How to Achieve Financial Success with Forex Trading

Name: How to Achieve Financial Success with Forex Trading
Rating: 4.5 (423 reviews)

The winner explains all the activities, techniques, tools and trading strategies he used to win

Created byAlex du Plooy

Last updated 7/2021

English

English [Auto],

What you'll learn

How to increase Forex gains tremendously when strong signals are identified
Appreciate the importance of thorough preparation and planning before placing a trade
How to be an energised, focussed and confident Forex trader
Use simple techniques to find high probability trades
Select appropriate currencies to trade
Know how to properly use the Grid Trend Multiplier to multiply gain and financial results
Realise the importance of trading regularly
Use and own the Grid trend Multiplier Expert Advisor
Ask any questions they like from the winner using the Udemy discussion facility on an ongoing basis
How to tell when stay out of the market and when to trade aggressively
How to create the potential of generating +100% gains a month when the markets will allow it
How to generate +100% to 300% gains a month when the markets will allow it

Course content

7 sections • 22 lectures • 1h 59m total length

Introduction and overview of the Course3:14
Explore forex trading fundamentals with a focus on course goals, preparation, risk management, and live-trading strategies, analyzing a real trading account and encouraged questions throughout.
Message from the Winner2:00

Know the rules of the competition7:01
Learn the competition rules for forex trading using the grid multiplier, including ROI as the winner metric, and the option to use demo accounts, multiple entries, and auditing requirements.
Selecting a currency3:02
Select currencies with volatility and predictability for trading competitions. Highlight the pound as a top choice for the double-in-a-day technique and GTM due to its multi-market movements.
Get yourself psychologically prepared for the competition5:48
Master forex trading psychology by embracing losses as learning opportunities, cultivating patience, and using affirmations to build confidence and focus on high-probability trades during competitions.
Quiz about preparing for the Forex trading competition

How the Grid Trend Multiplier strategy works5:02
Learn how the grid trend multiplier uses fixed grid levels to time trades only at touch points, cashing in winning positions and opening new ones in the trade direction.
The multiplier effect explained9:09
Explore the multiplier effect in forex trading, showing how cashing in on multiple trades at the same level can multiply profits even when the price moves against you.
The dangers and risk management9:53
Explore the risks of the grid trained multiplier and learn risk management techniques, including maximum open deals, grid scaling with gap sizes, and risk sizing by account to reduce losses.
Input into the EA7:32
Explore how to set up and use a forex EA for the great train multiplier, detailing manual position sizing, risk controls, and max open trades toward an 860 percent return.
Download the EA0:18

Defining your trend strength confidence using multiple currencies and MAs9:37
define your trend strength confidence for forex trading using multiple currencies and moving averages to trade aggressively in clear trends and conservatively when direction is uncertain.
Using position sizing to leverage gains8:05
Learn to size your trades with position sizing and moving averages to assess confidence, tie risk to account size, and leverage gains while controlling loss.
Using Gap sizes to leverage gains and reduce losses4:51
Explore how gap size affects profitability and risk in forex grid trading; smaller gaps boost profits but raise losses, while larger gaps limit gains and reduce losses.
How to manage risk and how to get the best returns

Introduction to the Bonus section - ideas of how to implement some of the course2:07
Apply a bonus approach that combines longer-term chart signals via the weekly and daily charts with shorter-term scoping trades, using the multiplier concept to build trading experience.
How to set your charts up using templates and profiles9:31
Create templates and profiles for a multiple moving average system. Load charts, set periods (3, 5, 9, 12, 15), choose colors, and define timeframes.
Using other currencies other than the GBPJPY4:34
Explore alternative currency combinations for the multiple moving average crossover system to find high probability trades when multiple currencies align. See examples like US/yen, euro/yen, aussie/yen, and pound New Zealand.
Other ways of identifying trends4:24
Explore the empty four indicator used with multiple moving averages to spot aligned trends across 1m, 5m, 15m, 1h, 4h and daily charts, signaling potential trades when three timeframes align.
Identifying trading signals using multi currency and multi timeframe charts9:36
Identify strong downtrends using multi time frame moving averages across currencies. Align longer term charts with shorter term entries to time trades and manage exits.

Requirements

This course is at intermediate and advanced level so may not be good for complete beginners. Some manual trading experience and knowledge of charting is recommended

Description

In this course the winner of a recent international Forex trading competition (860% return in 2 months) openly reveals and shares all the techniques, strategies, tools and approaches used that gave him the edge to nose ahead of the competition by almost 200%. He did not use rocket science, so after doing this course there should be no reason why your own Forex trading should not take a quantum leap forward in the next year.

This course is presented by his mentor Alex du Plooy and the content comes from numerous email, Skype and Team Viewer conversation sessions. He has known and been mentored by Alex for over 5 years.

The content of the course be simple and clear and should motivate and inspire you to achieve improved Forex trading results. It mainly consist of videos and quizzes. Many example and explanations are given as well as an analysis of the winning trading statement

The winner takes you through the process of preparing himself mentally, psychologically for the competition. He knew the tools, rules, strategies to be used, currency to be traded even before the competition. After that is was a case of merely implementing his strategy using specific tools to guide and assist in planning deals. When sticky situations developed he worked his way out of them as his strategy and risk management was decided before the time.

There are 100’s of basic and advanced trading lessons scattered throughout this course.

Major techniques and approaches you will learn are:

How to select currencies
How important it is to be psychologically prepared for Forex trading
How important it is to be the master of your trading tools – not their slave
How important it is to have a very clear and complete strategy covering all eventualities before starting to trade.
How easy it is to get the direction right most of the time with a free Trading technique
How to use a 3 dimensional view of the Forex Market to enter and monitor your trades.
How to be use position sizing to leverage gains and reduce losses
How to use Gap sizes to leverage gains and reduce losses
How to manage trading risk by managing the number of open deals at any one time
How to know when to stop trading and take a rest.
How to know when to trade aggressively and take full advantage of trends
How simple a successful trading strategy really can be
………..and much more

The Course includes the Grid Trend Multiplier EA and the Multiple Moving Average strategy used by the trader to guide him as to which strategies to use during the competition. These tools along with other techniques helped him only trade of the markets major trends and to get out of the market quickly when this trends reversed or slowed down.

Although the Forex trading competition required the use of a GTM EA the principles above apply to Forex trading in general and can be used for most Forex trading techniques.

The beginner will get a good idea of what is required to succeed in Forex trading and the intermediate and advanced trader can use the course as a check list to find ways to improve their trading.

You need to do this course.It has so many Forex trading and trading psychology gems that you will be filled with confidence and inspiration at the end.

Who this course is for:

Forex traders who really want to succeed at Forex trading on a return on equity basis.
Forex traders with open minds to learn a new approach that clearly works from a proven winner should take this course. Sceptical, critical and "know it all" traders and who labour under considerable bad Forex trading baggage should stay away.
Forex traders with a thirst for knowledge will find the contents very informative

How to Achieve Financial Success with Forex Trading

What you'll learn

Explore related topics

Course content

Introduction and overview2 lectures • 5min

Preparing for the Trading competition3 lectures • 16min

The Grid Trend Multiplier5 lectures • 32min

Managing the trading process till the end of the competition3 lectures • 23min

Seeing it all in action1 lecture • 10min

Bonus Section: Using the contents of this course in our own trading5 lectures • 30min

Close3 lectures • 6min

Requirements

Description

Who this course is for: