On this course, you will acquire essential knowledge needed to become profitable trader, taught by a private trader with more than 20 years of experience. Forex trading business is full of false assumptions, wrong information, unrealistic methods and complicated tactics, which only add to a trader’s confusion, instead of generating profits.
Simply put, you cannot be forever profitable by using someone else’s tactics because every person reacts differently during certain trading events. If you try to copy another trader’s methods, you will end up closing an opened position prematurely, while those with more endurance under pressure will prevail, because they have more appetite for risk than you have. What you can do is to acquire robust, proven rules, skills and behavior patterns, which you can adapt to your own character and emotional profile. That way, you will always feel confident, instead of being confused while thinking about what someone else would do in your place.
One particular rule says that complicated matters beyond our control should not be treated in a complicated way. You have to treat them simply and consistently because this will be the only thing you can control, and that will also be your main advantage. Your simple, but robust tactics will be the market’s Achilles heel. Every other approach will only add to the overall clutter, which is the main reason why so many traders are constantly confused, not knowing which rules they need to stick to.
Let me explain this in a straightforward way. The forex market is too powerful to be ‘giving attention’ to any single trader. The market will behave the same, no matter which tactics you use. Furthermore, the market will not change its behavior in order to prevent you from using some clever tactic to generate profits. It will simply ignore you, while handing over your profits. It would be as if you said, ‘Well, market, you know have I found some profitable tactics’, only for the market to reply, ‘Take your profits, I don’t care’.
After you finish this course, you will feel relieved and confident because you will know exactly what to do, and, even more importantly, what to avoid or ignore. You will know what to do in order to make profitable moves. You will also find out what is realistic to expect, no matter what you have been told before.
This essential course is the result of having read many books about trading and psychology, acquiring countless bits of information and possessing more than 20 years of practical trading experience. I would dare to say, it is almost impossible to buy all this knowledge and experience in a single package, for any price whatsoever.
Even if you decide not to actively trade, you will acquire a lifetime’s worth of knowledge, which you can use in many different situations. For example, you can supervise the fund managers who take care of your savings or pension funds etc. because, believe or not, they use similar knowledge to manage your funds.
I am Internet Entrepreneur and a private trader with more than 20 years of experience.
I have been involved in Internet business since it was considered just a hobby and not a valid profession. I have built many Internet startups and sold some to Int'l corporations.
Along way I learned what works, and what doesn't (most of the things). I have read countless magazines and a alot of business books, some of them lately proved to be wrong. Also learned alot, from managing risk, Laws of probability, Pareto principle to other funny things that actually work.
Last couple of years I have been involved in designing AI & NLP algorithms, since I humbly think AI is definitely our (bright) future. In this fast paced World where AI will lead the way, we need to find out new methods to pass ever changing knowledge to humans in a simple and engaging way.
As the skills people need for their jobs are changing so fast, the gap between what people already know and new practical skills they need will continue to grow.
Making video courses by using 'filmic' methods may be the best approach so far. I think new knowledge teaching methods will involve mixture between knowledge passing packed in an attractive and engaging presentation. Think hybrid between action movie and a lecture.