I had a chance to chat with Bill Poulos today and posed that question to him. Do you know what he said?

“most experienced forex traders wait too long to move stops to protect their positions and frequently watch their profits disappear.”

And that wasn’t all — he went on to explain a simple concept, similar to Gambler’s Ruin that permeates the forex trading world.

Basically, once a trader sees profit in a trade begin evaporating they get solely focused on getting back the lost profits. They forget to see the need to protect the profits that they still have in the trade. The result? A reversal continues, the once-profitable trade becomes a losing trade and the trader’s frustration mounts.

I’ve seen this myself and it’s the easiest trap to fall into, because you convince yourself that the Euro just hit that intra-day high and it can get back up there! Except – it doesn’t and it continues to pull back until your 20 or 30 pip gain turns into a 20 or 30 pip loss.

That’s a pretty severe example – but have you had that happen to you?

What do you do?

Bill had an answer for that, too!

He said most traders don’t know what the available profit potential is for any single trading event — that is, they don’t set profit targets which allow them to take what the market gives them and then exit the trade in multiple steps. And, without a strategy that protects capital first and manages profits second, there’s no way the average forex trader can survive in the foreign currency markets.

In order to position yourself correctly, traders MUST have a multi-part strategy — one that teaches them how to identify the BEST available trades, clearly sets out a profit target, helps manage the taking of those profits and from the outset, teaches traders how to protect their precious capital!

He calls this managing risk first, taking profits second – and it’s really groundbreaking thinking.

Watch the first part of his new, free video series on this right here:

FOREX ANGLE

Till Next Time Much Success Trevor

Popularity: 4% [?]

Learn how to trade Forex THIS way…

Posted by Trevor On September - 3 - 2009

Our research and surveying has confirmed that too many new and inexperienced forex traders simply do not know how to manage risk in each trade — and all too often, the result is the same: they wipe out their accounts.

Here’s what we find is happening. Forex has grown in popularity so quickly that many traders who are new to forex trading have just waded into the waters, opened an account and have begun putting on trades without any real thought or planning to how to approach trading.

It should be obvious that the problem with this thinking is little to no understanding of how to approach trading foreign currencies and the significant risks to capital that it poses. All to often, new traders try to trade first and learn second.

And the result of that learning is the loss of their account balances. Hey, let’s be honest, trading on a demo account is never the same as trading with real money. You do not apply the same emotional control, the same trading principles or rules, you’ll take greater risks with the demo account and play too safe with the live account (often to your own loss).

Reverse your thinking: learn first, trade second. In fact, across the board, the need to reverse people’s mindsets about forex is what is needed. Learn the right way to trade first, and THEN take that knowledge to the market and trade with it.

As part of that learn first scenario – the NUMBER ONE element to trading forex that new, inexperienced or unsuccessful traders should learn is how to MANAGE RISK FIRST in every single trade.

Today, one of the most well-respected Forex educators, Bill Poulos, released a video that teaches traders EXACTLY how they should be trading forex. And, how traders can put more trades in their favor by erasing risk — it’s very cool thinking and it isn’t what’s being taught by most of the so-called ‘Gurus’ out there.

Catch the video here:

http://www.yourforexangle.com/y/?i=1004283&u=4&l=f3

By learning to manage risk FIRST, traders will find their trading transformed as they are able to approach forex trading with an entirely different mindset, a plan for erasing risk and a solid set of rules by which to trade.

Till Next Time Much Success Trevor

Popularity: 4% [?]

Forex Tricks Do You Have Yours?

Posted by Trevor On July - 28 - 2009

Hi All

If someone was about to giveaway their number one Forex trading trick — would you want it?

I thought you would!

Well, right now, you can get the favorite trading trick of 34+ year trading veteran Bill Poulos, which you can use again & again to dramatically affect your odds of success in the Forex markets.

And the best part is, you can have it ON THE HOUSE, right here:

OPEN TRAINING

Now, as you know, Forex trading CAN be profitable. However, the big problem is knowing WHEN any given market is ‘trending’.

That’s critical to your potential success because a trending market tends to keep going in the same direction.

And when you find a market that’s trending, you can jump on board and ride it for a potential profit, as many times as you like.

Bill has traded the markets since 1974, and in all that time, I’ve rarely seen a technique that’s more simple and effective than the one you’re about to learn…F.R.E.E.

OPEN TRAINING CLICK HERE

Grab this trick right now and try it for yourself.

Happy Trading Trevor

Popularity: 5% [?]

Forex Grid Bot Review

Posted by Trevor On July - 25 - 2009

Forex Grid Bot is a Forex robot that does all the Forex analysis and places all the necessary profitable trades for you, the full automation ensuring that profit steadily streams into your broker account, and eventually into your pockets. This is based on the idea that automation is key to succeeding in a market dominated by banks and experienced brokers.

Unlike other Forex robots that tend to get greedy after some time, Forex Grid Bot works by making thousands of small yet profitable trades per day. This translates to a very high degree of security with your investments, as the impact of one failed trade is not as large when there are a thousand others making profit. This also makes for the consistent stream of profit the software boasts of.

Forex Grid Bot requires only that you download and install it into your computer, and allow the automation to take care of the rest. After that, all you need to do is sit back and watch the profits steadily stream in.

Go to the Forex Grid Bot Website

Feedback & Overview

Overall Rating:

Forex Grid Bot does all the work for you: no need to make trades yourself, no need to input anything other than the basic numbers. This full automation means that there is virtually no margin for human error present, making this software deserving of an overall 5 star rating.

Go to the Forex Grid Bot website to download the software and see how full automation can benefit you as well.

Actual Customer Feedback:

“I’ve been demoing this system for a week, live trading for just one day.

So far I’m HUGELY impressed! On my $1400 live account, it made $300 in one day. Encouragingly, that’s $300 net inclusive of a few loosing trades, which makes me think that it might not be luck and could actually be sustainable.

I have high hopes for this robot; I’ll keep you updated as time goes by.” Actual user review from forexpeacearmy.com

“Overall I think this is an excellent piece of software and an amazing opportunity for anyone wanting to enter the exciting world of trading Forex. To top it all off they’re offering a full 60 day money back guarantee. So there is absolutely no risk to take this baby for a spin. You can even try it out with a test account first. See for yourself how profitable this Forex Robot can be.” Actual user review from forexrobotrading.com

“Once I activated Forex Grid Bot, it immediately started managing my money for me by calculating appropriate trading lot sizes according to the size of my capital. Its money management techniques have proven over time to have helped me lower my account’s drawdown significantly and increase the frequency of making winning trades. It does all this without me having to make any manual adjustments to it.” Portion of a review from ezinearticles.com

“Not only can the Forex GridBot analyze the market minute by minute and left running 24 hours a day 7 days each week. It actually learns and gets better over time. To round it off it automatically sets stop loses so that you can never loss your shirt on the rare occasions where it enters a losing trade.” Portion of a review from blogcatalog.com

Our Research on Forex Grid Bot Suggests:

Forex Grid Bot has proven to be a powerful robot, a revolution in fully automated Forex trading. A few technological advancements more, and this may very well be the most powerful Forex trading system out there.

Verdict:

All the potential for its fully automated system, combined with the effectiveness it has as of the moment, mean that Forex Grid Bot deserves no less than a 5 star rating.

Go to the official Forex Grid Bot Website

Product Details

Forex Grid Bot

Company Info:

Forex Grid Bot is managed by a team of experts in both Forex trading and software. Decades of experience and revolutionary theories on the nature of the Forex market have reached their climax with the creation of this software.

Official Site:

www.forexgridbot.com

Product Specifications:

VIP membership included

  1. Total automation – no intervention needed
  2. Easy to download and install
  3. Thousands of small trades makes for high security
  4. Money back guarantee

Price:

$149

Return Policy:

60-day full money back guarantee

Download Forex Grid Bot here

Popularity: 5% [?]

Forex Derivative 2.0 Review

Posted by Trevor On July - 25 - 2009

Forex Derivative 2.0 is a failsafe and self-adapting forex trading automator that simulates the most advanced trading techniques to bring you big money effortlessly. This highly-sophisticated software utilizes years of Zack Kolundzic’s experience in the business to accommodate different market conditions so that you’re always at an advantage no matter what situation.

Trading decisions made by Forex Derivative 2.0 are based on a predefined set of rules that not only keep you successful in the trade, it also makes sure that your capital is always safe. This software has the distinct capability to protect you even if you make an unlucky call that could put your entire investment at risk.

Worried that the software might get outdated with the ever-changing trends? Forex Derivative 2.0 constantly monitors market conditions so that its volatility will keep you earning in big numbers without having to stress about keeping yourself up-to-date.

Go to the Forex Derivative 2.0 Website

Feedback & Overview

Overall Rating:

Many users have noted the safety that Forex Derivative 2.0 brings to their capital. For always keeping customers’ money and assurance as its top priority as well as keeping the income steadily flowing in, Forex Derivative 2.0 gets 4 stars.

To try out Forex Derivative 2.0, visit their web site to download it.

Actual Customer Feedback:

“There are disadvantages which is that it works well now… but we don’t know how it will last long… but from my point of view this is the second version… so I think that it will pass and make great succes to who owns the forex derivative 2.0.” Actual user review from marketinvestigator.com

“Forex Derivative is a system that really can make money in the end, unlike most other Forex expert advisors (Forex robots) available on the market. This system will not devastate your account by a single unlucky trade.” Actual user review from softwarely.com

“The best part is regardless of how strong the signal it generates for trading, Forex Derivative 2.0 will always place number 1 priority on the safety of your trading capital.” Portion of a review from genuinepath.com

“I love the software because it has a great stop loss ability that has never before seen on any forex EA. The system can ensure your profit in any market condition. The number one priority of this software is absolutely the preservation of your own capital.” Portion of a review from dreamteammoney.com

Our Research on Forex Derivative 2.0 Suggests:

Our research on Forex Derivative 2.0 suggests that this is one of the best expert advisers on forex trading out there – especially for conservative businessmen who want to protect their assets from high risks. It’s also been tested and has performed remarkably on live runs in forex trading. Its stop loss ability is definitely its crowning jewel.

Verdict:

Forex Derivative 2.0 is clearly a big contender in the automated expert adviser market. With the promise of sure gains and protected capital, customers flock to this product to experience the marketplace in the safe zone. This system is certainly worth a try.

Go to the official Forex Derivative 2.0 Website

Product Details

Forex Derivative

Company Info:

Zack Kolundzic is an expert on forex strategies, garnering his experience through years in the business. Recently, he’s become known for his contributions in effective forex trading and has made a name for himself with selling products that make the industry easier to be successful in. Forex Derivative 2.0 is a product of 18 months of collaboration between him and a technical team that brings his knowledge of the forex industry to work on your own computer.

Official Site:

www.forexderivative.com

Product Specifications:

  1. Pays attention to the safety of your capital
  2. Makes sure that you’re making steady growth
  3. Uses market volatility to your advantage
  4. Doesn’t devastate your account with a single bad trade
  5. Calculates strategies constantly, depending on market conditions
  6. Money back guarantee

Price:

$97.00

Return Policy:

56-day full money back guarantee

You can download your own copy of Forex Derivative 2.0 here

Popularity: 4% [?]

Forex Automoney Review

Posted by Trevor On July - 25 - 2009

To trade in the Forex market successfully, you will need only three things: a computer, some money, and knowledge on what to trade. Forex Automoney promises to provide you with as much of the third as you will need: automated signals that tell you when and what to buy and sell at certain times, in order to generate enough profits to multiply the amounts you invested into the market in the first place.

Forex Automoney works by sending you trading signals in whatever timeframe you request: intraday, daily or weekly (of course, you could also follow all three timeframes). All you have to do afterwards is to follow these signals, comfortable in the fact that these will be bringing you profit in due time.

One of the best parts of using Forex Automoney is that you do not need to start investing with large amounts of money in order to generate profits and to prove that the software works; an initial investment of $1 is sufficient. Moreover, this software works on any country, on any major currency pair, with any user who can follow signals properly. The latter, in short, means that no trading experience is necessary to operate this software, as it does all the monitoring and prediction work for you.

Go to the Forex Automoney Website

Feedback & Overview

Overall Rating:

Forex Automoney’s versatility is its strength. This makes for a very competent degree of consistency, giving the software an overall rating of 5 stars.

Go to the Forex Automoney website to download the software package and see how consistent they can be with their profit generating.

Actual Customer Feedback:

“Forex Automoney have released their unbeatable trading system based on generated buy / sell signals. It’s amazingly simple. Just place simple buy / sell orders. You are told exactly what to do. Work when you like and as frequently as you prefer.” Actual user review from myforextraining.com

“I have been using it practising trades on a variety of currencies, and it has made me $500 in my practice account with the broker it has recommended” Actual user review from forexforum.net

“It was difficult to find many people who didn’t have any kind of success with Forex Auto Money. The vast majority were very satisfied with their experience, although some have said that their actual results weren’t quite as good as the results shown on the home page.” Portion of a review from learnforexdirectory.com

“Well, I don’t know what the weekly or daily methods do, but he Intraday is working great for me. In the past three days, I took signals twice a day in a demo account from Interbank FX MetaTrader 4. I placed 25 trades with only 4 losers. I’ll take that kind of win-loss ratio all day and all night. I give them 5 stars.” Portion of a review from forexpeacearmy.com

Our Research on Forex Automoney Suggests:

We ourselves have researched on what Forex Automoney can do, and the results have been interesting: aside from a small number of dissatisfaction reports, Forex Automoney has proven that it can indeed give you a consistently rising stream of profit.

Verdict:

This is a 5 star membership, due in part to the versatility the program packs, and in another part to the reputation the program’s creators have had (they have been helping Forex novices and veterans alike for about 10 years as of this writing).

Go to the official Forex Automoney Website

Product Details

Forex Automoney

Company Info:

M. Festner heads the company that manages the Forex Automoney system. With over 10 years of helping people to survive the Forex market via memberships to their programs, they offer yet another piece of aid in the form of the Forex Automoney package.

Official Site:

www.forexautomoney.com

Product Specifications:

  1. Limited membership discount
  2. Signals generated intraday, daily or weekly
  3. Online manual included
  4. No experience necessary
  5. Money back guarantee

Price:

$4.95 for the first three days

$99.90 for every month thereafter

Return Policy:

60-day full money back guarantee

Download your own copy of Forex Automoney here

Popularity: 5% [?]

These are some of the things you need to look for when getting Forex online trading accounts.
As yourself if the brokerage that you have signed up with is legitimate or not. There are many ways to gauge whether they are legit, one of the easiest ways is to find out how long they have been around and what ties they have with offices offline. Good brokerages have been around the block and have dealt with different types of Forex accounts. Look up on their portfolio and you should be able to spot their long list of achievements.

They should also be transparent in the way they do their business. All your questions must be answered in a clear and concise manner, and all the information you need must be given to you as soon as possible. For one you need to know the qualifications of their brokers, how long they have been around, their clients, their portfolio strength and any financial information that you need. Knowing these will give you a secure environment to place your money in, especially in an environment which gives you up to and over 10% (as high as 100%) of the money that you put in. You should know the level of expertise of the brokerage that you are involved with, and be assured that someone who is competent is handling your account.

This is a very important thing to look out for when opening a Forex online trading account. Make sure you have full control of your account, knowing exactly what happens and where your money is going. You should have full involvement in the decision making process and your decisions should be acted upon almost instantly. The important thing about the liquid Forex market is that you need to take full advantage of it. There has to be no delay in the investment process and your broker should be able to act on your decisions as well as give you advice on it. One of the problems about brokerages that have been reported by investors, especially those online, is the ironic delay of operations when it comes to investing and making decisions.

The internet and Forex markets should give you the speed necessary to react to changing market psychologies and trends, and thus the communication tools that are given to you to engage in fiscal dialogue with your broker should be easy to use and efficient. Also, this applies if you are a budding investor as well. There has to be some training involved when you sign up with a brokerage. Tell them that you are relatively new when you do get their services. Good brokerages will be able to give you a good dummy account to practice on as well as some training programmes that will help you get familiar with the mechanics of online trading. These are valuable assets that should be provided to you when you get a Forex online trading account

Popularity: 6% [?]

3 Reasons Why You Should Learn Online Trading

Posted by Trevor On July - 5 - 2009

Worried about the current economic climate? Wonder why so many people are turning to online trading? This article will seek to answer those questions. You need to have an alternative to your main source of income, because in these uncertain economic times, you can never be sure of what forecasts may be ahead for you. Already, many large conglomerates and companies have laid off hundreds of thousands of employees all over the world and these are just the reported numbers. SME’s and private business owners have also been hard hit – and in some regions where the recession has not fully hit, the future is bleak.

Even if you have a concrete job with prospects, it is always good to have an alternative revenue stream just in case anything happens. Massing up risk capital is always good – there is no argument against it and online trading is a great way for anyone to do this. You can do it from the comfort of your own home and with the proper practice and money management, you will have on your hands a viable secondary income stream to add that extra level of security to your life and those of your loved ones. Online trading is also extremely simple to do – it is unlike the initial systems and set ups that were required when it was first introduced more than a decade ago.

This time, you have a plethora of financial companies and brokerages who have tailor made online trading to the casual home user. From easy to sign accounts, interfaces made for the casual investor in mind, support structures that help you every step of the way, investment programmes that help you make complicated calculations to augment your investment decisions and the existence of dummy account setups for you to practice with as much as you want – going online to trade has never been easier and you will always be assured that there will be someone around to help you make that investment decision for you. The potential to make money online is phenomenal; with online trading in commodities like futures and the Forex trade.

Take Forex markets for example, a trillion dollar a day turnover market that is easy to trade in and is extremely liquid. With brokerages giving exceptional deposit margins as well as breadth of play to invest in any market 24 hrs of the day, your options are only limited by how much time you choose to put into the market. The Forex market is an investment wonder, because of its largely predictable market psychology and the fact that you can turn a downturn into a profit making session. Online trading can be the turnkey for anyone who wants either an alternative income, or even a full time solution to their real life economic problems. Join the thousands of people who are trading online on a daily basis – with sound advice and effective money management, you can be well on your way to financial independence within a few weeks of trading.

In my opinion FOREX INCOME ENGINE is the most flexible Forex method that can be used in any time frame – Check Out FOREX INCOME ENGINE.

Click the image to visit the website

Popularity: 5% [?]

Private beta testers EXPOSE Forex Income Engine 2.0

Posted by Trevor On June - 21 - 2009

I just got this from a trading buddy of mine — and if you’ve been following the release of 30+ yr trading veteran Bill Poulos’ Forex Income Engine…

…you’ll enjoy this.

It seems a private group of beta testers accidentally made public their results on Bill’s new trading method.

Now, the last time I checked, this video was still online, so if you want to see what happened, check it out HERE:

Private Beta Testers EXPOSED

What was cool to hear was the inside information the leader of the group got from Bill in a private discussion on Friday.

If the videos are still live, get them here:

Private Beta Testers EXPOSED

Good Trading, Trevor

Popularity: 28% [?]

Forex Trading Course #1 Forex Profit Accelerator

Posted by Trevor On June - 20 - 2009

This is our number one chosen Forex Trading Course.

However – If you want to pick this one up you need to hury as there are only a handful of spots remaining. This is a complete step by step home study course called FOREX PROFIT ACCELERATOR.

If you deep down know there is a way to profitable trade on the forex and have a life as well then this course is designed for you.
If your feed up with being a 9 to 5 slave and desire to make it on your own in less than 20 minutes a day and know there is a way to stop spending hour after hour chart gazing then Forex Profit Accelerator is the course for you.

PS There is only a limit number of this course being offered so you need to act fast.

CLICK HERE TO GET STARTED WITH FOREX PROFIT ACELERATOR



Popularity: 18% [?]