A Better Way To Profitably Trade The Forex Markets – FPA PIP
Only 271 more traders will have a chance todiscover Forex Freedom as part of my next class before this offer expires on Tuesday, July 29th, 2008 at 11:59pm eastern time.
Dear Trader,
Welcome to the Forex Profit Accelerator web page. Today could be the turning point in your life you’ve been waiting for… that is, if you’re prepared to do what it takes to get where you want to go. After all, if you’re visiting this web page today, then my guess is that something is missing in your life.
Do you want to spend more time with your family? Are you looking for another source of income that could help you leave your J-O-B (”just over broke”)? Maybe you want to start a “portable” business that you can run from anywhere in the world in less than 20 minutes a day with no employees, no office, and no boss to answer to…
If any of that sounds interesting, then keep reading, because I have some great news for you. It doesn’t matter if you’re a complete beginner or a seasoned pro in the Forex markets; and, it doesn’t even matter whether or not you currently have a Forex trading method.
Regardless of your personal background and experience level with Forex, the information I’m about to reveal to you in this letter has the potential to make a profound impact on your life in many ways.
In particular, you have the chance to make a permanent “life shift” from that of dependence… to one of complete INDEPENDENCE. It becomes possible when you begin to make changes that increase your knowledge and put the odds in your favor.
But before I begin, let me just say this: I truly believe that if you’re a dedicated and serious individual, your life and your trading results could change forever after you read this letter, and you’ll never look at trading Forex the same way again. And when you fully realize the power and lifetime value of becoming an independent trader in the markets, you’ll never feel the need to listen to another so-called “expert” again, because you’ll be empowered to make all the decisions. Keep reading to discover why I’m making these bold statements, and why I think you’ll agree with me.
I am going to be very candid with you right now, and I risk alienating myself from most of the other Forex educators out there. However, I had to make a decision: tell you the truth, or keep my mouth shut to make good with the “old boys” network of Forex “gurus”.
Deep breath… here it goes…
I’ve had my eyes on the Forex markets for years, but specifically, I spent the last year carefully researching, testing, and tweaking every course, system, and method I could get my hands on to see what was going on. So, I think I’ve seen it all, and for the most part – it’s ugly.
I have 4 “golden rules” that I use to determine if a trading method is good for me:
It must be a complete method, with setup conditions, entry rules, initial stop rules, and exit strategy rules, leaving no decision to chance.
It must include specific risk management, money management, and portfolio management guidelines.
It must be based on technical analysis, but it must not be a 100% mechanical system.
It must take less than 20 minutes a day to apply after learning how to trade with it.
Let me talk about item #3 above for a moment, because this is where a lot of traders can potentially lose a lot of money.
When you rely on a computer to make 100% of your trading decisions, you do not learn how to become a trader, and you never will. Instead, you learn to follow directions. This can be extremely dangerous to your portfolio, because almost every system I’ve seen since 1974 has been back-tested and curve-fit, which means it will ultimately fail, or at least not live up to its past hypothetical results.
Now, that statement might get me into trouble, especially with younger traders, who tend to believe that you can create a 100% mechanical system that never (or rarely) loses. Folks, that’s called the Holy Grail, and a week doesn’t go by that I don’t get an email from someone who thinks they have found it.
By the way, this becomes even more dangerous when you base your livelihood on a third party service that feeds you signals every day without telling you their “secret formula”. What would happen to you if they went out of business?
(Just for the record, I believe some mechanical systems ARE good, at least for awhile, but I also believe the only way to maximize their use is if you truly understand how to trade in the first place.)
So what I found was that almost every Forex “solution” out there looked like this:
Incomplete method. Many of the courses taught a TON of theoretical stuff, which was all very interesting, but left you absolutely no step-by-step roadmap to help you make money.
Lack of risk management. Very little, or a complete absence of any risk management, money management, or portfolio management guidelines.
Fundamental analysis. About half of the courses and systems I looked at were based on fundamental analysis, which generally requires a lot of studying (time) and can be extremely subjective.
Day trading. Almost every course or system I looked at required you to be glued to your computer for hours at a time.
NO WONDER so many traders are “losing their shirts” attempting to trade the Forex markets!
Can you “get rich” using a day trading method or “black box” system that’s incomplete, lacks risk management, or is based on fundamental analysis? Sure you can. You can also win a million bucks playing blackjack in Vegas.
Look… trading is a numbers game, and to succeed you need to stack the odds in your favor. So why not control everything you possibly can? Why not take the guesswork out of every decision you have to make? Why not eliminate as much uncertainty as possible so you can remove the stress and strain most people associate with trading, and replace that with confidence and purpose?
Keep in mind, I’m just stating my opinion here, and telling you how I like to trade the markets. You might not be looking for a complete, step-by-step trading method that gives you back most of your free time. Maybe you just want to learn about Forex theory, or maybe you really do enjoy spending two, three, four hours or more day trading. That’s OK, but if that’s you – then I can’t help you today.
However, if what I just said makes even a little sense to you, and if you relish the thought of spending as little time as possible actively trading while at the same time maximizing your profit potential, then I think you’ll be thrilled by what I’m about to reveal to you…
Click Here For Forex Freedom In Less Than 20 Minutes A Day..
