Is Peter Bain really the man?
Find out as we review the Forex Mentor training course
We all need a helping hand now and again, when you first got in to a car youneeded someone to teach you how to drive it. Trading Forex online is no different, before you can 'drive' the Forex market for substantial profits you need a helping hand to get you started in the right direction.
That is where a course like Peter Bains Forex Mentor comes in. The problem all Forex traders face when choosing a course is knowing which one really is the best. Every Forex training course claims to be able to make you rich quick, every Forex course claims to be better than the rest.
Do these courses really live up to their promises? Most do not that is why it is important to read up on other people opinions of courses before you take the plunge.
Peter Bains Forex Mentor is one of the most respected currency exchange courses anywhere. It is so popular that Peter holds his own live seminars all over the World, from the US to the UK to Australia and thousands of people pay to learn from the man who many people consider to be the holy grail of profitable Forex trading.
The question is, why does Peter have such an amazing following? Can he really teach so many people to be better traders? Let me put it this way, a following of this kind does not come from passing on weak, inaccurate information.
So lets have a look at the widely respected online Forex Mentor course that Peter runs. After all, whilst live seminars are great for meeting new people and learning together, nothing beats the convenience and ease of being taught from home.
First I must comment on just how in-depth Peters course is. Many training courses will only give you a set amount of information and leave you to it. Forex Mentor not only provides you with hours and hours of DVD quality footage but you also get access to new lessons, trading reviews, and pivot analysis on a daily basis as part of your membership. This is on top of the massive 20+ hours of video tuition!
This is absolutely crucial since learning is an ongoing thing - you can never know too much about foreign exchange trading! The benefit you will get from this constant stream of educational material is that you will always be ahead of the game and you will never need to buy another Forex training course ever again, saving you both time and money whilst also making you a far more profitable Forex trader than you ever imagined.
Lets summarize exactly what you will get when you join Forex Mentor:
250 Page Interactive Forex Technical Manual
20+ Interactive Video Tutorials
100 Page Forex Core Principles Manual
2 Exclusive DVDs Containing Over 3 Hours of Live Instruction
6 Months Unlimited Access to Peters VIP Members Area
3 Amazing Bonuses Worth Over $450!
30 Day Money Back Guarantee
This is the kind of offer that you almost feel bad accepting, you are getting an incredible amount of information for your money. When you think that the knowledge you will gain can help you become a massively profitable trader, you know that you will recoup the cost of the course many times over in a matter of months.
It is this massive earning potential that makes this course a no-brainer for anyone serious about making money from online Forex trading. It will give you confidence to take on those trades that you have always shied away from and then realized you made a big mistake and missed out on a massive profit opportunity.
Ok so, you know you are getting amazing value for money and more knowledge than many people who have been trading for years but what about the actual quality and ease of use?
Forex Mentor can make you far more money
then you ever thought possible!
Let me be honest with you, I bought the Forex Mentor course last year when I was just starting out in Forex trading. I knew very little about currency trading let alone how to make money from it. I was worried the course was above my understanding, that it would be far too technical for me to ever grasp fully, still I decided the offer was too good to refuse so I joined up.
I dread to think what would have happened if I hadn't. The course was perfectly laid out so that whether you are a complete newbie or a seasoned veteran you would not only understand the course but also take away a vast knowledge with the minimum of effort. It is this easy to use yet incredibly powerful recipe that means this course is perfect for you, I don't care if you have never traded Forex before or you have been trading for years - this course WILL help you!
After just an hour or so of reading the manual and viewing the tutorials I felt like I had read 10 books on trading and I felt like I had been trading for years. It all made sense, I couldn't believe I found Forex trading so confusing when I first started. A few months down the line and I was making such a significant amount of money trading Forex that I was able to give up my day job and start trading full-time from the luxury of my own front room.
What you will learn from this video forex course:
Why the Forex is the perfect trading market
How to implement the Pivot system used by floor traders
How to gauge price action with powerful filters
Learn how the Euro puts $700 on the table daily
How to use MACD to confirm price action
How to use the system to trade with up to 70% accuracy
How to use futures data to predict Forex trends
How to hedge your trade
How to recognize "iron-clad" signals and profit big time!
How to avoid the pitfalls of "dumb money"
How to implement stop loss strategies to protect your money
How to use winning chart patterns in conjunction with pivots.
Supports and Resistances: how to trade them in the Forex
How to follow daily steps for success
How to recognize false buy/sell signals
You will gain a trading edge!
Put simply, this course can change your life and when you think Peter is only charging $495 for a course that is better than most courses costing $2,000+ (trust us, we found out the hard way!) this is an amazing opportunity that cannot be turned down unless you are happy to carry on making minimal profit from online Forex.
Remember every Forex Mentor purchase is covered by a 30 day money back guarantee so you can buy with no risk.
I am not sure how much longer Peter will carry on accepting new members on to his Forex Mentor course, I know that most courses like this only accept a certain number of members before closing the doors to the general public.
This is simply because most genius traders do not want to let too many in on their trading secrets otherwise they have less time to actually trade as they get bogged down with too much paperwork.
Therefore my advice to you is that if you really are serious about making a living from trading Forex then you must act today and join Forex Mentor while you still have the chance. You can make the cost of the course back extremely quickly and so you should view this as a free education in becoming a professional currency trader.
Click here to sign up to Forex Mentor today before it's too late!
Sunday, August 23, 2009
The Ins And Outs Of An Online Forex Trading Platform
If you are as confused as I was when I started trading currency on the foreign exchange (forex), than this article will do wonders for you. From facts on the forex to the best online forex trading platform, your questions will be answered.
If you are as confused as I was when I started trading currency on the foreign exchange (forex), than this article will do wonders for you. From facts on the forex to the best online forex trading platform, your questions will be answered.
Ok, let's go over some of the basics. What is the forex? Well, forex, the word is simply a combination of the phrase FOReign Exchange. That's it, you're ready to trade. Oh, you want more? The forex market is an electronic market where the currency of different countries are traded.
In actuality, you are trading the value of currency A vs. the value of currency B. Although you can combine any two currencies to form a currency pair, there are four currency pairs that are considered the major pairs.
They are: EUR/USD (Euro/Dollar), GBP/USD (Pound/Dollar), USD/JPY (Dollar/Yen), USD/CHF (Dollar/Franc). You can spend your entire currency trading career trading just one of those pairs.
Now for some interesting facts about the foreign exchange (forex) market. It is over 30 times as large as any other financial market. Remember this fact, we will be touching on it again later. The forex market is open 24 hours a day 5 days a week. This is a great feature as it allows you to partake in the business of currency trading regardless of where in the world you are.
Back to the size of the forex for a second. Due to this attribute, the foreign exchange market provides currency traders with opportunities that do not exist on any other trading tool. Although this article is not being written to get into too much detail about this, I'll give you an example. There is no slippage on Stop orders during regular trading hours. If you are not sure what this means, I strongly suggest you spend some time looking it up. This is a quality that, by itself, separates the forex from all other markets.
So, now we get to the nuts and bolts of this article. What is an online forex trading platform?
Truth is, whether you are doing your own trading, following some form of forex trading alert or any other sort of forex trading system you are going to need an online forex trading platform.
Regardless of which forex broker you choose, you will be provided with some form of online forex trading platform. Usually, the trading platform will be the same whether you are trading mini contracts or full contracts.
What should an online forex trading platform provide?
Firstly, you should be able to see the value of your account at a quick glance. Also, you should be able to see how much money you have in the market and in what currency pair at any given time.
Secondly, the value of all currency pairs of interest to you should be right at your fingertips. This means that you should be able to define which currency pairs you want to have access to and you should be able to choose the look and feel of the quotes.
Thirdly, an order entering system should be easy to find and easy to use so that you can make quick reactions when you see an opportunity present itself. When you see a 20 pip reward and a 10 pip risk trade, you don't want to be fumbling around with your mouse or keyboard, you just want to trade.
In a very small nutshell, that's it. Those are the three things that an online forex trading platform needs to offer. If you have those than currency trading on the foreign exchange (forex) is only a few clicks away.
If you are as confused as I was when I started trading currency on the foreign exchange (forex), than this article will do wonders for you. From facts on the forex to the best online forex trading platform, your questions will be answered.
Ok, let's go over some of the basics. What is the forex? Well, forex, the word is simply a combination of the phrase FOReign Exchange. That's it, you're ready to trade. Oh, you want more? The forex market is an electronic market where the currency of different countries are traded.
In actuality, you are trading the value of currency A vs. the value of currency B. Although you can combine any two currencies to form a currency pair, there are four currency pairs that are considered the major pairs.
They are: EUR/USD (Euro/Dollar), GBP/USD (Pound/Dollar), USD/JPY (Dollar/Yen), USD/CHF (Dollar/Franc). You can spend your entire currency trading career trading just one of those pairs.
Now for some interesting facts about the foreign exchange (forex) market. It is over 30 times as large as any other financial market. Remember this fact, we will be touching on it again later. The forex market is open 24 hours a day 5 days a week. This is a great feature as it allows you to partake in the business of currency trading regardless of where in the world you are.
Back to the size of the forex for a second. Due to this attribute, the foreign exchange market provides currency traders with opportunities that do not exist on any other trading tool. Although this article is not being written to get into too much detail about this, I'll give you an example. There is no slippage on Stop orders during regular trading hours. If you are not sure what this means, I strongly suggest you spend some time looking it up. This is a quality that, by itself, separates the forex from all other markets.
So, now we get to the nuts and bolts of this article. What is an online forex trading platform?
Truth is, whether you are doing your own trading, following some form of forex trading alert or any other sort of forex trading system you are going to need an online forex trading platform.
Regardless of which forex broker you choose, you will be provided with some form of online forex trading platform. Usually, the trading platform will be the same whether you are trading mini contracts or full contracts.
What should an online forex trading platform provide?
Firstly, you should be able to see the value of your account at a quick glance. Also, you should be able to see how much money you have in the market and in what currency pair at any given time.
Secondly, the value of all currency pairs of interest to you should be right at your fingertips. This means that you should be able to define which currency pairs you want to have access to and you should be able to choose the look and feel of the quotes.
Thirdly, an order entering system should be easy to find and easy to use so that you can make quick reactions when you see an opportunity present itself. When you see a 20 pip reward and a 10 pip risk trade, you don't want to be fumbling around with your mouse or keyboard, you just want to trade.
In a very small nutshell, that's it. Those are the three things that an online forex trading platform needs to offer. If you have those than currency trading on the foreign exchange (forex) is only a few clicks away.
Tuesday, July 7, 2009
Forex Trading Signals - The Rise of the Forex Trading Machine
Forex trading
seems like it gets a reputation as intimidating and difficult for new traders when that should hardly be the case. You can understand how that perception comes about as billions of dollars are changing hands everyday, but as long as you arm yourself with the proper tools, anyone can not only compete, but succeed. A weapon to use to make things a little fairer are using a forex trading machine that generates accurate forex trading signals.
The are several great features in using forex trading machine or robots to generate forex signals. First, you can have them automatically sent you when they happen. You can do this via text message or email. You can also have your account set up so that the moment a certain signal occurs, you trigger a trade.
Most of these services are based on some type of program that will pick up a certain scenario that you are looking for. These programs basically crunch the hard numbers for you and let you know when a potentially profitable situation is occurring. These occurrences are trends that have provided profits time and time again. Now with this software, you don't have to know the information inside and out, but you should have some type of understanding of it to so you can get the most out of your investment.
If you are looking to spend a lot of money for a program, you will not be disappointed with the options that are available to you. However, believe it or not, there is plenty of quality programming that you can get absolutely free. One such program is using the Expert Advisr in a free forex trading software called MetaTrader.
Regardless of what software program you decide to you with, make sure you are using one that will use the candlestick format for plotting currency prices. This is the best way for viewing patterns that develop in a variety of fashions. This quickly spots both 'resistance' and 'support' positions.
If you are not familiar with this terminology, a support position is basically the low point or floor level of the currency. This is where it is expected to stop and then head back up. It is quite obvious now that resistance is what will send it right back down or the ceiling of the currency. This will be the highpoint at which you have maximized your profits. These two forex signals will often be the key to success for any good trader.
While this software is a great training tool, it is also a much better way to trade then trying to sit their and analyze charts. Don't misunderstand, you are still going to have plenty of traders that will insist that the only way they will make a trade is if they come up with the trend themselves. This presents a problem as it will often take them too long to find a trend and then they are missing out on the best part of the profit. They may still get in on it, but by the time they do get there, the software has you in and raking in the profits. Utilizing software to recognize Forex trading signals can be the difference in being a good trader and a great one.
As you are deciding on a company's software to use, make sure that it is linked from their home page as that is a sign of a reputable company. There are plenty of scams out there, so make sure you avoid them.
Okay, now you have some more great information on getting into forex trading so it is time to start raking in some profits!
seems like it gets a reputation as intimidating and difficult for new traders when that should hardly be the case. You can understand how that perception comes about as billions of dollars are changing hands everyday, but as long as you arm yourself with the proper tools, anyone can not only compete, but succeed. A weapon to use to make things a little fairer are using a forex trading machine that generates accurate forex trading signals.
The are several great features in using forex trading machine or robots to generate forex signals. First, you can have them automatically sent you when they happen. You can do this via text message or email. You can also have your account set up so that the moment a certain signal occurs, you trigger a trade.
Most of these services are based on some type of program that will pick up a certain scenario that you are looking for. These programs basically crunch the hard numbers for you and let you know when a potentially profitable situation is occurring. These occurrences are trends that have provided profits time and time again. Now with this software, you don't have to know the information inside and out, but you should have some type of understanding of it to so you can get the most out of your investment.
If you are looking to spend a lot of money for a program, you will not be disappointed with the options that are available to you. However, believe it or not, there is plenty of quality programming that you can get absolutely free. One such program is using the Expert Advisr in a free forex trading software called MetaTrader.
Regardless of what software program you decide to you with, make sure you are using one that will use the candlestick format for plotting currency prices. This is the best way for viewing patterns that develop in a variety of fashions. This quickly spots both 'resistance' and 'support' positions.
If you are not familiar with this terminology, a support position is basically the low point or floor level of the currency. This is where it is expected to stop and then head back up. It is quite obvious now that resistance is what will send it right back down or the ceiling of the currency. This will be the highpoint at which you have maximized your profits. These two forex signals will often be the key to success for any good trader.
While this software is a great training tool, it is also a much better way to trade then trying to sit their and analyze charts. Don't misunderstand, you are still going to have plenty of traders that will insist that the only way they will make a trade is if they come up with the trend themselves. This presents a problem as it will often take them too long to find a trend and then they are missing out on the best part of the profit. They may still get in on it, but by the time they do get there, the software has you in and raking in the profits. Utilizing software to recognize Forex trading signals can be the difference in being a good trader and a great one.
As you are deciding on a company's software to use, make sure that it is linked from their home page as that is a sign of a reputable company. There are plenty of scams out there, so make sure you avoid them.
Okay, now you have some more great information on getting into forex trading so it is time to start raking in some profits!
Subscribe to:
Posts (Atom)
