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Forex trading is the best job in the world.

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Making money is easy if you know how to trade.

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I will teach you how to trade like a pro.

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Education is a journey to a better life.

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Knowledge is the key to success.

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Beginner’s luck: How to avoid common trading mistakes

You might not be based in the city, but that doesn’t matter anymore. In other words, trading has turned on its head over recent years, and whether you are stuck in pajamas in your bedroom, or dunning a grossly expensive suit in the city – you can all be part of the same game.

Of course, as we’re focusing on the beginner market today, there’s slightly more chance of you sitting in the former category. You’ve armed yourself with the appropriate software like MT4, and it’s now all about putting this to good use.

Sure, you are going to make mistakes, but the purpose of today is to help you avoid the so-called classic ones and boost your chances of turning a profit.

Be cautious with stock promoters.

One of the biggest temptations for a lot of new traders is to follow the so-called experts.

First and foremost, there are experts out there, but don’t take direct trading advice from anyone.

If everyone bought into the advice that these stock promoters provided, it goes without saying that the world of trading would be turned upside down. Not only that, but if their advice is so valuable, why aren’t they taking advantage of the returns?

Don’t let emotions get the better of you.

Another common mistake is to let your emotions get the better of you. The biggest example of this occurring is when you start to chase losses. Ultimately, it can become a never-ending, downward spiral and before you know if your trading career is upside down.

This is one of the reasons why trading just isn’t suitable for some personalities. It is volatile, and you need to learn to keep your actions stable when the going gets tough or even when you are riding a high.

Don’t rely on gut feelings.

The previous section leads perfectly onto this one about gut feelings. As you will have probably already expected by now, there’s just no place for them in the world of trading. Sure, some seasoned investors might rely on them from time to time but at least as a beginner, this is something that you shouldn’t be looking to replicate under any circumstances.

In your early days, logic is the only answer for you. If something doesn’t add up logically, don’t try and make some sort of other feeling take over. The problem with this is that you never really know why a trade has been successful or not – and your learning curve suddenly grinds to a halt.

Be ready to dedicate the time.

Contrary to what some e-books might promise, trading isn’t a get rich scheme. Sure, there are cases of some people turning huge pro(ts overnight, but these are few and far between. In general, you need to be ready to dedicate the time to your trading career. If you can only spend a few minutes per day, it’s going to be difficult. You’ll never be able to get a feel for the market, and ultimately understand what is and what isn’t going to help you turn a profit.

Trading Update. 17 Trades 17 Winners 461.7 pips.

Professional Forex TraderI have not done a weekly trading update for a long time so I thought I would share last weeks trades with you. There are a few of what I call breakeven trades which are trades that only yield a few pips. But as you can see from the list below I had 17 trades with 17 winners and a total pip count of 461.7.

All these trades can be verified with a trading statement if required. Just drop me an email if you want to see the trading statement.

Sold GBP YPY at 14698.8. Closed at 14544.4. Profit 154.4 pips.
Sold GBP USD at 13260.9. Closed at 13210.8. Profit 50.1 pips.
Sold USD CAD at 13227.8. Closed at 13197.7. Profit 30.1 pips.
Bought AUD JPY at 81.193. Closed at 81.231. Profit 3.8 pips.
Bought AUD JPY at 81.918. Closed at 82.036. Profit 11.8 pips.
Bought AUD USD at 0.73957. Closed at 0.74030. Profit 7.3 pips.
Bought GBP JPY at 14479.4. Closed at 14501.6. Profit 22.2 pips.
Bought GBP JPY at 14463.2. Closed at 14503.6. Profit 40.4 pips.
Bought CAD JPY at 82.825. Closed at 83.175. Profit of 35 pips.
Bought AUD USD at 0.73900. Closed at 0.73931. Profit 3.1 pips.
Sold USD CAD at 1.32920. Closed at 1.32880. Profit 4 pips.
Bought GBP JPY at 14475.1. Closed at 14478.1. Profit 3 pips.
Sold USD CAD at 1.33245. Closed at 1.333143. Profit 10.2 pips.
Bought CAD JPY at 82.692. Closed at 82.879. Profit of 18.7 pips.
Sold GBP USD at 13281.1. Closed at 13278.6. Profit 2.5 pips.
Sold EUR USD at 1.16662. Closed at 1.16395. Profit of 26.7 pips.
Bought CAD JPY at 82.384. Closed at 82.768. Profit of 38.4 pips.

Total pips for the week. 461.7.

If you are struggling with your trading and want to get similar results to these please then consider one of my Forex training courses. Thanks for visiting. Have a great day.

New Student Trading Statement. Profitable After Just A Few Lessons.

Professional Forex TraderOne of my new recruits has been so kind as to share his trading statement with us.

Tristan had never traded prior to coming on board with me, and he is trading profitably after just a few weeks of training. He has encouraged me to put his statement on the website to show other struggling traders that it is possible to trade successfully after just a few lessons with me.

Yes, he has had some losses, but he is still learning his craft, and yes there are some open trades that are currently in drawdown, but again he is still learning.

I want to thank Tristan for sharing this statement. It’s not perfect but its real. And it shows you that you do not have to have a large trading account to make profits from the Forex market if you are given the correct education.

Tristan is growing his account steadily and safely. To see the statement please click on the link. Tristan Statement

Changes To Forex Training Courses.

Changes To Forex Training CoursesI have made some changes to my Forex training courses. The 20 and the 40 hour courses have been changed to 15 and 30 hours. The new prices are £4995 for the 15 hour course, and £9995 for the 30 hour course.

These changes reflect a more streamlined course structure and added bonuses.

The learn to trade in 5 days course, and the learn to scalp in 5 days course have been repriced at £1750 from £1500, as myself and many students feel that £1500 is far too cheap for what im giving you.

I am in the process of changing the pricing throughout the site but i will no doubt miss some old pages. So if you find any of the old prices please let me know what page its on and I will give you the old price as a thank you for letting me know.

The earn while you learn option that was available for an additional £1000 is now FREE to all students that take the 15 or the 30 hour course. Membership of the live trading room is also FREE to those students.

Changes are effective immediately.