Forex-Crazy

Forex Seminars/Workshops London UK - 14/15/16 Feb 2010

2010-01-24T07:18:00.000-08:00

Forex Seminars and Workshops in London UK

We try and keep you informed about forthcoming recommended Forex Trading Seminars & Workshops in London UK:

Forex Workshops in London UK - 14th to 15th and 16th Feb 2010

BIG NEWS: Renowned Top Forex Trader Sunil Mangwani is coming to the UK in February 2010 to run 2 Forex Trading Seminars/Workshops in London including Live Forex Trading - he is brilliant! If you really want to get on the right path to learn how to trade Forex or improve your trading then these are Must Attend events. Sunil doesn't get to the UK very often so make the most of this opportunity.

14th - 15th Feb 10 - Basic Forex Seminar / Live Forex Trading Workshop (2 Days)

16th Feb 10 - Advanced Forex Seminar/Live Forex Trading Workshop (1 Day) - Learn a complete Hidden Divergence Forex Trading Strategy.

To secure a place click HERE and leave your details today, by doing so you will qualify for a months Free access to Sunil's Live Forex Trading Room on completion of payment.

The cost of the 2 day Basic Forex Seminar / Live Forex Trading Workshop is just £399 - an absolute bargain!! There is an early bird discount reducing the cost to just £349 if you register by 31 Jan 10, CLICK HERE for details on how to obtain your discount now!

The cost of the 1 day Advanced Forex Seminar/Live Forex Trading Workshop is £799. There is an early bird discount reducing the cost to just £749 if you register by 31 Jan 10, CLICK HERE for details on how to obtain your discount now!

IMPORTANT: These Forex Trading Seminars/Workshops will be limited in numbers and will sell out fast so if you want to secure your place send an e-mail to support@forex-crazy.com with the heading 'Forex Seminars' and include you name in the text and we will send you the link to register.

Sunil Mangwani is an expert on Forex Trading and is the course instructor.

To see the 2 Day Basic Certificate Forex Seminar content and details just CLICK HERE

To see the 1 Day Advanced Certificate Forex Seminar content and details just CLICK HERE

TRACK RECORD – Trading 1 mini lot on the EUR/USD on the 1 hr timeframe from 1st January 2007 to 31st December 2008, the Advanced Certificate technique alone has banked 30478 pips and increased the trading capital from $10000 to $40318.

Our (Forex-Crazy) experience of these Forex Trading Seminars & Live Forex Trading Workshops is that you will also learn a lot more than the above and be able to bring real discipline to your Forex trading, by learning:

how to identify low risk high probability trades
how to plan the trade and then trade the plan
when to enter a trade and with what position size and number of positions.
when and how to scale out by taking profits at predefined levels for multiple positions
when to let your winning trades run or when to close them out.

So don't delay, secure your provisional place today by clicking HERE and leaving your details or send an e-mail to support@forex-crazy.com with the heading 'Forex Seminar' and include your name in the text.

For more details on Sunil Mangwani: CLICK HERE

So come and join us and learn how to trade Forex like a pro!

Learning Forex Essentials

2009-10-20T08:20:00.000-07:00

If you want to be an engineer, lawyer, doctor, vet, architect or master any profession or skill, you need to put some time in, maybe months, even years, so why should anyone think they can walk into Forex trading and become a millionaire overnight. Plain daft in my view, however, it should take you a lot less time than studying to be an engineer or vet, provided you go about it in the right way, so don't be disheartened.

So what is the right way and what have I learned?

The Essentials

• Don't kid yourselves. Forex is considered High Risk, so if you are risk averse you may wish to reconsider learning how to trade it. However, if you can learn to manage yourself and your risk then you stand a good chance of succeeding. More often people lose money due to a lack of understanding, human error and lack of discipline. You can do something about all these aspects and thus minimize your risk.

• You need to be absolutely honest with yourself and with anyone who knows what you are endeavoring to do, with regards to your progress - success and failure, the latter is more important to be honest about - that can be tough.

• You need the patience of a saint and the self-discipline of a soldier and sometimes nerves of steel.

• If you don't have already, you need to develop an inquiring mind. Just ask, why, what, where, how, when!

• If you don't know something, then Google it, as it is probably out there in a free resource somewhere.

• Failure is normal and good, that's how you will learn - from your mistakes, just don't do it in a Live account!

• Around 90% of retail Forex traders fail to make any money. Probably because they don't plan their trades and thus plan to fail, they don't understand risk and money management and they certainly won't have a handle on their emotions when trading live money. If you have a comprehensive trade plan and stick to it, that will address most of the emotional issues of trading live.

• This is NOT a get rich quick endeavour! This IS a get rich endeavour in a steady and timely manner! By compounding your profits you can achieve financial freedom; however you must pay yourself every month from those profits.

• The markets are essentially driven by FEAR & GREED. These two emotions need to be controlled when trading Forex.

• Being able to decide when NOT to trade is as important if not more than deciding when to trade. Not trading in certain market conditions is a great trading decision.

• If you want to be an independent Forex Trader rather than a dependent one then write down why you want to be an independent Forex trader. Trading is a means to an end and not an end in itself, so what lifestyle are you seeking? What life goals do you have? Look at these goals everyday, that will keep you focussed when things aren't going to plan. Put the answers or a picture at the top of a draft Trading Plan which you can develop as you learn, this should maintain your focus when things are not working out.

• If you don't have any money for a trading pot start saving NOW! By the time you finish learning all the key things about Forex trading you should have sufficient capital to open a small (Micro) live trading account. How much? $1000, but preferably $2000 to $5000, should be sufficient for a Micro account, provided you are trading pennies or cents.

• Get yourself a laptop with wireless connectivity capability.

• Get yourself a decent broadband internet connection and if you can afford it a spare laptop or stand alone PC with an internet connection then get one as backup.

• Get yourself some means of hard drive back up, and do it regularly.

• DON'T open a live account on any account!!!! At least not until you have some proven and demonstrable competency trading in a Demo account. So DO open a Demo Account. Most Forex brokers offer a downloadable Demo platform. Make a note of your username and password.

• Buy some Forex books - for some suggestions and reviews go to my website at the link below.

• Research some good Forex websites, as lots have loads of free educational material:

• DO get yourself a Forex mentor but be choosy as you need to be able to click with them and they must have a good track record - however, this will be money well spent. They should teach, coach and support your learning and provide brutally honest but constructive feedback on your progress. They should provide you with a range of trading strategies. This will provide you with a faster track into Forex trading. For some ideas on Mentors go to my website link below

• WARNING: Forex can be addictive so try your utmost not to let it take you over completely and ruin your personal life, so beware and be forewarned. So pace yourself. If you don't trade today, no sweat as the markets will still be there tomorrow and the next day ....

That should at least get you started and there are lots more great tips and FREE resources available to help you at www.Forex-Crazy.com

I wish you all the best on your Forex journey. Let me know how you get on at my website Forum

To get your comprehensive FREE guide on 'How To Trade Forex Without Losing Your Shirt!' just go to www.Forex-Crazy.com where you'll find a plethora of FREE resources to help new and struggling Forex traders to get on the right Forex learning path, without losing their hard earned cash.

I hope that helps.

Martin S

www.Forex-Crazy.com

P.S. If your interested in finding a new trading strategy and making it your own then have a look at HERE or HERE.

Making Forex Trading Strategies Work

2009-10-19T03:33:00.000-07:00

Often people will purchase or adopt a trading strategy but for some reason or another, traders don't click with it, despite following it to the letter.

I have found that by taking that strategy and tweaking it slightly or overlaying something on top or having another pre-requisite in place before before pulling the trigger, or by just back testing the hell out of that strategy, something then clicks and people tend to have more success with it, than they would have done beforehand.

So why is that the case?

Well I'm a firm believer in making any trading strategy your own. By knowing it inside out through back testing, forward testing in a Demo account, in all market conditions and times of the trading day and in differing time scales one can see which setups and conditions work best for you. So you are personalising that strategy through complete familiarisation and adding anything extra you find to improve its probability of success.

By making a trading strategy your own through the above process, you have far more chance of being a successful Forex Trader.

Hope that helps.

Martin S

www.Forex-Crazy.com

P.S. If your interested in finding a new trading strategy and making it your own then have a look at HERE or HERE.

Forex-Crazy - The free site for Forex newbies to stop them losing money and their shirt! We try to help them learn how to become consistent and profitable traders.

Forex Currency Correlations

2009-10-16T12:15:00.000-07:00

Most Forex Traders with a modicum of experience will have come across and may know the ins and outs of Currency Correlations. They will know that some currency pairs are negatively correlated whilst others are positively correlated, and others are uncorrelated with each other. On top of that some currency pairs are correlated with commodities such as Gold and indices such as the S&P 500. In doing so the Forex Trader will be able to make certain judgements and minimise their risk when taking particular currency pair trades, but that is probably as far as their knowledge goes.

Currency correlation (positive and negative) also offers some Low Risk, High Probability trading opportunities provided you know what you are doing.

If you would like to know more about Forex Currency Correlation Trading Secrets and get a free Forex Trading Strategy, then go here and download a Free PDF on the topic, plus you will also receive more free content on the subject over the next few weeks ( starting 15 Oct 09): Don't say I never told you!

If the above link doesn't work then just go to www.Forex-Crazy.com and select the Currency Correlation Secret Menu page. You do need to act on this one as it's a time restricted opportunity for the Free Stuff.

Hope that helps in some small way.

Martin S

www.Forex-Crazy.com

The free site for Forex newbies to stop them losing money and their shirt! We try to help them learn how to become consistent and profitable traders.

Trading Forex - The Magic Button?

2009-10-16T11:48:00.000-07:00

A lot of Forex traders never really stop looking for the holy grail or magic button that is going to make them a fortune overnight. Well, I'm sorry to be the bearer of bad news, neither exists!

That's not say that there aren't better strategies than others, because there are. However, mostly the fault of not being a consistently profitable trader lies within the trader themselves and not their system or strategy.

To be a successful Forex Trader it is prudent to have a strategy that identifies high probability, low risk opportunities, that if taken and THEN managed properly leads to a successful money making opportunity.

So prior planning prevents poor performance (The 5 Ps).

Plan the trade and trade the plan and within that one needs to incorportae the 3 Ms, Money, Method and Mind.

Money: Good Money & Risk Management;
Method: A proven (back tested strategy that consistently wins that is implemented based upon your trade plan and good money and risk management;
If you do these first then the Mind aspect tends to look after itself if you can Plan the Trade and be disciplined to Trade the Plan.

On top of that I always say that to be successful you also need to have:

the Patience of a Saint (to wait for those low risk high probability setups);

the Discipline of a Soldier (to plan the trade in its entirety (entry, stop, exits, position size, risk:reward, when is the trade no longer valid etc);

and lastly sometimes due to circumstances outside your control (the market!) you may occasionally need Nerves of Steel, but even then you will have identified and set your risk before entering, so maybe no big deal.

If you'd like to know more on these topics and more besides why not go to www.Forex-Crazy.com where you can download my FREE e-book on "How To Learn To Trade Forex Without Losing Your Shirt!" Plus there are stacks of other bits and bobs on the website to help new and struggling traders. Do let me know how you get on.

www.Forex-Crazy.com
The free site for Forex newbies to stop them losing money and their shirt! We try to help them learn how to become consistent and profitable traders.

Overdelivered & Undervalued

2009-10-06T13:14:00.000-07:00

Firstly - STOP!!!!!!!!! If you are new to Forex (a Forex Newbie or a struggling Forex trader) then stop and do yourself a big favour and get some expert guidance before paying for anything Forex related whatsoever. Go to www.Forex-Crazy.com and download your FREE e-book which reflects over 2 years of Forex experience captured with links to tons of Free material and webinars on how to trade Forex without losing your shirt. Please Please do that, you won't regret it. Plus there is stacks of other stuff to help someone start trading Forex for FREE.

Secondly if you are familiar with Forex then here's a view on 2 products pushed across my desk.

I'm often highly unimpressed by the shanigans of Online Forex Products, Robots and Hype; however in these two instances they over deliver and are undervalued:

You be the judge:

First a Forex Trading Strategy that does what it says on the tin & more plus support at a bargain price - read a review before buying at www.Forex-Crazy.com

Secondly, I am not a fan of Forex Robots but in this case I have made an exception.

Kerching!

www.Forex-Crazy.com

The free site for Forex newbies to stop them losing money and their shirt! We try to help them learn how to become consistent and profitable traders.