Forex Nitty Gritty – the 20 Minute Mindset
Forex Nitty Gritty trading plan to be straight forward and easy to understand…
It’s the quickest way I’ve seen to learn the “what works now” basics and core essentials of Forex trading, so that you’ll have a strong foundation to which you can add more trading methods as you progress in your trading career.
You quickly study the “nitty gritty” secrets, concepts, and techniques… and you have them for life.
Now… take all that extra time you would be spending reading and studying the hundreds of Forex books, methods, and systems out there… And put that time into enjoying your new life.
Spend that extra time with your family… your wife… your kids… your grandkids… live life on YOUR TERMS…
Module #1: Overview
The first module gets you grounded in Forex quickly and prepared for the next steps. It covers these topics and more:
What is Forex?
Who trades Forex?
The 24-Hour Forex markets
Forex pairs
Forex trading requirements
Module #2: Forex Mechanics
Module 2 will make you an expert in the step-by-step mechanics of Forex trading, including:
- Major Forex pairs
- Most active hours
- Price quotes
- Leverage & margin
- How to calculate profit & loss
- Order types
- Buying & selling
- Forex Software
- Bar & candlestick charts
- Timeframes
- How to place orders
- How to choose a broker
Module #3: Trading Mechanics
In Module 3, you’ll discover the critical components of technical trading, including:
Investing vs. trading
Fundamental vs. technical analysis
Indicators & technical tools, such as simple moving averages, Stochastics, ADX, ATR, MACD, and Fibonacci
* Common price patterns, including head & shoulders, flags & pennants, triangles, tops & bottoms, 1-2-3 formation, key reversal, and candlesticks
* Black box systems
Module #4: Good Trading
Method Key Components
Module 4 breaks down the actual “key components” that every good trading method must have, including:
- Always know what to do
- Lower risk, higher probability trades
- Setup conditions
- Entry rules
- Initial stop
- Exit strategy
- Risk management
- Discipline & psychology
- Timeframes
Module #5: A Simple Trading Method
As a successful Forex trader, you’ll end up with many different trading methods in your “toolbox”, so here’s one to start you off – a simple trading method that meets all my criteria, including:
- Setup
- Entry
- Initial stop
- Follow up stop
- Exit strategy
- Risk management
Module #6: When Not To Trade
Just as important as knowing when to trade is knowing when NOT to trade. By knowing when the odds are definitely against your success in the Forex markets, you automatically increase your odds.
Module 6 reveals:
* 4 specific “no brainer” times when you should NOT be trading
* How to dramatically increase your odds of success
* Why you should avoid trading when the odds are against you
Module #7: Taking It Further
Module 7 wraps up your beginning journey into Forex trading as you learn:
* The importance of multiple trading methods and why the most successful traders never stop learning
* A review of the keys to a good trading method
* The logical “next steps” to consider in your quest for Forex independence
For most traders out there, we’d venture to say that you’re probably NOT seeing the type and ease or results that you quite frankly, should be. Whether you’ve picked up an expensive and lengthy trading course from one of the other guys or trying to rely on those automated trading assist plug-ins… or even if you’re out there in open waters trying to come up with a strategy of your own – there are a number of reasons why you may not be seeing results with your current trading plan.
