Sunday, April 01, 2007

Inside The Forex Traders Mind

What is the most important thing for consistent forex trading success? Many traders might think, it's a sound trading system. Then again, most forex traders have more trading systems than they know what to do with and still end up losing trade after trade.

Some forex traders might think it's sound money management and then there are others who believe it's a set of strict trading rules. Guess what? Every one of them would be right ...and all of them would be wrong.

Think about this. I could hand you the most laser precise profitable forex trading system known to man. Money management so sophisticated that Wall St would be envious, and trading rules tight enough to choke an 800 lb. Gorilla, but all of that would be totally useless if you lack an ability with discipline.

If your emotions are always running out of control, the ballgame is over and you lose. You need to stop getting in your own way and overcome your emotions by learning to FOCUS. The average trader is heading for disaster constantly chasing the Holy Grail of forex trading instead of mastering his own mind.

If you have heard it once, you've heard it one thousand times -- losing trades come with the territory, cut your losses; let your winners run etc. But once a trader runs into a few consecutive losers, it leads to doubting the trading system. Then the trader begins to lose confidence. When doubt and frustration start to kick in, losing traders head into a downward spiral that seems to never end.

The solution is simple. You need to constantly train your mind to trust your trading system if you have put it to the test and it proved profitable. Take the signals when they are given and stop reacting with fear, doubt and confusion.

Are you having a hard time handling losses? Does your trading discipline waiver when markets get volatile? Do you doubt your trading system after a few losing trades? Want to take control of your emotions while you trade, then go here to develop a forex trading mindset.

Friday, October 20, 2006

Best Forex Trading Advice Bar None

The best forex trading advice you’ll ever get if you are serious about trading Forex or considering trading Forex just may be provided in this ideal opportunity for you. This simple-to-follow mechanical trading strategy has been bringing in verifiable profits month after month.

The profit potential has been as good as anything I've seen and I spend an enormous amount of time sifting and combing through copious numbers of systems and techniques.

Forex Day Trader has developed into a special strategy that consistently profits using a mechanically controlled risk approach and even better, offers a complete managed trading program.

How does all this benefit you? Well, the downside of Forex trading is the fact that the markets are open 24 hours. That can be a two edged sword because sometimes it means very late night or early morning trades. Let's face it, no one really wants to monitor a market 24 hours a day, five days per week, especially when there is a better alternative.

In the exclusive auto trade program they have set up computer servers and specially programmed software that will track the strategy and make the trades for you in your account. Completely hands free. All you have to do is decide that you want to have your account auto traded and it will be like hiring a full-time trading assistant to do all the hard work for you!

Sounds kind of interesting doesn't it?

You can take part in this amazing breakthrough opportunity by starting a subscription to the Forex Day Trader. For a very limited time, you'll be able to receive a Free two week trial to learn a very powerful strategy and even to open an auto trade account without any obligation during your trial period. You'll also receive:

*Daily trade set-ups on the major currency pairs: EUR/USD, USD/CHF, GBP/USD, USD/JPY and USD/CAD

*Free Access to Set-ups, Trading Guide, Trading Video and Trading Logs

*100% Mechanical - No Subjectivity Trading Strategy Designed for Forex

*Managed Trading Option Available Trades the Markets for you 24 Hours per Day

There is simply no sane reason not to look into Forex Day Trader. You'll be joining a very small elite group of traders who actually do consistently profit trading forex.

Take a look at the consistent performance, enjoy a fully mechanical approach to trading, and grab your free trial while it's still available.

Friday, August 25, 2006

Surefire Forex Trading Plans: Sneak Peek Video

Imagine yourself in the midst of a trade, everything is going well. Your trade is just moving into the positive and pulls back a little then BOOM - the market absolutely sinks through the floor taking all your hard earned windfall gains with it. What just happened?

Were the Big Dogs gunning for stops? Was there some kind of major economic announcement or did the market hit a major support/resistance area? Well it may have been one or all the above but that really doesn't help you unless you can pinpoint the reason why.

Here's something else to think about. The thing that appears on the chart is actually human behavior. There are real people behind all those trades and people tend to trade in herds. The chart simply tells you where the herd is headed at that specific point in time.

How do you think then thousands of other traders are feeling after something like that happens? Have you ever actually watched your dealing platform as your stop loss gets hit? You watch that bid/offer price blink on and off then all of a sudden your stop loss gets hit and the position vanishes from the screen into thin air.

This particular scenario has the uncanny knack of separating the men from the boys and the women from the girls. At this point the traders with a carefully crafted trading plan that works step up and make a virtual financial killing. They know the secret of what to do next!

Now here’s what you should do next. Take a look at this sneak peek video here:

and then quickly check out Mark McRae's new course on how to use his trading plans and build your own trading plan because it’s about to sell out. Only 164 of them remain at last count.

If you need help with your trading or my scenario sounds all too familiar then by all means grab yourself a copy.

Monday, August 21, 2006

New Forex Trading Course Update

Well there is only 24 hours to go to before the launch of Surefire Trading Plans. The official release time is 3PM EST Tuesday. However, as one of my valued subscribers to the Forex Trading System Review ezine, you’ll get the first alert at 9AM EST. This is the same time Mark will be letting his early bird clients access the special link, so you will have a 6 hour head start.

No one knows that web page but Mark, not even me, it's that secret. Mark has promised to send it to me first thing tomorrow (Tuesday), just before the launch. I will get it to you as soon as it hits my in box, so watch your in box just before 9AM EST for my email. Hurry over to and get signed up as a one of the Forex Trading System Review savvy subscribers!


P.S. I know for a fact that Mark has 2554 traders waiting
for only 1000 available courses. Make sure you are around
just before 9AM EST tomorrow.

Saturday, August 19, 2006

New Forex Trading Course Pre-Launch

I have just received a heads up from Mark McRae about the release of his new forex trading plans. Apparently, he has been struggling to keep up with the questions about the new course.

The main questions seem to be:

Is this different from your other courses?

Yes, it is entirely different. In my previous courses I concentrated heavily on Fibonacci techniques. In the plans that I demonstrate in Surefire Trading Plans I don't use Fibonacci at all.

Why is it called Surefire Trading Plans? Is there more than one?

Yes, there are three plans included in the course. The reason there are three plans is because one size does not fit all. Some traders work full time and can only dedicate so much time to trading, others like to trade very small time frames and yet other will just prefer some plans to others.

The idea is to give you three different techniques. All three can be used at the same time if you really want to have a lot of signals each week or they can be traded individually.

How big is the book?

The book is 130+ pages long. No fluff, just real information. There are also many other components of the course, not just the book. In the book there is no section for beginners e.g. the book is not padded with information you can find easily on the Internet. It is all solid content.

One of the bonuses will be an ebook which will contain all the information for beginners. I did not want to put this in the main book because I know many of my clients and subscribers trade already but I have made allowances for beginners in the bonus section.

Will this work on stocks?

The plans will work in any market and any time frame. A good plan should be able to trade any market.

I have one of your other courses, should I buy this?

Yes and no. If you are happy with your results and doing well, then I would not buy anything else. If it ain't broke, don't fix it. If on the other hand you are not doing as well as you would like then yes, I would definitely buy it or if you just want to have a look at other successful plans then it is well worth the money. As a trader you should be constantly looking for ways to improve your trading.

How much is this going to cost?

I was wondering when this would come up. The answer is I don't know yet. It won't be expensive. When I say it won’t be expensive, I mean it won’t cost anything like the other courses out there.

If you have bought something from me before, you know I always deliver good quality stuff. The one thing I can tell you is that the traders on the early bird notification will get a massive discount.

The number of packages that qualify for the discount will be severely restricted and the early birds will have the first option to buy at that price.

How do I know if this is for me?

The short answer is I don't know whether this course or any other course will be right for you. It depends on a lot of factors. It depends on how experienced you are, it depends on your starting capital and it depends on you as a person. All I can say is that only a handful of traders have seen the plans and every single one of them was blown away. Read this:

Having read your Plan #2, I have been putting it to the test on the simulator during these past two days with incredible results - consistent results. I looked at the daily, hourly, 30-minute, 5-minute, and 1-minute charts. I am so impressed.

I do all my trades off the lower three charts so I am excited to see that there are far more opportunities with this plan at the lower level charts I like being in and out.

Tonight I used real $$$. I have been trying to teach my wife how to trade in case I leave this earth before she does and it's been difficult for her. And yet, she picked up on plan #2 right away. -- Ty

I will keep you posted on the launch of his new course!

Friday, August 04, 2006

Forex Trading Systems: Using Market Orders Right.

Forex trading systems require an understanding of what market orders are and how to use them effectively. The following short tutorial is intended to help you in the proper use of market order implementation.

Market Order: is used to buy or sell a selected currency pair at the current market price. A market order is completed at the price displayed once the forex trader pushes the order button.

Stop Order: a stop order is normally executed in a forex trading system when the market meets or exceeds the stop price. Once originated, the order is held until the stop price is reached. Using stop orders you can close out a position (stop loss), reverse a position, or open a new position. Stop orders can also be used to protect an open position by setting a limit on losses or preserving unrealized gains.

Once the market meets or exceeds the stop price, the order is activated and executed at the next available price. A stop order does not guarantee the stop rate. Market conditions like volatility and low volume at the stop price level may trigger a stop order at a cost less desirable than the stop price.

Read more about forex trading system market orders......

Sunday, July 16, 2006

Forex Trading Systems That Maximize Profit.

Forex trading systems that maximize profit are created from historical testing. Any manual or automated forex trading system should include a large amount of historical data to assist the trader to build a dependable system.

The majority of traders with a documented history of trading live using a particular system develop a risk pattern that consists of volatility, draw downs and position size among other factors. However, any trader experimenting with a new manual or automated forex trading system usually will not have the advantage of live trading know-how.

In the case of...

Read more about forex trading system profits