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What is Forex?

Is Your Course set up for a beginner who has no understanding at all?

Do you offer a money back guarantee?

Do you offer support to your studens?

What kind of expenses are involved in getting started trading?

When is the Forex market open for trading?

What is A.C.E. Trading system?

What is technical trading vs. fundamental trading?

Why do you prefer trading news releases?

What is your pressure point system?

What is the Auto Clicker and would work with my platform?

What do you think of the forex brokers?

 
 

 

 

 

 

 

 

 

What is Forex?

The Forex market is a cash inter-bank or inter-dealer market established in 1971. 
The simplest definition of foreign exchange is the changing of one currency to another, and unlike the stock market, one may earn profits whether buying or selling within the exchange.

“Forex” refers to the Foreign Currency Exchange Market itself in which more than 5,000 international banks and thousands of small and large speculators participate.  Every day this worldwide market, which is 30 times bigger than all the stock markets in the world combined, exchanges more than $3.5 trillion in dozens of different currencies.  This means the market is very liquid, and you need liquidity, or movement to make money in any market.

The exclusive Forex market was opened to the average investor in 1998 and today the exchange of currencies has expanded from trading floors to home computers.  With the current growth rate, the market is projected to grow to more than $6.5 trillion per day by the year 2008.

This exciting growing financial market provides the average person an opportunity to generate profits in the largest market in the world.

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Is your course set up for a beginner who has no understanding at all?
 Yes.

I have worked with traders of every skill level and have found that new traders do have a distinct advantage when applying my approach because they have not acquired any bad habits (such as not using stops, picking tops and bottoms, problems "pulling the trigger" etc.) that need to be overcome. They also have not picked up any bad techniques that don't work in the Forex.

Experienced traders need time to get over their losing styles. This requires discipline and consistency in trading the ACE style.  Success is usually achieved when they begin to profit from trading the way I teach them.  Soon after, their bad habits leave.

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 Do you offer a money back guarantee?

Yes.

One of them is a full refund if you are not completely satisfied with the course immediately.  The second guarantee is that you are not left alone after the 2 day advance course.  You will constantly receive signals and guidance.  Furthermore, you may come back and take the 2 day class FREE should you need to brush up. As well, any knowledge I gain throughout my journey in this lucrative market is shared with my students FREE.  Part of my guarantee of ongoing support includes the continuing education. Students are invited to sit in on any class which includes updates.

Most money back guarantees in the industry are written in such a manner as to make it extremely difficult (if not impossible) for the average person to collect a refund if they aren’t satisfied that the education they purchased was indeed effective enough to actually trade currencies successfully. (i.e. You must keep a trading log anywhere from 3-12 months, and you can demonstrate after that period that a certain number of  trades were made.  Only then you may return materials and be eligible for a refund - provided materials are in resalable condition etc. etc).  That, and other similar guarantees, which have complicated criteria make it clear that the vendor has no intention of honoring the guarantee.

I don't insult your intelligence with such tactics.

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Do you offer support to you students?

Yes.

My support is almost daily.  The students receive my daily trade recommendations.

The students can email me anytime.

I answer my phone when they call me.

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What kind of expenses are involved in getting started trading?

None.

You open an account with a broker and deposit your own money.  This is the cash you will trade with.  You download software to access the charts to trade with.  Most brokers offer these real time data charts free.  If you don't own a computer you will need to get one.  You are now ready to begin trading.

You CAN, if you choose, subscribe to a wide variety of services, depending on the “style” of trading you want to follow, but generally speaking, technical trading requires no more than the basic platform and the education I provide.

Trading the “News” however, involves obtaining specific information on a timely basis, and learning how to interpret that information and apply it.  Real-time quotes will run $70-$300 per month depending on data vendor, method of delivery and number of exchanges bought and you will likely require more than one vendor to corroborate your information accurately.

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When is the Forex market open for trading?

The Forex is open for trading 24-hours per day, Sunday evening through Friday afternoon

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What is A.C.E. Trading System?

Determine your entry strategy and learn to get in the market at the most sufficient point - that is you're ”A” (Anticipate).

Confirm your decision by using 5 different methods that will always behave the same at the end of any price movement -  that is your “C” (Confirm).

Learn how and when to enter the market and how to maximize your profit. That is your “E” (Enter).

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 What is technical trading vs. Fundamental trading ?

Technical Analysis is probably the most common means of making trading decisions and analyzing forex and commodities markets.   

Technical analysis differs from fundamental analysis in that technical analysis is applied only to the price action of the market, ignoring fundamental factors.  As fundamental data (economic news releases) can often provide much better opportunity to make logical decisions on price movements it is important to understand them.

Most Forex educational courses feature technical methods, as they are widely known coming from stock market traders.

Fundamental analysis, in short, is referring to the dynamic studies of distinct plans, erratic behaviors and unforeseen events that influence currency prices. As in Forex trading, government policies, bank policies, social stability, overall economic trends are some of the major factors that draw a fundamentalist’s attention. Through studying these fundamental factors within a business cycle terms, fundamentalists can forecast the market condition and thus plot their immediate direction in the market. 

Some of the major Fundamental factors that affect the Forex market are:

The Gross Domestic Product (GDP), Retail Sales, Interest Rates and Unemployment Rate to name just a few.

Although technical trading appeals to the average trader, why not eliminate the risk and trade like the “ big boys” do.  They do not take or accept risks.  They trade on logical numbers when the economic data is out.

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 Why do you prefer trading news releases?

I am in this market to make money, as this is my primary source of income.  Unlike other forex teachers who failed to make money trading and turned to teaching their losing methods to the public and charge thousands, I do make money, and trading the news offers the largest profits.

I was, and still am a technical trader, and I was successful trading a couple of unique methods that most traders don’t know.  I shared my unique signals with all of my students (free) but there always was a chance for losses.

In trading the news releases you should not accept losses, as the method is logical and you are looking at numbers that will affect currency prices at the time of the release.

 
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What is your pressure point system?

It is an advanced institutional platform provided by a broker which shows buying and selling pressure at certain times - specifically before news releases.

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What is the Auto Clicker and would work with my platform?

It is software that we are developing to help you execute trades without human reaction delays when getting Buy or Sell signals.

The auto clicker will work with any platform that has one step execution.

What are the best times to join your live trading conference room?

I am available between 2:00 to 5:00 am EST to trade the London Session, and 8:00 to 10:30 am EST

to trade the NY session.

We also trade the important announcements that fall outside of that time, so you pick your schedule.

I usually send an email with the weekly trades ahead of time.

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What do you think of the forex brokers?

Not much really, I guess they are more concerned about their own pockets but if they don’t honor your Stop losses or limits and you can prove that, then ask them to rectify the issue or else you are calling the SEC (securities and exchange commission).

 

 

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