Dynamic Fibonacci Grid Forex Trading System

Power of 20 Pips a Day: Importance of Discipline

“Make your Twenty, Bank your Money!”
Chapter 3

The Power of 20 Pips a Day, Chapter 3: The Importance of Discipline
Sam discusses the “nature” of Discipline in forex trading, and how true discipline is acquired through practice and having a live coach to keep the novice trader accountable. Also talks about mindset awareness while experiencing the emotions that cause discomfort while in a live trade. This is an excerpt from a live online forex trading training session.

If you would like to sign up for a 14 day Trial Membership to our live online forex training course and 24 hour online trading room just sign the form on the right of this page..

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Power of 20 Pips a Day: First Rule: SURVIVE!

“Make your Twenty, Bank your Money!”
Chapter 2

Power of 20 Pips a Day, Chapter 2: First Rule – SURVIVE!
Fibonacci Grid Forex Trader and Mentor Sam Shakespeare talks about developing the skill of survival during a live forex training session. So, how does a forex trader survive? The answer is common sense… This is a small excerpt from a content filled hour and a half Live online training webinar. Online Forex trading course topic: Risk/Money Management

If you would like to sign up for a 14 day Trial Membership to our live online forex training course and 24 hour online trading room just sign the form on the right of this page..

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Power of 20 Pips a Day: Money Management is the Key!

“Make your Twenty, Bank your Money!”
Chapter 1

The Power of 20 Pips a Day, Chapter 1: Money Management is the Key!
In this excerpt from the live online forex trading training session given by Tiger Time Lanes Moderator Sam Shakespeare, the critical importance of Risk and Money Management is introduced. It is shown that poor money management skills is the leading cause of forex traders blown trading accounts.

If you would like to sign up for a 14 day Trial Membership to our live online forex training course and 24 hour online trading room just sign the form on the right of this page..

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Watch Franjo Make +85 pips in 27 minutes:

Franjo is one of our Professional Forex Traders who makes live trade calls everyday on our 24 hour online live forex trading room.  Here he methodically bags 85 pips in a short session.

We run a professional forex trade room with four live moderated ‘mic’ sessions, covering 7-10 hrs each day. In each session our moderators make live trade calls on ‘mic’ as well as trade calls via announcements 24hrs a day. Using professional forex trading software, projected for all to see the moderators average +2000 pips a month.

Franjo Caculovic moderates the London session between 8am and 10am (UK time) each morning. A professional trader he runs his own physical trade room in Zagreb.

Just sign the form on the right to join us for a 14 Day Trial Membership..

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Your Success is Our Purpose..

This is a letter I received from one of our recent graduates of the Intensive Training Week.  This is why I love what I do. Having a part in a persons growth and progress is the most rewarding aspect..

Dear Sam,

This past week in the “Intensive Class” was exactly that: Intense. There was so much information to process, and put into practice, that the old analogy of trying to ‘take a sip from a fire hose’ came to mind.  Quite an intimidating prospect…at first glance.  Thank you for helping to ‘break it down’ by bringing the charts and grids into clearer focus and understanding.


Watching your leadership, and teaching skills in action these past few days also helped me understand why Andy would handpick you to fly out to California and run the Malibu Trade Room.  It takes a person of vision to see the potential in people.  Kudos to Andy Shearman for being wise enough to discern those qualities in you.  Hopefully, you saw some of that same potential in those of us who sat before you this past week diligently taking notes and deciphering what was presented.


Another idea that came to mind as I was listening to you speak on a variety of subjects was the expression that:


People do NOT care how much you KNOW…until they KNOW how much you CARE.


It became apparent to me, as I had previously suspected, that you DO have a compassionate heart that CARES about the well-being and success of your students.  Attacking the Forex market to scalp inraday trading Pips, on a consistent basis, is not a tsk for the faint hearted or ignorant.  Some serious hand-holding may be required. And, I could tell that you DO have the temperament and patience to do just that: Freely giving yourself and your expertise.


Please help me follow a disciplined program of learning, steady growth and forward progress.  For my part, let me demonstrate that you can depend on me, and count on my help in return.  The older I have become, the more I have come to appreciate that success never happens alone.  We all need a shoulder to lean on from time to time. Thank you again for everything Sam.


Sincerely,

Donovan R.

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5 Points to a Good Online Forex Trading Course

5 Points to a Good Online Forex Trading Course

Beginners starting out in forex trading will need a good online forex course if they are going to make any money in this lucrative but risky speculation. Of course, experienced traders also need some extra training from time to time.

However, most experienced traders will know what they are looking for. They may have identified a skill set that they are lacking, or a new technique that they would like to know about. Often, a successful trader who picks up an online forex course will skip through it and be happy with learning only one or two new points. Those new techniques will add to their skills and mean that they soon recover their investment in the course and then some.

For a beginner, it can be harder to know what to look for in an online forex course. It is important that the course covers all of the basic skills and information they will need, but often they are not at a point where they know what these are. Therefore in this article we have set out 5 subjects that a beginner level online forex trading course should cover, in order to get you to the point where you can start trading.

1. Fundamentals And Terms

The forex market depends on economic factors like changes in interest rate and the GDP of different nations. These factors are what cause currency prices to change. A good online forex training course will spend at least a little time explaining fundamental analysis. It will also cover the special terms used in trading, such as spread, pips, and leverage. It may provide advice on choosing a broker.

2. Technical Analysis

Most forex traders use charts and mathematical indicators that analyze recent price movements. On the basis of that technical analysis they make decisions about whether to open or close a trade. Brokers provide some technical analysis tools and others are available from chart services. A good online forex course will explain some of the more important indicators, including but not limited to those that are used for the system outlined in the course.

3. Trading System

Most online forex training courses include an explanation of an actual trading system that you can use to make money, or practice with in a demo account. We learn best by doing something for ourselves, so if a course does not include some practical steps that you can follow, it will not be so useful. The system does not have to be the best in the world (in fact, there is no best system). However, it should be something relatively simple that gives you a good chance of success.

4. Risk Management

Forex trading, like other speculative investments, comes with a high risk. Some of your trades will be successful and others will lose. It is the balance of these and the bottom line at the end of the month that counts. It is vital for new traders to understand that losses are part of the game. The secret to making a profit overall is in managing and limiting those losses so that they do not leave us with a negative balance.

5. Mindset And Psychology

The psychological aspects of trading are often ignored by beginners, who are blinkered into concentrating on systems and technical matters. However, without the right attitude, it is difficult if not impossible to make money in the forex market, even with a highly successful system. The reason is that managing the stress and learning to stay calm under pressure are vital skills if we are to avoid costly mistakes. Study this part of your online forex course closely because it could contain the secret that makes you a successful forex trader.

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