Forex Nitty Gritty - Finally, a Forex Trading Course For Beginners!
Author: Anna GrimsbyForex trading in the trading and investing world has become what Texas Holdem is to the poker world. It has exploded, with over $3.5 trillion being traded every day. Forex is a zero sum market. That means there are winners, and an equal number of losers. Generally, retail Forex traders like you and I are on the losing side. But educated investors CAN and ARE on the winning side.
The truth is, 95% of retail traders lose money in the Forex market. They get frustrated, try system after system, and still lose money. The market is full of gimmicks and "unbeatable" robots that will trade for you making you thousands overnight while you sleep. To be successful in Forex Trading, we have to become independent traders. We can't depend on some forex robot to trade our money for us in the hopes that we make thousands of dollars. We can't depend on other people to trade our money for us, like managed broker accounts. They get paid on the number of trades they make, not whether we are profitable or not. Bottom line is that nobody cares about our forex trading success and our financial well being as much as we do ourselves. Become an educated investor and trader, and you will be more successful.
THE TRUTH ABOUT FOREX
People are flocking to Forex trading with the dream of the old California gold rush. Billions of dollars can be made, all you need to do is get your hands on some of it, right? But if it is so easy, and you can plug in a robot, or give somebody your money to trade for you, how come you are the only one to keep losing your money? You're not. Forex trading has become an industry for predators in search of prey. They sell you on gimmicks and get rich quick schemes. It all sounds great, especially for the low price of $97 - $247 on average. And you don't even have to work at it, or educate yourself, or spend any time at all on trading forex! Woooo hoooo!
One of the latest crazes to hit the Forex Market lately are these so called Forex Robots, or Automated Trading Systems. In a nutshell, you buy this program, install it, turn it on, and it makes you money without you having to know anything about forex trading at all. You can "double your account in 30 days" even while you sleep. No education. No work. You don't even need to know what Forex IS, much less how to trade it. Just buy this or that robot that will trade for you and make you thousands of dollars every month. A dream come true.
Well, robots don't work. If they did, those top banks and financial institutions certainly would be using them and not have fallen to financial woes. Beyond that, just so we can say this with authority, we have tested one of the biggest money making robots on the market today, FAP Turbo. It makes a LOT of money... for the guys selling it, not for the people buying it. Sure, some people make money with it. A blind horse is bound to find water ONCE in a WHILE, right?
However, if you want to do a little work, and educate yourself a little bit, and learn the proper way to trade Forex, then there is a new course on the market just for you. Forex Nitty Gritty is just that course.
30+ Year Trading Expert and Mentor Bill Poulos Creates Forex Nitty Gritty
Bill Poulos is a veteran trader with over 30 years of practical experience. He has helped and mentored thousands of investors make even more money in the market by teaching solid methods based on sound fundamental trading principles and methods.
All of his courses cost several hundred to several thousands of dollars, and WELL WORTH every penny. I myself have used his Forex Profit Accelerator course and obtained returns of 58% per month on average for the past 7 months. Yes, I can show you the actual broker trade data and prove it.
But he wants to help the beginning traders now. And he is mentoring Forex Nitty Gritty for only $97 at the time of this writing. In a personal phone discussion with him, he did tell me that one of the reasons was so that he can help teach people that are new to forex, or that haven't succeeded in forex, because he wanted to later sell them the more expensive advanced courses. (Hows that for honesty?). But I'll be honest here, his main goal is to keep people from making the basic mistakes that wipe out their trading account. Bill Poulos is passionate about helping people to learn and understand the Forex market, and to be able to trade it successfully. Yes, he likes the money his students give him. But he really doesn't need it. He has made a great deal of money trading, and mentoring people, and really has no need for more. He could retire this minute, very well off and never look back. But he WANTS to help people learn to trade successfully. So why does he charge so much for his courses? Because it gives the people learning them value and desire to learn. If he mentored people for free, those people just wouldn't care to learn as much. It's a fact. Scientifically proven. Not to mention that his time IS valuable, and he deserves a little something for giving 30+ years of knowledge to his students.
But Forex Nitty Gritty is different. It is an entry level course for new forex traders, or people that have been in the forex market and not been successful. People that have gotten ripped off by the gimmicks and robots and the unscrupulous "trainers" that really have no business taking peoples money. Bill knows exactly what causes failure in the markets, and he is teaching people that, and much more.
HOW TO SUCCEED IN FOREX TRADING WITH FOREX NITTY GRITTY AND BILL POULOS
There are many things you must do, and many more you must avoid, in order to succeed in Forex trading. Bill Poulos teaches you them in Forex Nitty Gritty.
One of them is that you must focus on high probability, low-risk trades. Nothing more. This means you only take the trades that have the highest probability of being profitable, and the lowest risk of losing your trading account value. Generally this will cause you to have fewer trades, but they will be quality trades and generally more profitable. You will stop trading the less desirable trades that have a higher degree of moving against you. And that means you will win trades with higher profits than the losses you sustain. And yes, you will have losses. But the wins more than make up for that, making you profitable.
With Forex Nitty Gritty, you will only have to spend about 20 minutes a day trading. You will identify any new trades, and manage current trades. You will set entry prices, stop losses, and take profit orders. You will practise good money management rules that will increase your potential profit and lower your overall risk. And yes, it will only take you about 20 minutes a night.
Forex Nitty Gritty also includes optional daily videos that show various trade setups, to help you learn the market the right way. And videos teaching you the basics of forex, and forex trading. The Forex Nitty Gritty Insiders website has a lot of core information and training to help the new traders, or those of us that want to learn how to be more profitable.
Like I said, we tested FAP Turbo, and several other robots as well. And what we found out through our testing is that it doesn't work. Go ahead and review our testing of Fap Turbo, but don't buy it or any other robot unless you want to risk losing your account balance. Forex Nitty Gritty is not some lame automated trading system. It is a solid course with a great trading method that will help you learn Forex trading and be potentially profitable.
FOREX NITTY GRITTY SUMMARY
If you are new to trading in the Forex Market, or you've had problems being profitable, or you've ever had your account wiped out by those "Holy Grail" forex robots and automated trading systems, then Forex Nitty Gritty is for YOU. Learn Forex Nitty Gritty and you too can potentially generate consistent profits while learning how to be among the 5% of retail forex traders that are successful.
Article Source: http://www.articlesbase.com/currency-trading-articles/forex-nitty-gritty-finally-a-forex-trading-course-for-beginners-1114655.html
About the Author:For a proven method to help you make money from home visit: Profit Miracle
![]() |
Golden Apple Posted by: t3live
Video duration: 455 seconds July 28 (Bloomberg) -- Independent trader Andrew Keene and Scott Redler, chief strategist at T3 Capital Management, talk about the outlook for stocks, gold and shares of Apple Inc. Keene and Redler speak with Matt Miller, Carol Masser, Adam Johnson and Dominic Chu on Bloomberg Television's "Street Smart." |
![]() |
Market Timers: Ask The Pro Part 2 Posted by: t3live
Video duration: 555 seconds This is the last video clip from Market Timers. Mark Melnick continues to answer questions brought on by the T3 audience. We hope that you enjoyed the show and will check out the next show in the near future. Be sure to check out http://www.t3live.co m for more from these traders and other videos and content like this. |
![]() |
Market Timers: Trades to Build On Part 2 Posted by: t3live
Video duration: 415 seconds This is the concluding video to the trades to build on segment of market timers in which Mark Melnick discusses his reverse tiering strategy. Stay tuned for more. Visit http://www.t3live.co m for more from Mark |
![]() |
Market Timers: Ask The Pro Part 1 Posted by: t3live
Video duration: 486 seconds In this final segment of Market Timers, T3 Trader Mark Melnick answers some questions from the T3live virtual chat and others which were emailed in by various users. For more from Mark visit http://www.t3live.co m |
![]() |
Market Timers: Trades to Build On Part 1 Posted by: t3live
Video duration: 337 seconds In this segment Mark Melnick discusses how he utilizes a reverse tiering strategy to sustain profits. Mark offers an in depth analysis of how this strategy works and how it may unfold. Be sure to stay tuined for the second part of this segment and to check out the rest of Market Timers. Also visit http://www.t3live.co m for more information |
![]() |
Market Timers: Market Odds Part 2 Posted by: t3live
Video duration: 391 seconds And they are back again dishing out some arguments on why they believe a variety of events are bound to/not to happen in the near future. Stay tuned for the next two segments and for more info be sure to check out http://www.t3live.co m |
![]() |
Market Timers: Market Odds Part 1 Posted by: t3live
Video duration: 386 seconds In this two part segment Mark and Scott battle it out and offer their odds of a variety of events ocurring such as goldman sachs reaching its highs before years end, and if there will be another flash crash like the one we faced in early May. Stay tuned for part two of this segment! Also for more information on T3live check out http://www.t3live.co m |
![]() |
Market Timers: The Rundown Part 2 Posted by: t3live
Video duration: 531 seconds And they are back finishing off the rundown. Be sure to stick by and check out the other segments as there is still some valuable thoughts that our viewers can pick up. For more from these two traders check out http://www.t3live.co m |
![]() |
T3 Live Presents Market Timers: The Rundown Part 1 Posted by: t3live
Video duration: 487 seconds Join us in this four part segment in which T3 Traders Scott Redler and Mark Melnick delve into a variety of topics pertaining to the markets. Learn how these two traders view the markets and their opinions on various current events may impact potential trades. For more visit us at http://www.t3live.co m |
![]() |
Discussion with Scalping for a Living Trader Mark Melnick Posted by: t3live
Video duration: 74 seconds For more information visit http://www.t3live.co m. |
![]() |
A Trip To The Casino Posted by: t3live
Video duration: 242 seconds U.S. casino stocks have been under pressure as gamblers re-direct their attention to the World Cup, says Scott Redler, chief strategic officer, T3live.com. He speaks to CNBC's Karen Tso and Martin Soong about how to play casino stocks as a result of this. You can take a look at more of Scott's analysis by visiting http://www.t3live.co m |
![]() |
Remain Neutral, Buy On Dips Posted by: t3live
Video duration: 203 seconds Scott Redler, chief strategic officer at T3live.com explains why he is holding a neutral position despite the 3-day rally in US stocks. He shares his strategy for trading the U.S. markets with CNBC's Martin Soong and Karen Tso. For more video and analysis from Scott visit http://www.t3live.co m |
![]() |
The Red Dog Reversal Posted by: t3live
Video duration: 117 seconds Scott Redler, of T3Live, tells CNBC why he's no longer a bear. Scott Redler tells us that while fear is still prevalent in the market, there seems to be a new trend to the upside developing as traders have shifted towards more of a bullish approach. |
![]() |
Where Will The Market Head Next? Posted by: t3live
Video duration: 189 seconds With the recent breaching of the neckline of the apparent head and shoulders pattern on the S&P 500, it appears that the market is in store for a dip in the near future. Scott Redler of t3live offers his opinion on where the market will ultimately land and how the jobs report due to be released tomorrow 7/2/10 can impact the market. For more from Scott visit http://www.t3live.co m |
![]() |
Philly Trades Plays Of The Day Posted by: t3live
Video duration: 104 seconds Steve Levay offers his analysis of two potential trades for 6/30/10. He is looking at TSLA and LTBR and feels that there is money to be made if you are willing to take a chance. For more trades from Steve visit http://www.t3live.co m |
![]() |
S&P Head And Shoulders Posted by: t3live
Video duration: 336 seconds Scott Redler dicusses his belief that the S&P head and shoulders pattern is finally coming into fruition. Scott sees a potential drop in the market as it appears that the measured move may cause the market to dip below the 1000 mark to new lows of 940 or 950. For more from Scott check out http://www.t3live.co m |
![]() |
Third Quarter Gold Trade 2010 Posted by: t3live
Video duration: 190 seconds NEW YORK (TheStreet) -- Scott Redler, chief strategic officer for T3Live.com, reveals how he's buying gold for the third quarter and the one risk that could stomp on gold's bull run. For more from Scott visit http://t3live.com |
![]() |
Master the Trade Weekly Review Posted by: t3live
Video duration: 343 seconds For information http://www.t3live.co m, This past week the market was tricky with very light volume and liquidity. There is still another week or two until earnings, but hopefully when that time comes there will be some good trading action. On this Master the Trade we are reviewing the weekâ??s trades in AIG, V, OIH, and WFC. |
![]() |
Uncertainty in the Market Posted by: t3live
Video duration: 304 seconds For information http://www.t3live.co m, Today there is not a play of the day because we do not have an idea worth talking about. That being said, quick scalps will still be prevalent throughout the day. There is indecision and illiquidity in between key levels creating very tough environments, and it is persevering through times like this that makes successful traders. |
![]() |
Bottom of the Wells Posted by: t3live
Video duration: 116 seconds For information http://www.t3live.co m, Today we are looking at WFC short. There has been a moving average crossover and a two week snapback into the 21-day MA which looks to be forming a corrective bear flag. Look for continuation to the downside with a first target of 26.50 and a second target of 25.50. Stops should be placed at 28.00. |
![]() |
Burn the Midnight Oil Posted by: t3live
Video duration: 322 seconds For information http://www.t3live.co m, This morning we are looking to short the OIH. It had been hugging the channel in an ascending trendline and is now hovering below. Our short term target is the 100-101 range with a stop loss at 105.25. |


























