Forex Nitty Gritty - Finally, a Forex Trading Course For Beginners!

Forex Nitty Gritty - Finally, a Forex Trading Course For Beginners!

Author: Anna Grimsby

Forex 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


Video scenes shots:

  

Watch the video:


URL:
Embed:





Other videos by this author:

20090203YouTubeRollovertoFTVYouTube 20090203YouTubeRollovertoFTVYouTube
Posted by: elprimermatador

Video duration: 148 seconds




01/30/2009 FTV Noon Report by Matador 01/30/2009 FTV Noon Report by Matador
Posted by: elprimermatador

Video duration: 285 seconds

Happy Friday everyone,
Here is the latest installment of the FTV Noon Report. There are some really cool things happening right now. Check it out!
Have a great weekend everyone,
Matador : )


01/29/2009 FTV Noon Report 01/29/2009 FTV Noon Report
Posted by: elprimermatador

Video duration: 233 seconds

Hi all,
Matador here again with a quick intraday market summary.
Technicals are looking good again even as the markets fall under pressure.
Enjoy,
Matador : )


01/27/2009 FTV Noon Report on SPY, CAT, and AAPL 01/27/2009 FTV Noon Report on SPY, CAT, and AAPL
Posted by: elprimermatador

Video duration: 396 seconds

Hi all,
Here is a quick but good look at the intraday technical analysis of the SPY, CAT, and AAPL stocks. There is some good action today in a seemingly news driven market.
Hope you are all having a good day in the markets,
Matador : )


01/20/2009 Market Overview 01/20/2009 Market Overview
Posted by: elprimermatador

Video duration: 266 seconds

Now you all know why I called myself the bull killer (matador ).
Yikes...
Hope your day was ok today...and hang in there,
Matador


01/15/2009 FTV Noon Report 01/15/2009 FTV Noon Report
Posted by: elprimermatador

Video duration: 239 seconds

Hi All,
Here is the FTV Noon stock market report. Let me know if you would like me to add anything to these and I will do it : )
Thanks for all the feedback recently...it is wonderful and helpful,
Matador : )


01/14/2009 FTV Member Trade Analysis 01/14/2009 FTV Member Trade Analysis
Posted by: elprimermatador

Video duration: 585 seconds

Hi all,
Continuing on with another trade analysis from one of our members named Salsaprince.
Have a great rest of the night and I'll see you tomorrow at noon : )
Matador


12/03/2008 One Explination of TRIN 12/03/2008 One Explination of TRIN
Posted by: elprimermatador

Video duration: 381 seconds

Here is a better description of the TRIN for anyone interested. It is such a great market internal to know and use. I love it!!!
Hope you are all having a great week,
Matador from www.FreeTradingVideo s.com


12/02/2008 Broad Market Analysis and TRIN 12/02/2008 Broad Market Analysis and TRIN
Posted by: elprimermatador

Video duration: 277 seconds

Check out the intraday action between the broad markets and the TRIN reading. Great divergence!!!
Enjoy,
Matador : )


11/14/2008 Real Time Market Action SUN and GS 11/14/2008 Real Time Market Action SUN and GS
Posted by: elprimermatador

Video duration: 359 seconds

Another intraday video about some nice price action. Relative strength and weakness as well as more market internal information is provided.
Matador : )


11/13/2008 After Hours Wrap Up 11/13/2008 After Hours Wrap Up
Posted by: elprimermatador

Video duration: 244 seconds

This is a follow-up video on the intraday market action we saw in the previous video. Always nice when things actually work out and you actually get follow through : )


11/13/2008 Real Time Market Action SPY and TRIN 11/13/2008 Real Time Market Action SPY and TRIN
Posted by: elprimermatador

Video duration: 275 seconds

This is a real time video of some great signals the market internals are giving us as of 1:00 pm EST.
These are of course short term observations so be careful how you act upon them. Should be a good learning piece : )


POT Trade Management POT Trade Management
Posted by: elprimermatador

Video duration: 143 seconds

This is a description of the trade management I am doing for my POT trade. This is just one of many ways to manage a trade but due to the market environment, I am being more aggressive with my profit taking.


PCLN False Setup 30 Minute Gap Strategy PCLN False Setup 30 Minute Gap Strategy
Posted by: elprimermatador

Video duration: 225 seconds

This is a technical chart description of a false set-up for a 30 minute gap strategy.


FSLR Day and Swing Trade Using 30 Minute Gap Strategy FSLR Day and Swing Trade Using 30 Minute Gap Strategy
Posted by: elprimermatador

Video duration: 452 seconds

This is a description of an day and swing trade on FSLR using the a 30 minute gap strategy. This includes the entry, exit on half of the position and management techniques on the remaining shares.


Broad Market Technical Analysis Feb. 7, 2008 Broad Market Technical Analysis Feb. 7, 2008
Posted by: elprimermatador

Video duration: 216 seconds

This is a brief description of some technical analysis on the S&P500 ETF. This mainly focuses on the retracements that have occurred in recent weeks.


Pullback Buy Explanation in Chart School Pullback Buy Explanation in Chart School
Posted by: elprimermatador

Video duration: 370 seconds

This is a description of the pullback buy set up as outlined in the Chart School section of www.FreeTradingVideo s.com. Some initial psychology is also presented and discussed.


SPY and CNH Analysis for January 31, 2008 SPY and CNH Analysis for January 31, 2008
Posted by: elprimermatador

Video duration: 363 seconds

This is a description of the SPY as of the morning of January 30th, 2008. The relative weakness stock CNH is also described in comparison to the broad markets.


Relative Strength Stocks on January 30, 2008 Relative Strength Stocks on January 30, 2008
Posted by: elprimermatador

Video duration: 352 seconds

This is a list of stocks that are experiencing technical and fundamental strength as of January 30th, 2008.


Discussion on Various Types of Gaps Discussion on Various Types of Gaps
Posted by: elprimermatador

Video duration: 530 seconds

This is a description of several types of gaps that occur in the market. "Normal","Exhaustion ", "Continuation", and "Catastrophic" gaps are described. Some psychology is explained as well as the visual representation on candlestick charts.


January 24, 2008 Market Synopsis January 24, 2008 Market Synopsis
Posted by: elprimermatador

Video duration: 395 seconds

This is a description of the broad markets as of January 24th, 2008. The TRIN market internal is also looked at in concert with this to help add some depth to the overall analysis.


Friday, January 18th, 2008 Premarket Synopsis Friday, January 18th, 2008 Premarket Synopsis
Posted by: elprimermatador

Video duration: 227 seconds

This is a synopsis for the premarket activity on Friday, January 18th, 2008. The broad markets, the VIX, and TRIN are compared to see some divergences. This is helpful for Swing Traders and Day Traders alike.


Broad Market Recap January 17, 2008 Broad Market Recap January 17, 2008
Posted by: elprimermatador

Video duration: 426 seconds

This is a technical analysis description of the broad market action for Thursday, January 17th, 2008 using candlestick charts.


First Step in Nightly Routine First Step in Nightly Routine
Posted by: elprimermatador

Video duration: 260 seconds

This is a description of the first step in my nightly routine for swing trading or weekly routine for position trading.


Broad Market Breakdown January 10, 2008 Broad Market Breakdown January 10, 2008
Posted by: elprimermatador

Video duration: 442 seconds

This is a breakdown of the broad market as of January 10th, 2008.