Home

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

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

For a proven method to help you make money from home visit: Profit Miracle

Fibonacci - Technical Analysis - Currency Forex - Fx Trading - Daytrading - Retracement - Signal Trading - Forex Training - Demo Trading - Forex Trading Platform

Other videos by this author:

	Global Market Analysis 15 May 2012 by Michael Hewson CMC Markets Posted by: CMCMarketsPLC Video duration: 430 seconds Michael looks at this week's events including the key events in Europe as Germany returns to growth, the Bank of England inflation report, FOMC minutes.

Gold and Oil Analysis 10 May 2012 by Brenda Kelly CMC Markets Posted by: CMCMarketsPLC Video duration: 425 seconds Oil and Gold have become very closely correlated over the past number of weeks. This correlation diverged somewhat in the summer of 2009. With both instruments seemingly making similar moves and sliding back from their highs as capital flows into the safe haven of the dollar - Brenda examines wether this correlation is set to continue or if we"ll see a separation in the near term.

Global market events 8th of May 2012 by Michael Hewson CMC Markets Posted by: CMCMarketsPLC Video duration: 457 seconds Michael looks at the weekend events in Greece , France and the rest of Europe, while also looking ahead to this week's Bank of England rate meeting. He also looks ahead to this week's US weekly jobless claims in light of last week's disappointing payroll numbers. He also looks at a EURUSD chart.

	Copper Analysis 3 May 2012 with Brenda Kelly from CMC Markets Posted by: CMCMarketsPLC Video duration: 254 seconds Copper prices face significant headwinds presently with global growth declining and ultimately capping demand for basic resources. Dollar strength and low volumes could see the price trade in a range for now, but a break out could occur.

	Weekly market Update 1 May 2012 Michael Hewson CMC Markets Posted by: CMCMarketsPLC Video duration: 477 seconds Michael looks at the key events this week including the situation in Europe, the political and economic backdrop, while also looking at this week's UK and US data, including ADP and Friday's US employment report. He also looks at a cable chart outlining the key levels.

Key Events for this week ( 24. April 2012) by Michael Hewson Posted by: CMCMarketsPLC Video duration: 342 seconds Michael talks about the situation in Europe as well as looking ahead to this week's UK Q1 GDP and what to expect in light of recent data including last week's retail sales. He also looks at this week's FOMC meeting and whether any other members join Lacker in his hawkish outlook. Also look ahead to weekly jobless and US Q1 GDP.

	Key events for this week (US & European data) Posted by: CMCMarketsPLC Video duration: 282 seconds Michael looks at this weeks US jobs data and FOMC minutes, as well as the key factors for Europe & UK.

	CFD revolutionised Posted by: CMCMarketsPLC Video duration: 210 seconds There are many inherent benefits to CFD trading for the private trader, but never before has there been this much flexibility, control and opportunity available.

Weekly Market Update 27 March 2012 by Michael Hewson, CMC Markets Posted by: CMCMarketsPLC Video duration: 1020 seconds Michael looks back at the last week's equity market declines, this week's comments by Bernanke that has driven equities higher and the US dollar lower. He also talks about last weekend's Spanish election, rising bond yields, the bailout fund and this week's key economic events. On the charts he looks at EURUSD, US 10 year yields and Copper

	Weekly Market Update 20 March 2012 Michael Hewson CMC Markets Posted by: CMCMarketsPLC Video duration: 1170 seconds Michael looks at last weeks events such as the UK employment and US weekly jobless claims. He also looks at the European Markets and the Greek dept sustainability, The UK budget and Chinas growth concerns. He looks at the key chartpoints of Apple, ARM Holdings, and the TRY/JPY

	Market Update Special edition Michael Hewson & Megan Greene 14th of March 2012 CMC Markets Posted by: CMCMarketsPLC Video duration: 1165 seconds Michael follows of his interview with Megan Greene from Roubini Global Economics at the end of last year. They will be looking at the recent developments in Europe, particularly at the situation in Greece , the LTRO's Spain and the fiscal compact.

	weekly Market Update 13th March 2012 by Michael Hewson CMC Markets Posted by: CMCMarketsPLC Video duration: 1283 seconds MIchael looks back at last weeks PSI , ISDA ruling and US employment report. He looks at the economic data out of the US, Europe and the UK. He also looks at the key chart points of the USDJPY, Brent, EXXONMobil

	5 Minute FX (WTI / Brent) with Brenda Kelly 8th of March Posted by: CMCMarketsPLC Video duration: 303 seconds Brenda Kelly is looking at the key chart points of Crude Oil West Texas and Crude Oil Brent.

	Weekly Market Update 6 March 2012 by Michael Hewson Posted by: CMCMarketsPLC Video duration: 1297 seconds Michael looks at this week's key events including the Greek debt swap, key central bank meetings and this week's US non-farm payrolls. He also looks at USDJPY, Gold and ARM Holdings

	Weekly Market Update 28 February 2012 Michael Hewson CMC Markets Posted by: CMCMarketsPLC Video duration: 1275 seconds MIchael talks about this weeks events including LTRO, EU Summit, Bernanke testimony. He also looks at the key chart points of UK100, Brent Crude, Gasoline

	Weekly Market update 21. february 2012 by Michael Hewson CMC Markets Posted by: CMCMarketsPLC Video duration: 1207 seconds Michael looks back at last weeks events in Europe, the latest in the Greece saga, and also looks ahead to this weeks economic events, including UK public finances and MPC minutes

	5 Minute FX ( Brent/ WTI) Brenda Kelly CMC Markets Posted by: CMCMarketsPLC Video duration: 348 seconds

	Weekly Market Update 14 February 2012 Michael Hewson CMC Markets Posted by: CMCMarketsPLC Video duration: 1299 seconds MIchael looks back at last week and ahead to this weeks Eurogroup meeting, Greece debt saga, UK inflation data and expectations, as well as the other major economic events this week in the UK, Europe and the US.

	9 February ( Copper/ Crude Oil ) 5 Minute Forex Analysis Posted by: CMCMarketsPLC Video duration: 353 seconds

	CMC Web Platform - My Account CFD Posted by: CMCMarketsPLC Video duration: 152 seconds Your Account window shows detailed information about all your trades, including open positions, real-time profit or loss, and a detailed history of all transactions.

	CMC Web Platform - Productlibrary Posted by: CMCMarketsPLC Video duration: 181 seconds Discover our unique trading tool that allows you to create your own portfolio across multiple asset types.

	CMC Web Platform - Portfolio Mixer Posted by: CMCMarketsPLC Video duration: 127 seconds Discover our unique trading tool that allows you to create your own portfolio across multiple asset types.

	Weekly Market Update 7 February 2012 by Michael Hewson CMC Markets Posted by: CMCMarketsPLC Video duration: 1359 seconds Michael talks about last weeks US employment report and looks ahead to this weeks ECB and Bank of England rate decisions. He also looks at AUD/USD , Gold, UK100

	3 February ( EUR/USD) 5 Minute Forex Analysis with Brenda Kelly Posted by: CMCMarketsPLC Video duration: 275 seconds EURUSD is trading in a range and could be set for a break-out. The bullish equity markets could favour upside for the single currency