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:

	Sckitzophrenic Forex and Futures Traders Posted by: TheTradingAuthority Video duration: 563 seconds You have a natural trading personality...trend, counter trend, and pattern recognition being the top three. If you're not trading from your natural center of gravity or using someone else's system, you have already increased your odd's of failure.

	Bomb Sniffing Forex and Futures Systems Posted by: TheTradingAuthority Video duration: 599 seconds You have no control over what the market is about to do...the only control you have is to keep your model in the market during your trading plan hours and execute. Your forex or futures trading system will do the rest and find the profits.

	Dumb traders make as much money as smart ones Posted by: TheTradingAuthority Video duration: 570 seconds Are smarter traders more profitable? No. Turns out there is one distinguishing common trait though that greatly increases your chance of success

	9 to 5 thinking kills traders Posted by: TheTradingAuthority Video duration: 521 seconds If you go into trading with the same mentality you have or had during your regular job, you're putting the odds of success against yourself.

	Why do I move my stops and targets? Posted by: TheTradingAuthority Video duration: 603 seconds Because you don't have a trading plan. That's the easiest answer. Watch this video to find out why you do what you do - and why those results are less than stellar and usually dismal. At the end of the video, take advantage of the free trial offer and learn how to turn it all around.

	Committing to a great trading system Posted by: TheTradingAuthority Video duration: 412 seconds When you have developed a trading plan, and KNOW your relevant model information, then you have to COMMIT to the trading plan, and follow your rules of engagement.

	Don't trade...flip a coin Posted by: TheTradingAuthority Video duration: 449 seconds Eckhart from the Turtle Traders says in "The New Market Wizards" that when left to their own choices, people are better off flipping a coin than doing what feels good. Find out why, and how to get a trading plan in this video...

	Trading SYSTEM first = trading FAILURE and blowout Posted by: TheTradingAuthority Video duration: 512 seconds Every successful trader that has ever written a book is sending a clear message back to you as a new or struggling trader - the answer to profits lies within - not outside of you.

	How to AVOID the New Trader "Cycle of Doom" Posted by: TheTradingAuthority Video duration: 588 seconds Every new trader - whether futures trading, forex trading, or stock trading, goes through this or a version of this cycle. If the best traders in the world interviewed say that 90% of trading is psychology and emotions, why are the SYSTEMS the first thing focused on?

	How do successful and profitable traders think? Posted by: TheTradingAuthority Video duration: 593 seconds TRADING SECRET REVEALED: To trade forex, futures, and stocks profitably, you need a belief system embedded in your long term memory. If it's in short term - losses and panic will ensue.

	Why most people will never trade successfully Posted by: TheTradingAuthority Video duration: 588 seconds Your bad trading system habits will drive you to fail. You will make the same mistakes over and over and over again, and not know why. No trading system, no guru, no trading room will help you and your account will explode like a nuclear device UNLESS.....

	If you don't believe your trading system, you will fail. Posted by: TheTradingAuthority Video duration: 525 seconds "The inability to follow a proven strategy is high on the list of reasons for failure of the systematic trader" - Robert Pardo - One of the premiere system traders in the world. How do we overcome that ability to screw up a good system?

	The most important trading system video ever Posted by: TheTradingAuthority Video duration: 596 seconds Trading systematically involves basic statistics and probabilities. If you don't know the answers to 6 basic questions, it's only a matter of time before you blow out your account or lose your emotional mind.

	Winning forex and futures systems all lose Posted by: TheTradingAuthority Video duration: 408 seconds If you don't know how to handle the losses of your model, I don't care if it's a 95% profitable model - you will freak out and fail while the system makes new equity highs without you. Watch and see if you have the information about your model that you need to keep trading it confidently.

	$100.00 in the ES for following my system rules Posted by: TheTradingAuthority Video duration: 491 seconds If you have a rule set, and a trading plan - you can trade confidently and take losers and winners equally. If not, every trade is agony as your mind searches its memories for information on how to act.

	Fibonacci Secrets - the power of confluence Posted by: TheTradingAuthority Video duration: 523 seconds When the stars align, you can have more confidence in the trade. We show you some of the tools we use in models that are taught in our classes that generate higher percentage trades based on what we see - not what we think.

	Learn the SECRET to trading Fibonacci Posted by: TheTradingAuthority Video duration: 575 seconds Most people don't know that fibonacci levels can be used forward to predict levels of resistance and not just backwards for levels of retracement. When everything lines up - watch out!

	There is no room for hope in a Trading System Posted by: TheTradingAuthority Video duration: 496 seconds The TaTI model crushes the ES emini and avoids market chop. Watch as we discuss how the best traders in the world talk about how HOPING for profits will crush your account, and what you can do to ensure that you are net-profitable over the long haul.

	Winning traders won before they ever placed a trade Posted by: TheTradingAuthority Video duration: 562 seconds They said Kurt Warner had "championship experience" at the last Superbowl. How can traders come into the live trading session with the experience they need BEFORE they end up paying for the expensive lessons that most traders end up paying? Watch and learn...

	Learn the trading secret to an $800.00 emini day Posted by: TheTradingAuthority Video duration: 542 seconds If you can't trade through chop, or trade through draw downs, you miss the opportunity to participate in the gains when the model hits its sweet spot. Watch this video to see how trading the TaTI model rewards patience and discipline.

	Use Fibonacci Levels to trade fores, futures, stocks, and... Posted by: TheTradingAuthority Video duration: 456 seconds The power of Fibonacci levels is undeniable. However, it's misleading to believe that they can be traded on their own - or apart from a trading plan. Watch the video and sign up for our free live trial at the end of the clip.

	Relative Strength Indicator for Profits Posted by: TheTradingAuthority Video duration: 197 seconds What is RSI and how do people use it to trade? If you trade forex, futures, stocks, or commodities, you will see RSI on someone's screen. People have made thousands of dollars using it. Learn about it in this short, fast break video.

	The most profitable trading systems need this first Posted by: TheTradingAuthority Video duration: 579 seconds The best forex emini and stock day trading systems will fail in the hands of an anxious, stressed, and depressed trader. Want to make $$$ in the forex, futures, or equities? Control your trading state - first step is to be aware of your body and physiology.

	3 17 Stox Watch Posted by: TheTradingAuthority Video duration: 597 seconds Senior Trader Todd Brown reviews the stock market and highlights opportunities for profit using systems taught and developed in The Trading Authority classrooms every day.

	Want fun? Go to Vegas. Want to day trade? Watch this!!! Posted by: TheTradingAuthority Video duration: 322 seconds Why do you trade? Is it for the thrill of the moment, or is it to become net-profitable in the long term? You'd be surprised what your underlying motives could be. If you're attempting to be a net positive and profitable trader, play this video.