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:

FOREX VIDEO - EUROPEAN OUTLOOK JULY 29TH 2010 FOREX VIDEO - EUROPEAN OUTLOOK JULY 29TH 2010
Posted by: fxbootcamp

Video duration: 388 seconds

Hey everybody. We dealing with some very typical summer conditions but there are pips to be had. For this video back by popular demand our old friend Cable. I hope you enjoy the video and good luck! David Pegler


FOREX VIDEO - EUROPEAN OUTLOOK JULY 27TH 2010 FOREX VIDEO - EUROPEAN OUTLOOK JULY 27TH 2010
Posted by: fxbootcamp

Video duration: 475 seconds

Hello traders, for this outlook I couldn't seem to find a high quality intraday plan so I focused on a few pound related swing trade plans. I hope you enjoy the video and stay conservative during these summer weeks. Good luck!! David Pegler


FOREX VIDEO - EUROPEAN OUTLOOK JULY 23RD 2010 FOREX VIDEO - EUROPEAN OUTLOOK JULY 23RD 2010
Posted by: fxbootcamp

Video duration: 576 seconds

Hey everybody, for this outlook video I touch on a few different things, relative strength, correlation and the S & P 500. On the currency front I analyze the Loonie for a continuation trade plan. Good luck and enjoy!! David Pegler


FOREX VIDEO | New York Session Review | July 21, 2010 FOREX VIDEO | New York Session Review | July 21, 2010
Posted by: fxbootcamp

Video duration: 244 seconds

The major currency pairs were mostly flat ahead of Federal Reserve chairman Ben Bernanke's Humphrey-Hawkins testimony on monetary policy before the U.S. Senate Banking Committee.


FOREX VIDEO - EUROPEAN OUTLOOK JULY 21ST 2010 FOREX VIDEO - EUROPEAN OUTLOOK JULY 21ST 2010
Posted by: fxbootcamp

Video duration: 391 seconds

Hey everybody, for this video I take a look at a pair we almost never cover, the Euro Cad. I approach this pair with the same tool set I use on any other, price action, fibs, support and resistance. I hope you enjoy the video and good luck today!! David Pegler


FOREX VIDEO - ASIAN OUTLOOK JULY 21ST 2010 FOREX VIDEO - ASIAN OUTLOOK JULY 21ST 2010
Posted by: fxbootcamp

Video duration: 836 seconds

Hi Folks
Had a great Bootcamp workshop over the weekend. For todays video, we take a look at a little spot Pound long we set up in Asia yesterday and plan a Aussie long for today. The Aussie looks prime for 90+. Price action lines up, pivots, EMA's etc OK. All we need is a pullback.
Have a great day trading,
Cheers
Rob Helean


FOREX VIDEO | New York Session Review | July 14, 2010 FOREX VIDEO | New York Session Review | July 14, 2010
Posted by: fxbootcamp

Video duration: 437 seconds

Opportunities arose during today's New York session for both bulls and bears to make pips on the yen crosses. Some V-shaped price action from London lunch to London close left the EUR/JPY currency pair unchanged on the day.


FOREX VIDEO - ASIAN OUTLOOK JULY 14TH 2010 FOREX VIDEO - ASIAN OUTLOOK JULY 14TH 2010
Posted by: fxbootcamp

Video duration: 485 seconds

Hello everyone.
In the past 24 hours, the market has continued it's bearish bias against the USD. Todays video looks at the further long side potential of the Euro. We also sneak in a little trade plan review from yesterdays Asia session.
Cheers
Rob Helean


FOREX VIDEO | New York Session Review | July 12, 2010 FOREX VIDEO | New York Session Review | July 12, 2010
Posted by: fxbootcamp

Video duration: 381 seconds

Standard & Poor's Ratings Services affirmed its negative outlook on the sovereign credit rating for the United Kingdom. The subsequent British pound selloff fueled most of an 80-pip drop on the GBP/USD currency pair during the hour before the London close.


FOREX VIDEO - EUROPEAN OUTLOOK JULY 12 2010 FOREX VIDEO - EUROPEAN OUTLOOK JULY 12 2010
Posted by: fxbootcamp

Video duration: 391 seconds

Hi everybody, for this Monday outlook I continue our cable analysis from last week. This trade plan isn't cut and dry given our present levels but cross referencing with the Euro Pound will provide an edge. Good luck!! David Pegler


FOREX VIDEO | New York Session Review | July 8, 2010 FOREX VIDEO | New York Session Review | July 8, 2010
Posted by: fxbootcamp

Video duration: 440 seconds

The major currencies extended their gains against the Japanese yen during today's New York session after a US report showed lower weekly jobless claims.


FX_Bootcamp_Fibonacci_FOREX_June_2010.mov FX_Bootcamp_Fibonacci_FOREX_June_2010.mov
Posted by: fxbootcamp

Video duration: 31 seconds

Television advertisement that ran nationally on CNBC and Bloomberg.


FOREX VIDEO - EUROPEAN OUTLOOK 6TH JULY 2010 FOREX VIDEO - EUROPEAN OUTLOOK 6TH JULY 2010
Posted by: fxbootcamp

Video duration: 343 seconds

Hey everybody. Hope you had a good long weekend; time to get back to business. I have prepared a trade plan for the Pound Dollar today. I hope you enjoy the video and good luck!! David Pegler


FOREX VIDEO | New York Session Review | June 30, 2010 FOREX VIDEO | New York Session Review | June 30, 2010
Posted by: fxbootcamp

Video duration: 450 seconds

The U.S. dollar was mixed during the New York session on the last trading day of the second quarter.


FOREX VIDEO - EUROPEAN OUTLOOK JULY 1ST 2010 FOREX VIDEO - EUROPEAN OUTLOOK JULY 1ST 2010
Posted by: fxbootcamp

Video duration: 466 seconds

Hey everybody, for this outlook video I look at Cable and the Euro Pound cross. Very simple analysis indeed, looking for some short term trend continuation plays. Good luck!! David Pegler


FOREX VIDEO | New York Session Review | June 29, 2010 FOREX VIDEO | New York Session Review | June 29, 2010
Posted by: fxbootcamp

Video duration: 510 seconds

The rule today? Safety first. The yield on the 2-year US Treasury note hit a record low following a broad sell-off in global equity markets on the eve of the close of 2010Q2. The EUR/JPY currency pair hit a new 9-year low before the end of the European trading day.