It is well know that Forex trading can be very lucrative to a trader that knows what he or she is doing. Every day, the astute investor can make tens of thousands of dollars. There are countless others who quietly trade foreign currencies out of their homes on a smaller level and still make six figure incomes every year.
But, the great majority of those involved in Forex trading lose money. This is because the market is full of gimmicks that promise short cuts and automatic profits.
THE TRUTH ABOUT THE FOREX INDUSTRY
Because millions of dollars are made daily in foreign currencies and brokers make money regardless of whether a trade succeeds, it has become an industry fraught with gimmicks and get rich quick claims. If you think about it, if these really worked, why wouldn’t everyone be using them and why wouldn’t the large institutional traders use robots? It is because they do not work. They are based on historical data but the markets of today are based on current data.
If you are looking for another gimmick that promises automated trading and no risk, then Forex Nitty Gritty is not for you.
Instead, if you truly want to create ongoing sustainable income, day in and day out, and want to be able to rely on Forex trading as a business, please read on.
COURSE TEACHER NORMALLY SELLS THOUSAND DOLLAR ADVANCED COURSES
Bill Poulos, the creator of Forex Nitty Gritty (a solid course for teaching how to trade properly) is a veteran trader with years of practical experience. He has helped thousands of advanced investors make even more money in the market by teaching solid methods based on sound fundamental trading principles.
Before now, one had to pay thousands of dollars by a participating in his world famous but limited FX Profit Accelerator program to even get access to Bill Poulos and his teaching methods. But, after a lot of demand, and after Bill has grown tired of all the hype that is bilking newbie traders out of so much money, he is releasing Forex Nitty Gritty.
This entry level course is for the new investor or the one that has tried all the gimmicks but now wants to really know what is required to make money over the long term in this business. Bill knows exactly what causes failure in the markets. After you get past the pipe dream of robot trading, there really are two major causes of failure.
LEARN TO AVOID THE TWO BIGGEST CAUSES OF FAILURE
His course teaches you about these two causes and shows you how to turn them to your advantage. The first is you must focus only on the highest probability, low risk trades. In business, this is known as focusing on quality not quantity. When you start to get rid of the sub-optimal trades and all the time and emotion attached to those, you really start to create a repeatable method for profit.
Other courses push hours of trading and place them on every kind where there is some chance of profit. Instead, apply his method and you will reduce your research and trade identification time to as little as 20 minutes a day and your trades overall will have a much higher chance of profitability. The second area of failure is not having a consistent risk management component to your trading methodology. Let’s face it. This industry is all about making money and money makes people have strong emotions like fear and greed.
When you trade with fear and greed leading the way, you are gambling. When you learn to trade like Bill Poulos, you are doing it as a business. And, just as with any business, true success comes with implementing proven systems and methodologies and not deviating from them. It is never a game of emotion.
Risk management is the boring but true secret to foreign currency trading success. In this course, this component is built in from inception. His risk management techniques and methods alone are worth thousands as