Why does your currency trading system work?
The
reason is quite simple. ALL professional traders, be they trading for
themselves or for banks, financial institutions, funds, and the such like,
adhere to the concept of support and resistance, which is the premise behind
my system. When you see price violate a pivot point convincingly, there are
automated trading systems out there that automatically kick in and buy or
sell, depending upon where price is going. So, in essence, these two factors
alone account for why other indicators are left breathing dust. Bar patterns,
MACD divergence, different time frame readings, and trendlines are definite
precursors to price changing direction but, in the final analysis, where price
is in relation to its nearest pivot point, is the big clue. Tie all these
indications together, and you are sure to out-fox price's next move.
How much profit can actually be made?
Of course, results can and do vary among individuals and no
guarantees can be made as to profitability. However, let's look at some sample
numbers based on averaging just +10 pips a day and each pip having an average
value of about $7.50. A beginner working just four days a week and trading
just one(1) unit/lot could earn about $300/week or about $1,200/month. A more
experienced trader still working four days a week and trading three(3)
units/lots could earn about $900/week or about $3,600/month. An advanced
trader still working four days a week and trading ten(10) units/lots could
earn about $3,000/week or about $12,000/month. Our system aims to achieve on
an average of 70 pips per day.
What if I don't have $5,000 of risk capital to open a trading
account?
There are some online brokers that permit new traders to open
trading accounts with as low as $1,000, and allow trading with $500 margin.
However, you must be even more careful with a smaller account since any loss
magnifies reduction of your trading capital and the ability to continue
trading your system. That is why most experts recommend that one starts
self-trading with at least $5,000.
What currency pairs traded do you mostly trade?
We believe in specialization so we focus mostly on the
Euro/USDollar pair. We find this pair has a very stable pattern and daily
range.
What's included in your training course?
7 hour CD audio/video recording, 100+ page manual, access to
member area (pivot calculator, message board, daily trading review), one month
free phone consultation.
Does your course assume any prior trading knowledge?
No. We start from the begining.
How long does it take to complete the course?
2 days to 5 days.
