My name is Raul, I am 27 and I live in Spain.
I have been little time in the Forex world, although I must say that so far, and despite the fact I am still a little bit lost, I am beginning to focus a little bit.
I wanted to tell you about a Forex course I am following right now, with live trading sessions.
The person who teaches it is called James de Wet, a south-african who is been around in the world of trading for quite a long time. He says he went broke once, so now his saying is: better let a trade go than risking too much.
The course is composed of 31 videos, in which he talks, among other things about how to open a broker account, his money management method, best times for trading, candle patterns, etc.
He has also some videos dedicated to the three methods he uses (and teaches): one is trend-following (with 1 hour candles), another one about trend breaking (5 min candles) and another one related to average crossings (although we don?t follow this last one too much).
The course complements with two live trading sessions a week (Tuesdays and Thursdays), in which we all can see his graphs and broker (his entrances and exits, which he announces and we all can see on the screen). Also, we can ask any questions we have, and he answers them live. So far I have been following his indications, and truth be told, it?s working well so far.
His target is to begin with 2000$ and take it to 50000 in 18 months, with a 20% monthly return (according to his money management method, that?s 200 pips/month, 50 pips/week), and so far (he started in May, so it?s only been 3 months) he has achieved it. He only takes trades Tuesdays and Thursdays, when we all can see. Also, some other days, he warns us by e-mail of certain entrance alerts (although he makes it very clear it is not an alert service).
He speaks quite clear, so even if English is not your mother tongue (like in my case), it is quite easy to follow him.
You can find more details about the course here: E75+ Course
If you have any comments, do not hesitate to drop me a line at email@example.com
Best regards and good trading to all!
links and discussion on trading-related learning resources
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Hi Raul! If you really want to become a successful currency trader in the Forex market, you need to develop your own trading strategy. It?s not enough to read a ton of literature about Forex, you must always apply yours skills and analyze the situation. Own trading strategies to apply and sharpen up exactly as long as its application will not bring you a steady income at first on a demo account, and then on the real. Great example here http://www.youtube.com/watch?v=rhQw2HbLaAA