About me -
A 10+ voucher member here since January 2009 & Global Moderator over at Steve Hopwood's forum - worked in The City (London) many years ago as a forex dealer for several major banks.
History -
A few years ago I was invited to join a commercial forex forum and got to know some of the members. What struck me from day one were the horror stories from traders who had been trying to find a way through the mire of so-called forex gurus. Many had spent large sums on mostly useless information, some had been indirectly or even directly defrauded.
So, when illness forced me to take things quietly until an operation could be scheduled I decided to try and create a high quality, effective and above all, honest training course, using some of the techniques built up from running international companies for 30+ years.
The result is at www.fx-works.com and unlike many, this course is NOT in any way, sponsored, paid for, or in any way beholden to any forex related company - all my own work and all paid for by me.
My training course is now coming up for it's second birthday, and so an update seems appropriate, as during the past two years, a few adjustments have been made to the original teaching method.
But first a few words of warning:
- Anybody thinking they are going to turn pennies into a fortune overnight, move along now.
- Anybody thinking that it is easy to make money trading forex, move along now.
- Anybody looking to get rich without doing any work for it, move along now.
Now -
My course is designed for anybody wanting to learn how the forex market works so that they can hopefully become master of their own fate in this high risk business.
In March of this year (2013) we started a Teaching/Student account using only our predictive software to generate trading leads. The account is designed to both collect data on the 14 currency pairs we monitor as well as showing how an ultra short range Money Management system works.
As all exits are fully automated, there is no human intervention involved and no manual interpretation of the market. This approach allows results from the different currency pairs to be directly compared and a league table of best performing currency pairs created.
The Teaching/Student account takes every single software generated trading lead - the good, the bad and the indifferent - no exceptions.
Using this approach the demo Money Management system has produced the following results so far this year; over 8,000 pips and counting with an average 78% trade win ratio. As students learn how to cherry pick the best of these leads, an exceptionally high trade win ratio is normal.
The Teaching/Student account has now logged lots of interesting data, all of which is available to full members for analysis to help in designing their own strategies.
For example, we have now logged over 480 entries and counting, all complete with an entry screen shot, entry price, stop and take profit prices and a mini risk assessment across 14 currency pairs.
As well as the recorded data, our live lessons archive now has over 180 lesson recordings and counting, well over 4GB of ramblings!
Lastly it has become clear during the course that a successful trader needs at the very least these four things:
1. Above average computer skills
2. Discipline
3. Patience
4. Free time available to study
The Offer -
The original completely free 30 day trial guest membership is unchanged, so if are interested you are welcome to drop by and take a look around.
Best of luck with your trading.
Dave
aka macman
A 10+ voucher member here since January 2009 & Global Moderator over at Steve Hopwood's forum - worked in The City (London) many years ago as a forex dealer for several major banks.
History -
A few years ago I was invited to join a commercial forex forum and got to know some of the members. What struck me from day one were the horror stories from traders who had been trying to find a way through the mire of so-called forex gurus. Many had spent large sums on mostly useless information, some had been indirectly or even directly defrauded.
So, when illness forced me to take things quietly until an operation could be scheduled I decided to try and create a high quality, effective and above all, honest training course, using some of the techniques built up from running international companies for 30+ years.
The result is at www.fx-works.com and unlike many, this course is NOT in any way, sponsored, paid for, or in any way beholden to any forex related company - all my own work and all paid for by me.
My training course is now coming up for it's second birthday, and so an update seems appropriate, as during the past two years, a few adjustments have been made to the original teaching method.
But first a few words of warning:
- Anybody thinking they are going to turn pennies into a fortune overnight, move along now.
- Anybody thinking that it is easy to make money trading forex, move along now.
- Anybody looking to get rich without doing any work for it, move along now.
Now -
My course is designed for anybody wanting to learn how the forex market works so that they can hopefully become master of their own fate in this high risk business.
In March of this year (2013) we started a Teaching/Student account using only our predictive software to generate trading leads. The account is designed to both collect data on the 14 currency pairs we monitor as well as showing how an ultra short range Money Management system works.
As all exits are fully automated, there is no human intervention involved and no manual interpretation of the market. This approach allows results from the different currency pairs to be directly compared and a league table of best performing currency pairs created.
The Teaching/Student account takes every single software generated trading lead - the good, the bad and the indifferent - no exceptions.
Using this approach the demo Money Management system has produced the following results so far this year; over 8,000 pips and counting with an average 78% trade win ratio. As students learn how to cherry pick the best of these leads, an exceptionally high trade win ratio is normal.
The Teaching/Student account has now logged lots of interesting data, all of which is available to full members for analysis to help in designing their own strategies.
For example, we have now logged over 480 entries and counting, all complete with an entry screen shot, entry price, stop and take profit prices and a mini risk assessment across 14 currency pairs.
As well as the recorded data, our live lessons archive now has over 180 lesson recordings and counting, well over 4GB of ramblings!
Lastly it has become clear during the course that a successful trader needs at the very least these four things:
1. Above average computer skills
2. Discipline
3. Patience
4. Free time available to study
The Offer -
The original completely free 30 day trial guest membership is unchanged, so if are interested you are welcome to drop by and take a look around.
Best of luck with your trading.
Dave
aka macman
