Please read this article all the way to the end. You risk losing a lot of money if you don’t!
The article is divided into 5 parts for easier reading. Terms have been linked to their respective definitions to aid comprehension. Without further ado, let’s jump straight into the meat of the article.
Forex traders spend a lot of time waiting. We are waiting for setups, we are waiting for breakouts, we are waiting for formations, we are a waiting for price to endlessly bounce off a support region and, if you are like me, we are waiting for an MT4 alarm to go off signalling that the price has touched a particular trendline that we were monitoring.
So, is there a (money making) pastime that a forex trader can engage in to kill time as he waits for the breakout/trend/news? Yep, Trading Binary Options!
Over the months training new forex enthusiasts and polishing up the skills of seasoned traders, I have realised that it is not everyone who needs a full forex class worth Kshs20,000/=
Some people just want to brush up on a few aspects of forex that have been puzzling them, some just want to meet theforexguyKE and have a chat before they commit to a full forex class, while others just want to come and ask the age-old question, “Is forex trading for me?”
I should probably start by saying that I do not use Robots to Trade. I would much rather you set aside $100 and buy a solid strategy like One Candle (Click HERE) and trade it yourself or invest 20,000/= in a proper Forex Class (Click HERE) and learn how to trade like a full time Pro Forex Trader.
But since I am reselling these Robots at such a cheap price (Kshs2,000/= for all Ten powerful robots), feel free to purchase and download them and analyze their working to see how many suit your individual trading style.
Forex Traders – Get ready for our day out! Friday the 24th of June 2016 9am to noon 🙂
Time to Go…
The Fourth FREE Forex Open class is here with us and this time we will be discussing the ever-so-controversial topic of ‘Stop Loss Hunting’. Is your broker out to swindle you of your hard earned cash? Book your spot and let’s meet and find out on that day.
and enjoy a well paying Career that allows you the freedom to work from anywhere at anytime that pleases you!
Over 16 Hours of nothing but the best Forex training GUARANTEED TO IMPROVE YOUR TRADING RESULTS even if you are already a trader.
So, you have Read all the Forex literature available in the world, tried to follow a few YouTube videos, attended expensive seminars with 6 figure entrance fees every other month and still can’t figure out how to place profitable trades? Or maybe you lack the courage and confidence to trade?
Do not worry! Why not Book a Class with theforexguyKE himself for an intensive, personalized, one-to-one, hands-on practical course? You will be placing trades like a professional immediately after that!
Forex Trading is Dangerously Addictive. You only need to read “Reminiscence of a Stock Operator” by Edwin LeFevre to see how powerful this addiction is. Once you find your footing and learn how to make money by simply looking at charts, you get completely taken over by the markets and you consistently and incessantly – day and night – think about pips and charts. You sleep forex, you eat forex and you wake up in the middle of the night determined to make ‘just a couple of dollars’ before going back to bed.
World over, Forex traders are known to be disheveled, sleep deprived, shaggy and unkempt fellows. They drive expensive cars and own huge mansions, but at a personal level they seem to never have time for anything else apart from trading. They would much rather have a laptop next to their deathbeds than be surrounded by their loving family – assuming they ever made time to have one. Is this the life you want to live? Is this your dream-come-true? I don’t think so.
“Dear @theforexguyKE, Thank you for all the help and assistance you are offering to Kenyan Forex Traders like myself. We appreciate. I have a small problem. Actually it is very big because I have just lost almost Twenty Thousand Shillings today trading. I have been trading on my Demo account for 6 months now and my results were stellar to say the least and I made maximum profits on almost every trade. When I started trading real money, however, I have made loss after loss after loss and I do not understand what is happening. Has my broker rigged my account? Is the data on the Demo account the same as the data in the Real accounts? And how comes I cannot make any profits on my Real account? Please reply. PS: I LOVE the Alpha and Omega Trading System. Keep it up!”
“Dear distraught Newbie, there is no need to get your pips in a knot! Here is the solution to all your problems 🙂