Apart from the many facets of Forex trading that I teach, including several methods of entry executions that do not require anything more than 15 to 20 pip stop loss on most majors, slightly more on the JPY crosses and exotics (depending on spread and ATR) my approach to teaching the market is quite different than you might expect.
Quite frankly and more to the point, the reason why most traders fail to succeed at Forex trading is because most traders are not properly taught how to avoid risk.
Warren Buffett once said this: "Risk is not understanding what you're doing".
That is why one of the cornerstones of my training involves helping you to how to circumnavigate around risk. I believe that, if we as traders can be aware of the risks we can also understand how to avoid them. It's a simple equation that averting risk enhances a trader's chance of success.
The training includes an in depth exploration into many facets of the Forex Market that we need to understand in order to enhance our chances of success. As I go through the eighty hour webinar course with you I combine chart reading skills and an understanding of market fundamentals that are needed is search of high pip-gain targets. Along the way we learn not only to be a trader who is risk-wise but also a trader who is patient and yet, aggressive when the time is right to be aggressive.
With charts we'll study historical ranges and their impact on what's occurring at present. By knowing this we can understand when a range is about to be broken for perhaps as many as several hundred pips – but our stop loss doesn't vary. We can also understand when to get into trend at bargain basement prices – timing is everything.
Our journey through fundamentals is not an extensive and exhaustive study of economics but rather the essentials of those elements that are important to further increase our chances of success. A reasonable understanding of market fundamentals can often help us get into positions earlier and take advantage of momentum much sooner than we might have by reading charts movements alone. Nonetheless, both chart reading and fundamental understanding are of equal importance; one is not any more or any less significant than the other.
Another critical piece of trading acumen that is vital part of the training is Market Demographic. Trading the Forex is a serious business and we're serious about knowing what other traders are thinking and doing and at any given time. We need to correlate our trading entry and exit executions with the flow of market sentiment and not against it. Never try to outguess the Forex market.
The Forex is an ever-evolving market that evolves around 'constants'. It's through understanding those aspects of the market that are constant and that never change that help us to become more astute and more prepared traders.
It's often said that the three-trillion dollar per day Forex is the most sophisticated trading market in the world. By the same token the Forex is the most complicated trading market in the world.
The training you receive at the 1000 Pip Club transcends any single trading strategy. While you will learn entries and trading guidelines, your study with the 1000 Pip Club will provide you an understanding and perspective of the Forex market at a foundation level that no one else is out there teaches. Students have stated that they feel like they are part of the market after absorbing the classes. Regardless of where your Forex career takes you in the future, you'll be able to use what you learn.
What we teach at the 1000 Pip Club is designed to make you the complete trader you've always wanted to be.
For those of you who've not received the full and proper course of information required to make you a successful, confident and consistent trader, what we offer is the Forex immersion program you've been looking for.
Our complete regimen of Forex education has been called the 'needle in the haystack' that most would-be Forex traders have not been able to find.