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Instant Momentum as a Forex Trader


There is to be a temptation among people learning forex trading to want to feel like they understand trading before they start trading. This isn’t the best way to learn to trade.

Learn Trading by Doing

The FEAR that most people have is that when they begin trading, they don’t want to lose money. Nobody wants to lose money, we become forex traders so we can make money.

If you haven’t traded any real money yet, it seems logical to want to have a winning system in place before putting real money on the line…this is why demo trading (trading in a practice account with pretend money) is typically advocated.

The PROBLEM with Demo Trading

Demo trading is a good thing to do. It does have a major disadvantage. People tend to get bored with demo accounts. We know it’s pretend money, so we don’t take our trading seriously.

I recommend that you open a tiny trading account with REAL money. You can open an account with as little as $50. I recommend opening an account with at least $100.

Allow this account to be your “learning” account.

Although your goal will be to make money from the account, consider this first account as part of your forex trading education. Give yourself permission to trade this account even down to ZERO in order to learn forex trading.

Making Forex Trading REAL

Approximately $4 TRILLION is traded every day on the forex market. This is ALOT of money, and a huge opportunity for you to live a fantastic life & to do the kinds of things you want to do in life.

I’m recommending you start trading with real money for an important psychological reason:

If you trade with REAL money, forex trading is REAL for you.

When you start making trades that earn you $1.73, $2.11 or even $0.12 something magical will start to happen. You’ll start seeing FOREX as a REAL way to make money for you.

When you see your $100 account grow to $110, you may choose to throw in another $20. Then that $130 account will grow to $150. Then you may toss in another $50. As you see the small account grow, you’ll naturally want to invest a little more in it at a time.

Since your account is already setup, it’s easy to invest another $10, $20, $50, or more  because you can simply add it to your account. If you don’t have a live forex trading account setup, you’ll tend to procrastinate.

Expanding Confidence

You’ll learn lessons along the way. You’ll lose money at times. Even though you don’t want to lose money (nobody want to), you’ll also learn VALUABLE lessons from the money you lose.

Whether you take a profit or a loss from a trade, the fact that it’s REAL MONEY will spark an interest in you that simply isn’t there with a demo account.

The SOONER you can overcome fear that you’re going to lose money, the CLOSER you are to becoming a PROFITABLE forex trader. The longer you wait to open a REAL account, the longer you’re postponing your success.

Think about this honestly for a moment…“How many things have you spent $100 or more on that were pure WASTES of the money…money that you spent that doesn’t have any OPPORTUNITY of earning you an income”

After you answer that question honestly…ask yourself this question “How much is it worth to INVEST in learning this VALUABLE skill that will benefit me for life?”

By making a decision to open a real forex account and start trading NOW, you’re on the true path to opening up a tremendous new REAL opportunity for yourself.

Many times I wished I started trading earlier than I did. I’m GLAD that I trade NOW ;) Make this commitment to START NOW and I’ll continue to show you the next step!

 

 

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Posted in Forex Trading Mindset

56 Pips in 5 Hours with “Psychic” Exit!


I closed a short trade on the EUR/CHF today for a 56 pip profit. In the video below, you’ll see how I used almost “psychic” powers to exit the trade…I say that jokingly, but you may wonder after you see this video ;)

Recently, I’ve been describing the EMA & MACD technique for exiting a trade early. Well, I used the same forex trend prediction magic to exit this trade profitably as well.

Here’s the details:

I sold the EUR/CHF @ 1.3503. Five hours later, I exited the trade at 1.3447 for a 56 pip profit!

Real Money Forex Trade

This was a real money forex trade. I shared everything that was happening with the LIVE Forex Training class, as I do all my personal forex trades.

Watch the video below to see how close to the end of the trend this one came:

THAT was a close call! I could have lost nearly 2/3 of my profits on that trade had I not spotted that ;)

Forex Pivot Points

In the video above I mentioned using forex pivot points. This is a very popular & effective form of forex trading. I teach pivot points in the LIVE Forex Training.

Normally you’d pay $500 just to learn pivot points, let alone be able to ask ANY question you like and follow live forex market trades with real money. Fortunately for you, this is just one component of the LIVE Forex Training available at rapidforex.com.

I’ll continue sharing more tips for profitable online forex trading with you in upcoming rapid forex blog posts.

Happy Trading,

Brian Campbell

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Posted in indicators, Technical Analysis

FOREX Trend Prediction MAGIC!


Over the past few days I’ve taught you about EMA profit divergence, and then combined it with the MACD for a cool little trend following system.

It takes a little practice to master this art, but the results are almost like…

Pure Forex Trading Magic!

I’ve prepared a video below where I just opened up a chart and followed the EMA/MACD system & shared the interpretation. I didn’t cheat & look ahead. I simply called it as I saw it. I actually do this in real LIVE market conditions when I teach traders directly how you can trade everyday.

I didn’t lay out a bunch of complicated rules for you. I simply shared how to look at the signals that were given. If you watch this video a few times & then look at forex charts for even 30 minutes, you’ll start to see the power of this system!

Trend Following Magic Video

Watch this video now to see how you can use the EMA/MACD system to predict trend continuation & reversals. When you combine this with Forex Sailing, you’ll be nearly unstoppable. I also teach pivot points in the LIVE Forex Training, With all these tools, you’ll be like a Forex Ninja!

I recommend you watch this video a few times. I’ll also share this concept a few more times with you as well so it really sinks in. This isn’t your typical way to look at EMA & MACD, this is a really cool & powerful way to use basic forex tools.

Learn this & You’ll Kick ASS!

I’m sharing this for free on the blog so you can kick ass as a forex trader! Learn it. Master it. Use it. IT WORKS!!!


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Posted in indicators, Technical Analysis