April 15, 2016Uncategorized

Week of 4/11/16: The “Secret” to Success

This is what we discussed in class this week with our advanced members:

Dissecting the Entry Process

  • We look at momentum showing on our indicator with the GBP being heavily sold and the USD being heavily bought. We pair those together for a GBP/USD SELL.

Adaptation

  • We discuss the importance of adapting a trading plan to YOU.

Secret to Success: There Are No Secrets

  • There are no secrets in trading, no hidden truths and no elitist conspiracies.
  • Those who succeed do so because they followed the process which leads to success.
  • Those who fail do so because they didn’t follow the process.

More Than “System”

  • You must be able to differentiate between a trading system and a trading operation.
  • Successful traders give 90% of their attention to their overall operation and 10% to the actual system. The business of trading is far more important.
  • That is inverse when it comes to amateur traders. They spend most of their time on the “system.”

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James Edward
James Edward has been a successful Forex hedge fund manager & educator for over a decade. He founded Complete Currency Trader, a London based firm that has consistently trained individuals to become professional and profitable traders long term using the individual currency strength analysis methodology. CCT is an elite Forex educational firm and has a reputation second to none with over 90 positive reviews and an overall 4.538 out of 5 rating on the third party verification site Forex Peace Army. James’s affable personality, expert knowledge, notoriety for getting results, and steadfast dedication to his clients, has secured his position as one of the most trustworthy, liked, and in demand authorities in the industry.