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Archive for the ‘Simple Trading Method’ Category

Forex Nitty Gritty Daily Videos: Master The Simple Trading Method

Monday, August 31st, 2009

I was just going over the Forex Nitty Gritty Daily Forex Video.  When you get Forex Nitty Gritty, you don’t only get the videos by Bill Poulos which is the full course.  You also get access to a private site where you get ONGOING training through Daily videos.

I can’t tell you what a help this can be to your trading.  How many times have you tried to learn something and were left with some questions at the end? Even with a video course as comprehensive as Bill’s, you’ll still have questions.  And when you have questions that go unanswered, you’ll lack the confidence to put the trading system into action.

This is one of the reasons I really like Forex Nitty Gritty. You get ONGOING training which helps you MASTER the Simple Trading System.  And when you master a successful trading system… that really is all you need.

Other Forex courses I looked at don’t help you master the system like this.  This means you don’t get confidence or believe in the system.  And you probably don’t get to the point where you are consistently profitable.  Then, instead of figuring out what you are doing wrong, you scrap the entire system, look for something else and start all over again. This is why so many Forex traders fail… lack of mastery.

The Daily Forex Videos, on the other hand, help you master the Simple Trading Method.  Once you watch the videos by Bill Poulos and learn the fundamentals of trading and the Simple Trading Method, use these Daily videos to master the finer points.  The better you get at this one system, the more money you will make trading Forex.

You don’t need a ton of trading techniques to be crazy profitable trading Forex… you only need to MASTER one!

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Forex Simple Trading Method USDCHF Trade For 87 Pips Profit

Tuesday, July 28th, 2009

As you know, the Simple Trading Method is the Forex trading method Bill Poulos teaches in Forex Nitty Gritty.

Today, while watching Todd on the Daily Forex Video inside the Forex Nitty Gritty Insiders website, I noticed a potential trade set up I wanted to get into.  And I’m happy to say the trade worked out perfectly. And even though there was MORE profit to be taken in this trade, I’m happy I made 34 pips on the first target and 53 on the second price target.  Plus, I always congratulate myself when I stick to the RULES of the Simple Trading Method… regardless of whether I win, lose or break even.

Here is a video of the USDCHF trade I made for 87 pips of profit…

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Disclaimer: Trading in the off-exchange Foreign Exchange Market (FX, Forex) is very speculative in nature, involves considerable risk and is not appropriate for all investors. Therefore, before deciding to participate in off-exchange Foreign Exchange trading, you should carefully consider your investment objectives, level of experience and risk appetite. Investors should only use risk capital when trading Forex because there is always the risk of substantial loss. Most importantly, do not invest money you cannot afford to lose. Any mention of past performance is not indicative of future results. Account access, trade executions and system response may be adversely affected by market conditions, quote delays, system performance and other factors. All rights reserved 2010.