Forex Trading FREE Introductory Course Chapter 1

1st Video- Why Most Traders Lose Money?

 

24 thoughts on “Forex Trading FREE Introductory Course Chapter 1”

  1. Excellent introduction video and follow up to your ebook. You appear to have summed up in 30 minutes what other trainers waffle on about in many, many videos. I relate to several points you raise and am presently working on these issues, like my plan, which although I have one, is very vague and too much open to interpretation in the moment. I am at the moment creating rules to prevent over trading, especially when tired or frustrated which probably can be directly related to the lack of a plan.
    Looking forwards to the next video.
    fxoutlier

    1. Hi Simon, thanks a lot for your post. I believe most people don’t give enough atention to trading habits, however if you master your trading habits they can be a massive difference between a losing and a winning trader, regardless of the trading strategy or system you use. If you are struggling to get your strategy consistent the first step would be to write down the rules you’ll tade with on a piece of paper.
      I will make a blog post about that so we can discuss it a bit further. Again thanks for your post and good luck with your trading!

  2. Hi Paul
    Thanks for taking the time to piece this all together.
    From you have describe everyone succumbs to the same issues that make us all human. I am a big believer in Keeping IT Simple but how simple is too simple ?
    I am very interested to hear your comments.

    1. Hi Greg,
      Yes, I believe we all want to get the results without the work and thought needed to achieve them. That’s why we tend to fall in the same mistakes and traps over and over. However the great thing about Forex is that we can leverage our efforts and make them really worthwhile. Basically I believe the “secret” is to take the time to make your plan, and then things definitely become much simpler and clearer. In the second video I will go over the mechanics of a plan. Thanks a lot for your comment.

  3. Fabrício

    Just read your book and now came here. I must say that i’m feeling very fortunate to have access to your work and perspective in the very beginning of my studies to learn how to trade (about two weeks now).

    Before your book and video, I felt I was alone on that road, despite all the materials on the internet. Now I see things much more clearer.

    Thank you Paul!

    (Sorry everyone if the english is not correct in some point, still learning it).

    1. Hi Fabricio,
      I am very happy that you’re finding the Book and the blog useful. I’ll be publishing more content to help you guys trade better and achieve your goals in trading. Let me know if I can be of help.
      Paul

  4. Fabricio Camargo

    Great video Paul! This week I changed dramatically the way that I trade and finally begin to achieve some very good results on my demo account, despite the mistakes that I’m still doing. Based on your teaching I’m working on a system that suits me. Keep up this great work!

    1. Hi Fabricio,
      I am happy you are finding the videos useful. Wish you great success on your trading!

  5. Fabrício

    Hello Paul! Thanks for release the third video! Watch them and read your book really helps to create a solid base to understand the market. Since my first message here i’ve been improving (and make some mistakes of course) but just now i’m really getting close to start with the real account. There was so much hard work and study to learn and keep all simple, but for those who want learn, Paul’s work it’s priceless! I truly recommend every video and page of the book.

    1. Hi Fabricio,
      I am very glad to hear that the videos and the book are helping you making progess in your trading. Let me know if I can be of assistance.
      Paul

  6. Hello Sir,

    Thank you for answering my very long search for the best time frame in your book. I have been studying/trading forex for 3 years and most of my questions have been answered by your book.
    I would love to trade for a living.
    Sylvia

    1. Hi Sylvia. Thanks a lot for reading my book and I am happy you are finding useful information on it. Let me know if I can be of help.

  7. David Morrison

    Hi Paul,
    Read your book found it very interesting and have been looking for a strategy for intra day trading. Having a back ground in Gann theary and the introduction of high frequency trading killing any traditional tread type system I am keen to get home and test thsee system. The question in have atm is can this system be applied to index and commodities on an intra day basis. Cheers David

    1. Hi David,
      Sorry for taking so long to reply I have been traveling for a while but now I am back. Thanks a lot for your interest in my book. Yes you can trade commodities or indexes as well. I’ve had good results with Gold, Silver and even European Indexes or de NASDAQ. Let me know if you have any more questions

  8. Hi Paul are you still following this blog ? last post is from a year ago ? would be happy to chat with you if possible .

    Thank you

    Matteo

    1. Hi Matteo,
      Yes, sure I am around. Though I haven’t got much time to write new articles for the blog, but I expect to soon do it again, it’s a lot of fun and I am about to finish developing a trading course. Let me know if I can be of any help to you. Cheers!

  9. Hi Paul,
    I am a beginner, haven’t done a demo yet. I enjoyed you book and video, can you please let me know when you have finished developing your tradeing course, thanks,
    Gail.

    1. Hi Gail, The course is still being developed. I hope to have it ready in a few weeks. Will keep you posted. In the meantime take a look at the videos.

  10. Hi Paul,

    I was wondering if there are more videos in this series? I am having difficulty locating them on this site.

    Many thanks for your book and videos.

    Colm

    P.S. Do you offer private mentorship/coaching?

    1. Hey Kris! did you subscribe to my email list? you should get them in your mail. Regards!

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