FAQ About The Forex Trading System

FAQ About The Forex Trading System

These are some recently asked questions that may prove helpful to you.

Question
What is the success rate of trades on the 1 min chart and on the 5 min chart? Do
you use a stop loss? Do you use specific targets or do the indicators/charts tell
you when to exit.

Thanks for your question..The success rate in any market will depend on
your trade & money management, this course will teach you that. Stop loss
varies according to the time frame used and the setup, but are very
reasonable. Targets or risk/reward can be used, both are covered fully.

Question
What is the maximum 1 on 1 time you will give a buyer with email support?

Thanks for your question..There is no maximum time. Every question you
email will be answered in a timely manner.

Thanks for your question. Yes, there are 4 excellent strategies for the daily
charts. By definition, day trading/short term trading will require that you
spend more time looking at charts. I find that with this system 1-3 hours is
all that is needed for day trading..Average maybe 1-5 trades per session
depending on time frame.

Question
Hi am very interested in your method and wondered what the win % is and risk
/reward ratio>Also will the method technically work on any chart not just forex.
Many thanks Ian

Thanks for your question..The win % in any market will depend on your
trade management, not on indicators, which is a big part of this material.
Technically it will work on any chart..Risk/reward or targets can be used,
both are covered.

Question
I don't have any experience at all in this market. I have been an investor not a
trader. I understand the basics of forex but that's it. Is your program still suited to
someone like me?

If you wish to hold longer positions for days or weeks, the short to medium
term forex strategies which make up most of the material would probably
not be suited for you...But, daily, weekly & 1 - 4 hour strategies with great
success rates are also covered...2 of the daily strategies are very suitable
for investors..

Question
Hi, What other costs might there be to start trading after I make the purchase. I.E
software,etc.

Thanks for your question..This is manual trading education, meaning you
make all the decisions, not the computer. The only costs are the funds you
use to trade..This works on all charting packages including the free ones
your broker gives. No software is needed.

Question
Hi, 1. Can your system be applied to the daily time frame? 2. Using the smaller time
frames : 1min, 5min, 15min : will we have to be 'glued', as it were, to the screen ?
3. How many trades would you average in a session ? cheers.

Question
Hello Larry, May I ask if this is suitable for someone who has NEVER traded
before? I have only read theories, somewhat badly. Also, what is the ideal starting
capital, no taking out, just leaving in.

Thanks for your question. This is very suitable for complete beginners. You
will only have to learn a few indicators, and learn to spot simple repeating
setups. You will also want to do a little research on the web for "forex
basics" to get a better understanding of what forex is & how this market
works. We recommend a demo to get used to placing trades, then moving
to a real account starting off very small, maybe $100. FXCM has a Micro
account you can open for as little as $25 dollars to test the waters.

Please take a moment to review our 30 day guarantee
& the risks associated with Forex trading/investing.

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