Archive for 'forex money management'

Safe to go Back into the forex Markets Yet ?

Hi, This is an update to the post earlier in the week advising my LMT Forex Followers not to trade until the current market turmoil settles down. My advice, nay insistance ! is continue to stay away. As you can clearly see in todays 4 hour Forex Chart of the aud ( I could have used…

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Awesome LMT Trades 1583 pips in 2 days

Lots of you gained BIG pips today. Jaime reported winning 600+ pips: “Marc let me tell you so far 600 pips on GBPJPY, EURJPY . You hit a HOME RUN w/ this LMT advice.. thank you.” I made 1017 pips closing fridays trades and 566 today. I earned more money in 2 days than I…

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How to become a Forex Winner

As I mentioned in today’s members email; I was a volunteer in yesterdays Lanzarote Iron Man. As a member of the “doping control team” I got to meet and chaperone the winner, Belgian, Bert Jammear. Unfortunately as Bert crossed the finish line and passed into my care, he collapsed ! Not surprising considering he had…

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Forex Money Management

Forex Money Management. Many of you are asking me to explain forex money management. Managing your money is THE most important part of forex. If you have none left you can’t be a forex trader ! Eric sent me this, so I will use his figures to show you how I would manage his account;…

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Risk Reward in Forex

The secret to becoming a successful forex trader is the ability to maximise your gains and minimise your losses. This is easier said than done ! In my 1st month trading forex I won 65% of the trades and yet I somehow managed to lose money ! Obviously my losses were bigger than my wins,…

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