- Fundamental and Technical analytic knowledge.
- At least you know and had a feel once of stop out.
- At least you had using more than 1 broker type.
- Discipline, consistency, commit with your self.
- A Laptop or PC
- Metatrader 4, with 6 currency windows: USDJPY, EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD.
- Internet connection
Every stocks and forex trader has their own style for being success. The is no “one only” of method we can depend on. If so, then every human race will be rich on earth. My simple basic forex trading can not always fit for everyone but it’s works for me and some of my friends. If you want to try my simple training, please follow all step by step with patience and keep studying every single move you made.
Do not trade and taking this lesson using a smartphone or tablet with mobile Metatrader 4.
What are the 6 currency windows for?
With displaying 6 currency windows we can see to related movement between the currency price. In example, in the normal market when USDJPY moved up, so the USDCAD. But it going to be move down for EURUSD, GPBUSD, AUDUSD, and NZDUSD.
Another example, when we are goint to trade on AUDUSD we have to see the movement at USDJPY, GBPUSD, EURUSD and USDCAD. Strong buy on AUDUSD when the GBPUSD and EURUSD going up with USDJPY and USDCAD going down.
Another example? You try by yourself now by following the steps bellow.
- Open demo FIX account at any broker that has decrease demo balance function.
- Start the demo account with $1,000.00
- Use any of your known method and indicators at your Metatrader 4.
- Use any volume lot you like to trade.
- Made the balance to $1,500.00
- Finish. Go to Step 2.
This step is stright to the real account because I believe you have qualify for this training’s requirement.
- Open a real PRO CENT account at Roboforex or any other broker that allow you to do scalping. If you choose Roboforex, please use referral code: TBJE (at least the broker will not get 100% profit from your trade and you can donate me without losing money at all)
- Fill your balance with only $10 deposit. NOT MORE! The $10 at cent account will become $1,000.00.
- Use any of your indicators to trade.
- Use ONLY 1 LOT VOLUME at minimum for your trade now. You can use more that 1 lot volume but do not less that 1 lot volume.
- Made the balance become $1,500.00
When you pass the step 2 above, then you are ready to trade with more efficient and more profit.
Right now, I do the trade with not less than 1 lot of volume. I trade 2 or 6 times a day with my own method Candle Sniper. I can make profit with 99% winning. The fail of 1% is my greed effect.