The allure of forex trading is its apparent flexibility.  You can trade almost anytime and from anywhere as long as you can access the Internet.  The sophistication of trading software is astounding and masks to some extent the real risks of retail forex trading.  Beginners must accept their amateur status and seek out professionals to mentor their progress.  A trading regimen is no place to learn by “hit and miss” or “trial and error”.

At the start, immerse yourself in research about the craft.  The objective is to gain enough knowledge so that later training lessons will seem familiar, and your mind will be more receptive to understanding and retaining the information.  Knowledge is key before moving onto the next step in the process.  Your mentor will guide you through fundamental and technical analysis, trading platforms, risk management, fraud prevention, forex broker selection, trading strategy and psychology, and basic money management techniques for prudently handling your own account and investments.

Use these to assist in choosing a domestic forex broker.  Many overseas brokers may tempt you with their offers, but local regulators do not favor trading from offshore, nor do you want the potential problems of attempting to exercise legal rights overseas, a nightmare waiting to happen.  Your chosen broker will most likely supply you with his preferred trading software or allow you to interface with your own.  Be sure to read your agreement closely, as there may be exceptions or obligations that you will want to be aware of when you actually begin trading.  There will also be Help screens and more tutorials to enhance your effort.

Is it now time to start trading?  NO, with emphasis on both letters!  Experience is your next objective, and the only way to gain it without losing your capital is with a forex trading demo account.  Your broker will also provide this system for you with an account of “virtual” cash that you can trade at will using real time quotes and his trading platform.  Experts in forex trading have claimed to have spent months refining their trading strategy and gaining the confidence and consistency necessary for real-time trading.  Invest the time if you want to succeed, but be aware that there are no actual guarantees that past performance or historical data indicates future events or results.

Having a detailed trading plan is paramount to blocking emotional intervention during your trading experience.  Knowledge and experience are key factors for success, but controlling one’s emotions is, perhaps, more important in the long run.  Your mind can play tricks with you if allowed, undermining even the most secure decision-making process.  The stress of having real money on the line and having to respond decisively to a rapidly changing marketplace can easily overwhelm the unprepared.  Practice your trading plan until it can be repeated as if it were an ingrained habit.

Forex trading is high risk.  Knowledge, experience and emotional control can create a platform for ultimate success.

At first they were going to charge for it … but they have decided to start
the New Year by giving it away to all of their students, subscribers and readers.

Ot is just their way of saying “thank you” for your friendship, and to help you make this your best trading year.

There are no strings attached and you don’t have to “opt-in” to anything. Simply go to the site, download the PDF outline and then follow along with it as you watch the 3 videos (there is about one hour of training in all).

It’s there for you at the Top Dog Trading Blog

To access the course, just go to the front page of the blog and you’ll see the most recent post at the top of the page gives a quick introduction and then gives you the link to the course.

The post is entitled: “Top 20 Daytrader Secrets for Day Trading Stocks, Emini Day Trading, Forex and Other Markets.”

Just go to  Top Dog Trading Blog

yes it’s true, I’m giving my trading course away, as part of an experiment I’m running on Twitter, I’m sure you have heard of it?, if not visit http://www.twitter.com

Just visit:

http://www.topdogstrader.com/twitter/

and follow the simple instructions and you can download this great course on trading the futures market at no cost

but hurry, I’m not leaving this page up for long