Courses Infomation
Corey Halliday – How To Be a Profitable Forex Trader
Corey Halliday – How To Be a Profitable Forex Trader
- for all levels
- basic understanding of forex market
Trading in the financial markets is like a great game of chess. The amateur looks only at the board in front of them. The professional is already thinking 3 moves ahead. If we are going to trade well, then we have to be prepared for multiple outcomes. In other words, making money in the FX markets takes brains and not biceps.
This course on the “psychology” of trading is designed to give you the edge you need. There are things that you don’t know that can hurt you. We have learned that trading is really all about limiting losses from the “bad” trades. Maximizing rewards from the “good” trades. While that is a simple concept it is incredibly difficult to achieve. Why? Because our mental make-up gets in the way. We must first recognize how we feel and are likely to act under certain circumstances, be that a profitable or unprofitable trade. Once we recognize the error in our decision making process, we can start to take corrective actions.
I have studied and traded the financial markets for almost two (2) decades. I traded for a New York based firm and ran their options division. I have seen the best and worst of traders. I am 100% convinced that it all comes down to the “psychology” of the trader. I believe the concepts taught in this course are invaluable. They are the most important messages that I can share, enjoy!
- people who want to be successful in forex market
What is forex?
Quite simply, it’s the global market that allows one to trade two currencies against each other.
If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.
If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.
Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.
An exchange rate is the relative price of two currencies from two different countries.
You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!
You’ve exchanged one currency for another.
Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.
Currency Exchange
Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.
It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.
Salepage : Corey Halliday – How To Be a Profitable Forex Trader
About Author
Corey began trading the global markets in 2001 and actively trades equities, futures, forex, options, and index options. As the Chief Market Analyst for a publicly-traded company, he provides multiple trade strategies and leadership for his team of professionals consistently achieving returns that outperform the broad markets. In 2011 Corey developed a weekly trading strategy using SPX index options which have returned +390.6% from March of 2011 to current day.
Corey is the content creator for a variety of trading newsletters and author of complete investing courses targeted to professionals and individual traders. His content covers the full spectrum of market knowledge from the basic of investing essentials through advanced options and technical analysis. He has been recognized as a top instructor for two of the most popular online financial education courses and is responsible for teaching over 100,000 clients throughout the US and Canada!
Corey’s professional career includes successful positions as stock broker, Options Principal, Chief Market Analyst, financial education author and content creator. Corey has been Series 7 Licensed (General Securities Representative) and Series 4 Licensed (Options Principal). course produced by Todd Parker professional marketer and insurance agent
More From Categories : Forex – Trading & Investment
Curriculum:
157:”“;}}
Reviews
There are no reviews yet.