Courses Infomation
Fine Tuning Your Money Management Skills & Controlling Your Trade Risk by ART Trading
Fine Tuning Your Money Management Skills & Controlling Your Trade Risk by ART Trading
Forex Trading – Foreign Exchange Course
You want to learn about Forex?
Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
Over 13 Hours Of Recording Webcast!!! During the Advanced Class Recorded Webcasts you will learn specific advanced trading skills to enhance your trading using the ART® Trading Software. These classes are presented by Bennett McDowell, the creator of Applied Reality Trading®. Classes are approximately one-hour in length.
You will receive direct online links to the following video classes. Each class is approximately one hour long:
The 13 Recorded Webcast Topics:
1) “Learn Our Unique Way Of Using The ‘Relative
Strength Indicator’ (RSI) & How We Use It To
Filter Trades and Help Us Scale-In & Out Of
Trend Trades”
2) “Manage Trend Trades Using The ART® Trading
Software To Scale-Into & Scale-Out Of Trends To
Increase Profits While Maintaining Strict Risk
Control”
3) “Using Multiple Time Frames To Filter Trades &
Increase Profits”
4) “How We Count & Trade The Elliott Wave And Use
The ART® Software to Add Structure To Your
Elliott Wave Trading”
5) “How To Use The ART® Software In Non-Trending
Markets & How To Adjust The ART® Software
Settings”
6) “Fine Tuning Your Money Management Skills
& Controlling Your Trade Risk”
7) “Using The NQ-SP Spread & The Price Oscillator
Histogram To Filter Trades”
8) “Using ‘On Balance Volume’ (OBV) & The
Accumulation/Distribution Indicator To Filter
Trades”
9) “Alternate Exit Strategies & Reality-Based Stop
Loss Placement”
10) “How To Best Use Stock Sector Analysis To
Select The Best Trades”
11) “Managing The Psychological Side Of Trading”
12) “All About The S&P and NASDAQ-100 E-Mini:
Including Trading These Markets Using the
ART® Trading Software”
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 : Fine Tuning Your Money Management Skills & Controlling Your Trade Risk by ART Trading
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