Courses Infomation

Pristine – Paul Lange – Creating & Using a Trading Plan + Seven Steps to a Good Trade

Pristine – Paul Lange – Creating & Using a Trading Plan + Seven Steps to a Good Trade

Include:

• Pristine – Paul Lange – Creating & Using a Trading Plan
• Pristine – Paule Lange – Seven Steps to a Good Trade

Creating and Using a Trading Plan with Paul Lange 

“If you fail to plan, you plan to fail”; there is no place this saying is truer than in trading.

This DVD will help you understand why traders fail, how important it is to have a plan, and exactly how to write one.

Course Length: 2 Hours 23min

• The Need for a Trading Plan
• The Average Trader
• Psychology and Trading
• Benefits of a Trading Plan
• Components of a Trading Plan
• Follow Up
• Summary

Seven Steps to a Good Trade with Paul Lange 
This DVD covers a systematic approach to initiate a trade no matter what types of plays or time frame you play.

Paul covers critically important concepts that deal with some of the numbers of trading such as reward-to-risk ratios and share sizing. Understanding these numbers and following a systematic approach to initiating trades can make a big difference in your trading.

Course Length: 2 Hours 5min

• Having a Trading Plan
• Look for the Technical Picture
• Analyze the Risk To Reward
• Relative Strength and Timing
• Share Sizing
• Management
• Follow Up

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 : Pristine – Paul Lange – Creating & Using a Trading Plan + Seven Steps to a Good Trade

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