Courses Infomation

Scalping Webinar by John Carter & Hubert Senters

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.

Inlcude:

Scalping(Level 1) day trading seminar covers live trading
Tapereading
Scalping Webinar ( 4 Sections)

John Carter

John Carter’s father was a Morgan Stanley stock broker. One day during high school, John came home from the mall where he was working at a store making cookies. He had saved up $1000 over the course of a few months, and his dad told him that he and some of his friends were going to buy “some call options on Intel” the next day. Although he had no idea what they were talking about, it sounded good. He bought 10 call options at 75 cents, and sold them a few days later for $1.50, doubling his money. He was hooked and has been trading ever since–going on 20 years now.

After high school, John Carter studied at the University of Cambridge, England, then graduated from the University of Texas in Austin with degrees in History and Economics.

John Carter was never that intrigued by the brokerage side of the trading world. Instead, he liked to try and test various online trading strategies through college and well into his corporate jobs. He became quite adept at making money, though there were times when holding onto it turned out to be a problem. The road was not always easy and John learned his lessons the hard way like many day traders out there. If you’ve seen him speak at the Money Show or Traders Expos, then you’ve probably heard the story about “the house in Minnesota” which still makes him squirm just to talk about it and relive it to this day. After that experience, he came across Mark Douglas’s book, “The Disciplined Trader” and that helped to push him on the road to consistency.

John Carter eventually found a trading system he was satisfied with. He left corporate America to pursue full-time professional trading in 1998. After a few years of trading on his own, he eventually grew tired of day trading by himself in his office and chatting with his Arrowana (a large fish). He started to seek out other traders and post information online, which led to the launch of TradeTheMarkets.com.

John Carter today is a Commodity Trading Advisor with Razor Trading. Recently, McGraw Hill commissioned him to write a book entitled Mastering the Trade. Mastering the Trade by John F. Carter was released in January, 2006. Carter’s trading book soon climbed the charts at Amazon.com. Carter was also featured on ABC Money with his new online trading book “Mastering The Trade.”

Hubert Senters

Hubert Senters: Trader behind TradeTheMarkets

Hubert Senters was born in Paintsville, KY with an entrepreneurial personality that encouraged him to try out new businesses and careers paths.

Hubert left college in 1994 and headed off to launch a successful mobile on-site fleet maintenance company. His new business provided complete preventative maintenance, mechanical repairs to large and small companies. Eventually Hubert was managing 32 employees and running revenue of $4.8 million per year. This successful venture of Hubert’s was ultimately acquired by one of the leading national oil companies.

Hubert Senters was in the process of building this organization when he met the David (Transmission shop chain owner). Hubert had worked with David in the past but thought nothing else of it. One day, David invited Hubert to his office to watch him day trade. Hubert was intrigued by the offer and visited David and watched him make money by the minute. Four hours later, Senters was hooked to day trading online. After watching David make eighteen thousand dollars in that short period of time, Hubert knew he had to know more about what made the trading market work. Hubert departed on a journey to learn all he could about day trading.

Hubert Senters continued to sit next to his new day trading mentor every day for a year. He was determined to learn all that his mentor knew of the stock market and decipher how he read the market. Hubert maintained the same discipline he teaches today. He did not place his first trade until one year later. Over the next 18 months Hubert helped David manage $25 thousand and turn it into $862 thousand before taking a 20% drawdown. Once Hubert started trading, there was no turning back. He had found his niche.

Hubert Senters eventually sold his fleet maintenance company and went into online trading full time. Hubert has been online trading ever since for the last 10 years.

Hubert Senters launched TradetheMarkets.com in 2000 with John Carter. He is often heard calling out his trades live in ourday trading chat room. Hubert Senters has garnered a loyal trading community following with his keen sense of the trading markets, his frank teaching style, and his willingness to help others learn from him.

Hubert Senters is a professional day trader and successful entrepreneur. His philosophy is that, “If you want to achieve something in life, find someone who is good that what you want to do and and learn everything they know about it.” That very philosophy has made Hubert Senters a successful day trader today. Hubert is a firm believer that you need to have your own style and method of trading that works for you.

Hubert’s favorite indicator is the Senters squeeze indicator which he uses on a daily basis. Hubert uses the Squeeze to systematically catch volatility and know the market direction. Hubert has found that trading with the squeeze indicator provides him with reliability, consistency and the potential for profitability while day trading. For him, the squeeze indicator does not require an extensive amount of judgment, thought or time and therefore, minimizes stress while trading the markets.

Hubert Senters’ goal is to achieve a comfortable lifestyle, put money away for the future, and have time to enjoy life, family and friends. When he’s not trading, he takes photos of his three kids playing sports, upgrades his trading hardware, and searches Google for the latest trading software and trading technology.

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.

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 : Scalping Webinar by John Carter & Hubert Senters