Courses Infomation
Simpler Trading – Bread & Butter Butterflies Class
Simpler Trading – Bread & Butter Butterflies Class
Archive : Simpler Trading – Bread & Butter Butterflies Class
The one Butterfly Strategy you can use every month to secure your trade regardless of the market condition. This class will help you execute your trade confidently by understanding why and how the Bread & Butter Butterfly Strategy works.
What Will You Learn?
- How to Implement the Bread & Butter Butterfly Strategy in your monthly trade
- How and when to put on and take off your trade to maximize profit while minimizing risk
- How and why butterfly trades work so you can confidently execute your trade the next day
- How the Butterfly Strategy works on any account size and how you can save in commissions
Course Breakdown
Strategy Session: 2 hours and 9 minutes
About the Content Providers:
- About Bruce: Bruce is our Income Trading Specialist and devoted mentor. After spending many years on Wall Street managing institutional and retail accounts, we are lucky to have him trading in our Gold room most days. Bruce’s style is very versatile. Great for beginners, because he makes sure to give detailed explanations and also for experienced traders who are looking for new ideas. If you have a full-time job and can’t sit in front of the computer and watch markets all day, this is a great trading style for you.
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 : Simpler Trading – Bread & Butter Butterflies Class
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