TradeSafe, LLC was founded in 2001 to provide a comprehensive solution for traders who are seeking not only a rules-based mechanical system approach to day trading the markets, but also a complete course in how to be a professional day trader. To ensure highest probability of success, professional grade coaching is included. Too many traders think that they can buy a trading solution “off the shelf” and begin trading successfully. The so-called Holy Grail of trading is not some method or indicator, it is consistency itself. This is borne out when you consider that trading success has proven so elusive that more than 90% of all traders eventually fail. There is an old song with the refrain “she’s buying the stairway to heaven” that truly applies in this situation. Too many traders start out assuming that because they were successful in their career or some other endeavor; they assume this will easily translate into trading success. Trading is not rocket science, but it is very challenging if you are not properly trained nor have the best tools. At TradeSafe you will find the very best trading tools and personalized coaching to give you the highest odds of success in competing in a zero sum game. Our approach is simple and straightforward, but thorough and rigorous. To compete successfully and win, you need a thoroughly tested mechanical system as well as diamond hard discipline to execute consistently. You will find both here.

Michael Guess

Michael began his trading career more than 20 years ago when he started trading NASDAQ stocks as a SOES trader in what were known as “prop shops.” He eventually migrated to trading directly to the pit for the S&P 500 Index when a point was worth $500. When the first emini contract was created he had already developed the foundation for what was to become the TradeSafe System. He’s traded all of the major mini indexes, learning the personalities of each one. Additionally, Michael has both swing traded and day traded nearly all major futures and commodities as well as Forex and equities. As president of a nationally recognized trading group in Austin, Texas (Austin Association of Financial Traders) he was often approached to teach his methodology. Over the years he has coached more than 2000 students from all around the globe. Throughout this period, Michael has developed mechanical systems and tested scores of  trading tools such as charting programs, data feeds, the first electronic order entry platform and virtually every type since then. Several times a year he has taught a day trading course at a major university. Michael has also been an entrepreneur, owning several businesses. His background as a therapist and trainer equips him to offer cutting edge tools that traders can use themselves so they can maintain diamond-hard discipline in their trading. Michael is dedicated to providing the most comprehensive array of trading resources you can use to transform your current trading into a successful trading business, the TradeSafe Way!

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.