Courses Infomation

Video Package (4.5 hours of Trading Psychology Videos) by Andrew Menaker

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.

Andrew Menaker – Trading Psychology Webinar
Genre: Economics and finances

Dr. Andrew Menaker is a psychologist (Ph.D. in clinical psychology, masters degree in experimental research psychology with an emphasis in sports psychology and performance enhancement).
He has been a psychological consultant and coach for financial professionals and institutional traders since 1995. Andrew is an active trader in several markets, his preferred instrument is the S&P 500 e-mini and other index futures. Andrew?s services as a consultant and coach are highly sought after.

Video 1: Acting in your own Best Interest.
An edited presentation to a group of traders in Las Vegas in April 2010.
Andrew draws from his personal experience as a trader and professional experience working with traders to show what works and what doesn?t work in trading psychology.

Video 2: The Search for Perfection and the Need for Precision.
This Video addresses how a strong need for perfectionism can negatively impact a trader. Learn practical techniques for overcoming this issue.

Video 3: Performance Anxiety.
All traders experience performance anxiety. Andrew discusses the differences between independent trading and OPM (Other Peoples Money).

Video 4: Tools for Managing Fear and Greed – Gratitude and Humility.
Gratitude and mindfulness are powerful tools to help you manage ego and emotions. More practical tips are provided.

Bonus Video: Develop Your Mental Edge by Dr. Andrew Menaker.

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 : Video Package (4.5 hours of Trading Psychology Videos) by Andrew Menaker

About Author

Executive coach for CEOs, entrepreneurs and traders.

Experienced trader, PhD in psychology, licensed clinical psychologist, global thought leader in trading and market psychology, consultant to banks, hedge funds, prop firms, and performance coach for executives, money managers and traders since 1995.

Effectively translates key concepts from behavioral finance and the latest neuroscience research into actionable techniques that improves trading and business performance.

Best known as an “intuitive coach”. Widely recognized as an expert in emotion management and intuitive and creative development.

Entertaining and insightful public speaker.

Profiled in the book – “Traders at Work: How the World’s Most Successful Traders Make Their Living in the Markets” by Tim Bourquin, founder of Traders Expo and traderinterviews.com

Featured in the book – “The PlayBook: An Inside Look at How to Think Like a Professional Trader” by Mike Bellafiore of SMB Capital

Interviewed in the Wall Street Journal, The New York Post, The Dow Jones News, and Smart Money magazine

Contributing author in the book, “Investor Behavior: The Psychology of Financial Planning and Investing” (Wiley Finance)

Current 1:1 coaching clients are among the top traders and money mgrs in the world.

Frequently invited to speak at conferences around the world.