Your Forex Wealth Club Training is designed to match your current level of skill and experience, from beginner to advanced. If you're just starting out, the course is presented sequentially so you can lay the proper foundation in key concepts before continuing to more advanced topics.
Each module begins with a brief overview of what you will know once you've finished. For more advanced users, the course is searchable to allow you to brush up on key points and sharpen your skills in any unfamiliar areas.
Forex Wealth Club's training and support are designed to accommodate your learning style. The video library is constantly being expanded to include beginner tutorials, as well as more advanced subjects
Forex Wealth Club Comprehensive Training includes:
Module 1 FOREX BASICS
Speaking in FX
You've heard about Forex and the FX market, but if you don't have a firm grasp of key concepts like spot exchange, currency futures, and cross rates, your career as a trader is dead in the water.
Module 1 gives you a solid foundation so you're speaking like an FX pro in no time. All it takes is a few minutes of focus each day, and you're on your way!
Forex Moneymaking Blueprint
Hit the ground running with a clear picture of how professional traders get leverage without exposure to dangerous levels of risk.
You'll understand the importance of daily trading fluctuations as important markets open and close each 24-hour period.
Discover how choosing highly liquid currencies at their highest volume leads to tighter spreads and greater transparency.
The 24-hour FX cycle means exchange rates and market conditions can swing wildly at any time. Find out how to level the playing field and put yourself on equal footing with institutional traders under any conditions.
Module 2 BROKERS
Critical Success Keys in Choosing an Online Broker
What's the Buzz about Your Broker?
Reading online forums can give you a good idea of whether a particular broker is right for you, but DON'T believe everything you read. You'll discover how to sift through a potential broker's good and bad reviews and find out the real truth about any broker you're considering.
First Appearances ARE Important
You'll know how to evaluate a broker's website and get an idea of how much a broker values his or her customers.
Is the site easy to navigate? What kinds of educational materials are offered? If a broker has put in the time and effort to create a great user experience for you, the customer, it's more likely you've got a winner you'll want to stay with. We'll show you what to look for to avoid making a mistake.
Broker Agreement Warning Signs - Traders, Beware!
Do you know what to look for in a broker agreement? If you don't understand the wording in your broker's agreement, WALK AWAY. Learn about the warning signs before it's too late.
And those are only three of the eight BIG items on the Broker Selection Checklist from Forex Wealth Club's Tutorial Series.
We'll also cover:
Broker Availability - Why your broker must be working when you're trading, and how to make sure he or she is.
Fees and Rollover Margins - These are NOT standard! We'll show you how to "survey the market" to make sure you're not surprised by hidden fees.
Minimum Initial Investments - How to make sure you don't take on dangerous levels of leverage.
Pip Requirements - Remember that smaller is almost ALWAYS better, but there may be other factors to consider.
Major Currency Availability - If your broker doesn't deal in the major currencies, you're taking a big risk that it may be seriously undercapitalized. This is a big warning sign!
Module 3 - Demo Accounts - Training or False Security?
Demo trading is a great way to learn strategy, but too many new traders are shocked when "demo success" leads to real-world disaster.
We'll give you the "down and dirty" on demo accounts and show you how to avoid the false sense of security that most demo rookies acquire.
Module 4 - How to Win with Currency Pairing
Don't get caught in the "Fundamental/Technical" analysis squeeze. We'll show you how combining fundamental and technical analysis gives you the most complete picture and allows you to make the best decisions for maximizing your profitable trades.
Module 5 - Understanding Order Types
To succeed in FX trading, every trader must have a detailed understanding of order types. But that isn't enough! Proper formulation and execution of orders are the biggest factors in your success or failure.
Brokers aren't looking out for your best interests - and even some well-known brokers engage in bucketing.
We'll show you how to protect yourself with a thorough understanding of Market, Limit and Stop Orders and their proper execution.
Module 6 - Profit/Loss Calculation
Don't get caught in the heat of a trade without knowing your profit/loss numbers at all times.
We'll show you how to track profit and loss throughout the trading cycle... and how to make sure you're always getting real-time information at any point in a transaction.
And really, you're just getting started, because we've packed these 12 comprehensive modules with EVERYTHING you need to go from green rookie to seasoned FX pro in just a few short weeks. Our materials include detailed discussions of....
Module 7 - Financial Analysis
Get the tools you need to sharpen your skills for spotting valuation misalignments that can help you make a killing while others stand on the sidelines OR warn you to get out when your positions may put you at a disadvantage.
Of course we'll cover the broad mainstream approaches, like Purchasing Power Parity, Balance of Payments, and Monetary and Portfolio Balance approaches. But you'll also discover how scanning the headlines and financial services for seemingly innocent news items can put you ahead of 93% of most independent traders in the FX market today.
Module 8 - Technical Analysis
We'll show you our technical analysis secrets for following technical price action like the pros. You'll discover how a properly structured technical approach, in combination with solid fundamentals, can lead you to unbeatable profits.
And that's not all....
....Because we also recognize you are unique. Not everyone has an extra $30,000 they can play with in the FX markets to start out.
In Module 9 we break down short-, medium- and long-term strategies that help you maximize the capital you have now with an eye to reinvesting for even bigger trades in the future.
We'll help you get the all-important "Traders' Mindset in
Modules 10 and 11 and show you the small changes you can make starting today that will keep you from making undisciplined, dangerous moves that could ruin your trading career.
Finally, in Module 12 , we'll share our team's four most powerful trading strategies, which are available only to Forex Wealth Club Insiders. These strategies have been carefully formulated, tested and PROVEN to work under any market conditions to maximize your profit while leaving your exposure at a minimum.
Taken as a whole, this basic course is all you need begin trading with total confidence as you exploit the largest financial market in the world.
