Forex Trading Info » Top Dog Trading

Learning Currency Trading?

ghost — Sat, 21 Nov 2009 20:27:58 +0000

One of the most significant problems facing beginners to the Forex market, is the feeling that it is straight forward. This perception can be your undoing, I know, because we fell foul of it ourselves and it cost us a large share of our account.

It doesn’t matter how you approach Forex trading, you need to have some sort of core understanding of what is going on. There are a number of factors that effect the market, and having an idea of what they are and how they impact the charts, will help you make educated decisions about your trading strategies.

The Top Dog training system I talk about in the video, has been the difference in us going out backwards until there was nothing left, to now, where most or our trades make good money.

Yes there is a vast range of tutoring material out there, much is grossly over priced for what they offer. All too often, they leave out certain critical elements and the training is focused on only one market. If a trading system can be used in virtually any market, Forex, Options, Futures, Commodities etc, I firmly believe it has to present a very thorough understanding of market dynamics.

Probably the biggest thing you have to consider is; are you prepared to risk your hard earned cash in a venture you probably know very little about. Historically the Forex market has been shown to take no hostages, nothing about it is kind to the ignorant.

Profitable trading strategies and minimising your risk is what Dr Barry Burns course teaches, you can use his strategies on any market. So try before you buy, get his Free 5 day Video Course, and see what it has to offer, you’ll be pleasantly surprised. Not only that, but this course will show you some strategies which will allow you to grab some profits while you are learning.

Learning to trade Forex?

ghost — Wed, 28 Oct 2009 06:50:46 +0000

Top Dog Trading Review

Free 5 Day Video Trading Course

One of the most significant problems facing newcomers to the Forex market, is the feeling that it is easy. This perception is very costly, I know, because we fell into the same trap and it lost us a more than we care to remember.

It doesn’t matter how you approach Forex trading, you need to have a basic knowledge of what is going on. There are a variety of factors that influence the market, and having an idea of what they are and how they may influence the charts, will make a significant difference to your trading success.

The Top Dog training system I discuss in the video, has been the difference in us going out backwards until there was nothing left, to now, where most or our trades make good money.

Yes there is a heap of tutoring material out there, much is grossly over priced for what they offer. All too often, they leave out certain critical elements and the training is focused on only one market. If a trading system can be used in virtually any market, Forex, Options, Futures, Commodities etc, I firmly believe it has to present a very comprehensive understanding of market dynamics.

I suppose what you have to think about, is should you risk your hard earned cash before you have even a basic knowledge of what Forex is all about, or do you get some basic knowledge and minimise your risk. A lack of knowledge can be very costly, with no comeback policy.

This is what Dr Barry Burns course teaches and it will reduce your financial risk considerably, you can use his strategies on any market. So try before you buy, pick up his Free 5 day Video Course, and see what it has to offer, you’ll be pleasantly surprised.

Risk and Your Forex Trading Style

ghost — Sun, 11 Oct 2009 23:41:32 +0000

The most critical part of any type of investing, is understanding your personal risk tolerance. Without a good comprehension of this, the chances of you loosing everything are very high. Each type of Forex trade carries its own risk parameters and these your choice will be defined by your risk tolerance. Then there is your style of trading, conservative, moderate, and aggressive.

At the beginning you may decide to trade a day chart. The trading movement over a day can be hundreds of pips, so when you select your stop-loss position you have to assess what your drawdown limits are. If your money management stipulates a 3% funds exposure, you will get into problems on day charts unless your account is large.

The 5M or 30M charts maybe more appropriate since the pip movement tends to be smaller, so your stop placements can fall within your management margins.

Yes, we all want good returns from out trades, but jeopardising ones account to wide stop positions and excessive draw-downs is going to wipe out your account and trading career in no time at all.

A practical risk level is 3% or $300 on a $10,000 account. Convert this to pips, 1 standard lot ($100,000) has a pip value of $10 so if you trade end of day and your stop loss positioning, whether count-back or support and resistance or any other, indicates a 100 pip stop position, then you are not risking 3% but 30%! Three wrong trades and your account has vaporised!

An aggressive trader is open to taking riskier trades that a conservative trader. Their tendency is to expose larger amounts of money in riskier trades with the hope of achieving larger returns – often over longer trading time frames but they may still use the similar strategies for shorter times as well. Very much the ’all risk’ trader.

So where do you think you sit? Are you a highly controlled trader with correct money management and risk rates, or a trader that will take exaggerated risks for big gains? If you are the latter, you won’t be around for long, that’s a guarantee.

If any of this leaves you a bit confused, you need to understand what you are about to do with your hard earned funds, so begin by getting your Forex training with Top Dog Trading, you will learn an enormous amount and it will help you trade with safety to win pips not risk everything.

Never trade without having all of the facts! Click Here To Get Your FREE Five Day Video Trading Course

Learn Forex Trading: Top Dog Trading Review

ghost — Sat, 18 Jul 2009 15:34:12 +0000

Top Dog Trading Review

FREE 5 Day Video Trading Course

I recently become interested in trading Forex markets, I quickly realised that fundamental analysis was not for me, but interpreting charts and their patterns was something I could get my head around. Google ‘Technical Analysis’ on the www and you will be inundated with what’s available, but after much investigation I discovered Top Dog Trading.

What made me decide to take this course to learn Forex trading?…. A number of things besides the overwhelming need to improve my trading and to halt my run of losing trades; was that I understood what Dr Barry Burns was imparting on his website and much or the instruction is explained on plenty of videos which makes it much easier to follow his chart interpretations. The other mandatory criteria for me is the background of the teacher and creator of the training materials. Barry’s CV is impressive, a business man who treats trading as a business, he is also a accomplished speaker and writer.

So I signed up for his free 5 video course to see if I could learn from his teaching style.

Before this, I had completed several other courses on technical analysis for Forex trading but cannot say that I really gained the understanding of trading that would minimise my trading losses, all that has change having met Dr Barry Burns, now I am comfortable with the trading strategies I have learnt.

Having completed Barry’s courses I have not only become comfortable in how to trade his methods but also embraced a far deeper comprehension of the Forex market & the charts but more critically the money management and personal attitudes that are such an important part of becoming a profitable Forex trader.

In his courses Barry explains the principals simply and clearly, then gives upto date chart examples with all their erratic moves showing how to turn the rules into profitable trades. This is all explained via an expansive selection of videos.

Provided you follow the principals Barry explores, you will end up with a very profitable ratio of wins to losses with tight control on the losses, so when one does a trade that goes against you (which even the best traders do) the financial pain is not too severe.

Barry’s teachings are the best Forex trading courses that I have found and I would highly recommend that you give his FREE course a try. This tutorial has 5 videos that introduce you to some of the most powerful trading material I’ve ever seen.

I personally took the course, loved it, and learned a lot from it and have progressed to Barry’s more advanced courses. My wish to learn Forex trading has turned out to be very profitable.

Try the Free 5 Day Video Trading Course for yourself: