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Fast track your Forex success in just 10 seconds

by , 06 July 2015

With every venture you take, you need to keep tabs on it.

Whether you run your own trading account or follow a trader service, you need to know how your results are doing.

Ask yourself… Is your portfolio growing at a profitable rate? Or is it on a one-way street to bankruptcy.

When you're done reading this, you'll know exactly what to do to keep track of your Forex success in just 10 seconds a day.
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Urgent notice: Only 50 seats available

You’re invited to the first Forex 101 Workshop on 15 August 2015.

Timon Rossolimos will answer your common questions like:

-    How do I get started trading Forex?
-    How do I open an account with a Forex broker an which Forex broker is the best?
-    What are the best currency pairs I can trade?
-    Where can I find a demo account where I can trade Forex for FREE?
-    What is the best time-frame to trade Forex?
-    How does the Forex market work?
-    How do I make an income trading Forex?
-    Where can I find the best Forex trading strategies?
-    How much money do I need to start trading Forex?
-    How do I calculate my profit and loss when trading Forex?

And that’s exactly what Timon plans to answer on the day. It will be an absolute beginner, low price, step-by-step workshop to trading Forex.

There are only 50 seats available at this exclusive event and there’s high demand for this workshop.

So don’t waste another second and secure your seat at the first ever Forex 101 Workshop with your host Timon Rossolimos.

Reserve your seat now!
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 Jot down your Forex results with just four entries!

If you don’t write down your results, you won’t know if you have a good idea on whether you’re following a profitable strategy or not.

And that’s why you need to run your trading account, like you run your business.

Go to any successful business owner. He or she will tell you exactly how the company’s been performing over the years. And they’ll tell you what they plan to do to make the company excel in their performance.

You shouldn’t see it any different with trading.

You need that journal to track your Forex success, and that’s exactly what I’m going to give you today.

But before I do that, here’s what you should be recording in a Forex trading journal.
  • Date in (time) – The date that you got into your trade and the time (if you’re an intraday Forex trader)
  • Date out (time) – The date you got out of your trade and the time (If you’re an intraday Forex trader)
  • Currency pair – This will tell you the currency pair that you traded.
  • Profit and Loss in Pips – This will tell you how many pips you made or lost in the Forex trade.
OK so you know exactly what you have to jot into your Forex journal, now you need to look at the metrics.

Metric #1: P/L Acc – Profit and Loss Accumulative – This will add up the amount of pips you make/lose trading Forex.

Metric #2: Win rate – This will tell you out of how many trades were winners or losers. So if you have 6 winners and 4 losers, you have a 60% win rate out of the 10 trades you took.

Metric #3:Max profit – This will tell you your highest pip Forex trade made, which you can keep up to date with and be proud about.

Metric #4: Max loss – This metric is crucial. You need to know what your maximum loss was so you can use it as a bench mark going forward.
One of my mentors once told me this. “In time, your biggest gain is yet to come and your biggest loss is yet to come” Don’t be complacent with your winners and losers.

Metric #5: Average trade – You should know more or less, using your winning trading strategy, what your average gain is in pips. This metric will tell you more or less what you can expect from each trade.

Note: you need to have at least 20 tested trades (back tested or forward tested) to start understanding the metrics of your trading strategy.

And that’s it!

So where do you find this Forex journal?

I only want your Forex trading journey to be easy and profitable.

Over the last week, I’ve created a new, improved and easier tool for my Trading Tips readers, that can help you keep track of your Forex success. 

And the best news is...

It'll take only ten seconds of the day for plugging in those four variables for each trade!

Think about it!

No more paper!
No more calculators!
No more time wasted!

And, you can get this tool for free today! And don’t worry there’s no catch.

I just want your trading journey to be as easy and profitable as possible.

So if you’re ready to fast track your Forex success, click here and claim your T-Stats calculator right now!



Always keep in mind,

“Wisdom Yields Wealth”
 
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Timon Rossolimos

P.S. You’ve waited three years for it, and now I’m proud to announce for the first time ever at FSPInvest.co.za, it’s ready for you! Click here to find out what you’ve been waiting for!

Managing Editor: Trading Tips 
Head Analyst:     Red Hot Storm Trader
Author:              94 Top Trading Lessons of All Time
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Do you have a question of your own? Ask me personally on the InvestorsClub.co.za with this special link, and you could be featured in the next Trading Tips mail bag.


Ps Here is a VERY special video for you today: 
The Eurozone Debt Crisis: The next stock market crash (Part 1 of 3)

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Fast track your Forex success in just 10 seconds
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