By Greg Secker Copyright 2010, All Rights Reserved Clearly understand this: Information contained in this product is not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. Trading is not suitable for all persons. You should consult your professional, licensed, financial advisor before making any financial or investment decisions. Knowledge to Action Ltd does not give advice. Knowledge to Action Ltd provides education only. The past performance of any trading system or methodology is not necessarily indicative of future results, and this does not guarantee profits or prevention of loss. The purchase, sale or advice regarding a currency can only be performed by a licensed Broker/Dealer. Neither Knowledge to Action Ltd, nor any of its affiliates involved in the production and maintenance of these products or this site, is a registered Broker/Dealer or Investment Advisor in any State or Federally-sanctioned jurisdiction. All purchasers of products referenced at this site are encouraged to consult with a licensed representative of their choice regarding any particular trade or trading strategy. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional, who will verify what is suitable for your particular needs & circumstances. Failure to seek detailed professional personally tailored advice prior to acting could lead to you acting contrary to your own best interests & could lead to losses of capital. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. All rights reserved. This Document may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, in part or in whole, without explicit written permission of Knowledge to Action Ltd; except where permitted by law.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
Contents
What is Forex? Why Trade Forex? How to Enter Trades for Profit How to Manage the RISK – PRECISELY! 11 CRITICAL Steps for Timing Entry and Exit Points Psychology and Price Action – EXPOSED Sssshhh – Don’t TELL ANYONE ABOUT THIS!
PLUS My Top 5 Tips for a Successful Trading Career
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
Ultimate Forex Trading Secrets 7 Battle Tested Tactics to UNLIMITED Trading Profits Before we get started…….. Who the hell is Greg Secker? That’s me on the right – on our trading floor in London, England. I own the multi-million pound Knowledge to Action group which runs LiveTradingFloor ™ and Traders University® - the UK’s first multi-award winning private trader coaching company.
We’ve had over 50,000 people attend our various trading seminars and workshops – why? Because what we teach works! We teach people just like you how to produce a solid income trading the stock and currency markets – and over 90% of these people are literally beginners – often starting with less than $5000! I learned how to trade Forex first. In fact Forex has always been my first love and my main love. It all started back in the mid-nineties after I graduated from University and joined the Thomas Cook Financial Services group, as a young, keen (perhaps a little over zealous) lad out of school and into their technology department. I worked hard and demonstrated aptitude and quickly realised that the money being made in this place wasn’t the holiday business – but the lucrative Foreign Exchange business. And then a twist of fate happened – the internet was becoming more popular, the world wanted to trade online and I was involved in a project called “the Virtual Trading Desk”, which was to become the world’s first internet based Forex Trading platform – allowing treasury departments across the globe to transact in Forex at the touch of a button. To make this project a reality, I had to learn everything about Foreign Exchange – I trained with traders from London, New York, Toronto,
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
Australasia. They taught me how the rates were constructed, what influenced the currency movements, how they traded the flow, and a complete insider view on fundamental influences, news, politics and of course technical (charts). I witnessed billions of dollars being dealt and millions being made. And I fell in love with Forex trading right there and then. Within months, I had moved out of technology and I was running the Forex trading and operations business out of Toronto, Canada for the Virtual Trading Desk. This was such a revolution in the Foreign Exchange world, if you remember the Euro, the ERM (Exchange rate mechanism) was all to come...this was pre-2000 (and the millennium bug!). We were so far ahead of our time, we won multiple awards for this innovation - beating the likes of arclays and Charles Schwab – we had realime Forex Trading and on else did.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
This early success in my career, got me hooked on trading Forex. I could see what it could do, I was in awe of the sheer size and scale. If the UK Stock market was a paddling pool – this was the Atlantic Ocean! Because of my success with the Virtual Trading Desk, I was soon gobbled up by a big US Bank (my signing bonus was more than my salary from my previous job and, as you can imagine, my parents were ecstatic!). I was now a Vice President in the Foreign Exchange business for a major investment bank (Mellon Financial Corporation) in the United States, not bad for a guy in his early twenties! Here I was lucky enough to be working around some of the very best traders in the world – I had exclusive access working with high powered Forex traders every single day. Not the ‘big names’ (i.e. Soros, Buffet etc) you hear bandied around the Internet and in the media - but the real Forex traders who quietly toil away day after day, bringing in multi-million dollar fortunes for the investment banks, proprietary trading floors and hedge funds they work for. Making money trading flourished - and it was at this time that I stumbled upon a concept that led to a complete shift in my thinking. Up until this point, I had worked hard, I had won awards for my degree’s at university and there I was at 24 – with a six figure salary and a vicepresidency in a major US bank – yet I was (in my language) a salary slave. Yes I had great bonuses, yes I had a fantastic salary – but boy did I have to put the hours in. Whilst all the time, my trading account was beating my salary into a pulp. I realised that I, and most people live in a world where “TIME = MONEY”. In other words, the harder I worked the more money I made. Ask anyone how to quadruple their income and their brain asks “How can I work four times harder?”. Trading changed all of that for me. I didn’t just learn how to make money trading, from my years working on trading floors around the world – I completely changed my perception of money, wealth and time. I discovered that when you learn how to trade successfully, your perception of
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
money changes forever. Through Investing and Trading (where your money works while you don’t), I realised I could make exponential income and that in this case, time is disproportionately related to money. I realised that “Money Makes Money” – and when you don’t just understand that, but you know that (meaning you do it) – Life changes, it literally takes on new meaning. How? You feel lighter, less stressed, less worried, different – somewhat nonchalant - it’s like the big struggle is over... So I continued trading, learning new strategies, testing everything I came into contact with. I proofed my strategies with the traders at work, at my bank and at other banks. I realised that technical analysis (pouring over charts) is for academics – and that ‘strategies’ (specific rules for entering and exiting profitable trades) is what the game is all about. This was where the money came from, and before long it was obvious to me that I did not need to be a salary slave anymore. Don’t get me wrong – this wasn’t easy, I certainly have the scars (both emotional and financial) and I definitely learned the hard way, for example I have no shame in telling you that I burned seven trading accounts along the way. We all have our own journeys to experience, mine led me to the realisation that i could try and gamble this market – or i could use strategies that professionals use and that work. I am reminded of this nearly every day. When I look at the outer-ring of a British two pound coin, the inscription reads “Standing on the Shoulders of Giants” The words were taken from a letter written in 1676 by Isaac Newton to his fellow scientist Robert Hooke, acknowledging the debt he owed to others, 'if I have seen further it is by standing on the shoulders of giants' Meaning, the fastest and most efficient way to success is to use the tools that others have discovered before us, and use them to our benefit. I decided that if Sir Isaac Newton can acknowledge this, so can I. The Latin is “nanos gigantum humeris insidentes” meaning : "One who develops future intellectual pursuits by understanding the research and works created by notable
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
thinkers of the past”. After I officially retired from work at 28– I decided to set up a trading floor, from my home. Since those early days, I have been passionately sharing the ‘secrets’ with everyone I have come into contact with. At first it was friends and family – but before I knew it, I had 17 people camping out at my house trading on my lounge floor, and Knowledge to Action® was born in only 3 short months. My partner suggested that seeing as I was so passionate about teaching people to trade, I should move the students (the cult!) out of the house and form a proper school – and that is exactly what we did. Today, only five years later I have spoken on almost all major market channels including CNBC and Bloomberg.
I also headline the major investment events (IX, Euromoney and Master-Investor to name a few) and personally own one of the highest performing private trading floors in London. It employs full time traders executing the very strategies I discovered on my travels around the trading floors of the world, and which I now impart to new traders who are committed to making this work for them too.
I’m regularly invited to speak alongside well renowned personalities such as Robert Kiyosaki (Rich Dad, Poor Dad), T Harv Eker (Secrets of the Millionaire Mind) and most recently Tony Blair (Prime Minister, Great Britain 1997-2007). My most recent speaking engagements include teaching at the Anthony Robbins Wealth Mastery rogramme and The National Achievers Congress in Asia.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
The success of the graduates (which combine instruction and, importantly, coaching) has led to being written about in two books: Bets in the City by Sally Nicoll – where I turned the author’s trading career around, and she attributes her trading success to our programme Instant Intuition by Anne Jirsch – a well known psychic who researched my extraordinary trading profits – to discover if it was based on ‘some god given gut feel’ or ‘little known but easy to use strategies’….(hint: it’s not the former!)
I have been begged to show my Forex Trading Tactics to my graduates For the last five years, my students have pleaded with me to teach them to trade Forex. Most of my graduates who have attended my Traders University programme become so expert at trading that they give up on technical analysis altogether. What I mean here is, they only trade strategies. The strategies for trading stocks that I teach are legendary, and have been written about in best sellers, featured on popular news programmes and TV chat shows. The question from my graduates became “Show us the strategies for trading Forex!”. When I sat down to write what I do in Forex – it literally took me six months. After distilling the programme down so a lay person could understand it, it took another six months. Finally Ultimate Forex™ was finished and the three strategies, namely: Ultimate Forex Pivots™, Ultimate Forex Sniper Trade™ and the Forex Income Generator™ are the three critical cornerstones in creating an income from the Forex markets today and the central strategies to Ultimate Forex™
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
Now... For the first time ever I have decided to ‘spill my guts’ – if you’ll excuse the expression. Up until now, only a small group have been able to access these strategies. We restrict ourselves to running only a small number of seminars per year, and everyone we teach undergoes a Live trader coaching programme to ensure they start and continue to trade successfully.
So now, I want as many people around the world to benefit from this. In this report I am taking a few of the most important principles that I have learned and I want to share them with you – FOR FREE! Why? - Because no-one else does. Check this out….it’s true.
I have always regarded myself as a pioneer. I was the first person to bring professional 1-on-1 trader coaching to the UK – before I started trader coaching there were just one or two stock market training companies – you know the drill, a lot of hype and little substance. I have completely revolutionised the private trader coaching industry in the UK – and for this I received critical acclaim – and I’ve shaken the establishment! I was also the first (and still only) trading educator to put my neck on the block – by launching a LIVE trading floor where we actually published the actual trading accounts and results of our traders.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
NO ONE DOES THIS. Why? In my honest opinion, most trainers are not traders – you know the adage, those who can - do, and those who can’t - teach? Most are just publishers. Period. We prove our results and we have beaten every international benchmark since we started. There is no arguing with that – still weasels will whinge, whine and moan. Whatever! This will really upset them…..because I am giving you some of the best tools…..FOR FREE!
Yes! - I am betting you’ll love what I have to teach you……FOR FREE. I’m also betting you’ll become a RAVING FAN….and I truly believe one day you’ll either attend one of my trading events at our trading floor or participate in a private 1-on-1 trader coaching programme – as we know, this is where REAL results are made. However, if you just want to grab the tools for FREE, presented here in this document….be my guest. Seriously, no love lost. Take them with my blessing and pass them on to your friends. I have nothing to lose. If you are serious – attend Ultimate Forex™ and have your hand held through the trading process and do what I did “STAND ON THE SHOULDERS OF GIANTS” – THERE IS NO SUBSTITUTE FOR LIVE ONE ON ONE TRADER COACHING WITH STRATEGIES - if you are serious about producing a secure income stream and have always wanted to know exactly how to do this properly and consistently – then speak to my team and get registered – I guarantee you will not look back!
….any way…without further ado ... let’s get STARTED!
Forex Trading Pays Off: Greg Secker’s Project Aston Martin DB9S
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
What is the Forex Market? What is the fuss all about? The Foreign Exchange market, or Forex or FX Market is literally the largest most liquid market place in the world. This is the playground of the Millionaire and even Billionaire trader. In Forex you can literally create millions for yourself, if you use proper professional trading strategies. This marketplace has both the leverage and the accuracy to transform your trading career. At time of writing the Forex trades about $3 trillion dollars every single day. That’s more than the every single asset class combined (i.e. more than the bond, stock, equity markets together!). The sheer size of this marketplace means that, unlike trading stocks, you can easily execute your trades at any time and get extremely tight spreads on your trading. This means the cost of dealing is low and the also the more you trade the cost stays fixed – so unlike stocks where you would expect the price to move the larger the order (as brokers have to source enough stock for you to trade), the Forex markets are completely liquid and therefore are
For this reason alone, Forex is the self-selected marketplace of choice of the Millionaire trader, due to its speed, efficiency, transparency and clarity of signal.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
The More People, the Better the Signal... For trading signals and strategies to actually work out, we need lots of traders to be agreeing with the signal. Therefore participation is key! Given that Forex is the most participated market in the world, you can be sure that the signals are the clearest of any marketplace. If you have ever traded an ill-liquid stock in the past using technical analysis – you will know exactly what i mean. Illiquid stocks only need one participant to ruin an otherwise perfect technical setup. Due to magnitude of the Forex market, this noise from one or two individuals is smoothed out because of the sheer size - again. This translates into reliable signals. The power comes when your trading strategies are reliant on trading these clear signals. What you are looking at below is a chart of the EURUSD. You are looking at Pivot lines below (we’ll talk more about these later on), just for now notice how the price bounces ever so accurately off these lines. Trading Strategies that work, are those which use these type of clear undeniable trading signals.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
Why Trade Forex? The Market that Never Sleeps First of all, time – your time! This is a 24 hour marketplace, it never sleeps. This means that you can trade when you want. If you are an early bird, you will find setups on the major currencies at 7am. If you are a night owl, you’ll find setups in the evening. The point is this, you will soon find the time frame and the currencies to monitor and you place the trades when you are available. On Ultimate Forex™ programme you will discover which strategies to trade and when. Most traders think that the big money is made trying to scalp Forex – nothing could be further from the truth. The big money is made in Forex by setting up end-of-day trading strategies and letting these positions just run and run and bring you hundreds and thousands of pips.
There are NO Gaps in the Forex market Unlike the Stock market – the Forex market does not gap. A gap is a space on a chart where no trading takes place, leaving literally a physical white space on the chart. This is dangerous. If you have bought some shares in a company only to discover a week later that the company is having problems and releases a profit warning. The gap could be 10%, and unless you are using a guaranteed stop loss you would take a whopping 10% loss on the trade. Now this is well known to stock traders and it is considered ‘market risk’. However, in the Forex market this risk does not exist. The Forex market is completely seamless – in other words there are no gaps (except from Friday evening to Sunday evening when there are no trades). This means you can trade the market non-stop without the fear of getting ‘gapped-out’ of your trade. Look at the following diagram, in this example investors holding Yell Group would have got a nasty surprise when they learned of the accounting blunders and the stock gaps down over 10% overnight.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
Spreads are Fixed, keeping your dealing costs in check The price at what you buy and sell is important. If there is a big difference between what is costs you to buy something and immediately sell it back to the market – it only follows that this contributes to a high cost of dealing. In stocks, the difference between what you can buy and sell your stocks (the spread) is controlled almost exclusively by market makers. The spread changes often, and is a reflection of the amount of stock available at any given time. If there are lots of buyers and sellers then clearly the dealing risk is lower for the broker and this results in tighter spreads to the customer. Take a look at the following example. You can see the spread on Gregg’s the Bakers is 80 points. That is because Greggs is not a heavily traded stock ( you don’t get many people buying a stock that is $33 a share) and therefore the spread is wide. This is because Greggs doesn’t split it’s stock, it wants to attract long term investors who are interested in the dividend it pays out for holding the stock. A trader then would have to pay 80 points just to get into the trade. At $10/pt this puts the trade at a -$800 loss just on trade entry.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
However in the Forex market, the spread is unaffected by market conditions. The spread is always fixed, so you always know exactly what prices you are dealing at. Why? There are, as said before – no size restrictions in the Forex markets.
Trading Forex 101 Unlike stocks and futures that trade through central exchanges, most Forex trading takes place through the interbank market and is facilitated by market makers that include major banks as well as small to large brokerage firms. It is difficult therefore to measure the volume traded on any currency at any time, as it is not registered through a central exchange – but most good data providers can give pretty good estimates. Forex trading involves trading currency pairs such as the EUR/USD pair (Eurodollar/US dollar pair) where a buyer of this pair would actually be buying the Eurodollar and simultaneously selling short the US dollar. There is always two currencies in every pair, a BASE and a TERMS. The BASE is always the first currency in the pair and is always equal to 1. The second currency in the pair is the TERMS and this
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
tells you what the how much currency you could buy for 1 unit of the BASE currency. For example, if EURUSD is trading at 1.3710, it means 1 Euro is worth 1.3710 US Dollars.
When the exchange rate rises, the ‘terms currency’ is weakening against the base, and the base is obviously increasing against the terms. Currency trading is the simultaneous buying of one currency and selling of the other.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
How to Enter Trades for Profit Trade in the Direction of the Trend – Wait for the pull back. We must never trade against the trend. Whether we are trading currencies, stocks, commodities or the indices – we must always trade Long (Buy) when the chart is moving upwards and Short (Sell) when the chart is moving downwards. To consistently reap short term profits and I mean very healthy profits that you can more than live off, we need to make sure our trade entry meets the following objectives: 1) We are trading in the same direction as the trend – ALWAYS! 2) We wait for the trade to pull back, i.e. if the stock is moving up, let it retrace to a level and bounce 3) The bars (price bars) are small in length – not overly elongated i.e. volatility and hence risk should be small. We look to enter the trade as the bounce is occurring… In the following diagram, we see the trade is clearly in an uptrend. By the way, that is defined as higher-highs (higher peaks forming) and the higher-lows (the troughs are higher as we move from left to right). As the stock pulls back (1) to the moving average line (that’s the blue line in this diagram), we see a series of red (seller) bars selling off in an uptrend. When the price approaches the moving average we would expect it to bounce off. We are therefore looking for a reversal bar (red changing back to green in this instance) and looking for trade entry around this area.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
Now the bounce is occurring – we are looking for a small (undersized) reversal bar, as we see volume increasing into the move.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
The small undersized reversal bar really sets up the strategy of the play. We use this bar alone to work out where to place both our entry and our initial stop loss. What’s the rationale here? Firstly, there are more buyers than sellers in this particular market – hence why the stock is in an uptrend. That’s pretty obvious you say – yes it is. However, no markets move in a straight line, they move up and then they pull back. Most novice investors enter a trade that is clearly moving strongly in a direction, only to see it reverse on them almost immediately and take their precious capital with it. Why? Generally in the height of excitement of a move – the full stretch of the accordion player if you like, must pull back to allow profit takers to realise their profits. It’s this movement that causes the market to retrace and our novice investors immediately eat a loss. What can we do? We must wait to see the direction of the trend established and the line of the trend. Then notice the early profit taking which pulls the currency back to the line of current trend direction. Now we enter – only on small entry bars - with low risk (i.e. the price bars are small).
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
Let’s take a look at some examples of this pivotal based trade in action. Here on EURUSD we have identified a number of pivots along the trend setting up.
At Ultimate Forex, graduates learn exactly how to identify these key turning points and place lowrisk managed trade around these crucial points. With a chart like this, these types of trades yield literally hundreds of pips. At a trade size of $10/pt or 1 Standard lot, you are looking at between $2500 and $3000 profit per trade.
In summary, we want to see the pull back occur and reverse back towards the direction of the trend – when this reversal of the retracement is confirmed –this is our confirmation of entry. The rule therefore can best be remembered as: “Buy on the bounce, not on the stretch….”
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
How to Manage the RISK – PRECISELY! STOP! BEFORE YOU GO ANY FURTHER! Successful trading is about managing risk, period. If you are currently trading, have ever traded or are considering trading, ask yourself this important question: how much cash should I place on any given trade? If the answer to this question is not mathematically generated from a risk-based formula, stop trading immediately! If you are placing $5000 or $5000 on the next trade – because you ‘feel’ that it is likely to ‘go-well’, then your trade sizing is coming from stomach and not your head – this is your signal to STOP TRADING, AND LEARN HOW TO TRADE SIZE. How to Trade Size Trading is a numbers game. Every single trade you place must be considered as “a trade in a sea of many trades”. Some trades will work out, others will not – that’s life. Your job is to make sure that the ones that do not work out don’t hit your account like a freight train – meaning they must be risk managed. You must set the game up to win. Losing trades should nibble at your capital, not shatter it after a string of losers. It is not in your winning trades that fortunes are made; it is in the protection of your capital against heavy draw downs where winning traders are made. One of the biggest causes of failure amongst traders therefore is the inability to manage risk and control losses. Remember this: Huge Money is Only Made When a Little Money is Risked The Right Way and Commonly Used Wrong Way to Determine the Size of Your Trade Here’s my first tip: Handling Losses – if your trade drops below a pre-defined level, you must exit – no hesitation. Sure it will hurt but as a successful trader you know that this is part of trading – consider it learning capital and GET USED TO IT! Being a successful investor or trader isn’t simply about winning more trades than you lose. It’s about controlling your losses so that the profits from your wins will outweigh the losing trades. Consider the following methods of figuring out how much to place on a trade:
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
The WRONG Way - RISKY
The RIGHT Way - SMART
1. Pick a stock
1. Use your system to identify a stock
2. Decide how much to place on the trade based on how you “feel” about it
2. Use Reward: Risk ratio to decide whether or not to invest.
3. Execute trade
3. Calculate available funds for the trade
4. Afterthought: Add a stop loss to protect downside
4. Calculate trade size using available funds and potential risk
Look familiar? Too many investors or traders use the Wrong Way. Let’s have a look at the Smart Way. The Magic Ratio You Should Always Use to Judge a Trade Once you have identified a trade, the next step is to calculate the Reward: Risk ratio using your stop loss and a realistic target price. Your Reward: Risk ratio should be 2:1. In Forex trading, we even take 1:1 reward risk trades in some instances, but this is only when trading the higher probability strategies which offer 90+% probability of success.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
Looking at this trade – we may well decide to enter the trade if it breaks through the roof of the consolidation that has formed between 350 to 345 (consolidation is where the price is in a tight range between the two price points). Clearly our stop loss (the point where we exit the trade if it goes against us) must be placed just below the support line at 345 (say 342 to be safe). The Long (buy) entry of the trade, would be placed just as the trade breaks through the 350 price, (around 352 to be sure). If the target profit price is at least three times the risk then the trade makes sense. If not, look elsewhere. You may well be right, and the share may well go up, but trading like this is too risky and will most likely lead to failure. Reward = Potential Gain = (Target Price – Entry Price)
Risk = Potential Loss = (Entry price – Stop Loss)
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
The Ever-so Common BUT SERIOUS MISTAKE that Many Full Time Traders Make and How to Avoid It! OK, so we’ve decided that the Reward outweighs the Risk, great news. Now the next important question: How much money should I place on the trade? Sadly, most novice and full-time traders alike make a grave mistake at this important fork in the road. Most traders simply pluck a number out of thin air – or worse still lazily choose the same amount on every trade they place – big mistake – huge! This is a classic MESS-UP. Ask your novice, intermediate or semipro, not what instruments they are buying or selling but in what quantities - the answer you will get in most cases? A blank stare… In fact I once coached a guy, (we’ll call him Punter Pete) who would always spread bet $40 a point on any trade he traded. Whilst the trades he picked weren’t bad calls, because he always traded the same amount on every trade, the ultimate risk on each trade varied wildly. Before I coached him, he had never once had a profitable year – and this was his third year! After I taught him to trade-size correctly – he made 115% that very next year! So you get the gravity of importance…Let’s cut to it… The position you take (your stake or number of shares you buy) on any one trade should be determined by your account size, the perceived risk and the proportion of your account you are willing to risk. Let’s assume you have a trading account of $10,000. You should only ever risk a small percentage of your account on any one trade – I recommend that you never risk more than 2%, and realistically 1% is a much better risk level. This is the key to success. Most failures are because people get greedy and wipe out early on. Consider ten hypothetical trades following this system:
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
7 losing trades @ $300 ($7.50 x 40 point loss) 3 winning trades @ $900 ($7.50 x 120 point gain) NET
= $2100 LOSS = $2700 PROFIT = $600 PROFIT
So, using this strategy, you can still make profits since your winning trades outweigh the losses from a larger number of losing trades. Here’s the MAGIC FORMULA:
The Account Risk is determined by the total value of your trading account (in this case $10,000) multiplied by 1%, so effectively we are saying we cannot lose more than $100 on any trade (i.e. 1% of $10K is $100). Now we look at the Risk on the trade – effectively this is the difference between where you entered the trade (entry price) and where you exit if it all goes wrong! (Stop loss). Now, the key question, once trade risk is handled is how to select winning trades. Or more importantly, how to build a list of trades that are most likely to go in your favour. Notice, I don’t even consider looking for trades until I have the risk management piece handled – that’s how important it is. For this there are three systems: 1) Ultimate Forex Pivots™ (an intraday trading system with 90%+ success rate) 2) Forex Income Generator™ (an incredible end-of-day trading system) 3) Ultimate Forex Sniper (a consistent money making intraday setup you can use 24/5)
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
11 CRITICAL Steps for Timing Entry and Exit Points Only enter trades following small, undersized bars, these offer you low risk entry points and also offer a good protection shield for your stop loss which should be placed just below (or above) an area of consolidation of undersized bars.
The ‘Trigger Point’ (TP) is attained on the alignment of: 1. 2. 3. 4.
Support/Resistance analysis Pattern Recognition Evaluation of Risk : Reward Time Frame Agreement and Indication
Squeezing the Trigger 5. Know Trade Size, Stop Loss and Trade Length (no. of days) First 6. After entry – note your fill price and recalculate risk if necessary 7. Measure volume and price immediately following your entry – is it moving as quickly before entry as after? 8. EXIT IMMEDIATELY should price hit a level that proves the trade wrong Trade Exit 9. Best exits from longs (buys) come when you sell into a crowd just as upward price action approaches resistance 10. Only sit through a retracement IF your trade plan and time is targeting several price waves 11. Expect retracement – If your trade plan targets a larger move and a consolidation range forms after an initial move up, place a stop just below the range in case it moves the wrong way. The moment the consolidation is broken to the upside, move your stop.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
Psychology and Price Action – EXPOSED! The rules we learn from our daily lives are just so very different from those in the trading world – and it’s the reason why we are practically hardwired for failure from the start. For example, throughout life most of us associate the following “Exciting = Good” (think Casino hall versus Examination hall). Apply this to the trading world and it spells disaster. People mistake potential trades that are exciting-looking and moving for profitable ones. Put simply, if a trade is already moving it’s too late. It has already ‘moved’ and therefore it is time for you to move on!
Amateurs wait for trades to ‘prove’ their worth by moving excitingly (the same way people are seduced into casinos) our intrepid trader jumps in – only to see the position reverse and almost immediately run into a loss. The answer? Never enter trades that are currently moving quickly, look for trades that are about to breakout and enter for a low risk entry following a pull back, and try to place your stop loss close to a consolidation.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
Another ‘rule’ that doesn’t work very well in the trading world is “Time = Money”. If we are seduced into trading off a tip or getting into an exciting trade and we make a quick profit – it is often very easy to imagine that we are in for a big win. For example, if Punter Pete makes a quick $1000 from a 20 point move on the EURUSD at a bet size of $50/point in only 20 minutes – then it’s quite conceivable that his profit expectations from the trade will be in the order of $3,500 to $4000. Why? Because he, like most of us have been conditioned to believe that time is directly related to money – and with his $1000 potential profit, he decides to wait a while longer to see if he can squeeze any more profit out of the trade. In the trading world, time has a disproportionate correlation to money. As he watches in earnest, the trade comes all the way back and runs him into a loss. You could make a 30% profit in 2 weeks, and spend the next 2 months giving it back. Traders use peaks and troughs on charts to pin-point likely turning points that could end profit run and not their wrist watch. Remember the rule: “panic buying leads to panic selling”. What is the best way for a private investor to take their investment returns into their own hands? Is there a preferred route? Having trained thousands of investor’s young and old, private and professional I can tell you this – whether number cruncher or starving artist, single mum or retired stock broker – they are all controlled by the same emotional state – Greed. How do we counter this state? Can it all be harnessed in a couple of hours or days? Greg’s top 5 tips for a Successful Trading Career.
1. Master Risk first, not last – Trading is all about limiting individual trade risk to 1%. Never allow a losing trade to eat more than 1% of your trading capital – learn to trade size!
2. Get a mentor – just like learning to drive, you need interactive regular feedback on your trading skill. Many people over estimate their ability early on. Remember what trading strategy works today may not work tomorrow – so get around people that navigate the terrain daily and can coach you one-on-one.
3. Look for boring trades not exciting ones. If a stock is moving in a sideways range, look to enter the trade the moment this established range breaks out. Always use a stop loss – and remember panic buying leads to panic selling!
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
4. Never trade with money you can’t afford to lose. Sounds simple? Most people over trade and throw too much in too early on. Use a pot of money of which you could tolerate a 50% loss. Understand the risks.
5. Let profitable trades run, cut losers fast. Want to know the difference between a successful trader and a loser? Successful traders cut losing trades in nano-seconds, losers hang on in. We must understand the way price forms on a chart, and understand this intimately. When we enter our trades Long (buying) on the Trading Cycles we would be better off entering as area 1 is breached (see chart below). Trading Cycles rarely form perfect symmetrical shapes that you can easily identify. Therefore it is essential to break the characteristic components of the trading cycle down – study these intimately, so we can recognise at what stage of the cycle we are in.
3 Increased Volatility Reduced Volume Series of High Tests / Oversized Bars
2
4
Oversized bars
Oversized bars
Increased Volume Increased Volume
1 Undersized bars
5
Reduced Volume
Reduced Volume
Undersized bars
= key entry and exit points
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
Sssshhh – Don’t TELL ANYONE ABOUT THIS! Want to hear an outrageous statement? My primary objective with my trading is NOT to make a PROFIT? What I hear you say? Are you crazy!? No, I’m not – my primary objective is to get my trade to BREAKEVEN. Listen. After trade entry – ask yourself this question – when is my trade most at RISK? Answer? Very early on….in other words, just after you have entered the trade. Given you have entered the trade when the bars are small (undersized) and the stop loss is close, the distance between the stop loss and entry price will naturally be quite small. Our primary objective is to move the stop loss to approximately breakeven. When we have moved the stop loss to approximately breakeven (based on PRICE and TIME), our next objective is to take ground i.e. lock in profits. Notice the order of priority: 1. Get trade to approximately Breakeven 2. Move stop loss (after trade has moved well into profit) based on Price and Time 3. Add additional money to the existing trade based on it being in a Profitable Position.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
After the trade has moved into profit and we have reached breakeven – we can now look to build the trade.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
When a breakout long goes in your favour, consider adding to your position the moment it has cleared intraday volatility. Why? If the trade goes against you (hits stop) your loss is tiny – bet size is small If the trade goes in your favor, you are: 1) Already in profit and now milking it 2) Protected as your stop loss is clear from volatile swings.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
** BONUS SECTION – GETTING YOUR MIND RIGHT! **
What do YOU want, and Why do you Want it? How MUCH MONEY do YOU want to MAKE Every Month? What do YOU want…? I am constantly approached by intermediate and novice traders at trading shows and exhibitions asking for help, tips, the latest strategies - you name it. They ask me to sign books, discuss strategy and generally ‘geek-out’ on the subject. These people often love to talk about trading, but they don’t really “do” much trading, and therefore aren’t making money. The question I always hit them with is this. “How much money do you want to make from trading?” Stunned, the answer I usually get from people is one of two possible – either “Erm, LOTS!?” or “Hmm, I don’t know”. The problem with both of these answers is they have no direction. When the human mind has no direction, there is little action. Success in this business demands action, consistent action - if only for 30 minutes a day! When people tell me they “don’t know” how much they want to make from trading – it is generally because they haven’t spent any time really thinking about it. The reason for this is that they don’t really BELIEVE they are going to making that much, so the mind, consistent with avoiding the pain of disappointment – never really addresses the issue, and hence, never gets the direction or the ‘drive’. The reason most people don’t BELIEVE, is because they don’t have any REAL experiences of successful trading - income hitting their bank account month after month – sporadic maybe, but nothing they have come to rely on as much as a pay cheque! - and they probably don’t know anyone else who trades successfully. Beliefs are built on references – i.e. experiences we witness and if you are not surrounded and supported by successful traders – the likelihood is that you belief in this area is low….if the belief is low….so is the action and the results! For example, I recently had a conversation with a man who told me his monthly salary was $5,000 to $6,000 and he would like to make only $1000 a month from trading. Unsurprised with his answer, I told them that it was unlikely to happen! When he ask why – I explained that unless the
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
‘trading income goal’ is at LEAST EQUAL to his current income, it is unlikely that his mind will register the goal as worthy of doing much about – and the goal will be unrealized on the basis of unimportance. Let me state this. I don’t care how much money you have now. It’s not about that. It’s about how much money you want to make. In other words, if you want to be successful at trading, you must focus your mind on what you want – then plan it and schedule it – to make it a reality. Without setting the goal of how much money you want to make first and addressing the technicalities of trading second – you will be doomed to failure. Why? The subconscious (the Action centre of the brain) needs to know what the ‘outcome’ of all of this activity is – setting the goal upfront is like setting the destination first and then getting into the vehicle second. If we just get into the vehicle, we have no direction, nothing to measure our progress against and nothing to drive us.
Why YOU Want It…. There is a big difference between “What we say we are going to do” and “What we actually do”. The conscious part of our brain (responsible for thoughts, rationalizing and analysis) has little influence on what we do, or our actions. It is in the subconscious- that part with which we associate either PAIN or PLEASURE, where we find our resulting ACTIONS. Generally we will avoid whatever we have associated pain with, and conversely we tend to move towards that with which we have pleasurable associations. It is a truism that we will do more to avoid anything painful, than we will do to attain the things we deem as pleasurable – or the things we want! You see this in society all the time. Ask, when do people change their jobs, their relationships, their eating habits, their health? At a place called THRESHOLD. Threshold is the place where the pain has built up so much that something has to be done about it. People will tell you their jobs are “ok”, which generally means they are tolerating it for now, but they are waiting for the pain to build up to where life has lost meaning and then they’ll quit. Knowing that our actions are strongly associated with what we have defined as PAINFUL and PLEASURABLE, we can use this intelligently to push us into action in the right direction. Firstly, people are not interested in money. People are interested in what money buys and provides. This is key. We have to define the ‘what we want’ component into ‘why we want it’ to enrich and
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
add colour to the picture – to juice it up, so we effortlessly become motivated to do something about it. People want only what money can buy and how their lifestyle can change – and so do you. When I first started trading, I made all the mistakes, I didn’t trade size, I didn’t plan, my strategies were ineffective and I didn’t goal set. In fact, it’s a wonder I ever made it in trading looking back at the earlier mistakes. If I took a losing trade, in my darker moments I would ask “Why am I doing this? Who am I kidding?!” and without defining my goals, I remember answering that question with “I have no idea!?” – And then I would take a few weeks out to ‘heal’ or at least try and forget. Had I defined my goals clearly, and learned how to risk manage correctly it would have been a minor set-back in my journey to financial freedom. For me it was a competitive streak and a supportive trading environment that kept me going – you could say I had a lot of good references and mentors around me every day, so it wasn’t long before I had corrected and got back on the horse. Getting the goal and the plan in place are key to trading success, so let’s get started now! To give you a head start, I have taken the liberty of starting you off defining your goals. You will notice the way I have structured the questions (below) is centered around ‘outcomes’, rather than percentages or monetary amounts. There is good reason for this – your subconscious cares only about ‘outcomes’ and not monetary amounts. So this exercise will work on your internal drive and the build towards a successful trading career. You may initially find this exercise somewhat uncomfortable. That’s ok too – we all do. Just know that it is something that must be done to really focus you on what you want – remember ‘destination’ first, vehicle selection - second. Whenever I am asked by the media “Greg, How do you know if you’ve got a star trader in the making on one of your Ultimate Forex courses?” – I simply tell them the same I will tell you – there are no star traders in the making – there are those with goals and directions, and there are those without. Successful traders always have the following attributes – 1) 2) 3) 4)
They know what they want and why they want it They have a clearly defined set of goals and a plan They have a successful trading methodology and they stick to it They trade size every trade they place
A smart move RIGHT NOW would be to PRINT this next section out, if you haven’t yet already printed this report out. Spend a little time on your own really thinking hard about the answers to these questions and answer honestly. Be honest and have fun with this part of the process – if you
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
put the time in now to get this part nailed – when it comes to implementing the strategy (the doing part) you’ll be miles ahead of those that skimped out on this section. DO THIS!
Trader Goal Setting and Financial Independence Planning Exercise 1) What are you missing out on in your life by not having the money you truly deserve? Write down all of the PAIN and FRUSTRATION you presently experience in your life, by not having the level of wealth you deserve __________________________________________________________________________________________________________ __________________________________________________________________________________________________________ __________________________________________________________________________________________________________ __________________________________________________________________________________________________________
2) What do you get if you had true financial independence in your life? List everything out. (What does your ultimate dream life look like? Where are you? What are you doing?) __________________________________________________________________________________________________________ __________________________________________________________________________________________________________ __________________________________________________________________________________________________________ __________________________________________________________________________________________________________
3) How would you feel if your answers to (2) above were your daily reality? __________________________________________________________________________________________________________ __________________________________________________________________________________________________________ __________________________________________________________________________________________________________ __________________________________________________________________________________________________________ 4) Go to your ultimate life, now. Turn around and look behind you. What did you do to get there? What actions did you take? List out 3 things you did to reach it. __________________________________________________________________________________________________________ __________________________________________________________________________________________________________ __________________________________________________________________________________________________________ ________________________________________________________________________________________________________
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
5) Why is it crucially important that you take action right now? What will it ultimately cost you if you do not equip yourself with the tools to make this a reality and take action? __________________________________________________________________________________________________________ __________________________________________________________________________________________________________ __________________________________________________________________________________________________________ __________________________________________________________________________________________________________
Your Time and Commitment In my early days I was a day trader - I believed that day trading was the best way for me to make money. I made lots of losses and I found myself constantly glued to the screen. I became addicted and also a bit of a hermit (and a fat one, I couldn’t leave the fridge alone!). I was also finding it difficult to concentrate on my career whilst managing my personal trading positions intra-daily. This is not the way to trade, unless you are full-time and enjoy looking at screens all day. Sadly, this is all too often what traders become seduced into doing and all too often they make a mess of it. A great mentor helped me with this. He explained that here are two types of “time”. “Horizontal time” and “Vertical time”. He explained Horizontal time is defined as 30 minutes to an hour a day or “little and often”.
This is where you WANT to BE
Vertical time. 24 hours – CRISIS TIME
This is where you currently ARE Horizontal time. 30 minutes every day.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
And Vertical time is defined as 24 hours, or CRISIS time. In other words, looking at the above diagram – most people try and fix their life (get to where you WANT to BE) in one foul swoop – they wait until things are uncomfortable enough and then try and fix everything in CRISIS mode. Inexperienced Traders’ trying to make a $1000 a day on a $10,000 account is a classic example. Whereas, in horizontal time, ordinary things done consistently produce extraordinary results – i.e. just 30 minutes a day, done consistently produces amazing results.
I also found this to be true with my trading accuracy and results. I found that by ‘position’ trading (holding positions for three to ten days) had vastly better results for only a fraction of time than my rollercoaster results from day-trading – without hours spent glued to the screen. It was from these early days that I developed and designed my now multi-award winning trading methodology and now world-renown trader coaching business, which trains literally thousands of new traders every year to become successful investors and traders. As a beginner or intermediate trader, you will be happy to know that all of your instructions for each trade you place (the entry price, stop-loss and take profit) on each trade can all be set ahead of time. (This allows us to select our trades once a day (in 30 minutes maximum) and have the system manage our trades for us –literally on autopilot. Nowadays, most on-line brokers offer this service at no additional cost.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
“Invention and Testing” versus “Modeling” You have options when learning to trade. You can buy tons of books, study the markets intensely and begin the journey of testing and developing systems. Or you can take the blueprint from a successful trader and literally copy what they do overnight. It all depends on you your outcome. If you want to make money and save a lot of time, go for the blueprint every time. If you are looking for a new experience and have lots of disposable cash and time to waste, then set up your experimental lab and get ready for a roller-coaster ride – it’s your choice. When I first learned to trade I used a lot of gut instinct and thought I would figure it all out on my own…now I look back and realize just how extremely arrogant that was. I also found myself adjusting my trading strategies to what I thought was suitable to market conditions. Looking back now, I can’t believe I actually took this approach - I am reminded though every time I interview a new student and find out how this approach hasn’t changed much in a decade or so. I think we are taught at school to be original and inventive – and copying or plagiarism is forbidden. I guess this is what sets us on a path to ‘go it alone’ – as well as people aren’t prepared to pay for proper training and coaching, as they see it as ‘cost’ – when really it’s the best investment they could possibly make. In business if you want to succeed – you need to ‘model’ a system that is working and replicate it – then you can expect similar results. Yet still people open their business with the goal of being a business owner and perish in the desert “midwheel-reinvention”. Trading is no different. Find a good methodology and system that works and copy it. Paying for good systems, trading education or blueprints is a no-brainer in my opinion. Novice traders often spurn the idea of paying for trading education. When you compare the cost of going it alone – the system methodology development (in time(years) and trading losses(thousands)) – it massively outweighs the investment of a decent education and coaching and you’re still no closer to making consistent income. All you get is the ownership of your losses. If you have little professional experience in trading – it should be obvious to you that an investment in your knowledge into proven systems that work is be central to your success. Trading is a business after all, and like all successful business – it needs a little resource. Grabbing hold of a successful trading methodology is the best example of “standing on the shoulders of giants” – it is intelligent, smart and highly cost effective. This is a perfect example of penny wise, pound foolish.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
Introducing the Ultimate Forex Profits™ Home Study DVD Programme
DVD #1 (2.5 hrs) Day 1 Session 1
Trader & Wealth Psychology - Part 1 - Trading is 80% psychology - and this vital section will rewire your mind for massive wealth generation! Watching It Happen - I explain exactly how professional traders create CONSISTENT wealth, using a real life trading example where I make £19k in just 4 minutes. Forex Essentials - wealth comes from knowledge, and here you're going to have a world class master explain exactly how the Forex markets work in stunning clarity. Insider View on Currencies - Not all currencies are the same, as you'll discover when I treat you to an X-ray view of the world money machine, and show you how the pros use countries and their currencies for maximum wealth generation!
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
DVD #2 (1.5 hrs) Day 1 Session 2
Trading The 24 Hour Markets - One of the key benefits of Forex is its 24 hour market access, but I will show you use time as your chief weapon to dramatically improve your profitability! The Interest Rate Money Machine - Wouldn't it be great if you could borrow money at 2% interest and put it in a savings account at 7%? You'd make 5% for doing nothing - and there IS a way that you can do it with foreign currency - we'll show you how! Forex Fundamentals - I'll show you the skills and tools that you will need as a trader to make money. And that's the important bit I'm not going to show you anything you don't need. (I don't beleive in padding my courses with pointless trivia - these are professional techniques you can use and apply today.) Trading The News - The news is to traders what the weather forecast is to sailors - potentially life and death. Many people think you need to hold a degree in economics to understand it - but I will show you exactly what to look for - so you can ignore the rest.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
Forex Trading Secrets - There are 7 basic rules that all institutional traders are taught when they begin trading with BIG money.
DVD #3 (2 hrs) Day 1 Session 3
Mastering Technical Analysis - This is the weapon of choice of the professional traders - becuase it's what tells them where the market is likely to go. I'll show you what the professionals have in their toolbox, and show you how you can quickly master the same instruments for big returns. Support & Resistance - the front lines of the price war - The markets are a battlefield, and the charts oare like maps of a moving front line in the eternal war between buyers and sellers. I'll show you how to read that map and hunt down big moves and profit opportunities Forex Fundamentals - I'll show you the skills and tools that you will need as a trader to make money. And that's the important bit I'm not going to show you anything you don't need. (I don't beleive in padding my courses with pointless trivia - these are professional techniques you can use and apply today.) Price Patterns - the hidden messages you need to read - When
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
master traders read charts, they are looking for signals as to what the market is going to do. We'll show you the key patterns that will alert you to the bigs moves BEFORE they happen, so you can maximise your profits. Professional Indicators - these vital tools are what will give you 3d vision when it comes to reading the markets, and I'll show you exactly how to read them. Properly used, they will reveal hidden buy/sell messages that only the pros see.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
DVD #4 (2 hrs) Day 2 Session 1
Trader & Wealth Pyschology - Part 2 - Continuing the process of rewiring your mind for success, this groundbreaking appreach uses the latest pychological tools to remove old and damaging beliefs, and give you the diamond sharp mindset of millionaires and master traders alike. Mastering Cyclicity - The markets breath just like we do, and many traders get caught out by moves they don't understand. I'll explain how you can massively increase your profits by understanding the cycles of the market and trade with confidence and precision. Your Forex Trading Account - How do you judge a broker? Which platform is right for you? What are the 3 things you need to watch out for when you open an account? Watch me explain - and demonstrate - exactly how accounts work, and how to get the most from your broker. Risk Management - the key to your survival and profit - the is the biggest single trader killer. But it doesn't have to be. I will give you the formula the professionals use to make sure that you never risk more than 1% of your account - so that you're in the game for the long haul.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
DVD #5 (2 hrs) Day 2 Session 2
The Fibonacci Secret - I'll show you how the work of a long dead Italian philosopher is instrumental in seeing how the the markets will act. (It's like seeing under the bonnet of the Foreign Exchange markets worldwide!) PRO STRATEGY: The Income Generator Capturing the Early Momentum in a Dominant Trend An accurate end of day trading strategy Time to setup = ONLY 45 minutes per day Automated strategy powered by proprietary software Profit Target = 200 to 500 points per week (approx £2000 to £5000 per week income) By this stage, you've learned the skills and the tools - now its time
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
put this all into action and start your money-making engine! The first strategy is perfect for novices and experienced traders alike, as it's an end-of-day strategy that pulls hundreds of pips out of the market based on daily moves. As with all these strategies - you will have ABSOLUTE CLARITY on what to look for, where to enter, and where to get out to lock in maximum profit. That's right, no guessing games involved - you'll have a complete blueprint.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
DVD #6 (1.75 hrs) Day 2 Session 3
PRO STRATEGY: Ultimate Forex Pivot Position Trade (setup in the morning) Time to setup= ONLY 15 minutes per day Entered “Live” – managed completely by orders Profit Target = 200 to 300 pips per day (£2000 to £3000)
This is one of the most powerful strategies in any Forex trader's arsenal. It combines powerful but simple technical analysis with high probability market moves to take MASSIVE profit out of the markets on a consistent and repeatable basis. You'll learn why and how this works, and we will give you the formula to replicate it yourself. This strategy will become the basis of the your high income trading career. SEE £19,000 being made in 4 minutes with this same strategy that YOU will learn how to master!
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
PRO STRATEGY: Forex Sniper This principle works on Time Frame Confluence Very powerful for catching confirmed moves Removes ALL the Guesswork We use 4 time frames for confirmed entry Profit Target = 30 to 100 pips per day This is definitely one for intermediate to advanced traders - a multiple time frame strategy that requires pin-point accuracy, but which in return provides handsome rewards! Fingers on the button for this one, as you watch the markets move into a special alignment that you'll be expertly trained to spot. Again, you'll have a complete blueprint for this one in terms of what to look for, how to get in, and when to take your profits.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
Frequently Asked Questions ….. What Style of Trading is Shown on the Ultimate Forex DVD programme ? Position Trading. Meaning you will not be sat in front of your trading screen for hours on end – position trading allows traders to spot high profit trading strategies outside of market hours and place trades using automated ordering systems to manage the trading activity during market hours. You should budget 20 to 30 minutes per day to perform your trading analysis. I have some students who take a little longer and others who can be in and out in 10 minutes flat – but the average is around 30 minutes. You will be shown how to automate the process and use contingent ordering which will place your trade strategies for you, so you don’t need to place the stop-loss orders or limit (take profit) orders. This process alone, will completely un-chain you from the trading desk and allow your trading computer to become an income generator that does not need babysitting.
How Ultimate Forex is Completely different From ANYTHING else out THERE? You may have purchased other products before – in fact you may have a number of different books and different investment and trading products. However, believe me - you have experienced NOTHING like Ultimate Forex™ When I designed the programme, I wanted to deliver the best delivered trading course that would actually get you right into the heart of the matter and allow you to begin building a trading income immediately – from only 30 minutes a day. Our Mantra at Knowledge to Action, is to teach people to build a successful position trading income from only 30 minutes a day – and to date we have won the UK’s Number #1 Trader Coaching Award – for our ability to do this. I have been preaching to people for years, that the only way for them to learn how to trade successfully is for them actually to do it. People really “get it” when they witness the process live and can ask spontaneous questions.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
My objective is a “No FLUFF” policy. There are too many courses available that spend a large portion of time teaching you basic information that is freely available on the internet, with a sprinkling of half-baked, half-tested strategies. Knowledge to Action is about answering this question “Show me EXACTLY how to make a lot of money trading! “ And….. 1) 2) 3) 4)
Leave nothing to guesswork. Show me in a step-by-step method, so I can copy it EXACTLY (Leave NOTHING to Chance!) Make sure the trading strategy is completely RISK based Produce an income from only 30 minutes a day.
Why is this DVD programme the way forward? Unlike other programmes, which are little more than glorified PowerPoints created by some guy using his garage as an office – you will have access to the training that WORKS. We’ve trained over 100,000 people worldwide, so we know what we are talking about. I am a strong believer in the motto “If you are going to do something, do it well”. I actually believe that in life, it’s not how much money you make – it’s ultimately who you become in the process. My goal has always been to run the Number 1 trading coaching company worldwide, and I truly believe we are on course to attaining this. Let me clear about something here. I LOVE what I do. In the trading education industry – people always ask this question. “If you can make so much money trading – why bother teaching?” Answer –I LOVE WHAT I DO. I run a full time trading floor, I trade my own money and I also have traders trading my money.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
Don’t get me wrong – I am ecstatic with my income from trading – it has changed my life forever – I live in multi-million pound homes, I have very expensive toys , I vacation in the most incredible places, I have maids and assistants – I live the dream. But then what? So I have money coming in every day from different trading accounts – what I am supposed to do, eat ice-cream and watch TV? How dull is that? I am an active guy! I play polo, fly helicopters, trade everything that moves and run an organization that positively changes peoples’ lives. To me, life is all about what you contribute and who you become. Since I started Knowledge to Action and Ultimate Forex - I have been rated as a world-class presenter, responsible for financially liberating thousands of people, won awards and been recognized as a leading authority on creating financial freedom for people and changing lives. I believe I have a real skill for taking the complicated and simplifying it for people. Why? I think it’s because I am passionate about it. It’s not work for me (it never has been)– it’s fun. I love showing people how, by taking only 30 minutes a day; they can change the quality of their life forever. Who doesn’t have 30 minutes a day? Come on – we all do! Question is, what are you doing with those 30 minutes? What are you doing with them right now?
It gives me a REAL buzz. Having written that and re-reading it, that probably sounds cheesy – but the fact is, it’s true. It always makes people cringe – when they read that someone LOVES what they do – that’s because we live in world where so many people are unhappy with their lot and seeing other people happy and successful only reminds them of their crappy lot and makes them jealous. But I say this, “don’t be a player hater – be a congratulator” – and become a player, a real player – and take your life to the next level.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
When I was a kid, I used to collect magic tricks. Today, I have over 300+ magic tricks collected from all corners of the world. In fact, whenever I go on holiday now with my wife, I always go to the bazaar or local market – to see if there is a magic trick I can buy. To me, the ownership of the magic trick is cool – but it is NOTHING compared to the look on someone’s face when (for example) a $20 note transforms into a $50 note in front of their eyes! Teaching people to trade is the same – I love the feedback I get, I mean I really LOVE it. I am not trying to say every e-mail I receive is gushing – but the vast majority of emails are incredible. I believe it is what I was meant to do. I would LOVE to hear your feedback from the results you achieve also.
Will you be SUCCESSFUL also? People are often concerned that becoming a successful trader is a ‘born-with’ type talent – and because they may have had some setbacks in the past, this ‘also’ will be the same. Nothing could be further from the truth. Look, all traders get setbacks in the early days – that’s a part of life. We spend our time trying to figure it out. Then we realize we would save ourselves a whole bunch of time if we found a successful strategy and ran with that. It’s like owning a car. Would you rather drive a car from Honda (a company that makes 1000’s of cars everyday) or build your own, with no prior knowledge? There is nothing smarter – than grabbing hold of years of previous trading experience and using it to your benefit. That is a completely intelligent thing to do. If however you decide you want the ‘experience’ of spending years developing your own strategy, then do it with small money and as I have said before, prepare yourself for an emotional rollercoaster.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
2 Key Rules for Selecting A Trading Educator 1. Make Sure they Trade! - Many courses in the world today are focused purely on great promises and fantastical assertions. Ask if you can see trading results from the trainers – ask are they actually traders? If your driving instructor was dropped off at your house in a taxi – you’d be skeptical – ask the same of your trading instructor. I have trained thousands of people to trade – and many have tried to imitate what I have created – but they don’t come close. I am the real deal. If you want to learn how to do this properly, come to the source my friend. 2. Where’s the Trading Floor? Trading is a very lucrative business. If applied with patience and discipline! If you are considering learning to trade with an organization that doesn’t run their own trading floor – ask why? That simply tells you one thing – they aren’t trading – they are making the money from training courses. You are welcome to come to our state-ofthe-art trading floor any day of the week and meet our traders in-person – you’ll find them normal people like you and I.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
Success Stories from My Previous Graduates…
Paul M
Graduate, Ultimate Forex
“In the 2 weeks following completion of Knowledge to Action's Forex trading course I have placed 10 trades with 9 wins...and 18% profit. I would highly recommend this course to anyone wishing to generate significant income streams through trading.” Regards, Paul
Richard B
Graduate, Ultimate Forex
“At the end of three months my fund was 45% up." Regards, Richard
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
Beverley H
Graduate, Ultimate Forex
“I attended Greg’s workshop last weekend for two days ... such a mountain of information I could not wait to try some of the strategies out. I have made multiple trades with pivots and made $216 ... I then moved on to income generator to use over the weekend so I placed the initial trade on Friday and already it got to $316 profit before closing on Saturday 11am.... I taught my husband as much as he could and he in turn has made two trades worth over $400 and only a small loss of 40c on another!” Regards Beverley
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
Josie K
Graduate, Ultimate Forex
"What I learnt from the first course has actually enabled me to pay for this course. I started off with £500, its up now to £4000. That's since August. And that's being a single mum with 3 kids and a hairdresser working 6 days a week." Regards Josie
Mike B
Graduate, Ultimate Forex
"I've been trading, following Greg's system for about 2 years. I can certainly testify that if you follow the rules that Greg gives you, and do the hard work necessary to find the set up's following the rules that he gives you, then you can definitely make money doing this." Regards, Mike
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
John T
Graduate, Ultimate Forex
"The actual best thing (about the 2 day weekend) was finding out the proper way to do it and the rules because if you haven't got the rules, it's a waste of time - you're going to lose your money." Regards, John
Dave S
Graduate, Ultimate Forex
"I think the courses themselves are very good, the coaching - particularly the coach I have at the moment - is very good ‌ it also makes you realise you can achieve your dreams if you put everything into it." Regards, Dave
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
Pat M
Graduate, Ultimate Forex
"I've doubled my pension – since March, actually!" Regards, Pat
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd
By Greg Secker Copyright 2010, All Rights Reserved Disclaimer:
Clearly understand this: Information contained in this product is not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. Trading is not suitable for all persons. You should consult your professional, licensed, financial advisor before making any financial or investment decisions. Knowledge to Action Ltd does not give advice. Knowledge to Action Ltd provides education only. The past performance of any trading system or methodology is not necessarily indicative of future results, and this does not guarantee profits or prevention of loss. The purchase, sale or advice regarding a currency can only be performed by a licensed Broker/Dealer. Neither Knowledge to Action Ltd, nor any of it's affiliates involved in the production and maintenance of these products or this site, is a registered Broker/Dealer or Investment Advisor in any State or Federally-sanctioned jurisdiction. All purchasers of products referenced at this site are encouraged to consult with a licensed representative of their choice regarding any particular trade or trading strategy. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional, who will verify what is suitable for your particular needs & circumstances. Failure to seek detailed professional personally tailored advice prior to acting could lead to you acting contrary to your own best interests & could lead to losses of capital. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. All rights reserved. This Document may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, in part or in whole, without explicit written permission of Knowledge to Action Ltd; except where permitted by law.
Coming Soon: The Ultimate Forex Profits Home Study DVD Programme The Complete Forex Income Kit – Strategies included Copyright 2010 Greg Secker and Knowledge To Action Ltd