Quantumtradingeducation – Mechanics of Trading Module

Quantumtradingeducation – Mechanics of Trading Module

Get Quantumtradingeducation – Mechanics of Trading Module on Salaedu.com

Description:

One of my favourite words in the English language is one which is manufactured, a made up word which was in the title of a book.

That word is simplexity and as you might expect is a combination of two words.

Simple and complex.

And it is this word which I believe best sums up the curious and fascinating world of foreign exchange.

On the one hand it appears delightfully simple by virtually every site which exhorts you to take up trading in the forex market.

The words simple, easy, fast, quick and rich will appear somewhere in the text.

But this simplicity ends once you have opened your account.

Up to this point, simple, quick and easy would certainly apply.

Yes it is very simple to start with only a credit card required.

Yes it is quick and easy to be up and running fast.

But this is where the simplicity ends and the complexity starts, a fact that passes many traders by. Who have been seduced into thinking this market will deliver huge profits with little effort.

This is the world of fantasy and dreams.The reality of life is very different. Yes this market can deliver and deliver in spades, but only if you are prepared to put in the time and effort to understand it.

Indeed I am reminded of one of Richard Wyckoffs three laws which I cover in detail in the technical analysis module,.

And to quote from his own course ‘ if there is an effort, the result must be in proportion to this effort.

This short statement from one of the iconic traders of the past perhaps best sums up the mindset.

If you are not, then you are likely to struggle and trading will be a painful journey.

The Mechanics module includes twenty four videos, twenty four podcasts and one ebook.

The ebook has over 50 examples of stop loss positioning by some detailed worked examples on position sizing.

By the end of Mechanics module you will have an all encompassing understanding of how the forex market truly works.

To succeed you have to understand all the forces which drive this market, from levels and flow to risk and sentiment.

In this module we also explain all the aspects of risk and money management.

It’s all here in this module, from demystifying the forex world, to developing your trading plan, the maths of trading, and beyond.

We start with explaining currency flows, then move to the myth of the 24 hour market followed by several videos on the maths of trading coupled with risk.

Forex Trading – Foreign Exchange Course

Want to learn about Forex?

Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.

More Course: FOREX TRADING

Outstanding Course:Matt Hensley – Trader’s Transition Program