It may seem to you that a smiley face, awarded for a small-scoring week is silly.

But – any live trader will tell you that it is NOT the amount of pips per week that is important – IT IS BEING POSITIVE that matters.

Our emphasis on four consecutive-positive weeks on Level 2 is not accidental. It’s not a ‘silly’ test. It is the ROOT of ALL good forex trading. Read More→

Below is a very nice email we recieved from one of our course members the other day….

Hello Kris & Sid,

Observed, but no trade today. I came close to entering right around 3:30am the pound started pushing down and there was a little correlation, it just didn’t seem like there was enough for me so I didn’t trade.

I ended up going through the videos again in lesson 30 and had pencil and paper to take some notes like Sid suggested in the Sunday call. Read More→

Hi Folks,

Forex is like a character development course – and without help most of us will fail!

There is a reason for the high failure rate for this industry, and it’s us.

What is remarkable about what we have put together, is that it shows us a way to deal with our character flaws so they don’t affect the trading.

Some people don’t see this, they think it is all about finding the right indicators, etc, but they are wrong. Read More→

Hi Folks,

Well I hope you are all making the time to get back up to speed with the recent changes we are implementing. And I do hope you all understand why these are necessary.

I have to say that although I am normally very free-wheeling in how I approach everything, I have learned that Forex is totally different.

Although I am normally what I describe as a ‘rule averse’ person, I absolutely know that this approach will not work with Forex. Read More→

Hi Everyone – Many of you will not have looked at the video recording of yesterday’s online meeting.

It is very important that you now do so – because I announced fundamental changes to the BBC’s forex trading rules.

Not only are the trading rules changed and reinforced by explanation – but the ‘levels’ of development or progression from ‘newbie’ to live trader are also drastically altered.

This video is available in the usual place, reached from Item 3 in the BBC Main Menu. Read More→

Hi Everyone – Kris here,

Well it’s a slow morning so far, as I write this, and it’s also holiday season with lots of people away, so not much in the Inbox.

So while I am waiting to see if things wake up, I have time to write a quick update on PPAs.

I’ve been so pleased to see a lot of you have been having a go at these, and also being very successful. Read More→

Sid Says:

First, thank you to everyone who gave descriptions of their trades yesterday (Monday – as I am 8 hrs behind the blog in California). It’s very pleasing for me that you all responded so positively and so quickly to my request on Sunday’s call.

I have no doubt that these more in-depth explanations of your trading-thinking will do two things:

1. I am sure that it will help others.
2. It will also help YOU, as you rethink what happened as you as you took the trade.

Kris missed this comment from Santy in Maryland who is on Level 2:
“Hi guys, here is todays (Monday) screenshot, a +2 pips which were really easy and fast, this weeks target I am going to try to get 10 pips.” Read More→

Hi Folks – Kris here,

Well I don’t know if it was that pep talk Sid gave us about the market the other week, but for whatever reason, it seems that people are finding it much easier this week to find nice trades.

And talking of Sid’s pep talks, there is now an archived call on the BBC for June 26th.

I continue to be impressed with the BBC as I see the new mindset taking hold in so many of you.

Outside the BBC, everyone is totally obsessed by making as many pips as possible. They think that that is what it is all about. Read More→

Hi Folks,

I had an exchange of emails yesterday with one of our live traders about PPAs. As a lot more of you are now trying these, I thought I would just talk a bit more about them.

PPA stands for Potential Profit Area, and it’s the area between barriers. Some PPAs are really wide – when the currency hits them it just seems to keep going. Others seem fairly small. If you are in a large PPA that is obviously good news, but mine tend to be about 30-40 pips, which isn’t that big really.

As you know from previous blogs, I keep my PPA barriers set up permanently on a separate profile, and so I see how the currency behaves – even with barriers that I set up years ago! Read More→

Hi Everyone,

It’s nice to see the newbies beginning to send in reports. Sid has changed the system recently, giving you all 2 weeks to play with the platform and no rules.

Now you are on level 2 please make sure you understand the rules – one forex trade a day, gowid, etc. Also please send in a report each day and remember to size your screenshots and sign off in the body of the email.

Some of you ‘oldies’ need to remember to size your screenshots too!

Starting off today with a couple of PPAs that came in late yesterday afternoon. I’m really pleased to see how many of you have had a go at these and are getting good results.