Yes . . . we have decided that I am going to trade real money as soon as we have deposited it. Yes . . .I am nervous, but I also now know beyond any doubt that I can and am doing it.

In a way, if I hadn’t been so absorbed in this, I wouldn’t have believed that I could have mastered something so alien to me in just 12 weeks – but that’s how long it is since I first took the plunge and started the forex course. And I have to pinch myself when I remember that I knew absolutely nothing on the day that I started.

As this is probably going to be my last post in this format, I must say that taking this forex training course was the best decision I have made in the whole of our married life. The course and the aftercare have been so much more than I hoped for. I now belong to a forex family of several hundred people world wide and we share our experiences on a daily basis. It’s just great.

So finally – thank you Sid and Kris and Forex Training Works – you’ve changed our lives.

This may be difficult to understand but I have gone through the most amazing transition in my thinking about money-making. This apprenticeship is really where you start to appreciate that making money from forex, the ‘Forex Training Works‘ way is so different from my previous perception. I know that I have turned a corner that will change my life from now on.

What is the difference? Well, it’s about changing a conditioned mindset. Just ten weeks ago, when I started the forex training course on February 1st, I KNEW that the harder I worked, the more hours I put in, the more effort I expended – the more money I would make. Let’s apply that to forex for a moment.

On average, I am actually trading for around one hour in the morning. If I can make my target in an hour – it it seems to be a no-brainer, that if I work for four hours I could make four times the money. If I worked even harder and put in eight hours and expended equal effort – I could make eight times the money. In the outside world, I know that’s true. In forex it is completely the reverse.

SAFE trading to make money is about CAREFULLY using a time period for what looks like a small achievement. To risk that achievement would be a nonsense because that small CONSISTENT achievement adds up to an enormous profit as it rolls up and compounds. Best of all, and this is where I have turned a corner, it is a super STRESSLESS and risk-less way of making money work for you – instead of you working for money.

I have ‘worked’ at forex trading, for around three hours this week. I have added up my ‘potential’ earnings since I started demo trading seven weeks ago – and I am amazed at my potential ‘return on investment’.

Return on investment, as I have learned, is the percentage amount my original capital sum has grown over this period. We don’t ever talk actual money because it’s obvious that the percentage brings us all to a level playing field whatever small or large capital we start with.

My return on investment at a small 10 pip a week target has been almost 22% in just seven weeks. Compare that, to the money we have in an investment account that is earning us around 2.5% per YEAR right now.

So on the basis of the possibilities, without stress, without hours and almost without effort, my husband and I have decided that if I can confirm these results over the next week or so without trauma – I will become a live trader.

I realize that ‘going live’ will present different challenges – but I know I can do this. I enjoy doing it and this new direction could genuinely change our lives.

I started this, HOPING I could do it. Now I know I can.

Sam

So tell me, who is already feeling like they are being force fed with election news – of which we are being served up absolute oceans of “spin”.  What is ‘spin’? Well, to be generous – it may be the truth – but if it is, it’s stretched so thin as to be almost transparent.

Thankfully, there is absolutely NO comparison between our current political diet of spin, spin and more spin – and Sid and Kris’s forex training course!

Sid and Kris have delivered exactly what they said they would from the outset – a straight talking, no nonsense course.  The course itself went at a great pace and it’s only now that I am really benefiting from the level of information that Sid included in each tutorial.  I constantly refer to my notes and Kris’s daily support, thanks to the BBC Club, is helping me every day.  It’s not just Kris’ valuable feedback and Sid’s regular emails encouraging us to keep perspective – but being able to see what everyone else is doing is fascinating.

The BBC Club is made up of a significant number of traders and forex apprentices all at different levels; I have always been a great believer in the old mantra that you can always learn from others – and I think the BBC Club really embraces this philosophy.   I regularly read about how well the more experienced traders do each week and I can also see how they do it.  Sid and Kris’s helpful input has helped me to understand how these traders could be doing even better – so it’s a win, win!

Wouldn’t it be marvellous if our politicians could be as straight forward as Sid and Kris and deliver what they say the will?  Thank goodness for Forex Training Works eh?!

Sam

I have spent a lot of time the last couple of weeks observing the markets and playing it safe. Now some of you who are looking to learn forex may think this is a bad thing, but let me tell you it is far from it.

I have made money so far with my trading (technically speaking of course as I am still ‘in-demo’ and not a live trader as yet).  Take that statement to the next logical step, why would I RISK what I have made if I have already earned money?  Moreover, why would I risk my money when it has been earned in such a pleasant way – from the comfort of my own home, without any stress in a peaceful environment just at the start of my day?

There are so many other positives to my experience, Sid and Kris feel like they have become my friends and are certainly great mentors for me – I am learning how to be a successful forex trader as well as being taught some personal development based skills that I would have had to pay thousands for in a commercial environment! This in itself has been worth its weight in gold to me – and as that famous credit card advertisement statement explains, it’s “priceless”!

Sam

Every once in a while, an experience from your past comes out of nowhere and reminds you of just how much better life is now.  I spent the early part of my career working as a PA to some incredibly interesting business leaders – and they really were!  The long nights of having to work until the early hours, the 3am starts – yes, I really did say 3am are all but a dim and distant memory.  But why is this relevant to you my learning forex and my post today?  Well, before the children broke up I had the perpetual thought of “how am I going to fit everything in this Easter break and will I need to find some more hours either side of my day as I really want to make sure I don’t miss out on my forex training?”

I am so pleased to be able to report that this hasn’t been the case at all – by being organised and already in a great routine where I am at my desk for my daily forex rendez-vous at 6.30, there hasn’t been any more pressure to the hectic daily schedule, in fact – it has been a really peaceful and calm start to the day – before the phone rings and the children start asking what we will be doing …… sound familiar?!

Sam

The most telling thing for me is that I am beginning to realize that although I watched read explanations, watched forex videos and listened to the sound-tracks, I didn’t really take a lot of it in – and now, as I recap and go back over things, I am realizing how much was in there and how much I missed.

Here’s what I mean. We were told on several occasions that some of the rules about succesful forex trading would go completely against instinct – and would be very difficult to do. “Yeah, yeah,” I though, ” but not for me, I am really into this and I know I’ll be OK. I’m doing this for the family.”

Well, how wrong can you be?

Trading SAFELY is the pillar that Sid’s forex trading system is founded on. Everything is designed to revolve around this basic concept. In this context, ‘SAFELY’ means never risking your capital, on the premise that, whether you trade today or not, the most important thing is looking after and husbanding your capital. As we are repeatedly told, this is PRIME importance because if you lose your capital, there’s no coming back. It’s all over without it.

So, it’s put to us that our primary job is to preserve forex capital at all costs – the secondary job is to make it work for us – when it’s safe to do so – and not otherwise. As part of this safety strategy, we are taught not to trade unless we see the criteria that we have been taught.

But – to allow for the fact that no one is perfect and that anyone can make a mistake in a volatile market – we are taught, told and retold that there is ONE unbreakable rule that we MUST follow. It is this.

You only get into a trade when the crtiteria we’ve been taught, tells you that this trade is going to ‘go positive’ (become profitable) straight away. This is called looking for a good ‘entry point’.

As soon as your brain gets the thought that ‘this trade isn’t going positive’ we are told to close the trade. This means that we are always dealing in logic, not emotion. It means that we do not ever rack up big negative trades that we would then have to recover from. It means that all we have to do is develop our skill and judgment at picking entry points. It means that we are always in control. It means that the mathematics work. It means that we will never be risking more than around 0.8% of our capital (yes, we risk less than 1% if we follow the rules). It means that we will develop our forex trading to the point where we have over 90% positive trades and the negatives will be so small as to be insignificant.

I see the proof of this every single day as real-live traders and more experienced demo traders than me, turn in 100% positive trading days and weeks – regularly.

I KNOW all this and I’m learning how well the system works every day – but I have to tell you it is SO HARD to close a trade when it doesn’t go positive straight away. Would you believe – it goes COMPLETELY against every instinct I have?

Despite the fact that I was told this time and time again, my instinct is to wait and see if it will ‘go my way’. I have actually let negative trades go down and down and down, hoping, against all sense, that they will come back and prove that I was right all the time and it was a good decision to enter that trade. This is like piloting a plane that is gaining speed wonderfully well, but undeniably losing altitude just as quickly.

Now I know that I have further to go than I thought in my – I have to say it – egotistical way. Sid is proving SO right in all his teachings – and I’m just beginning to find this out. He says that being successful at forex is only 20% about ‘how to’ – and 80% about the individuals ‘character’. I’m beginning to see this for myself.

So – I am buckling down to be a ‘good girl’ and for ONCE – I think it might be better if I do what I’m told and forget about my ego.

May I say once again – I am LOVING THIS !!!

Sam

best forex course, forex for beginners, forex trading training, forex training course, learning forex

I have really been pondering about the call from last week and Sid said something that has really struck home and I have fully taken on board “avoid compounding our errors”.  That makes perfect sense to me and I am entering a new week with greater gusto – and a whole lot of discipline. Whilst in my apprenticeship, I am soaking it all in still and determined to get it right – which I know I can.

As Sid so rightly said, when learning forex there is no such thing as “I can’t” – I WILL do this better this week, I am going to sit down on Monday, go through the simple set-up routine that settles me down and prepares me for what I’m going to do –  make sure I don’t over-react like I did last week.  Sid’s way of trading has been so simple to pick up, yes there has been a lot to learn but it is now about putting this into practise and this will is going to be even better than last, I am going to make sure of it.

As we’ve been told many times – ‘don’t try and rush and force this apprenticeship. It’s not an event, it’s a process. Settle down, relax and ENJOY the process. Anxiety only makes it harder.’

And the more I think about this advice, the better I like it. I’m going to treat this apprenticeship like another hobby and not get uptight about it. As Sid repeatedly says to us ‘Be COOL about your trading’. I like what he says about buses too. He says, ‘Trades are like buses, don’t get up-tight and worry if you miss one, there’ll be another along in a minute.’

I really like this ‘mindset’. I tend to be a bit gung-ho – I really need someone to keep my feet planted firmly on the ground.

Right – it’s Sunday, it’s time to cook the family roast, spend time with my family – and look forward!  Isn’t this so exciting?!

Sam

I have taken a good few days and several sittings to write this for you as I have learnt so much and didn’t want to miss a thing in explaining what I have learnt – and how I see things moving forward.  This is an abridged version of my great experience to date!

Actually doing a forex course is the simple part, learning, listening and watching has been a big part of the last month, although it doesn’t seem to have taken up too much more of my time. I have made the time to learn everything throughout the course, savoured going off by myself on my FX Game platform to test some of things we have been taught about forex.  I know I’ve impressed my husband with what I have learnt – and totally bemused the children – but when I look back, I’ve actually only spent around an hour and a half a day, at the most, on this.

As I have said time and time again whilst doing the course, I have always found learning new things difficult and I do pride myself on my drive and commitment to “doing what I say” in life.  So what has been the most fundamental aspect of doing this particular online forex trading course?  Well, for me it has been the development of new life-skills, patience being at the very heart of this.  Throughout my life, I have been described as a “doer,” “motivated,” and “the one who always seems to be at her desk working away”.   I used to pride myself for being the first in the office in the mornings and the last out.  But this is different.

Learning to trade forex has been quite a revelation – it doesn’t pay to be the one who tries hardest, keeps going with the, “just one more trade” mentality which can be so destructive. That “just one more trade” syndrome, I now understand as being a most dangerous state of mind and one that I hope never to feel – and there’s no way I ever will with the things that I have learnt, thanks to Sid?

Going beyond common sense and personal control, is simply gambling. We have been taught that safety comes first and that professional trading is never a gamble. I know that the things I have learnt on this course will keep our capital safe but still allow me to make it work for me wonderfully.

I have sat back on the FX Game platform with my three little windows open and observed, made notes and watched the videos time and time again as recommended throughout the past four weeks.  In fact, I have filled just over half a standard A4 pad up with my notes – however, do not be put off by this fact if you are reading this with a view to taking this forex course.  I find learning easier by practising and doing a lot of note taking!

My forex journey to date I would describe as being similar to a bike ride in the countryside on a bike that I am unfamiliar with.  There is a lot to take in and see around me – but I must not lose sight of what I want to achieve out of this – and that is to become a professional compounder rather than a ‘trader’.

This might seem a subtle difference, but a ‘trader’ spends his or her life trading – that is, concentrating on the ‘trading’ as a kind of profession – the ‘trading’ means everything to them. That’s NOT the nature of this exercise. As Sid says, we are not interested in being a ‘Trader’ with a capital ‘T’ – we are concentrated in making our money work for us. After all, he asked at one point; ‘Did you join this course to become a ‘Trader’ or did you come to simply make money so that you could have a better life?’

I thought long and hard about that question. It seemed silly at first, after all, what IS the difference? And then it hit me – of course I didn’t come to change my life and become a ‘trader’, I came because I wanted to make money work for us and give us things in our life that would ADD to what we already have. What a different way of looking at this?

Do you know, having looked through my notebook several times in the drafting of this particular post, I have outlined, underlined and put several stars by this essential point.  We ARE learning to be professional compounders of money, in that we are learning to MAKE our money work for us, learning how to make-more-money thereafter, as a result of this. This really only hit home when writing this, going over the course and joining in with the BBC (Before Breakfast Club).

The fact that we are asked to become accountable for our actions in the BBC, is also a point that I am beginning to truly acknowledge.  We have come this far, have been able to learn, in our own time essentially, whilst feeling cared for as I have explained before.

Now it is time for us to come together as a group of professional compounder apprentices and share our daily experiences and learn from what others are doing too.  I know that we are still cared for, after all Sid and Kris are making the time to review our screenshots every day –  and still give one-to-one assistance where needed – wow, how do they have time?  And that’s yet another point, how many people MAKE that sort of time to help us out these days?

During this next stage of what I will now describe as my “apprenticeship” I will be giving more regular updates which I hope will be of assistance to everyone.  It has become really obvious to me that Sid and Kris are truly exceptional – not only have they been able to make a good living out of being great at forex, but they have a rare ability to be able to create communities where fellow forex professionals (that is what we are hoping to become) continue to chat, get to know each other and even support one another.

I have had the opportunity to read a lot of information online about other forex training courses, from online courses to those who claim that a simple software package can make you millions overnight; however, all of these sites are selling and not teaching or empowering.  This course epitomises empowerment, gently coaxes us to make time to keep up with this course – and then helps us to graduate from our forex education to become apprentices.

This is not the end of my forex journey but the beginning of something immense I feel – possibly describing it as moving in to a new village and getting to know people was an understatement, this is fast becoming a passion and one that I intend to learn at the pace and with the good grace suggested by Sid and Kris.

This post is the most important piece of content that I have shared with you to date – it encompasses some of the many, many new things that I have learnt as well as opening up a new chapter.

As my apprenticeship develops I hope you stay with me on my journey; I know that there are probably many people reading this with a big smile on their faces as they have sat exactly where I am today – professional compounders – here I come!

Finally – was it worth it? Am I pleased I took the leap? Has it been Inspiring?

Yes, Yes and most definitely, YES

Sam

< Previous Post

I intend to do a much more in-depth post about the whole course in a day or two. I think just a little time to let the last four weeks gel, would be a good idea before I do this.

I am very excited about the joining the support group (The BBC Club). I feel like I will be joining a new group of friends, a bit like moving into a new village where I will learn a lot from others, be a part of something where we’ll chat, share our experiences as ‘forex traders’ and probably have some great experiences along the way.

At no point during this forex training course with Sid and Kris have I felt alone, and I tell you what I think that is exceptional – and I have had some experience in this. What I probably have not mentioned before is that at one point in my career, about fifteen years ago now, I decided to do a correspondence journalism course.  It was hard work, not because I couldn’t motivate myself (hopefully by now you know that isn’t like me) but because I felt so alone and that no one really cared if I made it or not.

This forex training course experience has been completely different, I have felt cared for and supported – and I think this is so important when you are learning something new and building your confidence. This may sound a little silly, but I do think it’s exceptional, I feel like I have made real friends in Sid and Kris. Just as I was promised, it’s all been one-to-one with no jargon or “smoke and mirrors” along the way. I loved it.

Ah well, I am going grab a cuppa, dodge the two sets of eyes boring into me from my dogs to take them for the their twice daily walk and really enjoy my weekend audio.  See you in a day or two when I will give my honest and a little more in-depth assessment of my forex journey over the last four weeks.

Sam

Next Post >

< Previous Post

Anyway, this week so far has been mostly really great videos of trading and one about some simple, but as I understand it, very necessary rules – four of them. These rules simply mean that we’ll never be gambling with our capital, and this is very important for us as a family.

What reassures me constantly is that there is a real structure to the whole approach to making money work for you. It’s really about running trading to rules mixed with common-sense. The idea is, safety  – first and last.

I keep saying that I’m amazed at what I know. This course has been brilliantly put together, and I can’t really believe I’m in the last week, I have enjoyed every moment of it, and had some good laughs at some of the comic stuff that’s woven into the lessons. This is such a stress-free experience, not at all what I was expecting, and even anxious about.

I’m looking forward to joining the BBC and trading in demo mode next week. Just a few lessons to go now and I’ll be listening to the last week-end audio.

I think I’m going to miss this when it’s over

Sam

Next Post >

< Previous Post