Home

WHY FOREX?

GETTING STARTED

RESOURCES

FOREX CURRENCY STRENGTH CALCULATOR

Let Expert Traders Build Your Account For You

Are you a skilled forex trader? CLICK HERE to find out how to quadruple your profits!

Make a Difference...
Sponsor a Child!


OTHER STUFF
Take a Break from Trading!

Start your own website

 

FX TRADER LINK (FXTL) - A POWERFUL NEW IDEA ..
BUT BE CAREFUL, PLEASE READ BELOW FIRST:

NOTE: Please read everything below carefully before clicking the link to go to the FXTL site

FXTL may be one of the most innovative ideas ever to enable the average person to start profiting from the enormous potential of Forex. Over the next months and years, we may see a virtual 'stampede' from the stock market to forex as traders realize that, properly managed, it is better and safer to trade in a large, liquid, worldwide market than the US stock market which is constantly influenced by political and financial events, along with buyouts, sup-prime woes, collapsing banks etc etc.

As ordinary people turn to Forex, hoping to see profits, the problem will be that the learning curve can be a long one. You don't learn Forex trading overnight. If you are a skilled technical stock trader, you will learn faster, but if you are new to trading, or not yet skilled in chart reading, chances are it will be a long time before seeing consistent profits from Forex (or any other trading).

Enter FXTL .. you can open an account with as little as $1000 and allow experienced Forex traders (real people, not automated robots) to be linked to your account so when they trade, you trade. Some people are making 20% or more return per month. A few have made over 100% per month. The potential is awesome.

However .. beware, there can be 'cowboys' .. my term for traders who do not really know how to trade but play a giant numbers game, knowing that with ENOUGH starting capital, eventually they will win. In other words, they open a trade and just wait it out .. it may go against them several hundred pips, but eventually should turn around and go in their favor. This is not trading.. but it can make someone "appear" to have a winning track record in trading. Problem is, people like this can "blow out" a smaller account that cannot ride out the large drawdowns.

So how to benefit from FXTL with minimum risk? Follow these steps:

1. From the FXTL website, you first must open an account through FXTL with FXCM. This is the only drawbackas I do NOT recommend FXCM at all. However for the moment, this is the only choice.
Please use another broker for your own account.
FXTL allows you to start with as little as $1000, I suggest a minimum of $2000. And this must be money you can afford to lose!

2. FXTL will only allow you to trade mini lots for your protection .. you make money slower, but you also risk far less in losing money. So while waiting for your account to be funded, open a DEMO account (free) with FXTL and choose some providers to link to that account. I will start posting here (below) the providers I have found that seem to make more consistent profits with limited drawdown.

3. In your demo account, you have a place to set the number of lots a provider can open. In the beginning, set this number to 1 lot and 2 maximum lots. This will give you a better idea which providers are making money consistently in your account. Now watch the progress of the providers over the next 2 weeks.

4. When your real account is funded and when you feel you are ready, choose ONE provider for each $1000 you have deposited in your real account. Set the lot & max lots numbers to 1 and 1. YES .. you will start slowly, but this will keep you safer, and your account SHOULD start to grow steadily. Everytime you make another $500 in your account, you can either add another provider OR increase the lot size for a provider you already have.

5. Check your account daily to make adjustments, but remember any provider can have a bad trade or even a bad week, so don't be changing providers constantly, you need to give them a chance .. and in your real account, these should be people you have already tested in your demo account. Use your demo account to keep testing new providers.

WORD OF CAUTION: due to some problems getting this sort of system up & running, there can be glitches. Sometimes a stop is not honored in time and drawdowns can be much larger than the provider desired. You must have enough funds to cover unexpected drawdowns and emergencies. You must NOT allow too many lots to be open at the same time. Choose your providers carefully & any losses should be quickly made up by consistent gains.

Email me with any questions, I know FXTL may seem a bit confusing at first, but it is worth your time to figure this out .. even if you are trading your own account, you can have a 2nd one at FXTL AND you can get some trade ideas by watching how your best providers are trading, i.e. what new trades they have opened.

OK.. now click to go to FX TRADERLINK (FXTL)

 


TRADING FOREX IS RISKY, YOU CAN LOSE ALL THE MONEY YOU PUT INTO AN ACCOUNT. THERE ARE NO RECOMMENDATIONS FOR ANY TRADES ON THIS SITE. ALL INFORMATION IS FOR EDUCATIONAL AND ENTERTAINMENT PURPOSES ONLY. ALWAYS TRADE IN A DEMO ACCOUNT UNTIL YOU ARE THOROUGHLY SKILLED.
The views expressed on this website are all the personal opinions of a novice trader, are offered for educational and entertainment purposes and are in no way
intended to serve as personal investing advice. There is risk in trading and particular risks in Forex trading. Forex trading has large potential rewards, but also large potential risk.
You must be aware of the risks and be willing to accept them in order to invest in the Forex markets. Don't trade with money you can't afford to lose
You should not make any investment decision without first conducting your own thorough due diligence and/or consulting a professional.
This website is neither a solicitation nor an offer to buy or sell stocks, bonds, commodities, futures, options, currencies, or any other financial instrument.
While the information provided is obtained from sources believed to be reliable, its accuracy or completeness cannot be guaranteed, nor can this website be, in any way,
considered liable for the future investment performance of any securities or strategies discussed
All rights reserved. Content on this site cannot be reproduced without written permission from the Webmaster
Email Webmaster