Showing posts with label Apprenticeship. Show all posts
Showing posts with label Apprenticeship. Show all posts

The Turtle Dove: The Path Of The Flock

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The Turtle Doves: RepaPips 

"RepaPips" are the members of the FXFledgling Apprentice Program. That's what they decided to call themselves. RepaPips are the young turtle doves of Forex Trading that have just developed their flight feathers. In April 21, 2018, the RepaPips will be flocking at the TRADERS FAIR in Makati Shangrila, the GRAND EYEBALL. They will prove that it no longer takes years to be a consistently profitable trader. It only takes a genuine no-doubt decision to be disciplined and brave to follow the path of the flock. Everyone is invited to join so you can ask questions and discover how they did it. 

How to join 

Sign up for FREE at the TRADERs FAIR here... https://philippines.tradersfair.com/

FXFledgling is an FB Forex Study Group that genuinely aims to help traders to shorten the learning curve in Forex Trading. We are not in a business of selling any service or product. The training and trading tools are FREE. You can join us here... https://www.facebook.com/groups/FXFledgling/permalink/1416740741768152/

Funding IC Markets With PayPal

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By Elaine Zagala, Guest Writer, FXFledgling Apprentice


Pre-requisites: 


  • PayPal account 
  • Credit card/Debit card (e.g. GCash) linked to your PayPal account 


Steps: 


  1. Log in to IC Markets website. 
  2. Go to Finance > Deposit Funds. 
  3. Choose ‘Fund Now by PayPal’. 
  4. Ensure that the correct trading account number is displayed. 
  5. Enter the amount to be deposited and click on ‘Check Out’. 
  6. Enter your PayPal credentials on the login page. 
  7. Check your payment details. You may accept the default funding source or change your card. Click on ‘Pay Now’.

Steps On How To Get A GCash

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By Melissa Agar, Guest Writer, FXFledgling Apprentice

Step 1) Since this is from Globe Telecom, you need to have a Globe or Touch Mobile sim card.

Step 2) Go to your nearest Globe outlet or Globe Booth.

Step 3) Fill-up the GCash Service form. Normally, you only need to answer the highlighted fields.


Step 4)The Globe Representative will assist you to register/activate your GCash.

Step 5) Register your GCash Account. Click this link to know how... http://fxfledgling.blogspot.com/2017/12/how-to-register-gcash-account.html

Steps In Creating A Virtual Private Server (VPS)

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By Mako Adrias, Guest Writer, FXFledgling Forex Apprentice 

  1. As advised, create first a PayPal account. This will be needed for the payment of the VPS PayPal is needed for safer transactions online Here is the link: https://www.paypal.com/ph/webapps/mpp/pay-online?&kw=sCoWo91sc_dc;192594210715;slid-;875anh5881&gclid=CjwKCAjw-NXPBRB4EiwAVNRLKhKiy7kAKE3iWTDAgoLYsgG328z2NbnWOcgzS6Hzi65sZ4IrIJhP_RoC7akQAvD_BwE&mpch=ads&mplx=27738-206513-42569-0&spid=412304064217834052 
  2. After creating the PayPal account here is the link for the VPS given by our teacher Here is the link: https://portal.pivps.com/aff.php?aff=105 
  3. Upon open clicking the link click GO TO ORDER FORM 
  4. Click #1 WINDOWS VPS $6.99 Click the ORDER NOW 
  5. You will be brought to a page which would show you your options and the calculations of your monthly charges. If the Default is okay with you which is the basic one of $6.99 monthly scroll down and Click CONTINUE 
  6. Double check again what you are going to purchase and click Checked out 
  7. You will then pay with your PayPal account and make an account 
  8. Please check your email. 
  9. You will be sent further instructions on how to open the VPS account 
  10. Please just follow the basic instructions on the video Here is the link: https://www.youtube.com/watch?v=RJxgWPV0vi0 
  11. You will be using remote desktop connection of your Windows in which you will input the IP address which will be sent to you thru email 
  12. The username and password as well be sent to you

Downloading, Installing, Setting Up Metatrader 4

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Metatrader 4 or MT4 for short is the industry standard platform for Forex trading by regular people. For beginners, you have to register first to IC Markets (my broker) before downloading the MT4. To register please use, the registration link below with my tracking and referral code, "7469". Click it and fill out all the information fields.

 http://icmarkets.com/?camp=7469

After your registration, watch the tutorial video below on how to download, install and set up your first MT4 application.

The Theory of the Forex Price Tide

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The Forex market is like the ocean. It is like a river. The water flows... the water CURRENT. This is the reason why money is called CURRENCY. It creates its own flow. It circulates. It can be exchanged for other money. The flow creates demand. The demand makes it flow, even more, STRONG CURRENT. There's one of the best ways to survive the flow of money; SWIM ALONG THE TIDE. SWIM ALONG THE FLOW. It makes your Forex-life easier. 

The Theory of the Price Tide states that at any given price of any financial instrument that can be traded on both LONG and SHORT positions, the price will certainly go either way. Simple idea right? But how come the majority of traders failed to prepare a plan for this? Because they predict the price destination. There's nothing wrong with price prediction. I know a few traders that can successfully predict price destination with good probability and success. But to most of the traders, they are not meant to think and analyze like that. People have a different level of thinking. A person can be a good doctor but cannot be a price-predicting trader. A highly intelligent accountant may not be a good price-trend analyst. This is the reason why most traders fail. If you will ask me if I am a good price-predicting trader, I would say... I AM NOT. :) Since day 1 that I admitted to myself that I am not that good at that, that's the time that I start to gain a real profit. Because I started to look at a different angle, an alternative way to analyze the market price. Thus, this simple theory made me design a systematic approach to trading that doesn't need to predict the price. I just need to go with the trend until it ends. When the trend ends, I designed a strategy to limit losses when I still have positions. Once you see this dimension of the market, you will discover more dimensions, more ways to get positive pips. You can use all indicators available and you wouldn't even think that they are lagging. For price-predicting traders, indicators are lagging, but for trend-riders like us, it is not.

Trend-riders like us may not be as smart as the rest of the analytical traders. But our life is simple. And we achieve the bottom line, CONSISTENT PROFIT.

If your ego is not high like us, you can be a TREND-RIDERS like us. Join the circle, click here... https://www.facebook.com/groups/FXFledgling/permalink/1416740741768152/

On Learning Forex Trading: Start It Right

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Newbies can relate to this...

You are seeing many tips and lessons in the internet on how to trade from different veterans and mentors. You have tried many of them but failed. So most of the newbie traders have thought that the internet is full of pretenders, fraudsters, and charlatans. So they would hate every Forex mentors they have seen online because they think they are fakes. Hold your horses. It may not always true. I think many of these Forex mentors have no intention to trick you. I think they are only guilty of one thing... They made you drive a BIG TRUCK right away... What⁉️⁉️


Forex Trading Is Like Driving

Learning how to trade is like learning how to drive. If you don't know yet how to drive, you can not expect to learn driving with a big truck. You will feel overwhelmed and may not learn it. Even if you do, the whole learning process is very hard, a very terrible experience. To avoid this bad experience, start it right. Start with a small car. It's the most easy and convenient way to start. You have to feel first how driving is. The learning curve will be shorter. The same with Forex trading. You should start small. While learning how to trade, you have to have a good feel of the market price movement first. To achieve that you have to start trading with a demo account right away, not to profit right away, but to feel the movement of the price. Immerse yourself to grasp the feeling. Absorb the idea that it's not just ups and downs, not just ranging and trending, and it's random, very difficult to predict the future price. Baby steps. You don't have to learn everything all at once. Learn one at a time. Learn while you are doing it. Just know where to get any information in case you come across a situation that you need help to learn something. Start learning using any customized tools that you come across with. Remember you don't have to master how each tool works. You just need to feel the experience of the market. Having a real feeling about the market can make you use any tool and indicator at your advantage. Any strategy taught to you, you've got a big chance to achieve success.

Enjoy the weekend :)

What Makes A Successful Trader?

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There are two ways on listening to a music. Those who just feel the rhythm of it to relax and enjoy. The second way is diving deeper to the emotion of the rhythm, absorbing the lyrics, learning the relevance of each note and putting oneself to the story it tells for complete immersion. The first one is for enjoyment, the second one is for mastery. When listening to the music, both ways are fine. But if you are aiming for mastery, you should be doing the second one.

The same with Forex Trading, there are also two ways to do it. Most of the traders are learning the chart, candlesticks, indicators, trendlines, channels, price actions, fibonacci, etc. They focus on the obvious angles of the analysis. They observe the ups and downs of the price movement. They focus on what they see in the chart based on common knowledge. That would make you enjoy trading. The second way; the hard and painful way is always ignored. Because it requires diving deeper beyond the obvious, absorbing what's behind the chart, learning the relevance of each candlestick, indicators, etc., and putting oneself to the psychology and behaviour of the whole market, and knowing the story it tells beyond fundamentals and news, knowing entirely new dimensions of possibilities. If you aim for just knowing how to trade, you do the first one. But if you aim for mastery, you should be doing the second one. The second one is not quick, not overnight. It may take years to master. All those who invented the indicators and methods are all masters. They jumped beyond the common knowledge. That's why they came up and invented something. They invented tools to make trading easier for ordinary traders to learn trading quickly instead of aiming for complete mastery.

In the Apprentice Program, we will be discussing about this tools in order for them to achieve quick success possible. Tools will be introduced, but members should be smart, patient and not lazy enough to follow exactly how they are used. The bottomline is... they should be profitable after the program, the easy and quick possible way. The goal is ambitious. But it's too early to say that it's not possible. We are choosy on admitting participants as 100% profitable students is the overall objective. We are accepting only for smart, independent, resourceful and not lazy traders to achieve this.

Join here if you think you have what it takes to be an apprentice. It's free... http://eepurl.com/c0QPS5 

No Stop-Loss and Hedging: Unbeatable Combination?

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Search the internet. Google "Forex Hedging". Have you found a clear strategy on how to escape the unmerciful strategy. Most traders who hedge has ended up using Martingale, and eventually get busted in the end. When this topics are seen in the internet, forum, and any social media platform like Facebook. People often ended up blaming the traders who hedge on not doing his best on analyzing the chart before entry, instead of helping out how to end it. Those who would like to help, with the lock of clear system to end up hedged trades, they will just point out support and resistance levels. It may help, but we all know that still that's not a clear way to get rid of the bad situation.

I have seen this all the time when reading online. This made me decide to get back to teaching, but this time I will give it away all for free to those newbies who deserve it and seriously eager to learn. After the Apprentice Program that I just started, I may go back to hibernation again. Unless, my new students become obedient with the whole process. If you are a newbie and want to jump the bandwagon, and you think you have the right attitude to get along with the process, you can just register in this link...   http://eepurl.com/c0QPS5

Now, let's go back to the main topic.

There are two types of trader's behavior in a situation of a losing trade. Those who want to cutloss right away, and those who want to keep up with the fight, and possibly will hedge. To each his own. Both can be a good decision, if you know exactly what to do.

Cutloss - this is for those who don't feel hurt to lose some money. The question to those who do this is... "How can you recover the lost money in a short possible time?". Do you have a plan for that? It is easy to say or do that you will cut loss, but lost money is lost money. Are you doing it just to say that you are doing it properly to feed your ego? Or it is really a part of your exit plan?

Hedge to keep up with the fight - this is for those who don't want to see his account balance to decrease. Admit it or not, there are many traders like this.  Their ego can't handle the feeling that their trade is a losing one. They just can't take it. But with this, the same question applies... "How can you recover from the hedge trades?". Do you do it just to keep up with your ego? Or is it really a part of your exit plan?

Once you answer this to yourself with complete honesty, you will eventually realize that everything else is the least of your problems except your "Exit Plan". Your exit plan will make or break your trades, and not your analysis of your entries. A complete design of an exit plan is what you need before you open a trade. Unfortunately, most of the traders don't give attention to this part of the trading plan. They are thinking that just putting an SL is already a good exit plan, or doing your best to get the direction, putting a tight TP with no SL is a good way to go. I'm sorry to break the news, but these are all misconceptions.

Stop-loss can be used, definitely for your exit plan. Hedging with no stop-loss is also a good way to go. But, there are a few things that you need to think about before you can execute them with high accuracy. Not 100%, but at least with high probability that you will make it a positive trade.

In the advanced part of the Apprentice Training Program, you will learn both. Using SL, and using Hedge with no-SL. These are for free guys, no string attached. If you want to learn this, catch us here...  http://eepurl.com/c0QPS5

Zero To Hero: The FXFledgling Forex Apprenticeship Program For Beginners

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Zero To Hero

An ambitious goal. My dream. Our dream. The apprenticeship program is aiming to teach newbies, who has no background on Forex Trading.

If your dream won't scare you, they aren't big enough.

So for the 1,000 members of this program, I am aiming for 100% profitable students in less than a year. I'm screaming now here. "CAN I DO IT?", "CAN WE DO IT?".

In any endeavor, acting alone is a slow process to success. In this initiative, I need the 1,000 members to be cooperative and should follow instructions down to the last details. Failure to do so by one of the members will hinder progress.

The plan for this program is just at the initial stage. I just decided about this this week. I will structure it as I go. Any issue we will have in the middle of this process, please bear with me. Let just help each other refine the program for the sake of the whole group. If there's an issue, let's all resolve it like an educated people, no guilty-finger pointing. If we are all together into this, we will achieve the 100% goal.

This blog will be our official blog site. All topics will be posted here. All tools that I'm going to share will be uploaded in our FB group, https://www.facebook.com/groups/FXFledgling/. All tools will have expiry. Only members of this apprenticeship program will get a full-version no-expiry copy. All tools for manual trading will be for free.

If you want to say something to the group, please post to our FB group.

Good luck to us.

PS To those who want to join the fun. Please register in this link... http://eepurl.com/c0QPS5