FOMO

Watching the Shark Tank today Mark Cuban mentioned "FOMO".  The fear of missing out.  If you are a Forex trader, you know where I'm going next...  Fear and Greed.

It has been a while since I've had FOMO.  I'm pretty much at peace now and know there will always be a better trade, another opportunity.  No longer do I jump into trades for the fear of missing out.  I am content knowing I am missing out all the time.

If you haven't conquered FOMO yet then I suggest you look at your trading plan and your routine.   A well informed and prepared trader has to be confident.  If you are not confident then that means your trading skills or mind set isn't there yet.

Confidence Boosters:

• a Clear Big Picture
• Trendline Analysis on ALL timeframes
• studied the Currency Pair for some time
• gauge upcoming financial news impact
• gauge upcoming sessions open and closes and their impact
• a tested and proven entry plan
• a tested and proven confirmation
• an alert or signal system that keeps you connected when away from the charts
• a tested and proven risk reward ratio (TP / SL, Lot Size)
• reasonable lot size that has been gradually increased
• a tested and proven exit plan
• a bank account that can weather several consecutive losses
• ability to monitor your trade remotely

Forex Alerts

I am happy to announce a new service that I am offering my clients.  Forex Alerts.

If you have read my blog then you know that I am a big believer in semi-automated trading.  I believe in automation to provide Forex Signals to review potential trading opportunities with the goal of making a profitable trade.

For this reason I have developed Forex Alerts for 6 of my proven Strategies.  These Alerts are based on Daily, Hourly, and Correlational Strategies that I have been developing for EURUSD, GBPUSD, USDCHF, EURJPY, GBPJPY, USDJPY, AUDUSD, AUDJPY, USDCAD. 

The Alerts provide a trend, bias, trendlines, upcoming news, notes, and Screenshots to make better trading decisions.

Here are some Sample Screenshots of the type of email alerts you can receive.  That's right, these are actual picture attachments that are sent to you via email.   Most signals are boring, they are nothing but text.  Worse yet, how can you make a trading decision without seeing the chart?   
Included are trend analysis, commentary, a weekly bias, and my personal bias.

Forex Signal Subscription

• "Week Ahead" Trading Commentary
• Session Reports
• Trading Tips
• Signals for 6 of my Trading Systems
• with Chart Analysis
• and Chart Screenshots
• plus a Weekly Bias
• and my own personal Bias
• Average of 7 Signals per Day
• PLUS an Introductory Email sharing 6 of my proven strategies!
• Starting at Only $29 for a 3 Week Trial

Sign up to my one year subscription and I guarantee you will make more profitable trades!

No Results - No Fee. 

Subscription Options

Trial - 3 Weeks $29.00 USD 3 Months $99.00 USD 1 Year $299.00 USD

Upon receipt of your payment you will be contacted to confirm the email address to use for the subscription.

Testimonial
"Signing up for the alert service has really been beneficial for me over the last month.  I have had the most profitable month yet with the bonus of not having to check the charts all the time.  The alert emails have been letting me check the charts only when the market is moving to a potentially good entry point.  The screen shots with the bias on them have been a huge help in making higher probability trades.  Thank you so much for taking the time to create a well thought out, well executed alert system that only sends out meaningful information!" --- Brendan, April 2015, Presently Traveling South East Asia, Living in Calgary, Alberta, Canada

Yep, I'd ride my Motorbike here

Only a few months ago I visited Bangkok for the first time and was in awe of the traffic. 

I thought to myself, no way do I ever want to drive here.  Not in a car and definitely not on a motorbike.

A few months later I'm driving a car in Phuket.  Not long after that I'm riding a motorbike and zipping in and out of traffic, passing cars, getting from point a to b in less time than a car without the need to find or pay for parking.  Sure it gets a little hot or wet at times but overall it's a great way to commute and enjoy Thailand.

Now that I'm back in Bangkok again I feel confident I can ride my motorbike here. I'd even prefer it over walking those awkward sidewalks, cramped streets, and fighting off panhandlers.  
Funny how ones perspective changes.  Equally interesting is how one adjusts to the big city in a flash.
Day Trading is quite similar.  It's like riding a bike, once you get back on, you are quickly peddling like it was your first bike.  And all that experience riding your bike, or day trading, comes in handy as it guides you. 

Then there comes that day where you take out your bike and you face a new challenge or you figure out a new trail, or you upgrade to a motorbike and one day take on Bangkok.   In trading you have your comfort zone, you have a system or strategy that you know that works. And as you get more experienced, you start riding that traffic like you ride those waves in Hawaii, like a champ.  You might even figure out some new tricks, some new strategies and systems.

All in all, the Forex Market is exciting.  It's an experience.  It's always changing and yet it's as it has always been.  A good platform, broker, system, and strategy are not enough.  Experience is key.   A great way to get insight on the Forex Market is to sit down with a pro, someone that has been trading the Forex Market for many years and can share their experience.   Just an hour with an expert can be as powerful as a few years on your own.   If you don't have one, I recommend you take on a Forex Coach.    For more information have a look at my Day Trading Course.