Forex Trading Workshop
New for South African Forex / Currency Traders.
Realise the potential to trade Currencies for a Living, attend our Forex Trading
Workshop!
Would you like to progress from Total Confusion to Clarity in the Forex Market In 2 Days?
Would you like to have a business opportunity with negligible capital investment, no debtors, no creditors and
no unions?
Join us for the Forex
Course of the year!
Rivonia Dates: 13 & 14 May 2010 and 29 & 30 November
2010 Times: 09h00 – 16h30 Daily Venue:53 Autumn Road, Aptus House, River Park.
Investment: R12,995.00 (Inclusive of all work material, CD's, Notes, Lunches and
refreshments)
Contact Us: Mail Michelle Broadhurst at or phone me at +27 011 867 6026 to
arrange the course for you.
Important to Remember! The two-day workshop is followed by Friday afternoon sessions
designed to review the trading techniques that is presented during this course. Afternoon Follow-up Sessions
will be available to all delegates.
Dr. David Paul will cover the following areas:
1. The structure of the Forex markets.
2. An overview of the psychology of trading.(This is extremely important)
- The role of will power and imagination.
- How to pull the trigger.
- Exercises to diminish the role of the ego in trading.
- Five key beliefs to foster a winning attitude.
3. Expectancy and thinking in probalities
- The importance of money management.
- A simulation of the concept of trading clusters.
4. A method to trade currencies in the 2-3 day time frame.
- All delegates will enjoy ‘simulated’ Currency Trading on dedicated PC’s, under the watchful eye of Dr David
Paul.
5. A method to trade Forex intraday using 30-minute data.
6. A short-term Forex trading method to snip and cut during the day using 5-minute data.
7. Thinking like a Forex Trader:
- Stage 1: The Mechanical Stage.
- Stage 2: Personalising The Systems.
- Stage 3: Developing Intuition.
8. A Trading Challenge.
The Share Direct Forex Trading
Course is a rigorous analysis of the dynamics of the market and very importantly the
mindset of the trader. The course is divided into this 3 components required for success.
1. A Trading Plan The trading plan uses technical analysis giving signals based on 5
min and 30 min bars of candles. The plan details the time frame, trade entry and exit including rules to master the
skills of when to take profits. Any of you who have traded shares will realise that this is quite an art form. The
trading plan makes use of both trending and range bound trading techniques and has a hit rate of 72% in back
testing over 3 years of tick data.
2. Money Management The amount to risk on any one trading decision is probably the
difference between winning and losing. Exact money management rules are given and moulded into the size of the
trader account.
3. Trading Psychology After the above has been mastered 90% of the exercise is
mental. One of the initial goals is to produce a positive winning attitude around an uncertain outcome. This
is not what you think, and without this skill any trader will fail to produce consistent results.
Quite frequently a new trader who has been very successful in other business projects will beat themselves to
death in the markets – WHY? - To produce consistent results the trader needs to replace attitudes and
beliefs, which may work well in business but not with the Forex market. I can positively state that if my 5
Fundamental truths are not followed, the trader, no matter how good his analysis is, will fail in trading the
Forex.
“If you wish to produce an income based in a hard currency from the comfort
of your home anywhere in this world and are prepared to roll up your sleeves for a few days of work on your system
and yourself, then I can promise a very bright future for you and your family.“ Dr David Paul
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