Best Forex Trading Course London | Pro-Trader
One the first Forex trading courses London that I ever attended was run by one of the famous former turtle
traders. A guy called Russell Sands. He was a good teacher and the course was
soundly based on a proven methodology. It was based around the methods used by
Richard Dennis and Bill Eckhardt to make hundreds of millions of dollars in
personal trading profits during the 1980s. They used the methods to trade both
the commodities and currency markets. Those Trading strategies worked very well
in the currency markets as currencies have a tendency to trend well and the
turtle strategies used were so-called “trend following techniques”. These
methods rely on the fact that on, albeit relatively rare occasions, markets
have a tendency to break into very prolonged and pronounced trends, either
upwards or downwards.
If the trader can ensure that they are on the right side
of any such trends then they will be richly rewarded. For those of you that are
learning to trade and perhaps have not attended any Forex trading or training
courses you may well ask “well how we always get in the right way round on
every big trend”. Surprisingly it is actually not that difficult to do. The Turtles
used a Donchian channel to achieve this but there are many other methods, based
on both simpler and more complex methods that will achieve exactly the same
effect. So it is certainly not magic and the concepts to use a very well known.
The key is to understand that if the market is going to break into a long trend
it has to breakout and make either new highs or new lows at a relatively early
stage in that trending move. Consequently if you buy every upside breakout and
sell every downside breakout you simply have to be the correct way around in
every major trend that ever occurs. This was the key to the Turtles trading
success and both Dennis and Eckhardt are credited with having made over US$400
million from their trading end devours. We at Pro-trader strongly believe that trading
success is dependent upon receiving quality trading education from competent proven traders in exactly the
same way as the original Turtles did.
Comments
Post a Comment