Complimentary Forex Income Engine Coaching From Bill Poulos

4 Hours of Complimentary Forex Income Engine Coaching From Bill Poulos

You're about to discover a 100% customizable "blueprint" you can use to TRIPLE your profit potential in the Forex markets again & again, at any time of the day, for as little or as long as you like, starting with as little as a $500 trading account. The choice is ALL YOURS... Click herre to begin your FREE Forex Income Engine Coaching

UPDATE 12-10-2008: Here are some more brand new trading videos from trades I did this week using the Forex Income Engine. I just did these in my spare time, and you can do the same thing, according to your schedule. Watch how all the stress and worry is removed from trading when you trade this way.

The 4 "Golden Rules" That Most Traders Will NEVER Learn
I have 4 "golden rules" that I use to determine if a trading method is good for me:

It must be a complete method, with setup conditions, entry rules, initial stop rules, and exit strategy rules, leaving no decision to chance.

It must include specific risk management, money management, and portfolio management guidelines.

It must be based on technical analysis, but it must not be a 100% mechanical system.

It must provide a way to trade in as little as 20 minutes a day and not force you to stare at your computer for hours.

Let me talk about item #3 above for a moment, because this is where a lot of traders can potentially lose a lot of money.

When you rely on a computer to make 100% of your trading decisions, you do not learn how to become a trader, and you never will. Instead, you learn to follow directions. This can be extremely dangerous to your portfolio, because almost every system I've seen since 1974 has been back-tested and curve-fit, which means it will ultimately fail, or at least not live up to its past hypothetical results. Click herre to begin your FREE Forex Income Engine Coaching

Now, that statement might get me into trouble, especially with younger traders, who tend to believe that you can create a 100% mechanical system that never (or rarely) loses. Folks, that's called the Holy Grail, and a week doesn't go by that I don't get an email from someone who thinks they have found it.

By the way, this becomes even more dangerous when you base your livelihood on a third party service that feeds you signals every day without telling you their "secret formula". What would happen to you if they went out of business?

(Just for the record, I believe some mechanical systems ARE good, at least for awhile, but I also believe the only way to maximize their use is if you truly understand how to trade in the first place.)

Think about that for a moment.

The tendency of amateurs is to over-complicate things. They want to use (or misuse, really) too many indicators and patterns, and think that to be successful, there must be a bunch of complexity that is required in a good trading method. Nothing could be further from the truth.

Here are the top three reasons why I believe simple is better when it comes to trading:

Using too many or the wrong indicators is counterproductive, as the information that those indicators provide is counterintuitive and just plain misleading.

Using a few simple indicators in a uniquely powerful, uncommon way can provide the right information necessary to make good trading decisions.

With the right indicators and patterns, you will be far more likely to trade with discipline because you will be able to understand an objective set of rules that the right indicators and patterns can provide. Click herre to begin your FREE Forex Income Engine Coaching

To see all the exceptional Bill Poulos Forex and Stock Market training tools and programs that are proven to make you successful in the Forex and Stock market Click Here

The 4 "Golden Rules" That Most Traders Will NEVER Learn
I have 4 "golden rules" that I use to determine if a trading method is good for me:

It must be a complete method, with setup conditions, entry rules, initial stop rules, and exit strategy rules, leaving no decision to chance.

It must include specific risk management, money management, and portfolio management guidelines.

It must be based on technical analysis, but it must not be a 100% mechanical system.

It must provide a way to trade in as little as 20 minutes a day and not force you to stare at your computer for hours.

Let me talk about item #3 above for a moment, because this is where a lot of traders can potentially lose a lot of money.

When you rely on a computer to make 100% of your trading decisions, you do not learn how to become a trader, and you never will. Instead, you learn to follow directions. This can be extremely dangerous to your portfolio, because almost every system I've seen since 1974 has been back-tested and curve-fit, which means it will ultimately fail, or at least not live up to its past hypothetical results. Click herre to begin your FREE Forex Income Engine Coaching

Now, that statement might get me into trouble, especially with younger traders, who tend to believe that you can create a 100% mechanical system that never (or rarely) loses. Folks, that's called the Holy Grail, and a week doesn't go by that I don't get an email from someone who thinks they have found it.

By the way, this becomes even more dangerous when you base your livelihood on a third party service that feeds you signals every day without telling you their "secret formula". What would happen to you if they went out of business?

(Just for the record, I believe some mechanical systems ARE good, at least for awhile, but I also believe the only way to maximize their use is if you truly understand how to trade in the first place.)

Think about that for a moment.

The tendency of amateurs is to over-complicate things. They want to use (or misuse, really) too many indicators and patterns, and think that to be successful, there must be a bunch of complexity that is required in a good trading method. Nothing could be further from the truth.

Here are the top three reasons why I believe simple is better when it comes to trading:

Using too many or the wrong indicators is counterproductive, as the information that those indicators provide is counterintuitive and just plain misleading.

Using a few simple indicators in a uniquely powerful, uncommon way can provide the right information necessary to make good trading decisions.

With the right indicators and patterns, you will be far more likely to trade with discipline because you will be able to understand an objective set of rules that the right indicators and patterns can provide. Click herre to begin your FREE Forex Income Engine Coaching

To see all the exceptional Bill Poulos Forex and Stock Market training tools and programs that are proven to make you successful in the Forex and Stock market Click Here