Refer-Online

Hello Everyone

Most of you know me as the person who promotes the residential mortgage brokers Blackwood Finance.

I have recently been talking to an ex-IFA, and now forex trader, who lectures and runs courses on Forex Trading. He has offered his services to UK Refer On members for an 8 hour, one day beginners course at a cost of £395 per person.

This will include lunch and we need to have a minimum of 12 people signed up to attend with a maximum of 20.

I have added some information below about the forex market and the course content.

The internet has changed how business can operate for many, so if forex trading from a beach hut appeals then start to learn now!

I have attended one of these courses and was relieved to discover that John starts with the basics and makes a difficult subject much easier to understand than I expected.

The date for this course is 6th September.

If you are interested please email me at forex@globalincomebuilder.com .

Regards

Phil Selwood





Beginners Forex Course 6th September 2005

Forex for Beginners – A FULL day “Live Workshop” held at the Exchange Conference Centre, Bridgwater Somerset (J23 of the M5)



Ten years ago, the closest that most private individuals came to trading foreign exchange was a visit to the Bureau de Change at the airport before flying off for their holidays. Now, however, the invitation is open for every active trader, investor and private investor to participate in a market that has become both accessible and extremely profitable. Foreign exchange trading has arrived, and the doors are wide-open to the largest financial market in the world. Now, for the first time, the opportunity to learn how to trade the Forex is coming at a competitive LOW price
Why Forex?
It is a fact that you can start to trade Forex with as little as a few hundred Euros by opening a Forex Trading account. Furthermore, the currency (or forex) market is opened 24 hours a day, so a trader can day trade or short-term trade with an active financial controls, all the time. All this is relatively new. In the not too distant past, only banks and wealthy individuals and institutions could trade currencies, but now, thanks to the internet, every small investor could participate in currency trading (or forex trading). Some of the major advantages of currency trading over stock trading are:
Forex Trading - 24 hours a day - Currency trading goes on from Sunday evening to Friday afternoon, so for 5 days of the week you could trade currencies all day long! The currency market does not close every day like the stock market. This basically allows the Forex trader to choose the hours that he is going to day trade (morning, afternoon, nighttimes...anytime!).
Greater Leverage - Home Forex traders can open accounts with little money but because of leverage, which is greater than for stocks the trader can This basically means that they could day trade $100,000 worth of currencies with only a small bank. Short-term stock traders (those who hold stocks overnight) only have 2 to 1 margin. As a currency trader (whether day trading or short-term trading), margins can be up 400 to 1. A big difference!
Easier to Follow - There are only a handful of major currencies to trade. This is a lot easier to do than with stocks. There are tens of thousands of stocks out there. How do you choose which stock you are going to trade? It is much easier to follow a few currencies.
More Liquidity - When we are trading any market has to have enough volume to make it worth our while. Greater volume means that there are more people willing to buy and sell something at any given time. The currency market is more liquid than all the world stock markets put together. Currencies are always in action.
Free Trading System - A top of the line stock day trading system, costs a considerable amount of money per month. The software we use is totally free and there is no expensive data feed. This lowers the day trader's costs. A great system is one of keys to learning to trade.
Better for Shorting - There are artificial controls built in to the market to prevent it from going down too fast. The reason is that we live in a biased world that likes to see things go up instead of down. One of these artificial contraptions is the "uptick rule," which comes into play when shorting stocks, making it more difficult to sell a stock short than to buy it. This is unheard of in the currency market. Selling currencies short while trading is just as easy as buying them.
Great for Short-Term Traders - For those that like to hold stocks for a few days when trading, currency trading is perfect. Since the currency market is opened 24 hours a day for 5 days a week, a currency trader that wants to hold a currency position from one day to the other (or for a few days), can do it with a stop loss and limit orders in place.
Totally Risk Free Learning - LearnTrading is aware that Forex trading is not for everyone. However you can learn without risking one single Euro and you also get lifetime support and mentoring from the UK's no 1 Forex Teacher.
Teaching sound basics is our top priority. The workshops are run for a maximum of approximately 20 participants, to ensure that John can respond to individual needs. The courses are designed to enable the total beginner to gain a solid basic foundation upon which students can build their trading skills.
John Bartlett speaks in a plain, easy to understand manner and has a great deal of experience in the day-to-day use of the internet and the advanced trading software. As this is so crucial to the home trader, John only teaches in 'Live Trading' conditions, he will not teach currency courses during non-trading conditions such as weekends.
State-of-the-Art technology is a key feature. All technical trading software and programmes are provided at no additional cost to students. There are no hidden extras. All participants are provided with all notes, books and software to easily install on their own computers after the workshop.
At 'LearnTrading' we strive to constantly to improve the quality of our workshops. Your feedback helps us monitor quality and make adjustments as required. We realise just how precious your time is. Therefore, our training courses are designed so that you glean the maximum know-how with minimum time investment. Many individuals who have never known how, or what to trade are now turning to the Forex markets to increase their income.






Course Itinerary

08.30 am Sign in and register. Coffee/tea on arrival
Your instructor for the day - John Bartlett.

9.00 - Morning Session (coffee breaks at regular intervals)
These sessions are subject to change and the timings may change depending on the requirements of the students. This is a brief outline of the subjects to be covered.
Session 1
· The $1.9 Trillion a day Forex Market
· Introduction to currency pairs
· Major currencies
· Comparison between Forex, Equities and Futures
· Liquidity
· 24 hour market
· Cost comparisons
· Leverage
· Basic Principles of Currency Trading
· Prediction vs. Betting
· The Buy and Sell Movement
· The "Spread" and it effects
· Sizes of trades - pip calculation
· Gearing & effects 400:1
· Margins and overnight interest
· Practical Advantages
· Overview of technical analysis
· The Trading Platform
· How and where to download the demo platform
· Help & Support on the trading platform
· Risks involved with Forex Trading
Session 2
· An introduction to fundamental analysis
· Where to get live news feed
· Brief description on effects of world events
· Timescales
· Introduction to technical analysis
· Timeframes & scales
· Understanding what charts mean
· Candlestick charts bar & line charts
· Understanding charts
· Trends
· Support & resistance
· Trend reversals
· Breakouts
· Moving averages
· Studies and indicators
· Short/Medium/Long term trades
· Bollinger bands
· Parabolic stop & reversal
· Relative strength index
· Directional movement index
· MACD - Histogram
· Williams %R
· Chart patterns that consistently make money
· 13 specific chart patterns that work




Lunch Break (with lunch provided)
Session 3
· Placing trades - alternative ways
· Placing stops and their importance
· Placing limits
· Moving both stops and limits
· Changing chart parameters and colours
· Practical applications in Real Time
· Setting up charts to track choices 9 charts 18 charts etc.
· Setting up for quick logon and overview
· Trailing stops to secure profits
· Increasing positions
· Setting alerts
· Leaving Buy/Sell orders
· Checking accounts
· Hedging positions
· Placing an end of day trade
Session 4
· Placing New trade (Traps and setups)
· Inbuilt trading systems
· The advantage of trading systems
· Changing trading system parameters
· How to set them up
· Bringing it all together
· Deciding which type of trader you are
· A look at different trading strategies (what the experts do)
· The Tornado Trading System (setups and trading it)
· Preparation Trading Plan
· 20 points or 200 ??
· Protecting your position
· Locking in profits
· Using alerts wisely
· Recording your trades in your journal
· Showing you entry and exit strategies
Session 5
· Money Management (The Holy Grail)
· The importance of financial control
· Trading sensibly within your means
· The financial mistakes of most losers
· Gamblers logic and rules
· Psychology of trading
· Trading what you see and not what you feel
· Self discipline and creating working habits
· General section on mental problems and how to overcome them
· Websites
· The best websites to visit and use for Forex
· You are shown around the internet saving you hours of research and thousands of pounds

The cost of £395 includes:
· The full day workshop
· Lunch and refreshments (cost day delegate rate £50)
· Free software and data feed
· Full workshop on CD (value £275)
· Trading platform manual on CD
· Free trading diary on disc
· Unlimited ongoing support online
· The Tornado Trend Trading System (value £149.00)
· Additional CD with extensive Notes, e-books, pdf files
· Written notes and handouts are not provided to keep costs down
· Free Traders Magazine