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Old 27-09-2004, 16:56   #35
PittsburghFX
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Join Date: Sep 2004
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Cool

Regarding the trades, I offer a service for that I am working on. It will be a few times a week that we put trades on. Website has details. Let me know if interested by my salesbox.

Regarding the FXCM PowerCourse, you can't really use my opinion on it because it is very partial. I am very proud of the work that I brought to the table regarding lessons and also the JAVA lesson for the marketing of from the powercourse website.

That was very fun to do. Taking this experience, this is why I am offering my own 1-1 training and it goes through the same concepts. Stick with the FXCM course and follow it. Don't jump ahead, don't try to make money.

Bill Gates didn't develop Micrsoft for just for the sole money of it. Think about it. When you trade focus on trading and points, not the value of it. IF you go to work, do you think, put in two hours so far times $10 per hour I am ahead $20 for the day so far? NO. Focus on trading and use the instructors. They know what they are doing. They taught me so much I can't explain. Those guys have backgrounds that could write books about. The most interesting lives I have ever met.

I got to go out to dinner and hang out with these guys and still keep in touch with MSN chat. They wear blue jeans too.

A warning however in general with any course.

I had tons of clients doing great in the demo's while in the course. I mean they did great. One guy picked out a nice charting pattern, I think it was some triangle of some sort, and I did great picking a 1-2-3 of of it. God Bless that guy. Helped pay down the student loans. But after they deposit hard earned money everyone gets constipated and can't trade without fear.

If you only make 30,000 per year lets say for Ex: don't start with 5k to trade. Start with $500 and take baby steps up to that level. When I first started I did with $2000. I was trading a few years back before during college algebra at 11AM, but the market is done by 1030 most of the time so I was doing alright for a college kid making some nice extra cash.

Here's my first blow up. If you talk to Pros, you blow up at least 2 times before it takes off pro. I traded at 7-9am est, made 40 pips off of 150k. I went to my College Algebra Class, the teacher was discussing compounding interest. He said that 12% per year is great! The funniest part is that technically I was making about 30% per month at the time. That averaged about 4 months worth. I just came out of a rutt and knew what to do. I laugh my head off, shared a smidgen of what I was doing with a few teachers, they thought I was some dumb college kid. However, thats what killed me. I got more focused on me being right, COCKY, ARROGANT, FLAT OUT JERK, went to my head, and I pulled the pin.

Because I was right, I didn't handle it in a professional way, it killed me. So when you are in class and even trading the demo, be professional. You wouldn't play with real money, so why would you learn bad habits on the demo?

Tell the instructors I say Hi.
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Brian Summy
PittsburghFX
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