Reviews
The Forex Nitty Gritty Review
If you are considering trading Forex, you should know that it’s one of the hottest segments in the trading universe currently. And for good reason because literally, trillions of dollars are flowing through the Foreign Exchange markets right now. But truth be told, most traders jumping onto the Forex bandwagon are LOSING their money–every single day. Well documented is the fact that 95% of Forex traders lose money. What isn’t much talked about though is actually WHY they lose money trading Currencies and what they can do about it.
Okay, so let’s tackle this head-on so there’s no misunderstanding. There are five main reasons Forex traders lose their money…
Forex Losers:
- Have very little understanding of how Forex trading REALLY works
- Trade TOO OFTEN
- Pratice little or no Risk Management strategies
- Let others control their trading accounts
- Don’t use a trading method
Enter Bill Poulos–A 34+ year trading veteran who is quite well known in the trading community, and who has released several Forex trading courses to help students win “the war” on losing-trader syndrome. If you haven’t heard of Bill, he is renown for transforming complex trading subject matter into easily understood and actionable methods. So when you think about the 95% losing proposition–the losing-trader syndrome in Forex, it conjures up some fairly complex subjects.
Let’s take a look. On the surface, trading Forex may sound easy enough, but fact is, it requires some forethought, planning and better yet, some first-rate learning materials. That’s where The Forex Nitty Gritty comes in.
The Forex Nitty Gritty–Who needs it?
If you’ve never traded Forex… If you’ve ever blown out your trading account… If you’re not experiencing meaningful profits in Forex trading… If you’ve been taken in by ridiculous million-dollar claims from “Robots” that trade for you (but empty your trading account)… You’ll want to get on board immediately with The Forex Nitty Gritty.
Cut to the chase, if you’re brand new to Forex, or even if you’ve been around the block a few times and THINK you know all there is to know, you will benefit from the new concepts taught in this ground-breaking course.
Why You’ll Want The Forex Nitty Gritty
Truthfully, much of the Forex basics are taught in this course; hence the name “Nitty Gritty” and to be honest, you can find some of these topics discussed around the Internet if you wanted to go digging for them. The difference is they just aren’t taught by Bill Poulos, trader extraordinaire. So if you were to simply grab a collection of articles, but have NO IDEA how to pull all of that information together, then it isn’t as useful as you might think.
Now, if you could have someone teach you the CORRECT APPROACH to trading Forex right from the get-go, a Mentor, if you will, AND address all FIVE factors of the Forex Loser’s Syndrome–you are going to be on the road to riches much faster than you would expect. That’s because in the Forex Nitty Gritty, you’ll see what you’re doing wrong and how to “right the ship” when it comes to Forex trading.
For example:
- Check out Bill’s Powerful Exit Strategy: This one topic will help you STOP turning winning trades into LOSING trades.
- Learn Risk Management and how to apply it CORRECTLY: Most people get this wrong when trading foreign currencies and end up blowing out their accounts.
- Learn when you should NOT be trading: This one section will help you AVOID the WORST TIMES to trade that lead to more whipsaws and stop outs.And there’s plenty more. Just those three topics, however, will do more to save you from losing trades and destroying your account balance.
Those are the main reasons why we recommend the Forex Nitty Gritty. Those aren’t the only reasons, though…
Forex Nitty Gritty is PACKED with information AND it comes complete with the Forex Nitty Gritty Insider’s Website–This is one of the best features we’ve seen and quite frankly, not enough people are on board with it yet and that’s most unfortunate because they’re apt to fall into that same old Forex trap… The 95%… You know, The Losing Syndrome.
What You’ll Learn in Forex Nitty Gritty
The Forex Overview: This section will teach you the Forex basics you need to grasp and gain a good understanding of if you are to succeed in the Forex Markets. This comprehensive overview will also teach you how to get prepared, develop a plan and learn the RIGHT WAY to trade Forex.
Forex Mechanics: This section will teach you how Forex trading works and the key elements you’ll need to succeed. One of the best parts of this section is Bill’s discussion regarding the difference between Majors and Exotics, and the BEST TIMES to trade them.
Forex Trading Mechanics: The keys to this section are Bill’s discussion on the difference between Fundamental Analysis (and why it’s BAD for the average Forex trader) and Technical Analysis (and why the average Forex trader CAN succeed with it). Plus, you get live video of Technical Analysis indicators and common price patterns, teaching you how to use them the RIGHT way… This is priceless!
Excellent Trading Method: Bill’s long been an advocate of using methods to trade the markets. In fact, he comes from an engineering background, so it almost goes without saying that he takes a straight-forward, no-nonsense approach to trading–We love it. For example, he matter-of-factly divulges the key components to ANY trading method–if your trading method DOESN’T have these, you’re heading for a train wreck! We’re not kidding; Bill is also expert at giving in-depth Risk Management advice. The best part, you’ll never make the same old mistakes again when you listen to him teach it. That’s because Bill is one of the most vocal proponents on Risk Management, and we have to say; he’s 100% accurate on this subject.
The Forex Nitty Gritty Trading Method: Bill teaches you the basic components of a trading method that can be implemented IMMEDIATELY; helping you identify higher probability, lower risk trade setups. He’ll also show you how to get into a “zero risk” trade FAST… Plus, he actually gives away his very powerful exit strategy.
Identifying Trending Forex Pairs: This added module is one of our favorites because it’s crucial to your success as you’ll want to be trading WITH a trend (most of the time), but sadly, many traders don’t know the simple keys to identify an underlying trend in a Forex pair. This strategy incorporates common charting software and broker platforms so you’ll know exactly (even if you are a Newbie) how to utilize these trading tools.
Rest assured, Bill Poulos shows you the what, when, where, how, and why (everything you need to know) about trading Forex–So when you are ready to trade, you are equipped with an arsenal ready to attack and BEAT the losing syndrome.
The Forex Nitty Gritty Insider’s Website
This is probably the KEY to your long-term success after you’ve been through the Forex Nitty Gritty course. Bill teamed up with professional Forex Trader, Todd Granthem to create daily videos to HELP YOU understand what’s happening in the Forex markets and HOW it’s affecting traders. Plus, the resources and other teachings Bill and Todd provide on the Insider’s website will keep you coming back day after day. Remember, repitition is the mother of skill.
Ultimately, though, Todd’s trading background will help you each day as he reviews the major action, trends, counter-trends, danger signals and warning signs of what’s happening NOW in the Forex markets through his daily videos. (This is member’s only content, but we have a sneak peek for you on this screen shot)…
Final Review Notes:
We like the simplicity of Forex Nitty Gritty, and we don’t feel the need to apologize for that fact. Here’s the TRUTH–If you don’t really understand HOW to profit with Forex trading, or, if you are NOT WINNING on your Forex trades, you need to figure out WHY. You are doing something wrong–And we bet our reputation (and it’s a good one) that you’ll find in the Forex Nitty Gritty what you’re doing wrong and HOW to correct it. This isn’t a get rich quick, black box, automated program–No robots here, sorry. This is an absolute TAKE CONTROL OF YOUR OWN TRADING course.
When you’ve learned through Forex Nitty Gritty how to put these pieces of the puzzle together… How to get the best of what the Forex Markets have to offer, and how to take control of your own trading life, you will be better positioned than those other trading LOSERS; the 95 percenters who have no idea what they’re doing and who simply throw away their hard-earned money.
We believe once you’re done with Forex Nitty Gritty and have had time to play around in the Insider’s website, you’ll be on your way to overcoming those five mistakes that Losing Forex Traders make. You’ll have a complete understanding of how Forex trading really works and how to take advantage of trends in the markets. Here’s what to expect after you’ve completed the course…
- You’ll learn to trade LESS not MORE often, and why that will actually protect your account balance instead of destroying it.
- You’ll become an expert on Risk Management; yes YOU! And, you’ll know exactly how to keep your losses from drawing your account down to zero.
- You will never again let others control your trading accounts–no more fancy-pants robots, droids, automated signallers… You won’t need them and you won’t want them after you’ve been through this course. You will become an INDEPENDENT FOREX TRADER
Finally, you’ll understand WHY you need a good trading method and exactly HOW you can identify what makes a trading method good to begin with. Bill will also leave you with a strategy for combining multiple trading methods to help you grab as much profit potential from the Forex Markets as you possibly can.
Yeah, we’re all amped up about The Forex Nitty Gritty. We think you will be too once to get your hands on it.
