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	<title>Forex Beta Testers &#187; risk management</title>
	<atom:link href="http://forexbetatesters.com/tag/risk-management/feed/" rel="self" type="application/rss+xml" />
	<link>http://forexbetatesters.com</link>
	<description>Currency Trading Discoveries &#38; Secrets Revealed</description>
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		<title>Forex BulletProof; The New Sheriff In Town</title>
		<link>http://forexbetatesters.com/forex-bulletproof/forex-bulletproof-the-new-sheriff-in-town/</link>
		<comments>http://forexbetatesters.com/forex-bulletproof/forex-bulletproof-the-new-sheriff-in-town/#comments</comments>
		<pubDate>Tue, 31 Aug 2010 15:43:27 +0000</pubDate>
		<dc:creator>Chuck Anthony</dc:creator>
				<category><![CDATA[Forex BulletProof]]></category>
		<category><![CDATA[disciplined trader]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://forexbetatesters.com/?p=320</guid>
		<description><![CDATA[This development comes as a bit of a surprise &#8212; NOT! Traditional Forex Robots are doomed; not that we ever enjoyed them in the first place, but as Clevon Little once informed us in the satirical Western comedy Blazing Saddles, &#8220;There&#8217;s a new sheriff in town.&#8221;&#8230; And this one&#8217;s bulletproof. That could very well be [...]


No related posts.

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			<content:encoded><![CDATA[<p><a href="http://bit.ly/9c9d3c"><img class="alignleft size-medium wp-image-321" title="forex-bulletproof-breakthrough" src="http://forexbetatesters.com/wp-content/uploads/2010/08/forex-bulletproof-breakthrough-300x289.jpg" alt="" width="300" height="289" /></a>This development comes as a bit of a surprise &#8212; NOT! Traditional Forex Robots are doomed; not that we ever enjoyed them in the first place, but as Clevon Little once informed us in the satirical Western comedy Blazing Saddles, &#8220;There&#8217;s a new sheriff in town.&#8221;&#8230; And this one&#8217;s bulletproof.</p>
<p>That could very well be the sentiment as we here at Forex Beta Testers have it on good authority that the brass behind <a href="http://bit.ly/9c9d3c" target="_blank">Forex BulletProof</a> as of this very moment, have made available 10,000 copies of Forex BulletProof. Are you in on this yet? The only stipulation is that you have to hurry on in because over 15,000 people are already on their waiting list, which means a good portion of those folks will snap up their copy before anyone else.</p>
<p>Agian, not being much a fan of forex robots, this one however commands our attention. Why? Because for one reason Forex BulletProof incorporates some truly phenomenal technological advancements simply not available anywhere else at any price, period. This development simply cannot be overlooked in our opinion.</p>
<p>Take a look at some of Forex BulletProof highlights:</p>
<ul>
<li>Forex BulletProof has averaged a 5% monthly gain for the last 6 (yes, SIX) years!</li>
<li>Over 4000 lines of code make up this robot, while the average EA has just 409 lines!</li>
<li>BulletProof is the FIRST commercially available FX robot to be coded for Strategy Trader, the latest trading platform from FXCM! (That’s right- an industry FIRST!)</li>
<li>Live support and video tutorials</li>
<li>Super low price (??)</li>
</ul>
<p>Oh, and don’t forget to check the bottom of the page to see if you are one of the 10 lucky winners of a <a href="http://bit.ly/9c9d3c" target="_blank">FREE copy of BulletProof</a>! After you sign up on the waiting list, that is.</p>
<p>As always, be well &#8212; trade well!</p>
<p>Your humble Forex Beta Tester</p>


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		</item>
		<item>
		<title>Collapsing Economy Creates Forex Wealth (Video Training)</title>
		<link>http://forexbetatesters.com/forex-income-engine-2-0/collapsing-economy-creates-forex-wealth-video-training/</link>
		<comments>http://forexbetatesters.com/forex-income-engine-2-0/collapsing-economy-creates-forex-wealth-video-training/#comments</comments>
		<pubDate>Mon, 21 Jun 2010 14:56:23 +0000</pubDate>
		<dc:creator>Chuck Anthony</dc:creator>
				<category><![CDATA[Forex Income Engine 2.0]]></category>
		<category><![CDATA[currency trading]]></category>
		<category><![CDATA[forex method]]></category>
		<category><![CDATA[forex rules]]></category>
		<category><![CDATA[forex trading]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://forexbetatesters.com/?p=307</guid>
		<description><![CDATA[If you&#8217;re worried about the state of the economy and the stock market, then you&#8217;ll probably be as surprised as I was to discover that all this market upheaval has been creating huge pockets of profit potential in an entirely different market. Yes, and more than 3 trillion dollars flows through this entirely different market everyday [...]


Related posts:<ol><li><a href='http://forexbetatesters.com/forex-nitty-gritty/forex-nitty-gritty-in-the-city-reviewed/' rel='bookmark' title='Permanent Link: Forex Nitty Gritty (In The City) Reviewed'>Forex Nitty Gritty (In The City) Reviewed</a> <small>From the c</small></li><li><a href='http://forexbetatesters.com/forex-time-machine/220/' rel='bookmark' title='Permanent Link: Time To Get Your Forex Risk Eraser Cheat Sheet'>Time To Get Your Forex Risk Eraser Cheat Sheet</a> <small>More great</small></li><li><a href='http://forexbetatesters.com/forex-nitty-gritty/dirt-cheap-forex-training-for-newbies/' rel='bookmark' title='Permanent Link: Dirt-Cheap Forex Training For Newbies'>Dirt-Cheap Forex Training For Newbies</a> <small>Are you a </small></li></ol>

Related posts brought to you by <a href='http://mitcho.com/code/yarpp/'>Yet Another Related Posts Plugin</a>.]]></description>
			<content:encoded><![CDATA[<p><a href="http://tinyurl.com/23hb6cy"><img class="alignleft size-medium wp-image-310" title="forex-income-engine-intro" src="http://forexbetatesters.com/wp-content/uploads/2010/06/forex-income-engine-intro-300x261.jpg" alt="" width="300" height="261" /></a>If you&#8217;re worried about the state of the economy and the stock market, then you&#8217;ll probably be as surprised as I was to discover that all this market upheaval has been creating huge pockets of profit potential in an entirely different market. Yes, and more than 3 trillion dollars flows through this entirely different market everyday</p>
<p>Do you know what it is?</p>
<p>Of course you do. It&#8217;s the Foreign Exchange Market also known as the Currencies Market.</p>
<p>Now in these markets traders are involved in simply the trading of foreign currencies, like the U.S. Dollar, or the Eurodollar. But to properly navigate these markets you need a <a href="http://tinyurl.com/23hb6cy" target="_blank">reliable trading method</a>; one that ensures proper risk management and incorporates the rules of professional trading.  Watch the video&#8230;</p>
<p><a href="http://www.forexincomeengine.com/z/?i=805493&amp;l=f113"><br />
<img src="http://www.forexincomeengine.com/images/fievid1b_300.jpg" border="0" alt="" width="300" height="235" /></a></p>
<p><strong>An Interesting Development</strong></p>
<p>Recently, select groups of well-informed individuals (proactive traders, if you will) have been diversifying their investment portfolios by siphoning profit out of this market day after day, in a methodical, step-by step fashion. Moreover, they&#8217;ve been using a somewhat <a href="http://tinyurl.com/23hb6cy" target="_blank">unorthodox method of trading the Forex markets</a> that&#8217;s turning the trading community on it&#8217;s ear due to the unconventional approach to profit-taking.</p>
<p>Want to see how?</p>
<p>Okay, well you can get immediate access if you read on&#8230;</p>
<p>I just got my hands on a brand new, 3-part video training series that shows you how this &#8220;insider&#8221; group is doing it, and how you can participate, as well. And the best part is&#8230; the training is entirely complimentary.</p>
<p>Inside you&#8217;ll learn: what most traders flat-out MISS, which, if you know how to spot them, can turn an otherwise losing trade into a profit powerhouse. The huge edge you get over other traders when you automatically identify the predominant trend at any point in time&#8230; and then &#8220;throw yourself in front of it&#8221;&#8230; is absolutely incredible.</p>
<p>It&#8217;s actually the #1 key to trading Forex you MUST do EVERY SINGLE TIME before you place a trade before even thinking about profit. When you do this, you automatically &#8220;up the odds&#8221; that a profit will unfold. So get ready to take notes.</p>
<p>The future of your portfolio could depend on it. The <a href="http://tinyurl.com/23hb6cy" target="_blank">Forex Training Videos </a>will only be online for a short period of time so be sure to check it out before it&#8217;s gone.</p>


<p>Related posts:<ol><li><a href='http://forexbetatesters.com/forex-nitty-gritty/forex-nitty-gritty-in-the-city-reviewed/' rel='bookmark' title='Permanent Link: Forex Nitty Gritty (In The City) Reviewed'>Forex Nitty Gritty (In The City) Reviewed</a> <small>From the c</small></li><li><a href='http://forexbetatesters.com/forex-time-machine/220/' rel='bookmark' title='Permanent Link: Time To Get Your Forex Risk Eraser Cheat Sheet'>Time To Get Your Forex Risk Eraser Cheat Sheet</a> <small>More great</small></li><li><a href='http://forexbetatesters.com/forex-nitty-gritty/dirt-cheap-forex-training-for-newbies/' rel='bookmark' title='Permanent Link: Dirt-Cheap Forex Training For Newbies'>Dirt-Cheap Forex Training For Newbies</a> <small>Are you a </small></li></ol></p>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Dirt-Cheap Forex Training For Newbies</title>
		<link>http://forexbetatesters.com/forex-nitty-gritty/dirt-cheap-forex-training-for-newbies/</link>
		<comments>http://forexbetatesters.com/forex-nitty-gritty/dirt-cheap-forex-training-for-newbies/#comments</comments>
		<pubDate>Wed, 03 Feb 2010 17:51:31 +0000</pubDate>
		<dc:creator>Chuck Anthony</dc:creator>
				<category><![CDATA[Forex Nitty Gritty]]></category>
		<category><![CDATA[bill poulos]]></category>
		<category><![CDATA[currency trading]]></category>
		<category><![CDATA[forex broker]]></category>
		<category><![CDATA[forex video]]></category>
		<category><![CDATA[learn forex]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://forexbetatesters.com/?p=264</guid>
		<description><![CDATA[Are you a newbie when it comes to Forex? Then you might be a little more than overwhelmed by all the information out there that promises to put piles of cash in your wallet overnight. You know it&#8217;s true if you&#8217;ve ever experienced a sneaking suspicion that some Forex brokers are lying through their teeth [...]


Related posts:<ol><li><a href='http://forexbetatesters.com/forex-time-machine/220/' rel='bookmark' title='Permanent Link: Time To Get Your Forex Risk Eraser Cheat Sheet'>Time To Get Your Forex Risk Eraser Cheat Sheet</a> <small>More great</small></li></ol>

Related posts brought to you by <a href='http://mitcho.com/code/yarpp/'>Yet Another Related Posts Plugin</a>.]]></description>
			<content:encoded><![CDATA[<p><a href="http://tinyurl.com/yzkq8ua"><img class="alignleft size-medium wp-image-266" title="forex_story" src="http://forexbetatesters.com/wp-content/uploads/2010/02/forex_story-300x200.jpg" alt="" width="300" height="200" /></a>Are you a newbie when it comes to Forex? Then you might be a little more than overwhelmed by all the information out there that promises to put piles of cash in your wallet overnight. You know it&#8217;s true if you&#8217;ve ever experienced a sneaking suspicion that some Forex brokers are lying through their teeth and simply out to screw you just so they can add another Mercedes or BMW to their shiny new car collection.</p>
<p>What I&#8217;m driving at here is if you feel increasingly unable to make any progress toward your dream of becoming an independent trader, my advice to you right now, this very moment would be for you to STOP!</p>
<p>I know exactly how you feel, and that&#8217;s why I&#8217;m glad I found this frank, straightforward, and refreshing &#8220;no BS&#8221; video presentation that leads you to a ton of <a href="http://tinyurl.com/yzkq8ua" target="_blank">Dirt-Cheap Forex Training</a> that will give you the upper hand when dealing with brokers&#8230; and a huge edge over all the other frustrated and clueless newbies out there.</p>
<p>So, sit back, relax, and see if you relate to what in my opinion is <a href="http://tinyurl.com/yzkq8ua" target="_blank">The Most Amazing Forex Story Ever Told</a>. Make sure you watch the whole thing, because I think you&#8217;ll be floored by what&#8217;s revealed at the end.</p>


<p>Related posts:<ol><li><a href='http://forexbetatesters.com/forex-time-machine/220/' rel='bookmark' title='Permanent Link: Time To Get Your Forex Risk Eraser Cheat Sheet'>Time To Get Your Forex Risk Eraser Cheat Sheet</a> <small>More great</small></li></ol></p>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Bill Poulos Helps Drive Your Forex Risk To ZERO (Webinar)</title>
		<link>http://forexbetatesters.com/forex-income-engine-2-0/bill-poulos-helps-drive-your-forex-risk-to-zero-webinar/</link>
		<comments>http://forexbetatesters.com/forex-income-engine-2-0/bill-poulos-helps-drive-your-forex-risk-to-zero-webinar/#comments</comments>
		<pubDate>Wed, 09 Dec 2009 13:27:52 +0000</pubDate>
		<dc:creator>Chuck Anthony</dc:creator>
				<category><![CDATA[Forex Income Engine 2.0]]></category>
		<category><![CDATA[bill poulos]]></category>
		<category><![CDATA[learn forex]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://forexbetatesters.com/?p=251</guid>
		<description><![CDATA[Bill Poulos never ceases to amaze me and if you trade Forex, I urge you to drop what you&#8217;re doing right now and listen up! No kidding, you probably don&#8217;t want to make another currency trade until you get a free-look at Bill&#8217;s special Forex Income Engine 2.0 Students-Only Kickoff Webinar. Now keep reading because [...]


Related posts:<ol><li><a href='http://forexbetatesters.com/webinars/forex-time-machine-webinar-replay/' rel='bookmark' title='Permanent Link: Forex Time Machine Webinar Replay'>Forex Time Machine Webinar Replay</a> <small>Well, this</small></li><li><a href='http://forexbetatesters.com/forex-time-machine/220/' rel='bookmark' title='Permanent Link: Time To Get Your Forex Risk Eraser Cheat Sheet'>Time To Get Your Forex Risk Eraser Cheat Sheet</a> <small>More great</small></li><li><a href='http://forexbetatesters.com/forex-bulletproof/forex-bulletproof-the-new-sheriff-in-town/' rel='bookmark' title='Permanent Link: Forex BulletProof; The New Sheriff In Town'>Forex BulletProof; The New Sheriff In Town</a> <small>This devel</small></li></ol>

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			<content:encoded><![CDATA[<p><a href="http://tinyurl.com/ygjltzq"><img class="alignleft size-full wp-image-254" title="poulos_bill_fx_mentor" src="http://forexbetatesters.com/wp-content/uploads/2009/12/poulos_bill_fx_mentor.jpg" alt="poulos_bill_fx_mentor" width="303" height="302" /></a>Bill Poulos never ceases to amaze me and if you trade Forex, I urge you to drop what you&#8217;re doing right now and listen up! No kidding, you probably don&#8217;t want to make another currency trade until you get a free-look at Bill&#8217;s special <a href="http://tinyurl.com/ygjltzq" target="_blank">Forex Income Engine 2.0 Students-Only Kickoff Webinar</a>.</p>
<p>Now keep reading because this is your ONE AND ONLY official invite and access into a private webinar being held Thursday, December 10th at 4pm Eastern by Bill Poulos, developer of the Forex Income Engine 2.0 home study course that&#8217;s already been snapped up by over 500 traders in just the past few days. Bill is holding the webinar to launch his new course and has extended a private invitation to me so you can get an insider&#8217;s look at what&#8217;s going on.</p>
<p>More specifically, he&#8217;ll be pulling some of his best content straight out of the Forex Income Engine 2.0 course and showing it live on the webinar to get the ball rolling for his new students. You can expect to see the following:</p>
<ul>
<li>The 2 critical mistakes most Forex traders make and how to avoid them every time you trade.</li>
<li>How to create an infinite reward/risk ratio when you trade Forex, regardless of what pair or time frame you trade.</li>
<li>Why most traders actually LOSE money when they try to capture a market&#8217;s entire move, and how you can turn this into your advantage when you know the exact part of a market move you should be going after&#8230;</li>
</ul>
<p>PLUS&#8230; Bill is going to give away yet another copy of his course to one lucky trader (he gave one away last week I heard). Seriously, all you need to do  in order to grab a copy is SHOW UP up, but you MUST be present to win. The lucky trader will be chosen live and arrangements for shipping the course will be made privately with that person during the webinar.</p>
<p>I&#8217;m also told that Bill has a few surprises never seen before that will be revealed on the webinar that you will NOT want to miss. As of this writing, he says he only has about 415 copies of his course left of the 955 copies he initially planned to distribute. That means they&#8217;ll probably sell out any day now.</p>
<p>To claim your virtual seat for this webinar, go ahead and register for the <a href="http://tinyurl.com/ygjltzq" target="_blank">All New Forex Income Engine 2.0</a> right now! Remember, it&#8217;s your only chance to get a free look.</p>


<p>Related posts:<ol><li><a href='http://forexbetatesters.com/webinars/forex-time-machine-webinar-replay/' rel='bookmark' title='Permanent Link: Forex Time Machine Webinar Replay'>Forex Time Machine Webinar Replay</a> <small>Well, this</small></li><li><a href='http://forexbetatesters.com/forex-time-machine/220/' rel='bookmark' title='Permanent Link: Time To Get Your Forex Risk Eraser Cheat Sheet'>Time To Get Your Forex Risk Eraser Cheat Sheet</a> <small>More great</small></li><li><a href='http://forexbetatesters.com/forex-bulletproof/forex-bulletproof-the-new-sheriff-in-town/' rel='bookmark' title='Permanent Link: Forex BulletProof; The New Sheriff In Town'>Forex BulletProof; The New Sheriff In Town</a> <small>This devel</small></li></ol></p>
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		<item>
		<title>Forex Nitty Gritty (In The City) Reviewed</title>
		<link>http://forexbetatesters.com/forex-nitty-gritty/forex-nitty-gritty-in-the-city-reviewed/</link>
		<comments>http://forexbetatesters.com/forex-nitty-gritty/forex-nitty-gritty-in-the-city-reviewed/#comments</comments>
		<pubDate>Sun, 08 Nov 2009 22:45:53 +0000</pubDate>
		<dc:creator>Chuck Anthony</dc:creator>
				<category><![CDATA[Forex Nitty Gritty]]></category>
		<category><![CDATA[basics]]></category>
		<category><![CDATA[currency trading]]></category>
		<category><![CDATA[disciplined trader]]></category>
		<category><![CDATA[forex method]]></category>
		<category><![CDATA[forex pairs]]></category>
		<category><![CDATA[forex rules]]></category>
		<category><![CDATA[forex trading]]></category>
		<category><![CDATA[learn forex]]></category>
		<category><![CDATA[practice]]></category>
		<category><![CDATA[risk management]]></category>
		<category><![CDATA[theory]]></category>

		<guid isPermaLink="false">http://forexbetatesters.com/?p=241</guid>
		<description><![CDATA[From the city of big shoulders, Chicago, I offer my long-awaited review of Forex Nitty Gritty. First of all if I may, I apologize for the wacky, crazy-ass politics that have spewed from this town probably going way back before the Great Chicago Fire in 1871. Some may not agree, but as we stand witness to the [...]


Related posts:<ol><li><a href='http://forexbetatesters.com/forex-nitty-gritty/in-search-of-forex-profits-follow-these-rules/' rel='bookmark' title='Permanent Link: In Search Of Forex Profits; Follow These Rules'>In Search Of Forex Profits; Follow These Rules</a> <small>Today I fo</small></li><li><a href='http://forexbetatesters.com/forex-income-engine-2-0/collapsing-economy-creates-forex-wealth-video-training/' rel='bookmark' title='Permanent Link: Collapsing Economy Creates Forex Wealth (Video Training)'>Collapsing Economy Creates Forex Wealth (Video Training)</a> <small>If you</small></li></ol>

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			<content:encoded><![CDATA[<p><a href="http://tinyurl.com/pdh2my"><img class="alignleft size-medium wp-image-203" title="forex_nitty_gritty" src="http://forexbetatesters.com/wp-content/uploads/2009/07/forex_nitty_gritty-219x300.jpg" alt="forex_nitty_gritty" width="219" height="300" /></a>From the city of big shoulders, Chicago, I offer my long-awaited review of <a href="http://forexbetatesters.com/reviews/" target="_blank">Forex Nitty Gritty</a>. First of all if I may, I apologize for the wacky, crazy-ass politics that have spewed from this town probably going way back before the Great Chicago Fire in 1871. Some may not agree, but as we stand witness to the apparent demise of Capitalism as we know it, no secret that the present Administration was born out of pure Chicago politics; dirty, deceptive and incredibly inept. But I digress. Forgive me.</p>
<p>In any event, back on topic&#8230;  <a href="http://tinyurl.com/pdh2my" target="_blank">Forex Nitty Gritty</a> could very well be your entry into taking matters into your own hands, particularly if your worried about equities, but at the same time unfamiliar with Foreign Exchange trading. </p>
<p>Borrowing from my official <a href="http://forexbetatesters.com/reviews/" target="_blank">Forex Nitty Gritty Review</a>, 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 <a href="http://tinyurl.com/pdh2my" target="_blank">Forex Nitty Gritty</a> 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.</p>
<p>You can read my complete review <a href="http://forexbetatesters.com/reviews/" target="_blank">here</a>. Thanks for visiting&#8230; See ya.</p>


<p>Related posts:<ol><li><a href='http://forexbetatesters.com/forex-nitty-gritty/in-search-of-forex-profits-follow-these-rules/' rel='bookmark' title='Permanent Link: In Search Of Forex Profits; Follow These Rules'>In Search Of Forex Profits; Follow These Rules</a> <small>Today I fo</small></li><li><a href='http://forexbetatesters.com/forex-income-engine-2-0/collapsing-economy-creates-forex-wealth-video-training/' rel='bookmark' title='Permanent Link: Collapsing Economy Creates Forex Wealth (Video Training)'>Collapsing Economy Creates Forex Wealth (Video Training)</a> <small>If you</small></li></ol></p>
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		<slash:comments>3</slash:comments>
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		<title>In Search Of Forex Profits; Follow These Rules</title>
		<link>http://forexbetatesters.com/forex-nitty-gritty/in-search-of-forex-profits-follow-these-rules/</link>
		<comments>http://forexbetatesters.com/forex-nitty-gritty/in-search-of-forex-profits-follow-these-rules/#comments</comments>
		<pubDate>Tue, 29 Sep 2009 16:09:03 +0000</pubDate>
		<dc:creator>Chuck Anthony</dc:creator>
				<category><![CDATA[Forex Nitty Gritty]]></category>
		<category><![CDATA[basics]]></category>
		<category><![CDATA[disciplined trader]]></category>
		<category><![CDATA[forex rules]]></category>
		<category><![CDATA[learn forex]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://forexbetatesters.com/?p=237</guid>
		<description><![CDATA[Today I found a handy article that I&#8217;d like to share courtesy of Ratio Trading. They talk about disciplined trading and rules to follow when trading stocks, but these apply certainly to Forex traders as well. The information is sourced from a suvey of over 500 experienced futures brokers querried about what, in their minds, caused most traders [...]


Related posts:<ol><li><a href='http://forexbetatesters.com/forex-nitty-gritty/forex-nitty-gritty-in-the-city-reviewed/' rel='bookmark' title='Permanent Link: Forex Nitty Gritty (In The City) Reviewed'>Forex Nitty Gritty (In The City) Reviewed</a> <small>From the c</small></li></ol>

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			<content:encoded><![CDATA[<p><a href="http://tinyurl.com/pdh2my"><img class="alignleft size-full wp-image-238" title="forex-search" src="http://forexbetatesters.com/wp-content/uploads/2009/09/forex-search.jpg" alt="forex-search" width="300" height="198" /></a>Today I found a handy article that I&#8217;d like to share courtesy of <a href="http://www.ratiotrading.com/2009/09/50-common-mistakes-most-traders-make/" target="_blank">Ratio Trading</a>. They talk about disciplined trading and rules to follow when trading stocks, but these apply certainly to Forex traders as well.</p>
<p>The information is sourced from a suvey of over 500 experienced futures brokers querried about what, in their minds, caused most traders to lose money. Some of the items on the list are redundant, but these as you may know, bear repeating &#8212; thinking about repetition being the mother of skill. In any event, it&#8217;s a worthwhile read that serves as a reminder to avoid the pitfalls of trading at all cost&#8230; </p>
<p>1. Many futures traders trade without a plan. They do not define specific risk and profit objectives before trading. Even if they establish a plan, they “second guess” it and don’t stick to it, particularly if the trade is a loss. Consequently, they overtrade and use their equity to the limit (are undercapitalized), which puts them in a squeeze and forces them to liquidate positions.</p>
<p>Usually, they liquidate the good trades and keep the bad ones.</p>
<p>2. Many traders don’t realize the news they hear and read has already been discounted by the market.</p>
<p>3. After several profitable trades, many speculators become wild and aggressive. They base their trades on hunches and long shots, rather than sound fundamental and technical reasoning, or put their money into one deal that “can’t fail.”</p>
<p>4. Traders often try to carry too big a position with too little capital, and trade too frequently for the size of the account.</p>
<p>5. Some traders try to “beat the market” by day trading, nervous scalping, and getting greedy.</p>
<p>6. They fail to pre-define risk, add to a losing position, and fail to use stops.</p>
<p>7 .They frequently have a directional bias; for example, always wanting to be long.</p>
<p>8. Lack of experience in the market causes many traders to become emotionally and/or financially committed to one trade, and unwilling or unable to take a loss. They may be unable to admit they have made a mistake, or they look at the market on too short a time frame.</p>
<p>9. They overtrade.</p>
<p>10. Many traders can’t (or don’t) take the small losses. They often stick with a loser until it really hurts, then take the loss. This is an undisciplined approach…a trader needs to develop and stick with a system.</p>
<p>11. Many traders get a fundamental case and hang onto it, even after the market technically turns. Only believe fundamentals as long as the technical signals follow. Both must agree.</p>
<p>12. Many traders break a cardinal rule: “Cut losses short. Let profits run.”</p>
<p>13. Many people trade with their hearts instead of their heads. For some traders, adversity (or success) distorts judgment. That’s why they should have a plan first, and stick to it.</p>
<p>14. Often traders have bad timing, and not enough capital to survive the shake out.</p>
<p>15. Too many traders perceive futures markets as an intuitive arena. The inability to distinguish between price fluctuations which reflect a fundamental change and those which represent an interim change often causes losses.</p>
<p>16. Not following a disciplined trading program leads to accepting large losses and small profits. Many traders do not define offensive and defensive plans when an initial position is taken.</p>
<p>17. Emotion makes many traders hold a loser too long. Many traders don’t discipline themselves to take small losses and big gains.</p>
<p>18. Too many traders are under financed, and get washed out at the extremes.</p>
<p>19. Greed causes some traders to allow profits to dwindle into losses while hoping for larger profits.<br />
This is really a lack of discipline. Also, having too many trades on at one time and overtrading for the amount of capital involved can stem from greed.</p>
<p>20. Trying to trade inactive markets is dangerous.</p>
<p>There are more rules to consider specifically for Forex Traders. If you are seriously in a learning mood, head on over to <a href="http://tinyurl.com/pdh2my" target="_blank">The Forex Nitty Gritty</a>; definitely a preferred site for learning Forex.</p>


<p>Related posts:<ol><li><a href='http://forexbetatesters.com/forex-nitty-gritty/forex-nitty-gritty-in-the-city-reviewed/' rel='bookmark' title='Permanent Link: Forex Nitty Gritty (In The City) Reviewed'>Forex Nitty Gritty (In The City) Reviewed</a> <small>From the c</small></li></ol></p>
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		<title>Insider Deal Gets You $691 In Forex Bonuses</title>
		<link>http://forexbetatesters.com/forex-time-machine/insider-deal-gets-you-691-in-forex-bonuses/</link>
		<comments>http://forexbetatesters.com/forex-time-machine/insider-deal-gets-you-691-in-forex-bonuses/#comments</comments>
		<pubDate>Wed, 23 Sep 2009 13:40:24 +0000</pubDate>
		<dc:creator>Chuck Anthony</dc:creator>
				<category><![CDATA[Forex Time Machine]]></category>
		<category><![CDATA[bill poulos]]></category>
		<category><![CDATA[forex method]]></category>
		<category><![CDATA[fx tricks]]></category>
		<category><![CDATA[risk management]]></category>

		<guid isPermaLink="false">http://forexbetatesters.com/?p=228</guid>
		<description><![CDATA[Due to an extraordinary Insider Deal from Bill Poulos, you might still have a chance to get in on this sold-out Forex training&#8230; Forex Time Machine. Plus, you can keep $691 in bonuses, even if you decide to send it back! here&#8217;s the scoop: Last week, 35+ year trader Bill Poulos quickly burned through his initial inventory [...]


Related posts:<ol><li><a href='http://forexbetatesters.com/forex-time-machine/220/' rel='bookmark' title='Permanent Link: Time To Get Your Forex Risk Eraser Cheat Sheet'>Time To Get Your Forex Risk Eraser Cheat Sheet</a> <small>More great</small></li><li><a href='http://forexbetatesters.com/webinars/forex-time-machine-webinar-replay/' rel='bookmark' title='Permanent Link: Forex Time Machine Webinar Replay'>Forex Time Machine Webinar Replay</a> <small>Well, this</small></li></ol>

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			<content:encoded><![CDATA[<p><a href="http://www.yourforexangle.com/y/?i=805493&amp;u=4&amp;l=f16"><img class="alignleft size-medium wp-image-230" title="forex-time-machine-symbols" src="http://forexbetatesters.com/wp-content/uploads/2009/09/forex-time-machine-symbols-300x232.jpg" alt="forex-time-machine-symbols" width="300" height="232" /></a>Due to an extraordinary <a href="http://tinyurl.com/nmxyd4" target="_blank">Insider Deal from Bill Poulos</a>, you might still have a chance to get in on this sold-out Forex training&#8230; <a href="http://tinyurl.com/nmxyd4">Forex Time Machine</a>. Plus, you can keep $691 in bonuses, even if you decide to send it back!</p>
<p>here&#8217;s the scoop: Last week, 35+ year trader Bill Poulos quickly burned through his initial inventory of his brand new Forex Time Machine training course. The course was then pulled off the market last Thursday (the countdown timer flashed &#8220;Sorry, Expired&#8221; at 11:59pm that evening).</p>
<p>The GOOD NEWS:  Over the weekend, Bill made an &#8216;inside deal&#8217; with his private priority list. They helped him figure out what kind of extra training to add for his next group of students by filling out a survey; and in return, Bill agreed to release 75 more copies of his course. But he also did something a little crazy for them&#8211; he added $691 in previously-unannounced surprise bonus training materials. (And he&#8217;s letting them KEEP the bonuses even if they end up returning his new course!)</p>
<p>When I found out about this, I asked Bill if I could get you in on the deal. He agreed, but with one catch&#8230;  He&#8217;s not planning on producing any more than the extra 75 copies he churned out over the weekend.</p>
<p>BAD NEWS: The bad news is that his priority list already snapped up almost half of these remaining copies. Further, even if there are any remaining, he&#8217;s pulling everything off the market this Thursday, September 24th, at 11:59pm Eastern. As of this writing, he shows 39 copies left, so it&#8217;s either 39 copies or a few more days; whichever comes first.</p>
<p>Here&#8217;s a special link to <a href="http://tinyurl.com/nmxyd4" target="_blank">Get on the Bill Poulos Priority List</a>.</p>


<p>Related posts:<ol><li><a href='http://forexbetatesters.com/forex-time-machine/220/' rel='bookmark' title='Permanent Link: Time To Get Your Forex Risk Eraser Cheat Sheet'>Time To Get Your Forex Risk Eraser Cheat Sheet</a> <small>More great</small></li><li><a href='http://forexbetatesters.com/webinars/forex-time-machine-webinar-replay/' rel='bookmark' title='Permanent Link: Forex Time Machine Webinar Replay'>Forex Time Machine Webinar Replay</a> <small>Well, this</small></li></ol></p>
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		<item>
		<title>Forex Time Machine Webinar Replay</title>
		<link>http://forexbetatesters.com/webinars/forex-time-machine-webinar-replay/</link>
		<comments>http://forexbetatesters.com/webinars/forex-time-machine-webinar-replay/#comments</comments>
		<pubDate>Fri, 18 Sep 2009 15:00:18 +0000</pubDate>
		<dc:creator>Chuck Anthony</dc:creator>
				<category><![CDATA[Webinars]]></category>
		<category><![CDATA[bill poulos]]></category>
		<category><![CDATA[currency trading]]></category>
		<category><![CDATA[disciplined trader]]></category>
		<category><![CDATA[forex trading]]></category>
		<category><![CDATA[learn forex]]></category>
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		<guid isPermaLink="false">http://forexbetatesters.com/?p=225</guid>
		<description><![CDATA[Well, this is it. The brand new Forex Time Machine training course that reveals the &#8217;what works now&#8217; in Forex trading. The course most likely will be sold out by the time you read this. In fact, I&#8217;m not really sure if it&#8217;s even still officially on the market, but we wanted to bring you this webinar replay from Forex veteran developer, Bill Poulos, just [...]


Related posts:<ol><li><a href='http://forexbetatesters.com/forex-time-machine/220/' rel='bookmark' title='Permanent Link: Time To Get Your Forex Risk Eraser Cheat Sheet'>Time To Get Your Forex Risk Eraser Cheat Sheet</a> <small>More great</small></li><li><a href='http://forexbetatesters.com/forex-income-engine-2-0/bill-poulos-helps-drive-your-forex-risk-to-zero-webinar/' rel='bookmark' title='Permanent Link: Bill Poulos Helps Drive Your Forex Risk To ZERO (Webinar)'>Bill Poulos Helps Drive Your Forex Risk To ZERO (Webinar)</a> <small>Bill Poulo</small></li><li><a href='http://forexbetatesters.com/forex-nitty-gritty/forex-nitty-gritty-in-the-city-reviewed/' rel='bookmark' title='Permanent Link: Forex Nitty Gritty (In The City) Reviewed'>Forex Nitty Gritty (In The City) Reviewed</a> <small>From the c</small></li></ol>

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			<content:encoded><![CDATA[<p><a href="http://tinyurl.com/nboank"><img class="alignleft size-full wp-image-226" title="forex-tester" src="http://forexbetatesters.com/wp-content/uploads/2009/09/forex-tester.png" alt="forex-tester" width="200" height="197" /></a>Well, this is it. The brand new <a href="http://tinyurl.com/nboank" target="_blank">Forex Time Machine</a> training course that reveals the &#8217;what works now&#8217; in Forex trading. The course most likely will be sold out by the time you read this. In fact, I&#8217;m not really sure if it&#8217;s even still officially on the market, but we wanted to bring you this webinar replay from Forex veteran developer, Bill Poulos, just as a courtesy.</p>
<p>Here&#8217;s the link: Click on <a href="http://tinyurl.com/nboank" target="_blank">Forex Time Machine Webinar Replay</a>.</p>
<p>In the webinar, Bill leaked some of the actual tactics he reveals in his course and even walked attendees through actual charts on his trading computer. There was a GREAT turnout, with lots of really good questions. I hope you enjoy it.</p>
<p>Until next time, trade well and remember, an educated trader approaches the market with confidence, not fear.</p>


<p>Related posts:<ol><li><a href='http://forexbetatesters.com/forex-time-machine/220/' rel='bookmark' title='Permanent Link: Time To Get Your Forex Risk Eraser Cheat Sheet'>Time To Get Your Forex Risk Eraser Cheat Sheet</a> <small>More great</small></li><li><a href='http://forexbetatesters.com/forex-income-engine-2-0/bill-poulos-helps-drive-your-forex-risk-to-zero-webinar/' rel='bookmark' title='Permanent Link: Bill Poulos Helps Drive Your Forex Risk To ZERO (Webinar)'>Bill Poulos Helps Drive Your Forex Risk To ZERO (Webinar)</a> <small>Bill Poulo</small></li><li><a href='http://forexbetatesters.com/forex-nitty-gritty/forex-nitty-gritty-in-the-city-reviewed/' rel='bookmark' title='Permanent Link: Forex Nitty Gritty (In The City) Reviewed'>Forex Nitty Gritty (In The City) Reviewed</a> <small>From the c</small></li></ol></p>
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		<slash:comments>4</slash:comments>
		</item>
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		<title>Time To Get Your Forex Risk Eraser Cheat Sheet</title>
		<link>http://forexbetatesters.com/forex-time-machine/220/</link>
		<comments>http://forexbetatesters.com/forex-time-machine/220/#comments</comments>
		<pubDate>Wed, 09 Sep 2009 11:17:08 +0000</pubDate>
		<dc:creator>Chuck Anthony</dc:creator>
				<category><![CDATA[Forex Time Machine]]></category>
		<category><![CDATA[currency trading]]></category>
		<category><![CDATA[disciplined trader]]></category>
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		<category><![CDATA[forex video]]></category>
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		<description><![CDATA[More great news from our Forex Beta Testers team! We have a new Three-Part Forex Training Kit for you that&#8217;s online RIGHT NOW&#8230; You may have already seen Part One, which was released last week that shows you how to actually Erase Risk On Every Forex Trade you make. Well, Part Two was just released today [...]


Related posts:<ol><li><a href='http://forexbetatesters.com/forex-income-engine-2-0/bill-poulos-helps-drive-your-forex-risk-to-zero-webinar/' rel='bookmark' title='Permanent Link: Bill Poulos Helps Drive Your Forex Risk To ZERO (Webinar)'>Bill Poulos Helps Drive Your Forex Risk To ZERO (Webinar)</a> <small>Bill Poulo</small></li><li><a href='http://forexbetatesters.com/forex-nitty-gritty/in-search-of-forex-profits-follow-these-rules/' rel='bookmark' title='Permanent Link: In Search Of Forex Profits; Follow These Rules'>In Search Of Forex Profits; Follow These Rules</a> <small>Today I fo</small></li><li><a href='http://forexbetatesters.com/forex-nitty-gritty/dirt-cheap-forex-training-for-newbies/' rel='bookmark' title='Permanent Link: Dirt-Cheap Forex Training For Newbies'>Dirt-Cheap Forex Training For Newbies</a> <small>Are you a </small></li></ol>

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			<content:encoded><![CDATA[<p><a href="http://tinyurl.com/mbmnyc"><img class="alignleft size-medium wp-image-221" title="forex-time-machine" src="http://forexbetatesters.com/wp-content/uploads/2009/09/fx-ftm_350-227x300.jpg" alt="forex-time-machine" width="227" height="300" /></a>More great news from our Forex Beta Testers team! We have a new <a href="http://tinyurl.com/ns65ds" target="_blank">Three-Part Forex Training Kit</a> for you that&#8217;s online RIGHT NOW&#8230;</p>
<p>You may have already seen Part One, which was released last week that shows you how to actually <a href="http://tinyurl.com/mbmnyc" target="_blank">Erase Risk On Every Forex Trade</a> you make. Well, Part Two was just released today and it reveals the six steps that you need to do in order to make sure you&#8217;re AUTOMATICALLY protected when you trade. That&#8217;s regardless of your experience level, the method you use, or the type of trader you are (day trader, end-of-day trader, etc.)</p>
<p>And to make sure you really get it, the entire process is mapped out on the third part &#8212; a slick &#8220;cheat sheet&#8221; that you can print out and keep by your trading computer, so there&#8217;s no second-guessing.</p>
<p>As a bonus, you also get an inside look at an actual LIVE Forex trade that puts this 6-step plan into action so you can experience &#8220;risk erasing&#8221; first hand. This is some of the best complimentary Forex training you&#8217;re going to see this year, and I don&#8217;t expect it to stay online forever. </p>
<p>So go ahead and get your hands on this <a href="http://tinyurl.com/ns65ds" target="_blank">Ground-Breaking Forex Training</a> right here and now. You&#8217;ll be introduced to the private training website where Part One was posted last week. Of course, like all our introductory programs, these are by invitation only. Enjoy!</p>


<p>Related posts:<ol><li><a href='http://forexbetatesters.com/forex-income-engine-2-0/bill-poulos-helps-drive-your-forex-risk-to-zero-webinar/' rel='bookmark' title='Permanent Link: Bill Poulos Helps Drive Your Forex Risk To ZERO (Webinar)'>Bill Poulos Helps Drive Your Forex Risk To ZERO (Webinar)</a> <small>Bill Poulo</small></li><li><a href='http://forexbetatesters.com/forex-nitty-gritty/in-search-of-forex-profits-follow-these-rules/' rel='bookmark' title='Permanent Link: In Search Of Forex Profits; Follow These Rules'>In Search Of Forex Profits; Follow These Rules</a> <small>Today I fo</small></li><li><a href='http://forexbetatesters.com/forex-nitty-gritty/dirt-cheap-forex-training-for-newbies/' rel='bookmark' title='Permanent Link: Dirt-Cheap Forex Training For Newbies'>Dirt-Cheap Forex Training For Newbies</a> <small>Are you a </small></li></ol></p>
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		<title>Preview &#8220;Weird&#8221; Forex Secret (Private Training Video)</title>
		<link>http://forexbetatesters.com/video/preview-weird-forex-secret-private-training-video/</link>
		<comments>http://forexbetatesters.com/video/preview-weird-forex-secret-private-training-video/#comments</comments>
		<pubDate>Thu, 03 Sep 2009 15:57:48 +0000</pubDate>
		<dc:creator>Chuck Anthony</dc:creator>
				<category><![CDATA[Video]]></category>
		<category><![CDATA[currency trading]]></category>
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		<description><![CDATA[There&#8217;s something new in Expert Forex Training that we&#8217;re going to divulge in a couple weeks, but thought it might be fun to give you a little sneak peek in advance. Here&#8217;s the thing; we understand many traders are still losing money trading Forex, whether they want to admit it or not doesn&#8217;t really matter. What [...]


Related posts:<ol><li><a href='http://forexbetatesters.com/forex-income-engine-2-0/collapsing-economy-creates-forex-wealth-video-training/' rel='bookmark' title='Permanent Link: Collapsing Economy Creates Forex Wealth (Video Training)'>Collapsing Economy Creates Forex Wealth (Video Training)</a> <small>If you</small></li><li><a href='http://forexbetatesters.com/forex-nitty-gritty/dirt-cheap-forex-training-for-newbies/' rel='bookmark' title='Permanent Link: Dirt-Cheap Forex Training For Newbies'>Dirt-Cheap Forex Training For Newbies</a> <small>Are you a </small></li><li><a href='http://forexbetatesters.com/forex-time-machine/220/' rel='bookmark' title='Permanent Link: Time To Get Your Forex Risk Eraser Cheat Sheet'>Time To Get Your Forex Risk Eraser Cheat Sheet</a> <small>More great</small></li></ol>

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			<content:encoded><![CDATA[<p><a href="http://tinyurl.com/mbmnyc"><img class="alignleft size-medium wp-image-218" title="fx-090209-promo" src="http://forexbetatesters.com/wp-content/uploads/2009/09/fx-090209-promo1-227x300.jpg" alt="fx-090209-promo" width="227" height="300" /></a>There&#8217;s something new in <a href="http://tinyurl.com/mbmnyc" target="_blank">Expert Forex Training</a> that we&#8217;re going to divulge in a couple weeks, but thought it might be fun to give you a little sneak peek in advance.</p>
<p>Here&#8217;s the thing; we understand many traders are still losing money trading Forex, whether they want to admit it or not doesn&#8217;t really matter. What mattters is what are they going to do about it? I know, I&#8217;ve been on the losing side of trades enough to know that at some point, I needed to make adjustments to my approach.</p>
<p>Well if you&#8217;re like me and willing to accept the past and move on, then perhaps it&#8217;s a good time to take a look at a brand new, complimentary training video fresh from the recording studio of one of the most respected Forex trainers around. Revealed is the REAL REASON most traders just keep on losing&#8230; and then a step-by-step, how-to-fix any trading method you&#8217;re currently using. Once you see what it is, you might think it&#8217;s a little &#8220;weird&#8221;, but after I saw it I was surprised more struggling Forex traders haven&#8217;t been told about this.</p>
<p>Here&#8217;s a hint: It&#8217;s all about how to &#8220;&#8211;A&#8211; -I&#8211;&#8221;. Once you figure it out, you&#8217;ll be surprised you ever traded without this technique.</p>
<p>So go ahead and check out this brand new, <a href="http://tinyurl.com/mbmnyc" target="_blank">Private Forex Training Site</a> where you can see the video. Make sure you watch it today because it&#8217;s definitely one of those time-sensitive videos that I don&#8217;t expect will stay online forever.</p>


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