Trading Risk Disclaimer
There is risk in all forms of trading and investing. Only trade and invest
with true risk capital. Past performance is no guarantee of future results. The Institute is not licensed to provide personal investment advice. Consult with a licensed advisor prior to any trading or investment decisions.
Now You Can Trade Forex and 'Have a Life' At The Same Time...
After
years of chasing pips around the screen, using every indicator known
to science, and getting plenty of pips but spending far too many
hours each day trading, I discovered a robust, simple and
easy-to-implement method of trading in the spot Forex currency
market (yes, a live trading method, not a robot, black box or
magic 'blinking lights' software program) that lets you
spend less than 1
hour a day in front of your charts
and still get a whole lot more pips-per-hour than you ever did
before.
'Convenience Currency Trading'
Will Teach You:
•
How to
win
over 3 out of every 4 trades (or better).
•
Average
hundreds of pips a
month.
•
Trade
one
hour a day
or less.
•
Trade part-time for full-time income.
•
Multi-task your trading
with your regular activities.
Features & Benefits of This Method
•
Sane and
prudent
risk management.
•
No trading volatile news
announcements.
•
No trading in the middle of the night.
•
No need for exotic indicators you can barely pronounce.
•
No proprietary software
or data feeds.
•
Easy-to-identify pattern recognition.
•
No
real-time monitoring of open positions.
•
The learning
curve dramatically shortened via ongoing live, FREE support on
interactive telewebinars where I can answer your questions and
critique your practice trades.
Enlarge the
View
to 800%
or so
after
opening
to
see
all
the
pips!
SPECIAL
OFFER
For a limited time only (until the Depression ends ;-) we are discounting our course by
$100 to introduce our method to a wider audience.
Under our
'Depression Special' pricing you can get our entire
Forex course -- over 10 hours of education in a series of
detailed yet easy-to-follow and understand video training modules,
plus ongoing FREE live support and trade analysis from me personally on
twice-weekly evening telewebinars -- for just $395, so you
SAVE $100,
a 20% discount.
Just click the Buy Button below to charge the course tuition to your major
credit card, or to pay via PayPal.
Hello, this is
Gordon Philips with The Institute Of Higher Earning in Milford, New Hampshire.
I've been trading currency since about 2003. Over the
years I've made it a point to sign up for other courses and webinars, just to
see how the competition goes about presenting their materials and methods to the
public.
In case you didn't know, and to save you a ton of
time, I can tell you the following right now:
Much of that material is pure bovine effluvium.
Much of it you
can already find on the Internet for FREE.
Virtually all
of of it requires you to trade in real-time and stay in front of your trading
screens, often for hours on end.
Most of it is
light on risk management, so light that some courses barely make mention of it.
Trust me when I tell you, you can pay thousands of dollars to lose money in
style with some of these courses, especially if you're interested in shipping
your behind half way across the country for a motivational trading seminar,
complete with a stage full of plants, a spectacular multimedia sound system and
a supermodel to greet and seat you.
Been there, done that. Didn't get me pips, though.
So What's My
Story? Like most people, I started out learning how to trade Forex back
in 2000 with a screen cluttered with indicators. I
tried them all. Sometimes it was a challenge just to see the price! I learned
how to get pips that way, but it wasn't easy.
In those days, my concept of performance improvement
was to get better results in the same time, or at least get the same
results in less time. Either type of improvement would increase my
performance. So that's what I set out to do and I found it. But not in the way I had expected. What I ended up
doing was getting rid of all upper screen indicators (you read that right, all),
and using a single lower screen indicator combined with trend lines the way I
draw them. And, to paraphrase Robert Frost, that has made all the
difference.
As simplistic as this may sound, I now spend a whopping total of only 60 minutes
a day (and never all at once), looking for a specific, high-probability Forex
trade setup that I identify in my course. This setup:
Is easy to find. Requires
no exotic indicators or special software. Needs no
'easy' flashing lights or special software. Can be
found in any currency pair, from the majors to the crosses. Can be
found in any time frame from a 5-minute chart up to a 1-day chart. Can be
spotted from any computer with access to free online charts. Can be
found in the morning, afternoon or evening. Can be
sought at your convenience, on your own schedule.
Once a trade is open, I use trend lines to identify key support or resistance to
project my profit target. Again, no indicators, colored lines to cross to 'get
out,' buzzers or alarms to go off, e-mails to be sent to my cell phone, none of
that. Frankly, this couldn't get any easier.
A Few More
Things You'll Be Happy To Know
You do not have to get up
in the middle of the night to trade this method (I mentioned this
since Forex is 'open' for business 24 hrs a day, 5+ days a week.)
Once you have identified a
high-probability setup, you make a quick and easy calculation to
determine your lot size (position sizing), place the trade, set your
stop and your limit, and walk away. That's because...
Once a trade is open, you
do not need to continuously monitor your position. Just return
at the end of each period to see how things are going and adjust
your stop in the direction of profits, as necessary -- i.e., if you
placed a trade on the 30-minute chart, you come back every 30
minutes and check in. In between, you can answer some e-mail, water
the plants, shoot some pool, whatever.
Bottom line:
I make a lot of pips.
I win most of
my trades.
I'm never
stressed out.
I can do pretty
much whatever I want to each day.
And I get a
higher PPH than any other day trader I know of, or of any other Forex day
trader, specifically.
What's PPH? It's a term I made up that stands for
'Pips Per Hour'. In my book, PPH it's the only metric that matters when
evaluating and comparing methods of making money as a trader.
(In Forex trading, the terms 'points' and 'ticks' are called 'pips.'
Same difference.)
Sure, there are tons of currency trading courses that can teach you how to get
pips. But they all require that you sit there and be ready to pounce when
something happens, then keep sitting there to ride the trade to
completion.
But isn't that also true of all those S&P e-mini courses? Here's the scoop.
This
is What it Took Me Several Years to Finally Figure Out: Any method of day trading in any market that
requires you to stay in front of the screen to spot trade setups, in real
time, looking for squiggly colored lines to cross or for something to flash,
ring or beep to alert you when to get in, then requires you to ride that
trade to completion in real-time, still sitting there at your charts, is
obviously going to net you a lot lower PPH than one that lets you spot trades
on your own schedule, then check in to update and adjust them
periodicallyso you can 'multitask' your real life in the meantime.
All I care about is getting the highest PPH possible, with the least effort!
For me, the number of pips I can get over 'x' hours of total trading time
invested with the lowest possible risk is the only thing I'm interested
in.
After all, that's why I got into this game in the first place: as an
alternative to a real job. For my money, sitting in front of screens
all day long is too much like a job (remember, there's a reason why
they call it 'day trading'.) It
dilutes my profits. For me, time freedom is what it's all about. Why sit in
front of charts all day when you can trade my way?
There's a lot more I could tell you it right now, but I've said enough for the
time being. When you can set some more time aside,
click HERE
to learn more about our 'Convenience Currency Trading' course.
Save 25%
With Our 'Depression Special' To help everyone improve their financial
circumstances during the current economic collapse, I'll let you take advantage of a special 25%
discount offer.
We continue to charge the public $495 USD for
our course which, again, comes with FREE live support from me personally on evening telewebinars.
However, during this limited time offer you can get our entire
Forex course plus FREE, unlimited lifetime support for just $395, so you
SAVE $100.
Just click the Buy Button below to charge the course tuition to your major
credit card, or to pay via PayPal.
Today's Forex Insight
by Gordon Philips, Director,
Trading & Research, IOHE:
'... Here's a Convenience Currency Trading axiom that rarely fails: be correct in your pattern recognition 80%-90% of the time - as we can teach you, and you can make a lot of money, even if you manage to screw things up every now and then.'
About Gordon ...
The son of a successful New England businessman and international textile engineer,
Gordon
was
educated at Phillips Andover Academy where he was privileged to breathe some
of the same rarified air exhaled by upper classman Gee Dubya Bush. He then matriculated
to Boston University as a pre-med student where he feverishly burnt the midnight
oil studying differential calculus, physics, organic chemistry and the electric
bass guitar.
After twenty-five blissful years in the music business during which time he
made no use whatsoever of the above profoundly expensive education, he finally
put it to good use by devising fiendish techniques for forecasting trends in the stock market, foreign currencies, precious metals,
commodities, the oil sector, hem lines and the rate of dystopian decline of
western civilization.
In 2000, upon the founding of The Institute Of Higher
Earning by his wife Marlena, he began teaching Forex currency trading. For the first several years, he traded as most speculators do,
with a screen loaded with indicators, ready to pounce on pips whenever various
wiggly colored lines and complex indicators crossed, flashed or beeped.
Feeling that this was too much like the real jobs he once avoided by playing
jazz, and suspecting that there must be an easier way to get lots of pips
without expending any visible effort, he set out to develop a more mechanical
system of live trading that would give him a significant edge in forecasting
near-term price direction, while allowing him the freedom to step away from the
screen after a trade had been placed and devote his leisure time to writing his
next book.
This determination, combined with countless hours spent trading and testing,
led him to develop the 'Convenience Currency Trading' concept as taught in the
recorded, fully downloadable trading course now offered by the Institute.
Students who learn to trade Forex the way Gordon trades are astonished to
discover that the upper chart area is entirely devoid of indicators. Just candlesticks to light the way and the price, all by its lonesome on the
right side of the screen.
A single lower
screen indicator, combined with a unique and very unfair method of drawing trend lines enables
Gordon to consistently achieve greater than 80% winning trades and spend a
minimal amount of daily time in front of his trading screens.
As he likes to quip, 'There's a reason they call it day trading. You can sit
there all day long.'
Finally, a trader can get pips, make good money, and multitask his trading
with his regular daily routine, which works well for stay-at-home-moms,
long-distance truckers with a laptop in the adjacent seat, cubicle workers who
can keep their trading screens minimized whenever the Boss strolls by, the newly
unemployed and others who like the rest of us, wish to get as much as possible
for as little as possible, as much of the time as possible.
Trading Risk Disclaimer: By law we must remind you that past performance is no
guarantee of future results. There is risk in all forms of trading
and investing, and you should only trade and invest with genuine
risk capital, meaning funds you can afford to lose and live
comfortably without. The Institute is not licensed to provide
personal investment advice. Consult with a licensed advisor prior to
making any trading or investment decisions.
Institute of Higher Earning
P.O. Box 113, Milford, NH 03055
800.504.2340 9 to 5pm EST