School of Forexology

At our School of Forexology, our vision is to share, inspire and motivate people on anything related to Forex trading.

We know many of you guys out there are excited, amazed and want to plunge straight into the world of Forex trading.

What I would highly advice is to take a breather and check out our educational articles first!

Statistics show that 95% of traders lose money, do not daydream that you are the 5% who wins right from the start.

The very first thing you need to do is to start investing in your education.

We will try our best to fill you guys with more content asap.

Before wasting any of your hard earned money, do play around with demo accounts first by downloading the FREE Metatrader 4 program here.

Level Topic
Beginner Beginner Guide to Forex Trading Part I Part II Part III
Forex Trading is not a scam
Forex Quote Reading for Beginners
How to read Forex Charts
How to choose a good Forex Broker
Are Forex Traders Gamblers?
Intermediate Candlestick Patterns
Reversal Patterns
Conviction, empowering your daily life
You do not need an IQ of 140 to make money from Forex
Support And Resistance
Trading with Divergences
Fibonacci
Other Aspects of trading The power of the mind, Trading Psychology
Money Management 101
How to set your stop loss level strategically
7 pitfalls to avoid for successful trader
Why any trader should keep a trade diary Part I Part II
Fight with the market, do you think you can win?




Learn and grow to be a successful trader. Soon, you might be swimming in currencies instead of trading it!

10 Responses to School of Forexology

  1. kenny on 2011/04/10 at 8:55 pm

    what do you advise for course?

    • gump on 2011/04/11 at 9:44 pm

      Hi Kenny,

      We have attended a few courses before. So far, the one we think helped us the most is Terraseeds. You can also wait for Chris Lori to come to Singapore. His course is also great.
      One thing to note though is that course fees are usually higher than 2000 dollars.
      Do check with us more before you attempt to sign up for any courses.

  2. Evelin on 2011/06/13 at 10:27 am

    Hi Gump,
    You have recommended forex course by Chris Lori. He has on-line course “Pro Trader Complete FX Overview”. Can have you comment on this on-line course?
    Thank you

    • gump on 2011/06/15 at 12:02 pm

      Hi Evelin,

      I recommend it only for new users.
      I know you and feel that you are already equipped to make money from the market.
      You just need more action and activity.
      You’ll master it eventually :)
      Good luck!

      Gump

  3. berrat on 2011/07/11 at 8:58 pm

    Hey! read the walkthrough and it’s great!

    Can i ask that if by understanding the global economy will i be better at understanding the currency market as well?
    If so, where can i get all these information, newspaper a good way to start?

    • gump on 2011/07/12 at 11:18 am

      Hi berrat,

      Having some knowledge about economics is good. I have to say it is not compulsory too.
      We read economist, fortune as well as daily economic news from newspapers.
      To us, economic news are usually noises and the news itself can often be “predicted” by looking at the technicals of the chart.
      Technicals weak -> bad news incoming.
      Technicals strong -> good news incoming.

      Though it is not 100% accurate, it has served us pretty well for the last 2 years.

      Regards,
      gump

  4. arif on 2011/08/01 at 3:20 pm

    nice… it seems that you trade naked. not many indicators or even at all?
    i’m learning to trade naked too. it’s a good resource for me then

    thanx

    • mumu on 2011/08/01 at 6:24 pm

      Hey arif,

      It would be great if we could share our knowledge!

      Regards,
      MuMu

  5. worntilltorn on 2011/10/25 at 10:48 am

    hey guys, just want to say a big thank you so far for all the signals!
    i want to check, how do you guys split the trade? i.e how many contracts do you go in with? 4 and protect profit along the way? or 1 contract and add on as the trade goes your way?

    • mumu on 2011/10/27 at 2:15 am

      Hey worn,

      please refer to this post by gump on position management.

      Never increase your contract when the trades goes your way. You never know when the market will turn against you.

      One of the path we took to bust our account!

      Regards

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