Many people are fascinated by the world of forex trading. I mean, who wouldn’t be after hearing how many people make thousands in minutes.
So maybe you want to make a little extra money. Maybe you want to be filthy rich. There are many tutorials on how to make this system work for you. Some of them work. Some of them are like flushing money down the drain.
I, personally, think that forex trading is like extreme sports but for life and money. I always thought it was just shooting in the dark, blindfolded and drunk. So basically I thought it was for the really gutsy people who have a lot of money. The type of people who won’t curl up in a ball and cry after losing $100.
You won’t believe my surprise to learn that can be learned. I have watched videos of people trading and trying to explain what they do. While they were inspiration up to a point I did not feel like I was learning a skill. In fact, I was left convinced that it wasn’t for me.
It has been two years since I have gotten into this. I have been hearing about Forex Mentor Pro 2.0 .I read review after review.
The actual full term is foreign exchange trading. This used to the thing that people do when they travel to different countries in order to obtain that other country’s money. Many people try to catch the best rate to get the most money out of it. Getting more money to spend.
But now, people use this term to refer to a type of investment trading. People speculate on the fluctuating values of currencies between the two countries. The first currency listed in a forex pair is called the base currency, and the second currency is called the quote currency.
96% of beginner traders end up giving up and thinking that forex trading is a scam. This is truly a shame because this is an industry set up for insiders. So all people need to do is hold on long enough to become insiders.
Most traders use the Forex Trading Leverage but this method leaves many traders out to dry. This method enables traders to trade with more money they actually have. This means if you were trading 2:1, you could use a $1,000 deposit, to control $2,000 of currency on the market. However, new traders go all in and start with as much as 50:1.
While optimism is good, thinking that you can double what you have easily is the reason many people walk away empty-handed. The risk of losing your money is equally high.
Example of making and losing money
Here is a clear example of how the forex trading works in some practicality:
You decide to buy 100 euros against US dollars. The EUR/USD exchange rate at which you can BUY at this moment is 1.4500 so you pay $145. Later, the EUR/USD exchange rate at which you can SELL euros for US dollars is 1.5500.
So you sell your €100 and get $155. If you started with $145, you now have $155. Congratulations, you’ve made a profit of $10. Alternatively, the EUR/USD exchange rate at which you can SELL euros for US dollars is 1.3500. You sell your €100 and get $135. Because you started with $145 and you now have $135 meaning you’ve made a loss of $10.
It’s clearly not a scam. If you want to get on the inside and make money don’t lose heart. There is something you can do to improve your chances.
Forex Mentor Pro 2.0
The brain behind this program is Marc Walton. He is a fund manager who created the program. He has been mentoring since 2008. Another mentor from the program is Pierre Du Plessis from South Africa. Finally, you have Omar Eltoukhy who turned into a professional trader. He has a great ability to explain in a simple and engaging manner.
The aim of this program is to make money for everyone from the beginner level. This targets anyone who has ever thought they couldn’t make money from forex trading. You get access to an introductory video for beginners. This lays out a great foundation for anyone starting out.
You’re given a step by step and show you everything from setting up your trading station to the basic technical analysis we use in our trading every day. Once you have that done you are ready for the advanced stages. These stages are the M2 Trading System, Earth & Sky Trading System and FMP Fotis Trigger System.
3 Powerful Trading Systems
You get access to 3 proven trading systems inside the Forex Mentor Pro. Here is some information about them.
M2 Trading System
For those who have a job and have limited time for trading. Your membership includes a copy of all our trading software. The mentors show you in advance, every day during the week, what they are looking to trade & why. You learn how to make “trading traps” to catch entries in high probability areas. There are a lot of videos that show what’s on their charts as you walk through the method and see dozens of setups & examples.
Earth & Sky Trading System
This is a powerful swing trading method using a combination of proprietary indicators, fibs, pivots, and specific moving averages. You will be able to predict market swing points, with amazing accuracy, in advance. Pierre du Plessis’ Earth & Sky Trading System can be used on longer time-frames. He has shown that using a 4-hour candle closes is best. Also, Pierre also runs our members-only forum to offer help and advice every trading day. You are well on your way to making a consistent profit.
FMP Fotis Trigger System
Created by a working fund manager and expert analyst, Fotis Papatheofanous MBA. The downloadable software is included with your membership. Fotis shows you step by step how to use it in the course and there are recordings of recent live trading sessions. This is for those who have the time and “like to trade” then this is the one to concentrate on.
What is in the package?
3 Powerful Forex Trading Systems
Get full access to the same powerful trading systems, they use every day to pull profits out of the Forex market.
Daily Video Analysis of Trades
Watch on video as they plan trades in advance. They also explain what they are looking at with each trading system for the days and weeks ahead.
Proprietary Trading Indicators
Get unlimited access to their custom proprietary indicators and trading tools designed to make your trading life easy and profitable.
Step-By-Step Forex Video Training
From basics to advanced trading systems, they walk you through everything you need in their step by step online video tutorials.
Private Members Forum
Join the FMP family, meet other members and ask questions, many of our members are now professional full-time traders and happy to help you.
Help & Support
Their main goal is to help you succeed which is why they offer as much support as possible. Ask questions and get advice from real professional Forex traders.
What are the pros?
- You will receive daily updates on news and happenings on the Forex market, as well as updates on the strongest currencies.
- Learn about a range of standard methods that you can apply to all different trading systems.
- You will have various Forex professionals to mentor you through the forum and blogs.
- Good base for beginners.
- Helps you avoid scams.
- 100% money back guarantee within 30 days.
What are the cons?
- There are some issues about the guarantee of functionality and assurance that you can get 100% results.
- There are still chances that you will lose some money.
Just as forex trading is not a scam, this program is not a scam. In fact, if you are looking to becoming an insider trader making money you should definitely give it a try. Watch the experts trading while they explain to you how to be just like them.
The biggest problem that most people face is that they go in with very little guidance. Taking this support will increase your confidence. That is the major thing you need. Many people confuse optimism with confidence. Optimism makes you go in over your head but will leave you in a ditch when things go wrong.
If you have some interest in a way to make money that will also make your money smart, I recommend you start with this program. These guys are insiders with years of experience. Pierre actually does this full time from his home.
I recommend you try the program. If you still want to build your confidence you can start with a demo account until you have it locked down. Furthermore, if you don’t think this is the path for you, you can always get your full refund. No money to lose. You have more to gain. Try it out for yourself. Just remember to get educated and keep a level head.
Receive daily updates on news and happenings on the Forex market.
Learn about a range of standard methods that you can apply to all different trading systems.
Various Forex professionals to mentor you.
Good base for beginners.
Helps you avoid scams.
100% money back guarantee within 30 days.
Issues with a guarantee of functionality and assurance.
There are still chances that you will lose some money.
Summary: Get access to 3 Powerful Forex Trading Systems, Daily Video Analysis Of Trades, Proprietary Trading Indicators, and so much more.