Happy New Year!
Forex Lens wishes you all a decade of progression, education, love, health and wealth. May we all get stronger and better together as traders and more importantly as individuals.
This past year has been a great step forward for our company. We were able to find RP Forex, our new live sessions trader in our Trading Room. Inside our Trading Room, we stream live everyday Monday through Friday for the NY Session and soon the London Session as well.
RP has done a phenomenal job calling out trades for the members in our community, averaging over +300 pips per week, and at times without a single losing trade. Those who have been trading for some time can understand and appreciate the significance of this accomplishment. Those of you who have been with us during this period have been lucky enough to reap the benefits of his brilliant work. Not only do our traders see the technical and fundamental analysis breakdown, but they are able to ask questions and request for analysis on certain pairs.
We have had a traders email in thanking us for helping them transition to a full time trader because of our service. They were able to build a replacement income with just a few trades per week targeting 300 pips. And honesty, that is all you need if you have a large enough account and able to manage your trades correctly.
Sure, there may be others who claim to make more pips, calling out hundreds more trades per month, but ask yourself this – who really wants to take more trades? Successful traders all understand this – the more you participate and risk your money in the markets, the greater your chances are of losing that money.
Which is why we encourage traders in our community to only take a few trades per week and more importantly, only trade when a high probability setup presents itself. The trade idea must meet the strict criteria of our trading plan to ensure all trades are quality setups. With the implementation of our risk management strategy, we not only earn profits, but we keep them as well. We let our winners run and we minimize our losses when they happen. In Forex trading, it’s better to be a sniper in the markets – quick in and out with precision.
If the goal was to accumulate the most amount of pips, we could sit here all day and call trades. That would mean we would have many more wins, but that would also mean we would have many more losses. For those who are interested in taking more trades, we do offer 4 other traders (IntrendFX, VanityFX, JangoFX, and CableFX) who provide signals only. These traders make a lot more pips but also takes a lot more trades. It would also require more time and energy to manage these trades.
So you must ask yourself if that is what you really want, Or would you rather capture 300 pips per week that’s almost guaranteed and run with it? And spend the rest of your time enjoying life on your own terms.
The primary motivation of every day trader should not be monetary. The goal of every day trader should be to achieve the time freedom of living without constraints. Be able to spend your time the way you so desire without having to answer to anyone (except maybe your spouse). Sure, if you want to work a job you could.. who are we to tell you how to live. But you will be working because you want to, and it makes you happy, not because you need to.
So do yourself a favour and spend the time to master this. Join our trading community and see it through. You are reading this email for a reason. We’re here to help. The best investment you can ever make is to invest in yourself. The betterment of self is always a profitable investment.
This year, we will take time to email more of these thoughtful “wake-up” reminders to remind you that there is more to life than work. There is more to life than trading. We are here to make a difference in your life. Here’s to a year of more prosperity, more profits and setting priorities. Will you be our next success story? It’s the turn of a new decade. No more excuses. 2020 is your year. No, it’s OUR year.
It’s time to make a change. Come trade with confidence.
Great traders trade here and who you trade with matters!
