I just wanted to give you a heads up about a new Forex service that just came out today called Ultimate Forex Edge.

I think  it is very important for a Forex trader to get ongoing training.  I don’t think you can learn Forex from an ebook alone… you need more.  Let me clarify… I’m not saying ebooks don’t have good info (sometimes), just that most people need MORE if they are going to make the trading system work for them.

I think it comes down to confidence.  You need to believe in the system enough to put it into practice long enough to get it to work.  Nothing in Forex is 100% accurate… so you need to be able to get through the loses to enjoy the winners.  The last thing you want to do is scrap a great trading system because the first trade you took was a loser.

So, the Ultimate Forex Edge really has put some interesting and ONGOING training tools for you:

• - 2 Profitable Strategies
  
• - Daily Signals
• - Daily Videos
• - Monthly Strategy Breakdowns
• - Ea’s Based On The Strategies
• - Support By A Real Trader
• - And more.

I don’t really have time to tell you all about it right now… I’m managing a trade I took this morning.  (Already took some profit and my stop loss is at break even… so managing the trade is VERY enjoyable!) Anyway… get full details by going to Ultimate Forex Edge

Oh no… I feel a rant coming on!

I just wanted everyone who reads this blog to understand something very important.  I want to succeed as a Forex trader… and I want you to succeed. This is why you may have noticed I’m pretty much only recommending Forex systems and services that have ONGOING support. After testing a lot of systems, I’ve concluded that it is this ongoing support that makes the difference between success and failure.

So, is Ultimate Forex Edge right for you?  I don’t know. But I do know it has all the elements of a successful program and could be exactly what you are looking for.  Go read about it yourself and try it out.

You see, I can’t decide which of the Forex programs I recommend is right for you.  I can only pick the one that is right for me.

I, like you, am searching for a home.  I’m looking for a way to trade Forex that fits me and my personality.  I’ve concluded that finding a successful system is not enough (I’ve found plenty and they all have made me money).  What you really need to do is find a successful system that YOU will trade every day according to your rules. I don’t care how successful a system is, you won’t make any money if you are not trading it consistently.

Here is what I mean…

I recommend Forex Nitty Gritty because I feel it is great for beginners and goes over all the things you need to know BEFORE you start trading and gives you the Simple Trading Method to trade.  But I wouldn’t recommend it al all if it didn’t have the ongoing training inside the members area with Daily Videos.  This is what really sets it apart.

Same goes for the Black Dog System.  The 3 systems you get with custom indicators are fantastic.  But it is the member’s site, private forum and live trading chat room that make this a real winner.

How about something for higher time frames like the 4 Hour.  This is why I like Trader Outlook by Bob Iaccino and his Daily Forex Webinars.  Every trading day you get to look at his charts as he gives you trade recommendations.  Plus, there a chat room where you can go over the trades with Bob and other experienced traders.

What am I trading right now?

Strignano’s Forex Signals.  Don’t get the wrong idea… this is not some signal service that turns you into an “order taker”.  Tom and Carlos are teaching you to trade Forex by monitoring price action and making decisions at important price points… just like a pro trader.  It is my goal to trade like a pro… so this is perfect for what I am looking for.

Yes, Tom hands me trade signals with entry points, stop loss, market exhaustion areas and 6 price targets to monitor market momentum.  But he also gives Daily Range, Pivot Point and Support & Resistance calculations.  Then there are the live webinars (twice a week) with Tom and Carlos.  Daily recap videos to show you how the signals went and how you should have traded them.  And I can always trade with Tom through a Skype chat room.  See how this is much more than just Strignano’s Forex Signals?

So, what is the point of this rant?

Basically, if you are not profiting in Forex, I think you should look at how you are trying to learn.  I’m not talking about what strategy you use… but how you are trying to learn. If you are planted in front of a trading chart trying to figure all this out BY YOURSELF based on something you read once… good luck.

Look at all the systems and services I just talked about.  Do you see something in common?  (HINT: Ongoing support)

Every one of these systems and services have made me money.  I personally feel comfortable with some over others.  What you need to do is figure out which one YOU feel comfortable with and take advantage of the ongoing trading.

Just think about it…

Every service or program I’ve mentioned has a community around it.  This could be private site, chat room, forum, etc.  And this is important because it shows these are not some fly by night operation.  Trader are trading these systems every day and making money.  If you want to be one of them… you need to communicate and interact with them.

I’m sorry for the rant… but I think it is important you understand this point. Once you learn you need help to be a successful Forex trader (and know where to get that help that fits your personality), then you are on your way to crazy profits.

So, regardless of whether you join Ultimate Forex Edge, or one of the other programs I’ve mentioned (or something else for that matter), you will have an “EDGE” over other Forex traders. And that edge is ongoing support and a community of successful traders willing to help you become successful as well.

Good luck in your trading.

Any thoughts on this… leave a comment below.

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