Getting started in Forex Trading can be a daunting task. With so many facets of the forex market, it being so dynamic and hundreds of people on the web professing to have discovered the 'Holy Grail', it’s hard to find a single trusted source of training to inform your decision making.
That is why Traders4Traders was established. We want to provide people the basic and advanced training skills that the bank traders use, with an all-in-one resource that we have named 'myFXTradingHub' that you can use in combination with our online courses that is the core of our methodology and infact the bank traders too. If you don't know what they are doing you wont know where the liquidity is to be able to trade effectively.
Traders4Traders is a training organisation that can take you from a complete beginner as a student trader, to trading your own money as a Pro Trader Member and learning the advanced techniques to trade your own money. Once you are competent at this level you have the choice to continue to trade with your own money or take the ultimate challenge of becoming a Funded Trader and trade with T4T's money and get paid to do it just like the bank traders do!
Don't take our word for it, if you are not a member try our 7 DAY FREE TRIAL as a Pro Trader Member and take all the courses for FREE!
Or join straight away for USD$99 per month and pay annually to get 2 months FREE!
Who is Traders4Traders for?
Understanding your purpose is critical from a psychological point of view, read Brad Gilbert's article 'Make sure you are trading for the right reasons'.
Part time trader
Trading today is now open to anyone, historically only available to the institutions. Anyone can learn FX trading if they are willing to put the effort of learning the market and not just relying on indicators to do the work for them, which 95% of the time ends up blowing your account. Part time traders either do it for self satisfaction or a way of supplementing their income.
Manging your own investments like your pension or 401K
If your objective is to manage your own investments by trading forex you will in effect become a broker for your investments like your pension and in return make far greater returns and not pay any fees to third party brokers. This method of management is now becoming very common within the millenials demographic.
Trading frees up your time, potentially can make more than your current job and you answer to no one apart from yourself. It is this potential freedom that attracts new starters in Forex Trading and becoming a Pro Trader. Most commonly those that do this trade their own money and provide a solid comfortable income every month whilst poviding at the same time for their retirement.
Becoming a full time FX Funded Trader
This is the ultimate challenge. With experience and consistency in trading becoming an FX Funded Trader is the nirvana of FX Trading where you are trading someone elses money and being paid to do it. It is not for the feint hearted and the fund managers take no prisoners. If this suits you then the potential earnings can be very rewarding.
Let's get started
It all starts with education, those that dont bother to learn the Forex market are destined to fail, and quickly.
Once you have subscribed as a Pro Trader Member you will have access to all our courses for the during you are a member.
Our courses should be taken in order and are as follows:
- Forex 101: KickStart Series
- Forex Pro Trader Course
- Forex Advanced Pro Trader Course
We suggest before doing anything else you watch the Forex 101: KickStart Series to get a taste of what is to come.
Our proprietary platform provides you with all the resources you need to trade forex.
myFXTradingHub has the following resources:
- Forex Economic Data Calendar
- Forex Daily Market Insight
- Forex Daily Analysis
- Next Best Trade Watchlist
- Forex Central Bank Sentiment
- T4T Forex Webinars
- Forex Software
- Forex Resources
We recommend you choose your Forex broker to start trading in your own region. There are many brokers around the world, but choosing a broker in your region and in your own currency is important.
You can see the forex brokers we use at T4T with our Forex Brokers Guide.
We know you are itching to get trading, however we suggest you start with a demo account for the first month minimum. This will ensure you get used to the platform and learn the mistakes you will inevtiably make in the first month.
Once you have chosen your broker download their MT4 platform. Traders4Traders use MT4 as its primamry trading platform and all training is given using this very popular platform.
Whilst we do not recommend the general use of indicators on your trading platform, we had numerous requests for help entering trades into MT4 using the T4T methodology.
We responded by creating our own proprietary add-ons for MT4 that makes entering trades during live data releases and tardes that follow the trendlines.
We consider this key to trading and feel trading without this extremely valuable and affordable news service, is like trading blind.
We have arranged a special deal with Reuters of $99/month and the first 2 months free. Read more about Reuters Xenith form their website.
Of course you can read our 'Market Insight' and 'Daily Analysis', if this is a stretch on finances.
Daily Routine & Trade Plan
Coming soon (expected release end of Jan 2018)
Get yourself into a daily routine of analysing the markets yourself. Sticking to a daily routine like the bankers do everyday will ensure you choose your trades wisely and don't overtrade, which is a common mistake made by new traders. We also provide our 'Rules of Engagement' and Capital Management as part of our daily routine checklist.
OK - Let's get started with our online Forex Courses
Please read this it's important for everyone
The content has been prepared by Traders4Traders Pty Ltd (ACN: 99139140373 AFSL 414349) for general information and educational purposes only and is not (and cannot be construed or relied upon as) personal advice nor as an offer to buy/sell/subscribe to any of the financial products mentioned herein. No investment objectives, financial circumstances or needs of any individual have been taken into consideration in the preparation or delivery of the content. Financial products are complex, entail risk of loss, may rise and fall, and are impacted by a range of market and economic factors, and you should always obtain professional advice to ensure trading or investing in such products is suitable for your circumstances, and ensure you obtain, read and understand any applicable offer document.