Those Clever Yahoos Know Exactly What Could Happen

January 26, 2010 by admin · Leave a Comment
Filed under: forex, trading as a business 

Those clever yahoos at the CFTC know full well what the ramifications are for the latest proposal - and it looks like they are going ahead anyway.

Now the questions and all the fuss suggest that they are UNAWARE of the consequences of their actions - that this would completely destroy the Forex trading here in the U.S.

But there is just NO WAY that the DON’T know.

So this begs the REAL QUESTION:  Who will benefit and how?

Here’s the BIG problem:

“Leverage in retail forex customer accounts would be subject to a 10-to-1 limitation.”

Here’s where you can read the press release about it.

http://www.cftc.gov/newsroom/generalpressreleases/2010/pr5772-10.html

Most importantly, here is how to make your opinions known.

You may submit comments, identified by RIN3038-AC61, by any of the following methods:

1)      Federal eRulemaking Portal: http//www.regulations.gov/search/ index.jsp Follow instructions for submitting comments.
2)      Email : secretary@cftc. gov.  Include “Regulation of Retail Forex” in the subject line of the message.
3)      Fax (202)418-5521
4)      Mail: Send to David Stawick, Secretary, Commodity Futures Trading Commission, 1155 21st Street,. N.W., Washington, DC 20581

Cheers

Brian

P.S.  Let’s hope and pray that they really are so blindly ignorant that they didn’t realize what this would do and that receiving truckloads of emails will get them to do the right thing.

P.P.S.  Here’s a thread discussing this in more detail

ForexPeaceArmy thread

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Trading As A Business - 10 Reasons You Should Succeed

April 10, 2009 by admin · Leave a Comment
Filed under: trading as a business 

From a business perspective, trading has many unique aspects that truly put the odds in your favor.

In this video, I list 10 reasons that you should succeed as an individual trader.

Enjoy and be checking your inbox for more info coming your way!

Cheers

Brian

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What Are Your Top 3 Questions?

March 19, 2009 by admin · Leave a Comment
Filed under: General 

With all that’s been going on over the last several months, you may be in the same boat as a lot of other traders, that being feeling a bit lost about how to trade profitably and comfortably in this market climate.

Coming soon, I’ll be hosting webinars and publishing a series of short videos answering the top questions that you and other traders have right now.

Take just a minute to let me know what your questions are by going to the survey below.

Top 3 Questions

I’m here to help you, so let me know what your questions are!

Cheers

Brian

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Inside Out Trading February 18, 2009 Video Newsletter

February 18, 2009 by admin · Leave a Comment
Filed under: forex, trader training 

There’s been quite a bit going on lately and several cool things coming in the next few weeks.

Watch this video where I give you a quick summary.

Gain access to Derek’s 20 minute video about the Gartley pattern and how he uses it

Register here for Derek’s followup webinar on FXStreet about one of his favorite patterns

Join the P.I.T. Club and build your proper trading business (sign up before the upcoming changes take effect)

More to come…

Cheers

Brian

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You’ve got one, but what are you doing with it?

January 14, 2009 by admin · 2 Comments
Filed under: trader training 

You’ve got one of these, but what are you doing with it?

Oh yeah, what is the ‘one of these’ that I refer to?

Your business.

You’re not just a trader, you are the owner of a business.

Your trading business.

Are you treating it as the business that it is, or are you just busy trying to ‘make money’?

There is a HUGE difference, and if you’ve never run your own business and worked for yourself before, then treating your trading as a business means that when you started trading, you actually had TWO learning curves to go through.

That’s right, two.

And they both came about at the same time.

You had to learn how to trade.

You had to learn what it’s all about starting and running your own business.

Even though you may not look at your trading as a business, it is one and in many, many regards is the same as if you had opened a ‘brick and mortar’ business.

When you started trading, you also started your own business, complete with an owner, manager and worker.

There are many parallels between a trading business and other types of businesses, PLUS the reasons for failure between the two are basically the same.

For more on this, (such as the list of parallels) go to

Trading As a Business

Prepare to have your eyes opened!

Cheers

Brian

P.S.  The list of reasons for failure (and success) are surprisingly similar.  Discover them right now and give yourself an edge you didn’t know was right at your fingertips all along.

Trading As a Business

P.P.S.  Even if you have or currently own your own business, a trading business is unique in many ways (as you’ve probably discovered).  Here is where you will discover how to make your TRADING business a reliable business as well.

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