Peter Bain's Forex Course  


FOREX TRAINING FAQ
FREQUENTLY ASKED QUESTIONS ABOUT
FOREX TRAINING AT FOREXMENTOR

How can I start trading? Begin your Forex training with our popular Complete Home Study Forex Pivot Course and Mentorship Program. Go through our extensive tutorial library as many times as you need (150+ hours of video tutorials). Open a demo account and trade there until you become consistently profitable and have a coherent trading plan together.

I work and can only view courses in the evening. Is there a set schedule for that? You can watch our complete home study course materials at your convenience and whenever your schedule permits. You can also watch video tutorials from our member library (over 150+ hours) anytime you like over and over again. You will get an immediate login access to our member’s section right after your purchase. Member’s section includes library with video tutorials (150+ hours of tutorials), member forum, daily Forex AM reviews, trading tips from other members, daily pivot data for major currency pairs, almost four years of historical trading examples etc.

Can I start trading part-time while working full-time? This is highly recommended before committing to full time trading. We have many successful members that started trading part-time and were able to quit their daytime job, and become full time forex traders with our currency trading system.

Can you recommend a broker with good charts? We use and highly recommend FX Solutions. Their new, recently released FX AccuCharts are impeccable.

How much money do I need to start trading? You can start trading Forex with as low as $300 account. FX Solutions offers flexible leverage and contract sizes, which are powerful features to have, especially for beginners. More details can be found on Flexi leverage and Flexi contract sizes.

Do I need to have any special educational background in order to be successful trader? Not at all. Successful traders come from many different professions. Our popular Complete Home Study Forex Pivot Course and Mentorship Program will introduce you to all the essential aspects of foreign exchange in an easy-to-understand manner. Anyone can learn it. Trading has its own learning pace and curve. All you need is average intelligence to learn the course content and self-discipline to follow rules.

Why does your currency trading system work? The reason is quite simple. ALL professional traders (traders trading for themselves or for banks, financial institutions, funds and such) adhere to the concept of support and resistance, which is the premise behind my system. When you see price violate a pivot point convincingly, there are automated trading systems out there that automatically kick in and buy or sell, depending upon where price is going. So, in essence, these two factors alone account for why other indicators are left breathing dust. Bar patterns, MACD divergence, different time frame readings, and trendlines are definite precursors to price changing direction but, in the final analysis, where price is in relation to its nearest pivot point, is the big clue. Tie all these indications together, and you are sure to out-fox price's next move. You can read our clients testimonials.

What is included in your training course? It comes with 2 DVDs (4 hours of live instructions), 12 computer CDs with core system strategies described there, "Trade Currencies Like the Big Dogs" manual (250+ pages), "Introduction to Forex Trading" guide (100+ pages) and quick start guide for trading Forex, 6 months of unlimited access to our member’s section which includes – extensive library of video tutorials (150+ hours), member forum, daily video trading examples, trading tips from other members, common questions and answers, daily pivot data for major currency pairs etc.

Does your course assume any prior trading knowledge? No. We start from the beginning.

What currency pairs do you mostly trade? We believe in specialization so we focus mostly on the EUR/USD currency pair. We find this pair has a very stable pattern and daily range.

How long does it take to complete the course? Two to five days.

Why aren’t you just trading this system instead of teaching it? What is your background in Forex trading? I was perhaps one of the first to enter the Forex when it became available for public trading in 1997. It was a logical extension of my commodities trading career, as there are so many similarities between the two markets - although the Forex is by far the best market for a whole bunch of reasons. I teach it because I enjoy reducing complex topics into simple solutions. My first love is trading, but now I have the best of both worlds. I can do both.

 


 

 

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