FX Alerts™ The Three "P's" You Must Have To Be A Success Plan I'll stick my neck out and say "I guarantee you'll fail if you don't have a plan" This has been proven time after time – including one study (of Harvard Graduates) that suggests that a written plan will increase your success to 92.3% or more (over those with no written plan) Isn't that amazing?! So, I've go to great trouble and length to make sure you have all the resources you need to make your plan. 1. FX Alerts – you'll have my trade-by-trade system delivered right             you your email box. 2. An 8 hour Home Study Course – divided into "easy to digest"          chunks of 30 minutes – that you can download right to your          computer. You'll have entry techniques (including how to avoid the          disaster most breakout traders suffer through), money management,          and even three "ready to trade" systems dissected like a corpse on          CSI… 3. 4 hours of my private coaching sessions where you'll get a taste of         the very private (and very pricy) private coaching sessions I make         available to a select few – yours for the taking and… 4. Regular updates, charts and trading insight. All designed to give you the profitable trades plus the ability to construct a plan to take the FX market on all by yourself – without getting terrorized. I suggest using a demo account for the first 6 months, enough time to have 100 trades with a net profit. That way you'll know that you have the discipline to stick to the trading plan and risk real money. But, I have to warn you – live trading is nothing like demo trading. You'll have all the pshychological pressure of your bills, your family, and your ego on the line. Use the Demo account to "fine tune" your skills if you fall into a rut. But always keep in mind that losing money is all part of the game, which leads me right to… Patience Don't let a single day, week or month throw you off. It is not uncommon to be in a drawdown for 2-3 months! That means you don't make on dime of new profit until the third month (maybe more)! I know that doesn't sound like what you read in 90% of the sales literature out there, but it is the harsh reality of trading. And if you think that you'll be better than the 90% of traders that lose their entire account – think again – especially if you don't have a plan and the patience to let it run the course. Here's why: If you own Tradestation, you can test a system over a few months or a year or two in moments, right? (by the way, the HarmonicZones is available for Tradestation) Now what the average trader will do is take that 'backtest' information and throw 99% of the good information into the trash heap. Things like · Longest drawdone (peak to peak) · Largest losing trade · Largest winning trade · Largest losing trade as a % of gross profit · Largest winning trade as a % of gross profit · Max trade value · Profit factor · And more… Without this information your backtest is worse that useless – it is deadly! …Because you're probably looking at one number (or maybe two) win loss ratio or total net profit. That's because you've been 'brain washed' by systems designers to only look for those two numbers! So what if your system wins 80% of the time – if each win is less than the loss including carry charges, broker fees, slippage, chart/data feed costs (?), software fees (??) and bills (???) "What? Chart fees? Software? Bills? That's got nothing to do with trading," you shout. And that's the difference between the trader that will win long term – and you. The Pro will take all his costs of business into account, and if the system can't pull in profits above that figure – it's a dud. Think about it. If your trading system makes $50,000 a year, and your bills are $50,000 a year – you've got a pretty good job… but one mistake and you're in big, big trouble. Not to mention the trading systems that are 80% profitable, but get killed the second you try and account for slippage. …Or the system that makes all (or most) of it's money in two or three trades …Or the system that is optimized for the past but has virtually zero chance of guiding you in the months to come Your One Chance You might even be asking "Is this even possible, or is everybody full of crap?" I'm telling you it is possible. IF you do it right, take your time, buckle down and do the work. (my job as coach is to help you stay on track) Anyway. Back to my example. Remember? Patience If you devise a strategy based on a year of trade data, how can you judge it in under a year? Or if you've used 3 months, don't you have to give the system at least three months to prove it self? I will not test less than 1 year and frequently test much longer periods 5, 10 and 20 years. Then analyze the data to see where my drawdown happens, for how long and how much. Then I decide if the system is worth trading. In the end, past performance is NO GUARANTEE of future results. You just have to be patient and trade every signal. Performance Here's a challenge: Find one (living) top athlete, business man or woman, or politician that has never a coach. If you can do that – I'll pay you $100 and wish you the best on your own. But my guess that you – just like the Tiger's, MacEnroe's, Elway's, and Roosevelt's of the world – need a coach. Someone to help keep you on track, answer questions and be your cheerleader. I have many resources to help you trade at peak performance - printed newsletters, email alerts, home study courses and hands on coaching programs. Do you think that you can be the one trader in history that makes a fortune without getting help, without learning from someone else? If so, then I wish you well. If not, then I'd be honored for the chance. Click here for details on my Forex Guild Insider's Club Yours for Massive Profits. Maceo