Most people lose money. Most people trade their accounts like a drunken monkey. You can lose your...

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Transcript of Most people lose money. Most people trade their accounts like a drunken monkey. You can lose your...

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Slide 2 Most people lose money. Most people trade their accounts like a drunken monkey. You can lose your entire investment, and you should not trade with money that you cannot afford to lose, which is like saying you should not drive a car you cannot afford to crash, or ever date a supermodel. Stuff you already know. Slide 3 FXCM is not liable for any of what you are about to hear. If you are unsure about trading, you should seek the advice of a financial professional, but please not anyone from the Bear, Stearns subprime mortgage division or anyone who invested in Abacus 2007-AC1. Stuff you already know. Slide 4 Trading with leverage carries a huge amount of risk. You already knew that. Most people lose money. Most people trade worse than drunken monkeys. You have a choice. You can be smarter, you can choose to be more rational than the crowd about your trading. Its up to you. Stuff you already know. Slide 5 Why are we here? Whats a Vortex? The Super Basic Fun Rules. The Ultra Fun Advanced Rules. Questions Call to Action: Trade Something! Slide 6 Take good notes today! Presentation will be emailed Slide 7 Stacks are good. Slide 8 Slide 9 GBP/JPY GBP/CHF GBP/USD USD/CAD EUR/CAD EUR/JPY Slide 10 What about the EUR/USD? Slide 11 Slide 12 People thought the Hindenburg was safe. Slide 13 1 hour chart. Slide 14 The Buffer. Slide 15 Profit Target The Buffer Zone Slide 16 Stacks are tasty. Slide 17 Profit Target The Buffer Zone Slide 18 Profit Target The Buffer Zone 5-10 trades, spaced an equal distance apart. Slide 19 Profit Target The Buffer Zone Sell stop Slide 20 Slide 21 A vortex is a swirling, sucking force that grips a financial instrument and pulls it in. Slide 22 A vortex is a panic-driven, crowd-driven response to some kind of unexpected event. Slide 23 A vortex is when youre not standing in the line outside the bank. You sold the bank short. Slide 24 A vortex is when you profit from a meltdown someplace else. You wait for the crash, and act. Slide 25 A Vortex trade is a way to profit from short term price exaggeration. It is not the only way to do it. Its not a holy-anything. Slide 26 Philosophy. Slide 27 The Building Blocks R3 Slide 28 The Building Blocks Pivot Slide 29 The Building Blocks S3 Slide 30 Todays Vortex #1 R3 Slide 31 Todays Vortex #1 R3 Slide 32 Todays Vortex #1 R3 Slide 33 Close is Close Enough R3 Slide 34 Slide 35 Close is Close Enough R3 Slide 36 Todays Vortex #2 R3 Slide 37 Todays Vortex #2 R3 Slide 38 Todays Vortex #3 R3 Slide 39 Todays Vortex #3 R3 Slide 40 Todays Vortex #3 R3 Slide 41 Todays Vortex #4 S3 Slide 42 Todays Vortex #5 S3 Slide 43 Todays Vortex #5 Slide 44 Slide 45 Yesterdays Vortex #1 Slide 46 Slide 47 Slide 48 Slide 49 Yesterdays Vortex #2 R3 Slide 50 Yesterdays Vortex #3 S3 Slide 51 Yesterdays Vortex #3 S3 Slide 52 The Weeklong Vortex S3 Slide 53 The Weeklong Vortex Slide 54 Slide 55 Failed Yesterdays Vortex R3 Slide 56 Wheres the Vortex? S3 Slide 57 Wheres the Vortex? Slide 58 Slide 59 April 26, 2010 Slide 60 Slide 61 April 29, 2010 GBP/CHF Slide 62 Slide 63 Slide 64 May 3, 2010 GBP/CHF Slide 65 May 4, 2010 GBP/JPY Slide 66 Week of April 26 EUR/CAD Slide 67 Week of April 26 GBP/USD Slide 68 Week of April 26 USD/CAD Slide 69 Managing the trade. Slide 70 More examples. Slide 71 Advanced rules. Slide 72 Fridays vs. Mondays Over managing the trade Double-stacking Re-stacking Advanced rules. Slide 73 Philosophy. Slide 74 DO SOMETHING. Slide 75 Test it Trade it live with 1 micro lot Teach it to a friend Write a book about it Blog about it Think deeply about it Get a puppy Waste more time not stuff Do something now. Slide 76 DO NOTHING. Slide 77 So you take the daily Pivot, and you wait until price gets really far away Slide 78 I doubt it will work. Slide 79