Newbie Forex Traders Bible: Newbie Trader Series
By Joseph Lira
1/5
()
About this ebook
Read this Joseph Lira book on your PC, Mac, smart phone, tablet or digital device or in paperback.
There is a certain progression of things every new trader must learn before going into the live market and working with real money. Newbie Forex Traders Bible tells you what to learn first and foremost as a self-directed beginner so you can be successful and start making money right away. Newbie Forex Traders Bible is an introduction for brand new self-directed Forex investors and traders who have zero or very limited knowledge about what to do or what to study to get started in trading in the currency markets. Newbie Forex Traders Bible is specifically written for brand new self-directed traders to give them the very first basic knowledge they need to get started so they don’t have to do a lot of searching around and perhaps waste a lot of time and money.
Newbie Forex Traders Bible gives you clear concise information it would take you years to find out on your own before you could begin to have any chance at making a real income from the live markets. It is not about how much you know in this business but about the quality of what you know. Newbie Forex Traders Bible is going to detail a lot of what the brand new traders need to know right away to be able to make real money right away and is written to expedite your long learning curve.
It is huge step when you make the decision to become a trader. Most brand new traders are getting into this business because they think they can make quick money and become rich beyond their dreams and while that could happen and may be true, it is not as easy as one thinks and certainly will not happen as soon as one thinks. Brand new (newbie) traders all make the same mistakes over and over because they don‘t know any better, now you do. Newbie traders tend to do what everyone else is doing and study what everyone else is studying thus they have the same results and failures as everyone else. Don’t be that trader!
If you can just take the time to read this information in this first book in the newbie trader series, let it sink in and then continue on your educational journey you will have done yourself a huge favor and also begun to give yourself the needed edge to succeed in this business and be able to start trading on as little as $500 capital to start with.
When you are done reading Newbie Forex Traders Bible you will have an excellent basic explanation of what and what not to do before you even study anything or do any kind of education. The information in Newbie Forex Traders Bible will put you on the fast track to becoming a successful self-directed currency investor and trader.
Read more from Joseph Lira
Beginner Trading Psychology 101 Rating: 1 out of 5 stars1/5Beginner Trader Psychology Mastery Guidebook Rating: 0 out of 5 stars0 ratings
Related to Newbie Forex Traders Bible
Related ebooks
Forex Trading Guidebook for Beginners Rating: 0 out of 5 stars0 ratingsBeginners Swing Trading Guide for Short Term Income Rating: 0 out of 5 stars0 ratingsBeginner Day Trader Market Timing Bible Rating: 1 out of 5 stars1/5Low Risk High Reward Forex Trading for Beginners Rating: 1 out of 5 stars1/5Financial Market Speculating for Beginners Rating: 0 out of 5 stars0 ratingsIntermediate Techniques for Day Trading Beginners Rating: 4 out of 5 stars4/5Brand New Forex Day Traders Bible Book Rating: 2 out of 5 stars2/5How to Limit Risk and Maximize Profits in Forex Trading as a Beginner Rating: 0 out of 5 stars0 ratingsCritical Steps to Forex Trading Success for Beginners Rating: 0 out of 5 stars0 ratingsHow to Develop a Kill Everyone Trading Mentality Rating: 4 out of 5 stars4/5How to Trade Currency starting with $500 Capital Rating: 0 out of 5 stars0 ratingsEasy Money Forex Trading for Beginners: Beginner Investor and Trader series Rating: 3 out of 5 stars3/5Low Risk High Reward Forex Trading and Investing for Beginners Rating: 3 out of 5 stars3/5Forex Trading Guide for Self-Directed Beginners Rating: 0 out of 5 stars0 ratingsDay Trading is for Dopes Rating: 4 out of 5 stars4/5Hands Free Forex Trading for Beginners Rating: 0 out of 5 stars0 ratingsGuidebook for Day Trading Beginners Rating: 0 out of 5 stars0 ratingsHow to make a High Income Living Trading Forex Online Rating: 0 out of 5 stars0 ratingsForex Beginners Guide to High Profit Trading: Beginner Investor and Trader series Rating: 3 out of 5 stars3/5Trading with a Kill Everyone Mindset Rating: 4 out of 5 stars4/5How to have $uccess in Financial Market Investing & Trading Rating: 4 out of 5 stars4/5Forex Trading Beginners Guide to High Profits Rating: 0 out of 5 stars0 ratingsBeginner Forex Traders Guidebook Rating: 0 out of 5 stars0 ratingsRisk Management for Forex Trading Beginners Rating: 0 out of 5 stars0 ratingsTrading your way to Retirement Rating: 0 out of 5 stars0 ratingsForex Market Timing Bible for Beginners Rating: 0 out of 5 stars0 ratingsBest Tips for Stocks Futures and Forex Trading Rating: 0 out of 5 stars0 ratingsSuccess $ecrets of Profitable Investors & Traders Rating: 4 out of 5 stars4/5Trade $mart Retire Rich Rating: 0 out of 5 stars0 ratingsForex Trading with the Set it and Forget it Method Rating: 0 out of 5 stars0 ratings
E-Commerce For You
Building a StoryBrand: Clarify Your Message So Customers Will Listen Rating: 4 out of 5 stars4/5The Psychology of Selling: Increase Your Sales Faster and Easier Than You Ever Thought Possible Rating: 4 out of 5 stars4/5How to Write Copy That Sells: The Step-By-Step System For More Sales, to More Customers, More Often Rating: 4 out of 5 stars4/5The YouTube Formula: How Anyone Can Unlock the Algorithm to Drive Views, Build an Audience, and Grow Revenue Rating: 4 out of 5 stars4/5How I Made My First $1000 on Etsy (With No Social Media Following and No Money to Spend on Advertising Rating: 5 out of 5 stars5/5The Passive Income Cheat Sheet Rating: 4 out of 5 stars4/5Streams of Income: Living the Multiple Income Streams Dream Rating: 5 out of 5 stars5/5A Beginner's Guide To Day Trading Online 2nd Edition Rating: 4 out of 5 stars4/5The Bitcoin Standard: The Decentralized Alternative to Central Banking Rating: 4 out of 5 stars4/580/20 Sales and Marketing: The Definitive Guide to Working Less and Making More Rating: 4 out of 5 stars4/5Crushing It!: How Great Entrepreneurs Build Their Business and Influence—and How You Can, Too Rating: 4 out of 5 stars4/5ChatGPT's Guide to Wealth: How to Make Money with Conversational AI Technology Rating: 5 out of 5 stars5/5How to Day Trade: The Plain Truth Rating: 5 out of 5 stars5/5Traction: Quadruple Your Business Immediately With These Marketing Techniques Rating: 2 out of 5 stars2/5Built to Last: Successful Habits of Visionary Companies Rating: 4 out of 5 stars4/5The Ultimate Day Trader: How to Achieve Consistent Day Trading Profits in Stocks, Forex, and Commodities Rating: 4 out of 5 stars4/5Influencer: Building Your Personal Brand in the Age of Social Media Rating: 4 out of 5 stars4/5Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market Rating: 5 out of 5 stars5/5The Digital Marketing Handbook: A Step-By-Step Guide to Creating Websites That Sell Rating: 5 out of 5 stars5/5Get Clients Now! (TM): A 28-Day Marketing Program for Professionals, Consultants, and Coaches Rating: 4 out of 5 stars4/5The Digital Product Success Plan: Building Passive Income on Etsy (and Beyond!) Rating: 4 out of 5 stars4/5
Reviews for Newbie Forex Traders Bible
1 rating0 reviews
Book preview
Newbie Forex Traders Bible - Joseph Lira
Newbie Forex Traders Bible
Make High Profits right away as a Forex Beginner
By Joseph Lira
Copyright 2015
Who I wrote this book for and why I wrote it
Brand new (newbie) traders all make the same mistakes over and over because they don‘t know any better, now you do. Newbie traders tend to do what everyone else is doing and study what everyone else is studying thus they have the same results and failures as everyone else. Don’t be that trader! If you can just take the time to read this information in this first book in the newbie trader series, let it sink in and then continue on your educational journey you will have done yourself a huge favor and also begun to give yourself the needed edge to succeed in this business and be able to start trading on as little as $500 capital to start with.
I wrote Newbie Forex Traders Bible for all beginning aspiring investors and traders who are just getting their head around doing the day trading and swing trading business. Everyone has their own ideas of what they think day trading and swing trading are and what it can do for them. This book is for beginners and will detail many of the things that a brand new trader must learn not to do before they can become consistently profitable in the live markets. You’re heard the saying just say no to drugs
, just say no to day trading and you and your account will be waaaaay ahead of the game to start off. Don’t say I didn’t warn you, OK, continue with your insanity and read this entire book to give yourself a fighting chance.
Picture yourself throwing all your startup capital into the bon fire at the party you’ll throw for yourself for starting your new trading business up and watch it burn up in smoke and flames right before your very eyes. You smell that? That’s all your money burning up because you went to fast or did not learn what to do the right way from the first day of your business and did not develop the needed edge to compete at the highest level. Trust me when I say, the sharks in the market will chomp up your trading account without hesitation. We’ll get to the sharks a little later on in the book so you know who they are and what they can do to you as a brand new beginner trader.
While I love mentoring brand new traders, I have them working on daily charts learning supply and demand trading ON DAILY CHARTS! If you want to get into the financial market investing and trading business and you want to make money, LOTS OF IT, you would want to be doing what the smart money does right? Smart money doesn’t day trade, they don’t use five minute charts, and they don’t try to scalp, why, because they are in this business to make money, scads of it!
Newbie Forex Traders Bible is going to give you the brutal truth about day trading. What was it Jack Nicholson’s character Colonial Nathan Jessup said in the movie A Few Good Men? "You can’t handle the truth"! Do you want to invest and trade with real information or do you want to be lied too? The only thing in investing and trading that can’t lie to you is price action on your trading chart. Smart money cannot hide what they are doing in the market and it shows up on the price chart you look at every day you just need to be able to spot what they are doing where they are doing it.
This business isn’t really an H&P type of business, what is H&P you might be asking, hoping and praying. You don’t need a rosary you need an edge. I’m not going to sugar coat it, this business is an ugly place for an untrained and underfunded beginner. There are very bad people in the live market who are looking to take all of your money from you, and they will should you not be prepared properly to go to work in the live markets. Again, don’t say I haven’t tried to warn you.
You absolutely need to have a competitive edge in the markets, and you must have it before you do anything in the live markets with real money. I will have some other books out soon that detail how to develop your edge for making money in today’s live markets, I encourage you to read them all as soon as they come out if you are in this business to make money. If you run with the ‘sheeple of the herd’ you can be assured to not have any edge. They all study the same information and are all programmed the same way to lose money repeatedly.
My hope from Newbie Forex Traders Bible is that you understand how important it is to have a competitive edge when putting your hard earned money at risk in the markets. Each day, the wealth from trader accounts is transferred from those without an edge into the accounts of those who have developed that all needed important winning edge. Which one do you want to be?
There are only two groups of people who are doing business in the markets, the professionals and the retail investors and traders. The retail group includes both wanna be
traders and also brand new traders with zero experience at all who are just trying to be cool and say they work in the market.
Use Newbie Forex Traders Bible as an overview or a guide if you will, for what to study and learn first to become consistently profitable from day trading. I give you concise information as to what to learn first and what to look for as far as further information is concerned. I tell you only the most critical things to learn first because those are absolutely the most important and the ones that will make you money right away if you do them. Newbie Forex Traders Bible is written to provide straightforward, easy to understand and easy to apply advice, tips and techniques that can be the backbone of any successful traders success in the financial markets.
Instead of trying to read Newbie Forex Traders Bible fast I recommend that you go slow and look up and search for the main things the book talks about that will help you to become successful right away. Skip over anything that is important and it could for sure cause you to lose some money. No one wants that now, right?
I did not put all the history of financial markets and all the stats in this book. You can look all of that up online at your leisure if you want to know that information. While it is good to know, it will not make you real money in the live financial markets every day.
Newbie Forex Traders Bible will be an incredible read for someone who has zero knowledge or someone who has some basic experience who is struggling with their trading and investing. I purposely do not put any charts or graphs in this book and I will tell you why. This is a very good book for the novice as it is easy to absorb information. Since you’re new all you need to do at this point is try to absorb what is said here.
Newbie Forex Traders Bible is about giving you the best information you need to really give you a fighting chance at becoming successful in this business. I try to keep industry jargon to a minimum and give links to locations where more education and training information can be found online and for free. You will have plenty of time to be wowed by pretty colored charts and graphs trust me on that!
Simple, basic and easy to understand, if I can give you one word of advice at this point in this book I will tell you to keep it simple because trading really is simple if you keep it that way. You do not need any indicators or fancy systems, methods or software that the so called gurus are all touting. The market only works on supply and demand and supply and demand is the only thing that as I said earlier moves price on a chart from one value area to another. Doesn’t it make sense then to study what makes the market do what it does and use that as your trading method?
To me it is a no brainer however most brand new investors and traders are of the notion that they need some sort of fancy system or method. As I said, keep it simple and it will be. There is no easier and faster method to learn than supply and demand so I encourage you to get right to it and learn how and why the market does what it does and then go in there and get paid from it. This book cuts right to the core and lays out a progressive foundation of principles on which you can indeed begin swing trading for high profit as long as you have done the education and training the right way from the first day.
Here is the first tip I can give you. Don’t waste time on learning things that will not help you make money in the live market. You don’t need to know the history of the financial markets and what all the old time guys who made a lot of money did to make their loot. It’s not even the same market or economics as it was when they were in the live market so don’t waste any valuable education and learning time on learning that information.
I encourage you to begin to learn only what will make you money in today’s markets. If you would like to go back and study all that history once you have become consistently profitable on a daily basis so be it. If and when you do become successful in this business you will have a lot of time on your hands anyway because at that juncture trading is boring and it is a lot of waiting around.
In the meantime though, let’s get you learning how to drive your new money train down the tracks of gold to the front door of your bank so you can deposit all the profits you are going to learn how to take out of today’s markets. You don’t need to know what happened in the market 100 years ago you need to know what is