Forex Nitty Gritty Quick Start Guide READ THIS FIRST This is your 10-minute Quick Start guide to getting the most from the Forex Nitty Gritty
Disclaimer: Futures, forex, stock, and options trading is not appropriate for everyone. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the Forex Nitty Gritty methodology or system will generate profits or ensure freedom from losses. Forex Nitty Gritty Quick Start Guide Page 2 of 12
Forex Nitty Gritty Quick Start Guide Table of Contents WELCOME TO THE FOREX NITTY GRITTY!...4 INSIDE THE TRAINING...5 TECHNICAL INFORMATION... 7 WINDOWS COMPUTERS...7 MAC COMPUTERS...7 HOW TO NAVIGATE THE MODULES... 8 The Menu... 9 The Video Controls... 9 FAST TRACK TO THE FOREX NITTY GRITTY...11 Forex Nitty Gritty Quick Start Guide Page 3 of 12
Welcome to the Forex Nitty Gritty! I want to personally congratulate you on the decision you made to invest in the Forex Nitty Gritty. By investing in this program, you have shown that you re serious about learning how to trade the Forex markets. All of my trading courses and programs are designed so you can learn at your own pace, but I specifically designed the Forex Nitty Gritty as a series of modules to take you from relatively little or no knowledge of Forex to a position of power where you can make your own decisions around what to do on every trade. You may be tempted to skip ahead to future modules before fully grasping or studying prior modules. After teaching thousands of students all around the world since 2001, I ve found that the best way to learn to trade is to take your time, review, and only proceed to the next section when you have a firm grasp of the current section. The Forex Nitty Gritty is easy to understand, but you must put forth a serious effort and study the materials in detail until you understand it. When you are finished with the Forex Nitty Gritty, you ll be prepared to continue on with more advanced Forex training methods and courses. Good Trading, Forex Nitty Gritty Quick Start Guide Page 4 of 12
Inside the Training Here s a list of everything that s included with the Forex Nitty Gritty. 1. Quick Start Guide (this is what you are reading right now) 2. Module 1: Overview This module gives you a broad overview of what to expect in the Forex Nitty Gritty training. 3. Module 2: Forex Mechanics This module will make you an expert in the step-by-step mechanics of Forex trading, including the major Forex pairs, most active trading hours, price quotes, leverage & margin, how to calculate profit & loss, the different order types, buying & selling, Forex software, bar & candlestick charts, timeframes, how to place orders, how to choose a broker, and more. 4. Module 3: Trading Mechanics In this module you ll discover the critical components of technical trading, including investing versus trading, fundamental versus technical analysis, indicators & technical tools, such as simple moving averages, stochastics, ADX, ATR, MACD, & Fibonacci; common price patterns such as head & shoulders, flags & pennants, triangles, tops & bottoms, 1-2-3 formation, key reversal, candlesticks & more. 5. Module 4: Good Trading Method Key Components This module breaks down the actual key components that every good trading method must have, including always knowing what to do, finding lower risk, higher probability trades, setup conditions, entry rules, initial stops, exit strategies, risk management, discipline & psychology, timeframes, and more. 6. Module 5: A Simple Trading Method This module reveals a simple trading method that automatically includes all the components of a good method. It s a perfect first method for your trading toolbox ; and, despite its simplicity, may even be more effective than more complicated methods you re currently trading. 7. Module 6: When Not To Trade Just as important as knowing when to trade is knowing when not to trade. By knowing when the odds are definitely against your success in the Forex markets, you automatically increase your odds. This module reveals 4 specific no brainer times when you should not be trading. Forex Nitty Gritty Quick Start Guide Page 5 of 12
8. Module 7: Taking It Further This module wraps up your beginning journey into Forex trading as you learn the importance of multiple trading methods & why the most successful traders never stop learning, a review of the keys to a good trading method, and the logical next steps to consider in your quest for Forex independence. 9. Module 8: Take It To The Bank This module introduces a more advanced trading method called Take It To The Bank. I cover all the rules involved in trading the method you know exactly what to do, from entry to exit. 10. Module 9: Take It To The Bank Examples This shows you several trading examples using the Take It To The Bank method, including examples on the EUR/USD, GBP/USD, USD/CHF, and USD/JPY. Forex Nitty Gritty Quick Start Guide Page 6 of 12
Technical Information Using the Forex Nitty Gritty videos should be relatively straightforward. However, please refer to this section if you are experiencing any technical difficulties. The modules are screen-capture videos. These were recorded directly on my computer and essentially let you see exactly what was on my computer screen, as well as hear my voice as I coach you through learning how to trade with the Forex Nitty Gritty. The videos were recorded with a technology called Flash and will be displayed using your computer s web browser. You do not need to be connected to the Internet to watch these videos. Most computers today have a web browser and also can play Flash. Windows Computers If you have a Windows computer (Windows 98, Windows XP, Windows Vista, etc.), the videos should start playing when you double-click on the corresponding exe file you downloaded from the Forex Nitty Gritty website. If the video player opens, but you can t see the video, you may need to install the latest version of the Flash Player. It s a quick download, and it s free. Make sure you re connected to the Internet and go to www.profitsrun.com/flash - this will redirect you to the website where you can download the latest Flash player. Once you download the player, you may need to restart the tutorial. If you can t hear the audio on the videos, please make sure you computer s volume is turned up. Mac Computers If you have a Mac, you ll need to download a zip file for each module. After the zip file has been downloaded, you should uncompress it and click the clickme file in the folder it creates to play the video. Forex Nitty Gritty Quick Start Guide Page 7 of 12
How to Navigate the Modules When the Forex Nitty Gritty modules start, you ll see a screen that looks like this: Forex Nitty Gritty Quick Start Guide Page 8 of 12
This screen is divided up into 3 main parts: The Menu, The Video, and the Video Controls, as seen below. The Menu The menu allows you to select which chapter on the video you want to view. The first chapter will automatically begin to play when you start the module. Just click on any chapter title to jump directly to that portion of the video. The Video Controls The video controls allow you to start, pause, and resize the video, as well as skip forward and backward to a specific spot. Here are all the options on the video controls: Forex Nitty Gritty Quick Start Guide Page 9 of 12
Just click on any portion of the video controls to take control of the video. Many students like to drag the slider bar across the time bar to jump around to any portion of the chapter they are viewing. If you click on the resize icon, the slide view will toggle between hiding and showing the navigation menu. Forex Nitty Gritty Quick Start Guide Page 10 of 12
Fast Track to the Forex Nitty Gritty There s a lot of material in the Forex Nitty Gritty course. While it may seem daunting at first, don t worry. It s actually very easy to understand, especially if you do it the correct order. Regardless of your trading skill level or experience, I recommend that you view the Forex Nitty Gritty materials in the following order. 1. Watch all the core modules. It s important that you watch all the modules in order. I intentionally cover a lot of background in the earlier modules that is critical to your understanding of subsequent modules. If you consider yourself an intermediate trader, you may want to skip ahead and start with Module 5. And if you re a more experienced trader, you might want to start with Module 8. Some of the earlier modules may seem very basic to you if you re experienced; however, I show you how most traders use this basic information so that you know what to avoid, which can automatically give you an edge over them. 2. Read the discipline & psychology reports. As a new trader, you may be tempted to skip this material. However, if you feel that way then that s a sure indication that you need this material more than ever. Too many traders learn the hard way, after many losing trades, that mastering discipline & psychology is just as important (if not more important) than the actual trading techniques they use in the markets. 3. Watch the Ultimate Success Toolkit videos. These extra training videos showcase some bonus trading concepts you should incorporate into your trading routine. Make sure you review them until you can understand the concepts presented. After you re finished with the Forex Nitty Gritty training, you ll have a firm foundation of how to trade the Forex markets. It s important to understand that your training doesn t end here, though. The most successful traders never stop learning and are always on a quest for another method or technique to add to their trading toolbox. Once you understand the Forex Nitty Gritty training, you should be in a position to quickly evaluate more advanced Forex training materials to see if they re a good fit for your personality and for the next step in your Forex trading career. Forex Nitty Gritty Quick Start Guide Page 11 of 12
Copyright Profits Run, Inc. Rev 02-20091207. This Quick Start Guide is part of the Forex Nitty Gritty. For any questions regarding this product, please visit www.forexnittygritty.com. Forex Nitty Gritty Quick Start Guide Page 12 of 12