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About The Author
Hi! My name is David and I'm a native of beautiful Shanty Bay in Ontario, Canada which is about an hour north of Toronto, in the heart of cottage country. Originally educated and trained as a mechanical engineer, I have spent most of my adult life crunching numbers and designing things. After the dotcom market crash of 2000, I decided to take a much more active role in my investing. Up until that point, I relied heavily upon "experts" to manage my savings. After watching most of my nest egg evaporate into thin air, I knew I could most likely do better, or at least not do any worse! I came to the sad realization (you guessed it... after some number crunching) that if I continued at the current pace, I would have to work until the day I dropped dead because I'd likely never be able to afford to retire. Stocks and securities had always captured my interest, so they were a natural path in my quest for freedom. Trading is about probability, something I could relate to. It's really not a gamble, if you understand and properly apply the math behind it. There can be be dirty deals in stock trading. How many times have you seen stories in the news about insider trading where the rich get richer, while the little guys get clobbered? Too many. And good luck picking the good ones from the 40,000 or so on offer! Forex on the other hand, with it's 24 hour trading day and the daily turnover of close to 3.2 trillion dollars (more than 10 times the size of all the other financial markets of the world combined) has no insider issues, and I can trade when it suits me, because the market is always operating. My own trials and tribulations over the last seven years, learning to trade the Forex currency market have inspired me to create this website. I have been able to retire from my old office job and enjoy the freedom that brings. Complicated doesn't mean betterIn the early days of my Forex education, I fell for many of the "get rich quick" systems that are still being sold to unsuspecting traders around the world. I have literally spent thousands of hours (and dollars) to get where I am now, and I sincerely hope you don't have to go through that.I have learned there is no such thing as a perfect system, losing trades will happen and the best systems are the very simple ones that allow for losses. Complicated doesn't mean better. Determine the trend, watch support and resistance levels, think long term, keep the leverage down and manage your money. That's pretty much it. If there are issues you are struggling with, drop me a note from the
Contact Us
page and I'll do my best to help you out.
About This SiteI know you came here to learn how to trade Forex, but I decided to add this section because many people have asked why I give away so much information for free.Once I discovered how to effectively trade currencies, I decided I would build a website to help educate others. They take the fear out of building a website by providing an action guide, design templates (no web development experience necessary), search engine ranking help, and the software to get it done. The icing on the cake is SBI shows you how to even make a little cash with your site. Even though all the information on this site is completely free (and will always be!), SBI has shown me how to earn a profit with Google ads and other affiliate programs. Yes, I give away so much for free, but the rewards come back to me through these affiliations. So instead of it costing me to maintain this website, it actually returns a small profit. You probably found this site by using a search engine. Well that's where SBI was a huge help. They showed me how to build pages that rank high with the major search engines so I can get as much free traffic as possible. As for the money, Google has a program called AdSense, and it allows you to help their advertisers by placing relevant ads on your pages. These ads offer even greater opportunities for your visitors in their search for information. Creating a website does involve some effort, but it can also have great rewards! Just Give it a Try!If you've got some spare time, you should try it. I wouldn't recommend it if I didn't use it myself. Simply pick a topic that you have a personal interest in... such as one of your hobbies or passions.Do you have the solution to a problem that can help other people? Weight loss? Event planning? Gardening? Renovating? The topic can be anything. Just make sure you are interested enough in the topic to build a useful, informative site... otherwise you'll likely get bored and abandon it. The host I used, SBI, is completely risk free. SiteSell.com will give you a FULL refund if it's not for you, and there's no trial period or any sneaky catches. They can honor a great guarantee like that because they know they've got an outstanding product and the success stories like mine to back it up.
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