professional Forex trader

The Forex Market Is Not A Double Headed Coin.

Rob Taylor
Teach Forex Trading

I have not updated the site in a while as I have been so busy with trading and teaching. I’m writing a quick article about the importance of understanding there are 2 sides to the market.

A lot of Forex traders are breaking even at best, very few traders are actually making money consistently in the markets. Why is this? Well, it’s basically a lack of understanding about what is going on in the markets.

We all know trading is not easy but having a sound understanding of what is going on will stand you in good stead going forward. So what do I mean by a sound understanding? Well, most traders do not actually know there are 2 sides to a coin and 2 sides to the market and to be consistently profitable you have to be trading on the professional side.

So what is the professional side? Most people think that by following the big banks you are trading the professional side of the market, but that’s not actually the case. The professional side of the market is understanding the activity of the participants in the market, and working out the highest probability outcome of this activity.

Knowing who is active in the market and when will enable you to trade the professional side of the market. All of my students are taught my strategies in a live market. Only there can I explain to you in real-time what is actually going on in the market and how to profit from that activity.

Many of my students are astounded by the way I predict the moves in the market in real-time with incredible accuracy. This is not just luck, it’s almost 20 years of hard work learning about the market and working out what is going to happen next with the highest probability. This is what you need to learn and this is what I teach you.

Ask yourself these questions.

  • How long do I want to be a struggling trader?
  • How long do I want to be losing money in the markets?
  • How long do I want to stare at the chart hoping that the move goes my way?
  • When will I be able to sleep easy in my bed knowing that I’m not about to blow another trading account?
  • Do I want to learn how to predict market moves with incredible accuracy?
  • Do I want to learn from a professional trader and mentor that has the skill experience and understanding to make my dream of becoming a full-time trader a reality?

If you can relate to any of the above then please contact me now for an informal chat about how I can help you become a successful trader.

Call UK 07939 42 7000 email rob@priceactionforextrading.co.uk Or Skype rob.taylor.trader

Forex Training Price Increase.

Rob Taylor
Rob Taylor

Just a quick post to let you know that the prices for my Forex training will be increasing on the 1st of January 2021.

The price increase will be 20% across all training courses.

I am still one of the few Forex training providers that can really teach you how to trade the professional side of the Forex market.

And even with the price increase my Forex training courses still represent unbeatable value for money.

The only question you need to ask yourself is do you really want to be a professional Forex trader? Check out the reviews of my training courses here.

Below is a trading statement from the last 3 months. The trading statement is a mixture of manual and automated trading using my professional trading strategies.

Trading The Professional Side Of The Forex Market

Rob Taylor

Trading The Professional Side Of The Forex MarketOk, I am going to make this easy for you. If you are not trading the professional side of the Forex market then you are going to lose your money.

That’s the easy bit. Now, this is the hard bit. What is the professional side of the market, and how do I trade it?

Professional side versus retail side.

Ok, let me start with some simple facts. Whether you realize it or not there are two sides to the Forex market. The professional side, and the retail side.

If you are losing money consistently in the market then you are trading the retail side. You are basically a retail trader. If you are consistently making money in the market then you are either very lucky, or you are trading the professional side of the market, either knowingly or by accident.

Now it’s very unlikely that you will be trading the professional side of the market by accident, as you have probably learned how to trade by watching youtube videos, or by paying a so-called professional trader to teach you how to trade.

By doing this you will only have the knowledge that is available to retail traders, as there is nothing that I know of online, either free or paid, that teaches you anything about the professional side of the market.

No, I tell a lie, there is a gentleman by the name of Anton Kriel that teaches you the professional side of the market, but what he teaches is a little different from what I do. He is more of a long term fundamental based trader, I am a technical day trader, but he does, to his credit teach the professional side of the market.

Now, if you are reading this article with your mouth open, then up until now you have probably not even realized that there is a professional side of the market.

Trading the professional side of the market is your edge.

Now I’m going to reveal something that may turn everything that you think you know about Forex trading on its head. The Forex market is a game of two players. Retail traders versus professional traders. Professional traders make their money from retail traders. Retail lose, professionals win, its as simple as that.

Have you ever heard retail traders talk about their edge in the market?

You have to have an edge in the market to be successful right? Wrong.

You have to have a new trading strategy that gives you an edge over all of the other players in the market right? Wrong.

The only edge you will ever need if you want to be successful is to be able to trade the professional side of the market. Your edge is your ability to take money from retail traders, by trading the professional side of the market.

Retail trading websites common myths.

Have you ever heard retail trading websites say this?

You need to follow the big banks, they are the people that move the market, follow them and you will be successful right? Wrong.

You need to follow the big momentum moves in the market, that’s professional traders getting in right? Wrong.

You need to follow the fundamentals to be successful. Researching the news feeds and understanding the news will make you successful right? Wrong.

You need to buy at support and sell at resistance, that’s where the big players are getting in right? Wrong.

You need to identify the supply and demand levels in the market, that’s where the big players are buying and selling right? Wrong.

Its all rubbish and doing any of the above will cause you to lose your money in the market.

Let me say this again to avoid any confusion. You can only make money consistently if you are trading the professional side of the Forex market.

In my Forex training course I can show you what the professional side of the Forex market looks like, and more importantly how to trade it with success. For more information click here.

The Importance Of A Clearly Defined Strategy For Forex Trading.

Rob Taylor

Rob TaylorI was prompted to write this article after a conversation I had with a trader yesterday. He came to me as he was considering taking my training course, but he told me he was already receiving training and mentoring from another “professional trader” but he was struggling to make money in the markets and could not work out whether price was going up or down.

After talking to him for a while it was very clear to me that he did not have a clear strategy for entering and exiting the market. Which I found very odd since all professional traders have clearly defined, tried and tested, profitable trading strategies for entering and exiting the market. So the question needs to be asked, is this guy who is training and mentoring him really a professional trader, or a con man that calls himself a professional trader?

Now, most people don’t mind wasting a couple of 100 bucks on wannabe professional traders that sell training courses, but this guys course was almost $3000, which by most standards is a lot of money to waste on someone that claims to be a professional trader, but does not have a clearly defined profitable trading strategy.

So if you are considering another “professional trader” other than myself then please do yourself a favor and ask them these questions.

1. Do you have a clearly defined strategy for entering and exiting the market?
2. Is the strategy a professional trading strategy? (Most of them will struggle here because they don’t know the difference between a professional trading strategy and a retail one).
3. Is the strategy a profitable strategy in all market conditions?
4. Can the strategy be backtested over at least a 10 year period, and is the strategy a profitable strategy over that period?
5. Can the strategy be traded on any pair?
6. Does the strategy work on all timeframes from the one minute to the monthly?
7. Can the strategy be traded at any time of the day or night?

If you do not get a clear YES to all of those questions then move on.

Any Forex trading strategy should meet all of the above criteria. If you do not get a yes to all of those questions then please consider spending your hard earned money somewhere else, because the so-called professional trader is selling you the same retail trading rubbish that you can get on YouTube for free.

The Forex training business is full of con men, do not fall victim to these parasites.

Thanks for visiting have a great day. 🙂

The Importance Of Getting Forex Training From A Professional Trader.

Rob Taylor

Rob TaylorI tell you what really pisses me off. Forex training providers that are taking peoples money and not delivering what they promise.

Like many people I speak to, you may have paid for a Forex training course that has promised to teach you how to become successful but has failed to deliver on that promise.

I was prompted to write this article by someone that contacted me this week, who had paid many 1000’s of pounds for a Forex training course in London that promised to teach him how to trade. When he told me his story I felt sick and very angry to think that he had been conned by this so-called trading academy.

Why are these companies allowed to still be in business when they are teaching people the same old crap that you can get on YouTube for free. It really is past a joke now, something needs to be done to stop these companies taking money from people with false promises.

Some of the largest training companies are the biggest culprits here. There needs to be some regulation in place to stop these people from churning out this crap and taking peoples money.

Ok, rant over.

If you have been a victim of these con men I would like you to email me and tell me your story.
I will not publish or divulge any of the information you share with me, everything will be confidential.

The value of professional training.

You cannot put a price on the value of getting professional Forex training from a professional Forex trader. Everyone I teach is blown away by the quality of the education I give them. It gives me great satisfaction to know that.

One guy I was teaching this week who had been trading almost 10 years, said, after his first lesson with me he just sat there dumbfounded by what I had just taught him. Almost 10 years he had been following retail trading strategies without success, and now he’s on his way to trading with professional trading strategies that do actually work.

People say why do you teach? I say because of the reaction I get from my students when I tell them everything you have been doing for the last 10 years was wrong, and this is what you should have been doing.

Thanks for visiting my site. Have a great weekend.

Will 2018 Be Another Losing Year For You?

Rob Taylor

Rob TaylorEinstein once said that the definition of madness is doing the same things over and over again and expecting different results.

So will 2018 be your year for Forex trading success? Not if you are doing the same things that you were doing in 2017 it won’t.

Less than 5% of retail traders consistently make money in the market. Why?

Retail trading strategies don’t work, its as simple as that.

What do I mean by a retail trading strategy? A retail trading strategy is any strategy that uses beliefs about the market that are incorrect. Beliefs that are built up by years of watching YouTube video’s and visiting sites like Forex Factory and Baby Pips.

Retail traders do not understand how professional traders trade. Despite all the so-called Forex gurus that claim to be able to teach you how to trade price action, or teach you how to trade order flow, or teach you how the big banks trade, or teach you how the institutional traders trade, retail traders are still in the dark about what really goes on in the Forex market.

The big banks do not trade how you think they trade, the institutional traders do not trade how you think they trade, professional traders do not trade how you think they trade.

Why are you doing the same things over and over again?

Because you don’t know any different that’s why. You have been brainwashed by charlatan educators who claim that they know what they are talking about when they don’t. You have taken too many courses for a few 100 bucks, and you think you know how to read a chart, but you don’t.

If you don’t know that you are doing it wrong then you cant change it. But trust me if you are losing money in the markets then you are doing it wrong, and you need to change what you are doing.

Thank you for visiting my site, but don’t go just yet.

How ever you may have reached my site today I would like to thank you for visiting, but before you click away just stop for one second and listen to this. This is a pivotal moment in your Forex trading career. If you read some of the articles on my site and click away then you have just missed an incredible opportunity to find out what you have been searching for your whole trading career. How the Forex market really works.

I am a real life professional trader. I have been where you are now, I have done what you are doing now. And now I am prepared to share all of my years of knowledge and experience with you, to enable you to change the way you look at the market forever. I don’t just claim to know what I am talking about. I actually do know what I am talking about, and I prove it to my students day in and day out in my live trading room.

Free access to my earn while you learn and my live trading room.

So here is an offer you can’t refuse. Just to prove to all the doubters out there that I am the real deal I am going to put my money where my mouth is. For all traders who enroll for my 15 or 30-hour course this month, I am going to give you free access to my live trading room, and my earn while you learn offer, for life. That is a saving of £1000.

Why am I doing this? Because the feedback that I have been getting from students that are in the live trading room is amazing, and I feel that everyone that takes my 15 or 30-hour course should have the benefit of the trading room, as it really does transform the way you look at the market and turbocharges your learning.

So now you have no excuses. Make 2018 the year that you do something different. Make 2018 the year that you finally realize your dream of becoming a successful trader. Make 2018 the year that you get a proper trading education from a real trader that makes his money from trading, not from training.

For more information on my Forex trading course please click here.

Thanks for visiting, and remember this is a pivotal moment in your Forex trading career, are you going to click away, or are you going to contact me and see what I have to say?

Why Its Virtually Impossible To Make Money As A Retail Trader.

Rob Taylor

Make Money As A Retail TraderI say virtually impossible. It is possible to make money as a retail trader but the odds are firmly stacked against you. The statistics show that only 5% of retail traders make money consistently, but in reality the chances of success are probably less than 3%.

So taking into account that only 3% of traders that start out on this journey, achieve consistent profitability, why do so many people still want to get involved in Forex trading.

Well i suppose its for the same reason that people play the lottery. I don’t play the lottery by the way. I have no desire to throw away my money on a 50 million to 1 shot.

But taking into account the odds of lottery success, Forex trading success is a much better option.

Financial freedom, working hours that suit, spending more time with friends and family, working from home, being your own boss. These are all reasons why people get involved in Forex trading.

All of these reasons are valid, and attainable as a Forex trader, but they come at a price. Nothing in life is free, but you get out what you put in.

Determination, desire, discipline, dedication, are qualities that you need to be successful, but without education the other qualities will not be enough for Forex trading success.

Why is it so hard to succeed as a retail trader?

Here are some reasons why retail traders fail to make it in this business.

Not enough capital.

This is something that causes a lot of traders to fail. Most retail traders are sold a dream, a dream that they can turn a 100 bucks into a million bucks, when in fact that really is not how trading works at all.

not enough capitalIf you only have a 100 bucks to fund your account, just forget live trading, because you will only lose your 100 bucks. If you go down the same route as the majority of traders, then you will probably blow a min of 3 trading accounts before you get to any sort of consistent profitability. That’s if you are lucky.

Top tip: Divide your start up capital into 4 lots, and open your first account with a quarter of your start up capital. You then have enough money to fund 3 blown accounts, and still have something left to trade with.

Poor trading education.

If you have enough capital to fund 4 trading accounts then getting the correct education is a must to give you any real chance of success. Everyone thinks you can teach yourself how to trade by reading books, or watching trading videos on YouTube. Although you may be able to learn the basics this way, you can only be successful in the Forex business if you are educated by a professional trader.
trading education

This job is a lot harder than it looks, and paying a professional to teach you how to trade correctly is the only way in my opinion that you can move forward and get consistently profitable in your trading.

You want to make money in this business, and you want to be able to do it in as little time as possible. By trying to teach yourself to trade you are doing the complete opposite. You will lose money, and you will lose time. The only thing you will gain is stress.

Investing in a professional Forex training program will save you a lot of money, a lot of time, and a lot of stress.

Lack of discipline.

Discipline is something that a lot of traders struggle with. Fear and greed is one of the biggest reasons why traders fail. Having the knowledge needed to be successful will not be enough if you cannot control your discipline.
how to control fear and greedWarren Buffet is probably the best example of a trader that is 100% unaffected by fear and greed issues.
He is one of the richest guys in the world but he has not made his money by being greedy, or by being fearful. He has made his money be being clever, and very well informed.

Its a lot easier to control fear and greed issues if you have the correct education, but it can still cause traders problems.

I like to think of trading in the way you cross a busy road. If you have not been taught how to successfully cross the road, the chances of getting squashed by a bus are very high, but even when you know how to cross the road, there is still a temptation to go for a small gap in the traffic, and try to make it to the other side without waiting for the road to become clear so you can cross safely.

Trading is about waiting for the road to become clear, so you can trade safely.

False beliefs about the market and how it works.

Most of the education available to retail traders either online, in books, or in other training courses is poor to say the least. Some of it is bordering on madness to be honest, but traders still pay for, and dedicate time to learning this crap, and it will not help them one bit in their trading journey.
false beliefs about how the market works
Some well respected Forex training providers have no idea how the market really works, and importing this knowledge into traders heads is leading to false beliefs about the market and how to trade it. These false beliefs will make it impossible for a trader to make money consistently.

But because the trader does not know that what he or she believes is false, they blame their failures on a lack of discipline, when in fact the problem is a lack of knowledge.

So whats the answer?

Well the answer is to hire a professional trader like myself to teach you how to trade. And if you think its too expensive to hire a professional trader, just think about how much it will cost you if you hire an amateur.

Thanks for visiting my blog, have a great day. 🙂

What Do You Need To Be A Successful Forex Trader?

Rob Taylor

What Do You Need To Be A Successful Forex Trader Successful Forex traders are a rare breed. Only 5% of retail traders actually make money in the markets consistently.

But consistent profitability is the goal that all retail traders aspire to.

So what do you really need to be a successful Forex trader? This is what i think you need.

1. A Professional Trading Strategy.

Without a professional trading strategy you will really struggle to be consistently profitable. There are many retail trader strategies available to you, but they are all constructed with beliefs about the markets that are incorrect.

The foundations of all good strategies have to be built with a sound understanding of how the markets work. If you have that understanding built into your strategy, then you will have a much greater chance of success. If you build something without a solid foundation it will fail.

2. A Trading Edge.

You will hear this a lot on retail trading websites. An edge is an advantage that traders look for to give them a head start on the competition. Many retail traders believe that they have found, or need to find, something in the market that no one else has previously found, and that will be their trading edge.

Let me just say this for the record. Stop wasting your time trying to find an edge. Your edge is knowing how professional traders trade the markets, and trading the way they trade. If you continue to trade like a retail trader, then you will never find the edge you are looking for, and you will continue to lose money. Knowing how to trade correctly, combined with a professional trading strategy, is the only edge you will ever need.

3. A Professional Approach.

So you know how to trade correctly, you have your professional trading strategy, so you have your trading edge. What you now need to tie it all together is a professional approach.

This can be a problem for some traders. Everyone wants to get into the markets, make their money and get out again. If you have the understanding of the markets needed to be successful, and you have a professional strategy, then its perfectly reasonable to expect to do this on every trade, but its not going to happen on every trade.

Sometimes you have to wait for the correct entry, or the correct exit. You cannot just jump in and out of the market and expect to make money. This is not how professionals trade. A professional trader will wait until the odds of success are firmly weighted in his or her favor, before entering the market. The chances of a successful trade are then much greater.

4. Professional Risk Management.

A professional approach requires you to manage risk. Every time you enter the market you are taking a risk. If that risk is adequately managed, then over time with a good strategy you will make money consistently. Jumping into the markets with 10 lots and no stop loss when you have 5k in your trading account, is not adequately managing risk.

Retail traders are fixated on how much they can make in the markets. Professional traders are fixated on how much they can lose in the markets. If you lose less, you make make more. Just knowing the correct place to put your stop loss will save you money. Whats the point in getting stopped out for 20 pips on every losing trade, when you can get stopped out for 12, or 16. Losing less will make you more.

5. Capital Preservation.

Capital preservation is a major part of risk management. If you have more capital, you can make more money with less risk, if you have less capital you make less money with more risk. So you need to manage risk effectively in order to increase you capital balance over time.

Is it better to make 10% per year on a billion dollar fund with a low risk approach, or better to make 100% per year on a 100k fund with a high risk approach? Its not rocket science is it? This is why the top hedge funds are never short of people willing to invest, because they know how to generate good returns by managing risk, and preserving capital.

I hope this article has given you some insight into how i like to approach the markets.

If you wish to learn how to trade Forex using professional trader strategies, please consider my Forex training and mentoring course.

If you enjoyed this article please feel free to like it or share it. Thanks for visiting my blog. Have a great day. 🙂

My New Forex Training course.

Rob Taylor

New Forex Training courseAs some of you already know i recently launched a new Forex training course called learn to trade in 5 days, and i just thought i would post an update on how that’s going.

The course teaches my number one trading strategy and is an alternative and more affordable offering to the full 15 or 30-hour courses in which I teach all of my strategies.

I had a good feeling about it when I decided to do offer it, and the response to it has been very encouraging.

I would like to thank everyone that has signed up for the course so far. Some traders have taken the course already, and some are waiting to start.

The feedback I am getting from the people that have taken the course is very good indeed, as is the feedback from the 15 and the 30-hour courses. I have had a couple of traders say that I need to post some feedback on the site to let others know how good my stuff is.

Now I am not the type of person that goes in for pages of made up feedback testimonials to encourage people to part with their hard earned, but having a few genuine testimonials from real traders who genuinely want others to benefit from what I teach, is only going to be a good thing.

I have many visitors to the site, that look at my courses, but for whatever reason, probably the price 🙂 decide not to contact me. Now let me just say this to all of those people that visit the site and click away.

If its the price, then I understand. If it’s not affordable then what else can you do. But to those people that can afford to pay me to teach them, I would like to say this. Please please please please please do not get me confused with all the other charlatan educators out there. If you have been scammed, ripped off, cheated out of your money by these crooks, then I feel very sorry for you, but I am not one of them.

I had an email from a guy yesterday that had paid over £20,000 in the last 5 years to these crooks. He is now having to take out loans to pay for his healthcare because he’s lost all his money. It makes me sick, it really does. These people do not hide in the shadows, waiting to pounce. They are all there in plain sight, so-called professional traders with flashy websites telling you how good they are, and how many people they have successfully taught how to trade.

I am not going to name them as they will probably sue me. They have very lucrative training businesses to protect after all. Please don’t fall for their lies. These people do not care how much money they take off people, or how many lives they ruin, they are not professional traders, they are con men pure and simple. If you want to learn how to trade you have to pay a real professional trader to teach you, not a professional marketing guru.

What I am offering to teach you, you will not get anywhere else. What I can teach you about this business will change your life. If you want to be a successful profitable trader then email me, give me a call, or Skype me, and listen to what I have to say.

I will be getting together some testimonial’s/feedback for the new training course next week. So please check those out when they are on the site. Once again I would like to thank those who have put their trust in me. I have enjoyed teaching you, but not as much as you have enjoyed learning from me. 😉

Thanks for visiting my blog, and have a fantastic weekend.

10.01.2017. Reviews can now been seen here

Forex Trading The Easy Way.

Rob Taylor

Forex Trading The Hard Way.

Lets get one thing straight before i start. Forex trading is not easy. It looks easy, but if you have been trading for some time, you will know that it is probably one of the hardest things you have ever tried to do. But learning to trade Forex is as easy or as hard as you make it.

Easy Or HardI liken learning to trade the Forex market, to learning a foreign language, but instead of learning French or Spanish you are learning all the languages of the world at the same time. Now how hard would that be? About as hard as learning to trade Forex. 🙂

It does not have to be that way though. I did it the hard way with 1000’s of hours of chart study, but i am a bit like a dog with a bone. When i put my mind to something i have to accomplish it. I don’t care how long it takes, or how many knock backs i get, and let me tell you i have had many knock backs. I probably blew 3 live accounts before i cracked it.

There is no shame in that i can tell you. Blowing one account is bad enough, and most people give up there, but i was determined to succeed, and succeed i did. The hard way.

Forex Trading The Easy Way.

But there is an easy way. You pay someone like me to teach you how to trade, its as simple as that really. Paying me to teach you how to trade like a professional trader, may seem like the cheats way out, and yes it is, but think about it this way.

I have blown the trading accounts, so you don’t have to.
I have done the 1000’s of hours of chart study, so you don’t have to.
I have got up at 5am and gone to bed at 1am, so you don’t have to.
I have fallen out with with my wife many times, so you don’t have to.
I have learned to trade the hard way, so you really don’t have to.

Money Making MachineI am not saying you are not going to have to make sacrifices. Yes you will have to spend time studying charts, maybe after a hard days work, maybe at weekends. Yes you will have to have the desire to be successful. Yes you will have to learn how to trade. I am not handing you a fool proof plan, you will have to learn, but you will be learning the easy way, not the hard way as i did.

It may take you 3 months, it may take you 6 months, it may take you 12 months to become consistently profitable. How long it takes you is determined by how hard you work. But if you are prepared to work hard, and you really want to succeed at this business. I can give you something very special that will change your life.

I can give you the keys to the money making machine that is Forex. All you have to do is learn how to switch it on. 🙂

Thanks for visiting my site, and have a great day.