Todd Mitchell – Forex for Profits
Archive : Todd Mitchell – Forex for Profits
On November 4th, Todd Mitchell’s Forex for Profits product will launch, opening up a unique opportunity for traders looking to start making consistent profits by trading currencies. The last time this product was made available to the public was back in 2011, and it was met with a very positive reception.
So, what is Forex for Profits? It’s a system, delivered online, that completely examines Forex trading, all the way from the basics to a professional level. Most people that use this product will have some experience, but because of its total outlook, a beginner can also use this with ease. Furthermore, they can have the same great results thanks to its ease of use. There are 27 modules, each of which comes with a video and a PDF file. These are up to an hour and a half in length each, designed to help you become a better and more efficient trader, one that focuses on building profits in a consistent manner and eliminating wasteful and needless trades. The PDF files come with important checklists, cheat sheets for quick reference, and concise strategy guides to help you reinforce important concepts at a glance.
One of the cool things about this is that while it’s geared primarily toward Forex trading, it can benefit other traders, too. Someone that trades just stocks, for example, can use many of the same principles to better their trading in that area, too. It uses Forex as the framework, but the principles and strategies that are taught are universal for any type of short term trading and not just within the Forex marketplace.
When you purchase Forex for Profit, you get the modules, but you also get two pieces of software: TCI Trend Software and TCI Power Action Zones. These are not signals services, but they do help you to better identify the signals that will lead to a higher profit rate for you over time. They are applicable for the major trading software programs, including MetaTrader 4, MetaStock, NinjaTrader, and TradeStation. And, even if you don’t have any of these programs, you will have access to watching real time streaming of the major currency pairs being tracked upon the members’ section of the website once you purchase Forex for Profits.
Some of the individual modules are geared toward specific aspects of trading that are often problem areas for even experienced traders. Initial Trade Entry is a huge matter of discussion in trading circles, and a whole section is devoted to this. Trade entry might not seem important, but over the course of a year, being off by just a few pips per trade can equal thousands of dollars lost. Another section is devoted to Price Action Analysis, which will help you better determine what specific quotes mean for you as a trader, and how you can use them to increase your profits. These are subtle things that we often don’t think about, but they are important when it comes to boosting your profit rate. Even a tiny difference in your performance can mean a lot of extra money in your pocket, and Forex for Profits has taken this into consideration and will help you to boost your profits, regardless of your current skill level.
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