How big is the Forex market? 
The Foreign Exchange market is the world’s largest financial market. With a daily volume of over US$4 trillion it is more than three times the size of the various stocks and futures markets combined.
What are the market open hours? The FOREX market is a true 24-hour market, operating nearly 6 days a week. The market opens on Sunday at EST 5:00pm and closes Friday EST 5:00pm.
How much money can I make trading Forex? A lot, enough to live on your profits and even make a fortune. But you could also lose.
Is Forex trading a Get-Rich-Sheme? Forex trading is not a Get-Rich-Quick scheme. It is a skill. It takes time to learn and master. It calls for discipline, tenacity, diligence, and a willingness to learn. There are no shortcuts.
Like any other profession, success won’t happen overnight.
Neither is forex trading a hobby. Forex trading is a business. To succeed at this business you have to devote yourself to it as you would to any other business.
How much money do I need to start trading? Depending on the amount your broker charges for commission, you can begin to trade with as little as $500. But starting out with low trading capital may put you at disadvantage because you will only be able to trade in small lot sizes.
What are my chances of losing money? With the wrong strategy your chances of losing money are very high. And you may have a good strategy but still lose money if you do not apply sound money management principles. With our strategy, you make profits 80% of the time, and you never lose more than you're willing to risk to meet your profit target.
How can I minimise the risk of losing all my trading capital? Risk management is intrinsically linked to profitability. Whenever you enter a trade consistent with our strategy, you will never be exposed to more risk than you are willing to bear to meet your profit target. And you will never enter a trade without a protective stop loss. That’s because your entries and exits are always placed simultaneously, using automated orders. Follow our strategy, and exposed to catastrophic loss of your trading capital you will never be.
How can I ensure that I am profitable? First educate yourself. That’s what this website is designed to do. We’re a complete, one-stop forex education and strategy resource. Everything you need is right here.
Once you’ve been through our forex trading school, get hold of our Forex Strategy Workbook™. This is a one-of-a-kind e-book that teaches you a strategy that delivers profits 80% of the time. Read the chapters diligently, follow along closely as we take you through an entire month's trading, and practice what we preach. Don't underestimate the all important step of ‘practice’.
Practice. Practice. Practice.
Practice is the mother of all skills. By practice we mean that after thoroughly studying and learning our strategy, you demo trade it at least a month before risking real money trading live.
Do all those things, do them religiously, do them well, and you’ll likely make profits 80% of the time.
What strategy do you use? Our strategy is designed to simulate the behavior of the big market players – the hedge funds, big institutional investors, central banks, sovereign wealth funds – whose collective action drive the market. Trade against the big boys and you’ll lose. We trade with the big boys and aim to get a slice of every major market movement during peak trading hours.
We ride momentum, take a breather when momentum fades, and rejoin the ride when momentum picks up again. Although our strategy is technically-driven, we do factor in the fundamentals. Our strategy has been proven to deliver profits 80% of the time.
How profitable is your strategy? Our strategy delivers profits 80% of the time. We know of no other forex trading system that outperforms our strategy.
In what form does your strategy come? Our strategy comes to you as an e-book that we call The Forex Strategy Workbook ™. We wanted you to be able to download and begin reading it within minutes. The book wastes no time with unnecessary information. There is no padding and long-winded explanations of technical theories. We assume you’ve been to our Forex Trading School and that you understand the basics. But we explain the strategy in concise, plain, and easy to understand language. A computerized diagnostic of our text concluded that our e-book could be understood by Grade 5 students.
We do not provide mere examples of trades. That’s what most forex strategy books do. They cherry pick. We do not cherry pick, showing only those trades that are profitable. So confident are we of our strategy, we take you through an entire month’s trading, step by step, every trading day for a full month. You’ll see our trade set-up on charts, entry orders, profits or losses. You’ll even feel the emotions tugging at us – the thrill of profit, the agony of loss, our greed, our fear.
In no time you’ll be able to apply our strategy without reference to the e-book. The objective is to teach you how to trade profitably … that’s exactly what our strategy will do for you.
I live in Japan, will your strategy work there? It doesn’t matter where you live …country or continent. All you need is a good Internet connection.
Why do you share your strategy, why not just trade it and make money? The answers are found in the raison d'être of our founder. A former corporate accountant and CEO, our founder retired early from corporate life and within a year of his retirement had published an inspirational non-fiction novel. The sequel, a year later, was equally inspiring. Both novels received critical acclaim. Given his background as an individual who grew up in poverty and without his parents (first met his mother at age 22, and his father at age 37) he is driven by a desire to make a contribution to humanity beyond the mere enrichment of himself. This approach characterized his years as a corporate leader and continues to be pivotal to his existence.
Creating ForexCalling.com and producing the Forex Strategy Workbook™, are not only consistent with our founder’s raison d'être, but also fits nicely with his love of writing and communicating. Forex trading, on its own, does not fulfill those higher-level, self-actualizing desires.
What equipment do I need to start trading? You need a modern computer with high-speed internet connection. An outdated computer and unstable or slow internet connection could jeopardize your trade and make you miss profitable trading opportunities.
What is the cost of your strategy? The Forex Strategy Workbook™ costs just US$75. It will cost you no more to become a profitable forex trader. No other website or online currency trading courses provide better value.
To become a doctor, lawyer, accountant, or other professional, you must invest years, and a fortune. ForexCalling.com gives you the opportunity to invest a few weeks, and a few bucks, to learn foreign exchange currency trading, a vocation potentially more profitable than any of the traditional professions.
How soon can I get your strategy? The entire process from paying for and downloading the Forex Strategy Workbook™ takes less than five minutes.
What is demo trading? Brokers provide free demo accounts to let you practice trading under real market conditions. You trade ‘virtual’ money and there is no risk.
How long should I demo trade before going live? We strongly recommend that you Do NOT open a live trading account until you are trading profitably on a demo account.
Before risking a penny of your hard-earned money, use the demo account to practice our strategy and hone your skills. We suggest that you practice for at least a month before going live.
What if I don’t like your strategy and I want my money back? You like it... or you get your money back.
The Forex Strategy Workbook™ comes with our no-questions-asked, 60 days, 100 percent money-back guarantee. If for any reason you decide our strategy is not for you just let us know. We’ll refund your payment.
If you find that our system doesn't return profits that compare very favorably with the professional trading teams in large corporate trading houses, just tell us. And we'll issue a refund. Promptly and without question. In other words, there is absolutely no risk taken on your part.
Will I be required to buy any additional products in order to be able to implement your strategy? You need charting software with price alert functionality.
Your system should be capable of alerting you via SMS text message and e-mail once your profit target or stop loss has been hit. We recommend Intelichart software available from this website. But any system with price alert functionality should do. Most brokers’ trading platforms have fully integrated charting software. Check whether they incorporate price alerts.
Does your strategy work with any broker? You need a good broker who will execute your automated orders regardless of market conditions.
This is crucial. Our strategy uses automated orders. You want to know beforehand that your orders will be fulfilled once their parameters are met. We recommend ACM (Advanced Currency Markets) a Swiss firm we’ve tried and tested. ACM is the world's only forex broker to be ISO9000 certified. But our strategy works with any broker who offers IF DONE OCO (Order Cancels Other) orders, and guarantees fulfillment, despite market conditions.
What is leverage? Small traders can trade large amounts of money by using the leverage offered by their broker.
Leverage means using something small to control something large. In forex, leverage gives traders the ability to make large trades with a small amount of money.
Some brokers offer a 1% margin. This equates to a 1:100 leverage. This means you can control 100 times your deposit with the broker. For example, US$5,000 deposit entitles you to trade up to US$500,000. US$10,000 deposit entitles you to trade up to US$1,000,000. And so on …
A 2% margin equates to a 1:50 leverage, letting you control 50 times your deposit.
How is Forex different from trading stocks and other securities? There are many reasons why forex trading might seem sexier than stock trading.
24-Hour Market
The forex market is a 24-hour market. Most brokers are open from Sunday 2PM EST until Friday 4 PM EST. Customer service is available 24/7. With the ability to trade during the U.S., Asian, and European market hours, forex trading offers great flexibility, allowing you to tailor your trading schedule.
You can trade the stock market only during normal business hours.
8000 Stocks vs. 4 major currency pairs
Approximately 4,500 stocks are listed on the New York Stock exchange, and another 3,500 on the NASDAQ. The stock trader has to decide which exchange to follow, and which companies to research and monitor. This could be mind-boggling.
In spot currency trading, there are 4 major currency pairs – EUR/USD, GBP/USD, USD/JPY and USD/CHF. Most traders choose to concentrate on the major currency pairs (though some choose to branch out to the second-tier currencies). This is a far simpler scenario than stock trading.
Commission Free Trading
Most online forex brokers charge no commission or additional transaction fees. With the buy and sell prices, what you see is what you get. Forex trading costs are lower than those of any other market. Forex brokers are compensated through the bid/ask prices (spread), interest on deposited funds, and rollover fees.
Greater leverage
Forex trading offers greater leverage than traditional stock trading, allowing you to control larger positions with smaller amounts of capital. This lets you trade the same size positions you might take with a stock broker, leaving you more available capital to trade other markets.
Instantaneous Execution of Market Orders
With forex, under normal market conditions your trades are instantly executed and you also have price certainty on market orders. The price you click is the price you get. You’re able to execute directly off real-time streaming prices. There's no discrepancy between the displayed price shown on the platform and the execution price to enter your trade. Fills are instantaneous most of the time.
The stock market offers no such advantages.
Forex market is never down
Trading opportunities exist in the currency market regardless of whether a trader has bought or sold, or which way the market is moving. Since currency trading always involves buying one currency and selling another, there is no structural bias to the market. You always have equal access to trade in a rising or falling market.
This is unlike the stock market where falling prices (bear market) spells bad news for stock traders.
No restrictions on short selling
Unlike the stock market, in forex there are no restrictions on short selling. Short selling is the placing of sell orders when you think the market will trend down. This restriction doesn’t apply to forex because you simultaneously buy one currency while selling another.
Can I work from home? Absolutely ...
How and when can I start trading? Begin your forex education at our Forex Trading School. It’s free. Then get hold of our Forex Strategy Workbook™. Study it diligently. Open a demo account (available here), and demo trade until you can trade profitably. Then begin trading live … following our strategy with rigid discipline.
Do I need any specific academic background in order to be successful? Not at all. Successful traders come from all walks of life. Anyone who is keen to learn has the potential to become a successful trader.
Why didn’t I hear of Forex before? Until recently, the small trader had no access to the forex market. With large minimum transaction sizes and stringent financial requirements, banks, hedge funds, major currency dealers, and wealthy individual speculators were the principal participants. Until a few years ago only the “big boys” could play this game. The initial requirement was that you could trade only if you had over ten million dollars.
While FOREX has been traded since the beginning of financial markets, online currency trading has only been active since about 1996. This was made possible through technology expansion and the growth of the internet.
Is forex a scam? Forex is a legitimate business activity, one of the newest and fastest growing professions in the world.
Although forex trading is potentially very rewarding, there is no magic button that will instantly turn you into a multi-millionaire. If someone tells you forex is easy and that they have found the ‘Magic Solution’ to raking in millions a month with a simple click of a mouse, you should run far. It is most likely a scam.
The Commodities Futures Trading Commission (CFTC) has said that in recent years they have seen a sharp increase in forex scams. They warn consumers to be cautious of sales solicitations in newspapers, radio or television.
Forex trading presents a tremendous investment opportunity, but unfortunately, the fraudsters are giving the profession a bad name.
Bear in mind that not every firm that advertises a ‘break-through’ product is a scammer. There are legitimate forex companies out there. Be cautious, apply good judgment. And never buy any forex product with an iron-clad guarantee.
What is the difference between Technical trading and Fundamental trading. Technical Analysis is the forecasting of future price movements by studying historical price movements. Like weather forecasting, technical analysis does not result in absolute predictions about the future. Instead, technical analysis helps traders anticipate what is likely to happen to prices over time.
Charts, created from historical records of price movements, are the main tool used in technical analysis.
Fundamental analysis involves studying a country’s economy to predict the value of that country’s currency. Fundamentalists try to forecast future price movements by looking at economic, political, environmental and social forces that influence a country’s economy. Fundamental analysts consider that economic fundamentals are the primary drivers of currency prices.
There are strong advocates for both fundamental and technical trading. Professional forex traders use both types of analysis. To trade profitably, you can’t ignore the fundamentals. Neither should you ignore the technicals.
How is ForexCalling.com different from other forex websites? Fashioned for both the novice and the seasoned trader, ForexCalling.com is the only website of its kind. No other website is dedicated to teaching its own proprietary strategy, while providing a complete, one-stop forex education, and trading resource. We bring it all together. Everything you need is right here. We’ve eliminated the need to surf a trillion websites to get the knowledge and resourses to help you become a profitable trader.
After we’ve introduced our guiding principles, we take you to our online trading school designed to give a solid grounding in the profession. Then we teach you our compelling strategy, recommend a leading broker, offer a demo account, charting software, inspiration, and a forum to chat with fellow traders. No other website provides such a complete service.