Friday, 26 December 2008

22nd October

Hi John
here is my conversation with John. I think its best to send it to you in its entirety and take it from there
[10:34:36] Désirée Bruce says: I bought his forex for beginners course on the 28th August[10:34:36] Désirée Bruce says: and I started on that immediately. I then opened a demo account and have been trading demo since then . when the scalping course came out i bought that. in fact I was his first customer and I am finishing the course today. tomorrow i start trading real money
[10:34:52] Désirée Bruce says: i spent hours and hours going over the lessons many times[10:35:00] Désirée Bruce says: learning from my mistakes and starting again
[10:35:13] Désirée Bruce says: the scalping course is very different to the forex course. not every one is a scalper
[10:35:17] Désirée Bruce says: it doesn’t suit everyone
[10:35:53] Désirée Bruce says: it suits me as i take what i have and run. i dont have the patience to let a trade run . with practice and time i will enter longer trades, i did a longer trade last night - an over night one and i made 34 pips
[10:36:13] Désirée Bruce says: but that’s a one off for now.
[10:36:54] Désirée Bruce says: i have consistently on the demo that is made between 15 and 30 pips a day
[10:37:04] John J says: well, I’m the same sort of person. not the patience to hang on to a trade for days or weeks
[10:37:12] Désirée Bruce says: do you have the beginners course?
[10:37:19] John J says: yeah, just received it
[10:37:30] Désirée Bruce says: the mind set from the beginners course and the scalping are different
[10:38:07] Désirée Bruce says: may i suggest you digest the beginning forex course and do demo trading for about 1 month. then do the scalping. by then you will have learned good habits. Don’t try any short cuts. they come back to bite you
[10:38:33] Désirée Bruce says: follow John religiously. He’s been at it for 30years.
[10:39:06] John J says: but so far you have done well with the systems ? do you get many scalping trades during the day ?
[10:39:14] Désirée Bruce says: yes I only scalp now
[10:39:55] Désirée Bruce says: the best times to scalp are when the euro takes a pounding when America goes to work. between 1 and 3 you have three markets open and the markets are more volatile. but the markets are random and they don’t always do what history suggests.
[10:40:04] Désirée Bruce says: I am more than willing to walk you through it
[10:40:14] Désirée Bruce says: stay in touch with skype or email and I'll help
[10:40:31] Désirée Bruce says: I take 4 to 8 pips and get out
[10:40:49] Désirée Bruce says: I have the saying a bird in the hand firmly implanted in my brain. that will ease with time as i gain confidence
[10:41:07] Désirée Bruce says: also treat the demo as if its real money. ask yourself would I do this with my own money? if the answer is no then don’t do it
[10:41:27] Désirée Bruce says: and trade realistic amounts, if you are opening a 1000 account for real don’t trade £10 a pip on that as you wont start on that
[10:42:37] John J says: how much are you starting with in real money, if you don't mind me asking ? how much are you pessimistically (bad English) looking to take per week/month/year ?[10:43:06] Désirée Bruce says: I opened an account with £3000. I will start on trading as if i only have £1000 in it. when i get better I will increase my bank
[10:43:19] Désirée Bruce says: I stick with 10 pips a day
[10:43:26] Désirée Bruce says: if I make more whooppee doo.
[10:43:30] Désirée Bruce says: you get good days and bad days
[10:43:58] Désirée Bruce says: but when you have made your profits for the day then get the hell out because after that, your heart takes over and you don’t think the way you should and you make bad moves
[10:44:06] Désirée Bruce says: my target is 10 pips a day
[10:44:37] Désirée Bruce says: there will be days when you don’t make that many and there will be days when you make loads more. treat those days as making up for days you cant trade[10:44:41] Désirée Bruce says: i want to make £300 a week
[10:44:59] John J says: ok. and is £300 a realistic goal do you think ?
[10:45:15] Désirée Bruce says: to start with yes. once i am good at it i will increase my stake to £25 per pip
[10:45:29] Désirée Bruce says: I've been doing that quite well this week
[10:46:10] Désirée Bruce says: start SMALL and as you gain confidence you increase your stake. you wont be a millionaire in a year. you cant give up your day job next month. i am having the two run concurrently and once i am consistently making 300 a week I will resign
[10:48:05] John J says: thanks I'll probably send an email, a bit later
[10:55:15] John J says: but have you had any wild swings each week, ie.-500 pips one week, then the next week + 1000 etc, or has it been consistent gains ?
[10:58:07] Désirée Bruce says: i have had massive losses but mostly gains. give me your email and I'll send you my trading analyser to see how I've done
[11:01:34] John J says: ok thanks for the help. I'll look at it
[11:02:56] John J says: you really put a lot of effort into this. I can tell. really impressive[11:03:36] Désirée Bruce says: you see I am determined to make this my career. I take it very seriously. I want to give up the way I am working 12 hours a day. I have made more money on the demo within 2 hours than I make in a day
[11:03:45] Désirée Bruce says: you cannot go into this venture with a
[11:03:54] Désirée Bruce says: i'll give it a go attitude. you are doomed to fail
[11:03:59] Désirée Bruce says: if you are not serious about it don’t do it
[11:04:26] John J says: yeah I can see that LOL. yeah I think I really need to take out all the stops, if I want to make a success of it
[11:04:50] Désirée Bruce says: my sister is keen but she said to me 'oh you do the research and then telll me what you learned.' she will NEVER make a trader
[11:05:01] Désirée Bruce says: yesterday she told me to trade for her. I told her to go pound sand
[11:05:25] Désirée Bruce says: its worth the effort and if you are hungry you will make a success of it
[11:05:44] Désirée Bruce says: if you are feeling mediocre about it don’t even start John.[11:12:08] John J says: yeah, that’s a decision I need to make. I currently just getting info about the whole forex trading market. hence me getting the starting pack from John
[11:13:34] Désirée Bruce says: I would suggest you go over the course. once that is done you will know if this is for you or not . John does not mince his words and he will tell you that you will make losses. 90% don’t make it. he teaches you to be one of the 10%
[11:13:57] Désirée Bruce says: its 6 hours., easy to follow lessons and see how you go, ask me any questions as you go along
[11:14:27] Désirée Bruce says: and don’t be conned to spend a whack on trading packages. they dont give you any more. I have done extensive research into them too. all they do is make you poorer
[11:16:18] John J says: yeah, that’s why I have my reservations about all system, but seems like John knows what he is talking about
[11:16:30] Désirée Bruce says: john doesn’t sell a system
[11:16:44] Désirée Bruce says: what he sells is the knowledge to use what is free out there and to make money and not line someone else’s pockets
[11:17:37] Désirée Bruce says: when I bought the course I didn’t have a clue . I thought I had to purchase currency and I'd be sitting with wads of pounds and dollars and yen.
[11:17:45] Désirée Bruce says: i was completely clueless .
[11:17:57] John J says: lol. I’m not much better
[11:18:03] Désirée Bruce says: i only knew i wanted to trade but didn’t know how to go about it[11:18:36] Désirée Bruce says: you basically follow a trend and you buy and sell when it rises and when it tanks and you make your money that way
[11:18:43] Désirée Bruce says: you never own currency
[11:18:58] Désirée Bruce says: you only make money on your prediction in what direction it will go to
[11:19:27] Désirée Bruce says: if you are right you are in the pound seats , if you are wrong you loose money but john teaches you how to minimise your losses and not loose your shirt.

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