Forex Fools and Liars by Jason Fielder 1
Forex Fools and Liars Why Everyone In This Business (Including Me) By Jason Fielder IMPORTANT: As an added bonus for downloading this report, you also received additional Forex trading reports and videos. To access your bonuses, go to: http://www.tradeforgefx.com/bonuses/ Copyright 2011 Sharptrade Partners LLC Forex Fools and Liars by Jason Fielder 2
My name is Jason Fielder, and in this groundbreaking, tell-all report I am going dry and backroom secrets Forex industry insiders have been hiding from YOU for years. WARNING: Some people may find the content of this report disturbing insulting. But as a long-time trader and system devel How you're being cheated and fed a constant stream of flawed mis- Why you're being charged in some cases 100X more than you should be The guarded back room secret that is being kept from you that ALL MASSIVELY successful traders already know theory of Binary And -Jason Forex Fools and Liars by Jason Fielder 3
Forex Fools and Liars Why everyone in this business (including me) is If you have been involved in the Forex market any period of time, you probably get the feeling that everyone's just out to get your money. right. guy to come clean and t Traders, by their very nature, are not very nice guys. We're not the most sharing people in the world and if we have hearts at all they're tiny and black and shriveled. (I'm joking here, but only a little.) The truth is, you need cash to trade. Professional traders are always protecting and growing their bankroll. You see, it's just basic math. Your profits are a multiple of the amount of bankroll that you have to start with. recommending that), but at the end of the day in this business you need money to make money. make. Assuming, of course, you have a good trading system that actually works! Forex Fools and Liars by Jason Fielder 4
The #1 Question I Get (That Other System Developers Just LIE About) Yes, I trade the markets. Forex is my favorite, but I can pretty much trade anything. At the end of the day, though, my passion is system development. formula that predicts market movements with insanely-high accuracy. you literally MANUFACTURE crystal balls. sell it? A lot of other system developers I know lie when asked this question or come up with interesting explanations that are really just half-truths. You ready for it? develop. I sell trading systems to MAKE MORE MONEY! it makes me more money, which I turn gives me MORE CASH TO TRADE. And remember what I Forex Fools and Liars by Jason Fielder 5
with them I sell those systems to others so I can, in turn, have more money to trade. I hope that I haven't just burst your bubble of feel-good peace and love and fuzzy little puppies, but if I have don't worry. I've done you a huge favor. If you're going to be a trader (and if you're reading this report I assume that you are) then you better start to think like one. You better start to build your bankroll, and protect it with everything got. The Richest Man in Babylon a great little story if you haven't read it - but it's about a man who made money and invested and eventually became like ichest Man in Babylon. One of the biggest lessons in the book was that most of us are eating our own babies. In other words, we make a dollar and we spend that dollar. If you're going to be a trader and you plan on spending the money that you make from your trading, especially in the early days, you are almost sure to fail. We all make mistakes as traders. And from time to time you're going to erode some of your bankroll. So what do smart traders do? They figure out supplemental ways to fatten their bankrolls so they have more money to trade with, and one of those ways is by selling systems and tools. it. You sell the trading systems you develop because it Forex Fools and Liars by Jason Fielder 6
Liars or Fools? Here's a revelation for you: If you bought trading systems in the past from me or from any other trading teacher I'm about to lay some serious truth on you. You did not get my very best, 'Grade A' systems, nor did you get theirs. And anyone who tells you differently is a either a Liar or a Fool. I used to go fishing with my uncle when I was a kid, and I always wanted to bring along friends to go fishing with us. But my uncle would never let me. He said on there are a couple things you don't ever do in life. Number one you NEVER screw around with another man's wife, and number two you NEVER tell anybody where your best fishing hole is. You can take your friends fishing if you like, but don't ever show them I've taken that lesson to heart and so have most of the other successful traders What I will do, however, is to sell my A- and B+ sy and for most people (especially beginner and intermediate traders) these systems are just fine. They are rock-solid systems that in most cases are only designed to make a few hundred dollars a day on autopilot with a low tolerance for risk great because that's what the beginner trader is typically looking for. (Most of my A+ systems require a higher risk-tolerance and bank balance.) Forex Fools and Liars by Jason Fielder 7
Everybody's happy. Newbie traders get systems that are profitable, easy to trade and literally get to benefit from my 18 years of trading research for a few bucks. And I get to fatten my bankroll so that I get more leverage. It's a win- There is absolutely nothing special about me. I'm no smarter than you. In fact, as a kid I could barely read (I found out as an adult that I have dyslexia), I certainly don't work all that hard, and I have the focus and concentration of a 13-year-old girl. So how come I make so much money trading when other (much smarter) people blow up their accounts and lose their tails in the markets? made using someone else's money is infinite. - Jason Fielder Dang, I have my own law, am I smart or what, but it's absolutely true, and it's awesome. Trading is all about cost b Forex Fools and Liars by Jason Fielder 8
If I risk $100,000 of my own hard-earned money and turn it into $110,000, my infinite (assuming, of course, my account size grows.) I'm not telling you all this is to be smug and sarcastic, I'm telling you this joy that comes from being a successful, professional trader. The key is system development. How Systems REALLY Get De Everybody assumes that system developers are brainiac eggheads that live inside a bat cave surrounded by 100 computer monitors, using our algorithms and different bar charts, crazy 500 character pocket calculators, slide rules and thick glasses trying to figure out where the markets are gonna go next. alive today. Why? Because we want everybody to assume this stuff is harder than it really is. The truth is, the typical day of the modern system developer is much different than you would assume. And bare in mind, system development is what I do and I am about to give you the low-down skinny on the whole thing. Today system development is all about what NOT to do. That's right. All I do is come up with systems that don't lose money. And it's pretty easy. And getting easier by the day. Forex Fools and Liars by Jason Fielder 9
Let me give you an example: Let's say that I want to develop a system right now to trade the [USD/JPY] US Dollar Japanese Yen pair. All I would do is bring in my system programmer and we'd start experimenting, or as I call it, -gunning. Now the advantage that I have is I have this system developer on my staff and I can throw 100 ideas at him and he'll go out and try 100 different things. The point is somewhere along the way he will find some of the systems that have a pulse we can start tweaking and eliminate all the bad trades and the mistakes that were made apparent in the back testing. That's it. We work on the system until all the results are favorable, taking away all the bad trades and putting rules in place to prevent those bad trades from happening in the future. And voila, we have a system! Now when I started doing this 18 years ago it was much, much harder. Technology has improved significantly since then. Actually when I began developing systems I would tell anybody who asked me not to even try. It was so freaking hard, and you absolutely had to have a staff programmer. Today that's not necessarily the case nd in the very, very near future you to will be able to develop systems just like mine right on your desktop computer in a matter a few minutes! I don't even care. I'll make so much more money developing my own systems it won't matter to me. This is the future and this is where it's all going. You need to be a part of it or Forex Fools and Liars by Jason Fielder 10
you be left behind in the dust. So what I'm telling you here is, you need to learn to develop your own systems. He 3 Reasons You Should Develop Your Own Trading Systems 1) You KNOW the system actually works See the difference between you and me is that I know my systems work. I developed them, I back-tested them and I forward-tested them both in demo and live accounts before I put any real money in them. developers word on whether or not it works. Unfortunately, there are very few tem buyers get left holding the bag. 2) You KNOW why they work and what to do if they stop The second difference between you and me is that I know why my systems work. And more importantly I know what to do if any of them stop working. u may not have heard before: All systems at some point will to time. Major political shifts, global economic turns, and socioeconomic trends are what end up screwing up most winning trading systems. And when market conditions change and the system needs some tweaking, you have to hope that the original developer updates it. t, however, leaving you no real choice but to scrap something you paid good money for. Forex Fools and Liars by Jason Fielder 11
But because I develop my own systems and I know how they work, I have the ability to know when to tweak my system to meet the current conditions, and just like that we're back in business. No harm, no foul. Are you starting to see the benefits of the system developer now? 3) You come over to the other side The biggest benefit of all to being a system developer comes down to dollars It's us versus when you could just as easily be I'm serious, there's nothing stopping you from becoming a system developer other than desire, and over the next week or so I'm going to show you how you can do this sooner than later. There's a form at the bottom of this PDF that you can fill out to get my next report in the series. It's called and it's why some absolute fools are making money with the Forex market when veteran traders can't. This new report will definitely open your eyes to whole new world inside the world of Forex trading. Go grab that report right now let's get you started on a path to become one of the top 2% traders in the world. Just enter your email address in the form on the next page so I know where to send the report, or you can also go to: http://www.binaryinversion.com Good trading, Jason Fielder Forex Fools and Liars by Jason Fielder 12
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