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What does it take to become a forex winner ? Sent Sunday, May 24, 2009
How to Become a Forex Winner

Hi again. The last few weeks have been so hectic culminating yesterday when I was fortunate enough to meet one of the fittest & truly most inspirational men on the planet. More of that in todays blog post. How to Become a Forex Winner

Last week I sent you the link to claim a free book that was geared for people who want to trade off daily charts. The gift was an incentive to buy an ebook called the L.M.T (low maintenance trading). I bought it. I had a few people asking me why if I am trading successfully do I need to buy something else.

The answer is a combination of things,
 
1) I am naturally inquisitive (nosey beggar)!
2) If the system works better than mine I am quite happy to change it
3) If i can learn just one new thing from someone else & add to my own system then that can only be a good thing
4) No system works all the time. Market conditions and trends change. We need to be able to change with it, or walk away until the trends are more favourable.
5) It was only $97 and there's a 60 day guarantee, if it turns out to be a load of rubbish, I will send it back.

If you want to check it out, here's the link again. Low Maintenance Forex Daily Trading System

So does the lmt system work ? The principal behind it seems solid enough and it is based on conservative, "trade with the trend", so it looks promising. I will update the blog later in the week with a more detailed review. 

Finally, you may have noticed that the $1.000.000 challenge has not got off the ground yet !
I said in april if I am busy making pips and posting so that you can learn then the challenge is not so important. The last few weeks I have been side tracked due to problems with a house in england and then my wife and I took a few days break in Madrid.

This week- end I was a volunteer helping with the Lanzarote Iron Man. I got to meet and chaperone the winner, Belgian Bert Jammaer. This gruelling event: 3.6kilometre swim, 180 km, cycle race, followed by a 42km marathon took place in 75 degree sunshine and he won in a time of 8 hours 57 minutes and then collapsed. This guy is truly one of the most incredible men I have met in my life. See the blog for details.

This week I have one final trip to make. I have a meeting with some wealthy people who are interested in forming some kind of trading group. I mentioned before that as a result of the blog that I have had a variety of offers to make daily videos, make a dvd course, do daily reviews and forecasts as well as manage a trading fund. I will decide in the next few weeks which direction I want to go in, but I intend to continue with the blog.
 
It may be that I can incorporate some of these things in to the blog and give you even more information. As the spanish say "vamos a ver"- lets see what happens.

One of my followers wrote to me this week to say that he managed to lose $10.000 last month. I am not here to criticise him because I have done some very stupid things in my forex career. I have posted on the blog "how to become a forex winner." This is very important, hopefully we can all learn from each others mistakes.
 
The blog update is here;How to become a Forex Winner 
 
Good luck, Marc