Room Schedule and General InfoAll lessons, discussions, and trades are performed in real-time while the market is moving, right before your eyes. Sessions occur daily, Monday through Friday, during major market hours. Asian, London, and New York trading sessions are covered.
About Muhammad Azeem "I am a pure technician and I solely employs technical market analysis in trading. I believe that the news is just the catalyst for technical events. In my opinion, prices are so far ahead of any news story as every conceivable fundamental possibility has already been discounted."
About Mark De La Paz "I think of FX Instructor as a melting pot of ideas where even instructors could learn from the different experiences of new members and each other. The mix of disciplines should contribute in people getting a better understanding of how the market works - and ultimately improve on their trading performance."
About William Gilday "I have been a student in FXI for the past three years full time everyday and have taken several courses from the coaches and improved my knowledge. I now have the great opportunity to coach in the FXI Live Trading Room and it is such an honor to be part of the Team."
Weekly Live Trading Room Elliott Wave Video Recap and ForecastForecast: January 25, 2011Recap: January 23, 2011
Frequently Asked QuestionsGeneral Questions:What is the objective of our Forex Trading Rooms?The Forex Trading Room hosted with FxInstructor.com are online virtual trading and learning environment, similar to our online classrooms. However, instead of just teaching a particular strategy, we show you how the strategy is put into use by the professional trader, through our own trading. In other words, subscribers to any of our Forex Trading Rooms can sign into the room, and watch our instructors trade their accounts using the same strategies they teach. You can hear our voice, see our charts, and chat with us and your fellow traders. It is the best way to tap into the market knowledge of professional traders, and a crucial part of understanding the techniques. By watching us implement various forex trading strategies properly, you can become aware of the correct psychology, technique, and pitfalls involved in using the strategies, first-hand. Our goal is to create an environment where both experienced and beginner traders would feel comfortable learning and sharing their experiences, while continuing their trading education and improving their trading results. What can the FX Instructor Forex Trading Rooms do for me?No matter your level of experience, this Forex Trading Room or one of the many others hosted by FxInstructor.com provides you with the tools and the support needed to gain market knowledge and to make the most of your trading experience. By tapping into the professional forex knowledge of our instructors and watching them trade every day, while asking questions and participating, you can avoid having to learn from your own mistakes - an experience much more costly than the competitive pricing we offer. Our archive of videos and reading materials helps you catch up to other traders in the room, or further enhance your trading arsenal. Will being a member of a Forex Trading Room make me a professional trader?Becoming a great trader is something that does not happen overnight - for many, it is a process that takes many years, countless trades, and expensive mistakes that teach you valuable lessons. In our experience, we have found that there are three main components that a trader must cultivate: strategy, perspective, and discipline. While we can help you with the first two - the last, discipline, is something that only YOU can improve through hard work, practice, and patience. Trading-Specific Questions:Are actual trades called in the Live Trading Room?Yes - when the trading instructor sees a trade that can be taken, they will open a position. The trade will be visible to all active room participants. Do I need a live trading account to join the Live Trading Room?Absolutely not. In fact, if you are just starting out on the forex market, we strongly recommend using a practice account, so that you can study the markets before actually trading with your hard earned cash. Does trading the financial markets involve risk?Trading involves substantial risk. There are no guarantees in the market for profitability, and you could lose your entire trading account if the market moves against you. All Forex Trading Rooms hosted with FxInstructor.com encourage risk management techniques and strong discipline, but one can still lose significant amounts of money even with the best techniques. Technical Questions:Do I hear and see what the instructors are doing?Yes and yes! We use cutting edge web conferencing technologies to provide real-time voice and screen sharing to our members, letting you hear what our instructors are saying, while looking at their trading terminal. In effect, you are "looking over their shoulder" as they trade the forex markets. How do I communicate with the instructors?Members use real-time text chat to send messages to the instructor and to other members during the moderated sessions. Do I need to download or install anything?Just a FREE conferencing application (Hotcomm) Our web conferencing technology is Hotcomm, which is used by many Forex websites and trading rooms. If you've been around such sites, chances are you already have it installed. If you don't have it installed, you will be prompted to download and install it when you try to connect for the first time. Do you have any questions?If you have any questions about the Live Trading Room, don't hesitate to get in touch with us. Click the button below to view our contact information. |
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