Module fourteen is a recording of The Strat Time Report from February 26th, In this section, Rob looks at a number of charts and provides helpful commentary on how things are setting up across multiple time frames. This video is extremely helpful in reinforcing the concepts that have been presented in the course thus far.

In module fifteen, one of the main areas of focus is on rev strat setups which is my personal favorite. A rev strat is a type of reversal setup that involves the reversal of an inside bar equilibrium, and this can often result in a violent reversal move. Rob Smith is unique in the world of trading educators in both his trading system and generosity.

Always willing to answer questions and help newcomers, Rob is a true asset to the trading community and The Strat is an approach that anyone can learn. Once you learn the setups taught in this course, you will be able to effectively apply them to any trading vehicle or time frame. If so, please let other traders know what you think about it.

As mentioned, you can use The Strat to trade anything imaginable and there are many traders who are successfully using this strategy to trade options. No specialized trading software is required to trade The Strat. Having said that, certain charting platforms are better than others we highly recommend TrendSpider , which has scans and set ups for The Strat built right in to the software.

We'd also recommend Benzinga Pro which is a great browser-based platform for news and stock screening. It even features a chat channel specifically set up for discussion and education on The Strat. Rob did a nice job of organizing this course and condensing the most important details into a manageable number of modules. If you want to learn The Strat in the most efficient way possible, studying this course is the best option in our opinion. Your email address will not be published.

BUY THE COURSE. CLICK HERE. WRITE A REVIEW. Course Details. Review Contents. Add a header to begin generating the table of contents. Community Rating. Rated 5 out of 5. With a father who ran Merrill Lynch's institutional desk on the CBOE, trading has always been in Rob Smith's blood. In high school, Rob began working during the summers at the CBOE and developed a serious interest in technical analysis. After years of trial and error and countless hours of intense study, Rob discovered the simple truths of price action which formed the backbone of The Strat as we know it today.

What You'll Learn in The Strat Course. STRATBTC Put the plan. HamadaMark Premium Updated. rovsenk Pro. Strat is it reversal? Time to watch it. ehabaziz Updated. This can lead to devastating results, as it often occurs at the worst possible time, ie. when market prices are down , exacerbating your losses. This is a dreaded word in trading— drawdowns —which is the term used to describe cumulative losses.

More specifically, drawdowns describe any amount of cumulative loss to your capital that occurs, whether the individual trading losses occur sequentially or not. You then hit a bad patch, and over a two-week period you have both winning days and losing days, but mostly losing days.

Your capital goes up on winning days and down on losing days, but it ends up being overall down over the two-week period. As you become more experienced in your trading, your drawdowns will be one of the strongest indicators of your trading success.

And if you ever plan to trade forex on behalf of others , one of the first things that potential investors will want to look at is your drawdown history— if your drawdowns are managed carefully i.

The high liquidity in forex markets— at least in the major currency pairs —translates to lower spread costs. Hence, a trading program in forex generally costs less, all else equal, compared with other markets. But for carefully risk-managed trading, more leverage means that less capital is required for your desired level of market exposure.

And, of course, the leverage that you choose to use will also depend on your personal level of risk tolerance. Overall, the forex market offers many benefits for traders compared with other markets, and this is one of the reasons why forex trading has gained popularity with retail investors over recent years. But the forex markets can be quite restrictive for some traders—there are only a handful of major currency pairs, for instance, compared with the hundreds or thousands of liquid stocks available for trading.

Volatility in forex markets also tends to be lower than other market s , such as stocks or crypto, which can reduce the number of trading opportunities in forex. But ultimately the choice of which markets you wish to trade in—forex or otherwise—will depend on your individual risk preferences and your favored trading style. Are there forex traders who make huge returns, increasing their capital many times over in a short period of time? Yes, some do. The reality is that most successful traders make small, consistent gains rather than outsized returns.

It may not sound very exciting, but it counts. And small consistent gains can be very meaningful when reinvested over time, thanks to the power of compounding. Forex scams are usually presented as trading systems or education courses that typically promise fabulous— unrealistic —results. You may be tempted by slick advertising or false claims, perhaps with free giveaways or free seminars to get you started.

Keep in mind that there are some genuine courses and systems on offer, but these are typically more straightforward and low-key in their presentation. Andrew Lockwood, for instance—a veteran forex trader and head of Forex Signals , a forex education and mentorship community—suggests the following key areas to be aware of when considering a forex trading system:.

Choosing a good broker will also give you access to a good range of currency pairs in forex or other instruments and markets if you plan to trade beyond forex. Well, understanding how brokers work— the differences between them, the technology options available, and the ways in which the retail and professional brokerage markets differ —is a complex area. But here are the essential things to look out for:. Based on these criteria, the following brokers are recommended by Forex Signals for their reliability, pricing, and execution non-US residents :.

For US residents , brokers that are regulated by the CFTC, NFA, or both, are a good choice—three of the most popular are: IG , OANDA , and Forex. Forex trading is a legitimate way to make money. However, forex scams abound, so you need to be aware of what to look for to avoid these. And yes, forex trading can be profitable— there are many successful forex traders who make consistent profits every year.

Recommended brokers include Axi , Avatrade , and IC Markets. But perhaps the biggest challenge for newcomers is to have expectations that are realistic— the industry is awash with false promises and potential scams. He has over 25 years of professional experience in the financial industry. The views expressed in this article are solely for informational purposes and do not represent financial advice in any way whatsoever.

Risk Disclaimer : Trading CFDs, forex, and other financial instruments, especially if leveraged, is risky. Depending on the type of instrument, you may not own or have rights to the underlying assets.

Past performance is no indication of future performance and tax laws are subject to individual circumstances and are also subject to change at any time.

Richard Montana November 17, com is an established and regulated Australian based forex and CFD brokerage that provides traders with faster and easier access to the financial markets via powerful yet user-friendly trading platforms including MetaTrader and IRESS.

The brokerage offers online trading on hundreds of trading instruments across multiple asset classes including forex, commodities, indices and cryptocurrencies.

I like that they provide access to Autochartist as I find it an excellent tool for market analysis. You can copy signals from other traders and there are managed accounts for investors and money managers. For beginners , there is plenty of educational content including guides and videos. You can also create a free demo account if you want to practice trading without any risk.

I think that the broker has more than enough to meet the demands of both retail and institutional traders alike. com was established in as Rubix FX but rebranded to FXTRADING.

com in January It is owned by an Australian company, Gleneagles Securities Pty Limited. The company is a multi-asset class online brokerage, established by a group of professionals with extensive financial market experience.

These professionals bring valuable experience in risk management, compliance, technology and service. The core values of the broker are integrity, transparency, diligence and innovation.

I feel like they go above and beyond to achieve this in an abundance. You get access to world class trading platforms with MetaTrader 4 MT4 , MetaTrader 5 MT5 , IRESS ViewPoint and IRESS Mobile, with advanced VPS solutions for EAs, scalpers and auto-trading. In line with its objectives of providing traders around the globe with quick and easy access to the markets, the broker gives you competitive trading conditions including tight spreads from just 0.

I have always found ECN brokers to have the best trading conditions due to the vast amount of liuqidity they have access to. I would compare them to IC Markets in this aspect. Market Liquidity is a major factor to trading costs, which can make a significant impact on trading performance. As a prime broker, FXTRADING. com are capable of keeping your trading costs low with tight spreads and deep liquidities. They also operate with no dealing desk intervention which means that your orders can be routed directly through to the market without any intervention from the broker.

This is much better than a market maker who set their own prices and can even take a position against you. This I feel may lead to a conflict of interest. Our 1 Broker AvaTrade is an award-winning and multi-regulated broker offering a great selection of trading instruments including Forex, Cryptos, Stocks and Commodities. You can trade on all of your devices via user-friendly platforms with excellent trading conditions and no commission fees.

I can trade with confidence knowing that the broker is regulated in multiple jurisdictions. Gleneagle Securities Aust Pty Limited, ABN 58 , trading as FXTRADING. com is authorized and regulated by Australian Securities and Investments Commissions ASIC to operate a financial services business in Australia under its Australian Financial Service License AFSL No.

ASIC regulations mandate that brokers under them must have a minimum operational capital of Australian dollars 1,,, submit to external auditing and provide their clients with negative balance protection. Gleneagle Securities Pty Ltd, trading as FXTRADING. com is authorized and regulated by Vanuatu Financial Services Commission VFSC with Company No. Whilst Vanuatu may not be considered by some as reliable as ASIC, it does mean that traders under this entity can get access to certain product and features.

These deposits are kept in a separate trust account with a top tier 1 bank in Australia so that broker should not use these funds for its own internal operations. It is quite common nowadays to see a broker hold funds in segregated account as it is a regulatory requirement by some regulators. Clients from United States, Ontario Province inside Canada, North Korea, Iran, Japan, and New Zealand, are not accepted by the broker. If you are from a country they do not serve, please feel free to browse our broker ratings for an alternative option.

You can get convenient access to trade financial markets via the popular MetaTrader platforms which are used by millions of forex and CFD traders across the globe. They also provide you with the sophisticated IRESS platform. Both platforms are free and available for desktop, web and mobile devices. I have used all of them and find them equally as good for chart analysis and trade management. com give clients the opportunity to use the widely accepted trading platform, MetaTrader 4.

The platform is replete with tools for trading and market analysis. Thousands of additional trading tools have already been built for MT4 and more are still in development. The charting package consists of bar, line and candlestick charts that can be displayed on 9 timeframes ranging from one minute to one month. MT4 comes preloaded with 30 technical indicators and 24 analytical tools.

Multiple order types can be used to place orders including 4 pending order types and risk management tools such as stop loss and take profit. At all times, live trades can be monitored, order history is also available. It supports the automation of trading through Expert Advisors EAs and also supports one-click trading. There is a strategy tester to test EAs over historical data. The MT4 desktop version is downloadable for Windows and MAC OS computers. The MT4 WebTrader is accessible via a link from the brokers website.

WebTrader runs on web browsers and does not require any downloads or installations. I like this version of the platform as you can access your account from any device and it is always up to date. However, it has some limitations such as it does not support automated trading like the desktop platform does.

As a big fan of expert advisors, I need to use the desktop platform as it is the only version that supports them. The mobile version of the MT4 trading platform can be downloaded on Android and iOS devices. It supports trading on the go and integrates accounts created on the desktop versions. It displays the live quotes of all the tradable assets including their charts in real time. From the mobile app, clients can analyse the charts in up to 9 timeframe and also using 30 inbuilt technical indicators as well as drawing tools.

Multiple order types, pending orders and risk and order management tools are all available on the mobile trading apps. I am a big fan of the app as it lets me quickly and easily check my positions from anywhere at any time. The broker has the MT4 Multi-Terminal which is great for fund managers or traders with multiple accounts. All the popular features of the MetaTrader 4 platform are available but its major difference is the ability to handle different accounts at the same time.

Order volumes are easily distributed among several accounts with the MetaTrader 4 Multi-Terminal ensuring that each account has the right pre-defined parameters. It is good that the broker has this available as it is not something that I see many brokers incorporate.

FBS are one of the other brokers that I have reviewed who do. MT5 MetaTrader 5 is the follow up platform released by MetaQuotes, the global company that revolutionised automated trading for retail traders with the MetaTrader platforms. MT5 is a true multi-asset trading platform which can provide access to forex, cryptocurrencies, indices and commodity CFDs. Whilst MT5 has kept much of the same functionality and features of MT4, it also brings a host of new benefits for traders.

And with MT5 being a true bit, multi-threaded program, it runs faster and more efficiently than MT4. MT5 is available for desktop, web and mobile devices running on iOS and Android. You can download it free of charge directly from the brokers website and relevant app stores. I actually think that MT4 should be more than adequate to meet the needs of most traders but it is great to have both MetaTrader platforms available.

I would say MT4 is suitable for forex trading and MT5 better for trading stocks. Axiory also have both platforms and similar trading conditions. IRESS ViewPoint is a true multi-asset trading platform with investors and speculators in mind. Providing a global reach to equity markets via pure DMA Direct Market Access , you can enjoy a fully customisable interface with rich graphics.

Compatible with Microsoft Windows and Apple OSX, IRESS ViewPoint allows you to easily access over 10, shares via a fast execution brokerage. This is a professional platform that I would say is more suited towards those who are day trading full-time. You should also consider that IRESS is not available through many brokers so it would limit your options if you wanted to switch brokers at a later date but still use the same platform.

Otherwise, you would need to learn a new platform from scratch. Another top broker that provides IRESS is FP Markets if this is a platform you like the sound of. There is also a mobile version of the IRESS ViewPoint platform which brings the power and diversity of IRESS ViewPoint to your phone or tablet device.

Fully compatible across Android and Apple devices, you can download IRESS directly from the Google Play or the App Store. With DMA Direct Market Access to over 10, global shares, you can monitor your portfolio or initiate new trades on the go and never miss an opportunity.

I found the app very user-friendly and had no issues browsing the markets and placing trades via its modern interface. The platforms you get access to are packed with an abundance of built-in trading tools for assisting you with your daily trading activities. That being said, the broker also gives you access to some additional tools which can help enhance your overall trading experience even further.

There are tools for market analysis and copy trading along with FIX API solutions and a handy VPS. The Multi Account Manager MAM software allows fund managers and institutional traders to manage multiple accounts on FXTRADING. MAM helps traders execute trades of multiple accounts on the MetaTrader Multi-Terminal at the same time based on pre-defined allocation settings. Using MAM allows a trader to optimize use of the Multi-Terminal platform as it comes with more advanced analytical tools and allocation parameters.

The broker has a powerful PAMM system that allows clients invest their funds with other traders and fund managers on the broker. The software provides data analysis of various fund managers on the program. Clients can check their performance and use the listed criteria to choose their fund manager.

They can also follow the performance of their funds using the PAMM analytical tools. Funds can also be invested with multiple fund managers.

com is a regulated trading brokerage firm that provides traders around the globe with access to trade thousands of financial instruments with competitive trading conditions such as tight spreads, low fees, flexible payment options and easy to use platforms for multiple devices. Necessary Necessary. For this Forex strategy, two sets of moving average lines are chosen for the best results. He begins this section of the course by discussing the universal principles that The Strat is based off of:. Pin 2. This is the type of software I have seen cost thousands elsewhere, so it is great that the broker gives it to you for free. November 18, 20 Min read.

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