• Post category:StudyBullet-6
  • Reading time:5 mins read


Understand the fundamentals to get started safely and successfully with Easy Trading Bots

What you will learn

No experience necessary

Learn the fundamentals on Forex and trading bots

Trading bot risk management

Better understand how Forex bots work

Description

No experience is necessary. The course is 2 parts; this is part 1 and will teach you the fundamentals on how to use Easy Trading Bots (ETB) successfully. You do not have to become a Forex trading expert or bot programmer. You simply need to understand from a 30,000 foot view what Forex is, how bots work, your risks and how to create a plan and strategy to manage your bot risks as the markets change.

While our bot signals have proven to be highly successful past performance is no indication of future performance. Bots do take losses from time to time. Some people can and do lose some or all of their money. We have lost money but our risk management strategies allow us to easily absorb losses to fight another day. Most Forex traders fail and we feel that is because of a few reasons.

1. They let emotion get the best of them

2. They have no risk management strategy


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3. They get greedy

This course will teach you the risks of using ETB bots and give you an understanding of the strategies used by successful ETB bot users. Bots are NOT set it and forget. A bot can do most of the heavy lifting but the user needs to understand the fundamentals and have a risk management strategy in place in order to be successful. If you think that putting in some money and walking away is going to make you money or make you rich, you are wrong. While you can make a lot of money with ETB bots you do need to be awake and pay attention to the markets and the bots draw downs.

There are free EAs, scripts and tools provided in this course that allow you to check on your bot when you want or when you need to in order to take control as needed to protect your account. The course will outline all of these things so by the end you have a solid understanding on whether ETB bots are for you or not.

English
language

Content

Introduction

Understand RISKS before you get started
Introduction
What is this course about?

Forex & Terminology Overview

Forex basics
What is a Broker?
What is a short/long?
What are LOTS
What are pips and points?
Margin call/Stop Out. Free Margin %
What is equity %?
What are Stop Losses & Take Profit?
What Is A Candle
What is slippage?
Withdraw funds

What are trading bots, signals and how do they work?

What are trading bots?
What are signals?
ETB Bot Strategies, algorithm
Draw Downs, Basket Trading & Risk Management