Archive for the ‘Mind Matters’ Category

Always Been Active, Just Silent for A While

Tuesday, July 30th, 2013


First, I want you to know that during my absence from posting on the blog, Logical Forex has continued to work very well. The traders who have stayed committed to themselves continue to consistently take profits from the market.

Even though I haven’t posted for quite some time (life-stuff has been VERY challenging), I have always been deeply involved with my clients via our Support Ticket System. It is always a thrill to hear of the fun and success that my Logical Forex trader family enjoys.

Almost every person who is successful with Logical Forex exhibits certain characteristics from the very start – and I can generally tell who will do well just from how they setup their first charts, and even how (or if) they engage with me in the support system. Interestingly, most traders who experience quick success do not involve me with support questions, at least not for a while. And, those who actually setup the charts properly from the start (and avoid any time-based charts) do well. Those who typically start Logical Forex with any of chart other than what we recommend… well, they tend to not do very well, and tend to quit pretty quickly.

I hope that isn’t a surprise to you. What I mean is… I’ve spent many years developing Logical Forex, and with few exceptions, what I recommend that you do, ESPECIALLY when you are getting started with Logical Forex, is truly the Best Way. Your success is important to me, and if you’ll get started with Logical Forex with the ways I show you, you’ll do much better than you would otherwise. I always feel awful when I see somebody who is getting started, setup their first chart with a difficult currency pair to trade, or a time-based chart, or several other things. I know almost immediately they’re going to have a big challenge and have made things difficult on themselves, when it doesn’t have to be that way.

PLEASE don’t be that person who “blazes their own trail” – especially when getting started with Logical Forex. Follow the training closely, especially everything in the Getting Started Guide and the Checklist, and you’ll have so much more opportunity for success and a lot more fun!

I’ve also noticed that there are MANY more FUTURES traders using Logical Forex. Yes, Logical Forex works great with futures, and especially well with Currency Futures. The patterns are a bit different than Spot Forex, but you can adapt easily.

So, whether you’re trading futures or spot forex, be sure to follow the training Checklist that I provide, so that you can get a much deeper understanding of the forex (and futures) market, and how we keep a powerful edge over other traders.

Quite simply, with Logical Forex, we see things that other traders simply CANNOT see, and we can trade Logical Forex profitably, even with brokers who don’t always have our best interests in mind. Logical Forex gives you enormous power and control over your trading… and your own destiny.

There is SO MUCH training material available on our site, and we’ve done many posts to the blog through the years, I’m not likely to post with too much frequency. There is NO DOUBT, you can review these blog posts that are already here, and see clearly what we do with Logical Forex. My adding “another post” that looks “just like the others” is marginally helpful at this point. The import thing for you to do is GET STARTED on your own, follow the training materials, review the existing posts on this blog, immerse yourself in the Pattern Library, and then do it again and again… and you will become equipped to be a consistently confident forex trader.

I want to remind you that with Logical Forex, we are “IN the game” instead of just “watching the game and placing a bet on the outcome.” In other words, while other traders try to PREDICT the market and draw lines and guess where price might go, we take an entirely different approach. We trade with TRUE PRICE ACTION and the FLOW of the market.

Logical Forex is similar to somebody throwing you a ball, you seeing the “pattern” of that throw, and then catching the ball. Most other trading styles have you “viewing the action” through a window, based on some time-frame, like somebody taking a snapshot of where the ball travelled during the past 15 seconds (or minutes or whatever).. and then you are supposed to guess, based on those snapshots where the ball might end up? That just isn’t something I find reliable, or fun, or profitable. Logical Forex… we trade the actual “throw of the ball”.

It may take a moment for that to settle in your mind, and it will eventually make a LOT of sense to you… particularly after you’ve experienced Logical Forex.

Go ahead and get started today with Logical Forex right now. It’s simple to setup, and the basics are quick to grasp and apply. Yes, it will take some dedication and commitment on your part to become proficient with Logical Forex… and in doing so, your life can change to what you’ve always wanted it to be.

Have fun with Logical Forex.


Why Force a Trade?

Friday, May 4th, 2012

Well, I just wrapped up a very grueling week of travel. I didn’t even have time to open charts once this entire week. That’s ok, because forex scalping with the Logical Forex Indicators will always be there – ready and waiting – to fit into MY schedule.


One of the most significant things we try to get across in our training and instruction is this – DON’T FORCE TRADES! If more people would listen to this simply piece of advice, they would be consistently more successful in their trading. Anybody who has it in their heads that they need to make a certain amount of pips per day – or even per week – is mentally setting themselves up to force trades. Think about that for a minute. Can you see how truly self-defeating that could be?

With Logical Forex, you have the ability to wait for an optimal super-high probability setup. Sadly, many people will trade Logical Forex simply as a breakout system – whenever price breaks the Magnet Line, they take a trade. Why? Because they are not patient. Because they can’t sit by and pass up a possible trade. Because they need to make their daily or weekly pips. I say, stop the madness!

  • Trade forex like a business.
  • Quit treating it like some sort of hobby or mindless entertainment.

Some business owners will go through an entire day and not make a sale. Why is it so hard for somebody trading forex to proceed under the same mentality? Don’t believe all the hype that is perpetuated within the forex industry. Trading take skill and practice, but is also take patience. Not taking a position in a trade is still taking a position – a position to preserve your trading capital. Got that? Sitting on the sidelines is not always a bad thing. Most of the time, it is a smart thing.

If you will sit and wait for that optimal trade, you will amaze yourself at how quickly you can build up your account size. Don’t believe me? Check out the Secret Forex 4.2 Formula. Compounding is one of the most beautiful things in all of finance. Instead of thinking so short-term (I need to quit my job tomorrow, I need to make a million dollars next month) think more medium or long-term. Think thinks like in a few years I can pay cash for a new car, or I can pay my house off much sooner, or I can build my nest egg for retirement. This will take much pressure off of you to perform in your trading every single day or week, and by compounding you will soon see how forex trading can help you fulfill your goals. Honestly, when you take that sort of pressure off yourself, trading does become much more fun – and much less stressful.

Be patient, be diligent, and be smart about your trading. Stop forcing those trades!


Happy Trading!


To Scalp or not to Scalp

Friday, February 10th, 2012

Today, there weren’t many scalping trades presenting themselves that I really liked. In fact, I saw no high probability trade setups that I would have risked large lot sizes on. That doesn’t mean that you couldn’t have traded and made money, it just means that I didn’t see anything that enticed me enough to want to jump in and try a trade. I prefer to not take risks with my trading account.

I do think it takes a lot of trading maturity to WANT to trade and yet to still choose to NOT trade. It is truly a good thing. Your trading account will thank you. You will be less stressed. Tomorrow is another day. I should point out that this has taken me years to realize. It’s not something that I grasped right away.

I should also mention that if I look at my charts long enough, it is still possible for me to talk myself into a trade. That is not a good thing. So, what do I do? I either scroll through charts and train my brain, or I walk away and do something else. That’s it.

So, what do YOU do when you have the trading ‘itch’ – but don’t really find any good trade setups? I’d love to hear from you.


Happy Trading!