What is the Forex Profit Accelerator?
Posted By admin on September 14, 2011
The Forex Profit Accelerator or FPA is a course that will teach you how to do away with the time and stress that come with Forex trading. Forex trading is one of the most lucrative businesses around but banks and large institutions are the ones that profit from it the most. The FPA then teaches traders how to profit as much as these institutions do.
FPA was created by Bill Poulos, who has been in the industry for thirty years and has been heavily involved in many trading system designs. Poulos has made his share of trading courses with all of them developed to benefit from high probability moves armored with a formula for strong money management. The Forex Profit Accelerator is deemed his best work yet.
The FPA basically promises only 20 minutes of your time a day to place your trades. However, if you don’t mind gazing at charts all day, this might not be the right course for you. The ultimate goal of FPA is to maximize a trader’s “pip potential”, and at the same time give you time away from the dreaded charts.
The basic notion that Poulos proposes is to treat the Forex market as an end-of-the-day market. He has also proven that this strategy offers far more potential profit than minor checks that most day traders employ. Engaging in trading as an end-of-day market will then lead you to quickly jump from one big trade to another as most of the market giants do.
Many argue that these big companies react slowly to market changes due to their tremendous size. But learning the ropes in such trading will lead you to better profits in the future. Poulos then helps traders spot a swing in order to ride along with such big moves.
Poulos developed a method to determine when a Forex pair is likely to move up or down. But no matter which way it goes, he created trading guides that will help you take advantage of such moves. When you discover how to ride along with big institutions, you will then be able to make the most of your pip potential.
The first method is known as the Instant Pip with the aim of going after quick hit moves that usually take a day or two. The aim of each trade is to take about 40 to 100 pips out of the market with strict risk control. The second method revolves around going after 1-3 week swings with a trend that averages at 300 to 400 pips with similar risk controls.
Method #3 is known as the Pip Maximizer 2 that has the same objective as the second method. The only difference is that method three involves an entirely different entry strategy. With these methods, you can increase the probability of getting into major market moves.
Finally, the Pip Reversal is the last method proposed by Poulos, and it reveals the counter-trend trading method that uses market divergence. This method goes after the initial leg of a counter-trend move that makes way for the beginning of a trend reversal. Each trade is then to take about 100 to 300 pips with strict risk controls.
There are a lot more details that go into the Forex Profit Accelerator as it has been deemed the most extensive Forex trading course. Poulos also honestly claims that not all traders are winners. Still, the FPA is a great way to learn how to level up in the playing field and ultimately profit from it.
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