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Frequently
Asked Questions
Q: Why bother to sell
a book, when you can be trading?
A: I do trade, but... I really enjoy teaching people how to trade and to offer them the potential
opportunity to improve their financial lives.
Q: Won't revealing
your G7 Forex trading strategies make it less effective if too many people
are using it?
A: Not a chance! On a
daily basis 1.9 TRILLION dollars of transactions occur. This means we could
have thousands and thousands of traders using our Forex strategies and it
wouldn't put a dent in the FX markets.
Q: Can I use it for
longer term trading like position trading or swing trading?
A: The program is
designed for swing trading but... If you get into a really big winning
position, then you can just use a trailing stop and hold for days, weeks and
even months until you finally get stopped out.
Q: Can I use this to
trade other markets?
A:
I have tested it successfully on other markets such as
the US stock indices, but I do not offer this service yet.
Q: Where can I open a
Forex trading account and how long does it take?
A:
You can
open a Forex account right now with Easy-Forex by clicking on
this link. You can start with as little as $25 and make your deposit
instantly by credit card.
Q: What will I get
when I purchase your program?
A: You will receive the
49 page G7 Forex Manual that you can access immediately on the internet.
This book has been made with speed and ease of learning in mind so I have
kept it straight to the point. You will find no waffle or useless
filler to waste your time with.
You
will also receive a free subscription
to my daily G7 analysis and weekly video reports, plus two additional bonus
E-books!
Q: How much can I
expect to make?
A: I cannot legally or
ethically tell you this. There is no way for me to take into all factors
like... Your ability to handle risk, ability to handles losses, ability to
follow instructions without adding your own rules etc...
Q: Can I really start
with a small amount of money?
A: Certainly! Most Forex
Brokers allow you to open a mini Forex account which requires about $250 -
$500. Just don't expect to get rich off of this as it takes some time to
work your way up from this level. Even if you were to make a 20% return in
a few hours, you would only be talking about a $50 - $60 profit.
Q: How much do I need
to risk on a trade?
A: That is largely due to
what time-frame you are using. As a rule of thumb the bigger the time-frame
the more you have to be willing to risk. On the other hand, bigger times
will offer greater profit potential. You can usually keep your risk down
to 30-50 pips. If you are really conservative, you can cut your risk down
even more.
Q: How much can I make
on a trade?
A: Once gain it is
illegal and unethical to guarantee any claims to definite profits. This is
why the government requires a standard disclaimer that says, "past
performance does not guarantee future results". My goal however is to find
trade setups that can possibly run 50-300 pips or more within 1-3 days.
I am not looking to just scalp a few pips here and there. When you look at
the huge amount of movement in the Forex markets you can see that the
potential exists for some really big trades.
Q: Does it work in up
and down trends?
A: Yes you can use the
strategies in both up and down markets. It can even get some great trades
that are in a trading range as well.
Q: Is your method 100%
mechanical?
A: The G7 system is 80%
mechanical. The only thing that is discretionary is you will have to decide
which currencies to trade and what your profit objectives are. Let me
explain that. I show you how to get out at different profit levels and
depending on what your personal financial goals are will determine which you
will exit at. The entry rules are simple and 80% mechanical which takes the
guess-work out of how and where to enter.
Q: Can I use the
system on any Forex currency?
A: Absolutely! but
I
advise sticking to a small number of currency pairs which tend to trend more
than others, ie: the Euro, Pound and Yen.

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