How To Get Rich Slowly In Forex

Posted on by The INO.com Team

I'm not going to say a lot about this new video, but I recommend that you watch it. It's an eye-opener.

There is no need to register for this video and of course you can watch it with my compliments.
Enjoy the video and please give us your feedback on this blog.

All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub

17 thoughts on “How To Get Rich Slowly In Forex”

  1. Todd,

    Like everything in life one size does not fit all. Did you try back testing the SP500 with our recommended method?

    Monthly TT for trend and the weekly TT for timing.

    Thanks for your feedback.

    Adam

    P.S. TT stands for Trade Triangles

    1. Adam,

      Yes, I tested the SP500 using the recommended method and I came up with about 36% cumulative gain over about 8 years. The result was negative for the first 7 years and I don't have that much patience. If every weekly TT was traded (ignore all monthly TT's) the gain was over 80%. Looks like FOREX is best suited for the TT's.

      P.S. I've just renewed - look forward to upgrades I've heard about.
      Any chance of a back testing tool?

      1. Todd,

        Thanks for your feedback

        The SP500 is an index and as such it suffers from too many cooks in the kitchen. The TTs do very well in individual markets like stocks, forex etc.

        All the best,

        Adam

  2. I like the idea of fewer signals, but I backtested trading the monthly triangles on the S & P 500 over the past 8+ years and came up with a loss overall. I've backtested several of my favorite tradeables and it's pretty obvious that this doesn't work for everything.

  3. Josef,

    Thanks for your feedback.

    We had no problems on this end with the video. Our mission is to help traders learn how the markets really work through the use of videos and superior technical tools.

    All the best,
    Adam

  4. Hi there the video about how to get rich slowly in Forex doesn't realyy explain the essence of the technique; its true it was educational but very simple and short and by the way your recording has some kind of problem that stop every so often, ok I just want you to try to improve your system so people would appreciate more your lessons. I have to say that in general your idea to try to educate people free its brilliant most of the people who knows some of the so call secrets in different markets try to get advantage charging a fortune. Well done!! good team!! Josef.

  5. Adam,

    Enjoyed the video and like the concept. I never traded Forex - where is the best place to learn? I would like to learn to trade a long timeframe and not get stopped out by the swings.

  6. Mike,
    as a novice trader (it's now been about two years since I made my first forex trade) I couldn't agree more. After a lot of lessons from the school of hard knocks I'm now too focusing on the intermediate to long term price action. For all those out there that are still focusing on the short term and losing money at it (there are some who make money trading the M15, though) I would suggest taking a look at longer term charts. The indicators are far more reliable for long term charts as they have more information built into them.

    1. Money can be made, or lost, using any time frame. However, longer, higher magnitude charts are somewhat more forgiving if for one reason-one doesn't have to make a fast decision. I myself trade all time frames, but think beginners should start with longer term charts, and then try to find they comfort zone. Go from weekly to daily, to 4H, to 1H, Maybe even lower. The process will dicover what is the best match for their respective psychological make up and how it fits into other commitments. Like work, family life etc. Especially in Forex. People try to work all day and then to scalp all night, or something of that sort. I see it over and over. Typical result is a failure. Using longer term charts helps to reach balance and leaves enough time for farther study.

  8. Hi Adam,
    thank for posting the video. I don't keep an eye on Fibonacci levels myself (don't have enough experience with them + I already have a lot of indicators to keep an eye on) so it was really useful to see it plotted on a chart. I had a look at the other videos as well and I have to say that the triangles look really promising. I guess I'll have to keep an eye on this blog for more videos to confirm that the triangles work.

    BTW. Do the triangles work with silver? That stuff is pretty volatile and it gives me the bejeebers every time I enter into a trade and I end up losing big. Obviously, I don't trade silver anymore, but I'd sure like to. Any help from the triangles?

    1. Kristjan,

      Thank you for your feedback.

      I think you came to the correct conclusion with silver. I believe that if a market gives you the bejeebers don't trade that market.

      The silver market is a very difficult market to trade and I do not particularly recommend that beginners follow this market. There are a lot of other markets that are much easier to make money in.

      Please feel free to follow the Trade Triangles and see how they work for you. Many traders just like you are benefiting from this technology and this discipline today.

      All the best,
      Adam

      1. hi Adam,

        I've enjoyed your videos very much.

        I was curious which markets do you think are the easier to make money in.

        Thanks!

        Dave

        1. Dave,

          I like the BIG markets. That means big volume and big public interest.

          Look no further than the FOREX markets. Big moves, big trends and little to no manipulation.

          All the best,
          Adam

  9. As a full time Forex trader I can say that most people who are new to the market focus, wrongly, on short term trading. Unfortunately, they normally also have full time jobs, which makes impractical, if not impossible, to trade the way they want to. Just about everybody should start with longer term charts and work their way into more active trading. Whether these are monthly or weekly charts, it really is a matter of personal patience rather than superiority of one over the other.
    One thing about leverage, though. Going even 50-1 with this magnitude chart is too much. 200 pips adverse move kills the account. Something like 10-1 or 5-1 is far more suitable. And yes, you can have above average returns using little leverage:
    http://fxmadness.com/2009/04/11/general/trading-forex-without-much-leverage/
    Long term charts, low leverage- the best way to start learning and trading Forex.

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