Dear Financial Voice Reader,

Dear Financial Voice Reader,
On launching my newest trading product and trader mentoring and apprentice academy to help people know when to buy and sell foreign exchange the biggest issue people have with making money online are these:
1. How do I know when to buy and sell? It astounds me people look at the news and try to work out market direction. How difficult and tiring. So I created my indicator so like all modern activities we use computers to make life easier. It tells you based on what is happening in the market when to buy and sell by analysing historic moves in currencies and looking for similar past patterns as evidence of the right thing to do.
2. How do I ensure I do not lose money? People worry about trading causing them losses. Worst still in my experience people often when facing a loss, add to it, by buying even more – making the situation worse still very often.
3. How do I make the most of opportunities? Most people do not realise that when you have those cases where a trade is profitable, you need a strategy for getting the most out of it. This means adding to the trade moving in your favour. If the trend is in your favour, then ride it!
4. How do I avoid a string of losing trades wiping me out? Again, many people don’t realise that experience has taught us professional traders that the trick is to trade small sizes. That way, even a string of losses keeps you safe. Add to this that the trick is also to limit the losses by keeping them small before they get big. It’s these simple strategies and skills which make all the difference.
It’s my view that summer is a good time to take time out and learn. But how do you find a mentor? You can’t walk into a hedge fund and expect they will just let you sit with the traders. This is again where technology comes in. I use email to communicate, and a website with drip feed content so it is bite size and each week people learn something new. I also use webinars because videos work well, as do live question and answers. You see technology allows us to be educated far better. To be apprentices, mentees. But again, too few people use these tools.
Whatever skill you look to acquire, always make sure you have a mentor. It is one of the secrets to success. Always make sure you also use technology to get ahead in your education. We do it in schools for our children. We should do it when it comes to making money and learning how for ourselves too.
For those who want be mentored by me: www.alpeshpatel.com/go