1. Inconsistent Trading Strategy: The Primary issue that most forex traders struggle with is the lack of a consistent winning strategy. This because traders keep jumping from strategy to strategy in search of a Holy Grail System.

The truth is the Holy grail doesn't exist & most strategies out there are created by novices traders with little or no experience of the forex market.

These strategies are often indicator based hence why they are either delayed or only work for a few trades until you start loosing. This occurs mainly because those strategies haven’t been proven to work over a period of time and haven’t stood the test of different market conditions.

HOW THE FOREX MASTERY PROGRAM CAN HELP SOLVE THIS PROBLEM!

The truth is forex trading is not just about having the best Trading Strategy or the best indicators, it's about having a comprehensive & holistic understanding of the market.

This is why on the Live FOREX program we teach you techniques that help you identify, first the market conditions and secondly the BEST STRATEGY to trade that exact market condition the way it should be traded. Also, we will teaches you Three highly profitable Trading strategy with over 10 years of backtesting results which can stand any market conditions.

These strategies can also be used to trade several other financial instruments such as; Oil, NASDAQ, GOLD, S&P 500 and CFD's. After this live training program, you will be able to confidently trade your money in the forex market because at that time, you will have a reliable strategy that can produce you consistent positive returns.

2. Overtrading: Getting enticed by several forex trading instruments will have traders opening more trading Positions than they can effectively manage. Opening multiple positions are usually all rosy during favourable market conditions.

However where the danger lies is when traders have more than 5 trades open all at the same time and the market heads in the opposite direction. Traders go into panic mode when this happens with no idea on how to manage these trades effectively during drastic market conditions.

The problem of overtrading is single handedly responsible for most of blown accounts in the Retail forex trading industry.

During the live training session, we will teach you how to identify the most profitable trade setups amongst many. We usually advise pick the best 6 trades in week with a win rate of 85% to 95%. Also you will learn how to manage your trades effectively without the Risk of over trading, over leveraging & a potential margin call.

3. Unrealistic Trading Expectations: A major contributing factor to trader losses is unrealistic expectations. Traders often come into the forex market expecting to make wild returns which in turn then leads them into over trading with little or no risk management in place.

In most cases this not entirely the fault of the traders as brokers often sell unsuspecting traders a dream of becoming rich over night by trading the forex market.

The live session will also teach you how to manage your expectations by consistently growing your account every month by at least 30% . We particularly pride ourselves in realistic and consistent returns because we feel that traders who are not educated about trading realistically end up gambling away their funds.

Managing your expectation is very key to your success as a trader because you're educated on how much you money can be possibly made from trading & How much capital investment is required to achieve your desired returns.

4. Risk Management: The honest truth about Forex trading is that 70% of traders lack proper risk management strategy and discipline. This is mainly due to Unrealistic expectations they have of the forex market caused by brokers and dream sellers on social media With little no idea that risk management is a very vital part of a traders success, novice traders dive headfirst into the market often risking more than half of their capital on each trade.

Let's do some quick maths If you’re risking about 20% of your account on every trade, it only requires a ranging period of stop-loss runs with 5 spikes to blow your account.

Whereas if you're trading with a proper risk management strategy in place whereby you're risking a maximum of 1-3% on each trade after 6 losing trades you’re only negative -10% and with 2 winning trades you're back at break-even it would require 50 losing trades to wipe your accounts with the strategy ( if this occurs the issue is with your trading strategy which we cover during the live training)

Trading with proper risk management strategy, your account can withstand uncertain periods in the markets whereby theres little or no liquidity and investments banks are running the stop losses of retail traders to fulfil their large volume orders.

Also during the live training program, we will provides you with a risk management template to guide you for every time you get into a trade. We provide a risk management calculator to enable you calculate how much risk and how many lots are required for your individual trades. Profit & stop loss targets are also suggested in the risk management template. This template will be your guide & will ensure your capital is persevered and grown consistently over a period of time.

5. Trader Psychology: Studies show that the primary cause blown live accounts amongst forex traders is due to the emotionally instability of traders during winning and loosing streaks. Honestly it is only natural for traders to feel emotionally on unstable whilst trading the Forex market.

Watching your funds go into to profit and loss several times is enough to cause irrational trading behaviour However, what makes the best traders are those that understand their trading psychology and can control their emotions the best while trading the forex market.

During the live session, we will also teach you how to avoid losses and if they occur how to mentally prepare for loses and quickly overcome them so they don’t consume you.

In trading loses are inevitable even with the best strategy in the world, this is why we like to prepare our traders in advance for when they occur they can simply move on with their trading without allowing their emotions affect their trading. Also we will also talk about Trader Discipline, the principles every trader should abide with to help hold themselves accountable whiles trading their live accounts.

This is extremely important because discipline is what protects a trader from uncertain market conditions whereby their rules ensure they only get into the very best trades and close their positions as planned in their trader rule book. All these and many more are vital for the success of every Forex Trader.