In trading the Forex markets, things can get crazy, even chaotic. A basic trading model helps you be able to think during times of chaos. Now I’m about to give you the basic model for the complete and profitable trading system you’re starting to learn here. If you’re new, I highly suggest starting at the first post and moving forward. That way you can get it step by step and understand everything as it is being presented.

The purpose of having a basic model as the foundation for a trading system is to give you a piece of information that never changes. The Forex markets change crazy fast sometimes.

The basic trading model is NOT how to trade - it is merely a herculean foundation that can be built upon. Everything else ties directly to this model, and how to enhance it so your trading is more profitable.

There are several things that the basic model does:

1. Says when to enter.
2. Says when to exit.
3. Says when to move your stops.
4. Says when to take profits.
5. Says when to take a loss. (Even more.)

The previous peak takeout basic model says, “when a previous peak in the market’s price action is exceeded, take some action.”

You’ll really enjoy putting together the basic model with the divergences you learned earlier because they really go hand in hand nicely. Know the basic model well because it can help save you a lot of money when things start going crazy and you’re in a position.

Remember that this is just a very small part of a MUCH larger trading system. Chances are great that you have never actually seen a complete trading system to trade Forex, futures, stocks, anything.

If you want to be a truly successful trader over the long haul, you should manage your complete trading system. Not “be a trader”. Big difference between “being a trader” and “being a trading system manager”. Traders lose money. Trading system managers profit consistently year after year.

Again, I welcome all comments and questions that you have about anything I’ve covered here. While I try to make the information complete, I forget that you don’t already know this, and I don’t know what you don’t know. So please leave me questions.

Oh, and if you want to be notified of updates to this blog (pretty much daily), sign up to get notified by email when the updates are posted. Plus, I will be making a really cool membership area for everyone who signs up to be notified - as long as you’re still subscribing, that is. In the membership area we’ll take everything to a whole new level, introduce a lot more profit-enhancing info, form trading groups and on and on.

And you can tell me what you want. Right down there below, just leave me a comment. I’ll read it as soon as I recieve it and take action to better serve you. Have a truly phenomenal day (night, whatever), and the best of trading to you - or the best of learning.

Welcome to Domination Trading! This site will not only teach you about being a great currency trader, but if you’re bright enough, pretty much how to dominate the Forex market of your choice.

What is planned for this site is nothing short of ground-breaking, and could change the face of Forex trading for a long time to come. The principles that will be taught by me (and hopefully others will contribute, too) are the foundation of all successful trading, and will be built upon into anything you want for yourself.

With all of the so-called “trading systems” out there, and I’ve personally bought, studied and tested over 250 of them in the past 14 years, only two were actually complete trading systems. Two out of over 250 - which is less than 1%. Well, that isn’t right.

The basic philosophy, the foundational philosophy, to the forex trading systems coming, all start with basic risk, money and profit management. That IS the foundation of all great trading. And the discipline to take the required actions when told to by the system that you’re using.

That boils down to trading system management. A lot more of that is forthcoming. I beg you to ask me questions so I can make you videos, write more content that you want to read, and direct you to becoming the best trader you can possibly become. There’s a lot involved. There’s a lot to learn. There’s a lot to know about currency trading in the Forex markets.

Let’s get a good start tomorrow. So register, comment, and tell people about this site… More is on the way.