Category: ‘LTG GoldRock’
Are You Our Next Trader of the Month?
Well it’s the time of the month that I don’t mind getting so many emails… yes it’s our Trader of the Month search.
Thank-you to everyone who has sent in their Trader of the Month entry, so far we have had some very ‘Well Risked’ accounts which are my favorite entries.
I did want to clear up some mis-conceptions about the Trader of the Month competition though…
Rule #1: You must be trading a live real money Forex Trading account. – Although results in demo are great to see unfortunately it’s just not the same as the emotions involved in trading real money.
Rule #2: There is no limit on the size of your Trading Account. – Whether you are trading $150 or $50,000 you can enter the search for our next Trader of the Month.
Rule #3: We look at your ROI% and how well you have implemented a Risk vs. Reward strategy – eg. If you increased your $500 Trading Account by $100 last month you achieved a ROI% of 20%. If you increased your $20,000 account by $1,000 you achieved 5% ROI.
Rule #4: All LTG GoldRock members are eligible to enter – all we ask is that you share your Trading Story with our Online Community. If you want to send us a video for LTGGoldRock.TV, send through a short summary about what your favourite trades are or perhaps why you love forex trading…. we want to share your success with others to provide motivation and an insight into your trading journey.
So Ask Yourself the following questions….
Did your Trading Account finish positive last month? Have you worked out your overall Return On Investment for the month?
If you missed out on seeing the results from last month’s competition click here to read more about their fantastic stories.
Entries close this Friday the 8th of October.
Only a few more days are left to enter the search for the next Trader of the Month…. So don’t delay!
What is the Bank of Japan’s Plan B?
Join LTG GoldRock’s Lorrie Bennett each week for her Market Watch Blog Updates, as she carefully dissects what is happening in the current financial markets and helps new Forex Traders to start gaining an understanding of how World News affects their Forex Trading.
In today’s Blog Update Lorrie gives us an insight into the Bank of Japan’s ‘Plan B’ after their initial plan to help their currency failed.
Also don’t miss Lorrie’s ‘What to watch for in the markets this week?’ section as it gives a brilliant insight into Lorrie’s personal trading / charting analysis and what could be in store for all Fx traders this week.
What’s been happening in September?
We have some exciting things happening here at LTG GoldRock at the moment and we want to make sure you are involved in our trading community.
Many of you who are active on the LTG GoldRock Facebook site or have become regular patrons of the Blog, may have noticed some new additions recently.
The lovely Lorrie Bennett and knowledgable Matthew Bacon-Hall have been kind enough to take the time to share some of their market experience and Trader Insight into current market conditions.
As traders it is important that you have a thirst for knowledge and take the time to know what is happening in the global financial markets in relation to Forex Trading.
Each week Lorrie Bennett will be sharing with us “What to watch for in the week ahead” and Matthew Bacon-Hall will be sharing his trading insights on a daily basis.
We invite you to join the conversation and have your say, ask the traders questions and continue to gain knowledge from their vast trading experiences.
LTG GoldRock Facebook
LTG Goldrock is a forex trading company which specializes in educating others to trade online. Our goal is sucessful Forex traders.
LTG Goldrock has its own Facebook group which is out social point where our customers and fans socialize. If you are interested, please check out LTG Goldrock Facebook group here.
LTG GoldRock
Check out LTG GoldRock Insiders report
Andrew Barnett, LTG GoldRock Insider discusses the latest Forex News and Market conditions to help people learn how to trade Forex.
LTG GoldRock – Predicting Market Movements
Check out our video about predicting market movements and what impacts on market fluctuations.
LTG GoldRock – Trader of the Month
Here is a story of Juan Trujullo, LTG GoldRock student.
“I joined LTG GoldRock at the end of August 2009 and started trading live as soon as I had setup and funded my account.
I have attended many trading seminars and courses and traded shares, CFDs and Futures on and off over the past 15 years and I felt that I had enough experience to handle trading larger volumes in FX, so I started trading $10 PIPs. I had mixed results, but eventually I started having larger losses and after only 3 months, I managed to blow almost half of my account!
I realised that I had to change something or pretty soon I would have nothing left in my trading account. I went back to basics and started using a rough calculation of between 0.5% and 1% risk of my account for each trade. This had an immediate positive effect on my trading and I started having more successful trades and reducing the size of my losses.
Soon after this, LTG supplied us with a copy of the Risk Calculator, which I started to use for every trade I placed.
By March 2010 I had stemmed the losses and April 2010 was my first profitable month. Every month since then has been profitable and I have recovered almost all my losses.
In the early stages, I was taking almost all trades called by Dom, Marina & the Chief, but soon started to develop an affinity for a couple of the trade setups and became more selective with my trades.
Early In February 2010 I decided to stay up late a few nights and learned the intricacies of the Range Break from Lorrie. I found this setup made a lot of sense to my trading style so I started back-testing and refining its application on about seven of the major pairs. Once I started trading the Ranges, I found that my success rate went up dramatically. Most of my trades these days are taken from the Range Break setup with the occasional Zingo thrown in when the markets are trending strongly.
I am so glad I joined LTG GoldRock because they have lived up to everything they promised and more! They have an amazing team of people who walk the walk and really care about helping others to succeed.
I know where my trading is going and I am certain that I will be making a very healthy living from my trading in the not too distant future.
If I could give anyone advice on how to get their trading moving in the right direction, it would be to listen to the advice given by Andrew and the LTG GoldRock Trading Room Team. Go through all the course materials made available in the Members’ site. Start small and build on it. Use the Risk Calculator before every trade and do yourself a big favour and read “Trading in The Zone” by Mark Douglas several times. This book has really helped me to change my mindset and approach to trading for the better.”
Juan started just like you with doubts in his mind and was looking for a way to make money. You can too.



