How to understand risk and capital preservation.
LTG GoldRock’s members are taught from day 1 that the most important aspect of long term investing in the Forex market is risk mitigation and capital preservation.

Traders who lose money consistently in Forex trading are generally those traders who do not have a long term view of investing, look short term, trade too much money and risk too much. It is LTG GoldRock’s goal to teach every member that when you start to trade Forex if you understand and take action to manage risk, long term success as a Forex trader becomes a realistic and very real probability for all traders.

Unless you are a savy and successful trader with consistent sustainable profits there is no need for any trader to open and fund an account in Forex with more than $1000. The aim is to generate sustainable profits first, then add to your account to trade larger sums once you have grown your account and sustained profits. You can add whatever funds you like to your trading account at any stage however it makes no sense to trade with larger sums, more than $1000 to begin with. Prove sustainable success, then add more to increase the profit objective.

With any sized account the risk LTG GoldRock teaches and maintains in the trading room is 1% risk on capital on a single trade. If multiple trades are entered then the subsequent risk on additional trades whilst the first at 1% is still running is 0.05%. So therefore if you have 3 trades running at the same time and all 3 trades lose, the loss would be 2% of your capital. 1% on the first trade and 0.05% on the remaining two trades, making a total of 2%.

LTG GoldRock provides its members with a risk calculator that enables you to calculate the 1% or 0.05% risk on any currency pair, no matter what the stop loss required is or the account size. It is imperative as a Forex trader you can calculate 1% or less risk on any currency pair and you implement this every day you trade. Do not trade Forex unless you know how to calculate risk appropriately.

What is the Learning Centre all about?
The learning Centre is step number two on your journey to becoming a profitable Forex trader. Step #1 is joining the LTG GoldRock trading community and professional team of advisors. Unlike other education programs the Learning Centre is a comprehensive and complete education. You will learn everything you need to know about Forex, but most importantly you will learn how to manage and operate a long term profitable Forex trading business. How to trade on a professional team and take advantage of all the benefits LTG GoldRock offers.

The Learning Centre is accessed online using a personalised user name and password and can be accessed from any computer with the internet. It is open 24 hours per day and houses over 25 hours of incredibly valuable learning material.

It is broken down into straight forward steps that are easy to understand and follow and starts with an introductory video from Andrew Barnett. You will then progress into a series of 30 to 40 minute videos that are designed to take you step by step through a very logical process to provide you with the tools and skills you need to trade Forex successfully.
The Learning Centre provides you direct access to open your live trading account and set up a trading platform to execute live or simulation trades into the market. You can also access within seconds our 24 hour support desk that is available via phone, email or instant chat. LTG GoldRock’s support team are second to none and you have 24 hour access Monday to Friday to an experienced and dedicated team.

You will also use the Learning Centre to access the 24 hour a day, 5 day a week live trading room. Simply click on the link inside the Learning Centre and you will be taken directly into the online live conference room. You can chat with our traders, listen, watch, learn and shadow their trades as you develop your own trading plan with our guidance.

What guarantees are there?
Just like all forms of investmenting there are no guarantees and in Forex trading long term success is attributed to good money management and a committed and disciplined approach to the system you are trading. Successful Forex trading is about learning probability which is doing the best we can to stack the odds on our side with well informed experienced investment decisions. When you learn to appreciate the power of probability there is a lot of money to be made as a Forex trader, but there are no guarantees.
Who is responsible for my losses?

You must always take full responsibility for your actions as a trader and be honest with yourself at all times, and this is vitally important as you build your knowledge and skill over the coming months and years ahead.
Any trade you take you must understand the risk and accept the risk that you are taking on each trade. You need to be completely comfortable with the risk and accept complete responsibility for any trade result, positive or negative.

Get Rich Slowly!
This is the LTG GoldRock mantra and one that we often remind our members. Certainly people are attracted to the Forex market for the leverage and profit potential that it offers, however if you apply a Get Rick Slowly philosophy to your investing in Forex you are not likely to risk too much and you are likely to become a disciplined and patient trader. These are the hallmarks of long term successful investing.

Is there any hands on training?
Yes every member of LTG GoldRock is invited to attend a 2 day live intensive training which is called the 2 Day High Achievers Training. These 2 days are hosted by some of LTG GoldRock’s senior advisors and traders as well as special guests. You will hear from some of the industry high achievers as they teach you straight forward no frills techniques and skills that you can add to your knowledge base and investment plan.
These training days are hosted in all parts of the world and you will be notified of upcoming dates so as you can book into one near you. They are only available for LTG GoldRock members.

What to do and who to contact if I start losing consistently?
We have a 24 hour a day support department as well as our live trading room with professional advisors ready to assist you at any time. If your trading account was to fall by 20% from its initial investment size LTG GoldRock recommends you immediately cease trading of that account and seek assistance. Once you are clear on what aspects need to be adjusted and changed on your trading plan you can then begin to trade the account again, with a 1% risk on capital only. You may be advised to cease live trading for a period and practise using a simulation account however if you continue to lose further capital from the live money account stop trading immediately and seek assistance.

What is the first step when I join LTG GoldRock? What do I get and what happens?
When you first join LTG GoldRock you will receive a welcome email from our support team that will provide you with a User Name and Password for the Online Learning Centre to immediately get you started. You will also receive in the mail your official LTG GoldRock member’s pack which will be your road map through your journey with us. It will have all the information you need and is a fantastic resource for you as an LTG GoldRock member.

Upon membership you can be inside the learning centre and trading room within 24 to 48 hours to begin your learning and investment experience.

What happens if I need help and or I am frustrated?
Our support team are patient and professional and you are encouraged to contact them at any time you are not sure about something or you are frustrated about something to do with your Forex investing. LTG GoldRock appreciates everyone learns at a different pace and that you will likely have lots of questions, so please don’t be afraid to ask.

Do I need to take multiple trades every day to be profitable?
No you do not need to take multiple trades daily to be a successful Forex investor. Quantity of trading does not match quality of trading and whilst LTG GoldRock will deliver approximately 4 to 6 trading opportunities in the trading room on a daily basis you do not need to take every single trade to make money trading Forex.

What we strongly advise is that you develop your trading plan once you have learnt the various signal types. This could eliminate 4 out of 6 trades in a day as you may find that one signal type that we teach you fits your lifestyle best and you are happy to learn and trade that signal only. Or you may be someone who has time on their hands and happy to explore the charts with our advisors and enter multiple trades on a daily basis.

You will not know the answer to which signals you will learn and trade until you have been in the Learning Centre and trading room for a few weeks. Take your time, there is no rush and developing your signal plan is extremely important. You always want to know why you are taking the trades you are taking and not simply blindly following.
How much time is required per day?

One of the great aspects of Forex trading is that the market is 24 hours a day Monday to Friday and never sleeps. There will be a currency moving somewhere and a likely trade opportunity multiple times per day. Fitting your trading into a time frame that suits you is important however LTG GoldRock recommends that you spend a minimum of 4 – 6 hours per week inside the Learning Centre and trading rooms.

If you want to only look for trade opportunities that take only minutes a day to execute, they are taught to you in the Learning Centre, and there are other trades that take some more time to analyse too. There is no specific answer to the question how much time does it take, as there are constant investment opportunities in Forex 24 hours a day and the time it takes will simply be the time you are willing to spend. That can be 5 minutes or hours on end.

We want you to enjoy and embrace the experience Forex offers and we appreciate that everyone has different time constraints and work and family commitments to deal with. We will do our best to assist you develop a trading plan that ensures your time is spent wisely and you have a fun and profitable experience in Forex.

How long till I make my investment back?
Of course we would love to be able to answer this common question with a defined answer however everyone is different. Any new sport, career or endeavour a person takes on we all appreciate people have different learning curves and ability levels to pick things up. Investing in Forex and learning how to trade is no different so a set time frame is simply impossible to answer. There also is the question of your account balance size, how patient and discipline you are, and at what point in time in the future you will add to your account to increase the profit opportunity once you have sustained success with small amounts of money.

So we trust you appreciate that your investment in joining LTG GoldRock is a long term investment opportunity that we cannot pigeon hole an investment return into a set period of time.

Should I learn to trade or just copy you?
We strongly urge you to empower yourself and learn the strategies that we teach in the Learning Centre and Trading Room. To coin an old phrase, “you can visit the fish market once and buy a few fish to feed the family, or you can learn how to fish and feed them for free forever.”

Those traders who blindly follow and only copy our professional advisors usually end up falling into the trap of trading too much money, risking too much and not understanding the process of making money investing in Forex long term. They also don’t take responsibility for their actions and tend to look short term as a Forex Investor rather than long term.
Don’t fall into this trap of just only copying. Empower yourself, learn, and gain the experience and skill that could potentially change your financial future.

Who are the moderators and traders?
Our team of professional advisors have been chosen and selected not only for their success as individual investors and traders but because they are genuinely good people who have the empathy, understanding and professional approach and commitment to see our traders success long term.

If you would like to learn more about the advisors in the trading room and our trading room director please visit our www.ltggoldrock.com and click on About US. There is a comprehensive background and profile for each Senior Staff Member of LTG GoldRock as well as profiles of our Board Members and Chairman.

Can Forex help me get out of a financial problem quick?
You should never look to Forex to fix a financial situation or deliver you quick profits. Forex investing is for those who are looking at generating an investment vehicle that can pay them sustained long term steady profits, not short term quick fixes.

Am I in control of my money? How can I get it and how quick? Is it safe?
Yes you are completely in control of your money. Nobody touches your money other than you. Your account does not earn interest like a bank as you are in control of the investment, not the bank, but you can access your funds within 48hours and there are usually no entry fees, exit fees or administration fees on a Forex trading account.

Please keep in mind LTG GoldRock does not touch or invest your money, you do. Your account is opened with a Forex Broker through the Learning Centre however LTG GoldRock is NOT a broker, we are simply trainers and advisors working for you.

Why should I use LTG GoldRock’s preferred brokers?
You are of course welcome to use whatever broker you wish however the vast majority of investors who join LTG GoldRock would like assistance in opening their trading account and be directed to the same broker our advisors use who are licensed and hold all the relevant government approvals to operate and look after your money.

LTG GoldRock offer seamless process to open and fund a live Forex trading account through the Learning Centre however this is simply to assist and guide our members to ensure they are not left trying to find and open their account on their own.

Once you fill out the online account information which takes approximately 15 minutes the account will be activated and the broker will email you a bank account to deposit your funds and provides details of your account and how to access and trade your money.

How does the trading room work?
Every day LTG GoldRock allows its members an opportunity to join our professional advisors and mentors in a live web based conference facility. This is a state of the art online web based facility that is designed to allow LTG GoldRock members the opportunity to watch the live real time prices of the currencies whilst trading and learning with our team. There are currently 6 LTG GoldRock moderators on different shifts to ensure the online trading room is open 24 hours per day Monday to Friday. It can be accessed from any computer with a user name and password.

Each advisor has a minimum of one assistant that is there to help with questions from the members as well as keep an eye out for upcoming signals.

The purpose of this live online trading room is to allow members to view the real time price and chart patterns as they occur live and for our advisors to train LTG GoldRock members on how to recognise and enter these trades in real time. This provides an opportunity for LTG GoldRock’s members to learn the trading techniques and skills in the live environment.

When a signal is found on the live chart it is explained clearly to the members who are listening and watching, and the trading room advisor will call the entry price, and a recommended profit target and stop loss target. He or she will also enter the trade on the screen that is displayed through the online conference room so as you can see exactly what they are doing.

They will also advise on a risk % of capital on every trade and they train LTG GoldRock members on how to calculate 1% risk.

Once the trade has reached its profit target or stop loss the trade is recorded into our reporting system and posted on our web site at the end of the trading day.
Receiving a trade text alert.

Each trade that is recommended in the online trading room is also sent to the LTG GoldRock members by way of a text message to prompt them of the trade opportunity. This is sent within seconds of the trading room recommending the trade and is sent by one of the advisors assistants. LTG GoldRock members no matter where they are in the world will receive this trade alert which will advise the following.

Currency pair
Trade Type
Risk (eg 1% risk)
Entry price
Stop loss price
Profit target(s)

The LTG GoldRock member then has an opportunity to place that trade on their own trading platform within seconds of the official online trading room taking the trade. They will have the choice of placing the trade on their computer or mobile phone. The text alert is the prompt to tell you there is an LTG GoldRock official trade happening right now.

Yes you can link your mobile (cell phone) to your trading account provided you have a mobile phone that has Windows operating system or you can trade from an I Phone. If you are not sure if you have a Windows based operating system on your phone simply contact one of our Senior Client advisors and they will immediately within minutes be able to tell you if you do.

You do not have to be in front of your computer to place the trade on your account. You can use the same risk management, profit and stop loss targets just as you would use if you were logged into the trading room on your computer and place the trade on the phone.

Do you need to have an I Phone or a Windows based phone to trade with LTG GoldRock? No you don’t. You can use the text alerts to place the trade on the computer and you certainly don’t need to trade on the mobile to make money trading Forex. Please keep in mind it is a lifestyle opportunity rather than the sole way that you will trade. Many traders trade only on the computer and use the text alerts as a simple prompt so they can get on with their day in between watching the charts in the online trading room when the opportunity allows them too.

Forex trading is the most advanced and mature of all investment vehicles today and you can place trades from any computer provided you have the trading platform loaded on that computer or phone.

It is not recommended that you trade exclusively on your mobile phone, as you can’t learn to trade effectively and understand the systems and chart formations correctly on a mobile phone screen. However it will give you the opportunity to enjoy a lifestyle that you never thought possible and when you are out and about or away from your computer you can still take advantage of the signals that are available.

LTG Goldrock uses a platform called MT4 (Meta Trader 4) which is the most common trading platform for trading Forex. This platform can also be loaded onto your phone and by using the same user name and password the broker gives you, once you place the trade on the computer or phone you can then decide which device you wish to monitor the trade from. The trading platform is simply the instrument that we use to send the order to the market, and all traders use them. They are simple to operate and you can begin trading Forex using a simulation platform first without risking any real money.

How to understand LTG GoldRock signal performance
Each trade called in the trading room should be listed on the web site within 24 hours. The results will show the following information.

Type of Trade
Date and Time
Entry Price
Final result of the trade

If the trade was a scale out trade (this means part of the position sold at a certain price) the trade will list a Max pips and a Nett pips result. The Max pip’s simply means how far the trade went on the first target where part of the position was sold. Some LTG GoldRock members do elect to sell their entire position at the first profit target and this is why Max pips is listed. The Nett pip result is specifically what was recommended to all traders in the trading room. An Example of a scale out trade could be….

Entry Long EURUSD (this means we are buying EUR vs USD and wanting the Euro to increase in value against the USD)
Entry Price 1.3684
First Profit target 1.3734 sell 50% of your investment size
Second profit target 1.3784 sell the balance of your investment size
Stop loss target 1.3644 (this is where we would exit and minimise risk to 1%)

The first profit target is 50 pips and the second and final profit target is 100 pips. If we sell 50% at 50 pips and the remaining 50% at 100 pips we will Nett 75 positive points.

So the results on the web site will read Max pips +50 pips and Nett pips +75.

There many times that once the first profit target is hit, the members of LTG GoldRock are advised to move their stop loss target to the entry point of the trade. This is so we preserve capital and ensure that once a first target is hit we can no longer lose any money on a trade.

It is important to appreciate that some LTG GoldRock members do have experience in trading and not everyone elects to follow specifically what the trading room is calling. This may be because they have another system they have decided to trade in conjunction with LTG GoldRock’s system, or they have developed their own strategy. LTG GoldRock by no means has the mortgage on all the profitable strategies in Forex, and we welcome the comments we hear from our trading community that they have found a system or style that helps them make more money.

Tags: Learning and Trading with LTG GoldRock