4XLosAngeles.com February 2015 Meeting
4:30 pm Welcome/Disclaimer Larry Velardi
Please switch your cell phones to vibrate and mute your computers
Free Currency magazine http://www.currencytradermag.com
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Meetup Page with downloads: http://www.meetup.com/4X-Los-Angeles-Currency-Trading-Club-Meeting-in-Brea-CA/
Upcoming Events:
4 Hour and Day trading: Live Trading (The Tom, Dick and Larry show):
Monday Feb. 9 at 9 pm Thursday Feb. 12 at 10:30 pm
Sunday Feb. 15 at 9 pm Thursday Feb. 19 at 10:30 pm
Monday Feb. 23 at 9 pm Thursday Feb. 26 at 10:30 pm
Sunday Mar. 1 at 9 pm Thursday March 5 at 10:30 pm (?)
Monday Mar. 9 at 9 pm Thursday March 12 at 10:30 pm
Next Live Meeting Date: March 8, 2015 at the Brea Embassy Suite at 4:30 pm February Meeting Discussion:
4:35 pm First off, Tom Rogers has refined his Bubbles and Simple Systems to an easy to use and understand template. After Tom fills us in on what he is up to, we’ll look at some past trades and live charts, asking some folks from the audience to get hands on and place trades using Tom’s latest Template, the Scrubbing Bubbles! This should be a fun learning experience and everyone should leave the meeting with a valuable tool to use in trading. Last Thursday in our live, online webinar, we took a trade at the start of the session and by the finish two hours later was up 85 pips. Then we followed up on Monday calling a trade during our Market Survey seminar that produced 285 pips by the next morning. You’ll want to see this and how easy it was to find these trades.
5:45-6:00 pm Break
6:00 pm We are also reprising the presentation given to us by Vernon Baptiste, a CPA and income tax professional from Pasadena. Mr. Baptiste talks about several strategies to lessen our tax burdens and also set up professional corporations to protect ourselves from disasters like the Swiss meltdown. We know that tax talk isn’t as exciting as the newest trade strategy, but if you are serious about running a trading business, you need to hear this.
And speaking of money, if time permits Dick Schmidt will present his strategy to size his trades and also protect his account from disasters like the Swissie or evil brokers like Peregrine. Learn how to protect yourself at least to some extent and keep your brokers thinking you are just lucky, not skilled.
As always, we will meet at the Brea Embassy Suites in Brea, located at 900 E. Birch St. After the meeting we will repair across the street to TGIFridays for more informal Forex discussions, as well as unpredictably far ranging variety of other topics. Everyone is welcome to join us and partake in half priced appetizers and excellent conversation. Many of our best concepts come from ideas that first surface during our after meeting meal.
7:00 pm Meeting Ends 7:30 pm Dinner across the street at TGIF
Risk Disclosure: NFA (National Future Association)Trading Spot/OTC Foreign currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. Because the risk factor is high in Forex exchange market trading, only genuine "risk" funds should be used in such trading. If you do not have the extra capital that you can afford to lose, you should not trade in the Foreign exchange markets. You must be aware of the risks and be willing to accept them in order to invest in the Forex markets. No "safe" trading system has ever been devised, and no one can guarantee profits or freedom from loss. Unique experiences and past performances do not guarantee future results! Nothing in our live presentations, training courses, website, or other materials shall be deemed a solicitation or an offer to Buy/Sell currencies in Spot/OTC Forex Markets. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed or presented in any manner. Also, the past performance of any trading methodology is not necessarily indicative of futures results. Foreign currencies trading involves high risks and you can lose a lot of money.
CFTC RULE 4.41: (CFTC = Commodities Futures Trading Commission)
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN OR DISCUSSED HERE, TRAINING MATERIAL, PROMOTIONAL MATERIAL OR ANY RELATED SERVICES. OUR COURSES, PRODUCTS AND SERVICES SHOULD BE USED AS LEARNING AIDS ONLY AND SHOULD NOT BE USED TO INVEST REAL MONEY. IF YOU DECIDE TO INVEST REAL MONEY, ALL TRADING DECISIONS SHOULD BE YOUR OWN AND ARE SOLELY AT YOUR OWN RISK. Future Dates: April 12, 2015 May 17, 2015 June 14, 2015