George smith

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George smithGeorge Smith | Forex Trading Made EZ Review

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George C. Smith is a living proof that you don’t need to work on a financial institution to understand how the currency market works. If you can follow his instruction, you can achieve success in forex trading as well. So, what’s this former pilot has to offer for you?

Forex Trading Made EZ Review – The System

The system is delivered in a membership site that you can try for 14 days for $4.95. The lessons delivered in PDF format and lots of really informative videos. Basically, you’ll aim for 20-25 pips of profits per day through several winning trades (yes, it’s scalping). You’ll identify an opportunity by looking at long term trend in 15 minutes chart, then take a small part of the trend by using 5 minutes and 1 minute chart. George prefers EURUSD, but you can implement his system in pretty much any currency pair.

The daily target that he suggests is 5%. If you do the math, you can make a $500 initial investment into $1,030 in 15 days. That’s $530 profits in 15 days, but that’s not the whole point. The point is you DOUBLE your money in 15 days, which means 1,000 will be 2,000 in the next 15 days and $2,000 will be $4,000 in the next 15 days.

Pretty impressive huh? Of course it can’t be achieved that easily as loss trades are inevitable. You’ll need to master the system and grasp a solid self control. 5% per day; no more than that. If you’ve reached it, you stop trading; that’s the rule George set to avoid greed from ruining the plan. If you can’t, don’t sweat it; no one can control the market and even George himself has had bad trading days.

Pros and Cons

Trading system that work

Continuous video lessons and daily trading page

Great motivational and trading articles

In my opinion, setting the goal to 5% per day might be too demanding for some people. If you can’t do it yet, don’t sweat it and just make sure you make consistent profits every day.

Here’s some chapters that you’ll find in the book: