By David Rodriguez, Quantitative Strategist

- Euro at potentially significant sentiment extreme versus Dollar, Yen

- Gold prices at make-or-break levels as sentiment most extreme since last crash

- US Dollar likely made a lasting turn higher

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Andrew Mitchem, full time Forex trader and Forex coach shares his journey from Dairy Farmer to Forex Trader.

As you probably well know if you've been trading Forex (or any other market) for a while, making money consistently is a much harder process han most people make it out to be.

Originally a dairy farmer, Andrew started trading Forex in 2003 and is a self-taught trader.

This book takes you through Andrew's journey so far and along the way he has developed trading strategies, tips and ideas that he will pass on to you which will help short cut your own learning process - saving you time, money and tears along the way.

"From Dairy Farmer to Forex Trader" proves that anyone can become a successful Forex trader if you have the perseverance and determination to succeed.

Discover the ups and downs of Andrew's journey and be inspired to become a profitable and successful Forex trader yourself.

[ Get The Book Now. Free for the next 24 Hours! ]

By Rob Booker - Posted On: Apr 15th 2014 

If you are a 24 year old college graduate, and you get hired to work at the National Futures Association as a regulator, here is what you are supposed to do: Look through all the shitty marketing material that brokers and introducing brokers and commodity trading advisors put out, and then you are supposed to delete any phrases that appear to be “promissory in nature.” Your job is to regulate.

So what are you going to do all day long? You are going to get all up into the business of good men and women who work in the financial industry. You are going to inspect their marketing with a pair of rubber gloves, and it’s not going to be pretty. Are you doing this because you were born an asshole? No, you are doing this because it is your job. And you are 24 years old and it’s not like you have the power to change the regulations.

The people who work at the NFA are good, hardworking, honest people – and they want to protect American traders from shady, dirtbag money managers. They want to protect Americans from the guy who promises his church group he can make 4% per month, and all he really knows how to do is lie to his church group, and he ends up losing 27 million dollars that could have gone to buy food for orphans in Haiti. The NFA is worried about that guy. So stop just being generally mad at the NFA.

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Trader's Podcast

For Episode 241, your host Rob Booker brings us a memorable solocast. A trader named Andy Russell recently wrote to Rob and asked how one successfully trades for a living. Rob answers.

He addresses Andy about transforming a 50/50 proposition into a winning proposition. Rob also gives four recommendations that make trading sustainable for the long-term. And Rob talks about how important it is not to close winning trades too fast. If you’ve been struggling with trading for a living, this episode is not just for Andy Russell, it’s for you! Thanks for listening.

[ Listen to The Podcast Here ]