Introduction: Who is John L Person?
John L Person is a renowned trader, author, and educator with over 30 years of experience in the financial markets. He is the founder and president of NationalFutures.com, a trading advisory service that provides real-time trade recommendations and market analysis to traders worldwide. Over the years, John has authored several books and courses on trading, including the “Forex Conquered” course, which we will be reviewing in this article.
What is the Forex Conquered Trading Course?
The Forex Conquered Trading Course is a comprehensive online course that teaches traders how to trade the forex market using John L Person’s proven trading strategies. The course consists of several modules, each covering a different aspect of forex trading, from technical analysis and charting to risk management and trading psychology.
Module 1: Technical Analysis
The first module of the course focuses on technical analysis, which is the study of price movements and chart patterns to identify trading opportunities. John L Person teaches traders how to use various technical indicators, such as moving averages, oscillators, and Fibonacci retracements, to analyze the market and make informed trading decisions.
Module 2: Charting
The second module of the course covers charting, which is the visual representation of price movements and trends. John L Person teaches traders how to read and interpret different types of charts, such as candlestick charts and bar charts, to identify key support and resistance levels, trend lines, and chart patterns.
Module 3: Risk Management
The third module of the course focuses on risk management, which is the process of minimizing potential losses while maximizing potential gains. John L Person teaches traders how to set stop-loss orders, manage their trading capital, and avoid common trading mistakes that can lead to losses.
Module 4: Trading Psychology
The fourth and final module of the course covers trading psychology, which is the study of how emotions and mental states can affect trading performance. John L Person teaches traders how to develop a disciplined and focused mindset, manage their emotions, and avoid common psychological traps that can lead to poor trading decisions.
Pros and Cons of the Forex Conquered Trading Course
Like any trading course, there are both pros and cons to the Forex Conquered Trading Course. Here are a few that we’ve identified:
- Comprehensive: The course covers all aspects of forex trading, from technical analysis and charting to risk management and trading psychology.
- Proven Strategies: John L Person’s trading strategies have been tested and proven over many years of trading, making them reliable and effective.
- Accessible: The course is available online, making it accessible to traders worldwide.
- Expensive: The course is relatively expensive compared to other forex trading courses on the market.
- Advanced: The course is designed for intermediate to advanced traders, so beginners may struggle to understand some of the concepts.
- No Guarantee: Like any trading course, there is no guarantee that traders will be successful using John L Person’s strategies.
Conclusion: Is the Forex Conquered Trading Course Worth It?
Overall, the Forex Conquered Trading Course is a comprehensive and effective course for intermediate to advanced traders looking to improve their forex trading skills. While the course is relatively expensive, the proven strategies and comprehensive coverage of all aspects of trading make it a worthwhile investment for serious traders. However, beginners may struggle to understand some of the concepts, and there is no guarantee of success, so traders should approach the course with realistic expectations and a willingness to put in the work to succeed.