Jim's recommendations 14.4.20

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RECOMMENDATIONS
I only recommend resources that I believe may benefit you and have full
confidence in myself. While the links are affiliate, in the end there are many
charitable causes I would like to donate towards and this is a way to do just
that. So if the products appeal to you, it would be great if you could help
'give back' by using the links that I have provided. This is a win-win for you
and them.
The orange buttons will take you directly to the sites >>
BROKERS
Forest Park FX
The main question I receive is regarding Broker recommendations.
This is one of my pet peeves as I believe there are many brokers out there
with a great looking website claiming to be fully regulated however they are
not, or not to a standard I would expect a broker to be. I am a big believer on
going with a trusted and fully regulated broker. I’ve been burnt before, so I am
talking from experience here. So when it comes to broker selection, no matter
where you live in the world, I strongly suggest that you contact Justin and his
team.
 Forest Park FX is an Introducing Broker.
 You contact them and advise them of your situation and they identify a
suitable broker that they believe will suit your needs.
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 This service doesn’t cost you anything at all as Forest Park FX receives
a small percentage of the spread when you place a trade with the
recommended broker.
 There is no increase in spread size or anything like that either.
.
The advantage to you is that you know it will be a reputable broker and if
there are any issues with the broker, Forest Park FX will deal with them on
your behalf. But that’s not all. There is also a very good chance that you will
also receive cash rebates from Forest Park FX, depending on how much
volume you trade. I have been a happy customer of Forest Park FX for a few
years now, where I do receive the cash rebates and I am very happy with
their service. It is a win-win for both parties in my opinion
BACKTESTING
Soft4FX Forex Simulator
I’ve also had a few questions regarding back testing and how to go about it.
And when I talk about back testing, I’m not referring to the MT4 Strategy
Tester, but more so using a simulator to forward test a trading strategy. Sure
you could use a demo account, but that could take weeks to get the desired
results, especially if testing on a longer time frame.
If you saw my hedging video at https://youtu.be/SPIEh0qUNn0 then you
would have seen my preferred simulator tester in action. It’s funny, as a few
days ago I did receive an email from the Forex Tester 3 people who wanted
me to promote their simulator. I had to knock them back as I am currently
using the Soft4FX Forex Simulator which is the one you see in the video. A
couple of things I like about the Soft4FX product are that:
 It is simply an EA that you load onto your MT4 platform, so it is not
separate software as such.
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 It has a one-off fee and very reasonably priced compared to Forex
Tester 3.
 It also gives you the opportunity to download much more accurate price
data from a couple of third party providers at no extra cost. This just
helps with the accuracy of the testing.
 And the main advantage of Soft4FX over Forex Tester 3 is that it works
directly off your MT4 platform and will work with the majority of your
custom indicators without having to convert them to a different
language as you would have to do with Forex Tester 3.
Not all custom indicators are compatible, but a lot of them are, including most
of mine. If you are serious about testing (and you should be) then this is a
great tool for the price and worth having a look at.
TRADE MANAGER
VTC Trade Manager
If you are a more skilled trader and need help managing multiple trades on
MT4, then this is a great piece of software. It has plenty of features and is
very handy at times. This is not something the beginner needs but if you are
serious about trading as a business, then software like this makes a huge
difference.
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TRADINGVIEW
TradingView
I’ve just moved over to TradingView to see what all the hype was about.
I can see the advantages of it. It still has some limitations with regards to
broker integration and a few other things I’m still getting used to. But I do like
the fact that it is web based and you can access from any device, and there is
a strong social trading aspect to it. There is a free version which has some
limitations, but may be worth checking out.
COURSES/TRAINING/MENTORING
Day Traders FX
I also receive many queries about trading courses, training as well as
mentoring. While I do try to help where I can, I can’t provide the full
commitment that would be required. However, one guy I know is very good at
this is, Jared Johnson.
I have purchased products from Jared in the past, including his Scanner and
his 15 min Course. I have also watched many of his weekly trading analysis
videos over the last few years, and attended some of his webinars. This guy
knows his stuff and is very easy to follow. He has a great personality and
explains things very well. He does have a free Telegram chat room, but also
a private trading room, where he is very active.
Jared does a great job explaining technical trading and if I was starting out or
looking for a trading coach/mentor, then he would be my man. I do believe he
even offers a free trial, so it may be worth checking out yourself and seeing if
this is something that would suit you.
That’s all from me for now. All the best with you trading!
Jim
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SOCIAL MEDIA
Jim has been on YouTube since 2009, so he’s been around for a while! If
you’re into Social Media, he has a YouTube Channel, active Facebook Group
with new and experience traders, Twitter and more recently he has started
using Telegram where he has both a channel and discussion Group. Below
are links to each.
JAGfx FOREX TRADING BOOKS ARE AVAILABLE ON
A VARIETY OF PLATFORMS INCLUDING:
Amazon (worldwide – links provided below), iBooks, Barnes & Noble,
Kobo, Inktera, Playster, Scribd, Tolino, 24Symbols, Overdrive
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REVIEWS
If you have gained value from Jim’s book/s, custom indicators or
communications with him, it would be great if you could take a moment to
leave a Review on the platform you purchased his book/s from. It doesn’t
need to be lengthy, but does help other potential readers know what to
expect.
Drop us a line with a link or screenshot to your Review so we can personally
thank you: admin@jagfx.com
Thanks so much.
Christina
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DISCLAIMER
This is designed to provide information that the author believes to be accurate on the subject matter it
covers, but it is sold with the understanding that neither the author nor the publisher is offering individualized
advice tailored to any specific portfolio or to any individual’s particular needs, or rendering investment advice
or other professional services such as legal accounting advice. Professional services should be sought if one
needs expert assistance in areas that include investment, legal, and accounting advice. There is a
substantial risk of loss associated with trading these markets. Losses can and will occur. No system or
methodology has ever been developed that can guarantee profits or ensure freedom from losses.
Additionally, this document is not intended to serve as the basis for any financial decisions, as a
recommendation of a specific trading system. Your personal financial circumstances must be considered
carefully before investing or spending money. No warranty is made with respect to the accuracy or
completeness of the information contained herein, and both the author and the publisher specifically disclaim
any responsibility for any liability, loss or risk, personal or otherwise, which is incurred as a consequence,
directly or indirectly, of the use and application of any of the contents of this document.
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