From: The Trading Desk of Peter R. Bain
Updated: April 20 , 2006
Re: "Know Where You Live" Risk Management Toolkit
Dear Forexmentor Member,
Many trading books tell us to implement a risk management plan, but we've yet to find risk management plan in any of those books. This is why we are so excited to announce the availability of this incredible risk management toolkit to our members.
Our members Seth and Robert have been working for several months now to implement this amazing management tool called "Know Where You Live". This is powerful Microsoft Excel Spreadsheet designed to effectively help Forex Traders manage their risk in a systematic and structured fashion. It is the first program of its kind and will keep you focused on reaching your financial goals by trading the Forex.
The toolkit will help you to establish yourself as a successful consistent trader. It gives you the tools to effectively plan and manage every trade and your profits and losses. The program promotes a methodical, logical way of interacting with the Forex market to help give you a psychological advantage while you are trading. It is a set of tools to help you move forward in your trading with confidence.
Click for Video Preview
Your program "Know Where You Live" answers all of questions on money management. You have helped me immensely. God bless you and the Forexmentor team.
William Jones
Philadelphia, PA
Hey Seth,
I wanted to thank you for allowing me to test-drive your “Know Where You Live” system. In a short period of time it has given me a method of helping me understand the importance of equity/risk management and goal setting in trading as well as the psychological effects of trading in a less stressful environment.
Of course I knew about these concepts when I first started trading the forex but I found there was so much information to absorb in the beginning that I did not focus nearly enough on these very important aspects of trading. I found the explanation in your video to be very straightforward and the spreadsheet was so easy to understand and use. In short, I think it is fantastic! I find it to be a systematic and methodical way to build the value of my account with much less risk and stress. The weekly targets are very reasonable and since receiving the spreadsheet, I have without question traded with much less worry. I know that if I continue to exercise discipline with good equity/risk management using this system, I only have to look for good set-ups and I do not have to gamble or take any excessive risk in any trade. I know that achieving my weekly goal will build my account with consistent profits to a predetermined level over time.
I have found that trading the forex is not a get rich quick scheme which is contrary to what many people believe. It takes time, discipline and hard work to learn the skills and gain the knowledge necessary to succeed long term in this business. Without a doubt, your “Know Where You Live” system will be an integral part of my trading plan as I am sure the importance of equity/risk management will only increase in time and in direct proportion to my account size. Again, I thank you for sharing your system with me.
Best regards,
Dennis Kamitomo - Lethbridge, AB
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Tool Kit Includes:
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Full Excel Spreadsheet Program (16 megs) |
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Risk Management Training Videos |
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User Guide |
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Pivot Calculator |
Minimum System Requirements
| Disk Space: |
50 MB Free Space |
| Operating System: |
Windows system capable of running the following versions of Excel |
| Microsoft Excel: |
Excel 2002, Excel XP, Excel 2003 |
| Security: |
This product requires that Microsoft Excel's macro security settings to medium |
** BONUS 1 **
Trader's Organization Video
Method to organize your forex materials - Most traders take lots of notes and screen shots and complete a lot of homework. However, many times the have trouble locating these materials once they have created them. For this reason, we introduce an organizational method that help many traders to get organized.
** BONUS 2 **
Trader's Weekly Log and Trade Psychology Tracking
Using the weekly trader's log is a way to further keep yourself organized and structured in your trading. It will help to develop your discipline as a trader. You will get a Word document so that you can store all of your trade data in one place. You will also receive a Training Video for this bonus item
** BONUS 3 **
Personal Trading Plan & Trader's Play Example
Outline of what you should include in your personal trading plan
Use this as a guide in developing personal trading plays.
Peter R. Bain
forexmentor.com
$149
limited time member price: $99
Shipping and Handling Extra
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LIMITED SUPPLY
Order "Know Where You Live" Only
To order by phone:
North America Clients: Please call Toll Free: 800-516-0234
International Clients: Please call: +1-604-953-0234
G'day Peter,
This is Wayne from the beautiful Sunshine Coast Australia.
Just would like to comment on how powerful the Know where you live programme
is. It has certainly clarified where I want to be with my trading account at
any given time in the future. It has shown me that you only need small
slices of the Forex cake to turn a small mini account into many millions
over say two years. I trade only twice a week and take only 20pips profit
per trade. This returns me 9.4% return on balance per week which calculates
a return per month of 39% compounded on the EUR/USD. I would encourage
anyone out there to type these figures into their Know Where You Live
programme and they will see what I am talking about. Combined this with
everything I have learned from you and it has taken all the stress out of
trading as now I only commit to a trade when I have 95% or greater odds in
my favour.
Thanks heaps Peter for all your help.
Cheers Wayne
Sunshine Coast Australia
Congratulations Robert and Seth,
I received my “Know Where You Live” package today. Its great piece of work and a must have. Everything is laid out before my eyes. It really focuses me on what I am trying achieve and does a lot of the brainwork for me. Basically I know where I am. The extras are great as well, just what I needed.
Many thanks,
Phil Snow - Sydney, Australia
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