LONDON, May 26, 2015 /PRNewswire/ -- Institutional forex trading levels can be achieved through self-tuition alone, according to one of the world's most prominent forex traders and educators, Jarratt Davis.
Ranked as the second best performing forex trader in the world by Barclay Currency Trading Index, Jarratt Davis believes that institutional level trading can actually be self-taught, providing that traders have access to the correct online resources. Jarratt Davis is living proof. He taught himself a range of trading methodologies from online courses and programmes, before reaching the pinnacle of the forex industry.
"When I started my forex career, I was hoping for a profession that would help free up my time and give me financial security. Forex offers amazing potential for aspiring traders, as it provides benefits that other jobs simply can't compete with," explains Jarratt Davis.
"Many traders go into forex for the same reason - to increase their income. By doing this, they hope to achieve a more relaxed lifestyle. However, this just doesn't just happen overnight. Over a sustained period of time, traders have to consistently show institutional level results to acquire this type of lifestyle."
As a self-taught trader, Jarratt Davis has had access to a variety of online education courses which have allowed him to learn the essential principles of forex trading. They have broadened his experiences of popular technical and fundamental strategies.
"The amount of information available online can become a problem. This is what many inexperienced retail traders face today. Before they've even started, it can become easy for traders to become overwhelmed and feel the need to give up. When I started my career it wasn't easy, but the truth is that success takes time. I experimented with a variety of technical and fundamental analysis tools when I began trading. Over time I eventually found a method to suit me," adds Jarratt Davis.
"During the early days of trading, I had to endure a lot of trial and error. I finally started generating the level of profits that I wanted when I developed my own strategy based on fundamental analysis. Due to my consistent success in forex trading with my self-taught trading strategies, I began to attract the interest of global investment funds."
Jarratt Davis has launched a free four hour video series, where he shares his methodology and highlights common mistakes that can damage a trader's profitability. Novice traders are able to use this video series as a starting point in helping them understand the principles of institutional trading.
There are three major concepts of forex trading which are crucial to successful trading. This four hour video introduces them all: understanding fundamental analysis, risk management and trading psychology. Novice traders who are struggling with entry-level difficulties and obstacles can transform their profitability in the long-term by using these strategies.
"I want my free educational video to help people correct trading habits that are causing them to lose money," explains Jarratt Davis.
"I have been teaching forex for over five years and during that time I have noticed that natural feelings and emotions can play a huge part in a trader's success. Most traders find it difficult to remove their emotions when making decisions - they share the same ambitions and anxieties. However, if a trader is serious about gaining a consistent run of profits, they must be able to tune into the sentiment of the market and rise above their emotional reactions."
Thanks to this approach, Jarratt Davis has beaten the stock market every year. Due to his success, many traders wish to sign up to his educational courses.
"I have a level of personal freedom that many other careers simply don't offer and it's something I'm extremely grateful for. I feel so lucky to be able to share my success with thousands of aspiring traders, getting a chance to provide them with the forex insights they need to become successful," adds Jarratt Davis.
The main focus of the free educational series is to help traders avoid money-making scams. Jarratt Davis shows traders how to avoid these scams which many inexperienced traders are often exposed to.
"The retail forex market is full of scams and fake traders unfortunately.They claim to produce life-changing results, but they have no evidence to back their claims. The truth is, there isn't a 'Holy Grail' trading system that works all the time. It takes hard work and time to create a trading system to suit you," explains Jarratt Davis.
"When researching courses inexperienced retail traders should be wary. They should avoid any course that claims to offer a quick-fix solution for a large amount of money. My free course gives traders develop their own trading strategy, by giving them accurate insights into how institutional traders work and make money from currency markets."
Those who wish to subscribe to view the free educational video series should visit JarrattDavis.com and submit their name and email address.