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NEW
TRADER ORIENTATION
Congratulations on beginning your journey as a Forex Trader!
This document is designed to give you some basics steps you can
follow to get started with your education. If you need help,
contact the trader who introduced you to Trading Post FX, use our
Member Forums, or contact Freya at
freyaray@comcast.net.
Let us know if you would like to be added to the newlifeskill.com daily update email list. We are here to help!
Communications are a very important part of
learning and being supported. We each have our support system. It is
the company, key people in the company and team members who help
with what we do. And we must be in communication with everyone
to make our learning efficient. Be sure to make use of Yahoo
and/or MSN Instant Messenger. We update the News page on
www.newlifeskill.com
daily, and the news sections in your Trading Post back office are
updated weekly.
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Trading Post Getting Started Tutorials |
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Know where to find these,
they will be helpful to you. Login
to Trading Post FX by entering your
email and password. Then click on My Account
(above Quick Links), then Getting Started. |
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Trading Post's Live Online Beginner's Course |
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If you have already done so,
schedule for your live online beginner's course with
Trading Post. There are two ways to schedule a class. First,
when you register for your training with Trading Post,
there will be 3 class choices on the paperwork to choose
from. The second method is to log into the Trading Post
back office, look under Quick Links for Course
Schedule. Read the info, click Continue then
Add Me when you see what class you want on the
calendar. You should receive an email prior to Friday at
6PM ET (for Sunday and Monday classes) – if not, contact
the company at
604-909-3750 to make sure you are on the
list. Be sure to review sections 2 & 6 of Online Basic
Tutorial before class (see below in #3). On the day of
the training, you will log into your Trading Post back
office, click on Trading > Courses and
Education > My Course Schedule. A link will
be there (scroll right!) for you to click on to join the
class. Just come as you are - take this class a few
times or until you are totally bored with it! |
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Trading Post's 24 Hour Online Basic Tutorial |
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This is a recorded version
of the Beginner’s Course, and has the same information
as the manual you will receive in the mail.
Login to Trading Post FX, click on Trading,
then Courses and Education, then you will see
Online Basic Tutorials. You can access this and
learn anytime! Also, Trading Post asks that you review
Section 2 and 6 before your live online class.
(may need to hold down CTRL button to temporarily
disable popup blockers) |
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Trading Post's Interactive Learning Center (ILC) |
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This has much of the same
information as the Beginner’s Course, and is similar to
the Tutorial, but is more interactive (there are quizzes
and you can post notes to other students).
Login to Trading Post FX, click on Trading
> Courses and Education > Interactive Learning
Center. Be sure to introduce yourself in Section 1,
Lesson 4! |
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Download & Log Into FXCM Dealing Station (Trade Station) |
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Login to Trading Post FX, click on
Trading >
Getting Started, then on right side click on FXCM
Downloads. It's Version 2.0 and is 5.8MG. Click Download
and follow the steps. After you have downloaded this, it
will appear as an icon on your desktop. The login code
is the code that begins with the letter “U” in your
activation email from Trading Post. Password is the same
one you use to log into the Trading Post back office –
you'll learn how to buy and sell, set limits and stops.
(if you have any technical problems, you can contact
Trading Post) |
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Launch Web-based Charts |
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Your first four weeks of
charts are included with your Beginner's Course
purchase. The four weeks begins the first time you
launch your charts or 10 days from your activation date
- which ever comes first.
Login to Trading Post FX, then look under
Quick Links for Charts. You may need to
download Java first (link is right above Launch Charts
link). You will pick web charts or desktop - web charts
are recommended, but both are good - there's a chart
comparison in Trading Post's back office. You may need to
Register first. When you Launch Charts, four
charts will pop up (you may need to hold down the Ctrl
button to temporarily disable pop-up blockers). To start
with, keep the EUR/USD and close the other three.
Maximize the EUR/USD and practice the steps below.
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Change time
scale (at top, click on Time Scale &
Period, change to 5min/1day, then back
to Daily/6month)
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Change currency
pair (at top, click on File then
Change Symbol, change to AUD/USD)
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Strike
horizontal lines (click on Drawing
then Add Horizontal Line, click on
chart to add line, repeat Drawing/Add
Horizontal Line to make it stop. You can
grab the line now on the chart with left
click and move it around )
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Time of day is
across the bottom and price quoted on the
right is USD price that equals 1 Euro
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Launch duplicate
chart function (click File then
Launch Duplicate Chart). Now you have 2
of them, and you can make on a Daily/6month
chart and one a 5min/1day chart.
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Click View
then Change Background Color (helps
when we want to print screen)
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Know how to
screen print and save in Word (click
PrtScr on your keyboard, which copies
everything on your screen, then "paste" into
a new Word doc)
Start a 3–ring trading binder and add the
following items to it:
FX Weekly Report (login to Trading Post back
office, click on Trading > News and Updates
> FX Weekly Report. This is generally posted
Friday to prepare for the trading week that
starts Sunday at 2pm ET.
Pictures of trades taken and notes (a
trading diary). There's a great trading log
to keep track of your demo trades, at
www.newlifeskill.com under the Resources
tab. Look for "trading log" near the top.
This is super important to your learning
process!
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Trading Post Online Trading Rooms (OTR) |
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This is where we get our
daily training as we are learning this newlifeskill!
Your first four weeks of the corporate Online Trading
Rooms (OTR) is free...take advantage of it! The four
weeks begins the first time you access the Trading Room
or 10 days from your activation date - which ever comes
first.
Login to Trading Post FX, click on Trading
Rooms (under Quick Links). You will need to click on
Register for Trading Rooms before you will be
able to access the rooms. Once you are registered, click
on Enter Trading Room (choose appropriate room,
Advanced Members can access both Beginner and Advanced
rooms). Then click on Launch Primary Account. You
can type in the chat box, or use your computer headset
to speak - it's all online. You can privately chat with
others by right clicking on their name. If you have any
technical problems, you can contact Trading Post.
May 25th 2006: Monday - Thursday there are several
session every day...the Beginner Room is open 2am-4am
ET, 4am - 6am ET, 6am-9am
ET, 9am - 12pm ET, 8pm-10pm ET. .
Friday there are two sessions... 4am-6am ET, 6am - 9am ET, 9am -
noon ET |
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New Life Skill Website |
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Go to
http://www.newlifeskill.com and make this your
homepage, or at least bookmark it! This is our team
site, where you find a central location for daily news,
schedules and events. We update the news daily by 4pm
ET. The body for the daily news is what is available
to help you with the learning process and other updates.
The area on the right you will find important links.
Keep in mind that in the main body of the news, you can
always link to where you need to go. Ask the person who
referred you to Trading Post for them, or email Freya at
freyaray@comcast.net (include your Trading Post ID#) |
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New Life Skill Member Area |
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There is a link on the top
tool bar that says Member Area. You will need to get the
access codes from the person who referred you to Trading
Post or
Freya. This will take you to a page that has the
training sessions listed, Trading Post's Special Training
sessions, live meetings, etc. |
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New Life Skill Member Forum |
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In the right column of this
page, there is the Quick Links panel that contains the
link to our team forums - participate in the forums, ask
questions and contribute when you feel the inclination.
There are no silly questions on this team! You will need
to Register for the forums first (small link at top when
you first enter this area) and this will be another
username and password you will need to remember. |
Jump in, get involved, read, participate in the Forums, Online
Trading Rooms (OTR), and you will be on your way to
becoming a great FX Trader!
Remember, as a beginner, your first focus is to take the online
Beginner's Course, get familiar with the charts and trading
station, get into Trading Post’s Online Trading Rooms and make
your first 200 momentum trades. Click
here to go to instructions on Momentum Trading. Happy
Trading, and remember that we learn and trade as a team! Never
hesitate to ask a question!
Updated Oct 26, 2006 |
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