What I Do

"Let me show you how to make your money work for you & have fun doing it."

I will teach you how to trade on the Forex (Foreign Exchange) and Commodities markets. I'm a mentor, not a broker. I will help you set up your own trading account and show you how to grow your money whilst understanding and enjoying the process. And you can start with as little as $500 to invest.

Why spend thousands on an online course via a company that has no interest in whether you succeed or fail? Learn hands-on with one-on-one tutoring on a virtual trading platform, and be trading live successfully in half the time!

I will help you with the most effective, straightforward ways to trade the markets, filter out all the false indicators, and refer you to informative websites that don't mislead, allowing you to become a profitable trader in a short time.

Invest in personalized instruction with me and become savvy with Forex trading for your future.

Trading

Personally, I have always been attracted to the financial markets and until recent times we had limited access to them. We had to make an appointment with a financial advisor or share broker. Consequently, most of us just put our money into a PIE portfolio with an insurance company or bank and forget about it, allowing the large institutions managing our money to invest offshore, or use our money as collateral to gain entry into global equities and reap the largest piece of the pie.

Stock market trading chart showing candlestick patterns

Alternatively, in the past we needed a minimum of $10,000 to buy shares in any commodity along with the overheads the share broker charges for the transactions and annual fees. This made it unattractive for a lot of household investors and we stuck to our local savings bank and superannuation schemes.

Today

Over the last decade we have seen the introduction of a number of online brokers that allow us to enter a contract to either buy (the chart goes up), or sell (the chart goes down), any instrument, be it currencies, commodities, or individual companies listed on the stock exchange.

Your local bank (such as ANZ or ASB) can now provide you with a DIY platform to access securities over local stocks with as little as $500.00. Forex DIY broker platforms are also readily available and give you instant access to a four trillion dollar per day liquid market that you can enter and exit at the push of a button from your own PC or laptop computer. Most brokers are regulated by bodies such as the FCA or FMA and your funds are segregated into a top tier bank account to add to your security.

Micro Accounts

Accounts from $1,000 to $50,000 can be established online and you can be trading in the global markets immediately. This is where I stress that anyone wishing to try their hand should seek advice on the ins and outs so they don't go through the pain of losing money in what can be a great vehicle to profit lucrative returns from your own money that can do better than leaving it in a savings account at low interest rates.

Of course nothing is guaranteed, however, it's very probable to achieve 20 to 40 percent on your investment annually if managed properly. As the long-standing adage remains: "Never risk any more than you can afford to lose."

Micro account trading setup showing portfolio management

On that note, we all are conditioned to losing money by paying for cars that depreciate, clothes that we discard after a year, etc. Imagine if you gave up your daily latte, or your streaming subscriptions for a year. The savings are incredible! We spend close to $5,000 per annum on luxuries that are not necessary.

My Point

My point is, as we can afford to lose it by spending it on unnecessary extras, it's very easy to invest that amount in a trading account to trade it for profit. Of course we don't plan on losing our money, but my message is that we must be of the understanding that we are entering markets that carry volatility and risk, hence there is a possibility of loss.

My Role

My role is to help you understand and ensure you take the necessary steps to educate yourself, and minimise your exposure to avoid an account blowout. It's not hard, but it requires patience and discipline. Allow the market to come to you.

90% of traders fail as they forget the golden rule: "Don't trade when the market is moving. Wait until it is still." Chasing a forward market is a recipe for disaster. Trade when the market gives you the signal, not because you think it's going to continue in a certain direction. There are a lot of psychological barriers to overcome, and that gives us the edge we need. Emotion kills our rational mind, and mistakes occur. We must be smart, and be careful to not become a gambler, but instead become the sniper.

Market Makers

Market Makers are the retail brokerages that provide you and I the opportunity to benefit from the world's largest Commodities, Indices and Currencies without owning a single share. We simply enter a contract known as CFD (Contract For Difference). These contracts allow us to enter and exit any market, on any day of the week (excluding weekends) with any measurement of available capital in accordance to margins set within our financial account from 2% to 20% and leveraged from 100:1 to 500:1. It's very flexible and can be tailored to suit any size account without exposing and risking any more than we choose on any particular instrument we trade.

There are other Broker Platforms (such as Binary Options Trading) that also have the potential to be very lucrative. However, CFD will provide you with the most effective and proven vehicle to control and manage your capital with minimal risk and very little time in front of the monitor so you can go about your regular activities and let your money work for you.

I will guide and assist you to set up your own individual trading account to trade in the Forex and Commodities markets. I will teach you a number of strategies and methods, along with strict rules to adhere to, so you can achieve a year-end result that is better than leaving it sitting under a pillow, depreciating against current rates of inflation.

So why sit on the sidelines? "If we can't beat them, then join them" is my motto. Make your own money work for you to keep up with inflation and be ahead.

Resources

CMC Markets (Live)

CMC Markets live trading account.

CMC Markets (Demo)

Demo account with CMC Markets.

Bloomberg

Bloomberg Live News Feed.

Forex Trading

Introduction to Forex Trading.

NZ Herald Article

"Try your hand at Forex Trading" by Diana Clement.

Millions By The Minute

Documentary about forex trading.

CFD Trading

Introduction to CFD Trading.

Live Trade Example

Screenshot of an AUD/JPY live trade from Chris Eagle's trading platform
AUD/JPY Live Trade Example

Further Information

For any further information or assistance please call or email me directly to discuss the opportunity to become a Forex Trader.

I'm always available to chat and offer my opinion toward an achievable result to suit your current status.

Disclaimer

I am not offering financial advice or a broker service. All funds are held with an independent broker that is regulated under section 77P(1A) of the Financial Markets Authority. My sole role is to teach how to analyse and read forex charts as well as guiding you on using a broker's platform. All financial management and decisions are at the discretion of the user performing the trading on any specified broker's platform. Forex Trading carries risk and is the responsibility of the operator.

Contact

(+64) 027 474 4724

[email protected]

www.chriseagleforex.co.nz

Chris Eagle
P O Box 15156
New Lynn
Auckland 0604
New Zealand