One of my goals this year was (and is) to take my Stock/Forex trading business to a new level. One of the key objectives therefore was to create and implement a plan for asset protection. I accomplished this by taking the first step earlier in 2009 by incorporating my business. This I believe is necessary for any Active Trader who is serious about making a living in these crazy economic times. You just can't have enough tools for preserving your hard earned money and that is what asset protection is all about. This should be a foundation for good planning and business development even if your trading business has only one employee -- you.

Now, expanding on that theme, I decided that I would like to help others who are getting involved in the Markets protect their assets by promoting methods that encourage a more disciplined approach to trading. Something I think is lacking in the trading community at large -- especially where newcomers are concerned. For that reason, I am currently involved in developing a new site called Forex Beta Testers. I also have something in the works for new Stock and Options traders down the line, but I feel the time is right for Forex because there just seems to be a proliferation of bad information (and bad trades) in this market.

Fact: 95% of Forex Traders lose money.

Do you think there's a market for a better way to trade Forex? I think so.

Forex Beta Testers will set out as a select group of professional traders dedicated to and passionate about educating the trading community at large. No doubt, trading Forex can be a daunting task even for those who call themselves advanced traders. We are going to help beginners, as well as seasoned traders better understand and utilize advanced, yet simple tactics to maximize profit potential (and minimize loss) no matter what market conditions exist in Currencies.

Of course, there are never any guarantees that a trading method or methods will work 100% of the time. That would be an unrealistic assumption. However, there are ways to improve your winning percentages and protect against excessive loss. Through some very unique and recent Forex trading discoveries brought to the fore by my mentor, Bill Poulos; a 35-year trading veteran, the goal is to assist Active Traders in their quest to become successful INDEPENDENT traders. 
  
The new site is live, but please keep in mind it's definitely a work in progress. I guess you can say the Forex Beta Testers are still in beta!