FAQs

• What am I doing here and why am I reading this?
  Chances are you're reading this because: 1) you're a disenchanted, unfulfilled Forex trader looking for a better way, or 2) you no longer take your 9-to-5 for granted and you need a home-based source of income to fit around your job. In either case, this might be a good time to book a complimentary call with Gordon Phillips. Click HERE >

• What is 'Convenience Currency Trading'? (CCT)
  Gordon created his CCT system to empower students to identify and place a Forex trade in less than 30 minutes a day. His system enforces strict rules to eliminate guesswork and emotion from the trading process.

• What are the tradeoffs, what's the catch?

THE GOOD:

- You acquire a permanent life skill taught by a professional risk analyst, trader and mentor.

- You learn to trade on the world's largest market, the Foreign Currency Exchange.

- You trade at your convenience only as time permits, day or night for no more than 30m.

- You answer to nobody. As an independent trader, you can NEVER be fired.

- You learn to spot a specific trade setup using only a single custom screen indicator.

- You learn to trade using a demo account, as you need not use your money.

- Upon funding a live trading account, Gordon suggests you only risk 1-3% per trade.

- Gordon has trained hundreds of students on his CCT system. 

- If you follow Gordon's rules, you will win 80% of your trades.

THE CATCH: 

- Gordon prefers you make 50 demo trades BEFORE funding an account with real money.

- Gordon's trade setup appears only 3-4 times a week, and 150-200 times per year.

- At a rate of 3-4 trade setups per week, it will take 3-4 months to place 50 demo trades.

- Project uptime is typically 3-6 months before funding a trading account.

- Students must be disciplined and willing to trust Gordon's system.

• What are the differences between your course and other courses?
  Traditional courses tend to focus on moving averages and exotic technical indicators like Alligator oscillators, Bollinger Bands, pivot points and RSI. They are all glorified moving averages that lag price action. But our method uses the only indicator that accurately predicts price action.

• Is Forex a good way to make money fast?
  No. Traders bent on quickly “making money” invariably lose. But traders intent on learning a system with a proven mathematical expectation of profit acquire a skill they own for a lifetime. We also urge students to NOT risk their funds in a live trading account until they demonstrate consistently profitable performance in a demo trading account.

• How long have you been trading Forex?
  Gordon began trading in 2000 and developed his first course in 2003. He then developed automated Forex trading software and his Convenience Currency Trading method in 2006.

• Why is your method better than other Forex strategies?
  Because our 100% rule-based system produces a mathematical expectation of profit over any reasonable period of time with minimal stress and screen time. You spend no more than 30m per day using just one easy-to-spot technical indicator, unlike other systems which typically require multiple indicators to first align before entering a trade.

• How is the course presented to students?
  Our course is taught via a webinar format on group ZOOM calls and all lessons are recorded for our students to playback and review.

• What if I don't understand something in the course?
  Send Gordon an email and he will reply ASAP. If necessary, you can also schedule a personal Zoom call with him.

• What can a student expect upon completing your course?
  You should expect to identify and place a trade in less than 30 minutes a day, and then be free to go about your normal daily activities.

• Isn't your 'divergence trading' system as old as the hills?
  Not the way Gordon teaches it. When done properly, divergence analysis is the only method that accurately forecasts price action most of the time. He teaches you to patiently wait for an opportunity to appear and then calmly place a low risk, high probability trade.

• What is the fundamental concept behind your system?
  Price is always out of equilibrium since it is driven by human beings through their collective expression of fear and greed. A crowd always overreacts and causes price to overshoot the mark. Just read 'Extraordinary Popular Delusions and the Madness of Crowds' by Charles Mackay.

• What schooling or educational background do I need?
  None. The CCT course is deeply immersive and will teach you everything you need to know to trade our method. Those who know nothing about Forex often progress more quickly since there are no bad habits to unlearn. Gordon has taught a single mom, several commercial airline pilots, a New Jersey tugboat operator and an Illinois pumpkin farmer to trade his method. It doesn't matter how old you are or what you do for a living. Teenagers who have already logged thousands of hours playing video games could also become excellent traders.

• What win/loss ratio can a student achieve using your method?
  After a few months of practice, most students accurately forecast price direction over 80% of the time.

• What indicators do you use to project the initial profit target?
  Gordon uses NO upper screen indicators. We draw horizontal lines as P&L boundaries at the exact points where our crossovers occur to ensure our risk parameters are rule-based rather than subjective.

• Can you summarize your system in just a few steps?

1) Spot a good price divergence setup using only our preferred indicator.

2) Identify a high-probability profit target.

3) Calculate your trade size and risk using our spreadsheet utility.

4) Place the trade, while adding STOP and LIMIT orders.

5) Walk away and check back later to verify if the trade has closed.

Students who follow our rules will win most of their trades and profit.