Forex Kong is the “trade name” I adopted through time spent in the financial blogosphere, apparently best describing my general attitude and aggressive trading style. I am a professional currency and equities trader originally from Canada, currently living on the beautiful Mayan Riviera in the glorious and sunny Yucatan area of Mexico.
I say “professional” in that I trade full-time for a living – and have done so successfully, for the past 8 years. At risk of creating a complete and total “media frenzy” ( by way of supermodels worldwide – descending on Mexico like swarms of hungry locusts ) my handlers have suggested that my identity ” remain anonymous” for the time being.
Forex_Kong_Lives
My trade strategies are varied and complex – but are generally centered on a firm grasp of market fundamentals, coupled with an extremely accurate proprietary technical system.
My Premium Members Services brings both concepts together. Allowing short term traders ( as low as the 5 minute time frame ) to take advantage of the technology as well offering long term investors weekly reporting, intraday commentary, fundamental analysis of forex, gold, futures, stocks, options and bonds – all from a truly “unique perspective”.
In achieving financial freedom through trading myself, I hope this blog serves as “somewhat inspirational” to others – as I have always believed…”if you put your mind to it…you can achieve anything”.
I wish all of you the best of luck – and look forward to trading with you in the future. Kong……………gone.
I’m sure you get this all the time, and I don’t want to waste your time. I am interested in exploring currency trading. For a complete newbie, I was wondering if you could make educational or “self-help” book recommendations? College class recommendations, etc., would be helpful, as well. I have no interest in trading until I understand what is going on. I found a site sometime back that lets you open a fake training account, funded with something like $10,000, where you practice trading to get a feel for the process. It offered basic instructions, but not real strategy. Pointers? An area for newbies on your blog would be greatly appreciated. 😉
Hi Mary.
Unfortunately I can’t think of a single book/ebook/ to recommend (as I’ve never read one) – but above all – most certainly advise starting a demo account as soon as possible. The sooner you start observing currency movements in real time (and by all means placing trades /watching how they progress ) the better!
I would advise starting at the absolute beginning, taking your time , and moving through from one concept to the next while observing/practicing in your demo account.
I use the Metatrader4 platform for all of my charting / analysis. It’s completely free, and very straight forward.
Mary.
It’s highly unlikely that I would start an area for beginers/newbies – but encourage you to field any questions you have in the daily posts area for “comments/replies”. Hopefully we will have a large community of traders soon, and you can draw on the experience of others as well.
There are no silly questions! So please – just ask!
What is your estimated time when you will have your trading system in place for subscribers?
Hi Jerry and thanks for asking.
Admittedly I’ve also enjoyed a bit of leisure time over these quiet summer months and have not pushed on with the paid service.
It’s a tricky thing really – as you can’t just go and alienate your home crowd with the sudden introduction of “strictly paid services” with any real expectation of it “taking off for the moon”. I’ve enjoyed the blogging so far, and hope to continue attracting readers. The trading side of things will most certainly require far more commitment, and a lot more work.
The “technical piece” has been done for ages – its the “Kong” piece I’m still working on.
Thanks again for your interest.
Buenos dias señor Kong, Thanks first of all for your comments!
I was wondering which FX broker you favour when you execute a trade.
Cheers,
un monito de la vieja Albion
Hi Alex.
I use the Metatrader 4 platform , as well Think or Swim for alot of my charting, and then “another” broker for my order entry.
I’d rather not name them Alex – sorry.
Fancy catching a gorilla here… Good to see you’re doing so exceptionally well, SR! I can see this going further than Razor’s Jack. All the best, dude! Love your tag line and love your willingness to educate and share your knowledge. I’ve subscribed 😉
– Hedgehog
Interesting. So you intend to sell your trading system. If so when will this happen and can you spare some more details regarding this system? I’m just curious, that’s all. Best of luck to you!
Hi Alan,
I plan to launch a paid members service yes – but not “sell” a system. I don’t really believe in systems as such, as markets are dynamic and always changing – although my shorter term entry /exit alerts programming is very effective, the trade management and money management will likely always be left up to the individual. What I think might work – is a couple of download indicators/tech, and a well supported members area / live trading type area – where trades can then in turn be discussed and managed.
Any thoughts?
I think that’s a wise way to do things. If you can impart a bit of trading wisdom along with a system to get them started then you’d do any would-be trader that signs up a huge favor and put them on the right path to making it into that very small percentage of successful traders.
Hi Alan.
Thanks alot for the input – I won’t be particularily interested in holding anyones hand so….I do need to consider the right direction to take.Obviously being a successful trader takes alot more than a couple indicators on a screen so – I’ll see what I can do about setting this up correctly.
Ad it stands the blog has been great – and I plan to continue concentrating on the trading and the writing.
thanks for your blog, i learn a LOT till realize how much i miss correct information.
Waiting u’r paid member service .. cheer
Tio.
Thank you – and please…just take your time. I don’t write / speak very clearly at times so please….just ask questions and I will do my best to answer OK?
thanks for your blog, i learn a LOT till realize how much i miss correct information.
Waiting u’r paid member service .. cheer
On your post, u wrote : to discern which is which a.k.a what market state currently is?
but i still not quite sure how answer this questions : is it risk on? – or risk off?
And in another post you mention “one needs to look across the board at a number of currency pairs, and evaluate which are indeed exhibiting strength – broadly”. The question is what currency pair to look at in order to get better grasp what market mode currently is.
Sorry if my english not good
Tio – your English is fine.
There is no “single pair” you can look at to decide “risk on or off” BUT – watching the Australian Dollar AUD is and excellent place to start.
Personally – I look at the SP 500 as the largest measure of global risk appetite, and in turn watch all the major currencies to see if money is flowing in or out of the safe havens. If U.S stocks are going up risk is “still” on.
Hey Kong,
I like your blog and writing style, is there a way to contact you privately?
Jack.
Hi Forex Kong, I am a keen follower.
I represent Atom8, we are a new ECN FX Broker, based in London and authorised by the Financial Conduct Authority. Wondering if there would be any synergies.
We are a new broker, very flexible and keen on working closely with our partners for mutual benefit.
Let me know your thoughts.
Best,
Anish
I’m looking into additional accounts and specifically with brokers in other countries so….
I’ll drop you an email, and have a look at your site.
Thanks for letting me know Anish.
Hiya, does somebody have any genuine opinions of the Forex Megadroid computer program? The various opinions online just look to be affiliates.
Thanks for the tips
Hi is your forum still active I have subscribed and signed in but cannot access the members forum
I need to find a broker
HOW DO I INVEST ?
You need a broker / trading account to start chief.
Many online……Think or Swim a great platform……Questrade in Canada is also good.
Crypto wise…….coin base perhaps….binance.com……and in Canada quadrigacx
“Holy Mackerel Andy!”…”Gorillas???”…”Hedgehogs???”…Seems to be a whole lot of animals still roaming the wilds…guess it really is a jungle out there…*Love the Mayan backdrop~eh!*…Hey…
“What’s Mayan is Mayan…
What’s yours…
is Mayan too!
Ha!” …LOL!
Keep ridin’ that wave…
what can I say…”Surf’s~up!”
Hi Forex Kong, I am a keen follower.
I am Bdm from PUPRIME, Puprime broker holds license of CYSEC (Cyprus), FSA (Seychelles) and SVG etc that your capital and account are safe and high quality protection. Puprime offers many products trading as FX, commodities, indices, cryptocurrency and others with low spread, low slippage, leverage of 1:500/1000 and stable server & trading environment. We do provides clients with various flexible deposits or withdrawals ways and multiple base currency options. Puprime also provides PAMM and MAM fund trade system, it will suitable for you to manage fund and trade with clients. Upgrade Experience by trading, Puprime developed own trading apps – PUPRIME & copytrade apps – PU Social, which bring lot of convenient to traders, signal provider, investors and etc. We would like to offering you as our Affiliate Partner. At Puprime, we strive for long-term and collaborative success with our partners by providing top-notch institutional services.
We are very flexible and keen on working closely with our partners for mutual benefit.
Let me know your thoughts.
Best,
CJ