4X Concierge New Subscriber Instructions

4X CONCIERGE – Getting Started

 

 

New Subscriber’s Guide to Getting Started in the FOREX Trading Market

Congratulations!!!  You have made the best decision you could have possibly made for taking control of your financial future.  You have signed up to be a part of history in the making.  4X Concierge is changing the way this kind of trading is done, making it easier than ever to get into something that only a select few could do before.  These next few steps are to help you get started on your way to putting your own money to work for you!

  • Choosing a Broker

The first step in trading Foreign Exchange is picking a Broker.  While there are many brokers out there, the one we recommend is “Trader’s Way Intermarketing Brokerage Services”.

Once at this website, you will want to open an account to get going.  For the purposes of this document we will start you with a Demo account, and you can set up the live account after you’ve gotten the process down.  Once your Demo Account is active, you will have access to a Back Office where you can monitor your Account balance, and then open and fund your live account when feel you are ready to trade live and start making your own money work for you once and for all.

Here are the steps to setting you your FX Broker account with Trader’s Way…

  1. Go to the following website URL, and the page should look something like the following.

https://www.tradersway.com/?ib=1174797

 

  1. Click on “Open Demo Account”, and fill out the account registration form.

  • Be sure and select the account type MT4.ECN with your preferred monetary denomination as shown in the following screenshot. (USD for US Citizens, etc.)

Note:  The information gathered is to help the Broker positively identify you.

 

  1. Once you’ve filled out the form, check the box for the following.

Ø  I declare and confirm that I have read, understood, fully agree and accept Customer Agreement

  • Then click Open account now.

 

  1. Once your account is created you will get an email from Trader’sWay with the following title.

Ø  Your account is now open

  • In the email body should contain the something like the following….

Dear (Your Name),

Thank you for cho osing Trader’s Way as your brokerage service provider. We’ll do our best to provide you with the most convenient trading platforms and the best conditions possible.

In accordance with your online application we’ve opened for you a trading account with the following details:

Account number: 123456
Account type: MT4.ECN.
Password: jHG6KKzD
Currency: USD

We’ve also created a user ID in Trader’s Way Private Office. Your access details are the following:

Login: yourname@email.com
Password: jHG6KKzD
PIN code: n1bw9Mx4

  • NOTE:The Account differences.  The first account is what you will use while using the MT4 trading Platform, the second account is for accessing your Private Back Office via the following link on the Trader’s Way home page where you will be able to monitor your account balances, and create your live account when you’re ready.

 

 

  • Downloading the Meta Trader 4 Trading Platform.

The MetaTrader 4 application is THE trading terminal or workplace of the FOREX trader which allows working your trades on the financial exchange markets as Forex, CFD and Futures.

Commonly referred to as MT4, the MetaTrader 4 trading terminal is a concept of the ultimate “all-in-one” trading tool.

To download the MT4 software, you should see the following from your account setup email, which will include links to download the Desktop and mobile applications for whatever your preferred platform may be…

You can use the following platforms for trading on your account:

…Once you have downloaded the MT4 installer, you can then install it to your PC or MAC.

  • NOTE:Though I’ll be giving more guided instructions below, you can read about installing and using MetaTrader 4 Trading Terminal from the following 2 Web URL’s.

Ø  For PC’s…

https://www.tradersway.com/trading_platforms/metatrader_4

Ø  For Mac OS

https://www.tradersway.com/trading_platforms/metatrader_4/mt4_on_mac_os

 

  • IMPORTANT NOTE:The MetaTrader 4 Terminal was designed for Windows. So to run MT4 on Mac OS we recommend using a Windows Emulator.  The following is a free opensource version for the Mac OS. (Use WineBottler 1.6.1 Stable for newer versions of Mac OS X)…

Ø  WineBottler’s free software – Wine for Mac OS X.

http://winebottler.kronenberg.org/downloads

(Wine stands for Windows Emulator and can also be used in Linux platforms if you choose.)

  • Logging into Your Metatrader 4 Demo Account

Once you have installed the MetaTrader 4 trading terminal software you will need to log into your new Demo Account to start practicing entering new Trades, setting your Take Profit, and using Stop Loss to maximize your profits.

  1. The first time you launch MT4 in Windows there will be 4 default Chart Windows that will show as “Waiting for update”. Close these chart by clicking the red X at the top right corner of each of these 4 chart windows. (These have settings you don’t need for the purposes of trading with us.)
  2. Log into your Demo Account by going to ‘File -> Login to Trade Account’, then in the resulting login prompt enter your Login ID and Password from the email above as shown below.
  • Account number: 123456
    Account type: MT4.ECN.
    Password: jHG6KKzD
    Currency: USD

 

  1. Then add all the available Currency Trade pairs by right mouse clicking in the ‘Market Watch’ area and click ‘Show All’. (As shown above)
  2. You are now ready to practice entering and making trades off the signals from your subscription with 4X Concierge with $50,000 of play money.This is where you will want to practice the basics such as monitoring your Lot size and Take profit in each trade.
  • Creating and Verifying Live Trading Account.

Once you have traded a little with your Demo account and are ready to open your new Live Account by doing the following.

  1. Go to the Trader’s Way website and log into your Private office, then click on the link to “Open live account”.

NOTE:  Being logged in means you won’t have out fill out the registration form, and you will be given the following form to fill out instead.

 

 

  1. Fill out the Live account specification as shown above, I.e., MT4.ECN, (Your Preferred Currency), and the Leverage.Then click “Open account”.

NOTE:  We generally set the Leverage at 1:1000 to maximize on the profits as your account grows.

 

  1. Once this is done you will get another email similar to the one you received for your Demo Account with the following title.

Ø  Live account

  1. In the email body should contain the something like the following….

Dear Lee Waldon,

In accordance with your online application we’ve opened for you a trading account with the following details:

Account type: MT4.ECN. Live
Number: 141576
Password: jHG6KKzD
Currency: USD

To start trading you need to verify your account and deposit money. Please check our verification requirements and payment options.

  • Verifying Your Live Account

In order to be able to make deposits to your live account it must be verified.  This is how the broker verifies your identity, and how they verify your Deposit source, or bank debit.

To verify your account you need to provide TWO DOCUMENTS:

  1. Personal ID – a copy of your Passport or your national ID card or Driver’s license (with your photo). Should expire not less than in 3 months.

 

  1. Proof of your address – any bill with you name and address: utility bill (gas, water, electricity, fixed phone,etc.) or bank statement. Should be not older than 3 months

(THE DATE SHOULD BE CLEARLY VISIBLE).

 

Documents’ format requirements: 300 dpi resolution, each file – not more than 1Mb, file format – *.gif, *.jpg, *.png or *.pdf.

 

Documents should be in English or with CERTIFIED English translation.

 

Please upload these documents in your Private Office/Profile/Upload Files.

NOTE: Please provide documents strictly in line with the requirements mentioned above. In case of any inaccuracy your application will not be accepted.

 

  • Depositing funds into your live account

The following demonstrate depositing via Debit card, but you can deposit by multiple methods as shown in the screenshots.

  1. Log into the Trader’sWay Private office and Select “Deposit’

 

 

  1. Then select the ‘Credt/Debit Cards’ option…

 

  1. Fill out the form and select ‘Make Payment’

NOTE:  Per the notice from step 2 above.  Please acknowledge and understand that your card issuer may initially flag your transaction as fraudulent, so inform them before proceeding that you are about to initiate an international charge.

This is easily fixed by calling your bank and notifying them of the charge to your debit card by the Amount and one of the sources listed, (I.e. TWTrading, or Fx Trade, etc.)  They will then clear the transaction, and you can then resubmit the deposit.

  • Logging into Your Metatrader 4 Live Account

Once you have created, and funded your live account, you are now ready to connect to your live account in Metatrader 4 and start making live trades.

  • Log into your Demo Account by going to ‘File -> Login to Trade Account’, then in the resulting login prompt enter your Login ID and Password from the email above as shown below.
  • Account number: 141576
    Account type: MT4.ECN. Live
    Password: jHG6KKzD
    Currency: USD

 

 

 

NOTE:  If not already done, add all the available Currency Trade pairs by right mouse clicking in the ‘Market Watch’ area and click ‘Show All’. (As shown above)

IMPORTANT:  The 2 Most Important Things to Watch in Live Trading.

Now that you are on a live account it is crucial you ensure you watch the following…

  • Watch your Lot Size – As a general beginning rule of thumb…

$500 to $1000 – Lot size should be around 0.05

$1000 on up to $5000 – Lot size should remain between 0.1 and 0.2

  • Make sure you enter a Take Profit in each trade.

Never enter more than 3 or 4 trades and make sure for each signal your Take Profit is around 100 points out.

 

 

 

4X CONCIERGE
Setting up The MetaTrader4 iOS Phone App
New Subscriber’s Guide to getting MT4 up and running for Android and iPhone
Congratulations!!! Now that you have your Demo or Live broker account set up, and you are now ready to start making trades and begin taking control of your financial future. While 4X Concierge is changing the way this kind of trading is done, there are still a few basic steps, and some simple rules you will want to follow.
We are making it easier than ever to get into something that only until now would require a lot more learning, time and money to even begin to start earning real profits in the Forex market. These next few steps are to help you get started on your way to putting your own money to work for you!
• Download & Install The iOS (iPhone) App
The first step is to login to your Trader’s Way Brokerage Services “Private Office” page and ensure you have an account balance so you can begin trading.
¬ Demo Accounts should start at $50,000
Note: Play Money to learn how to trade until you are comfortable trading live.

¬ Live Accounts – $500
Note: Though you could start with less, we highly recommend this as a minimum beginning balance for your live trading account.
Once you are in your Private Office website, click the link just above your accounts for “MT4 Mobile Apps” which will take you to the following URL to read more about each mobile App type supported…
¬ https://www.tradersway.com/trading_platforms/mt4_mobile_apps
1. To install the MetaTrader4 phone app, go to the Apple App Store, and search for MetaTrader4 to install the app to your phone.
Once you have installed the app, have your account email handy to log into your trade account as shown in the steps below. The Account info from your email should look something like the following)
• Account number: 123456
Account type: MT4.ECN.
Password: jHG6KKzD
Currency: USD
NOTE: When you first launch the MT4 phone app it will try to create a basic demo account. If you catch in time, you can cancel the process, or delete the demo account later.
When you launch the MetaTrader4 phone app you will want to connect to your Trader’sWay account. These next steps go through both Android and iPhone screenshots of how this would be done.
Initial Setup For iOS Phones (Or Tablets)
¬ Go to ‘Settings’ from the lower left hand corner.

¬ Then tap the “New Account” button.

¬ Then tap “Login to an existing account” to connect to your Trader’sWay account.

¬ In the Search Field type TradersWay to find the brokers login types. You can connect to both account types if you have a Demo and a Live account.

¬ Select your Account type and enter your login information from your email then tap “Sign In”. (Demonstrated Above)

¬ When connected you should see your new Account listed in Setting like the following.

¬ Next add the MetaQuotes or Trade Pairs to your list. Tap Quotes (Lower Left), then tap the “+” symbol (Upper Right) to add all the trade pairs to your “Quotes” list.

¬ You will then see a section for Currency (ECN), Energies, and Metals ecn pairs.

¬ Tap on ECN and then tap the green “+” symbol on each pair to add, the list will be empty when you’re done. Repeat for Energies and Metals ecn.

Placing A Trade in MetaTrader4 for the iOS App
¬ From the MetaQuotes page select the pair as signaled from Forex Concierge, and tap on “Chart’.
¬ On your Chart Window Tap “Trade” to place your order.

¬ If the Signal says to “Buy” or “Sell”, Tap the appropriate button to make a Market Execution, which gets you in the trade as soon as possible.

NOTE: Leave the Take Profit as ‘not set’ at this point, then modify it after the order is placed.

¬ Once you are notified your order has been placed go to “Trade Chart” to edit the trade and add your ‘Take Profit’.

¬ Once on this page, tap on the right and slide to the left on the position you want to modify. On the edit menu, tap the ‘pencil’ icon to edit or “Modify” your open position.
¬ Once in the “Modify” tool, tap in the “Take Profit” and enter your TP position as shown.

¬ Once the order is modified you are back to the open positions window.
¬ You are now ready for your next Trade!!!

• Maximizing Profit and Minimizing Loss
The single most common reason for taking a loss in this process is through “Human Error”. Either with entering a trade with the incorrect lot size, or entering too many trades and over leveraging your account, both these mistakes can empty out a smaller trade account real fast, and can take a large chunk out of a larger account just the same.
Every business venture has risks, and past results do not guarantee future profits, but if you can follow these “Best Practice Rules and Guidelines”, they will help you to avoid any serious losses, and will also help to ensure your success in Forex Trading.
• The Forex Concierge ‘Lot Size’ General Guidelines.
¬ For accounts, less than $500 set your lot size to 0.03
¬ For Accounts of $500 to $999, set your lot size to 0.05
¬ For Accounts of $1000 to $2500, set your lot size to 0.1

• The 3 Absolute Rules of Forex Concierge Trading to Ensure Success
1. Make sure you have the correct lot size for your account size.

2. Follow these guidelines for open positions.
¬ No more than 2 open positions at a time for accounts under $1000
¬ No more than 3 open positions for accounts between $1000 & $2500.

3. No Dollar Cost Averaging.
¬ What this means is, never, ever have more than one position in the same direction on the same pair.
IMPORTANT NOTE: The point of these Rules and Guideline recommendations is to help minimize the potential for losses. We have come up with these based on our own experiences in what can go wrong.
The point is to keep your lot size and number of open positions to a the minimum such that your account can handle the ups and downs of the market.

 

4X CONCIERGE

Setting up The MetaTrader4 Android Phone App

New Subscriber’s Guide to getting MT4 up and running for Android and iPhone

Congratulations!!!  Now that you have your Demo or Live broker account set up, and you are now ready to start making trades and begin taking control of your financial future.  While 4X Concierge is changing the way this kind of trading is done, there are still a few basic steps, and some simple rules you will want to follow.
We are making it easier than ever to get into something that only until now would require a lot more learning, time and money to even begin to start earning real profits in the Forex market.  These next few steps are to help you get started on your way to putting your own money to work for you!

  • Download & Install The Android OS Phone App

The first step is to login to your Trader’s Way Brokerage Services  “Private Office” page and ensure you have an account balance so you can begin trading.

  • ¬ Demo Accounts should start at $50,000

Note: Play Money to learn how to trade until you are comfortable trading live.

  • ¬ Live Accounts – $500

Note: Though you could start with less, we highly recommend this as a minimum beginning balance for your live trading account.

Once you are in your Private Office website, click the link just above your accounts for “MT4 Mobile Apps” which will take you to the following URL to read more about each mobile App type supported…

  1. 1. To install the MetaTrader4 phone app, go to the Google Play store, and search for MetaTrader4 to install the app to your phone.

Once you have installed the app, have your account email handy to log into your trade account as shown in the steps below.  The Account info from your email should look something like the following)

  • Account number: 123456
    Account type: MT4.ECN.
    Password: jHG6KKzD
    Currency: USD

NOTE:  When you first launch the MT4 phone app it will try to create a basic demo account.  If you catch in time, you can cancel the process, or delete the demo account later.

When you launch the MetaTrader4 phone app you will want to connect to your Trader’sWay account.  These next steps go through both Android and iPhone screenshots of how this would be done.

Initial Setup For Android OS Phones (Or Tablets)

  • ¬ Go to ‘Settings’ by tapping the upper left-hand corner, and the Settings will slide out.
  • ¬ Then tap the “Manage Accounts” button.
  • ¬
  • ¬ In Manage Accounts click the “+” sign in the upper right-hand corner to enter an account.
  • ¬ Then tap “LOGIN TO AN EXISTING ACCOUNT” to connect to your Trader’sWay account.
  • ¬ In the Search Field type TradersWay to find the brokers login types.  You can connect to both account types if you have a Demo and a Live account.
  • ¬ Select your Account type and enter your login information from your email then tap “Sign In”. (Demonstrated Above)
  • ¬ When connected you should see your new Account listed in Setting like the following.
  • ¬ Next add the MetaQuotes or Trade Pairs to your list.  Tap Quotes (Lower Left), then tap the “+” symbol (Upper Right) to add all the trade pairs to your “Quotes” list.
  • ¬ You will then see a section for Currency (ECN), Energies, and Metals ecn pairs.
  • ¬ Tap on ECN then simply tap each pair to add, the list will be empty when you’re done.  Repeat for Energies and Metals ecn.

Placing A Trade in MetaTrader4 for Android OS App

  • ¬ From the MetaQuotes page select the pair as signaled from Forex Concierge, and from the pop-up menu tap on “Open Chart’.

 

  • ¬ On your Chart Window Tap “+” in the upper right corner to place your order.
  • ¬ If the Signal says to “Buy” or “Sell”, Tap the appropriate button to make a Market Execution, which gets you in the trade as soon as possible.

NOTE:  Leave the Take Profit as ‘not set’ at this point, then modify it after the order is placed.

  • ¬ Once you are notified your order has been placed go to “Trade Chart” to edit the trade and add your ‘Take Profit’.
  • ¬ Once on this page, tap on the right and slide to the left on the position you want to modify.  On the edit menu, tap the ‘pencil’ icon to edit or “Modify” your open position.
  • ¬ Once in the “Modify” tool, tap in the “Take Profit” area on the right and enter your TP position as shown. (Note: Stop loss is the value on the left.)
  • ¬ Once the order is modified you are back to the open positions window.
  • ¬ You are now ready for your next Trade!!!
  • Maximizing Profit and Minimizing Loss

The single most common reason for taking a loss in this process is through “Human Error”.  Either with entering a trade with the incorrect lot size, or entering too many trades and over leveraging your account, both these mistakes can empty out a smaller trade account real fast, and can take a large chunk out of a larger account just the same.

Every business venture has risks, and past results do not guarantee future profits, but if you can follow these “Best Practice Rules and Guidelines”,  they will help you to avoid any serious losses, and will also help to ensure your success in Forex Trading.

  • The Forex Concierge ‘Lot Size’ General Guidelines.
  • ¬ For accounts, less than $500 set your lot size to 0.03
  • ¬ For Accounts of $500 to $999, set your lot size to 0.05
  • ¬ For Accounts of $1000 to $2500, set your lot size to 0.1
  • The 3 Absolute Rules of Forex Concierge Trading to Ensure Success
  1. 1. Make sure you have the correct lot size for your account size.
  1. 2. Follow these guidelines for open positions.
  • ¬ No more than 2 open positions at a time for accounts under $1000
  • ¬ No more than 3 open positions for accounts between $1000 & $2500.
  1. 3. No Dollar Cost Averaging.
  • ¬ What this means is, never, ever have more than one position in the same direction on the same pair.

IMPORTANT NOTE: The point of these Rules and Guideline recommendations is to help minimize the potential for losses.  We have come up with these based on our own experiences in what can go wrong.

The point is to keep your lot size and number of open positions to a the minimum such that your account can handle the ups and downs of the market.

2 Comments

  1. George Olschewski says:

    I have so far signed up for Trader’s Way, installed MT4 for Android OS, and have the demo up & running for paper/’play’ trading.

    Thus far, I’m following the instructions to the letter, but I’m not seeing a “FOREX Concierge.” Should I be looking in MT4, Trader’s Way, or somewhere else? Also, where do I see messages from FOREX Concierge?

    1. Kelly Alwood says:

      Forex Concierge is the signal provider. We will get you all set up and make sure you get good signals to trade on to make great money.

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