Day Trading Forex Live – Advanced Forex Bank Trading Strategies

Sterling Suhr ~ Professional Day Trader & Trading Coach

There is nothing worse than an ‘about us’ section written in the third person…by the trader himself lol. 

Instead of doing something similar, I figured I just write a quick blurb about me, but more importantly, the information I would have wanted to know when I was learning to trade.

Lets get started!

I’m 32 years old and I live in Michigan, USA with my wife, Alora.

We both love dogs (my wife breeds Frenchies), I’m a private pilot (love anything I can fly), and I’ve made a full-time living from the forex market for well over a decade.

I was rather fortunate to fall in love with trading early in life as I started trading at 17. 

I then tried every forex strategy, indicator, and EA I could get my hands on, but to no avail!

It wasn’t until I met an educator named Tim that my trading turned around. This was also a major motivating force behind starting DTFL and sharing the gift that was given to me.

How I Started Trading

I started trading penny stocks back in 2005, when I was 17. I can still remember the first ticker that got me hooked on trading, $CSHD!

This bad boy started as $FHAL, changed to $CSHD, then they faked a few billion in government bonds which quickly resulted in the stock going from .07 cents where I got in, to well over $4!!

With 20,000 shares…let’s just say it was an insane amount of money for me at the time and I was hooked!

Fortunately, I had some good guidance early on and was directed away from pennies and over to the forex market where I’ve continued to trade for the last 15 years.

Why I started Day Trading Forex Live (DTFL)

#1 – I don’t think I would be here without the education I received. When I started, like most, I bought a bunch of crap strategies from markets pretending to be traders, I jumped from system to system, mastered the art of revenge trading, as well as making every psychological error I could.

I’m now 32 and I’ve made a full-time living from the forex market for the last decade. 

This is an incredible goal I would have never achieved without a proper trading education, and DTFL allows me to assist others in doing the same.

#2 – Teaching others what I do serves as a constant reinforcement of the rules. Equally as important, I get to see what happens to traders when you break the rules.

This lesson is invaluable, and its a major reason I recommend everyone has a community of like-minded traders they interact with daily.

#3 – Teaching others provides me passive income from something I’d already be doing.

Any educator that tells you the money was not one of the motivating factors behind teaching others is lying and I think everyone understands that. 

Is DTFL Right For You?

When it comes to getting a trading education, you have to make the final decision as to who you’re going to learn from but I recommend taking 3 things into consideration.

1.) It’s now been proven that the brain can work up to 30% better when you’re feeling confident of success.

Confidence in the strategy you’re trading isn’t going to make you profitable, but a lack of it will guarantee failure.

Because belief is so critical, make sure you have complete belief in the educator you’re learning from as well as the strategy being taught.

2.) Does the educator trade live or show a track record in some form. 

No matter what BS they tell you, if an educator does not trade live for their members or show profitability in some way then you know they’re not a trader. 

There is no exception to this rule!

3.) Check the reviews! I cannot stress this enough. Good services will have good reviews and bad services will have bad reviews. You can read some DTFL reviews by clicking the Forex Peace Army banner.

4.) Finally, trust your gut and understand that if it sounds too good to be true it ALWAYS is!

Finally, if you have any questions don’t hesitate to reach out and shoot us an email via the contact page or directly to support@daytradingforexlive.com

-Sterling

8 Comments

  1. Ed
    Ed July 19, 18:48

    Can your service be used for binary options successfully?

    Reply to this comment
    • Sterling Suhr
      Sterling Suhr Author December 07, 14:55

      Yes we have members that use the strategy for trading binary options. I have very little experience with binary options personally, as I prefer spot forex. With that being said binaries work off of knowing whether or not the market is going up, down, or sideways which is the same as spot forex although the application will be slightly different.

      -Sterling

      Reply to this comment
  2. Mveloh
    Mveloh August 20, 11:44

    Your comment..I would like to know more about this website where can I get full details

    Reply to this comment
    • Sterling Suhr
      Sterling Suhr Author September 15, 10:51

      If you have any questions, you can simply click the ‘Contact Us’ page which is in the main menu and send it over.

      Sterling

      Reply to this comment
  3. Siua
    Siua September 05, 18:23

    Hi your videos have helped me alot in understanding why instead of just what to do when i see something like a fractal or candle pattern so thank you guys for the better insights. I was wondering if ur method can be utilized across all currency pairs and time frames or is it specific to a few in particular

    Reply to this comment
    • Sterling Suhr
      Sterling Suhr Author September 15, 10:43

      Hi Siua,

      Yes, it can be used across all pairs as well as other markets. We have many members that trade futures, Equities, etc. It is not universally applicable across all time frames through. We do have members that apply the strategy to longer term charts, but it will likely take some adjustment to the exact entry rules. Overall that is a very small aspect of the strategy which is why it does transfer to other markets well, as well as most other time frames (longer than 15M).

      -Sterling

      Reply to this comment
  4. DonAnyes
    DonAnyes December 23, 01:57

    Thanks for your benevolence. People that help others succeed these days are hard to find.Do the banks never break the rule of moving the market in three stages?

    Reply to this comment
    • Sterling Suhr
      Sterling Suhr Author April 15, 19:02

      This gets broken all the time. It is very important to remember that the market cycle is not a reason to take an entry. Market cycle is just a directional filter for us, and we actually trade WITHOUT a cycle 50% of the time or more.

      What triggers an entry for us is a valid manipulation point and then a confirmation entry at that level. If there is a valid cycle, then this would only be in the direction of the cycle. If there is not a valid cycle, then we could look to go long from any valid lower manipulation point as well as short from a valid upper level.

      Reply to this comment

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