10 Minute Forex Wealth Builder - The focus of this review is the Dean Saunders’ Price Action based 10 Minute Forex Wealth Builder system.
System Operation
This is a manual trading system that leaves full control of all trades in your hands. The course provides very detailed and well defined directions. Direction is provided on profit goals, stop losses, market entry signals and risk management.
The system analysis is determined by price and has no dependence on lagging market indicators. Stated system objective is to attain a 10 to 30 percent increase monthly in your portfolio. The inclusion of 2 different trading systems allows for more trading opportunities.
Unlike day trading systems, the 10 Minute Forex Wealth Builder does not require you to monitor accounts and trades for hours at a time. In fact the “10 Minute” portion of the title emphasizes the need to use only 10 minutes daily for account setup once you have familiarized yourself with the course materials.
Upon setting your market entry and exit points, the system can be configured to automatically trade through your broker without requiring any more attention from you until the following day.
More than just saving you time, setting the trades this way prevents emotional components from affecting your trades. By entrusting the system to automatically trade for you based on the system guidelines, the temptation to intervene because of fear or greed is reduced if not eliminated.
Some Caveats
Managing money competently in tandem with a good trading system is critically important. Dean Saunders discusses both aspects in this system. You are advised to pay attention to money management practices within the system and to think twice before taking on risks above the recommended levels.
Make sure that you follow the exact sequence of the training. Even if you feel that you already know certain topics, resist the temptation to skip sections. In this system, as in all systems, making a few alterations and deviations can impact your profits. The basis of any trading system’s success is consistently applying the same, exact, proven system over time.
User Level
In deference to truly newbie users, the system also provides 2 videos to introduce the process of opening demo accounts as well as the usage of charting software. These beginner tutorials can be skipped if you are already familiar with these topics, just be sure not to skip any sections that relate to the trading system itself.
There is an absence of the usual fluff often included in other training sources. Most of the material relates directly to the implementation of the two systems, which allows you to get up and running quickly. 
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