Trading - Time Value of Money

💡 The Day You Start Trading, You Must Also Decide When You’ll Walk Away. By Tom Discipline in trading doesn’t begin when you make your first profit — it begins the day you define your rules. Here’s how true professionals think: You allocate a fixed amount — let’s say R50,000 — to your trading account. You set your goal (for example, turning it into R1,000,000). You define your time frame — based on your system, performance, and experience. And then you make yourself a promise: ❌ No additional deposits. ✅ No extending the deadline. ✅ No emotional decisions. If you hit your goal — you’re done. You walk away, proud and fulfilled. If you’ve done the work — kept your journal, followed your plan, learned, adjusted — but still find trading draining you mentally and financially, then cut your losses and walk away. For good. And finally — the most difficult scenario: If your account is up in profit but you haven’t reached your target when your time frame expires — cash out and walk away. This ...

Your Timeframe Your Profits by Tom On a recent lecture on trading I asked one of the audience whom I knew traded spot forex where the trend was for the Euro/Dollar this week. He immediately replied that the trend was up. I then asked how he knew the trend was up for all the traders who trade the Euro/Dollar. You see it's impossible to determine trend until you know what time frame you are talking about. The trend for that audience member was up because he traded on a daily time frame yet for another audience member the trend had been up and down several times that week as he only traded on a five minute chart. One of the main reason I see traders not do as well as they should is that they are trading the wrong time frame for their personality. In the normal course of events someone learning to trade will either educate himself by taking a course, watch YouTube videos or reading relevant books. In order for the person giving the course or writing the book to demonstrate his point he...

 My Story – My Journey By Tom Steenkamp, Founder of Forex College (est. 2007) My Story — The Power of Moving Money Through Time My journey began in the early 2000s, during a visit to the USA where a few friends first introduced me to the exciting world of online trading. Back then, information was scarce — no YouTube, no online mentors, just scattered books and curiosity. When I returned to South Africa, I spent countless hours in local libraries studying investment principles, determined to understand how money truly worked. I started by blending traditional investing concepts with the faster rhythm of intraday trading — a style driven by precision, timing, and focus. Like most traders, I went through my fair share of triumphs and setbacks. Over time, I realized that while I had learned to trade consistently, consistency alone didn’t build wealth. I was spending my trading profits instead of letting them grow through time. That realization ignited a deeper pursuit — to master how ...