Membership in 4XLA is free. Anyone wishing to get on our mailing list or wishing to be removed, please send an email to Larryvelardi@4xlosangeles.com. Be sure to include your name and email address, and tell us what you want to do.
Come visit us at our live meeting and we can get you setup to begin demo trading that night. We'll supply you with all the indicators and templates we use with MetaTrader on a tiny flash drive for which you pay a tiny fee ($) to take it home with you.
We thank you for your interest in our modest organization. Forex Los Angeles, or as we usually spell it 4XLA, is one of the oldest trading clubs still going. Though we started in Los Angeles, thanks to the Internet and word of mouth, we now have members all over the world. Utilizing mainly the MetaTrader 4 charting program, we have developed trading strategies that have helped our members to become profitable traders.
4X-LA is a club of like minded people who want to trade Foreign Exchange profitably. We don’t have anything to sell and you pay nothing to join. No one in the club is paid anything; we are an all volunteer organization dedicated to helping each other. The only “dues” we have are to cover the costs of our meeting rooms, both physical meeting rooms in a hotel in the Los Angeles area and our online Gotomeeting room. When we find new useful indicators, put together a template that shows promise, or just have a brainstorm, we share everything with our members. We currently have methods and templates that have shown consistent profits trading day charts (long term), hour charts (swing trading) and 5 minute charts for quick, in and out trades.
A great place to start is our home page, www.4xlosangeles.com. It'll give you the date of our next live meeting and also leads you to a number of videos of our past meetings and also training videos covering the methods we've developed. If you are new to Forex trading or MT4, we recommend you start by downloading and listening to the video called “Getting started in 4X-LA”. (You’ll find it under the Videos and Active Trading tabs) It'll get you up to speed as quickly as you can manage it.
Because you are new to our group, we’ll let you sit in to our online meetings at no cost to see if you like what we are doing. Normally we hold two meetings a week online and the cost is $19.95 a month, which pays for our Gotomeeting setup and the live meeting, either in person or online. The officers of the club all trade live, either part time working around jobs or full time, making a consistent living.
If this sounds interesting to you, please come join us. We all know all too well that trading is a lonely business that almost no one else in our lives understands. Here is a chance to meet and mingle with Forex traders who speak your language and are willing to share what they know freely and act as a sounding board for any ideas you have.
If you have any questions or for further information, please feel free to contact us.
Larry Velardi (President and Exalted Leader)
Risk Disclosure: NFA (National Future Association) Trading Spot/OTC Foreign currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. Because the risk factor is high in Foreign exchange market trading, only genuine "risk" funds should be used in such trading. If you do not have the extra capital that you can afford to lose, you should not trade in the Foreign exchange markets. You must be aware of the risks and be willing to accept them in order to invest in the Forex markets. No "safe" trading system has ever been devised, and no one can guarantee profits or freedom from loss. Unique experiences and past performances do not guarantee future results! Nothing in our live presentations, training courses, website, or other materials shall be deemed a solicitation or an offer to Buy/Sell currencies in Spot/OTC Forex Markets. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed or presented in any manner. Also, the past performance of any trading methodology is not necessarily indicative of futures results. Foreign currencies trading involves high risk and you can lose a lot of money.
CFTC RULE 4.41 (CFTC = Commodities Futures Trading Commission): HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN OR DISCUSSED HERE, TRAINING MATERIAL, PROMOTIONAL MATERIAL OR ANY RELATED SERVICES. OUR COURSES, PRODUCTS AND SERVICES SHOULD BE USED AS LEARNING AIDS ONLY AND SHOULD NOT BE USED TO INVEST REAL MONEY. IF YOU DECIDE TO INVEST REAL MONEY, ALL TRADING DECISIONS SHOULD BE YOUR OWN AND ARE SOLELY AT YOUR OWN RISK.