It is an established fact that more than 99% of traders will lose money consistently. Eventually they will quit trading because they become convinced that it is impossible to consistently trade profitably unless you are a trader at a big firm or just lucky. Not so.
While some swear by fundamentals, and others by technicals, the truth is that most consistently successful traders rely on something much more basic. The markets always react in the same way. There is no mystery, if you understand the simple basics of how the markets operate.
There are 4 things that determine profitability;
1.Entering in the right direction at the right price, at a pre-determined low risk,
2.knowing what the market targets are,
3 knowing the time factor that will determine if the trade is on track, and last but not least.
4 knowing what the opposite trade is and the levels that opposite-side traders will attempt to change the course of the trade.
If a trader lacks any of these, they are just gambling. To consistently profit, all 4 are essential.
When we say profit, we are not talking about a few pips at a time. Depending on the time frame, our trades consistently alert us to entries and exits long before they are apparent to 99.99% of traders. As our charts plainly show, our fx trades consistently capture multiple 1000s of pips.
For example, this chart shows the next profit level and time factor, but not the opposing trade.Without that essential piece of information, a "trade" becomes a high-risk gamble. It is the same as crossing a railroad track, blindfolded, with your ears stopped up, and not having any idea when the train is scheduled to pass that spot. Feeling lucky? Most people would consider such a thing as a stupid stunt. Yet most traders do it all the time with their hard-earned money. Want to throw your money away?
The market doesn't give anything. If you want to profit, you have to know how to take it away from the opposing trader.
Learn how the market works; futs, stocks, fx, etf, options, on all time frames. Become more profitable than you could ever imagine, with low, defined-risk trades.
While some swear by fundamentals, and others by technicals, the truth is that most consistently successful traders rely on something much more basic. The markets always react in the same way. There is no mystery, if you understand the simple basics of how the markets operate.
There are 4 things that determine profitability;
1.Entering in the right direction at the right price, at a pre-determined low risk,
2.knowing what the market targets are,
3 knowing the time factor that will determine if the trade is on track, and last but not least.
4 knowing what the opposite trade is and the levels that opposite-side traders will attempt to change the course of the trade.
If a trader lacks any of these, they are just gambling. To consistently profit, all 4 are essential.
When we say profit, we are not talking about a few pips at a time. Depending on the time frame, our trades consistently alert us to entries and exits long before they are apparent to 99.99% of traders. As our charts plainly show, our fx trades consistently capture multiple 1000s of pips.
For example, this chart shows the next profit level and time factor, but not the opposing trade.Without that essential piece of information, a "trade" becomes a high-risk gamble. It is the same as crossing a railroad track, blindfolded, with your ears stopped up, and not having any idea when the train is scheduled to pass that spot. Feeling lucky? Most people would consider such a thing as a stupid stunt. Yet most traders do it all the time with their hard-earned money. Want to throw your money away?
The market doesn't give anything. If you want to profit, you have to know how to take it away from the opposing trader.
Learn how the market works; futs, stocks, fx, etf, options, on all time frames. Become more profitable than you could ever imagine, with low, defined-risk trades.