Winning+Trading+Strategy+4 0
Winning+Trading+Strategy+4 0
Winning+Trading+Strategy+4 0
When you learn the strategy and the information I am sharing with
you in this guide, you will be armed with strategy that can help you
”turbo-charge” your profits.
Thanks again for downloading this guide, I think you’ll enjoy it. You
should connect with me and the community on social media here:
Have you ever heard the saying, “The trend is your friend”?
Well this is 100% true. You should always be trading with the trend.
Even if you don't have the best strategy, if you trade with the trend,
there's a much higher chance your trade will succeed.
It's a really simple anyone can trade it, you'll see very soon.
First step, to keep it simple, you can use a line charts to define the
trend (you can for example use the 1H timeframe). You define trend
by looking at price highs and lows, if price is making higher highs and
lows, trend is up. If price is making lower highs and lows, trend is
down.
Downtrend
Uptrend
You want to keep your chart really clean, don't add 100 different
indicators. Here are the only things you need to look for to succeed...
The Winning Trading Strategy
ONE CANDLE
REPRESENT PRICE
ACTION DURING
A TIME PERIOD
(EXAMPLE 1 HOUR)
Uptrend
Price start in the lower left corner and is now in upper right
making higher lows and higher highs (circles).
Buy when you get the buy signals, place stop loss below the signal
triangle and profit target at the top of the (1) high. Buy again on new
buy signals as long as price is forming higher highs and higher lows.
Downtrend
(You sell short when you believe the value of what you are trading
will fall. If price fall in value from the time you initiate the short sale
until you close it out—you'll make a profit equal to the difference in
the two values.)
Price start in the upper left corner and is now in lower right
making lower lows and lower highs (circles).
Sell when you get the sell signals, place stop loss above the signal
triangle and profit target at the bottom of the (1) low. Sell short
again on new sell signals as long as price is forming lower highs and
lower lows.
These setups form over and over again making it possible for you to
profit day in day out. But wait, there's more, one the next page you
will find three upgrades to get even better results...
Practice finding trading using this strategy and you'll see how well it
really work. In short, using our strategy is probably the quickest way
to profit from trading.
Most importantly it also helps you avoid bad trades by filtering out
flat movements, when there is no noticeable trend. This will help you
tremendously because many traders screw this up by trading into a
flat market where they have no clue if it's going to go up or down.
What is risk management? It's the process where you decide the
risk (potential loss) in a trade and then take the appropriate action
given your risk tolerance.
How do you decide how many contracts you should buy or sell when
you have a setup? It depends on how much you are willing to risk.
How much should you risk? We recommend that you never risk
more than two percent per trade, one percent is optimal, but only
you can decide how much you should risk.
Higher risk gives you a higher reward when you have winning trades
but also larger drawdowns when you have losing trades.
This is why you need a risk management strategy so you don't end
up in a deep drawdown impossible to recover from...
Risk Management Strategy
You can then calculate your risk per trade in $. With your $100.000
account: One percent (0,01) * $1.000.000 = $10.000 risk per trade.
Your risk for one trade is $1.000. Now you calculate the risk for each
contract depending on where your entry and stop-loss is. For this
example, you want to buy and placed a limit order at $40 and your
stop-loss at $37. The risk per contract is then: $40 – $37 = $3 risk
per contract .
Now that you have risk per trade and risk per contract, you can
precisely calculate the number of contracts you can buy for the
security, taking your risk per trade divided by your risk per contract,
you will get the number of contracts you should buy: $10.000 / $3 =
3.333 contracts.
You can now enter your trade with 3.333 contracts and if your stop
loss is hit you will know that you only lost one percent of your
account and you will live to trade another day!
"IMPORTANT: Always
Use Stop Loss Orders"
No trading system have a winning ratio of 100%, you will have losing
trades, and depending on how you manage your losing trades, they
can be small and under control with the use of stop losses and the
risk management on the previous page...or they can be gigantic!
Many traders blow their accounts because they don't use a stop loss.
You should have your stop order registered at the same time you
enter the trade; it helps with the mind problem. If you don't register
the stop loss order right away, you will feel tempted to move it when
the trade start going against you. The mind does not want to accept a
loss, a defeat, even though YOU know, that losses are part of the
business.
Always enter your stop loss order when you initiate your trade and
don't move it.
One extra thing I want to point out as an upgrade, don't move your
stop loss when you’re in profits. Price move in waves and if you're
too fast to move your stop loss to say break even, you’ll get stopped
out when price retrace, and then, the market often continues in the
direction of your trade, and you miss out.
If you have a trading plan, you will always know how to act in the
market and where you are going to place your trades and take your
wins and losses.
Having a trading plan makes trading easy and enjoyable, it takes the
fear, anxiety and complexity out of it. If you're in the market for the
thrill, then you are not in it for the money, so if you are in it for the
money; have a proven system and trading plan.
It's difficult to follow a trading plan since it's in our nature to bend
and break rules. You need to develop the discipline in order to act
consistently according to your rules. Done right and you will profit
for the rest of your life…
The most important answer to why you should journal your trading
is because it enables you to learn from your mistakes and thereby
advance as a trader so you can make more money. You may think
you're following your trading plan when you're not, and if you don't
have a system for journaling your trades there's no feedback for you
to fall back on when you make mistakes or don't follow your plan.
I recommend you journal after each trade you take or before you
leave the computer for the day. Journaling the next day often make
you forget much valuable information.
Trading Psychology
First, how much risk you take in every trade, should be stated in the
risk management section in your trading plan (use the one percent
strategy I gave you).
Example: When you're in a buy trade your mind is buy biased and,
therefore, focuses mainly on positive signals and rejects negative signals.
You should, therefore, take particular notice on how you think and
what you focus on, a good way to help you from this "mind problem"
is to plan your trades (one more reason why your trading plan is
important), so you will know how to act before you enter a trade.
One of the reasons you have a before and after thoughts section in
your journal is so that you can analyze how your mind play tricks on
you. To get your mind under control, I recommend you do some
mental exercise before you trade, it can be as simple as repeat the
five fundamental Truths of trading and from the book Trading in The
Zone by Mark Douglas.
Yоu nееd to ѕеt the whееlѕ оf сhаngе to become the best trader you
can be in motion аt thе earliest орроrtunitу. Identify аn асtiоn
which уоu can tаkе to get thingѕ gоing аnd tаkе thаt action аѕ ѕооn
as роѕѕiblе so you get started.
Read the statement above three times aloud. Now think of a time
where you really wanted to do something, but you never got it done
because you never got started. It is not a pleasant experience to
reminisce about, is it? You can make up all sorts of excuses, alibis,
etc. However, the only reason why you did not accomplish what you
desired to do was because you never even began what you wanted
to do!
Perhaps you put it off until tomorrow, and tomorrow never came.
Perhaps you were just really busy and neither had the time nor the
energy to work on that side project, or finish that guide, or learn how
to trade. The thing is, we as humans are exceptional at making
excuses, especially since it is an easy way to make ourselves feel
better about not taking action.
There are plenty of excellent excuses out there for not doing what
you said you were going to do - but in the end they are all just
excuses. Are excuses going to execute that trade for you? Are
excuses going to make you a better trader? Make you more money? I
highly doubt that an excuse is going to magically manifest itself in a
physical form and take care of what you did not.
Trading Psychology
For the sake of simplicity, let us assume that you were so driven by
the progress you made, that you continued to put more and more
effort (compounding effort) into whatever it is you were doing.
Assume that this would give us another equation:
There is one truth about success that I have heard echoed over and
over again by almost every successful person I have met: they got
where they are now by getting started.
Why not take action right now and set aside an hour or two to begin
working on becoming a better trader?
You can get started right now with my easy to follow signals and
make winning trades and profits... even if you have never traded
before or you've tried to trade in the past and failed...
When I started trading many years ago I had absolutely no idea what
I was doing.
Over the years I learned exactly what works and what doesn’t.
That’s when I created a system called Trend Pulse Pro. With this
system, you'll get daily trading signals with the help of the special
algorithm that identifies every aspect of a trend from beginning to
end and alerts you to trades with the highest probability of success.
You get instant access so you can start using it and profit today!