Category Archives for Strategy

Become a Profitable Trader FASTER – and Save Money Too

In this post I want to share a useful technique I use that will speed up your progress to becoming a profitable trader and save you money in the mean time.   If you’re not already familiar then it’s what’s called backtesting.

I talk about most points in the video but for more information keep reading below the video.

Continue reading

Are you struggling to make consistent profits in today's markets? As a thank you for reading this post I would like to offer you my complete downloadable guide to a very successful system I personally trade and profit from. Just click the download button below to discover how the professionals consistently take money from the markets.

How I Cashed In Without Knowing Which Way To Trade (you can too!)

We’ve seen some big drops in the markets recently and a lot of volatility.  This has given us lots of trading opportunity.  However I couldn’t decide which way the market was going to move from one day to the next.  But, using the methods I’ve outlined in the video, I didn’t need to know the direction in order to make good profits.

I show you a REAL trade example using a strategy I previously detailed in another video.

 

Are you struggling to make consistent profits in today's markets? As a thank you for reading this post I would like to offer you my complete downloadable guide to a very successful system I personally trade and profit from. Just click the download button below to discover how the professionals consistently take money from the markets.

How To Survive a Stock Market Crash

Black Monday?

 

I have created a video suggesting a few useful ways to protect yourself from Market Crashes like we saw on what some people are calling “Black Monday”.

I discuss diversification, risk management and encourage you to become familiar with Short Selling.

Enjoy.

 

Are you struggling to make consistent profits in today's markets? As a thank you for reading this post I would like to offer you my complete downloadable guide to a very successful system I personally trade and profit from. Just click the download button below to discover how the professionals consistently take money from the markets.

How To Become A Day Trader Without Being Tied To Your Desk

Hop On The Daily Trend

 

I want to introduce you to a strategy I use for trading Forex because it’s dead simple and really effective.  It’s like Day Trading because trades last less than one day.  Once in the trade, you exit at the latest by the close of the same day.  However, rather than waiting by the screen all day to watch for trade entries, this method is automated using buy stop and sell stop orders depending on which way the daily trend is moving.

You’ll see between 30 and 40 trade opportunities per year for each FX pair.  I trade 7 of the major FX pairs so get well over 200 trades per year.  You could trade less or more depending on your preference.

Take a look at the video I have put together for you which shows you on screen exactly how to enter and exit the trades using this daily breakout strategy. Continue reading

Are you struggling to make consistent profits in today's markets? As a thank you for reading this post I would like to offer you my complete downloadable guide to a very successful system I personally trade and profit from. Just click the download button below to discover how the professionals consistently take money from the markets.

How To Take Losses But Still Make Money

My Typical Trade Walkthrough – Losing Trade

 

Last week I showed you a typical trade using one of my strategies for buying stocks that are in an uptrend.  I am looking for strong up-trending prices, and then short term weakness in which to buy.  I then sell the position into strength.

If you didn’t see it then you can check it out here.

 

It just so happened that the previous example was a winning trade

 

Well today I’m showing you another example, but this time it’s a loser!   Continue reading

Are you struggling to make consistent profits in today's markets? As a thank you for reading this post I would like to offer you my complete downloadable guide to a very successful system I personally trade and profit from. Just click the download button below to discover how the professionals consistently take money from the markets.

How To Catch A Falling Knife And Profit More Than 65%Of The Time

 

My Typical Trade Walkthrough

 

Today I am going to share a very recent trade.  From this article you will see how I trade a strategy to make consistent profits from daily charts.  I will show you why and how I Enter the trade, where I place my Stop loss, and why and how I Exit the trade. 

 

What Type of Trader am I?

 

I design strategies to meet my objectives and beliefs.  My strategies consist of a set of rigid rules defining how I enter and exit trades.  Additional rules include where I place stop losses, position sizing (part of my money management) and how many trades I can have open simultaneously.

However it is down to my discretion as to whether or not I actually take the trade.   For example, If there is a very sharp drop in the general market, I may have lots of buys signals.  But I have learned to recognise market conditions that would not be favourable to my strategy.  Jumping in and buying this big unusual drop in the market could quite often be like trying to catch a falling knife.

Let’s get on to an example of a recent trade: Continue reading

Are you struggling to make consistent profits in today's markets? As a thank you for reading this post I would like to offer you my complete downloadable guide to a very successful system I personally trade and profit from. Just click the download button below to discover how the professionals consistently take money from the markets.

2 Minute Technical Analysis

 

Anybody who becomes interested in trading the markets cannot help but come across this thing called “Technical Analysis”  

There’s tons of literature out there on technical analysis, a quick search in Google can give you days worth of reading.

But today, I’ve made a 2 minute video simply explaining what it is, and how to use it to make yourself money:

What is Technical Analysis:

  • Price Charts essentially showing Price Action + Volume
  • From the Price Action we can find Regular Patterns
  • From Regular Patterns we can develop a trading strategy that gives us an Edge
  • An Edge gives us a higher probability of winning than losing over a period of time
  • Our Edge allows us to take trades time and time again making Consistent Profits

 

So if you didn’t already know what Technical Analysis was, then hopefully you have a better idea now.  I get so many people asking Continue reading

Are you struggling to make consistent profits in today's markets? As a thank you for reading this post I would like to offer you my complete downloadable guide to a very successful system I personally trade and profit from. Just click the download button below to discover how the professionals consistently take money from the markets.

Here’s a Quick Way to Blow Up Your Trading Account

Know Your Position Sizing

 

Today I have created a short video touching on Position Sizing or Bet Size if you are using Spread Betting.  It is essential that you understand this lesson so you don’t wipe yourself out before barely getting started trading. Continue reading

Are you struggling to make consistent profits in today's markets? As a thank you for reading this post I would like to offer you my complete downloadable guide to a very successful system I personally trade and profit from. Just click the download button below to discover how the professionals consistently take money from the markets.

How To Master The Art Of Risk vs Reward – R-Multiples Uncovered

 

The Backbone of Performance Measurement

 

I wanted to write this brief but extremely important article about the way I measure trading performance.  Whenever you hear people talking about individual trades they’ve made or lost money on, they very often refer to the percentage gain or loss.

Not me.  I will always record each winning or losing trade in terms of an R-Multiple.  I talk about yearly returns as a percentage of my trading capital but not individual trades.

 

What Is An R-Multiple?

This is not something I created.  It’s a method I learnt from Continue reading

Are you struggling to make consistent profits in today's markets? As a thank you for reading this post I would like to offer you my complete downloadable guide to a very successful system I personally trade and profit from. Just click the download button below to discover how the professionals consistently take money from the markets.

ProRealTime Charts Made Easy – Simple 7 Minute Guide

Today I created a short video to get you started with a great free charting package I use from ProRealTime.  I run through some basics including:

  • How to search for a particular instrument
  • Introduce you to their pre-made lists
  • How to add indicators to the chart including Simple and Exponential Moving Averages
  • How to add oscillators including MACD and Relative Strength Index
  • How to swap from Daily to Weekly to Monthly charts
  • How to change the type of chart from Candlestick to Line and Bar Chart

Continue reading

Are you struggling to make consistent profits in today's markets? As a thank you for reading this post I would like to offer you my complete downloadable guide to a very successful system I personally trade and profit from. Just click the download button below to discover how the professionals consistently take money from the markets.