After work on the Wall Street as a dealer for 23 years, and manage private client accounts for the last 13 years, I have seen how a series of miracles happen over the course of time.
One of my biggest win is early in my career, trading was a trade back in 1982.
So starting with only a meager $8,000 to my name, I began to buy silver on the derivatives exchanges. As it turns out, my analysis was excellent and I ended my $8,000 uprunning account to a little more than $280,000 in only 30 days.
Since that time I have changed my trading strategy - easy.
After 120,000 trades, 1200 trading accounts and 8 Wall Street companies - I will give you a detailed guide to walk with 4 additional winning trades per month.
Before you read this article you must agree with the following statements:
- you will find no 'Magic pill" in the markets - the markets food is alive if you do.
- The Forex systems churned out by marketers in the internet are just laughable - especially if you think that's, how to make money on Wall Street.
- Make us forget 20% per month, such as the poor people think.
Now, if you agree with all three of these statements, then I draw the hat in front of you.
They are part of a small group of people that you separate reality outright Dreams And Lies. And for this reason you will understand the words in this article more than any other.
I have no time for 'internet retailers", the "Forex forums", or any other medium for newcomers to the claim they really know how the markets work - and neither should you.
This article is easy.
I will show you how to 4 - Yes, only 4 - Additional winning trades per month.
Do not be fooled by the goofy EA developer and internet marketing specialists.
Under 4 profitable trades per month is more than enough to slide in the big boys club.
Why most people reading this article is never a single dollar
most people reading this article is not a penny. Not because the content sucks - it is one of the best tips in the world (for me).
Is it because the people are lazy and do not implement what you learn.
Is it because the people who lose their shit and taking too much risk.
And it is because you may not be able to handle my style. My previous results are really no signs for you no money at all.
You could simply do not have what it needs. But there is a small percentage of people that do. And according to the rules you may be one of them.
There are no guarantees. So read carefully and make sure that it is every word on this page as if your life depends on it. Because it could be easy to change forever - if you have what it takes.
#1. The last (&), only the opportunity for profits in the Forex market
there is this great lie that hundreds of thousands of Forex traders believe.
And you may have believed that this also at one point.
"The Forex market is the most liquid market in the world and therefore can not be manipulated by".
This is simply false.
The governments have been cracking down on the big banks because of their manipulation of a whole series of markets.
Check out this article on the BBC:
Have a look at this chart they supplied:
Have you ever knocked out of a trade, just seemed completely arbitrary?
Well, the chances are someone will be manipulated. And chances are… You do not confirm your trading with a "2-pattern overlay". More on this in a bit.
You and I are small fish in competition with much larger sharks. Sharks, the knowledge that water is better than you.
I used to swim with them. Merrill Lynch was one of 8 companies I worked on Wall Street. They are not on the prisoners.
There are whole teams, the work is to cheat the system. And these are just some of the brightest minds in the world of the best universities in the world.
You have to accept the fact that you do not beat.
This is the reason why, what I have to show is the last opportunity to profit in the foreign exchange market.
Forget to scrape a few pips from the charts.
Forget taking daily pivot trades, or "SNIPER", or FAPTurbos or what ever the idiots are sales of these days.
You have simple daily trades that unfold over a period of days, weeks and sometimes months.
Thanks to the perfect shaft on a boat, you are sure of the sharks on Wall Street.
#2. How to dominate a currency with profitable trades
, which is a lie. You can never 'dominate' a market. This way of thinking is your account is murdered.
However, the rates highly in their favor by one thing.
You can use a simple "2-pattern overlay" before entering a trade
i have with this since the 1980s and it still works better than nothing.
A Million Dollar Client of EF Hutton & Co (another Wall Street Company) called me the "2-Sample Wizard".
Every time I used it he knew he was to have enough cash to buy another house.
Everything you do is look for a minimum of two patterns to confirm the trade".
Now, that does not mean that they confirm an input. You simply confirm that you may want to take a trade.
Here is an example of one of my trades:
I saw a triple “core support bounce”, and then a simple overhead resistance. (If you don’t know how to spot price patterns then don’t worry… I’ll get to that).
DON’T jump into the trade just yet – it isn’t that easy.
You still have to know when to enter. I use a very specific ‘trigger’ that usually means the market is coiled like a spring, ready to burst in the right direction.
Keep reading and you’ll learn all about it.
#3. Use this simple trigger
Most newbies would simply jump into the trade because they saw a “double bottom” or some other pattern.
You and I know better.
You have to wait for the market to form a coil.
There are several different types of market “coils”, however the one I’m about to reveal is the easiest to spot and tends to give me better results.
It is called an “inside day bar”.
So, looking at the daily chart I would wait for this bar to form.
Here’s a real live example from a trade I took a while ago:
Two inside day bars were the beginning of a nice coil. Here’s another example:
#4. Have a narrow stop loss and expect the next burst in motion
remember that silver trading i told you about in the 1980s? It was my first big win.
Although I turned my $8k to $280K the risk was minimal. I have, by scaling in a exploding market. Despite what the people say never do.
Not until you understand the true risks.
It can be a serious psychological effects on them. I once saw a guy in Commodities Corp (now a division of Goldman Sachs) throw his computer in the room because he used his position by scaling in too much.
There is no need to do it.
Simply stick with what I have to reveal and you could walk away with a handful of winning trades per month.
While holding the first stop loss, and then keep it free…
the first stop loss is very tight. I anchor it near the former bar.
If you have made the right price action and bar, should you shoot off in the right direction.
Only 1 of 2 Trades tends to linger. If you turn, then, means that the trade is a dud and your stop loss will kick you quickly.
However, if it is ... it is.
Here is an example for a good trade i.
I have a fat 5.2% in about a week.
This example shows how it immediately jumped in my favor. This means that i is a good coil.
By the way… These are actual trades. My Trading Platform marks it with the small arrows circles.
Here is another example:
EURGBP jumped immediately after a trigger coil for a 2.5% profit in just one day.
I normally do not quit shops on the same day, but 2.5% is a lot of money in my world.
You do not often see 2.5% days. If the daily was like my account would grow by a billion euros each month.
So if it happened ... I will take it.
#5. Leaving the trade for a big profit
so you get 4 additional winning trades.
If you use the spool to the right. Your trade should shoot from the block as Usain Bolt.
In this way you can find a close stop loss. It puts you in an excellent position to make huge profits with a tiny risk.
If your stop loss was far away from your first entry then your risk would be higher and you have to reduce the size of their position.
I therefore recommend that a hard and fast 3:1 risk-return ratio.
If your stop loss is 35 pips away, your profit target is 105 pips (three times the Stop Loss).
Now, admittedly, I use a way more complicated process for my leaves. I could an entire book on it.
However, when I looked back at my last 300 trades, I noticed that when I get this exit strategy I would still have large back.
It is simple and it takes Psychology from the equation.
#6. How to 'never' lose,
I learned this while working in Bridgewater Associates (manage over $170 billion) from a strange looking IRE.
Back in 2011/2012 i forgot this rule and i got properly slaughtered.
It is a story within the book 'Marketing' wizard. There is talk of a large retailer, locks in an area without distractions. No windows. No TV. No computer.
He has his assistant to bring him to his plan named book without instruments.
And he does not know whether he's trading pork bellies or gold. He does not care.
He cares about is the price and the fact that he has no distractions. It means that he loses "never".
My rule gives me the same kind of piece of mind.
Before I in you need to know what I lose with "Never".
If you lose a trade - they are not "lose". It is simply a part of the process. It is the equivalent of an operating expense.
You will always lose trades. However, if you lose your mind and you do not follow their own rules. That is, if you really lose.
So here are the exact rules that you must observe, never lose, always stick to their rules, and always win in the long run.
Do not share your trading results
I once. And only once.
It was a big mistake.
All of a sudden I was responsible for thousands of people, the random hits my profile. This does not work if you are a dealer.
I lost the focus. I kept fussing about whether a trade was a winner or loser. I have not on whether there followed the rules or not.
As long as you follow the rules… You are to win.
If you do not comply with the rules - you lose (even if you are a profit).
Systems and routines are the only thing that you profitable in the long term.
It is the only thing that you protect yourself against the sharks.
Whatever you do - do not share the trading. Not even with her husband or wife.
It will be the external pressure on you.
Not even mention a trade win or lose the trade. Simply tell them you win because they followed the rules.
#7. How to $1m from the trade
would you like to know the real secret?
The one that most people ignore because they are not actually their trade seriously?
Well, it is a system of recording and documentation of your trades in detail.
I call it a trade magazine. Super original right?
Each time i am around a trade, I support.
I take a snapshot of the chart, I am writing from my analysis (the reason why), and then I enter the sequence.
90% of my orders w
By doing this with your Trade can make you much more focused.
If you click on the markets they feel loved it. You will receive an adrenaline.
Stop. Take a deep breath and start recording the trade before it happens.
It gives you the breathing room you need in order to make rational decisions. It helps you to be a winner every time by according to the rules.
I have over 120,000 trades in my life. And the only time I was consistently profitable was when I held a journal.
Seriously. My Journal. It shows you how you should keep your structure for maximum results.
You will also get a better feel for the way I trade.
Now you have two possibilities,
I should congratulate you. You have read the entire article.
But this is only the beginning. You are now faced with two choices.
Option #1
forget what I have said and still do what all others do.
It is easier to follow the flock. Some of the things that I talked about are not easy. Some of them are boring.
But that is what it costs. I think that you know why you probably further…
Option #2
This is the selection of smart Forex dealers.
You grit your teeth and follow the rules.
So that you finally break away from the 'Internet' is heard and actually start, pride, a dealer.
The person who actually makes the "money". How nice would it feel for a change?
I will help you out by my trades for the next 14 without asking you for a penny. Let me know which email address should I send it.
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