How often have you read that in order to be successful in trading you must have a positive risk to reward ratio, reward being 1, 2, 3 or even 4 times your risk. What complete tosh, I’ll show you with real data from my own trading on just 1 instrument since 1st January 2014. First […]
The Myth Surrounding Risk vs Reward – by Ziggy Read More »
Hello guys, My friend and professional trader Ziggy (the author of Ziggy’s alternative approach) was kind enough to keep track of all trades that I published since September 2016. He recently posted some very nice results of an extremely simple method of trading my levels. This method is ideal for for people who are starting
Ziggy’s Easy 20/20 method with 66-68 % strike rate Read More »
Hello, my friends! I would like to share with you some quick tips to help you with your trading! These tips will be mostly about a trading approach, psychology and money management. I personally stick to every one of these. Here they are: Stick to your strategy: Have one or two working strategies that suit
Dale’s trading tips Read More »
Hello guys, hopefully you read my previous articles Market Profile 1 – introduction and Market Profile 2 – different profiles and their application. If not I strongly suggest you to do so. This is the third part of this little Market Profile series. You will probably be confused if you jumped right to this part
Market Profile 3 – my real trades Read More »
Hello my friends! In the previous article Market Profile – introduction I briefly mentioned that there are some different shapes of Market Profile histograms (profiles). I showed you some examples but I didn’t elaborate any further. In this article I would like to go a bit deeper and show you some of the most common shapes
Market Profile 2 – different profiles and their application Read More »
Hello my friends, today I would like to tell you about my way of backtesting new trading ideas and implementing them in my trading. At first I would like to say that there are many very good ways how to approach this. Some people do their backtesting very thoroughly and they are very analytical in
5 phases of backtesting and implementing new ideas Read More »
Hello my Friends! In my article, Price Action – Aggression which you can read by clicking HERE, I was talking about aggressiveness in the market as well as why it is so critical to identify. Now I would like to tell you something about the highs and lows seen on a simple price chart. Forming
Price Action Part 3 – Quickly Identify Strong or Weak Highs and Lows Read More »
Hello my friends! Hopefully you read my previous article Price Action – aggression and you can now identify aggresive trading activity just by watching plain charts. In this article I would like to tell you how to identify big players (big financial institutions, banks, funds,…) who do such aggresive activity to move the markets. Both
Price action 2 – how to identify big players Read More »
Hello my friends! Today I would like to tell you something about my way of using price action. Let me start with a question: What comes to your mind when you hear the term “price action“? I think that lot of people’s idea is that price action = candlestick patterns. In my point of view
Price action 1 – aggression Read More »
Understanding levels I trade all my levels when the price reaches them. If I have for example 2 short levels it doesn’t mean that price will go up to reach those two levels nor does it mean that I think the market is going down. What it means is: If the price reaches 1st short
Basic trading rules for intraday levels Read More »
Sometimes there are days when the market does exactly what you want. For example today’s EUR/USD. Both my short and long levels were hit, the market made quick and precise reaction and I took 2 nice profits. There was no uncertainity nor too much nervousness about it. Just two clean and quick profits. Have a
Don’t let a good day turn into a bad day! Read More »
Here is an article written and kindly provided by my friend Ziggy. He is a professional trader and this is his alternative way to approach trading my intraday levels. I really like this method and I strongly recommend trying it! Thanks Ziggy! You can thank him in the new forum on my webpage! An alternative
Alternative approach – by Ziggy Read More »
SL For every swing trade I use different SL. It is because I search the chart for the best place for the stop loss order. When I publish a new swing level I also mention where my SL is (usually in the Swing Video Commentary). However, there are more ways how to exit a losing
Position management – Swing trades Read More »
SL/PT There are many ways how to trade intraday trades. Here are some good ones 10/12 approach I use PT 10 pips, SL 12 pips. Reasons for this are: It simply suits me to trade with RRR around 1:1 Even when the market goes in a strong trend against your position it could make small
Position management – Intraday trades Read More »
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.
This presentation is for educational purposes only and the opinions expressed are those of the presenter only. All trades presented are NOT TRADED IN A LIVE ACCOUNT and should be considered hypothetical.
