Forex Trading An Introduction
Would you like to know how to use nothing more than the simple standard indicators that everyone has on their trading platform and a starting account with only a thousand dollars? I was able to generate over 5,600 in profit in just 58 days. We will do it. Last year I set myself a challenge.
I decided to try something. I was launching a new strategy and wanted to see if using just the standard stock indicators and my new methodology would give me more successful winning trades. The results were amazing in just 58 days. I turned a small thousand-dollar bill into five thousand six hundred and forty-five dollars and in this video, I want to show you exactly how I did it because I guess you are tired of hearing about great options trading and then when you open an account you start trading. You lose money or you just get confused and frustrated and the truth is most of the options.
Trading experts don’t even teach you the right strategies, they do, depending on whether you already have a lot of experience or enough money to spend. So keep trading, but most of us don’t have that luxury. We need a new way of trading options on a consistent basis so that with successful trades after successful trades, not only does our account grow, but we can transfer money every week without adding funds to cover our losses.
That is the main objective. It is not like this? But the good news for you is that I have discovered a new way to take advantage of the markets that allows anyone, regardless of their experience, to generate these types of results, without knowing everything about the options and without making a fool of themselves. without taking risks taking or participating in high-risk trades without having to worry about the crazy ups and downs in the markets and without having to stare at your computer screens all day! For 15 years I have been an above average trader, an average trader and a below average trader. I used to trade tons of indicators on my charts, looking and scanning for patterns, triangles, and flags, and all those popular methods you always hear about with mixed results.
You would have a good trade, then a bad trade, then a good trade, then a not-so-good trade. I think you get the rather frustrating point here. You can see a typical trade that I would assume.
This is perfect matchcom, chart, uptrend, higher highs, higher lows, a slight pullback in the stock, and I went in, you can see the green arrow where the stock went up and I was a happy camper. My trade at that time was up 80 until the next morning fell 22 percent. I was wiped out in trade. Here is Netflix another perfect setup.
Big trading earnings report came through, blew my mind. I have spent a fortune on books, courses, seminars, commercial services. I had scanned all the right indicators for the strongest stock uptrend, perfect setups, but they still killed me.
What was I missing? I knew someone who had the answer. I called a relative of mine, a professional options trader. From time to time we talked about strategies, indicators, market things, but he always kept his trading methodology to the letter.
So I finally called him and asked if he would share what I was apparently missing or if the markets and experts were deliberately hiding me and all the retailers. It turns out what special indicators and lists and strategies he used. He used a set of standard indicators and specific price charts that could be accessed on any trading platform to create what he called a market forecast for the next day, a market weather report, and then using a simple strategy and setup , would produce one winner after another.
With very low stress, low risk, and a lot of consistency, and this was what I was looking for after spending a few days learning this trading workflow, he suggested I go back and review all my successful trades from the past year and then run this weather analysis. The day before I took the trade, what I found out made me wonder, over 85 percent of all my winning trades were in sync with this report and all my losing trades were inconsistent with the report.
So, I thought, what if I go all in? What if I get rid of all my indicators and strategies and crazy setups? I’m just trying to change the market climate and this simple setup. What if I did this analysis of the market weather report in the morning before trading instead of looking for stocks, instead of listening to the news, which is exactly what I did, I ran this market weather report every morning after about days? So it only took me two minutes to do it.
I ran the following weather report on the market sectors, all of which took about 30 seconds, which led me to his personal stock listings within those winning sectors. As you can see, I started with exactly $997 in a small account. This was my challenge. Can I convert $1,000 to $2,000 or $3,000 in two months? Well, my first transaction was zts in less than a week.
I made four hundred dollars on that trade. The next trades in a row were at sp 500. I got $376, 228, then 218, the next six straight trades got me 77 percent, 100, 82, 83, 309, and 68. Here’s what I missed and that’s not all. In the following weeks I had brought in over 5600. My account went up 566 in just 58 days.