Forex Trading Strategien Eines der mächtigsten Mittel zum Gewinnen eines Handels ist das Portfolio von Forex Trading Strategien von Händlern in verschiedenen Situationen angewendet. Nach einem einzigen System reicht die ganze Zeit nicht für einen erfolgreichen Handel. Jeder Trader sollte wissen, wie man sich allen Marktbedingungen gegenübersieht, was aber nicht so einfach ist und ein tiefes Studium und Verständnis der Ökonomie erfordert. Um Ihnen zu helfen, Ihre pädagogischen Bedürfnisse zu erfüllen und Ihr eigenes Portfolio an Handelsstrategien zu schaffen, bietet Ihnen IFC Markets sowohl zuverlässige Ressourcen für den Handel als auch komplette Informationen über alle populären und einfachen Forex Trading Strategien, die von erfolgreichen Händlern angewendet werden. Die Handelsstrategien, die wir vertreten, eignen sich für alle Händler, die Anfänger im Handel sind oder ihre Fähigkeiten verbessern wollen. Alle nachstehend klassifizierten und erläuterten Strategien sind für Bildungszwecke und können von jedem Händler auf andere Weise angewendet werden. Trading-Strategien auf der Grundlage von Forex-Analyse Forex Technische Analyse-Strategien Forex Trend Trading-Strategie Unterstützung und Widerstand Trading-Strategie Forex Range Trading-Strategie Technische Indikatoren in Forex Trading-Strategien Forex Charts Trading-Strategien Forex Volumen Trading-Strategie Mehrere Zeitrahmen Analyse-Strategie Forex Trading-Strategie auf der Grundlage der fundamentalen Analyse Forex Trading-Strategie auf der Grundlage von Markt-Sentiment Forex-Strategien auf der Grundlage von Trading-Stil Forex Day Trading-Strategien Forex Scalping-Strategie Fading Trading-Strategie Tägliche Pivot Trading-Strategie Momentum Trading-Strategie Tragen Handelsstrategie Forex Hedging-Strategie Portfolio Basket Trading-Strategie Kaufen und halten Strategie Spread-Paar Trading-Strategie Swing Trading-Strategie Forex-Strategien auf der Grundlage von Trading-Order-Typen Algorithmische Trading-Strategien Tweet Trading-Strategien auf der Grundlage von Forex-Analyse Vielleicht ist der größte Teil der Forex Trading-Strategien basiert auf den wichtigsten Arten von Forex-Marktanalyse verwendet, um die Marktbewegung zu verstehen. Diese Hauptanalyseverfahren umfassen technische Analyse, fundamentale Analyse und Marktstimmung. Jede der genannten Analysemethoden wird in einer bestimmten Weise verwendet, um den Markttrend zu identifizieren und vernünftige Vorhersagen über zukünftiges Marktverhalten zu machen. Wenn sich in der technischen Analyse die Händler vor allem mit verschiedenen Charts und technischen Instrumenten befassen, um die Vergangenheit, den gegenwärtigen und zukünftigen Zustand der Devisenpreise zu vermitteln, wird in der Fundamentalanalyse die makroökonomischen und politischen Faktoren berücksichtigt, die den Devisenmarkt direkt beeinflussen können. Ein ganz anderer Ansatz für den Markttrend ist die Marktstimmung, die auf der Haltung und Meinungen der Händler basiert. Im Folgenden können Sie über jede Analyse-Methode im Detail zu lesen. Tweet Forex Technische Analyse-Strategien Forex technische Analyse ist die Untersuchung der Markt-Aktion in erster Linie durch die Verwendung von Charts für die Zwecke der Prognose der zukünftigen Preisentwicklung. Forex Trader können Strategien entwickeln, die auf verschiedenen technischen Analysewerkzeugen basieren, einschließlich Markttrend, Volumen, Reichweite, Unterstützung und Widerstandsniveaus, Diagrammmuster und Indikatoren sowie eine Mehrfachzeitrahmenanalyse mit verschiedenen Zeitrahmendiagrammen. Die technische Analysestrategie ist eine entscheidende Methode zur Bewertung von Vermögenswerten, die auf der Analyse und der Statistik der vergangenen Marktmaßnahmen beruht, wie etwa die vergangenen Preise und das vergangene Volumen. Das Hauptziel der technischen Analysten ist nicht die Messung von Vermögenswerten, die dem Wert zugrunde liegen, sie versuchen, Diagramme oder andere Werkzeuge der technischen Analyse zu verwenden, um Muster zu bestimmen, die dazu beitragen, zukünftige Marktaktivitäten zu prognostizieren. Ihr fester Glaube ist, dass die zukünftige Leistung der Märkte durch die historische Leistung angezeigt werden kann. Tweet Forex Trend Trading Strategie Trend stellt eines der wichtigsten Konzepte in der technischen Analyse. Alle technischen Analysewerkzeuge, die ein Analytiker verwendet, haben einen einzigen Zweck: helfen, den Markttrend zu identifizieren. Die Bedeutung des Forex-Trends unterscheidet sich nicht so sehr von seiner allgemeinen Bedeutung - es ist nichts weiter als die Richtung, in die sich der Markt bewegt. Aber genauer gesagt, der Devisenmarkt bewegt sich nicht in einer geraden Linie, seine Bewegungen zeichnen sich durch eine Reihe von Zickzacken aus, die aufeinanderfolgenden Wellen mit klaren Gipfeln und Trögen oder Höhen und Tiefen ähneln, wie sie oft genannt werden. Wie wir bereits erwähnt haben, besteht der Devisen-Trend aus einer Reihe von Höhen und Tiefen, und je nach Bewegung dieser Gipfel und Tröge kann man die Trends auf dem Markt verstehen. Obwohl die meisten Menschen denken, dass der Devisenmarkt entweder aufwärts oder abwärts sein kann, gibt es tatsächlich nicht zwei, sondern drei Arten von Trends: Händler und Investoren konfrontieren drei Arten von Entscheidungen: gehen lange, dh zu kaufen, gehen kurz, dh zu verkaufen, oder Bleib beiseite, also nichts zu tun Bei jeder Art von Trend sollten sie eine spezifische Strategie entwickeln. Die Kaufstrategie ist vorzuziehen, wenn der Markt steigt und umgekehrt wäre die Verkaufsstrategie richtig, wenn der Markt untergeht. Aber wenn der Markt seitwärts bewegt die dritte Möglichkeit, beiseite zu bleiben - wird die klügste Entscheidung sein. Tweet Support und Resistance Trading-Strategie Um das Wesen der Unterstützung und Widerstand Trading-Strategie vollständig zu verstehen, sollten Sie zunächst wissen, was eine horizontale Ebene ist. Eigentlich ist es ein Preisniveau, das entweder eine Unterstützung oder einen Widerstand auf dem Markt anzeigt. Die Unterstützung und der Widerstand in der technischen Analyse sind die Bedingungen für Preis Tiefs und Höhen jeweils. Der Begriff Unterstützung zeigt den Bereich auf dem Diagramm an, wo das Kaufinteresse deutlich stark ist und den Verkaufsdruck übertrifft. Es ist in der Regel von früheren Mulden markiert. Widerstandsniveau, im Gegensatz zu der Stützniveau, stellt einen Bereich auf dem Diagramm dar, in dem Verkaufsinteressen den Kaufdruck überwindet. Es ist in der Regel von früheren Gipfeln markiert. Um eine Unterstützungs - und Widerstandsstrategie zu entwickeln, sollten Sie sich bewusst sein, wie der Trend durch diese horizontalen Ebenen identifiziert wird. Für einen Aufwärtstrend sollte also jede aufeinanderfolgende Stützstufe höher sein als die vorherige, und jeder aufeinanderfolgende Widerstandswert sollte höher sein als derjenige, der ihm vorausgeht. Falls dies nicht der Fall ist, wenn das Stützniveau auf den vorherigen Trog kommt, kann es bedeuten, dass der Aufwärtstrend zum Ende kommt oder zumindest in einen seitlichen Trend verwandelt wird. Es ist wahrscheinlich, dass Trendumkehr von oben nach unten auftreten wird. Die entgegengesetzte Situation findet in einem Abwärtstrend statt, wobei der Ausfall jedes Unterstützungsniveaus, um sich niedriger als der vorherige Trog zu bewegen, erneut Änderungen in dem bestehenden Trend signalisieren kann. Das Konzept hinter der Unterstützung und Widerstand Handel ist immer noch das gleiche - Kauf einer Sicherheit, wenn wir erwarten, dass es im Preis zu erhöhen und zu verkaufen, wenn erwartet, dass sein Preis nach unten gehen. Wenn also der Preis auf die Support-Ebene fällt, beschließen die Händler, die Nachfrage zu erwerben und den Preis zu steigern. In gleicher Weise, wenn der Preis auf ein Widerstandsniveau steigt, entscheiden sich die Händler zu verkaufen, schaffen einen Abwärtsdruck und treiben den Preis nach unten. Tweet Forex Range Trading-Strategie Range Trading-Strategie, die auch als Channel-Trading bezeichnet wird, ist in der Regel mit dem Mangel an Markt Richtung verbunden und es wird während der Abwesenheit eines Trends verwendet. Range Trading identifiziert Währung Preis Bewegung in Kanälen und die erste Aufgabe dieser Strategie ist es, die Reichweite zu finden. Dieser Vorgang kann durchgeführt werden, indem eine Reihe von Höhen und Tiefen mit einer horizontalen Trendlinie verbunden wird. Mit anderen Worten, der Händler sollte die wichtigsten Unterstützung und Widerstand Ebenen mit dem Bereich zwischen als bekannt als Trading-Bereich zu finden. Im Bereich Handel ist es ganz einfach, die Bereiche zu finden, um Profit zu nehmen. Sie können bei der Unterstützung kaufen und an Widerstand verkaufen, solange die Sicherheit nicht aus dem Kanal ausgebrochen ist. Andernfalls, wenn die Ausbruchrichtung für Ihre Position nicht günstig ist, können Sie riesige Verluste erleben. Range Trading tatsächlich funktioniert in einem Markt mit gerade genug Volatilität, durch die der Preis geht auf wackeln in den Kanal ohne aus der Reichweite zu brechen. In dem Fall, in dem das Niveau der Unterstützung oder des Widerstands bricht, sollten Sie bereichsbezogene Positionen verlassen. Die effizienteste Art der Steuerung von Risiken im Bereich Handel ist die Verwendung von Stop-Loss-Aufträgen, wie die meisten Händler tun. Sie setzen Verkauf Limit Orders unter Widerstand beim Verkauf der Reichweite und setzen Sie die nehmen Profit in der Nähe Unterstützung. Bei der Kaufunterstützung legen sie Kauflimitaufträge über Unterstützung und Ort nehmen Gewinnaufträge in der Nähe des zuvor identifizierten Widerstandsniveaus. Und Risiken können verwaltet werden, indem Sie Stop-Loss-Aufträge über dem Widerstandswert beim Verkauf der Widerstandszone eines Bereichs und unterhalb der Support-Ebene beim Kauf von Support. Tweet Technische Indikatoren in Forex Trading Strategien Technische Indikatoren sind Berechnungen, die auf dem Preis und dem Volumen eines Wertpapiers basieren. Sie werden sowohl verwendet, um den Trend und die Qualität der Chart-Muster zu bestätigen, und zu helfen Händler bestimmen die Kauf-und Verkauf von Signalen. Die Indikatoren können separat angewendet werden, um zu kaufen und verkaufen Signale, sowie können zusammen verwendet werden, in Verbindung mit Diagrammmuster und Preisbewegung. Technische Analyse Indikatoren können kaufen und verkaufen Signale durch gleitende durchschnittliche Übergänge und Divergenz. Crossover spiegeln sich wider, wenn der Preis durch den gleitenden Durchschnitt geht oder wenn sich zwei verschiedene gleitende Durchschnitte kreuzen. Divergenz passiert, wenn die Preisentwicklung und der Indikator Trend in entgegengesetzte Richtungen bewegen, was darauf hinweist, dass die Richtung der Preisentwicklung schwächer ist. Sie können separat angewendet werden, um zu kaufen und zu verkaufen Signale, sowie können zusammen verwendet werden, in Verbindung mit dem Markt. Allerdings sind nicht alle von ihnen weit verbreitet von Händlern. Die folgenden Indikatoren, die unten erwähnt werden, sind für Analysten von größter Bedeutung und mindestens einer von ihnen wird von jedem Händler verwendet, um seine Handelsstrategie zu entwickeln: Moving Average Bollinger Bands Relative Strength Index (RSI) Stochastischer Oszillator Moving Average ConvergenceDivergenz (MACD) ADX Momentum Sie können Leicht zu erlernen, wie man jeden Indikator benutzt und Handelsstrategien durch Indikatoren entwickelt. Tweet Forex Charts Trading Strategien In Forex technische Analyse ein Diagramm ist eine grafische Darstellung der Preisbewegungen über einen bestimmten Zeitraum. Es kann Sicherheiten Preisbewegung über einen Monat oder ein Jahr Zeitraum zeigen. Je nachdem, welche Informationen Händler suchen und welche Fähigkeiten sie beherrschen, können sie bestimmte Arten von Diagrammen verwenden: das Balkendiagramm, das Liniendiagramm, das Leuchterdiagramm und das Punkt - und Bilddiagramm. Auch können sie eine spezifische Strategie mit den folgenden populären technischen Diagrammmustern entwickeln: Dreiecke Flaggen Wimpel Der Keil Das Rechteck Muster Die Kopf - und Schultern Muster Doppelte Oberseiten und doppelte Unterseiten Dreifache Oberseiten und dreifache Unterseiten Sie können leicht lernen, wie man Diagramme benutzt und Handelsstrategien entwickelt Nach Diagrammmustern Tweet Forex Volume Trading Strategie Volumen zeigt die Anzahl der Wertpapiere, die über eine bestimmte Zeit gehandelt werden. Höheres Volumen zeigt einen höheren Grad an Intensität oder Druck an. Einer der wichtigsten Faktoren im Handel wird immer von Chartisten analysiert und geschätzt. Um die Aufwärts - oder Abwärtsbewegung des Volumens zu bestimmen. Sie schauen auf die Handelsvolumen-Gistogramme, die normalerweise am unteren Rand des Diagramms dargestellt werden. Jede Preisbewegung ist von Bedeutung, wenn sie von einem relativ hohen Volumen begleitet wird, als wenn sie von einem schwachen Volumen begleitet wird. Durch die Betrachtung von Trend und Volumen zusammen, verwenden Techniker zwei verschiedene Werkzeuge, um den Druck zu messen. Wenn die Preise höher sind, wird es offensichtlich, dass es mehr Kauf als Verkaufsdruck gibt. Wenn das Volumen während eines Aufwärtstrends zu sinken beginnt, signalisiert es, dass der Aufwärtstrend zu Ende geht. Wie von Forex Analyst erwähnt Huzefa Hamid Volumen ist das Gas in den Tank der Handelsmaschine. Obwohl die meisten Händler Präferenz nur auf technische Charts und Indikatoren, um Handelsentscheidungen zu treffen, ist das Volumen erforderlich, um den Markt zu bewegen. Allerdings können nicht alle Datenträgertypen den Handel beeinflussen, das Volumen der großen Geldmengen, die innerhalb des gleichen Tages gehandelt werden und den Markt stark beeinflussen. Tweet Mehrere Zeitrahmenanalyse-Strategie, die mehrfache Zeitrahmen-Analyse verwendet, schlägt vor, einen bestimmten Sicherheitspreis über verschiedenen Zeitrahmen zu folgen. Da ein Sicherheitspreis mittlerweile durch mehrere Zeitrahmen bewegt, ist es sehr nützlich für Händler, verschiedene Zeitrahmen zu analysieren, während er den Handelskreis der Sicherheit bestimmt. Durch die Multiple Time Frame Analysis (MTFA) können Sie den Trend sowohl auf kleineren als auch größeren Skalen bestimmen und den Gesamtmarktverlauf identifizieren. Der gesamte Prozess der MTFA beginnt mit der genauen Identifikation der Marktrichtung auf höheren Zeitrahmen (lang, kurz oder vermittler) und analysiert sie durch niedrigere Zeitrahmen ab einem 5-minütigen Chart. Erfahrener Trader Corey Rosenbloom glaubt, dass in der Mehrfachzeitrahmenanalyse monatliche, wöchentliche und tägliche Charts verwendet werden sollten, um zu beurteilen, wann sich die Trends in die gleiche Richtung bewegen. Allerdings kann dies zu Problemen führen, weil Zeitrahmen nicht immer ausrichten und verschiedene Arten von Trends auf verschiedenen Zeitrahmen stattfinden. Ihm zufolge gibt die Analyse der unteren Zeitrahmen mehr Informationen. Tweet Forex Trading-Strategie auf Fundamentalanalyse basiert Während technische Analyse konzentriert sich auf die Studie und vergangene Leistung von Marktmaßnahmen, Forex Fundamentalanalyse konzentriert sich auf die grundlegenden Gründe, die einen Einfluss auf die Marktrichtung zu machen. Die Prämisse der Forex-Fundamentalanalyse ist, dass makroökonomische Indikatoren wie Wirtschaftswachstumsraten, Zins - und Arbeitslosenquoten, Inflation oder wichtige politische Fragen Auswirkungen auf die Finanzmärkte haben und daher für die Handelsentscheidungen genutzt werden können. Techniker finden es nicht notwendig, die Gründe für Marktveränderungen zu kennen, aber Fundamentalisten versuchen zu entdecken, warum. Letztere analysieren makroökonomische Daten eines bestimmten Landes oder verschiedener Länder, um das jeweilige Landwährungsverhalten in der nächsten Zukunft zu prognostizieren. Auf der Grundlage bestimmter Ereignisse oder Berechnungen können sie beschließen, die Währung in der Hoffnung zu kaufen, dass diese im Wert steigen wird und sie in der Lage sein werden, sie zu einem höheren Preis zu verkaufen, oder sie werden die Währung verkaufen, um sie später zu einem niedrigeren zu kaufen Preis. Der Grund, warum grundlegende Analytiker so lange Zeiträume verwenden, ist folgendes: Die Daten, die sie studieren, werden viel langsamer generiert als die Preis - und Volumendaten, die von technischen Analytikern verwendet werden. Tweet Forex Trading-Strategie auf der Grundlage von Markt Sentiment Markt Stimmung ist definiert durch Investoren Haltung gegenüber dem Finanzmarkt oder eine besondere Sicherheit. Was die Leute fühlen und wie sich das im Forex-Markt verhält, ist das Konzept hinter der Marktstimmung. Die Bedeutung des Verständnisses der Meinungen einer Gruppe von Menschen zu einem bestimmten Thema kann nicht unterschätzt werden. Für jeden Zweck kann die Stimmungsanalyse Einblick geben, der wertvoll ist und hilft, richtige Entscheidungen zu treffen. Alle Händler haben ihre eigenen Meinungen über die Marktbewegung, und ihre Gedanken und Meinungen, die sich direkt in ihren Transaktionen widerspiegeln, helfen, die allgemeine Stimmung des Marktes zu bilden. Der Markt selbst ist ein sehr komplexes Netzwerk, das sich aus einer Anzahl von Personen zusammensetzt, deren Positionen tatsächlich die Stimmung des Marktes darstellen. Allerdings können Sie allein nicht machen den Markt zu Ihrem Gunst als Trader Sie haben Ihre Meinung und Erwartungen aus dem Markt, aber wenn Sie denken, dass Euro wird steigen, und andere nicht so denken, können Sie nichts dagegen tun. Hier wird die Marktstimmung als bullish betrachtet, wenn die Anleger eine Aufwärtsbewegungsbewegung erwarten, während die Anleger erwarten, dass der Preis nach unten gehen wird, wird die Marktstimmung bärisch sein. Die Strategie, die Forex-Marktstimmung zu verfolgen, dient als gutes Mittel zur Vorhersage der Marktbewegung und ist für konträre Investoren von großer Bedeutung, die in die entgegengesetzte Richtung der Marktstimmung handeln wollen. Wenn also die vorherrschende Marktstimmung bullisch ist (alle Händler kaufen), würde ein konträrer Investor verkaufen. Tweet Forex Strategien auf Trading-Stil Forex Trading-Strategien können durch die folgenden populären Trading-Stile, die Tag Handel sind, tragen Handel, kaufen und halten Strategie, Hedging, Portfolio-Handel, Spread-Handel, Swing-Trading, Order Trading und algorithmischen Handel entwickelt werden. Die Verwendung und Entwicklung von Handelsstrategien hängt meistens vom Verständnis Ihrer Stärken und Schwächen ab. Um im Handel erfolgreich zu sein, sollten Sie die beste Art des Handels finden, die zu Ihrer Persönlichkeit passt. Es gibt keine feste richtige Art, den richtigen Weg für andere zu tun, kann nicht funktionieren Für dich Unten können Sie über jeden Trading-Stil zu lesen und definieren Sie Ihre eigenen. Tweet Forex Day Trading Strategies Day Trading-Strategie stellt den Akt der Kauf und Verkauf einer Sicherheit innerhalb des gleichen Tages, was bedeutet, dass ein Tag Trader kann keine Handelsposition über Nacht halten. Day Trading Strategien gehören Skalping, Fading, tägliche Pivots und Impulshandel. Im Falle des täglichen Handels können Sie mehrere Trades innerhalb eines Tages durchführen, aber alle Handelspositionen vor dem Marktschluss liquidieren. Ein wichtiger Faktor, um im Tageshandel zu erinnern ist, dass je länger Sie die Positionen halten, desto höher ist Ihr Risiko zu verlieren. Abhängig von der Handelsart, die Sie wählen, kann sich das Preisziel ändern. Im Folgenden können Sie sich über die am weitesten verbreiteten Day Trading Strategien zu lernen. Tweet Forex Scalping Strategie Forex Scalping ist eine Day Trading-Strategie, die auf schnelle und kurze Transaktionen basiert und wird verwendet, um viele Gewinne auf kleinere Preisänderungen zu machen. Diese Art von Händlern, die als Skalierer bezeichnet werden, können bis zu 2 Hunderte Trades innerhalb eines Tages durchführen, der glaubt, dass kleinere Preisbewegungen viel einfacher zu folgen sind als große. Das Hauptziel der nach dieser Strategie ist es, zu kaufen verkaufen eine Menge von Wertpapieren bei der Geldbörse Preis und in kurzer Zeit verkaufen sie zu einem höheren Preis, um einen Gewinn zu machen. Es gibt besondere Faktoren für Forex Scalping. Hierbei handelt es sich um Liquidität, Volatilität, Zeitrahmen und Risikomanagement. Die Marktliquidität hat einen Einfluss darauf, wie die Händler das Scalping durchführen. Einige von ihnen bevorzugen den Handel auf einem liquideren Markt, so dass sie sich leicht in und aus großen Positionen bewegen können, während andere den Handel auf einem weniger liquiden Markt bevorzugen, der größere Bid-Ask-Spreads aufweist. Soweit es sich auf Volatilität bezieht, haben Skalierer eher stabile Produkte, für sie keine Sorgen um plötzliche Preisänderungen. Wenn ein Sicherheitspreis stabil ist, können Skalierer auch durch die Festlegung von Aufträgen auf dem gleichen Gebot profitieren und fragen, Tausende von Trades machen. Der Zeitrahmen in der Scalping-Strategie ist deutlich kurz und die Händler versuchen, von solchen kleinen Marktbewegungen zu profitieren, die sogar schwer auf einer Minute zu sehen sind. Zusammen mit der Herstellung von Hunderten von kleinen Gewinnen während eines Tages, können Skalierer gleichzeitig Hunderte von kleinen Verlusten aufrecht zu erhalten. Daher sollten sie ein strenges Risikomanagement entwickeln, um unerwartete Verluste zu vermeiden. Tweet Fading Trading-Strategie Fading in den Bedingungen der Devisenhandel bedeutet Handel gegen den Trend. Wenn der Trend steigt, werden verblassende Händler verkaufen erwarten, dass der Preis zu fallen und in der gleichen Weise werden sie kaufen, wenn der Preis steigt. Hierbei setzt diese Strategie den Verkauf der Sicherheit voraus, wenn der Preis steigt und kauft, wenn der Preis fällt oder als Fading bezeichnet wird. Es wird als kontra - nale Tageshandelsstrategie bezeichnet, die verwendet wird, um gegen den vorherrschenden Trend zu handeln. Im Gegensatz zu anderen Arten von Handel, die Hauptziel ist es, die vorherrschende Tendenz folgen, bedeutet Fading Handel eine Position, die gegen den primären Trend geht zu nehmen. Die Hauptannahmen, auf denen die Schwundstrategie basiert, sind: Wertpapiere sind überkauft Zukünftige Käufer sind bereit, Gewinne zu nehmen Aktuelle Käufer können gefährdet sein Obwohl Fading der Markt sehr riskant sein kann und eine hohe Risikobereitschaft erfordert, kann es äußerst rentabel sein. Zur Durchführung der Fading-Strategie können zwei Limit-Aufträge zu den angegebenen Preisen platziert werden - eine Kauflimit-Order sollte unter dem aktuellen Kurs liegen und eine Verkaufslimit-Order sollte darüber liegen. Fading-Strategie ist äußerst riskant, da es bedeutet, gegen den vorherrschenden Markttrend zu handeln. Allerdings kann es auch vorteilhaft sein - verblassene Händler können von jeder Preisumkehr profitieren, denn nach einem starken Anstieg oder Abfall der Währung wird erwartet, dass sie einige Umkehrungen zeigt. So, wenn richtig verwendet, kann Fading-Strategie eine sehr rentable Art des Handels sein. Seine Anhänger sind geglaubt, um Risiko-Abnehmer, die Risikomanagement-Regeln zu folgen und versuchen, aus jedem Handel mit Gewinn zu bekommen. Tweet Daily Pivot Trading-Strategie Pivot Trading zielt darauf ab, einen Gewinn aus der currencys tägliche Volatilität zu gewinnen. In ihrem Grundsinn ist der Drehpunkt als Wendepunkt definiert. Es wird als ein technischer Indikator betrachtet, der durch die Berechnung des numerischen Durchschnitts der hohen, niedrigen und schließenden Preise der Währungspaare abgeleitet wird. Das Hauptkonzept dieser Strategie ist es, zum niedrigsten Preis des Tages zu kaufen und zu dem höchsten Preis des Tages zu verkaufen. Mitte der neunziger Jahre veröffentlichte ein professioneller Trader und Analytiker Thomas Aspray wöchentliche und tägliche Pivot-Levels für die Bargeld-Devisenmärkte an seine institutionellen Kunden. Wie er erwähnt, waren damals die Pivotwochenstufen nicht in technischen Analysenprogrammen verfügbar, und die Formel wurde auch nicht weit verbreitet. Aber im Jahr 2004 das Buch von John Person, Complete Guide to Technical Trading Taktik: Wie man mit Pivot Points profitieren, Candlesticks Andere Indikatoren zeigten, dass Pivotpunkte seit über 20 Jahren in Betrieb waren. In den letzten Jahren war es noch überraschend für Thomas, das Geheimnis der vierteljährlichen Pivotpunktanalyse zu entdecken, wieder wegen John Person. Derzeit sind die grundlegenden Formeln der Berechnung von Pivot-Punkten verfügbar und werden weitgehend von Händlern verwendet. Darüber hinaus können Pivot-Punkte-Rechner leicht im Internet gefunden werden. Für die aktuelle Trading-Session wird der Pivotpunkt wie folgt berechnet: Pivot Point (Previous High Previous Low Previous Close) 3 Die Basis der täglichen Pivots ist es, die Support - und Resistenzniveaus auf dem Chart zu bestimmen und die Ein - und Ausspeisepunkte zu identifizieren. Dies kann durch die folgenden Formeln erfolgen: S1 - Support Level 1 R2 - Resistance Level 2 S2 - Support Level 2 Tweet Momentum Trading Strategie Momentum Handel basiert eigentlich auf der Suche nach der stärksten Sicherheit, die auch wahrscheinlich höher zu handeln ist. Es basiert auf Das Konzept, dass sich der bestehende Trend eher fortsetzen wird als umgekehrt. Ein Händler, der dieser Strategie folgt, ist wahrscheinlich, eine Währung zu kaufen, die einen Aufwärtstrend gezeigt hat und eine Währung verkauft, die einen Abwärtstrend gezeigt hat. So, im Gegensatz zu täglichen Pivots Händler, die niedrig kaufen und verkaufen hoch, Impuls Händler kaufen hoch und verkaufen höher. Momentum-Händler verwenden verschiedene technische Indikatoren wie MACD, RSI, Impuls-Oszillator, um die Währungspreisbewegung zu bestimmen und zu entscheiden, welche Position zu nehmen ist. Sie betrachten auch die Nachrichten und das schwere Volumen, um richtige Handelsentscheidungen zu treffen. Der Momentum-Handel erfordert die Abonnement von Nachrichtendiensten und die Überwachung von Preisalarmen, um weiterhin Gewinn zu erzielen. Laut einem bekannten Finanzanalysten Larry Light können Impulsstrategien Investoren helfen, den Markt zu schlagen und Abstürze zu vermeiden, wenn sie mit Trendfolgen gekoppelt sind, die sich nur auf Aktien konzentrieren, die gewinnen. Tweet Carry Trade Strategy Carry Handel ist eine Strategie, durch die ein Händler eine Währung in einem Niedrigzinsland leiht, wandelt es in eine Währung in einem hohen Zinsland und investiert es in hochgradige Schuldverschreibungen dieses Landes. Anleger, die diese Strategie verfolgen, leihen Geld zu einem niedrigen Zinssatz, um in eine Sicherheit zu investieren, von der erwartet wird, dass sie eine höhere Rendite erzielt. Carry-Handel ermöglicht es, einen Gewinn aus dem nicht-flüchtigen und stabilen Markt zu machen, da hier eher der Unterschied zwischen den Zinssätzen der Währungen umso höher ist, je höher der Unterschied, desto größer der Gewinn. Bei der Entscheidung, welche Währungen der Handel mit dieser Strategie ist, sollten Sie die erwarteten Änderungen der Zinssätze bestimmter Währungen berücksichtigen. Das Prinzip ist einfach - eine Währung kaufen, deren Zinssatz voraussichtlich steigen und die Währung verkaufen wird, deren Zinssatz voraussichtlich sinken wird. Dies bedeutet jedoch nicht, dass die Preisänderungen zwischen den Währungen absolut unwichtig sind. So können Sie in eine Währung wegen seines hohen Zinssatzes investieren, aber wenn der Währungspreis sinkt und Sie den Handel schließen, können Sie feststellen, dass, obwohl Sie von dem Zinssatz profitiert haben, den Sie auch vom Handel verloren haben, weil der Unterschied in der buysell Preis. Deshalb eignet sich der Handel meist für den Trend - oder Seitenmarkt, wenn die Preisbewegung für einige Zeit gleich bleibt. Tweet Forex Hedging-Strategie Hedging wird allgemein als eine Strategie verstanden, die Investoren vor Auftreten von Ereignissen schützt, die bestimmte Verluste verursachen können. Die Idee hinter der Währungsabsicherung ist, eine Währung zu kaufen und eine andere zu verkaufen, in der Hoffnung, dass die Verluste auf einem Handel durch die Gewinne, die auf einem anderen Handel gemacht werden, ausgeglichen werden. Diese Strategie arbeitet am effizientesten, wenn die Währungen negativ korreliert sind. So solltest du eine zweite Sicherheit abgesehen von der, die du bereits besitzt, kaufen, um es zu hecken, sobald es sich in einer unerwarteten Richtung bewegt. Diese Strategie, im Gegensatz zu den meisten bereits diskutierten Handelsstrategien, wird nicht genutzt, um einen Gewinn zu erzielen, sondern eher das Risiko und die Unsicherheit zu reduzieren. Es wird als eine bestimmte Art von Strategie betrachtet, deren einziger Zweck es ist, das Risiko abzuschwächen und die Gewinnmöglichkeiten zu verbessern. Als Beispiel können wir einige Währungspaare nehmen und versuchen, eine Hecke zu schaffen. Lets sagen, dass zu einem bestimmten Zeitpunkt der US-Dollar stark ist, und einige Währungspaare einschließlich USD zeigen unterschiedliche Werte. Wie ist GBPUSD um 0.60, JPYUSD ist um 0,75 und EURUSD um 0.30 herunter. Als direktionaler Handel sollten wir das EURUSD-Paar, das am wenigsten ist, besser machen und zeigt daher, dass sich die Marktrichtung ändern wird, wenn die Marktrichtung sich ändert, wird sie höher als die anderen Paare. Nach dem Kauf des EURUSD-Paares müssen wir ein Währungspaar wählen, das als Hecke dienen kann. Wiederum sollten wir uns die Währungswerte anschauen und diejenige auswählen, die die vergleichsweiseste Schwäche zeigt. In unserem Beispiel war es JPY, und EURJPY wäre eine gute Wahl. So können wir unseren Handel abkaufen EURUSD absichern und EURJPY verkaufen. Was wichtiger ist, um bei der Währungsabsicherung zu beachten ist, dass die Risikoreduktion immer bedeutet Gewinnreduktion, hier bedeutet Hedging-Strategie nicht garantieren riesige Gewinne, sondern es kann Ihre Investition zu sichern und Ihnen helfen, Verluste zu entkommen oder zumindest reduzieren ihr Ausmaß. Allerdings, wenn es richtig entwickelt, kann die Währungssicherungsstrategie zu Gewinnen für beide Trades führen. Tweet Portfolio Basket Trading-Strategie Portfolio-Handel, der auch als Korbhandel bezeichnet werden kann, basiert auf der Kombination verschiedener Vermögenswerte, die zu verschiedenen Finanzmärkten gehören (Forex, Aktien, Futures etc.). Das Konzept hinter Portfolio-Handel ist die Diversifizierung, eines der beliebtesten Mittel der Risikominderung. Durch eine intelligente Asset Allocation Trader schützen sich vor Marktvolatilität, reduzieren das Risiko Ausmaß und halten die Gewinnbilanz. Es ist sehr wichtig, ein diversifiziertes Portfolio zu schaffen, um Ihr Handelsziel zu erreichen. Ansonsten wird diese Art von Strategie ziellos sein. Sie sollten Ihr Portfolio mit solchen Wertpapieren (Währungen, Aktien, Rohstoffe, Indizes) kompilieren, die nicht strikt korreliert sind, was bedeutet, dass ihre Renditen sich nicht in einem perfekten Einklang bewegen. Durch das Mischen von verschiedenen Vermögenswerten in Ihrem Portfolio, die in negativer Korrelation sind, mit einem Wertpapier Preis steigen und die anderen gehen Sie können die Portfolios Gleichgewicht zu halten, damit die Erhaltung Ihrer Gewinn und die Verringerung der Gefahr. Derzeit bietet IFC Markets Personal Composite Instrument (PCI) Kreation und Handelstechnologie auf Basis der GeWorko Methode an. Was es noch viel einfacher macht, Portfolio-Trading durchzuführen. Die Technologie ermöglicht es, Portfolios mit nur zwei Vermögenswerten zu erstellen und bis zu zehn verschiedene Finanzinstrumente einzubeziehen, sowohl lange als auch kurze Positionen innerhalb eines Portfolios zu öffnen, die Vermögensgeschichte zu sehen, die bis zu 40 Jahre verlängert, eigene PCIs erstellen. Verwenden Sie eine Vielzahl von Marktanalyse-Tools, wenden Sie verschiedene Handelsstrategien an und optimieren und optimieren Sie Ihr Investmentportfolio kontinuierlich. Mit anderen Worten, die GeWorko-Methode ist eine Lösung, mit der Sie Strategien entwickeln und anwenden können, die Ihren Präferenzen am besten entsprechen. Tweet Kaufen und Halten Strategie Kaufen und halten Strategie ist eine Art von Investitionen und Handel, wenn ein Händler kauft die Sicherheit und hält es für eine lange Zeit. Ein Händler, der Ankaufstrategie beschäftigt und hält, interessiert sich nicht für kurzfristige Kursbewegungen und technische Indikatoren. Eigentlich ist diese Strategie meist von Aktienhändlern verwendet, aber einige Forex-Händler verwenden sie auch und beziehen sich darauf als eine bestimmte Methode der passiven Investition. Sie verlassen sich häufig auf fundamentale Analysen und nicht auf technische Charts und Indikatoren. Dies hängt bereits von der Art des Investors ab, um zu entscheiden, wie man diese Strategie anwendet. Ein passiver Investor würde die grundlegenden Faktoren wie die Inflations - und Arbeitslosenquoten des Landes beobachten, dessen Währung er investiert hat, oder sich auf die Analyse des Unternehmens stützen würde, dessen Aktien er besitzt, wenn man bedenkt, dass die Wachstumsstrategie der Unternehmen, die Qualität ihrer Produkte, Etc. Für einen aktiven Investor wäre es effektiver, technische Analyse oder andere mathematische Maßnahmen anzuwenden, um zu entscheiden, ob zu kaufen oder zu verkaufen. Tweet Spread Paar Trading Strategie Paar Handel (Spread Trading) ist der gleichzeitige Kauf und Verkauf von zwei Finanzinstrumenten in Bezug auf einander. Die Differenz der Preisänderungen dieser beiden Instrumente macht den Handelsgewinn oder - verlust. Durch diese Strategie haben die Trader mittlerweile zwei gleiche und direkt entgegengesetzte Positionen offen, die sich gegenseitig kompensieren können. Spread Trading kann von zwei Arten: Intra-Markt-und Inter-Rohstoff-Spreads. Im ersten Fall können die Händler Long - und Short-Positionen auf demselben zugrunde liegenden Asset-Handel in verschiedenen Formen (z. B. in Spot - und Futures-Märkten) und an verschiedenen Börsen eröffnen, während sie im zweiten Fall Long - und Short-Positionen auf verschiedenen Vermögenswerten eröffnen Zueinander, wie Gold und Silber. Im Spread-Handel ist es wichtig zu sehen, wie verwandt die Wertpapiere sind und nicht die Marktbewegung vorherzusagen. Es ist wichtig, verwandte Handelsinstrumente mit einer spürbaren Preislücke zu finden, um die positive Balance zwischen Risiko und Belohnung zu halten. Tweet Swing Trading Strategy Swing Handel ist die Strategie, durch die Händler halten die Asset innerhalb eines bis mehrere Tage warten auf einen Gewinn von Preisänderungen oder so genannte Schaukeln zu machen. Eine Swing-Handelsposition ist tatsächlich länger als eine Tages-Handelsposition gehalten und kürzer als eine Buy-and-Hold-Handelsposition. Die auch jahrelang halten kann Swing-Händler verwenden eine Reihe von mathematisch basierten Regeln, um den emotionalen Aspekt des Handels zu beseitigen und eine intensive Analyse zu machen. Sie können ein Handelssystem erstellen, das sowohl technische als auch fundamentale Analysen verwendet, um die Kauf - und Verkaufspunkte zu bestimmen. Wenn in einigen Strategien Markttrend ist nicht von vorrangiger Bedeutung, in Swing-Handel ist der erste Faktor zu berücksichtigen. The followers of this strategy trade with the primary trend of the chart and believe in the Trend is your friend concept. If the currency is in an uptrend swing traders go long, that is, buy it. But if the currency is in a downtrend, they go short - sell the currency. Often the trend is not clear-cut, it is sideways-neither bullish, nor bearish. In such cases the currency price moves in a predictable pattern between support and resistance levels. The swing trading opportunity here will be the opening of a long position near the support level and opening a short position near the resistance level. Tweet Forex Strategies Based on Trading Order Types Order trading helps traders to enter or exit a position at the most suitable moment by using different orders including market orders, pending orders, limit orders, stop orders, stop loss orders and OCO orders. Currently, advanced trading platforms provide various types of orders in trading which are not simply buy button and sell button. Each type of trading order can represent a specific strategy. Its important to know when and how to trade and which order to use in a given situation in order to develop the right order strategy. The most popular Forex orders that a trader can apply in his trade are: Market orders - a market order is placed to instruct the trader to buy or to sell at the best price available. The entry interfaces of market order usually have only buy and sell options which make it quick and easy to use. Pending Orders pending orders which are usually available in six types allow traders to buy or sell securities at a previously specified price. The pending orders-buy limit, sell limit, buy stop, sell stop, buy stop limit and sell stop limit - are placed to execute a trade once the price reaches the specified level. Limit Orders - a limit order instructs the trader to buy or sell the asset at a specified price. This means that first of all the trader should specify the desired buy and sell prices. The buy limit order instructs him to buy at the specified price or lower. And the sell limit order instructs to sell at the specified price or even higher. Once the price reaches the specified price, the limit order will be filled. Stop orders-a sell stop order or buy stop order is executed after the stop level, the specified price level, has been reached. The buy stop order is placed above the market and the sell stop order is set below the market. Stop loss orders - a stop loss order is set to limit the risk of trade. It is placed at the specified price level beyond which a trader doesnt want or is not ready to risk his money. For a long position you should set the stop loss order below the entry point which will protect you against market drops. Whereas, for a short position place the order above the trade entry to be protected against market rises. OCO OCO (one-cancels-the-other) represents a combination of two pending orders which are placed to open a position at prices different from the current market price. If one of them is executed the other will automatically be canceled. Tweet Algorithmic Trading Strategies Algorithmic trading, also known as automated Forex trading, is a particular way of trading based on a computer program which helps to determine whether to buy or sell the currency pair at a specific time frame. This kind of computer program works by a set of signals derived from technical analysis. Traders program their trade by instructing the software what signals to search for and how to interpret them. High-grade platforms include complementary platforms which give an opportunity of algorithmic trading. Such advanced platforms through which traders can perform algorithmic trading are NetTradeX and MetaTrader 4. NetTradeX trading platform besides its main functions, provides automated trading by NetTradeX Advisors. The latter is a secondary platform which contributes to automated trading and enhances the main platforms functionality by the NTL (NetTradeX Language). This secondary platform also allows to perform basic trading operations in a manual mode, like opening and closing positions, placing orders and using technical analysis tools. MetaTrader 4 trading platform also gives a possibility to execute algorithmic trading through an integrated program language MQL4. On this platform traders can create automatic trading robots, calledAdvisors, and their own indicators. All the functions of creating advisors, including debugging, testing, optimization and program compilation are performed and activated in MT4 Meta-Editor. The Forex trading strategy by robots and programs is developed mainly to avoid the emotional component of trade, as it is thought that the psychological aspect prevents to trade reasonably and mostly has a negative impact on trade. Choose Your Network: IFCMARKETS. CORP 2006-2017 IFC Markets ist ein führender Broker auf den internationalen Finanzmärkten, der Online-Forex-Handelsdienste sowie zukünftige Index-, Aktien - und Waren-CFDs anbietet. Das Unternehmen hat seit 2006 kontinuierlich seine Kunden in 18 Sprachen von 60 Ländern auf der ganzen Welt, in voller Übereinstimmung mit internationalen Standards der Brokerage-Dienstleistungen. Risiko-Warnung Hinweis: Forex-und CFD-Handel in OTC-Markt mit erheblichen Risiken und Verluste können Ihre Investitionen zu übertreffen. IFC Markets does not provide services for United States and Japan residents. How to Get the Most Out of This Book Thank you for accessing the eBook quotMy 1 Day Trading Technique quot . This book is designed for beginning, intermediate and advanced traders. The presenters in this book are leading experts in trading Stocks, Options, Futures and Forex. You will be exposed to high-probability trading strategies from 8 industry experts. As an added bonus, we have included a trading psychology chapter and a chapter on potential tax advantages for active traders. As you read this book, you will be exposed to multiple strategies that have high probabilities of success andor high profit. Most of the strategies in this book are divided into three sections: ldquoThe Game Planrdquo ndash An introduction to a charting technique. The strategy is then thoroughly explained along with illustrations and examples. ldquoThe Movierdquo ndash The chapter is accompanied with a video which outlines how to use this strategy, with examples. ldquoSpecial Offersrdquo ndash If you really like a strategy, you can follow the presenter and the strategy. There are thousands of dollarsrsquo worth of trading tools, indicators, training and mentoring services, books and videos available at steeply discounted prices. In short, you will have all of the information you need to trade your new favorite strategy tomorrow. Some of the things you will learn in this book are: How to Spot High-Probability Setups with the Ichimoku Cloud How to Trade NASDAQ Futures (NQ) on the Opening Bell How to Eliminate the Noise of Popular Indicators and Find Precise Entries How to Identify Optimum Setups with the ldquoRubber-Bandrdquo Effect Using a Simple Strategy that Targets Moves by Institutional Investors And much, much, more At ChartExperts . it is our sincere hope that you take away several strategies that you can use when you are done reading this book. You will also learn about markets that you currently donrsquot trade, and you will find out if they are suited to your trading personality. Finally, make sure to subscribe to ChartExperts. We provide free ebooks, weekly articles, on-demand videos and many other publications for active traders. Our presenters are world-renowned industry experts and our content is provided free of charge in a relaxed and friendly setting. Cheers to your trading success Chapter 01 8 Forex Life Hacks To Make You a Better Trader Joshua Martinez, MarketTraders, Inc. Some of the most popular social media posts are the so-called ldquoLife Hacksrdquo. These fun little strategies take the worry out of doing everyday chores and generally make life easier. Just like you can use life hacks to make life easier, you can use strategies to make trading the Forex easier. By sticking with these Forex Life Hacks, you increase your chances of Forex success: Forex Life Hack 1: Memorize the Top Candlestick Formations Every trader knows to watch the candlesticks, but how many know candlesticks enough to see their recurring patterns Few traders realize that candlesticks do more than show what the market is doing in that time frame, they also come together to create formations that expert traders can spot and use for profits. There are a wide variety of candlesticks, and a lot of them have some pretty unique names, but there are a few that are important to remember: Some candlestick formations to take note of are the Bullish Tweezer Bottom, the Bullish Piercing Line, the Bearish Engulfing Candle and the Bearish Shooting Star. Each of these names gives an indication of the market direction and makes some connection between the candlestick and its wick. Spotting these formations early allows you to get into the market right before a major move occurs, thus increasing your profit potential and allowing you to strike while the iron is hot. Forex Life Hack 2: Stick to 2 or 3 Strategies. Max. A phrase we like to use is ldquosimplicity leads to pipsrdquo. When you come at the market with 20 different strategies, you end up stretching yourself too thin and you miss out on profits because yoursquore trying too hard. Thatrsquos why itrsquos important to limit the strategies you use to two or three at a max. Why three Itrsquos not because itrsquos a handy number, or one that translates easily. Itrsquos because there are three types of market movements, and it helps to have a strategy for each. You need a strategy for when you day trade, a strategy for when you are in a swing andor a position trade, and one strategy for sideways movement. Having three trusted strategies for each of these market conditions means that you should be more prepared to quickly review the market, whether the market is making for quick day trading movements, or is experiencing consolidation that spans ten or more days. You have something to analyze the conditions against, and the strategies to help you take advantage of these moves. Forex Life Hack 3: Use Multiple Time Frames to Trade The number one question new traders ask is what time frame they should trade within. The answer to this varies, but the bottom line is You should always be trading on more than one time frame How can this work Itrsquos simple, time frames donrsquot work in a vacuum. Each one has an effect on the other, and patterns that appear in long-term trades make appearances in short-term trades. und umgekehrt. For example, if yoursquore looking to enter on the one-hour chart, you want to begin your analysis on at least the 4-hour chart or any larger time framersquos chart. The rule is to always have your secondary, larger time frame be at least four times the size of your initial time frame. Think of timeframes of having a parent-child relationship to each other. The larger timeframes will have an effect on the smaller ones, much like parents have an effect on their children. The larger timeframe sets the scene for the smaller timeframes. Once yoursquove established the overall direction of the market by the larger timeframes, you can trade the smaller timeframes for the specific entry and exit points. A monthly time frame typically shows the next A-B-C-D formation for only the next 2,000 pips-worth of movement. The daily time frame shows the corresponding movements that create the larger A-B-C-D formation for the next 500 to 1,000 pips worth of market action. The great thing about this method is that it solves the largest problem that faces many currency traders. That problem is knowing when to stop buying and when to start selling. With the larger movement identified, traders can better determine when the marketrsquos tides are preparing to change for a full movement in the other direction, as opposed to the natural wave-like movements that make up large market swings. Forex Life Hack 3: Never Risk More than 2 - 5 of Your Account A good piece of advice in life is to never risk more than yoursquore willing to lose. Whether yoursquore trading in the stock market or taking a mortgage out on your house, you should never put up more than you can live without. This is especially true when the thing yoursquore risking is money. Itrsquos worth mentioning again: You should NEVER risk more than yoursquore willing to lose. The Ultimate Traders Package on Demandtrade suggests never risking more than five percent of your account. You have to understand, before going into the market, that every trade you might do comes with it some risk. There isnrsquot a trader in history that has a 100 winning percentage. The fact of the matter is that you will lose at some point, but when you manage your risk successfully you can take those losses and live to fight another day. You also want to be able to put in enough money to make a profit. After over 20 years of experience, we have figured out that the sweet spot between making money, and not going bankrupt when losing money, falls in the two to five percent range. We recommend beginner or more risk-averse traders to start with risking only two percent of your current trading pool in every trade. Once you become more experienced in the market, or your profits have risen enough, you can move to three, four, or the full five percent. Forex Life Hack 4: Identifying and Trading the Kingrsquos Crown One of the more famous, and often used, strategies is something called the Head and Shoulders pattern. This happens when a bullish trending market makes a peak and begins to retract. The name comes from the picture the market makes as it peaks and valleys. The highest point is the head, and the two lows on either side of it are the shoulders. In theory, you draw a ldquonecklinerdquo connecting the two shoulders and begin to trade at that point. The problem is, the market will often overcorrect itself and yoursquove taken a loss before you knew what hit you. Thatrsquos why the FX Chieftrade prefers to trade a different pattern: The Kingrsquos Crown. The Kingrsquos Crown is trading beyond the ldquoshouldersrdquo of the Head and Shoulders pattern. Once the market takes out a low of support, it has a tendency to bounce back up and wave before the market finally falls. In this strategy, your stop would be taken out on that rally right before the market turned to complete your direction. Basically, you arenrsquot trading the neckline, you are trading the breaking point beyond the lowest low. This extra spike in the market (turning the person in a crown) allows you to see the true indication of the markets and could lessen the chance you have of taking on losses in the future. Forex Life Hack 5: Learn to Love the Stochastic RSI Think of the ups and downs of the market as trends like in the fashion industry. Take leg warmers for instance. Back in the 80s leg warmers were very popular, they were used by a large segment of the population, and then once it hit a certain point it became TOO popular and there was a backlash created against it, making the trend slowly go away. A lot of fashion manufacturers would have loved to have known when the trend was starting to go away. They would have wished they knew some kind of indicator. There might not be an indicator like that for the fashion industry, but there is for the markets. Itrsquos called the stochastic RSI, and it could be your key to trading. The stochastic RSI is made up of two lines that serve as a sort of benchmark for when the market is looking to reverse. If the stock is traded too high, it will break that line and begin to trend down. If the stock is going too low, it will break the bottom line and start trending back up. Having a handle on the two barriers that the stochastic line makes up will give you a sense as to when you should reverse your direction and go from bull to bear, and vice versa. Forex Life Hack 6: Utilize Stop-Losses for Your Wins How familiar does this sound You put in to the market and, like a good trader, you set your stop. However, you find yourself constantly being taken out just before your big win. Itrsquos a common problem that has one easy solution You need to change your stop-losses as the market changes As the market fluctuates, the stop losses grow larger in size. This volatility creates higher highs and higher lows, which can spell higher profits for smart traders. And smart traders adjust their stop losses to mirror the market. Traders make stop losses to prevent themselves from losing their entire account over the course of one trade. By setting a minimum number for the market to hit, once the market hits that number, the trade is automatically ended and the loss is taken. The way to properly use a fluid stop-loss number is to move the minimum number in accordance with the market moves. Letrsquos look at an example. The chart below has several yellow circles. These circles represent the stop-loss price at different times in the trading timeframe. Starting from the furthest left circle, you would adjust your stop-loss to match the next lowest number the market hits (which is the new yellow circle). Even without the benefit of seeing the actual numbers, you can see the difference between the furthest left and the furthest right circle. This pip difference would be lost if you didnrsquot utilize a moving stop-loss number. How do you know when to move your stop-loss Itrsquos easy. Look for a high or a low that has two candlesticks to the left, and two candlesticks to the right that are either higher or lower from that point. A high will have two lows to the left and right, a low will have two highs to the left and right. Forex Life Hack 7: Using Reversals to Your Advantage Trading occurs in a 24-hour window consisting of three different trading sessions: European, U. S. and Asian sessions. The European session has the most movement, followed by the U. S. and then the Asian markets. More often than not, the market will reverse directions when one session ends and the other begins. Itrsquos by playing off this reversal that the most pips are captured. It stands to reason that if the European session is trending bullish that once the American session kicks in, it will set up a reversal and the market will turn into a bear. By utilizing this strategy you can pinpoint the reversal points, take advantage of the market movement, and identify when a market high and low will occur. With three trading sessions happening per day, there is the potential for 2 reversal points per day, which means that using only one strategy can dictate how you look at three different markets. Forex Life Hack 8: Pinning Your Trading Personality There are four distinct types of trading personalities. Finding yours could be the key to trading your strengths and limiting your weaknesses. Itrsquos rare for a new trader to know their personality, so read the explanations and see if there is one (or multiple) that describes you. The Now Trader: The now trader wants to get in, get their pips, and get out. They generally use smaller time-frames, spend less time per-day trading and capture smaller pip numbers. However, because they trade in such short timeframes, the Now Trader tends to trade more often and have more straightforward trading strategies. The In-The-Game Trader: These traders love to check into the market daily, but prefer their action to be longer-lasting and tend to favor larger pip captures over a longer period of time. The daily trader often trades in the more mid-range timeframes and pays close attention to reversals and predictive fibs. The Adrenaline Junkie Trader: These traders only trade once, or a couple times, per month based on major announcements such as quarterly or earnings reports. They love the riskiness of the market and tend to trade for only a couple hours at a time, but they end up winning big if their strategies hold true. The Low-Maintenance Trader: The ultimate set-it-and-forget-it trader. They like to trade in the long-term by utilizing strategies that end up with big profits over many months. They arenrsquot looking for the thrill of the high-risk maneuver, or the commitment of a daily trading schedule. Rather, they are banking on safer picks that will benefit them in the future. There is no right or wrong way of trading, there is potential to make money in all of them. What matters as a trader isnrsquot when, or how often, you trade. The key to successful trading is managing your risk, developing your strategy, and making smart decisions based on the charts. Like any Forex tip, these canrsquot guarantee a win, and trading the Forex has an inherent risk involved. However, these tips can provide some insight into the mindset of those who have successfully traded in the past. Using the tips seen here along with sound risk management, having a secondary source of income is possible by trading the Foreign Exchange. Get more Forex Life Hacks, strategies, and Forex education by ATTENDING A FREE WEBINAR from the experts at Market Traders Institute. Before his days as an expert analyst and trader seen in Trader Planet39s Digital Journal . Your Trading Edge and FX Street . Josh was your average guy before him became the Forex world39s FX Pathfinder. He knew he wanted to do something he was passionate about for a living, but it seemed like nothing was working out. Josh has made a name for himself with the London Daybreak strategy and trading feats such as doubling his trading account in a single month and earning 10,000 in 30 minutes with his personal trading strategies. As a course creator, mentor and active instructor with MTI, you can find Josh in MTI student classes, live training sessions and MTI39s free workshop series that are open to the public. My 1 Day Trading Technique: The Hoffman Inventory Retracement Bar (IRB) Trade By Rob Hoffman, BecomeABetterTrader Award-winning Approach to Identifying Institutional Trading Opportunities Developed and used to win trading competitions around the world, the Hoffman Inventory Retracement Bar (IRB) Trade has become one of the most popular ways to identify where short-term countertrend institutional inventory has subsided and when itrsquos time to re-enter into a tradersquos original trend direction. What you will learn here is how to identify when the conditions arise to make the trade, the entry points, and exit strategy. What is the Hoffman Inventory Retracement Trade (IRB) The IRB Trade is a strategy that is used to identify specific types of institutional trading activity that is counter to the prevailing trend at hand, and then identify entries when the short-term countertrend inventory activity has come to an end and the market is likely ready to resumersquos its original trend. While it is common folklore in the investment industry that institutions, like wolves, travel in packs, the reality is that institutions are not all sitting around at a table conspiring as a group about how to part retail traders with their money. The institutional investment business is extremely competitive and these firms are very much out for themselves and have their own objectives and performance metrics to achieve to appear most attractive to prospective investors at any given time. Therefore, this strategy is designed to identify when one or a handful of institutions are moving inventory in and out of the market and are straying away from the markets current path causing a short-term retracement against the trend. We are subsequently looking for the market in question to resume its preexisting trend when those short-term countertrend institutional activities and inventories have dried up. The Rules For The Inventory Retracement Bar (IRB) Identification In an uptrend ndash Look for candlestick bars that open and close 45 or more off their high. Figure 1 shows four individual and unique examples of the IRBs in an uptrend for illustrative purposes In a downtrend - Look for candlestick bars that open and close 45 or more off their low. Figure 2 shows four individual examples in a downtrend for illustrative purposes. In the absence of the advanced trend identification systems Rob Hoffman uses, a simple approach to trend identification is looking at the 20 EMA (Exponential Moving Average) and asking yourself if it appears to be in approximately a 45 degree angle based on the timeframe yoursquore looking to trade over the 20 bars of data (i. e. 5 min. 60min, Daily, Weekly, etc.). The next higher timeframe above the one yoursquore looking to trade should also be flowing in the same direction. For instance, if yoursquore trading off of a 5 minute chart and itrsquos in an uptrend, you would like to see that your 10 or 15 minute chart also in an uptrend. It should be flowing in the same direction. If itrsquos sideways, or worse yet, trending in the opposite direction, your trade is much more likely to fail. The Entry Strategy Once an IRB and proper trend is identified, the next step is to allow the market to move along and wait for the price action to break one tickcentpip below the low of the IRB in a downtrend. In an uptrend yoursquore looking for the market to break one tickcentpip above the high of the IRB. While it is not an absolute, it is preferred that the price breaks beyond the IRB within the next 20 bars based on the time period yoursquore trading. For example, if yoursquore trading off of a 2 minute chart, you would ideally like to see the break in the next 40 minutes. In general, the sooner (i. e. the next five bars as an example) it is better for trend resumption. The Trailing Stop Exit Strategy While many traders are specific dollar target traders, the preferred method is more of a support and resistance target based methodology backed up by a trailing stop to ensure you are not giving back those profits during any snapbacks against your position. Typically, Rob Hoffman prefers a trailing profit stop moved up to 50 trailing of profit achieved when yoursquove made it 50 of the way to the intended overall profit target. Then move the trailing stop to 80 of profit earned as you approach 80 of the way to your intended target. Then move the stop to 90 of profit achieved as the major support or resistance target level is hit. At this point, if no further progression is made in price, then trail right to the current bidoffer with the intent to exit. If one more spike of energy comes in to trap unsuspecting retail traders with a false breakout, we manually trail immediately behind price during the spike until it pauses, then wersquore taken out with profit. Either way a win-win trading opportunity. Common major levels include key Fibonacci levels, previous dayrsquos highs and lows, daily, weekly and monthly pivot points, etc. For maximum comfort with the strategy, it is preferred that you use this with your own favorite support and resistance levels. Figure 3 Live Trade Example: Below the middle chart highlights in yellow the intended target, a pivot point. As we approach 50 of the way to the target, we trail the stop to 50 of profit earned. Figure 4 Live Trade Example: As we approach 80 of the way to the target, we trail the stop to 80 of profit earned. Figure 5 Live Trade Example: As we approach intended target we trail the stop to 90 of profit earned. This gives the trade an opportunity to have one more false breakout move above the target that allows us to pull out a little more profit. Figure 6 Live Trade Example: If trade holds target and fails to break through we move stop to current bidoffer and wait to be taken out of the trade. If one more spike of energy comes in to trap unsuspecting retail traders with a false breakout, we manually trail immediately behind price during the spike until it pauses, then wersquore taken out with profit. Either way a win-win trading opportunity. Figure 7 Live Trade Example: The bid was hit and the maximum profit achieved Based on the premise of this trading strategy, the expectation upon the entry is that the market will continue into the original direction it was heading after its brief institutionally driven pullback against the trend. Very frequently, after breaking through IRBs, the market will actually rapidly accelerate with fast action and wide ranges as everyone starts to realize that the brief pullback was merely a pause by one or a few institutions against the intended direction as the market moves to catch up with its original intent. With that said, once a trade is entered, the price should not retrace back beyond the opposite side of the IRB. For instance, if the trade is entered one tickcentpip below the low of the IRB in a downtrend, it should not stop and reverse to one tickcentpip above the high of that IRB. If it does, that market may be forming more of a reversal pattern and thus the need to exit the position and move on to the next opportunity or use one of Rob Hoffmanrsquos phenomenal market reversal strategies to capture the move. When not to use the strategy This strategy was primarily designed to identify and take advantage of trend continuations after counter trend institutional inventory exhaustion. Therefore, this trade is not to be used in a sideways market conditions as continuation failure will frequently occur. Why This Strategy Works In general, the market tends to trade directionally with as few retail traders on board the correct direction as possible. This strategy is so effective due to its ability to find high probability areas where three things are happening to retail traders in an uptrend: Buyers are being distracted from taking long side trades when they see the pullbacks off the highs, scaring them into believing the move is over. During pullbacks, sellers are being given false hope that any shorts taken earlier in the uptrend may finally start to work. Buyers who bought the high during rapid wide range ascents hoping it will go higher get stopped out on the pullback. After all of these events above, once a new IRB to the upside appears and is pierced, the market is much more likely to move without all of those traders above on the right side of the market. In a downtrend these three things are happening to retail traders: Sellers are being distracted from taking short side trades when they see the pullbacks off the lows, scaring them into believing the move is over. During pullbacks, buyers are being given false hope that any buy side trades taken earlier in the downtrend may finally start to work. Sellers who sold the low during rapid wide range descent hoping it will go lower get stopped out on the pullback. After all of these events above, once a new IRB to the downside appears and is pierced, the market is much more likely to move without all of those traders above on the right side of the market. Used During International Trading Competitions Figure 8 shows one of the seven trades taken using this strategy during the International Trading Competition held in Paris, France. The black vertical arrow highlights the IRB and the black horizontal arrow shows the intended area of entry for trades using this strategy. Robrsquos Strategy Checklist Key Points To Remember No more weight is given to any IRB based on whether its close is above or below the open (i. e. green or red candle). In addition, think about the concept of over extension. If the IRB has an extraordinary range as compared to the Average True Range of the last 10 bars before it then the break back through the IRB is far more likely to fail. This will more likely result in an entry that has a higher likelihood of reversion to the mean as much of the energy and profit opportunity has potentially dissipated leaving the trader with a much smaller profit or perhaps a stop loss. Trail your entries to reduce the risks of reversion to the mean while still giving a trade a chance to push into your intended direction. Use proven trend qualification tool like Rob Hoffmanrsquos. In the absence of a well-tested tool of your own, trade in the direction of an approximately 45 degree angled 20 EMA. This strategy has very diverse applications across many markets and asset classes. For instance, in addition to trading conventional equities, futures, options and FOREX instruments, traders can consider using this strategy to analyze underlying equities and then trade high delta, in the money options plays as an example for active options day traders. So very diverse indeed. What we have shown you here is a simple, award winning strategy that you can take away and explore here today. Rob Hoffman has used this tool to help him secure wins in many of his 19 domestic and international trading competition wins. It is an excellent tool used for identifying where retail traders are misjudging the markets movement. It shows where one or more institutions is temporarily breaking away from the trend due to short-term inventory acquisition or liquidation. Once that inventory need is exhausted the overall market is free to resume the existing trend offering new opportunities for retail traders to trade back in the direction with the overall trend. To learn even more about Rob Hoffman and his award-winning strategy, WATCH THIS IN-DEPTH VIDEO HERE Rob Hoffman is the president and CEO of Become A Better Trader, Inc. and BecomeABetterTrader. Expertise: STRATEGIES Rob Hoffman is 19-time domestic and international trading champion trader who has won more live, real-money only, domestic and international trading competitions than any other trader in the entire world. Rob is also an internationally recognized professional trader, frequent speaker for top brokerage firms and financial exchanges, skilled educator and passionate mentor to proprietary traders, portfolio managers, and hedge fund managers from around the world. My Favorite Day Trading Technique My Favorite Day Trading Strategy By Geoffrey A. Smith, DTItrader When it comes to day trading, you have to be able to make quick decisions. Over the years I have learned that many stocks have their largest moves in first 30 minutes of the US day market. In particular, the NASDAQ stocks move more than most. Knowing this, I started looking at the NASDAQ 100 futures (NQ) to see if it moved like the equities. It did. It took time, but I finally figured out how to take advantage of the move in the NQ in the first 30 minutes. Because many people have computers and listen to the news in the morning, they open their trading platforms or websites and place orders to exit or enter new trades before they go to work. Once the Ding, Ding, Ding, on the New York Stock Exchange at 08:30am CT is heard, all these orders get filled. The problem is that we do not know which direction the market is going to move, so we have to give the market a little bit of time to quotwashquot these trade out of the market. Once they are gone, the market will then begin to push in one direction (up or down does not matter). This push will last about 15 minutes, and then the market will correct that move going into the top of the hour at 09:00am CT. The question is, how much time do you give the market to shake out the initial trades I have found that it is somewhere in the 3 to 7 minute range. The big thing is to see how it is trading off the open. Let39s take a minute and discuss the open. Most look at the close. I always wondered why. At the close you already know who won or lost, and I39ve never bought a tick to a football game to get there at the end. In fact, have you ever been able to start the race at the end Me either. So I do everything based off the open. If the market is trading above open, bulls are in control, and if below open, bears are in control. So as we look at this trade, I start looking at how the NQ is trading off the 08:30am CT open. Is it higher or lower than open during the 3-7 minute time period If it is holding above open, I look to go long, if trading below open during this time, I look to go short. Sounds simple huh In Chart 1 below is a 1 minute chart of the NQ futures (when we are done you might consider using a 5 minute chart, but we will get to that). The little blue bar is the opening minute at 08:30am CT. The yellow line is the open of that bar, which is also the open of the US markets on the NQ futures. Notice, once it opened, it never traded below open. If the first 5 minutes, it stayed above open. So, if you take the range in the first 5 minutes and wait until the market breaks out of the range, you would have gotten long. Look at the push it made. The NQ went from 4662 to 4681. The NQ is worth 20 per point (it trades it 0.25 increments, or 5 per tick). So on one contract you would have made 19 points or 380 on that move. Notice the little correction starting about 08:50am CT. This is very common and will spook many traders thinking that the market has fizzled out and the run is over, however, it is usually just taking a breather before continuing on after 09:00am CT. In Chart 2 below is another look at another day. This is a little tougher to trade, but look what it did. It opened and stayed below open in the first 5 minutes. Though it bounced up a little, it never got back above open, which argues that staying short was the right thing to do. ( Foot note . now you are thinking, so I have to risk above the open (or below the open if long), and I would say quotcorrectquot. In this trade, your protective stop needs to be on the other side of the open, and really about a point off the highlow since 08:30am CT.) Once it broke out of the first 5 minute range, I got you short, took some heat, but it paid nicely, moving from 4698 to 4692 for a 120 profit per contract. Interestingly, on both trades you could have left your stop on the other side of the opening 5 minute range and stayed in until lunch and been paid much better. I like to trade this with multiple contracts. I will take 1 off at 2 points profit, and another off at 4 points profit and let the last one ride. What I39m trying to do is finance my stop. If I can make 6 point on the first 2 contracts, that means that I can get stopped out and still make money or lose very little if the market reverses. Another thing, we will have economic news at 09:00am CT often. Knowing this, it can help your trade or it will stop you out. So before the news, I would tighten up the stop just in case. Now, back to the 5 minute chart mentioned earlier. Yes, you can use one. Since we are looking at the first 5 minutes, then why not use a 5 minute chart. I can39t disagree. I don39t use charts much when making this trade, but will use a 30 minute chart if I do look at one. I watch my trading platform, or DOM (depth of market), and quotdevelop the chartquot in my head. I39m a tape reader. I watch prices. Not to say I don39t like chart, because I do, I just use daily and weekly charts for bigger trends and use no smaller than a 30 minute chart if looking intraday. That is just me, and maybe not you. So, use a 1 minute or 5 minute chart if it helps. Finally, you can use this on stocks. The NASDAQ stocks do much of the same thing in the first 30 minutes. Watch GOOG or AMZN and see what they do. You can even use the options on those stocks. Just beware of the bid and ask in the first 5 minutes, because they can be quite wide, so use limit order to enter the options. Watch it for a couple of day and get the hang of it. It is kind of an quotartsyquot trade, but it will pay well over time. You will lose a couple every now and then, but that is part of trading. And it will not set up every day. There are some days that the NQ goes above open, then below open, then back above open, and you start wondering what you should do. Do nothing and let the market figure it out, but not with your money. There will always be another day to trade. Trade to win, and good luck trading Watch this trade discussed in further detail, SIMPLY CLICK HERE FOR THE VIDEO Register for this free, special event and get DTIs Trade of The Year During the class you will see DTIs top experts picks for 2017 and much more SIMPLY CLICK HERE TO RESERVE YOUR SEAT Geoffrey Smith teaches Level 1, 2, and 3 core curriculum classes, regular educator and instructor on the 24-hour Educational TradeRoom, GPS Coaching, and one of Tom Busbys first students. An active trader and investor for 25 years, Geof focuses in futures, equities and option trading including trading commodity option futures. Geof took an instrumental role in developing the DTI Method. The Platinum Experience core level classes took first place in SFO Magazine and Trader Planets STAR awards in the best trading courses category. Before coming to DTI, Geof was a pipeline engineer working in Oklahoma and Texas. The Rubber Band Reversal Strategy If you have been trading for any length of time, you have probably noticed that the markets are moving sideways A LOT. Consolidation is a huge part of the marketrsquos balance, and so it makes sense to learn strategies that take advantage of the sidewaysconsolidating type of market conditions. Often, ranging strategies are high probability but they do not offer a good Risk to Reward. But today, you will learn a strategy that has both a high win rate and the opportunity for some good R:R. The entire strategy can be boiled down into just a few steps. If you read the report carefully, you should be able to begin implementing the strategy virtually right away. Though, as always, I do recommend trying new strategies on a demo account and getting comfortable with them before trading them live. With that said, letrsquos dive into the steps. Step 1 - Identify RangeshyBound Markets on Daily or 4 Hour Charts A ranging market is simple to identify. We are looking for clearly defined sideways movement that is sustained with several tops and bottoms. One thing to remember is that a sideways market should have similar priced tops and bottoms. They do not have to be identical for us to consider it a range, but if the back and forth movement doesnrsquot have a consistency to it, itrsquos very difficult to take advantage of. You can see in situations, demonstrated by the green example, that a more consistent top and bottom will improve the chances that the market reacts at the expected time so that is what we are looking for. The red example shows you a sideways market that is not in a cleary defined range. So while the price is certainly going back and forth, the market is less responsive to a clear top or bottom range that we can utilize. The truth is that once yoursquove mastered this strategy you can still use it on less predictable ranges, but I recommend beginning with the more clearly defined ranges until you see some success. Here are a few examples of real ranging market conditions: In the second example, I used a 20 and 50 EMA to show you how moving averages can also signal a ranging market as they quickly begin to flatten and intertwine with one another. This is, of course, a lagging indicator but for those of you who like indicator confirmations, moving averages are an easy way to confirm a ranging market. Once you find a ranging market, you can move on to the next step. Step 2 - Identify an Overextension Within a Dead Market In this step, we are looking for the market to extend itself within a sideways market. More often than not, extended steep moves will pull back to settle toward reasonable prices, but this is even more true when the market is in a defined range. When it begins to accelerate and get overbought or oversold we are very likely to see it ldquosnap backrdquo like a rubber band once it runs out of orders to fulfill. Itrsquos this ldquoSnaprdquo that we are eventually looking to take advantage of within the Rubber Band Reversal, but first we must define the stretch point of the band. As always, I like to use multiple time frames to get a complete, accurate view of the market, so once we have a ranging 4 hour or Daily market condition, wersquoll zoom into a 60 minute chart to find an overshyextended point within the market. On the 60 minute chart, wersquoll add a Bollinger Band (standard settings) and RSI (standard). The Bollinger Bands and RSI give us a double confirmation to find overshyextended conditions. Bollinger Bands are a great indicator for this because they shrink down and quickly define a range which, in turn, makes it obvious when the market is stretching out of that range. When you combine the defined ranges with stretched Bollinger Bands, you get a pretty good idea of when price might make a turn around. But we also like to use the RSI to make sure that price is clearly overbought or oversold. The vertical lines represent when the RSI is above 65 or below 35. Please Note: The RSI is NOT an entry signal. It simply helps our patience and discipline as we are forced to confirm an overbought or oversold condition before going to the next step. The Bollinger Band and RSI are what allows us to be certain that the market has stretched like a Rubber Band and is ready for a potential snap back in the opposite direction. Now we know that the market is in position for our Rubber Band Reversal, but we do not have the ability to enter the trade yet. This is where a LOT of traders get tripped up. They see the RSI shoot over 65 or 70 and they are too trigger happy they just begin shorting the market. The problem is that more often than not, when the market hits 65 or 70 it is still in a momentum phase and we simply donrsquot know how long that momentum will last. We do not know how far the rubber band is going to stretch. So itrsquos very important to utilize the next steps in the strategy to make sure you have a complete plan and are jumping into trades early. We wait for the price to pierce the upper Bollinger band and simultaneously, we want RSI levels to be above 65 levels. After both conditions are met (Bollinger Band pierced and RSI overboughtoversold) we can go Step 3 - Find an Entry To find a high probability entry, we look for a unique combination I have used for a long time. The combination is a 15 Minute Reversal Candlestick (pin bar, inside bar, engulfing, etc.) at a whole number. Whole numbers are important because of their psychological value. A maximum number of orders are placed closer to the 50 or 100 levels, for example, at the 1.3050 or 1.3100 levels. In this shorter time frame, we consider anything ending in a 0 (for 4 digits) or 00 (for digits) to be a whole number. The key is that almost every time the market shows rejection around a whole number, we get SOME follow through. Often, it is only a few pips but when you combine it with the right market conditions like we are doing in this strategy, your odds of catching a reversal that moves 20, 30, 50 or even 100 pips is very, very high. Many times, price pushes slightly above the whole numbers and then quickly reverses, sucking in amateur longs, who get trapped and are forced to cover, thereby aggravating the fall. On other occasions, the institutional orders push price right at the whole number or even a few pips before. Either way, if you are prepared with a plan to trade around these whole numbers, you can take advantage of these scenarios. Once we see a 15 minute candle show rejection at a whole number, we are ready to place our entry. Here you can see a real trade example of the market spiking through to the tops, piercing the band, above 65 on RSI and getting our 15 Minute rejection candle right at 1.4340. With our criteria met, we can go ahead and set up the trade. Step 4 - Execution, Stop Loss and Take Profit With a market order, we will enter as soon as the 15 Minute candle closes (advanced traders can zoom into a 5 minute and anticipate the reversal momentum to improve R:R) For this particular strategy, our Stop Loss and Take Profit are very easy. Once the entry is made, we can place the Stop Loss a few pips above the entry candle or previous candle (whichever has a higher high) and we can place our Take Profit at the midshyband of the Bollinger Bands. The midpoint of the BB will change as the trade progresses but it should remain at the price of the midpoint at the time of the entry candle. So the full trade setup would look like this: Here, you have an ENTRY (green line) right as the candle closes, a TARGET (blue line) at the midpoint of the BB bands at the time of the entry candle and a STOP LOSS (red line) a few pips above the high of the piercing candle. In this case, the entry candle is relatively long given the high piercing wick so our RiskReward is about 1:1 (still not bad for a range trading strategy). But as yoursquoll see with practice many entry candles are smaller and the R:R can be 2:1 or even 3:1 in some cases. Plus, once you become a Rubber Band Reversal Expert, you can zoom in even closer to a 5 minute chart and get ahead of the momentum. Often, once the rejection of the whole number begins to happen, price falls quickly and waiting for the 15 Minute to close can cost you a fair amount of pips. So I like to get in early when I see that rejection taking place. Either way, it is a great strategy for ranging markets and I hope you take advantage of it Summary Points to Remember: Look for a rangeshybound market on the Daily charts and 4 Hour Charts. Once you have chosen your currency pair, select the 60shyminute time frame and overlay. Wait till the price pierces the upper Bollinger band and RSI is above 65 or below 35. Zoom into the 15 Minute chart to find our entry. On the 15shyminute chart, we want two important conditions to be fulfilled. We want a reversal bar We want to enter the trade close to a whole number The profit objective is at the midpoint of the Bollinger band, where we take our profits. With those few steps you can take advantage of the very common consolidating markets we see. If you have any questions about trading the strategy, you can email me at Jcrawfordlearntotradeforprofit I do ask that you try to be as specific and clear with any questions as I get lots of emails Grab TWO additional free strategy reports at no cost At Learn to Trade for Profit, we have one goal and its pretty easy to guess - we want to help traders and investors of all levels, all walks of life, all types of goals and motivations, anywhere in the world, aspiring to trade any market Learn to Trade FOR PROFIT. We dont sell anything, we just offer the best training and education at no cost. Using Precision Indicators To Day Trade On The Right Side Of The Market Force By Mohan Wolfe, BoomerangDayTrader All traders know that one of the key difficulties in any kind of trading (and especially day trading) is to get the initial positioning of the entry correct in order to keep the fluctuating price away from our stop. Greetings traders, my name is Mohan and in this special report I will show you the sure fire way to make your day trading more profitable and more peaceful with less grind. I have been working with futures traders since 2001 and have trained well over 50,000 traders through our variety of precision trading services. We specialize in working with traders who are suffering from trading losses or who are stuck in ldquobreak even syndromerdquo and really want to succeed. So letrsquos start with the first lesson in day tradinghellip be sure to ALWAYS USE STOPS Please donrsquot day trade without a stop, as this can cause tremendous damage to an account. You cannot always rely on your own judgementemotions to get you out of the trade that is on the wrong side of the market. We often tend to rationalize how when on the wrong side of a trade we ldquoknow the trade will still be good but just needs a little more wiggle roomrdquo. So the key to this is to position your trade on the right side of the market force. And as the trade progresses to assure yourself that you stay on the right side of the Market Force or to be able to determine if that MF has changed in any way. POPULAR INDICATORS USED FOR READING MARKET FORCE The most popular indicators over the years have been developed by brilliant market technicians that have stood the test of time. The Relative Strength Indicator also commonly known as RSI developed by Welles Wilder, Stochastics by Dr. George Lane, and MACD by Gerald Appel. There is such a wide variety of indicators available and so many great technicians whose names I wish I could mention in this short article. However, many of these modern day indicators are just slight variations of these original technical studies. Some newer indicators are combinations of these studies such as running an MACD on a stochastic etc. Below is a one minute chart of one of my favorite day trading contractshellip. The Mini Nasdaq (symbol: NQ) with the above indicators applied to it. Notice on the chart above that although we are applying some of the best and most popular indicator studies there is no crystal clear discernable area to get long or short in the market. And if you didhellip where would you place your stop How do you determine which direction the Market Force is on using these common indicators on this one minute chart So the most important element of day trading is to be able to determine what the primary Market Force is at the time you are getting ready to trade. Mohanrsquos Market Force precision indicators to the rescuehellip Over my 26 years of day trading I have studied practically every indicator that is out there in the industry. I have carefully studied and applied hundreds of them to my charts to determine which ones were the best. Well, after doing this type of research for quite some time and becoming somewhat disappointed (which I am sure you can relate to) I developed my own set of indicators which are extremely accurate. I call these indicators my ldquoMarket Force Indicatorsrdquo and they are part of my world famous trading system called Boomerang Day Trader. Now take a look at the chart below with the exact same day and time period of the chart shown above with the Boomerang Day Trader Indicators applied using a 450 tick chart. Notice the crystal clear identification of the Market Force with the bias coloring of the candles, the Trading Channels (shaded area) which identify the price direction of the Market Force, the matching colored Dynamic Trend Bands, and the 3 Market Force Indicators on the bottom of the chart all with matching color according to the Market Force direction of the pricebias. The first yellow dot after the Arrow which signals the opening of the Trade Channel in that direction is a crystal clear Sell Signal entry. On the buy side the first Blue Dot is the Buy entry after the arrow opening up the Buy channel with the Dynamic Trend Bands and all the indicator colors matching. Both were winning trades, there was little or no pressure on the trade entry and you were able to put some money in your pocket. The Boomerang indicators have been tried and tested under ALL market conditions and have produced millions of dollars in winning trades from our large international group of Boomerang users. In fact, the rise of Boomerang Day Trader to being one of the top, best - selling day trading software in the industry is due to the extreme accuracy of the market force indicators which I developed. You can see that by having the best indicators and knowing how to use them with a proven system can make trading a lot easier and more profitable. This is my 1 day trading technique and practically the only one I usehellip. Trading into the prevailing current Market Force This trading concept is fairly simple in principle with the steps as follows: Determine from your indicators what the primary Market Force is in the market right now Discover the best way to get into that Market Force and join that side of the micro trend (or larger scale move if that is determined by the indicators) Develop a stop method that will allow the trade some ldquowiggle roomrdquo to move sufficiently against your entry without creating too large of a loss or too tight of a stop which could take you out of a correct trade. To learn more about my Market Force Indicators you can watch a recent, brief video which was recorded in front of a large audience of Boomerang Day Trader users. In this video I describe how to use the Boomerang Day Trader ldquoMarket Force Indicatorsrdquo in great detail. We have bi-weekly training classes that you can attend for FREE if you wish by joining us at boomerangtrader You can sign up on the blog and get notices of when our next class will occur. In these classes I go over many vital elements for developing trading success which you really need to learn to stay in the game and be a career ldquoBlue Collar Working Traderrdquo. I just want you to succeed at futures trading if you have come this far and are struggling. Please consider us your resource for relief and a new vision for profitable trading like thousands of traders have. The methods that I describe above can also be used for higher volume active futures, stocks, ETFs and other instruments. If you think about it really it is just common sense. In other words, find the primary force that is underlying the market and place your trades on the side of that force. Sometimes traders will call this a ldquoTrendrdquo or intraday trend which is another name for a continuation movement. However, the important distinction between the ldquotrendrdquo and the ldquoMarket Forcerdquo is that a trend is what happens AFTER the Market Force shifts FIRST. When a trend appears to be in place the market force will often shift right at the top or bottom of the so called trend and stop all those who didnrsquot see it coming. This was because their indicators did not alert them accurately to this shift. This creates a big reversal against the ldquotrendrdquo surprising all those trend followers who did not understand how to read the intraday Market Force correctly. That is why having the correct precision indicators and proven trading method of how to use them is so important. VALUABLE TRADING RESOURCES FOR YOU TO SUCCEED AS A DAY TRADER I have many other resources for you to learn how to day trade on the correct side of the Market Force and I hope you will take advantage of my many years of experience. You can access a FREE REPORT on other elements of market force in the US stock markets called ldquoHow to read the stock market like a bookrdquo I have two different services that I offer to traders. First is my highly popular Boomerang Day Trader software which Guarantees 90 winning trade signals to come from the software following our exact methodrules. boomerangtrader No trading software has ever guaranteed 90 winning trades before in the history of the trading industry except for Boomerang Day Trader. We are the first, and we have raised the bar very high on trading systems. This shows our extreme confidence in the trading method and indicators we use. My other service is called the ldquoDay Traders Action live trading roomrdquo which trades a variety of instruments including futures, stocks, ETFs and occasion directional options. We primarily trade mini Nasdaq (NQ) futures during the first 2 hours of trading (sometimes a bit longer) using 5 different trading setups that I have developed over the years. Our goal each day is to make 500-1000 on a small trading account within that early period of the session. Note: the DTA live trading room is NOT a Boomerang training room. We have our bi-weekly classes for Boomerang and market training. We have been fortunate to have very excellent success on our stock and ETF picks with all winners since we started that service. Examples are: 65 gain in emerging markets in 2 months, a 230 gain in 2 weeks on Chesapeake Oil at the bottom of the recent oil drop, long crude oil at 30 area, long gold from 1080 and still holding for higher prices, long the bio tech industry and solid picks for getting 6-9 income on your capital with low riskhellipand much, much more. In addition to this I make an exact, crystal clear directional bias call for the market almost each trading day. This is extremely valuable for day traders and those trying to manage a larger portfolio like many of our subscribers do. I want to thank you for reading my brief article today. If you have any questions on any aspect of trading the futures market I will be glad to assist you in any way possible as I have been doing for traders now for over 16 years in the industry. I have made a long career out of assisting traders and would look forward to your email if there is any way I can assist you whether you get involved with our services or not. Here is my email: Mohandaytradersaction Thank you for reading my article on ldquoTrading with the Market Forcerdquo. As a special offer to readers I will be offering you a 20 discount on my top selling Boomerang Day Trader software with a 90 guaranteed profitable signals coming from the software. The regular price is 1195 but with this special link you can purchase Boomerang and all the indicators discussed on the video for just 995 today. Mohan is a 26 year trading veteran and trading coach for over 14 years in the industry. He is also the developer of Boomerang Day Trader, which is one of the top selling day trading software on NinjaTrader. Boomerang is also the first day trading software to offer a 90 guaranteed winning trade signals, creating an historical precedent in the industry. Chapter 07 Day Trading and Algorithmic Trading in Futures By Carley Garner, DeCarleyTrading Whether you like them or hate them, day traders and algorithmic system traders, commonly referred to as algos, are here to stay. Both groups of traders bring additional liquidity to the marketplace, which is a positive. However, some would argue that the baggage they bring with them isnt worth the additional liquidity. It is no secret that highly day traded markets such as the e-mini SP experience additional volatility throughout the last hour of the trading session as day traders square their positions. In addition, it is difficult to deny that algo traders havent created a marketplace that sees severely abnormal prices at a relatively higher frequency. Nevertheless, the new challenges posed by aggressive day traders and high-frequency traders via computer algorithms arent all that different from the obstacles faced by traders during the heyday of open outcry trading the antagonists are simply wearing a different mask. DAY TRADING IN FUTURES During my time as a commodity broker, Irsquove noticed the strategy bringing the most traders to the futures markets is day trading. The appeal of the strategy is the prospect of hypercharged trading profits, but it also comes with low barriers to entry, a lack of overnight position risk and, letrsquos face it, it is exciting. Traders generally use the same technical indicators and oscillators for day trading as they would position trading, so if you have a winning strategy, why wait weeks for the outcome Instead, traders can determine whether they have what it takes to make money within a single trading day. Most people assume day trading only entails trades that span the traditional opening and closing times of the official e-mini SampP 500 futures day session, which is 8:30 a. m. through 3:15 p. m. Central. But that isnrsquot necessarily true day trading is the practice of entering and exiting futures positions within a single trading session. In todayrsquos nearly 24-hour world of futures trading, a day trade might actually be held overnight. The distinction can be found in when the position was initiated, and whether it was still open at the close of trade. Most of the financial futures markets open in the afternoon prior to the official day session and trade through the end of the day session. As a result, it is possible to hold a day trade nearly 23 hours per day. If a trader is flat at the close of a trading session, anything done during that particular session is considered a day trade. Of course, there are some things to be aware of. Not all brokerage firms allow their clients to trade overnight those that do might levy a small fee for holding their position. Further, many brokerages offer day traders discounted margin rates. These margin discounts are frequently only granted during the exchangersquos official day session (8:30 a. m. Central to 3:15 p. m. Central). On a side note, my brokerage service (DeCarley Trading) is more liberal than most, since we grant day trading margins around the clock. Some brokers go so far as to force liquidate accounts at the close of each day if the client doesnrsquot have enough money to meet the exchangersquos state initial margin requirement. Not being aware of the rules and characteristics of a brokerage is a mistake capable of destroying an otherwise attractive day trading strategy. Brokersrsquo efforts to reduce the risk of day traders isnrsquot because they donrsquot want their clients partaking in the strategy. In fact, it is the opposite. Day traders tend to execute a high quantity of trades, which pads the pockets of brokerage firms. After all, the more a client trades, the more commission he pays to the broker. Accordingly, brokerage firms work hard to promote day trading via discounted margin rates and lower commission for the highest-volume day traders. They also encourage automated trading systems, which are inclined to be high-volume trading strategies. Further, risk managers at brokerage firms love the idea of their clients being flat overnight. As you can imagine, this takes much of the stress away from monitoring their client positions throughout the night. Donrsquot forget, futures trade nearly 24 hours per day you might be resting on the couch or fast asleep, but that doesnrsquot mean the markets are. Global events and sentiment sway asset prices in real time without any regard to what traders in the US might be doing at the time. Likewise, US traders buy and sell futures contracts throughout their day session without thinking twice about the Europeans, who are slumbering. I39ve been a commodity broker since early 2004 and have had the privilege of having a front row seat to the game of retail trading. Based on my observations, day trading is one of the most difficult strategies to employ successfully. Yet with difficulty comes potential reward for those capable of managing emotions and willing to put the time in to pay their dues. Traders able to uncover a way to make consistent profits might discover the reward is not only lucrative but also extremely convenient. They have the ability to sleep well at night and literally choose their own trading schedule. There is an unlimited number of strategies that day traders might opt to apply, so discussing that aspect in a single chapter is unrealistic. Any market approach deliberated in Chapter 6, ldquoPosition Trading in Futures, rdquo and market analysis techniques debated in Chapter 2 with respect to technical analysis can be applied to a day trading strategy. But over the years Irsquove noticed a few factors that play a big part in determining day trading success and failure. Hopefully, you will walk away from this section with a better understanding of risks, rewards, and reality. Common mistakes made by day traders Day traders face modest barriers to entry, but they also face the worst odds for success. However, much of the dismal performance by day traders can be mitigated by avoiding a few common mistakes. Unfortunately, many of the items on this list are easier said than done because, for many, they contradict some of the advantages of day trading luring them into the markets in the first place. Failing to take these steps shifts the odds of success away from the trader and toward his competition, the trading public. As a reminder, margin requirements for intraday trading are set by the brokerage firm, not by the exchange. As previously mentioned, because brokers generate revenue based on volume commission, they have incentive to entice traders to participate in day trading strategies with low margin rates. It isnrsquot uncommon for brokerage firms to advertise day trading rates for the stock indices such as the e-mini SampP 500, the e-mini Dow, and even the mini Russell 2000 for as little as 300 on deposit as a good faith deposit. So assuming his broker was granting him a 300 day trading margin, a trader with 3,000 in a futures account could buy or sell 10 stock index futures contracts at a time, as long as his intention is to exit by the close of trade. To green traders, this sounds like a fabulous proposition, but to those with experience it is a clear death sentence to a trading account. With that said, in the wake of financial crisis volatility, day trading margins have increased. It is still possible to find 500 day trading margin rates for stock indices, but most brokerages have increased it to 1,000 or above. This might appear to be a disadvantage and may frustrate a few traders, but the reality is a far more reasonable amount of leverage. In addition, it is still more than enough leverage to produce large profits and losses in a trading account. To put a 500 day trading margin into perspective, we know each point in the e-mini SampP 500 is worth 50, so with the e-mini SampP valued at 2,000 a single futures contract represents 100,000 (2,000 x 50) worth of the underlying SampP 500. It is easy to see how a trader buying or selling an e-mini SampP contract worth 100,000 with as little as 500 on deposit could get into trouble. If yoursquove done the math, in such a circumstance the trader is putting up a mere 0.5 of the contract value to partake in the profits and losses produced. This type of leverage doesnt give traders an advantage it gives them an incredible burden and a dismally low probability of success. Adding salt to the wounds of overleveraged day traders, many discount brokerage firms offering low margins are quick to liquidate client positions should their account equity dip (even slightly) below the stated day trading margin rate. This too adds to the likelihood of failure. A trader with 5,000 in a futures account being granted 500 day trading margins could buy or sell as many as 10 futures contracts to enter a position. However, if the market goes against the trade, even slightly, the brokerage will often liquidate the position. Each firm has slightly different risk rules, but most begin to take action if the trader has less than 400 per contract. Simply put, if the e-mini SP moves adversely by 2.00 points, the trade might be force liquidated. Even worse, brokers often charge a liquidation fee of 25 to 50 per contract. Anyone who has traded the e-mini SP before will tell you that 2.00 points are nothing more than random ebb and flow. Without the help of luck, a traders entry price will have to endure more than a 2.00-point drawdown before moving in the desired direction. Day traders using this much leverage rarely survive the trade long enough to see profits. To review: a trader starting with 5,000 and going long 10 e-mini SP futures, as would be allowed by a 500 day trading margin, could see his position offset by the risk managers of his brokerage firm once the loss reached 1,000 ((2.00 x 50) x 10) or 2.00 points in the e-mini SP. Further, the losses would be exacerbated by a forced-liquidation fee levied by the broker in an amount as high as 500. This trader would have lost 30 of his account in a matter of minutes on nothing more than quiet market flow. It should be clear by now that day trading futures in high quantities relative to account size or on a shoestring budget is equivalent to playing craps in Las Vegas. Traders can increase their odds of success by mitigating leverage through sufficient account funding, or at least trading minimal quantities. As a rule, it is a good idea to trade a single stock index futures contract per 10,000 on deposit in a trading account. Aside from the leverage factor, lightly capitalized accounts might not have the means to hold positions overnight when necessary. This does traders a massive injustice because it prevents their trading strategy from adequately giving each entry signal the time necessary to work out. Stock index futures might close at 3:15 p. m. Central, but that doesnrsquot mean your technical setup has had a chance to play itself out. For instance, a trading strategy could conceivably trigger a sell signal an hour before the close, but the restricted time frame might not allow for the anticipated price change to materialize. Thus, it might be crucial to hold positions into the overnight session, or even the next trading day, to give your strategy a fair chance to succeed. Trading sessions might be on timers but markets and technical indicators are not. If a trader is forced out of a trade at the close of the day session, it is possible he is forgoing the success of the trading signal. Most trading strategies struggle to turn profits on 50 of trades if you are limiting the performance of each signal to the day session, it is possible the winloss ratio will be greatly reduced. Sometimes, to their own detriment, those drawn to day trading tend to have hyperactive personalities, and this often has a negative impact on their trading results. Rather than exercising patience, many day traders force trades out of boredom, or they rush their trading signals. The best traders are able to develop the discipline necessary to delay entry into the market until their trading strategy returns a verified signal. Further, trading on a whim or a gut feeling in the absence of a true trading signal according to the set parameters is generally a horrible idea. This is because the venture is likely a low-probability prospect to begin with, but because a trade was entered on something less than a detailed strategy, there probably isnrsquot a sound exit strategy either. Further, it is doubtful the trader will be able to keep detrimental emotions under wraps on balance, if the trade is entered based on emotion not logic, the psychological stress is higher. Poor decision making breeds more poor decision making. If you find yourself in the midst of a string of bad decisions, it doesnrsquot mean you are an inept trader. It simply means you are human even the most experienced traders will have cold spells. What differentiates the successful from the unsuccessful is the reaction to hard times in the market. Traders who are overactive and trade without justification from a defined set of rules not only face potential peril from market losses, but they end up with a hefty commission bill that eats away at their trading account. I often find myself in conversations with traders who assume if they enter a position, and the market fails to move in the desired direction right away, they will just get out. Similarly, beginning day traders frequently express their desire to cut their losses by exiting a trade if it goes against them by a few ticks. Although the desire for risk management is admirable, the result is relatively predictable. This type of trading activity might not create large losses on each individual trade, but over time the transaction costs and small losses produced by the strategy can be substantial. Day traders using overly tight leashes to manage the risk of their trades will soon find small losses eventually leading to a big loss because the market will rarely move in the desired direction without some sort of adverse price move. A day trader cutting losses on a trade after a few contrary ticks faces a very low probability of catching a move in the desired direction. Brokerage firms love this type of trader. Not only do they pose little risk to the firm, they often pay a substantial amount of their account toward transaction costs. To prevent overtrading, most traders must adjust the way they think about the market and the day trading opportunities it presents. Green traders look at being flat the market (being without a position) as a missed opportunity. But traders should see it in the opposite light. Those on the sidelines are not losing money, nor are they at risk of losing money. In addition, they are in a much better position to take advantage of a promising opportunity should it come along. Traders often grow bored with a quiet market and execute a small trade to lessen the pain of watching paint dry. The problem with this is that quiet markets have a tendency to become abruptly volatile without any advance notice. Perhaps there is a new announcement or simply a large group of stop orders triggered to force prices outside of the narrow band of trading. In any case, a sudden change in volatility can be a painful lesson but also pose significant opportunities for those on the sidelines. Using stop orders Listing stop-loss orders as a common mistake that day traders make probably has readersrsquo minds reeling. The majority of trading books, courses, and forums teach traders to always use stop orders. In fact, if yoursquove ever trolled any of the popular social media trading groups, yoursquove probably noticed a daily meme regarding the perils of not placing stop-loss orders. When dealing with leveraged futures contracts and theoretically open-ended risk, you may find it preferable to protect a trading account from catastrophic losses. However, stop-loss orders might not be the best way to accomplish this task. In fact, in my opinion, the use of stops often increases the odds of trading failure. Anybody who has experienced their stop order being filled just before the market reverses understands the emotional turmoil it can cause, not to mention the financial ding to a trading account. Not only was that particular trade a failure but it can have a negative effect on trader psychology going forward, so it could affect future trades as well. The assumption regarding premature stop-loss triggers is that ldquosomeonerdquo could see the tradersrsquo stop order and went for it. The truth is, unless a trader is executing hundreds of contracts at a time, there wouldnrsquot be any incentive for a trader with pockets deep enough to be capable of taking advantage of a temporary stop running price spike to pay attention to the order, let alone take action. Most retail traders arenrsquot swinging enough size to get onto the radars of the ldquobig fishrdquo in the market. Thus, if a stop order is filled just before the market reverses to a favorable direction, the trader isnrsquot a victim he simply placed the stop-loss order at an inopportune place. Unfortunately, this occurs frequently. Ironically, the very order intended to protect traders from large losses can easily become the source of the large losses. In the end, several highly certain small losses will eventually add up to crippling amounts. We will debate the use of stop-loss orders and offer alternative risk management techniques further in Chapter 16. Once again, futures brokerage firms offer cheap and easy leverage. Unfortunately, novice traders often assume 500 day trading margin for the e-mini SP is a reasonable amount of leverage. In my opinion, utilizing the maximum leverage offered is a horrible idea, inevitably leading to massive losses. Traders are far better off trading with less leverage than is available to them. Yet, I would venture to say that most day traders execute quantities in excess of what is ideal based on available trading capital. Brokerage firms are partly to blame for overleveraged futures day traders, but in the end, it is the traderrsquos choice whether to use it. It is easy for traders to get sucked into the mindset that the more contracts traded, the more money made. They rationalize, ldquoIf the trade setup is a good one, and the belief is the market will move in the desired direction, why not trade as many contracts as possiblerdquo Regardless of the strategy, the trader never knows which ventures will be winners and which will be losers until after the fact. Even the best trade setups can go awry. Actually, sometimes trades that look the best on paper are the trades that fail to work. On the other hand, trades that comply with the signals but not the traderrsquos ldquogut feelingrdquo often work out the best. Accordingly, a strategy of loading up on risk on any particular trade is a poor one. The more contracts traded in a single outing exponentially reduces much needed room for error. In this game, it is important to have some breathing room no trading method is perfect. In addition to the mathematical disadvantage of lower-success probabilities at the hands of being overleveraged, trading a high number of contracts adds to the emotional turmoil a trader will experience. The avoidance of aggressive position sizing is key to keeping harmful emotions in check such as fear and greed. If you are holding 20 contracts in a 10,000 account it would take a mere ten-point move in the e-mini SampP to blow out your trading account. Further, it would only take a five-point move to lose 50. If yoursquove followed the e-mini SampP intraday, you know that it can move five points in the blink of an eye. One might argue trading such size leaves the door open to double an account on a single trade. This is true, but the odds are highly against it. Even the most sophisticated and experienced traders require room for error in their trading. How many contracts you trade at a time should be based on personal risk tolerance and available capital. However, I recommend traders initiate a position with a one-lot of a mini stock index futures contract per 10,000, or most other commodities (gold, crude oil, the grains, currencies). Of course, you can easily day trade ten or more times this amount with the given account size, but just because you can doesn39t mean you should. Sound boring Look at it this way: an average profit of 50 per day equates to 1,000 per month and 12,000 per year. Assuming you were skilled enough to do this and started with a 10,000 account, you would have more than doubled your money in a year. It doesn39t take 10 lots of any commodity futures contract to make 50 per day, but trading 10 lots dramatically increases your odds of depleting an account. To illustrate, a trader going long 10 e-mini SampP 500 futures stands to lose 10 of his trading capital for each point the contract goes against him. In a market that generally sees 10.00- to 15.00-point ranges on any given day, it would be relatively easy to cause detrimental harm to a trading account by executing too many contracts. Failure to average price Most people will tell you not to add to your losers. Nevertheless, for those with well-capitalized accounts, I believe adding to a position as a means of adjusting your breakeven point makes sense because it increases the odds of obtaining a better average entry price. Traders who follow the previous guideline of keeping position sizing reasonable to avoid the stress and risk that comes with overleveraging have the ability to price average. Price averaging for day traders is similar to the act of scale trading for a position trader. The premise is to nibble on futures contracts incrementally rather than buying or selling the entire desired position in a single transaction. If the plan is to go long crude oil with as many as five futures contracts, a day trader might start with a single contract and enter limit orders to buy the other four contracts at lower prices, perhaps 20 to 40 cents lower. In some scenarios, doing so will prevent the trader from getting all of the contracts filled, but it will also avoid being filled on all five in a declining market at what later turns out to have been an inopportune entry price. Once the trade is deeply underwater, emotions flare, leading to ill-advised trading decisions. Averaging the entry price will almost always lead to a more achievable breakeven point, and thus, less stress. Yet the practice of price averaging is something you should treat with care. It doesn39t mean you should buy another crude oil futures contract each 20 cents it drops against you without any other considerations. However, if the price of oil falls substantially beneath your initial entry, perhaps that is something to consider. Naturally, it would be wise to peel contracts off at various prices should the market turn in your favor. If you scale into a trade, it is often best to scale out of it, too. Day trading time frames Day trading is a broad term that can be used to describe a nearly unlimited number of strategies. It is conceivable that the most important decision a day trader makes when developing a trading plan is which time frame to use to chart the futures marketmdashwill the technical rules be applied to a chart using one-minute price bars, 60-minute price bars, or something in between There are even some day trading platforms and charting software packages that offer traders the ability to chart futures contracts using line charts produced by plotting data points for each and every trade executed on the exchange independent of time. Others have the ability to chart price intraday using 90-minute price bars a 90-minute chart would produce a price bar each hour and a half. Each of these examples rely on extremes, but most traders work with something in the 10- to 30-minute range. With that said, I prefer to look at a 60-minute chart. In my opinion, a 60-minute futures chart provides day traders with a ldquobigger picturerdquo view of price action, which can help prevent being lured into the market on noise, rather than a valid trading signal. The exact time frame a trader chooses should reflect his personality and risk tolerance. The shorter the time frame used, the more active the strategy will be and the higher the frequency of false signals. Conversely, longer time frames tend to experience less activity, fewer false signals, and less deceptive price moves. Yet, most technical trading strategies applied to charts with longer price bars will come with higher risks relative to a shorter bar. This is because those playing with stop-loss orders will be required to place stops deeper when using a 60-minute chart than they might with a 10-minute chart. Accordingly, there is a tendency for traders utilizing 10-minute price bars to trade larger quantities than those using 60-minute price bars. This is because the profit and loss potential per trade is generally smaller using a 10-minute trading trigger. In my opinion, day traders are better served trading less consequently, using 60-minute bars help to tame the trader. Figure 1: Beware of signals produced by technical oscillators in early morning trade following a tame overnight session. They are generally unreliable. Most assume all technical indicators will work similarly among various time frames and during all times of the trading day, but that isnrsquot the case. Technical oscillators are least reliable in the early morning hours (Figure 42) this is because they are being calculated based on what is often tight range trading in the overnight session. As a result, it is common to see indicators created to identify overbought and oversold market conditions produce false countertrend trading signals. Even worse, during this time of day, the indicator can easily reach highly saturated levels, giving traders a false sense of reliability. Oscillator inaccuracy doesnrsquot have to be early in the morning it can happen at any time. It is far more common when using short time frames. This is because the price data used to calculate each five - or 10-minute price bar isnrsquot necessarily a representative sample of the overall trend. Some traders think such charts will provide information that the 30- or 60-minute chart wonrsquot display for quite some time, but the overactive nature of short time frames encourages overtrading, breeds stress, and often massive losses. The use of a five-minute chart, relative to a 60-minute chart, will undoubtedly result in a higher number of day trading signals (Figure 43). However, the goal of any trading strategy should be to locate and execute quality trades focusing on quantity is a common misstep. Because shorter time frames disguise market noise as something significant, traders will likely fall victim to a large number of false signals. Even if the trader manages to keep losses on these high-frequency trades in check, excessive trading volume can quickly result in an expensive commission bill regardless of how low the trader has managed to negotiate his trading fees. The bottom line is, the traderrsquos behavior plays a much bigger part in controlling transaction costs than the actual commission rate paid to his broker. We will discuss the reality of commission in Chapter 15, ldquoUnderstanding the Implications of Trading Cost Decisions. rdquo Figure 2: A five-minute chart offers day traders a higher number of trading opportunities, but the quality of the signals produced suffer relative to a longer time frame chart, such as the 30- or 60-minute. Using charts based on short time frames, such as the five-minute chart, requires traders to place tighter stop-losses and therefore increases the odds of being stopped out of the trade prematurely. Nevertheless, because five-minute charts are so quick to generate signals, it is paramount that the trader keeps risk in check. This is because in low-volatility markets, the five-minute chart might generate a buy signal for countertrend swing traders with a mere 3.00-point decline in the e-mini SampP. However, we all know the SampP 500 is capable of moving 15 to 20 points in a minute or two. Thus, reacting to a shallow dip because the five-minute chart calls for it could put the trader into a massive losing position should he be in the wrong place at the wrong time. On the other hand, a swing trader acting on signals produced by a 60-minute chart might not receive a countertrend trading signal unless the SampP drops 15 to 20 points. Such a trader is still facing substantial risk, but on most days the SampP doesnrsquot fall more than that. Accordingly, the odds of getting stuck with a massive loser can be mitigated. Stop-loss orders or weekly options In Chapter 16, on deliberating risk management, we will debate the use of stop-loss orders and long options to protect futures positions from losses. It is worth mentioning in a discussion of day trading because the difference between success and failure is largely dependent on where, and how, stop-losses are used or not used. Despite widespread chatter suggesting that one should never trade without stops, it might be the sole reason most traders lose money. Whether traders place stops too tight or too loose, stop-loss orders elected prior to favorable market movement is a common occurrence that can devastate trading accounts as well as trader psychology. Nothing hurts more than losing money on a trade despite being right about the market direction. Day traders operating on the premise of quality over quantity by utilizing 60-minute charts, or perhaps even 30-minute charts, are generally aiming at higher profit targets than someone initiating positions based on five - or 10-minute charts. As a result, it might be worth their while to skip the practice of using stop orders and instead purchase cheap protection via weekly e-mini SampP options or e-mini NASDAQ options. If you are unfamiliar with weekly options, they are those listed by the futures exchange that expire on a weekly basis rather than a monthly basis, which has traditionally been the norm. There are also weekly options on some commodities such as the grains and crude oil, but most day traders are applying their efforts to the stock indices due to favorable liquidity. Those trading markets that donrsquot offer weekly options might look to the traditional monthly options if they happen to be expiring soon (two weeks or less). If it is possible to get a reasonably close-to-the-money weekly expiring call option in the e-mini SampP for less than 500, it might be worth the cash outlay to protect a short futures position for the day while protecting the trade from losses without the risk of premature stopout. This approach might not make sense for those traders utilizing extremely short time frames with small profit targets. Obviously, if a trading signal provided by the five-minute chart calls for a long position with a profit objective of three points, it doesnrsquot make sense to spend five or six points to protect it. Again, we will tackle this issue in more detail later on, but I wanted to introduce the idea here because it is relatively unconventional, despite being potentially helpful to a day trading strategy. Believe it or not, in many instances and environments and when using options for protection isnrsquot feasible, I believe not using a stop order at all is preferable. Stop-loss orders have the ability to cause more harm than good to countless traders. Scalping futures contracts Those who scalp futures contracts are seeking to profit from small market moves that seem inconsequential to most trading strategies. Scalpers believe because a market never sits still, they can profit from the ebb and flow that occurs as each market participant buys or sells a futures contract. In many cases, scalpers are targeting a mere tick or two in price movement. This is equivalent to different dollar values in each commodity market but is generally somewhere around 10. A scalp that nets one tick would provide a 10 profit to the trader before considering transaction costs, while a two-tick winner would generate 20 in gain. However, unlike position traders or even day traders using longer time horizons, who find transaction costs to have little impact on their bottom line, a scalper could easily pay 30 to 50 of his profits to transaction costs. Suddenly, the 10 per tick in profit per contract is cut in half. Because of the relatively low-profit potential per trade, scalpers are playing a volume game. They are rarely trading one or two contracts at a time. In order to make a scalping strategy worthwhile, it is necessary to trade high quantities of contracts in a clip. As you can imagine, this strategy is a dream come true for those benefiting from the trading costs of a scalping account. Contrary to what most would believe, the futures exchange itself reaps most of the rewards from the transaction costs paid by scalpers because exchange fees are constant regardless of how much commission is paid to the broker. Yet the broker often accepts a scalping account at a discounted commission rate to help better the clientrsquos odds of making money. As a result, the broker often makes pennies per trade even the most active scalpers donrsquot pad the pockets of his broker as much as he thinks he is. Instead, he is probably paying anywhere from 2 to 4 per trade to the exchange. So if you are a scalper and the CME reports better than expected earnings, you should know you played a part in that. Most scalping strategies involve attempting to buy the ask and sell the bid in any particular futures market. This goes against the norm. A trader placing an order to buy a futures contract at market price would receive a fill at the current ask price, if he placed an order to sell a futures contract at the market he would receive a fill at the current bid price. As covered in Chapter 1, the difference between these two prices is known as the bidask spread, and it is accepted as a normal cost of doing business in the commodity markets. Scalp traders must recognize the relatively hidden transaction cost of trading built into the bidask spread. A trader entering a futures contract at the market price is immediately sustaining a paper loss in the amount of the spread and the transaction costs. For simplicitys sake, lets assume a scalper is paying a total of 5 per round turn for commission and exchange fees, most of which goes directly to the exchange. By going long a crude oil futures contract, the trader is incurring a 5 transaction cost plus the spread between the bid and ask, which is generally a tick, or 10 in crude oil. Thus, upon entry, the trader is in the hole by one and a half ticks (15). To turn a net profit of a measly 5, the scalper must pick up two ticks in crude oil. This is easier said than done. To further illustrate, to make 50 the trader would need to execute 10 contracts and offset the scalp at a one-tick profit in addition to overcoming the one-tick hidden cost of the bidask spread. On the other hand, if the trader loses two ticks in the market, the total loss on 10 contracts is a quick and painful 250 ((20 5) x 10) From a purely mathematical standpoint, it is difficult to justify a scalping strategy. Yet some traders with quick fingers or computer programming prowess swear by it. A scalper thinks he can find a way to collect the bidask spread rather than pay it, as all other market participants do. To do this, he might place a limit order to sell a contract at the ask and buy at the bid to profit from market ebb and flow. Predicting the ability to do so often stems from judging the working limit orders of other market participants via a depth of market (DOM) panel. If you are unfamiliar with a DOM panel, it is a price ladder displayed within most futures trading platforms offering its users a glimpse into the currently working limit orders in a particular market. For instance, it will display the best 10 bids (working buy limit orders) and the best 10 asks (working sell limit orders). Accordingly, traders can see which prices within immediate reach of the market might have the most buying or selling interest. An often-overlooked drawback of DOM panels is they donrsquot display stop orders placed by market participants, and they donrsquot account for market orders. This makes sense, because a market order is filled immediately. Nonetheless, market orders are done by the most motivated buyers and sellers and often have the biggest impact on price. In general, if there are more sell limit orders working than buy limit orders, the scalper assumes he will be able to buy the bid as those seller orders are filled and prices are temporarily depressed. Likewise, if a trader spots a market with more buy limit orders immediately under the market, he might believe he can sell the ask as those orders are filled and prices are temporarily boosted. Some scalpers take the opposite approach. They believe if the DOM panel is displaying more sellers than buyers, they will be able to sell a contract and buy it back a tick or two later after the sell orders are filled and prices have fallen accordingly. Similarly, if the DOM panel suggests more buyers at prices near or a tick below the market price, a scalper might go long in hopes the filled orders will cause prices to tick higher. Once again, you can see there is more than one way of looking at market conditions and signals, and there are even more strategies attempting to exploit them. One again, there isnrsquot a proper or improper way to trade. The only judge is the bottom line of a trading account statement. It is also worth noting that, although these two approaches to scalping involve a vastly different thought process, both methods could work. We cannot deny that even in directionless markets, prices tick up and down as time goes on. This is all scalpers need to potentially profit. Scalping is a much more refined skill than it appears to be on the surface. Due to extremely high transaction costs and relatively aggressive position sizing, scalpers can make or lose a substantial amount of money quickly. If your preference is to employ a conservative trading strategy, look elsewhere. Despite low monetary risk per contract for most scalping strategies, the price action in such a narrow time frame is largely random, and high transaction costs are a difficult burden to overcome. In addition, the practice of scalping in the traditional sense requires more nimble fingers than the average trader likely has. In todayrsquos world of super computers, most scalping strategies have been developed into automated, or algorithmic, trading systems. This is an excerpt from Chapter 7 of Higher Probability Commodity Trading written by Carley Garner and published by DeCarley Trading, an imprint of Wyatt-MacKenzie Publishing. Es besteht ein erhebliches Verlustrisiko bei Futures und Optionen. It is not suitable for everyone Sign up for a free trial of our futures trading newsletters by clicking here. Carley Garner is an experienced commodity broker with DeCarley Trading, a division of Zaner, in Las Vegas, Nevada. She is also the author of ldquoHigher Probability Commodity Tradingrdquo, ldquoA Trader39s First Book on Commoditiesquot, quotCurrency Trading in the FOREX and Futures Marketsquot, and ldquoCommodity Optionsrdquo, she also writes a monthly column for Stocks amp Commodities Magazine. After graduating from UNLV as a Magna Cum Laude, Carley jumped into the options and futures industry with both feet in early 2004 and quickly became one of the most recognized names in the business. Her commodity market analysis is often referenced on Jim Cramerrsquos Mad Money on CNBC, and she is a regular contributor to TheStreet and its Real Money Pro service. Taking Advantage of Falling Fear Trading From the Gut: Is it a Good Thing Kenneth Reid, Ph. D. DayTradingPsychology Greetings traders, Irsquom a day trader and trading coach with a Ph. D. in Clinical Psychology. This e-book is about trading techniques, a quintessential topic because without a solid technical method, traders will absolutely drive ourselves crazy. The topic Irsquod like to discuss is trading intuitively, or ldquoTrading from the Gut. rdquo Humans have two brains and one of them (the right hemisphere) is highly intuitive. Naturally, traders wonder how best to incorporate intuition into trading, becausehellip itrsquos always there offering an opinion. And because there39s nothing methodical about intuition (itrsquos totally subjective and discretionary) it often creates a nagging inner conflict with a more objective (technical) perspective. DONrsquoT DRIVE YOURSELF CRAZY Discretionary trading is psychologically the most challenging work experience you are likely to ever have, unless you are in the military. Because it will feel like your own mind is working against youhellip which is what crazy people feel. Itrsquos like having Mad Money inside your head. Part of your brain is yelling ldquobuy, buy, buyrdquo and another part is shouting ldquosell, sell, sellrsquo Fortunately, this inner argument can be mitigated if the traderrsquos technical method is 1) well understood and 2) suits the traderrsquos own personality. So before we address the intuitive side of trading, letrsquos take a short detour and look at these two pre-qualifications. The personality analysis will then lead directly into a discussion of gut-based trading. For onersquos method to be ldquowell-understoodrdquo it has to be built by the trader from the ground up, or at least extensively tested. This is the only way to have sufficient confidence to endure drawdowns without feeling compelled to re-design the method. If you are constantly changing your method, i. e. searching for the Holy Grail, you wonrsquot get anywhere at all. Markets do evolve, of course, but if your method has a positive expectancy, change it as infrequently as possible. Generally, sticking with one method that you have absolutely mastered is better than trying to develop a different method for every market mood. Findingdeveloping a method that ldquosuits your personalityrdquo is also essential. However, most traders have no idea what their trader personality might be. I use my own 5-Type model, which is easy to understand. Letrsquos look at two opposite personality types, the Warrior and the Engineer. Trader personality fundamentally influences how you define risk and reward. A Warrior personality, such as found in most Chicago-trained traders, is generally risk-seeking and much less methodical than an Engineer personality, which is likely to be risk averse and very disciplined. The Warrior trader is usually comfortable doing things like buying or selling extremes and adding to a losing position (they call it ldquoscaling inrdquo), while the Engineer would consider that behavior sloppy and reckless. In a nutshell, the Engineer relies on ldquobrains, rdquo whereas the Warrior relies on a different part of his male anatomy. Warriors will often use market orders to enter in a general area of interest, usually at an extreme, and many are contrarians, who look to play reversals. Engineers, on the other hand, tend to feel more comfortable using limit orders for a satisfyingly precise entry after the Warriors have taken their positions, and then might look for trend continuation. Of course not all Warriors are countertrend traders and not all Engineers are trend followers, but I would argue that most Warriors are risk seekers and most Engineers are risk-averse. Bottom line: Your personality is already influencing your trading because it determines how you define opportunity, risk and reward. According to my research, trader personality is a combination of 5 different styles, and the best traders are not overly expressive of one single type. Rather, they are integrated hybrids and that hybridization process happens slowly, as traders mature. In the end, Warriors must become more methodical and Engineers must become more comfortable with risk in order for each to fulfill their trader potential. To find out more about trader personality you can take a free AWAREcopy personality profile on my website daytradingpsychology WHAT ABOUT TRADING FROM THE GUT Herersquos the segue into the topic of intuitionhellip. your personality determines to what degree you are attracted to intuitive trading. Warrior traders trade from the gut all the time. Itrsquos naturally their dominant style. They think with their gut and act from their gut and their account balances usually fluctuate wildly. Fortunately, psychologists recently discovered that there is a brain in the gut, so Warriors do have a fighting chance. Their main challenge is keeping losses small because they are natural risk-seekers . And regardless of your personality type, the more intuitively you trade, the more carefully you need to manage losses, or they will get out of hand. ARE YOU TRADING RISK OR REWARD Nigel Hawkes, a very experienced Warrior trader and friend, is fond of saying that ldquoI donrsquot trade price, I trade risk. rdquo They seek out risk because they know, in their gut, that without risk there is no chance of reward. They donrsquot shy away from risk, they embrace it and get charged up from it. Without a steady supply of risk, Warriors get bored and feel useless. But for the average non-Warrior trader . risk is not their friend. The average trader tries to avoid risk because for them, risk loss. (Their ideal fantasy is a market without risk.) Their thinking goes like this: ldquoWhy think about possibly losing when the goal is to win Wouldnrsquot that be negative and self-defeatingrdquo This naiumlve assumption is why most traders start out trading Reward, not risk. In analyzing a potential trade, they only think about how much they could make. But if you have not planned and prepared to lose, trading Reward sets you up for shock and disappointment when the market suddenly moves against you. Every loss is then a small trauma for the blindsided Reward trader. And in that panicked emotional state, you are likely to make mistakes, which will result in some of those small unrealized losses suddenly becoming large realized ones. That creates the standard boombust pattern for Reward traders. They are lucky if they can stay at breakeven. Whatrsquos the alternative Trader development is largely about integrating complementary personality qualities (hybridization, as noted above) and making the shift from trading Reward to trading Risk. In my own trading, this means using my professional trading to read price action psychologically. I trade futures and I try to determine where the Reward-driven Traders are likely to stop themselves out. The principle is simple: if you are trading in a minefield, you donrsquot want to be on point. I prefer to wait until a group of Reward Traders suddenly change their minds and now believe that they have made a mistake. This motivates them to liquidate their positions at a discount. And thatrsquos where I like to enter. HOW TO MAKE THE MINDSHIFT If you want to make the transition from trading Reward to trading Risk, the following material might be useful for you. Below is a summary of a video I produced on Trading from the Gut and a link to the downloadable video file, which is just 5 minutes long. By the way, the video is not just informational, if you use headphones itrsquos an experiential lesson that might actually help you change this habit if you listen to it every day for a week or two. (And therersquos a link if you want to get one of these videos every week.) TRADING FROM THE GUT Looking at a cold chart, trading looks seductively easy. Hindsight is a beautiful thing. The lure of hindsight is that we imagine that somehow we could have or should have known what was going to happen at pivot Xhellip or pivot Y. We like to imagine that we could have taken advantage of the big drop or the big rally. Itrsquos particularly pleasurable to imagine this because when the thought of a beautiful winning trade flashes through our mind, even in fantasy, the brain generates a jolt of the neurotransmitter dopamine. Dopamine is mentally energizing and motivating. It fuels the primitive hunter in us who constantly stalks the big trade. Unfortunately, dopamine is also addictivehellip itrsquos the active compound in cocaine. Curiously, more dopamine is generated by the thought of potential reward than by the actual reward. This is what kept those hungry hunters going for days and it motivates traders to dream big and be over-focused on reward (dinner). If you are chronically low on dopamine (which has a genetic cause) one of the best ways to raise it is to imagine great trades. Each imaginativeintuitive foray into a positive future generates a shot of pleasure and hope, just like a rat pressing a lever. THE DREAMER vs. THE REALIST Therersquos no harm in dreaming. The harm comes when we act on the fantasyhellip with real money. (Strike One.) And then use our factual knowledge to justify the imagined scenario. (Strike Two). And then fail to recognizeadmit when we are wrong. (Strike Three) Itrsquos amazing how utterly convinced we can become about the profit potential of our own fantasies. Of course, casino operators rely on this all too human quirk to keep customers playing as long as possible. But in trading, the trader is the casinohellip the player, the dealer and the pit boss. In other words, therersquos no objective supervision. I used to work in addiction recovery centers. Itrsquos tough to motivate an addict to quit while they still have money to buy drugs and itrsquos just as tough to get a compulsively hope-ium-smoking trader to stop dreaming while heshe still has capital. Once we take action on a fantasy, we become so psychologically invested in our imagined outcome (which constantly shoots dopamine into the brain circuits) that we will ignore all disconfirming information until reality pulls the needle out and slaps us hard upside the head. Unfortunately, intuitive traders rarely learn from their mistakes, which means they keep trying until they run out of funds. Indeed, trading intuitively from the gut is one of the fastest ways to blow up an account. Then I get the call: ldquoCan you help me Irsquove really screwed up. rdquo Therersquos a book entitled Trading from the Gut by one of the original Turtles, Curtis Faith, who did blow up several funds and eventually faced personal bankruptcy. Faith was a math and programming whiz when he was 19 years old, which is why he was selected by Richard Dennis, but he abandoned that skill later in life, went to the opposite extreme and has not yet come back to the middle. For his sake I hope he finds it. MISSING PIECES FOR INTUITIVE TRADERS Whatrsquos missing from gut-level trading Three things. First, an appreciation of the marketrsquos random nature (Read Mark Douglas or Talebrsquos Fooled by Randomness ). Intuitive trading is based on the fantasy that we now have or can have privileged information about the future. I call it mindreading the markethellip but the market doesnrsquot have a mindhellip. or a planhellip and it doesnrsquot know what itrsquos going to do next, so how could we know Just because the market leaves tracks and one can see patterns in the tracks, doesnrsquot mean those patterns could be predicted beforehand. Clouds make patterns, too. I see faces, you see animals, one person sees monsters, another sees angels. For survival purposes, our right brain is designed to identify patterns as quickly as possible. The tiny amygdala that controls fightflight reactions is the size of an almond and can recognize 20,000 faceshellip animals, monsters, angels. Just because you lsquosee itrsquo in your mindrsquos eye, doesnrsquot mean itrsquos really there. Second, risk analysis is lacking, because each intuitive idea feels like a sure thing. The inner gamblerrsquos justification story goes like this: ldquoWhy prepare for loss if I donrsquot expect to loserdquo Third, purely intuitive trading lacks any objective reference. Itrsquos all subjective, all the time. Most intuitive traders trade naked, i. e. without indicators, just levels. BOTTOM LINE If you have a tendency to manufacture intuitive ideas and then act on them without objective confirmation, itrsquos important to nip this tendency in the bud, as this is extremely high risk behavior. My short answer on how to incorporate intuition in onersquos trading goes like this: Trading is like driving. Driving is a discretionary and intuitive activity that gets you from Point A to Point B, but you first need to have a car and know (and obey) the rules of the road. The lsquocarrsquo and the 39rules of the road39 comprise your technical method, which must have a positive expectancy to be effective. Intuition can (and probably should) be used to enhance onersquos driving on the margins, but it is not an adequate substitute for a rule-based method. The video that accompanies this article includes some special affirmations that might help you change this behavior. They are embedded in a special neuroprogramming audio track that promotes whole brain learning. YOU CAN DOWNLOAD THAT FREE VIDEO BY CLICKING HERE You can sign up for more videos HERE Dr. Kenneth Reid is a seasoned trader, trading coach and educator with a Ph. D. in clinical psychology. Dr. Reid began stocks trading for his own account in 1996. In 2001 he was hired by a company in Connecticut as a model portfolio manager, newsletter editor and market strategist. He retired in 2012 to pursue his futures trading and coaching practice full time. Dr. Reid works with private traders, Registered Investment Advisors, as well as hedge fund and bank traders. His website is daytradingpsychology Chapter 10 10 Smart Reasons for Forming a Trading Entity Robert A. Green, CPA, GreenTraderTax Forming an entity can save active investors and business traders significant taxes. Active investors can limit wash sale losses calculated between their individual taxable investment accounts and IRAs with an entity account. Business traders solidify trader tax status (TTS), unlock employee-benefit deductions, gain flexibility with a Section 475 election and revocation and limit wash-sale losses with individual and IRA accounts. For many active traders, an entity solution generates tax savings in excess of entity formation and compliance costs. Active Traders Should Consider An Entity for Tax Savings An entity return consolidates your trading activity on a pass-through tax return (partnership Form 1065 or S-Corp 1120-S), making life easier for you, your accountant and the IRS. Itrsquos important to segregate investments from business trading when claiming TTS, and an entity is most useful in that regard. Itrsquos simple and inexpensive to set up and operate. Additionally, entities help traders elect Section 475 MTM (ordinary-loss treatment) later in the tax year mdash within 75 days of inception mdash if they missed the individual MTM election deadline on April 15. And itrsquos easier for an entity to exit TTS and revoke Section 475 MTM than it is for a sole proprietor. Itrsquos more convenient for a new entity to adopt Section 475 MTM internally from inception, as opposed to an existing taxpayer whom must file a Form 3115 after filing an external election with the IRS. Donrsquot worry, prior capital loss carryovers on the individual level are not lost they still carry over on your individual Schedule D. The new entity can pass through capital gains if you skip the Section 475 MTM election to use up those capital loss carryovers. After using up capital loss carryovers, your entity can elect Section 475 MTM in a subsequent tax year. Business traders often use an S-Corp trading company or an S-Corp or C-Corp management company to pay salary to the owner in connection with a retirement plan contribution, which otherwise isnrsquot possible in a partnership trading company (unless a trader has other sources of earned income or is a dealer member of a futures or options exchange). Trading in an entity can help constitute a performance record for traders looking to launch an investment-management business. Finally, many types of entities are useful for asset protection and business continuity. A separate legal entity gives the presumption of business purpose, but a trader entity still must achieve TTS. Avoid wash sales with an entity Active investors in securities are significantly impacted by permanent and deferred wash sale losses between IRA and individual taxable accounts. Trading in an entity helps avoid these problems. The entity is separate from your individual and IRA accounts for purposes of wash sales since the entity is a different taxpayer. An individual calculates wash sales among all their accounts. Ring fencing active trading into an entity account separates those trades from the individual wash sale loss calculations. The IRS is entitled to apply related party transaction rules (Section 267) if the entity purposely tries to avoid wash sales with the ownerrsquos individual accounts. In that case, the entity will not avoid wash sale loss treatment. If you donrsquot purposely avoid wash sales, you can break the chain on year-to-date wash sales in taxable individual accounts by switching over to an entity account mid-year or at year-end, and prevent further permanent wash-sale losses with IRAs. If the entity qualifies for TTS, it can consider a Section 475 MTM election exempting it from wash sales (on business positions, not investment positions) that also negates related party rules. Play it safe on related party transaction rules by avoiding the repurchase of substantially identical positions in the new entity after taking a loss in the individual accounts. Business traders: consider an entity Many active traders ramp up into qualification for TTS. They wind up filing an individual Schedule C (Profit or Loss from Business) as a sole proprietor business trader the first year. Thatrsquos fine. They deduct trading business expenses on Schedule C and report trading gains and losses on other tax forms. They can even elect Section 475 MTM by April 15 of a given tax year to use ordinary gain or loss treatment (recommended on securities only). But a Schedule C owner may not pay himself compensation and the Schedule C does not generate self-employment income, either of which is required to deduct health insurance premiums and retirement plan contributions from gross income. (The exception is a full-fledged dealermember of an options or futures exchange trading Section 1256 contracts on that exchange they have SEI per Section 1402i.) The business trader needs an entity for those employee-benefit plan deductions. Safeguard use of Section 475 Pass-through entities We recommend pass-through entities for traders. A pass-through entity means the entity is a tax filer, but itrsquos not a taxpayer. The owners are the taxpayers, most often on their individual tax returns. Consider marriage, state residence and state tax rules including minimum taxes, franchise taxes and more when setting up your entity. Report all entity trading gains, losses and expenses on the entity tax return and issue a Schedule K-1 to each owner for their respective share mdash on which income retains its character. For example, the entity can pass through capital gains to utilize individual capital loss carryovers. Or the entity can pass through Section 475 MTM ordinary losses to comprise an individual net operating loss (NOL) carryback for immediate refund. The best types of entities We like the S-Corp because it pays compensation (officerrsquos salary) to the owner, which efficiently unlocks health insurance premium and retirement plan contribution deductions. You can form a single-member LLC or multi-member (spousal) LLC and the LLC can elect S-Corp tax treatment within 75 days of inception or by March 15 of the following tax year. (Another option is to form a corporation and it can elect S-Corp tax treatment, too.) A general partnership can also elect S-Corp status in every state except Connecticut, the District of Columbia, Michigan, New Hampshire, New Jersey and Tennessee. But the S-Corp is not feasible alone in some states or cities, including California and New York City. In those places, we suggest a trading company partnership return mdash either a general partnership or LLC mdash and a management company S-Corp or C-Corp. You can convey interests in the pass-through entity to family revocable trusts or even irrevocable trusts. Year-end Entity planning There are important tax matters to execute with entities before year-end. For example, S-corps and C-corps should execute payroll before year-end. A Solo 401(k) defined contribution plan or defined benefit retirement plan must be established before year-end. Top 10 Tax Deductions for Active Traders Active traders qualifying for trader tax status (TTS) maximize these deductions in the following ways: Use the square footage or rooms method to allocate every expense of your home including mortgage interest, real estate taxes, rent, utilities, repairs and maintenance, insurance and depreciation. The IRS limits use of HO expenses by requiring business income to offset the deduction, except for the mortgage interest and real estate tax portion. Link the HO Form 8829 to TTS trading gains or transfer some to Schedule C to unlock the HO deduction. If you have trading losses, carry over unallowed HO deductions to subsequent tax year(s). Converting personal home expenses to business use is great. 2. Additions and improvements to office Consider an addition or improvements to your home office like building more space, replacing windows, walls, and flooring. Depreciate residential real property over 39 years on a straight-line basis. If you rent or own an outside office, depreciation rules are more attractive. The Protecting Americans From Tax Hikes (PATH) Act of 2015 created ldquoqualified improvement property. rdquo Itrsquos a new class of nonresidential real property, excluding additions like increasing square footage. Use 50 bonus depreciation on qualified improvement property placed in service in 2016. PATH extended bonus depreciation through 2019. 3. Tangible property expensing Expense new tangible property items up to 2,500 per item. Before 2015, the IRS threshold for capitalization with depreciation vs. full expensing was 500. When you purchase a new trading computer system its best to arrange separate invoices for each item not exceeding 2,500. 4. Section 179 (100) depreciation For equipment, furniture and fixtures above the tangible property threshold (2,500), use Section 179 depreciation allowing 100 depreciation expense in the first year. PATH made permanent generous Section 179 limits. The 2016 limit is 500,000 on new and used equipment including off-the-shelf computer software. The IRS limits the use of Section 179 depreciation by requiring income to offset the deduction. Look to business trading gains, other business income or wages, from either spouse, if filing joint. 5. Automated trading systems Increasingly, traders are writing computer code for developing automated trading systems. The IRS allows a few different choices for expensing ldquointernal-use software. rdquo If you qualify for TTS before incurring software development costs, deduct them like other research expenses in Section 174(a) in the year paid. If you donrsquot qualify for TTS before incurring software development costs, capitalize them under Section 174(b). Two choices: When you complete the software and qualify for TTS, amortize (expense) the intangible asset over 60 months. Or, wait until you place the software in service with qualification for TTS to amortize (expense) the intangible asset over 36 months. Traders may qualify for TTS using automated trading systems providing they write the code or have other significant involvement with creation and modification of the automated trading systems. Conversely, if a trader purchases an off-the-shelf automated trading system providing entry and exit signals and trade execution, the trader probably doesnrsquot get credit for the volume and frequency of trades made by the automated trading system. 6. Education, mentoring and seminars All three are considered education expenses and tax deductibility hinges on qualification for TTS. Education business expenses paid after the start of your business are allowed for maintaining and improving your business. Learning a new business before starting that business is not allowed as a business expense. If you are learning about investing while carrying on an investment activity, that education expense is not allowed as a Section 212 investment expense by Section 274(h)(7). Tip: If you pay for trading education services before qualifying for TTS, consider using Section 195 start-up expenditures treatment below. 7. Section 195 start-up expenditures Go back a reasonable period (six months) before qualifying for TTS to capitalize a reasonable amount (15,000) of start-up costs. Start-up expenses include costs to investigate and inquire about a new business. Costs capitalized in Section 195 would have to qualify as a business expense if paid after business commencement. Section 195 allows an expense allowance in the first year up to 5,000. Start a calendar year business late in the year and still get the full 5,000 expense allowance. Amortize the remainder of the costs over 180 months on a straight-line basis. If you exit the trading business, you may write off the unamortized balance. 8. Organization costs Under Section 248 for corporations and Section 709 for partnerships, treat expenses to organize or form an entity in a similar manner as Section 195 start-up expenditures. There is a separate first-year expense allowance up to 5,000, and the balance is amortizable over 180 months on a straight-line basis. 9. Health insurance premiums Deduct health insurance premiums from individual AGI if you have an S-Corp trading company paying you W-2 wages which include your premiums. The plan must be in association with your small business and not a third-party employer plan for you or your spouse. Deduct health insurance premiums during the entity period, not before. This S-Corp wage component for health insurance premiums is not subject to social security and Medicare taxes, so enjoy the income tax savings with no offsetting payroll tax costs. A C-Corp management company deducts health insurance premiums on the corporate tax return. 10. Retirement plans Most traders with TTS should consider a Solo 401(k) retirement plan. Consistently high-income traders with TTS should consider a defined benefit plan if they are close to age 50. Retail traders need an entity like an S-Corp trading company or C-Corp management company to arrange retirement plan deductions since sole proprietor traders donrsquot have earned income required for employee benefit plan deductions. With one exception: Futures traders using full exchange membership have self-employment income (Section 1402i). Solo 410(k) plan . S-Corp officer wages of 140,000 unlock the maximum 53,000 contributiondeduction or 59,000 if age 50 or older with the 6,000 catch-up provision. The 100-deductible elective deferral up to 18,000, or 24,000 with the catch-up provision, provides the greatest income tax savings vs. payroll tax costs. The 25-deductible profit-sharing plan up to 35,000 is good if you have sufficient cash flow to invest in tax-free compounded growth within the plan. Defined-benefit plan (DBP) . With consistent high trading income, arrange a 100,000 plus contributiondeduction with a defined-benefit plan. Work with an actuary on complex DBP calculations. Business traders have a wide variety of other expenses including independent contractors and employees for trade assistance and IT, market data providers, charting software, chat rooms and trading groups, subscriptions, books, periodicals, attorneys, accountants, tax advisors and more. Commissions are not expenses they are part of the trading capital gain or loss. Business expenses are deductible ldquoabove the linerdquo from gross income, whereas investment expenses face significant limitations ldquobelow the line. rdquo Section 212 investment expenses exclude home office, start-up expenditures, employee benefits and education. They are part of miscellaneous itemized deductions, which must first exceed a 2 of AGI threshold. Upper-income taxpayers face additional limitations: a Pease itemized deduction phase-out and AMT taxes since investment expenses are an AMT preference item. Learn how to qualify for TTS on GreenTraderTax Robert A. Green is a leading authority on trader tax, author of The Tax Guide for Traders (McGraw-Hill, 2004), Greenrsquos Trader Tax Guide . the ldquoBusiness of Tradingrdquo column for Active Trader magazine and blogger for Forbes. Mr. Green is frequently interviewed and has appeared in Barronrsquos, the New York Times, Wall Street Journal and Forbes. He has also appeared on CNBC, Bloomberg Television and Forbes Video Network. He is the main tax speaker at the MoneyShow University and Traders Expo, and he teaches trader tax for CCH and state CPA societies. As founder and CPACEO of Green amp Company Inc. Mr. Green develops and leads our tax strategies, including our trader tax niche. Mr. Green handles our content generation, speaking, writing, advocacy, marketing, business development, alliances, events and more. As Managing Member of Green, Neuschwander amp Manning, LLC our CPA firm, Robert Green is involved with tax strategies, tax treatment, opportunities, problems, client relations, reporting standards, working with tax attorneys and more. He handles many consultations with clients and entity formations using our outside attorneys. Mr. Green is also involved with tax controversy, including IRS and state exams, appeals and tax court. Mr. Green co-manages operations on the CPA firm, too. TABLE OF CONTENTS 8 Forex Life Hacks To Make You a Better Trader MY 1 DAY TRADING TECHNIQUE:THE HOFFMAN INVENTORY RETRACEMENT BAR (IRB) TRADE MY FAVORITE DAY TRADING TECHNIQUE MY FAVORITE DAY TRADING STRATEGY THE RUBBER BAND REVERSAL STRATEGY USING PRECISION INDICATORS TO DAY TRADE ON THE RIGHT SIDE OF THE MARKET FORCE DAY TRADING AND ALGORITHMIC TRADING IN FUTURES TAKING ADVANTAGE OF FALLING FEAR TRADING FROM THE GUT: IS IT A GOOD THING 10 SMART REASONS FOR FORMING A TRADING ENTITY Risk Disclaimer There is a very high degree of risk involved in trading. Die Ergebnisse der Vergangenheit sind kein Hinweis auf zukünftige Erträge. ChartExperts and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. By accessing this book your information may be shared with our educational partners. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of ChartExperts may have a position or effect transactions in the securities described herein (or options thereon) andor otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies. Copyright 2016 by Sir Isaac Publishing. 37 N Orange Ave STE 500 Orlando, FL 32801 chartexperts All rights reserved. Printed in the United States of America. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior written permission of Sir Isaac PublishingDate: Saturday 25th of February, 2015 From: Andrey Lubchenko If youve always wanted to make money in trading. and live the life of your dreams earning money from home - then I have great news for you I am about to show you the most amazing swing trading system which made over 312,634.97 in 2009, and will give you the limited opportunitiy to trade with it But first, let me tell you one secret which all legendary traders know . and 99 of traders have no clue of : Do you know why these legendary traders make millions . while you struggle to keep your head afloat Because They Are NOT Day-Trading Thats right, they dont day-trade. They dont even scalp. And why should they Day trading only leads to: The only one who finds day-trading profitable. is your broker Think about it for a second: if you take only 4 trades per day and trade 5 days a week. in one year you will pay 11,200 just for spreads and commissions. this amount is paid even before you actually made ANY profit And if you are scalping the picture is even worse. in only one year you will pay 28,000 just for spreads The Only One Making Money. Is Your Broker You get the picture - Day trading can cause you serious financial damage. In fact, some say that day-trading is a scam invented by brokers to suck your money quicker. By charging you one tiny pip here and one tiny pip there, brokers slowly takes your money away. Even if you dont care about the spreads and still wish to do day-trading, it is estimated that about 80 of price movements in the lower timeframes (of day-trading and scalping) are pure noise Meaning that you are trying to find patterns and use indicators, in a purely random environment The sad thing is that most people wont even know what happened They will just assume that they dont trade well enough. and will continue giving their money away to brokers, instead of learning the truth about day-trading and successful trading. There are still traders who take home these amazing bonuses. sometimes even tens of millions in a few months of work What to these supertraders do to prevent this financial massacre Thats right, they do swing trading Swing Trading is MUCH More Profitable The 95 top traders of the world dont bother with trading on 5-minute charts or even 30-minutes. because they know that all youll find there is plain noise. Even the trends in these lower charts are short lived and not worth following. Paying 2 pips spread to catch a 20 pips movement - is a 10 commission that you pay even before you made any profit Its not the same as paying 2 pips spread to catch a 2,000 pips movement. which is much more profitable and makes much more sense. But if you swing trade, you turn the table to your advantage What Swing trading means for you: But first, what is swing trading. Swing trading is trading on 4-hour and daily charts, and focusing on the bigger moves of the markets. A trader that trades swing takes advantage of huge trends and momentum, and is able to rid immense trends, just like this one: Fig. 1: 300 Pips in a Powerful Trade 182 people currently viewing this page Swing trading is also much more accurate and hit rates are much higher - you dont need to cope with big amounts of noise that 5-minute and 15-minute charts have. in swing the picture is much clearer and easier to analyze. Not only this. Swing trading also takes much less time In fact, even if you have a day job you can swing trade with no problem, and can look at the charts only once a day This is a huge advantage of swing trading. imagine that: making an additional or even main income from trading, looking at the charts only once a day This allows just about ANYONE to do swing trading. Once You Have the Right TOOLS. And this is exactly what I am going to give you In the last 6 years, myself and a man nicknamed the The Sniper have been working and perfecting a secret system for swing trading, that is able to generate up to 2,632 pips in one trade We like to call it the Elite Swing Trader. The Elite Swing Trader is a top trading-system generating mindblowing profits in the higher timeframes. Using secret patterns and the psychology of the markets it is able to produce the most accurate and precise trading signals on ANY Forex, Future or Stock - and it does that with only 10-20 minutes per day Forget About Lagging Indicators Forget about all the lines and colors flocking your screen. they are just preventing you from seeing the real picture. The Elite Swing Trader gives you the tools to objectively and systematically analyze any pair and generate superb amp leading trading signals, with just 10 minutes a day. Even if you still have a day job or just dont want to devote 10 hours a day to trading, the Elite Swing Trader will give you accurate signals with as little as 10 minutes per day, easy and simple. Going to swing trading wasnt natural for me. I started, like many of you, in day trading. heres my story: Ever since I heard about people making money in trading, I felt that this must be the DREAM job. Making money from anywhere in the world. without a boss and commitments to workplace or hours. I read a LOT about trading but I lacked one thing.. . Experience I knew that in order to trade well I must get some trading experience. to get the feel for the markets. But how was I supposed to get experience if I worked for 10 hours a day I looked desperately for a way of combining my day job with trading. and eventually I found out about swing trading. I started to focus and analyze only the 4-hour and daily charts. For 6 years I have been focusing solely on these charts. on the big moves of the markets and the actions of the big players. And I found out that Swing trading is MUCH EASIER I used to trade on the 5-minute and 15-minutes charts when I had time (mainly at night), and it was very hard. In these timeframes you must have super-precision in your entries and one tiny error or late response can turn a winning trade into a disaster. Swing trading is nothing like this In fact, you have so much time to react that even if you take 30 minutes to analyze the trade. you can still make a splendid entry and could have a very profitable trade Elite Swing Trader is Very Simple The Elite Swing Trader gives you simple, easy-to-follow system to make money in Swing trading. Forget about all complex indicators and tons of calculations. With the Elite Swing Trader you can have a complete and simple system that takes you from a complete newbie to a pro swing trader. It doesnt matter if you are already a profitable trader or a newbie, the Elite Swing Trader will take your trading to the next level Fig. 4: Another Accurate Trade. Imagine waking up with extra 2,436 in your account This is how it works: Step 1: You analyze the market for 5 minutes, and look for the special set-up that we will teach you.. Step 2: You enter the trades.. Step 3: You take the profits And you can do it even if you still work at your day job Start trading with the Elite Swing Trader NOW : This is TRUE Freedom. Trading for 10, 15 hours per day is not a true financial freedom . Traders who trade these hours are not really free . no matter how much money they make. They just exchanged one job with another, that pays slightly more. But when you start swing trading you could forget about these mad hours and start LIVING By focusing only few minutes per day in trading - and still big profits, you will start to see what is true freedom. Being able to enjoy your free time with your family and friends, take vacations, and still make money in trading, from anywhere in the world. All this is possible with the Elite Swing Trading system. Imagine making trades like this one and taking easy profits, while you relax on the beach: Fig. 5: 3 Recent, Highly-Profitable Trades that made 16,582 in 4 days Isnt this the kind of lifestyle you want to live The kind of money you would like to earn And even though you will not waste hours in front of the screen, looking desperatley for opportunities, you will still: Make AMAZING Profits The Elite Swing Trader is designed to signal trades at top precision points so you can make literally thousands of pips in one trade Do you start to see why swing trading is much better than day trading Each win is the size of hundreds and thousands of pips You could never achieve such trades in day-trading, not mention scalping which is even worse. Check out what our customers have to say: Makes Money, Trade after Trade To be honest I had a bad experience with courses like this one. most of them promise you the world but fail to deliver. But this one was an exception. Im still amazed by the fact that such a simple method actually works and makes money, trade after trade Made 2K in 1 Trade I purchased the Elite swingtrader 2 days ago and got a signal yesterday evening. I entered the trade according to the rules and went to sleep. Next day I woke up with extra 2K in my account . thanks. ) Precise amp Leading Signals Put you Ahead of 95 of Traders The Elite swing trader gives you the most precise and accurate entries possible, with more than 80 hit rate The Elite Swing Trader shows you exactly where to enter right before the big moves and when the smart money joins the markets You will exploit the big momentum that banks and institutions use to trade. Forget about trading small movements and taking 10-15 pips profit in the louse 5-minute timeframe. with the Elite Swing Trader you will practically COPY the traedes of the worlds top banks and hedge funds Remember when the Euro crashed 4,000 pips agsinst the USD The Elite Swing Trader gave the exact short signal, 2 hours before this extraordinary move happened - and our traders made hundreds of thousands of dollars, from this trade alone Fig. 9: 8,125 profit trading one lot - our traders trade up to 10 lots in one trade. with profits reaching to 80,125 from this trade alone Any of our customers could have entered and profited from this trade, from Russia to the US and Italy - because the Elite Swing Trader can be traded fremo anywhere in the world. Imagine being free of the boundaries of your country and home and being able to make money NO MATTER WHERE YOU ARE or where you live. Earn money while on vacation Live at most beautiful and exotic places on earth Travel whenever you want, without worrying about your salary or paychecks If you answered YES to these questions, than the Elite Swing Trader is just for you Minimum Effort - Maximum Effect Life is not about working, its about LIVING Whats the point of making huge money in trading if you dont have enough time to spend it With the Elite Swing Trader you wont need to worry about this anymore. in fact - many of my friends call me LAZY, as I only spend 30-50 mninutes a day at my work I still make a lot more money than they make in their 9-to-5 jobs -) But lets say that you still wish to make more money - thats possible too, because Elite Swing Trader Works on Multiple Currencies The Elite Swing Trader is a universal trading strategy. Unlike most systems that works only on a few currencies and timeframes. the elite swing trader applies to all pairs, so if you want 10 times more money, simply trade on 10 more currencies. The Elite Swing Trader would still make crazy profits in just about ANY pair. Trade the Israeli Shekel With Great Success Just writing this email to tell you that I am trading your system on the USDISR and it works like a charm This is a pair with extremely high volatility (1000s of pips per day) and I am making a killin on it.. Threw All my Old Systems out the window This system is one of the most accurate systems Ive traded, and Ive tested quite a few. Threw all my old systems out the window. focusing only on the Elite for now. Live and Earn like a Trading King Even if youre not a good trader right now, or even if youve never traded and heard that theres money to be made in Forex the Elite Swiing Trader will give you the best tools to achieve Forex success. This is what you will discover in the Elite Swing Trader system: The hidden secret about powerful market reversal zones How to spot the best trading opportunities An A to Z guide of managing risk and money The most foolproof and powerful trading method that has worked for any pair for centuries How to confirm trades for maximum hit rate The most powerful methods that the worleds top traders use to signal their trades and time entries The 3 top reasons why traders LOSE money and how to overcome them The precise method that generates laser-precision signals right when the smart money joins the market Trade like a hedge fund super-starfrom the comfort of your own home The importance of Risk:Reward and why you cannot profit without paying attention to it How to predict the movements of the dumb money and always be ahead of it The techniques and tactics of swing trading is not new. They are known to all top traders of the world that dont bother trading in small timeframes. Banks or hedge-fund are doing it as well: it is estimated that 89 of profitable hedge funds trade swing-trades and almost none do day-trading. Join the elite club of the worlds finest and most sophisticated traders: Fits Any Lifestyle The best thing about the Elite Swing trader is that it fits your lifestyle perfectly If you have only an hour a day to devote to trading or wish to invest and maximize your potential, you will find that the Elite Swing Trader suits your needs and allows you to make big and consistent profits. Whether you are: A trader looking for a systematic method of trading successfully A newcomer that heard that Forex can be a very profitable business A experienced trader looking for his edge in the market A professional trader that looks for new trading tactics An institutional trading looking to diversify his portfolio The Elite Swing Trader will suit your lifestyle and allow you to combine this top-paying, high-profit strategy with your life This Secret is NOT Limited to Forex The trading methods you are about to learn are not limited to Forex. They provide you with superb profits in stocks, futures and bonds and any market. From the Nikkei index to the Nasdaq technology stocks, these professional swing tactics will allow you to beat the market and generate pro trades with ease. Here are a few of our recent trades: Are you aware that this is a one-of-a-kind system that could make you mind-blowing profits If you are tired of all the lousy robots that wreck and empty your trading account.. If you are tired of lagging systems that give LATE signals.. If you are tired of B. S. and fake promises.. Then you need Elite Swing Trader. Dont waste another dime on lousy robots, instead - take action now and start making REAL profits Trade Stress-free with MAXIMUM Confidence Daytrading is a very stressful endeavor. To succeed in it you need to take quick action, think fast and buy or sell at a split-second. Apart from being very hard to execute correctly this also causes high levls of stress as you risk big amounts of cash and can lose a lot of money VERY quickly. Swing trading is nothing like this. Each trade takes from several hours to days so your stress level is highly reduced. You dont need to take quick decisions and can take your time to analyze and reach thew correct decison. Your risk level is small, and the hit rate of swing trading is much higher. All this makes trading a lot easier, safer and less stressful. Most traders who do swing trading are also more confident in their system and therefore they avoid most mistakes of novice traders thate is caused by lack of confidence. Questions and Answers What do I need to start trading A computer and a Internet connection. Is Your System Automatic No. The Elite Swing Trader is a manual trading system. How much money do I need to start trading You can start with as little as 100. What is the Win Rate Our traders typically achieve a win rate of 80. How to Download the System You have a direct link to downloading the package in the thank you page. How Much Pips do You Make per Month Our traders and customers make on average 500-1000 pips per currency pair. Do You Offer support Of course. Our support team is here to provide you with quick and high-quality support. Our team will do anything to make sure you succeed with the Elite Swing Trader package. Can You Guarantee Profits By the law we cannot guarantee profits. We can only say that many traders are profiting with this system and if you execute it correctly there is no reason why you wont do the same. How much time I need to trade per day Because we trade on higher timeframes, you can make profits with as little as 10 minutes per day. If you want more profits, you can always trade more. After you start taking extremely profitable trades with the Elite Swing Trader your trading confidence will soar, trading will become a lot easier and efventually you will make much higher profits. Above all: You will be in total control of your life and financial goals. Stop being led by your boss, your surrroundings and having no control of your life. With the Elite Swing Trader you will finally be on the fast track to achieving immense wealth from trading and could reach your financial goals faster than ever But You Need to Act Now We are not here to sell, we are here to help you trade successfully. So unlike most vendors we wont dissappear right after you purchase. We are committed to your success and wish to give you the best customer support possible, so you could get instant answers to your questions and could trade with the guidance of professional traders. But to give such high level of support we must limit the amount of packages we sell. I dont know how many packages we will sell but when we reach a certain limit we will close down the site. We could probably sell a lot more. A great system like this would surely sell very well. but we wont be able to provide good and fast support for thousands of traders, so we have decided to limit and focus on quality, not quantity . If you want to join this elite club and finally trade your way to financial freedom without working for 10 hours a day, its action time. And its not expensive either. Mmost institutional strategies cost at least 5,000-10,000 to develop, and hedge fund strategies even more, with prices reaching up to hundreds of thousands. But we will not price our strategy this high. After all its our intention to bring this system to everyone so even the most beginner could take advantage of it and skyrocket his profits. You can trade and make unlimited profits with the Elite Swing Trader for the limited and discounted price of only 87 Thats the cost of an average night out. Can you afford skipping this opportunity and taking a night out, knowing that this system will change your life This Is the REAL Deal Your sYstem IS The REAL DEAL Ive already won back the cost of the Elite package in one quick trade. waiting anxiously for your next trading packages If you already see that this is a unique opportunity, dont hesitate and buy it now - we estimate that the packages will be sold very quickly, and when theyre gone - its over. For only 87 you will finally have your edge in the markets, so powerful your only problem will be spending your profits Start trading and living like a king trader with the Elite Swing Trader: Special Discounted Price: Only 147 87 To Your Trading Success, P. S. This is the most amazing trading course you will find, and frankly - I dont know how long I will keep selling it. So take action and order now P. S.S. Instead of pending money on another useless robot, spend your money on something that actually WORKS. U. S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risks. Sie müssen sich der Risiken bewusst sein und bereit sein, sie zu akzeptieren, um in die Futures - und Optionsmärkte zu investieren. Dont Handel mit Geld, das Sie nicht leisten können, zu verlieren. Dies ist weder eine Aufforderung noch ein Angebot für BuySell Futures oder Optionen. Es wird keine Vertretung gemacht, dass ein Konto eine Gewinne oder Verluste erzielen wird, die denen ähneln, die auf dieser Website diskutiert wurden. Die bisherige Wertentwicklung eines Handelssystems oder einer Methodik ist nicht unbedingt ein Hinweis auf zukünftige Ergebnisse. CFTC RULE 4.41 - HYPOTHETISCHE ODER SIMULIERTE LEISTUNGSERGEBNISSE HABEN BESTIMMTE EINSCHRÄNKUNGEN. UNTERNEHMEN EINE TATSÄCHLICHE LEISTUNGSAUFNAHME, ERFOLGREICHE ERGEBNISSE NICHT VERTRETEN AKTUELLES HANDEL. AUCH AUCH DIE HÄNDLER HABEN NICHT AUSGEFÜHRT WERDEN, DIE ERGEBNISSE KÖNNEN UNTER - ODER ODER ÜBERGANGSERKLÄRUNG FÜR DEN AUSWIRKUNGEN, WENN JEDOCH, BESTIMMTE MARKTFAKTOREN, WIE LICHT DER LIQUIDITÄT. SIMULIERTE HANDELSPROGRAMME IN ALLGEMEINEN SIND AUCH AUF DIE TATSACHE, DIE SIE MIT DEM BENEFIT VON HINDSIGHT ENTWICKELT WERDEN. KEINE REPRÄSENTATION IST GEMACHT, DASS JEDES KONTO WIRD ODER IST, WIE GEWINNEN ODER VERLUSTE ÄNDERN ZU DIESEM ANGEBOT ZU ERHÖHEN. Es wird keine Vertretung gemacht, dass ein Konto die Gewinne oder Verluste, die denen ähnlich sind, Tatsächlich gibt es häufig scharfe Unterschiede zwischen den hypothetischen Leistungsergebnissen und den tatsächlichen Ergebnissen, die später durch ein bestimmtes Handelsprogramm erreicht wurden. Der hypothetische Handel beinhaltet kein finanzielles Risiko, und kein hypothetischer Handelsrekord kann die Auswirkungen des finanziellen Risikos im eigentlichen Handel vollständig berücksichtigen. Alle Informationen auf dieser Website oder ein von dieser Website erworbenes E-Book sind nur für Bildungszwecke und sind nicht dazu bestimmt, finanzielle Beratung zu leisten. Any statements about profits or income, expressed or implied, does not represent a guarantee. Ihr tatsächlicher Handel kann zu Verlusten führen, da kein Handelssystem garantiert ist. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold Elite Swing Trader and any authorized distributors of this information harmless in any and all ways. The use of this system constitutes acceptance of my user agreement. This site and the products and services offered on this site are not associated, affiliated, endorsed, or sponsored by ClickSure or another other brand shown on this website nor have they been reviewed tested or certified by any of these brands. All trademarks, logos, and service marks displayed are registered andor unregistered Trademarks of their respective owners. Every effort has been made to accurately represent the product(s) sold through this website and their potential. Any claims made or examples given are believed to be accurate, however, should not be relied on in any way in making a decision whether or not to purchase. Any testimonials and examples used are exceptional results, dont apply to the average purchaser and are not intended to represent or guarantee that anyone will achieve the same or similar results. Each individuals success depends on his or her background, dedication, desire and motivation as well as other factors not always known and sometimes beyond control. There is no guarantee you will duplicate the results stated here. You recognize any business endeavour has inherent risk for loss of capital. By ordering the this product or any related productsservices, you agree to all listed on this website and on ClickSure In some cases actors have been used. This is a new system and there are no typical results. This product does not guarantee income or success, and examples of the product owners and other persons results do not represent an indication of future success or earnings.
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