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Notes About Improving Your Trading Results

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Notes About Improving Your Trading Results

Today we are going to provide you with the most important notes to help improve your trading results. Let’s get right to it and help you win some trades.

Trading Results

Even Pros Struggled in the Beginning

One of the things that you need to keep in mind as a beginner trader is the fact that you are going to suffer losses, especially in the beginning. The process of improving your trading results is a long and hard journey. Now, we are not saying that you might lose a trade every now and again.

Actually, what we are saying is that in the beginning, you’re very likely to suffer heavy and consistent losses. The simple reality is that as a beginner trader, you are going to make lots of mistakes that will lead to big losses. In case this hasn’t happened to you yet, don’t lose faith, because you will end up losing a whole lot of trades in the beginning.

That said if so many people suffered heavy and consistent losses in the beginning, then how do they become profitable traders? How do you go from losing so many traits to being a great trader without giving up in the meantime?

Well, one of the things that many people do to improve their trading results is to start by demo trading. You can use demo trading accounts to trade in real live market conditions without actually risking real money. This will allow you to practice your trading skills until you feel confident enough to start using real money.

However, just be weary of demo accounts because they don’t come with any risk. Many newbie traders looking to improve their trading results will trade irrationally and take on way too much risk in demo accounts. This doesn’t properly prepare them for real live trading with real money. Get away from those demo accounts once you feel confident enough to start trading with real money.

The trick here is that even if you just have $1000, you want to treat it as though it was a much larger sum, as if though it were $100,000. You will improve your trading results via practice, and as you go, you can add more money to your account.

The fact of the matter here is that risk management is very important, so you don’t want to invest too much money for trade. If you treat your trading account like a business, then it’s going to reduce your risk of suffering from heavy losses. Just don’t lose faith if you suffer from consistent losses because you will be able to improve your training results and things will get better.

CLICK ON IMAGE TO GET FOREX SIGNALS

Best Forex Signals for Trading Results

Know Everything About a Trade Before You Place it

In terms of improving your trading results, there are three things that you should always know before you enter a trade. You want to know how to exit a trade when you were wrong about it. You also need to know how to exit a trade when you were right. Moreover, you need to know what your trading criteria are, and when to enter a trade when those criteria are met.

If you have answers to all three of those questions, then improving your failing results should not be a problem period however, if you don’t know the answers to all three of those questions, then you’re going to be in some pretty big trouble. These are not questions that you want to be in the process of answering as you are in the middle of trades.

The simple reality is that beginner traders often know when to enter a trade, but not when to exit it. For this reason, many traders become investors, because they don’t have to exit trades. The bottom line here is that you need to know what your criteria to enter trades are, and you need to know how to exit them, both when you are wrong and when you are right.

In order to get good at entering and exiting trades, so you can improve your trading results, we definitely recommend doing some comprehensive research on proven trading strategies. Moreover, to improve your trading results, having an actual education for trading is ideal. With a good trading education, you can learn about the best trading strategies out there, and this will help improve your trading results.

Manage Your Trades & Your Trading Account

In order to improve your trading results, yes, managing your trades is important, but that’s not the only thing you need to manage. You also need to manage your trading account. Money management and managing a trading account is one of the most important aspects that will lead you to improving your trading results.

Moreover exactly how you manage your account and your money really depends on your exact circumstances. Things often change, and you therefore need to be able to adapt and improvise. Of course, managing your risk levels when you only have $100 to spare is much different than when you have $10,000 to spare. What you need to know here to improve your trading results is that there are three main ways to help manage your trading account and your risk levels.

  1. As a rule of thumb, you never want to risk more than 1% of your trading capital on a single trade. Remember that you do need to adapt. If you are doing really well, but you can risk as much as 3% of your trading capital onto single trade. However if you are not doing well, then only risk is 0.5% of your capital on a trade.

  1. You also want to pay attention to how many trades you have open at once. Improving your trading results is not easily done when you have too much to keep track of. If you are doing day trading, which means that you have to pay close attention to your trades, having more than three or five trades open at once is not going to be easy. However, if your trades are very long term and will be open for weeks or even months, then you can have 15 or 20 open at the same time.

  1. The other thing to keep in mind here is that when you have a drawdown of over 40%, that you do want to take a step back and assess the situation. If you lose more than 40% of your overall trading capital due to heavy and consistent losses, you need to stop trading totally, take a step back and reevaluate your trading strategies.

Improving Your Trading Results – Final Thoughts

The final thing to take note of here in terms of improving your trading results is the fact that if you have lasted for a full year, then you are successful period now, this is true whether you have been winning consistently or suffering from losses.

The fact of the matter is that if you have not lost all of your trading capital yet, and you are still going strong, and even if you have been suffering losses, you can still be considered successful.

The reality here is that most traders fail in the first few months and give up delete. Within post therefore, if you had not totally given up and you still have money left after a year of trading, it is a sign that you are doing something right. If you have not given up after a year of trading, then you are on your way to success.

The other thought that we want to leave you with today is the fact that having a vivid trading education is essential. Simply put, improving your trading results is much easier when you actually know all about trading strategies, indicators, and much more.

CLICK BELOW TO JOIN INCOME MENTOR BOX AND START MAKING REAL PROFITS! 

For more trading tips, strategies, methods, and everything in between, check out Andrew’s Trading Channel. Here you will find the world’s best stock market trading school, a trusted day trading school, state of the art indicators and trading tools, Forex and crypto signals groups, and more! 

Why I Loved Stock Trading Mentor Box

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Why I Loved Stock Trading Mentor Box

Hello everybody, my name is William Robinson, and I want to tell you exactly why I loved Stock Trading Mentor Box. For those of you who don’t know, stock trading mentor box is one of the most popular stock market trading schools in the world.

However, before I tell you exactly why I loved this stock trading school so much, I do want to tell you the beginning of my story. I used to be a personal trainer working at a local gym. I would work about 70 hours per week and make close to $40,000 per year. The pay certainly wasn’t great, and the hours were very long too.

They have four children, all of which are getting to that age where they are going to university and two secondary learning. This all gets very expensive, and unfortunately, my salary from being a professional trainer just wasn’t cutting it. For this reason, I decided to become a professional stock market trader.

However, at first, things didn’t work out. I actually took two different stock market trading schools, and they were both extremely lackluster. I wasted thousands of dollars on trading courses that really didn’t eat too much at all. However, I then came across Stock Trading Mentor Box, and this is when my path to success really started.

HELLO, I AM WILLIAM ROBINSON 

Stock Trading Mentor Box

Why I Loved Stock Trading Mentor Box

There are six main reasons as to why I really loved Stock Trading Mentor Box. These are all reasons that I would provide if someone were to ask me what is the best trading school for them to join. Well, the following reasons are exactly why a stock trading mentor box is my personal favorite stock market trading school of all time.

Do remember that I had already taken two other stock market trading courses before, and both of them fell severely short of my expectations and needs. Stock Trading Mentor Box is the first and only stock market trading school that has met all of my needs and has actually provided me with the confidence I need to be a self-reliant stock market trader.

 

There Were No Time Limits

One of the things that really stood out to me about Stock Trading Mentor Box is that there were absolutely no time limits in terms of how long I could take to finish the course.

The other trading courses I had taken before had time limits to them, and this meant that I had to rush through the material. Of course, having to rush through the material is not ideal in terms of actually being able to learn.

The great thing about stock trading mentor box is that once I was a member, I had lifetime, full, and unlimited access to all course content. There were absolutely no time limits to speak of, and being able to learn on my own time and at my own pace was very beneficial.

It is 100% Online

Something else that attracted me to Stock Trading Mentor Box initially was that it is all 100% online. Remember that I have four children and a wife, which means that I am a generally busy person. At this time, I was also still working as a personal trainer and I was working full time hours.

Therefore, it was really convenient that I didn’t have to go to a classroom setting, especially now during coronavirus times, in order to learn stock market trading.

I could get up early on the weekend before my kids were awake, and take a few of the lessons before my kids woke up. The fact of the matter is that being able to learn from the comfort of my own home whenever I felt like it was extremely beneficial and useful to me.

The Teacher is Awesome

Another thing that initially attracted me to Stock Trading Mentor Box was the teacher himself, Andrew. I had already seen Andrew on Andrew trading channel, is YouTube trading channel that features literally thousands of trading guides. I watched a few of his videos and I really liked what I saw.

Andrew is a very down to earth person who is easy to communicate with. He also has this teaching style back is ideal for newbies. He has this way of explaining even the most difficult of market concepts in ways that are easy to grasp. Not only is he a great teacher, but of course, he is also a fantastic traitor.

He’s a really well versed stock market trader, forex trader, cryptocurrency trader, and more. He displays all of these skills in all of his lessons, and he actually makes learning how to trade the stock market quite fun in terms of all of the stock market trading courses I have ever taken, Andrew is by far my favorite teacher of all time.

The Course is Comprehensive

One of my favorite aspects of sStock Trading Mentor Box is the fact that it is a fully comprehensive course that taught me literally everything I needed to know to become a professional, profitable, and self-reliant stock market trader. The other stock market trading courses that I had taken before only had a dozen lessons, with one of them having 20 lessons.

Well, stock trading mentor boxes over 50 full length lessons. Each of these lessons is around 20 minutes in length, each lesson covers a separate topic, and each lesson goes into great detail. It starts off with the simple things, and then slowly progresses up to the more complex aspects of trading.

Whether we are talking about trading mentality, psychology, concepts, terms, trading strategies, indicators, charting solutions, trading platforms, and much more, I learned literally all of the skills that I now know, the skills that have made me a profitable and successful stock market trader.

Stock Trading Mentor Box

It Was Really Easy to Follow

What also struck me about Stock Trading Mentor Box is the fact that it was all really easy to follow. For one, each of the individual lessons is very well detailed. Andrew doesn’t excellent job at verbally explaining all of these terms and concepts.

He then also backs everything up with visual aids, and even trades live on video to show you exactly how to do what needs to be done in order to make money. There is also the fact that the course curriculum is very well structured.

Unlike other courses I’ve taken that jump back and forth from one thing to another, stock trading mentor bonds is very well organized. Each of the lessons acts as a stepping stone to the next lesson, and it is really easy to build upon each lesson. the bottom line is that I’ve never had such an easy time learning how to trade then with Stock Trading Mentor Box.

It Came with a Functional Trading Indicator

The other thing worth noting about Stock Trading Mentor Box is that it also came with a free indicator included with my membership. This indicator is known as the ultimate profit scalping indicator, or the UPSI for short.

Stock Trading Mentor Box

This is a state of the art trading indicator that is designed to produce short term profits, and little valuable about 90% of the time. I use this particular trading indicator all of the time to place trades without really having to do any research or hard work, and it’s my main money making tool at this time.

CLICK ON IMAGE TO GET THE ULTIMATE PROFIT SCALPING INDICATOR

Life After Learning from Stock Trading Mentor Box

The bottom line here is that send to Stock Trading Mentor Box I am now a profitable and self-reliant trader who has the ability to make money all on his own.

Instead of working 70 hours per week training people at the gym for around $40,000 per year, I am now working about 30 hours per week trading from home and making closer to $100,000 per year. I now have the ability to put all four of my kids through university, to support my wife, and to spend time find money on the hobbies that I love.

For anyone who wants to learn how to trade the stock market, who wants to learn all of the tools and skills they need to be successful, and wants an awesome teacher to help them along the way, then I would definitely recommend checking out Stock Trading Mentor Box.

CLICK BELOW TO JOIN STOCK TRADING MENTOR BOX

For more trading tips, strategies, methods, and everything in between, check out Andrew’s Trading Channel. Here you will find the world’s best stock market trading school, a trusted day trading school, state of the art indicators and trading tools, Forex and crypto signals groups, and more! 

What I Liked About Income Mentor Box

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What I Liked About Income Mentor Box

Hello everybody, my name is Bobby Roberts, and I am here to tell you how I became a profitable trader period now, to be exact, I learned how to trade using the Income Mentor Box day trading Academy. This is rated as one of the best trading schools in the world at this time. Now, there is a lot of false information out there, but I want to clear things up for you just a little bit.

Before I was a professional trader, I was a taxi cab driver. Being a taxi cab driver doesn’t mean that you meet a whole lot of cool people, but you also meet bad people too. There’s also the fact that driving a taxicab is very hard work that loves long hours and minimal pay period for this reason, I wanted to learn how to become a profitable market trader.

I did some research and came across the Income Mentor Box day trading Academy. For all of you out there who think that learning how to trade the market is nearly impossible, and will take years to do, I am here to tell you that this is not the case. This is especially so if you use an awesome trading school such as Income Mentor Box. Right now, I want to tell you exactly what I liked about Income Mentor Box and how it helped me become a profitable trader.

Hello, I’m Bobby Roberts

Income Mentor Box

What I Liked About Income Mentor Box

There are six specific things that I really liked about the Income Mentor Box day trading Academy. Let me tell you all about these six awesome benefits right now.

I Was Able to Learn From Home

One of the things that I really liked about Income Mentor Box is the fact that I was able to learn from home. Now, during the coronavirus pandemic, being able to learn from home is of course extremely important.

I had actually wanted to join a trading course in a real classroom setting, but that got cancelled due to the coronavirus pandemic.

Therefore, I wanted to take an online trading school, and there it was, Income Mentor Box. The fact that I was able to learn how to trade the markets from the comfort of my own home was one of the biggest benefits of all.

 

I Was Able to Learn on My Own Time

Another thing that really stood out about the Income Mentor Box day trading Academy was that I was able to learn on my own time. Unlike many other trading courses out there, there was no time limit or sets time in terms of how long they had to take the lessons. There were also no time limits in terms of lessons and tests.

Some people take two weeks to complete the course whereas others take two months or even longer period the bottom line is that when you join the Income Mentor Box day trading Academy, you can take as much time as you like.

Moreover, you also have full and unlimited access to all course content. I did have some trouble with a couple of lessons, but I was able to take them as many times over as I wanted. Being able to learn on my own time and to take as long as I wanted to learn how to trade was a very big deal to me.

 

The Curriculum Was Super Comprehensive

Standout features of the Income Mentor Box day trading Academy was that the curriculum was about as comprehensive as humanly possible. I had taken some other trading courses previously, but they really didn’t teach me all that much. Here, with the IMB day trading Academy, there were well over 50 full length and super comprehensive lessons.

 Each of the lessons was about 20 minutes long, and each of the topics covered was covered in great detail. The bottom line is that I have never seen such a comprehensive trading course out there. When I say that it taught me literally everything that I needed to know in order to be a profitable trader, I am not kidding.

When it comes to the Income Mentor Box day trading Academy, it is one of the most full, comprehensive, and useful trading courses on the Internet at this time. It provides you with all of the relevant skills and tools that you need to become a profitable trader.

The Course is Easy to Follow

Not only is the Income Mentor Box day trading Academy very comprehensive, but also very easy to follow along with period remember, this course is made for newbies. When I first started trading, I had no idea what I was doing. It was all quite scary and intimidating.

However, this particular trading course made it seem much easier and less intimidating. A part of the reason for this is because all of the lessons were designed in such a way to make them really easy to follow along with period they weren’t complicated at all, yet still conveyed all of their necessary information I needed to become a profitable trader.

I was really worried that I wouldn’t understand a lot of the material, but the teacher has a way of explaining this stuff in a way that is really easy to understand. If you are a newbie who has absolutely no experience in trading, I would definitely recommend Income Mentor Box.

 

The Teacher is First Class

Yet another thing that I really liked about Income Mentor Box is the fact that the teacher himself, Andrew, is a really down to earth person. I didn’t think that learning how to trade with in any way be fun or enjoyable, but Andrew actually made it so.

He has this really approachable manner and he is really easy to talk to. He actually answers questions when I asked, and he responded to emails in a reasonable amount of time. He also has this way of making sure that you know that trading is not a foolproof way to make money, but he also provides you with the tips that you need to actually do so.

The bottom line is that in terms of teachers that I’ve had throughout my life, Andrew is definitely one of my favorites. There’s also the fact that he has some humor and he is willing to make a joke when called for.

 

 

It Comes with a Forex Signals Service

The other thing that I really enjoyed about the Income Mentor Box day trading Academy is the fact that it came complete with a Forex signal service, one that I still use to this day. This forex signal service provides me with up to a dozen forex signals per day.

Income Mentor Box

They all come complete with entry points and exit points, so it’s literally just a copy and paste job. I just have to copy and paste these signals into my broker or trading platform of choice, and watch as the profits roll in period up until now, the accuracy or profit rate there has been around 90%. This means that using these Income Mentor Box forex signals, I am actually still winning the majority of the trades that I place.

 

CLICK ON IMAGE TO GET FOREX SIGNALS

Best Forex Signals

 

The IMB Day Trading Academy Helped Me Achieve Success

The bottom line here is that thanks to the Income Mentor Box day trading Academy, I have now been a profitable trader for well over the last six months. In terms of my profits, I’m making around $10,000 per month trading both Forex and the stock market. I would not have the necessary skills or confidence that I need to be this successful if it were not for the Income Mentor Box day trading Academy.

CLICK BELOW TO JOIN INCOME MENTOR BOX AND START MAKING REAL PROFITS! 

For more trading tips, strategies, methods, and everything in between, check out Andrew’s Trading Channel. Here you will find the world’s best stock market trading school, a trusted day trading school, state of the art indicators and trading tools, Forex and crypto signals groups, and more! 

My Success with Ultimate Profit Scalping Indicator

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My Success with Ultimate Profit Scalping Indicator

Hello everybody, my name is Carol Brown, and I want to talk about how I used the Ultimate Profit Scalping Indicator to become a profitable market trader. Now, let me tell you that my life wasn’t always cotton candy, rainbows, and winning trades. I want to start this story from the beginning.

Ultimate Profit Scalping Indicator

Life Before Being a Profitable Market Trader

I just want to start off by talking about what my life was like before I started trading the market, particularly using the Ultimate Profit Scalping Indicator. Before I was a fulltime trader, I was a pen keeper at my local zoo. I worked as a zookeeper and manager for over 15 years.

My responsibilities included feeding the animals, looking after their health, cleaning their enclosures, and yes, shoveling their waste too. Let me tell you that shoveling the feces created by 4 elephants on a daily basis is not my idea of fun. In all reality, I had a very difficult and smelly job, one that had me working upwards of 12 hours per day, 6 days per week. Working sometimes nearly 80 hours per week left me totally exhausted.

Moreover, I’d get home just to have my husband and kids tell me that I smell like the backside of a giraffe. Who would have guessed that spending the majority of my time in a zoo would have me smelling like a wild animal?!? Anyway, I could have dealt with the smell and the long hours, well kind of, but that said, it’s not like the pay was astronomical. Sure, I was making an alright living, but I wasn’t making a fortune.

Consider the fact that I have a husband on disability who is unable to work, as well as two kids who were at the time just getting to the age where I would have to pay for their post-secondary education. I was working way too long hours for way too little money, I always smelled like animals, and I wasn’t spending nearly enough time with my family either. For this reason, I decided that it was time to change things up. I wanted to work less, make more money, and spend more time with my kids.

At the time, my sister was a profitable trader. She specialized in trading currencies, the stock market, and cryptocurrencies. She was making about a quarter of a million dollars per year. She tried convincing me to become a trader for many years, but I always refused, that is until I had finally had enough of working at the zoo.

Without getting too deep into it, on a faithful summer day, I watched one of the lions nearly kill one of the other zookeepers. It was at this moment that I decided that enough was enough. I was now going to become a trader.

My First Attempt at Trading the Markets

Ok, so let me tell you that my first attempt at trading the market didn’t go to plan. On a side note, I made the massive mistake of quitting my job too early. Therefore, once I had quit my job and started trading, I had to get good at it, and fast.

The issue is of course that market trading is not easy, quite the opposite. It’s hard as hell, and I just wasn’t prepared. I went into it without knowing a single thing about trading, and I invested way too much cash as well.

Also, I tried trading crypto, Forex, and stocks all at the same time, which just added to the confusion. I ended up blowing through about $6,000 of savings in two weeks flat. I had divided the funds up into equal portions for all three markets I was trading, and it did not go well. Yeah, I was using some half-baked trading strategy with charts and indicators that I understood about as well as quantum physics.

Surprisingly enough, I managed to win a few trades, but not nearly enough. I was now out $6,000, and at this point, I had become worried about the financial wellbeing of myself and my family. Putting two kids through university is not cheap by any means. I was super desperate at this point and needed some tools that could help me make quick money, and this is when by total accident, I discovered the Ultimate Profit Scalping Indicator.

 

When I Discovered the Ultimate Profit Scalping Indicator

At first, I was very hesitant at paying money for some indicator that I knew nothing about. However, in fact, my sister the pro trader was also using the UPSI or ultimate profit scalping indicator to trade. Now, remember that she is a long time professional who makes an amazing living doing trading.

So, when she told me that the Ultimate Profit Scalping Indicator was the real deal, I had no choice but to believe her.

So, I paid the $299 that it costs to purchase the indicator. Yeah, it’s a good chunk of change, but that said, once I had purchased it, it was mine for life. I’m still using the UPSI today, and I only ever had to make that single payment over a year ago.

So, let me just tell you what this Ultimate Profit Scalping Indicator is all about, how it works, what it did for me, and why I like it so much. Folks, I’m not kidding when I say that this is one of the best trading tools I have ever used. There is a reason why I am writing about it, because it’s simply awesome.

Ultimate Profit Scalping Indicator

  • What’s really cool about this particular indicator is that it is designed for short term profits. I always hated the idea of waiting for days or weeks to make profits. The Ultimate Profit Scalping Indicator solves this issue without question. Scalping in trading is of course all about short term profits. Thanks to the UPSI, none of my trades were open for longer than a day, sometimes for just 4 hours or even just 1 hour. Quick profits is the name of the game.

  • Something else that stands out about the Ultimate Profit Scalping Indicator is that it can be used on any chart on tradingview.com. Tradingview offers 100% free charts of all types, for all markets, and on all timeframes. This means that I don’t have to spend any more money to trade. Simply attach the UPSI to any chart on Tradingview and get going.

  • What also stands out about this indicator is that it is super easy to use. Folks, remember that at this point, I was still a newbie trader and I really didn’t know what I was doing. However, using the included instructions and a bit of common sense, I was able to figure out how to use the UPSI in less than a day.

  • In terms of how it works, the Ultimate Profit Scalping Indicator provides me with awesome buy and sell signals that are super accurate. All I have to do is to wait for good entry points to appear, and then place my trades. In terms of being user friendly and newbie friendly, the Ultimate Profit Scalping Indicator is definitely one of my favorite tools out there.

Ultimate Profit Scalping Indicator

  • The other really cool thing about the Ultimate Profit Scalping Indicator is that it can be used for any market. I use it to trade cryptocurrencies, Forex, and the stock market. Being so versatile is another bonus no doubt.

 

  • Using the UPSI, depending on how much I trade and invest per trade, I can make anywhere from $200 to $1,500 per day. It is also worth noting that the accuracy rate of this indicator is very high. I’m winning anywhere from 70% to 90% of the trades that I place using the Ultimate Profit Scalping Indicator.

 

Being a Successful Trader Thanks to the UPSI & The Stock Market Trading Course

Ok, so when I said that I paid $299 for the UPSI, I was not 100% honest. I actually paid $399, and the reason for it is because I bought the package deal that also came with the Stock Trading Mentor Box stock market trading course.

CLICK ON IMAGE TO GET THE ULTIMATE PROFIT SCALPING INDICATOR

Remember that I said that I was a trading newbie. However, I didn’t want to remain ignorant to the ways of the market, which is why instead of getting the indicator alone, I also joined the trading course. Besides using the UPSI, this is one of the best decisions I have ever made.

I don’t want to go into too much detail, but Stock Trading Mentor Box was a super easy trading course to understand. It came complete with over 50 full length trading lessons, all of which came in an easy to following along video format. All of the lessons are taught by a great teacher who makes learning easy. By the end of the course, I had started considering myself a pro trader.

CLICK TO GET UPSI & THE STOCK MARKET TRADING ACADEMY

This was thanks to bot the UPSI and the trading course. At this point, between my own trading skills that I learned from Stock Trading Mentor Box, and the signals I get from the Ultimate Profit Scalping Indicator, I am making a great living.

I am now making up to $20,000 per month. I have more than enough money to support my whole family and to have fun. I also have enough time to actually spend with my family. Trading from home and making great money is so much better than shoveling elephant dung for a living!

 

For more trading tips, strategies, methods, and everything in between, check out Andrew’s Trading Channel. Here you will find the world’s best stock market trading school, a trusted day trading school, state of the art indicators and trading tools, Forex and crypto signals groups, and more! 

How I’m Trading Crypto Profitably

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How I’m Trading Crypto Profitably

Hello everybody, my names is James Gagnon, and I’m now trading crypto profitably. Of course, Bitcoin and other cryptocurrencies provide great profit opportunities. With that being said, trading crypto is not easy, something that I unfortunately had to learn the hard way. I knew that there was great money to be made in the world of cryptocurrencies. However, I just didn’t know what I was doing.

Today, I want to tell you the story of how I learned to trade crypto profitably. I also want to talk about an awesome tool that I started using that makes trading crypto profitably very easy, nearly foolproof in fact. Now, I do want to start this story of my cryptocurrency trading journey from the beginning, so let me get to it.

The year was 2018, and Bitcoin was all the rage. I saw so many of my friends making tens of thousands of dollars by trading and investing in Bitcoin, as well as many other cryptocurrencies too. Now, I had four friends who were trading, and they were all quite profitable. They all kept telling me that I should try my hand at it, and that it was super easy.

Hey, I’m James Gagnon

Crypto Trading Box Trading Crypto Profitably

I figured that I would give cryptocurrency trading a shot. For the record, I am now a 40 year old man, who until a few years ago was a full time sanitization expert. For those of you who don’t know, where I live here in Canada, a sanitization expert is a garbage man. Yes, I drove from home to home collecting people’s garbage. Needless to say, it was not a glorious living.

Sure, the pay was decent, but it was really hard work, not to mention that I permanently smelled like old trash. I wanted something better for myself, and for my kids too.

 Sending three kids to university on a “sanitization expert” salary was not really feasible. I wanted to start trading crypto profitably and start making real money that I could support myself and my children with. So, in late 2018, I started my journey into the world of cryptocurrency trading.

Trading Crypto Profitably

My First Crypto Trading Experience

So, near the end of 2018, I started my journey of trading cryptocurrencies. I thought that trading crypto profitably would be super easy. All I would have to do is go read the news to see which cryptocurrencies were rising in value, and then place some easy trades.

Well, how wrong I was. During my first week of crypto trading, I placed about 3 trades per day for 5 days, for a total of 15 trades. I won one single trade out of all 15. Yes, I lost 14 out of 15 trades.

Moreover, that one trade I managed to win, well that was sheer dumb luck, and I only made a few bucks. In the grand scheme of things, from just five days of trading, I was out nearly $5,000. Yeah, I had just flushed $5,000 straight down the toilet. Needless to say, I was not happy.

Crypto Trading Box

I did some research into how I could make easy money trading cryptocurrencies without really knowing what I was doing. After all, I wanted to make money now. I just didn’t have the time to spend months or even years going through a learning process.

I had a few people tell me about signals services. Without getting too deep into it, this is a service that spoon feeds you the information you need to make profitable trades. Well, at least they are supposed to be profitable. So, to help me with trading crypto profitably, I figured I would join a signals service. Let’s talk about how that went.

My First Cryptocurrency Signals Group

So, I did some looking around, but I was pretty hasty and impatient, so I more or less joined the first cryptocurrency signals provider that I found. It seemed legit enough in the beginning. The website certainly looked convincing.

Moreover, the man in charge of it all certainly talked a big game too. Yes, I was naïve no doubt, but I fell for this man’s empty words, and I proceeded to pay upwards of $1,000 for just 3 months of membership into this signals service, which unfortunately has to remain unnamed. Sorry folks, I don’t want to anger the wrong people here, so I can’t mention this lousy crypto signals service by name.

Now, what I can say is that this signals service promised to deliver 10 signals per day with 100% accuracy. Well, for the first two weeks, I only got 2 or 3 signals per day. To my honest surprise, none of them were accurate. I tried using this service for about a week, and I didn’t win a single trade with the provided crypto signals.

Yeah, it was pretty bad. Not only were the signals just plain false (I think whoever was putting the signals together was just coming up with them out of thin air), but also impossible to understand.

Trading Crypto Profitably

Even though a signals service is supposed to make trading much easier, for some reason, using this service seemed to be about as difficult as learning astrophysics. I just wasn’t happy. Not only were the signals downright terrible, but I also wasn’t learning trading crypto profitably either. I did actually want to learn what I was doing so I could become self-reliant.

So, at this point I was down more than $10,000, and I was mad, really mad. I was ready to throw in the towel and to just call it quits. However, I was never one to just give up like that, even after losing such an astronomical amount of money. For this reason, I did some in-depth research. Thanks to my never-say-die attitude, I managed to find what would turn out to be my lifesaver, Crypto Trading Box. Let me tell you want Crypto Trading Box was able to do for me in terms of trading crypto profitably.

 

Trading Crypto Profitably with Crypto Trading Box 

When it comes to trading crypto profitably and Crypto Trading Box, there are two main things that I want to talk about. First, there is the Crypto Trading Box signals service, one that actually worked, and then there is the education side of things.

You see, one of the reasons why I joined Crypto Trading Box was because it’s not only a signals provider for easy trading, but there is also an educational component. Yes, copy and pasting signals is fine, especially to make a few quick bucks here and there.

However, I didn’t want to have to fully rely on the signals to trade. I wanted to learn about cryptocurrencies and trading them, so I could become self-reliant and do it on my own successfully without the need for outside assistance. This is where Crypto Trading Box came into play, because I started trading crypto profitably right away after joining it.

Crypto Trading Box

I was honestly too lazy to learn about crypto trading at first, so I just used the signals. Folks, these signals were totally foolproof. I just had to join the Crypto Trading Box group in the Telegram messenger app. Once I did that, I started getting up to a dozen crypto signals every day, usually between 8 and 10, but sometimes as many as 12. I started trading with these signals.

Of course, I was hesitant, so I started small. Well, on my first day, I won 4 of the 5 trades I placed with the Crypto Trading Box signals. I kept investing more per trade, and opening more trades per day too. By the end of the second week, I was placing up to 10 trades per day, and typically winning 8 or 9 of those 10 trades.

When I saw that Crypto Trading Box advertised a signal accuracy rate of 80% to 95%, I was skeptical to say the least. However, after a few weeks of trading, I was convinced that it was the real deal. By the end of three weeks, I had made back all of the money that I had lost trading cryptocurrencies up to this point. Between the lost trades and the first signals group I joined, that was more than $15,000. So, thanks to Crypto Trading Box, I was now trading crypto profitably.

Trading Crypto Profitably

The signals were indeed super accurate, and easy to understand too. I just opened up an online broker account, started copy and pasting those signals into my broker, clicking on trade, and watching as the profits accumulated. For the low price that it cost me to join Crypto Trading Box, needless to say, I was super pleased. I was now making at least $2,500 per week trading crypto profitably.

However, trading crypto profitably was not enough for me. I didn’t just want to rely on someone else’s signals to trade successfully. I wanted to be able to trade on my own, using my own knowledge and skills. This is when I decided to take part in the educational aspect of Crypto Trading Box. It was a great choice indeed.

The cryptocurrency trading course that came included with my membership was very effective at providing me with all of the skills I needed to make money trading crypto profitably. It was a relatively short course. However, just because it was short didn’t mean that the education wasn’t value. The education provided by Crypto Trading Box was comprehensive yet concise. It took me just about two weeks to work my way through the lessons.

Crypto Trading Box

What’s also really cool is that the group admins also provide daily level two news updates. So, once I had learned about crypto trading, I was then able to put this crypto news to use. This fundamental analysis was something I learned thanks to Crypto Trading Box. The admins even provide daily trading strategies and more. I even got info about participating in premium pumps and dumps that allowed me to make fast money.

My Life Now – Trading Crypto Profitably

I am now indeed trading crypto profitable, and it’s all thanks to Crypto Trading Box. Between the signals group and the education I received, trading crypto profitably is more or less guaranteed as far as I am concerned. Sure, I still have losing trades, and even some days where I lose money in general.

However, in the grand scheme of things, I am now a winning trader. I can make anywhere from $4,000 to $10,000 monthly trading cryptocurrencies. That is way more than I ever made cleaning up other people’s trash. Thanks to Crypto Trading Box, I was able to quit my job as a sanitization expert and become a full time trader.

Well, to be fair, I only work part time hours, but make more money than when I was working full time hours before. It is really awesome, and now I don’t have to worry about not having enough money to put all three of my kids through school. Thank you Crypto Trading Box. Because of this awesome service, I am now living my best life.

 

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For more trading tips, strategies, methods, and everything in between, check out Andrew’s Trading Channel. Here you will find the world’s best stock market trading school, a trusted day trading school, state of the art indicators and trading tools, Forex and crypto signals groups, and more! 

The Price Action Trading Guide

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The Price Action Trading Guide

When it comes to trading, price action trading is extremely important for you to know. This type of technical analysis trading can be extremely beneficial in terms of making profits.

Sure, price action trading is about engulfing patterns and trading pin bars, but also about reading market sentiment, identifying areas of value, and trading using the path of least resistance. Moreover, price action trading is all about which indicators are the best ones to use.

What we are here to do today is to provide you with a great price action trading guide. We’ve got a myriad of price action trading tips for you to follow in order to be successful.

Price Action

Don’t Stray from the Moving Average

What you need to know is that trending markets usually revert back towards the moving average. When a trend is very strong, the market tends to revert to the 20 moving average. When a trend is moderate, it reverts to the 100 moving average.

If a trend is weak, it will revert to a 200 moving average. The biggest mistake you can make is to start a trade when the market is moving up far away from the moving average.

Moreover, you need to know what the moving average is that is currently being respected by the markets. Keep in mind that when a market is trending strongly, the value of the moving average is lower, and in a weak trending market, the value of the moving average is higher.

Using Support and Resistance Matters

Next important tip when it comes to price action trading is that support and resistance goes a long way in helping you to identify areas of value that you can trade from. Of course, you want to sell high and buy low, but how do you identify what is high and what is low.

Well, support and resistance helps you do just this, because support is an area on the chart when you are looking to buy low, in resistance is an area when you are looking to sell high.

What you also need to pay attention to is dynamic support and resistance which is when support and resistance moves along with the price you usually get dynamic resistance in a downtrend and dynamic support in an uptrend.

You can use moving averages to identify these. Keep in mind that if a market is trending very strongly, a price may not pull back towards the horizontal support and resistance, but back towards dynamic support and resistance.

What is also important to note is that trading support and resistance gives you a very favorable risk to reward ratio. Support and resistance definitely matters in price action trading.

Keep in mind that when you enter a trade in the middle of a range, you never get a favorable risk to reward ratio. However, if you use support and resistance areas to enter trades, it greatly increases your risk to reward ratio.

Longer Ranges Mean Harder Trends

What you need to know here is that when a range expands, the market is sending you a clear signal that it will move in the direction of that expansion.

Traders all around the world can see one arrange is expanding, and many will queue up too short the resistance, while some will trade the breakout.

However, if the price trades above the resistance, shorts will get squeezed, and breakout traders will then hop on that same bandwagon. The point here is that you want to wait for a fairly long time to capture big market moves. This is one of the most important things that you need to know when it comes to price action trading.

Pay Attention to Narrow Range Candles

you now know that the longer a price range is the bigger the trend will be. You can now take this concept one step further and apply it to candle stick patterns. What you want to lookout for a narrow candle ranges.

When there are narrow range candles, you can expect big explosive movements to happen. This is why you always want to pay attention to narrow range candles, because they signify that a big move is about to happen.

Pay Attention to Wide Range Candles Too

You do also want to pay attention to wide range candles, which are formed when there is an imbalance of selling and buying pressure. When you see wide range candles, it generally means that there is hidden support and resistance present. Just keep in mind that you don’t want to use wide range candles alone to trade, but in conjunction with other technical tools.

If You are Trapped, Look for False Breakouts

For those of you who don’t know, false breakout happens when a price breaks either support or resistance, but to only close back in the same range. This is a great time to enter a trade, because you can take advantage of traders who are trapped.

What you want to do is to short the false breakout. You are expecting the trapped traders to cut their trade, which will then further fuel price decline. If you short this break out, it means that you will greatly profit.

Trade with the Trend

You don’t want to become so obsessed with seeing minor market swings that you miss the major price movements. One of the biggest rules here when it comes to price action trading is that you always want to trade with the trend.

Trading against a trend is not the way to go. When you trade with a trend it greatly improves your profit potential. Of course, this means that you first need to know how to define a trend.

Continuing Patterns and Trending Markets

Continuing or continuation patterns are chart patterns like pennants, triangles, and flags. One of the biggest mistakes that you can make is to trade any of these patterns in a range market. These patterns are best traded in a trending market.

Identifying the End of a Trend

For price action trading, the other important thing that you need to know how to do is to tell when a trend is ending.

What you are looking for here is when a respected moving average is broken, if a trend line is broken, or if the structure is broken. If all three happen at once, you can rest assured that a trend is ending.

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Price Action Trading Tips – Final Thoughts

If you follow the 9 price action trading tips that we have provided you with here today, then your chances of becoming a profitable and successful trader will increase drastically. Price action trading can absolutely help put profits in your pocket, as long as you know what you are doing.

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For more trading tips, strategies, methods, and everything in between, check out Andrew’s Trading Channel. Here you will find the world’s best stock market trading school, a trusted day trading school, state of the art indicators and trading tools, Forex and crypto signals groups, and more! 

How I Learned to Trade the Stock Market

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How I Learned to Trade the Stock Market

Hello everybody, my name is Janice Greene, and I want tell you the story of how I learned to trade the stock market. I am now at the point where I can trade for about 20 or 30 hours per week, and make a comfortable living doing so, but it wasn’t always that way. When I first started trading, I was losing more or less every last penny that I would invest.

Needless to say, it wasn’t going very well. It took me quite some time to learn to trade the stock market properly, and moreover, it took the right teacher too. All of that said, let’s not skip any of the important details. This is the story of how I learned to trade the stock market, from my rough beginnings to my success in the present day.

Janice Greene

My Start as a Stock Market Trader – A Rough Start

What I need to say first is that before I attempted trading the stock market, I was a landscaper, someone who hauled around dirt and rocks for 10+ hours per day, for people who were mostly rude and ungrateful. Folks, I’m no spring chicken, and lugging around heavy stones, digging holes, and spending endless hours on my knees trimming bushes wasn’t doing my body any favors.

At the end of each and every day, I was in serious pain. For those of you who don’t know, landscaping isn’t exactly the most lucrative career around, so I was breaking my body for minimal pay. There’s also the fact that I never got to spend any time with my friends and family, and really had no free time at all. Most people would call what I was doing modern day slavery.

Stock Market

I had just had enough of it all, and this is when I decided that I wanted something more out of life, a better paying career that wouldn’t result in severe back pain at the end of each day. I had a few friends who were successful stock market traders, and they had been urging me to give it a shot for quite some time, so I figured why not, let’s give it a shot.

Well, this was a true shot in the dark, and let me tell you, I didn’t hit a single thing. I had about $2,000 laying around, and yeah, I made the mistaking of investing it all into about 10 trades.

It seemed like a great idea, that is until I had nothing left because all ten of the trades were losers. I may as well have burned the cash and heated my home with it, as this would have probably given me more value. I knew that I made a mistake just trying to trade the stock market without any kind of education, which is why I decided to take things one step further and join a stock trading course.

The First Stock Market Trading Course I Took – A Complete Waste

Ok, so I joined this stock market trading course that I had seen being advertised on Facebook. Yes, I know, that should have been the first warning sign that the course in question wasn’t the real deal. Either way, I figured that a stock market trading course that cost me $500 couldn’t be all bad, so I joined.

Well, this was a mistake. I really don’t want to spend too much time talking about this horrible stock market course, because it was a waste of time, and I don’t want to waste your time either. The bottom line is that this first course I took was totally useless. T

he lessons were just random facts being rammed down my throat without any rhyme or reason. It was just a random amalgamation of total nonsense. Sure, some of the lessons might have contained some useful info, but it was all so poorly structured and completely disorganized that I really couldn’t follow along. I actually talked to some of the other people who had previously taken this course, and they all said the same thing. It was just confusing gibberish.

Stock Market Trading

Even worse, there was no way to ask the teacher any questions either. This left me totally in the dark. That said, I did learn a couple of things, or so I thought. I tried placing some more stock market trades with an additional $1,000. This time, I managed to win one out of the ten trades I placed. Yeah, it wasn’t much better and I lost most of my money.

At this point, I was very disillusioned, but I wasn’t ready to give up just yet. This is when I came across Stock Trading Mentor Box, totally by chance mind you. I saw Andrew A on his YouTube Channel, I really liked him, and I saw that he led a stock market trading course, STMB. It cost just $399 to join, and I did still want to learn to trade stocks, so I figured I would give it one last shot.

How I Became a Pro Stock Trader with Stock Trading Mentor Box

Let me tell you that joining Stock Trading Mentor Box was undoubtedly the best choice I ever made. Let me tell you why. First of all, I loved how this course was 100% online, and that I could learn on my own time. The lessons were not held at set times, and I had access to the library whenever I wanted. In fact, with my onetime payment, I gained access for life, so even now, if I forget something or need a brush up on a certain topic, I can still go back to take another look.

Now, there is also the fact that I really loved Andrew’s teaching style. He managed to really get through to me in a way that I didn’t think was possible. He managed to explain all of these super difficult stock market trading concepts in a way that was very easy to understand. He even backs up all of his lesson with live video trading examples. Moreover, unlike the previous course I took, this one actually had a good structure to it. It started off with all of the basics, and then slowly progressed to the more difficult aspects of stock market trading.

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There were actually over 50 lessons here, and they were all quite lengthy. If I can say just one thing about Stock Trading Mentor Box, it’s that it is a super comprehensive course, and I didn’t feel like it missed anything. Simply put, once I started trading the stock market, I actually felt knowledgeable and confident. After taking a little over a month to complete the 50+ lessons, I felt like I had all of the necessary skills to trade, so I gave it one more shot.

Well, I started off slower than before, as Andrew had advised, so I started with just $500. Well, the going was slow, but it took me just 10 days to turn that $500 into $1,000, and then another ten days to turn that into $2,500. Sure, I still have days where I lose money, and I still lose some trades no doubt. That’s just a part of being a trader. The trick, as Andrew taught me, is to not let my emotions get in the way. At this point, thanks to the education I got at Stock Trading Mentor Box, I’m now winning upwards of 75% of the trades I place. I have days where I win 90% of my trades, and that’s impressive.

Now, I get to spend as much time with friends and family as I like, and I even feel like I am financially stable enough to start my own family, something that I have now wanted to do for quite some time. Thanks to Andrew and Stock Trading Mentor Box, I was able to quit my terrible landscaping job for good. Now, I am working a fraction of the hours as I was before, but making infinitely more money on a daily basis. I really couldn’t be any happier!

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For more trading tips, strategies, methods, and everything in between, check out Andrew’s Trading Channel. Here you will find the world’s best stock market trading school, a trusted day trading school, state of the art indicators and trading tools, Forex and crypto signals groups, and more! 

Pump and Dump Trading Strategy

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Pump and Dump Trading Strategy

Whether you bought a cryptocurrency that then crashed or you bought a stock that skyrocketed in value, but you didn’t manage to get out in time and make great money, then you’ve come to the right place. Today, were are here to talk about the good old pump and dump. Today, we’re going to teach you a great pump and dump trading strategy. We’ll also talk about how pump and dumps occur, how to spot them, and how to trade them too. Let’s get to it and teach you an awesome pump and dump trading strategy that will put money in your pockets.

pump and dump

What is a Pump and Dump?

a pump and dump is a phenomenon that happens in the market when the price of an asset increases exponentially and gains huge attention on a massive scale, which is then dumped later on as the price crashes. In other words, and asset experience is a huge buy, and then a massive sell off.

Now, the fact of the matter is that technically speaking, pump and dump schemes are somewhat illegal, but it really doesn’t matter because they happen all the time. pumps and dumps happen in all timeframes in all markets, and they happen with or without media coverage. It really doesn’t matter if they are illegal, because they happen all the time.

The problem is that tons of newbie traders will fall for a pump and dump scheme by getting too excited about it and then buying too much. Those traders then often get trapped when they buy too much and don’t sell off in time. Sure, if you sell in time, you can make a whole lot of money. However, if you don’t get out in time you will lose it all.

Should You Stay Away From Pumps and Dumps?

The fact of the matter is that if you trade smart, you don’t have to avoid a pump and dump scheme. You can indeed take advantage of these schemes and make profits from them. In the next sections, I’m going to teach you how to identify them, how to trade them, and how to make money from them.

pump and dump

How to Identify a Pump and Dump

Keep in mind that we said that pump and dump schemes happen on all timeframes in all markets. In terms of being able to find a pump and dump, you should find a daily timeframe that won’t affect your responsibilities. In other words, you want to pick a market and a time frame that you can be consistent on in the long run.

One of the best ways to spot a pump and dump is by using the third slope strategy, which is done using a trendline with a charting tool. What you want to do is to connect all of the lows using a trendline tool and then wait for a third slope to appear from its lows. If you see one of these strong slopes, then the pump has already started.

Another strategy for identifying a pump and dump is to use a moving average. Here you want to use an 8 period moving average and a twenty period moving average, and you want to see the price above both of those moving averages. You want to use a tight moving average. So you can spot potential fast moving prices. There could however be a lot of signals from choppy or irregular markets. The bottom line is that you want to be objective.

Making Money from Pumps & Dumps

Let’s get right to it and talk about a complete strategy that will allow you to make money from a pump and dump scheme. Before we do however, make sure that you are doing backtesting, that you don’t fall into the hype, and that you engage in proper risk management.

Now, as mentioned before, to identify a pump and dump, you want to see that it makes a third slope on the trendline, or is above both the eight and 20 moving averages. Now, you might be asking why you shouldn’t buy on pullbacks. Well the reason for this is because you are dealing with extremely volatile markets and that they can crash at anytime.

You want to wait for add confirmation by waiting for a breakout to happen and for a candle to close. You can then enter the trade when the next candle opens. Now, if you are using a longer time frame, but the market structure is unclear, then a better method is to use a much shorter time frame.

Of course, you do now need to know how to exit a trade in order to make money from a pump and dump. Well, I never go to some forum or rely on someone else’s opinion for this information. You don’t want information when people are emotionally attached to the trades that they are currently hyping.

Most people would tell you to keep holding onto your losses so that they can make more money before they dump. One of the best ways to make money from a pump and dump like this is to use a trailing stop loss by waiting for the price to close below the 20 period moving average. you may also use a previous candle close trailing stop loss to exit your trades.

The fact of the matter is that you do not want to have a fixed target profit here. You can’t ever know how high a pump is going to go until it gets there. Just stay with your trade until the price reaches the maximum, look for the first sign of a pullback, and then get out. Hence why it is called a dump.

Now, what you do need to know here is that trading a pump and dump is very high risk, but if you manage to get it right, you can use a whole lot of money. You want to engage in proper risk management and you definitely don’t want to use huge amounts of leverage either.

pump and dump

The Pump & Dump Trading Strategy

At the end of the day as long as you use either the moving average strategy or the trend slope strategy, you should be able to spot a pump and dump. Then, using a trailing stop loss, you can easily get out, AKA dump, before the price crashes. This is how you make money with a pump and dump scheme without losing everything.

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How to Go from Losing to Winning Trades

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How to Go from Losing to Winning Trades

I had just started my life as a trader, and of course my first and primary goal was to start winning trades. When I first started trading, I was still looking for a job, but I just wasn’t having any luck. For this reason, I decided to start becoming a professional trader, with the main goal of course being winning trades. However, things didn’t quite go to plan, and I started losing trades.

Now, as a professional trader who has been in the business for a long time, I can look back at all of the mistakes I made and provide you with the information you need to start winning trades. The fact of the matter is that I lost about 50% of my trading capital when I first started trading.

Sure, I was winning trades, but not nearly enough of them to make up for the losers. I invested about $5000, and I lost well over $2500. However, as the years went on, I learned from my mistakes, and now I want to provide you with all the information that you need to start winning trades. Let’s go over the biggest tips that you need to follow to go from losing to winning trades.

The Right Environment Matters

One of the most important things that you need to do to start winning trades is to put yourself in the right environment. The fact of the matter is that if you feel pressure to make a specific amount of money, that pressure is going to make you a bad trader and it’s going to force you to make bad decisions. There are plenty of external forces that can affect your decisions in a negative way. Sure, you might want to be a full time trader, but you don’t want to use all of your money.

The fact of the matter is that using all of your money for trading when you need that money for food, rent, and everything in between is not the greatest thing period if you feel pressured to make money, you are going to make emotional decisions because you absolutely need to make that money. However, when it comes to winning trades, having the right environment and mindset is very important.

winning trades

Have a Real Source of Income

One of the ways to prevent yourself from feeling pressured so you can start winning trades is to actually have a job on the side. Sure, you might want to leave your full time job because you absolutely hate it or you hate your boss, but the fact of the matter is that trading is a business not a job.

It takes many months or even years to learn all of the skills and tools that you need to start winning trades. In other words, you can’t just quit your day job and start trading instantly. This transition is a process that takes many years to complete successfully. You absolutely need to have a stable source of income so you don’t feel pressured to make money through trading.

This will allow you to learn all the skills that you need to know to start winning trades without being pressured. If you look at trading this way it means that you will be much less emotionally affected by your losses, you will look for improvement rather than instant results, and you will be very critical with the tools and strategies that you use.

Don’t Risk More than 50% of Your Net Worth

Many newbie traders who want to start winning trades think that they should invest all of their money into trading. Some people may invest 80%, 90%, or even 100% of their savings into trading in the hopes that they will be able to turn a quick profit.

However, this is of course not a good thing, especially if you hit a losing streak. What you want to do when you first start trading is to start with a very small portion of your net worth.

You can then keep adding funds to your trading account every few months as your skills improve. This way, in case you do lose some trades, at least you don’t lose all of your money. Simply put, never put all of your eggs in the same basket.

Be Smart With Your Money

Keep in mind that how you manage your money will affect how you trade, and it will definitely affect whether or not you start winning trades. If you’re already having a really hard time managing your money, then things aren’t going to go easier when it comes to managing your trading portfolio.

Therefore, if you are having trouble managing your money, this is what you need to master first before you open a trading portfolio. You need to have good money management and risk management skills in order to be winning trades.

You Need a Good Trading Plan

In order to start winning trades, you also need to have a good trading plan, which means that you need to know when to buy and when to sell, but it also means that you need to know which markets you want to trade in, why you want to trade in those specific markets, and how to use risk management.

You want to develop a solid business plan which is your trading plan, and it is a system that you must have in place to make sure that your actions are consistent as possible. The more focused you are on the plan and method that you use the fewer trading errors that you will make.

Build a Watchlist

When it comes to going from losing to winning trades, but you also want to build a watch list. Don’t depend on other peoples opinions or rumors to build this watch list, but that said, you still want to analyze the market to see which securities or currencies that you want to trade with on any given day. You can always use filters that rank stocks or currencies based on their performance, and then go from there.

Analyze Your Results

So you can start winning trades on a more consistent basis, another thing that you need to do is to analyze your overall results. If you never analyze your results, then you just aren’t going to find the mistakes that you are making which are causing you to lose trades.

You want to analyze your results and you want to compare all of the losers to see if you can find any common mistakes that you are making across the board. This way, you can make the appropriate adjustments and start winning trades.

Winning Trades – The Bottom Line

So, if you have a stable source of income, you put less than 50% of your net worth into trading, you have a well written budget and plan, and a well defined trading plan and strategy, then your chances of winning trades increased drastically. Make sure that you have a trading process that doesn’t interfere with the rest of your life, and you should be well on your way to winning trades.

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