Learn about the trading strategy used by hedge funds that follow trends to benefit from financial markets.
In this Forex trading system, you will discover how I change to earn a living. It's not just me who is using this (or similar) trading system. There are at least a few dozen hedge funds that follow the trend and use the same approach to make money in the financial markets. I am sharing my knowledge with all new / experienced traders eager to learn a consistent winning trading strategy that has been working for me for the past 5 years. I would love for this system to be accessible to as many traders as possible and that is why I wanted to do it for free. I tried to keep it as concise as possible, so as not to waste time with unnecessary details. In the end, time is money!
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The objective of this course, besides showing a commercial system that has been working for me for a long time, is to try to protect it from the dangers of the financial markets. I have been trading during the day (without success) for some time before discovering that long-term trade is actually the only way to take advantage of the markets. I know that many of you are extremely anxious to earn quick money, but this is not the goal of this course. I would like to show you a system that works in the long term. More and more people are trying to make quick money in the financial markets nowadays, but every time they earn less in the short term. As some of you already know, trading is a zero-sum game. In other words, for every winner there is a loser. With that I will try to help you: how to be on the long-term winning side.
I'm sorry if my English is not perfect, but it's not my mother tongue. I still believe that for trade there are no barriers and traders must follow their dreams. I will do everything I can to help you reach your (financial) goals, but there is one thing I can not do for you: I can not teach you how to be disciplined! That's something you need to discover to be a successful trader ...
The Fx crosses are probably the best in the commercial environment (range). Currency crossings present the best opportunities for the trading range operator. Therefore, it may be a good idea to stay away from the ranges, as they may cost you. In contrast to the crossings, the raw materials and the main ones offer the operators the strongest and longest lasting opportunities. Coins such as Eur / usd, gbp / usd, aud / usd, usd / cad, etc. Trends must be considered. While gbp / chf, aud / chf, nzd / chf, etc. they must be considered as trading-range and therefore ignored for the sake of the successful implementation of this system. Let's recap again, what instruments are good for trends and trade environments.
Determining where to place the stop loss is quite easy. Once I have a signal in place, I am looking for the previous day high / low depending on the direction you are taking. For example, if you go long, I am seeing the minimum of the previous day and I place my stop there. Alternatively, if this is too close or too far (so the risk / reward ratio would be too low) I place my stop with the help of the ATR indicator. What I do sometimes is calculate 2 times the daily rate of ATR and place my stop just below that point. Take a look at the following image to see where I would have placed my stop in different crossing situations.
To make a profit, you can track your position with a 50-100 pip stop or use weekly / monthly support / resistance levels to make a profit. You must make sure to ride in a position as long as possible, because that's where you earn a lot of money. You may end up having some small winners
and some losers, but the point is to have at least a small number of home runs (big winners). An approximate result after 10 exchanges through the correct use of this system would be:
- 1 great winner
- 5 losses
- 4 small winners
The important thing here is to make sure that you can hold enough to have a big winner. And that's when the fun part begins ...
There are some last things that I want to mention instead of a conclusion. I will list them below: "
There is no trading system of the Holy Grail, "the only money of the Holy Grail.
-management skills.
- Cut losses quickly.
-Let the winners run as long as possible.
-It is patient and expect only the best configurations, because 99% of the money is obtained from the session and the wait.
- Always go with the highest time frames - do not be tempted to do it.
-go in a time frame less than 4 hours.
- Erase the attitude of getting rich quickly from your mind.
- Never risk more than 2% of your commercial capital in any single operation.
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