Day Trading Forex Currency - More Important Than Stop, Entry and Exit
Filed under: Day Trading Forex Currency, forex, trader training
So many trading systems completely miss the most important part of being profitable.
It’s a real shame too because all they seem to focus on is the setup, stop, entry and exit.
Now to the novice trader, this is what a trading system is all about.
They think that so long as you have these four bits of information, you should be able to consistently produce profitable trades.
But if that were true, then how could it be possible for random-entry systems and coin-flip trading systems be profitable?
The key is strategic money management.
WITH sound money management, even a purely random entry system, even a trading system that chooses entries based on the flip of a coin, can be quite profitable.
Without it, even a great selective trading system can lose money.
Now there is more to it than simply setting your maximum per-trade loss, while at the same time, it isn’t that difficult - when you know what to do.
Join me and David Jenyns for a live webinar tomorrow night where you’ll discover how to control YOUR profit and risk through strategic money management.
There is no cost to attend!
You’re only cheating yourself if you don’t!
Cheers
Brian
P.S. What does this notion about money management mean for YOU?
The underlying implication is that you could probably take your existing system, even if it hasn’t been profitable for you so far and make it profitable through sound money management!
Still skeptical? That’s understandable. But there is a quick and easy way to PROVE IT to yourself with ZERO risk.
You can use this to test ANY trading system or money-management strategy completely risk-free, plus track your trading throughout the year to ensure continuous improvement and consistency.
use the coupon code 56B25A258E to save $20.00!
Free Elliott Wave Live Training Webinar
Filed under: Day Trading Forex Currency, forex, stock trading, trader training
Have you been taking advantage of Elliott Waves in YOUR trading?
You really should consider it because R.N. Elliott did a considerable amount of research into market behavior and identified a very common behavior pattern that explains the different ‘moods’ of the market that are being shown to you.
When you understand what’s going on in the ‘mind of the markets’, you can take advantage of the seemingly erradic behavior instead of being frustrated by it.
If you are not utilizing this tool, then you are really missing out on a serious tremendous competitive advantage.
That’s why I asked Sam Perdue, an Elliott Wave expert and Trading Coach to do a live 1-hour webinar with me this Wednesday night - at no charge.
Right now real quick, go to the Trader Intensive site and register for Sam’s presentation,
Register for Elliott Waves here
Have a great weekend!
Cheers
Brian
P.S. One very cool thing that you’ll learn on this webinar is the completely different “market minds” of bull markets versus bear markets. Very different indeed and knowing what’s going on in the mind of the market can be very much to your advantage!
P.P.S. Good news for you: there are several weekly live webinars available to you at the Trader Intensive site - all at no charge and on a variety of trading topics. More are being added regularly, so swing by there and register for whichever ones are of interest to you.
I have a couple more that I’ll be adding over the next 24 hours, so definitely come on by!
Gartley Pattern Webinar With Derek Frey Recording Now Available
Filed under: Day Trading Forex Currency, forex, trader training
Brian here and I apologise for this taking so long, but…
I can finally say that the recording of Derek’s Gartley Pattern webinar is available for viewing. You can get access to the video using the link below.
I’ve had quite a few people sending me emails asking when it would be ready and it now is. I’ve also received numerous comments on what an excellent presentation it was: “very informative”, “I got a lot out of it”, “very helpful”, etc. etc.
There are other live webinars coming over the next several weeks on a variety of trading topics, and you can attend any of them for no charge. Just go to www.traderintensive.com and register for whichever ones are of interest to you.
Cheers
Brian
Forex Opportunity - Gain Your Independence! (Live Webinar)
Filed under: Day Trading Forex Currency, Trading Strategy, forex, trader training
The one thing that most trader DON’T have is true independence as a trader.
They are dependent on a trading system created by someone else - and that stinks because when the markets go through their inevitable changes, most are left helpless and wondering what to do.
If you are tired of being in that position or if you’ve already given up on that route and chosen to go it completely alone, but finding tough to make the kind of consistent profits you want, then you definitely want to attend the live webinar that I’m hosting on Tuesday with 2 professional traders.
We’ll be discussing the process to gain your independence, looking at the steps you should take and the questions you should be asking yourself along the way.
There is no cost to attend and no list to subscribe to, just register with GoToWebinar, the service I’m using to host this.
https://www2.gotomeeting.com/register/430660666
Attending this webinar will prove to be a significant step in your development into a truly independent trader!
Have a great weekend!
Cheers
Brian





