Trading Pro System
Once you know the system, this business can be managed in 15 minutes a day.
It has all the makings of the 'perfect' business!
The problem with creating a business based on the markets is that it seems like they are consistently changing and there is a lot of risk!
As you know, the markets go up one day and down the next!
I was really confused which way the market would turn, and since I hated the idea of losing money I tried to "predict" the market's direction because that's how I THOUGHT money was made.
I got really, really good at 'technical analysis'... I THOUGHT that it held the key to profits... if I could tell where the market was headed it would be easy to make money, right?
I learned all about waves and candle sticks, MACD, ADX, CCI, Bollinger Bands and Fibonacci and hundreds of chart 'patterns'... and I thought I 'knew' something' about the future of the market!
Frankly, technical indicators are like crutches - they only help to support and validate your trading ideas already formed in your mind. They do not help you become a better trader or see the reality of the market. There are only 3 technical indicators you need to run this business: support, resistance and trend lines. That's' it. We keep it simple. Simple makes me money.
I also discovered the TOP 1% of all traders do the EXACT opposite of what I tried to do when I first got started (predict the market)... The fact is...
Top traders NEVER try to predict the market -
they only manage risk.
Most of the elite traders don't care if the market goes up or down - they make money either way. They use charts sparingly.
All top traders do is manage their risk and take advantage of the only truths of the market - the ONLY absolute truths of the market.
For stocks that ONE Absolute Truth is this:
1) All stocks fluctuate in price.
For options there are two Absolute Truths:
1) All options fluctuate in price and
2) All options expire.
Tags: trading system, forex trading system, trading, automated forex trading system, finance, bussines
Download
Freeware
|
