This is a email conversation I had today with one of my students.
Read it thoroughly, it concerns all of us, even me, still today:
I read your rules about forks last night, Great Stuff ! But there isn't much about entry or exits there.
Thanks for your email…sorry, I don’t know your name…
The common problem for traders, most jounger traders is, that they/you search for exact entries, or exits, or setups per-se.
This is why most of you loose money!
Don’t take this personally, I had to go through the same shi… too.
Before I was making money, I lost 3! accounts…
So I really know what I’m talking about and what you guys are going through, period!
Let me ask you this:
Would you believe, that there’s a possiblity to make money in the markets, just entering by throwing a dice?
If you don’t know this already, then there is a ton of information you’re missed so far as a trader.
I could show you a method, just to randomly entering the market, hide your stop correctly on specific levels, and make money on the long run.
But it’s not fun, not efficient and it carries much fear within for the trader.
So, not really a good strategy, right?
Listen, it’s not about a exact entry or a „setup“.
Setups for example don’t give you a guaranty for winning.
They are just part of a much bigger plan, the STRATEGY.
Here’s what you will have to do to use the Forks to your advantage:
- go over the rules again and again and again...
- apply them to the charts and discover how price is acting around the lines.
- create your one prove that you can use them for your trading, at least giving you information about the next possible move of the market
Why you need to do this work?
Because you need confidence in your trading.
If you can’t lean on something that assures you that you will make money, you are never able to follow any plan or tool.
Yes, trading with the Forks, as with most of any other method is simple, but not easy!
It means work…it means patience…it means consistency…it means learning.
It’s simple because the rules are written in stone, and they work….if…
…you learn to apply them, be patient in learning because this is a process until the information sinks into your brain and transforms to skill.
Just follow me on my website and the blog (…after subscribing you will get acces to more information after about 1 week). Because there are many other traders asking for „setups“, I’m in the process of prepairing a new course.
Don’t give up here - you would miss the best part of your trading career.