Why do you think this happens?
Have you already thought abut it, or do you just moan around and blame everyone else, but yourself?
I would say, you don't have a real plan. You don't have filed strategies, setups, which you have tested enough.
1) find ONE Setup/Strategy you like the most.
2) describe it in detail, how it would look like. I mean, the PERFECT one. You have to be very, very detailed!
3) find a market where you can trade it profitably.
4) prove if you can, by trading 2 Months, every day in a Demo account. Record all trades. File the screenshots and document each trade.
5) depending on the outcome, improve your setup, improve yourself in trading, or go live with as little capital as possible.
6) if profitable 2 months, don't bump up the size. Stay for another 2 months to prove yourself, that you where profitable 2 months by skill, not by accident.
7) if profitable, bump up your size in small steps.
Is this difficult to do?
No, it's not. But the point is, you must DO IT.
If you trade profitable, then you don't worry anymore getting stopped out. It's just normal, and you know it will happen. But the difference from the now is, that you know exactly how to make money consistently - you have prove in the demo account, then in real live.
Free yourself...just do it.
The "ForPtions Trade" that netted $505 p.c. within two days, reduced risk and optimised the ROI.
On the 9th of July 2018 I posted this trade idea in the members section.
If you had a Yearly Membership, this trade would have payed 84% for it. If you had the Quarterly Membership, this trade would have payed you 2.5 times the price quickly.
OK, but what's special about this trade?
a) we knew in advance that price has a over 80% chance to trade back to the Centerline.
b) we where able to reduce the risk by entering far away from the market by selling Calls, instead going short the underlying (this is also called a synthetic short)
c) we even where able to reduce the time risk of the trade by 97%
The result: We optimised our ROI, reduced risk and had our money back quickly, just to put it in another high probability trade.
Was there anything special about the Chart Analysis?
Well, at least for a ForkTrader it was simple, because it was a trade purely based on our rules.
Here's what we Forkers knew what others don't:
So, this is exactly what I mean if I write and talk about "High Probability Trades".
If your brain now starts to wake up and ask questions, then you should register for the Free Membership and start to learn the Basics about the Pitchforks and the ForkTrading Method. Get the unique and original ForkTrading BLUEPRINT and start to learn how we earn.
And always remember this:
"If you find something new you can learn that enhances your chances to success, then you will loose it if you don't use it..."
May The Fork Be With You...
As you can see, there's not much one need to draw, if he knows about the law of Action/Reaction and how to apply it without any modification or "tuning".
(IMO, the party seems to be over soon in the S&P)
Here are two different charts to study for you.
Both describe the market with the same principal, but in different ways and...
...they lead to the same point.
Is it by accident?
To find out, just use this technique and start to work - make your hands dirty ;-)
If you really dig deep into the Rabbit hole, then prepare yourself fore some creepy experiences in the sense of how Chart Analysis can change your trading ...
I highly recommend this article I wrote about Action/Reaction:
Find out more about Action/Reaction here:
When you have a good live, a good day or just a good moment, then you should give back from time to time...
Think about it.
This blog post maybe sounds hard to you, but be sure that i's coming from my heart, because I really know what pain and frustrations many of you go through. P!
Metal helmet on?
OK, lets go...
Lately I was browsing through the ton of questions I get from people.
I found out, that so many are asking me, how much money I make.
Either direct in to my face, or by squirming around with the question.
Here's the answer: FUTILE!
This question comes from those traders, who are looking very hard for a insurance for their one trading.
And they think, they can measure the quality of a strategy or mentor according to the money he makes.
Let me say this: I UNDERSTAND WHY YOU ARE ASKING THESE QUESTIONS...but...
...first of all, one must understand by what trading success is influenced, before you are looking for a way to insure hes one trading - if this is even possible. But let's find out, right here and now:
What influences ones success or failure in his trading:
...and there is much more!
But let's just stick with this tiny list.
Let's assume, I tell you that I make something between 30K to 60K in trading per year (which are complete arbitrary numbers):
Do you feel better and more confident now in your trading?
Do you think your PNL will be positive at the end of the year?
Do you think that I'm now a really good enough mentor for you?
...it's futile, 100% futile because:
a) you don't know if I tell you the truth, even if I show you 20 statements, because they could be faked.
b) you have no clue, how much money I put into my trading to make this amount of money
c) what about my soft facts? Do you think you can handle the trades with the same emotions like me? What if you are much better in this part of trading? What if you first have to develop these soft facts to withstand emotional torture?
d) you don't trade the exact same way, even if you copy my strategy 100%. Somewhere in the process we will deviate from our personal trading style, even if we both trade the same strategy, period!
e) ...luck, probability, time to trade, applying the strategy...all these too are applied most of the time very different from one trader to another.
Let me tell you this:
If you want to make money in trading, you have to take the little pain, going through a process:
- reading and learning
- applying what you have learned
- improve (take your notes and screenshots you make from every trade and reflect)
- applying the new learned information again
...back and forth, until you get it.
From there on, you have developed your one style, maybe with my high probability strategy, that's OK.
But even then - your results will differ from my results in every single trade!
You are looking for a insurance for you money.
You are afraid not get scammed.
I understand all of these reasons, but there is absolute nothing that can shelter you, but your one experience and your one prove - Learn To Earn.
Everyone who seduce you with "sure gains" is a fraudster, period!
Now you have three choices:
1. work - work with fun and be a part of the ForkTradingGroup and develop your one insurance, by learning and going through your process. Don't worry, we are here for you to guide and help you.
2. Give up trading and look fore something you have more trust in. Why not go and sell Burgers or Crépes or HotDogs etc.? If you have more fun doing this, start to plan your business right now.
3. Continue to look for a holy grale - and if you found it, please, PLEASE DONT LET ME KNOW!
This blog post is not meant to daunt you, but to give some brainfood...
Learn to earn...my best wishes are with you, which way ever you go from here.