ADVANCED FOREX TRADING

The Blind Date Trading Strategy for Advanced Forex Traders

  • 134 pages

The Blind Date Trading Strategy for Advanced Forex Traders is a guide written with one goal in mind. To make you the best forex trader you can be.

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The (In)Sanity of the Markets

How often have you entered a trade only to find yourself stopped out by a fraction of a spike, before the trade goes back in your direction without you, or you took a buy trade which goes so emphatically against you that when you look at the screen you think, how could I possibly have read that trade so wrong? Despair not, you did little wrong.In fact what happened in the last example was normal in these news driven markets. You, along with the majority of other traders were in agreement about the trend. When the market changed direction against all of you, everyone got out in a panic creating a cascade of stop losses being hit by stop hunting algorithms, which caused further price movement going down. So what looked in hindsight like a very bad trade choice and you feel very stupid, was in fact a perfectly logical trade. Please relax and be assured that sanity prevails here at the Pip Asylum. We know what you are experiencing and what to do about it.

The Game Has Changed

 Today’s forex markets are constantly  distorted, news sensitive, algorithm driven, irrational, vulnerable to manipulation and collusion by large trading institutions and influenced and interfered with by central banks. Is any of this surprising or new? – No! Not at all. However, it has changed the game in a big way for the logical minded forex traders (the day traders) in such a way that how we trade markets today, is totally different to the way we traded markets many years ago. Every year the pace of the algorithms, volatility and unexpected spikes and dips in volume is so different to past years that the chances are very real that without a forex trading strategy in place that copes with these constantly changing market conditions it’s going to be a constant struggle to stay in the trading game. As forex traders, we don’t want to be caught out or left behind because this will cause us to get frustrated and quit.

gavelThe Truth About Trading

The truth is that trading markets is based on pure speculation about the future, every second of the day, and we don`t know the future or the outcome with certainty.

It is probably the most difficult game in the world – ”speculating on the unknown all of the time” And whilst speculating on the future – we want to be right about it.

So if the game is changed so much you may be thinking, what can I do as a forex trader to compete profitably in a market place that has so much unfair advantage and undue influence against my decision making? Let’s start with what you do not need to do:

– Do not spend any money on trading systems that claim to beat the markets. You are wasting your money on systems that claim to know the future, and that is false because the truth is that trading markets is based on pure speculation about the future, every second of the day, and nobody knows the future or the outcome of your next trade with certainty.

– Don’t seek out complicated trading strategies. We don’t use them, or sell them. If you want a trading strategy that is elaborate, convoluted, intricate, difficult and arduous you won’t find it here. Read An Inside Look at the Blind Date Trading Strategy for Advanced Forex Traders first.

What you can do

– You can learn to control your risk, because you cannot control the market.

– You can trade with a game plan that focuses on your risk, not your expectations.

 What the Blind Date Trading Strategy for Advanced Forex Traders is designed to do:

”It is a strategy developed by forex traders for forex traders”

Volatility, panic, fear, greed, irrationality and algorithms can only alter our expectations of the future. They cannot alter what you know already before you enter the trade, which is – how you will come out of the trade if the trade goes wrong. The first half of the guide takes a long hard look at your attitude to winning and losing, and your real allocation of trading capital at your disposal, not the capital you expect to have. In other words, we look at your expectations, not outcomes. It states very clearly in the risk management section :

”Amateurs focus on how much money they may win, professionals focus on how much money they may lose”

In your forex trading journey, you may have experienced ups and downs of jubilation and despair. Made up of wins and losses – in that simple order.

Each chapter is designed to follow the steps built upon in the previous chapter, brick for brick, culminating in the enlightening chapters on Blind Date Trading concepts and strategies.

– If you are a Trend trader: The Blind Date Method fits your trading style.

– If you are a Scalper: The Blind Date Method fits your trading style.

– If you are a Contrarian trader. The Blind Date Method fits your trading style.

All three concepts are explained in detail, with charts in the guide.

More than that, our Blind Date Trading concepts are timeless.

  1. The great inventor Leonardo da Vinci said ”Simplicity is the ultimate sophistication”
  2. The Blind Date Trading Strategy for Advanced Forex Traders is both sophisticated and simplistic in its execution.

The Blind Date Trading Strategy for Advanced Forex Traders takes you out of the daily confusion into a new forex trading world of neutrality, understanding and enlightenment.

Download your ebook today!                                   

The Blind Date Trading Strategy for Advanced Forex Traders

  • 134 pages




 

 

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