MONEY MAKES MONEY
VOLATILITY IS KEY TO MAKING MONEY
SHORT TERM TRADES FOR OVERALL LARGER GAINS
I have spent decades trading the markets. In this time I have identified a few things that work consistently for me. This is the key point I try to get across to the many traders I mentor, It's all about how you interact with the market. What ever works for you is what will give you consistency, which breeds confidence that creates steady profits.
For me this is my principles of Fibonacci. This combined with my many years of 'Prop' trading and strategy of banking small pip wins on bigger size is why I am successful.
Being in and out of the markets, scalping for maximum profits for the lowest amount of time and therefore exposure is how you make money trading.
Who really knows where the markets are going right now? You have the President, policy makers, billionaires all telling you what they think. I know what I think, and that is mainly they want ALL THE MONEY and will tell you anything they think will get that from you. In trading no one should tell you what to do except you yourself.
This is the problem most traders have, they want to be right on direction. Holding one trade and leaving 'money on the table'.
Short term prop traders get involved in the movement for minutes even seconds to lock in profit.
I can manage fund between between £25k - £250k
FOR A LIMITED TIME ONLY - 1 Month FREE performance fees on all new applications
It's all down to 'win rate' and being able to trade big size for very short periods of time. The more you win, the more the account grows. You net off profits, so above 50% you will generally, win, any rates higher than 80% mean you are trading one big win or setting your self up for one big loss. Win rates should never be too high!
Win rate LONG 71% - Win rate SHORT 68%
By having a system that can on close trades in a matter of seconds you keep your risk small. Everyone wants that big winner but in trading the reality is that taking money off the table and banking it, compounding it and repeating this 100's of times a day is the best way to grow any trading account.
The real genius in my trading is that I keep it simple. You can read about the strategy I use in my book The Ruff guide to Trading here to see how I make my trade calls. There are also 100,000's of views on my you tube channel. There is no mystery to how I make money trading.