We sell as a sniper

Monday I have a little their trade. I will sell as a sniper, just point and can read and write transactions with minimal risk. Test table of positions of increasing the Pyramid is not possible until the necessary moral recover and get a plus.

Interview with a trader: Charles Payne

Charles Payne is the founder, executive director and chief analyst of the company “Wall Street Strategies“. His stock selection brings significant profits to his followers and readers. He is a frequent visitor to “Fox Business Network” and several well-known financial radio stations- and TV programs.
Charles is widely recognized in the analyst community and recently published his first book “Be dexterous, act fast and get rich”. […]

Don't reduce the probability (about the percentage of successful traders)

“How many novice traders succeed?” – asks a potential trader from a group of hardened experts. “Of those 40 %, who will survive more than a year, only one or two percent will learn to consistently make a profit”, – answers the head of one of the largest brokerage companies. “Approximately five of 100 – in my experience”, – notes a leading trader of a large hedge fund. We at Innerworth discovered, what less 25 % hold out for at least six months. Looks like, many will agree with this: If you plan to engage exclusively in trading, probability against you. Here are some ways, by which newly converted traders can avoid common mistakes and conquer probability.

About averaging.

Anticipating the flight of rotten tomatoes in my direction, I will make a reservation right away, that I only post the results of trades on an experimental account and do not pretend to be an absolute truth. Only facts.
Averaging has both supporters, and fierce opponents. The first is favored by, for example, my LJ friend shlakoblock, critics, to my mind, an order of magnitude more. Months ago, we talked with one friend about trade, and was expressed (not new, in general,) thought, what if you observe iron money management, do not place stops and average over a certain number of pips, from levels, without martingale, “firing off” unprofitable positions only when they are compensated by profitable ones, you can get a high-yield trading system. It was decided to confirm the assumption experimentally. I opened a small real on forex. The trading result can be seen on the chart.

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At first I traded almost haphazardly, for different currency pairs, pipsed, came in anyhow, caught daggers. The account started to sink. There were very distant feet, but they worked, and, almost simultaneously (9 September on the chart). Thereafter, miraculously, the price has returned to the starting point. I made a deposit and started trading a little more systematically – results have improved, but still, the game moment was still present, as well as a serious loss on open positions (in the moment reached 400 pips plus a few averages). The period from the beginning of November is of real interest.. In three weeks, more than 100% to the depot. How did you manage to achieve such results?? I will not say, what part of the depot you need to open a position and how much to average. Experiment yourself, if there is a desire. I will only say, less and less often, the less risky the system. General postulates. Flat, relatively slow, currency pair, with pullbacks and reversals (in my case eurodollar). The carry trade and the stock market will not work. Counter-trend entry tactics. Ie. watch a 4-hour chart and outline price levels. We position ourselves short from certain levels, from certain to long, main, do not catch fast-flying candles. Actually, we catch the top (but not to hang up). Exit by take profit (usually 10-40 pips) We smoke bamboo between levels. It might be wrong, because. skip the main movement, but I am describing a specific system. If you make a mistake and the price goes further – add up after a certain number of pips, transferring the minus pose to breakeven.

PS Technical parameters. Yield 178% in less than three months. Trades 325. Positive deals 93%.

By the way.

If S&P500 close above support (1087), a pleasant neckline is formed, and on Monday we can go to paint the shoulder, including. and along the Mamba. It would be logical. For greater beauty, of course you need 1095 take :)

Table brokers providing access to the Stock Exchange NYSE

At the request of my readers published a table of brokers providing access to the stock exchange NYSE. Now select it became much easier if you know of others who were not included in her email address in the comments. Brokers NYSE barnes & noble peter borish nasdaq simulator richard dennis trader vaal reefs mines consists of orkney mines samsung md230 trading 123

Woke up



The nighttime image of trades has led to, that I go to bed about six in the morning, but I wake up in the afternoon about 3. It's getting dark outside by this time. I don't see the white light (:

But today I had to get up in 8, so that in 10 be on the other side of town… As a result, I slept for about an hour or two.. You can imagine what kind of cotton wool was in my head at that moment.

And with this cotton wool I got into the terminal. As a result, climbed into the long against Asia, which opened with a confident hike down, and also averaged. In principle, I knew that it would roll back, but put the take on the minimum wage and went on business… How I came and got to the computer, looked, which closed and rejoiced. I do not advise you to repeat such a joke.

…now I woke up, at one o'clock in the morning (: Tweezers. Well, the regime.

***

Made in a week 8.7%. Yes, despite the fact that the amount is super small, psychological pressure is taking place. This is not on a demo account. 100% to have it every week.

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