Hi,
There are many method, and but some of them is profitable. Someone trade base on news and someone trade base on technical method.
you must know 5-10% of people are winner and 90-95% are loser, if you want to be a winner, you need a good system with great strategy and a person guide you online for better result.
IMPORTANAT!!
If you use more indicators and read news you are big loser , you must know all the indicators and news change your mind to lose your money beside following 95%. Professional trader and big fund managers use NO INDICATORS! in this case big money kills little money all days like a lion.
I teach you step by step and give my signals for more information and better understanding. And I suggest you to trade on forex and futures.
ALL YOU NEED:
- If you want a trade without stress, you must trust to yourself at first.
- Candles speak with you, if you pay attention to them. Learn high priority candle sticks.
- I suggest you H3 time frame for best result, because its middle time and you can trade and take your result maximum a day.
- Learn about price actions, and how it works and be powerful.
- You have to take stop loss and take profit. its very important, because usually you close your profitable positions shortly but you stay on losses!!
- In redblue method you can stay on profitable positions and take more and more.
- Find best price action zone, if you can find them exactly, you become a wow money creator. Price actions are NEW TREND! you find my word is future.
- Find S & R (Support & Resistance) for each item, it needs experience and scrupulosity. if you can find exact S&R you can trade directly with them. most of the time they stop trend and change the way.
- Share your positions with me.
- Only god can trade 100%!!! If you think you can take profit on each trade, you are wrong and if you scare for your trading or stop loss, you can find other work and do try forex.
FIRST STEP,
Indicators or not?
most of the people use indicators and i don’t use it because if you use any indicators, you need to their confirmations and it means you are in the center of movement and you lose the first and you need big stop loss, but I don�t use them and i find the starting a new movement by this method you have little stop loss and great take profit, some time i leave on 100 pips or 200 pip but i say: " you can break even and go ahead or when you can hold on". This staring zone called SETUP or KEY. It takes time and practice to find them.
When you enter in start of a movement you see profit sooner and you see less negative and it is very important because you have less stress and you can hold for profit. If you see negative position for a long time you can�t suffer and you choose 2 ways, 1. Close your positions on negative or lose 2. You close right on zero without any profits.
You must know that SETUP or KEY are not an exact point, for example : many signal provider tell you open position on 1.3434 and you think that it only point for entering but I tell you that NO ONE can tell the exact point for starting and you must find a KEY or SETUP in a limitation called ZONE.
Therefore you can open to your positions on SETUP or KEY ZONE. This ZONE limitation depend on you pair currencies or futures powerful and speed movement and sometimes it depends on attitude and conditions of market, for example you see the price movement of EUR/AUD, it moved normally before 2008-2009 world crises, and it moved more than 200 pips in 1 hour after crises happen. You must find your KEY for your currencies with their formations.
You must check your KEY with your teacher and one more thing is needed to know: you must know you cannot win in your all positions and you have failed positions too, you must understand you don�t stop your getting good position for your losses and if you do it, you lost them.
You must trust to yourself and your strategy and you trade like a robot without any presentiment with full acceptable entrance and do not trade before your system allows you for trading.
8PIP
RedBlue Method