Money Flow Trading Method along with Risk Management

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4. Sep 9, 2017 9:21am

1. BenjaminIs
2. | Commercial Member | Joined Dec 2014 | 3,393 Posts | Online Now

COMMENTS FROM BENJAMINIS: So two things about the above post.

One, it is no longer possible to trade without a STOP LOSS PERIOD.

Two, having a STOP LOSS less than 100 PIPS is not a good strategy. That leads me to explain why most of the 95% of all Retail Forex Traders lose. They trade with small amounts of money and SCALP which makes it almost impossible to make profits over a period of one year because of the VIOLENT NATURE of the swings in the Asset Classes caused by world changing events.

Each Forex Trade that you do should not risk more than 2% of your trading Capital and that is based on trading Capital of $50,000 US Dollars INITIALLY learning on a $50,000 US Funds Demo account just as I did for a period of three years before I made my first Real Funds Trade.

PLEASE GO WITH THE MONEY FLOW

COMMENTS FROM BENJAMINIS: Let us review what we teach and why it works if YOU WORK.

Without your WORK then you are just wasting your time and probably your money.

There is no such thing as Political Correctness here because we are here to teach and share our knowledge ALL FOR FREE until May 31, 2017 and then if you have subscribed to this thread before May 31, 2017, then you will get a FREE LIFETIME PASS to our company website.

SO.... going back to our winning FORMULA for FOREX SUCCESS.

20% of the SUCCESS is yourself the Forex Trader.

20% of the SUCCESS is your EDGE which we teach you and that is Money Flow Trading.

20% of the SUCCESS is control of your RISK (Your hard earned money) Our UNIQUE RISK MANAGEMENT allows you to trade without worry, fear and greed. Of course we want to make sure that you have the right qualities to be a winning Forex Trader so our course is for a period of three months, so we can teach you the right trading methods and we can see your results and make adjustments without your FEAR OF LOSS of Real Money.


20% of the SUCCESS is using and understanding the USE of Technical Indicators which include not only the common ones. It includes the understanding of Supply and Demand. Support and Resistance and the use of Pivot Points which you can see each day on our daily charts that cover ALL our Trade Plans which we also help you develop and explain WHY. These are our Winning Trade Plans that we review every three months or earlier if circumstances in the markets require that.

20% of the SUCCESS is the FUNDAMENTALS, which are much more than Data Releases each day around the world. It includes reports and articles extremely well researched as you can clearly see from this article that explains why the TREND in the Equity Markets especially in North America is DOWN. By understanding the difference between PERCEPTIONS (MARKETS) and REALITY, you then have a good handle on REALITY before the MASSES do and you are not surprised when events eventually unfold.

When successful traders aren't trading, they are researching, developing, and innovating. When unsuccessful traders aren't trading, they're staring at screens and forcing trades. There is nothing better for trading psychology than being at the cutting edge of a growing business.

What makes a trader successful is discipline: doing the right thing with fidelity. What keeps a trader successful is innovation: doing new things and turning them into disciplines.

In order to be able to help you better it is VERY IMPORTANT that you share your thoughts and your QUESTIONS here on our thread.


Benjaminis

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4. Sep 18, 2017 1:55am

1. https://cdn-assets.forexfactory.net/...r469754_23.gif Rocky007
2. Joined Jun 2016 | Status: THE MONEY TEAM | 264 Posts

Dear Benjamin: Money Flow Trading Method one of the strongest and only way to survive in the market finally I got it but not many. My question is what are the key elements you look Money Flow for US future market. Do you have curtain indicator only for future market?

One more thing I'm looking for best Currency Option Broker any advice from you would be very kind of you
RD-7

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4. Feb 12, 2017 12:46pm

1. BenjaminIs
2. | Commercial Member | Joined Dec 2014 | 3,395 Posts | Online Now

Quoting BenjaminIs
From My Post 1858 We have until March 31, 2017 , 4 TRADE PLANS. (1) Short US 30 - 100 units - STOP LOSS - $1000 US Dollars - Risk Reward at least 1 to 1 maybe as high as 1 to 3. Lower stops once you have minimum profit. (2) Short USD/JPY - 100 units - STOP LOSS - $1000 US Dollars - Risk Reward at least 1 to 1 and LOWER STOPS to always lock in minimum profit of $250 US Dollars. (3) LONG Gold - 100 Ounces - STOP LOSS - $1000 US Dollars - Risk Reward at least 1 to 1 and as High as 1 to 3. (4) Long Silver - 5000 Ounces - STOP LOSS - S1000 US Dollars...
From my Post 1889 of February 6, 2017 in order in two posts give to TooSlow and others reading here the answers to their questions. If you have any more questions that you need answers too then just post them here. Thank You and have a GREAT FOREX TRADING WEEK !!!

We have until March 31, 2017 , 4 TRADE PLANS.
(1) Short US 30 - 100 units - STOP LOSS - $1000 US Dollars - Risk Reward at least 1 to 1 maybe as high as 1 to 3. Lower stops once you have minimum profit.

(2) Short USD/JPY - 100 units - STOP LOSS - $1000 US Dollars - Risk Reward at least 1 to 1 and LOWER STOPS to always lock in minimum profit of $250 US Dollars.

(3) LONG Gold - 100 Ounces - STOP LOSS - $1000 US Dollars - Risk Reward at least 1 to 1 and as High as 1 to 3.

(4) Long Silver - 5000 Ounces - STOP LOSS - S1000 US Dollars - Risk Reward at least 1 to 1 and as High as 1 to 3.

THAT IS IT !!! Just have the DISCIPLINE to do it !!!

AS FOR FEAR OF LOSS , FIRST LEARN ON YOUR $50,000 US Dollars FXCM UK Demo Account. Unless you are really really good now STOP trading Real Funds.

This is about learning good habits and getting confidence then you will trade much more effectively with your own funds and I strongly suggest a Minimum Trading Account of $10,000 US Dollars and then you can NEVER have on more than 20% of your capital or no more than 2 positions of 100 units at any one time.

From Post 1453 - Our Method

For New Readers From Post 1172 - Money Flow Method with Risk Management.

I post this again so there is NO DOUBT on How To Trade Forex and Earn Money and Protect Your Capital.

Once again , I try hard for everyone to understand all the parts that would guarantee your success if you have the necessary skills and DISCIPLINE. I can not guarantee that you do however I will know for sure by your Forex Trading results. It is up to you not myself as I have done my part and at least three of our Forex Traders are learning well. The three that are working on it and participating. IT IS THAT SIMPLE and that has too be clear so JUST DO IT !!!


Benjaminis

I first want to talk about having an EDGE. Fundamentals by themselves is not an EDGE. However using Money Flow between Asset Classes from here on I will include in my basket of 100% of what a winning Forex Trader needs. I will not refer to it as a fundamental anymore since new people coming to this thread put my method as including Money Flow as a fundamental which it actually is however not in the same way as most people understand Fundamentals.

This week we will get to see Non Farm Payroll (N F P) and as any experienced Fundamental Forex Trader knows it usually is a fantasy number created by the BLS however next to a FED rate announcement it is the one number that can move markets hundreds of PIPS in seconds and minutes.

Whatever the number Trillions of Fiat Currencies and other Asset Classes will start to change values as we "SEE" the Money Flow. That is why I call it my EDGE and once you know it and understand it well then it becomes your EDGE as well.

Here are the 5 important things that any Forex Trader that belongs to the minority of constant profitable Forex Traders , which I have named , The 5% Club needs to have. Of course in my opinion, I would think that very few Professional Forex Traders use the EDGE. Of course when you know about it then anyone can use it.

Each of the following five important things which I have given a weighting of 20% to each makes up what a profitable Forex Trader needs to have in order of IMPORTANCE.

(1) The ability of the Forex Trader to control their FEAR and their GREED and their EGO. Perhaps the last one is the most important of the three since the MARKET is always right. Using Money Flow puts you with the Market instead of against it as your Forex Account keeps losing the value in it.

The reason that I teach Forex Traders whether experienced or new to Forex trading with a $50,000 US Dollars Demo Account is because that is how I learned my trade starting during 2003. By learning to trade with $50,000 US Dollars in Demo Funds, then I had no FEAR or GREED. However after 3 years of Forex Demo Trading I surely had EGO since month in and month out my Return On Investment (ROI) was constantly over 10% a month or 120% a year.

(2) Money Flow. I have now explained why.

(3) Risk Management. That is next to Money Flow the KEY element of my Forex Trading since when you blow your account whether you are trading with too little capital as the majority of Retail Traders are or because of a Black Swan event such as Brexit or Europe banking issue such as we have in Italy at the moment or the Swiss Central Bank as they did a few years ago say one thing and then next moment announce a major change in their policy and 500 PIP movements happen in seconds. The absolute MINIMUM Forex Account that I would and could trade with would be $10,000 US Dollars. I would be glad to answer questions as to why although most will understand. What if you do not have $10,000 US Dollars trade with ? Prove to yourself that you have the skills and the knowledge to trade with profits then you will have no problems finding funds to trade Forex with. After my 3 years of Forex Demo Trading, I went out and found 6 clients that first deposited initially $50,000 US Dollars and within 3 months along with the profits that I was generating in my first three months of Forex trading from March 2006 to June 2006, I was managing well over $100,000 US Dollars.

(4) Technical Indicators which includes all parts of it whether Support and Resistance or Supply and Demand or Pivot Points. I use when I do daily trades the 5 Minute Charts along with the 15 Minute Charts and 30 Minute Charts to go along with the 4 Hour Charts. When you toss a rock in the river the first ripple is the 5 Minute Chart and then on to the 30 Minute and the two others. I use other indicators aside from the standard ones which are SAR and Fractal and Awesome Oscillator. The most important one that I look at when I enter into a Forex Trade is Support and Resistance so if I am going long or short I enter either at the TOP or BOTTOM of the Chart that I am using. Of course my Risk Management protects me from Human Errors or EGO.

(5) Fundamentals. I am fairly sure most of those reading my words today or whenever they read it might be surprised how a Forex Trader such as myself who posts a tremendous amount of research can list fundamentals as number (5) in order of importance. It is the research that allows me to clearly understand the difference between PERCEPTION (Markets) and REALITY (Research) Then I know what will most likely happen in the future and I am better prepared to deal with it.

I hope that this post of my daily Morning Thoughts answers some of your questions both for the 12 Forex Traders using the $50,000 US Funds Demo account with FXCMUK or anyone else. There is no reason that an experienced trader reading this thread or anyone else to not open a $50,000 US Dollars FXCM UK account so they can use the knowledge that we share here to learn new things and try them without having any FEAR of LOSS !!!

As always , I look forward to feedback and thoughts and anything that you care to share with us on our Thread.

Benjaminis

Hi Benjaminis,
Why did you enter those 2 trades?
Thx

I now only have 3 open positions of USD/JPY and if we have RISK OFF tomorrow or Friday because of Government Shutdown USD/JPY will head towards 112.00.

Bed Time Good Evening !!!


Benjaminis

1. First Post: Dec 3, 2016 10:30pm

 

1. BenjaminIs
2. | Commercial Member | Joined Dec 2014 | 2,844 Posts | Online Now

Good day fellow traders on Forex Factory. I have been trading Forex for over 10 years now and with the incredible movements on a monthly basis which has been caused by the intervention efforts of the world's central banks trading today is much different trading before 2008. Thus RISK MANAGEMENT must be a priority for any serious forex currency trader. You should never RISK more than 5% of your trading capital on any one trade plan. I also strongly suggest that you never trade more than 20% of your total trading capital at anytime. Example - If you are trading $50,000 in US Funds NEVER have more than 20% or $10,000 US Dollars on your various trade plans always using the 5% rule for risk on each trade plan being used.

The Money Flow Trading Method is based each trading day on Risk On or Risk Off which means are the markets heading down or heading up. I use the DOW to determine this each day. When the markets head down and we have Risk Off the money flows into US Dollars first and then the money is parked usually into US Bonds so the bonds go up and the yield goes down. Money also flows to USD/JPY. I will give more explanations when the forex markets reopen on Sunday. If you have any comments or questions please post them on this thread. Tomorrow we have two important events the most important being the referendum in Italy.

The results will move the markets whichever result we see. This is a Fundamental Fact and that combined with Technical Indicators as to Support and Resistance along with investor perception of the meaning of the results short term will lead the direction of the market. I will be thinking of going short on USD/JPY depending on the results of course and Risk being off.

Merry Christmas Forex Factory Traders


Benjaminis

http://davidstockmanscontracorner.co...growth-part-3/

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4. Apr 27, 2017 9:44am

1. BenjaminIs
2. | Commercial Member | Joined Dec 2014 | 3,400 Posts | Online Now

This piece was co-authored by Mike Bellafiore and Steve Spencer, co-founders and partners of SMB Capital.


Every week we hear from aspiring traders asking how they can best pursue their success. In this article, we would like to share insights we have gained through our collaboration at SMB, a proprietary trading firm in New York.


Each of us has been involved in the training of professional traders for well over a decade. Over that time, we have learned a great deal about factors that make for trading success and failure. Our overriding takeaway is that the development of trading expertise is not so different from the development of elite performance in other fields, such as athletics and chess. It follows from a sustained developmental process.


Unfortunately, aspiring traders find few structured outlets for professional development. Whereas first-class athletic teams and chess organizations cultivate talent through years of development (high school and college competition, youth leagues, tournaments for performers at different talent levels), there are few comparable developmental platforms for young people seeking to build knowledge and skills in financial markets.


One result of this lack of developmental focus is a high failure rate, especially among active traders. Studying the investing performance of all traders in Taiwan, Barber and colleagues found that the group lost an average of 3.8% per year and 2.8% of personal income. Moreover, evidence suggests that traders do not learn from their losses, with the majority of those losses coming from experienced traders with a history of prior losses. A review of research finds that traders demonstrate cognitive biases and trading patterns that lead them to under-perform market averages.


Still, our years of experience have also taught us that trading success exists across diverse ways of attacking markets and indeed can be cultivated through structured programs of development. The best known example of this has been the development of Tiger Cub money managers springing from Julian Robertsons Tiger Management. Close mentoring and the development of a distinctive investment style led to superior returns over a period of years. Similarly, successful investment banks such as Goldman Sachs have cultivated talent by creating an internal university that facilitates personal as well as professional development. Smaller firms, such as the one where we collaborate, run internship and training programs that provide hands-on learning and skills development, much as occurs at minor league, developmental baseball clubs.


So what distinguishes the successful training efforts of financial organizations? Our experience points to four distinctive elements:

A structured curriculum Medical schools offer an unusually clear view of the development of talent in performance domains. Every year, graduate programs of medical education produce competent professionals in fields as different as surgery, psychiatry, and internal medicine. Training begins with an undergraduate curriculum focused on basic science education. It then proceeds to observation and practice under experienced physicians followed by training in specialty fields. The curriculum thus addresses both knowledge and skill development, with sufficient time to cultivate high levels of skill. We have found it helpful to move new traders through three training programs in the first year, starting with a foundation of knowledge and proceeding through skill development in closely supervised simulated and live trading.

The integration of mentoring and coaching Consider successful athletic organizations in college basketball and football as well as professional sports. The most successful coaches act as teachers and mentors, structuring practices to drill skills but also addressing the psychological aspects of performance. In the Department of Psychiatry where Brett teaches, psychiatry residents learn psychotherapy by video recording their sessions and replaying them with different supervisors. The review of the tapes, similar to the film reviews basketball and football teams conduct to prepare for upcoming games, facilitates mentoring of skills and the coaching of the performers own psychology. We have found it helpful for traders to send daily reviews to both a mentor/teacher and a performance coach, so that each day serves as professional and personal learning.

The organization of learning in teams We have been struck by the success rates of efforts to train traders within the context of trading teams. Inexperienced traders taught basics and then left to learn on their own have a much lower success rate than those trading daily with their mentors and colleagues. Hedge Fund titan Kenneth Griffin Citadel, at Milken Institute Global Conference 2015, said, Frankly you cant succeed today in the markets unless youre a part of a great team. We agree. In medical education, the team concept is captured in the phrase each one teach one. Advanced medical students participate in training the beginners; interns supervise the advanced students; advanced residents supervise the interns; and attending physicians supervise the advanced residents. When each student is also a teacher, learning opportunities are multiplied. For example, we have seen particular success with junior traders building technology for senior traders to expand trading opportunities, while senior traders share their expertise with junior traders with respect to exploiting those opportunities. Similarly, junior traders who have mastered a specific trade setup may work narrowly with trainees on this opportunity, much as senior medical students mentor more junior ones in focal areas of experience.

Data based recruitment of talent Success in performance fields starts with raw talent and proceeds with skill development through deliberate practice. Successful organizations recruit talent to ensure they are building on a solid base. Professional sports teams, for example, will measure the speed and athletic skill of prospective players. One joins an Olympic team only after having demonstrated prior success and development. Our internal research finds that unique cognitive and personality strengths distinguish traders with different strategies: successful investors are unlike successful daytraders; successful traders of macro markets are different from successful market makers and product specialists. One trader we work with is so fast with trade execution that a market making firm needed to place 'guard rails' on the firm's order flow, as that trader was implementing decisions more quickly than their system could handle. A trader like this should gravitate toward short-term strategies that reward fast thought and action. Development is accelerated when training begins with students who possess the strengths required by their specific performance domains.
So what does this mean for aspiring traders? One important implication is that silos dont work. Each one, teach none is a formula for failure. The aspiring trader should look for training within organizations that actively foster the development of new talent. Learning curves are greatly accelerated through mentoring, coaching, and teamwork.


A second implication is that trading truly is like medicine or sports, embracing many distinctive performance domains. What makes a good basketball player is different from what makes a good gymnast. What makes a great surgeon is not what makes a superior psychiatrist. Training programs not only impart knowledge and skills; they also facilitate self-discovery. Even within basketball or gymnastics, one typically specializes in particular positions or events. In a medical specialty such as psychiatry, one may find a focus in psychopharmacology, psychotherapy, or child and family intervention. Via training, we discover where our passions and talents lie, and we cultivate those through structured learning, mentoring, and coaching with other specialists. Much of trading success consists of finding one's niche within financial markets.

In short, the aspiring trader is best served by not trying to go it alone. Young athletes dont try to make the Olympics on their own; nor do they join professional sports teams that way. Early career talent requires well structured developmental platforms that turn potential into performance. Those platforms exist at hedge funds, investment banks, and proprietary trading firms--and they are succeeding.

REALITY VS PERCEPTION

KNOW THE REALITY AND HAVE AN EDGE !!!

 

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4. Sep 7, 2017 8:10pm

1. BenjaminIs
2. | Commercial Member | Joined Dec 2014 | 3,401 Posts | Online Now

http://www.zerohedge.com/news/2017-0...etting-nervous

The Bubble Is Now So Massive Even Wall Street is Getting Nervous
http://www.zerohedge.com/sites/defau...ture-20289.png
by Phoenix Capital...
Sep 7, 2017 9:11 AM

The market bubble has become so massive that even Wall Street is nervous.


To be clear, investment banks do best when stocks are in a bull market. And they love bubbles because it means more M&A, IPOs, dead offerings, stock issuance and other deals from which they derive their revenues.

So for Wall Street CEOs to openly start warning that the market is in a bubble… they have to be really REALLY nervous about what they’re seeing... and know that a stock market crash is coming

On that note this week, not one but TWO major bank CEOs warned about the markets.

First was Deutsche Bank CEO John Cryan with the following nugget:
“We are now seeing signs of bubbles in more and more parts of the capital market where we wouldn’t have expected them," Cryansaid, adding that the interest-rate policy has been partly responsible for the decline in earnings at European banks. “I welcome the recent announcement by the Federal Reserve and now also from the ECB that they intend to gradually bring their loose monetary policy to an end.”


Source: Bloomberg.
This, in of itself, is extraordinary. But then we have Lloyd Blankfein, CEO of Goldman Sachs stating the following during the same week:
“When yields on corporate bonds are lower than dividends on stocks, that unnerves me," the Goldman Sachs chief executive said during an interview Wednesday that was broadcast at a European banking conference in Germany and on the internet.
Source: CNBC


So we have not one, but TWO Wall Street CEOs warning that the market is in a bubble. And we all know how those end: in a stock market crash./ This is truly staggering. And it indicates that those at the top of the financial system are actively preparing for what's coming.


A Crash is coming…

And smart investors will use it to make literal fortunes.

We offer a FREE investment report outlining when the market will collapse as well as what investments will pay out massive returns to investors when this happens. It's called Stock Market Crash Survival Guide.

We've reopened this report to the public for 24 hours based on the warnings from Wall Street CEOs.

But today is the last day this report will be available.
To pick up one of the last remaining copies…
CLICK HERE!
Best Regards
Graham Summers

Chief Market Strategist
Phoenix Capital Research

IMPORTANT TO UNDERSTAND THIS FOR 2018

http://gainspainscapital.com/2017/12...llion-qe-2018/


Benjaminis

THE GREATER FOOL THEORY - REALITY VS PERCEPTION

PLEASE READ TO BE AWARE !!! 65% off of 25,000 will be under 10,000 JUST IMAGINE !!!


https://www.hussmanfunds.com/comment/mmc171218/


Benjaminis

https://www.tradingview.com/x/vsjzjW8g/

Good Day or Evening or Morning

The time is 11:31 PM New York Time

Have a look at my Demo Account...

I will post around 6:30 AM about 7 hours from now.


Benjaminis

https://www.themaven.net/mishtalk/ec...vkW_N8e3_Cp-Ow

http://www.zerohedge.com/news/2017-1...ops+to+zero%29

Hello Folks !!!


Benjaminis

https://www.zerohedge.com/news/2017-...ops+to+zero%29

THIS IS HOW WE SEE INTO THE FUTURE - HAPPY NEW YEAR

PLEASE READ AND GIVE YOUR COMMENTS !!!

Thank You


https://wolfstreet.com/2017/12/30/fl...ets-qe-unwind/


Benjaminis

https://www.hussmanfunds.com/comment/mmc180101/

PLEASE READ AND POST YOUR FEEDBACK !!! Thank You...


Benjaminis