Whats your best money management method? 52 replies
How to flow with the order flow? 26 replies
Money Management / Risk Management 24 replies
Money management model for multiple strategy trading method 16 replies
Most popular money management method. 7 replies
DislikedGood Morning BenjaminIs, Did not you get any chance on weekend to reply my quories you promised?? Plz advise about my user ID & PW were ok?? and plz let me know how/where To start to learn your best/proven strategy, “MONEY FLOW METHOD”. Thanks & Take care. loveandpeaceIgnored
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On the technical front, following the recent greater than expected releveraging by CTAs to the long side, there is a lack of systematic trend “covering flows” at current levels, after having cut prior “Max Shorts” across Global Equities in-half over the past two weeks; this also means that the next wave of "buy triggers" is currently well above current spot market levels, so there is little risk for another forced short squeeze event.
Last, and perhaps most importantly, on Jan 30, there is a significant Fed quantitative tightening/balance sheet run-off event, which as per the "chart that every trader should have taped to their screens"...
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... sees a major $7.5 billion MBS maturation from the SOMA/QT Calendar at -$7.5B of maturation — which as Nomura has documented since last July has corresponded with a major negative S&P, and positive VIX weekly change.
The good news is that even if he is correct, McElligott concedes that after the imminent “peak pullback risk” over the coming week, there are catalysts for another short-term rally immediately after due to the
The buybacks were a waste because valuations are insane. We did get something out of this: more debt.
The CBO says GOP Tax Law Will Add $1.9 Trillion to Debt.
According to the report, the tax law would cost the government $2.3 trillion in revenues, but economic growth would offset that figure by about $461 billion.
And as tax cuts go, this one was hugely one-sided. The middle class got peanuts.
The growth won't happen and the lost revenues will likely be worse. There were no spending cuts, and we did not even see the typical lie both sides employ: "This will pay for itself".
I am in favor of reduced taxes. But I am also in favor of balanced budgets.
Republicans are always in favor of spending cuts, provided Democrats are in charge.
Mike "Mish" Shedlock
Monthly Gold Forecast Chart – Posted October 2018
Back in early October 2018, we shared this chart with all of our followers suggesting that Gold and precious metals would rally to above $1300 near December/January using our Adaptive Dynamic Learning predictive modeling system. We’ve been suggesting to our followers for many months that Gold, Silver, and miners would begin a new upside price swing, yet we knew the big breakout moves were still many months away.Todays Updated Monthly Gold Chart
Now, take a look at the current Gold chart below with the same ADL levels displayed on it. Notice how price moved towards the DASHED lines almost perfectly in alignment with our predictive modeling results? Yes, the move in December was a bigger upside swing compared to the previous few months, but that is what happens when a “price anomaly” sets up with the ADL system. When the price falls “out of alignment” with the ADL predictions, we call this a “price anomaly”. This is when the price may quickly rally or sell-off, depending on the direction of the anomaly, to attempt to catch up to the mathematically predicted price levels.Daily SP500 Index Chart
If our analysis is correct, the US markets will settle into a melt-up format where global capital continues to pour into the US stock market in an attempt to avoid risks associated with global market slowdowns and events. This “capital shift” will continue to play out for the first 2 quarter of 2019 without much interruption. Our ADL predictive modeling system is suggesting that by May/June of 2019, precious metals should start to rally above $1400 and that means something is going to cause fear in the markets. It could be the US Presidential election cycle spinning up or it could be something external – we don’t know yet. We do know that the Brexit date, March 29, 2019, is likely to spark some renewed fears in the global markets and we are eagerly watching the news cycles to see what is next.In these spontaneously-created protests, hundreds of thousands of citizens take to the streets each weekend, burning cars and generally behaving as irresponsibly as their government.
And yet, their central demand is entirely justified – they recognize that, in the government’s eyes, they’ve become milk cows and they’ve demanded a reversal in taxation.
In response, the government has offered a half-hearted suspension of the new tax in a manner and tone that’s ominously reminiscent of “Let them eat cake.”
So – socialist/globalist France appears to be imploding. Is it time to dust off the guillotines?
Well, we may not be at that point just yet, but neither are we far off.
The EU experiment is nearing its sell-by date, the French government is broke. The State has flung the doors open to tens of millions of refugee immigrants, and made the commitment to pay their way, with funding that simply doesn’t exist.
Although the French people may not be aware of it, these are in fact, “the good old days.” What’s headed their way will be decidedly more oppressive and more chaotic.
At present, although there’s considerable anger and disruption in the streets of France, the proletariat are not quite ready to storm the Bastille, but that would take little additional provocation at this point.
But, it’s important to note that, in 1789, once this had occurred – once blood had been spilt and the head of Governor de Launay had been raised upon a pike, the die was cast and Mr. Robespierre would soon turn beheading into a cottage industry.
Whenever we see such developments brewing, it’s wise to review previous historical events. If we do so, we find that revolutions do not come as pronouncements, followed by troops in different-coloured coats marching off to battle to determine the winner.
Revolutions begin with mounting dissatisfaction by a small percentage of a people, then are triggered by an angry moment in time, from which there is no return.
France may be only one event away from this eventuality. And if we recognise this, we can more easily gauge how far away other countries may be.
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Clearly, there are many strange things afoot in the world. Distortions of markets, distortions of culture. It’s wise to wonder what’s going to happen, and to take advantage of growth while also being prepared for crisis. How will you protect yourself in the next crisis? See our PDF guide that will show you exactly how. Click here to download it now.
Quoting loveandpeace
Hi BenjaminIs, this is my personal and humble opinion, would not that be better to OPEN a LIVE with MICRO account, you know what I mean, you know better than anyone, the difference between Demo and Live account. what's your expert opinion about GOLD/SILVER, nowadays, is this the right time to buy them(physically)??
Good Morning my friend.
Your questions are excellent and right to the point. The SECRET to being a successful Forex trader is by learning to trade by removing FEAR and GREED and your EGO most of all.
The market is always right. There are no exceptions to this rule. If you cannot make profits of 5% each month that you trade Forex there is something wrong. 95% of all Forex traders both commercial and retail lose their capital and the second part of my answer to you involves capital that you trade with.
I have traded real funds since March 9, 2006 to be exact. Whenever I traded with $5000 US dollars , I lost my money. When I traded with $10,000 US dollars I would eventually have the same results. I have determined through trial and error with real funds that $50,000 US dollars must be the minimum amount.
Why is this ? The KEY to trading Forex with leverage of 100 to 1 is RISK MANAGEMENT.
My foolproof solution is to never trade more than 20% of your capital funds at any one time. So I never use more then $10,000 US dollars in my Forex trading account while trading. Since the MAXIMUM LOSS for each Forex Trading Plan is 5% of your trading capital as long as you win over 50% of all your Forex trades and have a STOP LOSS of $1000 US dollars on any open trading contract it is impossible to lose more than 5% of your trading capital for any of the 5 Trading Plans already established until March 31, 2019. Please post here any follow up questions that you have.
The second part of my RISK MANAGEMENT plan that always works as long as the Forex trader can control their FEAR and their GREED.
That is done by having the 100% rule that no one Trade Plan can lose more than 5% of their Forex trading capital. I decide every three months which are my 5 Forex Trading plans.
Until March 31, 2019 the five Forex trading plans are as follows;
(1) SHORT US30 (Dow 30)
(2) SHORT SP500
(3) Long Gold
(4) Long Silver
(5) SHORT USD/JPY (CORRELATION FOREX TRADE)
We trade NO OTHER Forex currency or CFD. (Contracts for Difference)
The next KEY is using my self developed over 16 years MONEY FLOW METHOD.
What does that mean ? Each day when we see at the start of the trading day which is set as 8:30 AM Eastern Standard Time or GMT plus 5 then we know at that moment by looking at the DOW FUTURES whether we have RISK ON or RISK OFF. Of course in this trading environment this can change in seconds.
This leads to another KEY FACT about Forex traders that depend mainly on Technical Indicators. If you do that then you are guaranteed to lose money trading Forex. You need to first factor in MONEY FLOW as the first fundamental that you use. Each day we will see MONEY FLOW from Bonds to Equities or the other way around if we have RISK OFF. The largest market in the world are the Bond markets.
This post should give you good starting insight into my proven 100% Forex trading method. I have traded one account at the start of my Forex trading career with real funds that had $100,000 US dollars in the account. I traded this account for exactly 35 days and my Net Profit was over $19,000 US dollars and my winning percentage of my Forex trades was over 75%. I have been an introducing broker for FXCM in New York and Questrade in Toronto and AVA Trade in Ireland.
I need to watch your Forex trading for 90 days in order to see if you have first the DISCIPLINE to be any kind of trader whether Commodity or Equity trader.
I need to see if you can deal with your FEAR and your GREED. Your results will show me and yourself that.
The only way that I can teach anyone is through communication. That is why it is essential that anyone here that really wants to learn must post on this thread with their questions. You questions today led to all of my answers.
Thank you very much for your interest and attention.
Benjaminis
BWM