The Equilibrium, a key to success!

Finally Bionic candle for the MT5

Hello dear traders,

At the end of 2018 I made the Bionic candle available to all traders free of charge and so far this quick price indicator has been downloaded over 20,000 times. Next week I will make the Bionic candle available for the MT5, but only in a basic version.

I wish you a great weekend.

Greetings Michael

Your way to become a profitable trader

Hello dear traders,

Today's post is about the path to becoming a profitable trader, but that is anything but easy, as you will quickly see. In the last months I have published 56 videos on the subject of profitability. In principle, successful trading consists of many individual pieces of the puzzle that a trader has to put together individually based on his or her skills. There are so many things to consider at the same time, that we could spend many months, dealing with them in detail. The fact alone that over 90% of all traders lose in the long term shows how demanding this profession is. It is not enough to hope for a fair chance with a laptop and a moving average. But with the necessary background knowledge and a strategic probability, the breakeven point is within reach.



I wish you a great week

Greetings Michael

Mindset or setup

Hello dear traders,

Many trading coaches always talk about mindset and how important it is in trading. Can you compensate for a lack of expertise and a trading setup with a good mindset or is it all just marketing to make a lot of money? Is it actually possible to beat the big players on the stock market with just your thoughts and attitude and thereby become financially independent? In today's post we will analyze what priority the mindset actually has in relation to trading expertise and trading setup. You'll be amazed at what comes of it.



I wish you a great week

Greetings Michael

Strategic money management

Hello dear traders,

As we all know, success in trading can be influenced with the help of probabilities. In order to use the efficiency of the probabilities optimally, a trader needs the corresponding numbers. As a Formula 1 driver, it is no longer enough just to know his lap times, the telemetry data that shows the driver exactly where he made mistakes is crucial. The money management data for the trader are comparable to the telemetry data in Formula 1. Interestingly, money management is still receiving far too little attention in trading, which may explain the still high loss rates in the retail sector. Imagine you're a pilot and start your plane in Frankfurt to fly to New York. You only rely on the flight view, do not use a compass or a navigation system.



I wish you a great week

Greetings Michael

Avoid the trap


Hello dear traders,

Due to the massive imbalance between big players and retailers, our risk in the market is disproportionately high. The big players have a clear and strategic approach designed to keep trapping us retailers. And indeed, we keep falling for their strategies. Today we will talk about how we can significantly reduce this risk and at the same time optimize our money management.



I wish you a successful week

Greetings Michael

Emotions Psychology in trading

Hello dear traders,

Today's post is about the most important point why so many traders lose. The reason for this lies in our emotions, which are not sufficiently trained and educated when it comes to trading. These emotions are not only responsible for our losses, but also for our gains. The biggest problem is that most traders are unaware of these emotions. How can you change something if you don't even know that you have to change something. In today's video we will deal with the measures you can take to get these emotions under control in the long term.



I wish you a successful week

Greetings Michael

Trading Coach revealed

Hello dear traders,

In the last few months, new trading coaches have been springing up and offering their pointless trading seminars with unfair methods. If you watch the videos, you see successful traders driving their sports cars home to their happy advertising families in the evenings. Word should have gotten around that this type of advertising is anything but realistic. Some incompetent trading coaches are being exposed right now, so it's a good time to warn you again.



I wish you a successful week

Greetings Michael

The "What if plan" in trading

Hello dear traders,

Imagine you are about to enter a trade and you now want to set your stop. Suddenly you find that your mouse is unresponsive. The trade starts going heavily negative against you. You think maybe it's the mouse's power supply and start frantically looking for batteries. Thank God you can still find new batteries and swap them out quickly. Meanwhile, the trade is still going strong against you and would have hit your stop long ago. The new batteries are installed and you try to close the trade, but the mouse still does not respond. When we are in trade, there are some situations that make us lose control of our trade. This loss of control is anything but good and at this moment the stress factor increases to unimagined heights. There are some factors that can trigger such a situation, which we will talk about today. We need some kind of contingency plan for that.



I wish you a successful week

Greetings Michael

Full time trader

Hello dear traders,

In today's post I will show you how you can switch to your main job as a part-time trader within four years. We will take a closer look at the requirements required for this and calculate them. I'll also show you why you don't need a lot of capital to make ends meet. In addition, I will show you why the win rate has a significant impact on the new trader tax and how you can optimize it. All in all, today's topics are very exciting.



I wish you a successful week

Greetings Michael

Finally a non-smoker as a trader


Hello dear traders,

On the occasion of my 100th video, we'll take a trip to a completely different area and talk about how it's easier for traders to become non-smokers or how smokers can save a few €10,000. Our state is becoming more and more greedy and after the new trader tax was introduced, a new and interesting tobacco tax follows. In addition to health, a good reason to stop doing it. But that's easier said than done for many and that's exactly what you'll get some tips for today. If you are a non-smoker yourself, you may know someone you can help with this post.

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This video is about quitting smoking forever. This is not easy as you cannot simply reduce the nicotine content of a cigarette. This works with the e-cigarette, but only if you put the liquid together yourself. I have created an Excel spreadsheet for you so that you can determine the values yourself. You can also determine the resulting financial benefits immediately. Here you find the Excel spreadsheet.

https://www.forexfactory.com/thread/post/14192115#post14192115

If you are not registered with Forex Factory, watch this video first

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I keep my fingers crossed that you manage to quit smoking and I wish you good health as well as success in the trade.

Best regards, Michael

Big Player the big secret



Hello dear traders,

although the world's biggest big players are required to keep balance sheets, they are still able to obfuscate their trades in a way that even a professional couldn't see through. In today's article we will evaluate Goldman Sachs' balance sheet very strategically and complete it from a logical point of view. Things come to light that even I didn't expect. Based on the evaluation of the last twelve years, we can draw conclusions about how the big players will proceed in the future. And with this informations we are able to adapt and align our strategies in order to optimize our profit quotas in the future.



I wish you continued success in trading.

Best regards, Michael

Currency exchange extreme

Hello dear traders,

in today's article we will deal with currency exchange transactions, which often fool us traders into a false truth. Although a big player shoots massive market buy orders into the market, the price immediately falls sharply afterwards and we wonder how this can happen. I will also show you why the biggest big players in the world would never trade in the futures market and what to look out for when identifying a currency exchange transaction. In addition, I will show you why a footprint chart does not help us in retail. With over $8 trillion in daily turnover, the Forex market is the largest in the world. Compared to the global stock markets, the forex market is 20 times bigger.



I wish you continued success in trading.

Best regards, Michael

Invisible Stop Loss

Attached Image (click to enlarge)

Hello dear traders,

which of us hasn't it happened to? We are stopped out and right after that the price turns in our traded direction. Is it all right here or are we just a plaything for the broker. Everyone has certainly asked themselves this question and today we will deal with it exactly. What options do we have to protect ourselves from being stopfished by a broker and what measures should we take in relation to this?

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In addition, we are talking about an interesting trading tool that supports us very flexibly in trading and that you can download here. This tool is interesting because you can use it to hide your stop loss from the broker in the future. You can find all further information and the indicator on my German channel.

https://www.forexfactory.com/thread/...4#post14211364

If you are not yet registered with Forex Factory, watch this video first

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I keep my fingers crossed that you will soon be able to work with an invisible stop loss and wish you continued success in trading.

Best regards, Michael

Function of the algorithms

Hello dear traders,

in today's post we will look at how a retail trader is able to use the algorithms to read the individual processes of the big players. There are a few prerequisites for this, which I will go into in detail today. Of course, you need the right technique for this, which I have talked about again and again in my numerous videos. Algorithms are increasingly dominating the market and helping the big players to achieve their goals faster and more effectively. For this reason it is important to deal with it carefully. Every day, several million traders are looking for different patterns that signal clear entries and exits. However, the loss rate of 88% speaks for itself.



I wish you continued success in trading.

Best regards, Michael

Holy Grail in Trading

Hello dear traders,

The Holy Grail has been mankind's most sought-after cult object for over 2000 years. According to legend, it is a vessel from which Jesus Christ is said to have drunk at the Last Supper. This vessel promises power, salvation and eternal life. The holy grail of the stock market promises profits in the millions without risk. In today's post, we're going to simulate a holy grail on the stock market and see what happens then. The result is more than surprising.




I wish you continued success in trading.

Best regards, Michael

RIP Futures at the end

Hello dear traders,

In February 2022, Bafin issued a press release on the future protection of private customers in the futures sector. In today's video we will look at why the futures are now being attacked and whether the futures still have a chance in Germany in the future. Of course, we will also talk about alternatives. First of all, many self-proclaimed trading coaches have a large part in the Barfin interventions, why this is the case, we will also look at this video. If we look at the restriction of CFDs from 2018 and the trader tax 2020, one could get the feeling that the government is targeting the traders. But that has more to do with the issue of investors than with us traders.



I wish you continued success in trading.

Best regards, Michael

Beware of these trading coaches

Hello dear traders,

In the last few weeks, I have received many inquiries about my opinion on certain trading coaches. Unfortunately, there is still no independent comparison test in this market to find the best trainer. That's exactly why I want to give you some tips that can potentially save you a lot of money in the future. I can only give you these tips because I am not a trading coach myself. Since I have worked successfully as a trainer in the field of financial intermediaries for more than 20 years in the past, I have the appropriate experience of what is important in coaching. First of all, I was very surprised at the disproportionately high costs that most trading coaches are calling for.



I wish you continued success in trading.

Best regards, Michael

Most effective candle on the market

Hello dear traders,

Candlestick formations used to be a reliable indicator in trading, but with the advent of trading algorithms, these patterns have become increasingly ambiguous. This resulted in a new type of candle that follows this algorithmic approach of institutional traders. In today's post we will talk about these candlestick algorithms and their advantages. The big players work with algorithms that make it easier for them to control individual market and limit orders. These algorithms are very difficult to program because they have to ensure communication between the individual order types. There are algorithms that scan the market for certain anomalies, e.g. hidden stops, and there are algorithms that trigger specific trading strategies. In the event of a breakout, market orders are fired into the market and at the same time the limit orders that would be holding up your own market orders are withdrawn. In order not to have to program new algorithms every day, the internal processes remain within the algorithms. For this, the big players create invisible price zones in the market, which are simply shifted depending on the situation. This means that the algorithms can only be moved to a different price level and continue to follow their programming. For this purpose, an algorithm candlestick was developed, which makes it easier to identify the invisible price zones of the big players and to determine possible trend reversals with a higher probability.




I wish you continued success in trading.

Best regards, Michael

Calculate turnaround beforehand

Hello dear traders,

In the last post we learned about the benefits of the Bionic Candle and how to identify invisible price zones. Today we talk about some backgrounds that are crucial to generate future market advantages from it. In a normal candle chart, we cannot see the current strength within the candle. We will take a closer look at why this works with the Bionic candle. In addition, we will identify other key zones on the chart and see how the price reacts to them.



I wish you continued success in trading.

Best regards, Michael

Trading is clear fraud

Hello dear traders,

there are always voices claiming that trading is mostly cheating as most traders lose. To what extent these statements are correct, we will use data and facts to check in today's article. Very interesting things come to light, which even I would not have expected beforehand.



I wish you continued success in trading.

Best regards, Michael