Dear friends,
The only rule I have for being a part of this thread is that you must be respectful and kind to others. This means no putting other people down. Speak only that which builds up is a good motto for this thread.
I want to share a very profitable and very simple method of trading with you.
My name is Mike and Ive been trading currencies for over 10 years. Throughout that time I have made many mistakes and learned from them (you can still see some of my old threads on here, all of which I view as mistakes that I have learned from). Ive also discovered how to trade successfully, learning from many of you along the way. So I have opened this thread to share not only my method of trading, but to help you avoid the mistakes I made and to shortcut your education track to profitability. I also hope to continue to learn from others, as we all interact together.
I am an airline pilot flying the Boeing Dreamliner 787 as a captain. In my 35 years of flying Ive learned that to be a good pilot requires that we master the basics. Our main rules are: aviate, navigate, communicate. This means we must always fly the airplane (aviate), never allow ourselves to be distracted from this main rule. Secondly we are to know our course and stay on it (navigate) so that we avoid terrain and other aircraft. Finally we must be in touch with Air Traffic Control (communicate) so as to obey their instructions and receive their help if needed. These are the basics, and we who fly practice them every single flight.
Trading is like flying. There are some basic rules that must be learned and applied. It is my goal to share those rules, and encourage us all to fly right by applying them each and every time we trade. We want to get to our destination successfully, and to do so requires us to master the basics and not violate trading laws.
My method of trading has a risk/reward ratio that is literally 1 to several hundred, sometimes less, sometimes much more. It consistently pulls 500-1000 or more pips out of a 100 pip move, all with a very small risk. How is this even possible? Its one of the rules of High Flying Trading, and I will be providing you with illustrations of this rule, as well as teaching the other rules, as we proceed along together.
In this business, like flying, knowledge is power. In order to be successful traders we must continually be thinking, studying and growing. We must learn from our mistakes and learn from our successes. Think of needing to get a doctorate in trading in order to be successful, and that amount of learning requires much time and effort. Dedicate yourself to diligent study, careful learning from mistakes, and ongoing development of yourself in all areas.
My method of trading is simple, very simple. One indicator only. It can be traded on any time-frame with any instrument that moves and trends. It can be traded in Frankfurt and London, New York and Asian time periods. And while you will find it extremely simple, trading is an art that can only be mastered through much effort and time. If you're willing to put out some effort in study, sharing what you learn along the way, then come and study with me.
Sit back, relax, and enjoy the flight.
More to follow as able
The only rule I have for being a part of this thread is that you must be respectful and kind to others. This means no putting other people down. Speak only that which builds up is a good motto for this thread.
I want to share a very profitable and very simple method of trading with you.
My name is Mike and Ive been trading currencies for over 10 years. Throughout that time I have made many mistakes and learned from them (you can still see some of my old threads on here, all of which I view as mistakes that I have learned from). Ive also discovered how to trade successfully, learning from many of you along the way. So I have opened this thread to share not only my method of trading, but to help you avoid the mistakes I made and to shortcut your education track to profitability. I also hope to continue to learn from others, as we all interact together.
I am an airline pilot flying the Boeing Dreamliner 787 as a captain. In my 35 years of flying Ive learned that to be a good pilot requires that we master the basics. Our main rules are: aviate, navigate, communicate. This means we must always fly the airplane (aviate), never allow ourselves to be distracted from this main rule. Secondly we are to know our course and stay on it (navigate) so that we avoid terrain and other aircraft. Finally we must be in touch with Air Traffic Control (communicate) so as to obey their instructions and receive their help if needed. These are the basics, and we who fly practice them every single flight.
Trading is like flying. There are some basic rules that must be learned and applied. It is my goal to share those rules, and encourage us all to fly right by applying them each and every time we trade. We want to get to our destination successfully, and to do so requires us to master the basics and not violate trading laws.
My method of trading has a risk/reward ratio that is literally 1 to several hundred, sometimes less, sometimes much more. It consistently pulls 500-1000 or more pips out of a 100 pip move, all with a very small risk. How is this even possible? Its one of the rules of High Flying Trading, and I will be providing you with illustrations of this rule, as well as teaching the other rules, as we proceed along together.
In this business, like flying, knowledge is power. In order to be successful traders we must continually be thinking, studying and growing. We must learn from our mistakes and learn from our successes. Think of needing to get a doctorate in trading in order to be successful, and that amount of learning requires much time and effort. Dedicate yourself to diligent study, careful learning from mistakes, and ongoing development of yourself in all areas.
My method of trading is simple, very simple. One indicator only. It can be traded on any time-frame with any instrument that moves and trends. It can be traded in Frankfurt and London, New York and Asian time periods. And while you will find it extremely simple, trading is an art that can only be mastered through much effort and time. If you're willing to put out some effort in study, sharing what you learn along the way, then come and study with me.
Sit back, relax, and enjoy the flight.
More to follow as able