Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.


Tricks to Winning the Markets This Year

Recommended Posts

“Trading is one of the oldest concepts on the planet and that’s an advantage to your new business. You don’t have to reinvent the wheel. What you have to do now is create a written set of instructions to your brain. Instructions that will turn your concepts into cash. Think of your business plan as Cliff Notes on “How to make money by trading!” because that’s what it will be once it is completed. Since only the best traders have the discipline to make such a plan, you’ll have one of the “edges” you need to compete alongside the top market makers and traders.” – Dr. Van Tharp (Source: Vantharp.com)


Based on many years of trading and research in the markets, I’d like to share some tricks with you. I hope the tricks would help you become triumphant as a trader.



In Forex markets, it’s far better to be a trader rather than be an investor. It’s more preferable to make money when there is a strong uptrend or a strong downtrend. When an investor is experiencing drawdowns, a trader who’s good at timing entries would be raking in profits.


When a permabear is being pummeled in a market that suddenly becomes bullish, going protractedly northward, a trader that has a good system, who is good at timing entries would be raking in profits.


A trader goes long in a bull market and goes short in a bear market, truncating their negativity when caught in a wrong direction. On the other hand, an investor makes money only in a bull market.


In the modern markets, it makes more sense to be a trader, not a permabull nor a permabear.


Go short in bear markets and go long in a bull markets. Don’t buy and hold because a bear market can hold out longer than your portfolio may carry it. You can receive margin calls in the process. Strong pullbacks on Bitcoin is a good example.




For example, a strategy that follows the trend would work well in a market that trends very well like, USDCNH, Bitcoin, Gold, Silver and other currencies that trend very well. It doesn’t mean that these trading instruments don’t experience consolidations, but it means they tend to trend more than other instruments like USDJPY and EURCHF. When you use a trend-following strategy on an instrument that tends to trend well, your results will improve.


There are also better results when a trend follower trades on an instrument which tends to move fast.


When you scalp, you would do well on trading instrument that moves slowly or tends to consolidate, just like EURCHF and EURGBP.


When you’re scalping in a highly trending market, your results can be worsened.



Locate the right environment for your trading system. Some trading systems perform well on Tuesdays to Thursdays only. Some perform well on Mondays and Fridays only. Some systems perform well from October to April only, while some systems perform well on May to September only. Some perform well during Asia sessions.


Please find the best months or weeks or days or times for your strategies. Find the best market conditions for your strategies and try to avoid periods and conditions that may not be favorable to you.



Please don’t forget to use stops and risk very small per trade. Those who think they’re smart enough to avoid stop and low lot sizes, will eventually learn bitter lessons, no matter how good their strategies are.


I end this article with 3 quotes from great traders:


“Staying on the right side of the market is not always easy. But when it is, keep riding the easy move up while having a plan in place to protect your capital when the inevitable big pullback comes.” - D.R. Barton, Jr


“The markets don’t always cooperate with you. The winning trader is the person who questions a trading plan before executing it. He or she tries to anticipate what could go wrong, and thinks of ways to work around these potential setbacks. Being a healthy skeptic can be difficult at times, but the cautious optimist usually ends up making the most profits in the end.” – Joe Ross


“A losing trader can do little to transform himself into a winning trader. A losing trader is not going to want to transform himself. That’s the kind of thing winning traders do.” - Ed Seykota



Source: http://www.tallinex.com

Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Topics

  • Posts

    • $IIPR (IIPR) Innovative Industrial Properties stock w/ bull flag breakout watch,

      analysis https://stockconsultant.com/?IIPR
    • another interruption in this busy thread... If you started in the 1990’s  prophesizing over and over again about a massive build up, and then crack up collapse, of fake ‘systemics’ ...  and if the ruin part didn’t happen yet. would you be ‘wrong’ ?
      Here’s an example https://usawatchdog.com/trend-is-clear-rapid-decline-of-world-economy-egon-von-greyerz/
      Is he wrong? ...
      And what if you started prophesizing that this time gold may not ‘save you’ like it has in past ‘global’ implosions? Would you be wrong?
    • https://www.theorganicprepper.com/china-data-mining/
    • Leverage is an investment strategy of using borrowed money — specifically, the use of various financial instruments or borrowed capital — to increase the potential return of an investment.Leverage can also refer to the amount of debt a firm uses to finance assets.
    • Date : 13th December 2018.

      MACRO EVENTS & NEWS OF 13th December 2018.

      FX News Today The stock rally continued during the Asian session – Nikkei gained 0.99%. Chinese markets outperformed as markets are growing more confident about the future of US-Sino trade relations amid reports of the first major soya bean purchases from China in a while. Also there are signs that Chinese authorities may scale back its push for high-tech industrial development, which could be the first step towards honouring US demands for stronger protection of US intellectual property rights. UK PM May survived the leadership battle although that doesn’t mean of course that she will be able to ratify her Brexit deal. GER30 and UK100 futures are trading narrowly mixed – PM May heads to Brussels to try and get more concessions that would help her get the hated Withdrawal Pact past lawmakers. WTI crude settled in lower $51.0s after ebbing from upper $52.0s yesterday. USDJPY has remained buoyant amid backdrop of reviving risk appetite. EURUSD has been oscillating in mid-to-upper 1.1300s. Charts of the Day

      Main Macro Events Today SNB Rate Desicion and Conference – The central bank is expected to leave policy unchanged and to repeat that the situation remains fragile as the currency remains “highly valued”. SNB continues to tread carefully amid heightened uncertainty, geopolitical risks and protectionist threats. ECB Rate Desicion and Conference – ECB is set confirm the future of QE and the re-investment schedule amid ongoing market turbulence and mounting political risk in Europe. ECB is expected to hold out for phase-out of QE by the end of the year, as planned. US Unemployment Claims – Expectation – Initial jobless claims are estimated to decline 6k to 225k in the week ended December 8, after falling 4k to 231k in the week of December 1. Support and Resistance Levels

      Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

      Please note that times displayed based on local time zone and are from time of writing this report.

      Click HERE to access the full HotForex Economic calendar.

      Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!

      Click HERE to READ more Market news.

      Andria Pichidi
      Market Analyst

      Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.

Important Information

By using this site, you agree to our Terms of Use.