Category: Traders’ Secrets

Traders’ Secrets is something that everyone would like to know, right?
How is it possible that some traders are successful all the time while others fail to make a profit all the time?
That is exactly what Traders’ Secrets will show you.
Traders-Paradise’s team reveal all trading and investing secrets to you, our visitors.

What will you find here?

How to find, buy, trade stocks, currencies, cryptos. You’ll find here what are the best strategies you can use, all with full explanation and examples.
Traders-Paradise gives you, our readers, this unique chance to uncover and fully understand everything and anything about trading and investing. The material presented here is originated from the experience of many executed trades, many mistakes made by traders and investors but written on the way that teaches you how to avoid these mistakes.

Moreover, here you’ll find some rare techniques and strategies that are successful forever, for any market condition. Also, how to trade with a little money and gain consistent returns. By following these posts you’ll e able to trade with greater success. You’ll increase your profits and your wealth, of course.

The main secret of Traders’ Secrets is that there shouldn’t be any secret for traders and investors. Rise up your trade by reading these posts, articles, and analyses!

You’ll enjoy every word written here. Moreover, after all, your trading and investing knowledge will be more extensive and effective.

Traders’ Secrets will arm you with those skills, so you’ll never have a losing trade again.

Cryptocurrency Addiction Is A Real Thing? No, s**t!

The experts recognize seven of the most common signs you might be a crypto-addict.
If you recognize these symptoms, be careful but enjoy the trading.

1 min read

Cryptocurrency addiction exists in reality. Do you feel sometimes that you are holding your life all with one bobby pin? Till the moment you check Bitcoin’s price when you wake up in the morning?

Yeah? I know that feeling.

And the price of Bitcoin is the last thing you look up before you doze off at night?

And it is difficult to pay attention to conversations unless the topic is blockchain?

And you always keep a CoinMarketCap tab open in your browser?

Well if you are such case, I don’t have good news for you: you might be suffering from a cryptocurrency addiction.
You don’t believe? I was shocked!!!

Bizarre new addiction!!!

A group of Scotland-based behavioral therapists claims that you can take measures to curb your unhealthy habit of cryptocurrency trading. Good luck with that!

Experts from rehab clinic Castle Craig Hospital (Scotland), recently expanded

their gambling addiction program to help people battle against obsession with trading digital currencies

.

The experts recognize seven of the most common signs you might be a crypto-addict.

* You are spending a great deal of time on the trading in cryptocurrencies, checking prices so that other occupations such as work, exercise or socializing are on second or third place or not get done

* You have debts and financial problems due to the losses incurred when gambling.

* You are lying to friends and family about activities or problems ( for instance you are hiding the amount of time spent online trading).

* Your mood swings, feelings of hopelessness and depression.

* You feel anxiety and you have physical symptoms such as sweating and tremors.

* You have unrealistic views such as being “lucky,” pursuing losses, in belief, it is your turn to win next time.

* You are attempting to control the activity without any success.

In a statement for thenextweb.com, the therapist, Chris Burn said: “The person trading may be unaware of these negative effects, especially if they are trading successfully and making profits. Major consequences such as bankruptcy, loss of reputation and self-respect can happen, sometimes with devastating speed.”

Everyone is prone to developing a crypto addiction

This means that remarking the symptoms might not always be enough to get you on the right track. Usually, addicts have trouble acknowledging such signs in their own behavioral patterns. That’s true!

According to this therapist, everyone is prone to developing a cryptocurrency addiction, even those trading for leisure. The problem is further exacerbated by liberal regulations and a low barrier of entry for traders.

You know, it takes few minutes to open an account on exchange desks.

“From our observations, people may begin trading in cryptocurrencies as a leisure activity, very part-time, but become hooked on the activity because of its addictive nature,” Burns explained “Unlike regular stock trading, cryptocurrency trading is poorly regulated, often poorly understood but exciting because of the big fluctuations in price that occur.”

So, what I suggest you do? If you recognize these symptoms, be careful and enjoy the trading.
What do you think? Is this possible? C’mon, tell us!

Risk Disclosure (read carefully!)

9th July 2018
The Dangers of Emotional Trading And How to Avoid That

2 min read

Trading is less a business and more psychology from which your success or vice versa on Forex market depends. Even if you have decided to switch to systematic trading, this does not diminish completely the dangers of emotional trading and emotional pressure when you are deciding a trade.

Often, Forex traders have the belief that only a complete absence of emotions can help during trading. Still, fear, uncertainty, greed, hope, faith, regret, and happiness inevitably follow the process of trade and may cause the dangers of emotional trading.

Combating emotions at the moment when your feelings overwhelm, means ignoring the sixth sense, intuition, and finally insight. And what happens? You have brain fog!

Why? It is known that emotions also transmit the flow of information to us. We are guided by this information, we behave under their influence. But this is given to us to control our emotions and to replace one’s feelings with others.

There are many ways to control emotions and avoid the dangers of emotional trading:

First, it is possible to change your emotions by concentrating on another object. As a rule, this method is very effective. The thing that attracts our attention becomes real for us. You can consider the suffering of losses, or vice versa, examine the possibility of making a profit.

Second, by changing your views and beliefs you can change your emotions. Every belief we gain over our lives is, in a way, a filter for us, which is affecting the knowledge of all information. All points of view accumulated throughout life have an impact on the interpretations we receive in our mind.

Finally, the third way to change your emotions is by modifying physiology. Change in breathing, mimics, body position, color and speed of our voice, all this has a direct impact on the emotional part of not only Forex traders, but any person.

Concentrate attention to avoid the dangers of emotional trading

The concentration of attention is one of the most important components of our emotional state. The fact that you are focused on the Forex trading process becomes not only the subject of reality but also the acceptance of the facts. All activities influence the interpretation of events and therefore affect our emotions. All this guides our behavior, and decisions get an emotional connotation. In this case, it is necessary to define the priorities: what are you waiting for? Do you think about the possibility of losing? Or expect a profit?

Those who see only losses are likely to hesitate to invest in the market for too long and may even miss the transaction. But once they decide to enter the market, they quickly earn profits. Trading is an attempt to balance the contradictions. The trader should focus on profit and loss and try to balance them. The trader should focus on the likelihood of his/her methods and information provided by the market because they are the only ones that are correct and reliable.

Physiology and the dangers of emotional trading

It has been proven that our body manages our emotions and that emotions influence our thoughts. The easiest and most effective way to change your emotional state is to change your physiology – speed, and depth of breathing, voice or even your pose.

Pay attention to your attitude, how you sit, breathe, and whether the muscles of your face, shoulder, or whole-body tense. If you feel sick, you should sit more comfortable. Fully simple physiological manipulation can be an effective way of controlling your feelings.

Control your emotions, this will definitely make you a more successful trader!

Understanding Fear

When a trader gets bad news about a certain stock or the general market, it’s normal for the trader to get apprehensive. But at the same time, you must be clever, you must avoid the dangers of emotional trading.

You need to understand what fear is: a natural reaction to what they perceive as a threat. In the case of traders, to their profit or money-making potential. Quantifying the fear might help. But you as a trader should consider pondering what you are afraid of, and why you are afraid of it.

Yeah, I know! This is not easy, and you need practice, but it’s necessary for the health of an investor’s portfolio.

Greed Is Worst Enemy

“Pigs get slaughtered.” is an old saying on Wall Street.

This means that greedy investors are hanging on to winning positions too long, trying to get every last tick. Greed can be devastating to returns. A trader with greed always runs the risk of getting whipsawed or blown out of a position.

Greed is often based on an instinct to try to do better, to try to get just a little more.

The first instruction is: A trader should develop a trading plan based upon rational business decisions, not emotional caprice or potentially dangerous instincts. A good trader should have trading rules and plans.

Why are trading rules and plans so important?

Before traders feel the emotional or psychological crunch, they need to create trading rules. That will keep your heads in the right place. You should lay out guidelines based on your risk-reward tolerance for when you will enter a trade and exit it, whether through a profit target or stop loss. The emotion is not part of the equation. It would be also wise to consider setting limits on the amount you are willing to win or lose in a day. If the profit target is hit, you can take the money and run. But if losing trades hit a predetermined limit, you can roll your tent and go home, preventing further losses.

Every single trader should be able to read a balance sheet or a chart. But there is a psychological component to trading that shouldn’t be overlooked. You have to know how fear and greed can impact trading. That’s why you should exercise discipline, and develop trading rules and plans. Never forget that part of trading.

If you have any experience with this, let us know. Share it all.

Risk Disclosure (read carefully!)

9th July 2018
Binary Options – Everything You Wanted To Know About, But You Hesitated To Ask

2 min read

Binary options are very risky. Nowadays, the investment market is very unpredictable. People simply don’t know where to invest. They are a lot insecure for a number of reasons: the unstable industry and the crisis in which currency is currently. What do most people want? They want to make money quickly and easily, and the real question is it at all possible? How many times have you heard that a neighbor’s son lost all his money in a casino or that your colleague from school sells a house because he is a gambling addict? What if I tell you that there is another way to make money, to provide money to you and your loved ones? I’m not talking about investment strategies where you need big start-up capital and where you need to wait for years to make a profit.

Who would refuse the opportunity to make ”easy money”?

Well, there is no such thing called ”easy money” but there is something we can call ”fast money”. If you believe in it and you have guts to take the risk.

Many are willing to say that these are binary options and I would like to tell a few things about them to you.
So, let’s go!

First of all – What are BINARY OPTIONS?

About 10 years ago, the Chicago Board Options Exchange allowed private traders to use a wide range of instruments. Initially, binary options were only available to large US and European stock market traders. In the early days, the initial capital was very large. In economic terms, binary options are a trading platform where the trader or his authorized representative makes predictions about the direction of the value of different assets.

Binary options, which are also known as digital options, have recently become one of the most popular trading tools. Each option is associated with a certain margin, i.e. stock, index, currency pair, or price of the primary product. The profit or loss of each option is determined by the fluctuations in the prices of the product or currency it is linked to.

Binary options have a predetermined, let me say, lifetime, which can be: an hour, 15 minutes, or only 60 seconds from the time of purchase. The difference in the price of goods between the time of entry and exit will determine whether the trade is successful or not.

Binary options profit

Binary options can offer some of the highest returns on trade among existing financial instruments. High profitability means that even one successful trade can help you significantly increase your initial investment. This also helps protect your capital. The greater the profitability of each individual trade – the greater the odds of making a profit in a series of trade.

But, you should always bear in your mind that trade profitability is proportional to the level of risk.

LEARN HOW TO TRADE

How to learn to trade binary options? This question is posed by all new traders. To understand how to successfully trade binary options, make money on them regularly and feel the satisfaction of working on financial markets, you will need some time and effort.

To start making money on binary options, you need to find a broker.

Our advice is: Read on this topic a lot, watch the snapshots, practice on a demo account.

You can find all necessary information on how to trade binary options on most trading platforms. Select value, expiration time, the direction of the movement and go!

Start with the simplest binary option “above / below“, with the most popular values – EUR / USD, oil, shares of Apple or Facebook. In fact, they are Up/Down option which can go by a few different names: High/Low, Above/Below, and Over/Under. It is the simplest and most common type of binary option.

If you choose a good broker, the support team will always help you 24/7. A good broker provides suitable methods for downloading money to allow you to quickly run a download request. A free demo account and training for beginners can help newcomers to learn quickly how to make money.

Remember our advice. Before you start trading, carefully examine and validate the theory in practice. You can do this only with the demo account.

It looks easy. But you must be very, very careful.

The legitimacy of binary options

First of all, the legitimacy of the operation is questionable, and it may operate in a slack regulatory jurisdiction. You don’t want it. Many trading sites are based in exotic island locations, so you have little legal recourse.
Second, even if it is legit and works in a well-regulated environment the chances to let acquiring fabulous wealth, are slim. Chances of you losing your money are enormous. These risks are spelled out in small print on the site, but they are intentionally understated.

Because of what I’m going to tell you now, I expect calls and comments: Traders Paradise, you can not write about us like that.

But I do not care. I have to express my opinion based on my experience with them.

I’m warning you about the unregistered Binary Options companies with their sleazy sales pitches that offer a 100% win rate system.
True is that some brokers may offer legit ways to trade Binary Options but be vigilant. On the internet, you can find plenty of testimonies of cheated people.

Speaking of the internet, binary options providers are especially dangerous because they understand how information spreads on the internet. For example, Googling phrases such as “are binary options a scam?” frequently directs users to websites operated by binary options companies.

I tried it! It’s true! They are doing that.

And remember, trading is at your own risk.

What do you think about a binary option? Share with us!

Read also why Mutual funds are an opportunity to make wealth

Risk Disclosure (read carefully!)

2nd July 2018
Why Are There People Who Profit In Trading?
Are They Smarter Than You? Be one of 8 percent.

3 min read

Each of us would like to be successful in what he is doing. It’s natural. Each one of us has asked himself several times in life: Why some person is successful and someone is not?

There is a study by the University of Scranton (Pennsylvania, United States) that says that only 8 out of 100 people manage to achieve their goals. I believe that every one of us, at least once in life, has found her/himself among these 8%.

If you are not satisfied with your success, look at what successful people are doing.

The difference between successful and unsuccessful people is reduced to the difference in their habits.

Eh .. now! Let’s talk about whether successful traders are smarter than us.

Why are there people who profit in trading?

You were thinking about becoming a currency trader, but are you discouraged at the very beginning by the fact that you are not sufficiently educated in the field of finance?

Or you think that you simply can’t be a successful trader if you don’t have previous experience in working in finance?

If you think that way, you are wrong!

On the market exists and successfully works a huge number of people without formal financial education, who started off without a big initial capital, and also did not work in a team of analysts like banks such as Goldman Sachs.

People who profit in trading

If we analyze entrepreneurs as people who have gathered the courage to enter the raw world of capitalism on one side and traders who independently trade currencies on the other, we will find plenty of similarities between them. Both of them invested their money and took the risk of their actions. From this point of view, for the people who profit in trading, trade is just one type of business, not a gamble or betting. As in any other business, in order to achieve maximum profit, it is necessary to possess certain skills.

The skills of successful traders

First of all, I want to remind you that real traders do not start from the idea that they can become millionaires overnight, but from the idea of securing a stable and regular income. Sustainability and consistency are key factors in this business. Therefore, certain rules should be followed:
1. Define a trading system
Under the trading system, we mean a set of rules that you must respect when opening/closing a position. Whether you get to the right system through a series of unsuccessful attempts and a random hit, or you will use some of the existing systems and recommendations for creating a trading system, it’s your own decision. The advantage of creating your own system is that you can adapt it to your own needs, your personality and psychological characteristics. However, if you move “from scratch” this job will cost you a lot of time and money. Instead, the advantage of using a “borrowed” system lies in the fact that your adaptation and adjustment to your needs will cost you considerably less.
1. Basically, everything is hard work
I’m sure you have been in a situation to hear comments that the trader’s job is exactly what one wants to do. You do not have a strict job or working hours, you can work from anywhere in the world, you can be on the beach, have a cocktail and trade, or in a Jacuzzi in a magnificent hotel. You only need a laptop or smartphone with an internet connection. However, there is also the other side of the medal, and it is the mental effort that needs to be invested in this business so that it can be profitable. You will rarely be able to read about it. Remember that success is hard and hard to succeed. Work, discipline and patience. That’s what’s needed. That’s what’s worth. Hard work and sacrifice. Without it, there is no profit. Cocktails on the beach are just great commercials.
1. A set of skills
Trade was never a prediction game. First of all, nobody knows what will happen in the future. The currency trade can be somewhat comparable to the game of imitation. Your job is to monitor, monitor, monitor, analyze, and try to identify the psychology and way of thinking of the main participants in the market. Traders follow the movement, but they don’t deal with predicting the future.

To succeed, you will have to learn to think differently from most people. The vast majority (over 90%) represent a group of people known as “losers”. Moreover, to win, you need to know more than 90% of others. It’s not easy, but it’s feasible.

Avoid these mistakes

Three most common mistakes that traders make are:

The first mistake, they don’t test their forex trading strategy. They find a strategy somewhere and decide that this system is right for them and start trading with real money with the help of it. Unfortunately, even if the system is profitable, for new dealers is very difficult to make intelligent decisions in trading if they have not tested the system for themselves before.

Another mistake made by traders is that when they have a closed-to-minus trade or a few failed trading, they are leaving the current strategy and looking for “better.” This is related to the above mentioned first mistake. If you’ve proved to yourself that the strategy is profitable, then why should you ask for another method? The fact is that every system or strategy will have trades closed in the minus. This is something that is normal to happen and just because it happened does not mean that you have to change the strategy!

The most common mistake

The third mistake and it is very common for many traders, is to risk too much in the trade. They have read about the strategy and feel that they have understood it fully and then jump into the market by risking 10 or more percent of their account in the hope that they will get a lot of money and earn a lot. To repeat, Forex trading does not work that way. Imagine yourself and your emotions that you would spend to lose 10% of your order in a single trade.

Also, for the psychology of trading, the following is also of great importance:

– Monitor the global trend
– Don’t run for profit/loss ratio
– Replace the strategy
– Change focus
– Reverse the direction of trade
– Consecutive trading
– Lack of evaluation of the plan and strategy

And learn. Continuous learning is a habit of success. Even when you are tracking successful traders, you actually learn from them. Hence, that’s how you will become one of the people who profit in trading.

You would like to read Forex Trading – Simple Tricks to Master it

Risk Disclosure (read carefully!)
29th June 2018
Just 5 F***ing Minutes In Trading To Find What BS Is

Start with a small amount if you do not have a lot of money.
Stop on what you consider to be the last stop.

2 min read

These are the best trading tips you’ll ever get. Remember this:

* When the market is sinking rapidly – buy.
* But when it rises, place a stop order at the price of the purchase.
* Each time the value rises to $100, move the stop for $100. Follow the trend. Every time you move your stop, it protects your profit. Follow the trend until the momentum is lost or until everything is reversed.
* Do not try to predict the climax. Continue moving the stop order point.
* Stop on what you consider to be the last stop.

So, you want to enter the crypto-trading? You do not want some small 10% ROI after a year on a regular old stock market because it’s for grandparents and old people. Or you want to quit your business with a middle finger and immediately start trading cryptos. Okay!

Maybe it’s your dream to become Gordon “greed is good” Gekko, or Jordan Belfort, a Wolf from Wall Street? Or you may want to blow up and do not want anything less than a yacht, a villa and a girl in a bikini scrambling around one of your pools. All this and even more FULLY can be yours! Find how HERE

Are you ready to turn your dreams into reality?

Cryptocurrencies have some of the best ROI in history (ROI = return on investment) and you have a great opportunity to earn good money.

How to make money with cryptos?

Stories like “… I invested all my money in Ethereum (and so are all my friends) …” they are fun at some level (students can afford some risks because if they lose everything they will have a lot of remaining life to recover later).

On the Internet, you could read the announcement of a person who pawned his car because he wanted to enter the “shit coin pump” where traders gather and buy like crazy to inflate a collapse of crypto. Before it falls on idiots. Of course, he lost all the cryptos and his wife kicked him out. This is not good and you do not want to be that guy.

FIRST QUESTION

“Do you have enough money to invest?”, is the first thing you need to ask yourself because if you have extra money, you would be surprised what you can do with it.

Start with a small amount if you do not have a lot of money. Careful. You should only invest money that you can afford to lose.

Of course, nothing stops you to take a loan, sell a cottage, another apartment, a wife’s car, something that you do not need anyway. It will be hard not to make money. The crypto will not disappear as the Internet has not disappeared.

SECOND QUESTION

“Are you a buy-and-keep, or a trader?” This is the second question that you need to ask yourself when trading with crypto. Because these are two completely different things.

Simply, just buy and keep is the right strategy for most people. You should get some of the famous cryptos like Bitcoin, Litecoin, or Ethereum, put them in cold storage and forget about them. Do not read the news and do not worry about wild swings or predictions of a collapse from the ”yellow” press.

But if you want to trade cryptos, this is something else, because that means looking for information on how to enter and exit the market. We recommend you to do some research before you accidentally select some cryptos and look at their charts because otherwise you will trade blindly and you don’t want that. The rules of the game are basic, but it’s important to remember:

Buy cheap, sell more expensive!

There are two parts: earning money and keeping! Most people fall and burn in the second part because everyone earns money and then immediately invests it further. Trading with crypto is like a golden fever! You are like the conqueror of new territories.

You enjoy the excitement that is better than sex.

However, it is brutal in the days when you are losing. You will lose money, friends, hair, you will be unsatisfied, angry, depressed and distracted. Remember, you play against the maniac and sadistic “mind” of the market, and against yourself. Your system of belief, emotion, and mental power works against you. Markets and people are not rational. First of all, we all have partial information like in the fog, because the information isn’t near evenly distributed. We all have different degrees of ability to process this information, which means that we are all at some point stupid. We all own distorted mental heuristics and a stupid system of belief.

Being “right” when you are actually wrong is a great way to lose your money.

The reasons why new traders are losing are:

a) They trade without edge, in other words – they are gambling
b) Also, they are trading on a lot
c) And they’re trading low-value things

Trading with crypto is like juggling with a cobra! So if you’re not a professional trader, do not do these things. Crypto markets are moving at the speed of video games and you can easily lose money.

Does this mean you should not trade cryptos? It’s not about it. We enjoy trading!

You should too!

Risk Disclosure (read carefully!)

28th June 2018
What is needed to trade on Forex?

Are you disciplined?

2 min read

What is needed to trade on Forex? To come to the answer we must clear several things.

CONCEPT OF FOREX TRADING

Forex represents the foreign exchange/currency market. The word forex itself is made of two English words: foreign and exchange and signifies the purchase of currencies from different countries.

Unlike other stock exchanges, Forex does not have its physical seat in a city. It exists in an electronic network consisting of large financial institutions.

Today, Forex is the largest financial market, which has a daily turnover of around $ 5.5 trillion a day.

You can complete this whole process online

The term currency market means the sale of one currency with the simultaneous purchase of the other. As currency pairs are traded, in order to profit from the shift in the exchange rate, you need to buy the currency that you think will strengthen and sell the other.

There is no need to wait for a growing market to profit. At any moment, one currency will strengthen in relation to the other.

The FX market is constantly creating opportunities for investment

What is needed to trade on Forex, the essential part

Since nothing concrete and tangible anything is bought and sold, this type of trade can be a little confusing. You should think that you are buying a part of the value of a country. If you buy a Japanese yen, you are buying a part of the Japanese economy that is in direct correlation with what the market thinks about the current and future health of the Japanese economy. Generally, the established exchange rate of the two currencies is a ratio that reflects the state of one economy in relation to the state of another economy (the state, the currency).

Forex is opened 24 hours a day, except on weekends, so that Sunday trading starts on Sunday from 21:15 CET and runs until Friday at 23:00 CET. During the day there are several time intervals that coincide with the working hours of the world’s largest stock markets.

Who trades on the Forex market?

Forex traders can be classified into two groups, hedgers and speculators.

Hedgers: governments, companies (importers and exporters) and some investors who are exposed to exchange rate changes.

Speculators: This group, which includes banks, funds, corporations, and individuals, creates artificial pressure on the course in order to profit from variations or price movements.

Basic terms

Pip
Represents a change in the ratio of the currency by one decimal. It is the smallest unit change course. Pip is the last decimal in a currency relationship

Stop and Limit – Orders
Often the trader wants to limit the loss in the position he has opened (in that case he sets the “stop” order) or wants to take profit at a certain level, which is acceptable to him (in this case he sets a “limit” order).

Long – Tremin used for the purchase order,
Short – tension used for a sales order,
Bid – bid price,
Ask – the price that is claimed,
Buy – Shopping,
Sell – sale,
Spread – the difference between the sale and purchase price,
Chart – graph
Time frame – time period,
Candlestick – Candlesticks show that emotion by visually representing the size of price moves with different colors.

What is needed to trade on Forex?

Before you start trading the currency, you need to open an account with a Forex broker. Our recommendation is that before you decide on trading on Forex, open a demo account with one of the brokers so that through the use of the platform, you will continue to monitor market activities and learn more.

Conditions for Success

You must have a good knowledge of technical and fundamental analysis, as well as managing your account. You should also know the psychological aspect of the trade and that you are disciplined. To be able to trade Forex successfully, there is a whole world of education, really extensive analysis and countless hours of tracking a very large number of relevant and potentially relevant information, all without any guarantee that the right decision will be made.

So once again, the investment rule has been confirmed: high risk must be taken to achieve high income.

To learn more about Forex trading follow Educational series HERE

Risk Disclosure (read carefully!)

28th June 2018
Following the Lead Traders – Good Or Bad For You?

Following the lead-traders is good but also can be very risky.

By Guy Avtalyon

Following the lead traders is good but also can be very risky. So, what to do?

I would be happy if the answer is so easy. Unfortunately, that’s a very difficult question and the answer is complex.

The first thing you have to make clear is, are you ready to take risks? How much and how long? Why do you trade?

Because on the basis of the answer you will choose the traders you will be following. There are very “playful” traders, people who are ready for enormous risk, and you are not ready to accept it. Their profit is sometimes very high, but the risk is huge.

Following the lead-traders is connected with some risks

Then, what you have to do?

First of all, you need good information.

You can use the information provided by other traders and you don’t have to learn all the required skills, yourself.
But how to recognize if the information is any good? Of course, you can’t believe everything you read. That means you have to test all the provided data or you decipher the charts. Even when you get all the information there is no guarantee that you will get it right. Why? Well, you know, even the best traders lie sometimes.

How can you be sure that a trader is good?

One of the most popular tools to evaluate a trader’s performance is community feedback. Successful traders usually have many followers and there will be a lot of helpful feedback you can use when you make the decision to take his advice or copy him or her. But be careful, a trader can be good but unpopular. Maybe someone doesn’t like his/her attitude, or simply because he didn’t get that 400% profit the users who copied him were counting on.

Is community feedback a good indicator that a trader is worth following

Community feedback can serve as an indicator, but not the only one.

You can find some platform that allows you to have a look at a trader’s investment history and current portfolio. There you can see how much they’ve gained (usually in %) so you can infer how good they are. That can be a good way to choose which trader to follow. But, in order to boost their ratings, they have to leave losing trades open. And if you see that a trader has many losing trades open, this is usually a bad sign.

One trader said he never takes a loss or a win. He just observes the result of his trading edge and moves onto the next. I would follow this trader because he has a great way to think!

Because we will never know with 100% certainty whether our next trade will win or lose. All we can do is implement our edge when the time is right. That means, let the random combination of wins and losses play out for some time. Simple as that.

Who is a successful trader?

In short, a successful trader takes the losing trades are a part of doing business.

The second thing is the portfolio. The portfolio can tell you a lot about a trader. Take a look and if you find he doesn’t have many opened losing trades, it’s quite possible that he knows what he’s doing.

You would like to know how A Trading Portfolio Should Look Like

You have to know whether or not a trader is trustworthy and competent enough for you to follow and copy him. If traders profile is not completed, this might indicate that the trader is relatively new, or that he doesn’t take too much interest in his own profile. And good trader who wants to be followed will take the time to complete his profile. It is important to know if a trader is using real money or virtual money before you start following the lead-traders. Anyone take huge risks with virtual money. So, don’t take any action before you have confirmed that real money is traded.

And a few words about risk management. You will be surprised at how sometimes people will risk much more than you would like. If you don’t like such surprises, make sure that you find someone with your level of risk management.

When you find the right people, there is still no guarantee that they will make you money.

When you start following the lead-traders, you must have in your mind one thing: if you choose the wrong people you will lose money. You have to find exactly what you’re looking for in order to get the best chance.

What you need to know before following the lead traders

You must know that success is never a straight line. Keep in mind that hard times are a time for growth. The times of struggle are an opportunity for you to find the discipline to stick to your proven edge.

The truth about lead traders, as in billionaire rich is:
1) Some of them grew up in middle-class families and some of them did not.
2) Most of them did not start trading with a lot of money.
3) They even had some funny jobs to start with

“The key is consistency and discipline. I don’t think anybody winds up making money in this business because they started out lucky.” stated legendary Richard Dennis.

“Always use stops,” said Michael Marcus who turned $30,000 into $80,000,000.

Following lead-traders should be helpful but you have to pay attention, really pay attention, who to follow.

28th June 2018
The Trading Strategies That Actually Work

Seeking for the holy grail

By Guy Avtalyon

The trading strategies that actually work? How to choose? Where to find? Okay, I understand your dilemma. You would like to be successful and you want to know, what strategy should you choose to nail it.

Listen here! First, let’s make clear what the Trading Strategy is

A trading strategy is a set of trading settings that serve the currency trader to determine whether to buy or sell a currency, where to enter and exit the position, and how much capital they invest in trade, and in doing so, earn a difference in price.

Question everything, it is a vital part of your trading.

A forex broker can offer you the opportunity to enter into trades that are multiple times the value of the margin that you place.

The market is fluid and you can open a trade or exit from one very quickly, so there is potential to make considerable returns.

To complicated? Wait!!! There is more!

Trading strategies can be – automated (various robots for trading, etc.) – manual (the vast majority of traders use their own trading system.)

The trading strategies that actually work

I would like to show you some of them which are successful. I will give you a brief description of 5 simple strategies that can help you to maximize your profits:

1) Swing trading is one of the trading strategies that actually work

You can have a profitable swing trade by timing your trade when there is a breakout after a period of consolidation.

What does this mean? A period of consolidation is said to occur when a currency pair moves in a well-defined price range. A breakout will occur. The values of the currencies will “breakout” a resistance level. If you predict the breakout precisely, you can profit from your trade.

A swing trade uses a channel trading strategy. Trades take place between the support and resistance levels of swing highs and swing lows.

2) Rangebound trading

Here you will need to identify a currency pair that trades within a certain range. Then, you have to identify the support and resistance levels and then time your trade by taking these movements into account.

It is likely that there will not be a big difference between the upper and lower prices of the range. Because of this reason, you could trade in one of two ways.

The first option is to trade within the range which will limit your profits as the price difference is bound to be minimal.

The second way is to look for a breakout from the range. If this happens, you will have to react quickly. You can make a quick profit, but you can lose out. A “false breakout” may cause the market to move in the opposite direction and lead to great losses.

3) Position trading

A position trade is not a short-term trade. It is based on macroeconomic trends. It could run over weeks or months or years. Traders take a long-term position based on an understanding of how inflation or the rate at which an economy is growing, will affect the value of a currency. If you want to adopt this strategy, you have to stay stick to two rules. First, do not use much leverage. A maximum of 10:1 is advisable. Secondly, the size should be relatively small. This is because you are taking a position with expecting a reasonably large movement in the relative price of the currency pair.

4) Carry trade

A carry trade means entering into a trade that will take advantage of the interest rate differential of the two currencies. That means you will be selling a currency with a low-interest rate and buying one that provides a greater rate of interest.

Normally, you would choose a currency pair where the higher interest rate currency will appreciate to the lower interest rate currency.

Carry trades can be high-risk. They are based on a combination of technical and fundamental analysis.

5) Momentum trading

Fun fact: “The prices usually tell lies, but momentum usually speaks the truth.”

At the simplest level, you can use momentum trading when rates are going up, then you should buy and when they are declining, you should sell and maximize your profits in the forex market. If you want to implement this strategy, you have to identify the currency pairs that show the greatest momentum and have moved most strongly. It is possible by tracking price movements over a period of several weeks. Then trade those pairs that show the greatest momentum.

How to find the trading strategies that actually work?

Let’s get back to the beginning and say few words about how important is for every trader to use a reliable and robust trading platform. You will need an Expert Advisor (EA). It allows you to conduct backtesting of your trading strategy before you commit your funds. You will need one that functions effectively on your smartphone and your tablet as well, a versatile platform that works well with Windows, Mac OS, and Linux.

The trading strategies that actually work 100% don’t exist. A system with 100% success does not exist so that you do not expect any of this system to win your earnings every time.

But with RRR (Required Rate Of Return) 1: 2 and following all the rules, you can only end up in the plus!

Wish you luck!!!

27th June 2018
Trading Or Investing – What’s Better Strategy?

Understand the differences between trading and investing to be able to choose your strategy for approaching the stock market

By Guy Avtalyon

Trading or investing? Actually they are two very different strategies of trying to profit in the financial markets. The goal of investing is to continuously build wealth over a long time through the buying and holding of a portfolio of stocks, mutual funds, bonds, and other investment products.
Investors usually increase their profits through compounding or reinvesting any profits and dividends into new stocks

Trading versus Investing

Investments are usually kept for years, sometimes even decades. There are many advantages to investing for a long time, for example, interest, dividends, can give profits also. Investors are more concerned with market fundamentals, such as price/earnings ratios and management predictions.

On the other hand, trading involves the more frequent buying and selling of stock, commodities, currency pairs, or other, with the goal of generating returns that outperform buy-and-hold investing. Trading profits are generated by buying at a lower price and selling at a higher price within a short period of time. But, trading profits are made also by selling at a higher price and buying to cover at a lower price (known as “selling short”) to profit in falling markets.

For traders, the stock price action is more important. If the selling price goes up, they will usually want to sell the stocks they hold. Trading is more the art of right timing while investing is the ability to create wealth by increasing interest, plus dividends over the years. Investors’goal is to keep excellent stocks in the market. Trading will give you a chance to profit on short-term market movements.

Investing means to hold stocks for a longer time, longer than 5 years, for example. But some investors hold their excellent stocks for decades and sometimes they are the part of the inheritance.

Stock investor versus stock trader

Stock traders and stock investors approach the stock market with the same objective but use different modus operandi. But stock investor tries to achieve this through a single transaction, whereas the stock trader chooses multiple transactions but in quick succession. The stock investor just buys and holds while the stock trader buys and sells stocks on a continuous basis.

Select stocks for investment

Stock investors are very patient and have the tendency to hold stocks until the market realizes their actual worth.

Stock traders are simply concerned about the price movement and they are ready to buy an overvalued stock if the price movement suggests so. They are least worried about the valuation of the stock.

Trading tools for trading and investing

Stock investors rely on fundamental analysis for identifying investment avenues. They utilize top-down and bottoms-up approach together with ratio analysis for stock selection.

Stock traders employ technical analysis to maximize their returns. They are concerned about past and current price movements.

Different market niche

Stock investors pay more attention to taking dividends payments while traders never or rarely pay attention to dividends. This limitation makes the derivative market more suitable for traders and the cash market for investors.

Why you have to know all of this?

You have to know, to recognize, your own psychology before entering the market. To find which of this technique suits you better. Identifying your personality will enable you to employ the right tools and techniques to be a winner.

If you are comfy with speculation, be a trader, and if you are a hunker, choose to be an investor.

27th June 2018
Can Focused Groups Solve Loss Problems?
How do focused groups work? What are the advantages?

By Guy Avtalyon

Yes, we have to discuss focused groups.

You do not need a time machine to profit from crypto It’s true. If you invested in Bitcoin 7 years ago, 5 years ago or even 2 years ago – you would become a millionaire.

But, it’s still can happen.

In fact, people are still making good profits from it. Some even left their day jobs because of it I DO NOT say you need or will leave your day job

Everyone needs a secure and safe income, and we all know there are many risks in the fortune markets, the stock markets, and even the crypto markets.

But the time is now.

Let me share a scenario I believe will happen:

First of all, you should know (if you don’t by now) that crypto wallets are public for everyone to see how much you have inside, BUT it’s encrypted that way no one can know whom this wallet belongs to…

So, we can all see the largest bitcoin wallets there is:

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

Two things interest us most:
1. There are 1,292(!!) wallets with over 10MIL of US Dollar worth in them
2. And the richest wallet has $1,839,622,745 USD of worth in it (Almost 2 Billion(!!!!!) Dollar) for lucky address number 3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r
Why do we care about all these?

Again, for 2 reasons:
1. It’s clear there is A LOT of money into it
2. By the fact we are a lot smaller than them, we can use their largeness to our advantage!
What do I mean?

Say, a big shark, someone with a wallet of 5 million dollar wants to start making these profits for real and monetize it into dollars. That means – sell it at market price for any demand.

He can do it for only until some kind of limit, once he tries to get rid of a lot, it will definitely impact the price Bitcoin is trading. So, the largest your wallet is – the more difficult it will be for you to turn it into more usable money.

In fact, the fact those wallets still have those amounts of money in them means 2 things:
1. They lost the password, which means those bitcoins are lost forever
2. They turn it into money slowly, slowly so it won’t impact the trading price
What we aim to do, besides many more things we do, is to follow the leader
It’s a common strategy in the Game Theory industry.

What it basically means, is that once you’re not the leader (in this case, for sure) – you should look carefully at what is the leader doing and copy it as fast as you can.

You can learn more about it here:
https://en.wikipedia.org/wiki/Stackelberg_competition

So how can you profit off it?

It’s simple.

You got a few options:
1. Buy and hold for at least two years (most risky)
2. Trade it. Just trading Bitcoin most of the times, using profit and loss boundaries, can make you profit with day trading (sometimes can take up to few days)
3. Join some focused groups who are focused on the wealth of the entire group
How do the focused groups work?

Most of the times it’s based on 3 things:
1. The knowledge of the combined group.
It is well known that the crowd’s knowledge is better than any individual. Even the smartest alive is dumber than a group of 100 ignorance.

So with this kind of social empowered brain, where different people from different countries with different news they read in different time meet – the predictions can be way better than an individual one.
1. Educating
It’s true, it’s never 100% of the people in the group (focused groups are no exception) take part in learning and educating themselves, and stay a silent part of the group that only wants to profit.

Most of the people aren’t like that – they like to learn more, investigate have a healthy curiosity and, well, let’s face it:

When it’s your money at risk – you should try to do ANYTHING you can to feel more secure.
1. Using high technologies to measure and predict trends
This is the advantage.

Even when you have the smartest people in the world in your group, there is only so much a human being can do.

For an example of high technologies that can potentially be the difference between ‘profit’ and ‘lose’ can be are:
1. Following the biggest wallets – this means, if the technology detects unusual movements in the bigger wallets, it can indicate that they know something other people yet know and use it to their advantage.
2. Following trends and market movements
3. Comparing prices between many cryptocurrencies to make profits of arbitrage (the difference between the same crypto coin’s prices in different markets it’s traded on) etc.
In fact, there are many more ways technology could help us gain advantages in the market…

Bitcoin Focus Group is one of the few that combine all of them together. It’s mostly because they already have experience and active users.

Every similar group can be successful. It only needs to have active users inside and gain experience. Experience lets improving all systems.

Another thing that we must never forget – the focused groups’ interest is that everyone will gain profits. If some lose, the focused groups’ reputation drops drastically.

I feel I need to warn again – there is no easy money (you will read about a lot in this blog) – We just try to outsmart some of the people.

That’s all!

Take into consideration, most of the focused groups have time and seat limit, so be sure to sign up. Do not pay in advance, always ask for a free trial if possible.

Bitcoin Focus Group is recommended – Hurry up and check if you’re qualified.
26th June 2018