Description
Trading with trend has been considered the most profitable way of trading for years and will continue to be for years to come. But knowing when to get into the trend before it starts is a major problem for many Forex and stocks traders. Some actually miss the whole trend - never profiting or losing as a result. Some get on the trend in the middle and only make few pips while others get into the trend when its about to reverse and lose money doing so.
All you need is the
Schaff Trend Cycle indicator
that alerts you to when the trend cycle in Forex or commodity or stocks is about change so you can get in a new trend formation before others noticed what is happening on their price chart. But note as with all other Forex or stock strategies ,
this strategy is not 100% accurate but can deliver 30% to 45% accuracy most of the time
.
This course is designed to be
easy to understand for both beginners and advanced Forex and stock traders
. You will learn what the Schaff trend indicator is and the logic behind how it creates its signals for traders. Understanding the logic behind this strategy will aid you in executing trades without doubts.
You will
learn proper risk/reward management strategies
that will help you become profitable even with
30% to 45%
win-rate.
There is a section on
money management strategy
that will not allow you to blow your account up.
You will learn about
trading plan
to follow in order to execute this strategy very well.
There is section on
trading psychology
to set your mindset right so you can execute this strategy properly.
This course makes
use of trading simulato
r to allow students practice what they learn on the go without delay. In the simulator, you can load up price data of the past and trade is as if its in the present. This is back testing your strategy in a forward looking way which is very similar to how you trade live. This method of training ensure you have quick feedback on your trading decisions and allows you to learn from your mistake in safe environment, improving on the mistakes and getting perfect before moving on to trading live with real money.
Requrirements
Requirements
Be able to use the Candlestick Price Chart
Passion to make money from trading the markets
Willingness to keep trying until you get it right