Category Archives: Trading

In addition to the first of our Forex trading strategies, there is another advanced strategy that can be added to scalping on the currency market. This strategy is known as the martingale strategy and can be combined with a good scalping method for better success.

Heres how it works. Instead of using tight stop losses on a typical scalping strategy, you wont have to give up all of your earlier profits every time you get stopped out. Instead, employ some restraint and dont buy into your trade too heavy in the beginning. Save some firepower for later on if the trade starts to turn bad.

To make this clearer, think of the typical scalping strategy. Traders set their stop-losses to about 10 pips. Then the general rule of profit is only one to one-and-a-half times the spread. Setting your target to such a low level as 25 pips is not that profitable. In addition, a ten pip stop loss can kill 3 or 4 good trades. Instead, it can be useful when you find yourself in trouble to increase the amount on your trade. Keep the same direction but enter into the trade again. Here you can give yourself a chance to be wrong and then still get out with a 10-20 pip profit later on.

Lets look a little closer. If you remember, you may have already determined how to find a long term trend with the first advanced strategy you learned in Scalping With Alignment of Trend. Now you are going to add a Martingale strategy and this will move your average position back to a better price each time your intuition proved to be wrong. This advanced strategy makes it more likely that the market will now turn in your favor because you have both a long term trend in your favor and a better average position from the Martingale insurance.

If you were correct to begin with, you wont need to add to your position with any Martingale strategy. You will simply take an initial profit of 10-20 pips and this can be very nice. Still, when you are wrong, you may also wait as the market makes a typical correction. Then you can increase your position after you find yourself 15-25 pips in the negative. Just double down as they say in Vegas and watch how your position improves!

Of course, you always need to keep your humility. Save your last piece of ammunition for further down at 40-50 pips. You may end up with three units at an even better price and it wont be long before the market turns back in your favor.

Remember, you were really only scalping so dont get greedy when things turn back in your favor. Get out at a 10-20 pip profit and call it a successful trade! You will also have to remember your humility in the rare cases when a 3-unit position still shows signs of a complete turnaround. Sometimes the market simply turns against the long-term trend and you will have to accept a fairly big loss below 30-40 pips. Make sure and get out after the long-term trend has changed.

Regardless of the pain you experience in the occasional loss, you will find that you are using a strategy that still works over the long term. You will also enjoy steady profits each month and learn to determine short term and long term trends with more accuracy. This is only one of the many Forex trading strategies that can really help you to make scalping a more profitable means of day-trading.

If you’re a scalper, you must realize that your broker also decides the success rate of your trading system. Find out how to spot the best broker for scalping by checking out these eight aspects.

Scalping is a game of capturing the market indications and earns profits in smaller duration of time. Scalping is a game of seconds so best broker for scalping is one who must have up to date knowledge and skills so that he can trade in seconds. Normally the brokers are the representative of traders in the market so you must choose a broker who can easily fulfills your scalping needs and can earn a decent profit for you.

There are hundreds of brokers operating in the retail forex market today; naturally, each has a technical capability, and business model suitable to a different trader profile. But each broker is not fit for scalping. The main features of a good broker for scalping are :

Spread must be low:

Spread are the common base which is used to charge commissions in forex. So spread is an important variable in deciding a broker for scalping. An ordinary trader opens one or two trades in a day but a scalper opens dozens of traders in a short span of time. So spread can affect his balance sheet position. In short we must ensure that the broker we choose for scalping must have low spread.

Currency pair offered:

Forex scalping is a system of earning small profits but in more number of times. Select a currency pair which you can easily trade in the market. The most favorable characteristics that a currency should have for scalping is its liquidity and its volatility.

High leverage:

Leverage means the return and the risk you are ready to take. The scalper wants to make quick profits. So a good broker for scalping also offers high leverage to the traders so that they can earn a reasonable profit on every trade.

Timely execution of orders:

Forex is an international market which changes in fraction of second. Time is an important player in scalping. So choose a broker who has fast execution of orders so that he can trade more orders in just one second. Variations can occur in seconds so a good forex broker is one who can get full benefit from short moments and can execute your orders in seconds.

The ratio of risk to reward:

Commonly scalping involves a lot of risk for a little profit because the whole scalping is game of minutes or seconds. So you must choose such broker for which this ratio is favorable.

Strong analysis tools:

Forex market is unpredictable for scalpers. There is no proper tone for short term moments because market does not follow the basic principles for short term moments. The selection of analysis tools is an important step in forex market. A good analysis tool must possess the characteristics of judgment so that when a short moment occurs in market the system can judge it easily.

Low commission:

A good broker always charge a small commission for every trade because in scalping you are earning small profits but in greater number of times. So the commission should be such that it is always less that profit.

Chuck Hughes Scam, Fraud, Trading and Options
How do investors and traders cope with a market that has fallen more than 40% in just one year and survive until greener pastures return?

The Chuck Hughes Options program trades both call and put options. Put options allow you to profit as stocks decline in price and allow you to profit in bear markets
. According to Chuck Hughes trading more and more put option buying is migrating from your trading or play money account to your serious trading or investment account. Why not expand your investment horizons to profit during bear markets? The Chuck Hughes options trading program has produced a long history of actual trading profits during bear markets. This is not a Chuck Hughes fraud but a legitimate way to profit during down markets.

Chuck Hughes option trading includes call and put option purchases and option spreads. Call options are purchased on undervalued stocks in a price up trend and put options are purchased on stocks in a price down trend. Investors can log on to www.privatewg.com to obtain six years of profit results assuring investors that this is not a Chuck Hughes scam.

Chuck Hughes GPS, Review, Advisory and Inner Circle

Investors should always review the actual track record of a trading program before purchasing the program. There is a Chuck Hughes review available by logging on to www.worldcupadvisor.com which lists Chuck Hughes option and Chuck Hughes GPS advisory actual trading results.

The Can help you achieve a Chuck Hughes GPS goal of at least a 3 to 1 Profit to Loss Ratio (Our results = 22 to 1 Profit to Loss Ratio)

Chuck Hughes GPS, Review, Advisory and Inner Circle

The Chuck Hughes GPS system is a trend following system that trades diverse global stock and option markets. All recommended trading signals are posted on a Members Only’ proprietary web page enabling members to benefit from the continued success of the global trend following stock and option strategies. This trend identification in diverse global markets has resulted in a consistent flow of trading profits from long and short trades.

Log on to www.gpsadvisory.com to obtain a Chuck Hughes review of the latest profit results for the Chuck Hughes GPS system.

Forex Trading, a leading financial market, is very interesting way of earning money by trading different currencies at a global level. A single penny may get converted into three times its value or even more. Its like an ocean of money, where you need a perfect strategy to grab the golden opportunity in order to gain maximum profit. The Forex broker, Fedelis Capital Market Limited, would help you to catch your ‘Target’!

Fidelis Capital Markets, New Zealand, is one the leading Online Forex Broker company, born in the hands of trading Professionals having great knowledge with lots of experience in the Forex industry. This award-winning growing company is popular for its trust, competence, transparency and smart execution.

Its connectivity with renowned banks and strategic principles with enhanced solutions make it unique, not only in the crowd of Forex brokers but also at a global level. Fidelis provides you deep banking liquidity with lower spreads. It believes to fulfill Customers’ requirements with greatest satisfaction by giving them superior services.

You need not worry if you are going to enter the Forex Market, for the very first time. You will be welcome and served by the Fidelis step by step and hand in hand. It provides you a demo account before trading in the live market, to make you comfortable about ECN trading environment. It makes sure that all the processes in your fingertips and you are all set for entering into the live market which is a very well-configured.

Re-quotes, Price manipulation or ambiguous presentation with hidden charges are not the part of Fidelis’s methodology because it helps you to know, how making an independent judgment in the financial crisis considering the risk factors too. They want a reliable communication with their customers by providing the same trading environment for all types of customers.

There are certain risks that need to know as this trading not only can amplify profits but losses as well. Dont dare to involve in this if you are not able to cope up with the losses. For being on a safer side, start with small trades, fix your start-stop points and be well aware of the market changes.

Forex broker act as an inter-mediator between the buyer and seller. They facilitate Forex trading by communicating with the inter – bank market and offer you an available trading space and in turn charge a small fee or commission on each trade. They give several trading platforms also on which traders can see the prices that which offered by the brokers.

CTrader Web, cTrader Mobile Web, Fidelis Meta Trader 4, MetaTrader Multiterminal, MetaTrader 5 Beta is the basic trading platforms provided by the Fidelis Capital Markets Limited while Spread accounts and Commission accounts are the two basic trading accounts which allows users to work with technical trading tools gives direct access to the markets.
Get ready to trade with “Best bid – best offered”!

When I first began trading the Iron Condor, my game plan was to leave the trade on all the way to the bitter end.

After I placed the trade, I would just leave it be until expiration day where the options would expire worthless and disappear into option heaven.

I just assumed this was the most effective way to play the trade – especially since it allowed me to save money from my broker by not paying to close the trade.

But I don’t think this way anymore.

Now, after experiencing too many nights where I couldn’t sleep, a number of very ‘close calls’, more than my fair share of stinging ulcers and even a near hernia, I’ve made a change to the way I trade iron condors.

Now – as soon as I place the trade, I set a contingent order with my broker to buy back the call spread – as well as the put spread – once I’ve made the majority of the profit in each spread.

As an example – if I received a credit of a dollar (let’s say about fifty cents each side) when I put an iron condor trade on – I would immediately ask my broker to set up an order to buy the vertical spreads on each side back when the price on them has been reduced to about ten cents or so.

Then I would set up a contingent order to buy back the put spread of my iron condor for.05 or.10 (or at the very most.20).

Crazy?

But personally – I completely disagree.

Okay, maybe it’s true that doing this will cause me to make less profit than if I were to just hold the trade through expiration and let the options expire worthless.

But not necessarily.

Let’s take a second look at the amount of money we are talking about here. Ten cents per side – or twenty cents total. Okay – sure – it’s nothing to sneeze at – but when you step back, get a broader look, and start to take a few other things into consideration – it can actually start to look quite miniscule.

What’s more important (at least for me) – is that by closing my iron condor trade early, I have LOCKED IN FOREVER the majority of the gains on that side of the trade. And no matter what happens going forward – those gains that I’ve just banked CAN’T be taken away from me.

AND – my risk in the trade has been reduced.

I have also given myself the opportunity to generate ADDED gains from my overall position – without adding any extra risk.

Let me show you what I am talking about here:

A lot of times, the value in options will evaporate really quickly during a trade. I’ve actually seen options lose most of their value in just a few days.

Going back to our example – let’s pretend that I put an iron condor on about 40 days until expiration. For the trade I receive around a 1.00 credit. Fifty cents for each credit spread on either end of the position.

Immediately after placing the trade, XYZ heads downward over a number of days.

On the fifth day (just 4 days after I put the trade on), I look at my position and see that I can now buy back the vertical spread on the call side of my iron condor for just .10.

If I do nothing, I am choosing to risk that CALL spread margin for the next 36 DAYS for a measly $10.00 of remaining profit (per spread).

However, if I decide to just take it off for ten cents – I will have LOCKED IN the lions share of the available profit in that call side credit – guaranteeing that return on investment in just four days.

Another thing to consider, is if the stock or index we are using abruptly changes direction and heads back up (which of course DOES happen all the time) we really have nothing to be alarmed about since we’ve removed those upper options and eliminated all upside risk.

And – for icing on the cake – if it DOES head back up we have the opportunity to ‘resell’ those identical credit spreads – the same ones we just bought back for ten cents – for potentially the same amount of credit we originally sold them for – or perhaps even more. Doing this it’s possible to wind up with an even greater ROI then were were hoping for when we first initialized the iron condor trade.

But let’s just say we didn’t ‘re sell’ any options. Let’s just assume that we closed the trade entirely when our contingent orders were hit. In this case what we’ve done is eliminated risk (good thing) – freed up capital (good thing) – enlarged our return on investment over the number of days we have been in the trade (good thing) – and gotten completely out of the market a while lot sooner than if we had to sit around and wait until expiration day rolls around (and in my opinion this is a good thing too!).

Trading this way lets me take a ‘vacation’ away from the markets until it’s time to put on another trade. It allows me to peel myself away from my trading monitor and get out and enjoy all the other things in my life I’m interested in – without always thinking about how my iron condor is performing – or fretting about what I’ll do if there is a sudden stock market crash.

Getting this ‘trading break’ – this freedom to go out and do things without always feeling the need to check quotes on my phone – not having to worry about always being ‘on game’ and strategizing in my head about what adjustments I might have to make – just being able to sleep in mornings for as long as I please without stressing out about whether the market is going to make an opening gap…

These things are priceless.

Or at the very least they are WITHOUT A DOUBT worth every penny of the ridiculously small .20 cents or so of potential profit left on the table in exchange for getting out of my monthly iron condor trade early – at what is STILL an incredible monthly return.

Is your experience trading online the same as mine? The first 12 – 15 years, after I began online trading, I went through whichever book I found. I went to day trading courses, tutorials and lectures and invested in software packages that might help create my own “mother of all trading systems”.

But what I did manage to develop was less money in the bank. Forget about all the time and effort I put in. It was all of no use; the software, classes, and lectures – none of them helped too much. Not one of them trades before the market movement.

How You Can Benefit From A Good Commodity Trading System:

Ultimately, what counts is learning to read the price of the commodity you speculate in. The truly successful traders correctly forecast constantly, on their own and without employing studies or indicators, often resulting in ten point trades and more. They deal in real time and usually much before the market moves in that direction.

Insure that the commodity future online trading system you use performs in all market situations. Not only that, it must be applicable for all future, commodity or stock trading together with e-mini day trading.

Which Future You Should Trade:

If you asked me, I would tell you to trade in futures that allow day trades in spite of your being only an individual with little hard cash.

Any future will give you sufficient leverage, in terms of the range of stocks offered, and there are a number of them – the same futures traded by large institutions. Simultaneously, you should not have to pay a lot to be allowed to trade. What is more important is that you should not have to spend hundreds of hours in research, or using stock screeners and analyzing charts in each and every time frame.

You should be able to complete the contracts at once and the market should usually move favorably.

The Advantages Of A Good Trading System:

A commodity trading system that works well will teach you to read the charts like a book. If you encounter a system like this and comprehend it, you will wonder why you had never noticed it before; of course, it is not easily discernable unless it is pointed out to you. And when it is, many new trading opportunities await you.

Day trading may seem to be very complex but it can be simple. You can have fun raking in the moolah, in future system trading, without the strain or tension that as a rule is connected with day trading. The secret is to understand how to predict accurately and once you master how to do it, you can become a successful trader for as long as you live.

To repeat what I said, in the beginning, even my best day trading strategy merely resulted in my squandering money. That was till I got this program. I don’t claim it’s a magic wand, but it is the closest thing to it I have found.

What You Need To Do To Insure The System Is Really Good:

There are a number of advisors for commodity trading who maintain that their commodity trading software never fails. Always remember that the proof of the cake is in the eating. If someone tells you about a fantastic software package for futures trading, ask the sellers for proof of the success of their package.

How much money have they made on the open market, over a fairly extended period of time? Do the people who use their system average ten points a day? Will they let you watch them call the market in real time before the market movement, with some precision? Would they give you a free trial?

If you venture into day trading online before resolving these points first, you may end up going under, like I nearly did.

Title: Social Proof in Automated Forex Trading!

These days it seems like there’s a new Forex system or Fx Software coming out every month. Nobody is motivated by innovation, discovery or ingenuity… they’re all designed very clear cut reason:

BECAUSE WE WANT THEM! – And there are people out there who will do anything to sell them to us.

Forex traders are desperately searching for a REAL system and the vendors know this, so they’re giving us exactly what we want.

They’re almost like drug dealers. We get a long drawn out sales pitch, a couple of weak freebies tossed in to the mix and an acre of suspense leading us up to the day when their “newest miracle” goes on sale.

Naturally we all flock to their website hoping that “this is going to be the one” …but it never is.

I’ll tell you what the big problem is: It’s too easy for them to lie to us. A few years ago there was integrity in this business but now it’s like the moral breath this industry is locked “South” in perpetuity.

Do you have any idea how easy it is to take an MT4 statement and rip out losing trades? My 10-year-old son knows how to do it!

I’ve given up believing in any of the so-called proof that these guys throw at me and you should too.

They even cherry pick trades with their back tests. It’s completely deplorable that they’ve all sunk so far.

For the last 4 months I decided that I wouldn’t bother taking a chance on any of these products again… until I heard about this new concept of ‘Neural Networks” from a company with a product called “Leo Trader”.

I haven’t tried the product yet, but for the first time in a long time, I felt like there was still hope for traders. Their motto is “Proving the proof”.

Catchy, right?

They’re the first company that I’ve ever seen giving out the Account Investor Password to the general public.

In my opinion, this is the ONLY… and I mean the ONLY real proof out there today. Everything else can be faked, this can’t be.

The only thing I want now is for other vendors to follow suit and make this the STANDARD in the retail FX business. I’m not going to buy anything from anyone without account investor password access ever again.

If you don’t know what Account Investor Password Access is like, go have a look at the Leo Trader site. This is what you should be looking for with all other vendors from now on…