Category Archives: Risk Management

Article: “With the presence of Algorithms the markets have changed. How do you cope?” – May 5, 2014

Hey, FibStalker here.

As you may know I am not a big fan of traditional technical analysis. Why? You cannot win in the markets and make returns that can turn relatively small trading accounts into important amounts in a reasonable time (2-3 years).

No Paradise
Let’s face it, this is what all of us want. Isn’t it?

But you cannot do it with average cross-overs, indicators, pivots, trend lines or even the “modern” technical tools and indicators, all of which largely lag price, do not provide a trading plan, need to reconciled, etc. etc. But still the majority of traders rely on traditional TA alone, rather than studying and understanding price market structure, which is still considered very sophisticated, if considered at all. Today you have more tools, but still 95% of traders are loss-making.

Wonder why? In short, the simple ways of the past and modern TA tools and indicators are not capable of consistently identifying low-risk setups. Plus the available reward/risk ratios are relatively low. There is no “promised paradise” in such conditions.

Markets have changed
Now if you add on top of this that the presence of automated Algorithms (Algos) has changed the markets in the last 20-30 years, traditional TA looks less useful than ever.

The markets have changed, what does it means for you and your trading? This means that high-volume financial instruments (futures, forex, stocks, bonds) now expose price behavior and a structure that can be leveraged to improve trading decisions;

So it is all bad news? No, not at all. It is good news instead. Yes because you can use that price structure to help you not only identifying reversal areas well in advance and with precision. You can do much more…

What can you Do by Knowing Price Structure?
You can identify level where participation from Algos is expected and then test those areas. These are areas of low-risk setups that can be timed in the smaller timeframe in a totally procedural fashion. I call this technique the FibStalking Timing and I have authored it.

Sounds complex or impossible? Not at all. When you master price structure analysis based on the effects of algorithms (Algos), your trading gets pushed to the top…to the level of the Elite 5% of professional traders, who make money consistently.

You Can Become a Consistent Trader
Becoming expert in recognizing effects of Algos on price and taking advantage of it is not difficult. Anyone can do it. There’s just a specific process a set of tasks or “formula”, if you like it, that you have to follow.

A formula that most people are clueless about, as they are of the overwhelming presence and power of Algos and Program Trading (a peculiar family of algorithms) that can be leveraged for consistent gains and to create and maintain a prolonged trading success…

The playing field is completely level on this matter. People I work with come to me telling they have never witnessed my method. Trading based on effects of Algos on price is little known, if know at all by retail traders.

A lot of unique, effective and proprietary research has gone into this field to which I have dedicated over 10,000 hours since 2006, almost half of my total market exposure of 18,000 hours. I am an IFTA associate with 3 published papers and a 4th one to be published in July.

But isn’t trading difficult?
Trading is difficult only if you try to trade according to non-grounded market behaviors. TA has nothing to do with market behavior and price structure. An indicator or signal derived by one or more indicators are only representation of statistical tables of failure and success with a random probability.

Add mistakes, discording signals not reconciled consistently, mistakes, costs of trading, lack of discipline, lack of risk and money management and you should not be surprised that 95% of traders lose money in the markets (yes, confirmed, that is the number — I demonstrated it in my free webinar: “How to get and stay into the Elite 5%” , see below)

I suggest the full series of webinars on FXStreet.com.

See when you stop trading the non-sense you can be successful without having years of experience in the markets. And actually the lesser the experience, the easier is to grasp the counter-intuitive concepts in the FibStalker Methods Coaching Program.

Can You Really Make it?
My honest and helpful suggestion for you, if you want to start or re-start in trading, is to have a look at the benefits of the 7 months Program, and what it means for your trading. You can learn how to identify levels of potential participation from Algos and then how to time the reversal setups procedurally, with no initial money at risk and only after confirmation.

It does not get better than this. It is the market action itself “sucking you into” a valid position, aligned with the Psychology of the Markets. Plus you will learn to use proprietary tools and advanced techniques like the FibStalking Timing.

If you want to learn a complete approach to professional trading, including Advanced timing, analyzing and finally understanding price structure and what you can expect and anticipate on all timeframes, performing price discovery to know what is likely to happen consider joining my May 2015 session starting on Saturday May 30, 2015.

Learn to identify and validate solid, low-risk trading plans, write your own trading system based on the proven components that I will provide you with. In the program I will also help you finally installing a mental model to become a consistent trader.

You just have to know what the formula is and then follow it. I am making this formula available to a growing number of satisfied traders and at a price and with value that you will never seen again.

In fact, not only I am offering a discount but a new intraday trading system and value for $2,000 on top of the Coaching Program. Check my offer here. It all ends on May 29, 2015:

–> May 2015 Offer for the FibStalker Methods Coaching Program – DONT’ MISS IT! <–

As usual, let me know what you think by leaving an email at: fibstalker at gmail.com or a post on my blog.

Below the link to my newsletter if you want to learn more about my methods and my edge in the markets.

Have a great day.

The FibStalker Giuseppe, ~the FibStalker

 

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Article: “Never forget the Market can do Anything” – November 19, 2014

20131205_market can do anything

Dear all,
I often find myself and other traders and students I work with to never forget that the Market can do Anything.
Indeed, most of the things and concepts of trading that I have learned or unlearned in the years had to do with the two following concepts:
1) designing my strategy so that I could  cope with anything the market could throw at me — yes, because the “Market can do Anything” (and I would not end up ‘holding the bag’ because price would move and remain below my entry point)

2) incorporate proper and enhanced risk management so that the possibility of 1) happening is low or non-existent — a level of risk management that the majority would not be ready to accept, like exiting half of the position once the gain on the position reaches a level where it equals the trading risk.

Thus I believe the majority of retail traders do not understand or realize that you *MUST* cope with the master principle that “Market can do Anything”, while I often hear words like “expect”, “assume” and even “know” that the price can do this or that.
Words are powerful, and you should be very careful because you need to *think* something before you say it. And if you think you can expect, assume and even know what price is going to do next, well…. you will be lost — statistically and practically becoming part of the 95% group of retail traders who do not make money in the markets, but rather lose consistently.

The market is “Always Right”, if you address it with a “fixed number of pip risk”, or any other type of assumption of expectations, you will fail. Full stop.
Let the market pick the pip risk, the trading plan and all the rest: you must understand how the market is moving (normally, extended, are algos holding their anchors, etc.)
On the risk side of things, the majority of traders also do not understand that this is a game that you win in defense. You must consistently take small risks and increase the reliability and expectancy of your method. Risk management is a constant and there are ways to improve it. The problem is that you cannot just avoid optimizing risk because you only have access to a method that — being based on traditional technical analysis — can only offer R/R<=3 trades with low probability of hitting the targets.
When you start with such a disadvantage and do not get involved at the beginning of a move (the best way to manage risk too) you will think that the only way to make good return in trading is to increase risk and, maybe, even use leverage (I am *AGAINST* the use of leverage in trading, and it is not needed)…

A smart follower wrote the following to me today in relation to a level I mentioned a few days ago in the EUR/USD before it materialized: “Have a question… you had predicted EUR/USD to 1.21ish and before that to 1.26. We technically touched 1.26 today, but not over 1.26. Do you think now down to 1.21 before any uptrend ?

This question offers me the opportunity — before I offer the answer — for some speculation on the way I think about trading. For me price analysis is a balances of forces. Typically when a level or area of participation by Algos is reached I wait for a confirmation. Basically the Algorithms on the smaller timeframe, driving the counter-trend move into the important level of participation, have to show me that they give the way to the larger timeframe. The larger timeframe wins often, but not all the time. And those time when it does not win, summed to the resulting highest reliability and expectancy that can be obtained by trading right at the FibStalker levels, adds up a lot! Both in the area of winners percentage and R/R values.

So here below is my answer:

“The way my method works is that when I get price into the level of interest, where I anticipate participation for algos on the larger timeframe, I look at what happens on the smaller timeframes.

Imagine 1.26 like a potential barrier where sellers on the larger timeframe can come back into the market again. But nothing is guaranteed int the market. So at these levels I become more vigilant and switch to the smaller timeframe.
To know whether shorts will be successful they need to be strong enough to win the buyers that have pushed the market higher in the last few days.
There are two set of sequences of moves higher that matter at the moment: one on the 4-hour and the other on the 15min.

What I do then is checking if and when these counter-trend sequences fail, as an effect of new shorts that can potentially come in into the markets at the 1.26.

We all know all the information in advance and I use the FibStalking Timing Technique to verify where the 4-hour and 15min sequences fail, if they fail.

So generally there are two scenarios: 1) the sequences fail and the FibStalking timing tells you the exact confirmation level (is a well-defined price level) that tells you when the counter-trend move is not valid any more. That’s the time you must get involved in a short.

Using the confirmation level you get involved in very good spots with high R/R and only after confirmation. This is why trading with the Algos is so convenient and traditional TA is not capable of offering such high R/R trades.

On the other hand it can happen that the counter-trend sequences on the 4-hour and 15min remain intact and no-one shows up at 1.26. In this case you don’t have money at risk and the market can do whatever it wants. I will just wait.

I only get involved in the markets at my own conditions (because after you are in the market can do anything).

Now the good point is that when the counter-trend move fails below or above a FibStalker level, price momentum in the direction of the trade is strong enough to generate a free-risk trade.

If you understand trading and risk management, you know that generating a free-risk trade from a low risk retrace is your job #1 as a trader.

And that’s what I attempt to do. Once I have a free-risk trade I also have a free mind and I can go to think to something else. Because either the market hits my swing profit target or closes me at breakeven minus costs and slippage.

PS: I teach the mechanical and totally procedural way to time FibStalker levels like the 1.26 in the EUR/USD in my multi-month Coaching Program. Drop me an email at fibstalker at gmail.com and ask for information.

As usual, let me know what you think by leaving an email at: fibstalker at gmail.com or a post on my blog.

Below the link to my newsletter if you want to learn more about my methods and my edge in the markets.

Have a great day.

The FibStalker Giuseppe, ~the FibStalker

 

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“A New Philosophy for Trading Success in Modern Markets” Webinar recording now available, October 20, 2014

Dear Friends!

Last week I held a Webinar for FXStreet.com. The title of the webinar is “A New Philosophy for Trading Success in Modern Markets“.

In it I explained how badly do we need a new Philosophy to trade successfully the markets nowadays. The webinar also covers the content of my Workshop I presented at the Toronto MoneyShow last Thursday.

The content of this webinar is important. Why? Well, if you look at the results of the average trader, as well as the majority of traders, you would immediately think that we are much in need for new and effective ways of analyzing, reading and trading the markets differently.

Actually, over 90% of traders lose consistently in the markets. Moreover, 22% of Forex traders do not use any kind of hard stop (recent data shared from OANDA, one of the largest Forex brokers in the world).

So doing things differently is key is a much needed substantial change. And as we do thing differently we must look at the reality of modern markets. Markets have changed and in trading we must employ ways of reading price that are grounded in the way the modern markets work.

There are only few things that can be proven or are true about the markets. One of these is the existence of algorithms working on all time frames, in high volume markets, and their observable effects on price. I am not talking about HFT (High Frequency Trading) here. Those work only on the smaller timeframes and there is really nothing we can do about them.

Can we leverage that and obtain a edge that can significantly improve our rate of success? Yes we can. And anyone can once the rules to model effects of algos on price are known.

Have a look at how in the brief summary of this webinar.

“I will introduce a revolutionary and effective way of thinking, analyzing and trading price dynamics and reading price structure, as well as obtaining information through price discovery. I will talk about the richness of information in price brought about by classes of algorithms in modern markets. I will then touch on the 13 points of my philosophy in trading, the 11 ways of doing things differently, the 7 Pillars of Trading Success in modern trading and the 4 major steps I follow in my trading. This webinar is going to challenge what you believe about trading and what can be done without traditional technical analysis, and the complexity of its rules. This is not for the faint of heart.”

If you haven’t had the time and the opportunity to watch the webinar just yet, do it. It’s an eye opener. I had people very excited coming to me after the Toronto MoneyShow Workshop.

Maybe there is a good reason… 😉

Watch the webinar recording here, and then let me know what you think about it.

20141020_New Philosophy webinar recording

Have a good day all.

To your success, rooting for you…

~FibStalker

 

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“A New Philosophy for Trading Success in Modern Markets” – Webinar – October 7, 2014

Dear Traders, Followers and Friends!

Are you ready for another mind shifting webinar?

It is better you are because next week, Thursday October 16th, 2014 I am going to offer a new belief-changing type of webinar, packed with information that has the potential to change the way you think about trading, forever.

That’s what Participants of my FibStalker Methods Coaching Program are already saying.

Have a peek below at what they are writing to me:

  • “And FYI I caught the measured move short on S&P DOW & DAX so I paid for the class already……..”, R.M.
  • “The discussion was thought provoking”, G.S.
  • “I want to tell you that I’m very happy for the decision I’ve made as for my participation to your coaching class and of course for yours too for accepting me in.”, P.T.
  • “The first impression I have from the webinar on Saturday, is mildly stunning.”, P.T.
  • “The rules based trading system, website and mentoring program design are impressive and show a enormous amount of thought, work and preparation.”, G.S.
  • “I am to the least thrilled for what it is coming next!”, P.T.
  • “I know quality when I see it and I can tell that you offer value that is off the charts.”, G.S.
  • “I am not sure that earlier in my trading career I would have recognized that there was both more information to go back and review and more information to anticipate in the future”, G.S.

If you want to learn more about my Coaching Program, drop an email to me at: fibstalker at gmail.com

But let me go back to the main topic, my next webinar on FXStreet.com (see below):

20141007_october_FXStreet.com_webinar

The title of the webinar is “A New Philosophy for Trading Success in Modern Markets“.

How badly do we need that? Well, if we look at the results of the average trader, as well as the majority of traders, I would see we are much in need for new and effective ways of analyzing, reading and trading the markets differently. Actually, over 90% of traders lose consistently in the markets.

So doing things differently is key. And this is not ‘face value’ but a substantial change. And not something we can do without looking at the reality of modern markets. What I mean here is that I have not been looking just at another way of generating statistical data tables of past price behavior through the filters of a newly created indicators.

I leave that to new traders and inexperienced market students who believe that reaching consistency in the market is easy and it is just about finding the good formula. I continuously warn them that is not the way to go.

What I mean instead is to find ways of reading price that are grounded in the way the markets work. There are only few things that can be proven or are true about the markets. One of these is the existence of algorithms working on all timeframes, in high volume markets.

Can we leverage on that and obtain a significant edge out of that? Yes we can. And anyone can once the rules to model effects of algos on price are known.

I will talk about this and other aspects of my philosophy of trading.

Have a look at the summary of this webinar.

“I will introduce a revolutionary and effective way of thinking, analyzing and trading price dynamics and reading price structure, as well as obtaining information through price discovery. I will talk about the richness of information in price brought about by classes of algorithms in modern markets. I will then touch on the 13 points of my philosophy in trading, the 11 ways of doing things differently, the 7 Pillars of Trading Success in modern trading and the 4 major steps I follow in my trading. This webinar is going to challenge what you believe about trading and what can be done without traditional technical analysis, and the complexity of its rules. This is not for the faint of heart.”

Very bold statements, aren’t they? Come and check yourself. Subscribe at the link below:

Yes I want to subscribe to the free Webinar: “A New Philosophy for Trading Success in Modern Markets

 

If you want to look at the quality and impact of what I talk about in my webinars you may also want to have a look at the other ones I have already offered on FXStreet.com. And I promise that they are though provoking and you will find information that has the potential of changing the way you think of price and trade, for the better.

“Fallacy of Technical Analisys” Webinar recording now available on FXStreet.com, September 24, 2014

“Advanced Risk Management” Webinar recording now available on FXStreet.com, August 14, 2014

“Bandwagon Theory Illustrated in Modern markets”, Webinar recording, July 3, 2014

“Thinking and Trading like Modern Algos”, Webinar recording, June 19, 2014

“Traditional and New Uses of Fibonacci in Modern Markets”, Webinar recording, May 25, 2014

 

Hope you enjoy and, as usual, I am happy to receive your comment. Just leave a post below and send an email to me.

Have a good day all.

To your success, rooting for you

~FibStalker

 

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“Fallacy of Technical Analisys” Webinar recording now available on FXStreet.com, September 24, 2014

Dear Friends!

The webinar I offered in Yesterday morning at FXStreet.com is now available for you to view at your own convenience and time.

Find the recording of “Fallacy of Technical Analysis” Webinar here.

I promise, you will find this webinar not only very informative, but it will catch your attention (especially when I tell attendees that “statistically they are all losers, plus they are gamblers” 🙂 ).

This webinar may well also be the firs step of your transformational journey towards successful trading.

If you do not believe it, just watch it, and come back to me.

Otherwise, just take the “blue pill” and continue using and trying to make traditional Technical Analysis work.

Watch the webinar recording here, and then let me know what you think about it.

20140924_Fallacy of Technical Analysis_webinar

Have a good day all.

To your success, rooting for you…

~FibStalker

 

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Next Tuesday 14, 12:00 GMT, free Webinar “Fallacy of Technical Analisys and Market’s Review” on FXStreet.com, September 18, 2014

Hello Traders,

hope things are going well and your week is going well.

I am preparing my next Webinar that I will be offering next week on Tuesday September 23rd on FXStreet.com, the largest global Forex portal.

If you are looking at a different and effective way of looking at the markets, and wonder why you often are in the red with your trades, or you just want to bring your risk management to the next level, then next week’s webinar may be for you. I will be talking about the Fallacies of Technical Analysis and how looking at Algorithms Footprints, my own trading edge, as well as using the FibStalker Methods can dramatically help improving your trading results.

I am happy I will have the opportunity to share some of my research, which has practical impacts on my analysis and trading, and I firmly believe it can help you in your trading journey.

The webinar will be next Tuesday September 18, 2014 12:00 GMT (8am Toronto time).

See details below:

20140918_fallacy of TA and market review webinar
 Here below is the webinar’s summary: “In the first part I will discuss some of the fallacies of traditional Technical Analysis and why most common trading methods fail to provide effective trading plans. This problem is solved by studying the overwhelming presence of algorithms in high volume, modern markets, which also enables price discovery and procedural test of areas support and resistance. In the second part I will analyze the effects of algorithms on price of major Forex pairs and other markets requested by participants.”

To register for free to “Fallacy of Technical Analysis and Live Market’s Review” Webinar, follow the link below:

Click here to register for the webinar…

I hope you enjoy it, along with its fresh and useful information. This webinar will be dense of “HAHA” moments, and I am sure you will learn a lot and even develop a different view and more insights on markets’ price structure and why traditional Technical Analysis will not make you successful.

I look forward to seeing you there.
Have a great long weekend.
Regards,,,
Giuseppe, ~the FibStalker

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The Pillars of Trading in Modern Markets – Part 2: Risk Management, August 19, 2014

Dear Traders,

Today I continue my mini-series of 5 articles with a new article. I will complete this series on Friday. Every day I publish a brief article. The focus of the series is on the “Pillars of Trading in Modern Markets”.

In Yesterday’s post I have written about the Trading Method.

20140811_advancedriskmanagementToday’s topic is a very crucial one- Risk Management. I will start by defining what Risk Management is, and the way I look at it.

Risk management, simply put, is the discipline and practice of protecting the trader’s capital. I have a rule in my trading – and its called PPC, Protect Precious Capital (rule #1). And this rule is rooted in a simple fact: “when the money is gone, the game is over”.

So what I mean, is to avoid coming to that point where you realize that your financial and emotional capitals are done and gone. To avoid this unfortunate outcome (that affect regularly a very large number of traders), you have to start taking control of the situation in an informed and practical way right from the start.

You have to do whatever it takes to protect your capital. And the first thing you have to do is to stop deceiving yourself that trading is easy and that next 100% “big trade” will happen soon enough and will cover up for your previous losses. I have lost money myself thinking like that and I regularly watch and talk to inexperienced traders who think that they can risk 10%, 20%, and sometimes even 100% (when they trade without stops) of their capital on one trade, only to discover that if they put pressure and expectations in their trading, they end up “imposing” their expectations to on Mr. Market.

But as we all know, markets can be highly unpredictable. Anything can happen, and this is a fundamental truth of trading. There is nothing we can impose on something that is totally free and wild like Mr. Market. We can have positive anticipations, but certainly no expectations.

When we deal with our capital we have to distinguish between financial capital and emotional capital, and keep them separate. Understanding of the former is quite straightforward: it’s the money you have in your trading account. But the latter is trickier. This is a measure of our confidence level in trading. If we lose confidence we become unable to act and make money. In fact, when act without confidence, it’s a sure-shot way of losing money.

Note: Confidence is always the combination of Knowledge + Proof. If we experience a streak of losses we lose the ‘Proof’ part of the equation. So we lose confidence even if we know very well how to trade a good system. In a status of no confidence, generated by a low emotional capital, we are not able to generate profits in the markets.

I have talked extensively about Risk Management in my last Webinar on FXStreet.com which can be watched here:

“Advanced Risk Management” Webinar recording now available on FXStreet.com, August 14, 2014

Till then stay tuned. My topic for tomorrow will be Money Management.

Have a great day.

Giuseppe, ~FibStalker

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“Advanced Risk Management” Webinar recording now available on FXStreet.com, August 14, 2014

Dear Friends!

The webinar I offered in the morning at FXStreet.com is now available for you to view at your own convenience and time.

Find the recording of “Advanced Risk Management for Success in Modern Market” Webinar here.

On the side I want to thank Pantelis for his gracious testimony. Read below:

20140714_pantelis_testimony

— Thank you Pantelis!

Have a good day all.

To your success.

~FibStalker

 

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Tomorrow’s free Webinar at 12:00 GMT on ‘Advanced Risk Management’ on FXStreet.com, August 13 2014

Hello Traders!

FibStalker here.

I would like to remind you about the free Webinar I am going to offer tomorrow
Thursday August 10, at 12:00 GMT on FXStreet.com. You can subscribe hereunder:

http://www.fxstreet.com/webinars/sessions/advanced-risk-management-for-success-in-modern-markets-20140814

I will touch on the basic of risk management and then dive into the more advanced
concepts.

What are you plans? Are you going to do things differently, in order to become
part of the group of the elite 5% of winning traders, or do you eventually
“plan” to lose all the money you commit to trading?

Of course, if you are an experienced trader, you have already good risk and
money management in place. But even in that case, I promise there is something
new to learn and the webinar will offer a “HA-HA” experience for the majority of participants.

I will show Van Tharp’s CPR Formula for Traders, and then get into more advanced topics looking at practical, professional, Risk and Money Management best practices.

I will talk about: trading in the right direction, price structure and risk, risk-free
trades, not entering too late, partial profits, position sizing changes,
entering setups in steps to further limit risk and boost gains, super-charging
profits, market’s money, money layers, and more…

So do not miss my Webinar on “Advanced Risk Management for Success in Modern Markets”
tomorrow Thursday August 14, at 12:00 GMT. Subscribe below:

Here below is the webinar’s summary:
” Risk management is an integral part of trading. Traders often focus only on the method element of the equation. I will touch on the basics, like the ‘CPR for traders’, then focus on practical risk management that takes into account modern price structure and is grounded in the way the markets work. This includes accounting for fundamental truths like, “the markets can do anything”. Finally, I will show how even risking 1% per trade will make you wealthy, by getting aggressive on other people’s money.”

To register for the free “Traditional and new uses of Fibonacci in Modern Markets” webinar, follow the link below:

http://www.fxstreet.com/webinars/sessions/advanced-risk-management-for-success-in-modern-markets-20140814

I like to hear your ideas. Just comment below or send an email to fibstalker@gmail.com and let me know what you think.
I read and answer each mail personally.

I am confident the content of the Webinar will help to bring your trading to the next level.

I look forward to seeing you there.

To your success,

Regards,,,

Giuseppe, ~the FibStalker

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“You can only win with ‘Advanced Risk Management'”, August 11, 2014

Basic Risk Management alone does not allow respecting Market’s Fundamental Principles and Truths (although very important, Basic Risk management alone is a losing proposition)…

20140811_advancedriskmanagement… if you want to win and become part of the Elite 5% of consistent traders, you must consider adopting my best practices of ‘Advanced Risk Management’.

These days I am working to the content of my next Webinars at FXStreet.com.

This is going to take place on next Thursday August 14, at 12:00 GMT. You can subscribe to “Advanced Risk Management for Success in Modern Markets” webinar here.

As usual, I am going to provide something new to my followers. This is part of my research and trading activity in the last 13 years.

I continuously and consistently work hard for my followers and always give something new to them. Whether it is an article or a free Webinar with a piece of research or unique knowledge and information that  cannot be found elsewhere, I strive to educate my followers!

In the upcoming Webinar you will learn my main Rules of Trading, the  Fundamental Market’s Principles and Truths related to Risk Management, how to reach Trading Objectives and the reason why we need Risk Management.

I will briefly introduce the basics of Risk Management, including Van Tharp’s CPR formula.

If you do not know this formula you are in big troubles, and if you are currently trading real money you should stop now!

Why do I sound so adamant and extreme?

Well, the CPR Formula allows to cover for a couple of fundamental Market’s Principles, but there are other Truths, Principles and Objectives that, if you do not have them clear in your mind, you cannot possibly become a successful, consistent trader.

Statistically speaking, you are a loser.

Sorry for being blunt, and it is not my intention to offend you.

What I mean here is that 95% of starting and experienced traders lose money consistently and, eventually, lose all their money.

What are you plans about doing things differently, in order to become part of the group of the 5% consistently winning traders, instead of losing all the money you commit to trading?

If you have any ideas, please, send them to me at fibstalker@gmail.com

If you are serious about trading, let me know what do you think and I may be able to suggest other ideas too.

But if you have no ideas, then just watch my Webinar on Thursday on FXStreet.com. I promise this is going to be another “HA-HA” experience and will help you a lot.

Besides and beyond the basic CPR Formula for Traders, you will look at practical, real, advanced Risk and Money Management.

This is the real ‘meat’. That is when you start asking the right, important questions that very few mentors and experienced traders seem to point out: am I trading in the right direction? What is happening to price structure? Can I obtain a risk free trade and how?

Plus, am I entering too late and you should I just forego the trade? Are partial profits important? Should I take partial profits off the table and if so, where, in what portion of my position?

And more: how can I enter the setups in steps to further limit risk and boost gains? Can I super-charge my profits without jeopardizing Risk Management’s best practices?

You are going to get all these questions answered, plus you are going to discover how to supercharge your profits with the use of Market’s Money Layers.

Never heard about that? And do you still plan to be part of the Elite 5% of consistently winner traders?

If so, do not miss my Webinar on “Advanced Risk Management” next Thursday August 14, at 12:00 GMT. Check on my blog how to subscribe to the webinar.

And, of course, f you like this article and it makes sense to you please share your own ideas and comments. You can do that on the blog, on my videos or just clicking reply to this email.

I read and answer each mail personally.

Have a great week.

~FibStalker

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