Fx Platforms Trading - The Art Of No Loss 4x Trading
Fx Platforms Trading - The Art Of No Loss 4x Trading
This page may annoy many and probably most 4x traders and I say good. I don't even care if any people read this web-page .
And it is not my fault that most fx traders are gullible or at best, blind sheep in the herd. It's not my fault that I make serious money every day without fail and most gullible traders lose it all.
The simple fact is that most traders are sheep who blindly follow along a of marketing hype and most forex trainers are only big-noting "expert status" rarely more than only pursuading the great unwashed something under a guise of "guru".
I am simply different because I reliably and typically make a sustainable $30,000 clear profit almost every trading day and I haven't any interest in selling you a single thing. There's nothing you can buy from this website.
With the onslaught of computer-based Platforms Trading, the telephone-voice and often criminal fx broker cut out of middle-man market manipulations that telephone order fx trading was once rife with - us retail traders possibly more than an honest chance to profit from the markets. The Platforms Trading mechanism is more fair. Though there are still fx brokerage houses that scam trades via platforms trading - mostly it is niave trading that generates losses.
Now I have your attention, let us now address the most confronting idea out there to be considered so you can all heave your guts up, and rant and rave that I am an escaped mental patient. Here we go;
"Stop Loss settings do NOT STOP Losses - they CONFIRM LOSSES".
I say that it is totally wrong to close fx trades that are showing a loss when almost always these trades can be closed in profit at a later time.
Being very blunt about this - any forex trading position that losing ground now will almost certainly be in or worst case break even at some future time because of constantly changing market emotion, news event, Fibonacci retracement or sudden sovereign intervention - and most of the time a negative price action today is fantastic tomorrow.
And because what I am arguing here about future price is easily verifiable, exiting a bad forex trade ever is nonsense!
The proper course of action to take with respect to losing trade is to hedge that trade by means of an opposite. The hedge trade immediately neutralises any and risk to your bottomline and gives you time to then consider what you will do next.
Frequently when and if prices continue to go against the first position - I then hedge again and often I will multiple-hedge a bad trade 5-10 times!
Eg, say I open a lot and it goes bad so I hedge it - and I usually hedge it at the price most people would have closed it with a stop loss setting. As the price is now running wildly in favor of my hedge, every set number of pips I will open more hedge trades. By this method my bottomline equity is well in front of where I would have been with just the one hedge, and certainly I'm way into profits ahead of the drones who used a Stop Loss setting.
When last year the USA's NFA tried to inflict its will on the retail forex trader by introducing impotent rules banning its member brokers from facilitating hedge trading. What a fool the NFA made itself out to be - given that all professional and smart money simply took their business outside of the USA. The only impact the NFA had seriously damaged the United States as a financial center; the NFA confirmed London as the heart and soul of most fx currency trading.
Even those brokers with USA operations simply moved those cash accounts who demanded hedging capabilities to their overseas offices - end of story. All smart money demands hedging capabilities. Idiots with stupid money don't hedge uses Stop Loss concept.
This page attacks the center of one of the most idiotic concepts ever related to forex trading. It may not be rocket science people - but seems this sense is not so common.
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