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Worthwhile Foreign Exchange Trend Finder Indicator for Entry and Exit. Greatest Scalping Methods for Trading.

Worthwhile Foreign Exchange Trend Finder Indicator for Entry and Exit. Greatest Scalping Methods for Trading.

Worthwhile Foreign Exchange Trend Finder Indicator for Entry and Exit. Greatest Scalping Methods for Trading. Trend Finder Indicator for Foreign Exchange Entry and Exit. Greatest Scalping Methods for Foreign Exchange Trading.  

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New Post has been published on https://trademasterteam.com/forex-indicator/elliot-wave-strategies-for-forex-trading-best-trading-strategies-without-indicators-18-01-2018/33801

Elliot wave Strategies for forex trading: Best trading strategies without indicator's. (18.01.2018)

[Music] hello friends is MIA scientist Rico – welcome to my channel as it affects t60 today I'm going to show you a very important video it's upon idiot wave but the previous 5 days I cannot upload any videos because I was in outside in my country still I am in our sub my country so that I can't upload anything ok so these videos is going to be very important because if you can understand this pattern properly you don't need any indicator you don't need anything if you can understand this pattern properly you can alter it by this ok I'm going to make two videos up on this Ilia to return this is my first video tomorrow I will upload another video ok so if you don't understand anything you can ask me by the comment box or email whatsapp I provide all the details in the description you can check it ok ok guys let us begin you can see there there is a market and market always work like this one okay so first market can go up then down then also go up then go down then also go up then down then also go up ok so it's always work like an wave ok so you have to understand the Elliot wave pattern properly then you can trade by this okay so it's see there when you are see these kind of things in the market first you can see if you get this one the first wave market go up you can see their market go up and then market comes a little bit down okay so when market comes little bit down then market goes again up okay so when you can open an order you can open an order at this area okay when it crawls the one okay so it's goes little down and then it's go up again so you can open an order at that position okay so then it will go more up and then if the trend continue then it can go little bit down okay but if then you can close your order or you can continue okay so if you closed your order then you can again open an order at that area when it cross the deadline okay so it market reverse from the 3-1 so when market reverse you can see market reverse from the 1 3 & 5 okay so when you can open an order first you see that market go up and comes little bit down okay then you don't open any order okay when it crawls that line okay I mean this line then you can open an order okay so you can an open an order at that area at that area okay so how can you understand that okay so the way you can see the wave in the sea or river is go up and down up and down okay so it's in by train okay Elliot wave especially work for the Train okay see you can understand the Train how its work okay so see their first market go up and then go a little bit down and go up more okay so you can open an order at that area at that area but see another thing when this wave will be end you have to understand this one properly see there in five then market goes down okay so you have to understand the resistant so you if this area crossed that line the previous down line I mean for the previous down line is four okay so when it crawls the four see market goes down and go little up but again goes down ok so you see that there is a line ok so it goes more down when it grows when it grows when market crossed the for this one then you can open another order for sale ok then market will continue again this pattern so when market go up it will go like this and when market go down if market crossed that line you can see that if market cross deadline and then market do again from the down ok so then you can open another order at that area okay when it grows it's also work like support and resistant ok in support and resistant we just see that this line is called resistant it's called support but in it web pattern you have to understand the web ok so the train of the market it's like this and when it cross at that line it's means the trend is aimed ok so I show you some more picture then you can understand you can see that it's also a pattern elite web pattern ok see their market if anyone cross it's not cross there you can see this ok zoom it you can see there it doesn't cross it then market go more up if it's goes down then train will be end but it doesn't cross okay market go more up I'm showing you more picture you can understand this one properly see market go up then goes little down and goes more up then little down and go more up then little down but not this area but when it cross it it crossed this line market will go more down then you can open in buy order okay so I'm going to the chart then you can understand properly okay okay it's a five minutes a euro USD market you can see their market goes up and goes little down and goes more up then loads little down and goes more up then goes down and more up and then it's go cross it okay so see there you can open an order when this cross I mean at that because it cross that line okay and again you can open an order you can see there if you continue this one and then at that position market goes more down and it it goes more up okay so it if it goes more up then then you can open an order at that area okay so then market goes more up but after a few times okay I draw it I mean then you can understand after few times it goes more down than this area so it's means maybe the down train so maybe the uptrend is end a downtrend at start okay so you can see there then again it's goes more up but it doesn't cross that area okay means if it crosses it again then you can open and buy order again okay so if this one if this area crossed that line so you can open a buy order but if it goes more down than this area so you can open a sale order okay so you have to understand this one properly the line okay so it's I called it the support of the Iliad om I don't know there you get many videos up on Iliad wave but I just explained it at my way I don't know what other people explain you but I understand this way it's worked very good okay so I just trying to explain it okay okay I'm showing you a sale order then you can understand okay see their market in by mode then it's goes more down so when it crosses this line this line it means you can open sale order so if you open a sell order at that position then market goes down and little up and down and little up and going down so this is the way to use Elliott Wave okay I am going to show you more example you can see there the market goes up then down then down then up okay so if you understand this one trust me you don't need any indicator just buy the candlestick you can trade okay so if you use it in five minutes chart you can use the stop-loss I think 20 or 30 pips or take profit 20 or 30 pips okay so if this is not a fixed this pattern you can't use a fixed applause or take profit okay so you have to understand the market condition okay see there is depend upon you target okay see the market goes down and then go up and goes more down okay but see you can open an order at that area if you want you can open but I think I told you you should wait for this pattern okay you need some patient okay so when after a few time it again cross that line okay so this is the best time to open an order at that position and then market go more up okay so you have to wait for the signal and I will tumor I will make another video upon Elliot wave pattern and I will explain it more because I think it's a little bit complicated and if you do not understand it you can ask me by the word sup no problem I will explain you again and tomorrow I will make another video up on this and please was this videos and if you are was those two videos I think you will understand this properly okay okay guys if you like this video please subscribe my channel and it gives a thumbs up for this video and please share it with your friends okay guys bye have a good day you [Music]

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New Post has been published on TRADE MASTER TEAM

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Forex strategies for beginners and Why most forex trader lose?

you're never going to make any money trading the forex market trust me I'm a thirty years experienced veteran trader hello friends it's me acid in this record today I'm going to show you a video it's very important for forex trader he is a very experienced trader and he is going to show you some reason why all trader or manager are losing money so if you want to protect you money from losing you have to watch this video till the end I get this video few days ago so today I'm going to share it with you if you do not subscribe my channel please subscribe it and if you like this video please share it with your friends okay let's begin one of the main reasons why most traders fail in the forex market is because they end up getting trapped in what I call the cycle of doom so what is the cycle of doom I hear you cry well the cycle of doom is basically this let's assume now you start off trading the forex markets you've got yourself a strategy now you might have developed the strategy yourself you might have copied it from another successful trader indeed you might have bought it from somewhere on the web or so forth so now you have your strategy and you're about to start trading this with live money you start putting the trigger and off the bat you start making some money everything's going great then the inevitable happens you start losing some money the strategy starts taking money away from your trading account now this doesn't feel comfortable so the most common thing you do when you start to lose money is you start to doubt the strategy so you start to tweak the strategy you make minor changes to the strategy and then you get back trading again and of course you start to mix and money again and now you have the perfect strategy but then again the inevitable will happen you will start to lose money every strategy will go through its losing periods but you doubt that you start to doubt you will strategy so again you start to tweak you make further minor changes to the schedule and off there you go again and it starts to make money same thing happens you start to lose money and you tweak again and eventually after tweaking so many times you're going to have completely lost faith in that strategy you're going to throw it out and you're going to go and search for another strategy you're going to hop between that's all strategy and a new strategy the same thing will happen you'll start to make money then the inevitable happen you'll start to tweak it and then round and round the circle the cycle of doom you go hopping and changing between strategies in the hope that you're gonna find that Holy Grail well get this it doesn't exist okay there we can see that it told us do not change your strategy again and again because no strategy is perfect so you have to trust your strategy and do not change it again and again if you are taking strategy and you have to spend some time with it and you have to test it in demo account okay let's see the rest of the video I'm going to start how do you make sure you don't get trapped in that cycle of do well first thing you need to do is you need to have confidence in the strategy that you're implementing in the market well how do you gain confidence in your strategy when you need to fully backtest the strategy you need to put it through all the historical data so you know the characteristics of that strategy you know how it's going to perform in winning periods and you know how it's going to perform in the losing periods and it's only then when you know and expect it to have losing periods that your knuckle lose faith in that strategy moving forward and you're going to continue trading that strategy knowing that it's going to come back and give you the profits that you so desire and that you so you've seen in the back testing that's one of the main reasons why most traders fail in this business the other main reason I think why a lot of traders fail in this business is because they come in with completely the wrong expectations no they've read all the the marketing hype from the goons and the educators how you can trade from the beach you can give up your day job you can tell your boss to go and jump in the lake you're now a Forex trader and you don't need to do that day job anymore well that's complete hogwash it's not gonna happen overnight the other thing you know misguided BS that's out there is that you can start off trading and make a ton of money with a $500 trading account again that is not going to happen now that's not to say you can't make a decent living with a small trading account but it's going to take time and it's going to take work on your behalf why do you think it is the brokers offer you such bonuses to come and join them if you put in $500 they'll match it with $500 they do that for one main reason because they know you're gonna blow that trading account now let's assume a broker signs up 100 new clients a week each with a $500 trading account small training you can yeah now they know that you're gonna lose that money that hundred dollars that's hundred clients a week is a two and a half million dollar a year business for that Berger because they know that you're going to blow that money because you're coming in with the wrong expectations you need to be realistic about what you can achieve in the forex market this is very important to remember don't run behind the bonus because bonus trading is not safe and no good broker offer you this such kind of tradable bonus because if you are show some greatness in this market you will lose all the money so bonus trading is not safe you have to learn forex trade properly okay let's start again headphone hedge fund manager could keep his right arm for example to have a 25 percent return on investment imagine you start off with a 500 dollar trading account and you have a great year you've made 25% on your initial deposit on York with your brokerage that's about 120 bucks hundred and twenty-five dollars or whatever it's now that's hardly enough to pay your internet but you've got to make sure that you're coming into this with the right expectations I said in future videos I'm going to show you how you can turn small accounts into a lucrative business do make sure you check out my videos on that also the other main reason why people lose money in this business is they over leverage okay they're taking on unnecessary risk and why are they taking unnecessary risk is because they have unrealistic goals again you've got to wash yourself a question why is it that the broker will offer you or 100 200 500 to one leverage because they know the greed mentality of most people you're going to lose that leverage and you're going to blow and wipe out your trading account so make sure you don't get trapped in the cycle of doom will explain about that in further videos as well make sure you have the realistic expectations about the forex market and what it can deliver you if you can start off and get your head around those two facts then you're gonna be halfway there to becoming a successful trader and there are a few condition for choosing a perfect trading strategy you have to always remember those conditions because without a perfect credentialism you cannot make profit and you have to chose no strategy by your trading system okay do not follow others or copy others and when you choose a strategy you must if using in demo and back-tested go to the history a six-month history or one year history and check check it the every situation of the market a previous market if you use this strategy in previous market what could be happened okay you understand then he will have to choose a strategy and you have you need some confidence upon your strategy and you have to follow it okay do not change it again and again okay now I'm going to explain what is what are those conditions you have to use one or two indicators maximum in your chart per chart pattern do not use more than two indicator in your chart because if you use many indicators then you will get confused okay and you can trade so chose one or two indicators which you understand very good maybe it MACD indicator or moving average indicator or boolean German or oscillator whatever it is you want to use but not more than two indicator okay you can chose a indicator strategy from my previous video you can see my moving average or any city indicator or Bollinger Band there are many strategy in the videos in my videos so watch them and select one or two and use it in your mt4 and always use take profit and take loss because if you do not use the tech loss or take profit you can trade properly and do not close any order by manually okay you don't close by hand any orders okay you have to use take profit and take two loss and leave it when you open the icon order and then you do not do anything okay I just said you take loss and take profit and leave it then I see what will happen maybe it hit the stop loss but don't worry you do not close any order manually okay and stop-loss must be less than you take profit suppose if you are trade in if you said your take profit 50 pips and you have to set the stop-loss 30 pips or 20 pips almost always used to times take profit more than your stop-loss okay and a select and time frame not below the one hour okay because are below one hour candle is not proper a carry is not proper signal okay so you have to use in one hour and use two indicators and always I have to use the tech profit and take loss you know training steadily then you can choose a perfect strategy and taste it in demo and trust me you can make profit and do not change your strategy again and again you just follow it and trust me if you follow those rules you can make profit again and if you like this video please subscribe my channel or you can click the like button or if you do not like this video also click the dislike button then I I can understand what will happen and if you have any question you can ask me in the comment box and I provide my Facebook and email address in the description you can also check it here and ask me anything you want ok I will reply and if you have any opinion Oregon during this video you can tell or told me and if you need any indicator or any strategy or any help also ask me ok this is per today bye have a good day

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Moving Average Strategy Single line 70% win Strong Forex Strategies (2017.Dec.28)

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Moving Average Scalping Strategy: My best Forex trading strategies giving you as New Year gift 2018

hello friends it's me acid into the shui code welcome to my channel as here affixed a 16 and Happy New Year today I have some gift for you today I'm going to give you my best scalping strategy which I'm using and I think if you can use it properly you can earn huge money by this it's the best helping strategy I ever seen ok so in the previous video I'm showing you how can you use moving every single line ok so in this video I am I will show you how can you do scalping with this strategy ok so at first I have to take a moving average line PV 850 and I'm doing it by the phone ok and you can also do it by phone or your computer no problem so see there there period 50 shift 0 method and apply to close ok ok and I chose the color rate ok now we get moving over this line and it's a very good strategy ok so watch this video till the end because I I have to explain anything ok and you should write it down in a pepper ok otherwise you will forget it if you just watched this video and if you don't write it and then when you using this strategy you will be forget okay so take a pepper and pause this video take a pepper and write it down ok so it's a 29 December now I'm showing you the one month history by using how how I use this one and how I make profit by this one ok the moving average single and mins fine and this moving over a single line I'm this moving every single line this one the moving every single line so this red line when you see the moving every single line go up go up side of the candle go up side of the candle and it's means market will go down okay and when it will go and honey it will go the down side of the candle down side of the candle it's means see there it's a down side of the candle its go down side of the candle so it's means market will go down but there there is some problem you have to understand when it will work properly so naming explained you the first signal of moving Everest this one okay how it's work see there first this red line go to the upside of the candle that go to upside of the candle and the this black candle cross the red line market come from the upside and it's break the moving average line okay and when it's break moving about its line then it's close this candle close under the moving average line okay this candle close under the moving average line and then we get a white candle see there we get a white candle I assume it we get a white candle so this white candle after the black candle we get a white candle but it close it doesn't close the downside of the previous candle okay it's it close there it close there but previous candle was close there so we can't open any order when we can open any order when the first candle cross the red line this is the rules number one okay write it down when the first candle cross the moving average line and the next candle are not close down sight of the previous candle okay it's close there so you can't open any order but when you can open order see they're in in this position this candle close I these candle sorry these candles close go more down than this candle okay the first candle which one the cross which on the cross the red line of Mujeres and then all three candle those three candle doesn't close below this candle below this candle but these candle close below this one so then you can open an order okay so you can open an order in this position okay so if you open an order in this position then see their market go more down okay then see their market go more down market goes more down and this is the way to use moving average line single line so you can open this order and you you can say the ten profit ten peeps stop loss and ten piece take profit okay and now I'm showing you another signal okay if you don't understand this one was this video two or three time and I use it in five minutes okay and I use it five minutes okay see there it's five minutes then go and see there it's a buy signal okay because the moving average single line goes the downside of the candle goes the downside of the candle see that it's goes down side of the candle okay and try to understand this one this is the rules number two in this position in this position those candle those kind of small candle I mean you can understand those candle those few candle you you can see that it cross the moving average line this one cross the moving average line and then and then this candle doesn't go too much below or up okay and so that you can't open any order but in this position the black candle this black candle touch the red line and then you can't open any order because the next candle this next candle doesn't close the up sight of this candle because it's you got by signals so it's necessary it's necessary this next candle have to close upside of this candle okay so you can't open any order but when you can open order see there see this candle this white candle it's close there and our and this candle close there okay so you can open an order add test at that position because it's the buy signal okay so market will go more market goes more up so if you want you can use the take 10 profit stop-loss and pin 10 profit a 10 piece take profit okay so do you understand there okay now I'm showing you another thing and if you do not understand this strategy you can ask me by the comment box okay I will reply you and if you do not understand you can also contact with me by the word step I give this number you can contact me with the hot step okay I will try my level best to explain you okay and and another thing see there we get to signal at the 29th December so it's also work it's also work and it's also work so we don't have lose position so from 2 signal we win we win – ok so and sit there it's a very good signal in this position in this position market come from the upside to downside and the black one cross the room this black one crawls the red line this line it's touched the red line and the next candle go up okay so you can't open any order because it's touch and moving hours also work as a support and resistant so it's this red side this black candle touched the moving average line and it's cross okay but this is the touch that is e okay first one I told you when the moving average line go to upset of the candle market will go down and the if it's goes down side of the candle market will go up but this is the rules number three when market come from the upside and if any candle touch the moving average 50 line if it doesn't cross properly and the next candle and the next candle go upside of the previous one then if this candle this white one close from upside of that candle then you can open order but we can see that this candle closed at that position so we can't open in order so when we can open our order we you can you can open an order at that position because these candles touch the red line and these candles flows upside of the previous candle so you can an open an order at that position okay now i zoom it out and see there how how much we make profit and see this and then market will go up okay so this is the roots number three so you have to write it down okay I told again and again you should write it and if you don't understand anything you can ask me no problem I will answer you okay so see their market will go up okay so we get three signal one is there and one is there so out of three out of three we win three okay so now I am showing you another agree I at that position we also win so go more see there see market come from the upside and it okay I think I should give a bye-bye signal order then afford proper understand that is to buy so I should watch it with the cell signal okay then you can understand properly okay market come from the upside and then it to it crossed the moving average line okay but then it crawls the moving average line but then next to to candle it's cross the moving average line and then the next candle at the same position and can see there the next the black one go more down from the previous black one is that position and this black one it's more down okay so you can open a sale order so this is the strategy to give a sell order and if you open a sell order then market will go more down okay so this is the few rules to use these strategy and if you do not understand this one please watch this video two or three time and I see that it also worked there okay market come from the upside and the black one cross the red line but the cross the red line but then the next candle is white but it doesn't close up on this one and then sorry and then the next candle come also white but it doesn't close the offset of this one then we get a black one but it doesn't close the upside but in that position Stroman line i little bit zoom into then you can understand properly okay these this one crawls the red line and we get three but no one goes more up then okay this is the line then these these can there be scandal close at that position so at that position you can open an order okay so i zoom it out see their market goes okay so you should remember this one first one i tilled it again if the red line cross the candle upset of the up site then it will go down market will go down and if the red line crosses the candle from the downside market will go up okay so these two one and another thing the moving average line also work as a support and resistance okay so when you see this kind of situation this kind of situation when you when you see this kind of situation is market go from the upside market comes from the upside and the black one crossed the red line and then mix three candle also cross this black one also cross the red line so the moving average so the moving a bar is support and resist and it's it's example for the moving our support and resistant okay so see it cross so if this white candle close go death position then you can open a sale order but it go up okay after getting down the next candle go up so you can't open any order okay then we we should wait and we see that the next three candle goes more up and at that position it goes up set of deposition so you can open an order and if market will go up okay so I think it's a little bit completion if you don't understand this one please watch this video two or three times and I provide my whatsapp whatsapp number and the email you can contact by email or what's up and it's better if you comment in YouTube because in many time most of the time I spend now I check the comment so if you do comment if you do comment then I can reply it instantly okay okay I think you understand this one and another thing trust me it's work very good and it's the gift for me for the new year okay and I wish you all the best and I hope everyone enjoyed the new year of 2018 and we will earn huge money from Forex and if you need any help you can ask me I will help you if you like this video please subscribe my channel and gives a thumbs up for this video and please share it with your friends okay guys bye have a good day you

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New Post has been published on TRADE MASTER TEAM

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Best forex trading session: best time to trade in forex with best trading hours (2018)

[Music] hello friends it's me a scientist – welcome to my channel acid effects t60 today I'm going to show you a very important thing which time is better for forex trading because you can't rate 24 hour because 24 hour forex market may be open but if you trade in euro USD so the euro in Europe and USD in America their market are not open 24 hours say for example in USA office hour are not saying are not open for 24 hours so you have to choose which hour is best for the trading and which R is also best for you ok and also the euro market or GBP market are not open 24 hour because in England are not continue their office for 24 hour so you should find it which time their market open and who I am their market close and who I am the both market the Euro market and USD market both are open so today I'm going to show you a website it's a very good website to find it at easily so it's name times of converters so I give this link in the description you can check it here ok now I'm going to show you how can you find it and then you have to go little bit down so then you can see that there are 5 currency so I avoid the Germany so another one is Britain United State Australia Japan and the Britain is also the relevant to G B P and euro okay so you can follow this time for this near is for the USD and the Sydney is for a UD a UT that Tokyo is for JPY jae-hee why okay so then you can see that you can select your time okay time zones so you can search your city there so if I chose the American New York okay I select it okay now I get then all the time upon the Newark in New York time okay so you can see that the Germany market closed London market closed but USA market are still open its means USD still open and Sydney is closed and JPY is also closed so you can see that they are they are showing the open time and there they show that close time so you can see that time there but you can see another thing the London market opened at 3 a.m. and the New York market open at 8:00 a.m. and there is closed in 11 a.m. but New York market closed in for EM so we get 8 9 10 11 so we get 3 hour in a day when the both market open ok the both market opened euro and USD or pound or USD or USD GBP those are open together in T hours so you should when you open a trade you should remember which market are still open and which one is closed because the opening time and the closing time of the market is very important for those currency okay so I think you understand this how to use this website and to find it so it will be very helpful for you so I think you can use it for you trading okay guys this is for today and if you like this video please subscribe my channel and give the thumbs up for this video and please share it with your friends okay guys bye have a good day [Music]

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New Post has been published on TRADE MASTER TEAM

New Post has been published on https://trademasterteam.com/forex-strategies/money-management-strategy-for-forex/27063

Money Management Strategy for forex

hello friends it's me a synthezoid today I'm going to show you a great video it will change your trading life and it's also changed my trading career okay two month ago I watched this video and now I think I need to share it with my viewers okay this video is by Adam ko he is a very good trader I ever seen okay and he teach a strategy very well okay this video can be go long time like a 15 minute or a 20 minute okay so keep patient and was this video till the end if you want to change your professional career if you want doesn't want to lose money in forex okay guys let's begin hi I'm Adam Koo and today I'm going to show you how I really make money consistently as a professional trader you see sometimes when I tell people that the way I generate income the way I build my wealth is by trading the stock markets sup you look at me finally and they go here isn't that gambling doesn't that depend on luck isn't that risky and I'm here to tell you the honest truth and the honest truth is that trading is gambling absolutely stock market is a giant casino it's a legal casino so let me ask you this in in gambling who always loses money the answer is the players always lose money see as a player sometimes you may win or lose in a short term you may have a winning streak based on luck but luck doesn't last forever luck would eventually run out and eventually players will always lose everything they have but who always makes money in the end the answer is the casino always makes money in the air right I'm sure you've heard this phrase that the house always wins the casino always wins no matter what happens why that is why the casino would give away free food free entertainment free drinks just to attract people to play because the more people that play the more money they make now how do they do that how can a casino and sure that in a game of chance they always make money and I'm here to share view the secrets of the casinos and you how as a professional trader I set myself up as the casino and that's how I always make money in the end so how do casinos guarantee that they always make money in the end well what they do is they rigged the games in such a way that they have a statistical edge over the market or they've got a positive expectancy while the players and negative expectancy so here's how it works let's take a typical game called pool and so it led what happens is you've got a giant wheel right and this wheel is made of numbers and you've got this spinning device right when you throw the ball in the ball spin you'll land on one of the numbers and what you can do is you can bet which number you land on will it land on an odd or even number a black or red number okay so a complicated B to bet on black or red so for example this is a red number it's a black number so another great number and so on and so forth okay now here's the thing many people think that if they make a bet with the casino they've got a 50/50 chance of being right well they are wrong it's not a 50/50 chance because the casino has rigged the game in such a way that they are all together 18 red numbers 18 black numbers similarly 18 even numbers and 18 odd numbers but they are two green numbers which are the zero and the double zero disagree okay therein lies the secret so this what happens for example if you bet on black what's your chance of being right your chance is 18 because they're 18 black numbers out of Mach 36 38 right because they're 18 black 18 red and 2 green numbers so and the casinos chance of winning is 20 out of 38 because if the ball lands on the green the casino wins as well okay so if you work it out the players chance of making money is about 47.3% the casinos H is 52.7% so what is the casinos H over the player the casinos H is fifty two point seven minus forty cell phone tree that's 5.4 percent there you go so the casino has got a 5.4 percent edge over the player and that's how they make all the money at the end of the day so what does 5.4 percent mean it means that in the long run over many many bets for every $1 that people bet in the long run the casino will make 5.4 percent of that money which is five cents five point four cents right and if a million dollars are bad in the casino the casino may on average fifty four thousand dollars so the more people that play the more people that bet the more money they make that's what happens now let me explain this explain in another way right for example if you've got a thousand bets and each bad is a thousand dollars a million is bad right million was bad right great and statistically out of a thousand bags the casinos gonna win 52.7% the players gonna win forty seven point three percent right so that means the casino will win 527 bets and lose 433 bags right now each time they bet they win a thousand they lose they lose a thousand right so this is a thousand dollars so they make five hundred and twenty seven grand they lose four hundred and seventy grand right so this minus this is you got it $54,000 that's how it worked so now I'm gonna teach you as professional traders how do we replicate the business model of the casinos but first of all let me tell you why most people who trade the stock markets will all lose money I repeat 90% of people who trade stocks will lose money just like the players who go to a casino and the reason most people will lose money is because they do have a plan they don't have a strategy right we buy based on rumors based on emotions based on opinions based on tips right so to most people when you buy a stock what's the chance of them being right 50/50 right it's random it either goes up it goes down now miss the enemies if it's 50/50 is not that bad well actually it's worse than that why remember that when you go to a casino you bet a dollar if you lose you lose a dollar if you really win a dollar right so you're risking one to make one correct but for most people when they go into the stock markets the trouble is because of their emotions they lose more when they are wrong and they make less when they are right let me give an example so most people what happens is if they buy a stock say ten dollars Ryan it's gonna go up yes you know I believe it's gonna go up right and surely it doesn't go up right goes down and what happens right they say we'll come back tomorrow you'll come back tomorrow and come back tomorrow and they keep holding on to a loser till it loses big they get a big fat loss yeah and most people when they buy a stock it starts going up by a bit say 11.0 you know they meet some money and they said let me take my profits before I lose it and they take small profits okay so most people because of instant gratification the moment they make a bit of money they want to sell and pick it off the markets right so the instant gratification causes small wins small profits and the fear of losing money causes people to not want to cut their losses so when they make a loss they say you know it's gonna come back it's gonna come back you know let me give it some more time I'm gonna have hope right and a small loss balloons to a large loss so it's a result most people win small they lose big and they are right half the time so you do the math in the end they always lose money now it's professional traders we always make money at the end of the day how do we do that we replicate the business model of the casino so I explained how the casinos rigged the game in order to have a statistical edge over the player right now in that tissue how is professional traders we rip the games we rip the stock market legally of course right so I can mention most players when they buy or they sell a stock it's a 50/50 chance you know that it either goes up it goes down but professional traders what we do is we study the markets we look for repeatable price action patterns or require technical analysis and by applying these price action patterns that are repeatable we are able to enter when the statistical itch is in our favor so let me give you an example when you look at a stock market basically there are three things that couldn't happen in the stock market okay the market either goes on an uptrend it goes on a downtrend or it goes sideways okay so I'm just gonna focus on uptrend in sideways I'm gonna do this in another video all right so if I notice that a stock is on an uptrend for example now on an uptrend you notice that a star doesn't go up in a straight line right it goes in wave patterns right or call an impulse correction empowers correction impulse correction okay and oftentimes when it corrects to a support level we call this an a moving average or support level and you see this very repeatable wave pattern it hits that level it bounces up what you think is gonna happen duh right it's probably gonna go up right so as professional traders that's when we buy because on an uptrend when the price is a support level after retracement there's a high probability that is gonna go up now is it a guarantee is it a hundred percent is gonna go up of course not right it could still go down but when you enter at this repeatable price patterns the chance of it going up it's more than 50/50 it's not a hundred percent but let's take it as a 60% chance it's gonna go up okay or even fifty five percent whatever it is right of course there'll be a forty percent when it fails and the trend reverses into a downtrend okay so say forty percent you lose and sixty percent you win okay what's your age your age is you will sixty percent you lose 40 percent your statistical age is 20 percent this better the casino the casinos H was only five point four percent and they make billions or hundreds of millions whatever it is right by some professional trader your H can be 20 percent now even if you are right only 55 percent of the time some people say there's no big deal but and you are wrong forty five percent of the time hey that's still a ten percent H so being a professional trader is better than owning a casino if you think about that way now here's their the best part as a casino when you bet if the players you're betting one-for-one right if you lose you lose $100 if you make you make $100 by professional trading we never bet one for one we always bet at least one for two in other words we always respond to make two dollars or more how do we make this happen by placing a stop loss to guarantee how much we're gonna lose and a profit target – currently how much we're gonna win when you're right so let me draw this again now in this case I mean sure another example in this example the muck is going sideways usually when a market goes sideways it's in a range my master in a range right so hits were called resistance support resistance so you have to see this repeatable price Bethenny doesn't happen for every stock it doesn't happen every day but when you see it you can trade it we oil trade when we see a repeatable price pattern all right so for example say this is ten bucks and this is fifteen bucks right so the price hits this support level and what what is can happen right door is gonna go up there right so we're gonna buy here again is it that guarantees gonna go up now it's just a probability it's better than 50/50 chance right but based on these three people price bet then say the chance of it going up is 60% chance and the chance that after I buy it dies it's a 40% chance win lose now here's the difference so say I buy at $11 what do I do I have to place what I call a spot loss order a stop loss that says hey if it goes to $9 sell it immediately I cut my losses right so if you do that how much will you lose when you're wrong you will lose $2 so by placing a stop loss you guarantee how much you are gonna lose me know when you're wrong right and you just need to make sure that the distance from your entry price you are buying 11 to the top of the range say this is 15 right so if we goes from 11 to 15 how much you may you may $4 so you're risking $2 to make 4 bucks or another we are saying it is you're risking 1 to make 2 you're risking 1 to make 2 with a 60% win rate and that's how you rip the game of the stock market now if you do this consistently in other words out of for example a hundred traits now I do about twenty traits a month on average so it takes me about five months to do a hundred traits okay a hundred traits again my win rate is say sixty percent win raped so I'm gonna win sixty traits I'm gonna lose 40 trays okay now each time I lose I lose a dollar right or whatever I'm willing to invest or trade when I win I win at least two dollars right why because like I mentioned we fixed our stop loss and our profit target and we only take the trade if we have a risk to return ratio of at least one to two so what happens now okay so I lose $40 I am made a hundred and twenty dollars so you do the math what's 120 minus 40 80 bucks so I know that you see whenever I make a trade I've got no idea whether it's a win or loss in a short term I may have a losing streak I mean may have a winning streak that's called luck okay but over many trades of at least a hundred trades for example I know I always win because of the statistics being in my favor I'll make 80 bucks in other words if I'm betting a dollar for trade and I'm betting a hundred bucks I'm getting 80 bucks back that's an 80% return okay in a hundred traders about five months okay now of course there's no guarantee they're gonna win 60% now what if the worst case no happens and you get a say get a string of bad luck right and your win rate only goes down 50% if your win rate goes on 50% it means that up 100 trades you win 50 you lose 50 right but because of the risk to return ratio the way we rigged the market guess what we are losing 50 bucks but we are winning double we are winning a hundred bucks so net net I still make fifty dollars out of a hammer dogs are still 50% return so that my friend is the essence of hot professional traders we rigged the stock market so we always make money consistently at the end of the day and that's how we grow income and our wealth hope you enjoyed that this is a very good video I ever seen came month ago I watched this video and it's changed my trading carrier trust me so today I shared this video with my viewers that I think it will help you ok so again thank to Adam who he is a very good trader he's a just like a teacher ok ok guys this is for today if you have any question regarding this video and you can ask me anything and please comment below and if you like this video please thumbs up for this video and please don't forget to subscribe this channel ok guys bye have a good day [Music]

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