A lot of retail traders have a hard time with the following:
1. Where to Enter.
2. Where to place the Initial Stop.
3. Where to “protect” your profits so you don’t give back your profits. Statistics show that retail people know how to make money but majority of the times they loss it.
4. When to get out.
In order to learn how to resolve these issues, you need to take an Institution based Education program. Notice, I didn’t say course. Trading is all about experience on the charts. If you don’t have support after the class, there is no use taking the course at all.
Also, the course can not be a retail program either. You need to learn how the “Big Money” trades. You need to learn psychology of trading, money management, etc.
Below is a chart of the EURUSD 2 hour chart. We have tools that show the student when to look at a chart, where to enter, where to place the initial stop, what the min. reward/risk would be before the trade has entered, when to “protect” your profits, when to get out due to extreme conditions, etc.
Notice, the entry was placed before the move occurred. Retail traders wait for the move to happen before they enter i.e. they chase the market.
Institutional traders predict what is going to happen and place an order before the move happens. They wait for the market to meet their conditions before they enter.
To learn how to trade the institutional way and join our Ichimoku family, go to www.ichimokutrade.com for more information.
“WHEN THINGS ARE GOOD, YOU SHOULD BE PREPARING FOR THE WORST”. When I was a Sales Engineer in Telecom, I was preparing for the worst by learning how to trade. Where are you at in regards to “FINANCIAL FREEDOM”?
This is why you need to enter a Institution based Education Program.
EDUCATIONAL USE. Commodity Futures Trading Comission, Forex, Futures, Equity and options trading has large potential rewards, but also large potential risk and may not be suitable for everyone. You must be aware of the risks and be willing to accept them in order to invest in these markets. Do not trade with money you can not afford to lose. This is neither a solicitation nor an offer to Buy/Sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this document. The past performance of any trading system or methodology is not necessarily indicative of future results. All information provided on the Blog is for educational purpose