Friday, November 6, 2015

Why your trading isn’t where it should be?


Today I want to address your #1 problem. It’s the reason why your trading isn’t where it should be. And its most likely something you’ve been doing for years without realizing…

So what is your biggest forex problem?

You spend too much time reading charts!

Now before you jump down my throat let me explain.

Yes you need to analyse the charts, and yes you need to understand the basics of how the market works. Without this foundation knowledge you’ll never get anywhere.

However in the last few days I’ve tried a different approach.

Rather than spending 4-6 hours a day, staring at the screen trying to predict the market, I’ve cut my time back to only 60 minutes.

What I’ve found is that by doing this mind is fresher, clearer and able to make better decisions.

I’m more focussed, and when I do need to analyse a trade, I know within 5 minutes, with 95% certainty that it will be profitable.

So how do I do this?

Well I recently invested in a product called Forex BBB by Vladimir Ribakov. If you haven’t heard of Vlad, then I advise you to Google him as soon as you’ve finished reading. His a great guy, and one of the few “gurus” that I trust in the Forex space.

Where was I.

Yes, Forex BBB.

This new product has given me the ultimate mix of automation with control.

What it does is it analyses every currency pairing in the world 24/5, and it identifies trades that fit with Vladimir’s proven and profitable Bollinger Band strategies.

Once its identified a potentially profitable trade, it then sends me an alert.

I then get a full report on the potential trade. Now I don’t trust any piece of software with my money. So I always send 5 minutes analysing the data that its given me, and if it fits my rules (which it foes 9/10 times), I enter the trade.

This is how I now only spend 60 minutes a day reading charts, rather than the 4-6 hours I was doing last week.

The kids have loved having me around more, The missus thinks it’s the best thing ever. And I’ve even been able to get in a round of golf!

If you do, please make sure to thank me in a few weeks once its transformed your life ;)