View-FX Synthetic & Crypto Trading Academy
42 subscribers
555 photos
11 videos
7 files
18 links
Trading Made easy
Download Telegram
to view and join the conversation
What is the best way to trail stop your profitable trades? Easy, by placing
your stop loss behind support (troughs) and resistance (peaks) levels for short
and long trades respectively. This is the most effective technique that will
allow you to ride the trend as long as it is still intact and the result is massive

The chart above shows a trade I took based on inner trendline and
that pretty much explains the most effective way to use a trailing stop loss for
a short entry scenario.

That’s it! This technique can literally increase your account like never before
if you learn to use it properly.

The fastest - low risk secret to increasing your trading account to mind boggling profits within a short period of time is to take several trades on the same trendy move.

Making some sense now? If I had just been content with my first trade, I
would have only collected 421 plus pips. That is average result.

But I took two
additional trades as setups happened along the way resulting in more than
800 plus pips total profit.

Now, that is what I want! That is more than an average result.

This technique allows me to make such massive profits without risking more
than what I would normally risk per trade and make massive returns with just a few trades.
Instead of just being content and sitting and watching and managing only one
trade, I am actually adding on a few more trades based on that move and this maximises my profits greatly.

Instead of walking away with 400pips profit on one trade, I might actually walk away with 1000pips profit in just 3-4 trades.

Very, very possible.
Now, there are few very important points to consider when you are doing this and you MUST do them without fail every time:

• Only if the first trade is in profit and you have locked some profits, or you moved stop loss to break-even then open the 2nd trade.
• That means that at any one time when you place a trade, your risk or exposure would be only 2%(if that is what you are risking per trade)

• Similarly, only open a third trade when the 2nd trade is at break even or at least have some profits locked.

• If you get stopped out(with or without profit) in the second trade, that means that you get stopped out in your first trade as well...similarly, if you get stopped out in the 3rd trade, that means
you also get stopped out in your 2nd and 1st trades.

• Always maintain the same level of risk for each subsequent trades...that means if you risk 2% on the first trade, then you risk 2% on the second trade and so forth...
You would have increased your account by almost 62% and guess what? You
would have done it on only 4 Trades!
How many more other trades do you think would you need to reach 100%?
Maybe 1 or if not 2 or 3 or 5 trades. If you get a good run, you might achieve
100% in 1 or two trades only.

Can you see how only a few trades can significantly increase your account,
even give you 100% increase?

The ability to pick “add on” trades will come with experience and it generally
involves a lot of using insignificant highs and lows to draw inner trendlines and
take trades based on those. It also depends on switching to much smaller
timeframes to look for opportunities there.

Be confident. Be Patient. Be consistent. Be diligent. You can do it.

And to put the odds greatly on your side you need my third secret. I’ve saved
the best for the last!
Try to answer this question: Which of these
candlesticks show a stronger upward price

Did you choose candlestick 1? If you did, bad
job! It is candlestick 2!

So why does candlestick 2 show a stronger
upward momentum? Although both
candlesticks have the same high-low price
range, candlestick 2 shows
no hesitation in upward price movement. Also, candlestick 2 shows a higher
closing price.
Understanding Momentum allows me to take trades like this shown above:
And also, profits do come pretty fast too with a momentum candle as shown on the trade on
the chart above…
how many inner trendline can you see here