8 Steps to Forex Success as a Professional Trader
Step 1 is the Most important Step in our System.
If you have experienced frustration from using a trading plan sequence similar to this .
- Select your pair after analysis and planning
- Carefully consider your stop loss placement .
Execute entry as a market or pending order 
Once the trade is executed price is moving in the desired direction and proceeding nicely toward you target. Your plan requires that after a move of (50 ) pips of profit you should close 1/2 of the trade’s size move your Stop Loss to original entry plus expected spread so you cannot lose. or so you are told by the whales minions who teach you losing strategies every single day making millions with defective counsel.
Later that day
- Price gaps against your position.
- Your broker bypasses your Break Even plus spread stop loss level.
- Your trading plan and its “can’t lose” strategy is shown to have a fatal flaw. Your capital is lost.
Yes, traders this happens.
That stop loss you think protects your capital is then like a warm blanket in a heated home. When your electrical supply is cut due to disaster and the temperature outside is minus 10 degrees your family is gonna suffer. Your food is gonna spoil and pipes will freeze and burst. That blanket will be of little comfort except to your dogs.
I speak from experience :
The 1987 stock market crash . Lehman Brothers VP Houston Texas I was a Loser.
The dot com crash of 2000. I was a loser.
The near “world financial collapse of 2008”. I was unaffected as I was out of the markets due to being broke.
201? I will be here when the world’s markets crack again and Szeri Nos Biggs Trading clients and students will earn big …..
We will earn because our system uses two features that most plans do not include . We are showing you one of those today . We are showing you today. Step 1 of our System has been taught to many others since 2013 . This is the step that allows us to trade “sans” stop loss. We do this with confidence. When properly applied to any monthly trade analysis, you avoid those stop loss surprises. You will control when loss is taken and not be at the mercy of your broker.
This Step requires the following sequence of actions.
- Select a pair for monthly analysis
- Create a simple line chart for your analysis
- Ask this question? Can I “see” direction of price over a period of 1 to three years. ( The magic is in knowing how to do that with certainty)
- You will have one of 4 options
- Price is rising
- Price is failing
- Price is ranging
- Unsure…. Later you will learn why this is the most important and safest answer.
Here is the chart my student submitted. This explanation earned her an 
for Step 1.
If you would like to know more about our 8 steps system you have several options. The one below is your best!
