Summary: Experience how to follow a mapped-out guideline for high probability day trading, documented in a video.
Day trading can provide an excellent opportunity for producing constant income from the financial markets; however, by our statistics, 76% of short-term traders lose money, 16% have only random income, and 8% produce constant income from the financial markets.
What is the basis of day trading success?
Successful day traders are patient until the right moment is painted on their chart to risk their money. Conversely, traders who struggle participate in too many trade situations that are not at a high probability.
Let us take a little excurse to explain the facts: If you invest in multifamily real estate, you consider:
- Location and value development
- Occupancy rate
- Depreciation
- Maintenance costs
- Interest
To calculate your free cash flow and expected return on investment. As a real estate investor, you will only risk your money when your minimum requirements on return on investment and free cash flow are fulfilled: Single-minded and random choices are not success principles. The advantage of a real estate investor compared to a day trader is that you have more time to appraise the case; however, the real estate investor has fewer opportunities to compete for producing a return.
As a trader, you best act in a similar fashion by following:
- High probability situations, mapped by your system
- Acting mechanical with pre-defined entry and exit points
- Limiting your risk per trade
- Accepting losing as part of winning, with no revenge trades
- Following a financial plan to produce a desired weekly income and you stop trading or trade smaller when your income goal reached
In essence, only day traders with a structured approach will have a chance to succeed long-term. On the other hand, random choices and overtrading are the path of destruction and the reason that 76% of the day traders lose money.
Let us explain in a video how to act at high probability price turning points, participating in a maximum of four trading opportunities per day.
Our NeverLossTrading concepts adapt to traders’ affinity, wants, and needs. We focus on acting at crucial price turning points and take price move indications from several sources. By combining NLT Systems, you can achieve a higher participation rate: more trades to participate per day, week, or month, where each system works as a standalone.
No trader is the same as another. We offer excellent customer service and adopt our systems to individual wants and needs, teaching and coaching at your best available days and times. We put together an overview of learning elements to take away from our training and coaching sessions.
Learning elements:
- Acting with a system probability > 65%
- Mechanical rules for entry, exit, stop
- Trade at perfect moments only
- Consider overall factors, patterns
- Risk and reward in an acceptable balance
- Risk-averse trading
- Holding positions to target
- Do not add to losers
- Stick with a trading strategy. Follow a business plan – action plan and financial plan
- Trade for meaningful price moves
- Systematic trading with journaling and feedback
- Having a mentor to learn from
Learning Elements to Trading Success
We also help you to journal your trades. Such a journal provides excellent feedback on how you are developing, and you find a perfect example in this article on our Blog: How to Control Your Trading Results
Get ready to change your decision-making or system and investment strategies.
To succeed in trading, you must work with an experienced coach and learn as much about trading. Our #1 competitive advantage is the support and customer service we offer. We work one-on-one with you to specify what we teach to your specific wants and needs; hence, if your knowledge base is not expanding rapidly, you are doing something wrong.
Ongoing education and mentoring are crucial to longevity in this business.
Veteran traders have been through more ups and downs than you can imagine. So whatever you’re going through, experienced pros have probably experienced it already.
If you are ready to learn, meet us in a one-on-one session where we find out which learning program suits you best:
contact@NeverLossTrading.com Subj: Demo.
We are ready to share our experiences and help you build up your trading business. Trading is not a typical career, and you best learn from those who are long-term in this business to cope with the rollercoaster of the financial markets. We are here to help and provide feedback on what you might be doing right or wrong.
Make a change to your trading results, and we will find out which of our systems suits you best.
We are happy to hear back from you,
Thomas Barmann (inventor and founder of NeverLossTrading)
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