How I Made $10,340 with This Incredibly Easy Trading Strategy
Title: Mastering the Trading Game: A Simple Strategy for Profiting from Gold
Introduction:
Trading can be a challenging endeavor, but with the right strategy, it can become a lucrative game. In this article, we will explore a super simple setup that allowed the author to make over ten thousand dollars in a single day trading gold. This strategy, which the author refers to as a cheat code, has helped them establish consistent success in the trading game. We will delve into the details of the trade, discuss the importance of learning how to trade, and provide valuable insights for traders looking to profit from gold.
I. The Power of a Simple Setup
The author begins by acknowledging that trading gold has historically been a challenging endeavor. However, one of their students introduced them to a setup that caught their attention. Intrigued by the potential, the author decided to give it a try. They emphasize the importance of having a reliable setup and share their excitement about the possibility of mastering the gold market.
II. The Trade Breakdown
The author provides a detailed breakdown of the trade they took on gold. They explain the significance of the day being a CPI (Consumer Price Index) day, which can greatly impact the market. They highlight the spike in price that occurred early in the day and how some of their students capitalized on it. However, the author decided to wait for a specific setup before entering the trade. They discuss the entry point, stop loss, and take profit levels, as well as the risk-to-reward ratio they aimed for. The trade ultimately proved successful, resulting in a substantial profit.
III. Understanding Price Action
To better understand the trade, the author explains the key price levels and trend lines they observed. They discuss the importance of identifying resistance zones and trend lines to determine potential entry and exit points. The author also introduces the concept of using Heikin-Ashi candlesticks, which they find to be a simpler and more effective way of analyzing price action.
IV. The Role of a Reliable Broker
The author briefly touches on the importance of using a reliable broker for forex trading. They share their positive experience with RSPFX, highlighting its fast execution and efficient deposit and withdrawal processes. They provide a link for interested readers to explore the broker further.
V. Conclusion and Call to Action
The author concludes by expressing their newfound confidence in trading gold and their commitment to continue profiting from it. They encourage readers to follow them on social media and subscribe to their channel for more valuable content. They emphasize the potential life-changing impact of their videos and invite readers to join their community.
FAQs:
1. What is the significance of CPI in trading?
2. How can I learn to trade like the author?
3. Why is gold considered a challenging asset to trade?
4. What are Heikin-Ashi candlesticks, and how do they differ from regular candlesticks?
5. Can I use the author’s strategy for trading other assets besides gold?
6. Are there any risks involved in trading gold?
7. How can I find a reliable broker for forex trading?
8. What other resources does the author offer for struggling traders or beginners?
9. How long did it take the author to master trading gold?
10. Can I replicate the author’s success by following their strategy?
Conclusion:
Mastering the trading game requires a combination of skill, strategy, and a reliable setup. The author’s experience with trading gold demonstrates the potential for substantial profits when armed with the right knowledge and approach. By understanding price action, utilizing effective candlestick patterns, and working with a trustworthy broker, traders can increase their chances of success. The author’s commitment to sharing their strategies and helping struggling traders further enhances the value of their insights.
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💸 This is the Broker I Use: https://ospreyfx.com/?cmp=1f1e1a2s&refid=29476
What discord is he talking about?
hi what's minimum investment in forex market ?
how's return?
What is the best bank to have while trading?
what site is he trading forex on
These are very valuable strategy for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession– it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $109k now to put in the market.
Assuming you went in with a 20 lot? $5 in gold is only a $500 / contract move, which is very nice! Must have a massive acct to trade that large! Either way, grats!
Hi jooviers…feeling your vibe! 🙂 Hoping to learn more from you. Liked & Subbed
how old do you have to be
Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.
do you recommend options or futures? any reason for either?
How much was your deposit and lot size to make that 10,3k
Order filled at 9:13 priceless
Bro there's people leaving what's app numbers saying they are you trying to scam people, I was one of them thought you responded to me and wasn't you
What do you trade????
The market is very unstable and you can not tell If it's going bearish or bullish. I advise y'all to forget predictions and start making a Good profit now because future valuations are all speculations and guesses.When these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me. But all thanks to Eric Birger for his amazing skills for helping me to earn 15.6 Btc through trading chart. I believe we are in the spring phase..
Bro, you scared the F out of me with that order filled sound at 9:18
Great Video! I really do have a question. For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach
Let's see your 1099 forms and monthly statements to prove you are truly making these transactions. Also, live stream yourself making these trades. And what is your cost basis and tax bracket?
The biggest Demo trader
Try exness the best broker in the world with unlimited leaverage and fast withdrawal and deposit within minutes
Your guides really works ️ thank for it, man!
Nice, OspreyFX is the same as what Arty from The Moving Average uses, I should be able to use it in Australia?
I don't get it. If you make so much money, why charge for other people making money. Pay it forward and you will get much more. My guess, you don't make jack.
Wow, halfway through the video and don't know much more than what was said in the title. Blah, blah, blah . .
What is the SWAP indicator that you're using?
Quality content on display! Get more of this through a top-rated Udemy course. "Trading Stocks Mastery Course" by Stuart Mills
Bro look like chingy
It's the very reason to look for strat that works well with your strat♥️
How do I get into your discord
My favorite way to gain an additional money in 2023
Great video, trading come with a lot of benefits And I have just bought my first house through it. As a beginner I was scared of loosing my savings but I’m glad I took the bold step that is now favoring me.
Yo guys is he ait? Or another scam
You work for 40yrs to have $1M in your
retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.
do any body know how to deposit money in osprey
Gold is racist 😂😂😂
Bro your hand movements and your explanation is amazing thak you
tôi thích thần thái của bạn này tuyệt đấy
9:11 that shit scared me bro i had volume max
I'm new to trading…so did you sit there for 1 hr watching the movement? Or since you had a stop loss, just let it run in the background?
I just made enough dough to bake biscuits for the projects! All I have to say is with this type of money your gurl will give you top ALL DAY!!!! NO PROBLEM
What platform are u guys using to trade futures
Definitely not a good entry NO BOS
Magnetized bro , lol .. share the vibe .. good vibes
How come u never tell us how much money u start with in each trade?
Great video, trading come with a lot of benefits And I have just bought my first house through it. As a beginner I was scared of loosing my savings but I’m glad I took the bold step that is now favoring me.