7 shocking tips for becoming a winning trader

There are many factors to trading and indeed to the trader that ultimately decide on how or even if a trader will be successful.

It seems ridiculous that some traders trade for entertainment value and that the risk capital for something to do! But there you have it, they have accepted losing from the start.

Others lose because of bad money management. More lose because they do not understand the difference from trading to gambling. Some traders seem gifted with all the traits mentioned. They just can’t make it happen.

The amazing thing is though that losing traders call more than 50% of the trades they enter correctly. In fact currency traders call the Euro correctly 61% And the Dollar 59% of the time yet they go on to lose long term.

In fact, statistics from FXCM claim that after analysing 43 million separate trades that the average profit of 43 pips on each winning trade was set off against an average of 83 pips every losing trade.

In short, even though traders are winning more often than they lose, they lose more points or ticks than they let themselves win.

what losing traders do

Cut your losses and let your profits run…

As you have probably gathered, although traders can win more trades than they lose on average, they are cutting their profits short and letting their losses run.

They have a key principle of trading back to front.

By trying to preserve their profits they have made, the average trader takes the profit to soon.

On the contrary, unable to take a loss they hold their position to long in the hope that they won’t lose so much.

So why not just hold a position that is winning and hope that it wins more?  Or close a position that is losing so it doesn’t lose anymore?

It sounds simple but it goes way beyond simply saying do it, don’t do it.

Pain from losing

The pain of losing out weighs the pleasure of winning. The hope that your losing trade becomes a winning trade is the flaw in most people’s arsenal when it comes down to trading.

I have often tried to think of ways to help traders get over this mentality. Although I believe that it is so ingrained in some that no advice will help these traders become successful, these quick tips may help others.

7 shocking tips for becoming a winning trader

If in doubt don’t bloody do it

If you are not sure that your trade will win don’t open the position. If you are sure and you are wrong that’s OK. The markets are not playing a game with you… They do not have emotions [essentially]. The prices of the markets are moved by people’s emotions. Stack the odds in your favour and think long term.

Start Small:

In my previous post I mentioned the power of starting small. If you learn how to make small consistent gains over time, it will prepare you better [emotionally] for the long haul.  It’s OK to be a small one… The markets don’t care about ego.

Bank Size

If your bank size is too large to start with you’ll find it much harder to take a loss. This will ultimately lead you to taking a bigger loss. This is because you don’t want to lose and can’t accept losing. Hoping and praying for a trade to turn round is BS. Financial trading just doesn’t work that way. You will never win them all.

Open a trade the other way, hedging, offsetting.

This works for some. If you are in a losing position open a trade in the opposite direction.  This will counter any further losses but at some stage you will have to close one of the trades.

Open a position both ways

This can also help master the art of closing a trade. If you open a trade both long and short and then close out the one that is losing. You then let your profits run.

Moving your stops

This is a great strategy for locking in profit. Trailing your stop up behind your positions can often lead you into a no loss situation.

And finally…

CUT YOUR  ******* LOSSES QUICK AND LET YOUR ******* PROFITS RUN!!!

 

Little Acorns Review

My Complete Little Acorns Review

Right, so after 2 months doing the Little acorns review from the beginning of December 2015 the results are in.

Now before I go on, this is a totally different type of system to that of which I normally recommend. Firstly because it is Lay betting on horses, secondly it is not a trading or arbitrage system and thirdly because it is a long term sports betting system.bet

I was very dubious about the results as the author claimed as did other reviewers that it had had only 2 losing months out of 44. That statistic I found incredible for a horse racing system.

So for almost 4 years, every month apart from the couple I mentioned has been a winner.

That’s some seriously reliable system.

So after my 2 month test, I can highly recommend the Little Acorns Racing System. [the website is a little dated but don’t let that put you off, the system is brilliant]

Now you are probably wondering why I even bothered to test it out if there were already 4 years of results? Well if I’m going to recommend something to you I want to make sure it really does work, but also I wanted to give you a full low down on why I liked it and also how it all works.

Little Acorns Review

The reasons I liked the Little Acorns system are numerous. But firstly I have to say that it is just so… simple to use.

All I did was to check the racing card prices on betfair for the selections that meet the criteria and recorded the bets.

Obviously I will now be using real money so that will take an additional seconds/minutes to place but it is a very quick and simple system to use.

The liability is very low with the average lay price of the selections being 1.75. This in itself made me see the possibilities with the system but also made me feel comfortable that the odds were in my favour.

You don’t need a lot of money to start using the system and a few hundred quid is all it takes.

Also, Little Acorns offers long term steady profits that can grow to a substantial second income after a few years of use.

Look at this chart. If you can average 10% ROI every month which on average seems realistic and attainable, you can be making a great income with minimal outlay in a reasonable time frame. Think of your investment strategy as 10 years not 10 months.

Little acorns review

 

You can see the compounding effect here also.

Acorns 10%

Over 2015 the Little Acorns system made a grand total of 111 points using the original staking plan and this included 1 losing month in June. So very near the 10% ROI I have just mentioned. But if you use the staking plan called 2 steps back the overall profit looks even healthier at 148 points profit.

If you could manage to squeeze a 15% ROI from your £400 start bank using the 2 steps back staking plan. And if this is then compounded over the same period. The results are staggering to say the least.

Little acorns system

Little acorns results

Now initially and in the beginning these profits may not seem big. I mean all month to make £40 is nothing special. But as I have said to you before and from what you can see clearly above, it’s compounding that slight edge and leaving time to do the rest for you that really works the magic.  It’s how to invest properly. Remember this is not a lottery ticket.

It’s set and forget.

This has to be a huge bonus for anyone that has a day job. Once you place the bets, that’s it for the day. You don’t have to go back and do anything else.

When I was doing the little acorns review I used to check the race cards for qualifying selections within the same time window every day. This was always from around 9-12.

So my actual results may vary slightly from someone else’s as it happens. This is because prices may have moved during the day, [drifted in or out]. But for me this is what worked. And what my results are based on.

Another thing is I did not deviate from the instructions when it came to the price of a selection at the time I was checking for qualifiers. So if there was a selection that was say .02 out of the system rules I didn’t lay it because it was almost a qualifier. I remained very disciplined throughout.

Support for the Little Acorns system

The author of the system is a great guy. He knows his stuff and looks at long term profits. He was helpful when I asked him anything about the system, although there is not really much to get confused with.

Staking plans

There are a few different staking plans that you can use and my results show the Fibonacci and the 2 steps back plan.

Personally I liked the 2 steps back plan. Not just because it was the most profitable but I can safely say that the bank was not ever in danger during my test.

But for those that are risk more adverse, level stakes is good also.

Here are the total selections I made during the test. The results do not take into account betfair commissions.

 

 

Date Selection Odds Result Stake Runners Meeting Bank 1470 2 steps
2/12/2015 ACTINPIECES 1.97 Winner 10 4 Ling 1480
Mindurownbusiness 1.78 L 10 6 Catt 1472
3/12/2015 Wolfcatcher 1.93 L 10 9 Market R 1463
Presenting Arms 1.6 L 10 5 Wincanton 1456
5/12/2015   Courtown Oscar 1.98 L 20 6 Wetherby 1446
  Ornate 1.61 Winner 20 6 Wolverhampton 1466
  Cachao 1.89 Winner 20 13 Wolverhampton 1486
  Town’s History 1.75 Winner 20 11 Wolverhampton 1506
6/12/2015   Seeyouatmidnight 1.98 L 10 6  Kelso 1496
  La Bague Au Roi 1.83 L 10 11 Huntingdon 1487
7/12/2015 Belrog 1.89 L 20 7 Chelmsford 1469
8/12/2015   Aubusson 1.81 L 30 5 Uttoxeter 1445
  Katie Too 1.82 L 30 8 Fontwell Park 1421
9/12/2015   Wavelet 1.73 L 50 7 Ling 1385
10/12/2015  Cracked Rear View 1.63 Winner 80 4 Newcastle 1465
 Born Survivor 1.83 L 80 14 Card Warwick 1400
 Rock On Oscar 1.89 Winner 80 14 Taunton 1480
12/12/2015 U S Navy Seal 1.7 Winner 10 4 Southwell 1490 1520
Peace And Co 1.81 Winner 10 6 Cheltenham 1500 1550
Famous Kid 1.9 Winner 10 8 Wolverhampton 1510 1580
Fire And Passion 1.66 Winner 10 7 Wolverhampton 1520 1610
13/12/2015 Mango Cap 1.97 Winner 10 11  Car 1530 1620
14/12/2015 Zamdy Man 1.79 Winner 10 5 Plumpton 1540 1630
Mckenzie’s Friend 1.56 L 10 8 Plumpton 1535 1625
15/12/2015 Warriors Tale 1.9 Winner 10 5 Catterick 1545 1635
Laugh Aloud 1.9 Winner 10 10 Kempton 1555 1645
16/12/2015 Dangerous Thought 1.9 Winner 10 8 Ling 1565 1655
17/12/2015 Jessber’s Dream 1.72 L 10 10 Exeter 1558 1648
22/12/2015 Capelita 1.86 Winner 10 10 Southwell 1568 1658
26/12/2015 Showboater 1.91 L 10 5 Fontwell Park 1559 1649
27/12/2015 Sprinter Sacre 1.8 L 10 5 Kempton Park 1551 1641
30/12/2015 Modus 1.8 Winner 20 14 Taunton 1571 1661
Points Profit 10.1 19.1 new stake
2/1/2016 Yorkhill 1.69 L 10 5 Sandown Park 1564 1650 11
5/1/2016 Patriotic 1.93 L 10 7 Southwell 1554 1639 11
8/1/2016 Mondial 1.87 Winner 20 10 Wolverhampton 1574 1661 11
9/1/2016 Hombre Rojo 1.96 L 10 6 Ling 1564 1650 11
Tapaculo 1.88 Winner 10 6 Kempton Park 1574 1661 11
11/1/2016 Oconnors Girl 1.91 Winner 10 4 Kempton 1584 1672 11
12/1/2016 Special Season 1.76 Winner 10 Ling 1594 1683 11
13/1/2016 Shaan 1.88 L 10 7 Kempton 1584 1672 11
14/1/2016 Tomngerry 1.75 L 10 8 Catterick Bridge 1574 1661 11
15/01/2016 Gorokai 1.75 L 20 5 Ling 1554 1639 22
16/01/2016 Black Hercules 1.78 L 30 5 Warwick 1524 1613 33
Free Running 1.92 Winner 50 5 Ling 1574 1646 33
19/01/2016 Conquer Gold 1.65 Winner 10 5 Ayr 1584 1679 33
21/01/2016 Camdora 1.96 L 10 8 Chelmsford 1574 1646 33
25/01/2016 Onenightinvienna 1.81 Winner 10 4 Kempton 1584 1701 55
27/01/2016 Binky Blue 1.98 Winner 10 7 Ling 1594 1723 22
Points Profit 2.3 6.2

 

 

Once again, I highly recommend this system for anyone looking for a long term sports betting strategy.

As with Vince’s system, it does what it says it does. It actually works.

I shall keep a monthly report of the actual results and bank as I shall start to use the system with cash. I’ll use Betdaq to place the bets as the commission is lower. But I will check the prices on betfair [if that makes sense] the prices are pretty similar but if there is and problems with liquidity and getting matched I’ll have to move back over to betfair.

A year from now you’ll wished you had started today. Order Little Acorns here

One more thing… I have managed to secure a spectacular bonus for my readers that will DOUBLE your profits if used alongside Little Acorns.

Place Profit Accelerator Method

This is an absolute gem of a bonus. Seriously… it really is. This system produced an amazing 316.84 Points Profit in 21 Months

And it’s ultra-easy to use. Simplicity really is the key to this bonus method.

This system works the numbers, not the form! And all from a liability no greater than 0.86 on any qualifying race!

 

These are the results from 2015 with only one losing month

 

JANUARY: 2015 = -6.60

FEBRUARY: 2015 = +18.70

MARCH: 2015 = +7.90

APRIL: 2015 = +5.40

MAY: 2015 = +18.55

JUNE: 2015 = +11.10

JULY: 2015 = +16.25

AUGUST: 2015 = +15.20

SEPTEMBER: 2015 = +15.60

OCTOBER: 2015 = +9.31

NOVEMBER: 2015 = +11.15

DECEMBER 2015 = +17.05

You really don’t get bonus systems like this. You normally get some crappy ebook that is totally useless in reality.

Order Little Acorns here and get the bonus Place Lay System system free.

You will not find this offer anywhere else online. So get in on it and join me.