Binary Trading

Binary trading

If you have never tried or considered Binary Trading, then maybe it’s about time you should… but you need to take some caution before you get started.

Binary trading offers a great opportunity to start trading with smaller starting banks and the ability to know exactly how much you stand to win or lose.

Plus, you have access to a great range of currencies, indices and now even individual shares to trade. It’s also very easy to open an account.

Binary Trading Systems

I have mentioned that I have been working diligently over the last 18 months or so trying to find a day trading system that worked that I could offer to my blog readers.

This was a painful and time consuming experience.

All the systems that I reviewed and looked into, had some sort of unreasonable trading condition that I was not keen on.

These conditions ranged from the price of the system and ludicrous staking plans to huge starting banks and just utter garbage… Oh, and everything else in the middle.

Another thing that I often thought was that many of these systems had been designed by marketers or by the binary options companies themselves.

Call me paranoid if you like, but there’s a good reason that this might have been the case in some instances.

Binary trading is worth Billions… and it is not regulated like other trading and betting platforms.

This means that it is and can be open to manipulation. I don’t mean in the movement of prices though. Rather more like how the operators get new clients to their websites.

Binary companies know the profitability in creating “how to guides” to sell and profit from. But they [binary companies] create products with all the whistles, sales pages, bonuses and so on and then give the systems away. Obviously then they can direct buyers of their systems/products to their own websites to start trading.

Regardless of whether the systems they are offering made money long term or not, the whole process is win win for them.

Once customers are on there site testing things out, the money’s in the bank for the binary operators.

I am 100% sure I have seen this going on.

Everything Considered

When considering these issues, it seemed reasonable to approach this conundrum by creating a system from scratch that could then be traded via binary options with a reputable and trusted operator.

This is what I have done.

Profitable Trading Systems

As you will know from reading the blog, I have only ever recommended products to you that I have tested myself with real money.

These have been, Vince Stanzione’s Trading Course, Bonus bagging and Little acorns.

That is all I have recommended to you in over 6 years of blogging. But… all of those systems and courses have proven to be profitable long term.

As you can see, I have been very selective.

Binary trading system

My Binary Trading System

I must say that I’m very proud of the system that I have created. It is incredibly simple to use and amazingly accurate. You can start trading with £50 or £100 and its also pretty stress free… in fact there is really no stress at all in trading my system.

I’ll be keeping you posted of the launch date and soon I’ll add some screen shots and stats to the blog to show you what’s possible.

All readers of the blog will get a huge discount off the purchase price. So make sure that you are on the mailing list as you wont get the discount otherwise. I will only run the discount for a couple of weeks and then put the price up to normal.

Until then, open a binary account and get used to the concept of trading binary options. I am totally recommending Binary.com they can be trusted and I know that they are owned by trusted sources.

You can set up a demo account to get an idea of how it all works. It’s all very simple though.

Subscription Service

I have also considered not selling the actual binary trading system and then just sending alerts via a subscription service.

This may be an option, as then it reduces errors that you could make, but also the amount of time I may need to be giving support.

Another thing is that if I offer an alert service you can then just log straight into to your binary account and make the trade… if you have a smart phone or mobile device you can trade on the go.

Financial Spread Betting 2017

Financial spread betting 2017

What’s in store for 2017

My trading results with Vince Stanzione in 2016 were fantastic. But I think that 2017 will be even better.

There were a couple of larger losses that I avoided last year. These were on Brexit and the US elections. Even though I traded less in 2016 I actually made more.

Also, although my profits were relatively steady during most of the year, I did make a lot of points in the last 6/8 weeks of the year. This was a great boost.

I am unable to share the trades that Vince advises me on as I’m part of a private members group and this information is very restricted, but the amount of points profit you can make a year from all the various systems and strategies that Vince uses is phenomenal.

Plus, if you consider that I am still spread betting most positions, that’s pretty awesome.

Many of the opportunities that Vince highlights can actually be bought as shares. This means that you own part of whatever it may be and you can receive yearly dividends as a bonus. So, making money on the shares that you are holding makes even more after the dividends.

I don’t trade everything that Vince recommends… there are just too many for my bank to support. And I do actually have my own filters that I apply to his suggestions.

These filters that I use normally revolve around, Vince’s expected time to be in the position, stake sizes, volatility and so on.

Spread betting

Financial Spread Betting 2017

Then there are other systems that I use that Vince has taught, that basically pay a good yearly bonus or very worst case more or less evens. These are just very low risk opportunities that are well worth taking a punt on each year.

Vince also spots some great sector opportunities. Most of these can be traded by ETFs. This gives you exposure in the markets, without being strapped to a single share. ETFs are becoming more and more of a trader’s staple.

Overall, I keep a balanced portfolio by following someone that clearly know what they are doing.

Even if Vince were to vanish in the morning, I’d still be able to make trading pay because what I have learned over the years are strategies that will continue to perform over the long term.

Keeping my trading stakes and bank controlled with a balanced portfolio is key to profitable long term trading.

You can read some reviews on Vince’s system here.

So, I think 2017 is going to be a fantastic year to trade. No Brexit to consider or elections hanging over us. I can feel this will be a great trading year.

Change Your Life in 2017

Happy New Year to you all… may 2017 deliver what you wish for and be full of what you just have to have.

I heard that that saying [what you just have to have] at the start of a motivational compilation that I found just before Christmas.

Good idea to put it at the front of the video as it got me hooked into watching more… and I’m glad I did as I found it very inspirational.

The video is in this post for you to watch.

Change Your Life in 2017

Before that though, I want to remind everyone that if you really want to make a change to your life this year that you really can do it… but only if you really want it bad enough.

I often get criticised for staying positive. Although I always try to understand the logic behind such comments like… Oh your life is so great, yeah but you have time to go to the gym, but you earn more than me… the list goes on.

The thing is though, I’m not immune to failure, it’s that I just deal with adversity differently.

And then from adversity, I find a solution to do the things that I want to do.

It’s not all about Money

Most people think that a higher level of income means a higher level of happiness. They think that is the key to change your life.

But that is not at all how it is in reality.

Financial success is but a small part of the overall picture.

There is no way on earth that money makes me happier than seeing my daughter smile, laugh and play.

I’m so grateful for all the small things in life that money can’t buy.

I’m focused on making money online yes, but I’m focused on my family, diet and personal development far more.

Making money and opportunities just seem to come my way, then when they arrive it’s down to me to pursue them and put them to work.

We all have Misfortune and Challenges

Change your life

I have had more than my fair share of misfortune and challenges over these last years, believe me! But whatever challenges I or you face, moving on from them is the key to long term success.

But most people find an excuse to blame for their own lack of desire.

Injury, redundancy, litigations, divorce, maintenance, cheating partners, lost loved ones, bankruptcy, depression, family issues, health issues, insomnia, stress, mortgage arrears, not enough time, not enough money, fear…  the list goes on and on.

Yes, some of these situations are genuinely terrible, but most can be overcome.

There are more people with far greater problems than most of us that make it further than many of us ever will… Mentally, physically and financially.

Not because they are better than us or smarter than us. It’s because they just have to have what they want.

There’s no stopping these people, if they die in their pursuit of their goals then that’s a risk they’re going to take.

This year 2017, make it yours… no self doubt and excuses. If you want it, go and get it.

If you really want to make money trading, you will. If others can you can. But don’t give up until it’s yours.

Enjoy the video.

Goal setting 2017 Make it Your Best Ever Year

goal setting 2017

I hope you all had a great Christmas… and here’s wishing you all a great 2017.

2016 proved to be a year of learning for me. Although I’m always trying to learn something new, I concentrated on self improvement a lot this year.

I enjoyed this studying immensely.

The main reason that I was able to do this, was because my daughter started to do more and also longer days at pre-school nursery.

Not that I read books all day if she was at nursery, but I could juggle my time far more efficiently and have larger chunks of the evenings for me and my things.

The Trading Year

There was a lot going on this year with Brexit and the US elections.

Even though these events held some regular trading opportunities in gridlock, prices still moved up and down on all manor of things. In fact, there were quite a few quick trades that lasted only a few months this year.

I didn’t bet or trade on either of the above events. If I had I’d have lost them both.

Day Trading System

As you know, a lot of time this year has been spent researching day trading strategies. This has been one huge effort. But over the last few weeks I have been getting the first draft ready of my new system down… It should be finished by the last week of January.

Goals 2017

What’s my System Like

Well, I’m not only going to be offering you some system rules and pages of filler. I have been writing the guide from my own personal angle and perspective.

I’ve tried to address the reasons why you won’t make money day trading or any sort of trading…

This has nothing to do with the system… as that is cast iron.

It has everything to do with YOU though.

From not following rules, setting targets, setting trading times, starting banks, taking losses, over trading and even not trading enough. I’ve considered every thought thoroughly that entered my mind.

There is not one system that will suit all… although I feel by addressing the problems traders have emotionally when it comes to making trading pay, that I have come close.

You will be able to trade using my system at times throughout the day and evening that suits your current situation.

You could trade all day if you wished… But as always remember the golden rule! The money’s in the waiting. And that goes for day trading too.

Goal Setting 2017 Planning Your Year Ahead

If you haven’t read it yet read “The One Thing” set your goals around achieving that one thing and don’t stop until it’s done.

Use goal setting in 2017 to keep you focused. Plan a list of sub goals [no more than 5] that will get you to your main goal, [your one thing].

Each time you reach a sub goal, reward yourself.

I learnt this technique from the book 59 seconds. It complements The One Thing superbly.

Meditation

I have mentioned this in a few posts over the year… If you have never tried meditation before, you must at least have a go… I really can’t endorse it enough.

Meditation has been a big part of my daily life over this last year. I truly feel better for doing it. In fact, I look forward to it so much now, I miss it if I don’t meditate at least once a day.

It’s like your own brain enhancement system that is made just for you.  Awesome.

Make 2017 your best year yet

Wherever you are in your life at the moment, I wish you all the best for the coming year. Concentrate on the one major thing that will make your life better… and keep going until it’s done.

Believe in yourself… you’re stronger than you think and smarter than you can imagine.

A Product Review That Says it All

product review

More often than not when I’m shopping online, I’ll read product reviews before I purchase.

It makes little difference to the cost of them item either. If I’m considering buying a kindle book to a new monitor for my pc I’ll read the reviews if available.

Why do I do this? Well like millions of others, I’m basing my final buying decision on what other people have found out about the product before.

This feature of online shopping has changed the way that people shop and buy.

If you were in a High Street store, and were about to buy a new microwave oven, you’d read the features, look at the price and maybe listen to a store assistant that had some knowledge of the product.

You’d then purchase or not, based on your assumptions and impulses.

Product Review

Having the option to read other customers product reviews online is like being able to try before you buy.

You can get a real feel for the item you are interested in buying, just from reading the product reviews.

This is because many are incredibly detailed. Some shoppers will leave reviews that will include, size, speed, fit, colour tones, electric consumption, weight, sounds, vibration, ease of use, longevity, results, overall service and a host of other important details that you can consider.

Many of these opinions are simply not going to be available to you in store.

It is only shopping online that offers you so much time saving and effort in buying the right product that suits your own criterion.

product reviews

The reason I mention this is because it is Christmas and online shopping is at its peak once again… but also because of a review I read the other day about Vince Stanzione’s trading system.

If ever I could detail to you the ins and outs of Vince’s system, how to use it and how you can make money from this style of trading, then this review says it all.

You can have a read here.

It’s not long winded of full of waffle. It’s just a pleasant review of how it all works.

If you have been thinking about buy Vince’s system then this product review may help you make a decision either way.

Well worth a quick gander.

Disciplined Trader – That Thing Winning Traders Do

 

Disciplined trader

Self discipline is probably the greatest attribute a winning trader can possess.

I could offer you one trading rule/system and prove over time that it gives you consistent positive results.

One the other side of this, I could offer you a trading system with 6 or more rules and indicators that can still offer long term results.

The key difference in these systems is not necessarily the rules… it is how the trader manages the rules.

Is day trading 1 trade a day or multiple trades a day?

It is both of course. The point is how do you wish to operate within a trading day?

Do you want to be busy? Or find the right trade, take it on and then walk away for the day?

Should you use funds that you can safely afford to lose? Or do you trade with funds that you have an emotional attachment too?

Essential Pre-Trading Testing 

The only true way that you will find this answer out is by trading with real funds.

And there is yet another caveat to this.

You see, many people selling systems say that you should only start trading with money that you can afford to lose.

While I can see the logic behind this mentality, I fail to see how this equates to someone that can afford to lose £100,000.

How does a multimillionaire start to trade, what size bank? With £2000 or 2 million?

Reality Trading

Essentially, it seems that the less money you have to start trading the greater the probability you you have of making a better ROI.

Again, this view will be up for debate… but I can assure you that any trader that is trading with millions of $£€ has built up to that level from way smaller amounts.

Vince didn’t start out as a millionaire trader… he became one.

Risk money trading

Disciplined Trader

Any money that you trade with has to be respected and relevant.

If blowing £100 it nothing to you, then how about £500?

The fact is that… finding a level of loss that hurts you financially but you wont cost you your house if it all goes belly up.

If you are not emotionally attached to your trading bank in the sense that you care about what happens to it [your bank] then it’s likely you’re not going to be able to start a profitable trading career.

This is the first key to winning at trading. It is the first time you will be asked to be a disciplined trader… from then on you will be asked consistently.

The Disciplined Trader

It is the disciplined trader that will make money from the financial markets.

The ability to start trading with the correct sized bank, that is relevant to your current circumstances, takes honesty and discipline.

From then on in, it is time that will work its magic for you.

Therefore, you once again have to be disciplined.

You will either need to be disciplined enough to let your profits run, cut your losses or wait for the right opportunity to trade.

Winning traders are disciplined in all 3 of the above scenarios on any given trade.

 

Can You be Disciplined

If I told you that on average, you could make 6 points profit from every breakout on one minute candles; but pointed out it is better to set a points target of 6 points a day and then leave it and take the rest of the day off, could you do it?

Could you leave all those other potential 6 point trades on the table for the rest of the day?

If you are trading just one trade a day, could you just leave it there?

If I told you to back every one-minute candle within a certain criterion until you have made 2 points profit for the day… could you be disciplined enough to walk away after?

Discipline day trading

Day Trading

I’m talking the shorter term trading here as you can see. The reason for this is because I have talked about discipline with longer term trading many times before.

And since my trading system will be to accommodate day traders, I thought it an idea to point out some considerations before you even think about investing in financial trading.

In Conclusion

Any fool can start trading, but is the disciplined trader that will go on to reap the rewards and profits that trading can offer.

Discipline should be your greatest focus when it comes to trading. Become disciplined and most else will fall into place.

 

With self-discipline most anything is possible – Theodore Roosevelt

My Day Trader System

my day trader system

I have mentioned to you many times over this year that I was going to try and develop or find a day trading system that actually works.

It has been quite demanding to say the least.

My partner [bless him] and I have watched countless hours upon hours of charts forming [Not back testing]

From 1 minute, 2, 5, 10, 30 and hourly. Looking for patterns, results and trends.

That though is just the beginning of what I have been trying to achieve.

I have continually questioned why it is that people want to day trade? And why people fail at trading in general.

From my research this year, I have seen ways that might make money [trading] that I could of easily developed into something that looked really profitable, over complicated it and sold online.

If you know anything about me from reading my blog, you’ll know that’s not me.

Anything I have suggested to you that makes money, I have tested out myself with my own funds. If it works, I tell you. I sometimes make money from affiliate sales if the option is available.

My Day Trader System

Since starting my search for a profitable day trading I have honestly lost the amount of time I invested in the project.

Creating a system that worked needed a certain set of criteria. I wanted to offer not just a system with rules but a system that made you question yourself before you even made a trade.

I wanted to make sure that you had what it takes to make money trading.

To do this I have jotted down pages and pages of notes about how people react to winning and losing.

What makes a winning trader?

Can trading really be taught to anyone?

Why people want quick winnings compared to those that will wait long term.

And many other areas of consideration have come to my attention in creating a winning day trading system.

Basically, as much as I may have been able to create a seriously awesome day trading system… [hint hint] to make it even better, I need to spend time creating content to accompany the system.

This additional content will teach you about you… and what type of trader you are. It will then help you trade the system in a way that suits you rather than a way that is the only way it can be traded.

What’s more is that not only do I have to create the content, I have to deliver it in a way that will be simple for everyone.

All of this takes time and a monumental effort.

However… it is coming together.

Stock trader system

When will the System be available?

All going well, it could be ready for the late January 2017. It may take longer though.

I will keep you posted and update again in December.

There is a lot to consider yet, but this product will be my first actual product that I offer directly to my subscribers.

So much work has gone into it that it just can’t be given away for free.

If I was to give it away for free I could never offer support, then everyone is in the same boat again. I want to help you make a regular income and teach you along the way if needed.

As said I’ll keep you posted, as there will be limited copies also.

Don’t fret that it is going to cost a fortune. It’s not, it will be very affordable for all.

Trump in and Wall Street is Meditating

 

wall street meditating

Talk about surprised. It’s no wonder Wall Street are looking for ways to relieve stress…

And when you think that Paddy Power settled bets on Hillary Clinton early… the whole thing seems to make little sense.

Glad I considered value betting after all.

But that’s politics I suppose!

You have to wonder how it swung like it did though? I mean from being out the running to gaining complete control. He’s more powerful than Obama.

I mean, President Trump can pass bills on his own which Obama was unable to do.

The World Will Keep Spinning

However, the world will keep going. The markets will trend; business will start… some will flourish whilst others fail. Horses will run races, Chelsea will win the league and Mourinho will… will… ahhhh who cares…

The world will keep spinning as long as there’s a hole in your… um… ozone. The planet is far from revolving around the new president. It’s actually not that big a deal if he’s in or not if you think about it.

I can remember Ronald Regan as president [just] and wondered what the consensus was when a movie star became president? Or when he was running up to the elections? And that turned out OK… sort of.

Wall Street Meditating

Meditation for traders

It did make me smile when I read that Ray Dalio was still continuing to spread the word on Wall Street about meditation. I thought that Wall Street Meditating might come in really useful now that Trump is in.

Anyway, Ray Dalio is considered by many as the worlds greatest hedge fund manager [bridgewater]   and attributes his success to his forty-year practice of Transcendental Meditation

Eight years ago he introduced transcendental meditation to his 750 staff.

Since then the idea has grown, and it’s not only Wall Street Meditating but other business owners and traders are also embracing the benefits of meditation.

Somewhat ironically although not unsurprisingly, meditation and mindfulness has now become big business… raking in over a billion dollars in this last year.

I have mentioned the benefits of meditation to you before in this post

If you’re undecided on meditation as yet, then I can only urge you to look into it further… I think you’ll be surprised.

If not… maybe knowing that a man making $5 million a day and more say’s he owes it all to his practising of meditation since 1969, will give you a bit more encouragement to do so.

US Elections – It’s Almost Over

US elections

The US elections are finally coming to the finale.

It has been like watching some sort of bizarre soap opera this time round.

Instead of looking at the values of the candidates, I’ve found myself wondering what is going to happen, reveal itself and make the headlines next… to me at least, this election has a different feel.

Anyhow’s, beside the entertainment value, I’ll still be glad when it’s over.

Brexit and the US elections in the same year has seen me take time out the markets this year.

It’s been hard to trade and call the shots. It’s not a bull or a bear market. There have been winners and losers for sure, as always… but I’ve traded less and used the time to study more.

I have taken on a few of Vince’s suggestions as you know, and rolled over a few longer term trades; but I feel like a lion waiting to pounce at the moment.

I just think that once the elections are over that the markets will be moving one way or the other again with some conviction.

What the US Markets Are Doing

I remember at Vince’s seminar that he played a clip from the Wolf of Wall St.

It’s when they are in the restaurant, before Jordon has become a licensed broker and the head of the firm is explaining how being a broker all works… very funny and makes you wonder if he had something there?

Here’s the clip.

But as we all know from a traders prospective, trends DO exist in the markets; and some good profitable trends will back and easy to trade very soon.

Good time to Start Learning to Trade

If you’re a beginner and are looking to start trading, then this is the ideal time for you to start learning.

You’ll see some stability and clearer trends occurring, and generally find trading easier, at least until the next US elections.

Back to Studying.

As I mentioned earlier, being less active in the markets meant that I had a chance to study more.

This is a funny scenario actually.

When I’m more active in the markets I have been doing less of everything else regarding making money online.

This year I have concentrated far more on learning and creating other opportunities, self development… and so.

This has been a massive or maybe even my biggest result this year. Reading and learning more.

You see, trading doesn’t take long to do. But when you are doing something that works consistently, maybe you get a little complacent to other opportunities? I know I did.

So this year I have been concentrating on building a brand, making money via Amazon and developing my myself.

It’s been great and it has reminded me that trading gives you the chance to make a passive income so that you can create more passive income streams if you wish.

I’m going to start using my time to do so again.

So my One Thing is going to be building an Amazon business.

Of course I have many things going on in my life in different areas. And different areas have different goals. But my one business goal is going to be Amazon as a semi passive income stream.

I’ll still be reading loads and learning along the way. I have started buying paperbacks again, since I mentioned it here… I love books.

A quick glimpse of my Amazon sales for you… Long may they keep compounding.

Amazon sales

Not bad considering that my first stock items cost just over $300 including shipping to the UK.

It has been a learning curve on Amazon though, and I now have a much better understanding of how it all works. I’m now going to be adding products that I have researched for private labelling at a faster rate from here. This will see things grow much quicker.

Seasonal Buy Signals

Seasonal buy signals

I got the long awaited seasonal buy signals from Vince Stanzione… Yippee.

I say signals as there are a few different variations and options to take. The profits can be fantastic and it is one of the easiest systems to trade.

Please remember that you can still lose money trading these signals though… but long term it’s a winner.

Obviously I am not at liberty to tell you how to trade it, why you should trade it or reveal the other options you have of gaining exposure.

All these things I have learnt from Vince Stanzione directly and from being a member of his private website.

This is by no means a situation of me dangling a carrot in front of your noses though.

I always want to help you to learn how to trade the markets and also learn what it takes to make a living online if possible.

If you want to learn about seasonal trading then you really must buy the stock traders almanac. It is full of seasonal information, trading strategies and statistics.

I have mentioned it to you before. I also met the author or shall I say editor Jeff Hirsch at one of Vince’s seminars. He’s a great guy and full of wisdom on the financial markets.

It was Jeff’s farther that first published the Stock Traders Almanac back in 1967 so as you can see it a stood the test of time.

Since then, the information and growth of the original almanac has continued. Now you obviously have website memberships and seminars and so on that you can attend and learn from.

However, the real bonus of trading nowadays comes from being able to trade and indeed learn to trade from experts in the confines of your own home.

Anyway… back to Vince Stanzione… Vince was advising everyone to remember that this is not the be all of trading systems. The seasonal buy signals is just one of many strategies that are utilised over the year.

If you want learn more about trading from Vince, you can read more here.