How to make money in forex fast

Hello I am tab winner welcome to my forex blog. I have been trading forex and cryptos for over 5 years now.

Free forex bonuses

How To Make Money In Forex Fast? (Simple Winning Strategy), how to make money in forex fast.

Been a stay at home dad for about the same amount of time. Stay at home trader is owned and operated by tab winner. Stay at home trader is a participant in the amazon services LLC associates program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.Com. Stay at home trader also participates in affiliate programs with siteground, clickbank, CJ, shareasale, and other sites. Stay at home trader is compensated for referring traffic and business to these companies.

How to make money in forex fast? (simple winning strategy)

Now total disclaimer I am not suggesting in that profits are guaranteed in anyway so please visit our trading disclaimers page. So you are getting into forex and want to make money fast. That is great but make sure you get your basics down first understanding specifically about risk management you should never over leverage your account as you will likely blow it over time.

So how can you make money fast in the forex market? Use a minimal stop loss with a precision entry. It sounds simple and it can be but you need to demo before going straight to live and that goes with any strategy. Your stop loss if your profit regulators. So if you have 2% risk into a 10 pip stop loss you will make 2% every 10 pips. Same risk but using a 50 pip stop loss you will make 2% every 50 pips. That is 1/5 of what would have made with a precision entry. Just do the math.

I am going to state this again just do the math when it comes to forex. You aren’t going to make 10 million overnight and forex should never be looked at as a get rich quick scheme as you can lose hard earned money quickly.

That is why it all comes down to risk percentage and how big your stop loss is. Then of course you add in win percentage and amount of pips that is how quickly the compounding can add up.

5 pips a day can make you a millionaire in 2 years with a $5k trading account by just doing the math. Don’t believe me? That’s okay just go to any compounding calculator and put 1% daily, 20 days a month, starting with 5k for 2 years and there is the evidence.

If it is this simple why isn’t every doing it?

That is because of the penny doubled everyday mentality doesn’t exist. As I am writing this article for example there is hardly anybody that is going to see this article for months maybe even a year. But I am investing my time to be rewarded later. That is all it takes to succeed in life, but it is tough we are brought up to succeed in this way.

We are brought up to work and get our paycheck. When it comes to getting into shape everybody wants overnight results however it takes time and consistency to get the results you are looking for. That is no different with forex.

So why not in every aspect of your life apply the compound affect? (read or listen to the book by darren hardy)

This is just a way of life it is hard not to take the reward as quick as possible it took me many years to get any kind of handle on this mentality. I still struggle with it everyday. It is something that you have to just say I am going to do it and then work on the mindset as you move forward.

Make money fast in forex?

Okay back to the original question. Using a tighter stop loss yields bigger rewards without over-leveraging your account. So how do I get the precise entries? You need to focus on trading in the new paradigm. This includes using harmonics, trend lines, pithforks and the almighty fibonacci. Build energy points which is where you are stacking these confirmations together to create a tight price reversal zone (PRZ).

Here is example of a 190 pip drop caught with a 10 pip stop loss. Does this happen all the time? Of course not but you only need one of these a month and then take your 10-20 pip trades along the way.

It does take a lots of practice (volume of trades) to get these trades down. What happens though is that your losses instead of being -10 pips become -3 to -5 pips which means you are going to risk 2% for ever 10 pips but if you get out at -5 pips you are really only risking 1%.

This probably doesn’t make sense but just remember at the end of the day your job as forex trader is to protect your capital. Trading in the new paradigm is the best the way to that as well.

(from our free facebook group)

Can you get rich by trading forex?

You absolutely can get rich by trading forex, but you can also lose all your money as well. Trade smart if you risk 3% of your account it will take you losing over 33 straight trades to actually lose your account. If you are winning 7-8 out of 10 trades and not over-leveraging this will never happen. Getting rich quick doesn’t exist for most people you need to put in the work and be patient. The penny doubled a day mindset does work so stick to it for the long run taking one step at a time.

Is forex A good way to make money?

It can be if you learn to win more trades then you lose and use proper risk management. Don’t let the get rich mindset blow your account. If you learn to build slowly you will never lose your money quickly. If you make your money quickly that usually means can lose your money quickly. The shortcuts can be the longest ways in reality. Forx is a great way to make money as you can do it from anywhere in the world all you need is laptop and internet connection.

How to make money trading forex with no previous experience?

You need to start with the groundwork. Learn how to open a demo account which we teach you live for free with our membership. Start with the basics then work up to an easy strategy. Demo the heck out of it until you do something along the lines of doubling your account or maybe getting to winning 8 out of 10 trades which should be 80 out of 100. There are no gimmicks with forex you either win or you lose. Different then gambling is that you control what you risk on any given trade with your stop loss but you can ride a trade as long as you want. Just move your stop profit up and ride the trend.

Hello I am tab winner welcome to my forex blog. I have been trading forex and cryptos for over 5 years now. Been a stay at home dad for about the same amount of time.

Saving your charts is a great way to never lose your work or markups. The other upside is you can access it from anywhere you have an internet connection that includes even tradingviews mobile.

It happens you get going want to share with world your idea on trading then bam you make a mistake hit publish now you want to go back and fix. Publishing an idea on tradingview does need some fixes.

About me

Hello I am tab winner welcome to my forex blog.

My site is called stayathometrader.Com for 2 main reasons:

1. I am a stay at home father have been for over 5 years now. This blog will be documenting my journey and daily struggles of raising a daughter (4 years old now) and intraday trading forex and crypto.

2. I trade from home. I do two things for work SEO and trading forex. Both I think of in terms of compounding for myself and families future. I will be trying to post at least 1-2 times a week as I work on my education and daily trades during the week.

Some other quick things about me:

– I live in the middle of nowhere and own a small old
family farm
– we also have horses, dogs and a cat
– I do not consider myself a professional trader even
though I do make a living from it I am continually
learning and building on my methodology.
– I am a big believer in mindset. Once you get your
mind right you can do anything you want to in life.

Legal information

Stay at home trader is owned and operated by tab winner. Stay at home trader is a participant in the amazon services LLC associates program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.Com. Stay at home trader also participates in affiliate programs with siteground, clickbank, CJ, shareasale, and other sites. Stay at home trader is compensated for referring traffic and business to these companies.

This message is only visible to admins:
unable to display facebook posts

HOW TO MAKE MONEY FAST BY FOREX TRADING

There are millions of articles available online about the ways of making money fast online. But what is the thing that is getting in your way of doing that? Most of the articles are there as sales pitches to get you to sign up for some paid course or workshop. They are giving online money, making a bad name. But is there a possibility of making fast money online? Yes, it is, and that is the reason why many people are selling all of those millionaire pitches that are making money online. If you’re one of those highflyers with big dreams to become rich, you have come to the right place. We are not going to sell any workshop or course pack. However, we are going to provide you with the best way to make money online with the help of some important guidance so you can earn more.

We are going to assume that you have a knowledge of trading with a little experience. There are many legitimate ways available to make quick money online, and forex trading is one of them. It is one of the real schemes to make quick cash.

All it requires is a good trade selection, little investment, and risk management with dedication, and you are all set to change those average gains into the larger one. Here are few tips to make money fast by forex trading.

Embrace changeability:-

Forex systems have instability, which requires your management and ability to calculate your risk as they say the more the risk, the more money you make. The same goes for forex trading. If you cannot manage to calculate the risk, then you might find another way to make money. Many people back away from the forex due to the same reason as they lack taking the risk, and without risk, you cannot get a reward. The fact about forex trading is that you know what you’re losing, yet what you gain is unpredictable but undoubtedly very high. That’s what we call excitement. A well-educated forex trader would embrace it rather than being afraid of it in the forex trading or any other venture in life that involves making significant gains, you have must take a calculated risk at the right time and have the courage to stick with the decision.

Trade infrequently

Most of the traders have this mindset that if they don’t trade so much, they can’t gain enough. They like the idea of frequent trade and always want to be in the market as they fear that they will miss a move, and regular trading would make them more money, which is wrong. All you need to do is to pay attention to the trades and then make a move. There is no correlation between the trade frequency and how much money you make, so learn to be patient. With the right step at the right time, you can make more money than to keep trading without thinking. The big moves in FOREX trading, come a few times a year with the best risk to reward. Trading infrequently enhances the chances of more earnings.

Risk management:-

To earn more through forex trading, you need to be good at risk management. Every successful forex trader manages their risk, and it’s one of the most crucial elements of ongoing profitability. If you’re new to the forex trading, we suggest you keep a minimal risk on each trade. For instance, if you are investing $3,000, you should aim not to lose more than $25-35 on a single trade. That may seem small, but when you’re into multiple trades, the losses add up, which can create a considerable big amount. A good trading strategy sees the strings of losses. We read all the time about risk management in the forex trading that some traders become so obsessed with not losing. They will never win and increase the chances of losing their equity over time.

Don’t diversify:-

Most investors think that diversification can make money fast – in reality, it does just the opposite. There is no doubt that diversification is the best way to make money slowly but not fast as you are merely diluting your gains if you’re trading a small forex account. So we suggest you focus on the trades that you are confident about as it will make you big money. So don’t hedge or take other trades.

How to make money in forex fast

Making money fast can be an opportunity but not a choice since there are many limitations comes across when you go investing somewhere such as market entry barriers, risk factor, and massive funds requirements. On the other hand, opportunities don’t happen, they need to be created. Forex market is the place where investors can make money really quick as compared to other investment resources. Everyone with little to invest can join the forex world and start making money fast. In this piece, we discuss how to make money in forex fast. Before we move further, we would like to present you a short overview of the forex market so you may know how it works.

Forex market is considered one of the biggest markets of the world which are also known to be highly liquid. As per a general estimate, it undergoes a trading volume of more than 5.3 trillion dollars a day. Investors may find countless opportunities to trade and make money fast in the forex, however, increased volatility levels of the forex market can also be a threat to your investment, and could possibly make you go liquidated in all of a sudden. Therefore, you need to have some sort of filters or protection such as limit orders, stop loss, hedging techniques, and negative balance protection in place to encounter the abrupt price movements and stay unharmed. This can be very difficult for a beginner since you need to have a lot of market knowledge and trading experience to define all of the above-mentioned filters appropriately. If you are inexperienced then the best way to make money in forex fast is to use managed forex accounts.

What is managed forex account? How to make money in forex fast using managed forex accounts?

Managed forex account is a type of account in which professional forex money managers are made responsible to manage your funds. Having years of experience and profound trading techniques they are likely to manage your funds reasonably well. The risk of loss in managed forex account is way smaller than that of trading forex yourself. Managed forex accounts also make you earn consistent monthly profits. These accounts are opened with a forex broker or a company offering investment solutions for a little amount of fee which is charged in respect of managing your investment.

Where to find A company that allows to make money in forex fast

In earlier days, things were little complicated. Finding a company that offers investors to make money fast in forex was no less than a headache. However, advancement of technology has changed the way people used to search for investment companies. With the help of the internet, people can now search the company offering best-managed forex accounts from the comfort of their home. All they need is to type their keywords in the search bar of a search engine and links to several hundred websites will get displayed. A company which appears to be the most promising will definitely be the right choice to make money in forex fast. However, you need to double check the regulation status of the company you are about to invest in. It should be regulated one.

What is forex92? Can one make money in forex fast with forex92?

Forex92 is an investment-oriented company which offers fund management solutions to its clients all across the globe. The company was formed a few years ago and is situated in limassol, cyprus with its sub-offices being located in different parts of the world. The company has a number of professional traders and investment specialists having years of trading experience in the forex market. The company follows best market conditions to trade and adopt a risk-averse trading strategy to ensure the safety of its client’s investment. The company also offers some other services such as investment appraisal, working capital management, forex signals, capital rationing, fundamental and technical analysis etc.

Is forex92 A scam?

No, forex92 is not a scam. It is one of the most reputable companies around the world. The company works in collaboration with most reputed brokers of the world. It offers low cost managed forex accounts with consistent monthly returns. The company holds excellent trading record which can be verified by accessing the official webpage of the company. It keeps sharing its monthly trading performance with its clients to help them know where the company stands and how it can be a continuous source for them to make money in forex fast.

How to get started with forex92 to make money in forex fast?

Getting started with forex92 is as simple as following a few steps mentioned below.

Customer’s wishing to get their investment managed by the company need to open the official website of the company by clicking this link www.Forex92.Com

After the homepage of the website is opened, managed forex accounts can be selected as a preferred service to subscribe

A minimum of $1000 funds need to be deposited with the company’s recommended broker that can be selected from the drop-down list available at www.Forex92.Com

A written contract concerning profit sharing ration and authorization to use client’s MT4 account needs to be signed by clients

Exchange of login credentials is done in the last so the company may start trading client’s account with immediate effect.

Customer services

The company offers multilingual customer support to its clients round the clock. Clients can access the company even on weekends. Customers who wish to talk to the company’s representative over the telephone may call at +357-25123308. Those who prefer communicating with the company via email can use the email trading@forex92.Com for the same. A live web chat feature can also be accessed to raise your concerns with the company online.

Final thoughts

We reviewed forex92 thoroughly and found that it is one of the best companies around the world offering low cost managed accounts and consistent monthly returns to its clients. The company also offers an opportunity to invest in cryptocurrencies with a return of 50% to 100% monthly. The company keeps its clients posted concerning the latest trading results on regular basis and provided 24/7 customer support. We believe the company worth opening an account with, people must give it a try at least.

How to make money in forex trading: A complete guide for beginners

The foreign exchange market is the world’s most liquid market, with more than 5-trillion a day exchanging hands. The market is liquid 24-hours a day, 5-days a week, opening in the evening on sunday during north american trading hours and closing at 5-pm on friday evening during the same time zone. If you are a beginner and just dipping your toe into trading the forex markets, you should consider following the market and increasing your understanding of why exchange rates move before risking your hard-earned capital.

Learn about the financial markets

The financial markets allow investors, businesses, governments and central banks a place to transact in an open market, exchanging their risks to meet their financial needs. A corporate treasurer might need to exchange profits in euros into dollars, just as a speculator believes that the EUR/USD will rise. There are thousands of reasons why exchange rates and prices moved over a short-period of time, generating noise as participants look for an optimal price to enter or exit a position.

Before you start trading, you should learn about the different types of markets available to trade, and which one you are most interested in following. In addition to trading forex, you can also consider trading commodities, indices, and shares. The best way to learn about a market is to read about why others believe it’s moving and the different catalysts that might drive the price or exchange rate in a specific direction. For example, you might start with looking for a style of analysis that is generally provided by reputable brokers such as alpari. Your goal is to see what type of analysis they offer and what type of actionable ideas come from the analysis they provide. You can also look through a broker’s education section and see if they provide information about why the markets move. In addition to looking at a broker’s education section, you can scan the markets for websites that focus on financial markets education.

Learn to do your own analysis

There are two main types of analysis that forex traders generally focus on, which include fundamental and technical analysis. Fundamental analysis is the study of macro events that will alter the course of a currency pair. Technical analysis is the study of price action, including looking at momentum, trends and reversal patterns.

Fundamental analysis

The fundamentals surrounding the forex markets is based on the interest rates markets of each of the currencies that make up an exchange rate. For example, if you plan on trading the EUR/USD you want to have a gauge of where interest rates are likely going in the eurozone as well as the united states. In general, the stronger an economy, the more likely the central bank is to raise interest rates, which help drive up market interest rates. The reverse is also the case for a weaker economy where the central bank and market forces will likely drive interest rates lower.

The best way to determine if an economy is strong is to be able to evaluate countries financial information. This could include their employment information, their GDP, as well as inflation information such as the consumer price index. Most reputable brokers will provide you with a forex economic calendar where you can see what economists expect relative to history as well as the actual release. What is important about fundamentals is that each new piece of information can alter the direction of an exchange rate. If the economic data is greater than or worse than expected, an exchange rate will move to reflect the new information.

Technical analysis

Technical analysis is the study of historical prices. Although the past is not always a predictor of the future, different changes following specific studies can give you a gauge of where prices might move in the futures. Some of the more popular technical analysis studies include evaluating momentum. Momentum is the acceleration or deceleration of price changes. If you are interested in learning about technical analysis, you can look at your broker’s education section, or follow their technical analysis forecasts. There are also several websites that will provide you with education on different types of technical analysis tools. Some of the more popular include the MACD, the RSI, and stochastics.

Find good broker

Your forex broker facilitates the execution of transactions. While this is their most important function, there are many features a broker like alpari brings to the table which you should be aware of prior to depositing funds at that broker. First, do some due diligence. Look up reviews by your prospective broker and make sure there are no red flags. Fraud alerts or issues with withdrawing funds are the most important. You also want to make sure there is efficient customer service. You do not want to frustrate yourself by finding a broker who will not answer questions.

The next step is to evaluate the platform. Does the broker have an education section or generate technical analysis forecasts? Additionally, you want to make sure that your broker offers clients a financial calendar. Additionally, you want to find out about the leverage they provide to clients. Higher levels of margin will provide you the option to generate more revenue.

Start with a demo account

Most reputable brokers will offer you real-money accounts as well as demonstration accounts. A demo account is one where you are trading paper money, not real capital. Most good demonstration accounts offer nearly all the products that are available to trade will a real-money account. The prices will likely be in real-time or close to real-time. In addition, you will have access to most of the education and forecasting information your broker provides to real-money clients. Once you feel like you’re ready for a real-money account you can make the switch from a demo account to real funds.

Summary

There are several steps you should take before you start transacting in the forex market. You need to first learn about the financial markets and the type of information you can learn about prior to trading. Try to learn about both fundamental and technical analysis. Find a forex broker that you believe is trustworthy and provides a plethora of information. Lastly, use a demo account before you begin to risk real money.

Make money fast from forex trading

How to make money, how to make more of it, and how to do it as quickly possible are the questions bothering everyone’s mind since the beginning of time.

It is always hard to list the things that a person needs to make money. Everyone should play to their strengths, and they should capitalize on something if they are good at it. But this advice is very generic and begs the question, what does a person need to do to make a lot of money.

When posed with this question, a lot of business analysts would suggest you start a business. And this advice seems like a no brainer. To make a lot of money, you need to have your own business to generate revenue, make sacrifices, invest in that business, and make sure it grows to your appetites. But the counter to that advice now is forex market. You do not have to create and run your own business to make the money you want. There are a lot of successful people that do not have their own business, or at least they did not make their wealth through their business but through trading. So what is better? Which route will make you more money?

As with everything in the world, every choice comes with advantages and disadvantages, so let’s see which option is better.

Running your own business.

Starting your own business can be tricky, but it inevitably comes with its perks.

When you are your boss, you are always in control. You can work more and see the benefits of it. One of the biggest perks must be the fact that you are creating something of your own. When working on something that you make, it is always easier to put more effort and to invest more money and time. But with more time and money invested, the money earned is also increased. The business owners make more money, but they again run the risk of having that business ruin their finances as well. There is nothing more devastating than to invest your money, time, and strength into a place only for it not to succeed. These situations are always what deters people from starting their own business. They are either afraid to lose what they have, or they have already failed once and are so scared to try again.

No one should be derailed on their goal to succeed. One of the most important things to do in every business is to monitor and keep track of your sales through the invoice. As a business owner, if I want to learn more about free invoice template it will be helpful to check which templates are more effective and user-friendly.

Forex market – the other side of the coin

So how does forex equate to all this? To an uneducated eye, someone can think that running a business and doing forex are different worlds altogether. But actually, there are not many differences between the two. As well as doing your own business, in forex you must research all the information on the broker, you must invest your time and money to be better, and you must be aware of the downfalls. Just one part of forex trading is the actual knowledge of trading. You need to set your goals, and you need to follow them. It would be best if you analyzed the industry you are trading in. You need to know when to invest and when to back out. All this knowledge is impossible to get from trading books, guides, or seminars. That is why it is usually perceived that successful business people are great traders and vice versa. However, these are two different things, and there are separations. Unlike entrepreneurship, doing forex trading does not take so much time to learn and be good at it. One of the most exciting benefits of forex against having your own business is the simplicity at which one can start. You don’t need to worry about a lot of paperwork or even a lot of capital to start. That makes it possible for someone new to forex, to try it out, see if it fits him, and if it doesn’t, it doesn’t have to cost him a lot.

In conclusion

With all the similarities that a business owner can have with a forex trader, it is easy to see that forex trading has some undeniable advantages. With forex you can make as much money as you would with your own business only with forex you have the opportunity to do it faster and with less effort. Owning a business is also not accessible to everyone as you need a lot of funds to be able to start the business, creating a do or die situation for a lot of business owners. However, having your own business has the advantage of actually doing and creating something you love and are good at it. This fact can make all the above disadvantages go away. The question is, which one makes it more attractive to you?

Some other articles you might find of interest:

Would you like to better understand how to drive and increase traffic to your startup website?

Do you have what it takes to start and run an online business?

How to make money fast trading stocks or forex

How to make money fast trading stocks or forex: this video (and article) will teach you a very specific price pattern based on pure price action that will definitely help you in your trades.

Was this video on how to make money fast trading stocks or forex helpful to you? Leave a message in the COMMENTS section at the bottom of this page.

PLEASE “PAY IT FORWARD” BY SHARING THIS VIDEO & ARTICLE ON FACEBOOK OR TWITTER by clicking one of the social media share buttons.

How to make money fast trading stocks or forex

Welcome to this video on how to make money fast, trading stocks, forex, futures, whatever market. This is one of the patterns that we’ll crank your P&L up as fast as anything I’ve ever seen. It’s a certain setup and we all know that when we get into a trade, we liked to make money, we like to make money fast. Nothing is frustrating as getting into a position and then the market just stops moving and just kinda hangs. It doesn’t stop you out. It doesn’t go up and make any more money. Just seemed like as soon as you get in, the market moves up enough to fill your order and then it just kinda hangs there for awhile. It gets very frustrating, sometimes it can go on for so long that you start to wonder if you should even stay in the position.

Well, the pattern I’m going to teach you today is very different than that. It’s a very specific price pattern based on pure price action. Here it is, the basic explanation and then we’ll show you a couple of examples. So the first way to look at this is the pattern of price, and that pattern is a victory. I’m not quite vertical, but a very steep slope. Some people call these parabolic moves. So if you look at from here to here, if we drew a rectangle there, actually is that low, and we cut that in half. It’s not going to be a square. In other words, it’s going to be more than; roughly show that their, let’s say that was a perfect square, and that would divide the square in half. So we want to see an angle steeper than that, in other words.

How to make money in stocks

So that’s the very first thing you need, a very steep, almost a vertical move as much as the market can do it. Obviously, when each bar forms, it moves to the right. This, by the way, first of all, the pattern here is one of emotion. That’s what’s behind this. I always like to explain why things work. So what’s happening behind the scenes is there’s very emotional selling and that’s why the market moves so far. It moves a long distance in price, but not very far in time. And that’s another way of looking at the same thing. So it moves in gann terms, this would be a very steep angle with a gann fann and it covers a lot of price in a very short period of time.

And that is one of the hallmarks of emotional trading. Now, what caused it, doesn’t really matter. Could be a news report, could be earnings release, could be rumor, gossip, might not even be real, right? It might be fake news. But it’s an emotional response, in other words. And then what looking for is a little bit of consolidation. Now, the consolidation can take a little different form. And this is what you want, you want something like this and that’s generally going to happen at support. So we’ve got the support over here and that’s generally it was going to cause the consolidation, which you do not want. What does not fulfill this particular pattern; it can work for other things but not for this pattern, is for the market to move down.

Trading stocks

You don’t want it to go down and then move up, and then go down. Now, that can be another tradable pattern, not saying that doesn’t work, but that’s not this kind of pattern we’re talking about today. We’re talking about how to find a pattern that makes money fast after you get in. So if you look for this pattern here, then you’ll see you get a little consolidation and then you get another very steep angle move. That’s the point, before and after the consolidation, we’re looking for a very steep slope of move and that’s what makes you money fast in a short period of time. Here, it’s only three or four bars and that’s it, that’s the end of that leg.

So not a lot of money on that one as far as reward to risk ratio, actually reward risk ratio is not too bad. But it’s a quick little trade. Now sometimes you’ll catch these, you’ll never catch the first leg on these. That’s the thing – with this type of pattern and these very steep slope patterns, you’re going to have to wait for that first leg to be put in and then you’re looking for the second or the third leg of it. So I’ll show you another example.

Make money fast stocks

So here’s another good one. All right, so we get a bit of a move down here. Now, this time, we do get the retrace, then we get a very steep angle of price movement and then it just moves sideways. That’s what we’re looking for. And then this is where we would get in and ride that leg. It’s usually you’re just getting one leg. It’s kind of a scalp trade, if you will. But again, within one, two, three, four, five bars, you’re done. Quick trade, but your P&L goes up fast. Within five bars you’re in, you’re out, and it is a pretty good reward to risk ratio. Why? Because we’re trading inside this narrow range pattern here, and then that’s your reward. So quick trades, but fast trades P&L scrolls up fast and that’s kind of fun to see.

Now, what’s the dynamic between not wanting it to retrace? Why do I say we just want this to consolidate? Because, we want that dominant buying pressure to be retained in the price action. In other words, if the price went down and then went up a bit, well that could mean that there is some actual buying coming in. We don’t want buying. We want this thing to have almost pure bearish action that’s just pausing for a moment with basically some profit taking. And again, where’s that profit taking going to take place, at a previous low. That’s the support. Look for that, that’s what you want to see. You want to see this action at a previous low, at a support level and then wait for the breakout back to the downside. As soon as it breaks out, you’re in and out, whichever way it is.

How to invest and make money daily

Then we make the money, honey, and we a cash out right away. Now here’s an example. I want to show you again in the context of keeping it real. And what that means is you don’t always get this setup every time you can get a very steep angle. So for example, that is definitely a very steep angle, right? But we never get to actually a setup in here and then it ends and it goes up. By the way, it goes vertical right after that low. So, notice again, previous support is where these things go. But, this would not fit this parameter of this particular trade setup simply because it had not been parabolic or high vertical trade coming into that and that we never really got a consolidation after it started, so that’s okay.

I just show you this because I like to show you not just example is when everything works, when it’s perfect, everybody does that textbook example. No, I like to show you those of course, but then I also want to show you the reality because when you get it in their trading, you’re going to say, well dang, I didn’t get a pattern. How come? Because they don’t all give you these trade patterns. When they do, great, when they don’t, go onto the next trade. That’s realistic trading and don’t have buyer’s remorse or shorter’s remorse in this case. Just say, okay, they don’t always set up that way. I wait for the next one that does. Now, here’s another distinction that I always look for and that is wave count. Now this is a different kind of wave count.

How to day trade

The wave count, as I would see it here. So we got our move down, that’s one. A little hesitation, notice not a big retrace just kind of go sideways, a little bit up, but all those buyers are overlapping. Goes back down to where the support here consolidates. So wave one, two, three, four, five, six, seven, this puts in seven waves, if you will. And I will say, because one of the questions that comes up is, when do we get out of these? Some of them only go three waves, five waves is definitely an extreme. If you get into one of these patterns, like let’s say for example, you traded it here or even here, this is the one that I liked the best because it’s breaking support and it’s really just moving completely sideways.

So, if I took it there and I was able to hold in until seven, I would definitely just get out at seven. I wouldn’t even wait because it’s very unusual. We have now gone beyond the norm of the statistics of these kind of very steep sloped moves. So five is kind of average, three to five. Seven? Now just get out, you’re good. Now, we’re looking at the japanese yen futures. Again, a nice little steep angle there, but it’s only two bars, right? We got our little consolidation there. Now, it comes in at this high, that’s not really the pattern, but it’s the beginning of the pattern. So it will serve for wave counting purposes. Now, when we get to this, that’s a more significant resistance than that because it’s higher. And what happens, as soon as we get into that zone, the market consolidates.

How to make money day trading online

So that would be the entry for that technique that I’m teaching today. We want to break out of that resistance, have a sideways movement here, and then it goes vertical again. Now, we’re counting our waves, then it’s seven. And here’s another thing to look out for. If you do get to a seventh wave, it’s quite normal for this wave; right before seven, between five and seven, to be a little messy. I’ve noticed this over time. This wave six will often be kind of a messy price pattern, not as neat as these consolidations before it. So the longer the market goes on, again, extending beyond the normal statistics of a steep angled move like this, the more the neatness starts to break down.

I’m going to end giving you my favorite pattern within the pattern of this. Would you like to know that? All right. I shall show it to you absolutely free. So what I like to see, and again, you can trade this many ways and I’ll tell you this one doesn’t set up as much as other patterns, but this is still my favorite.The stuff that works the best doesn’t occur that often, right? Well, that’s the nature of the game. But basically it’s real simple. So we get our steep angled move here, we’re at resistance, by the way, we also got a gap close here, right? So that provides resistance as well.

Can you make a lot of money in stocks

Now here is the pattern that I like the best. In fact, let me just expand this a little bit. It’s when within this sideways move here, we get a bar length where it opens and closes near the high and you’ve got this fairly long wick at the low end. Normally it’s not going to be real long because of the nature of this move, which is just basically going sideways, but that is a rejection of value of these lower prices. That’s literally what that means, which is good.

If we’re going to be bullish, we’re going to buy, then we’re going to get in above the high of that resistance there. Then we want the market to reject lower prices. In other words, the few people are trained to short this thing and there’s not enough people to take the other side of the trade so it keeps going up. And that’s what we want. So this kind of bar right here, if you get that in addition to the parabolic move up and you get that in the consolidation, then I consider that an even higher probability trade for this very steep, sloped price action type trade.

Wrapping things up!

So if you liked this video, if you got value from it, I encourage you to share it with others so that they could get value from it as well. And by the way, the more you share it, the more that I’m well encouraged to create more free tutorials for you. Give it a thumbs up. Also, leave your comments, love your comments, as you probably noticed, I respond to comments quite often and frequently. Make that part of my regular schedule.

And finally I am giving away one of my favorite trade strategies. I still trade this to this day every time it sets up by trade, the rubber band trade as it’s called, and I’m willing to give you that whole trade with money management rules, where to get in, where to get out, where to place your stops, all that detail absolutely free and it’s in the little five day video course that again, no charge. It’s free to my youtube subscribers and if you’re watching this video, it’s available to you. So go ahead and click on the link in the top right hand corner of this video, or there’s also a link in the description below on youtube and I’ll get that over to you as soon as I see your message.

GET MY FREE MARKET ENTRY TIMING INDICATOR

BTW, if you’re interested in the indicator that I use personally for very precise entries and exits, I’m happy to share that with you. Just send me an email at support@topdogtrading.Com, and I’ll show you how to get access to that indicator.

What did you think of this tutorial on how to make money fast trading stocks or forex? Enter your answer in the COMMENTS section at the bottom of this page.

PLEASE PAY IT FORWARD BY SHARING THIS VIDEO & ARTICLE ON FACEBOOK OR TWITTER by clicking one of the social media share buttons.

FREE GIFT!

Also, I’m giving away one of my favorite how to make money fast trading stocks or forex strategies that work in trading the markets. Just fill out the yellow form at the top of the sidebar on the right. Once you do that, I’ll personally send you an email with the first video.

How to make money in forex fast

What is managed forex account? How to make money in forex fast using managed forex accounts?

Where to find A company that allows to make money in forex fast

What is forex92? Can one make money in forex fast with forex92?

Is forex92 A scam?

How to get started with forex92 to make money in forex fast?

Getting started with forex92 is as simple as following a few steps mentioned below.

Customer’s wishing to get their investment managed by the company need to open the official website of the company by clicking this link www.Forex92.Com

After the homepage of the website is opened, managed forex accounts can be selected as a preferred service to subscribe

A minimum of $1000 funds need to be deposited with the company’s recommended broker that can be selected from the drop-down list available at www.Forex92.Com

A written contract concerning profit sharing ration and authorization to use client’s MT4 account needs to be signed by clients

Exchange of login credentials is done in the last so the company may start trading client’s account with immediate effect.

Customer services

Final thoughts

Make money fast in forex trading

Here we are going to look at making money fast in currency trading and some tips to do it.

Much of this advice is not conventional but most currency traders don't make money fast!

We are going to assume you trade already, and you have a method you are confident in, and can apply with discipline.

With simple changes in trades taken and money management we will show you how to increase your capital gains.

The trading tips below will work well for traders who want to catch the big profits from the big currency trends that last months or years and will help you make money fast in forex trading.

1. Accept volatility and risk

All good FOREX traders understand that volatility and risk mean big money making potential.

You can't have a profitable FOREX trading method without taking risk, you need to risk more to gain more. .

Risk though is misunderstood by most currency traders and they try and limit risk so much that they actually have no chance of making any profits.

They always get stopped out.

The perfect example is the day, or intra day trader, trading in one session with a tight stop.

If you are after a big gain give the trade room to breathe and place a stop that takes into account market volatility.

Also don't trail your stop to quickly leave it far enough behind not to get stopped out by volatile reactions within the long term trend.

You can't predict volatility in the day so don't try.

Look longer term take bigger calculated risks and go for bigger profits and trade less.

Many traders trade frequently and always like to be in the market, they fear they will miss a move, or that by trading more frequently, they will make money.

There is no correlation between how often you trade and how much money you make, so learn to be patient.

The big moves in FOREX trading, with the best risk to reward, come a few times a year, and you should trade infrequently.

Focus on the trades that make the really big gains and be patient while you wait for them.

Diversification is a great way to make money slowly not fast you simply are diluting your gains, if you are trading a small forex account.

Focus only on trades that you are confident can make big money in and don't hedge or take other trades.
If you think the trade is going to be big back your judgment.

We are looking at the BIG opportunities that allow us to make big gains, and this is actually, where money management becomes important.

Where taking calculated risks here not just taking risk for the sake of it.

The tips below are a great way of controlling risk

1. Buying options at in or close to the money, they will give you staying power and stop you getting taken out by volatility.

Be careful not to buy out the money options and make sure that you get plenty of time on your side if using this method.

Many traders lose, not because they were wrong about the trend, they simply got stopped out.

Options overcome this problem and will give you staying power.

2. Many traders start trailing their stops to close as we said earlier to lock in a profit, more often than not they get stopped out.

The trade runs on to make thousands more in profit and there not in it!.

Keep your stop in its original position and let the move develop without the temptation to move your stop up.

You're looking to make money fast, and you're trading selectively so have the courage of your conviction .

The fact is in currency trading or any other venture in life that involves making big gains you have to take a calculated risk at the right time and have the courage to go for it.

I read all the time about risk management in trading and some traders become so obsessed with not losing they will actually never win and lose their equity over time.

HOW TO MAKE MONEY FAST BY FOREX TRADING

Embrace changeability:-

Trade infrequently

Risk management:-

Don’t diversify:-

So, let's see, what was the most valuable thing of this article: now total disclaimer I am not suggesting in that profits are guaranteed in anyway so please visit our trading disclaimers page. So you are getting… at how to make money in forex fast