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2019

TRADING TIPS

WAR ROOM TRADING

10 TIPS TO TRADE LIKE A PRO

NOTHING YOU WILL CONSUME HERE IS FINANCIAL ADVICE

STEP INTO THE NEW WORLD

MILLIONS. Fuck that. BILLIONS. Billions are being made on the internet. Everyday. By regular people who learnt how to trade properly.  It's a long arduous process to get to where you need to be for pulling the big gains, but if you know anything about the 80/20 rule, you'll already understand the 80% of what you need to know will be very easy to learn. The losers just refuse to learn it. You're about to read through 10 trading tips I've lived by to pull the gains I make on a CONSISTENT basis. Read and internalise, then read again. Your experience level is not too low, nor is it too high. These are long-standing approaches to trading which can change your life. Dive in when you're ready to change your life. See you on the other side.

10 TIPS - TRADE LIKE A PRO

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1. IMMERSE YOURSELF IN TRADING YOUR MAIN

objective is to stay LOCKED INTO a winner's mindset when trading.  Thinking like a winner ENABLES you to BE a winner. You can't be one without thinking like one - it's impossible. One of the best way to achieve this is by stimulating your brain through reading critically acclaimed material. Books and content from experts. Through osmosis, this will put you in the best possible mindsets when trading. You'll watch your decision making skills improve, almost like magic.  If you ever find yourself in a slump, these are great ways to recover. The absolute best book for this is Market Wizards by Jack Schwager.

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2. ALLOCATION

CAREFULLY

choose how much money you enter a trade with. If you enter with too much money, you'll feel scared of losing what you put in.  You might prematurely close an otherwise winning trade, or enter something you otherwise shouldn't. And if you lose that money you put in? It's very easy to start gambling with MORE money to try and make it back. It's just a one way ticket to rekt city.

10 TIPS - TRADE LIKE A PRO

90% OF TRADERS LOSE

90% OF THEIR MONEY

IN

90% DAYS

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3. DON'T OVERLEVERAGE

TOO MUCH

leverage can place far too much pressure on your position. If you go 100x leverage, it takes less than a 1% move in the wrong direction to LOSE ALL YOUR MONEY. Understand that as your potential reward goes up, so does your risk. Consider starting slow until you're comfortable with taking bigger risks over time. Remember that even with 2x leverage, any potential gain is DOUBLED. This in itself can be very powerful. To use higher leverage numbers, it's always a good idea to learn from how other people can safely play with the fires. This is where people like us come in.

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4. RULE OF THREE

IN TECHNICAL

analysis, always seek at least three indicators to confirm which move you take.

you can use this to ensure THAT YOU'RE NOT RUSHING INTO POSITIONS WHICH MAY OTHERWISE BE A BAD IDEA

Looking for more signs of confirmation will ensure that you feel more confident when entering a trade and also limits the risk that you may enter a losing position. It pays to be thorough in your technical analysis. NOTE: Be sure to look for DIFFERENT confirmation signs, ie: don't just rely on three momentum indicators

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5. DON'T OVERLOAD YOURSELF THERE ARE

hundreds, if not thousands of strategies to learn in trading and technical analysis. You do NOT need to learn all of them. Start with the popular ones which are proven and stood the test of time. See what works best for you and then take the good and discard the bad. Then move on and learn the next one. But if it works, why change it? Many traders see that they're losing and overcompensate by trying new things constantly. If you're in the gym, do you fix poor results by adding more weight or correcting form first? Train your bank account like your train your body. Make $10 the same way you make $100,000. All you need is to scale.

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6. TAKE A BREAK

IF YOU HIT

a loosing streak and you just can't recover, the last thing you need to do is keep trading and losing more money. Objectively analyse YOURSELF to see if you treat trading like gambling. Take some time off to cool off. The best thing you can do during your breaks from trading is analysing your previous mistakes.

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7. KEEP A TRADING JOURNAL DOCUMENT

which trades you enter. - Which levels you entered at - What you felt when you entered them - Why you identified those particular entries - What emotions you felt before and after opening  - Why you took profits where you did Fill in these details and more over the space of a few weeks or month. Then step back and analyse your own trading to see where your biggest gains and losses are made!

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8. THE TREND IS YOUR FRIEND

IDENTIFY THE

trend in the market. Is the overall direction upwards or downwards? If you can't see the direction of the trend, zoom out further. Now notice that when the trend moves, it pauses at certain times. The market trades sideways, trends in the opposite direction a little bit etc. THIS is the perfect time to jump on the trend and ride the next wave in the same direction. By respecting the trend, you have many opportunities to profit because "the trend is your friend until the end", so it'll keep going in that direction - until it simply doesn't. Why not play those moves? They're some of the lowest risk moves because they appear OVER and OVER and OVER. Don't overcomplicate the game.

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9. CONTROL ALLOCATIONS

LOSSES AND

wins can sometimes come in successive streaks. So if you find yourself approaching a loss streak, reduce your allocation into trades ASAP. If you typically use 5%, consider going down to 1% allocations.

This way, if you were going to lose 5 trades in a row, you'd now lose only 9% of your bankroll, rather than 25%.

Inverse applies to winning streaks. If you're in a winning streak, dialling up your allocation aggression can sometimes maximise the gains you make - although it also opens you up to more risk. Remember tip 3: generally speaking, when your potential reward goes up, so does your risk.

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10. NEVER STOP LEARNING

Now that you're a millionaire G, pulling huge profits everywhere you turn, NEVER FORGET that the learning as a trader cannot ever stop. The game is constantly changing and you can always refer back to your trading journal and notice how to limit your losses and dial in on the wins you pull. The day this process of improving your trading stops is also the same day you begin your rapid fall from the top. The story repeats itself all the time. Easy come, easy go. Don't be the cliche little bitch that loses it all. We are all students of the market. Humble yourself even in the face of your life-changing wins.

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AND SO NOW YOU KNOW Are you ready to level up your lifestyle? These tips are great and have taken many traders very far. But wouldn't it be better to SEE how experts trade the market, in real-time? Offload all the hard work. Leverage the time of other people. Making money is all about offloading the work to other people and letting YOUR money simply work for you. In the War Room Trading Academy, you'll gain access to EXACTLY that information.

DO YOU WANT TO COPY THE TRADES OF MILLIONAIRE TRADERS. SIMPLY COPY AND PASTE FOR HUGE PROFITS? If so visit Cobratate.com and msg the live chat: I’m interested in the trading academy

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