Oh, did I say losing trades? Yes, one of the biggest issues a trader has is accepting the losses that come in trading a method. If we know from back testing that we have a 65% win-rate and have had no more than four or five losing trades in a sequence, then when this situation occurs in real-time it will help us maintain consistent trading by taking each setup as it comes (and not quitting when you have two, three, or four losing trades in a row).
WHAT DO YOU FEEL FACING 4 LOSING TRADES IN A ROW , QUIT?????
Sunday, April 18, 2010Posted by BETRAS SWING SYSTEM at 5:01 PM 0 comments
Time Interval is the only option for trading?????
Saturday, April 17, 2010You know what I mean by ‘time intervals’, right? 1 minute, 5 minute, 15 minute charts, etc. It seems many trading systems are optimized for time intervals – and depending on your charting platform (like MetaTrader), they may be your *only* option.
But believe it or not, time interval is only one choice among many when it comes to trading!
Specifically, we discuss:
- Tick Charts
- Volume Bars
- Range Bars
Not to mention, who they are best suited for, pros and cons and caveats and caution flags for each.
Posted by BETRAS SWING SYSTEM at 6:25 PM 0 comments
Attention! All Stock, FOREX, Futures, and Options Traders...
Tuesday, April 6, 2010"To Be A Winning Disciplined Trader,
You MUST Install Within You
The Mental/Emotional Habits and Skills of a Winning Disciplined Trader...
And We Can Make That A Reality For You Within Weeks!"
The Fact Is: The Best Trading System In The World
Won’t Do You Much Good If You Don’t Have
The Mental and Emotional Discipline
to Run Your Trading Plan.
This is not a shocking statement to any trader who has traded for even a few months.
Has This Happened To You?
Inability to pull the trigger on a trade, watching markets “go” without you when your trading plan GAVE you the signal to get into the market…
Lifting your stop because you didn’t want the market to ‘take you out’ only to move higher again (because that’s what happened to you the last time), then to see a free-fall result where you get sick to your stomach when you finally DO get out…
Not taking your profit when your trading system tells you to because a news report eluded to the fact that ‘this could be the big one’, only to have the market come back down and have you successfully turn a nice winner into a big loser…
Sound familiar?
This is ALL DUE to lack of trading discipline… the strength…no, the GUTS to stick to your trading plan.
The good news is you're fixable.
The REAL Key To Being A Successful Trader Is NOT
Having The Right Trading System.
If your trading system WAS the key to being a successful trader, every trader who used that trading system would be a winning trader. And that’s not true.
The REAL KEY To becoming a successful trader is to make sure you have the mental and emotional discipline to run your trading plan.
So the question becomes,
“How can I become a disciplined trader…so I follow my trading plan without hesitation, fear or doubt…every time?”
No more missed trades.
No more quivering finger over the mouse, hesitating to pull the trigger.
No more lifting your protective stops.
No more excuses for not following your trading plan.
If you’re ready to be the wise and disciplined trader you must be to win consistently…
Posted by BETRAS SWING SYSTEM at 6:15 PM 0 comments
30% floating Welcome bonus for any amount trading deposit. Hurru Up!!!
Friday, April 2, 2010http://instaforex.com/index.php?x=RVW
The floating Welcome bonuses are bonuses which are credited according to the amount of deposit to the trading account using one of the numerous payment systems included in the list by InstaForex Company.The floating Welcome bonus of InstaForex Company equals to 30% regardless the payment system. Moreover, this type of bonuses can be credited to any amount and after each deposit.The period of crediting the floating Welcome bonus depends on the payment system you use for replenishment of your trading account.
http://instaforex.com/index.php?x=RVW
With replenishment of a trading account by RBK Money and QIWI the floating Welcome bonus at the rate of 30% is credited automatically.With replenishment by other payment systems – bonus is credited by request, which you have to send to the InstaForex Bonus Charging Department. Your information will be checked during 24 working hours and then the bonus will be credited to your trading account.
http://instaforex.com/index.php?x=RVW
Note: If you want to get both types of the Welcome bonuses - fixed (30/110/200/1000/5000 USD) and floating (30% to each deposit), then you will have to open two accounts for each type of bonuses. There are no limits for number of accounts and bonuses!
http://instaforex.com/index.php?x=RVW
Posted by BETRAS SWING SYSTEM at 11:09 PM 0 comments
What Single PRESSING QUESTION Would You Ask Me About The Mental/Emotional Issues of Trading”
Thursday, April 1, 2010This is the most common questions
“I’m hesitating to pull the trigger when my trading plan signals me to. How can I be consistent in following my plan?”
“I’m having trouble taking my losses. Can you tell me how to stop this destructive practice?”
“I did it again! I had all this profit and I just gave it all back and MORE in one UN-disciplined trade. How to I stop these debilitating “blowout trades”?”
want to know the answer
Posted by BETRAS SWING SYSTEM at 3:28 AM 0 comments
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BETRASTRADE METHOD 3.2 SWING SETUP 2012
WARNING. THIS SET UP IS FOR EDUCATIONAL PURPOSE, IS NOT A TIPS OR FINANCIAL ADVICE. DONT TRADE THIS SET UP WITH PROPER RISK AND MONEY MANAGEMENT AND RECEIVE PROPER TRAINING !!!!!!!!!!!!!!!!!!!.
BETRAS SWING 3.2 SYSTEM (90% MECHANICAL 10% ART)
SUMMARY JANUARY 2012 PERFORMANCE:
12 wins, 3 losses . winning rate 80%, risk reward 1:1. Gross % gain before broker commission depend on your risk , lets says if use 2% = 2% x 9wins = 18% and 5% x 9wins = 45%
Mar 2012 performance 11 wins vs 6 losses .69% winning rate. clean wins 5 wins, gain, 2% risk with risk reward 1:1; 5 x 2% = 10% gain. If use 5% risk, with risk reward 1:1; 5 wins x 5% = 25% gain from equity
SUMMARY APRIL PERFORMANCE
April 2012 performance 9 wins vs 11 losses .45% winning rate. clean losses 2 , 4% drawdown, 2% risk with risk reward 1:1;
SUMMARY MAY PERFORMANCE
May 2012 performance 7 wins vs 2 losses .77% winning rate. clean wins 5 , 5% x 2 = 10% gain , 2% risk with risk reward 1:1;
SUMMARY JUN PERFORMANCE
JUN 2012 performance 12 wins vs 1 losses .92% winning rate. clean wins 11 , 11% x 2 = 22% gain , 2% risk with risk reward 1:1;
Detail Jun 2012 Performance
6th Jun 2012
1. USDJPY win + 55pips (2% gain)
2. EURAUD win +65pips (2% gain)
3. GBPJPY + 58pips (2% gain)
4. EURUSD +52pips (2% gain)
5. USDCHF + 42pip (2% gain)
14th Jun 2012
1. EURUSD win + 95pips (2% gain)
2. USDCHF win + 76pips (2% gain)
18th Jun 2012
1. USDJPY stopped out (-2%)
20th Jun 2012
1. GBPJPY win + 83pips (2%)
21st Jun 2012
1. USDJPY win + 67pips (2% gain)
22nd Jun 2012
1. USDCHF win 68pips (2% gain)
2. EURUSD win 95pips (2% gain)
28th Jun 2012
1. GBPJPY win + 50pips (+2%)
JOINT ME AT FACEBOOK
http://www.facebook.com/betrastradefx.forexedition
BETRAS SWING 3.2 SYSTEM (90% MECHANICAL 10% ART)
SUMMARY JANUARY 2012 PERFORMANCE:
12 wins, 3 losses . winning rate 80%, risk reward 1:1. Gross % gain before broker commission depend on your risk , lets says if use 2% = 2% x 9wins = 18% and 5% x 9wins = 45%
SUMMARY FEBRUARY 2012 PERFORMANCE
10 wins, 5losses . winning rate 66%, risk reward 1:1. Gross % gain before broker commission depend on your risk , lets says if use 2% = 2% x 5wins = 10% and 5% x 5wins = 25%
Mar 2012 performance 11 wins vs 6 losses .69% winning rate. clean wins 5 wins, gain, 2% risk with risk reward 1:1; 5 x 2% = 10% gain. If use 5% risk, with risk reward 1:1; 5 wins x 5% = 25% gain from equity
SUMMARY APRIL PERFORMANCE
April 2012 performance 9 wins vs 11 losses .45% winning rate. clean losses 2 , 4% drawdown, 2% risk with risk reward 1:1;
SUMMARY MAY PERFORMANCE
May 2012 performance 7 wins vs 2 losses .77% winning rate. clean wins 5 , 5% x 2 = 10% gain , 2% risk with risk reward 1:1;
SUMMARY JUN PERFORMANCE
JUN 2012 performance 12 wins vs 1 losses .92% winning rate. clean wins 11 , 11% x 2 = 22% gain , 2% risk with risk reward 1:1;
Detail Jun 2012 Performance
6th Jun 2012
1. USDJPY win + 55pips (2% gain)
2. EURAUD win +65pips (2% gain)
3. GBPJPY + 58pips (2% gain)
4. EURUSD +52pips (2% gain)
5. USDCHF + 42pip (2% gain)
14th Jun 2012
1. EURUSD win + 95pips (2% gain)
2. USDCHF win + 76pips (2% gain)
18th Jun 2012
1. USDJPY stopped out (-2%)
20th Jun 2012
1. GBPJPY win + 83pips (2%)
21st Jun 2012
1. USDJPY win + 67pips (2% gain)
22nd Jun 2012
1. USDCHF win 68pips (2% gain)
2. EURUSD win 95pips (2% gain)
28th Jun 2012
1. GBPJPY win + 50pips (+2%)
JOINT ME AT FACEBOOK
http://www.facebook.com/betrastradefx.forexedition
BETRAS SWING PREVIOUS RESULT - CLICK THE PHOTO BELOW
