If you are new to financial trading, the idea of being able to trade the markets and make money from rising, falling and even sideways markets can come as a surprise. But understanding this concept is critical to maximizing your long term profits.

Many new traders find it difficult to grasp the fact that you can make just as much profit from falling markets as you can if the price is going up. Fortunately though, once this simple idea is understood traders go on to make profitable trades from all angles.

There is no point in trading and having a bias toward a particular side of the market. Some people claim that they prefer trading bull markets, but in reality it makes no difference as there is no bias that exists. Trend trading occurs in up and down markets.

Another area of trading that often goes unnoticed and is also misunderstood is the option of trading sideways movements. Occasionally a price will move within a certain range before a price breakout occurs. This can present good opportunities for trades using “no touch” at binary.com but is also good if trying to trade shorter term movements from 1-6 months.

As traders gain experience from using my financial trading course; those that were not accustomed to the trading the markets from different directions gain confidence and go on to become successful traders.

As with any trading strategy, avoid taking too big a position in relation to your bank size and using stop losses to predefine your risk is the most sensible option to take.

Spread betting your way to financial freedom is becoming ever more popular as the weeks go by. So what is spread trading? And why is it considered superior to more conventional stock trading methods?

• You can make money if the markets go up, down or even sideways; unlike traditionally just buying in to one side of the market.
• Financial spread betting is tax free in the UK. Everything you make is yours to keep.
• You can start small; this is great for new traders. You can learn to trade and build up your bank without fear of losing a big investment.
• Markets can be traded 24 hours a day in some instances. So if you have a day job you can still find time to practice and make money.
• You can use a stop loss; this is a priceless tool over other trading methods. You place a stop loss on your trade so that you know your total liability on the bet. This means that you have a limited downside, but the upside is huge in comparison.
• One single account at one of the financial bookmakers give you the opportunity to trade hundreds of global markets in a flash.
• You can use your spread betting account to hedge other positions you may have so that you cover any possible losses. You are creating a win win situation.
• It’s very easy to trade online; since the age of the internet, trading has become easier and easier to do. Most of the obstacles that traders once faced have been illuminated.

 

These are just a few of the benefits financial spread trading has to offer over other more conventional stock trading methods. Plus, if you use a longer term trading system when spread betting you can really outperform other traders.

I say this because many traders fail to make profits from spread trading because they trade from day to day. Longer term financial spread betting wipes the floor with any day trading system.

As I have said before, I have been trading for nearly 30 years and I’m yet to see a day trading system that out performs my trading system. And as I have said to so many new spread traders, if your trading activities are taking more than 30 minutes a day to do, you are doing something drastically wrong.

Use the benefits that financial spread trading has to offer to make easy, stress free profits. Don’t use them to over complicate something that is best kept simple.

 

Making money as a trader can be one of the most lucrative business you will ever have the good fortune of being involved in; after all I’m living proof. But some people, even with blueprint in hand, just can’t get it to work. In fact it never ceases to amaze me at the number of people that start of trading the markets fantastically only to break the rules for no reason whatsoever and go on to lose money.

How to make money from trading is actually not difficult to learn. Fortunately for my student’s, they can email me for first hand advice if they are unsure about anything. For many though, they have no choice to but learn the hard and expensive way. And what’s worse, that’s after they have bought into some type of unproven, here today, gone tomorrow system.

But why is it that the same winning strategy given to a group of students produces spectacular results for some but not others?

Some of my students have made serious incomes from trading my system. I’m talking 6 and 7 figures yearly. Yet others just will not follow the rules!

Human error in trading

We all have unique personalities, but new traders tend to have certain traits within their personalities that come to the fore. And it’s these traits that dictate the way they trade.

You could give them the simplest trading system on the planet to profit from; but as soon as their personalities and traits take over the trading decisions, the problems soon begin.

I have been teaching students to trade the markets for nearly 20 years. I’ve seen a lot in those years. I’m not going to say I’ve seen it all but I’ve witnessed some crazy stuff that traders have done. From these personal experiences, this is what I have continually noticed from new traders. And this is what you do not want to do if you are serious about making money trading.

Impatient Traders

Far too many traders become impatient as soon as the going gets good. Logic and rules are replaced with greed and speed. The desire to make more and more money as quick as possible starts to rule the brain; and from there on in things start to go wrong.

Trading is a waiting game, and that’s where the money is truly made. Some people just can’t wait. The surprising thing is that longer term trend trading and day trading both involve waiting to make profits.

But for the trader that can’t stand waiting, day trading becomes far more appealing for some reason? Problem is that they soon become impatient with waiting when day trading. So once again they break every trading rule they have. This time though they can at least lose their money faster so there’s less waiting.

I want more and I want it now.

For those new traders that are capable of handling the waiting, another bright idea always seems to enter the mind. This is the, I want everything now trader, I want it all; I want more bang for my buck if I’m going to have to wait for it.

So to quench this hunger the stakes must be raised. Ultimately the stakes are doubled, trebled, quadrupled. And… It’s bye bye bank. I have seen traders blow their entire bank on a single trade. It’s all gone on a dead cert. That’s gambling not trading.

Slow and steady wins the trading race. Bank preservation is a vital component to all traders. So don’t trade bigger than your bank allows.

That’s entertainment.

Trading is a serious business, or at least it is if you want to make any money. But for many traders, trading is more some sort of elaborate game. They get on the forums and chat rooms to talk big [or small] it’s play time for them.

Even though they think they are trying to trade to make a profit, they are actually trading to make a social life in many instances. This is never admitted though. But there is an entertainment value for many traders.

Some of these entertainment traders actually have all the right attributes to go on to become fantastic traders. They are naturally patient, can follow a system, but the wealth plan is often flawed with these traders.

There is no ambition to make more, to compound their banks and no real drive in them. Trading to them is just better than watching TV.

The pessimists

If something’s simple, it’s obviously too simple to work; if there’s effort involved, it’s far too complicated. There’s no winning with this group, instead of progress they find problems. Financial spread betting is often a total waste of time here.

Wrong way round

A golden rule of trading is cut your losses short and let your profits run. But this type of trader always takes a profit to soon. Instead of letting their profits run they fear losing the profit that they have made so they take the profit to early. To add to this losing strategy, they are also unable to take a loss. They just can’t accept a small loss so they keep their losing trade open in the hope that the trade turns round. When it doesn’t they end up taking an even bigger loss. They just have it all round the wrong way.

Learning how to trade

When you are learning something new, it’s not always plain sailing. You will find some things incredibly difficult to do. Then one day you will look back and find the situation comical because it’s now become so easy.

It is exactly the same with trading. You may find it really difficult to accept losing money on a trade in the beginning. But with practice you gain confidence and you learn to trust what you have read and been told to do.

Trading is not difficult at all to do and make great profit’s from. As long as you can follow some simple rules and avoid becoming emotionally attached to your trades, the winners will far outrun the losers. You will get losing trades, but using the Vince Stanzione course you will learn to cut them short and let the winners run and run.