To
make a living from trading you need a methodology that uses a
relatively small stop-loss
combined with a high win percentage; these are the conditions I focused
on when designing
the Amsterdam Method for e-mini and forex trading.
Method signals show a win or breakeven result of around 90% when used properly.
The Amsterdam Method is a new way to read chart formations. The Method canThe
Method trades only under certain market conditions, so that constant
monitoring of charts
is not necessary. It is a methodology, not
software. The charts and indicators used are
not customized, and they are available
with most charting vendors on the market.
Trade
entries are technical and objective - two or more traders using this
method on
a given time frame should choose the same
entry point.
With
winning trades the Method gives a choice of exit points. The exit you
take
depends on how strong the price is moving in your favor. Once the trade
is underway
there is a 'First Profit Objective'; if the move continues, a Second
and Third profit target.
Having the option of three exit points helps to avoid getting out of a
winner too early.
In all trades the initial stop-loss point is mechanical and clearly
defined.
I am a former floor trader in
Chicago who now trades online.
I also teach other traders, novice or experienced, in my
methods.
My offer is different from the
others. I am an
individual, a real trader who created his own
trading method. This is not a software firm, not a 'trading company'.
Because I am an individual trader (and not an assembly-line operation)
I can provide
personal assistance to help you master this method.
This method is known only by myself and a modest number of trading
students.
The
system materials are written instructions and charts (not
computer software).
Also included is my personal assistance by
telephone, email, or IM
(assistance is free of charge for 6 months
after purchase)
In-person
training is also available.
A refund is available (conditions apply - they can be read here)
Alternate email:
mailm31@hotmail.com
| Why this trading method is different | My Experience / resume | Trading links |
| www.forexfloor.com | invest in foreign currency | marche des devises | Fxinfo | Work at Home |
Some forex brokers are
making deceptive claims in order to attract customers.
When forex
trading firms claim 'no commission' trading, that is misleading. They
don't have to charge a commission because they profit from the bid-ask
spread imposed on your forex trades. In the EUR/USD pair, the spread is
usually 2 pips; it is often 3 or more pips for other fx pairs. The
bid-ask spread is probably more profitable for a forex firm than a
discount commission is for a futures firm.
Unfortunately
forex brokers are allowed to handle costumer trading accounts and sell
forex trading instruction at the same time. This means that many of the
forex systems and courses you see on the market are actually fronts for
fx brokerage firms. Especially the 'free' or low priced systems. They
entice new traders with free or cheap trading courses, then direct the
traders to set up trading accounts at a particular brokerage firm.
Sometimes the 'trading system' uses an indicator that is only found on
a certain brokers' trading platform. The free or cheap systems I have
seen were not profitable, had a low win percentage, or used wide stops.
They are mainly intended to generate trades for the sponsoring fx
brokera
A trading method that is profitable will not be given away for nothing,
in my opinion.
Regulations prohibit futures firms from doing this, but fx firms have
found a loophole, at least for now.
The Amsterdam Method
Chicago, Illinois
http://www.invest33.com/