Trading can be a great way to earn a second income. Successful trading is within most people's reach, but without the willingness to unlearn what you know and learn some new things, you are unlikely to succeed.
To be a consistently profitable Trader you need an edge, you need something that gives you extra insight into the market and you need the discipline and desire to learn how to apply it.
Whenever you think you see a potential trade you need to determine whether it’s a good entry point. Then before you enter you need to assess what the momentum is in the market, is it strong or weak, are the bulls or the bears in control, does the trade have the support it needs, where are there levels of support and resistance and what are the key price levels. You also need to know where the market is trying to get to so you can set your target and you need to know what the likely pull back might be so you can set your stop.
And all of these scenarios you’re looking at are dynamic, so they are literally recalculating in fractions of a second just like a computer. It’s no surprise that algo trading and algo assisted trading are by far the main way that investment banks make trades.
But how do you do this as an individual trader? Everything is moving so quickly, the danger is you just end up taking a punt and hoping for the best. Well what you need is access to great information. And by great information I don’t mean you’ve studied a bit of Technical Analysis I mean access to a system that works on the same basis as the quant systems used by investment banks and trading institutions. That is the edge that you are looking for, only then can you really be in the game.
Inteligex gives you that level of system capability. It will identify trade entry points, give you a stop, give you a target and show you support and resistance guides and key price levels. We teach you how to interpret these and then you decide if you want to take the trade, how much you want to risk and how long you’re going to let it run for. You'll soon find it's easy to spot High Probability Trades and know how to maximize your profit.
You have ultimate control, you make the decision to trade. If someone tells you that they have a system that will do everything for you and you don’t need to do anything, then just walk away. Even investment banks have huge teams of quantitative analysts constantly looking at and modifying the outputs of algorithms. And they spend tens of millions of dollars on algorithms.
If you want to improve your trading then we give you all the tools, you just need to listen and learn.
Oh and keep your hands on the wheel! as Tesla say "While using Autopilot, it is your responsibility to stay alert, keep your hands on the steering wheel at all times and maintain control of your car".