I'm starting this blog at 0900 UK time. Started work at 0730 as per usual. The markets have been very jumpy - especially the US markets. Europe has been a little more stable, but with the pandemic really taking hold now and a chaotic vaccination strategy in Europe the markets are also a little turgid here so far.
With high probability trading, we don't trade unless the odds are stacked in our favour. We also act quickly when we see signs of danger and our accuracy in predicting market ranges gives us an amazing edge here.
What this means is that we occasionally have trading periods that some people mistake as "scalping". This morning may be considered as one such day.
All I can say to that is "garbage". We have predicted targets for a move. If that target is not being met within our projected timeframe, then our method tells us to reduce risk. We bring our stop up. Sometimes we get stopped. More often we do not. Either way we eliminate (or at least massively reduce) losses. That's high-probability trading.
This morning was a choppy morning and we made 4 trades. All winning trades and all high probability trades, but all small and so we totalled $500 before stopping for a few hours and waiting from the USA to open. The first hour was a hard to get in on the "super rise" .. but one of our traders managed to do so whilst I was focussing on education (see video below - honestly its worth watching if only to see how to reduce risk!). So we end the day just $560 ahead.
Whoa! What did I just say ? Just? $560?
The average US wage is $24 per hour (a record high). And we're averaging $100 an hour without leaving home. We know almost anyone can learn to trade with Inteligex. Come on in - the water is fine.