Making Money Online Blueprints
01
DEC
2016

Its Not How Often You Win or How Often You Lose ..

As my virtual mentor regularly states, being a profitable trader is not about how often you win or how often you lose, but how much you make when you win and how much you make when you lose. What does he mean by this. He is talking about two things: – Risk Management...
08
NOV
2016
Fotis Trading Academy Review

Fotis Trading Academy Review – How I Took My Forex Trading To A New Level

In this video I review the Fotis Trading Academy membership site. This is the main way I am learning to become a better Forex trader, through seeing what a professional trader is doing week in week out, including how he does his macro economic analysis to decide which markets to...
03
OCT
2016

September 2016 Forex Trading Income

15 trades, 8 losing, 5 break even, so only two winning trades. So a terrible win rate (13%). This is what I need to focus on, i.e. stop taking trades unless I understand why they are high probability trades. This is a great example of the importance of risk management and as my...
18
SEP
2016
How To Calculate Forex Volume Of A Trade To Determine Your Risk Reward

How To Calculate Forex Volume Of A Trade

Forex Volume Calculation When placing a trade using the Metatrader 4 platform, as well as specifying my Stop Loss, I also need to specify the Volume which will determine how much I am risking (and how much I will make if the market goes my way). For Forex trades I use an online...
16
SEP
2016
why everyone needs to pay attention to the bond market

CNBC: “Why everyone needs to pay attention to the bond market”

As my virtual mentors are always stating, I need to stay aware of anything that affects three things: – Inflation – Interest Rates – Growth These three things are what drives Forex prices. That’s it. One way to track what interest rate expectations are is...
05
SEP
2016

August 2016 Forex Trading Income

For August 2016 I am up 1.8%, this being my first profitable month since March. I made 7 trades, 2 winners (long USD PLN still being open), 2 break even, and 3 losers. I have been away for half the month on holiday, hence this may be a factor in stopping me over trading this...
29
JUL
2016

How To Jump To Any Point In Time On The Metatrader 4 Platform

When switching to a smaller time frame on the Metatrader 4 platform to analyze what happened to price during a specific event, this video explains how to go to that date and time immediately instead of simply scrolling left or right.
15
JUL
2016

How The Economic Machine Works – Ray Dalio

This is a great video showing why we have economic cycles, and also showing the difference between a recession and a deleveraging(which is happening now). Ray Dalio runs one of the worlds largest hedge funds, with an amazing track record of consistent high returns.
13
JUN
2016

A Great Forex Trade in June 2016 – Almost

A great Forex trade I almost did in June 2016. I had shorted the AUD NZD on 8th June as the price bounced off the top of the downward channel it was in, and before the NZD bank rate statement. The trade worked perfectly, but I messed it up by making my stops really tight closer...
31
MAY
2016
Forex Trading Candlestick Price Patterns

12 Candlestick Reversal Patterns

One thing I need to do to improve my trading results is to close my positions before my target is hit when appropriate based on price action. This video by Stephen Bigalow explains the 12 candlestick patterns he recommends to use which provide reliable and relatively frequent...