For those who followed my call to short Apple 4 months ago, (which I posted on this blog and mentioned in several previews), now would be a good time to consider taking profits, as we can already see from the chart some signs of profit-taking by the professional shorts. It is interesting that Apple is now at a key zone, having corrected 50% off its peak. I will be watching for the right time to go long.
Ever since I returned from Japan, I have been actively tracking the USD/JPY, simply because the Big Boys actions are so obvious that it provides many easy trades, even for complete newbies. This was a big hint i dropped to all traders in the Traders Network, and many new traders got the chance to put what they learnt into practice and pull the trigger. Good luck to those who did, and remember not to get greedy! Consistency is the key, and making 100 pips a day already puts you amongst the top traders. Keep it up!
Sometimes, all you need is one good trade a day. Especially for new traders who are trading part time and do not have time to observe the markets all the time, it is a good idea to focus on taking the best trade of the day. Today, we focused on the EUR/USD, timing our shorts at the perfect psychological moment to capture a quick plunge of 100 pips profit (may vary depending on each trader’s own entry point), netting a reasonable profit of $1,000 USD in one good trade.
Don’t forget that every winning trade takes us closer to achieving our 5-Year Million-Dollar Challenge, which is our systematic way for new traders to achieve their first million from the markets. Remember, now that you have mastered the skills, all that is left is to apply it consistently on a daily basis and reap the rewards!
Last month, in March, we completed the long-awaited run of our mentoring program, adding another up-and-coming batch of successful traders into our Traders Network.
A hearty congratulations to this new batch of traders, now that you have learnt the skills and secrets of professional traders and behavioral analysis, you are ready to tackle the markets, and strive for the 5-Year Million-Dollar Challenge! I look forward to seeing all our you in the upcoming Hands-on Workshops, and we will continue to trade together in the Traders Network. Good luck, and remember not to give up on your dreams! It’s now not a matter of “how”, but a matter of “when”. Cheers!
For those interested in joining our selective Mentoring Program, we have recently started registration for the next intake. As we keep our class sizes small and compact to facilitate learning, our slots are filling fast, and we are looking to get 6 more people to complete the class. If you are interested, please act fast to avoid disappointment. We only conduct this program once every 3 months, so it’s gonna be a long wait. For more details, please click here.
Recently, we have seen a lot of action on Gold, and I even talked about in my talk last Friday. For those lucky attendees, hopefully you still recall that I said to short once the key neckline was broken. As of Friday night, our Traders Network was a flurry of activity, with many people contributing their analysis. This enabled many new traders to profit handsomely from this move, including those lucky few who signed up for our mentoring program on the spot and joined the Traders Network forum that very Friday night.
A big thanks to all who contributed to this big trade, and we look forward to many more of such opportunities!
