Student’s Gold Trade while on Holiday – US$839 Profits!

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Today, I was surprised to receive a whatsapp message from one of my students, with a picture of his Gold trade while on holiday. While I won’t usually advocate trading while on holiday, I was glad he followed my call to short which I posted in the Synapse private forum.

Normally, on a holiday you want to chill, and not think about your trades, so there are 2 key things to note for hands-free trading:

  1. Risk management
    Once you place your SL and TP, you do not have to watch anymore, just wait for the trade to play out like this.
  2. Position-sizing
    Trading a smaller position will allow you to “care less”, so that you will not worry at all. And as you can see, even a small position like this (0.1 lot of Gold) can yield large profits if you have the patience and the right timing.

This is a perfect example of hands-free trading, without the constant stress of  punting and gambling. This kind of trade accuracy and timing is only made possible by our application of market behavioral analysis – a new breakthrough in charting and price action where no indcators or special software is required.

Overall, this was a very good and clean trade, and it should be sufficient to cover the cost of his plane ticket. Great job, and don’t forget to bring me back a nice souvenir! :p

Xauusd 300813 ScreenshotAlert to short Gold posted on 30th August in private forum for students

2013 09 13 02.06.36Gold Chart (Taken at Croatia, Plitvice Lakes)

2013 09 13 02.06.42I visited this place a few years ago too, the view is awesome!

2013 09 12 22.09.20Securing a profit of US$839 – all in a day’s work!

 



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