Friday, November 1, 2019

TP4 to Trade or Not to Trade.... That is the ONLY Question



Keeping it short this week as promised.  This post will focus on the 1st part of the strategy created by myself and my business partners, Shanika Barnes and Andre Pilate-English.  (TP4 Training Link on YouTube)  Just like we are compounding our money in our trading accounts... so must we compound our trading knowledge.  This training assumes you know how to find your stronger buys and sells covered in last week's post. (Found HERE.)  Be sure to come back next week and hear about TP4+.  It is basically a trading strategy within a trading strategy.  Double your opportunity. 

Here is a BONUS I found in a market analysis article I was reading today.  Click here for the full article.  Please focus your attention on the first two sentences of the picture.  I am going to quote Kenny Polcari, "internalization engines, all owned by the big banks, which bastardizes the system BUT makes them plenty of money."  Still, we think our bank financial gurus are not using our $15 checking balance and $10 saving account balance to make considerable moves before we even wake up?                SMH.

This week's trading is suffering from being focused elsewhere.  Life happens for everyone.  Even so, a decent week is still obtained. By my goal chart, the account balance is on October 21st.  I have decided we will finish this chart before moving forward.  I really want to demonstrate what I know.  You will fall behind from time to time.  Trailing eight trading days from my goal is not anything to be concerned about. It will average itself out.  

Besides, what I have been working on will make my trading even more consistent!
TP4 went 19 for 19 this week!-- not bad for slow or a declining market, which lasted most of the week. 

*The information here is for educational purposes only. Risk Disclaimer for Forex Trading
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors.  Past performance is not indicative of future results.  The high degree of leverage can work against you as well as for you.  Before deciding to invest in foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite.  The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money you cannot afford to lose.  You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.  

4 comments:

  1. love reading all this information and watching this account grow. Anyone can do this guys

    ReplyDelete
  2. One of my favorite teammates. It has been ahhhmazing watching you grow Kay!

    ReplyDelete