Fellow Trader,

Finding success in the financial markets is not only achievable...

It can be a lot simpler and straight-forward than you realise.

But ONLY if you prepare.

Like anything, if you rush into without thinking, without figuring out how things work, and without preparing yourself mentally...

Then yes…

You will have problems.

I mean, you don’t need to spend long researching on the internet to read about the many horror stories people have experienced when taking on the financial markets.

There are also some awful—but very real—statistics out there that reveal most of the people who do trade do not make money.

Presented with this negativity, it’s no wonder so many people are either completely put off trading altogether or go into with a heightened sense of cynicism.

I don’t blame people for this.

And look, I’m not going to sugar-coat it for you.

Trading can be tough.

I see it as a part of our job here at Trendsignal to be honest and open with our members about the many pitfalls you can face when you choose to learn how to trade.

It’s one of the ways we differentiate ourselves from many others out there who try to make out like it’s all plain sailing and there’s never any risk involved.

That’s nonsense—and I would avoid anyone who tries to claim that.

But...

And here’s the important thing for me...

There is no reason YOU should fall foul of those challenges or be overcome by negative experiences.

Yes, the risks are there.

Yes, the markets will sometimes move against you.

Yes, there will be losing trades along the way.

But if you are sensible and if you follow the advice and guidance of experienced traders like us here at Trendsignal, there’s no reason you can’t become a successful trader.

And a huge part of this is in being prepared.

As I said at the start, this is key.

You need to prepare in both a technical way—learning how trading works—and in a mental way—understanding how to think about your trading.

It’s why I’ve put this new little guide together for you.

It’s intended to help you with the second element...

Preparing yourself mentally and understanding how to better think about what trading will mean for you.

I’ve broken the guide down into three golden rules you should think about BEFORE you begin to trade.

They’re very simple ideas to understand.

The difficultly is in having the discipline to apply them in your thinking and stick to them.

As I will often tell you, and as I often tell our members, the hardest part of trading is having the discipline to stick to your guns—to not let emotions and panic sway your decision making.

Remember that: it will stand you in good stead.

As for the other side of things on the technical front...we’ll look at those another day.

Or, alternatively, you can tune into one of our live online training sessions, which we run on Mondays, Wednesdays and Fridays.

They’re free to join and in each session one of our trading experts walks you through much more of the technical side of trading.

To register, just click on this link here.

Best wishes,

Adrian Buthee
Head of Training
Trendsignal
 
How much money would you like to make from trading?

I’m serious - think of a figure.

Initially you might find it hard to do that. You might grab at a wild number, say a million pounds, or more.

Then you’ll probably think more seriously, realising that a million is a bit of a loose aim.

But when you start thinking more realistically, it becomes surprisingly harder to put an exact number on it.

And this is a big part of the problem a lot of people face when it comes to learning to trade, especially as you’re using it as a way of generating an extra income.

Because you don’t often go into the whole experience with a clear financial aim in mind, you have no way of measuring the reality of your trading with the expectation.

Usually, the reality - even though it might be pretty good - ends up feeling like a failure because you miss out on some imagined number you had dreamt up without realising it.

Set your expectations

So, here’s some advice.

Before you start learning to trade…

Or even if you’ve been trading a while already...

Spend some time working out exactly how much you would realistically like to earn from your trading.

And be sure to write it down so you can hold yourself accountable to it.

When it comes to figuring out the number, the first thing I would advise, is to make it a monthly figure.

That way, it’s more tangible.

So, let’s say you were aiming to add an extra £2,000 to your income each month.

That might seem high to you, or it might seem modest. It’s naturally up to you where you set that figure.

The key thing is, once you’ve set it, it forces you to calculate a few other key factors that will become a big part of your trading ethos and your approach to risk management.

You see, now you have that figure in mind, you can start to roughly calculate how many points you might need to take from the market based on the amount of money you’re willing to risk.

So, if you’re only willing to risk £1 a point, it means you need to win enough trades each month to collect 2,000 from the market.

That’s not impossible by any means, but it would involve a significant amount of trading and you might not be looking to trade that often.

So, you might then look to trade at a higher pound per point level, say £5 a point, which would mean you’d be looking to take 400 points from the market each month.

That’s ten winning 40-point moves.

This is potentially quite achievable, even with a modest amount of trading.

But obviously, trading at £5 a point is much higher risk and in turn you might need to increase your starting bank or increase your risk exposure.

Still, the good thing is, by starting to think in this more practical way you start to build up a much more accurate picture of what your trading experience might be.

Rather than just imagining you’ll be a millionaire come Christmas and then being gutted when you’ve only made a few thousand pounds…

You can actually manage your expectations.

Come Christmas, when you’re sat on a significant pile of savings thanks to the extra £1,000 you’ve been putting away each month, you’ll feel much more positive.

And don’t forget...

Your magic number evolves

Of course, when you’re starting out, it might be you don’t have a huge amount of capital to begin with and so when it comes to working out how much you can realistically make each month you might be limited.

But the fact is, your magic number can change overtime as your bank grows and you’re able to risk more per point on each trade.

Depending on how quickly your bank builds, I would recommend assessing your monthly target every three to six months.

But even if you’re only starting out with a small bank to begin with, I would thoroughly recommend you still take the time to sit down and think about how much you can realistically expect to make each month.

Believe me, it will be one of the best ways to monitor your success and get yourself in the right frame of mind to succeed.

Just don’t trade blindly

Of course, I know for some more experienced traders, you likely don’t think in points per month and will perhaps look for a percentage return on your investment each year.

Fact is, every trader is different, and you’ll have your own preferences.

But I do believe the principle of working out a so-called ‘magic number’ - whether it’s based on points per month or an annual ROI - is an exercise you should try.

The key is in giving yourself a measure to aim towards.

Indeed, whatever you do when it comes to trading, just don’t go into it blindly, with absolutely no expectation of how much you can or want to make.

You wouldn’t start a business unless you had some idea of how much you could realistically make...

So, don’t start trading without some idea either.

 
There is no one single secret to being successful as a trader.

It is, of course, a combination of things.

You need to have good risk management.

You need to plan your trades.

And you need to have the discipline to stick to your plan.

Admittedly, these statements aren’t secrets…

For most, they’re just good common sense.

But I find with trading, common sense can often go straight out of the window.

That’s especially the case if you’re new to trading and reading all the various false promises that get made online…

You’re encouraged to dream big and think wildly.

You are often told you can always hit 1,000+ point winners and rinse the financial markets for all they’re worth.

It’s a nice idea.

But it’s not true.

And besides, this is NOT how real traders make money.

Little and often

Sure, sometimes, when you’re following a sound trading strategy, the odds are you will hit a big win occasionally.

When you do, that’s great.

Our members just hit a big winner recently, in fact, trading gold.

Some people would have walked away from the markets that day with a small fortune and that’s great.

But hitting big winners like this is not how most professional traders find success.

To be successful, you need to be consistent.

And to be consistent, you need to hit more winners than losers on a regular basis.

To do that, you often need to look for what I often call ‘bread and butter’ trades.

These are the smaller wins...

The 30-, 40- or 50-point moves.

They’re not necessarily big and exciting wins—but they really help make the difference.

You see, small but regular wins like this help you to tick up your starting bank slowly but surely.

And whereas the 1,000+ point moves are much harder to find...

These smaller moves are often much easier.

Plus, you can often find them in more obscure markets.

For example, members were recently alerted to a quick 60-point trade on the New Zealand Dollar versus the Swiss Franc.

As far as currency pairs go, the NZD/CHF is not as popular as, say, the EUR/USD or USD/JPY...

But when you’re looking for smaller, more consistent trades...lesser-traded pairs like this can be great.

So, to give yourself the best chance at succeeding with your own trading, I would encourage you do two things.

The first thing...

Don’t spend too much of your time trying to hunt down huge moves.

Instead, aim for little wins more often.

It might mean changing your expectations and it might mean changing how often you trade, but it is worth it.

The second thing...

Spend a little extra time each day looking at one or two of the more obscure currency pairs available to trade, or some of the smaller indices you don’t always consider.

These smaller markets might not present huge 1,000+ point moves, but they might well throw up a few smaller opportunities that are easier to identify and occur more regularly.

Our software can help

Obviously, the drawback with looking at a wider range of markets can be that you have to spend more time actually looking.

If you’re trading in your spare time, this isn’t great news.

Without our software, it could take you some time to trawl through less traded markets, establish the trend, apply the necessary indicators, check the levels, structure your trade...

You might just not have that kind of time.

And this is why our Trendsignal software is so useful.

Because it does almost all the analysis for you, all you need to do is dip into each market very quickly to see if there is an opportunity to trade.

If there is, you can act on it, or if there isn’t, you just close the market as quickly as you opened it and move on.

Still, don’t get me wrong...

Whether you’re using our software or not, I would recommend you do spend some extra time checking these more obscure markets.

They do tend to present some nice ‘bread and butter’ trades.

And I do very strongly believe that you’ll have a much more successful career as a trader by aiming for smaller wins more often.

The fact is, our Trendsignal software just makes trading this way a whole lot easier.

Indeed, if you’d like to see how, you should certainly tune in to one of our live training sessions this week as we’ll show you exactly how it all works.

Just register your details here to get access.

 
What do all traders really want?

Think about it for moment.

What would you say?

Winning trades?

Sure, we all want to hit winners, but let’s be realistic here...

Hitting losers is part of being a trader.

Trading is an imprecise science and it’s impossible to predict the market perfectly 100% of the time.

There’s something, I think, traders want more.

Huge wins?

Again, this would be nice.

But as we’ve seen before, ‘small wins often’ is usually the best way to stay successful over the long term.

I mean, think about it…

Would you be happy with a huge 1,000-point win on Monday if it were followed by a series of 200-point losses the rest of the week?

Of course not.

So, although it’s nice to hit a huge win now and again…

The smart trader wants something else.

What is it?

The key to good trading

Here’s what I think...

It’s consistency.

In my book, consistency is the key to good trading.

And when you’ve been trading a while, the one thing you tend to crave more than anything else is consistency.

The fact is, you want to hit more winners than losers on a regular basis...

You want a decent level of return on each of those wins, but you want to keep your exposure on losers to a minimum…

And you want to keep growing your capital slowly but surely in the right direction.

That’s what you really want.

And to do that, you need consistency.

And that’s exactly what we aim to provide you with here at Trendsignal.

And we especially do so at times like this.

Right now, there seems to be so many unknowns in the market…

Sentiment changes from day to day…

And, with there being so much else to worry about...

You want to know you can rely on your trading to return you a sensible return on a consistent basis.

It’s why we’re so proud to have delivered our members an average return of 83% per year since 2013.

Think about what that means...

Think about the kind of percentage return you’d get from any other investment right now and it probably doesn’t even come close.

Yet we’ve been averaging that for nearly seven years.

Not only that, but we’ve also been voted best trading education provider for five years on the bounce.

That is consistency.

And that’s what we aim to deliver to you in your trading too.

So, look...

Hopefully these thoughts will give you some help when it comes to trading...

But if you really want help to figure out how to spot the best trading opportunities in the market, you should check out what our Trendsignal software can do.

We run through exactly how our software works – showing you real examples from live trading – as part of our online training webinars.

Plus, we show you step by step how one of our specific strategies actually works.

It’s free to tune in and we run the webinars on Mondays, Wednesday and Fridays – so you’ve got a few options.

If you haven’t tuned in to one of our live training sessions yet…

I think you’d find it really useful, especially if you enjoyed reading this short report.

It’s also one of the best ways to learn more about the rules-based approach to trading we use here at Trendsignal.

So, don’t miss out…

You can register for one right here.