INTRODUCTION: Where to start?

Fellow Trader,

A reader who’s looking to learn how to trade wrote to me recently.

He asked:

“Hello Adrian, I am not sure how to start as I have not done trading before. Also I would like to know the cost and what to expect. Thanks, Kaream.”

How to start?

It’s such a simple question but I know many more people wonder the same thing - especially from the feedback I’ve received over the past few weeks.

If you’re totally new to trading...

Where do you start?

The first thing to say is you don’t need to rush.

Learning to trade is about taking your time and taking things one step at a time. It’s about building wealth over time, not getting rich overnight.

Here at Trendsignal, we walk all of our students through things at a pace that’s suitable for them.

If you’re already pretty confident with the basics, we can speed things up and get onto the more serious matters.

But if you’re totally new to it all, we’ll start at the very beginning.

Indeed, the best place to start is to just get your head around understanding how a basic trade works.

By walking through a simple trade, we’re able to highlight a number of different fundamental elements of trading and break them down.

This is something we do during out live online training sessions, which you can register for here.

But when you join Trendsignal as a member, we do go into things in much greater detail and explore all the different aspects of trading.

Of course, we want to get you up and running and potentially picking off profits as soon as possible, but we’re also keen to make sure you’re comfortable with what you’re doing.

It’s why our trainers always take the time to talk theory with you and work through any issues that might not quite be clicking to begin with.

Start with why

When it comes to where to start, aside from looking at a basic trade and figuring out how it works...

I would also recommend doing a little thought exercise.

There’s a book by an American author and speaker, Simon Sinek, called Start with Why.

As you can guess from the title, it’s all about the idea that before you do anything in business, you should analyse the why. When you do, it helps you inform everything else.

In many ways, it’s the same with trading.

Ask yourself why you want to learn to trade…

It might be for extra income. It might be for greater freedom. It might simply be because you enjoy following the financial markets.

Understanding your motivation for trading will help you create a trading plan (something we do as part of our training process), which will often be different for each trader.

How often you trade, the level of risk you’re comfortable with and the time you choose to spend analysing the market will all depend on why you’re trading.

So, when it comes to where to start, I would recommend two things…

First, start with why and think about what’s motivating you to learn to trade.

Then, to get an overall picture of how trading works, I would look at the different elements of a basic trade.

From there, every trader’s path will be slightly different and if you become a member of Trendsignal, we’ll work on that path with you.

To help you do those first two things, I would highly recommend tuning in to one of our live online training sessions.

They’re free to attend and as part of the session we do walk through a basic trade so you can see how it works.

You can register for one of those here.

The second part of Kaream’s question was about how much it costs to join Trendsignal, learn to trade with us and use our exclusive trading software, which makes things a whole lot simpler.

The answer depends on your specific circumstances as we have a number of different payment options available. When you attend one of our training sessions we’ll break the options down for you, or you can always get in touch directly.

Fact is, Trendsignal isn’t like some two-bit forex course, or a dodgy tipster firing out trades off-the-cuff. We offer a total training education and it’s an award-winning one.

We’re here for people who are serious about learning to trade and achieving a new sense of financial freedom...

And we’re ready to help you no matter what stage of your trading experience you’re at. Whether you’re a total beginner like Kaream, or you’re an old hand looking for a new way of approaching the markets...

We can help.

As ever, the best place to start is by tuning in to one of our live online training sessions, which you can do here.

However, in this guide I’ve put together for you, I want to share some advice on how to deal with three of the biggest challenges people who want to learn to trade face:
 
I’ll tackle each concern in this guide and hopefully it will give you some reassurance and give you the nudge you need to really think about learning to trade.

I hope you enjoy reading and find it useful.

Best wishes,

Adrian Buthee
Head of Training
Trendsignal
 
PART ONE: Trading shouldn’t be a drain on your time

One of the biggest benefits of trading, I find, is the fact you can manage your own time.

A lot of our members tell us the same thing.

People have their own schedules, some preferring to set and forget in the morning or evening, others monitoring the markets at different intervals.

When you follow a strategic and systematic trading approach like ours, it’s really up to you how often you trade.

One thing trading should never be, as far as we see it, is time consuming.

So, I was interested to receive this email from Benjamin, a spare time trader who’s currently at University.

He writes:

“I’m currently at university studying nothing to do with business. I’ve been testing my knowledge on virtual trading apps, I’ve been making profit, day trading with high leverage on forex. I’ve found it is very time consuming following the markets and the news. As well as this, I’m working with small amounts and therefore I’m particularly worried about the risk, especially with high leverage and very little experience. Please, a few words of wisdom would be appreciated.”

It’s a really good email.

First off, it’s great to hear someone currently studying at University is looking to learn how to trade the markets. It just shows how open trading is to anyone who’s interested.

There are really two issues here, I think…

One is the fact Benjamin’s trading is currently taking up too much time.

The second issue here is high leverage and small stakes.

Let’s look at the time factor first, because, as I say, trading shouldn’t be too time consuming.

Getting bogged down

Here at Trendsignal, we follow a strategic and systematic approach to trading.

First up, the years of research and testing we’ve put into our software means a number of different factors are calculated automatically for us.

This has the advantage that when our members come to trade, they don’t need to do much analysis of the markets themselves.

Our members can use the signals we’ve set up to very quickly assess the situation and make a call as to whether there is an opportunity to trade or not.

This saves a lot of time, as you can imagine.

We teach our members how to make these calls themselves, but they’re supported by our software to make it infinitely easier and, crucially, less time consuming.

This is why we’re so keen to promote a system-based approach and I would recommend – even if you don’t choose to join us here as a member of Trendsignal and use our software – you still look to establish a systematic approach as it will save you time.

Find a set of rules that work for you over time.

And most importantly, stick to them.

This will mean you don’t need to spend too long always analysing the markets and being reactionary to more sensitive moves.

Indeed, this leads to the second part of the timing issue…

Trading the news.

Benjamin points out much of his time is taken up following the news and trying to figure it out. It’s a common concern we hear from people who come to us looking for an alternative.

Of course, having an eye on the bigger picture is important when it comes to trading – to only trade the technical without any consideration of fundamentals isn’t a good idea.

But specifically trading the news can be folly.

It’s around news releases and alerts that markets tend to be unpredictably volatile. Often a piece of news will already be priced in anyway and the market reaction is just speculative.

Our advice generally is to avoid – or at least be extremely cautious – trading around any specific news-based events on a reactionary basis.

As Benjamin is finding, when you follow the news too closely, you end up losing too much time trying to second guess it.

Instead, if you have a system-based set up as we practice here at Trendsignal, you can dictate when you trade and use the news as nothing more than confirmation of a move you expected anyway.

As always, to find out more about how our system-based approach works, the best thing to do is attend one of our free online training sessions.

We run them through the week, Monday, Wednesday and Friday…

And you can register for whichever session time best suits you here.

Managing your risk

The second part of Benjamin’s email concerns account size and being highly leveraged.

In other words, we’re talking about managing your risk.

This issue is crucial.

It’s something we cover in our online training sessions...

It’s something we cover in our initial training when you join us here at Trendsignal...

And it’s something we cover throughout the ongoing support we offer to our members.

As you can tell, it’s something we think is extremely important when it comes to trading and, naturally, there is a lot I could share with you.

But here, considering Benjamin’s specific worry about trade sizing and leverage, my biggest piece of advice would be to fix your trade sizes based on your overall account size.

Don’t leverage yourself so high you risk wiping out your whole account if a trade goes against you.

This is the mistake most inexperienced traders make.

The temptation, especially when you’re starting out with smaller stakes, is to risk a much higher proportion of your starting bank, or to not even consider your overall capital as a pool of money.

The key to successful trading is to only risk a small proportion of your capital with each trade. This gives you more chances to stay in the market and build your winnings slowly but steadily.

Choose a percentage of your starting bank you’re comfortable risking, usually between 1 and 5% is advised, and stick to that for a sustained period.

Not only will it protect you from over leveraging yourself and keep you trading for longer, but it will help change your mindset around risk, which will serve you much better in the long run.

Of course, as I say, we cover a lot more on risk management when you join us here at Trendsignal

And it’s something we cover in our free online training sessions, which you can register for here. 



 
PART TWO: How to not be overwhelmed by the markets

Trading can be tough.

And sometimes, when the markets are whipping up and down and it looks like your stop loss could be hit at any moment, it’s easy to feel a little overwhelmed.

Worse still, if you hit a few losing trades in a row, your spirits can really sink...

Especially if you’ve not got a plan or trading strategy in place.

This is what happens to so many traders.

I know because when they eventually come to learn with us here at Trendsignal, we hear all the horror stories.

And I get plenty of emails about it too, like this one I recently got from Steve.

Steve writes:

“I tried trading a few years ago and lost a lot of money, I am very nervous to get involved again. Although very keen to learn what it’s all about before I get overinvolved and lose everything again. I see the possibilities of using your system and would like to learn more, i.e. outlay initially? If I think it through, I could make a profit depending on how much I risk per point.”

It’s another great email.

I see there as two main issues here.

Like I say, there’s the issue of being overwhelmed. Of having lost out in the markets before and feeling like it’s an uphill battle to figure out how to begin again.

And then there’s the issue of joining a relatively high-price programme like we offer here at Trendsignal.

I want to tackle both here. Let’s start with the issue of overwhelm.

We go at a pace that’s right for you

First thing to say is that when you join us here at Trendsignal, we go at a pace that’s right for you.

Don’t get me wrong, our expert trainers will push you to achieve your goals, but they’ll only ever do so slowly. We’re not going to be shouting down your throat like some strange American motivational guru.

Instead, you’ll have the opportunity to learn in both group settings and one-to-one with our experts.

We walk you through everything you need to know.

If you’ve been trading a while, we’ll move quickly through the basics – providing you’re confident to do so – and get to the more advanced stuff.

But if you’re completely new to trading, or if you’ve lost out badly in the past and you’re worried about getting burnt again...

We’ll take it very steadily, so you don’t ever feel overwhelmed.

As one of our members, Ian Shirley, says about our training, it’s a “very informative course taken at a nice pace for everyone to understand.” Ian’s been trading with us since 2018 now.

While things are as they are, we’re doing all of our training online, as you can imagine. Though eventually, when things get back to normal, you are always invited to come and visit us at our offices in Cranfield to sit in on a live session.

But the beauty of our set up is that we are able to do things online, share screens and guide you through everything.

The other big way our approach stops you from being overwhelmed is the fact we provide you with tried and tested trading software that does much of the work for you.

We’ve been developing the Trendsignal software for years now, tweaking it to perform in the most profitable way for our members.

But aside from being proven to be profitable, like I say, our software does pretty much all of the market analysis you need to do so you don’t have to worry.

If you’d like a bit more detail about how the software works and the training we provide, you can call us direct, but without a doubt the best thing to do is tune into one of live online training sessions.

We run them on Mondays, Wednesdays and Fridays and they’re completely free to attend.

You can register here.

What you pay for with Trendsignal

Of course, though our webinar is free, if you want to join Trendsignal, there is a cost.

And it’s not cheap.

Well, I think it is in the grand scheme of things, as we’re talking about receiving an education and software package that could set you up for life and potentially make you thousands each month.

But, compared to some of the short courses and one-off trading manuals out there that sell for hundreds of pounds, our package is more expensive.

There’s good reason for that.

First, it’s simply a cost of service issue. We provide you with expert tuition that you wouldn’t get with an eBook, manual or tip sheet.

Our trainers are all expert traders themselves. Some even came to us through using Trendsignal.

Our customer service team are always there for you if you need support from a technical or personal point of view.

And we invest a lot of time and energy into keeping the Trendsignal software up to date and effective.

This all puts up the cost. But we simply wouldn’t have it any other way. We do not promise a get rich quick solution here. We want to help you become a successful trader and are therefore willing to invest what is necessary to make that happen.

Aside from the cost of providing such a hands-on service, there’s also the fact we’re sharing an income generating strategy that could serve you for life.

This isn’t a strategy that works for a few months because the market conditions are right and then fizzles out.

Our strategy is designed to provide you with the sound trading guidance you need for years and years to come.

We believe that’s worth a premium.

Of course, we could charge more than we do. But we have tried to balance it fairly so it is not so expensive as to prevent everyone trading, but significant enough that it is clear this is a serious opportunity.

Indeed, we’ve found from our own experience and in speaking to so many of the members who trade with us now...

When you only pay a few hundred pounds for a trading strategy or system, you tend to try it once and then it ends up on the shelf for you to look at another day. But you never do.

When you invest your money in us here at Trendsignal, we want to work actively with you so you’re able to achieve your goals.

Still, to make our training as accessible as possible, we do offer a few different payment plans, which you can find out more about by getting in touch.

Plus, to get you started, we actually go into some detail about how one element of our strategy works in our live training session webinar, which you can register for here.

As ever, the key thing to keep in mind when it comes to learning how to trade the markets with us here at Trendsignal is that we take your success very seriously.

That’s reflected in the price of our training, but it’s equally reflected in the fact we work very hard to make sure you’re never overwhelmed by the markets or fear losing out or getting burned by them as you may have been in the past.


 
PART THREE: How to reduce your losses

Most people trade the markets to help increase their income.

It makes sense.

Problem is, because markets have a habit of being unpredictable, and because, when you spread bet the markets, you’re leveraged...

It means you can not only lose what you stake...

You could potentially lose more.

Experienced traders will know this only too well. But newer traders, or any reader still waiting for the right moment to give trading a go, will worry about this enormously.

In fact, you might wonder why on earth I’m telling you this?

Well, for one thing, here at Trendsignal, we aren’t interested in trying to pull the wool over your eyes or pretend trading is something it isn’t.

There are risks when it comes to trading – that’s the downside of being able to make more money faster.

But the other reason I bring this up is because it’s only by tackling this issue head on that you can hope to overcome the problem.

Instead of ignoring it, it makes sense to figure out how to reduce the risk of losing trades to an absolute minimum.

That’s what we aim to do here at Trendsignal.

Plan to lose

So, we accept a huge number of traders hit losses – what can we do about it?

Find more winners maybe?

Not necessarily.

We’ll get to that side of the coin in a minute.

In fact, the first thing you need to do is to forget about winning at all.

You need to put in place a trading plan that takes into account the potential for losses and allows you to approach the markets in a balanced way.

This is risk management.

I get a lot of emails from people who are thinking about joining us here at Trendsignal and using our software but are worried that they’ll “lose too much”.

I understand the fear, but we help to overcome that fear by teaching our members how to manage their risk.

This means setting aside a specific amount of capital exclusively for trading that can then be staked in a balanced way.

The mistake a lot of new traders make is they run straight in betting a huge amount of their starting capital on a single trade.

This is a mistake as it means a loss could wipe you out and you don’t have any capital left to make it back.

This is how you lose too much.

To reduce how much you could potentially lose, as I say, you need to trade a fixed percentage of your capital on each trade.

When you do this, it limits how much you’re able to lose on any given trade. But more importantly, it means you’ll have capital available to hit more winning trades.

Of course, it’s a slower approach to growing your income, but as I always point out – we’re interested in helping you to grow your income consistently and successfully.

We are not interested in making false get rich quick promises.

So, one way to reduce losses is to only ever trade a fixed percentage of your bank.

And, in turn, that will give you the opportunity to hit more winners.

Always go in with a stop

Another way to limit your losses is to always trade with a stop loss.

This is a basic – I’d say fundamental – element of trading that everyone should follow.

I can’t think of a serious trader who would advise you trade without a stop loss. But if there is one out there, I’d be wary of them.

Putting a stop loss in place helps to reduce the potential for loss on any trade you might place.

And if you’re happy to pay for the premium of a guaranteed stop, it guarantees you won’t get burned.

Either way, when it comes to planning a trade, here at Trendsignal, we will always advise our members to calculate not just the entry and exit point…

We teach you how to calculate your stop loss too, based on the specific risk management measures you have in place on your account.

It’s another way in which you can reduce how much you could potentially lose when it comes to trading.

It might seem negative to focus on these two ‘losing’ factors in the first instance, but this is how professional traders work – minimising their exposure to loss before doing anything else.

Of course, once you’ve done that, the third best way to reduce your losses is to increase your winners...

Win more

It’s easy to say that you should simply win more trades...

That’s everyone’s aim, of course.

But despite this fact, I’ve spent decades working with traders and it still blows my mind the amount of people who simply don’t set themselves up to win more trades.

To this day, they’re still guessing. Trading on hunches. Chancing it on a single item of news that might send the market moving quickly (though it usually ends up going in the wrong direction).

It’s why, here at Trendsignal, we’ve been trading the markets for years using a very simple systematic approach.

We look to take as much emotion out of our trade selection as possible.

We keep an eye on the news, but we’re never led by it.

And we never jump into a trade on a whim. We always look for set up signals and, more importantly, confirmation signals.

That’s how our Trendsignal software is able to consistently return our members profitable, winning trades year after year after year.

We’re tweaking it, analysing data and strengthening the system in very subtle ways all the time – which is why we’re able to be so consistent.

So, if you want to avoid “losing too much” and losing too often, there are three very simple things to do:
 
  1. Only ever trade a fixed percentage of your starting capital
  2. Go into every trade with a risk managed stop loss
  3. Stick to a proven systematic trading approach

This is how we do things here at Trendsignal and our members find it works for them time and time again.

It’s why we get feedback like this from Chris:

“From never trading to seeing winning trades, fantastic. The team equips you with all that you need to succeed using this system, cheers for growing my account, thanks guys.”

So, whatever you do, if you want to limit your losses, bear this advice in mind in the future...

But if you’d like to find out more about how we could help you more actively, be sure to tune in to one of our free online training sessions.

We run them Monday, Wednesday and Friday and you can register for one here:

Register for one of our online webinars here.



 
P.S. Don’t forget…

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. (LINK)