Sharing My Experience as a Trader
Today I received an email from one of my readers asking me to share my experience as a trader.
I used to be commodity sales trader (trading copper, nickel, tin, zinc, lead, corn, gold, silver, crude oil). I did not stop at commodity, I know that if I want to become a macro fund trader, I have to know forex trading.
So I tried forex trading using my own money and I did not succeed. At that time I thought that making money from forex was near to impossible. This was because many a times I got stopped out on my forex trades.
The fundamental could be pointing to a weak USD, but some news along the way (economic news from Europe, US, or corporate news from all over the world) could create a change of trend, resulting my position being stopped out. After some losses and only 10% success rate, I decided to give up on forex trading.
After few years as commodity sales, I moved on to a hedge fund as a commodity trader. This is a normal trend in the trading industry because sales people gets peanuts while traders in hedge funds are earning big bucks.
But somehow US is against speculation on oil and agriculture products (at that time oil and agriculture prices are very high). Hence my employer (hedge fund) has difficulty in getting a commodity trading license from CFTC. Hence my trading director decides to place me into the forex team instead.
Since I am task to trade a new product, I have to learn fast. Since discretionary trading is difficult to make money in forex trading, I tell myself that I have to create a profitable system and follow the system faithfully. But to create a profitable system is never an easy task.
After much testing, modifying, retest, and remodifying, finally I managed to create a trading system that allows me to achieve more than 70% success rate in forex trading. This can be seen in my track records located at the bottom of this article.
The theory behind the system is that, there is a rotational, repeating cycle in the movement of the market prices. This is much like that of the waves of the ocean, where the waves react in relation to the invisible undercurrents of the ocean. These cycles keep repeating itself again and again with a time frame of not longer than 2 months for each cycle (from experience).
The reason that such a phenomenon happens and repeats itself is due to the nature of human behaviour. All through time, people have basically acted and reacted the same way in the market as a result of: Greed, Fear, Ignorance, and Hope. Markets can change, but human nature has stayed the same for centuries.
For the benefit of my readers, you only need to pay me US$40 to gain access to the details of my system. In addition, I am offering a 6 month subscription of trade alerts via emails. Think about it, just 1 winning trade will be sufficient to cover the cost of subscription.
Interested party please send an email to me at metal.commodity@gmail.com.