7 shocking tips for becoming a winning trader

There are many factors to trading and indeed to the trader that ultimately decide on how or even if a trader will be successful.

It seems ridiculous that some traders trade for entertainment value and that the risk capital for something to do! But there you have it, they have accepted losing from the start.

Others lose because of bad money management. More lose because they do not understand the difference from trading to gambling. Some traders seem gifted with all the traits mentioned. They just can’t make it happen.

The amazing thing is though that losing traders call more than 50% of the trades they enter correctly. In fact currency traders call the Euro correctly 61% And the Dollar 59% of the time yet they go on to lose long term.

In fact, statistics from FXCM claim that after analysing 43 million separate trades that the average profit of 43 pips on each winning trade was set off against an average of 83 pips every losing trade.

In short, even though traders are winning more often than they lose, they lose more points or ticks than they let themselves win.

what losing traders do

Cut your losses and let your profits run…

As you have probably gathered, although traders can win more trades than they lose on average, they are cutting their profits short and letting their losses run.

They have a key principle of trading back to front.

By trying to preserve their profits they have made, the average trader takes the profit to soon.

On the contrary, unable to take a loss they hold their position to long in the hope that they won’t lose so much.

So why not just hold a position that is winning and hope that it wins more?  Or close a position that is losing so it doesn’t lose anymore?

It sounds simple but it goes way beyond simply saying do it, don’t do it.

Pain from losing

The pain of losing out weighs the pleasure of winning. The hope that your losing trade becomes a winning trade is the flaw in most people’s arsenal when it comes down to trading.

I have often tried to think of ways to help traders get over this mentality. Although I believe that it is so ingrained in some that no advice will help these traders become successful, these quick tips may help others.

7 shocking tips for becoming a winning trader

If in doubt don’t bloody do it

If you are not sure that your trade will win don’t open the position. If you are sure and you are wrong that’s OK. The markets are not playing a game with you… They do not have emotions [essentially]. The prices of the markets are moved by people’s emotions. Stack the odds in your favour and think long term.

Start Small:

In my previous post I mentioned the power of starting small. If you learn how to make small consistent gains over time, it will prepare you better [emotionally] for the long haul.  It’s OK to be a small one… The markets don’t care about ego.

Bank Size

If your bank size is too large to start with you’ll find it much harder to take a loss. This will ultimately lead you to taking a bigger loss. This is because you don’t want to lose and can’t accept losing. Hoping and praying for a trade to turn round is BS. Financial trading just doesn’t work that way. You will never win them all.

Open a trade the other way, hedging, offsetting.

This works for some. If you are in a losing position open a trade in the opposite direction.  This will counter any further losses but at some stage you will have to close one of the trades.

Open a position both ways

This can also help master the art of closing a trade. If you open a trade both long and short and then close out the one that is losing. You then let your profits run.

Moving your stops

This is a great strategy for locking in profit. Trailing your stop up behind your positions can often lead you into a no loss situation.

And finally…

CUT YOUR  ******* LOSSES QUICK AND LET YOUR ******* PROFITS RUN!!!

 

Little Acorns Review

My Complete Little Acorns Review

Right, so after 2 months doing the Little acorns review from the beginning of December 2015 the results are in.

Now before I go on, this is a totally different type of system to that of which I normally recommend. Firstly because it is Lay betting on horses, secondly it is not a trading or arbitrage system and thirdly because it is a long term sports betting system.bet

I was very dubious about the results as the author claimed as did other reviewers that it had had only 2 losing months out of 44. That statistic I found incredible for a horse racing system.

So for almost 4 years, every month apart from the couple I mentioned has been a winner.

That’s some seriously reliable system.

So after my 2 month test, I can highly recommend the Little Acorns Racing System. [the website is a little dated but don’t let that put you off, the system is brilliant]

Now you are probably wondering why I even bothered to test it out if there were already 4 years of results? Well if I’m going to recommend something to you I want to make sure it really does work, but also I wanted to give you a full low down on why I liked it and also how it all works.

Little Acorns Review

The reasons I liked the Little Acorns system are numerous. But firstly I have to say that it is just so… simple to use.

All I did was to check the racing card prices on betfair for the selections that meet the criteria and recorded the bets.

Obviously I will now be using real money so that will take an additional seconds/minutes to place but it is a very quick and simple system to use.

The liability is very low with the average lay price of the selections being 1.75. This in itself made me see the possibilities with the system but also made me feel comfortable that the odds were in my favour.

You don’t need a lot of money to start using the system and a few hundred quid is all it takes.

Also, Little Acorns offers long term steady profits that can grow to a substantial second income after a few years of use.

Look at this chart. If you can average 10% ROI every month which on average seems realistic and attainable, you can be making a great income with minimal outlay in a reasonable time frame. Think of your investment strategy as 10 years not 10 months.

Little acorns review

 

You can see the compounding effect here also.

Acorns 10%

Over 2015 the Little Acorns system made a grand total of 111 points using the original staking plan and this included 1 losing month in June. So very near the 10% ROI I have just mentioned. But if you use the staking plan called 2 steps back the overall profit looks even healthier at 148 points profit.

If you could manage to squeeze a 15% ROI from your £400 start bank using the 2 steps back staking plan. And if this is then compounded over the same period. The results are staggering to say the least.

Little acorns system

Little acorns results

Now initially and in the beginning these profits may not seem big. I mean all month to make £40 is nothing special. But as I have said to you before and from what you can see clearly above, it’s compounding that slight edge and leaving time to do the rest for you that really works the magic.  It’s how to invest properly. Remember this is not a lottery ticket.

It’s set and forget.

This has to be a huge bonus for anyone that has a day job. Once you place the bets, that’s it for the day. You don’t have to go back and do anything else.

When I was doing the little acorns review I used to check the race cards for qualifying selections within the same time window every day. This was always from around 9-12.

So my actual results may vary slightly from someone else’s as it happens. This is because prices may have moved during the day, [drifted in or out]. But for me this is what worked. And what my results are based on.

Another thing is I did not deviate from the instructions when it came to the price of a selection at the time I was checking for qualifiers. So if there was a selection that was say .02 out of the system rules I didn’t lay it because it was almost a qualifier. I remained very disciplined throughout.

Support for the Little Acorns system

The author of the system is a great guy. He knows his stuff and looks at long term profits. He was helpful when I asked him anything about the system, although there is not really much to get confused with.

Staking plans

There are a few different staking plans that you can use and my results show the Fibonacci and the 2 steps back plan.

Personally I liked the 2 steps back plan. Not just because it was the most profitable but I can safely say that the bank was not ever in danger during my test.

But for those that are risk more adverse, level stakes is good also.

Here are the total selections I made during the test. The results do not take into account betfair commissions.

 

 

DateSelectionOddsResultStakeRunnersMeetingBank 14702 steps
2/12/2015ACTINPIECES1.97Winner104Ling1480
Mindurownbusiness1.78L106Catt1472
3/12/2015Wolfcatcher1.93L109Market R1463
Presenting Arms1.6L105Wincanton1456
5/12/2015  Courtown Oscar1.98L206Wetherby1446
  Ornate1.61Winner206Wolverhampton1466
  Cachao1.89Winner2013Wolverhampton1486
  Town’s History1.75Winner2011Wolverhampton1506
6/12/2015  Seeyouatmidnight1.98L106 Kelso1496
  La Bague Au Roi1.83L1011Huntingdon1487
7/12/2015Belrog1.89L207Chelmsford1469
8/12/2015  Aubusson1.81L305Uttoxeter1445
  Katie Too1.82L308Fontwell Park1421
9/12/2015  Wavelet1.73L507Ling1385
10/12/2015 Cracked Rear View1.63Winner804Newcastle1465
 Born Survivor1.83L8014Card Warwick1400
 Rock On Oscar1.89Winner8014Taunton1480
12/12/2015U S Navy Seal1.7Winner104Southwell14901520
Peace And Co1.81Winner106Cheltenham15001550
Famous Kid1.9Winner108Wolverhampton15101580
Fire And Passion1.66Winner107Wolverhampton15201610
13/12/2015Mango Cap1.97Winner1011 Car15301620
14/12/2015Zamdy Man1.79Winner105Plumpton15401630
Mckenzie’s Friend1.56L108Plumpton15351625
15/12/2015Warriors Tale1.9Winner105Catterick15451635
Laugh Aloud1.9Winner1010Kempton15551645
16/12/2015Dangerous Thought1.9Winner108Ling15651655
17/12/2015Jessber’s Dream1.72L1010Exeter15581648
22/12/2015Capelita1.86Winner1010Southwell15681658
26/12/2015Showboater1.91L105Fontwell Park15591649
27/12/2015Sprinter Sacre1.8L105Kempton Park15511641
30/12/2015Modus1.8Winner2014Taunton15711661
Points Profit10.119.1new stake
2/1/2016Yorkhill1.69L105Sandown Park1564165011
5/1/2016Patriotic1.93L107Southwell1554163911
8/1/2016Mondial1.87Winner2010Wolverhampton1574166111
9/1/2016Hombre Rojo1.96L106Ling1564165011
Tapaculo1.88Winner106Kempton Park1574166111
11/1/2016Oconnors Girl1.91Winner104Kempton1584167211
12/1/2016Special Season1.76Winner10Ling1594168311
13/1/2016Shaan1.88L107Kempton1584167211
14/1/2016Tomngerry1.75L108Catterick Bridge1574166111
15/01/2016Gorokai1.75L205Ling1554163922
16/01/2016Black Hercules1.78L305Warwick1524161333
Free Running1.92Winner505Ling1574164633
19/01/2016Conquer Gold1.65Winner105Ayr1584167933
21/01/2016Camdora1.96L108Chelmsford1574164633
25/01/2016Onenightinvienna1.81Winner104Kempton1584170155
27/01/2016Binky Blue1.98Winner107Ling1594172322
Points Profit2.36.2

 

 

Once again, I highly recommend this system for anyone looking for a long term sports betting strategy.

As with Vince’s system, it does what it says it does. It actually works.

I shall keep a monthly report of the actual results and bank as I shall start to use the system with cash. I’ll use Betdaq to place the bets as the commission is lower. But I will check the prices on betfair [if that makes sense] the prices are pretty similar but if there is and problems with liquidity and getting matched I’ll have to move back over to betfair.

A year from now you’ll wished you had started today. Order Little Acorns here

One more thing… I have managed to secure a spectacular bonus for my readers that will DOUBLE your profits if used alongside Little Acorns.

Place Profit Accelerator Method

This is an absolute gem of a bonus. Seriously… it really is. This system produced an amazing 316.84 Points Profit in 21 Months

And it’s ultra-easy to use. Simplicity really is the key to this bonus method.

This system works the numbers, not the form! And all from a liability no greater than 0.86 on any qualifying race!

 

These are the results from 2015 with only one losing month

 

JANUARY: 2015 = -6.60

FEBRUARY: 2015 = +18.70

MARCH: 2015 = +7.90

APRIL: 2015 = +5.40

MAY: 2015 = +18.55

JUNE: 2015 = +11.10

JULY: 2015 = +16.25

AUGUST: 2015 = +15.20

SEPTEMBER: 2015 = +15.60

OCTOBER: 2015 = +9.31

NOVEMBER: 2015 = +11.15

DECEMBER 2015 = +17.05

You really don’t get bonus systems like this. You normally get some crappy ebook that is totally useless in reality.

Order Little Acorns here and get the bonus Place Lay System system free.

You will not find this offer anywhere else online. So get in on it and join me.