Ten Steps To Profitable Trading Review – Is Ten Steps To Profitable Trading Legit?

 

Ten Steps To Profitable Trading REVIEW

Summary

A Strategy So Simple Anyone Can Do It,

Even A Complete Novice To Trading

Working For Less Than An Hour A Month.

Details

 

System	Ten Steps To Profitable Trading
Website URL	Ten Steps To Profitable Trading
Trial	Start Trial
Overall Score	9.5/10

FULL REVIEW OF  Ten Steps To Profitable Trading

So what is in ten steps that makes it so amazing?

STEP ONE

Researching Winners

What is it about getting behind the right stock at the right time that is so elusive to near on 95% of traders, that they manage to miss the target consistently? The answer will surprise you in its simplicity.

You see most traders use indicators that they have been trained to look for and follow. The problem is those indicators are generally not indicative of what the stock price is actually doing or about to do, so their entry point is fundamentally flawed and their capital is not protected.

Step One shows you what to look for when choosing a stock to trade with. We'll need to start off with a dozen or so, so to save time there's a trick to doing this quickly and efficiently. All is revealed in the manual.

STEP TWO

The Short List

Now we have a dozen or so stocks in the running, we can start to eliminate the ones which don't make the grade. There are several simple indicators we can use to assist in this process.

These indicators, together with a little common sense and a general awareness of what consumer products are in public favor are all we need to be able to eliminate the weaker of our choices.

Step Two shows you how to shortlist your first run-through down to about three. These will be three stocks which will have the best chance of making us a profit and the least chance of turning against us after we take our position.

STEP THREE

Choosing The Stock

Now we have three stocks to choose from we need to pick out the best one. This is really your call because any one, two, or even all three of them could be great stocks for us to trade with.

As traders, we don't care what the company is or what it does, we are just there to make money, however, if you do have any personal preferences, here's where you can eliminate companies for your own reasons.

Step Three will leave us with one stock that has a tick in all the boxes, including meeting technical, fundamental, and personal requirements.

STEP FOUR

Identify The Buy Point

Getting in at the right time is crucial to minimizing the chances of the stock turning against us after we have taken our position. Whilst this wouldn't necessarily spoil the party, it is obviously something we should try to avoid.

Despite what most traders seem to think, there is a good way and a bad way to do this. It's all about paths of least resistance and ten steps will walk you through the process.

Step Four will show you how to identify exactly the right time to enter a stock so that when you do take your position the stock's path of least resistance at that time is up.

STEP FIVE

Buying In

This is the only time you actually need to be there. At some point your stock will pass through your buy trigger and you will need to place your order.

Now if you are using a trading platform that allows you to set automatic buy orders then you don't even need to be there either. Set an email or SMS alert and you could get a message that you have been 'bought in'.

Step Five looks at the four different ways the stock can move while you are waiting for your buy point to get triggered (up, down, sideways flat, sideways choppy) and will ensure that when the perfect time does come along you will be there to secure your position with confidence.

STEP SIX

Choosing The Stop Loss Point

Without a doubt the most important of all the ten steps - using a stop. It forms the backbone of the main principle of the ten steps, which is the preservation of capital.

The stop loss is to protect you from yourself. Humans have primal instincts which work contrary to the ten steps strategy. The primal instincts I am talking about of course are fear and greed, and they're what cause all the losses. They will consume you and before you know it you'll be following the 95% crowd.

Step Six shows you how to eliminate the primal instincts from your trading by using support levels to guide you to where your stop loss should be.

STEP SEVEN

Setting The Stop Loss Point

There is a secret to choosing exactly the right place for your stop loss. Get too close and you risk getting stopped out too quickly, stay too far away and you'll suffer greater losses if the stock does actually turn against you (which it does occasionally!).

Whilst our stop loss will help protect the capital we don't want to find ourselves getting stopped out too early too often. Lots of small losses will eventually add up to a big loss.

Step Seven will tell you exactly where you should put your stop-loss so that you can remain in relative safety just out of reach if the stock threatens to ruin your trade.

STEP EIGHT

Setting The Breakeven Stop

Provided we followed the first few steps properly we should start to see the stock price making gains, with us holding a healthy position with a stop loss in place. All well and good.

As soon as practically possible we need to protect 100% of our capital, and we do that by moving our stop up to our buy-in point. Do this too early and you'll be out of the trade again. No financial loss this time, but a pain all the same.

Step Eight will go through some of the threats we need to lookout for before moving our stop up so that we don't get stopped out before we even get started.

STEP NINE

Setting Trailing Stops

By now we should be feeling very confident. The very worst that can happen is the stock turns and stops us out with nothing but a bloodied nose and a bruised ego. That is not what is most likely.

Because of the way we chose our stock in the first place and the entry point which we secured, what is most likely is that the stock will continue drifting onwards and upwards, with us riding it all the way.

Step Nine shows you where to move your stops too so that you are continually securing profits as the stock rises up, but not getting stopped out before the stock itself runs out of steam.

STEP TEN

Locking In Profits

At some point, the stock will run out of steam. If we've been particularly lucky we could have followed this stock up from a very low to a very high. If that's the case the stock will almost definitely take a breather.

There are signs that this is about to happen so that when it does our stop will be close enough to get trigged quickly, locking in our gains and exiting us from a very profitable trade.

Step Ten shows you what to look for so you know when to expect a pullback, so you can make adjustments to your stop to take maximum advantage of the stock price to exit at the best possible time.

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Consumer Fraud Alert Regarding Ten Steps To Profitable Trading

The success of the Product has given rise to many frauds who try to sell their own fake supplements in its name. This is a big issue as many customers have lost their money in joining such fake sites. Therefore, it is highly advised that consumers do careful research, or only join from the site from the official website here – Ten Steps To Profitable Trading (link opens in a new window). The official website that they have includes the legitimate supplement.

Ten Steps To Profitable Trading  Preview: (to pause the video, simply tap/click on it)

 

 

 

 

 

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