WiseMan Trading

  Would you like to become a trader? At WISEMANTRADING   we don’t believe this is possible through just purchasing a course / Mentorship Programme. The road to trading success is a long, hard, winding road, with many potholes, false turns, and dead-ends. Sorry, but that’s a fact. There is no Holy-Grail trading solution  Just as peak performance in sport requires years of exposure to the sport, trading success comes from years of exposure to the markets, allowing constant improvement in the trader’s ability to read changes in market sentiment and react without fear, what we do at WISEMANTRADING  is to reduce your time and money spent on the market and keep you ahead 4-6 years ahead in Trading career.  Disciplined application of the following steps will get you off to a great start to becoming a trader. Please print it out and get started from step one immediately. And as you travel along this long journey to profitability, don’t forget to enjoy the process a...

  If you‟ve noticed the small number of pages in this blog, you may suspect that this is not the Greatest Trading Book – Ever! And you‟d be correct. But don‟t worry; there‟s a simple explanation. This blog will explain exactly how you can create The Greatest Trading Book – Ever! You see, it‟s not a book you can buy. It‟s something you create. Let me explain…

The best way to profit in the stock market, or any financial market, is to capture a trend in your time frame. There are other ways, like selling option premium or hedging production by selling futures contracts.                                               DECEMBER PNL AN REQUESTED BY MANY   But the majority of market participants are trying to capture a trend on their own trading or investing time frame. Buy and hold investors are betting on the long-term uptrend of the stock market over the course of their working life. Day traders try to capture trends from the time the market opens, until the time it closes, all in one day. Swing traders are looking to buy a low and then sell it as it trends higher over a few days, or sell a high price short and cover it at a lower price over a few days’. I have found that the longer the time frame, ...

  Most traders move from trading system to trading system, and over time, until they find one that suits them… one that is comfortable to run and tests well over (back-tested, then real) time. Some traders never stop looking for the “right” system. THAT is a problem. There are many systems that can generate nice profits over time. To settle on a trading s that’s right for you: First, you have to believe in the process by which the system generates trades. Who was Fibonacci, and how did he arrive at his methodology? Does it make SENSE to YOU? Maybe you’re a visual sort of person and you are drawn to Candlestick charting. Take the time to understand why the patters mean “reversal” and not just accept the “picture”. Go deep. Choose a guru that you will need to trust 100%. If you choose to take your trades from a guru, understand where his or her godliness is coming from. This can be a dangerous choice in that you are giving up control to another. Choose wisely. Second, whatever system...

 How to Trade the Cup and Handle Chart Pattern How to Enter and Exit This Powerful Pattern  Chart patterns occur when the price of an asset moves in a way that resembles a common shape, like a triangle, rectangle, head and shoulders, or in this case a cup and handle. These patterns are a visual way to trade. They provide a logical entry point, a stop-loss location for managing risk, and a price target for exiting a profitable trade. Here's what the cup and handle is, how to trade it, and things to watch for to improve the odds of a profitable trade. 

  You read about the Gurus of trading.   There’s a group of them that started with their last few Thousands and ran it up to millions because of a simple strategy they can teach you.   There’s another group of Gurus that claim hard work, long study and signing up for their newsletter will lead you to where you want to go. All Gurus want you to “learn from their mistakes.” They ask, “Why should you make all the mistakes I’ve made, when you can benefit from my experiences?” Now being somewhat of a Guru myself, I think there IS a certain truth to this query, but not the way you probably think. Other trader’s experiences can make you aware of what to expect as you embark upon your trading. Knowing what to expect should translate into having less “blindside” occurrences. However, when you come across the forewarned learning experience, emotions will come up. These emotional situations (fear, overconfidence, freezing) are up to YOU to handle. (For me or some people ar...

  Michael Buffer swings the microphone up to his mouth and spurts, ”In the blue corner, from Cleveland, Ohio, standing 5 feet 11 inches tall, weighing 215 p the challenger… “Tryon ‘The-Best’ Ican”!”  Buffer continues, “And in the red corner, with a record of 90 wins, all by knockout, with only 10 losses, and heavyweight champion of the world…”Marcus ‘All-Ways’ Wright!”  Now see yourself as Tryon.. cause that’s what you’re doing, tryin’, and of course, the Market is Marcus, because the market’s always right.  Now you have a shot to win . Not a great shot .But A shot  A hundred fighters have faced Marcus and 90% of them have lost .But 10 have won. What did they do to win ?  I didn't see all the fights, but I know I'm accurate when I say that 9 out of 10 of the fighters (if not all ) that beat " All - Ways " Wright , kept a journal between rounds so that they could improve after every round.  They all knew Wright was tough , so they had to make sure ...