Pyramid strategy

Pyramid strategypyramid strategy

Originally Posted by hmp

can anybody explain pyramid strategy in trading? i also like to know how to double once proffit while exiting from one position and starting anoher position. its very usefull strategy in the game of trading which most of expert traders using.

I came to know of the pyramid trading strategy when I subscribed to the futures trading newsletter from tradingpicks They recommend this strategy.

I use this strategy to trade the nifty futures and the results are fantastic.

Pyramid Trading as the process of using profit generated from an existing position to acquire additional positions.

This results in a doubling of your position during each pyramid iteration. By using a sensible approach to manage risk, it is possible to rapidly achieve exponential gains.

The signals are generated by the newsletter, so I just have to follow the signals and add positions only in the direction of the profitable trend. The profits from my first trade partly pays for the second and so on. I like this strategy because it provides a more comfortable trading situation and gives me confidence of trading.

have any further questions then let me know.

Forex trading strategies pyramiding

Forex trading strategies pyramidingForex Trading Strategies: Pyramiding

This article looks at the pyramid forex trading strategies and how to use them when trading forex.

When entering the foreign exchange trading market, a new trader will discover there are various trading strategies to choose from. It is important that the individual has an understanding of their personality traits to choose the best strategy. Those who opt for short-term strategies are generally impulsive, whereas the long-term traders have more patience and prefer to see their trades progress over time. However, there are some strategies that are more suited to experienced traders and pyramiding is one of them.

What are the pyramiding forex trading strategies?

Pyramiding is a strategy whereby the trader will add to positions placed as the price moves in a profitable trend direction. As it is highly risky, this should be undertaken by full-time, experienced traders with a great degree of discipline. The trader must be able to work according to predetermined trading plan and always control the risk effectively with stop loss orders.

While pyramiding can be highly beneficial, the profits will only increase if the trend continues heading in the desired direction. If the market suddenly turns and the trend reverses, then the losses can be devastating; hence the need for strong stop losses. By adding to positions one alters to cost of the entire position on per unit basis, therefore it is important that a trader conduct a risk/reward ration before engaging in pyramiding.

The signal used to add to positions must be placed at predetermined points on the predicted trend line. These signals can be identified by conducting technical analysis with different trading tools such as moving averages, logical chart points, etc.

There are different types of pyramid strategies, all which be discussed below.

1. The standard pyramid

The standard pyramid is the most popular of the different type of pyramid techniques. It is also known as the scaled-down pyramid or upright pyramid and begins with a large initial position. This initial position is the followed by a series of predetermined additions which decrease in size as the price continues alone the trend.

2. The inverted pyramid

This is also known as the equal amounts pyramid as it adds equal-sized amounts at each increment point. However, the average cost is much higher here and a smaller price reversal can eliminate all profits potentially made. This type of pyramid offers much greater profit potential than the other types of pyramids, when compared to the risk of course.

3. The reflecting pyramid

The reflecting pyramid is similar to the equal amounts pyramid to a particular point on the trend, and then begins to reduce the position as the trend continues. This indicates that this type of pyramid does not follow the trend entirely, but deviates slightly. It should be noted that the reflecting pyramid is one of the least profitable of all pyramid strategies.

4. The maximum-leverage pyramid

The maximum-leverage pyramid is potentially the riskiest of an already risky strategy. This requires an addition of maximum sizes to the limits of accumulated profits and margin requirements. While this type of pyramid can offer the greatest profits, it will also present the greatest losses should the trend turn against you.

Pyramiding arisky strategy

Pyramiding arisky strategyPyramiding: A Risky Strategy

Pyramiding is adding to positions as price moves in the desired trend direction. Pyramiding is a highly aggressive trading strategy suitable only for full-time professional traders who know how to control risks and have the discipline to execute a tested plan consistently. Pyramiding should be executed only according a predetermined and tested method which includes an effective stop loss.

Although pyramiding increases profits if the trend continues as hoped, pyramiding also increases losses if the trend reverses, so risk control is key. Reward/risk tradeoffs quickly turn against the pyramid trader when the price trend reverses. Because adding to positions changes the total cost of the entire position on a per-unit basis toward the last price, a quick reversal to the original entry price can result in a significant loss. And if the price changes direction quickly and steeply, such as on a gap or fast market, it can be impossible or difficult to limit risk according to plan.

The signal to add to positions may be triggered at predetermined price points that confirm the trend direction. Such price points might be based on volatility bands, moving averages, a variety of trendlines, logical chart points, penetration of resistance levels, and so on.

The standard pyramid, which is also known as the scaled-down pyramid or upright pyramid, starts with a large initial position and is followed by predetermined additions that decrease systematically in size as price moves in the indicated trend direction. For example, if the initial entry was for 100 shares, then as price moves to the next predetermined level add 50 more shares, then 25 more at the next level, then 13 more, for a total of 188 shares.

The inverted pyramid, which is also known as the equal amounts pyramid, adds to an initial position in equal share-size increments. For example, if the initial entry was for 100 shares, then as price moves to the next predetermined level add 100 more, then if the price continues 100 more, then 100 more, for a total of 400. Here, however, the average cost per share is much higher, such that a smaller price reversal eliminates all profit. The inverted pyramid offers greater potential reward at the cost of much greater risk, as compared to the standard, scaled-down pyramid.

The reflecting pyramid systematically adds to a position up to a predetermined price level, then it reduces the position systematically as the trend continues, so the reflecting pyramid is not a pure trend following method. If the price does have a major move in the indicated trend direction, the reflecting pyramid would result in less profit than both the standard and inverted pyramids.

The maximum-leverage pyramid keeps on adding maximum size up to the limits of accumulated profits and margin requirements. This is the most aggressive strategy possible, and it offers the maximum potential reward, the maximum potential risk, and the worst reward/risk ratios. This pyramid must be combined with tight exit rules, or else it is a formula for near-certain ruin.

Pyramiding: A Risky Strategy

Pyramiding is adding to positions as price moves in the desired trend direction. Pyramiding is a highly aggressive trading strategy suitable only for full-time professional traders who know how to control risks and have the discipline to execute a tested plan consistently. Pyramiding should be executed only according a predetermined and tested method which includes an effective stop loss.

Although pyramiding increases profits if the trend continues as hoped, pyramiding also increases losses if the trend reverses, so risk control is key. Reward/risk tradeoffs quickly turn against the pyramid trader when the price trend reverses. Because adding to positions changes the total cost of the entire position on a per-unit basis toward the last price, a quick reversal to the original entry price can result in a significant loss. And if the price changes direction quickly and steeply, such as on a gap or fast market, it can be impossible or difficult to limit risk according to plan.

The signal to add to positions may be triggered at predetermined price points that confirm the trend direction. Such price points might be based on volatility bands, moving averages, a variety of trendlines, logical chart points, penetration of resistance levels, and so on.

The standard pyramid, which is also known as the scaled-down pyramid or upright pyramid, starts with a large initial position and is followed by predetermined additions that decrease systematically in size as price moves in the indicated trend direction. For example, if the initial entry was for 100 shares, then as price moves to the next predetermined level add 50 more shares, then 25 more at the next level, then 13 more, for a total of 188 shares.

The inverted pyramid, which is also known as the equal amounts pyramid, adds to an initial position in equal share-size increments. For example, if the initial entry was for 100 shares, then as price moves to the next predetermined level add 100 more, then if the price continues 100 more, then 100 more, for a total of 400. Here, however, the average cost per share is much higher, such that a smaller price reversal eliminates all profit. The inverted pyramid offers greater potential reward at the cost of much greater risk, as compared to the standard, scaled-down pyramid.

The reflecting pyramid systematically adds to a position up to a predetermined price level, then it reduces the position systematically as the trend continues, so the reflecting pyramid is not a pure trend following method. If the price does have a major move in the indicated trend direction, the reflecting pyramid would result in less profit than both the standard and inverted pyramids.

The maximum-leverage pyramid keeps on adding maximum size up to the limits of accumulated profits and margin requirements. This is the most aggressive strategy possible, and it offers the maximum potential reward, the maximum potential risk, and the worst reward/risk ratios. This pyramid must be combined with tight exit rules, or else it is a formula for near-certain ruin.

Trading pyramiding strategies

Trading pyramiding strategiesPyramiding strategy forex, buy instant dashi stock.

Jan 12, 2015. The Forex pyramid trading strategy you're about to learn will greatly increase your chances of making consistent returns as a Forex trader. By Nial Fuller in Forex Trading Strategies 111 Comments. Special Note. Note scaling in is the same thing as adding to a position or pyramiding in. You've. By Nial Fuller in Forex Trading Strategies 111 Comments. Special Note. Note scaling in is the same thing as adding to a position or pyramiding in. You' ve.

Pyramiding strategy forex:

Today, we are going to discuss the pyramid trading strategy and how you can turn. Get 35% Off Life-Time Membership To Nial Fuller's Forex Trading Courses. Today, we are going to discuss the pyramid trading strategy and how you can turn. Get 35% Off Life-Time Membership To Nial Fuller's Forex Trading Courses. Mar 3, 2006. Pyramiding is a highly aggressive trading strategy suitable only for full-time. Forex Trading Recommendation, Forecast, Trading Signal, Forex.

buy instant dashi stock:

This strategy involves scaling into profitable investments as they continue to rise. Pyramiding is not "averaging down", which refers to a strategy where a losing position is added to at a price that is lower. Source ForexYard. Mar 29, 2013. FOREX TUTORIAL - How To Pyramid. Forex Price Action Pyramiding Trading Strategy +300 Pips - 2ndSkiesForex - Duration. by.

Pyramid trading properly

Pyramid trading properlyPyramid Trading Properly

Pyramid Trading can be part of your money management and trading system allowing you to take advantage of trends that can persist for longer than you anticipated or beyond the scope of your normal trade holding periods. You want to take advantage of a sustained move in the financial instrument that you are trading.

Many traders experience these trends at various points in their career. You are expecting a certain market movement, to a certain level, but instead of the market stopping at that key level, it decides to blow through it and continue trending. Or the market just continues moving in a certain direction defying all the normal retracements that usually come. You count the days that the market keeps posting a fresh high or low and the days just keep on tallying up. Or perhaps you feel more strongly about a certain trade that has just broken out and you would like to add to your existing position.

You could have a short position on. You got in at a good price. The market breaks through critical lows. You analyze the market again and think that the move stands a good chance to go lower and you want to add to your existing position aka you want to pyramid your position.

Done correctly it can exponentially increase profits during strong market moves. Done incorrectly and you can blow your account in short order.

Most traders DO NOT pyramid properly. Lets say you have a $25,000 account and decide to place a trade with 2% risk and a 50 pip stop loss on the EUR/USD. That would be a position size of 100,000 units or 1 standard contract. The market moves in your favor and you decide you want to start pyramiding you want to start adding more short positions. Now what most traders do is when they go to add another short position they add in another 1 standard contract. Bringing up their total position size to 2 standard contracts. Then when the market drops more and they go to pyramid again, the add another 2 standard contract short position. Pretty soon they started with a position size of 1 standard contract using 4:1 leverage, and they have ended up with a position size of 4 standard contracts using 16:1 leverage. That is NOT smart trading. That is dangerous as you are getting in most of your position size at progressively worse prices. Sure you may have a decent paper profit on your initial positions, but that is still not enough to justify dialing up the leverage from 4:1 to 16:1 leverage. That is how the amateurs do it. The pros do it a lot differently.

What the pros do is as the position moves in their favor and they choose to start pyramiding they add position size that is smaller than their initial position size.

Let us flip the pyramiding situation to taking advantage of a strong upward trending market. The pro trader with a $25,000 account may start off with a long position of 1 standard contract. Then if the market moves in their favor, and they choose to start pyramiding they will start adding position size, but it is smaller than their initial position size of 1 standard contract. So for example they may choose to add a 50,000 position, or 5 mini lots(half a standard contract). Remember that their initial position was 100,000 units. When they started pyramiding they add another 50,000 position. This is small than their initial position size. This allows them to take advantage of a sustained move in the market, without piling on a massive amount of more risk and leverage. Yes assuming that the trade is correct, they will make less % return than the person trading crazy leverage, but there account will be FAR safer and be able to withstand draw downs much better. The pro trader knows that they do not need to bet the house on every trade as there will be great trades to take advantage of and pyramid in the future. Nice steady returns to compound the money in their accounts. The amateurs are trying to turn $25,000 into $10,000,000 within a few months are trying to bet the house on every trade because they are pyramiding inappropriately and are suffering large draw downs and blown accounts because of it.

If you really think about it, that is the only way to pyramid properly. That is the way the pros do it and survive for the long term to take advantage of market volatility and movements spread out over many years.

Lets say a hedge fund has a $1 billion dollar position in the markets. Were they to follow the amateur style of pyramiding, they would be adding another $1 billion position size, then another $2 billion, then another $4 billion. That would be an insane risk to put their fund through, not to mention that their is enormous liquidity risk in their positions as well.

The real way the pros do it, is if you have a $1 billion dollar position and are very sure of the trade, you can add another $300 million position, then if you are really sure, you can add another $100 million here, another $100 million there. Notice they are always adding position size that is smaller than their initial position size.

That is the way the pros do it. Follow them and your account will grow much steadier and safer.

What the pros do is as the position moves in their favor and they choose to start pyramiding they add position size that is smaller than their initial position size.

Pyramid trading greater profits with less risk

Pyramid trading greater profits with less riskPyramid Trading: Greater Profits with Less Risk

Gatis Roze | January 18, 2013 at 11:30 AM

No, the pyramids are not a range of mountains between France and Spain. Yes, there are over 80 pyramids in Egypt. There are also triangular, pentagonal and oblique pyramids in math. No doubt youve also come across ecological, nutritional and even income pyramids. This blog is about my pyramid. It is a method that I use for both buying into a position as well as exiting an equity position. My trading pyramid is both a method and a discipline. It involves adding to a position in a systematical manner to take advantage of an equity showing increasing strength while simultaneously limiting risk. Its loosely based on two market clichés: “the trend is your friend” and “buy strength, not weakness.”

The pyramid trading method simply advocates wading into a full position in small controlled chunks rather than buying 100% of your target position on the first purchase. I describe it as both a method and a discipline because often when investors finally make the emotional commitment to buy an equity, human nature seems inclined to want to devour the entire position in one big bite. In the market, as so often is the case, human nature is wrong.

The pyramid method allows you to buy, for example, 25% of your intended full position, set your stop and then wait for the markets next wave up to confirm the wisdom of your first purchase decision. If the market trends higher, you show a profit and the market has reinforced your good judgment. If it trends down, your stop is executed, you controlled your risk, and you book a small loss on only 25% of your full intended position.

In a sense, you must retrain yourself. This is not like shopping at Nordstrom. You arent waiting for a lower sale price before buying. Pyramid trading is the absolute opposite. It may seem counterintuitive at first, but you want to pay more for each subsequent entry into the market until youve acquired your complete 100% position. As your equity continues to trend up, you exercise a parallel discipline of moving your stop up to follow the positive trend and protect your profits.

One misconception about pyramid trading is that you can pyramid down as well this is incorrect and potentially suicidal. The market offers a litany of clichés, such as “catching a falling knife” . to address such poor and inadvisable behavior. The power of pyramid trading is that it forbids you from adding a second position unless you already show a profit on the first position. This simple caveat should be chiseled in stone.

In the excitement and ensuring madness of a market media blitz when the hype says one thing but the charts say another this rule has saved me time and time again. To quote James Russell Lowell, “one thorn of experience is worth a whole wilderness of warning.” The corollary rule and benefit is that, as an investor, you must adjust your stops when you buy your second position which might account for anywhere from 25% to 50% of your full target position. In a nutshell, you continue to add to your profitable positions and take advantage of the equities up trend as well as controlling your risk by diligently raising your stop following behind your positive trending equity.

In summary, to reflect the fact that equities typically move up more slowly than when they reverse and break down, I pyramid into a long position using approximately 25%, 35% and 40% as rough guides. But on the exit, I reverse that strategy, closing out 40% of my position firstly and then following that with 35% and 25% if the equity continues to deteriorate. Pyramid trading is a method that has been validated by numerous academic studies. Because it takes advantage of bullish trends by increasing position size with each upward wave, it instills the added benefit of disciplined stop adjustments that will make the average trader better and the good trader exceptional.

Trade well; trade with discipline!

-- Gatis Roze

About the author: Gatis Roze. CMT, holds an MBA from the Stanford Graduate School of Business and is the past president of the Technical Securities Analysts Association (TSAA). Since retiring from an entrepreneurial business career in Silicon Valley, Gatis has actively managed his own account full-time for over 25 years. He has taught sold-out investment courses in the Seattle area since 2000 and recently released the top-selling Tensile Trading DVD course . He is also the creator of the popular Tensile Trading ChartPack for StockCharts users.

Pyramid trading strategy-double your profit potential

Pyramid trading strategy-double your profit potentialPyramid Trading Strategy Double Your Profit Potential

The Forex pyramid trading strategy youre about to learn will greatly increase your chances of making consistent returns as a Forex trader. It can literally double or even triple your profits on a single trade.

But as profitable as pyramid trading can be, it can be just as damaging if used improperly. Which is why I wanted to take some time today to walk you through exactly how I use this strategy to double my profit potential.

By the end of this lesson, you will understand the pyramid strategy inside and out. You will be familiar with the dynamics behind the strategy as well as the mechanics that make it so profitable. But most importantly, you will know how to double or even triple your profits on a single trade .

Before we get into the technical side of things, its important to first understand the basics of pyramiding.

What is Pyramid Trading?

Pyramid trading is a strategy that involves scaling into a winning position. In other words, strategically buying or selling in order to add to an existing position after the market makes an extended move in the intended direction .

When youre right you need to be really right, and when youre wrong you need to be a little wrong. This has to be your mentality if you ever wish to become a consistently profitable Forex trader.

Pyramid trading fits perfectly into this mentality because it compounds your winning trades into two or three times the initial profit potential while reducing your overall exposure.

Therein lies the best part about pyramid trading if done properly, you arent exposing yourself to any additional risk. In fact, you are actually mitigating your risk as the trade moves in your direction.

The illustration below shows the basic idea behind pyramiding.

The illustration above shows a market thats in a clear uptrend, making higher highs and higher lows. This is a nice stair step pattern where the market is continually breaking resistance and then retesting that resistance as new support. Market conditions such as this are ideal for scaling into a winning trade.

The initial buy order in the illustration above is triggered when the market retests former resistance as new support. The second and third buy orders are similar to the first, which are both triggered when the market retests a former resistance level as new support.

Keep in mind that the market has to break through each level and then show signs of holding in order to justify adding to the original position. This is why having a strong trend in place is a requirement for effective pyramiding.

Now that you understand the basics of pyramiding, lets get into the mechanics behind pyramid trading as a strategy.

Forex Pyramid Strategy

The key to successful pyramiding is to always maintain a proper risk to reward ratio. which says that your risk can never be greater than half the potential reward. So if your profit target is 200 pips, your stop loss must be no greater than 100 pips. This achieves a 1:2 risk to reward ratio, also known as 2R.

Lets take a look at another illustration, only this time were going to apply position sizing and a proper stop loss strategy .

Using a hypothetical $20,000 account, we would buy 40,000 units (4 mini lots) on a retest of each key level. The profit target for each position is varied, while the stop loss for each new position is 100 pips.

Lets run through this example starting with the initial buy of 40,000 units. For example purposes, were going to assume that the market represented above is in a strong uptrend, so momentum is on our side.

The market breaks through a level of resistance, and upon retesting the level as new support you notice a bullish pin bar , so you buy 40,000 units (2% risk)

You decide youre going to let this trade run because again, youre trading a market thats in a strong uptrend

The market breaks through the second resistance level and again retests it as new support

You notice the market holding above the new support level so you decide to buy 40,000 additional units and trail your stop loss behind the second position

Once more, the market breaks through a key level and retests it as new support

Seeing the continued strength, you decide to buy another 40,000 units and trail your stop once more behind the third position

Thats a lot of buying! At this point you have built up a fairly large position size of 120,000 units at risk. Or is it? The total position size is in fact 120,000 units, but how much of that is actually at risk ?

Nothing! In fact by the time you add the third position of 40,000, the worst case scenario is that you make a 6% profit .

Whats the profit potential if the market travels another 200 pips after buying the third block of 40,000 units?

A massive 24% profit.

Hows that possible, you ask?

Lets crunch some numbers to find out.

The Mechanics Behind Pyramid Trading

Now that you have a good understanding of the dynamics behind pyramiding, lets dig a little deeper and find out why its such a profitable strategy.

The illustration below shows the previous example, only this time were including the profit potential along with the risk profile of each entry.

This is where the real magic happens. Notice how the profit potential for each additional position is compounded throughout the trade, while the risk is continually mitigated.

The initial entry would have resulted in a 12% profit, which is considerable on its own. However by pyramiding, we were able to double the profit on the same trade while reducing our overall exposure.

Lets take a look at the best and worst case scenarios for each step of this trade.

First block of 40,000 units

Worst case: 2% loss

Best case: 12% profit

Second block of 40,000 units

Worst case scenario: Break-even (+2% from the first block and -2% from the second)

Best case scenario: 20% profit (+12% from the first block and +8% from the second)

Third and final block of 40,000 units

Worst case scenario: 6% profit (+6% from the first block, +2% from the second and -2% from the third)

Best case scenario: 24% profit (+12% from the first block, +8% from the second and +4% from the third)

As you can see from the figures above, the worst case scenario at any point in the trade is a 2% loss, while the best case scenario is a 24% profit . This makes pyramid trading not only extremely profitable, but vastly more favorable compared to most other trading strategies out there.

Conclusion

Pyramid trading can be an extremely advantageous way to compound your profits on a winning trade. However it isnt without caveats and it shouldnt be used excessively. If you find yourself trying to scale into more than one trade per month, theres a good chance that you arent being selective enough about which trades to scale into.

Knowing when to use pyramiding takes a great deal of practice, just as the proper execution takes no small amount of planning. But the potential profit is well worth the time and effort.

Last but not least, dont get greedy . Its far too easy to fall into the trap of thinking that the market isnt going to reverse on you. Remember, markets ebb and flow. Even the strongest trends experience pullbacks to the mean .

Have an exit plan outlined before entering the first trade of a series. This allows you to define your plan while in a neutral state of mind. If you wait until youre in a trade before defining an exit plan, theres a good chance your emotions will get the best of you.

Here are a few things to keep in mind when using the pyramid trading strategy.

Only use the pyramid strategy in a strong, trending market Always define your support and resistance levels before entering the trade (plan your trade and trade your plan) Know your exit plan of where you want to book profits before entering the first trade Maintain a proper risk to reward ratio at all times Trail your stop loss behind each new position in order to mitigate your exposure Keep things simple by using the same position size for each block of buying or selling Don't get greedy - stick to your plan no matter what

Above all else, just remember to use pyramiding sparingly. This isnt a technique you want to use on every trade or even every other trade.

But if you can catch just three or four pyramided trades per year, youre looking at a profit potential of 60% to 80% from a mere handful of trades. Combine that with the fact that youre only risking 2% each time, and you have a strategy that is as favorable as it is profitable.

Do you currently scale into winning trades using something similar to the pyramid strategy covered in this lesson? If not, do you think pyramiding is something you will use for future trades?

Pyramid trading strategy–how to turn small trades into huge trades

Pyramid trading strategy–how to turn small trades into huge tradesPyramid Trading Strategy – How To Turn Small Trades into Huge Trades

30 August 2015 19:41 WIB (GMT+07) Nial Fuller

“Let your winners run” they always say. Great! But, HOW do I do that? How do I turn small trades into big winners? You’ve probably asked yourself this many times. As great as all these old trading aphorisms are, they do seem a bit vague and don’t really give us any specifics or details on how exactly one accomplishes the wonderful things they imply.

Today, we are going to discuss how you can turn small trades into big winners, it’s called pyramiding. You’ve probably heard of pyramiding before, generally it tends to have a negative connotation to it, but that’s just because most traders don’t understand how to pyramid properly.

Not every trade is a candidate for pyramiding, in fact most aren’t, but the ones that are can make you a lot of money, quickly. One pyramid trade that nets you a 10 to 1 winner might be the only winning trade you need for three or four months, that’s why it’s so important you understand how to pyramid properly…

Pyramiding: Playing with the market’s money

The main concept to understand behind pyramiding, is that it allows you to ‘play with the market’s money’ because as a trade moves in your favor you trail your stop loss down (or up) to lock in profit when you add another position. This basically means your overall risk on the trade stays the same or decreases as you lock in profit, but your potential profit increases . assuming you do it properly (more on this later).

However, you need to be aware that whilst the upside benefit to pyramiding is large, the risks can also be large if you don’t pyramid properly. If you do not properly trail your stop to keep the overall risk the same or less each time you add a position, you’ll be dangerously cranking up your risk to a level that could blow out your account. Also, since you’ll be trailing your stop loss perhaps tighter than you would on a non-pyramid trade, as the trade moves in your favor it increases the chances of the market snapping back against you and stopping you out of the entire position.

We only try to pyramid into a trade if we are confident that the market is in a strong ‘one way move’ with momentum. It doesn’t have to be a breakout, it just has to be a substantial move that you expect will have strong momentum behind it.

Now that we’ve discussed what it means to ‘play with the markets money’ and the potential risks in pyramiding, let’s talk about how to pyramid properly, so that you can avoid the major risks of pyramiding but still having a chance at large gains…

How to Pyramid into a position properly

The basic concept of pyramid trading strategy into a position is that you add to the position as the market moves in your favor. Your stop loss moves up or down (depending on trade direction of course) to lock in profit as you add lots / contracts. This is how you keep your overall risk at 1R whilst increasing your position size on the trade.

Thus, as you add contracts / lots, the potential profit on the trade increases exponentially, whilst initial risk (1R) remains constant. Our hope, as traders in a pyramided position, is that the market won’t then snap back and stop us out before it falls or rises further in our favor.

Think about it like this: The market makes an initial burst in your favor, perhaps to the 1R or 2R reward point, you then add another position whilst trailing the original stop loss on the first position to break even or to 1R to lock in profit. You are still exposed to a 1R risk on the second / pyramided position, but you now have double the position size because your first lot is still live.

Let’s look at an example of what a properly pyramided trade might look like, this will also give you a better idea of the math behind proper pyramiding:

Let’s assume the EURUSD is trending lower like it has been recently. You see a solid pin bar sell signal that formed showing rejection of the 1.3670 resistance level. You decide that since price has respected this level and it’s obviously a key chart level, it’s a good place to set your stop loss just above. So you decide to put your stop loss for the trade at 1.3700, stop loss placement is very important and it’s something you should not take lightly.

Next, there is no obvious / significant support that you can see until about 1.3200, so you decide to aim for a larger profit on this trade and see if the trend won’t run in your favor a bit. Your pre-defined risk on the trade is going to be $200, to keep the math simple let’s say you sold 2 mini-lots at 1.3600; 100 pip stop loss x 2 mini-lots (1 mini-lot = $1 per pip) = $200 risk.

You decide to aim for a risk reward of 1:3 on this trade, so you set your initial target at 1.3300 and you plan on adding two positions to this trade, one when you are up 100 pips and another when you’re up 200 pips. You plan on doing this because the market is trending strongly and you have a strong gut feeling that there’s a good chance the trend will continue without a large pullback.

Here is what your trade looks like at entry:

The trade falls in your favor and so you proceed as planned by adding another 2 mini-lots at 1.3500. So, your full position is now 4 mini-lots or $4 per pip, this means your potential reward on the trade is now $1,000 if price hits your target at 1.3300.

Important: Before you enter the second position, you trail down your stop loss on the first one to 1.3600, and that position is now a ‘free trade’ (at breakeven). The stop loss on your second position is also at 1.3600, thus you’re overall risk on both position is still just $200, but remember, you’ve now nearly doubled the potential profit on the trade…

The trade keeps moving in your favor so you decide to add your final position of 2 more mini-lots. You now have a $6 per pip overall position size. You have a potential profit of $1,200, double what it was when you first entered the trade, and the best part is, your overall risk is now at $0…

How’s that possible you’re asking? You’ve trailed down the stop loss on both previous positions to 1.3500, locking in a $200 profit on the first position you entered at 1.3600 and reducing the risk on the second position to breakeven. The $200 profit you locked in on the first position thus offsets the $200 risk you added on the last position, making it a totally ‘free’ trade; that’s how you ‘play with the market’s money’…

You have yet more good fortune and the trade continues falling and hits your target at 1.3300, all three positions are now closed and you’ve netted 6 times your risk, for a risk. reward of 1:6. You never had more than $200 (1R) at risk at any one time, yet you profited $1,200.

Now you understand how to pyramid your way to profits…

Final thoughts on pyramiding…

In the example above, we used a relatively low risk amount at $200 per trade for example’s sake. But, you can see how quickly pyramiding can build your profits. You have the potential to turn $1,000 risk on a trade into $10,000 in a short span of time, a 10 to 1 winner. These kinds of trades are very possible if you’re trading a clean move, that can be a large single-day move or a large move over the course of a week perhaps.

An important thing to understand is that it does take some experience to know when pyramiding into a trade may be a good idea and when it’s not. You also need to be prepared to get stopped out at breakeven, because when you’re trailing your stop loss down like we discussed above, it doesn’t take a very large retrace to knock you out of all your pyramided positions. But, if you get just one successful pyramided trade every 3 or 4 months, you’ll be doing quite well.

Another important point is to not let greed take over. You need to plan out how many positions you’ll add before you enter and when you will add them, etc. Don’t just totally ‘wing it’, or you’ll end up over-trading and possibly losing money. Each trade is unique and there are no clear and precise rules, but the concept of pyramiding and adding to winners is universal. Just BE SURE you are trailing your stop down (or up) to offset the new risk you acquire each time you add a position, or else you’ll be potentially pyramiding your losses, and you don’t want to do that.

Also, never add to a losing trade, traders often make this mistake and it’s a quick way to blow out your account. If a market is moving in your favor you can add to it as discussed above, but if it is coming back against you and moves back beyond the entries of your earlier positions, you should be getting out or your stop loss should automatically take you out.

Cycling weekly

Cycling weeklyTraining plans

All cyclists can benefit from following a training plan. From seasoned racers to new roadies, if followed correctly cycling training plans can help improve anyone's riding. Here we bring together a range of plans

The activity of cycling can mean many things to many people. It is no longer the reserve of lycra clad men racing at impossible speeds on sunny French roads. Cycling is increasingly the transport choice of commuters, and with better infrastructure the potential to get more people on bikes could grown immensely.

For many people, using a bicycle for utility purposes means there is no need for a training plan. no one trains to catch the bus everyday. But for some of these bicycle users, utility is often the way into sportive participation and racing, and although the process of pedalling and staying upright remains the same, the effort levels and required endurance can change significantly. This is where the benefits of a cycling training plan come into their own.

Browse through our pages below to find the training plan for you. and check back in the spring and summer for new content to see you through the sunnier months of the year.

Cycling training plans: get fitter, ride faster and go further

August 4, 2015

Pyramid your way to profits

Pyramid your way to profitsPyramid Your Way To Profits

Pyramiding involves adding to profitable positions to take advantage of an instrument that is performing well. It allows for large profits to be made as the position grows. Best of all, it does not have to increase risk if performed properly. In this article, we will look at pyramiding trades in long positions. but the same concepts can be applied to short selling as well.

Misconceptions About Pyramiding

Pyramiding is not "averaging down ", which refers to a strategy where a losing position is added to at a price that is lower than the price originally paid, effectively lowering the average entry price of the position. Pyramiding is adding to a position to take full advantage of high-performing assets and thus maximizing returns. Averaging down is a much more dangerous strategy as the asset has already shown weakness, rather than strength. (For further reading, see Averaging Down: Good Idea Or Big Mistake? )

Pyramiding is also not that risky - at least not if executed properly. While higher prices will be paid (in the case of a long position) when an asset is showing strength, which will erode profits on original positions if the asset reverses, the amount of profit will be larger relative to only taking one position.

Why It Works

Pyramiding works because a trader will only ever add to positions that are turning a profit and showing signals of continued strength. These signals could be continued as the stock breaks to new highs, or the price fails to retreat to previous lows. Basically, we are taking advantage of trends by adding to our position size with each wave of that trend.

Pyramiding is also beneficial in that risk (in terms of maximum loss) does not have to increase by adding to a profitable existing position. Original and previous additions will all show profit before a new addition is made, which means that any potential losses on newer positions are offset by earlier entries.

Also, when a trader starts to implement pyramiding, the issue of taking profits too soon is greatly diminished. Instead of exiting on every sign of a potential reversal. the trader is forced to be more analytical and watch to see whether the reversal is just a pause in momentum or an actual shift in trend. This also gives the trader the foreknowledge that he or she does not have to make only one trade on a given opportunity, but can actually make several trades on a move.

For example, instead of making one trade for a 1,000 shares at one entry, a trader can "feel out the market" by making a first trade of 500 shares and then more trades after as it shows a profit. By pyramiding, the trader may actually end up with a larger position than the 1,000 shares he or she might have traded in one shot, as three or four entries could result in a position of 1,500 shares or more. This is done without increasing the original risk because the first position is smaller and additions are only made if each previous addition is showing a profit. Let us look at an example of how this works, and why it works better than just taking one position and riding it out.

Real-World Application

For simplicity, let's assume we are trading stocks for our first example, and have a $30,000 trading account limit. The maximum we want to risk on one trade is 1-2% of our account. Using a 1% maximum stop, in dollar terms we are only willing to risk $300. A stop will be placed on the trade so that no more than this is lost. We look at the chart of the stock we are trading and pick where a former support level is. Our stop will be just below this. If the current price is 50 cents away from the last support level and we add a small buffer (so, 55 cents), we can take 545 shares ($300/$0.55=545). Round this number down and only take 500 shares; our risk in now less than $300.

We could buy our 500 stocks and hang on to them, selling them whenever we see fit, or we could buy a smaller position, perhaps 300 shares, and add to it as it shows a profit. If the stock continues to trend, we will end up with a larger position (and thus more profit) than 500 shares, and if the stock falls we only lose money on 300 shares - a loss of only $165 ($0.55*300) as opposed to $275 ($0.55*500) if we only took a static 500 share position.

Now, let's take a look at an example using a 15-minute chart of the Great Britain pound against the Japanese yen (GBP/JPY). The circles are entries and the lines are the prices our stop levels move to after each successive wave higher.

Forex pyramid trading case study

Forex pyramid trading case studyForex Pyramid Trading: Case Study

The Forex pyramid trading strategy is the most lucrative strategy that I have come across thus far in my trading career. Thats saying a lot considering Ive been trading since 2003.

Why is it so powerful, you ask?

Because it offers virtually unlimited profit potential without the increased risk of loss . And as we all know, the number one rule of any profitable trader is to maximize profits and minimize losses. The pyramid strategy allows you to do exactly that.

Showing you how to do it is one thing. Showing you an example of how I executed the strategy is another entirely. Which is why I wanted to take this time to show you an example of a trade that I recently pyramided.

But before we jump in its important that you understand the basics of pyramiding. This will allow you to better understand the concepts and methods once we get to the case study below.

Pyramiding Crash Course

The following is a crash course on how to pyramid. This will only cover the very basics of the strategy. See the full lesson for more detailed instruction.

As the name implies, pyramiding involves strategically adding to an existing position as a trade begins to move in your favor. The key word there is strategically. We arent just putting additional capital at risk and then crossing our fingers in hopes of making more money.

The following illustration shows a pyramided long position.

Notice in the illustration above how we are adding to the initial buy order as the market retraces to former resistance and begins acting as new support.

The opposite applies to a short position, where we would add on a retest of a broken broken support level as it begins to act as new resistance.

Each buy order you see above is for an equal amount. So if you buy 40,000 units on the initial buy order, you would buy an additional 40,000 units on buy orders two and three.

In order to limit risk you want to move your stop loss up each time the market breaches another key resistance level. This ensures that the only risk you are exposed to is from the initial entry.

Thats the basic idea of pyramiding. But be sure to read the full lesson if anything mentioned above is unclear.

Case Study

The following is an actual trade that I took on AUDJPY. The setup along with each subsequent position taken was discussed inside the Daily Price Action members community .

In order for the case study to make sense, we will take a look at each individual level and formation that led to the initial setup. Once we have outlined the entire setup I will show you how I went about entering at various key levels .

The first and most prominent level on AUDJPY at the time was weekly trend line support as shown below.

Notice that we have three well-defined touches off of this support level. Take special note of this trend line as it will play an important role later on.

Next up is trend line resistance that is best viewed on the 4 hour time frame. We will stay on this time frame for the remainder of the case study.

The chart above shows an obvious resistance level that had formed over two months and was therefore on a lot of peoples radar. This level will also become an important factor in the next few charts, so be sure to take note of it.

Next is the tipping point that led to the initial setup a false break of the trend line we just saw on the 4 hour chart.

The chart above introduces two new factors. The first being the false break of trend line resistance and the second being the short-term trend line support.

Like most false breaks, the one that occurred above resulted in a swing in the opposite direction. In the case of AUDJPY that meant a move lower over the next few sessions.

Now that you have a firm understanding of some of the major levels involved, lets get into the details of the initial trade setup along with subsequent levels of interest.

The chart above illustrates the exact setup and key levels I was viewing at the time it unfolded. Lets walk through what is happening at each level and then well get into how I went about adding to the initial short position.

After the bulls failed to hold former trend line resistance (new support), the pair formed a bearish pin bar that was respecting the old resistance level.

The bears took control shortly after, pushing the market below the next key support level. Upon retesting this level as new resistance the pair formed yet another bearish pin bar.

Approximately 24 hours later the market managed a close below the next key level of support. As we know, old support becomes new resistance. AUDJPY didnt disappoint as the pair quickly dropped another 115 pips to eventually settle at weekly trend line support.

Now its time to take what you have just seen and apply my entry and stop loss levels. The chart below shows how I went about entering at various stages of the downtrend. Notice how I trailed my stop loss as the trade began moving into profit.

The initial short entry came on a 50% retracement of the first bearish pin bar. I knew the first level of support was 90 pips away and by entering at 50% I managed to keep my stop loss tight at just 20 pips. This gave me a potential 4.5R right off the bat.

As soon as the next 4 hour candle closed below support I knew I had an opportunity to pyramid. The second bearish pin bar (sell order #2) gave me a great entry point. Using another 50% entry I now had a 30 pip stop loss.

But heres the beauty of pyramiding. Because of my initial short position, which was now in profit, my worst case scenario was a 2R profit . This is because my first position would have netted me 3R minus the 1R loss giving me 2R. So as you can see I was already in a risk-free position.

We arent done yet. Soon after the market moved down and took out the next key level of support. This break led me to take a blind entry on a retest of the level as new resistance.

Why risk a blind entry, you ask? Because the worst case scenario at this point was a profit of 10.9R (9R on the first position, 2.9R on the second position and -1R on the third position).

Remember the weekly trend line support from earlier? This was my final profit target where I closed out all three positions for profit. The final numbers were as follows:

First position (+320 pips / 20 pip stop loss = 16R)

Second position (+230 pips / 30 pip stop loss = 7.6R)

Third position (100 pips / 45 pip stop loss = 2.2R)

The grand total was 650 pips from all three positions or more importantly, 25.8R. To put that in perspective, if you were risking just 2% per trade you would have made a massive 51.6% profit. Not bad for a sequence that took just two days from start to finish.

The best part about this entire sequence of trades is that my maximum exposure at any point in time was just 20 pips, or 2% if you prefer.

Final Words

As you can see, the Forex pyramid strategy can be extremely powerful if properly executed. The idea that you can achieve unlimited profit potential without the increased risk is what makes this trading strategy appealing to so many traders, myself included.

I would be remiss if I didnt point out that every trade will not offer this kind of profit potential. In fact opportunities such as the one discussed above only come around once every few months. But at 20R+ you dont need many of these a year to grow a trading account quickly.

Pyramiding the trade

Pyramiding the tradePyramiding the trade

Pyramiding the trade refers to a common practice amongst traders to add to an active position, therefore increasing its size while the trade continues to run. If the trader achieves a better price (a lower price for a long trade, a higher price for a short one), it’s called averaging into the position and it’s expected to add to the winnings. The practice has its adherents and its sceptics. Here’s a discussion.

As an example, imagine a trader taking the currency pair AUD/JPY long at 82.70, then adding to the position at 82.50. The trader has doubled his market exposure, achieved an average purchase price of 82.60 (a better price for a long trade), and therefore slightly more than doubled his potential profits.

The problem here is, this trader has also slightly more than doubled his potential losses. And for the trader to achieve a better purchase price on a long trade, the forex trading market had to move against him. At the time of the second lot’s purchase, this trader had an unrealised loss of ?20 pips, and that hasn’t changed with the increased position. The trader has lost money, and doubled down on the loss.

It’s not a good idea to pyramid a trade when:

• There’s not a lot of margin to spare. If there’s not a cushion for the trade, adding to the position will merely reduce what’s there even more.

• The trade is short-term with a tight stop. The tighter the stop, the more likely it will be hit and the pyramid will increase the losses.

• The currency pair is reacting opposite to market expectation after a fundamental announcement and the trade in question is being hit. The trader should trade the currency pair’s actual movement, not the market’s expectation.

• There are signs the range is breaking, if the currency pair was range-trading or consolidating and the trade is based upon that range. If a new trend is beginning, the position should be closed without delay.

It can make sense to average into a position when:

• The anticipated breakout occurred on schedule. If a new trend is taking hold and the price action has retraced for profit taking, another lot’s a good idea.

• A reversal is imminent. If the currency pair is nearing a strong support or resistance level, if a double top or bottom (for example) is almost complete, or a candlestick reversal pattern such as a hammer or hanging man successfully formed, adding to the position can make sense.

The strategy for technical traders is to cut losses and let winnings run. Adding to a losing position short-circuits that strategy. Adding to a winning position respects it.

Aok fitness connect

Aok fitness connectBalance Training Strategies

Balance Training is one of the latest trends in the training of athletes and in the fitness industry. Most physiotherapy, athletic performance centers and gyms across the country are full of the latest in balance and core conditioning devices such as mediBalls. balance boards. Duradiscs. Balance pads beams. foam rollers. and many others amongst the hundreds of devices currently available on the market.

The premise for using such devices, is the dramatic improvements in functional balance and core conditioning that can be achieved. This is often the case when these abilities are compromised through injury or other deficits but not always the case when talking about sport-specific gains that are reported from using all these tools.

What Is Balance Anyway?

Uninjured or impaired athletes dont have the same balance training needs as the rehabilitating athlete. In order to fully critique the current use of balance training for athletes, we should first have a general idea of what balance is. Balance, is simply defined as the ability to maintain the center of gravity (COG) over the base of support (BOS).

This ability is made possible by the co-operation and co-ordination of three primary sensory systems: the visual, the vestibular (inner ear), and the somatosensory (Click here for a Power Point Presentation Proprioception changes with injury ) systems. These three systems are often referred to as the triad of postural control. It is through the combined feedback from these three key systems that we are able to move and maintain balance without falling over.

Balance Strategies

An important concept to understand how we regain balance after losing it is postural sway. Postural sway is the normal, continuous shifting of the COG over the BOS. When an individual is able to keep within their limits of stability, balance is maintained. However, when postural sway exceeds these limits, a restabilizing strategy is required in order to prevent falling. There are three fundamental strategies for regaining balance that have been identified: the ankle strategy, the hip strategy, and the stepping strategy.

During mild postural perturbations, most people will use the ankle strategy to regain an upright stance. This strategy simply recruits the ankle platarflexors, dorsiflexors, invertors and evertors to correct any minor disruption in upright stance. No stepping action is necessary with this strategy. Several common balance devices such as the rocker board, foam rollers, and balance pads elicit the ankle response.

If postural perturbations are even greater, the hip strategy might be used alone or in conjunction with the previously mentioned ankle strategy. During the hip strategy, balance is regained by flexing and extending the hips and spine in order to keep the COG within the confines of the BOS. If successful, no stepping action is needed.

With even more disruption to ones balance, the body calls upon the stepping strategy in which a forward, backward, or lateral step must be taken in order to restore balance. This type of strategy is much more common in sporting type of situations as it typically occurs under more ballistic conditions than the previous mentioned strategies. Also, due to the speed in which these corrective steps must be taken, little or no feedback is used to modify the movement. This type of control is also known as feedforward or open loop control, and it is common to many sports and even daily activities that require speed, quickness, or a fast reaction time.

When an athlete is standing on a balance device, they are typically only working the ankle and hip strategies to regain balance and are able to receive adequate feedback about how to correct their balance. This is not very specific to the demands of real life and sport so these balance drills can hardly be called sport-specific. Also, many of the surfaces (foam rollers, Swiss-balls) differ greatly from any surface found in most sporting situations.

Unless incorporating very innovative training drills the reality of using most of these devices, is that they are specific skills that may really only help the athlete learn how to better use the particular device. While there is probably no harm in using them, one has to ask if time could possibly be spent doing something more beneficial. Balance, like most other motor qualities, is specific to each task and sporting situation. Good balance in one situation does not guarantee good balance in another!

So What Is One To Do?

There is nothing wrong with using these devices so long as their limitations are realized and other, more sport-specific exercises are not being left out. Many of the devices are a lot of fun to perform and can provide novel variation for athletes. I personally like to use the various balance devices as active recovery or during periods of lower loading as might occur in a periodized program. However, if ones time is limited, only the most beneficial exercises should be included exercises such as variations of Olympic lifts. the 3 power lifts (squat, deadlift, and bench press), (Click here for downloadable document on Plyometrics) Plyometrics. and other important accessory movements should never be omitted for specific balance exercises.

If one includes variations of gymnastics tumbling, hopping, skipping, jumping, and sprinting activities in is hard to think that any further balance training is necessary. The martial arts also provide some very dynamic and effective forms of balance training for athletes. Getting back to balance devices, there are a couple of that I think prove to be more useful than others. The Fitter Bongo and Indo board serve as useful balance challenges that can be made to be much more unpredictable than the common balance board and foam roller exercises.

Additionally, if one takes an upright sport-specific drill, Olympic lifting or strength movement and closes the eyes (or wears a blindfold!), the proprioceptive demands increase considerably. The late Dr. Mel Siff, world-renowned sport scientist, referred to this as imperfection training. One can, for example, shift slightly back and forth while at the bottom of a Snatch, holding a bar overhead, or during the beginning of a Squat before the descent. With a little creativity, one can turn any drill, exercise, or sport-specific movement into a balance or imperfection drill.

Trading high-roi trading

Trading high-roi tradingTrading: High-ROI Trading

Дополнительные параметры

Лекции 64 Видео 16 Часы Уровень навыков средний уровень Языки English Включает Пожизненный доступ

Описание курса

Why You Should Invest in the High ROI Forex Trading Course

This High ROI Trading Video Course is the in-depth version of the best selling Amazon Forex books.

The 10XROI Trading System

The Trade Around Your Job System

The High ROI Scalping System

(Bonus Course - The High ROI Forex Trading End of Day System)

Pyramid Your Trades to Profits

Control Your Inner Trader

It is important to note that ALL the trading systems were designed to slot into each other and to be traded together. This means that you can add each system to your trading system with confidence knowing that you are adding more opportunities and they can all be traded without conflict

It is necessary to have some trading knowledge in order to understand the video course. It is also important to have read the books first before taking the course. For those who haven't read all the books they are provided free of charge with the course.

The course is designed to build on what has been taught in the books and go into more depth as to how the systems work individually and when used together .

The first thing to note if you haven't yet read the books is that the trading style is simple with no messy indicators although there are two moving averages used just to measure momentum. The course is price-action based and is designed to be very time friendly.

The course starts with the 10XROI System, which provides the basis for the next systems, the Trade Around Your Job System, the High ROI Scalping System and the High ROI End of Day Trading System.

The last section is about how you can increase the ROI on the trades using pyramiding techniques.

Overall the course is made up of 64 videos of an average length of 20 minutes each. However the course is dynamic and there will be a course updates section which will provide video answers to students questions.

The great advantage of this course lies in the increased depth of information as compared to the books. Those who are interested in taking their trading to a new and more profitable level will benefit by taking this course.

5.0 out of 5 stars Simple, Practical, Applicable Profitable, January

Charles A. Floyd, II - (REAL NAME)

Amazon Verified Purchase

This is one the THE BEST trading books that I have read in quite some time. As a professional trader and systems designer, I know quality when I see it. Taking the time to learn and apply this method will improve your trading and help you to overcome some of the common pitfalls that all traders share and experience.

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5.0 out of 5 stars Solid strategy for mid to long term traders, January 19, 2014 By Spyderman - Amazon Verified Purchase This review is from: The 10XROI Trading System (Kindle Edition) I love the higher RR strategies. Why put all that work into a trade for a small return LR Thomas outlines a nice high reward system based on solid price action…not a bunch of fancy indicators

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5.0 out of 5 stars A+, November 21, 2013

Timur Chitaya -

This review is from: The 10XROI Trading System (Kindle Edition)

A good trading system that requires patience. Key entry points, clearly outlined in this booklet. The ROI resembles in a way Kellys s criteria in that you don't just risk a certain amount per trade. Well written booklet, good trading strategy.

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5.0 out of 5 stars This one hits what counts. December 7, 2013

By Edstein

Format:Kindle Edition|Amazon Verified Purchase

Excellent. I have read many psychology books out there and most are too long and boring. This one hits what counts.

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So SIMPLE, yet SO POWERFUL! ANOTHER out of the park Home-Run!

By Pipskateer on December 17, 2013

Format: Kindle Edition

MATH is definitely KING where trading money management is concerned, and LR Thomas is ALL OVER IT! If ever there was a case for PURPOSELY STRUCTURING your trades on a FOUNDATION of MATHEMATICS, LR Thomas has MADE IT quite convincingly. The strategies outlined in “Pyramid Your Trades To Profit will GREATLY enhance the possibilities of EXPONENTIALLY increasing trading profits from the already excellent low risk/high reward 10XROI and Trade Around Your Job systems offered in Thomas' other books. The really AMAZING thing about these strategies is that you can “pyramid your profits WITHOUT increasing your risk per trade. Who would NOT want to do THAT? Just simply PHENOMENAL.

Kenyan forex broker cries-regulate us!

Kenyan forex broker cries-regulate us!Kenyan forex broker cries Regulate us!

A Kenyan based online Forex broker has appealed to the Government authorities in Kenya to introduce regulations to govern their operations within the FX trading industry. Kenyan based broker called VIP Portal Incorporated (INC) owners say they are being harassed and extorted by police for operating “illegally” when there is no laws or regulations that guides their operations!

The owners are pleading, Let the Government assist us by introducing regulations that will guide how we operate. We should not be branded a pyramid scheme and accused of illegally operating an unregistered forex bureau when there is no law that guides us, the organization’s director Charles Njuguna said during a press briefing at a Nairobi hotel.

He goes on to say he believes a proper regulatory framework will enhance an e-forex industry and make Kenya a legitimate trading nation in the world. He also asked the government as part of potential regulation to facilitate the introduction of liquidity providers who will integrate with the online trading framework and provide direct market feeds.

Njuguna said their institution is an established ECN forex broker serving both individual and corporate clients and it has up to 8,000 clients. For instance, he claimed, some police officers had extorted their CEO 2 million Kenyan Shillings ( approx. $23,000 USD ) for allegedly operating illegally. Njuguna said the issue was reported to senior police officers.

He also said the institutions bank accounts have been frozen with more than 8 million Kenyan Shillings ( approx. $92,000 USD ) after they were branded a pyramid scheme, adding, Other banks have been advised against opening an account in our name, which is turning out to be a scheme to try and finish us. Earlier this summer, Njuguna said three members of staff at the institution were arrested and charged with operating a forex bureau illegally.

We reported back in June that Kenya was looking to clear and regulate its first futures exchange by September. Maybe, the financial regulators can also get their ducks in a row regarding the retail and online FX trading industry as popular as it has become. This would seem like the common sense thing to do as Kenya has the Capital Markets Authority (CMA) regulator in place to oversee FX activity. This would be best for local brokers and clientele to feel safe and protected within the law. For the record, the broker VIP Portal claims they are registered in St. Vincent Grenadines with LICENSE NO: 21787/ IBC/ 2013 .

Kenyan forex broker cries Regulate us!

A Kenyan based online Forex broker has appealed to the Government authorities in Kenya to introduce regulations to govern their operations within the FX trading industry. Kenyan based broker called VIP Portal Incorporated (INC) owners say they are being harassed and extorted by police for operating “illegally” when there is no laws or regulations that guides their operations!

The owners are pleading, Let the Government assist us by introducing regulations that will guide how we operate. We should not be branded a pyramid scheme and accused of illegally operating an unregistered forex bureau when there is no law that guides us, the organization’s director Charles Njuguna said during a press briefing at a Nairobi hotel.

He goes on to say he believes a proper regulatory framework will enhance an e-forex industry and make Kenya a legitimate trading nation in the world. He also asked the government as part of potential regulation to facilitate the introduction of liquidity providers who will integrate with the online trading framework and provide direct market feeds.

Njuguna said their institution is an established ECN forex broker serving both individual and corporate clients and it has up to 8,000 clients. For instance, he claimed, some police officers had extorted their CEO 2 million Kenyan Shillings ( approx. $23,000 USD ) for allegedly operating illegally. Njuguna said the issue was reported to senior police officers.

He also said the institutions bank accounts have been frozen with more than 8 million Kenyan Shillings ( approx. $92,000 USD ) after they were branded a pyramid scheme, adding, Other banks have been advised against opening an account in our name, which is turning out to be a scheme to try and finish us. Earlier this summer, Njuguna said three members of staff at the institution were arrested and charged with operating a forex bureau illegally.

We reported back in June that Kenya was looking to clear and regulate its first futures exchange by September. Maybe, the financial regulators can also get their ducks in a row regarding the retail and online FX trading industry as popular as it has become. This would seem like the common sense thing to do as Kenya has the Capital Markets Authority (CMA) regulator in place to oversee FX activity. This would be best for local brokers and clientele to feel safe and protected within the law. For the record, the broker VIP Portal claims they are registered in St. Vincent Grenadines with LICENSE NO: 21787/ IBC/ 2013 .