In STEP 1 traders will be introduced to several tailored techniques which primarily include understanding the overall Psychology or Sentiments of the Markets. This will enable traders to enhance their grasps of the Trend Directions whether it be in a Risks-On or Risks-Off market, allowing one to see the ‘Big Picture’. In Step 1, Traders will be able to make better decisions in choosing the type of instruments to trade for the day.
STEP 2 focuses on the Risks & aspects of Money Management where traders will be introduced to simple formulas that would guide them to make better decisions on lot and position sizing. Traders are often misguided or misinformed in the ‘Mathematics of Trading’ due to the lack of understanding of trading during different Market conditions described in Step 1.
In STEP 3, letter ‘I’ stands for either ‘Insights’ or ‘Insider’s information’. This part is mainly made up of the results of personal ‘Research’ done through non-biased channels specialising in Geopolitical intelligence and confidential bank reports.
STEP 4 consists of combining elements within Step 1 to Step 3 in order to spot ‘synchronicity’ or in the language of trading, it’s called ‘Convergence’. This part simply ensures the concluded market trend in Step 1.
Finally, execute the trade! Although Step-5 may be the final step, it does not mean a trader should just execute the order at this stage. This means that in the last step, it is crucial for a trader to have a clear and ascertained decision of whether to either take or not take the trade.
