5 Steps To Win With GTMO Forex Signals

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Copyright © 2023 by GTMO

All rights reserved. No part of this book may be reproduced or used in


any manner without written permission of the copyright owner except
for the use of quotations in a book review.

DISCLAIMER
The content in this guide is intended to be used and must be used
for informational purposes only. It is not intended as a substitute for
professional advice. Should you decide to act upon any information
in this guide, you do so at your own risk. It is very important to do
your own analysis before making any investment based on your own
personal circumstances.

You should take independent financial advice from a professional in


connection with, or independently research and verify, any information
that you find and wish to rely upon, whether for the purpose of making
an investment decision or otherwise.

Past performance is not a guarantee of future results. We take no


responsibility for your investing decisions. By reading this guide,
you accept the above terms and conditions. As always, do your own
research before investing in forex.

5 Steps to Win With GTMO Forex Signals


Table of Contents

1
INTRODUCTION

GTMO MUST-KNOWS
• HOW TO MAKE THE MOST OF THIS BOOK
• IMPORTANT TRADING CONCEPTS

2
• IMARKET ENTITIES
• TYPES OF TRADERS
• RISK MITIGATION

GTMO WIN PERCENTAGE & HACKS


• GTMO WIN PERCENTAGE
• HACK 1: DAILY PROFIT
• HACK 2: BEST GOLD BROKER

3
• HACK 3: OTHER PEOPLE’S MONEY (OPM): PROP
FIRM
• HACK 4: TRADE COPIER

STEPS TO WIN WITH GTMO FOREX SIGNALS


• RULES TO THE GAME
• STEP 1: TRADE PROFILE
• STEP 2: ENTRY−THE SIGNAL
• STEP 3: EXIT TP−HOLD EM
• STEP 4: EXIT SL−FOLD EM
• STEP: 5 MANAGE EMOTIONS & REPEAT

SUMMARY

5 Steps to Win With GTMO Forex Signals


5 Steps to Win With GTMO Forex Signals

Hey Mate! I’ve been


studying and executing
forex trading for years to
be able to gain success
and help others succeed!
Let’s take your trading
journey to the next level.
- Gold Trader Mo (GTMO)

5 Steps to Win With GTMO Forex Signals


INTRODUCTION

M
o is a seasoned Day Trader in the
forex world with over seven years
of expertise under his belt. With an
unwavering passion for empowering
others to achieve financial success, he has
helped thousands of individuals master the art
of trading and generate substantial profits.

As the founder and CEO of his own trading


education platform, Mo has revolutionized
how people approach forex trading. Through
his comprehensive mentorship programs and
personalized guidance, he has transformed
novices into skilled traders, equipping them with
the tools they need to navigate the markets with
confidence.

A true advocate for financial literacy, Mo has


authored an empowering eBook designed to
unravel the complexities of forex trading and
provide actionable strategies for readers to
maximize their potential in the trading world.
Always ready to share his expertise with the
world, Mo takes pride in his ability to positively
impact the lives of those he encounters.
His influence extends beyond borders, with
an international following inspired by his
transformative teachings and trading prowess.

With a mission to empower individuals to take


control of their financial destinies, Mo’s name
has become synonymous with success in the
forex trading realm. As you embark on this
transformative journey with him through his
eBook and all of his products and services,
prepare to unlock the secrets of trading and
embark on a path toward financial independence
like never before. Welcome to the world of forex
trading with Mo − where possibilities become
profits! -Gold Trader Mo (GTMO)

5 Steps to Win With GTMO Forex Signals


GTMO MUST-KNOWS

EVERY
SUCCESSFUL
FOREX
TRADER HAS
A STRATEGIC
TRADING
PLAN.
5 Steps to Win With GTMO Forex Signals
HOW TO MAKE THE MOST OF THIS BOOK
Here are a few helpful tips to ensure you’re getting the most out of
this book as you complete the reading.

Be patient, be consistent, and show up every single day.

• Take it slow. Remember, you don’t need to rush this. If you get
through this book in a week, you’ve probably done it wrong.
• Study, then apply. Active learning is so different from real
learning. As you go through this book, not only do you need to
do the readings and assignments, but you should be actively
looking at the markets. Take in the information and try to apply
the lessons you learn in this book. In the real world, you will get
instant feedback, and this will solidify the lessons in your mind.
• Prepare yourself for lessons learned with low risk. Nothing
that’s worth having in life comes easy. This eBook is created to
exponentiate your success as a trader using the GTMO PROFIT
FORMULA
• Do not give up. Every successful trader is just an unsuccessful
trader who never gave up. Keep practicing, and you will eventually
get that.
• Do not do this alone. Just find one person. Both of you, together
on your journey to financial freedom, will make the learning process
that much easier and enjoyable.
• Focus on the 5 Steps to Win With GTMO Forex Signals in
chapter “”. Execute each of the action items following each
chapter.
• Answer every question in the “Forex Profit Strategy”. Once
you have completed the five steps, you will have a full execution
strategy. Answering these questions in detail will give you the edge
to be profitable.

EXECUTE EVERY EXERCISE IN THIS eBook!


5 Steps to Win With GTMO Forex Signals
IMPORTANT TRADING CONCEPTS

N
ow, through my own personal experience and the experience
of all the extremely successful traders that I’ve spoken to, I’ve
taken four key concepts most people miss but are extremely
important to successful trading. These are misconceptions.
Most people don’t think that they are very important or look at them
the wrong way. Let’s review what these four misconceptions are.

Risk control:

I’ve deliberately used the word “risk control” and not risk management.

When people think about risk management, they normally just think
of using a stop loss or risking as little as possible. But this isn’t how
the most successful traders I’ve spoken to operate.

Some traders minimize risk and focus on small marginal gains. But
other traders wait for the perfect moment, like a sniper, to risk a huge
amount of capital for an extremely high probability of high-reward play.

Both require high amounts of self-awareness and control, which you


will be taught aspects of in this book.

Being right is NOT the same as making money:

Unfortunately, social media has muddied the water. Everyone is


out there trying to look like an Oracle and thinks they can predict
absolutely everything with that magic secret strategy.

In reality, the best traders can be right anywhere from 30% of the
time to 70% of the time. It is impossible to be right 100% of the time,
and the whole art of trading is working within that 30 to 70% to make
money, not look like an Oracle for social media.

5 Steps to Win With GTMO Forex Signals


IMPORTANT TRADING CONCEPTS Cntd...
Trading is simple:

Many gurus are out there trying to make you believe that you need
some sort of special indicator or extremely niche knowledge that only
they can give you in order to trade successfully.

In fact, it’s extremely easy to form a profitable trading strategy.

I’m not saying trading is easy. It’s actually extremely difficult to have
great risk management and consistently strong psychology in order
to execute those trading strategies.

But if you follow the lessons taught in this eBook, your trading will
only improve.

Outliers are usually right:

An outlier is someone who goes against the crowd and anomalies


within the data. Time and time again, I found that the majority of people
don’t agree with using my best trading strategies, which I have used
to get my best trades.

Making money in the market is about having an edge. And if everyone


agrees with you, that probably isn’t that much of an edge.

As you master the fundamentals and techniques required for strong


trading hypotheses, have the strength to stick to your convictions and
go against the masses.

5 Steps to Win With GTMO Forex Signals


MARKET ENTITIES

T
here are numerous different types of players in the markets.
Below, you will see a sample of all of those who trade the
forex markets and are accounted for in the trillions of dollars
of daily trade.

• Retail Investor/Traders (small investors): You, alongside


everyone else investing or trading that does not have millions or
billions to invest, fall under the category of “retail trader.”
• Whales (Big players): Whale is a common term used in the crypto
space to describe an individual holding a very large amount of
cryptocurrency beyond what the average person could ever own.
Whales are the big players in the market.
• Hedge Funds & Financial Institutions (FI): A clear example of
FI is the Wall St. Institution, which launched the CME Futures in
December 2017 and crashed the price of BTC from all-time highs
to lows of almost $3,000 in 2018. They launched the CME at
the very peak of Bitcoin, where unfortunately, lots of retailers got
burned shorting it.
• Banks/Governments: Even if there is no official platform for
the cryptocurrency market with the banks, it’s more and more
becoming evident that banks and governments are not only running
test payments on cryptocurrencies, but they’re also at the point
of partnering and adopting crypto for payment purposes. These
cryptocurrencies are being used mostly for cross-border payments,
which is a global sector worth trillions of Dollars daily.
• Manipulation of financial markets has been taking place for as long
as each of the entities above has been in existence. Forex markets
are no exception; Hedge Funds, Banks, and Whales manipulate
the markets to flush out smaller investors. Your job in the markets
is to be profitable using manipulation to your advantage and/or
mitigate losses due to manipulation. In the end, you want to have
an edge that produces profit beyond your losses.

5 Steps to Win With GTMO Forex Signals


TYPES OF TRADERS
Generally in the trading world, there are two types of traders:

1. 1. Fundamental analysis trader


2. 2. Technical analysis trader

Fundamental Analysis (FA) Trader

A fundamental analysis trader (FA) is a trader who makes a market


prediction using high-impact news that covers the economic,
geopolitical or currency policies of a given country.

FA will analyze the data of a given country and judge based on what
impact the currency, no matter how small or big.

Technical Analysis (TA) Trader

A technical analysis trader (TA) is a trader who predicts the market


using chart analysis, like taking price action in the area or using specific
indicators like Supply & Demand (S&D), Support & Resistance (S&R),
Trendline (TL), Moving Average (EMA), Relative Strength Index (RSI)
and many more.

TA will only analyze a chart based on price action, pattern candlestick


(CS) or with the help of indicators available on trading view or
MetaTrader.

In the grouping of Technical Analysis Traders (TA), there are three


types of traders with different targets and market approach:

⁃ Scalper trader

⁃ Intraday trader

⁃ Swing trader

5 Steps to Win With GTMO Forex Signals


TYPES OF TRADERS Cntd...
Scalper/Scalping

In general, Scalpers always take small profits in short periods and


smaller pips if compared to other traders. Scalpers usually take profit
in less than 2 hours with a pips count of around 15-30 pips.

Intraday Trader

Intraday traders will leave their position running less than 24 hours a
day before they close or realize their profits. Total targeted pips usually
roam around 50-100 pips.

Swing Trader

Swing traders are rare traders and more experienced, as swinging


one position is not an easy feat for new traders.

In executing a swing position, a trader must have a high level of


patience to wait for the best setup to enter. They usually hold their
positions for days, weeks, months, and sometimes a year. The total
pips targeted is usually above 100 pips.

So check on yourself and ask: “Which trader am I?”

I’m normally a Scalper (80%) and sometimes a Swing Trader (20%).


My strategy is built around the concept of scalping, which can be
pushed into swing trading if a trade is taking longer than anticipated to
hit TP. In simple terms, I am a Scalper who uses Technical Analysis
to analyze the market.

“Which trader are you?”

You must also decide what type of trader you want to be. If you’re
following me and using the five-step strategy in this eBook, then
you’re a Scalper leveraging Technical Analysis as well.

5 Steps to Win With GTMO Forex Signals


RISK MITIGATION

I
f you avoid large losses with strong defense, the winnings will
have every opportunity to take care of themselves. Large losses
are almost always caused by trying to make too much by taking
on too much risk. (Read that again SLOWLY!!!)

Risk Mitigation is the most important topic among all Forex


trading topics. I strongly believe that you could be taught absolutely
everything about making profit in the forex market but still inevitably
fail if the principles of Risk Mitigation are ignored. You could be the
best profit trader in the world but eventually lose everything without
proper Risk Mitigation. Notice that I had mentioned Risk Mitigation
four times.

Many amateur traders have a fantasy belief that every trade and every
day has to be profitable to be a successful trader. However, the most
successful traders take losses. The losses are controlled, small, and in
smaller frequency than the wins. In other words, a successful trader’s
wins are larger and more often than losses. It’s okay to lose, but it
should be controlled within your strategy.Let’s take a deeper dive…

Here are the things you will need to account for:

Position Sizing & Leverage

Have you ever seen traders make a seemingly large fortune from
an overall very small movement in the market and think: how is this
possible? That would be because of leverage.

Technically speaking, it’s a “loan” given to the trader who is seeking


amplified risk on their trades by the issuing broker or exchange. It
allows the trader to open positions much larger than their actual
account balance on the brokerage platform or exchange. This is why
it’s sometimes easier to refer to as a loan because, technically, it is.

5 Steps to Win With GTMO Forex Signals


RISK MITIGATION Cntd...
The amount of leverage a broker or exchange offers varies depending
on country and location. In some cases, the maximum leverage
allowed is 2X the account balance; in several cases, this can exceed
1000X the initial account balance. Most use 1:500

Position Sizing and Risk Amount

The size of a position and the amount of risk it entails are not the
same. This is critical to comprehend; otherwise, nothing else will make
any sense. If my capital is $1,000 and I’m risking 1% per trade, my
losses will be limited to $10 ($1000 x 0.01 = $10) if my Stop Loss is
activated. In other words, if my Stop Loss is triggered, I will lose $10.
This does not imply that the size of my position is $10.

Why traders must focus on position sizing

For both day traders and long-term investors, position sizing is a


crucial subject to grasp.

“Cut your losses short and let your winners ride” is a beautiful
forex mantra. However, many traders make a critical error by doing
the exact opposite approach.

Such traders decide to hold failing trades and turn them into an odd
“investment,” or they have an “it will come back” attitude. They’ll
also take profit too soon, which results in missing out on “potentially”
greater gains. Learning how to lose in forex is equally — if not more—
important than learning to make a profit. Both sides of the coin must be
baked into your strategy. Hence, the “5 Steps to Winning with GTMO
Forex Signals” dives into both sides of the coin.

5 Steps to Win With GTMO Forex Signals


RISK MITIGATION Cntd...
The Worst Mindset to Have After a Losing Trade

The most successful traders have experienced these four sentiments


after losing a trade. Read each of the mindsets below and ask yourself
if you have ever felt this way.

“I’ll make it all back in one trade.”

You can do everything right and execute flawlessly in accordance


with a proven profitable trading technique and still get stopped out.
That’s how trading works. Make no ridiculous justifications or attempt
to reassign blame. If you followed your strategy and made a trade
that didn’t work, don’t blame yourself for sticking to your plan. If your
statistics are correct, repeating that behavior will profit you in the long
run. Stick to your plan; a good setup won’t win 100% of the time.

“My winning strategy doesn’t work anymore! I quit!”

Reduce your risk per trade if you’re not in the correct mental state
after a losing position and can’t cope with losses mentally. A few lost
trades should not deter you from pursuing trade setups with a high
probability of success.

Trade Chaser: “The trade must be going the other way. I’ll just buy/
sell in the opposite direction.”

It’s natural to think that if one is stopped out of a long (buy) position,
the price is more bearish (moving down) than expected and that if
one is stopped out of a short (sell) position, the price is more bullish
(moving up) than expected. This is not how it works; it simply means
the trade execution wasn’t correct. It doesn’t mean that you are wrong
about the overall direction.

“I’ll take another trade immediately, or I’ll double down.”

5 Steps to Win With GTMO Forex Signals


RISK MITIGATION Cntd...
One of your most emotional and irrational moments as a trader is
when you lose a trade and see some of your equity disappear. A losing
trade is no reason to abandon your risk strategy and add more lots
because you believe the market owes you a winner. The Gambler’s
Fallacy is a mindset that makes it very easy to blow up your trading
account. This is trading, not gambling.

Success Recap

Every successful trader has experienced most (if not all) of the
mindsets listed above. I’m sure you have and well. The truth is, I
have experienced all of those earlier in my trading career.

Risk Mitigation is your friend, and it is not as pretty as making profit,


but is just as (if not more) important as focusing on making profit.

Because you are serious about making profit in forex, I want you to
complete the next exercise. MOVE FORWARD ONLY WHEN YOU
HAVE EXECUTED THE EXERCISE. IF YOU HAVE DONE THIS
EXERCISE OR A SIMILAR RISK MITIGATION EXERCISE… DO IT
AGAIN NOW.

5 Steps to Win With GTMO Forex Signals


RISK MITIGATION Cntd...

M
indset: Risk mitigation is as important to Forex trading
as making profit. There is a tender balance between
wins and losses that yields a profitable outcome. Losses
will occur, and we should embrace and control them.

The best traders in the world have strong risk mitigation skills. These
risk mitigation mantras have helped me create a winning mindset
while trading. Read them aloud and embrace the wisdom. Dive in!
It’s Your Turn!

• Preserve Capital: “Protecting my capital is my top priority. I will


only risk a small portion of my account on each trade.”
• Diversify Trades: “I will not put all my eggs in one basket. I’ll
diversify my trades across different currency pairs and instruments.”
• Use Stop-Loss Orders: “Every trade has a predetermined exit
point. I’ll use stop-loss orders to limit potential losses.”
• Set Realistic Expectations: “I will not expect every trade to be a
winner. I’ll focus on consistent profitability over time.”
• Avoid Over Layering: “I’ll keep my layering at a reasonable level
to prevent excessive losses and margin calls.”
• Stick to My Trading Plan: “I’ll follow my well-defined trading plan,
including entry, exit, and risk management rules.”
• Manage Emotions: “Emotions won’t dictate my trading decisions.
I’ll stay calm and rational even during volatile times.”
• Avoid Revenge Trading: “I’ll never trade out of revenge after a
losing trade. I’ll wait for suitable setups.”
• Keep Learning: “Continuous learning is essential. I’ll stay updated
with market trends and enhance my trading skills.”
• Practice Patience: “I’ll wait for high-probability setups before
entering a trade. Impulsive trading leads to losses.”

5 Steps to Win With GTMO Forex Signals


RISK MITIGATION Cntd...
• Trade Size Matters: “I’ll adjust my trade size based on my account
balance. Small trades for lower risk, larger trades for higher
confidence.”
• Risk-Reward Ratio: “I’ll only take trades that offer a favorable
risk-reward ratio. The potential reward should outweigh the risk.”
• Understand News Impact: “I’ll be aware of economic news
releases and their potential impact on the market. I may avoid
trading during high-impact events.”
• Test Before Scaling: “I won’t scale up my trading size until I’ve
successfully tested a strategy over a sufficient period.”
• Avoid Chasing Losses: “I won’t try to recover losses by increasing
my risk. A well-planned approach is key.”
• Practice Position Sizing: “I’ll determine my position size based
on my risk tolerance and stop-loss level.”
• Stay Informed: “I’ll be informed about changes in market
conditions, central bank policies, and geopolitical events.”
• Adapt to Market Conditions: “I’ll be flexible and adapt my trading
strategies to different market conditions.”
• Review and Analyze: “I’ll regularly review my trades, analyze both
winners and losers to learn from my mistakes.”
• Risk Only What I Can Afford to Lose: “I’ll only risk money that
I’m comfortable losing without affecting my financial stability.”

Remember, risk management is fundamental to long-term success in


forex trading. These mantras should serve as guiding principles to help
you navigate the market with discipline and minimize potential losses.

5 Steps to Win With GTMO Forex Signals


GTMO WIN
PERCENTAGE & HACKS

MASTER
LOSING SMALL
& WINNING BIG
CONSISTENTLY.

5 Steps to Win With GTMO Forex Signals


GTMO WIN PERCENTAGE

T
raders dream of having a high win percentage. Let’s break
down some trading statistics along with GTMO’s win
percentage to help you see a clear picture of how GTMO is
successful. Furthermore, let’s leverage GTMO’s success for
your success.

Winning 5 out of 10 trades is a 50% win rate. Winning 30 out of 100 is


a 30% win rate. Most professional traders have a win rate near 50% or
less. They are profitable because they make more on winning trades
than they lose on losing trades.

However, most successful forex traders have a win rate of around


50-60%, which means that they win about half of their trades and lose
the other half. Successful forex trading requires not only a high win
rate but also good risk management, discipline, and patience, which
result in larger wins than losses.

GTMO’s overall win percentage is approximately 85%! Traditionally,


that means the majority of GTMO trades are winning trades. However,
managing the trade once you’re in the trade is the science behind the
“5 steps”.

To bring home a more tangible example of GTMO’s trading, let’s review


some statistics from the month of August 2023. During the month
of August, GTMO sent approximately 50 signals on the GTMO VIP
Telegram Channel. Only two of those trades hit Stop Loss! Incredible
right? That yields a 96% winning trade rate.

These types of winning forex signals are atypical for most but normal
for GTMO, and therefore, they can be normal for you as well.

Execute Now!!! Winners Take Action Immediately!


1. Join the GTMO Telegram Channel for FREE signals.
2. Join the GTMO VIP Telegram for even more signals from GTMO.

5 Steps to Win With GTMO Forex Signals


HACK 1: DAILY PROFIT

I
t’s impressive seeing GTMOs
making 10k+ EUR profit daily.
The high win rate and the ability
to secure profit from your home is
a dream that can clearly become
reality.

However, we have to be honest


about the journey it takes to reach
these numbers. You must at least
have the following:

1. Materials (Computer, phone, and


trading software such as MT4)
2. Winning Forex Signals (GTMO
Telegram Channel)
3. Trade Strategy (5 Steps to Win
With GTMO Forex Signals)
4. Capital

Among the four items listed above,


it’s fair to say that you have 1−3
already. That leaves “Capital” as
your next component to build wealth
from forex. When we see GTMO’s money being made, we must know
that he is trading with live cash accounts with 100k EUR + on a daily
basis. If you have $1000 in a live cash account, it’s not logical to think
you will also make 10k a day as well. It seems like a bit of a downer,
but it should still make your heart smile because of our good friend
“compound interest.”

5 Steps to Win With GTMO Forex Signals


HACK 1: DAILY PROFIT CNTD...
Which option would you choose?

• Option 1: 10k today


• Option 2: One penny that doubles every day for 30 days

If you want 10k now, you can certainly take it because you will have
money upfront. If you choose a penny that doubles every day for 30
days, then these are your results.

The scenario of a penny doubling every day for 30 days is often used
as a classic example to illustrate the power of exponential growth.
Here’s what happens when you double a penny every day for 30 days:

Day 1: 1 cent
Day 2: 2 cents
Day 3: 4 cents
Day 4: 8 cents
Day 5: 16 cents
Day 6: 32 cents
Day 7: 64 cents
Day 8: $1.28 (or 128 cents)
Day 9: $2.56 (or 256 cents)
Day 10: $5.12 (or 512 cents)
Day 11: $10.24 (or 1,024 cents)
Day 12: $20.48 (or 2,048 cents)
Day 13: $40.96 (or 4,096 cents)
Day 14: $81.92 (or 8,192 cents)
Day 15: $163.84 (or 16,384 cents)
Day 16: $327.68 (or 32,768 cents)
Day 17: $655.36 (or 65,536 cents)
Day 18: $1,310.72 (or 131,072 cents)

5 Steps to Win With GTMO Forex Signals


HACK 1: DAILY PROFIT CNTD...
Day 19: $2,621.44 (or 262,144 cents)
Day 20: $5,242.88 (or 524,288 cents)
Day 21: $10,485.76 (or 1,048,576 cents)
Day 22: $20,971.52 (or 2,097,152 cents)
Day 23: $41,943.04 (or 4,194,304 cents)
Day 24: $83,886.08 (or 8,388,608 cents)
Day 25: $167,772.16 (or 16,777,216 cents)
Day 26: $335,544.32 (or 33,554,432 cents)
Day 27: $671,088.64 (or 67,108,864 cents)
Day 28: $1,342,177.28 (or 134,217,728 cents)
Day 29: $2,684,354.56 (or 268,435,456 cents)
Day 30: $5,368,709.12 (or 536,870,912 cents)

Sheesh! By the end of 30 days, the penny had doubled, resulting in


a total of $5,368,709.12. This demonstrates the incredible power of
exponential growth, where even a small initial amount can grow into
a substantial sum over time when it keeps doubling.

This simply displays that your initial funds, regardless of how large or
small, can become a very nice sum of money over time.

To double your money every day, according to the penny scenario, is


to have the ability to make 100% in the market every day for 30 days.
That is an aggressive approach for any trader. GTMO’s successful
students make between the range of 1% to 50% a day, depending on
the market. Let’s be a bit more modest and reasonable and assume
you can make 5% every day for 30 days. This is a really profitable
approach, but it can be done.

Let’s also assume that you start with $1000 in your live trading account.

5 Steps to Win With GTMO Forex Signals


HACK 1: DAILY PROFIT CNTD...

Total cash overtime is growing at 5% per trading day.

• 1st Month: $3,386.35


• 2nd Month: $8,985.01
• 3rd Month: $23,839.90

As you can see, you do not have to have a large amount of capital to
make good money over time. You need consistency!

Execute Now!!! Winners Take Action Immediately!


I highly recommend playing around with the amount of money that you
put in the market and your daily target percentage growth. Aim for the
stars to see the larger numbers, but be modest and know that money
grows over time. Click HERE to use the daily compounding calculator.
https://www.thecalculatorsite.com/finance/calculators/daily-compound-in-
terest.php

5 Steps to Win With GTMO Forex Signals


HACK 2: BEST GOLD BROKER

W
hen searching for the best Gold (XAUUSD) broker in
the forex market, there are several factors to consider
to ensure you choose a reliable and suitable broker for
your trading needs. Here’s a step-by-step guide to help
you find the best XAUUSD broker:

Regulation and Licensing: Choose a broker that is regulated by


reputable financial authorities. Regulatory oversight helps ensure that
the broker follows ethical practices and maintains transparency. Look
for regulatory bodies such as the U.S. Commodity Futures Trading
Commission (CFTC), the Australian Securities and Investments
Commission (ASIC), the Financial Conduct Authority (FCA) in the
UK, and others depending on your jurisdiction.

Reputation and Reviews: Research the broker’s reputation by


reading reviews and feedback from other traders. Look for unbiased
reviews on websites, forums, and social media. Avoid brokers with
consistently negative reviews or reports of unethical behavior.

Trading Platforms and Tools: Ensure that the broker offers a user-
friendly and reliable trading platform, such as MetaTrader 4 (MT4)
or MetaTrader 5 (MT5). These platforms provide advanced charting
tools, technical indicators, and order execution capabilities.

Account Types and Spreads: Check the types of trading accounts


the broker offers and compare their spreads and commissions.
Some brokers offer different account types with varying spreads and
minimum deposit requirements. Choose an account that aligns with
your trading style and budget.

Leverage and Margin Requirements: Review the leverage


options provided by the broker. While leverage can amplify profits,
it also increases the risk of losses. Ensure that the broker’s margin
requirements are reasonable and suitable for your risk tolerance.

5 Steps to Win With GTMO Forex Signals


HACK 2: BEST GOLD BROKER CNTD...
Customer Support: Test the broker ’s customer support
responsiveness by reaching out with questions or concerns. Prompt
and helpful customer support can be crucial, especially during market
volatility.

Deposit and Withdrawal Options: Check the broker’s deposit and


withdrawal methods to ensure they are convenient and secure. Look
for brokers that offer a variety of options, including bank transfers,
credit/debit cards, and electronic payment systems.

Education and Research Materials: Consider brokers that provide


educational resources, market analysis, and research materials to
help you make informed trading decisions.

Regulation of Funds: Ensure that the broker separates the client


funds from their operational funds. This helps protect your funds in
case the broker faces financial difficulties.

Demo Accounts: Test the broker’s services with a demo account


before opening a live trading account. This allows you to practice
trading strategies and assess the broker’s platform and features
without risking real money.

Transparency: Look for a broker that is transparent about its fees,


trading conditions, and policies. Avoid brokers that have hidden fees
or terms.

Trading Instruments and Availability: Check if the broker offers a


wide range of trading instruments and if they are available 24/5. A
broker that offers XAUUSD trading and other assets can provide more
opportunities for diversification.

5 Steps to Win With GTMO Forex Signals


HACK 2: BEST GOLD BROKER CNTD...
Mo Advice for Gold Traders

With my experience of trading gold, I have traded with only the best
brokers that fit the criteria that I respect. Vantage has some of the best
gold spreads, and I place my trades through this broker. If you are in
the US, you cannot use Vantage because it is not a US-based trading
platform. For US traders, I suggest using Hugo’s Way for trading gold.

Execute Now!!! Winners Take Action Immediately!


As an added Bonus, if you trade with either of my suggested brokers,
you can get access to my VIP Signals. That means you will receive
more signals and more direction than my typical Gold Trader Mo
telegram channel. Click below to get started with brokers that I respect.

Gold Traders, Click HERE

https://t.me/setupvantagemo

US ONLY Gold Traders, Click HERE

https://t.me/setuphugoswaymo

5 Steps to Win With GTMO Forex Signals


HACK 3: OTHER PEOPLE’S MONEY (OPM):
PROP FIRM

T
rading your own money before having a clear trading strategy
is not advised. Trading with a demo account is the best
course of action. More specifically, you can trade with a Prop
Firm demo account that will track your trades while prepping
you to trade using OPM.
Here are a few PERKS of using a prop firm

1. Use a demo account


2. Leverage the automatic metrics gathered on the backend, such
as win rate, risk reward ratio, and tracking daily trades.
3. Low Risk: You pay a small fee to start a challenge to trade OPM.
If you lose, you have leverage beyond your investment.
4. They keep you within a daily drawdown limit of 5% of your account
(The account size can be $25k-$200k account)
5. You get paid 80% of what you make once you pass two challenges

Here are a few CONS using a prop firm

• You get paid after you pass two challenges. This can take months.
• Your money does not compound over time.
• You get paid every two weeks instead of having the ability to
withdraw instantly from traditional live trading.

Special Note

Although you may be trading a $200k prop firm account, the true size
of your account is only 5% ($10k) of the account size. You should trade
this account as if it’s a $10k account and not a $200k account size.

Execute Now!!! Winners Take Action Immediately!


5 Steps to Win With GTMO Forex Signals
HACK 3: OTHER PEOPLE’S MONEY CNTD..
I have no affiliation with any specific prop firm platform. If you choose
to work with a prop firm, you can do so at your own risk. In light of
providing you with important trading information, I do recognize one of
the leading prop firms called www.FTMO.com. If you use one, I would
suggest doing your research. FTMO happens to be one of the prop
firm industry’s leading platforms with really good backend metrics. If
nothing else, get a demo account here to execute your demo training.

Personally, I use a live trading account daily. Nevertheless, I want


to provide you with the best options for your trading growth.

5 Steps to Win With GTMO Forex Signals


HACK 4: TRADE COPIER

Y
ou have been provided with the suggestions to trade with a
live account on Vantage (or Hugosway if you are in the US)
or a prop firm account. Some of you have already asked
yourself, “Hmmm, I would like to trade with both accounts
at the same time to have another layer of risk mitigation.” This is a
sophisticated way to diversify your trading portfolio.

You can trade multiple accounts from one trading account using www.
socialtradertools.com .

Use this information at your own risk. I am not affiliated with a trade
copying platform. Do your own research to see which trade copy
platform works the best for you. This hack is used by a number of my
GTMO Elite Team members.

5 Steps to Win With GTMO Forex Signals


5 STEPS TO WIN WITH
GTMO FOREX SIGNALS

DISCIPLINE IS
A TRADER’S
BEST FRIEND.

5 Steps to Win With GTMO Forex Signals


RULES TO THE GAME

W
hen taking signals from GTMO, you will need to know
the commands to follow along the signal management
process. As we know, during the month of August, there
were approximately 50 signals sent by GTMO, and only
two hit SL. That’s a stellar win rate! With proper signal management,
this can result in a great profit, or it can even result in zero profit if the
2 SLs are managed poorly. Let’s dive into the commands to follow
GTMO with winning signals.

Commands from GTMO’s signals:

1. Take Profit (TP): To take profit is to secure profit from trades that
are rolling in profit. With GTMO signals, TP1 is 20 pips away from
the initial entry. TP2 and TP3 are both 20 pips apart as well in the
profit direction from your initial entry. GTMO’s typical signal has
TP1, TP2, and TP3, which are 20, 40, and 60 pips away from the
first entry respectively.
2. Take Profit Open (TP OPEN): If TP Open is placed in a signal, it
means that GTMO’s analysis predicts that the trade will result in
profit rolling beyond 60 pips from the initial entry.
3. Stop Loss (SL): A Stop Loss is the point where the trade is no
longer probable to turn in the direction of profit. GTMO places
SL typically 50 pips away from the initial entry. At SL, the trade
probability of turning into profit has diminished. Cut loss at SL to
take the smallest possible loss for the trade before it gets out of
hand, resulting in a big loss. Be sure to respect SL and do not
continually layer.
4. Draw Down (DD): Draw Down is when you have a negative
balance amount for your trades that have not become profitable
at any given moment.

5. Break Even (BE): When your negative or positive trade balance


becomes zero.

5 Steps to Win With GTMO Forex Signals


RULES TO THE GAME CNTD...
6. Break Even Plus (BE+): A trade balance above zero. GTMO
typically tells you to close at BE+ to make sure your trade does
not go back to zero while holding to reach a higher TP.
7. Take Half to Break Even Plus (TH to BE+): When your trades
are rolling in profit, GTMO will say TH to BE+, which means to
secure half of your profit and hold the rest of your trades through
pullbacks as long as it does not hit close to a zero trade balance.
Your goal here is to continue in the trade to reach your next TP.
8. Take First Entries: Your first entries are your trades that are in
the worst position. They will have the lowest balance among your
trades that are rolling. These trades may be in profit or maybe
negative when announced; you will want to take your first entries
to reduce the risk of your worst trades getting worse. You are risk-
mitigating to have fewer lots rolling.
9. Hold Your Best: This occurs when you have secured half of your
profit but still have trades rolling in profit. You want to secure
starting from the smallest profitable trades. Your best trades will
be the largest trades among your layering. You are holding them
to TP or BE+.
10. Secure All if Satisfied: If you like the amount of profit that is rolling
and you want to secure profit, do so while you are in a profitable
position.
11. Zero Risk Trade: Once your trade is in profit, your goal is to secure
some profit and set the rest to BE+. This is now considered a Risk
Free Trade. You will only make money, and you will close your
trades before the price rolls negative.

Now that we have defined the commands from GTMO’s Forex Signals.
Let’s move to Step 1 of the “5 Steps to Win With GTMO’s Forex
Signals.”

5 Steps to Win With GTMO Forex Signals


5 Steps to Win With GTMO Forex Signals

EVERY
SUCCESSFUL
TRADER HAS
A TRADE
PROFILE THAT
PROVIDES
CLARITY FOR
EACH TRADE.
5 Steps to Win With GTMO Forex Signals
STEP 1: TRADE PROFILE

B
efore placing a trade mindlessly, you want to put yourself in
the best position to become profitable while simultaneously
leveraging risk mitigation. This is achieved by having a Trade
Profile that will lead you through your trading strategy.
Trade Profile
1. Trading Type
2. Pair
3. Trading Session
4. Account Balancel
5. Max Lot
6. Strategy
7. Entries
Let’s dissect each segment of the Trade Profile and complete yours
to trade with clarity.
Trade Profile Defined
1. Trading Type: Because you are trading using GTMO signals, you
are using the same trade type as GTMO, which is “Scalping.”
Recall we have discussed this in a previous session. We trade to
take profit within 2 hours.
2. Pair: GTMO signals are predominantly Gold/XAUUSD. From time
to time, GTMO places trades for EURUSD and GBPUSD. We will
focus on Gold for the purpose of this exercise.
3. Trading Session: GTMO signals are placed during London and
New York trading sessions. It’s important to know your time period
for trading that flatters the signals you create or use from GTMO.
4. Account Balance: Determine how much capital you will be
trading. Your Max lots and layering strategy are dependent upon
the amount of capital you are using in the market. If you are using
a prop firm, recall you are using 5% of the amount of the account
size as your account balance. (For example, if you have a $200k
proform account, your account balayage is equal to the daily draw-
down amount. Hence, $200,000 X 5% = $10,000)
5 Steps to Win With GTMO Forex Signals
STEP 1: TRADE PROFILE CNTD...
5. Max Lot: Your max lot will help you layer the signal to maximize
profit and minimize loss. You can calculate
Here’s a simple formula to calculate lot size based on your risk:
• Max Lot = (Account Balance x Risk Percentage) X (.02)
• Account Balance: Your total trading account balance.
• Risk Percentage: The percentage of your account balance
you’re willing to risk. On average, people risk 1%-2% per trade.
Use whatever percent fits your risk profile. GTMO uses 4%-
5% per trade set. This is different from a single trade; it is a
series of trades used to effectively layer instead of placing a
single trade.

6. Strategy: GTMO’s strategy is “Effective Layering.” We will discuss


this further in the next section.

7. Entries: The number of entries that will be placed breaking down


the Max Lot that will be used leveraging the Effective Layering
strategy.

Execute Now!!! Winners Take Action Immediately!


Now that we have clearly broken down what is needed to create
your Trade Profile. Let’s fill in the profile to provide the next steps
for clarity.

TRADE PROFILE

TRADING TYPE: Scalper


PAIR: Gold
SESSION: London/New York
BALANCE: (insert account balance)
MAX LOT: (Account Balance x Risk%) X (.02)
STRATEGY: Effective Layering
ENTRIES: (We will discuss this in step 2)

5 Steps to Win With GTMO Forex Signals


5 Steps to Win With GTMO Forex Signals

EVERY
WINNING
SIGNAL STILL
NEEDS TO BE
MANAGED
TO SECURE
PROFIT.
5 Steps to Win With GTMO Forex Signals
STEP 2: ENTRY−THE SIGNAL

U
pon receiving a GTMO signal, we will use Effective
Layering using our Max Lot across a set number of Entries
that makes us the most comfortable. All of these inputs can
be found in our trade profile. Let’s start by reviewing the
following:

1. Dissect an example GTMO Signal


2. Defining the Effective Layering Strategy
3. Create an example Trade Profile to enter the GTMO Signal

Example 1 GTMO Signal

Sell Now 2021.50 − 2024.50

SL: 2026.50
TP1: 2019.50
TP2: 2017.50
TP3: 2015.50

Definite each element of the example GTMO Signal:

1. Sell Now 2021.50 - 2024.50: This tells us how and where to start
and stop selling using our Max Lot and Entries. Start with smaller
lots and increase the lot size within the maximum lot limit inside
the 30 pip range “2021.50 − 2024.50” (The distance of 3 units =
30 pips)
2. SL: 2026.50: This represents the “Stop Loss,” where we will cut
loss if Gold reaches this price.
3. TP1: 2019.50: This represents the first “Take Profit,” where we will
secure some profit or hold to the next TP2 or TP3.

5 Steps to Win With GTMO Forex Signals


STEP 2: ENTRY−THE SIGNAL CNTD...
Effective Layering Defined

Effective Layering entails using your Max Lot and distributing it across
30 pips. The 30 pips is the standard distance from the initial entry on
the signal for the expected reversal. Once you input lots, you want to
start with a smaller lot and slowly increase the lot size as you place
trades across the 30 pips. The term “ENTRIES” in your Trade Profile
determines the amount of trades you will place by splitting your Max
Lot across the 30 pip range.

Let’s use the example GTMO Signal with an example Trade Profile.

TRADE PROFILE

TRADING TYPE: Scalper


PAIR: Gold
SESSION: London/New York
BALANCE: $5000
RISK%: 4%
MAX LOT: 4
STRATEGY: Effective Layering
ENTRIES: 4 (The number of times you are going to split your Max
Lot with Effective Layering)

Example 1 GTMO Signal

Sell Now 2021.50−2024.50

SL: 2026.50
TP1: 2019.50
TP2: 2017.50
TP3: 2015.50

See the example below of Effective Layering using the GTMO Signal
and Trade Profile.

5 Steps to Win With GTMO Forex Signals


STEP 2: ENTRY−THE SIGNAL CNTD...

In the figure above, notice that there are 4 Entries (0.5, 0.5, 0.5, and
2.5) above that split the Max Lot of 4..

Example 2 GTMO Signal

Buy Now 1914−1911


SL: 1909
TP1: 1916
TP2: 1918
TP3: 1920

TRADE PROFILE

TRADING TYPE: Scalper


PAIR: Gold
SESSION: London/New York
BALANCE: $5000
RISK%: 3.5%
MAX LOT: 3.5
STRATEGY: Effective Layering
ENTRIES: 5

5 Steps to Win With GTMO Forex Signals


STEP 2: ENTRY−THE SIGNAL CNTD...
Setup Entries at Price Points across 3units, aka 30 pips

Gold Buy starting at 1914−1911 See example below:

1st entry: 0.25 (1914)


2nd entry: 0.35 (1913)
3rd entry: 0.70 (1912.5)
4th entry: 1.0 (1912)
5th entry: 1.2 (1911)

Special Note:

1. You should increase your lot size as the gold price moves closer
to the back of the 3 unit/30 pip range. This will enable you to lose
slowly but make profit fast.
2. Stop placing lots after 30 pips.
3. Use the next two steps to maximize profit and minimize loss with
the example signals.

Execute Now!!! Winners Take Action Immediately!


Use your TRADE PROFILE and both example GTMO Signals to
create Setup Entries at Price Point across three units, aka 30 pips.

5 Steps to Win With GTMO Forex Signals


5 Steps to Win With GTMO Forex Signals

EVERY
WINNING
SIGNAL STILL
NEEDS TO BE
MANAGED
TO SECURE
PROFIT.
5 Steps to Win With GTMO Forex Signals
STEP 3: EXIT TP−HOLD EM

I
n step 3, we will focus on maximizing profit while executing GTMO
Signals. Statistically, GTMO Signals are profitable 85% of the time.
That’s far above the normal win rate (50%-60%) of a successful
trader. With GTMO’s high profitable win rate, it’s important to hold
winning trades longer than you layer and hold going back to SL. Let’s
study profit hacks and how we can manage trades for more profit
instead of missing out on profit.

Recall the trade in the image from step 2

Let’s review the GTMO Signal and the TRADE PROFILE to apply a
couple profit hacks to:

Example 1 GTMO Signal:

Sell Now 2021.50−2024.50


SL: 2026.50
TP1: 2019.50
TP2: 2017.50
TP3: 2015.50

5 Steps to Win With GTMO Forex Signals


STEP 3: EXIT TP−HOLD EM CNTD...
TRADE PROFILE
TRADING TYPE: Scalper
PAIR: Gold
SESSION: London/New York
BALANCE: $5000
RISK%: 4%
MAX LOT: 4
STRATEGY: Effective Layering
ENTRIES: 4

The Original Setup has 4 Entries, and the New Setup has 17
Entries.

Original Setup Entries New Setup Entries

1st entry: 0.5 lot (2021.50) ------------> 4 entries: 0.125 lot (2021.50)

2nd entry: 0.5 lot (2022.50) ------------> 4 entries: 0.125 lot (2022.50)

3rd entry: 0.5 lot (2023.50) -------------> 4 entries: 0.125 lot (2023.50)

4th entry: 2.5 lot (2024.50) -------------> 5 entries: 0.5 lot (2024.50)

Total Entries = 4 -------------------------> Total Entries = 17

Both of these have a Max Lot of 4

Profit Hack 1: More Entries

Q: How can we maximize more profit on the right than on the left?

A: As your trades run in profit, you will be able to close half while you
roll into profit. The remaining trades will be set to BE+. Because you
have multiple entries, you can continue to take profit as the trades
move along.

5 Steps to Win With GTMO Forex Signals


STEP 3: EXIT TP−HOLD EM CNTD...
Ultimately, the trade will either move in a more positive direction
toward a higher TP, or it will run back toward zero, and you can close
out at slightly positive.

For example, If you have $500 running in profit, you can hold and
close at a number where you’re comfortable taking profit. Let’s say
that is $200; this allows the trade to pull back yet still continue to move
toward Higher TP’s.

Profit Hack 2: Risk-Free Trade

When your trades become positive, it’s your duty to not let the trades
become negative without closing your trades. This is called a “Risk
Free Trade”. If you follow this rule, you will avoid losing money at a
high rate.

Profit Hack 3: Price Button

When you’re closing your trades on MT4, make sure your trades are
in order of worst (most negative) trades to best (most positive) trades,
starting from top to bottom. You can change the direction of the best
to worst by clicking the column labeled “price” if the worst trades are
not at the top.

Profit Hack 4: Holding the Best to BE

When you accomplish closing your worst, you are now letting your
bigger trades that are the furthest away continue to become more
profitable. Hence, this is why GTMO says, “Hold Your Best to BE.”
While having more entries in your risk-free trade and holding your
best to BE, you are now in a healthy risk-mitigated trading position.

5 Steps to Win With GTMO Forex Signals


STEP 3: EXIT TP−HOLD EM CNTD...
Profit Hack 5: HH, HL, LH, LL

When a trade trends up or down, the trade rarely moves in a straight


line. If a trade is moving up, it tends to move to higher highs. If a trade
is moving down, it tends to move to lower lows. Notice how gold moves
up and down in the motions mentioned above in our diagram below.
Knowing this is the traditional way that trades move; you can relax a
bit during pullbacks if there is truly a trend.

Execute Now!!! Winners Take Action Immediately!

5 Steps to Win With GTMO Forex Signals


STEP 3: EXIT TP−HOLD EM CNTD...
Create a TRADE PROFILE and Setup ENTRIES using the image
below.

5 Steps to Win With GTMO Forex Signals


5 Steps to Win With GTMO Forex Signals

FOCUS ON
NOT LOSING
INSTEAD OF
FOCUSING ON
MAKING THE
MOST MONEY.

5 Steps to Win With GTMO Forex Signals


STEP 4: Exit SL−Fold Em

T
aking losses is an art and a major part of an expert trader’s
winning strategy. It’s more than okay to lose. Keep in mind that
“A small loss is a big win.”

Let’s discuss hacks to taking losses and the importance of respecting


BE, SL, and strategy.

Hack 1: Win Rate

Recall that GTMO’s Signals traditionally have an 85% win rate. Taking
a look closer at recent statistics during the month of August, 80% of
trades only traveled 30 pips before reversing into profit. That means
that when a trade gets beyond 30 pips, the probability of the reverse
diminishes. Mentally prepare yourself to take a small loss if you find
yourself in this position.

Hack 2: Frequency & Proportion

Successful traders typically have a 50%-60% win rate, yet they still
find themselves profitable. That means that the wins are simply larger
than the losses. Your goal is two-fold:

1. The frequency of using GTMO Signals yields an 85% win rate,


which should transfer to you if you follow the “5 Steps’’.

2. Your Risk to Reward ratio should favor winning larger profit than
the loss you take at SL.

Hack 3: Grace Period

When a GTMO Signal is selected, it’s created such that the trade is
expected to reverse within 30 pips. This is why it’s in your best interest
to use effective layering only within the 30 pip range. After the 30 pip
range, we enter the “Grace Period”. There should be no additional
trades entered. Gold will either run to profit, or you can get out a SL.
Since you have not over-layered, the SL should be fairly small.

5 Steps to Win With GTMO Forex Signals


STEP 4: Exit SL−Fold Em CNTD...
Grace Period Example: In this case, the Grace Period is between
1911-1909. That is the space where you do not want to enter. Stay
disciplined for the trade to reverse into profit or take SL at 1909.

Gold Buy Now 1914−1911


SL: 1909
TP1: 1916
TP2:1918
TP3:1920

Hack 4: Jump in GTMO Signals Late

It’s wise to be patient when there is a GTMO Signal posted. The


majority of GTMO Signals reverse at least 10 pips into the trade set.
Hence, you do not need to enter into the signal as soon as it’s posted.
Enable the trade to get into a better position. This allows you to place
your trades within a 20 pip range rather than 30 pips.

Jump in GTMO Signal Late Example: Following this strategy means


starting the “buy range” between 1913 and 1911. The range is now
20 pips with a tighter SL and better position if the trade rolls into profit.

Gold Buy Now 1914−1911


SL: 1909
TP1: 1916
TP2:1918
TP3:1920

Hack 5: News Risk & Volatility

USD Red News Folders are the most volatile period of the day for
Gold. If you decide to trade during the news with a trade set open,
you are putting yourself in a risky situation. It’s wise to close trades
prior to the news. Due to slippage, cutting loss at SL is difficult during
the news because the price is extremely volatile. Consider avoiding
the news or trading after the news is over.

5 Steps to Win With GTMO Forex Signals


STEP 4: Exit SL−Fold Em CNTD...
Hack 6: US Session Volume

Be aware if you have a trade set open upon the NY Open. Volume
picks, but GTMO Signals typically move in the direction of the trend
that the NY Open enhances. Be prepared to take an SL if the NY Open
pushes a trade against you and moves to your SL.

Above all, GTMO Signals have a stellar win rate. No one likes losses,
but because losses do not happen often, traders following GTMO
Signals tend to assume that the trade will reverse at some point. This
results in over-layering and large losses. Stay disciplined leveraging
all the hacks above. Happily take SL when it arises because a small
loss is always a big win.

Execute Now!!! Winners Take Action Immediately!


Go back to the Risk Mitigation section and complete the Risk Mitigation
Mantras again. These need to be embedded in your mind. Losing
small and overall Risk Mitigation is your secret weapon.

5 Steps to Win With GTMO Forex Signals


5 Steps to Win With GTMO Forex Signals

ONCE YOU
HAVE A CLEAR
TRADING
STRATEGY,
WINNING IS
BASED ON
HOW WELL
YOU MANAGER
YOUR
EMOTIONS.
5 Steps to Win With GTMO Forex Signals
STEP 5: MANAGE EMOTIONS & REPEAT

M
anaging emotions while trading forex is crucial for
success in the markets. Emotions can lead to impulsive
decisions, which can result in significant losses. Here are
some strategies to help you manage your emotions while
trading forex:

Develop a Trading Plan:

• Create a detailed trading plan that outlines your goals, risk


tolerance, and strategy.
• Define your entry and exit points in advance, and stick to them
regardless of your emotions.

Risk Management:

• Only risk a small percentage of your trading capital on any single


trade (commonly referred to as position sizing).
• Use stop-loss and take-profit orders to limit potential losses and
secure profits.

Education and Analysis:

• Continuously educate yourself about forex markets, technical


analysis, and fundamental analysis.
• Base your trading decisions on sound analysis rather than
emotions.

Practice with a Demo Account:

• Before trading with real money, practice your strategies on a demo


account.
• This allows you to gain experience without risking your capital.

5 Steps to Win With GTMO Forex Signals


STEP 5: MANAGE EMOTIONS & REPEAT CNTD..
Emotional Awareness:

• Recognize your emotions and their potential impact on your trading


decisions.
• Be mindful of how fear, greed, and overconfidence can affect your
judgment.

Set Realistic Expectations:

• Understand that forex trading is not a get-rich-quick scheme.


• Accept that losses are a part of trading, and aim for consistent,
long-term gains.

Use Trading Journals:

• Maintain a trading journal to record your trades, emotions, and


thought processes.
• Review your journal regularly to identify patterns of behavior and
improve.

Take Breaks:

• Avoid overtrading by taking breaks and stepping away from the


computer.
• This can help you clear your mind and prevent impulsive decisions.

Utilize Automation:

• Consider using trading algorithms or automated systems to


execute your trades.
• Automation can reduce the impact of emotions on your trading.

Seek Support and Mentorship:

• Connect with other traders, join online forums, or find a mentor


who can provide guidance and support.
• Talking to experienced traders can help you gain perspective and
learn from their experiences.

5 Steps to Win With GTMO Forex Signals


STEP 5: MANAGE EMOTIONS & REPEAT CNTD..
Accept Losses Gracefully:

• Losses are inevitable in forex trading. When they occur, accept


them gracefully and resist the urge to chase after losses with
larger trades.

Stay Informed and Adaptable:

• Stay updated on economic news and events that can impact


currency markets.
• Be willing to adapt your trading strategy as market conditions
change.

Mindfulness and Stress Reduction:

• Practice mindfulness techniques or stress reduction exercises to


stay calm and focused during trading.
• A clear mind can help you make rational decisions.

Remember that managing emotions in forex trading is an ongoing


process. It takes time and practice to develop emotional discipline. It’s
also essential to understand that no strategy can eliminate emotions
entirely, but these strategies can help you control and mitigate their
impact on your trading decisions.

5 Steps to Win With GTMO Forex Signals


SUMMARY

W
e (My team and I) want to thank you from the bottom
of our hearts for always believing and supporting us
every single day. We are sure that this eBook will be a
great step towards a better trading future.

Let’s be diligent! Do not make the mistake of believing, “Once I have


finished reading, I can just chill and watch my money grow!” We wish
that everything would be so simple. This is a great step forward and
not the only step. It’s time to put everything into practice.

You’ll have to keep studying, researching and bettering yourself every


single day if you want to stay on top of this market. There are no
shortcuts, no tricks, just hard work and dedication that will create
the dream you desire. This GTMO PROFIT FORMULA is taking the
elevator and not the stairs. You still need to take the steps to get on
and off the actual elevator.

Show up every day; apply the principles and steps you have learned
from this eBook. Immediately execute the “5 Steps” strategy. This
eBook helps you trade with the assistance of a master trader. That’s
a tremendous blessing! However, make no mistake; It is your job and
duty to continually hone your craft with trading. As you go through your
journey and learn more and more, you will reach your trading dream
life. That same dream trading life is my reality, and now, it’s Your Turn!

5 Steps to Win With GTMO Forex Signals

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