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Trading Mastery by Moneytize

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0% found this document useful (0 votes)
479 views35 pages

Trading Mastery by Moneytize

Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 35

TRADING

MASTERY
Unveiling Secrets to
Consistent Profits
Risk Disclaimer
Trading in financial markets can offer significant rewards but also
involves significant risks. You should be aware and willing to accept
them in order to trade in financial markets. Do not trade with capital
you cannot afford to lose, especially when using leveraged
instruments such as Forex, futures, or binary options trading. Please
note that the use of this book does not constitute a solicitation or an
offer to buy/sell stocks, commodities, cryptocurrencies, or Forex. We
do not guarantee that any trader will or is likely to achieve profits or
losses similar to those we have achieved in the past.

Past performance of any trading system or methodology does not


guarantee future results. WE DO NOT PROVIDE INVESTMENT OR
TRADING ADVICE. The information provided in this book is intended
for educational purposes only and should not be construed as financial
advice. It has been put together for you to make informed trading
decisions.

You could lose all of your capital quickly due to market trading
conditions, mechanical error, emotional-induced errors, breaking
news, or earnings releases. We cannot guarantee that you will make a
profit by using this book or undertaking our courses. By reading this
book, you acknowledge that we are not providing financial advice, and
any information shared herein is for educational purposes only. You
are solely responsible for any trading decisions you make based on the
information provided in this book.
Office 6, Floor 1, Above First Motors Building,
Address
Al Quoz 1, Dubai – UAE

Introduction
Making profits on a sustained basis is one of the greatest feelings you can
experience as a Trader in the financial markets. There is simply nothing else like it.
That’s because when you achieve financial freedom, you get to enjoy being your
own boss, plan spontaneous vacation, and enjoy a balanced family life.

However, there are many obstacles you have to overcome before you can get there.
Not only do you have to scour the internet for reliable information, get confused in
the tricks of trading gurus, or fear losing your capital to trading signals – but you
also have to self-assess the truth of these risk-disclaiming information providers,
which can be the most difficult challenge of all. All of this can leave you falling well
short of the mark and stop you from ever making profits consistently every month.

Fortunately, though, making money in the financial markets doesn’t have to be as


challenging as you think. Simply by implementing the right tried-and-tested
techniques, you can make money without experiencing any of the common
frustrations.

How would we know?

Because, at Moneytize, we’re experts at helping new and experienced traders


achieve their goals of trading confidently in less than a month. Over the past 3
years, we’ve helped 500+ traders finally trade successfully without the years of hard
work and trial and error most people usually have to suffer through.

We’ve written this book to share some of the powerful industry secrets we’ve
accumulated during our time Trading in the Markets. The information you’re about
to read will help you ensure that you meet your profit goals while making sure you
avoid losing your hard-earned money.

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Office 6, Floor 1, Above First Motors Building,
Address
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You’re about to discover:

2 simple techniques that you can use to make profits consistently every
month – even if you don’t have any experience,

4 must have tools to take your trading to the next level,

how to avoid the 6 most common mistakes made by traders – making even 1
of these errors could cost you thousands of dollars and set you back a couple
of years,

an insider secret that can help you make money like banks and institutions –
We are sure that this will completely blow your mind!

The TRUTH about the brokerage industry and why traders usually fail at
making profits consistently in the financial markets.

By the time you’ve finished reading, you’ll have all the information you need to
kickstart your journey to success and an additional source of income.

Let’s get started!

www.moneytize.ae +971 52 192 8550 4


Table of Contents

Page 6
2 Simple Techniques to help You Make
Profits Consistently Every Month
Page 13

4 Must Have Tools to Take your Trading to


the Next Level

Page 18
The 6 Most Common Mistakes Made by New
and Experienced Traders And How You Can
Easily Avoid Them
Page 25

An Insider Secret which Can Help You Protect


your Trading Capital in the Financial Markets

The TRUTH about the Brokerage Industry &


Page 28

Why Most Traders usually Fail at Making


Profits Consistently in the Financial Markets
Page 33

Claim Your FREE No-Obligation 20-Minute


Consultation and We’ll Help You To Make
Profits Consistently
2 Simple Techniques to
Help You Make Profits
consistently Every Month
Office 6, Floor 1, Above First Motors Building,
Address
Al Quoz 1, Dubai – UAE

2 Simple Techniques to Help


You Make Profits consistently
Every Month
Some days, making an additional income with trading might seem like a faraway
dream. But, if you implement the right strategies, you can get there far sooner than
you think. We’ve outlined 2 simple, tried-and-tested techniques you can use to
make profits consistently.

In order to trade with consistent profits, a trader must be able to analyze charts in a
manner that they can:

1 easily identify key levels, and

2 see price reaction at these key levels.

Identifying Key Levels on a Chart

What is a Key Level?

Key levels are the levels of support and resistance.

To identify a key level, look for areas where the


price has reversed. Support and resistance
levels are created when the price of an asset
reverses direction. Look for areas on the chart
where the price has reversed and started
moving in the opposite direction. These areas
Video 1:
are likely to be support or resistance levels.
Understanding Support & Resistance

To understand this concept better, take a look at the video on the right:

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Office 6, Floor 1, Above First Motors Building,
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How to Identify Key Levels?

Identifying key levels is an essential part of technical analysis for trading. Key levels
refer to specific price levels on a chart that have historically shown to act as
important support or resistance levels. These levels are closely watched by traders
as they can offer valuable insights into potential price movements and help identify
potential trading opportunities.

Here are the steps to identify key levels in chart reading for technical analysis:

Start with a clean chart


Remove any clutter on the chart such as indicators and trendlines. This
allows you to focus on price action & identify key levels easily.

Identify the trend


A bullish trend is characterized by higher highs and higher lows, while a
bearish trend has lower highs and lower lows. Knowing the trend can help
identify key levels that are more likely to hold or break.

Look for horizontal support & resistance levels


These levels are horizontal lines that connect multiple price points where
the price has reversed or consolidated in the past. The more times the price
has tested a particular level without breaking it, the stronger the level is.

Identify diagonal support & resistance levels


These levels are trendlines that connect the highs or lows of price action.
The steeper the trendline, the stronger the level is considered to be.

Consider round numbers


Round numbers that end in zeros, such as 00 or .50 can also act as key
levels as traders often place orders at these levels.

There is an easy way to identify key levels.

Instead of using a candlestick chart, it is preferable to use a line chart

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Office 6, Floor 1, Above First Motors Building,
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For instance, take a look at charts in line and candlestick form for the same
instrument:

Support Resistance Level

If you observe both charts closely, the line chart (outlined in blue) is clutter free, and
helps you easily identify the key levels of support and resistance.

In conclusion, identifying key levels is crucial for technical analysis in trading. By


analyzing past price action, traders can identify important levels that are likely to act
as support or resistance in the future. By monitoring key levels, traders can make
more informed trading decisions and potentially increase their profitability.

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Office 6, Floor 1, Above First Motors Building,
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Identifying Price Reaction at the Key Levels

Identifying the behavior of buyers and sellers at support and resistance levels is an
essential part of technical analysis in trading.

Candlestick patterns are popularly used in technical analysis to identify the behavior
of buyers and sellers at support and resistance levels in trading.

Here are the steps to identify the behavior of buyers and sellers using candlestick
patterns:

Identify the support and resistance levels

Identify the key support and resistance levels on the chart using the methods
discussed earlier.

Look for bullish candlestick patterns at support levels

Bullish candlestick patterns, such as hammer, bullish engulfing, or piercing patterns,


indicate that buyers are stepping into the market and are willing to buy at the support
level. These patterns suggest that the selling pressure has weakened, and buyers are
gaining control of the market.

Look for bearish candlestick patterns at resistance levels

Bearish candlestick patterns, such as shooting star, bearish engulfing, or dark cloud
cover patterns, indicate that sellers are entering the market and are willing to sell at
the resistance level. These patterns suggest that the buying pressure has weakened,
and sellers are gaining control of the market.

Analyze the size and color of the candles

The size and color of the candles can provide valuable insights into the behavior of
buyers & sellers. Large bullish candles at support levels or large bearish candles at
resistance levels may indicate a stronger presence of buyers or sellers, respectively.
Additionally, the color of the candles can indicate their strength. Bullish candles are
typically green or white, while bearish candles are typically red or black.

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Look for confirmation from other indicators

Candlestick patterns should be used in conjunction with other technical indicators,


such as volume, momentum, or trend lines, to confirm the behavior of buyers and
sellers at support and resistance levels.

To help you understand the structure of candlesticks, please take a look at the video
below:

Video 2: Understanding Different Candlestick Structures

The following cheat sheets will give you an overview of the most important
candlestick patterns:

CHEAT SHEET 1 1 CANDLE PATTERN

Hammer Inverted Hammer Dragonfly Doji Spinning Top

Hanging Man Shooting Star Gravestone Doji Bearish Spinning Top

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CHEAT SHEET 2 2 CANDLES PATTERN

Bullish Piercing Tweezer Bullish Bullish Bullish


Engulfing Line Bottom Harami Kicker Counterattack

Bearish Bearish Tweezer Bearish Dark Cloud Bearish


Engulfing Counterattack Top Harami Cover Kicker

CHEAT SHEET 3 3 CANDLES PATTERN

Three White Morning Morning Bullish Three Three Upside


Soldiers Star Doji Star Abandoned Inside UP Outside UP Tasuki Cap
Baby

Three Black Evening Evening Doji Bearish Three Three Outside Downside
Soldiers Star Star Abandoned Inside Down Down Tasuki Cap
Baby

In conclusion, candlestick patterns can provide valuable insights into the behavior of
buyers and sellers at support and resistance levels in trading. By looking for bullish
or bearish candlestick patterns, analyzing the size and color of the candles, and
confirming with other indicators, you can gain a better understanding of the market
dynamics and make more informed trading decisions.

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4 Must Have Tools to
Take your Trading to the
Next Level
Office 6, Floor 1, Above First Motors Building,
Address
Al Quoz 1, Dubai – UAE

4 Must Have Tools to Take your


Trading to the Next Level
A lot of people don’t know about these tools – which is crazy because we think
they're a MUST-HAVE when it comes to taking your trading to the next level.

Here are 4 reliable, tried-and-tested tools that have helped traders speed up their
journey toward success:

Charting Tool

A charting tool is a software program or web-based application that enables traders


to visualize and analyze market data. It provides you with graphical representations
of market data, such as price and volume, to help them make informed trading
decisions.

There are many charting tools available for traders. Among the variety, TradingView
is the most popular and reliable charting tool for traders for several reasons:

it has a user-friendly interface, making it easy to navigate for beginners and


advanced traders,

TradingView provides access to a wide range of markets, including stocks,


forex, and cryptocurrencies,

it has a large library of indicators, drawing tools, and chart types to help
traders make informed decisions,

TradingView offers real-time data, which means that traders can monitor
market movements in real-time,

it offers customizable alerts and notifications to help traders stay on top of


market movements.

To use TradingView, please visit https://www.tradingview.com/.

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Office 6, Floor 1, Above First Motors Building,
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Currency Strength Meter

A currency strength meter is a tool that provides a visual representation of the


relative strength or weakness of various currencies in the forex market. By analyzing
the strength of different currencies, you can make more informed decisions about
which currency pairs to trade.

A currency strength meter can help traders identify which currencies are strong and
which are weak, allowing them to select pairs with the highest potential for profit.
For example, if the US dollar is showing strength on the meter and the Japanese yen
is showing weakness, a trader may consider buying the USD/JPY currency pair.

Currency Quake is considered a reliable currency


strength meter for forex trading due to its advanced
algorithm that analyzes price movements and
calculates currency strength and weakness accurately.
It provides real-time data, market analysis, and alerts,
all of which are essential for successful forex trading.

To use Currency Quake, please visit


https://currencyquake.com/currency-strength/.

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Economic Calendar

An economic calendar is a tool used by traders to keep track of scheduled economic


events, such as interest rate decisions, employment reports, and inflation data,
among others. These events have the potential to impact the financial markets and
cause volatility in prices, which makes them crucial information for you. Economic
calendars provide dates and times of upcoming events, the nature of the event, and
the expected impact on the market.

ECONOMIC CALENDAR

Economic calendars help traders prepare for and stay informed of upcoming
market-moving events, allowing them to adjust their trading strategies accordingly.
By staying up-to-date with the latest economic data, traders can identify trading
opportunities, manage risks, and make informed decisions on when to enter or exit
trades. For example, if a trader is holding a long position in a currency, and a central
bank is expected to announce a rate cut, the trader may decide to close their
position before the announcement to avoid potential losses.

Moneytize offers its economic calendar on a free-to-use basis for traders. To access
it, please visit https://www.moneytize.ae/tools.

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Office 6, Floor 1, Above First Motors Building,
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Lot Size Calculator

A lot size calculator is a tool that helps traders determine the appropriate size of
their trades based on their risk tolerance, account balance, and the instrument
being traded. It assists traders in managing their risk by providing guidance on the
number of units or lots to buy or sell for a particular trade.

By using a lot size calculator, you can ensure that they are not risking more than
they can afford to lose, and they can manage their trades more effectively. This tool
is particularly useful for beginner traders who are not yet familiar with risk
management techniques, as well as for experienced traders who want to fine-tune
their position sizing.

LOT SIZE CALCULATOR

CALCULATE

To use a lot-size calculator that can assist you with your trading activities, please
visit https://www.moneytize.ae/tools.

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The 6 Most Common
Mistakes Made by New
and Experienced Traders
and How You Can Easily
Avoid Them
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The 6 Most Common Mistakes


Made by New and Experienced
Traders and How You Can Easily
Avoid Them
Sadly, when it comes to making money consistently, too many traders make simple
mistakes which cost them dearly. If you’re not careful, you could follow in their
footsteps and end up falling well short of your goal.

But don’t worry – we’re here to help.

We’ve put together a list of the 6 most common mistakes made by Traders – as well
as easy-to-follow tips on how to avoid them.

Trading without a Plan

Far and away, the most common mistake traders make is trading
without a plan. We see it all too often - we’ve honestly lost count
of how many people we’ve come across who have made this error.

Trading in the financial markets without a plan can lead to significant losses. Traders
who engage in trading without a plan are more likely to make emotional decisions,
such as impulsive trades based on fear or greed, rather than logical decisions based
on market analysis. This can lead to a lack of discipline, which can result in excessive
risk-taking, overtrading, and ultimately, significant losses.

To avoid the consequences of trading without a plan, you should develop a trading
plan that includes their trading strategy, risk management guidelines, and goals. A
trading plan helps you to stay focused on their objectives and avoid making
impulsive decisions.

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Office 6, Floor 1, Above First Motors Building,
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In addition, you should always follow their trading plan and be consistent in their
approach to trading. You should avoid making trades based on emotions and stick
to their pre-defined strategy. By doing so, traders can increase their chances of
success in the market while minimizing their risk of significant financial losses.

No Formal Education and Trading based on Trade Calls

Trading without a plan is another common mistake and is right


up there with trading without a plan in terms of the amount of
money it costs traders. It’s such an easy mistake to avoid, but it
happens way more often than it should.

Trading without a formal education or relying solely on trading signals can have
serious consequences. It can lead to poor decision making, increased risk-taking,
and ultimately, significant financial losses.

Without a deep understanding of market mechanics, trading strategies, and risk


management, you may make impulsive decisions that result in large losses.
Additionally, relying solely on trading signals can be risky because signals can be
subjective, and there is no guarantee that they will be accurate. Even while using
signals, you must be able to ascertain the technical accuracy of the advice so that
they are not in a position of regret on a failed trade.

To avoid these consequences, you should prioritize education and self-


improvement. They should seek out reputable sources of information, such as
books, courses, and webinars, to deepen their understanding of the markets and
trading strategies. With a sound education and a disciplined approach, you can
minimize the risks associated with trading and increase their chances of success.

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Not Backtesting

This mistake might not be as common as the first two we’ve


outlined – but that doesn’t make it any less harmful. In fact, it
could be the most costly out of the rest – an error that could
see you throw away thousands of dollars and leave you further
away from achieving your goal than when you first started.

Backtesting is the process of using historical data to test a trading strategy or


system, and it can provide valuable insights into the potential profitability and risk
of a trade. Failing to backtest a trade means that you are essentially gambling with
your money, and you have no empirical evidence to support their decision-making.

Backtesting will build confidence in your system. You will learn the ins and outs of
your strategy. From a psychological standpoint, it is important for being profitable
especially because it will help you weather the losing streaks.

Market conditions are constantly changing. They may be trending, they may be
ranging, or they may just be moving sideways. You need to know in what conditions
your system performs best and trade under those conditions.

To handle these market dynamics, you should make a habit of backtesting your
trades before executing them. This involves using historical data to simulate how
the trade would have performed in the past, taking into account factors such as
market conditions, entry and exit points, and risk management strategies.

Backtesting allows you to identify potential weaknesses in your strategy and refine
it before risking real money. By backtesting your trades, you can increase your
chances of success and minimize the risks associated with trading.

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Revenge Trading

While not as costly as not backtesting a trade, this one can still
have serious consequences.

Revenge trading refers to the act of trading with the sole purpose of recouping
losses suffered in previous trades. It is an emotional response to a loss, driven by
anger, frustration, and impatience. Traders often abandon their trading plans and
risk management strategies in an attempt to make up for their losses, leading to
more significant losses. Revenge trading can be addictive and may cause traders to
spiral out of control, ultimately leading to financial ruin. Traders should avoid the
urge to revenge trade and instead focus on their long-term trading goals.

Here is a 5-step method to avoid revenge trading:

Step back temporarily


Make a self-assessment

Assess market conditions

Review your Trading


Strategy

Make the necessary adjustments to


avoid repeating the same mistake

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Overtrading

Overtrading is when a trader excessively buys and sells


instruments in a short period of time, resulting in higher
transaction costs, increased risk of losses, and reduced
profitability.

To avoid overtrading, you should stick to a well-defined trading plan, set a limit on
the number of trades you make, use stop-loss orders to limit losses, avoid excessive
leverage, and take breaks from trading to clear your mind and reduce stress. By
managing emotions and risk effectively, you can avoid the negative consequences
of overtrading and achieve your trading goals.

Not Following Trading Fundamentals

Trading without following the basics can lead to a lack of


understanding of market dynamics, increased risk of losses,
reduced profitability, and failure to achieve trading goals.

Following aspects of trading must be closely reviewed when engaging in the


financial markets:

Booking Profitable Trades early & holding on to Negative Trades

Booking profitable trades early and holding on to negative trades can


have negative consequences on your portfolio. By booking profits early,
you may miss out on potential gains, while holding on to negative trades
can lead to increased losses and reduce overall profitability.

To avoid these consequences, you should develop a sound exit strategy


based on your trading plan and stick to it. You can also benefit from
tracking & analyzing your trading performance in a trading journal to
identify areas for improvement and refine their strategies over time. By
following these steps, you can minimize losses and maximize profits.

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No Stop Loss or Modifying Stop Loss

The downside of trading without a stop loss or modifying a stop loss is


that it increases the risk of significant losses. Stop-loss orders are used to
limit losses by automatically closing out a trade when a predetermined
price level is reached. Without a stop-loss order, you are exposed to
unlimited potential losses if the market moves against their position.

Even if you initially place a stop-loss order, modifying it can also be risky.
Changing the stop-loss level can lead to a larger loss than anticipated if
the market continues to move against the trade. Additionally, modifying
the stop-loss level may be a result of emotional or impulsive decision-
making rather than a sound trading strategy.

Taking too many Trades based on the Same Instrument

Taking too many trades based on the same instrument can lead to
concentrated risk, resulting in higher potential losses if the market moves
against the trader's positions. Additionally, overexposure to a single
instrument can result in missed opportunities in other markets, as you
may become too focused on a particular asset.

Furthermore, too many trades on the same instrument can indicate a


lack of diversification, which can increase overall risk. Diversification
helps to spread risk across multiple markets and asset classes, reducing
the impact of any single event or market movement.

To avoid the risks of taking too many trades on the same instrument, you
should aim for a well-diversified portfolio, spread across different
markets and asset classes. You should also limit their exposure to any
single asset, set realistic profit targets and risk management rules, and
stick to their trading plan.

By practicing effective risk management and diversification, you can


reduce their exposure to market volatility and increase your chances of
achieving long-term trading success.

www.moneytize.ae +971 52 192 8550 24


An Insider Secret Which
Can Help You Protect
your Trading Capital in
the Financial Markets
Office 6, Floor 1, Above First Motors Building,
Address
Al Quoz 1, Dubai – UAE

An Insider Secret Which Can


Help You Protect your Trading
Capital in the Financial Markets
At Moneytize, we’ve got our fingers on the pulse of the financial market, and we’ve
picked up a secret or two during our time. Here is an important gem that you can
use to protect your trading capital while trading in the financial markets:

“How to beware of the manipulation of institutional investors in trading?”


But wait, what is the manipulation we are talking about?

Institutions have several tools and strategies at their disposal to potentially


manipulate prices in trading. Here are a few examples:

Price Manipulation: Institutions may engage in price manipulation to create


artificial highs or lows in the market. This can involve creating false or
misleading news or rumors to create market sentiment.

Order Size: Institutions have a significantly larger buying power than


individual retail traders. By placing large orders, they can create artificial
demand or supply for a particular security, which can push prices in their
favor. Retail traders may not have the same impact with their smaller trades.

News or Information: Institutions often have access to news and information


before it becomes public. They may use this information to trade ahead of
the news and take advantage of the resulting price movement. This can be
seen as insider trading, which is illegal, but difficult to detect and prosecute.

It's important to note that not all institutions engage in these practices, and there
are regulations in place to prevent manipulation in trading. However, retail traders
should be aware of these potential strategies and be cautious when trading in
markets where institutions have significant influence.

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Now you understand the manipulation, but what can you really do about it?

As a retail trader, you can take several steps to try to overcome potential
manipulations by institutions in trading:

Seek Professional Education

Seek professional education from


unbiased financial educators. They can
provide guidance on how to navigate
potential manipulations by institutions
and make informed trading decisions.
Diversification

Diversify your portfolio to Research


reduce their exposure to any
Do your own research and
one instrument or market.
analysis of the market and
This can help mitigate the
the securities they are
impact of any potential price
trading. By doing so, you
manipulation by institutions.
Retail can identify potential risks
and opportunities, and
Strategy
make informed decisions.

Use Limit Orders


Monitor News & Events
Use limit orders to specify the
Keep abreast with the market
price at which they are willing
news and events. By doing
to buy or sell an instrument.
so, you can identify potential
This can help prevent them Technical Analysis
catalysts that may affect the
from being caught in a sudden
Use technical analysis to identify instruments you are trading.
price swing due to large
potential trends in the market. This
institutional trades.
can help them anticipate potential
price movements and make
informed trading decisions.

Overall, you need to be aware of the potential manipulations by institutions and take
steps to protect yourself. By doing so, you can increase your chances of success.

www.moneytize.ae +971 52 192 8550 27


The TRUTH about the
Brokerage Industry and
Why Most Traders usually
Fail at Making Profits
Consistently in the
Financial Markets
Office 6, Floor 1, Above First Motors Building,
Address
Al Quoz 1, Dubai – UAE

The TRUTH about the


Brokerage Industry and Why
Most Traders usually Fail at
Making Profits Consistently in
the Financial Markets
When it comes to brokers in the financial market, one must be careful to work with a
trusted and reliable broker. For ease of understanding, let us categorize them into –
a good broker and a bad broker.

A good broker will prioritize transparency, security, and reliable execution of trades,
while a bad broker may engage in unethical practices such as misleading
advertising, hidden fees, and poor customer support. In simple words, a good
broker can help traders achieve their investment goals, while a bad one can hinder
their progress and potentially lead to financial losses.

While it is not prudent to make blanket statements about all brokers, we will go over
some of the common aspects that you must look out for while picking your
preferred broker:

Setup Experience & Push to Make Deposits after Lost Trades

The account setup experience and push to make deposits after lost trades can
reveal whether a broker is prioritizing the best interests of their clients or engaging
in unethical practices that benefit themselves.

A good broker will typically provide a smooth and transparent account setup
experience, with clear and easy-to-understand instructions on how to set up and

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manage an account. After experiencing losses, a good broker will not push clients to
make additional deposits without proper consideration and discussion of the risks
involved.

In contrast, a bad broker may prioritize their own interests over their clients,
encouraging impulsive trading to generate commissions or fees. They may provide a
confusing or misleading account setup experience, hiding additional fees and terms
in the fine print. After experiencing losses, a bad broker may pressure clients to
make additional deposits or engage in risky trades without proper discussion or
consideration of the risks involved, putting the client's financial well-being at risk.

Encouraging Trading based on Trade Calls or Signals

Some brokers may provide trade calls or signals to their clients as a value-added
service. These trade calls or signals are meant to provide guidance to clients on
potential trading opportunities in the market. However, it is important to note that
not all trade calls or signals are accurate, and some brokers may use these signals to
mislead traders.

Good brokers may assist traders by providing access to reliable and reputable
sources of market information. They also offer educational resources, such as
webinars or tutorials, to help traders better understand how to trade in the financial
markets. Additionally, good brokers also offer a variety of features such as
customizable alerts and notifications, to help traders stay informed and up to date
on market conditions.

On the other hand, bad brokers may mislead traders by providing:

a large number of trade calls or signals in a day. But wait! Why is this bad?
Institutions may engage in price manipulation to create artificial highs or
lows in the market. This can involve creating false or misleading news or
rumors to create market sentiment.

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trade signals that are not properly researched


This can result in traders being encouraged to take on trades that are
ACTUALLY RISKY or have little chance of success.

trade calls to intentionally misguide you


While this is a rare occurrence, a few unethical brokers intentionally provide
misleading trade signals to benefit their own positions or to generate
commissions.

It is important for you to exercise caution when using trade calls or signals. As a
trader, you should be educated well, carefully vet the broker, and should always do
your own research before entering any trades.

Traders must always understand that there is no magic formula for success in the
market, and that trading always involves a certain degree of risk.

Getting You to Trade without a Stop Loss

This is a sneaky one that brokers can get away with. Most new traders who depend
on their brokers to place trades fall trap to not applying a stop loss to their trades.
Now this exposes you as a trader to significant risk.

For newbies, a stop loss is a risk management tool that sets a limit on the amount of
money a trader can lose on a particular trade. Without a stop loss, the potential
losses on a trade can be unlimited, which can be extremely dangerous for you.

A good broker cares about your well-being and encourages you to trade with a risk
management plan in place. In fact, most reputable trading brokers have a vested
interest in their clients' profits because the more profitable their clients are, the
more likely they are to continue trading and generating commission revenue for the
broker.

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In comparison, a bad trading broker who provides trade calls without a stop loss
may have a conflict of interest. They may be incentivized to encourage you to take
on more risk in order to generate more commissions, even if it is not in your best
interest. In other cases, a poorly educated broker may unintentionally do this
exposing you to the potential danger of trading without a stop loss.

Regardless of the reason, trading without a stop loss is extremely bad for you. If a
trade moves against you, losses can quickly pile up and wipe out your entire trading
account.

Traders should always use a stop loss to limit their risk and protect their capital. You
should also be wary of any brokers who encourage you to trade without a stop loss
or who do not place an emphasis on risk management. It is important to work with
brokers who prioritize their clients' safety and success in the markets.

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20-Minute Consultation and
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Thank you for taking the time to read this Book – we hope you have found the
information helpful and can use what you’ve learned to make more in the financial
markets.

If you’re truly serious about achieving financial freedom, then we have excellent
news. For a limited time only, we’re offering you a free, no-obligation session with
one of our consultants. During your 20-minute session, we’ll discuss your current
situation, what your goals are and how we can help you achieve them using our
proven system.

We’ll also cover a stack of valuable information together, including…

how you can take your trading win rates above 75%,

what you should never do when trying to make profits in the financial
markets, and

how to avoid all the most common mistakes that traders make which
sabotage your success.

There’s no cost or obligation to move forward with our service afterwards, if you feel
like it’s not for you. It’s simply a free information session designed to educate you
and provide value to you in advance.

To claim your free consultation or find out more information about this limited-time
offer, all you have to do is click the link below:

CLAIM YOUR FREE SESSION HERE

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Trading Mastery: Unlocking the Path to Profitable Success" is a
comprehensive guide that reveals the secrets to achieving consistent
profits in the financial markets. This book provides readers with two
simple yet powerful techniques to boost their trading performance
every month. It introduces readers to four essential tools that will
take their trading to the next level. Readers also learn of an insider
secret that can help them protect their trading capital. Finally, the
book exposes the truth about the brokerage industry and why most
traders struggle to make consistent profits.

With this knowledge, readers can overcome the hurdles that prevent
them from achieving trading success."

© Moneytize 2023

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