Simple Trading Works Best : Frankfurt Special
February 11, 2015
2 Min read
I’m over in Frankfurt this week. So I thought I would do a bit of sightseeing while I’m here.I was due to give a talk at a bank, which unfortunately got postponed. However, I did get a chance to meet a group of people working at a bank in Frankfurt, yesterday evening.As always, the first thing anyone asks is “what do you do?”Of course, I go into a passionate monologue about the great things we’re doing with trading. Then I get the usual questions about our trading system. This got me thinking.How many of you can explain your strategy for trading quickly and briefly enough that you won’t send a non-trader to sleep?I succeeded, but my guess is that many of you wouldn’t. An issue lots of people suffer from is thinking the more variables they add to their system, the stronger it will be. Lots of people also happen to be wrong…
Mixing it with the bulls and the bears outside the Frankfurt Stock Exchange and ECB Headquarters
Trading Setups Everywhere!
My approach to trading is highly complex, but the real beauty lies in the simplicity of the complexity. I know it sounds like an oxymoron, but this is what we should all be striving to achieve: A system simple enough that we can define it in a sentence. If not, our system isn’t logical.This week I want to teach you two setups which hide their complexity by being simple and easy to spot. I’ve made use of my surroundings to make your adoption of these setups even easier, check out the images below and stay tuned for round 1 starting tomorrow.[caption id="attachment_4277" align="aligncenter" width="469"]
The only issue with being obsessed with trading: you see setups everywhere[/caption]