You have two choices as a trader:
You can try to eliminate risk by learning about as many market variables as possible. (We call this the black hole of analysis, because it is the path of ultimate frustration.)
Or you can learn how to redefine your trading activities in such a way that you truly accept the risk, and you’re no longer afraid.
You can try to eliminate risk by learning about as many market variables as possible. (We call this the black hole of analysis, because it is the path of ultimate frustration.)
Or you can learn how to redefine your trading activities in such a way that you truly accept the risk, and you’re no longer afraid.
Failure is contagious. If you hang out with a lame man, you will learn to limp.
Same with trading. If you consume low-grade information and trade using outdated technology, you don't stand a chance to achieve consistency in this game.
Deep down you know you're better than this.
Discover what truly effortless trading looks like.
https://www.breakfreetrading.com/LP2-trading-algorithm-1
Same with trading. If you consume low-grade information and trade using outdated technology, you don't stand a chance to achieve consistency in this game.
Deep down you know you're better than this.
Discover what truly effortless trading looks like.
https://www.breakfreetrading.com/LP2-trading-algorithm-1
There are about 165 million people in the US labor force, so this puts the current unemployment level over 16%.
That means that in less than 6 weeks, we went from historic lows in unemployment to levels greater than the second year of the Great Depression.
While this is scary, the more concerning thing is the rate at which this is happening.
If we continue on this trend, we could see 20-25% unemployment by the end of Q3 2020. This would be more than double what we originally thought was possible.
It's not too late to learn trading.
Economy is not getting better any time soon.
Start free at breakfreetrading.com
That means that in less than 6 weeks, we went from historic lows in unemployment to levels greater than the second year of the Great Depression.
While this is scary, the more concerning thing is the rate at which this is happening.
If we continue on this trend, we could see 20-25% unemployment by the end of Q3 2020. This would be more than double what we originally thought was possible.
It's not too late to learn trading.
Economy is not getting better any time soon.
Start free at breakfreetrading.com
Let's wish a happy birthday to Asger, who turned 27 today! Thank you for doing the God's Work with Breakfree Trading!
Thoughts on BTC:
Bitcoin halving is coming and thus impact mining profit, forcing miners to sell BTC to pay off power cost (electricity), meaning BTC price might have pressure on sell side for the short term (2~3 months after halving).
https://www.blockwaresolutions.com/research-and-publications/2020-halving-analysis
Bitcoin halving is coming and thus impact mining profit, forcing miners to sell BTC to pay off power cost (electricity), meaning BTC price might have pressure on sell side for the short term (2~3 months after halving).
https://www.blockwaresolutions.com/research-and-publications/2020-halving-analysis
Blockware Solutions
Bitcoin Halving — Blockware Solutions
Impact of the 2020 Halving on the Bitcoin Industry
We're getting more and more requests about trading stocks with Breakfree Trading™ Pro.
We're thinking to release a PDF (or a video) on how to get started with stocks.
What are the top 3 things you want us to cover in the guide?
Please dm @BFT_AntonX on Telegram the following
"Re: Stock Trading, I want to know: 1)... 2)... 3)..."
We're thinking to release a PDF (or a video) on how to get started with stocks.
What are the top 3 things you want us to cover in the guide?
Please dm @BFT_AntonX on Telegram the following
"Re: Stock Trading, I want to know: 1)... 2)... 3)..."
If your plan requires that you do nothing but wait, then do nothing but wait.
90% of trading is waiting.
90% of trading is waiting.
If there is such a thing as a secret to the nature of trading, this is it:
At the very core of one’s ability
1) to trade without fear or overconfidence,
2) perceive what the market is offering from this perspective,
3) stay completely focused in the “now moment opportunity flow,” and
4) spontaneously enter the “zone" (a strong virtually unshakeable belief in an uncertain outcome with an edge in your favor)
The best traders have evolved to the point where they believe, without a shred of doubt or internal conflict, that “anything can happen.”
They don’t just suspect that anything can happen or give lip service to the idea.
Their belief in uncertainty is so powerful that it actually prevents their minds from associating the “now moment” situation and circumstance with the outcomes of their most recent trades. By preventing this association, they are able to keep their minds free of unrealistic and rigid expectations about how the market will express itself.
Instead of generating the kind of unrealistic expectations that more often than not result in both emotional and financial pain, they have learned to “make themselves available” to take advantage of whatever opportunities the market may offer in any given moment.
At the very core of one’s ability
1) to trade without fear or overconfidence,
2) perceive what the market is offering from this perspective,
3) stay completely focused in the “now moment opportunity flow,” and
4) spontaneously enter the “zone" (a strong virtually unshakeable belief in an uncertain outcome with an edge in your favor)
The best traders have evolved to the point where they believe, without a shred of doubt or internal conflict, that “anything can happen.”
They don’t just suspect that anything can happen or give lip service to the idea.
Their belief in uncertainty is so powerful that it actually prevents their minds from associating the “now moment” situation and circumstance with the outcomes of their most recent trades. By preventing this association, they are able to keep their minds free of unrealistic and rigid expectations about how the market will express itself.
Instead of generating the kind of unrealistic expectations that more often than not result in both emotional and financial pain, they have learned to “make themselves available” to take advantage of whatever opportunities the market may offer in any given moment.
Today we are proud to announce that Breakfree Trading has been accepted into the Digital Ocean Hatch program.
The Digital Ocean Hatch program is for selected startups in need of powerful cloud infrastructure to allow swift growth.
With Digital Ocean infrastructure we will face no obstacles deploying and scaling the Breakfree Trading Platform in Q2 2020.
- The Team At Breakfree Trading.
The Digital Ocean Hatch program is for selected startups in need of powerful cloud infrastructure to allow swift growth.
With Digital Ocean infrastructure we will face no obstacles deploying and scaling the Breakfree Trading Platform in Q2 2020.
- The Team At Breakfree Trading.
Just a reminder for everyone trading stocks / commodities on a Pro plan.
The principles are the same as in Forex for the Discovery folks.
But instead of 70 Forex markets you get access to over 18,000+ stocks and other financial instruments, which increases your chances.
The only thing you have to look out for is overexposure.
Meaning, don't put all your eggs in one basket.
If you decided to trade some tech stocks like Amazon, Apple etc....
... also go and find a trade from companies in uncorrelated industries.
1. Turn the BFT algorithm on.
2. Go through a stock aggregator website (we like this free tool https://stockrow.com/screener/)
3. Sort the list by industry.
4. Pick companies from different industries, e.g Food, Tech, Pharma, Banking, Energy, Finance, Mining etc
5. Use BFT algorithm inside TradingView to look how these stocks performed historically against each other (You can use a replay function in TradingView)
6. Look for correlations. For example, when the virus panic hit the market month ago, how did the price move across different industries?
7. After writing down your observations. Take your chosen stocks from every industry and put them inside the watchlist on TradingView.
8. Start trading stocks how you would normally do with Forex on Discovery plan!
If you want to give a Pro plan a try, message @BFT_Tricia and she will sort you out.
The principles are the same as in Forex for the Discovery folks.
But instead of 70 Forex markets you get access to over 18,000+ stocks and other financial instruments, which increases your chances.
The only thing you have to look out for is overexposure.
Meaning, don't put all your eggs in one basket.
If you decided to trade some tech stocks like Amazon, Apple etc....
... also go and find a trade from companies in uncorrelated industries.
1. Turn the BFT algorithm on.
2. Go through a stock aggregator website (we like this free tool https://stockrow.com/screener/)
3. Sort the list by industry.
4. Pick companies from different industries, e.g Food, Tech, Pharma, Banking, Energy, Finance, Mining etc
5. Use BFT algorithm inside TradingView to look how these stocks performed historically against each other (You can use a replay function in TradingView)
6. Look for correlations. For example, when the virus panic hit the market month ago, how did the price move across different industries?
7. After writing down your observations. Take your chosen stocks from every industry and put them inside the watchlist on TradingView.
8. Start trading stocks how you would normally do with Forex on Discovery plan!
If you want to give a Pro plan a try, message @BFT_Tricia and she will sort you out.
Stockrow
Screener — stockrow
Advanced stock screener. Filter stocks by sector, industry and over 600 different metrics and ratios. Save your results, export them to Excel and get notified about screener changes.
William O’Neil is likely one of the greatest stock traders of our time. O’Neil made a large amount of money while he was only in his twenties, enough to buy a seat on the New York Stock Exchange.
Mr. O’Neil founded “Investor’s Business Daily” to compete directly with “The Wall Street Journal”, and he also discovered of the “cup with handle” chart pattern.
Those closest to O’Neil that have seen his private trading returns say that they are greater than Warren Buffett’s or George Soros over the same time period. Here are some of the principles that lead to his results, and why he is considered a trading legend.
#1 He sells a stock he is holding after it has gone down 7% from his purchase price.
“I make it a rule to never lose more than 7 percent on any stock I buy. If a stock drops 7 percent below my purchase price, I will automatically sell it at the market – no second-guessing, no hesitation”
#2 One of the major keys to his profitable trading was only having small losses when he was wrong.
“The whole secret to winning in the stock market is to lose the least amount possible when you’re not right.”
#3 William O’Neil studied historical chart patterns relentlessly and read thousands of trading books.
“90% of the people in the stock market, professionals and amateurs alike, simply haven’t done enough homework.”
#4 He invested in an industries leading stocks not its laggards and dogs.
“It seldom pays to invest in laggard stocks, even if they look tantalizingly cheap. Look for, and confine your purchases to, market leaders.”
#5 O’Neil ‘s investing style lead to big winners and small losing trades.
“Investors cash in small, easy-to-take profits and hold their losers. This tactic is exactly the opposite of correct investment procedure. Investors will sell a stock with profit before they will sell one with a loss.”
#6 He did not waste his time and money playing the short side in bull markets.
“Cardinal Rule #1 is to sell short only during what you believe is a developing bear market, not a bull market.”
#7 Fundamentals told O’Neil what to buy and the chart told him when to buy.
“The number one market leader is not the largest company or the one with the most recognized brand name; it’s the one with the best quarterly and annual earnings growth, return on equity, profit margins, sales growth, and price action.”
#8 O’Neil knew exactly what he was doing in the markets. He had a trading plan, trading principles, and rules.
“Some investors have trouble making decisions to buy or sell. In other words, they vacillate and can’t make up their minds. They are unsure because they really don’t know what they are doing. They do not have a plan, a set of principles, or rules to guide them and, therefore, are uncertain of what they should be doing.”
#9 O’Neil traded price action not his own opinions or of anyone else.
“Since the market tends to go in the opposite direction of what the majority of people think, I would say 95% of all these people you hear on TV shows are giving you their personal opinion. And personal opinions are almost always worthless … facts and markets are far more reliable.”
#10 He watched a stocks volume as part of his trading plan.
“The best way to measure a stock’s supply and demand is by watching its daily trading volume. When a stock pulls back in price, you want to see volume dry up, indicating no significant selling pressure. When it rallies up in price, you want to see volume rise, which usually represents institutional buying.”
Mr. O’Neil founded “Investor’s Business Daily” to compete directly with “The Wall Street Journal”, and he also discovered of the “cup with handle” chart pattern.
Those closest to O’Neil that have seen his private trading returns say that they are greater than Warren Buffett’s or George Soros over the same time period. Here are some of the principles that lead to his results, and why he is considered a trading legend.
#1 He sells a stock he is holding after it has gone down 7% from his purchase price.
“I make it a rule to never lose more than 7 percent on any stock I buy. If a stock drops 7 percent below my purchase price, I will automatically sell it at the market – no second-guessing, no hesitation”
#2 One of the major keys to his profitable trading was only having small losses when he was wrong.
“The whole secret to winning in the stock market is to lose the least amount possible when you’re not right.”
#3 William O’Neil studied historical chart patterns relentlessly and read thousands of trading books.
“90% of the people in the stock market, professionals and amateurs alike, simply haven’t done enough homework.”
#4 He invested in an industries leading stocks not its laggards and dogs.
“It seldom pays to invest in laggard stocks, even if they look tantalizingly cheap. Look for, and confine your purchases to, market leaders.”
#5 O’Neil ‘s investing style lead to big winners and small losing trades.
“Investors cash in small, easy-to-take profits and hold their losers. This tactic is exactly the opposite of correct investment procedure. Investors will sell a stock with profit before they will sell one with a loss.”
#6 He did not waste his time and money playing the short side in bull markets.
“Cardinal Rule #1 is to sell short only during what you believe is a developing bear market, not a bull market.”
#7 Fundamentals told O’Neil what to buy and the chart told him when to buy.
“The number one market leader is not the largest company or the one with the most recognized brand name; it’s the one with the best quarterly and annual earnings growth, return on equity, profit margins, sales growth, and price action.”
#8 O’Neil knew exactly what he was doing in the markets. He had a trading plan, trading principles, and rules.
“Some investors have trouble making decisions to buy or sell. In other words, they vacillate and can’t make up their minds. They are unsure because they really don’t know what they are doing. They do not have a plan, a set of principles, or rules to guide them and, therefore, are uncertain of what they should be doing.”
#9 O’Neil traded price action not his own opinions or of anyone else.
“Since the market tends to go in the opposite direction of what the majority of people think, I would say 95% of all these people you hear on TV shows are giving you their personal opinion. And personal opinions are almost always worthless … facts and markets are far more reliable.”
#10 He watched a stocks volume as part of his trading plan.
“The best way to measure a stock’s supply and demand is by watching its daily trading volume. When a stock pulls back in price, you want to see volume dry up, indicating no significant selling pressure. When it rallies up in price, you want to see volume rise, which usually represents institutional buying.”
“It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.” – George Soros
For those that missed a Q&A call with Patrick from yesterday.
You will learn how to use Breakfree Trading to navigate in the markets during high volatility.
This is a must watch.
https://youtu.be/VEEM09kQM08
You will learn how to use Breakfree Trading to navigate in the markets during high volatility.
This is a must watch.
https://youtu.be/VEEM09kQM08
YouTube
Using Breakfree Trading Algorithm in Volatile Markets
In this quick Q&A call, Patrick will demonstrate how to use Breakfree Trading algorithm in markets during high volatility.
This Q&A was recorded on 04.29.2020
Want to learn how to protect and multiply your money during the recession?
Learn a new, simpler…
This Q&A was recorded on 04.29.2020
Want to learn how to protect and multiply your money during the recession?
Learn a new, simpler…
Even with an advanced trading algorithm in your toolbox, no one likes to find themselves in a losing trade. But they will come.
And HOW you REACT to it is key.
Here's a 9 minute segment from an upcoming "Mindset of a Trading God" module.
You will learn why professional traders learn to LOVE their losses. And why you should too, if you want to achieve consistent trading results.
If you have access to Week 2 content, you can click the link below to watch it instantly.
https://www.breakfreetrading.com/products/week-2-of-breakfree-trading/categories/2740573/posts/9133988
And HOW you REACT to it is key.
Here's a 9 minute segment from an upcoming "Mindset of a Trading God" module.
You will learn why professional traders learn to LOVE their losses. And why you should too, if you want to achieve consistent trading results.
If you have access to Week 2 content, you can click the link below to watch it instantly.
https://www.breakfreetrading.com/products/week-2-of-breakfree-trading/categories/2740573/posts/9133988
There’s a huge difference between one good trade and good trading.
The first one is an event, the second one is a process.
The first one is an event, the second one is a process.
Joshua has been trading with Breakfree for about two months.
Tune in and listen to what he has to say!
https://youtu.be/rBIWk5UyMAQ
Tune in and listen to what he has to say!
https://youtu.be/rBIWk5UyMAQ
YouTube
Joshua Scores 118 Winning Trades With Breakfree Trading Algorithm (Using His Broker's Money)
Joshua Hunter is from Texas and has been using Breakfree Trading for about two months.
In this quick video, he will share on his success of winning 118 trades using the algorithm.
You will also learn how he used his broker's money to test out the algorithm…
In this quick video, he will share on his success of winning 118 trades using the algorithm.
You will also learn how he used his broker's money to test out the algorithm…
Happy Monday everyone!
As you might have noticed, we are growing fast and we want to keep our people in the loop.
We got a lot of cool things to build ahead of us, and we would love to hear from you guys what you want us to prioritize.
We prepared an easy solution to capture your thoughts and ideas.
Please have a look and upvote, comment, or add new ideas for us to build next:
http://feedback.breakfreetrading.com
You can give feedback on the upcoming platform, the next version of the BFT Algo, request new education videos or simply report something that doesn't work.
As you might have noticed, we are growing fast and we want to keep our people in the loop.
We got a lot of cool things to build ahead of us, and we would love to hear from you guys what you want us to prioritize.
We prepared an easy solution to capture your thoughts and ideas.
Please have a look and upvote, comment, or add new ideas for us to build next:
http://feedback.breakfreetrading.com
You can give feedback on the upcoming platform, the next version of the BFT Algo, request new education videos or simply report something that doesn't work.
Breakfreetrading
Breakfree Trading Feedback
Give feedback to the Breakfree Trading team so we can make more informed product decisions. Powered by Canny.
Big update!
We understand that even with the help of BFT algorithm, learning trading can be intimidating.
That's why we're introducing Breakfree Trading Dojo.
What is it?
Breakfree Trading Dojo is like stepping into Hyperbolic Time Chamber, where one hour of real time equals to ten hours in the Chamber.
This essentially allows for someone entering the BFT Dojo to get one year worth of intense training done in a single day.
After clicking the link below, you and four other members will get an intense, two-hour live training from our trading coach Patrick Benske.
At the end of the training, everything will start finally making sense and you will take your trading to the next level.
The cost to participate is $299 and you will also get 3-month of Discovery access get added on top of your current membership. (or 1-month of Pro if you're already on a Pro plan)
Click below to book (spots are strictly limited)
https://calendly.com/breakfree-trading/dojo?back=1&month=2020-05
We understand that even with the help of BFT algorithm, learning trading can be intimidating.
That's why we're introducing Breakfree Trading Dojo.
What is it?
Breakfree Trading Dojo is like stepping into Hyperbolic Time Chamber, where one hour of real time equals to ten hours in the Chamber.
This essentially allows for someone entering the BFT Dojo to get one year worth of intense training done in a single day.
After clicking the link below, you and four other members will get an intense, two-hour live training from our trading coach Patrick Benske.
At the end of the training, everything will start finally making sense and you will take your trading to the next level.
The cost to participate is $299 and you will also get 3-month of Discovery access get added on top of your current membership. (or 1-month of Pro if you're already on a Pro plan)
Click below to book (spots are strictly limited)
https://calendly.com/breakfree-trading/dojo?back=1&month=2020-05
The exceptional investor invests in heretical themes, and sells once those themes become orthodox.
The average investor invests in orthodox themes, and sells once those themes become irrelevant.
The average investor invests in orthodox themes, and sells once those themes become irrelevant.