Transparent Traders: From Farmer to MILLIONAIRE Trader
The strategy - super scalping - used by the millionaire farming trader makes sense. The obvious advantage is that a trader who subscribe to this strategy is that the trading strategy eliminates big losses. One of the reasons many traders fail to be consistent in making profits is that they make small wins and big losses. The farmer sells his positions in literally seconds.
The main technique traders who are interested in this super scalping strategy is they need to know when to buy and how much to buy. Particularly when to buy. Once you buy your shares of a stock, then it's just a matter of how long you want to hold your position, often times, not so long. It is just seconds regardless of the current price.
The trading farmer located in Phoenix, AZ, United States as showed at kinfo.com, reportedly has made 1.7 millions of dollars. His winning rate is low, about 53%, the win per trade is only $21. He got a good point. A newbie trader needs to have a low expectation or daily goal when he begins trading real money. He suggested the expectation would be as low as winning $1.00 a day. With this low expectations, traders do not have to experience any emotional trauma. This mental status can help traders perform better.
Watch to learn what the trading farmer has not say about his trading strategy. The farming trader has a youtube channel here.