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3 Major Things Trading
There are so many things that can hinder one from getting a
good result in trading boom and crash such improper
money management, traders psychology and strategy. According
to my research trading physchology is most important thing in
trading as it carry 55% ,money management carry 35% and
strategy carry 15%, while some trader spend so much time in
strategy, living money management and psychology behind.As
many trader lack this especial beginners move quickly and trade
without being discipline, He or she might win several time but in
a long run he wipe his account. To master how to trade boom and
crash required
a good knowledge of the trend market and chart together
with discipline.

3 Major thing in Trading

15% Strategy

35% 55% Psychology

Money Management
The Chart Above Showing Psychology , Money Management
and Strategy. You can see how Big Psychology is and Money
Management compare to Strategy and Most people are missing
this.
PSYCHOLOGY

According to Wikipedia Psychology is the science of mind

and behavior. Psychology includes the study of conscious
and unconscious phenomena, as well as feeling and
thought.
As you can see that your mind and behavior toward trading
can affect your winning or losing trade. Before you start trading
you need to make sure your comfortable and very calm . You
do not need to rush . Make a a clear plan how your going to
trade.
Most people lose trading even when they know how to
trade because they are greedy , Fear, Fighting back the market
to get their lose. This is as a result of lack of discipline in the
market. If a person is good in Psychology he or she will make
profit in the long run. Sometimes lose and feel tired instead of
close the trade and figure out your problem you continue trading
were by wiping your account. Trading is a skill not a luck. You
need to practice and practice until your good for trading. Think
about person learning how to drive a car he learn all the rule
behind driving like wise trading you need to master the rule first.
Trading Psychology involve having a trading plan, the time
you will trade and have rest even if your in lose you will close.
Never to fight market, Avoiding greed ,avoiding over
confidence that you will surely win not knowing market is
probability.

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 www.frankfxx.com
According to my research I discover that people who spend
less time in trading make more profit than people who spend
most time of their day trading . Person who spend less time in
the market feel more relax in is mind than person who spend
most time . this is because trading is in mind not on screen
of computer, If your mind is well organize you will make money
on Boom and crash and other trading pairs.

MONEY MANAGEMENT

Money management play major role in trading. As you can see

it carries 35% that to say without money management your
lack behind. A person who is not good in money management
can lose all his money just in one day. In my research I discover
that even professional loose a trade but because of
money management they still make nice profit in long run.
Amateur do not accept his mistake instead of closing the trade
and lose small then he wait and try to recover were by wipe his
account. Before you start trading think how much your willing to
risk in a trade. It advisable not to lose more than 3% of all your
trading account in each trade.So here I will show you how to
calculate Dollar to risk depending on whatever percent of your
account you choose to risk per trade.
DOLLAR TO RISK = % to risk X account size

Assuming you have a $1000 account and want to risk 3 percent

of your account on a trade, Dollar to risk is simply;
3/100 X $1000 = $30 ; This means that your DOLLAR TO
RISK on 3% of your 1000 dollar account on a trade is 30
dollars.

STRATEGY

Having a good strategy in trading is very important because

you can use it win mostly. There are many strategy out there that
you have seen yet you cannot use it to make profit . According to
my research I discovered that strategy work very well if it suit
the person using it. You can copy a professional strategy and still
lose because it doesn’t suit your trading style. So it good when
your given a strategy test it very well if it suit you . Then with that
you can make profit. Strategy need to be practice severally
before applying in a real account. Here I am going to show you
strategy that use to milk boom and crash.
Here your going to Set moving Average, the advantage
of moving average is that is serve as a.Support and resistance
b. it show the trends of the market if it is uptrend or downtrend.
The 4 Indicator you will apply here is;

1, 200 Exponential Moving average (EMA)

2, 10 Simple moving average (SMA)

3, 14 Relative Strenght Index (RSI)

4, My special Indicator (Optional)

Here your going to set it on your Computer or Phone

You need to download your MT5 software if you have not

done that click this link below
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For Computer you need to go to Insert menu >Indicators> Trend> Moving Average as shown in
picture below

Fig 1

Fig 2 Show you how you can set up 200 Exponential Moving Average
Fig 4 Show you how you can set 10 Simple moving average on Phone
Fig 5 For setting 200 Exponential Moving Average

After Setting Everything your chart will look like this one on fig 6
CLICK HERE TO WATCH THE VIDEO

Summary
It very important for the reader to practice everything said
in this book for atleast one week before trading it on a
real account. Trading is very risk and may not be suitable
for everyone.

For help or Get My indicator

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