About

Learning to trade the financial markets is such a popular trend in today’s tough economy, where so many of us are looking to find other ways to earn additional income, or replace our need for job security with our own independent source of income.

I started this blog as a record of my own personal trading journey and as a way of supporting my delegates. I have now progressed to trading funds privately, and I also contribute trading-related content to Trade With Precision. I have therefore decided to pass this blog over to two equally experienced traders, Chloe and Layla, who will continue to offer support and content.

We hope it will act as a constructive influence for all of you and contribute to your own trading success!

Layla:

The journey from novice to skilled trader is rarely straightforward; disappointingly, this is predominantly as a result of the overwhelming amount of incomplete and frequently conflicting information clogging up the internet. My own initial experience was frustrating and demanding, but fortunately I was too financially invested to walk away

Technical chart analysis is a visual discipline which requires accuracy and the ability to convert multiple streams of information into a conclusive course of action. I sensed there were essential components to reading a chart but finding and deciphering which key elements to prioritise seemed unnecessarily mysterious.

It wasn’t until I sought consistent mentoring that I ultimately began to understand why coaching is so vital to the advancement of anyone who hopes to develop an organised, logical, repeatable process in their trading. Feedback and guidance from an experienced person keeps you on track and accelerates your progress.

Before you can master trading you will need to master chart analysis and then yourself. In short there are no short cuts; committing to high quality education and support is critical to success in anything.

Through our blog we will endeavour to impart simplicity and clarity to common trading issues, helping you to reach new levels of confidence and personal success.

Chloe:

Four years ago, I left my role as a research scientist in order to pursue trading full time. Although this wasn’t a straightforward decision, with persistence and determination, trading now enables me to earn a living whilst allowing time for my many other interests, which simply wasn’t possible with my conventional job.

In my experience, one of the hardest parts of the journey is in overcoming the psychological aspects of trading; from emotional attachment to money, to lack of motivation and self-belief. It is almost impossible to become consistently profitable without breaking through these psychological barriers, which afflict most of us. With the right mental attitude, I believe anyone can achieve their desired financial security and career potential.

Psychology aside, my background and education as a scientist gives me an analytical, rational and methodical approach towards trading and market analysis. Having been on this journey myself and learnt the hard way, I have decided to share my knowledge through this blog in order to help people reach their trading goals. There will be something here for everyone, from complete beginners to those with some success, looking to take it to the next level. I will regularly post ideas, analyses, suggestions and educational material, so check back often and join us!

Chloe x

31 thoughts on “About

  1. Hi Adam,
    I was disappointed to see you are no longer doing the mid week market focus at Learn To Trade. I have found your content, delivery and insight an absolute inspiration and will follow your blog with great interest. I have always looked to see which trader was doing the MWMF every week and have known it would be a gem when I saw your name at the top of my screen. I wish you all the success and happiness for the future and hope to aspire to the levels of trading success your inspirational coaching deserves.

    Take care,

    Best regards

    Kevin Bates

  2. Hi Adam
    A shame to see that your are leaving, but good luck to you in your new endeavor
    I took the forex ultimate profits course back in Nov 2011. After going live my trading was a disaster and unsuccessful (looking back I can see the mistakes I made) However it was one of your mwmf videos on snipers and pivots, that’s 100% behind my success and consistency now. I found your delivery and explanation such a revelation and it certainly helped removed the clouds, things that I found frustrating and challenging – thanks again

    • Hi Wayne
      Have you still got a copy of the mwmf that Adam did which was so helpful. If so i’d be grateful for it or alternatively the rough date it was posted at K2A.

      Thanks and happy trading

      Kevin

      • Hi Kevin

        Just seen this, if you still need a copy let me know. It was posted to be exact Feb 20th 2013

        Regards

        Wayne

      • Kevin

        I tend to download all the MWMF vids,least the ones that cover pivots, snipers, income gens etc and keep them for reference and I regularly refer back to them

        This is a link to the vid I am referring to uploaded

        20th Feb 2013

        If you have any problems let me know

        Regards

  3. Adam,

    I have been following you from Cyprus for the last few years and am very sorry that your MWMF presentations, which are by far the best, will be ending. Clearly, real talent and dedication will always shine through and you totally deserve the new opportunities that you are pursuing. Very best wishes with whatever you do.

    Regards

    George Klokkos

    PS Let me know if you are ever in Cyprus as I would like to buy you a Keo!

  4. Hi Adam

    Have enjoyed every one of your presentations over the years…luckily have saved them all onto an external drive for reviewing every time I slip off the rails trading wise! Get’s me back on track every time!

    Am very interested in Auto trading on the MT4 but writing EA’s is not my strength unfortunately…I have very specific requirements for that…so anything on your blog to address that issue would be gratefully appreciated.

    I am reminded of that saying “once the mind is expanded to embrace a new idea, it can never shrink back to its original size.”

    So, I say go in whatever direction that spurs your new ideas…you can only grow from that experience!

    I should know… am approaching 77 and my trading is much stronger today than when I started 55 years ago.

    Kindest regards from down under (Sydney)

    Jase

  5. Hello Adam, first I’d like to congratulate you with the new job, I am really gonna miss your midweek market analysis in K2A, but life is what it is ..moves on. I have a specific question..When trading pivot points do I have to see cyclicity on 4H chart, if seen a clear signal on the daily, or I have to wait to see clear cycle on 4H chart before considering a trade from the pivots. I am talking technical analysis not , signals on the e-signal.
    Thank you.
    Doychin

    • Hi Doychin,

      Thank you very much for the positive feedback- If you focus on charts where the cyclicity on 4H and 1H is good, you will win most, if not all of your pivot trades, yes. Ads

  6. Hi Adam,
    Congratulations for your new job.
    If possible could you send me that file Kevin Bates is looking for? i woul love to see it also. Thank you Adam all the best for you.
    Carlos Reis

  7. Hi Adam,

    No I haven’t managed to get the required info. Hope all is well with you and you have a great weekend.

    Kevin

  8. Hi Adam,

    I have managed to find the reference I was looking for it was posted by Wayne on the 8th of May and he was referring to one of your mwmf about snipers and pivots but didn’t mention the date it was done. Hope you can help as this is a really weak area for me and consequently I concentrate on the income generator strategy and longer term trades.

    Whereabouts in SA are you from? I have friends living near Vereeniging.

    Take care.

    Kevin

  9. Hi Adam,

    Hoping your new job is going well, but I don’t like the sound of those long hours you have to work. Be careful not to burn out!

    I have a few queries, and wonder if you would be kind enough to give me your views please. I’m 8 months in to my Unlimited Wealth course with LTT/K2A. Therefore I’m currently using ETX and eSignal. Viewing the links you’ve put up recently introduced me to Tradestation, as both a trading platform and a charting package, and having learned a bit more about Tradestation, I have to say that I’m pretty impressed, and seriously considering changing to them.

    Do you use them now, and if so, can you comment either for or against? If I switch to them before the end of my UW year, is it likely to cause any problems for the rest of my course? I’m thinking here particularly of the automated trading angle, which I have not yet been on a course for, so don’t know much about.

    Missing your MWMF slots, and hoping to hear from you soon on this matter,

    Best wishes
    Nigel

    • Hi Nigel!

      I promise to be careful, and enjoy the job first, and not burn out 🙂
      Definitely try out Tradestation if you can- the pro is that the charting system and the broker is built-in, so you would not need eSignal, except to use to get K2A trade signals from the eSignal indicators, and the con would be that they might want a minimum deposit to open an account for you. I currently use Axitrader, but I also have an account with Interactive Brokers and IG Index for various practical reasons. My next choice aside from IG would definitely be Tradestation.
      The only issue could be if you are getting a live account from Greg to trade with as part of your UW. If this is the case, ETX is the broker for Greg’s accounts.
      Hope this helps- have a good week!

  10. Hi Adam
    Like everyone else who has commented above I am really missing your great MWMF presentations. For this reason I am especially keen to be able to see any of your comments and advice as presented in The Trader’s Diary. The last one I have is July, not found one for August. Is this because I am being my usual computer numpty or has it not been done yet. Very best wishes for your future successes and more importantly, happiness. Best Regards Peter Kenyon

    • Hi Peter,
      Thank you for the very generous feedback. Although I’m working officially on a trading floor now, at some point I will definitely be returning to mentoring, as I find it good for the soul. Stay in touch.
      Ads

  11. I live in the UK and I want to trade. At what level would i need to pay tax. meaning when do I have to pay tax? and will it be debited from my account from my account I know there has been changes to the Spread betting law will this affect me… Or can you send me a link to where I can get more information.

    • Hi Michael,
      Good question- Importantly, I’m not qualified to give you advice, but I’ve heard that typically, declared trading profits are taxed at a capital gains rate in the UK. It’s best to speak to a tax lawyer about structuring a vehicle for you to legally optimise your taxes. It’s possible that depending on your personal circumstances, your taxes could legally range from as little as 5% to the full 20%. Also, out of interest, check out http://www.taxcafe.co.uk

    • I’m still living in the UK, and I investigated trading through a UK corporation to manage my costs more effectively.
      This year, I’ll look at trading from an offshore corporation, likely Guernsey, but will still pay taxes to the UK, just hopefully less than I do now, but I’ll be able to sleep at night knowing I’m not crossing any lines. Whichever is the smallest amount, but still legal in HMRC’s eyes.
      I don’t trade using spread-betting accounts- I only trade CFD’s or straight-to-market. I find the profits and/or performance of my account is better for some reason, and then I just structure my personal taxes efficiently.

  12. Hello Admin,

    Richard from London UK, I am getting offers from family and their friends to trade for them (Forex UK spread betting). My returns on my live account is 5 to 6 percent per month. I would like to know what license I would first need to obtain before I can do this. For example I follow Greg Secker’s story where he started trading from his living room floor with mates, did he get a UK license to get where he is today. If so which one, and do you have any form of qualification which you could recommend to me. I have been looking at the CISI in London to get FCA regulated but is this necessary.

    How do you guys work for hedge funds from a knowledge to action qualification and start managing money. Is it just based on the portfolio returns?

    Here are two interviews by Greg Secker, where he is saying goodbye to an ex-coach as he is now going to work for an investment firm managing a multimillion pound trading account

    These are the things that I want to do, but I just don’t know how or where to start

    Jason@
    mzx81@gmx.com

    • I too have the same question as the above comment from Marc 🙂
      Any insight from you Adam would be delightful.. I think for the most of us we are wanting to know how do we go about structuring and obtaining licenses to trade for private clients.. As you are living the dream; in your experience what have you seen and what do you recommend.

    • My reply here is in relation to a series of similar questions raised by more than a few of you. Please note, I am not qualified legally to offer financial or tax advice, so please consult a professional to make sure you can achieve your goals. Having said that, my experience is to break the process into 2 parts:
      One is your own personal tax structure, which may or may not include company structures to offer your services. (taxes)
      The other is the execution structure and delivery mechanism for your trading- this is your platform and/or broker. (regulation and delivery)

      I don’t at this time believe that every broker can provide the services you need.
      A broker’s role in a fund is to provide the trade manager with speedy, reliable access to the market. (liquidity and market execution)
      At my level, I need to trade very large amounts, in excess of £20,000- 100,000 per pip (300+ lots), with incredibly tight spreads- not every broker can actually do this. I also prefer to use a broker that passes my orders straight through to the banks, without a dealing desk.

      I’ve had good experiences with:
      Axitrader (still using)
      Admiral Markets (still using)
      Think Forex (still using)
      Interactive Brokers

      I’ve not had good experiences with:
      ETX
      FXCM

      I’m sure there are plenty of decent brokers out there, and spreads are improving all the time. I would generally negotiate Pro-rates on selected pairs that I will trade the most. It is beneficial for you to be open with the right brokers about what you like to trade and how much volume you believe you will do per month- this helps them create a service for you; a win-win for everyone.

      Your fund will need to be regulated at some point- I believe it’s possible to trade some small amounts for family without regulation, but once you start soliciting clients or promoting your services, regulation will need to be considered, for both your benefit and your clients. Regulation keeps you tidy, and protects your clients’ funds to a degree.

      Please note: Just like insurance sales people, regulators can often over-regulate you, and being over-regulated is stupid and unnecessary- the regulation depends on the structure and services of your fund, and location in the world, where different regulatory bodies work.

      Your company, yourself, and your clients will all be held responsible for paying taxes. As a general guide, profits from trading are taxable under capital gains at least, and losses have to be included. In many cases, it may be most sensible to trade through a UK company, where the corporation tax is actually nice and low, and legal.

      You will also have to plan and negotiate your own profit-share agreement with clients.

      Funds can be pooled or segregated and MAM (Multi-Account Managers) can be used to segregate client’s funds, which is more professional, especially where your client’s money is more important than your own. These fund structures change by broker/location/regulation/structure.

      Something I considered was opening a MAM account with a broker aware of my trading strategies and volume. Each client would sign an LPOA (Limited Power Of Attorney) allowing me to trade their funds with an agreed profit share. I would only receive profit-share on profits made, not losses, obviously. But, in this case, I still have to pay capital gains tax on any profits made in the UK. Each client has their own account, with private access, and they are responsible for their own taxes.

      I believe the FCA offers classes on regulation that you can attend. http://www.fca.org.uk/firms/being-regulated

      At this point, I suggest you research further independently and see where it leads you.

      I hope this helps,

      Adam

      • Great article Adam thanks for going in to detail on this matter.. Any reason why you did not have a good experience with ETX or FXCM? I currently use them both and was thinking about moving, but now reading your comments maybe I should. Is there any particular reason for leaving these two brokers?

        You can get me on Mzx81@gmx.com

        Peace!

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