{"id":20570,"date":"2023-02-08T07:30:56","date_gmt":"2023-02-08T12:30:56","guid":{"rendered":"https:\/\/www.jeffclarktrader.com\/?p=20570"},"modified":"2023-02-08T07:30:56","modified_gmt":"2023-02-08T12:30:56","slug":"how-i-cracked-the-trading-code","status":"publish","type":"post","link":"https:\/\/jeffclarktrader.com\/market-minute\/how-i-cracked-the-trading-code\/","title":{"rendered":"How I Cracked the Trading Code"},"content":{"rendered":"<p><strong>Imre&rsquo;s Note:<\/strong> If you have your doubts and concerns about the market this year&hellip; then I strongly urge you to join Jeff Clark and I tomorrow to learn about one of the biggest trading breakthroughs in an overlooked sector of the market&hellip;<\/p>\n<p><a href=\"https:\/\/signup.jeffclarktrader.com\/?cid=MKT712277&#038;eid=MKT714406&#038;step=start&#038;plcid=PLC169781\" target=\"_blank\" rel=\"noopener\">We invite you to join our unique presentation<\/a> where we&rsquo;ll go over the strategy we used to help a small group of beta testers secure gains of $2,239&hellip; $1,694&hellip; and $3,560 in as little as just <em>one <\/em>day.<\/p>\n<p>While the wider market has been doing very little, we had 20 winners out of 21 trades during the worst market in a decade. So, <a href=\"https:\/\/signup.jeffclarktrader.com\/?cid=MKT712277&#038;eid=MKT714406&#038;step=start&#038;plcid=PLC169781\" target=\"_blank\" rel=\"noopener\">click right here to automatically join us tomorrow at 8 p.m. ET<\/a> where I&rsquo;ll break down the full results for you.<\/p>\n<hr>\n<p>20 out of 21 winning trades&hellip;<\/p>\n<p>Since I launched my <em>Currency Trader<\/em> advisory last October, I&rsquo;ve had only one losing trade out of the 21 I&rsquo;ve recommended.<\/p>\n<p>It&rsquo;s part of the reason it&rsquo;s become one of the most successful launches of a new advisory for my publisher &ndash; ever.<\/p>\n<p>And it&rsquo;s not because I have a crystal ball.<\/p>\n<p>Sure, I&rsquo;ve spent thousands of hours learning about trading setups that stack in my favor.<\/p>\n<p>More importantly, I&rsquo;ve developed a ruthless attitude to something many traders and investors couldn&rsquo;t care less about &ndash; managing risk.<\/p>\n<p>But that&rsquo;s why most traders fail.<\/p>\n<p>That&rsquo;s a shame. Because I can pretty much guarantee you, that if you focus on the same things I do (including that ruthless attitude to risk), it will greatly increase your odds of being a consistently successful trader&hellip;<\/p>\n<h2 style=\"text-align: center\">Cracking the Code<\/h2>\n<p>Don&rsquo;t get me wrong&hellip;<\/p>\n<p>Learning how to read a chart is a crucial skill. It&rsquo;s also important to have a big-picture view on the market.<\/p>\n<p>But managing your risk is way more important. It&rsquo;s what lets you fight another day if a trade goes against you.<\/p>\n<p>And believe me, trades will always go against you.<\/p>\n<p>Since launching the beta phase of <em>Currency Trader<\/em> last October, I&rsquo;ve scored a win rate of 95%.<\/p>\n<p>Nobody &ndash; <em>and I mean nobody<\/em> &ndash; can maintain that kind of win rate forever.<\/p>\n<p>That&rsquo;s why risk management is key.<\/p>\n<p>Let me show you how it works. We&rsquo;ll use the example of the U.S. dollar and Canadian dollar (USD\/CAD) pair trade that I recommended last year.<\/p>\n<p><em>Jeff Clark Alliance<\/em> members got my buy alert to their inboxes on October 5.<\/p>\n<p>And they got my sell alert, on October 11, just <em>six days<\/em> later.<\/p>\n<p>Depending on account size, those gains were worth anywhere from a few hundred dollars to $3,450.<\/p>\n<p>But a lot happened in between in terms of risk management. Let me show you&hellip;<\/p>\n<table bgcolor=\"#eeeeee\" border=\"0\" cellpadding=\"10\" cellspacing=\"0\" width=\"100%\" style=\"border: 1px solid #D7D7D7; margin-bottom:20px;\">\n<tbody>\n<tr>\n<td style=\"padding-left: 15px;padding-right: 15px; padding-top: 15px; font-family: Arial,sans-serif;font-size:17px; line-height:24px;\">\n<p align=\"center\" style=\"-ms-text-size-adjust: none; -webkit-text-size-adjust: none; margin-bottom: 20px; font-size: 18px;\"><strong>Free Trading Resources<\/strong><\/p>\n<p style=\"-ms-text-size-adjust: none; -webkit-text-size-adjust: none; margin-bottom: 10px; margin-top: 0px\">Have you checked out Jeff&#8217;s free trading resources on his website? It contains a selection of special reports, training videos, and a full trading glossary to help kickstart your trading career \u2013 at zero cost to you. Just <a href=\"https:\/\/www.jeffclarktrader.com\/\" target=\"_blank\" rel=\"noopener\">click here<\/a> to check it out.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 style=\"text-align: center\">It&rsquo;s a Three-Step Process<\/h2>\n<p>I follow the same three-step risk management process with every trade I recommend&hellip;<\/p>\n<ul>\n<li>\n<p><strong>Step 1: Reduce Risk<\/strong><\/p>\n<p>As a trade develops favorably, I&rsquo;ll look for opportunities to reduce risk. This involves raising the stop loss for the trade.<\/p>\n<p>A stop loss automatically kicks you out of a trade if it drops by a certain amount. So by raising the stop loss, you&rsquo;re reducing your downside risk.<\/p>\n<\/li>\n<li>\n<p><strong>Step 2: Take a &ldquo;Free Ride&rdquo;<\/strong><\/p>\n<p>As the trade becomes even more profitable, I aim to remove the risk of a loss altogether.<\/p>\n<p>In simple terms, I&rsquo;ll move my stop loss to my initial entry point. That way, if the trade moves against me, my subscribers get out where we got in and avoid taking a loss.<\/p>\n<p>That&rsquo;s why I call this a &ldquo;Free Ride.&rdquo; This trade is now all upside. There&rsquo;s no downside risk anymore.<\/p>\n<\/li>\n<li>\n<p><strong>Step 3: Protect Open Profits<\/strong><\/p>\n<p>After there&rsquo;s no more risk &ndash; and the trade becomes a free ride &ndash; I shift my focus to maximizing profits.<\/p>\n<p>I&rsquo;ll continue to take partial profits to lock them in. And I&rsquo;ll let the remainder run to capture the maximum gains.<\/p>\n<\/li>\n<\/ul>\n<p>I followed these steps on my USD\/CAD trade. In one day, I was able to eliminate all risk on the trade by recommending my readers take a &ldquo;Free Ride.&rdquo;<\/p>\n<p>It&rsquo;s true that the trade setup I spotted went my way&hellip;<\/p>\n<p>But it was ultimately my risk management strategy that allowed my readers to walk away with as much as $3,450 in less than six days on the trade.<\/p>\n<p>Now, more than 1,200 testers &ndash; including Jeff Clark &ndash; are on track to make a 2,248% return over the next year using this strategy.<\/p>\n<p>And tomorrow at 8 p.m. ET, Jeff is revealing exactly how you can add your name next to his on this <a href=\"https:\/\/signup.jeffclarktrader.com\/?cid=MKT712277&#038;eid=MKT714406&#038;step=start&#038;plcid=PLC169783\" target=\"_blank\" rel=\"noopener\">private trade distribution list<\/a>.<\/p>\n<p>So, if you&rsquo;ve been struggling in the market for the past 12 months, this could be the most important financial move you make.<\/p>\n<p>But time is quickly running out. <a href=\"https:\/\/signup.jeffclarktrader.com\/?cid=MKT712277&#038;eid=MKT714406&#038;step=start&#038;plcid=PLC169783\" target=\"_blank\" rel=\"noopener\">Click right here<\/a> to instantly secure your spot so you&rsquo;re not left behind.<\/p>\n<p>Happy trading,<\/p>\n<p>Imre Gams<br \/>Analyst, <em>Market Minute<\/em><\/p>\n<p><!-- MAILBAG BEGIN --><\/p>\n<h2 style=\"text-align:center\"><strong>Reader Mailbag<\/strong><\/h2>\n<p>In today&rsquo;s mailbag, a <em>Currency Trader<\/em> member expresses his appreciation for Imre&rsquo;s service&hellip; If you&rsquo;re curious about trading currencies and receiving a forex education directly from an expert, <a href=\"https:\/\/secure.jeffclarktrader.com\/?cid=MKT679735&amp;eid=MKT679747&amp;assetId=AST264808&amp;page=3\" target=\"_blank\" rel=\"noopener\">click here<\/a> to learn more.<\/p>\n<blockquote style=\"border-left: 4px solid #ccc; margin: 0px 30px 0px 10px;padding-left: 15px;\">\n<p>Hi Imre, I&rsquo;ve become a huge fan of you since I joined <em>Currency Trader<\/em>. I never witnessed someone as yourself that is so emotionally vested in your passion.&nbsp;<\/p>\n<p>Your fabulous analytic and on-the-money fundamental common-sense approach to not only currency trading &ndash; but stocks, crypto, and gold &ndash; is incredibly educational.<\/p>\n<p>I feel very secure in your hands since you can hit singles, doubles, and the occasional home run. You&rsquo;re always protecting our downside risk and cumulatively making us a steady profit each month!<\/p>\n<p>Thank you and stay well&hellip; because I plan on following you the rest of my life!<\/p>\n<p align=\"right\"><strong>&ndash; Jeffrey S.<\/strong><\/p>\n<\/blockquote>\n<p>Thank you, as always, for your thoughtful comments. We look forward to reading them every day. Keep them coming at <a href=\"mailto:feedback@jeffclarktrader.com\">feedback@jeffclarktrader.com<\/a>.<\/p>\n<p><!-- MAILBAG END --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I\u2019ve developed a ruthless attitude to something many traders and investors couldn\u2019t care less about\u2026<\/p>\n","protected":false},"author":49,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ep_exclude_from_search":false,"service":"","footnotes":""},"categories":[1],"tags":[],"publication":[10],"person":[76],"newsletter-type":[],"ticker":[],"class_list":["post-20570","post","type-post","status-publish","format-standard","hentry","category-market-minute","publication-market-minute","person-imre-gams"],"acf":[],"_links":{"self":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/20570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/users\/49"}],"replies":[{"embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/comments?post=20570"}],"version-history":[{"count":0,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/20570\/revisions"}],"wp:attachment":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/media?parent=20570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/categories?post=20570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/tags?post=20570"},{"taxonomy":"publication","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/publication?post=20570"},{"taxonomy":"person","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/person?post=20570"},{"taxonomy":"newsletter-type","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/newsletter-type?post=20570"},{"taxonomy":"ticker","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/ticker?post=20570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}