Let me introduce myself,
My name is Sam, I began trading around the age of 21 in the Forex market and quickly became extremely fond of technical data analysis. I quickly began picking up signals inside the charts and using various indicators which I then integrated with risk management techniques to create a complete strategic method of entering and exiting trades in the Forex markets. Although I loved trading the FX markets something was missing and stress began to decrease my consistency.
I decided to take a look into the US equities markets and again, rapidly started to find signals in the data. The one that stuck used only volume and candle charts. A massively simplified strategy. The signal soon became a huge money maker and with the massively decreased levels of stress, I decided to share the strategy and trading signals in an online trading room I set up with the help of a business savvy friend. The trading room was an immediate hit, Reaching 30 subscribers in just over one month, and 60 by the second. A new partnership with a Prop-fund allowed us to leverage the fund and manage it as our own as a white label affiliate which boosted income 5 fold almost over night!
It seemed I was on my way to reaching my dreams of complete financial freedom and my group were making more than ever!
Mid June 2015, on an extremely high volume trading day. We had called out a trade the evening before. A new member had decided to hit it ALL IN and hold over night. While this was extremely ill-advised, he woke up the following day to the tune of $24,000 in profits. This was just a normal guy, he had put his $1000 savings into the markets trying to ''get rich quick'' (an attitude we were very against!). Had the situation been slightly different, he would have been.
Unfortunately that's where things went sour. The fund that we had been affiliating with as a white label affiliate decided to declare they had halted trading on the stock at the time we bought it. This was a lie, and they did this because so many of my members had made so much money from the trade. The whole groups profits on this trade were waived by the fund and It was up to me to inform my members that the collective $240,000 we had all made on this trade over night, would not be paid out due to the fund claiming ''Halted trading''. They had been robbed, and with my name on the white label it was me that took the wrap.
Word quickly spread and within days my member-base had fallen apart. An NDA I had previously signed to join as a white label meant I could never share the truth to my members, I just had to let them assume It was me.
Time for a break(down)?
A year away from trading and I came back to the charts to the INSANE new world of Crypto-Trading and new coins were coming out every day. Needless to say I was buzzing! I Got a new PC and got straight back to the charts and began using all I had learnt in technical and fundamental analysis to start trading the Crypto markets.
Here we are then, pushing forward.
I look extremely forward to creating some informative, highly useful posts on various trading strategies and technical analysis for Crypto-coins and Equities and if there is anything you would like to learn in these fields just ask and I will help. It would be a timeless skill to learn in this lifetime and I'm here to share the love.
If there are Coins/stocks you wish to see professionally analysed, don't hesitate to message me and ill write up a post.
I was never one to give up ;)