“My starting bank was £5,000 and it now stands at £19,000 using just 3% of my capital per trade.”
“To anyone who is finding it a challenge just keep with it because this has to be the most powerful method I have seen in 20 years and probably one of the most simple.”
In this blog I’m simply going to paste the email I received yesterday from one of your fellow Flag-Traders, Richie.
Like me, Richie is a fussy trader and when he emailed me last week to tell me the trades he’d entered I knew he was going to have yet another great week … and so it proved!
This kind of success is within your grasp. Please seize this opportunity, even if you take your time at first.
Read Richie’s full email below:
A quick update on where I am at present. I had been fairly quiet until a couple of weeks ago when I entered 4 nice looking flags these took a while to take off but are doing nicely at present.
LVS: Entered @ 11.90. Taken profits and still riding down.
THO: Entered @ 18. 57. Taken profits and still in with partial position.
WBC: Entered @ 20.85. This was a slow burner but over the last few days has moved nicely into profit not far to go now for first profit target.
IOC: Entered @ 9.41. Another slow burner still not quite in profit but going in the right direction and have tightened my stop up.
Last Monday I did a search on flag trader and I found just 4 lovely looking patterns and these are the results:
HOG: entered @ 23.90. Profits taken and still riding down no pun intended!!
ENR: entered @ 56.20. Again a beauty, first profit target hit today may have to exit due to earnings
REG: Entered @ 39.17. First profit target hit and still in the trade
PII: Entered @ 29.11. Approaching first profit target
To anyone who is finding it a challenge just keep with it because this has to be the most powerful method I have seen in 20 years and probably one of the most simple.
My starting bank was £5,000 and it now stands at £19,000 using just 3% of my capital per trade.
Regards and thanks again
So folks, that’s a normal guy with a small initial trading bank who’s made 300% in just one year. Imagine what his account will look like next year if he keeps going at this rate … that’s right, almost £80,000 if he keeps up his progress, from a starting point of just £5,000.
I also happen to know that Richie actually only had £2,500 into his trading account at first, but had allocated another £2,500 in his bank account as trading collateral. So, quite rightly he only ever risked 3% of the £5,000 on any one single trade.
I trust this is useful to you. I’ll be back with another broadcast soon.
All the best