How to Increase Profit per Trade 3-4 Times

Hello, friends! I am sure that many intraday traders, and not only them, know the situation when, after an entire day spent in front of the monitor and trading Forex, you come across only 2-3 really high-quality signals to enter the market. You earn your 15-30 points on each and that is all. "That is not enough!" you can very often hear from bold traders. So is it possible to increase the profit from a trade without greatly increasing the risk at the same time? Yes, it is possible.

Whether you are a beginner in trading or have many years of experience behind you, it can be stated with complete confidence that you do not make serious money in the Forex market for two very simple but quite weighty reasons:

1. Approximately 95% of the time the market is in a flat. You can spend hours sitting in front of charts waiting for a big move to add to your trading account. And you can literally wait all day and never see a move larger than 40 or 50 points, which price can travel over several hours. And, of course, when a big move does happen, it always seems that you overslept it or missed some moment to enter the market.

All that really matters is that you spend most of your time watching how your position at some moment moves a little up or down, without bringing any substantial profit worth talking about.

2. The other existing problem is you yourself! I am not trying to insult anyone in this way, however the whole point is that people are driven by greed and fear, especially in trading. If, at the moment when you have an open position, price really moves in our direction, greed takes hold of us and we wait a little longer in the hope of taking a few more points, but then we immediately see the move disappear before our eyes, and in the end we get a small profit or exit at breakeven.

Or, what is even worse, we open a position intending to take 30 points, and when we see that after moving +7 points in the direction of our position, price begins to range for some time, fear takes hold of us that we miscalculated, and we close the position with a miserable profit, and then watch with annoyance as price continues to move in our direction for +30 points, but already without us. "Fear of loss" overcame our greed, and we received a small profit.

Regarding the first problem (the market being flat). Neither you nor I can force the market to move 200 or 300 points during the day.

And now as for the second problem.

Greed and fear of loss can be easily overcome and even used for your own purposes, given certain conditions. We give in to greed simply because we NEED to take enough points from the market to justify the time we spend on trading. Since most of our trades do not satisfy this need, we ultimately waste time trying to squeeze a few more points out of a trade that is, in essence, good, and as a result we lose almost everything.

But what if there were a way to "squeeze" a few additional points out of any trade, even the worst one?

How do you feel about taking 75 points from the market when it moves only 20 points?

Or, if the market moved 30 points, and you earned 105 points from it?

Or, finally, to earn decently when the market moves 40 points, while you made a full 165 points out of this move?

Would that be enough to satisfy your need for points?

Would you like your profit for the day to increase by 75, 100, even 200 points?

Of course, yes.

There is a way, by starting to apply which right now, you could IMMEDIATELY overcome all the negative emotions holding you back, and which would allow you to IMMEDIATELY begin receiving additional profit available to be earned in the Forex market, the existence of which you had not noticed until now.

The utility The Beast will come to your aid! Or "The Beast" when translated into Russian.

The Beast is a program developed for the Metatrader 4 platform that allows you to "scale into" winning positions (add additional positions to the initial position), which will give you a 2-, 3-, 4-, or even 10-fold increase compared to the profit you could get by making just one trade.

But at the same time, by using the trailing stop built into the auxiliary utility The Beast, you can limit your losses so that they will be no greater than they would be if the market moved against your single position.

Our utility is made in the form of an expert advisor that must be attached to the chart of the currency pair you trade. It is installed in the terminal the same way as any other expert advisor. Here are the instructions.

The expert advisor will not trade on its own, do not worry. Its practical use is shown in the video at the beginning of the post.

Opening a position in The Beast program follows the same algorithm as regular order placement. Do not forget to click on the chart, "marking" it, before opening the order.

Within a few seconds you will see the order you placed manually, which will appear on the chart as a green dashed line. A few seconds later you will see a series of green dashed lines. These are your pending orders placed by the expert advisor.

In the upper left corner of the chart with the installed expert advisor there is the inscription "Close All Now". If you delete this object, The Beast will immediately close all pending and open orders.

If you have opened a trade using The Beast expert advisor and then want to open a trade in the opposite direction, you will not be able to do so. Otherwise the expert advisor will start getting confused by its orders.

P.S. The use of the auxiliary expert advisor The Beast is covered in more detail in the video lesson at the beginning of the review.

Respectfully, Pavel TradeLikeaPro.ru