Blueprint To Profitable Trading
“If you get up in the morning and think the future is going to be better, it is a bright day. Otherwise, it’s not.” — Elon Musk
Ready To Dominate The Markets?
Look no further. The Investors Institution by VCG Trading has you covered. Keep reading to take yourself one step closer to becoming the confident and consistent trader everyone desires to be. Venerated Capital Group (VCG Trading), is an institution that helps individuals achieve financial freedom by equipping them with skills and strategies, leading them to success. VCG Trading is dubbed as “The Investors Institution” because it has produced competent investors over the years, whether they are college students or seasoned working professionals.
Preston Buhrmaster specializes in providing the industry standards and practical knowledge his students can use to dominate the trading market. Under Buhrmaster’s leadership, VCG Trading has become a “one-stop hub for all things investing.”
Buhrmaster wants to show his students how to earn passive income and make their time and resources work for them, not the other way around. The greatest resource one can have is time and in creating a passive income source through ones investments, your money begins to work for you. The freedom that creating a source of passive income provides will enable you to spend time doing the things you truly love. Freedom is not being tied down to one job, one income source, or even one place. Freedom is being able to do the things you want with the people you love and care for and not having to stress about still getting the bills paid.
Why Build A Blueprint For Your Trades
In order to achieve success as a trader, one must develop a strategy that enables them to trade confidently and consistently. Though it may seem overly simple, creating a blueprint for finding and analyzing your trades is essential to your success in the markets. The ability to analyze your trades both before entering a position and after closing it is what differentiates those who succeed and those who fail. Not only will this push you to take higher probability trades, it will also allow you to begin increasing profitability and scaling your strategy.
Below is an infographic featured on the Venerated Capital Group (VCG Trading) Instagram & Pinterest. Feel free to save and use this as a reference when creating a blueprint for your trades!
Blueprint To Profitable Trading
- Identify The Trend: Is the ticker that you are analyzing trending in any direction? Traders can identify trends using a combination of technical analysis; the simplest being an uptrend or downtrend. The ticker may also be trading sideways, or consolidating, which signals indecision in the market. Using trend lines, price action and technical indicators, one can identify and verify trends before entering a trade. Being able to recognize these simple trends can help you to become a confident and consistent trader.
- Look For Key Levels: Are there there any noticeable levels where trading action is repeatedly occurring? There is often key levels on the chart where one may notice price finding either support or resistance at the given level. Trading the previous days opening and closing levels is also another way to trade key price levels. Support and resistance are of the simplest indicators in conducting technical analysis yet some of the most important. Being able to map out key trading levels will increase the accuracy of your trades tenfold.
- Use Indicators To See If They Align With Your Analysis: Are you considering historical price data when analyzing the price action of a given ticker? Technical indicators are the product of mathematical formulas and calculations that consider the past and present price, volume, momentum or volitility of the said ticker. These indicators are used to spot historical points of trend changes, resistance swings, changes of momentum and much more. You can also use technical indicators as a confirmation tool or to position precise entry and exit points for a trade. Adding technical indicators to your arsenal will take you one step closer to dominating the markets.
- Find A Good Risk-To-Reward Ratio: Do you really want to risk it all? Or do you want to start making calculated risks with each trade? A risk-to-reward ratio is the potential reward a trader can earn for every dollar they risk on an investment. Often times investors use risk-to-reward ratios to compare the expected returns of an investment to the emount of risk they must take to earn such returns. Finding a good risk-to-reward ratio is an essential step to dominating the markets and becoming a confident and consistent trader.
- Refine Your Method: Are you making losing trades? Are you winning and ready to scale your strategy? No matter your track record as an investor, taking time to refine your methods and analyze previous trades is a pinnacle to your success. Our modern world is constantly adapting and changing each and every day; so should the methodologies behind your trades. Analyzing previous trades to review what worked and what didn’t seems overly simple yet it is crucial to dominating the markets. Each trader has their own strategies for success though the best ones constantly seek ways to improve.
Ready To Take The Next Step?
The Investors Institution by VCG Trading trains entrepreneurs, investors, and other individuals looking to make passive income. Preston K. Burhmaster uses his superior insight, analysis, and education to push his clients closer to their goals. As a one-stop hub for all things investing, Preston’s VCG Trading provides highly-accurate trading signals, market analysis, news updates, and other learning resources curated for the modern trader. — Vanessa Campbell; Kivo Daily
Learn to become a confident and consistent trader today. Every student in The Investors Institution is given a huge edge up in the markets through superior insight, analysis and education. What separates VCG from the rest is that its students earn while they learn. To learn more about Preston Buhrmaster’s Venerated Capital Group and how it guides traders to market domination, follow the company on Instagram and LinkedIn or visit its official website.
