Sniper trading strategy. Mastery of strategy. A sniper will train for years to sharpen and perfect his or her shooting skills, and a sniper knows exactly what their target looks like and pulls the trigger without hesitation. Similarly, you will need to “train” with the particular Forex trading strategy you choose to employ in the markets so that.

Sniper trading strategy

Income Sniper Trading Process

Sniper trading strategy. This strategy takes advantage of a simple 20 pip move in the morning. It yields about Forex Sniper Strategy.

Sniper trading strategy

He has a monthly readership of , traders and has taught over 20, students. It took me at least 2 days of brain power and probably 20 coffees. Please pay it forward, share it with others. A sniper in the military has an edge over his or her enemy; their edge is unwavering patience, mastery of their weapon, and the ability to remain consciously in control of their mind and body for long periods of time in high-stress situations.

We can apply these same concepts to Forex trading…. Forex trading is very similar…you need a trading edge weapon , you have to master this edge, you need to develop and maintain rigid self-discipline and control, and you have to execute your edge flawlessly in the face of constant temptation to over-trade and over-leverage.

Now, trading is nowhere near as stressful as war, but it still requires conscious control of mind and body. One of the things that we traders can learn from a sniper in the military is that in certain situations less is indeed more.

However, it is very common for beginning traders to feel that more is better; more Forex indicators , more trades, more analyzing, more money on useless trading robots, etc. What is the result of such misinformed beliefs? The result is almost always over-trading; indeed, most beginning Forex traders are like machine-gunners; spraying bullets money at everything they deem to be a trade and likely causing more damage to their trading accounts than good.

The first step that you need to make if you want to trade more like a sniper and less like a machine-gunner, is to truly accept that less is more in Forex trading. Just like a sniper waits patiently for his or her pre-determined target to come into view; you need to learn how to wait patiently for your pre-defined trading edge to show itself in the market.

These targets are price action setups, and you should think of them as higher-value on the higher time frames, because in reality the higher the time frame the higher-probability the setup becomes. This is the primary reason that trading higher time frames drastically increases trading success.

Think about it this way; a sniper is on a pre-planned mission to take out high-value targets that can change the course of a war, and in Forex trading you should be looking for the highest-probability trade setups that can have the greatest positive impact on your track record.

Machine-gun trading the lower time frames is not going to do anything but cause you to lose all your ammo or money a lot faster than you think. There is really no sense in ever trading any time frame below the 1hr chart since the value or probability of the targets or setups decreases dramatically as you move lower in time frame.

You want to stick to the high-value or high-probability setups of the daily chart as much as possible, and especially while you are still learning to trade. Most beginning traders lose money in the markets, and most beginning traders are also anything BUT patient.

See the connection here? A sniper will train for years to sharpen and perfect his or her shooting skills, and a sniper knows exactly what their target looks like and pulls the trigger without hesitation.

Mastering a trading strategy begins with education. If you choose to employ high-probability price action trading strategies, I can provide you with the Forex trading training you will need. However, you must put in the time and effort to learn and master it; I cannot do this for you. You need to be realistic about this, it will take time; it takes time to become a master at anything, and Forex trading is no different. But, if you put in the necessary time and take advantage of the insights discussed in this article, you will begin trading like a sniper sooner than you might think.

Sniper-like Forex trading breeds confidence and discipline. The more you strive to trade like a sniper and less like a machine-gunner, the more your Forex trading confidence and discipline will improve. This is because you will be rewarded for patience, and as you start to see your patience pay off over time, you will want to maintain it. It is the initial stages of developing a sniper-like Forex trading mindset that most traders fail at, usually because they do not understand the power of patience and discipline.

The problem with this mindset is that you can never control the market, in fact, the more you try to control the Forex market the more it will actually control you. The only thing you CAN control is yourself by learning to trade like a sniper, and if you do this you will significantly increase your chances of success as a Forex trader.

Patience truly is the key to be a successful trader. Superb Nail; you remind me of my grandfather he use to tell me that he use to wait for days in the forest waiting for the pray to come; the only one thing he was sure of was his target and that when it comes he will have no doubt but only to pull the trigger. Hi Nial, I think this is one difficult task to master.. But if it will change my trading to right direction I am willing to do it. I just start trading this January Thank you for this article so I can start right..

You have my attention. Knowledge is the key. Your course will give me a new trade. Now it is up to me to put the time in and learn this new trade. Finally, a straight up, concise no BS site that will enhance my life style over time. Thanks for sharing your knowledge. Damn Nial, where were you at when i started trading last winter haha. Thank you for the inspiration and correct methods for trading. Hi Niel, I wonder to consistently make profits in the market.

Cause as we know, market moves so fast up down. How do we suppose to imply the connections between fundamental and the use of TF Time Frames accurately. For instance,once we enter market with higher TF Daily D1 which indicates the pair to drop,it likely market moves against our expectations. What and how exactly the right way to read the TF..

How long it takes for the TF D1 to hit our Target? I never was a sniper but as a fisherman I am ready to subscribe to your every word from this article.

Trading likes fishing too. You never know — catch fish or fish eat the bait often with tackle. I know only one way to be a patience — LOVE! If you love fishing trading in mind — you will be a patient, careful, prudent and so on.

But to became successful trader all this is not enough. Thank you once more — with deep reverence and gratitude,. For an older article it is definitely one of the most useful and has turned my trading performance completely around. Hi Nial, Very helpful article and has changed my overall view of how i should be trading….. If you are close to your target, through a scope they will not only get nearly impossible to hit, but you will have a hard time even spotting them.

Thus, from a greater distance zooming out to higher timeframes you have all the overview and a lot more time to squeeze the trigger. Thank you so much for coming up with analogies like these overall, they wield incredible explanatory power. Dear nial,, very effective useful article, really i learned the value of patience. I still believe that the lower timeframes are helpful to find low risk trigger entries, but the setups should be based on the higher timeframes over 1 Hr.

Sniper trading will also lower your commissions, which naturally will add up over time if you over trade. I will i mean i will never trade a lower timeframe like in the past again. Thanks once again Nial,u really are a great life changer.

This is the MOST inspiring and transforming article i have come across this period, this course made me add FXsniper to ma social network handles. As i was going through this article, i can see myself thru it like a mirror, my mistakes were made manifest by the article, in fact, i see some reasons why i am failing in the forex trading.

From now, and I repeat, from now, I will increase my patience like a sniper to capture my target pips. This is better than any strategy. My view is that once each or one of us has hit our 3 trade a week limit, that person should stop trading even if it is say Wednesday and there is still Thursday and Friday to go. For me that defeats the purpose! The way I see it is that if one of us has used up our trades early in the week, and the other person still has 3 trades left, the other person should continue trading but the person out of trades should stop!

She says that if all her 3 trades have been good, why should she not be allowed to at least show up to the market to see what is available. From Now I will Trade better. Thanks for this eye opener. In fact, lack of patience has been my main course of failure; I always think like a machine-gunner. Thanks again and keep opening our eyes the newbies. This is definitely another hit with me.

This has addressed much emotion battles l encounter. Really patience is sweeter honey, of course, honey from the combs. I have come across your name and website several times on the net but somehow I have never neither been attaracted to read any of your articles nor consider your trading styles and systems and courses.

But the Title caught my attention like a lightning and aptly descripe my weakness. Thanks again, and I hope you continue to provide other articles. Much wisdom in this. Hi Nial,i want to thank you for great advice that you share with others,i want to say that i tested many trading systems and very expensive ones in more than a year,but i soo the simple system work best,keep it simple,KISS.

Nial, you are truly excited about this lesson and rightly so. The Sniper analogy is great. Patience is still the glue to any and all strategies. Thanx for the article, very clear and useful… now we have to do the complicate stuff: This one was particularly good for me.

Wont go into the reason but very nicely done and I will read it again. Basically, patience is the key for me. By the way, I think it is cool that you ask members to leave a comment but sometimes it seems you are looking for attention. Your articles are great and if somebody is going to comment they will, weather you ask or not.


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