XSPY Trader Malaysia

A key concept of the Price Action Manipulation™ strategy is understanding how the markets are being manipulated.

But in order to do so, you should know who the parties are who are responsible for this manipulation.

The key weapon that is needed to move the charts is capital, and lots of it. Hence, these market manipulators are individuals or groups that have very large supply of capital.

These would be banks, brokerage companies, large hedge funds and even certain individuals or groups or people who have large enough capital.

They all have only one goal in mind. To make large profits by manipulating the charts in order to deceive emotional retail traders. For many years, many retail traders have ended up losing their money from the tactics that these manipulators continue to use time and time again.

Happy Merdeka Day! Let's celebrate UNITY power this season.

It is the people that make Malaysia GREAT!

And a safer community starts with you! Let's ignite the Merdeka spirit by staying safe at home.

Fellow Malaysians! After a short break, we are back to holding webinars for you!

Our trainer, Alson Chew, will be conducting a free live webinar soon!

Come and join us for this information-packed webinar where Alson will give you insight on his Price Action Manipulation™ strategy, as well as:

- Analyzing Candlestick Patterns Faster Using Only Price Action
- Entering the Minds of Market Makers to Understand Their Game Plan
- Avoid Falling Into Traps That Market Makers Commonly Use
- Discover THREE Upcoming Trade Opportunities That Alson Has Spotted
- See Real-life Chart Examples Alson Used To Make over 99% Profit Returns In 1 Year

You can register for a FREE seat here:
https://bit.ly/3CLa6MJ

We hope to have you join us! See you soon.

Greed. Let's all be honest with ourselves, it can be an emotion that we fall into easily. If greed has never once been felt by a trader, he or she is probably not being very truthful. Greed tends to happen more with beginner traders who have not gotten burned by it. Experienced traders too may feel this feeling creeping in when they, for example, see their unrealized profits and suddenly have dollar signs in their eyes.

What greed is, is a very dangerous emotion that can lead you astray from your trading plan. Risk management rules seem to fly out the window the moment traders get greedy.

Traders feel this when they have a strong desire to earn as much profit as they possibly can. They chase the idea of locking in high profits and feel like it has to happen no matter what. It tends to come about once traders see that their positions seem to be more profitable than expected. What happens then? They probably think that they can earn even more!

So what does greed tend to push a trader to do?

Well greed is actually formed when the price goes either way. When the price is going up, a greedy trader may add even more capital in hopes of earning more profits! When price is going down, he may open new long positions the moment he feels there might be a turnaround.

Heck, greed might even push a trader to enter a trade that they otherwise might not have even considered before. They FOMO into a stock that they see other people earning a lot of profit from and develop greed to do the same.

So in conclusion, greed is a major threat to one's capital. Sometimes the fastest way to a dreaded margin call from your broker and to an almost empty bank account, is Mr. Greed.

So lets talk about a very common emotion that traders will experience at least once: FOMO! FOMO is an acronym for "fear of missing out".

Ever see a stock suddenly shoot up in price and seemingly show no signs of slowing down? It's the new hot stock that people are jumping into. People seem to be earning so much profit from it!

What do you feel when you see this? A majority of us will feel the fear of missing out on this "golden opportunity" right? STOP RIGHT THERE! This is an emotional trap that market makers want you to fall into.

You are more likely than not to enter at a poor entry price as you just want to get into the trade as fast as you can. Then what is more likely to happen than not? BOOM the price goes the opposite way and there goes your capital! Aiyo stress and sad la!

Even though it is mostly beginner traders who fall into this emotional trap, there are still experienced traders who find themselves in this situation as well.

This is the importance of risk management and the ability to control your emotions. Do not be greedy and simply/blindly jump into a trade that has already shot up in price just because you see other traders earning profits! Remember that the markets are places of infinite opportunities. Just because you miss out on this trade, doesn't mean that there will never be another opportunity for you next time.

We at XSPY Trader would like to wish all of you a very Happy Malaysia Day! We hope that each of you and our country stays safe and together will overcome this covid season!

We hear of all different kinds of strategies and indicators when it comes to learning how to be a successful trader. However, what is one skill that successful traders have that the rest don't?

THE ABILITY TO CONTROL YOUR EMOTIONS.

Successful traders need to be able to cut their losses if a trade does not go their way, or to take profit and not be guided by greed. This is crucial to avoid yourself from blowing most of your capital.

We would like to wish all of you a very happy and prosperous Chinese New Year! GONG XI FA CAI!

We would like to wish everyone a very happy new year! We wish everyone the best in their 2020 trades. May your portfolio at the end of this year show great growths! 😁😁😁

We at the XSPY Trader team would like to wish all of you a very merry christmas!