Ace Gazette is like no other trading website.
The founders believed that trading supply and demand made sense, was easy to understand, hence easy to teach. So our community of traders focuses on only one trading system: supply and demand, and do not try to twist it all day long by adding or remove elements, thus chasing a legendary holy grail. We, at Ace Gazette, understood that the holy grail exists in only one form: hard work and commitment.
How has sharky78 tripled his account?
The Latest AG Trader to earn his next trader rank through his own trading is... sharky78.
Congratulations to sharky78. After tripling his Mate account, sharky78 has earned next trader rank "Gunner" through his own trading.. You can view his Mates trading journal here and new one in "Gunners Practice Trading Journals" section.
Below are a few words from sharky78 about his trading. We are proud of his results and we would like to thank him for being an inspiration to others as well.
sharky78: "First of all, I would like to thank you to have joined AG recently. Though I had heard about this site before but choose to take it 'next time' moment. What motivates me to join was when one of my Skype group was part of the AG team traders. He utilize Demand and Supply using the Supdem and had shown great performance . He even had shown me Mr.Ken trade's chart which has trigger an envy ( in a positive way ). Infest did help shown good example on how simple AG's team been trading supply and demand using the Supdem. Brief Introduction, I am a currency trader that uses Demand supply but manually plotting it on my chart. But with AG had shown they trade Demand and supply with Price action in combination, this has given me more insight as to the possibility to integrate price action more in depth. Hence I discover and learned that Price action is an orderflow process. Demand and supply are turning points for the imbalance of orderflow.
I have been Trading for almost 10 years now, so I think my experience has also given the advantage in adapting quickly to the system used in AG. I like to explore new things as long as it relates to Demand and supply with price action. How I trippled my account is pure focus on process of risk management and mindset control. The system of Supply demand is just 2nd nature and that are govern by trading what I see as not to what I feel seeing. Patience of waiting a good setup with high probability is honing the skill of accuracy. This has taken a lot of screen time and practice, and if everyone focus on their free time practicing and do a pre warm up practice on the charts before looking it on the real live chart, it gives the edge in to be in tune with the market price process ( price action ). All this can be found great example from traders all over the world in AG. I am just happy to be part of their group. I hope everyone will follow the foundation and explore each of their niche in strength and weakness. And finally and importantly, with strict risk management, no matter how much drawdown, you will always win in the end. stick with a small loss and high wins. minimally 1:2 you will get through. You just have to believe you can do it!"
Few other AG Traders earned their trader ranks through their own trading
You can read more about these talented traders here...
Trading Supply and Demand
- What is Supply and Demand?
- What are the laws of Supply and Demand?
- What is Supply and Demand trading?
- How do we use Supply and Demand trading in forex and other financial markets?
Ace Gazette's Trading plan
Our Ace Trader Emene worked on a trading plan based on Ace Gazette teachings, that you can try out in the frame of your practice trading journal. It includes 5 conditions for entries, flexible exit strategies, a couple of indicators to keep an eye with ease on supply/demand levels, support/resistance flips levels and trendlines. It also comes with a template ready for use. The whole package is available for download to our Mates members in the forum.
Plan your trade and trade your plan
"Failing to plan is planning to fail" Proverb
Those of you who have watched 2001 movie Donnie Darko may still remember the tagline "Life is one long insane trip. Some people just have better directions". Indeed, some of us have better plan than others. The ones with better plan and discipline, manage to put their plan in action tend to be more successful than others. It applies to every aspect of our life, not just trading. Read more.
Trading risk management
You may have come across the subject of the Risk Management under different names, such as Money Management, Risk Management, Trade Management, Order Management and so on. Call it whatever you like but one thing is indisputable, it's the essence of trading. The most important aspect of trading. It's almost the holly grail of trading.
It's ironic though, that for new traders, Risk Management is the least important aspect of trading. Everybody wants to learn about best entries and such first. They think that's where the money is. It's human nature; we usually tend to look for the easy way regardless of whether it's the correct way or not. Read more.
Sometimes, some people asks me about my trading rules. My answer is usually something like:
I think I use 5 rules for my Forex trading.
Rule 1. There are no rules.
Damn.. I cannot remember remaining four of them. Ask me tomorrow again. Believe it or not but some of them actually ask again. Read More.
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