NEW E-BOOK: HOW TO TRADE TO MAKE PROFITS

NEW EBOOK
 
How to Trade to Make Profits


My Personal Rules

A proof with a real Account Statement and Real-Time Trades of how to make profits with the right attitude
 
By Daniele Prandelli

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How I turned 40.000 USD to 64.000 USD in 3 months, +58%! In this book I give you my Activity Statement with almost 1000 trades in the Futures Market. Read below for details.

Below you can read the Introduction section of the book, something that can make you understand what this book is about. I want to underline that I’m not teaching how I build the PFS or how I make forecasts, or how I calculate mid/long term prices and Key Prices. But this book can open the mind of who wants to be a trader, because here there is in my opinion honesty by someone who is doing this job as a real job, with the goal to make profits, not just forecasts. I explain the approach, the main concept of what I think we have to do to trade, and also I show my Activity Statement where you can see all the trades that I have done to turn 40.000 USD in 64.000 USD in 3 months (+58%), and there are not just a few trades but almost 1000 trades (I really don’t know how many they are). So, I don’t think this is luck, it is just a good attitude following a precise strategy with discipline, without losing self-control. So, with the Activity Statement you can really see how I manage the trades, and to be honest with you this is something rare to see. There are also intraday charts (more than 100 pages) where I show every day for one month every my trade, I did it in real time, saving every chart at the end of every day for that month, plus there are some intraday Charts about trades I have done in August, trying to make you understand the intraday rules that I have explained. 

The price of the book is 250 USD (NOT ANYMORE: SUBSCRIBE NOW THE DAILY REPORT & GET THE E-BOOK). The book is in PDF, 210 pages.

Bear in mind I’m not a writer and I’m not an English mother tongue, so, if you don’t understand something, just text me and I will explain everything. With the book I give you also updates whenever I feel I have to explain something more about my strategy. I have written this book for my closest subscribers after seeing they had troubles to understand how to follow my work. I'm not a marketing guy, I prefer to look more at the substance than looking at the appearance, this is exactly what I have tried to do with this little but powerful e-book.
Every book is coded and it is for the only use of the buyer.

INTRODUCTION

Considering many questions that I use to receive, I have decided to write a little book (but then it became quite big) where I share with you many aspects of my work, so you will not have doubts any more about what you have to do following my studies (but the most important question is: are you able to do what you know is right to do?). I went through my way to calculate the most important prices that make me understand the right trend to follow, I did it in the first book, “The Law of Cause and Effect”, then I have published the PFS book, with the tools that I use to make forecasts into the future. With the present book, I complete the management side, how I open intraday trades, which rules I use, and most of all I show that we have real profits following all the rules. Whit these 3 courses I think I achieve the purpose to give a full real strategy and forecasting system to make real profits with the Financial Market.

I don’t really want to be mean or arrogant, but you can ask to yourself this: how many people do you know that are able to make money in the Financial Market with speculation? I mean real money, not test or something else; I’m asking you if you have seen it with your eyes! If I have to sell a product, don’t you think that the best way to do it is to show a real Account with real money and real results? Ask to yourself: why there are so many services, books, “experts” or “guru” but never a real account? (I’m not saying that it doesn’t exist, of course it does, but how many? This is just what I’m asking you). Because I can make a good forecast but it doesn’t mean I’m able to trade it. Does it sound strange to you? Well, if so, in my opinion you still have to learn a lot about real trading. I have seen so many trading systems with huge profits during the back-test, but failing relentlessly during the real market with real money. Probably the trading system is missing something. Apparently I’m not teaching any new technique about how to make a perfect forecast, to calculate a perfect turn, perfect prices (well, there is something you can learn if you read it carefully). But again I’m asking you: why so many books show techniques, tools etc. but there are still so many people that are not able to make money after studying all this stuff? In this book I want to fill this lack, giving my solution and giving you real results, I’m saying REAL RESULTS.

What I’m going to say will be a sharing of my personal experience with this job, the trader, why I went through specific conclusions, and which are my personal solutions to achieve the main target: have profits with a speculation activity. There are not absolute truths in what I’m going to say, and I don’t think my method is the only one that produces profits, it is just the only one that I know, and considering I have realized that making profits with the speculation is something really hard not just for me, in spite of plenty of advisor services that at the end are useless, I think this book has an immense value, even more than every book that speaks about technical stuff. I’m going to say what I really think, but I will never pretend to be right. I’m telling you: in the end there is only one thing that is important, the results, the numbers, the real numbers in the Account, not the results on a excel spreadsheet, and I think that no one can object it. I won’t mince words, and it is possible that someone won’t like what I say, but I repeat that everything I’m saying here comes from just my personal experience. My personal life and the trading one look to grow together, and in the last months I have figured out that the knowledge without experience is worthless. To this end I like to quote Richard Feynman, physicist, he has said:

Learn from science that you must doubt the experts… Science is the belief in the ignorance of experts. When someone says science teaches such and such, he is using the word incorrectly. Science doesn’t teach it; experience teaches it. If they say to you that science has shown such and such, you might ask: “How does science show it – how did the scientist find out. How, what, where?” Not science has shown, but this experiment, this effect has shown.

I like also what Buddha has said: “But we are to believe when the writing, doctrine, or saying is corroborated by our own reason and consciousness. For this," says he in concluding, "I taught you not to believe merely because you have heard, but when you believed of your consciousness, then to act accordingly and abundantly."

This is exactly what we have to learn in the matter of trading as well.

I didn’t write in a cryptic way, there is no Gematria or whatever can make it a secret book, I have just tried to write it in a simple and clear way, all the rest is inside of you and you must find it out. This book proves that we are the only cause of our losses, mistakes or unluck, and to show it in a straight way is very important, because I’m going to prove it with my real trades from my Broker Account. I want to underline that what I’m going to say is not an absolute truth, this is just my point of view, my personal life with trading, and it is just an experience sharing. It is just because of my experience that after more than 10 years I have seen probably just 2 people proving to be able to have constant and real profits. And so, with this book, I want to be the 3^rd, describing all my trades that I have done with Future Contracts of the S&P500, Corn, Gold, and Soybeans. Every trade has documented in my Activity Statement, you can go through all the trades that I have done in these 3 months, and believe me, I did a lot of trades, not just 10 or 20, I did probably almost 1000 trades, and they are all here, I show all of them to you with my Activity Statement. I don’t know one book that did it before. I’m going to show some trades that I have done during August with intraday real-time charts, to make you understand how I use the rules that I’m teaching here, and we will take 1 month where I show and describe every trade, using for every day a real time intraday Chart for every Market that I’m trading, it means S&P500, Soybeans, Corn, and in some cases Gold as well. I’ll show you that what we make hard is in truth really easy, but we have to know ourselves to make it easy, this is the key, and we will go through this stuff. With a real time trading we can experience the psychological aspect, the strategy, the right approach and attitude that we need to turn our study in profits. Do you still think it doesn’t worth?

Don’t expect from this book that I’m teaching how I make the forecast or how I calculate my prices, for these things there are the other two books, and maybe you already have your way to make forecasts or to calculate the important levels. I’m here now to turn your work in profits, and to do this we have to find our “Center of Gravity”. To be specific, here I’m going to explain how I open and close my trades, how I manage them when I have to trade for real with my signals, how I create a strategy that has a good risk/reward ratio. In my opinion there is a big value in showing you my real Activity Statement because in this way you can see which my approach is for real. I show the secret of constancy and discipline.

I think that this book has much to give, making you become aware of some aspects can really change forever your approach to the trading if you had losses so far or if you weren’t consistent in your trading. You can stop making mistakes, I mean the big mistakes, accepting the reality and becoming aware that if you haven’t been able to do it till now, it doesn’t mean that you cannot do it, because if I can do it, you can too. Looking back to my path of trader, only now I see how I was lost, I didn’t have my Center of Gravity, I didn’t have a precise idea of how I can produce constant profits, and sometimes I miss it as well, it happens, we are humans. I had many studies in my baggage but nothing more and it wasn’t enough. Only now I can see it.

Going through my work you see that sometimes I have been unlucky, the Market did movements that made me lose money, but maintaining a proper discipline, in 3 months we cannot be always unlucky,  because in truth the unlucky doesn’t exist, it is just a matter of statistic. We will analyze the strategy, how to stay calm following the rules, how to take advantage of different situations. It took a lot of time to write this book, saving all the intraday charts, but inside of it there is also the time I took to realize what I’m going to write here, I lost a lot of money before becoming aware of what I’m saying.

It has been quite hard for me to project this book, first of all I’m not a professional writer, and in the previous publications it was easy to describe technical stuff, numbers... but here I tried to go over the technical aspect to achieve something even more important that is so hard to explain for every good trader. I’m speaking about the right attitude; know that we don’t know; the patience linked to the courage; the discipline with the good sense; the discipline linked to the climate. It doesn’t happen that one morning I wake up and I know what the market is going to do, but I know the rules I have to use. Everything can happen, nothing is sure, EVER, but we know which the proper approach is.

As you can see, putting together all these skills to be a good trader is quite difficult to explain, but I have tried to do my best with the support of real trades, describing mental conditions following a precise strategy. The difficulty to explain my approach to the trading is that I want to make you feel like you have the view of all these stuff in the same moment. For a purpose of order I had to divide this work in Chapters, but also in this case it wasn’t easy: to achieve the purpose of this book, we have to keep in mind every aspect at the same time, something not easy to do in a book. For this reason I suggest to read this book more than once, to be able to have a wide consciousness about everything while we trade. This is the consciousness: have the big picture in just a moment, even if the big picture includes many aspects.

The work goes through the explanation of my main concept that I use to build my trading approach on, then we investigate the emotional approach, a very important section. After that I show my personal rules that I use to trade in intraday with my Key Prices and other aspects of my personal trading. The last Chapter shows a real-time section where it is possible to see every my trade from 26^th of September to 25^th of October 2013 with real intraday charts, a way to show you how I use my system for real, how I use the rules that I have showed in this book, and actually these rules gave me the opportunity to make very good profits. I have showed also some trades of August where you can understand how I use the rules explained.

At the end I have added an Appendix where I explain how to read the Report. There is an extra file, a PDF file that is the complete Activity Statement from July the 23^rd 2013 to October the 25^th 2013, with all the trades I have done in this period. This file is in my opinion extremely important because with it you can understand how I trade, it is enough to see all my profits and all my losses to understand my approach, and with it you are going to realize which is my secret, the one that I try to explain in this book.

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PRANDELLI 2014 FORECAST BULLETIN

In his course, Gann said:

"You should never buy a method from a man who has not made money with it". 

So, I think can be nice to show my trades from a real account. This is my Account Statement from July the 23rd to October the 25th, 3 months of work. You can see also the profits/losses that I made in every Contract of the S&P500, Gold, Soybeans and Corn.

In 3 months I had a performance of +58%, starting from a capital of 40.500 USD and finishing with 64.300 USD. Now I'm telling you something: there is not just the FORECAST in this work, but there is also a STRATEGY, DISCIPLINE, PATIENCE, COURAGE!!! Everyone is looking for the perfect forecast, always, they don't want to spend time, they just want to make money. If this is your case, make a favour to yourself, stop trading, because this is a real job! Or go on, become part of the 95% of people that invest money into the market: losers. I'm sorry if I'm so direct, but today I feel I want to say what I really think. It is also in your interest that I say what I really think, or do you prefer a perfect seller that is going to tell you what you'd like to hear? Actually, I'm just saying facts, nothing new, like I showed facts in my account.

At the moment I'm working on a new book where I'm going to show every trade that I did in these 3 months, explaining how I manage my trades in intraday.

But we are here to speak about the new 2014 BULLETIN. I have prepared it a few months ago, you can order it following this link:

PRANDELLI 2014 FORECAST BULLETIN

In this link you are going to find huge information about the Grains Bulletin and the S&P500 Bulletin. There is also the review about the Bulletins of the last year, where the main forecast was not so good but during the year I gave updates that were in my opinion great, giving us the opportunity to make big profits. Actually, every 2 or 3 months I'm going to send updates to the subscribers about the actual situation for each market, with key prices to make real trades. Anyway, the page of the link gives you all the information that you need.

For any question, please let me know.

Best,
Daniele

IMPRESSIVE TRADES WITH SOYBEANS!!!

It was May the 21^st when I updated my Blog and the last sentence was: “But the strongest forecast is on the Soybeans... too soon to speak, we will see... but, have a look at the Soybeans Contract... Subscribe my service if interested, to see in advance all my forecasts and strategies”

Well, now I can reveal what my forecast was about Soybeans. At the beginning of May I said that I was expecting a strong up push of this Commodity till the summer, and this is exactly what is happened:

Then in June I said that a strong geometry could stop the strong up push, in fact we have seen the High of the November and September Contracts made in June. But the biggest trade following the downtrend has been done at the end of July, where in my Report we have been able to trade the August and November Contracts. We are still SHORT now with the November Contract, where we opened the SHORT position at 1283 and today it is at 1181 points.

Of course, there is a precise strategy behind these trades because the forecast can be wrong or not precise, we use to have little losses when we are wrong using my key prices, and then we follow the trend when it starts, important is to know where it has to go ;). But in this way we have been able to be in profit of 520 points since November 2012, something impressive! Here is the chart of the performance of the last 9 months:

We have had good results even with other Markets, but we have to say that Soybeans Market has been the best. With the S&P500 we are in profit of 171 points since November 2012. The last months have been not easy to trade but the performance remains in uptrend.

Here are the results with Corn, at the moment in profit of 182 points since November 2012:

With ASX200 we are having great results, over the expectations, at the moment in profit of 860 points since November 2012. We are doing a great trade right now, we are LONG since July the 8^th, and following the uptrend, our last position is in profit of almost 300 points so far.

Here the Performance since November 2012:

What about Gold: I have included in my Report also some information about Gold, giving price indications and general trend to follow. I have to say that it is going quite well, in June I said that I was expecting higher prices in July, in fact we have seen an uptrend during this month. Then I was expecting a Top around mid-July or at the end of July, and the area 1336, that I gave months ago to my Subscribers, is working as a resistance. Let’s see if we are going to see a stop of the uptrend for a while, but attention because a break above area 1336 could mean a target of 1415 points!

Best,

Daniele

Forecasts and results of the last months + GOLD

First of all I want to speak about the S&P500. I made good forecasts, the work is hard, so I will show you just the UPDATES that I sent to the Subscribers of the 2013 Bulletin.

This is what I said in the update of 16 February 2013:

Statistically in February we should see a descent where we will have a new opportunity to enter LONG at lower prices, and at the moment the favorite dates are around 23-25 February or March the 1^st. The market is arriving with a top area around February the 18^th, and this can be a good change in trade date to see lower prices in the next days.

Looking at the Market, this information was very useful:

As you can see we have seen the High on 19 February, and a new buy opportunity between 23-25 February or 1st March. Then we have  seen higher prices as forecasted.


Then I sent a new update on 2 April:

If you read the Bulletin, you can see that it was forecasted a High around 15-18 March. The market went up till 15 March, and then it begun to move a bit down, and then lateral. I have been very disappointed to not see the descent expected after 18 March till 4 April, because my studies were strong. But we cannot control the Market and we have to accept it. Also, if we give a look at the European Markets, for example the DAX30, we can see that my forecast was great, with a High on March the 15^th and then fall, hence I thought that my forecast was not so wrong, but the S&P500 didn’t give me money after 15 March, remaining sideways, with new Highs in the last days.

I was waiting lower prices around 4-6 April (look the Bulletin), but it is evident now that the S&P500 Index is continuing to push up and today, at the moment, it is at 1573 points. We can say that my swing forecast has been wrong in the last two weeks (and very stressful for my personal trading, where I was waiting a down trend that never arrived).

Hence, we have to understand the next possible movement. My interpretation of this movement is that the S&P500 is very strong. The PFS is almost ready to turn up now, after 4-6 April. I would like to follow this up push to see higher prices around mid-April. To confirm this possible scenario, I would be happy to see a brief descent after the High of today, with lower prices around 4-6 April. In this case then we may see the up push suggested by the PFS, with a High around 12-18 April. Look at the PFS and follow it, it suggests then a possible new up push around 24-26 April till first week of May.

Looking at important prices to manage the position, area 1534-1539 and area 1523 should be important supports for the S&P500. Also 1539 has a good energy. Looking at some resistances, there is 1579-1580 and 1605-1610.

 

And now have a look at the Market:

Even in this case the forecast has been great, in real time, where a top was forecasted on April the 2nd, and a Low with BUY OPPORTUNITY around 4-6 April (Low on 5 April). Read the Update and watch the chart. Also, at the end, I wrote that "1539 has a good energy", and the Low has been 1539.50 points... no bad!

Does It mean I'm infallible? Not at all! Because I was waiting the High on May, around the 3th, and when I saw the S&P500 goes toward 1609 points, everything looked perfect. BUT, exactly on May the 3th, the S&P500 JUMPED above my important level at 1609 points. I waited to see if the Index was able to return under my important level, but after 3 days above it, I had to give up the hope to see a change of the trend. And in this occasion I have to say that I have been totally wrong! But ok, it happened to Gann as well, so it can happen to me too. Seriously, I had really strong studies that told me to forecast a top in that date, but a change of energy is happened, and the jump above 1609 was the signal that the market had to go up. I was really surspised to see the continuation of the up trend, and I have not traded the last up push. But now we have reached my main target, as I said exactly in November 2012... so, maybe, we can hope for a stop of the uptrend, but we have to follow it day by day.

What about the Commodities: Soybeans is my King, as someone said... (do you know Gann?)
I want just to let you know that I'm trading the LONG side from 1386 points, now it is at 1473 points. We are following the uptrend (forecasted) with a profit of 64 points just in the last 4 days at the moment. Just to say that from November we are in profit of 320 points!

And what about Corn? Corn is not giving me so much satisfaction as Soybeans does, because it is less volatile, anyway, we are having good performance with this Commodity. From November we are in profit of 123 points.

And there is a news: now I'm giving analysis also for GOLD! It is a price study for the mid and long term. Well, I started to do it a few weeks ago, but the first information that I gave has been very useful! This is what I wrote on May the 9th:
Starting from the next Weekly Report I will insert a study of the prices for GOLD. It will be not a forecasting study, it will be a prices study to have confirmations of the trend. At the moment I can say that Gold is not in a strong position. Above 1483 it becomes stronger, under 1444 becomes weaker. 

Well, when I said this, Gold was at 1465 points... today it is at 1375 points. I gave also a possible target price of the descent... we will see if I'm right.

But the strongest forecast is on the Soybeans... too soon to speak, we will see... but, have a look at the Soybeans Contract... Subscribe my service if interested, to see in advance all my forecasts and strategies.