Hi Everyone I’m Kathy Lien with BKForex

What a year it has been in the markets! For most people, it hasn’t been a good one – investment accounts, retirement funds got hit and if you are in crypto – those portfolios got decimated.

However if you’ve been following the charts I post on twitter, you’ll know that we’ve been catching some really good ZIP trades. It has been a very good year for our trading strategies, ZIP made more than 4200 pips or 42% cash on cash approximately TRADING forex while Boris’ BOUNCE strategy made over 33% in DOW and NASDAQ. That’s over 70% together! With economists forecasting recessions for some of the largest countries in the world, now more than ever it is time to learn how to take control of your investment capital.

My Secrets for Making +4,200 Pips

So here are my secrets for making +4,200 pips. Let’s start by talking about what I didn’t do. I didn’t have one or two trades that accounted for half or even a 10% of my returns. I don’t like strategies that rely on a handful of winners to cover the losses. I prefer strategies with smaller profits that are repeatable day after day. The most important skill to develop in trading is consistency. I also didn’t pick any tops or bottoms because they’re rare and far between and only obvious in hindsight. All of my trades were in the direction momentum and trend proving that its easier, less stressful to join the trend than to fight it. Also I didn’t give up when I lost money. This track record looks great with only 1 month of modest 60 pip losses but within this number and the others, the reality of trading can be very different. My worst month was in March when I lost -223 pips over the course of 2 weeks. It was brutal because this was actually a month in which I lost money 3 out of 4 weeks. One month in the world of investing isn’t a lot but one month in the world of trading where we are trading every day can feel like an eternity.

BUT, I’ve been trading ZIP for years, and my performance, my confidence in the strategy comes from not 10, 20 or even 100 trades but more than 10,000 past trades. The strategy has proven to me that tough periods are rare and when they happen, the winning streaks always come back.

What Did I Do Right?

So what DID I do right? What are my secrets? It’s actually quite simple. The first and most important one is that I trade with the trend. The ZIP indicator is designed in a way where you can quickly identify trades where the long and short term trends are aligned. When the background is green and the currency pair is trading above the indicator line that means the long term trend the background and the short term trend where the currency pair is in relation to the ZIP line are both positive. When the background is red and the currency pair is trading below the indicator line, that means the short and long term trend are negative. All 3 setups are easy to identify and generated decent intraday profits.

I always make sure fundamentals and sentiment are on my side. I will look to buy USDJPY, I will look to buy US dollars when US yields are up and sell it when yields are down. I will also avoid buying Japanese Yen pairs and instead look to sell them when stocks are falling especially on those multi-hundred point days which we could see more of in 2023. I also have a clearly defined goal that drives my trading. For most traders, their only goal is to make money and ideally on every trade. But we know that will never happen and when it doesn’t there’s and there’s a losing trade, it affects your confidence and focus.

There are many benefits to setting a goal. First it makes you think about trading as a business. You are investing money into trading and not throwing it away on a lottery ticket. Second, by setting a goal, you are giving yourself a focus. Goal setting is a powerful step in achieving results because it directly affects how you’ll trade. I have a 100 pip a week goal. At the beginning of the week, I trade more aggressively to hit that goal and when I’ve reached it I trade more conservatively, focusing on protecting and growing profits slowly. The reason why I have such low drawdowns is because when the trade isn’t going my way and it becomes clear that we are not on right side of momentum, I won’t hesitate to exit before my stop. Also, I always close all my trades by the end of the week winner or losers. Starting fresh with a clean slate is how I look past the losing weeks and move forward.

The beauty of forex is that you can make money in up and down markets. My ZIP strategy which picks trades only in the direction of the short and long term trend is my secret to making 4200 pips this year when most people lost money. ZIP is my strategy BUT making sure fundamentals and sentiment are key components, I need to make sure they are on my side. Also focusing on my weekly target also play a very important role to the overall success. As we look forward to 2023 and economists forecasts these recessions with more volatility In the markets it is even more important to make sure that you use tools that help to ensure that the long and short term trend are on your side and you are only trading in those direction and that fundamentals and sentiment are on your side. In the description of this video, you’ll find links to other videos on how to use sentiment, bond yields and stocks to trade forex along with a nice discount if you want to become a BKForex member and start making pips with ZIP in 2023. Happy New Year!