DATE: 22 OCTOBER 2020, THURSDAY
TIME: 7:30PM - 9:30PM (SINGAPORE TIME)
The stock prices rise and you tell yourself, "Okay, this meets my trading rules, let’s go for it."
But right after you buy, the prices suddenly plummet – falling so low that it hit your stop-loss orders, causing you to lose money before hiking back up the charts again.
Despite your best efforts, the sudden price U-turns always seem to catch you unaware and threaten to wipe out your capital.
You begin to lose faith in your trading plan as the market keeps springing surprises that contradict what you learnt in the books and websites.
As we speak, big financial institutions (known as “Market Makers”) are falsifying supply & demand to make retail traders believe the market is moving in their favour.
Once we buy into the market condition they simulated, they turn the charts around and target our stop-loss orders.
… causing 90% of unsuspecting retail traders to lose their hard-earned capital.
In my industry I'm known by my account code "XSPY".
I chose it as I was trading the S&P500 ETF options (SPY) at that time. It’s also where my brand-name XSPY TRADER came from (yes, there’s really nothing stealthy or 007 to it).
As proprietary traders, we are entrusted to trade with the firm’s money. Just imagine the stress of managing a 6-digit trading account.
(Thankfully, it also trained me to have nerves of steel in face of market fluctuations.)
We had to be accountable and make consistent profits for ourselves and the firm. Otherwise it’s goodbye. I’ve witnessed underperforming traders who were asked to leave within 3 months.
I would make a flawed analysis, get stopped out and not know what went wrong. I would get frustrated from making the wrong choices and losing my capital.
But I was passionate about this trade and continued to study the charts relentlessly. At my peak, I traded 16 hours a day.
One day it hit me.
I noticed that large financial players, a.k.a. "Market Makers" were offering large volume orders to drive prices up and down the charts.
They were literally buying and selling to themselves to falsify supply & demand and manipulate market conditions.
By doing so, they could “print” candlesticks and make retail traders buy into the patterns they created. Then they turn around and target our stop-loss orders… you know how the story ends.
Once I realised this open secret, I changed my entire trading strategy.
After > 15,000 hours of live trading and first-hand research, I developed the “XSPY Price Action Manipulation” strategy.
With it, I learnt to enter the minds of Market Makers – how to think like them, know when exactly they will twist prices, and enter and exit my trades beside them.
I stopped second-guessing the market and started making quick and sharp analysis. I created a solid trading plan and followed my rules with discipline and commitment.
I appreciate Alson’s willingness to share from his knowledge and experiences as a professional trader. He has very good insights on the subject matter and I trust that he will continue to refine his programme
My most valuable takeaway was learning the market makers’ way of accumulation and distribution, and their way of taking out stops. I hope this makes us the 5% of traders that are profitable. I’m glad to be part of Spytrader Futures.
James Xie Guo Zhong
Application Consultant
You may have encountered courses out there offering “proven formulas” and “auto robots”.
These may work — in fair-weather market conditions. But as intelligent traders, you know we cannot rely on these “easy trading systems” for consistent, long-term returns.
I strongly believe in trading the only way I know how to — with clear judgment, sharp analysis and firm discipline.
The difference is, you don’t have to experiment with dozens of different techniques, struggling to find a system that works for you.
I’ll help shorten your learning curve by sharing prop desk insights I’ve learnt, stripping my strategy down to the step-by-step essentials that can help you profit.
At the free workshop, I’ll show you real charts of how I take profit using my strategy.
“No sales talk — just pure trading talk, pure price action strategy.”
“Attend XSPY Trader to enhance your trading edge.”
Why clutter your screens and overwhelm yourselves with slow indicators, when you can actually
read clean charts based on the only indicator that matters — PRICE.
Here’s what my
students and I see every day:
I’ll be honest with you here. I’m a trader by profession, not a speaker/salesman.
This means I don’t have a glib tongue and I’m not good at hyping people up with millionaire dreams and get-rich-quick guarantees.
My strategy is especially powerful for serious traders who want to make an income through trading.
It is not recommended for lazy people who want to make easy money without effort.
But if you're looking for an honest coach and a straight-to-the-point trading strategy, I sincerely invite you to learn more at my FREE workshop.
There'll be no oily sales pitches – just honest sharing of my trading tactics and a rare glimpse into proprietary trading practices.
After 5 years as a prop trader, I realised trading on my own was dull and lonely. It is my sincere wish to start my own circle of like-minded traders.
Now, my students and I chat about our setups every day and we learn from one another’s wins and mistakes. It is a fulfilling experience to help others succeed in a craft you love.
I still trade the markets every day and I’m in tune with the challenges my students face.
When you ask me market questions at my FREE workshop, you will know I’m telling the truth.
And if you see the value in my strategy, you're welcome to join my programme and trading circle. I hope you give yourself a chance to learn if this strategy suits you.
So hit the REGISTER button now and I’ll see you at the workshop! :)
Yours sincerely,
Alson Chew
