I am David Roads.
I’m not on the Forbes’ top ten youngsters list, I don’t show off my Ferrari cars, and I don’t live in an expensive house.
But, I consider myself as a learner of the Forex market. I try to share knowledge that i acquired in the last 15 years. Although i have written several books which are all paid but I launched Parkingpips to spread my teachings free! I am an independent trader, and the most-loved offline mentor in the United kingdom.
I spend time studying great research from renowned traders like paul tudor, john paulson,Steven A. Cohen who are much more qualified than me. Then, i build strategy from the knowledge I gained from those resources.I apply those strategies to trading. Some strategies work and some don’t. And finally, share them with traders like you so that you can become a consistently profitable trader.
I am not like those garbage seller mentors who promote their course promising Forex is a get rich quick game.
I came to this business in 2007.I thought Forex trading would be an easy profession, and I’d make hundreds and thousands of dollars every single day. But the trading world doesn’t work like that.
It isn’t easy money. Although I’ve been consistently making profit for a few years now, it took lots of hard work, frustration, dedication, and perseverance to reach this position.
So if you’re not prepared to commit to roughly thousands of times more effort than you’re expecting, then quit Forex trading now. Don’t waste your valuable time. There are many more suitable worlds waiting for you. Go get them.
Forex trading is suitable for traders only.
I’m a trader. And the only thing I care about is market Price & market data. When I analyse the market, whether fundamentally or technically, I analyse it through observing price. I don’t sit the whole day in front of the computer to get a trade, or when I make a profit in any trade then place more trades one after another to maximise profit.
I also don’t overtrade when I make a loss. But, again, these are not my trading rules. I have rock-solid trading rules developed by me, and I don’t break them. And this is how the trading world works.
So, if you don’t want to learn how to cope with the real market data, then this isn’t a place for you.
I Don’t mentor traders who always search for shortcut methods.
If you ask, what’s the shortcut way to make money on forex?” It means you are not focusing on the long-term success of your trading business.
Remember, Trading is all about patience.
You can earn vast amounts of wealth trading forex.You can make unimaginable consistent profits also by clicking a mouse.
But that takes time. It requires hard work.
Here’s what you can expect from me:
- Many profitable trading strategies, techniques, sophisticated systems published through parkingpips. And all are absolutely free!
- Many customized indicators and trading systems by using those custom indicators.
- Acquire knowledge from hundreds of free resources on fundamental analysis like “top fundamental factors affects the market sentiments” and so many, written by me. I also post live trade analysis. By studying these live charts, you can get trade ideas that you can apply in your live trading and earn money. Yes! Of course, these resources are free, and they will remain totally free!
- To boost up your real trading journey I arrange many live webinars.
How I, David Roads got started in trading…
Back in 2007, a Forex institution came to my college and organised a trading competition. I took part immediately in that competition.I thought it would be an easy task. But alas! I blew up my account within a week, and that’s the start of my trading career. During my university days, I smashed every bit of trading knowledge I came across.
I’ve studied things like Price action, Candlesticks patterns, Chart patterns, Harmonic patterns, FOMC news report, NFP report, Projected earnings growth (PEG)
Price-to-sales ratio (P/S),Price-to-earnings ratio (P/E),Price-to-book ratio (P/B)
Still, I wasn’t a consistently profitable trader.
But I’m not an essay give up guy. I continued my study of the forex market.
And just right after graduation, I applied for proprietary trading jobs in the hopes of learning how the professional traders do it. I wanted to learn it practically.
After countless failures and rejections, I was eventually hired as a junior proprietary futures trader and asset manager.
Here’s what I discovered:
- If you want to be a consistently profitable trader, you need to study a lot of things regarding trading. You need to enrich yourself with theoretical knowledge. Then you must developed a consistent set of rules
- Never ever try to break the rules you developed earlier.
- It would be best if you had an edge in the markets
- Always follow strict money management systems.
And that’s it!
It’s nothing groundbreaking. But it took me 8 years to figure it out and to become a consistently profitable trader. From 2015 I am making consistent money from forex market
However, After working with some other asset management farms and hedge funds , I decided to quit my job and trade independently.
Then, I started mentoring people about the basics of trading. First, I coached many traders offline in the United Kingdom, where I lived. Then I realized that if I spread my knowledge online with blogging, many traders will benefit! That’s why I started
parkingpips to journal down the things I’ve learned, so I can help traders find success in the markets. I wrote several books which are available on amazon. I have some paid courses. You can find those resources available on Udemy.
I am blessed with a beautiful wife and two sons in my personal life.
I live with my sweet family in the United kingdom. I spend my leisure time with my family and friends. When the market gets closed on Saturday and Sunday, I hang out with my lovely friends. Ok, no more intro now! Talk with you guys through my blogging!
With thanks
David Roads
