Torero Trader Wieland Arlt

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1. MORE WIELAND ARLT PUBLICATIONS

Besides writing books, Wieland Arlt regularly contributes content to trading magazines. These are a few of the trading-related topics covered in his recent articles:

• The most dangerous moment in trading.
• The first loss is always the smallest.
• Do not fear a sideways market – this is how you handle phases without trends.
• The exit is more important than the entry.
• The trader lifestyle.
• 5 Tips to become a good trader.
• A grip on risk and return.

2. ABOUT THE TORERO TRADERS SCHOOL

As a trading coach and trainer Wieland puts the focus on trading strategies which are easy to explain and simple to implement. These strategies are supplemented by a strict risk and money management. In his Torero Traders school Wieland provides a professional training followed by in-depth coaching. The objective is to make traders independent and permanently successful.

3. THE EXPANDER TRADING STRATEGY

Expander is Wieland Arlt's favourite trading strategy. It can be used on all instruments and in all time frames from 15 minutes upwards.

In this trading strategy the Bollinger bands are combined with a selection of candlestick patterns. When the candlestick patterns occur outside the Bollinger bands, the trader may consider opening a position.

An open position is bracketed by a stop and a profit target. The stop loss is not static. It is based on the high-low of the previous periods. Uniquely the target is not static either!. The target follows the Bollinger bands in an attempt to capture the most profit from an open position. This is called a trailing target.

This example shows a short sell signal. The trailing stop loss is already below the entry point. This trader cannot lose anymore. Notice the unique trailing target. The target automatically moves away from the market price in order to maximize profit.

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Trailing profit targets are available in the NanoTrader trading platform. They can be combined with any trading strategy.

4. EXPANDER IN SIGNALRADAR

All trades executed by the Expander trading strategy are visible in real-time in the SignalRadar table. The trades are not only visible in the trading platform but also in the free SignalRadar app.

Trader Wieland Arlt comments on the NanoTrader trading platform:

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