Dec 27, 2016

The Best Type of Strategy to Develop

"You should try to develop a strategy that strikes a good balance between giving you an expectation of making money over the longer term and finding you a lot of opportunities to trade.

The strategy must have a positive expectancy (where trading profits are positive and big enough to cover commission and slippage) and also a high opportunity (the number of signals this particular strategy generates). The higher the better, considering it has a positive expectancy."

You will follow practical steps and acquire the essential skills a successful trader must have in order to consistently win, and you'll also learn:

- how to develop a trading system
- how to utilize the best trading techniques within a trading methodology
- how to think about the psychological aspects of trading and the markets
- how vital it is to treat trading like a business

As you master this breakthrough program, you'll build yourself a distinctive trading signature, hitting win after win, and you'll be well on your way to financial independence!

Dec 26, 2016

Learn to Know When Not to Trade

"Trading is a fifty-fifty split between knowing what not to do and knowing what to do. For example, you learn to avoid scenarios where risk cannot be properly managed. Knowing when not to trade is one of the most important skills for a consistently winning trader.

I always try to avoid situations where the market may have a big unpredictable outcome. Some examples are trading just before major economic reports, such as the employment report; trading ahead of the Fed meetings; or trading stocks ahead of earning reports."

You will follow practical steps and acquire the essential skills a successful trader must have in order to consistently win, and you'll also learn:

- how to develop a trading system
- how to utilize the best trading techniques within a trading methodology
- how to think about the psychological aspects of trading and the markets
- how vital it is to treat trading like a business

As you master this breakthrough program, you'll build yourself a distinctive trading signature, hitting win after win, and you'll be well on your way to financial independence!

Be Very Selective in Your Trading

Increasing the selectivity of your trades and maximizing your review process will be much better than spending a lot of time in front of the screen.

If you spend more time reviewing your trades and less time actually trading, you will naturally become more selective in your trades, as you will find from studying your own trading patterns what really works best for you.

(this is an excerpt from the Trading eCourse: Chapter 6 - Tricks of the Trade)

Dec 23, 2016

Contents


1 First Things First
   1.1 Your Final Goal
   1.2 Who Should Take This Course
   1.3 The Necessary Commitment

2 Developing a Trading Strategy 
   2.1 Choosing a Trading Style
   2.2 Research and Testing
   2.3 Trading with an Edge
   2.4 Trading Systems
   2.5 Risk Management
   2.6 Changing Market Conditions
   2.7 Repetitive Trading Patterns

 3 The Mental Game
   3.1 Trading with Confidence
   3.2 The Right Trading Mind-Set
   3.3 Admitting and Correcting Mistakes
   3.4 How to Think about Individual Trades
   3.5 Avoiding Self-Sabotage
   3.6 Overtrading
   3.7 Self-Coaching
   3.8 Flawless Execution  
   3.9 How to Manage Drawdowns

4 Markets: What Works and What Doesn’t 
   4.1 Being in Sync with the Market
   4.2 Market Type: Momentum, Mean Reverting
   4.3 Indicators and Trading Techniques
   4.4 How to Trade Stocks

5 Creating the Right Trading Structure 
   5.1 Trading Routines
   5.2 Trading Journal
   5.3 Business Plan
   5.4 Education and Training

6 Tricks of the Trade 

Appendix A: Interviews with Two Top Traders
Appendix B: An Example of a Backtesting Study
Appendix C: Reinforcing the Message
Appendix D: Glossary

How to Solve Trading Stress

If you find yourself very stressed over a trade, it probably means you are trading too big a position. Size down. Fear is responsible for nine of every ten trading mistakes. You will experience fear when you are trading too big relative to your present emotional comfort.

When you feel like you can’t leave the trading desk, or if you are checking prices on your mobile device every five minutes, those are signals that you are committing too much capital and emotional energy in your current trade.

(this is an excerpt from the Trading eCourse: Chapter 6 - Tricks of the Trade)

Dec 2, 2016

Course Description

The course progresses through six chapters, each building upon the last to help you develop a deep foundation to boost your trading results. 

Inside, you will learn how to develop a trading system and discover which trading techniques should be included in your trading methodology. You’ll also learn about the psychological aspect of trading and how you must treat your trading activities as a business. 

Ultimately, this course and mentorship program guides you to begin creating your success without the extensive trial and error periods that thousands of other traders have endured.