Using Volatility as a Trend Filter

What can volatility per se tell you about the current state of the market? When markets start to have big down days, big up days, and a lot of dramatic intraday reversals, it is likely we are in a down trend. A bull market tends to be smooth, slow-paced, and even boring, while bear markets or corrections are emotional and volatile.

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.

"It took me five years to become a profitable trader and almost another five years to become extremely consistent. If I had come across the right trading material and concepts earlier, I’m sure the learning curve would have been far shorter. This practical book will give you the materials and concepts I wish I’d had early in my career." - Henrique M. Simões

Real Trading Example (British Pound Futures)

I recently tested a system on the British pound futures, and while it had a winning rate of 57 percent and an average win similar to the average loss, it gained on average only 2.8 ticks per trade. Considering the commission on that contract, the real edge was just 2.1 ticks per trade. With such a narrow edge, good execution is the key to winning money; a sloppy trader may even lose money using this strategy, due to its razor-thin edge.

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.

"It took me five years to become a profitable trader and almost another five years to become extremely consistent. If I had come across the right trading material and concepts earlier, I’m sure the learning curve would have been far shorter. This practical book will give you the materials and concepts I wish I’d had early in my career." - Henrique M. Simões

Discretionary Traders (How to Know If There Is an Edge Present)

How do you know if you really have a trading edge if you are a discretionary trader? You can see it in the shape of your equity curve. If it shows some consistency of making money without large drawdowns, then over time you can begin to conclude that you have an edge. People who are very good at trading the markets have a high level of confidence, which is impossible to gain unless you have an edge. 

It’s something you have to feel and believe on your own. Unlike in systematic trading, where the metrics of a system prove the system’s edge, it is not something that is definitively provable. 

If you are able to make money with some consistency, with a good control of your losses, you get to the point where you feel you have an edge, and your equity curve confirms that. You cannot think you have an edge if you lose money for a long time—that is insane! 

Even discretionary traders need to have an edge, which does not exist without a methodology. In fact, I have never met anybody with an edge who does not have a very specific methodology.

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.

"It took me five years to become a profitable trader and almost another five years to become extremely consistent. If I had come across the right trading material and concepts earlier, I’m sure the learning curve would have been far shorter. This practical book will give you the materials and concepts I wish I’d had early in my career." - Henrique M. Simões





Trading: Always Be Looking For New Ideas

Traders work very hard to find a trading edge that works, and they’ll play it out until it stops working. But they must be prepared for, and even expect, the market to change, and they must know that this unavoidable change may reduce or eliminate their trading edge. That is why it’s so important to look for new ideas all the time and to always be testing new systems and patterns—doing so means you’ll have a backlog of trading edges to work with if or when your current one loses efficiency or stops working.

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.

"It took me five years to become a profitable trader and almost another five years to become extremely consistent. If I had come across the right trading material and concepts earlier, I’m sure the learning curve would have been far shorter. This practical book will give you the materials and concepts I wish I’d had early in my career." - Henrique M. Simões