In this course, you will learn how to trade any time frame. When we talk about trading, ("no long-term investment"), we are assuming that we are going to buy or sell a financial instrument which we will have in our possession for a short-term (minutes or hours) or medium-term (days or weeks) and then we will close that position depending on the current market condition which favors us or not.
The trading method that is explained in this course can be applied to any financial instrument and to any time frame but as I said before if you do not have any experience stay away from day trading. In this course, I talk about day trading but my method can be applied to swing trading as well. We are looking for a fractal phenomenon that can be spotted in any time frame. Here I use intraday tick data but for the sake of the general public, I have designed my methodology document using a time frame for swing trading. Once you have acquired experience in swing trading you can adapt this method for day trading if that is what you really like.
Having said that, I need you to understand that it is practically impossible to forecast market behavior. No one knows what will happen in the next few minutes, days, or weeks. The first thing we must assume to be successful in trading the financial markets is that we do not know what will happen after we take a position, and what we do is a mere bet based on price action analysis. That is crucial that you understand and accept it as the greatest truth about trading.
I will teach you what I do, a very simple trading strategy, explained step by step, which can have thousands of variants depending on the financial instrument being played, its volatility, and the time frame of the analysis that you use to play it. This course lays the foundations for a trading strategy with a positive expectancy so that you can use it as it is, or make the modifications that you want depending on your psychological or risk profile. There is no strict rule for trading. I am always evolving and getting better so my strategy changes over time with some small adjustments but the core principle is always the same.
Before continuing please record this in your memory: Our trading method must be as flexible as possible in order to adapt to any current market conditions. If we do not have a flexible strategy we are doomed to failure.
Now that we are clear on this point please continue reading.
For trading the markets you need an edge, you must have a trading method with positive expectancy, this is crucial. This method must be consistent with your own personality and comfort level. The approach you use must make you feel comfortable. In this course, I am giving you the tools to find your edge to succeed.
All human emotions play a huge role in the final outcome of this business endeavor. Greed and fear are powerful enemies not easy to control when there is real money involved. News, colleague’s comments, TV experts, and even family members can supply additional doses of adrenaline that can make you take wrong trading decisions. After a series of bad trades and some money lost you become ill, and this illness is called “Fear of Losing”, what happens next? you are afraid of pulling the trigger to make a new trade again.
How to avoid all those emotions to trade successfully by yourself? It is very hard to detach a human being from emotions when trading with real money. What you can do is to control or minimize those emotions. The answer to this dilemma is to learn how to control “RISK”.
Once you learn how to manage risk you will enter a state of mind that will control emotions and will let you take trading decisions with the best odds of becoming profitable. After a while, you learn that losing is part of the game and when losses are in control then “fear” of losing disappears from your mind and you will begin to trade successfully. I will teach you how to control risk to increase exponentially your chances for success. This course is set for students that want to have a valid edge and to learn how to control risk to build a sustainable trading business.
Students will get step-by-step instructions for optimizing their skills to take high probability trades reducing risk using any time frame (Day Trading or Swing Trading).
With this course, you will solve any problems you have with your trading method, you will set your mind to listen to the market and to act only after the market tells you what to do.
This course foundation is based on endless hours of studying price charts and money management. Risk reduction is the cornerstone of trading the financial markets, if you focus your trading plan on caring for minimizing risk, then profits will take care of themselves. During this course, you will make an in-depth analysis of implementing risk reduction into your trading plan, which is the highway to becoming a profitable trader.
TAKE ACTION. Remember, a lot of knowledge is worth nothing if no action is taken. Only by taking action, you will transform knowledge into wisdom thanks to the small steps you took. Only then you will see a change.
RISK DISCLOSURE
All forms of trading carry a high level of risk so you should only speculate with money you can afford to lose. You can lose more than your initial deposit and stake. Please ensure your chosen method matches your investment objectives, familiarize yourself with the risks involved, and if necessary seek independent advice.
U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Trading financial instruments of any kind including options, futures, and securities have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them to invest in the options, futures, and stock markets. Don't trade with money you can't afford to lose.
NFA and CTFC Required Disclaimers: Trading in the Foreign Exchange or Futures market is a challenging opportunity where above-average returns are available for educated and experienced investors who are willing to take above-average risk. However, before deciding to participate in Foreign Exchange (FX) or Futures trading, you should carefully consider your investment objectives, level of experience, and risk appetite. Do not invest money you cannot afford to lose.
All information on this site is for educational and research purposes only and is not intended to provide financial advice. Any statement about profits or income, expressed or implied, does not represent a guarantee. This information is neither a solicitation nor an offer to Buy/Sell options, futures or securities. No representation is being made that any information you receive will or is likely to achieve profits or losses similar to those discussed in this course. The past performance of any trading system or methodology is not necessarily indicative of future results. Get the advice of a competent financial advisor before investing your money in any financial instrument.
Terms of Use: Your use of this information indicates your acceptance of these disclaimers. Also, you agree to hold harmless the publisher and instructors personally and collectively for any losses of capital, if any, that may result from the use of the information. In other words, you must make your own decisions, be responsible for your own decisions, and trade at your own risk.
