Trading Mastery For Financial Freedom
Trading Success Comes From Knowing, Not Guessing. Let Me Show You How To Trade.
Trading is perhaps the most valuable skill anyone can learn. The thought of making money by sitting at a computer in the comfort of your own home is a dream come true for most people, and that's why so many try to master the skill. The truth is, trading is a skill that cannot be mastered, BUT, it can be learned. Here's a fact: trading is not complicated, but it's also not simple, and here's why: there are only 6 trade setups that inform a skilled trader when to enter a trade. Is learning 6 setups difficult? Of course not. But along with the setups is gauging the risk. So a skilled trader will determine if a trade is warranted when he/she recognizes a setup and also by knowing the risk. The risk is a point at which the trade will fail and the trader will close the trade with a small loss. Of course, if prices move away from the failure point, the trade succeeds and the trader reaps his/her profit. Simple!
A skilled trader also knows the daily trading zone - the area of the chart where prices are most likely to trade. This is based on a numerical calculation. The course will cover this vitally important piece of information and explain how to make the calculations. Knowing where the market is likely to trade on any given day is like having a crystal ball and will result in your greatest trading profits.
Finally, there are rules to trading. Rules are intended to keep you safe and preventing small losses from becoming large losses. The course teaches 12 rules, 6 of which are suggested as critical and should be memorized so that they are subconsciously active whenever you are in a trade and concentrating on your chart.
Finally, the course will cover some of the psychological aspects of trading. Almost all traders practice using a simulated trading account, also called paper trading, While simulated trading, traders can practice their trading style and apply the "mechanical' aspects of trading, entering trades, exiting, and pattern recognition. But trading real money inserts a psychological element that simulated trading simply cannot. Therefore, we will touch on how to deal with the psychological aspects inherent in trading.
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Your Instructor
It was 2004 when I was drawn to trading, more due to economic necessity than curiosity. You can learn more about that here. My early years trading were less than stellar, but persistence and a willingness to learn paid off. Beginning as a "seat of the pants" trader, over the years I've developed a sense of the market by learning all I could about trading and also by studying market price movement. Overall market direction may be driven by underlying market sentiment, knowledge that may benefit swing traders and investors, but this will not help day traders.
Over my 20 years’ of experience, I’ve consolidated the essence of day trading into just five main components:
·Price Setups
·Stochastics
·Taylor Trading Zone
·Rules
·Psychology
These comprise the topics covered in this one-hour coaching session and detailed in my course, Trading Mastery For Financial Freedom. By learning the 6 trade setups (how difficult is it to learn six setups?), one indicator, intraday support and resistance, the Taylor Trading Zone, and a few specific trading rules, a day trader can recognize low-risk opportunities that result in a higher percentage of profitable trades and also reduce the causes of overtrading.