Learning to identify these oppoftunities is the basis of Trading to Win Course. Once you can learn to identify the low risk oppoftunity levels along the way where you can make trading entries you will be trading to WIN.
One of the failures of most trading books I have read in the past is that they leave out the “human element” associated with the day-to-day behaviour of most of our markets.
Markets are living things and react to current events as well as technical events rather than to just move along with no consideration for the outside world, as most technical books would like you to believe.
Technical Analysis alone will not a trader make. Successful trading requires an understanding of the players, as well as the technical and the fundamental aspects of any market, and a continuing hands on day-to-day approach.
My way is all about technical preparation, studying the fundamentals, listening to the current news and evaluating the unfolding chart patterns being generated between the actions of the buyers and the sellers in the markets I follow.
To trade profitably in real time only requires you to identify low risk entry opportunity in my opinion. This is the bottom line between success and failure.
In 2002 I said there would be no need for me to write anymorem but that hasn’t exactly turned out to be the truth.Although all my previously published work contains all the informationI think is necessary to make a success of trading ,I was left with a slightly unfulfilled feeling.
I decided to re-write the TTW booka s a more informative course and then when combined with my DYNAMIC TIME & PRICE ANALYS book students would have a complete standalone instruction course.
Trading to Win Course will take you through in stages using the methodologies in trading principle the way I do it.
This manual will instruct you how to prepare for the trading day and then to stay a step a head of what is going on as the market unfolds.
The approach I am going to take is to lead you through the basics and then expand on them as we go on. The first thing you need to learn is how to control risk. After that you can learn to be selective with your trading entries.
Once you have mastered these simple things you should study the time and price material, the Gann material and the other criteria I have published in DT&PA so you will know the outer workings of the market place.
It is very important for you to understand what can motivate other traders if you wish to be successful,a s the market has technicians working on all different levels, i.e., they make decisions based on data over different time frames.
If you understand the basic premise of WAVES OF SIMII.AR DEGREE you will be able to monitor what is predictable in the intra-day’ the daily and the weekly price movement of any market.
Section1 : Practical Trading to WIN Tools
- Close Stops
- Market Mechanics
- Support – Resistance & TREND
- Three Bar Swing chafts
- Old Highs and Lows
- The 50% Balance Point Rule
- The 1:1 Overbalancing Rule
- The 2 day Correction Rule
- Shoft Term Trend Indicators
- Reversal Bars
- Reversal Patterns
- Continuation Patterns
- General Pattern Tools
- Open Interest in futures markets
- News Events / Repofts / Economic Indicators
- Fail Safe TRADE ENTRY techniques and exit rules
- Daily Range Patterns
Section2 : Dynamic Price Geometry trading tools you need to understantod WIN
- Sacred Geometry
- Geometric Ratios in Market Corrections
- Bear Market Trends
- Bull Market Trends
- Alternate Waves & Retracement Levels
- The Reverse Cross
- Inside, Outside & Double Cross Levels
- My X-ABCD
- Past examples of X-ABCD reversals
- Odd Ball Retracement Levels & Targets
- Bread & Butter Trading Set-ups
- Market Logic
Section3 : Day to Day and Week to Week
- Daily Check List
- Weekly Check List
- Contract Rollover – 1st Month
Section4 : Summaries
- The Psychological Aspects of Trading to Win
- My thoughts on how to beat the market