ATTENTION: All day traders both new to the market... you will want to read this!
THE TRUTH ABOUT DAY TRADING SYSTEMS THAT WORK!
The biggest problem with this industry is training programs designed
to inflate your expectations and overcharge you for training!
to inflate your expectations and overcharge you for training!
I'm going to let you in on a little secret I've learned in all my years in the market. There is NO PERFECT strategy!
You heard me right! There may not be the perfect strategy, but YOU CAN come close 'if' you have the right variables working together. Unfortunately many traders never find the right combination and eventually give up, often with devastating financial losses and spending thousands on training programs and seminars.
If you have ever experienced this, KEEP READING! I'm going to share with you my exact recipe for trading fortune, and it may just be the tip you are looking for!
You heard me right! There may not be the perfect strategy, but YOU CAN come close 'if' you have the right variables working together. Unfortunately many traders never find the right combination and eventually give up, often with devastating financial losses and spending thousands on training programs and seminars.
If you have ever experienced this, KEEP READING! I'm going to share with you my exact recipe for trading fortune, and it may just be the tip you are looking for!
Your Trading Strategy Can Be As Complicated As You Want To Make It!
Trading can be as complicated as you want to make it; and in most cases people think it should be complicated. "If it doesn't work one way, it must be more complicated, right?" WRONG! It is likely the solution is simpler than you think. These people don't realize the system they were using can in most cases work 'if' other variables in the right order and dosage are effectively applied. Is it going to surprise you that a simple strategy like the one I use can allow you to:
- Average 10% to 20% on your margin per day or more - start trading one contract at $500 margin, working on averaging $50 - $100 per day. As confidence and discipline increase, gradually begin to increase contracts working towards a goal, such as an average of $500 to $1000 per day or more.
- Make you money whether the markets go up or down - even our current economy's volatile market swings create opportunities to make money. I don't care if the market is going up or down, as long as it is moving 'somewhere'. Often my shorting technique makes money faster than going long.
- Trade as little as 1 hour per day - trade the first hour of the market which generally provides the most opportunities, creating a lucrative side-income with minimal time requirements.
- Results as high as 80% winning average - but my techniques will allow even a 50% winning average to be profitable.
MY TRADING FORMULA FOR CONSISTENT PROFITS
I know you're thinking to yourself, "What are these dang variables he's talking about?" Let's get right to that, but before I begin I must clarify what I'm sharing with you is simply the combination of principles and tools I have used to successfully trade the markets, and in my opinion these are fundamental to trading success.
Variable 1: Establish the right methodology and realistic expectations
The best day traders are in it for the "game", not necessarily the money! But wait??? How does that make sense???
You have to come to reality that making money in the market is not a "get rich program" like most every other trading program wants you to believe. It can be a slow, gradual process of practice and discipline. Too many programs out there are designed to inflate a person's expectations then feed off their emotions by overcharging them for training and programs that will never fully meet their expectations.
Although hypothetically it is possible to make several thousand dollars or even get rich overnight, in order to really do well you will likely have to bust a few bubbles of unrealistic expectations to get there. Do yourself a huge favor and get started with "realistic" expectations and you'll save yourself mounds of frustration. Unsure of what is realistic? Let me help.
The best traders I've met are those that trade because they love to trade. This makes their number one objective "practicing good trading habits". Making money is merely a byproduct of good trading habits! (If making money is your primary objective, you will likely lose it.)
My market methodology is simply this: I see myself as a very small fish against big, unmatched Wall Street giants. I can't compete with them in intellect or financial capacity, so I don't even try! Instead, I find ways to identify where the big boys are taking the market, then simply jump in to pick up some of the scraps (a half point to a point here and there, that's all I need). Do this consistently and it will surprise you how much it adds up!
This methodology has worked tremendously for me because consistency is the key! It is much easier to consistently take a half point to a point here and there then it is trying to hit the ball out of the park with every trade.
Variable 2: Select High-Probability Patterns
This is generally where most people make trading systems increasingly more complicated. Finding the right set of tools to identify high-probability patterns is crucial, but be careful not to over-do it. Trading systems can become less effective when too many tools are used.
For my system I aim to measure three things: the short-term trend, the long term trend, and the momentum. In this way I can find the entry point that gets me in on the ripple that goes with the wave, that goes with the tide... making it highly probable the market will continue in my direction.
Variable 1: Establish the right methodology and realistic expectations
The best day traders are in it for the "game", not necessarily the money! But wait??? How does that make sense???
You have to come to reality that making money in the market is not a "get rich program" like most every other trading program wants you to believe. It can be a slow, gradual process of practice and discipline. Too many programs out there are designed to inflate a person's expectations then feed off their emotions by overcharging them for training and programs that will never fully meet their expectations.
Although hypothetically it is possible to make several thousand dollars or even get rich overnight, in order to really do well you will likely have to bust a few bubbles of unrealistic expectations to get there. Do yourself a huge favor and get started with "realistic" expectations and you'll save yourself mounds of frustration. Unsure of what is realistic? Let me help.
The best traders I've met are those that trade because they love to trade. This makes their number one objective "practicing good trading habits". Making money is merely a byproduct of good trading habits! (If making money is your primary objective, you will likely lose it.)
My market methodology is simply this: I see myself as a very small fish against big, unmatched Wall Street giants. I can't compete with them in intellect or financial capacity, so I don't even try! Instead, I find ways to identify where the big boys are taking the market, then simply jump in to pick up some of the scraps (a half point to a point here and there, that's all I need). Do this consistently and it will surprise you how much it adds up!
This methodology has worked tremendously for me because consistency is the key! It is much easier to consistently take a half point to a point here and there then it is trying to hit the ball out of the park with every trade.
Variable 2: Select High-Probability Patterns
This is generally where most people make trading systems increasingly more complicated. Finding the right set of tools to identify high-probability patterns is crucial, but be careful not to over-do it. Trading systems can become less effective when too many tools are used.
For my system I aim to measure three things: the short-term trend, the long term trend, and the momentum. In this way I can find the entry point that gets me in on the ripple that goes with the wave, that goes with the tide... making it highly probable the market will continue in my direction.
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Three Simple Indicators
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These are the three basic indicators I use:
1. Using two SMA's (simple moving averages) I measure the short-term trend of the market (or wave) and identify areas of what I call "stair-stepping" - the pattern that looks like a step or series of steps in the market, always confirming divergence in my direction.
2. Using MACD (moving average convergence divergence) I measure the long-term trend of the market (or tide) and make sure it is in line with my previous pattern.
3. Using a TRIX (triple exponential average) I measure market momentum (giving me the ripple for my entry). The TRIX is a great trend-following indicator, but when set at a sensitive setting it can also be a very effective momentum indicator because it does a good job filtering out market noise.
When all three indicators come together, BAM!!! We have a high-probability pattern acceptable for trading. I know this sounds easy. It is... but I won't mislead you. There are a few finer details that are a bit more complicated to explain about each of these steps...
More on this in a minute.
Variable 3: Think in Terms of Probabilities
It's been said that 90% of traders fail, and largely due to the lack of understanding (or negligence towards) the importance of day-trading psychology.
In simple terms, the human mind is programmed from our very birth to make decisions based on emotional triggers, then find reasons to justify those decisions. If you let yourself fall into this trap as a trader, YOU WILL GET BURNED!
It's not just figuring out how to control your emotions, but it is finding how to balance your emotions and trust the probabilities of your trading systems.
Let's look at it in a different realm... like the insanely profitable casino business. The model is quite genius actually. The casino supplies games such as blackjack, which rules are created to give the house an edge. Because Casinos understand the law of probabilities they can be profitable in a game of mere chance!
The rules of Blackjack give the casino a 1.5 cent edge on every dollar that crosses the table. So let's say for example that $100 million crosses all the blackjack tables in one casino over the course of a year. Despite all the big wins and big losses, the house will profit roughly $1.5 million. Wouldn't it make sense to apply the same principles to your trading? Are you the house, or the gambler?
If you understand certain psychological principles that prevent us from thinking in terms of probabilities and apply specific practices to train your mind, you can make the law of probabilities work for you in the market.
Google day trading psychology. There is no shortage of information. It is all about the "what" but it is difficult to find information on the "how". What I mean is it is very difficult to find good information on practical applications you can do STARTING TODAY that will help you train your mind and have a dramatic difference in your trading habits... that is why I have put together a special section dedicated to practical applications that improve your psychological control.
Variable 4: Analyze Statistics to Maximize Your Profits
You have heard a million times "keep a day trading journal". It is important! My problem is that if you have never kept a trading journal before, it is difficult to know WHAT you need to track and HOW to use that information to maximize your profits.
Through much trial and error I developed a tracking process that works well for me. It has allowed me to track statistics in both market trends and my own trades, evaluate changes to my execution, and make adjustments to maximize my profits.
If you don't keep a day trading journal then start one now! For real! Keeping a journal is essential to improve your results, but keeping your journal simple will help you stay focused on the important elements. If you don't know where to begin, I have a solution for that too.
1. Using two SMA's (simple moving averages) I measure the short-term trend of the market (or wave) and identify areas of what I call "stair-stepping" - the pattern that looks like a step or series of steps in the market, always confirming divergence in my direction.
2. Using MACD (moving average convergence divergence) I measure the long-term trend of the market (or tide) and make sure it is in line with my previous pattern.
3. Using a TRIX (triple exponential average) I measure market momentum (giving me the ripple for my entry). The TRIX is a great trend-following indicator, but when set at a sensitive setting it can also be a very effective momentum indicator because it does a good job filtering out market noise.
When all three indicators come together, BAM!!! We have a high-probability pattern acceptable for trading. I know this sounds easy. It is... but I won't mislead you. There are a few finer details that are a bit more complicated to explain about each of these steps...
More on this in a minute.
Variable 3: Think in Terms of Probabilities
It's been said that 90% of traders fail, and largely due to the lack of understanding (or negligence towards) the importance of day-trading psychology.
In simple terms, the human mind is programmed from our very birth to make decisions based on emotional triggers, then find reasons to justify those decisions. If you let yourself fall into this trap as a trader, YOU WILL GET BURNED!
It's not just figuring out how to control your emotions, but it is finding how to balance your emotions and trust the probabilities of your trading systems.
Let's look at it in a different realm... like the insanely profitable casino business. The model is quite genius actually. The casino supplies games such as blackjack, which rules are created to give the house an edge. Because Casinos understand the law of probabilities they can be profitable in a game of mere chance!
The rules of Blackjack give the casino a 1.5 cent edge on every dollar that crosses the table. So let's say for example that $100 million crosses all the blackjack tables in one casino over the course of a year. Despite all the big wins and big losses, the house will profit roughly $1.5 million. Wouldn't it make sense to apply the same principles to your trading? Are you the house, or the gambler?
If you understand certain psychological principles that prevent us from thinking in terms of probabilities and apply specific practices to train your mind, you can make the law of probabilities work for you in the market.
Google day trading psychology. There is no shortage of information. It is all about the "what" but it is difficult to find information on the "how". What I mean is it is very difficult to find good information on practical applications you can do STARTING TODAY that will help you train your mind and have a dramatic difference in your trading habits... that is why I have put together a special section dedicated to practical applications that improve your psychological control.
Variable 4: Analyze Statistics to Maximize Your Profits
You have heard a million times "keep a day trading journal". It is important! My problem is that if you have never kept a trading journal before, it is difficult to know WHAT you need to track and HOW to use that information to maximize your profits.
Through much trial and error I developed a tracking process that works well for me. It has allowed me to track statistics in both market trends and my own trades, evaluate changes to my execution, and make adjustments to maximize my profits.
If you don't keep a day trading journal then start one now! For real! Keeping a journal is essential to improve your results, but keeping your journal simple will help you stay focused on the important elements. If you don't know where to begin, I have a solution for that too.
THE SOLUTION TO ALL YOUR PROBLEMS!
Okay, not really! But what I'm going to share could REALLY help you ROCK IT with your trading!
The truth is there is too much information to explain all in an email or even on this web page. That is why I organized all my information into a life-time access video training course.
This high-level course trains you on the Emini Futures markets, primarily the S&P 500 and the Russell 2000, but our principles can be used in any market that derives its prices between the forces of supply and demand (stocks, EFTs, Options, Forex, etc...)
And at the risk of sounding "Sales-Pitchy", you can't find this quality of strategy oriented information ANYWHERE on the internet for free. Likewise, you can't get this much in-depth market training anywhere for less than $1,000.
- Step-by-Step Training Videos: Covering market methodology, basic technical analysis (for the newbies), implementing and executing the LTWT strategy, training on software, charts, tracking statistics, psychology, and more...
- 20 Page Printable Quick-Start Guide: To get you started on the right foot and use as an easy reference guide...
- Professional Trading Platform: (optional) I provide you with software to use, the same software I use every day... however, if you already purchased your own platform you can customize our indicators and use the trading software of your choice.
- Real-time Charts and live data feed: Courtesy of Global Futures, we have access to live data feeds and professional charts.
- Indicators and their Proprietary Settings: Access our custom indicator settings and use them in our trading platform, or in another platform of your choice using our strategy to trade with confidence.
- Trading Psychology Training: Learn in-depth practices and applications that strengthen your mind and allow you to perform at higher levels.
- Demo Videos of Live Trades: Watch as we trade our strategy live and see it in action, then duplicate it.
- Day Trading Journal & Statistics Forms: Analyze your trading results and learn what and how to track your trades to improve
This high-level course trains you on the Emini Futures markets, primarily the S&P 500 and the Russell 2000, but our principles can be used in any market that derives its prices between the forces of supply and demand (stocks, EFTs, Options, Forex, etc...)
And at the risk of sounding "Sales-Pitchy", you can't find this quality of strategy oriented information ANYWHERE on the internet for free. Likewise, you can't get this much in-depth market training anywhere for less than $1,000.
This same training has sold for over $2,500! No lie! So why then am I offering it to you for less than $100???
The cold-hard truth is I got sick and tired of spending countless demanding hours personally training individual and groups. So, I decided to PACK all of my training into one online course, giving you a HUGE opportunity in several incredible ways:
- You get lifetime access to a thorough day trading course for less than $100: A low-risk investment to your trading education (avoiding spending thousands with other schools and programs that may not even touch on some of the other vitally important variables of successful trading). Plus I teach you how to keep your trading costs low, keeping more money in your pocket.
- You can put the thousands of dollars you saved into your own trading account: Getting you that much further ahead. Keep your costs low and get the most of your training in the shortest amount of time.
- My training is backed by my 100% Satisfaction Guarantee: I can't guarantee that it will work for you. That would be foolish because so much depends on HOW you apply the principles I teach... but what I guarantee is a 30 day money back satisfaction. If you are not satisfied with my training, just let me know within 30 days. I'll refund your payment in full.
And one more reason you should get this course...
By becoming an LTWT member today I'm including an insanely awesome BONUS! Access my personal training on how I out-performed the DOW by 30% on long-term investments (even through the economic down-turn). You will learn my investing principles to out-perform any 401(k) or mutual fund. That's right! No more gut-wrenching anxiety attacks about your investment positions! Make your stock decisions with confidence knowing exactly when to buy and sell with my simple techniques (based on principles from my day trading strategy).
Just $79
Backed by my 100% Satisfaction Guarantee
Your success depends on how you implement my strategies and how disciplined you are in trading the rules I teach. however, I do back up my training produce with a 100% satisfaction guarantee. If you are not fully satisfied with my training withing 30 days of your purchase, send me an email and I will refund your purchase in full.
The content of this webpage is copyrighted © 2013. Learn To Win Trading, LLC. All rights reserved.
RISK DISCLAIMER:
Futures & Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any Emini trading system or methodology is not necessarily indicative of future results.
