Once a trader has learned the basic skills, one determining factor on whether or not they become successful is going to come down to the person’s mindset. Any person who trades will eventually need advanced personal management to understand how the mind works and to develop the proper trading discipline to continue to trade when, not if, the market goes against their trade.
Advanced position management will allow a trader to gain the knowledge of what options are available and how to apply them when the market is not going according to their trade plan.
These two important topics were put together for the purpose of showing traders how to manage themselves and their trades in times when they are outside our comfort zone.
In this overview webinar of the APM2 course, Stephen Hammit and John Locke share very specifically what a lessons M3, Bearish Butterfly, ROCK, and M21 traders will have access to and how those lessons can translate into greatly improved returns.
Included in APM2 are the comprehensive tools for traders to recognize how their emotions can be used to develop the correct habits, routines, and processes to become a consistently profitable trader.
These important topics are also discussed in depth:
- Proper back testing process
- Proper back testing analysis
- Proper trade debriefs
- How to use back tests and trade debriefs to drive measurable improvement
- Proper process improvement steps
- Proper mind management
- Re-framing / Re-directing emotions
Use these topics and more to actualize your trading edges.
Learn to create your internal edge to include:
- Mental fitness
- Using emotions to your advantage
- Recognize and use the unconscious mind to get great results
Learn to create your external edge to include:
- Tactical skills
- Good risk management
- Confidence in trade structure reactions
- Deep understanding of drivers of change in trade structure
If you are an M3, Bearish Butterfly, ROCK, or an M21 trader, take a closer look at what Advanced Personal and Advanced Position Management can provide. It would be a shame to leave your profits to other traders who have mastered these topics.