This session is for traders who would like to earn returns similar to a mutual fund or an index fund with liquidity as part of their portfolio to be less subject to the volatility of the market without any transaction fees. It includes a calculating worksheet to keep your portfolio balanced.
This session is for traders who would like to learn a proper five-stage process of back testing a trading strategy. It will answer questions like: Why are my back testing results great but my live trading results are not? Is the system likely to work with my schedule and risk tolerance? How am I going to mechanically trade this thing?
Part 2 of this session will discuss evaluating risk vs. reward. It will answer questions like: How am I going to handle large moves, overnight gaps, and catastrophic situations? What are the steps in the trade debrief process? Finally how to create a success loop to skyrocket your results!
This session shows how to minimize the impact of market movement on P&L, how to pick a good time to enter a trade, and how to develop a process to minimize risk. One way to minimize risk is to use the Trade Execution Planner Tool provided with this session.
Learn the #1 objective of a trading plan and ensure that plan leads to you accomplishing your established goals. Also included are the critical elements to include in your plans like risk criteria, profit target, expected profit, proper entry, and exit criteria. How to plan for a market crisis. The best way ti incorporate a review and improvement procedure. Then ultimately if your goal is to trade as a business how to build a trading business plan.
This trade has very similar guidelines as the popular M3 trade but is easier to manage, earns the normal returns of an M3 but uses less money! The session includes the trading guidelines, back test results (spreadsheet included), pricing and fill discussions, the benefits of using weekly calls, and the option of using the FOM3 as the start of your monthly M3 trade.
