I'm excited to announce my 2nd Webinar for the futures.io (formerly BMT) Elite group coming up next Tuesday, July 19th, 2011 at 3:30PM Central (4:30PM Eastern, 1:30PM Pacific). In addition to some great questions I know you'll all have, here are the discussion topics for this presentation:
Identifying probable market moves - In this section, we'll learn how to spot the market's actual directional intent. We'll discover how often Price lets us know it's next move and the best time to enter the market to catch that move.
I'm in, now what? – No presentation on trading would be complete without discussing Trade Management. Whether from human emotion or trading ignorance, this is where most traders make a mess.
When to go counter-trend - Trading counter to the trend can be either very rewarding or a total disaster. Let's look at when the market gives us the green light to go against the grain.
When to get on board the trend train – All trends end, of course, but markets often let us know when an entry point offers good profit probability. We'll discover when a trend is really your friend.
Plan your trades and trade your plan – Win lose or draw, every good trade was a planned trade so let's spend some time on this important topic. Trading is simply a "numbers game" and the only way to keep the numbers (odds) in your favor is to plan every trade you take in advance. That way, with good trade management, goals are consistently achieved and the outcome of any particular trade is irrelevant.
If you enjoyed my last futures.io (formerly BMT) Webinar, I think you'll be very pleased with this one. Be sure to ask questions, too....it's how we all learn. See ya there.