The Only Moving Average Trading Video You Will Ever Need...
Published: 2021-01-22
Status:
Available
|
Analyzed
Published: 2021-01-22
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
A trading strategy is proposed where short trades are taken when three moving averages (9, 20, and 50 periods) fan out to the downside and are not clustered, and long trades are taken when they fan out to the upside.
"when i have space between all three to the downside and are not touching and clustered up like this then i'm looking for short trades and the opposite would be true once they fan out to the upside like we have here"
Pending
A long trade entry condition is described: when the 20, 50, and 200 period moving averages are fanned out to the upside with space between them, and the price touches the 20-period moving average, a long trade should be placed upon a close above candle.
"we have space between the 20 and the 50. we have space between the 200 and the 50 when i get a touch of my 20 period moving average and let's say a close above candle like this right here that's when i want to place a long trade"
Pending
A rule for trading the 200-period moving average is established: trades should only be taken when the market touches this moving average and it also aligns with previous structural support or resistance levels.
"i will not trade the 200 period moving average unless when the market hits the 200 period moving average it also lines up with structure looking left"
Pending
A preferred method to add confluence with moving averages involves trading the 200-period moving average only when it aligns with prior structural levels.
"one of my favorite ways to add confluence to moving averages is to say i will not trade the 200 period moving average unless when the market hits the 200 period moving average it also lines up with structure looking left and then you i'm going to start talking a little bit about the strategy now"
Pending
A specific entry candle for a short trade is identified by a long wick that retracts significantly, indicating selling pressure.
"this is a long and large wick that came out of our area sucked all the way back down that to me is showing selling pressure that would be an entry candle"
Pending
A trading strategy involves trading price action patterns, specifically double bottoms and double tops, that occur at a moving average.
"we are trading price action patterns like double bottoms and double tops that form at a moving average"
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Conditions for a buy trade include the market being above the 50 moving average, the formation of a double bottom, and at least one of the bottoms of the double bottom touching the 50-period moving average.
"we want to see the market above the 50 moving average this is for a buy trade okay everything would be backwards for a sale trade before buy trade we want to see the market above the 50. the second condition we want to see is a double bottom now the third condition is that that double bottom at least touches the 50 period moving average"
Pending
An entry signal for a double bottom pattern is a green confirmation candle that closes above the 50-period moving average.
"for me using price action patterns like double bottoms what i like to use for an entry is just a confirmation candle in the case of a double bottom that would be a green candle and also i want that candle to close above the 50 period moving average"
Pending
A specific risk management approach is outlined: a stop-loss is set at one ATR below the swing low, and the target is set for a 1.4:1 reward-to-risk ratio.
"for stops and targets because i'm not gonna have a lot of time to dive deep into them in this video what i'm going to do is just do a very simple stop of one atr below the swing low and our target is going to be a 1.4 to 1 reward to risk profile based on that stop-loss"
Pending
A rule for identifying a valid double bottom for trading purposes is defined: a box is placed at the lowest point of the first bottom, and a trade is valid if a subsequent candle touches this box with its wick, the body can close within the box, but a candle must not close below the box.
"all i do very very simply is i place a box on the lowest body of the first bottom and on the lowest wick of the first bottom this box is considered my termination point what i want to see is a candle at least touch this box with a wick the body of the candle can close in this box the wick of a candle can go below this box what i do not want to see is a candle that closes below this box"
Pending
Conditions for a bearish trade (double top) include price being below the 50 moving average, the formation of a double top, and at least one of the tops touching the 50-period moving average.
"we want to see that price is below the 50 moving average we want to see a double top this time instead of a double bottom we want to see that one of these tops touches the 50 moving average"
Pending
An entry signal for a double top pattern is a red candle that closes below the 50-period moving average.
"on a double top it's going to be a red candle and that red candle needs to close below the 50 moving average"
Pending
A stop-loss for a bearish trade is set at approximately 8 pips, with 3 pips for the stop-loss itself and 5 pips above the swing high.
"we enter the market we have a three pip stop-loss here as well and above our swing high which is one i'm gonna do four so that's gonna be about five five plus three is going to be eight"
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A warning is given that this trading strategy might experience consecutive losses, potentially five or more.
"the strategy like this might have five losses in a row or more"
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A backtesting recommendation is made for the described strategy on the AUD/CAD 5-minute chart, suggesting that if it made money over 100 past trades, it would be suitable for a trading plan.
"you take this strategy you go out in the aussie canada five-minute chart and you see that out of the past 100 trades it made money"
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The speaker outlines a process for entering trades based on predefined conditions.
"once all of those conditions are met we are ready to work on the entry"
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A confirmation candle, specifically a green one for a double bottom, is used as an entry trigger.
"for me using price action patterns like double bottoms what I like to use for an entry is just a confirmation candle"
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A green candle serves as the entry signal for a double bottom pattern.
"in the case of a double bottom that would be a green candle"
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For a buy trade (double bottom), the entry confirmation candle must close above the 50-period moving average.
"i want that candle to close above the 50 period moving average"
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A comprehensive set of conditions and entry rules for a buy trade using a double bottom pattern and the 50-period moving average.
"we're looking for the market to be over the 50 period moving average we're looking for a double bottom we're looking for one of the bottoms of the double bottom to touch the 50 period moving average once that happens we are looking for a green candle and the entry candle itself must close above the 50 period moving average"
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Confirmation of all specified conditions and entry requirements signifies readiness to enter a trade.
"the answer to all of your questions is yes you are now ready to enter the market on a rules-based system"
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A specific risk management approach is outlined: a stop loss set at one ATR below the swing low and a target offering a 1.4:1 reward-to-risk ratio.
"for stops and targets because i'm not gonna have a lot of time to dive deep into them in this video what i'm going to do is just do a very simple stop of one atr below the swing low and our target is going to be a 1.4 to 1 reward to risk profile based on that stop-loss"
Pending
A defined 'box' rule is used to identify a valid double bottom pattern.
"we have the touch of our box that classifies as a double bottom for me"
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The entry signal for a buy trade is a green candle that closes above the 50-period moving average, after other conditions are met.
"next is our entry what is our entry a green candle that closes above the 50 period moving average"
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The entry into a trade occurs either at the close of the confirmation candle or the open of the subsequent candle.
"we enter the trade on the close of that candle or the open of the next one"
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A stop-loss is placed approximately five pips above the swing high, with a 1.4:1 reward-to-risk ratio target, for a bearish trade setup.
"our stop loss is going to be three pips above the swing high and above that level over here because we do have a pretty nice distance down to our level of support"
Pending
For a bearish trade, the initial conditions are price below the 50-period moving average and the formation of a double top, with a requirement to wait if conditions are not met.
"for our c e s t what conditions do we need price below the 50 is that happening yes do we have a double top not yet so we would have to sit on our hands in this case"
Pending
The conditions for a bearish trade include price below the 50-period moving average, a double top formation, and one of the tops touching the 50-period moving average.
"we want to see that price is below the 50 moving average we want to see a double top this time instead of a double bottom we want to see that one of these tops touches the 50 moving average"
Pending
The entry for a bearish trade (double top) is a red candle that closes below the 50-period moving average.
"on a double top it's going to be a red candle and that red candle needs to close below the 50 moving average"
Pending
A bearish trade entry is confirmed by a red candle closing below the 50-period moving average, with a stop-loss set three pips above the swing high.
"we end up getting that entry let's go with a position as soon as that entry happens our stop loss is going to be three pips above the swing high"
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Emphasizes the importance of backtesting a trading strategy to ensure profitability and implementing a solid risk management plan.
"back test this to see and ensure that it actually makes a profit over time but also that you have a solid risk management plan inside of your trading plan"
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Moving averages, when used correctly, can lead to significant trading opportunities.
"if used properly moving averages can create some extremely powerful trading opportunities"
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The 20, 50, and 200 period moving averages are recommended for trend identification.
"the 20 period moving average the 50 period moving average and the 200 period moving average these are the most popular and by far the best for helping to determine trend"
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The 20-period moving average is suitable for identifying short-term trends.
"if you want to look for short-term trends using the 20-period moving average would be a viable option"
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The 50-period moving average is recommended for identifying medium-term trends.
"if you wanted to look for medium-term trends the 50-period moving average would be a viable option"
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The 200-period moving average is suggested for identifying long-term trends.
"for long-term trends using the 200 moving average would be a good option for that"
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The 200-period moving average frequently acts as support for long-term trends.
"the 200 period moving average which actually acts as support quite often happens as support for long-term trends"
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Trades on the 200-period moving average are only considered when it aligns with previous structural support or resistance levels.
"i will not trade the 200 period moving average unless when the market hits the 200 period moving average it also lines up with structure looking left"
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The 20, 50, and 200 period moving averages are highly respected by traders and often experience significant price movement around them.
"the most respected moving averages by traders around the world so what you're going to see is a lot of movement in these areas"
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A long trade is considered when the price touches the 20-period moving average and a bullish confirmation candle closes above it, with fanned-out moving averages.
"when i get a touch of my 20 period moving average and let's say a close above candle like this right here that's when i want to place a long trade"
Pending
A double bottom pattern occurring at the 50-period moving average is considered a strong trading signal.
"double bottom is happening at the 50 period moving average"
Pending
A key condition for a buy trade is for the market price to be above the 50-period moving average.
"we want to see the market above the 50 moving average this is for a buy trade"
Pending
For a buy trade, at least one of the bottoms in a double bottom pattern must touch the 50-period moving average.
"that double bottom at least touches the 50 period moving average"
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A buy trade entry requires the confirmation candle to close above the 50-period moving average.
"i want that candle to close above the 50 period moving average"
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A crucial condition for a buy trade is price being above the 50-period moving average.
"is the market above the 50 period moving average"
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Confirmation that a double bottom has touched the 50-period moving average is a requirement for a buy trade.
"did one of the bottoms of that double bottom touch the 50 period moving average"
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A green candle that closes above the 50-period moving average serves as the entry trigger for a buy trade, following other conditions.
"is that a green candle pretty easy to recognize right yes that is a green candle so at this point i would be entering the trade on the close of that candle"
Pending
A stop-loss is set at one ATR (Average True Range) below the swing low.
"our stop loss is going to be one atr below the swing low"
Pending
A primary condition for a bearish trade is price trading below the 50-period moving average.
"is price below the 50 moving average"
Pending
For a bearish trade setup, the double top pattern must touch the 50-period moving average.
"does this double top touch my 50 period moving average yes it does"
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The entry for a bearish trade is a red candle that closes below the 50-period moving average, after other conditions are met.
"we are looking for that entry which is a red candle that closes below the 50 period moving average"
Pending
Having rules for conditions, entries, stops, and targets allows for consistency and the ability to backtest the strategy for long-term profitability.
"the reasons we have all of these rules in place the conditions the entries the stops and targets is not just so we can stay consistent to the strategy because it's based around a set of rules but it's also so we can take those rules and test them to make sure that the strategy we're trading does produce a profit over a long period of time"
Pending
A rule is established to only trade the 200-period moving average when it coincides with significant horizontal support or resistance levels observed on the chart.
"i will not trade the 200 period moving average unless when the market hits the 200 period moving average it also lines up with structure looking left"
Pending
A trade setup is considered high-probability when the market reaches an area of value (like the 200-period moving average) that also aligns with previous major structural support or resistance.
"this is not only the market hitting an area of value because of the fact that we are at the 200 period moving average we also have that lining up with previous major structure resistance and support"
Pending
A preferred method for adding confluence with moving averages involves waiting for the 200-period moving average to align with prior structural support or resistance before considering a trade.
"one of my favorite ways to add confluence to moving averages is to say i will not trade the 200 period moving average unless when the market hits the 200 period moving average it also lines up with structure looking left"
Pending
The confluence of the 200-period moving average and previous support/resistance levels confirms an area of value for potential trades.
"we know we're in an area of value because of the 200 moving average we know we're in an area of value because of this confluence with our previous level of resistance that was support in the past as well"
Pending
A trading approach involves waiting for the market price to touch the 200-period moving average.
"i wait for the market to touch the moving average at the time we are looking at the chart right now this is the 200 period moving average"
Pending
A favored method to enhance trading opportunities is to combine the 200-period moving average with previous chart structure (support/resistance).
"one of my favorite ways to add confluence to moving averages is to say i will not trade the 200 period moving average unless when the market hits the 200 period moving average it also lines up with structure looking left"
Pending
The alignment of the 200-period moving average with prior structural levels (resistance and support) is a key factor for trade consideration.
"we also have that lining up with previous major structure resistance and support"
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A long wick that retreats significantly, indicating selling pressure, is identified as a potential entry candle.
"this is a long and large wick that came out of our area sucked all the way back down that to me is showing selling pressure that would be an entry candle"
Pending
Combining a double bottom pattern with an area of value (like the 50-period moving average) significantly increases the probability of a successful trade.
"double bottom is happening at the 50 period moving average so when you have an area of value you can combine this price pattern with it can really increase the odds of this being a winning trade"
Pending
A double bottom pattern occurring at the 50-period moving average is a significant trading signal.
"this double bottom is happening at the 50 period moving average"
Pending
For a double top at resistance, the second test of the level must at least touch the 50-period moving average.
"we have our first stop and the rule would be on that second test of that resistance level you would want to see that second test at least touch the 50 period moving average"
Pending
A rule for a double top trade is to avoid it if a green candle forms with no part touching the 50-period moving average, indicating it's moved too far above the area of value.
"this is just how you would make a rules-based system around this what i mean by space above it is you say you get a green candle that looks like this if there's nothing touching the 50 moving average not even a wick then you don't want to take that as a double top trade"
Pending
Candles clustered around or just touching the 50-period moving average on the second top of a double top pattern suggest a potential market decline.
"if candles are clustered around on that second top or if a candle just touches with the wick like we have here then that's a pretty good indication that we could see a fall out of this market"
Pending
The target for trades is set at a 1.4:1 reward-to-risk ratio based on the stop-loss level.
"our target is going to be a 1.4 to 1 reward to risk profile based on that stop-loss"
Pending
A previous trade was closed out due to the time of day (5 PM) and a profit of approximately $110.
"this is the trade we had earlier and i ended up exiting the trade because it was 5 p.m for like 110 or so"
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A trade reached almost a 3:1 reward-to-risk ratio, exceeding the initial 2:1 target mentioned earlier.
"we had our targets at about i think i ended up getting almost a three to one"
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A loss of $500 on the AUD/CAD trade was offset by other profitable trades, resulting in a net gain.
"i had a negative 500 on the aussie canada trade bringing me to a thousand plus"
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A $110 profit from the CAD/CHF trade, attributed to a 5 PM candle, contributed to a total profit of $1,110 for the day.
"i had the 110 dollar win because of the 5 p.m candle on the cat twist bringing my grand total using this to a thousand one hundred and ten dollars"
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Acknowledges that a trade resulted in a loss, which is an inevitable part of trading.
"this trade lost guess what it happens in trading"
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A solid risk management plan is identified as the second crucial step in achieving profitable trading.
"the third step in becoming a profitable trader is so important actually it's the second step in my triangle of trading success and the second step is having a solid risk management plan"
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Risking an excessive amount per trade is equated to deliberately giving money to the market.
"if you're sitting there risking too much per trade then that is you willing to give the market your money"
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A trader decided to risk 10% of their capital on a trade, deviating from the usual 1-2% risk, due to a need for extra money.
"you decide okay well today instead of taking a normal one percent risk or maybe two percent risk whatever you're used to you decide you're going to risk 10 percent because you need extra money"
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A trade with a 10% risk was lost, highlighting that losses are a natural occurrence.
"risking that 10 percent that trade loses because it happens right losses do occur"
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Risking 10% on every trade could lead to significant losses, especially if a strategy experiences multiple consecutive losing trades.
"even worse than that what if you risk 10 every single trade the strategy like this might have five losses in a row or more"
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It is crucial to backtest a strategy for profitability and to implement a robust risk management plan within the overall trading plan.
"be sure that you not only back test this to see and ensure that it actually makes a profit over time but also that you have a solid risk management plan inside of your trading plan"
Pending
Email alerts are provided to demonstrate the practical application of learned strategies in real market scenarios, rather than serving as trading signals.
"this strategy comes with three to five email alerts per week not meant as signals but meant to help you understand exactly how i am using the strategies you're learning in real markets"
Pending
Weekly 'best setups' videos will highlight specific market areas of interest for potential trading opportunities.
"i will be coming at you with a video every single monday of what i call my best setups of the week and these are areas in the market i'm paying attention to for possible trading opportunities"
Pending
An advanced training program offers insights into all the strategies the speaker personally employs daily.
"in that program i show you every strategy that i personally use every single day"
Pending
The trading program equips individuals with both the strategies and the specific market areas to apply them, providing a comprehensive weekly trading plan.
"using the strategies you learn in the course at these areas in the market so with that being the case you're set up throughout the week because you have the strategies i'm using plus the areas i'm looking at to use those strategies in"
Pending
A mentorship program, accessible via 'priority email', allows direct access to the speaker for trading-related questions.
"this program comes with what i call priority email it is a mentor program and this is your access to yours truly at any point that you have questions it will be me answering those trading related questions for you"
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A trade with a $500 risk resulted in a profit of approximately $1500 (a 3:1 reward-to-risk).
"i ended up having these were all about a 500 risk so i had 500 times three ish so 1500 on this trade"
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Properly applied moving averages can unlock highly effective trading opportunities.
"what i found out throughout learning more about moving averages and using them correctly is that if used properly moving averages can create some extremely powerful trading opportunities"
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Moving averages, when combined with other technical factors, can lead to highly profitable trading opportunities.
"in order to create some extremely profitable trading opportunities"
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The 20, 50, and 200 period moving averages are identified as the most effective tools for trend determination.
"the 20 period moving average the 50 period moving average and the 200 period moving average these are the most popular and by far the best for helping to determine trend"
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The 200-period moving average frequently serves as a support level for long-term trends.
"the 200 moving average which actually acts as support quite often happens as support for long-term trends"
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The 20, 50, and 200 period moving averages are recommended for use as areas of value due to their widespread respect among traders.
"i would absolutely stick to the 20 the 50 and the 200 because these are the most respected moving averages by traders around the world"
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A long trade is initiated when the price touches the 20-period moving average and a bullish confirmation candle closes above it, provided the moving averages are fanned out.
"when i get a touch of my 20 period moving average and let's say a close above candle like this right here that's when i want to place a long trade"
Pending
For a buy trade, the entry signal is a green candle that closes above the 50-period moving average, after other conditions are met.
"i would be looking for a green candle and also i want that candle to close above the 50 period moving average"
Pending
Combining a double bottom pattern that occurs at the 50-period moving average with an area of value significantly enhances the likelihood of a winning trade.
"this is a double bottom is happening at the 50 period moving average so when you have an area of value you can combine this price pattern with it can really increase the odds of this being a winning trade"
Pending
A double top pattern is presented as an example for a short trade setup.
"this is an example going short and for this example we're looking at a double top"
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When a double top forms at a resistance level, the second test of that level must at least touch the 50-period moving average.
"we have our first stop and the rule would be on that second test of that resistance level you would want to see that second test at least touch the 50 period moving average"
Pending
Clustered candles or a wick touching the 50-period moving average on the second top of a double top pattern suggests a potential market decline.
"if candles are clustered around on that second top or if a candle just touches with the wick like we have here then that's a pretty good indication that we could see a fall out of this market"
Pending
A stop-loss is placed approximately four pips above the swing high for a trade.
"our stop loss is going to be about four pips above our stop above this level over here"
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The initial target for trades is set at a 1.4:1 reward-to-risk ratio.
"we're going to look for 1.4 on initial targets"
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The speaker is currently in a trade and plans to demonstrate another trade opportunity using the same strategy.
"we are involved in this trade and now what I want to do is show you guys another trade that's actually on my radar right now using the same exact strategy"
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For a double top formation, the second test of the resistance level should at least touch the 50-period moving average.
"we have our first stop and the rule would be on that second test of that resistance level you would want to see that second test at least touch the 50 period moving average"
Pending
A double top pattern at resistance requires the second test of that resistance to touch the 50-period moving average for a valid short trade setup.
"this is a double top so we have our first stop and the rule would be on that second test of that resistance level you would want to see that second test at least touch the 50 period moving average"
Pending
Initial profit targets are set at a 1.4:1 reward-to-risk ratio.
"we're going to look for 1.4 on initial targets"
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The speaker has entered a trade and will provide updates on its progress.
"we are entered into this trade i'll keep you guys updated as it plays out"
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A position is being exited at a support level for approximately a 2:1 reward-to-risk ratio.
"we are at a nice level of support that I was looking at for targets and we are going to exit this position for around a two to one reward to risk ratio"
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A trade is being closed for a profit of $110.
"i'm going to close this position for a profit of a hundred and ten dollars"
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For a buy trade, a primary condition is that the market price must be above the 50-period moving average.
"the conditions we're going to be is we want to see the market above the 50 moving average this is for a buy trade"
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A double bottom pattern is the second condition required for a buy trade.
"the second condition we want to see is a double bottom"
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A key condition for a buy trade is that the double bottom pattern must touch the 50-period moving average.
"the third condition is that that double bottom at least touches the 50 period moving average"
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The entry for a buy trade requires a green candle that closes above the 50-period moving average, fulfilling all prior conditions.
"we are looking for a green candle and the entry candle itself must close above the 50 period moving average"
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Once all predefined conditions and entry criteria are met, the trader is ready to execute a trade based on the rules-based system.
"if the answer to all of your questions is yes you are now ready to enter the market on a rules-based system"
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The stop-loss is placed one ATR below the swing low.
"my stop loss is going to be one atr below the swing low"
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A target of 1.4:1 reward-to-risk is set, calculated based on the stop-loss distance.
"my target is going to be a 1.4 to 1 reward to risk profile based on that stop-loss"
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The speaker defines a double bottom pattern by the price touching a specific 'box' on the chart.
"we have the touch of our box that classifies as a double bottom for me"
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All conditions for a buy trade (price above 50 MA, double bottom touching 50 MA) are met.
"we have all of our conditions met right we're above the 50 we have a double bottom the double bottom is touching the 50 period moving average"
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The entry for a buy trade is triggered by a green candle closing above the 50-period moving average, following the satisfaction of all prior conditions.
"next is our entry what is our entry a green candle that closes above the 50 period moving average"
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Entry into a trade occurs at the close of the confirmation candle or the open of the subsequent candle.
"i would be entering the trade on the close of that candle or the open of the next one"
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A stop-loss is set three pips above the swing high for a bearish trade.
"our stop loss is going to be three pips above the swing high"
Pending
The target for the trade is set at a 1.4:1 reward-to-risk ratio.
"our target is going to be a 1.4 to one risk reward"
Pending
For a double top formation, the second test of the resistance level must at least touch the 50-period moving average to be considered for a short trade.
"we have our first stop and the rule would be on that second test of that resistance level you would want to see that second test at least touch the 50 period moving average"
Pending
A wick touching the 50-period moving average during the second top of a double top pattern is a strong indicator of a potential market decline.
"if a candle just touches with the wick like we have here then that's a pretty good indication that we could see a fall out of this market"
Pending
A bearish trade is entered with a stop-loss of approximately 4-5 pips above the swing high and a target of 1.4:1 reward-to-risk.
"we enter the market we have a three pip stop-loss here as well and above our swing high which is one i'm gonna do four so that's gonna be about five pips actually four pips is fine and a 1.41 reward to risk ratio"
Pending
A trade achieved nearly a 3:1 reward-to-risk ratio, exceeding the initial target.
"we had our targets at about i think i ended up getting almost a three to one"
Pending
A $500 loss on the AUD/CAD trade was overcome by other profitable trades, leading to a net gain of over $1000.
"i had a negative 500 on the aussie canada trade bringing me to a thousand plus"
Pending
The day's trading activity resulted in a total profit of $1,110.
"bringing my grand total using this to a thousand one hundred and ten dollars"
Pending
A solid risk management plan is identified as the second critical component of the speaker's 'triangle of trading success' for achieving profitability.
"the third step in becoming a profitable trader is so important actually it's the second step in my triangle of trading success and the second step is having a solid risk management plan"
Pending
A suggestion to backtest the strategy on the AUD/CAD 5-minute chart over 100 trades to confirm its profitability.
"if you take this strategy you go out in the aussie canada five-minute chart and you see that out of the past 100 trades it made money"
Pending
The purpose of having defined rules (conditions, entries, stops, targets) is to ensure consistency and to enable backtesting for long-term profitability.
"the reasons we have all of these rules in place the conditions the entries the stops and targets is not just so we can stay consistent to the strategy because it's based around a set of rules but it's also so we can take those rules and test them to make sure that the strategy we're trading does produce a profit over a long period of time"
Pending
An advanced program reveals all of the speaker's personally used daily trading strategies.
"in that program i show you every strategy that i personally use every single day"
Pending
Weekly 'best setups' videos will be released every Monday, highlighting potential trading opportunities.
"i am going to be coming at you with a video every single monday of what i call my best setups of the week"
Pending
Specific market areas that the speaker monitors for potential trading opportunities will be featured weekly.
"these are areas in the market i'm paying attention to for possible trading opportunities"
Pending
The trading course provides strategies that can be applied to specific market areas identified for opportunities.
"using the strategies you learn in the course at these areas in the market"
Pending
A mentorship component offers direct access to the speaker via 'priority email' for answering trading-related questions.
"this program comes with what i call priority email it is a mentor program and this is your access to yours truly at any point that you have questions it will be me answering those trading related questions for you"
Pending
A 60-day money-back guarantee is offered, allowing for a full refund if the program is perceived to lack value.
"if you for any reason feel as though you did not get value out of the program worth at least what you paid just shoot us an email and my support team will send you a full refund"
Pending
A trade with a $500 risk resulted in a profit of approximately $1500, representing a 3:1 reward-to-risk.
"i ended up having these were all about a 500 risk so i had 500 times three ish so 1500 on this trade"
Pending
The total profit achieved through the discussed trading strategy is $1,110.
"bringing my grand total using this to a thousand one hundred and ten dollars"
Pending
A solid risk management plan is identified as the second crucial element for becoming a profitable trader, as part of the speaker's 'triangle of trading success'.
"the third step in becoming a profitable trader is so important actually it's the second step in my triangle of trading success and the second step is having a solid risk management plan"
Pending
Losses are an inevitable part of trading, regardless of the trading plan, mentor, or types of trades executed.
"these losses are going to happen no matter what kind of trading plan you have no matter what kind of guru you're following no matter what kind of trades you're placing you will have losses"
Pending
Professional traders must manage their emotions to ensure losses do not compromise adherence to a profitable strategy over the long term.
"your job as a professional trader treating as trading like a business is to make sure those losses do not affect your emotions in a way that you can no longer stay consistent to a strategy that otherwise would have made you money over a long period of time"
Pending
Excessive risk per trade is interpreted as actively offering one's capital to the market.
"if you're sitting there risking too much per trade then that is you willing to give the market your money"
Pending
The Forex market is characterized by its lack of leniency, and it will take all the capital a trader is willing to risk.
"forex is a market that doesn't have sympathy it will take every bit of the money you are willing to give it"
Pending
Traders should backtest their strategies for long-term profitability and integrate a robust risk management plan into their overall trading strategy.
"be sure that you not only back test this to see and ensure that it actually makes a profit over time but also that you have a solid risk management plan inside of your trading plan"
Pending
The trading course provides both the strategies and the identified market areas for their application, creating a comprehensive weekly trading framework.
"the strategies you learn in the course at these areas in the market so with that being the case you're set up throughout the week because you have the strategies i'm using plus the areas i'm looking at to use those strategies in"
Pending