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His ebook on how to trade centers around his
''High Low Trend Following Strategy'', which, has had good
results on just about all the markets I tested it on. This
is a great little method for any time frame but particularly
if you are an intraday trader.
In one month this technique applied to 60 minute charts
produced over $11,000 in the E-Mini S&P and over
£12,000 in the FTSE
What I like about this course is how he admit to his failing
as a trader when he started. In fact he starts off the ebook
by telling you how lost £60,000 (Approximately $96,000)
when he started. This really appealed to me as just about
every trader I know lost money when they started.
The course itself is broadly divided in to two sections.
Section one of the course covers the theory behind the futures
market and explores the practical knowledge you must have
in order to trade.
Section two of the course gets down to the good stuff. This
covers how he approaches the markets and shows the exact methods
he uses to trade based on his high low trend following strategy.
He also includes a great little piece of software called
''Market Master'', which lets you, practice trading with any
risk to you. This alone is worth more than the cost of the
course. See picture.
The other thing I like about his course is his use of time
frames. He uses more than one time frame to trade which, has
always been the foundation of my own trading methods. Remember
you only need one technique that you know, understand and
makes sense to you to make money trading.
Click here to view his course>>
http://www.wizardoftrading.com/go/tmot.html
Here are some extracts from his website.
What you will learn from the course:
- The High/Low trend following strategy.
- 3 ways to profitable trading with the High/Low trend following
strategy.
- The most important lesson I have learned about success
in trading.
- The 2 key components to successful futures day trading.
- How to read an individual price bar (there is more there
than meets the eye).
- The trading revolution, what it is and how it effects
you.
- Why Direct Access Futures Trading is the only option for
day trading.
- Why Spread Betting stacks the odds against the day trader.
- What are futures? A straightforward explanation covering
what you need to know to trade successfully.
- Why Volume is the 2nd most important indicator after price.
- How to read and profit from the Depth of Market (DOM).
- How to read volume (you won't find this in most trading
books!).
- The history of the futures exchange: CBOT, CME, LIFFE
& EUREX.
- How the trading pit works and how it relates to Direct
Access Trading.
- The 3 primary uses of Futures Markets.
- How the futures price relates to the cash price.
- How futures cash arbitrage works.
- What you specifically need to know to trade the E-Mini
S&P, FTSE100 and DAX futures.
- Margins; what they are and how they work.
- The trailing stop, what it is and when to use it.
- What you need to know about delivery and why.
Click here to view his course>>
http://www.wizardoftrading.com/go/tmot.html
Good Trading
Best Regards
Mark McRae
PS. Don't for get to check
out our bookstore at www.tradingforbeginners.com/main.html
Information, charts or examples
contained in this review are for illustration and educational
purposes only. It should not be considered as advice or a
recommendation to buy or sell any security or financial instrument.
We do not and cannot offer investment advice. For further
information please read our disclaimer.
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