If you’ve come to visit us at this site, you either read one of our frequent articles on barchart.com or have seen one of our many billboard ads directed to those individuals who want to use the guidance we offer to generate some income separate from their day jobs. Honestly, the world of trading education and guidance has several trading rooms suggesting that you follow along live, but there is none that teaches you how to trade while offering unparalleled information relevant to intraday or swing trading.
Information and education can cost a trader a lot of money whether it be related to trading stocks, options, ETF’s, or futures. And then at the end of your journey you wonder if you truly learnt anything that allows you to go fish. After all, trading ought to be approached just like a day job. You never go to work and come back home and reflect on negative income. Trading ought to be approached with the same mantra. It is important to be consistent and be consistently profitable. There are days that are not so good, the theme in your trading journey is to avoid days when the market offer little opportunity as those opportunities are better to be passed over while waiting for another day.
There are services that charge you ungodly amounts of money and want for you to pay these fees up-front – anywhere from $1,999~$7,999 annually and those that suggest that you will be enrolled into a “Millionaires Road Path” where a select group of high net-worth individuals trade live for your viewing pleasure. You will never get the entries they purport to have used to enter the trade often exiting the trade when you are entering.
And then there are the trade signals that offer an “automated trading method”. Yes, some ATM strategies work but none work better than you as a trader being able to manage your own entries, stops and exits. ATM’s can only do what you teach them to do – so they are always in a reactionary mode and trading to moving average cross-overs etc.
I push out a systematic and repeatable method which will help you analyze patterns in markets and understand why you should or should not make a move to enter.