Most traders know that discipline is as much as 90 percent of the game, yet most traders spend 90 percent of their effort on the process, ignoring the area that can provide the biggest opportunity for growth. In this brand new DVD taped at the 2010 Chicago Trading Forum, Norman Hallett shows how he has helped all types of traders gain the strength to pull the trigger without ever second guessing.
Jake Bernstein was one of the most popular presenters at our forum; he received great reviews from the attendees.So we had to get his new DVD out ASAP.Take a look at a clip from his session.
We are cranking out all the DVDs from our Legends of Trading Forum in April. The first one is Jea Yu's DVD, Short-Term Profit Hunter: Stochastics, Moving Averages and the Mindset to Make You a Winning Trader.
So it has been a few weeks since our 2010 Legends of Trading Forum (which was a huge hit)!We are busy editing and getting these DVDs into production, but we wanted to give you all something.So here is a clip from John Person’s presentation:
With a centralized market like stocks and commodities everyone knows exactly what time the opening bell will ring. Traders also know that the first 15-20 minutes following the bell are critical for the entire day. But what happens with a 24-hour market like forex? Believe it or not forex has a critical power hour too. . .but it may not be the one you would have guessed.
FUTURES, STOCKS, BONDS, CURRENCY AND OPTIONS TRADING INVOLVES HIGH RISKS WITH THE POTENTIAL FOR SUBSTANTIAL LOSSES.
PLEASE READ. PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. THERE IS A SUBSTANTIAL RISK OF LOSS TRADING STOCKS AND OPTIONS WITH OR WITHOUT THIS OR ANY OTHER ADVERTISED PRODUCT, SERVICE OR SYSTEM. ALSO, HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
In this learning video, I will show you a first example of trading based on technical analysis. We start with a long trade, how to make buy and sell decisions based on technical analysis techniques. I will apply the basic knowledge presented in the previous videos.
We will be looking at the chart of Avery Dennison Corporation. The date is February 13 2009. The first thing you do is, look at the long term trend with a weekly chart.
January 26 price reached a long term high, finishing a long term Elliot impulse wave up. We will use my Elliott wave count indicator to find a count that complies with the Elliott wave rules.
Selecting an option strike price is an often overlooked but important part of profitable option investing. Option premiums consist of time value an intrinsic value.
Option Premium = Time Value + Intrinsic Value
The strike price of an option determines the option’s time value and intrinsic value. Options lose all time value at expiration.
Options Lose All Time Value at Expiration
When you purchase an option the time value portion of an option is a decaying asset. Therefore the goal is to maximize intrinsic value and minimize time value when you purchase an option.
Goal is to Maximize Intrinsic Value and Minimize Time Value
In this video you will learn a simple method for selecting a strike price that allows you to maximize intrinsic value and minimize time value when you purchase an option.
FUTURES. STOCKS, FOREX AND OPTIONS TRADING INVOLVES HIGH RISKS WITH THE POTENTIAL FOR SUBSTANTIAL LOSSES.
PLEASE READ. PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. THERE IS A SUBSTANTIAL RISK OF LOSS TRADING STOCKS AND OPTIONS WITH OR WITHOUT THIS OR ANY OTHER ADVERTISED PRODUCT, SERVICE OR SYSTEM. ALSO, HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
Trading options can seem overwhelming to many investors as there are so many options to choose from. For example, if you want to trade options on Apple stock today there are currently 396 different options available for Apple. How does an investor effectively select an option with good profit potential among 396 choices?
Learn how the Option Cycle Strategy can help you select options with the best profit potential through the use of historical price data.
Since our Legends of Trading Forum was such a success we have decided we must have another! We will keep you updated on when and where! More info coming...
