Revolutionize Your Trading
To make a really long story very short, we believe there are five vital trading edge keys. Each of these five keys are built on valid fundamental trading principles and can be combined into one integrated powerful trading advantage.
Using the five trading keys below eliminates the vast majority of mistakes and pitfalls most traders make that prevents them from becoming consistently successful traders.
The first critical trading edge requires several components.
Your trade entry is the ONLY thing you have complete control over in trading!!
After you make your entry then the market has complete control over what happens!!
Your job after entry is to make the best response to what the market does.
The second critical trading edge is to understand and properly trade each of the three market modes:
Why does the market mode deserve a spot as a critical trading edge?
The reason is that any single entry logic only handles the one single market mode that it was designed to handle. When your entry logic and trading chart market mode are in harmony then you make good profits. When your entry logic and trading chart market mode are NOT in harmony you'll experience those unwanted equity losses. By keeping your entry logic and trading chart market mode in sync with each other you will improve your trading profitability.
The third critical trading edge is to understand and use the following three key fundamentals in priority of importance:
All indicators that do not provide valuable insights into at least one of these three key trading fundamentals listed above is to be considered a non-essential trading indicator.
The fourth critical trading edge, which is the greatest one of all, is Multiple Time Frames (MTFs). To best illustrate why using MTFs is the greatest "trading edge", let's look at a typical single time frame consolidation breakout trade on a 5 min trading chart. This trade setup often results in a fair trade producing a reward to risk ratio generally around 1.5 to 1. Compare that to trading a MTF consolidation that spans across the 5 min, 15 min, 20 min, 30 min, 60 min, 120 min, and 240 min time frames.
This trade setup often produced powerful breakouts that produce as high as 20 to 1 reward to risk ratios. These MTF consolidation breakouts create High Probability trading entries where the stop loss risk is low and the reward is very high. That is why MTFs became my third "trading edge" and the greatest "trading edge" of all. More details about MTF's are covered in the first 8 articles and videos which starts with "Truth vs Fallacy".
The fifth critical trading edge is using "Advanced Position Sizing" to properly control your risk per trade while maximizing your profit potential per trade.
This is the correct way to use leverage in your favor without increasing your risk!
Advanced Position Sizing can double or triple your profit while lowering your per trade risk. Complete details about Advanced Position Sizing is covered on this web page "Advanced Position Sizing - Done Automatically ".
Are you tired of struggling to find profitable trades? Are you looking for an edge in the markets? Look no further than our custom indicators and trading systems for TradeStation.
Gain a trading edge with our Price Action and Fractal Channel indicators, which can help you spot high probability trade set-ups.
Understand the power of Multiple Time Frames and Time Based Volume to take advantage of trading opportunities across different timeframes.
Our complete Turnkey Trading Systems operate on any Forex, Futures, and Stock symbols, and include a Visual Chart Trading strategy to execute trades directly from your charts.
Experience the power of computer-assisted trading, combining the strengths of human intuition and expertise with the sophistication of indicators and RadarScreen.
Let our expert-level Trading Indicators and RadarScreen do the heavy lifting of finding possible trades and managing trade exits, so you can focus on what you do best - making trading entries.
Our Learning Center is filled with free educational articles and trading videos to teach you about the Art of Successful Trading.
Learn about the critical fundamentals for profitable trading and enhance your knowledge about the Art and Science of Successful Trading.
Ready to start trading smarter? Browse our products and get started today. Transform your trading with custom indicators and strategies for TradeStation. Gain the trading edge you need to succeed in the markets.