Tuesday, September 25, 2012

Trading With Your Eyes On The Road


Prof’s opinion is that selecting certain indicators to guide your trading, is not going to automatically make you a better trader.  So far, I have not found any indicator that I consider to be the “Holy Grail.”

Do you drive your car by only looking in the rear view mirror?  This would be dangerous, especially if you are driving at night.  Would you be likely to have an accident by crashing into something?  Ladies and gentlemen, I have often read estimates that 90 to 95% of the small traders lose their accounts.  This is why many trading websites have this warning: “Past Performance is not necessarily indicative of future results.”

Small traders who lose money usually drive their trading by looking at indicators that are not responsive directly to the current market price.  We advocate keeping your eyes on the road when you are driving your car (analogy=trading).  You will have fewer accidents by heeding signs: curve ahead, speed limit, rough road, road closed, etc.  You need to be aware of what other drivers in front of you, behind you, or beside you are doing. By being a safe driver you will not lose your car or possibly your life (analogy = trading account)

You can even have a safer trip if you use a GPS (analogy = alerting indicators to trade) to automatically tell you that you need to make a turn soon, there is a curve (analogy = swing trade) or a rough road ahead  (analogy = “chop”, prices are moving sideways) , or that you have reached an exit off the interstate (analogy = reached your profit target or stop loss). 
When driving you can reach your destination by alternate routes.  Our trading scheme is designed to adjust trades so that you can enhance your chances of exiting the overall trade with a profit.  You have to see the profminidaytrading system live to appreciate how it works.  Our training program is designed to teach you to perform live trades in your own simulation account with our guidance.  Performing live trades for several consecutive weeks whenever the setup point is reached will increase your confidence to make trades.  Within a few weeks you will know when you are ready to trade with real money.  The proof will be that you have successfully created a positive equity curve doing live trades in your simulated trading account.

Profminidaytrader’s training in trading will equip you to trade with a GPS so you can navigate to places you have never seen before.  You will learn to enter or exit a trade based on the information you interpret on the right edge of your screen. Just as you can drive your car anywhere, once you learn how to drive safely, Profminidaytrader’s training will equip you to day trade E-mini Futures whenever you want to, and to be able to cope with changing market conditions whenever they occur.

If you can find a trading performance record that is better than Profminidaytrader’s anywhere on the internet, Email the link to profminidaytrading@gmail.com and we will reward you with one month of FREE access to our live trading room.

Thank you for viewing and listening to this presentation.
Drive and Trade safely.

Prof  

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