Day Trading and Swing Trading Futures with Price Action.
Offered By: Udemy
Course Description
Overview
What you'll learn:
- How to acquire the skills to achieve higher levels of trading mastery.
- How to improve your Risk and Money Management Plan.
- How to upgrade your trading methodology to read correctly price action.
- How to make high probability trades with minimum risk at any time frame.
DAY TRADING OR SWING TRADING THE FINANCIAL MARKETS
A trading plan applicable to futures, stocks, forex, cryptocurrencies, or any financial instrument to gain unlimited confidence using price action. An evergreen course to help you become a more realistic trader.
In this course you will learn:
How to acquire the mindset to achieve higher levels of mastery trading futures or any other financial instrument.
How to improve your Risk and Money Management Plan.
How to upgrade your trading methodology to read correctly price action for identifying the strongest trend in place.
How to apply the right skills and tools to increase the probabilities of making winning trades while reducing risk.
How to integrate risk control, money management, and price actionto have a successful trading business.
I have designed this course with the best intention of helping people who want to get involved in the world of trading, but first of all, I need you to understand and accept a survival rule in this business: "NO ONE KNOWS WHAT WILL HAPPEN IN THE MARKET, PEOPLE ONLY HAVE SLIGHT IDEAS". Markets are driven by trends and psychology in the short-term. The truth is no one knows how far the market will go up or down. No trader has ever had complete clarity about the path markets will take over the short-to-intermediate-term. There are far too many variables at play to know what will happen with anything approaching certainty when it comes to market psychology. This is extremely important that you internalize it so that you can positively advance in the process of making profits trading in the financial markets. I hope you accept and agree with that. Let´s move forward.
There are two emotions at play when trading the markets; "FEAR and GREED". Fear and greed are emotions that powerfully influence a trader's mind. But especially fear is a feeling that becomes an impenetrable barrier for many people who have been bitten by the markets. All human emotions play a huge role in the final outcome of this business endeavor. Greed and fear are powerful enemies not easy to control when there is real money involved. News, colleague’s comments, TV experts, and even family members can supply additional doses of adrenaline that can make you take wrong trading decisions. After a series of bad trades and some money lost you become ill, and this illness is called “Fear of Losing”, what happens next? you are afraid of pulling the trigger to make a new trade again.
There are differences between Day Trading and Swing Trading, which are very important to know and can make the difference between living or dying as a trader. Day trading means competing in a world of nanoseconds with supercomputers located near the exchange houses which for a human being is very difficult. High-frequency trading nowadays generates an amount of noise in intraday data that is complex to handle and only very astute traders can compete at this level. If you don't understand how the integration between risk, day trading and swing trading works this will put the odds against you.
If a person who aspires to be a trader is not able to control risk efficiently and does not have an edge that allows him to read the price action in the markets, then that person will be condemned to enter a cycle of good and bad trades where generally losses outweigh gains leading this to doom.
I have these questions for you:
1.-What is motivating you to get on this course?
2.-What do you want to accomplish with this course?
3.-Where are you today with your trading and where do you want to be?
4.-What is your biggest problem right now with your trading?
5.-What happens if the following information answers all your questions regarding your concerns today?
Now, if you have been trading and constantly have these thoughts inside your mind like:
I am losing money trading
I make many bad trades
I take profits too soon
I do not know how to maximize my winning trades.
I let my losers too much time running
I am afraid to pull the trigger
I lose a lot of money in each losing trade
I do not know where to put my stop loss
I enter the market and immediately it goes against my position
The market hit my stop loss all the time
I do not understand price action
I do not know what time frame to use
I do not know how to detect a valid trend
I do not have a winner trading strategy
My technical indicators do not work
Then please keep reading because in this course ...
You will find a solution that could help you solve the problems and dilemas of trading at both time frames.
"Stay away from herb behavior and trade like a contrary-minded pro!"
In this course, I am going to talk about day trading in a short time frame and I am also going to compare it with swing trading in a longer time frame. All this with the intention that you can compare them and understand the key details of trading on these time frames.
This course is about how to trade (any time frame). When we talk about trading, ("no long-term investment"), we are assuming that we are going to buy or sell a financial instrument which we will have in our possession for a short-term (minutes or hours) or medium-term (days or weeks) and then we will close that position depending on the current market condition which favors us or not.
The trading method that is explained in this course can be applied to any financial instrument and to any time frame . In this course, I talk about day trading but my method can be applied to swing trading as well. We are looking for a fractal phenomenon which can be spotted in any time frame. Here I use intraday tick data but for the sake of the general public, I have designed my methodology document using a time frame for swing trading. Once you have acquired experience in swing trading you can adapt this method for day trading if that is what you really like.
Having said that, I need you to understand that it is practically impossible to forecast market behavior. No one knows what will happen in the next few minutes, days, or weeks. The first thing we must assume to be successful in trading the financial markets is that we do not know what will happen after we take a position, and what we do is a mere bet based on price action analysis. It is crucial that you understand and accept RISK, it as the greatest truth about trading. I this course I will help you to understand a trading model based on "PRICE ACTION" and "RISK CONTROL".
Experience a positive transformation in 30 days if you apply this model.
For trading the markets you need an edge, you must have a trading method with positive expectancy, this is crucial. This method must be consistent with your own personality and comfort level. The approach you use must make you feel comfortable. In this course, I am giving you the tools to find your edge to succeed.
How to avoid emotions to trade successfully by yourself? It is very hard to detach a human being from emotions when trading with real money. What you can do is to control or minimize those emotions. The answer to this dilemma is to learn how to control “RISK”.
Once you learn how to manage risk you will enter a state of mind that will control emotions and will let you take trading decisions with the best odds of becoming profitable. After a while, you learn that losing is part of the game and when losses are in control then “fear” of losing disappears from your mind and you will begin to trade successfully.
This course is set for students that want to learn how to read price action and control risk to build a sustainable trading business.
Students will get step by step instructions for optimizing their skills to take high probability trades reducing risk using any time frame (Day Trading or Swing Trading).
With this course, you will solve any problems you have with your trading method, you will set your mind to listen to the market and to act only after the market tells you what to do.
This course foundation is based on endless hours of studying price charts and money management. Risk reductionis the cornerstone of trading the financial markets, if you focus your trading plan on caring for minimizing risk, then profits will take care of themselves. During this course, you will makean in-depth analysis of implementing risk reduction into your trading plan, which is the highway to becoming a profitable trader.
I will give you the tools you need to develop your personal trading method with a positive expectancy for trading any financial instrument using any time frame you see fit.
TAKE ACTION. Remember, a lot of knowledge is worth nothing if no action is taken. Only by taking action, you will transform knowledge into wisdom thanks to the small steps you took. Only then you will see a change.
RISK DISCLOSURE
All forms of trading carry a high level of risk so you should only speculate with money you can afford to lose. You can lose more than your initial deposit and stake. Please ensure your chosen method matches your investment objectives, familiarize yourself with the risks involved, and if necessary seek independent advice.
U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Trading financial instruments of any kind including options, futures, and securities have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them to invest in the options, futures, and stock markets. Don't trade with money you can't afford to lose.
NFA and CTFC Required Disclaimers: Trading in the Foreign Exchange or Futures market is a challenging opportunity where above-average returns are available for educated and experienced investors who are willing to take above-average risk. However, before deciding to participate in Foreign Exchange (FX) or Futures trading, you should carefully consider your investment objectives, level of experience, and risk appetite. Do not invest money you cannot afford to lose.
Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
All information on this site is for educational and research purposes only and is not intended to provide financial advice. Any statement about profits or income, expressed or implied, does not represent a guarantee. This information is neither a solicitation nor an offer to Buy/Sell options, futures or securities. No representation is being made that any information you receive will or is likely to achieve profits or losses similar to those discussed in this course. The past performance of any trading system or methodology is not necessarily indicative of future results. Get the advice of a competent financial advisor before investing your money in any financial instrument.
Terms of Use: Your use of this information indicates your acceptance of these disclaimers. Also, you agree to hold harmless the publisher and instructors personally and collectively for any losses of capital, if any, that may result from the use of the information. In other words, you must make your own decisions, be responsible for your own decisions, and trade at your own risk.
Taught by
Humberto Malaspina
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