Problem: Have you ever gotten long a stock and in less than ten minutes wondered if perhaps you should have been short?Have you ever been ten percent from your target on a trade and given it all back only to tighten the stop on the next trade so tight you stopped out of a large winner right before it moved?
At the end of the day are you often at break even after overtrading and spinning your wheels?
Solution: In six 90 minute evening coaching sessions I can teach you how to write out a professional gap trading strategy that will put trading psychology on your side and put your management decisions on auto pilot.If you’ve ever told yourself the next time I make a few thousand dollars I am going to get the coaching, STOP! Get the coaching. Don’t do this backwards. No one is going to ask how your trading improved. But you will know.If you want ivory tower complicated esoteric formulas with combinations of secondary and tertiary indicators this coaching is not for you. But if you understand TPM I and have realized that the market is all about fear and greed then this coaching IS ABSOLUTELY for you.
If you believe that $1495 and 90 minutes for six evenings (or two Saturday afternoons) are a worthwhile price to pay to have the confidence to trade gaps like a pro, then read the next six bullet points covering the six lessons.
Learn how to scan for and find gap trades in the pre market that show a significant edge. Don't get caught at the opening bell not knowing what to trade.
Go deep into the psychology of gap patterns to determine which are bullish and which are bearish. Which are neutral and will waste your time and mental capital. Which are good for day trades and which may be good for multiple day moves.
Obtain an arsenal of tight intraday entries that get you into the high odds setups you learn in lessons one and two. Get the confidence and discipline to wait for them and then have a plan that lets you act on these entries.
Learn the art of trade management. Learn what it means to place constraints on a trade. Learn the three primary types of trade management and when to use them.
Learn to use decision tree theory to manage your trades. Never find yourself not knowing what to do in a trade management situation. Put your trading plan on auto pilot. Free your mind to search and scan for new plays instead of fixating on your P&L minder.
Learn 5 money management rules absolutely essential to making your plan work. Tailor them exactly to your personal style. Action: Stop guessing if a gap is going to get filled or going to break away. Stop wondering if your intraday entries are logical. Stop managing every trade based on what happened to your last one. And stop promising yourself you’ll take the coaching after you make some money.