February 10, 2011

Fast Track Method and Market Profile Day Trading Strategies

Questions:

–          Fast Track Method
–          Training today on the FT method for our members
–          Use the notes in the download section
–          Follow along and watch the video on the advanced course
o    Does not use difficult entries and trade management
o    1:1 risk/reward ratio (how to survive a loss)
o    No trade management (focus is on the entry)
o    Using patience and discipline to watch the trades play out.
o    Teaches you more about YOURSELF and the MARKETS than any other way of learning while you’re earning.
o    Start with only 1 contract.
          
–          How do we use the dollar index?
–          Market Profile
–          Covered in the intermediate course
–          I don’t use it to trade with
–          I use it as an educational tool to better understand how support and resistance works.

    schooloftrade

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