February 10, 2011
- in Uncategorized by schooloftrade
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.