- in Uncategorized by schooloftrade
Buying Pullbacks, Sell Retracements, Fast Track Method and Automated Day Trading Systems
Questions:
– Training on NT 7.0 next week
o Expect everything to be converted and working properly by next Monday
o Next Wednesday we will be training on it
– What is the dollar index correlation?
– How do we zoom in and out on our charts
o Hold down control and tap the up/down arrows
– When we buy a pullback, what is our entry trigger?
o Test of the trigger line (aggressive)
o Break of the swing high
o Break of the test bar
o Watch the video and read the document on the wave indicator and the wave pattern for more details on buying pullbacks and selling retracements
– Fast Track
o Perfect for beginners
o Teaches you good trading habits that you can use in your long term career
Discipline to wait
Confidence to take the trades
Confidence to AVOID trades
How to survive losses
1:1 RRR which is perfect for new traders to help them learn to take losses and move forward.
Limit orders for your entry, so EASY to trade with this
– Start and Stop times for my charts
o 12am start
o 12am stop
– Can you run NT 7.0 on Win XP, Yes
o Do we actually need to use it?
o You don’t need to spend the time and convert to NT 7.0
– What front month are your watching for the DX?
o 12-10
– Some of the benefits of NT 7.0 for OUR type of trading
o We can add trend lines and indicators to multiple timeframes
– As a member do we need to use NInjaTrader?
o No
o Im going to give you the charts, indicators, workspaces, templates, 24/7 tech support
o If you like the charts you use now just use our indicators on those charts and it’s easy!
– Auto Trader
o Is there a trial?
Not yet, but possibly once its finalized
Email me: JJ@SchoolOfTrade.com I can send you the results.
– Why not TradeStation?
o Too expensive
o Horrible fills
o Always crashing
o Customer service is horrible
o NOT a good choice for an active trader