Let your Winners run, Maximize Profits with this technique

–          Why is it so hard to let a winner run?
o    You don’t have confidence and you take profit too early
§  Don’t know where the profit target is
§  You don’t know how to read tape/speed of tape
§  You don’t know how to read momentum
§  You don’t have an idea of the big picture
§ 
o    The market may not make it possible, too choppy
o    The best way to be prepared to maximize your runner:
§  Identify the most important levels first (use a 89range chart)
§  Learn to read the tape, this will tell you when the market will reverse, and when you should take your profit
§  The tape will also tell you when to HOLD the trade
§  With tape, speed, and momentum we can easily identify when the market will reverse and we can manage our runner with ease.
How do you improve your focus:
–          Diet, exercise, sleep
–          You need to know what to focus ON
–          Email me for your custom trade plan and I will tell you exactly what to be focused on.
Automated trading systems:
–          Black Box:  developed by a programmer and cannot be changed, you turn it on and then turn it off, the ‘code’ is a secret
–          Grey Boxes: have OPEN code so that people can make small changes and adapt to a changing market
–          Our auto trader is a GREY BOX, not a black box
–          HFT:  High Frequency Trading System
–          Algy’s

    schooloftrade

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