Timeless Dollars – Trading Mastery For Financial Freedom

Description

Trading is perhaps the most valuable skill anyone can learn. The thought of making money by sitting at a computer in the comfort of your own home is a dream come true for most people, and that’s why so many try to master the skill. The truth is, trading is a skill that cannot be mastered, BUT, it can be learned. Here’s a fact: trading is not complicated, but it’s also not simple, and here’s why: there are only 6 trade setups that inform a skilled trader when to enter a trade. Is learning 6 setups difficult? Of course not. But along with the setups is gauging the risk. So a skilled trader will determine if a trade is warranted when he/she recognizes a setup and also by knowing the risk. The risk is a point at which the trade will fail and the trader will close the trade with a small loss. Of course, if prices move away from the failure point, the trade succeeds and the trader reaps his/her profit. Simple!

A skilled trader also knows the daily trading zone – the area of the chart where prices are most likely to trade. This is based on a numerical calculation. The course will cover this vitally important piece of information and explain how to make the calculations. Knowing where the market is likely to trade on any given day is like having a crystal ball and will result in your greatest trading profits.

Finally, there are rules to trading. Rules are intended to keep you safe and preventing small losses from becoming large losses. The course teaches 12 rules, 6 of which are suggested as critical and should be memorized so that they are subconsciously active whenever you are in a trade and concentrating on your chart.

Finally, the course will cover some of the psychological aspects of trading. Almost all traders practice using a simulated trading account, also called paper trading, While simulated trading, traders can practice their trading style and apply the “mechanical’ aspects of trading, entering trades, exiting, and pattern recognition. But trading real money inserts a psychological element that simulated trading simply cannot. Therefore, we will touch on how to deal with the psychological aspects inherent in trading.