The Ultimate Trader Part 3 / 12

How To Increase Your Probability of Winning by Reading Charts Properly

In part 3 of "The Ultimate Trader," we are going to discuss the foundation of technical analysis.

Statistics show that 75% of online retail traders lose trading the markets. If 25% make money, how do they do it? Aside from having the right mindset, they must have a good trading system. What do they do and use? For 2 hours, I am going to reveal to you the following:

  • Tips what trading system they use.
  • Why this information is not available out there?
  • The KISS method
  • Why indicators are all lagging and how they have heirarchy in the trading food chain.
  • Why trading systems that use indicators have a LOW probability of winning and have a very HIGH risk of getting stopped out.
  • What is the foundation of technical analysis
  • Is technical analysis enough to be profitable in trading
  • How to apply the foundation of technical analysis in ALL trading classes from what we discussed on Part 2 of the series.

Since this is an interesting topic and there's a probability this will be a full house, I am going to give first preference to members who attended the first two classes.

I will see you in class!

Best wishes,

Reynaldo

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  • David M.

    Hi Reynaldo - unfortunately, I can't make it to the meeting tonight. I hope you'll let me apply fees to the next meeting instead. Apologize for late notice, but there are some work projects that need to be completed tonight.

    March 13, 2013

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