Wednesday, July 31, 2013

ES & NQ VIDEO Trade Review 07-31-2013



VIDEO REVIEW FOUND BELOW CHARTS.


ES:








NQ:






VIDEO REVIEW:



IF YOU WOULD LIKE TO LEARN HOW TO TRADE LIKE A PRO, CONSISTENTLY BUILDING PROFITS IN YOUR TRADING ACCOUNT, CONTACT ME.  I OFFER A INTRODUCTION PACKAGE FOR ONLY $200 FOR 3 ONE TO ONE SESSIONS THAT WILL GET YOU GOING IN A WINNING DIRECTION.  TRADENPERFORM@GMAIL.COM

Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential



Tuesday, July 30, 2013

ES & NQ TRADE REVIEW FOR 07-30-2013




ES:



NQ:



Trading of securities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Commentaries are educational in nature and are designed to contribute to your general understanding of financial markets and technical analysis. Use it how you want and at your own risk. I am not a registered investment adviser. This information is a general publication that reflects my opinion and is not a specific recommendation to any one individual. You must consult your own broker or investment adviser for investment advice. Controlling risk through the use of protective stops is essential

Monday, July 22, 2013

ES & NQ Video Trade Revew 7/22/2013 7:02:52 PM

So be sure when you step, Step with care and great tact. And remember that TRADING is A Great Balancing Act. And will you succeed? Yes! You will, indeed! (98 and ¾ percent guaranteed) Kid, you'll move mountains.” ― Dr.SeussOh, The Places You'll Go!

ES






NQ






VIDEO REVIEW



If you would like to learn how to trade as a professional with consistent strategy & profitability I offer an introductory coaching package of 3 one to one session for only $200.  Most traders lose money, but that does not have to be you.  There is a link at the top of the page that goes over what I cover in my coaching session along with a testimonial page. I help traders go from boom bust cycles to consistent profitability & growth. Invest in yourself.  

TRADENPERFORM@GMAIL.COM 




Notice: This Blog & its contents are intended to be for educational purposes only & not to be construed as trading recommendations in any way. You should not follow anyone blindly. Trading Futures & Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions are subject to change at any time.





Friday, July 19, 2013

Friday Trade Zone Review & Coaching Session 7/19/2013 11:52:47 AM



"Control, control, you must learn control!" --

YODA



Friday was a classic battle between bulls & bears with bulls maintaining control all day in ES while bears made a valiant but failed effort to take markets lower.  I reviewed the first half of the days trading action in the video you can find below the charts.  At the end of the day,  bears we forced to come in on ES as bulls never surrendered control and weak bears threw in the towel on NQ & it rallied up to the WHITE ZONE.   From a trade perspective,  I had a very good day.  Why,  because I did not allow my view (that we had a good chance for a downside push) to interfere with what the market was telling me.  NQ set up as an excellent short opening up into the WHITE ZONE but never above.  A short at or near the open was perfect trade placement.   ES on the other hand opened above the WHITE ZONE.  On most days I would have bought the first dip into the WHITE ZONE  on the long side but I chose to pass as I thought the move up was a head fake caused by option expiration.  Its rare to have complete weakness in NQ while there is a very strong ES. You will notice that even though I was leaning to the short side that I did not let that take me away from waiting for a set up in ES.   Had I allowed my thesis to override my discipline (in only taking trades that set up correctly) I would have had a down day in my overall trading.  Instead I had a moderatly good day. 

That set up in ES came over lunch as documented in the video.  It never yielded the rollover I was hoping for & in the end I was only able to scale half the trade for 6 ticks and lost 3 points on the second half.  Net net a 1.5 point loss on the position as a whole.  On the other side of the fence I was able to scale half the NQ short for 5 points and that let me move my stop to break even on the second half.   IF we rolled over I would have been paid very nicely   As it was,  I was stopped on the second half for a 5 point gain.  What I wanted to demonstrate in this mix was that while my thesis was wrong,  my positioning was right and because of that I was still able to walk away profitably.   

Lastly,  & this is very important.   I always stress that putting on trades in the last hour is VERY DIFFICULT to do profitably on a consistent basis & that fading markets at lows or highs in the last hour is a formula for trouble.  The last 15 minutes of the market clearly demonstrate why.  Short positions were run over.   I did not see many traders calling for a long run at the end of the day.  I did hear from several traders who were run over.  All unnecessarily.   Trading in the last hour is hard.  Stacking chips in this time frame is difficult if not impossible.  

Remember,  all that matters as a trader is growing your account.  You will never be on ESPN for the great trade you have & unlike professional athletes,  you only get paid for the plays you do make and you suffer financially for the bad calls you take. Having to work for free on Monday because you traded like crap on Friday sucks.  Stick to a winning game plan.   Make sure you have an EDGE and develop a strategy to exploit the hell out of that edge.  You only need 1 or 2 good trades a day to build your account.  I assure you .  Anyone can do it.  Anyone. 

Hope all do well tomorrow.   I will see you all then.  







NQ:





If you would like to learn how to trade as a professional with consistent strategy & profitability I offer an introductory coaching package of 3 one to one session for only $200.  Most traders lose money, but that does not have to be you.  There is a link at the top of the page that goes over what I cover in my coaching session along with a testimonial page. I help traders go from boom bust cycles to consistent profitability & growth. Invest in yourself.  

TRADENPERFORM@GMAIL.COM 




Notice: This Blog & its contents are intended to be for educational purposes only & not to be construed as trading recommendations in any way. You should not follow anyone blindly. Trading Futures & Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions are subject to change at any time.

Thursday, July 18, 2013

mid day coaching session 7/18/2013

Intraday Video Trade Review ES & NQ






If you would like to learn how to trade as a professional with consistent strategy & profitability I offer an introductory coaching package of 3 one to one session for only $200.  Most traders lose money, but that does not have to be you.  There is a link at the top of the page that goes over what I cover in my coaching session along with a testimonial page. I help traders go from boom bust cycles to consistent profitability & growth. Invest in yourself.  

TRADENPERFORM@GMAIL.COM 

Efforts and courage are not enough without purpose and direction.
John F. Kennedy 




Notice: This Blog & its contents are intended to be for educational purposes only & not to be construed as trading recommendations in any way. You should not follow anyone blindly. Trading Futures & Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions are subject to change at any time.




ES & NQ TRADE PLAN & REVIEW FOR 07-17-2013

ES & NQ TRADE PLAN & TRADE REVIEW FOUND BELOW

ES:




NQ:



If you would like to learn how to trade as a professional with consistent strategy & profitability I offer an introductory coaching package of 3 one to one session for only $200.  Most traders lose money, but that does not have to be you.  There is a link at the top of the page that goes over what I cover in my coaching session along with a testimonial page. I help traders go from boom bust cycles to consistent profitability & growth. Invest in yourself.  

TRADENPERFORM@GMAIL.COM 


If you know the enemy and know yourself you need not fear the results of a hundred battles.
Sun Tzu 

Notice: This Blog & its contents are intended to be for educational purposes only & not to be construed as trading recommendations in any way. You should not follow anyone blindly. Trading Futures & Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions are subject to change at any time.

Tuesday, July 16, 2013

ES & NQ TRADE REVIEW W VIDEO REVIEW FOR 07-16-2013

ES & NQ TRADE REVIEW; INTRADAY VIDEO TRADE REVIEW LINK FOUND BELOW.

ES:





NQ:




INTRA-DAY TRADE REVIEW VIDEO:

http://www.youtube.com/watch?v=DUhUPr3jXC4

CHARTS WILL BE POSTED AFTER THE CLOSE

If you would like to learn how to trade as a professional with consistent strategy & profitability I offer an introductory coaching package of 3 one to one session for only $200.  Most traders lose money, but that does not have to be you.  There is a link at the top of the page that goes over what I cover in my coaching session along with a testimonial page. I help traders go from boom bust cycles to consistent profitability & growth. Invest in yourself.  

TRADENPERFORM@GMAIL.COM 


I have just three things to teach: simplicity, patience, compassion. These three are your greatest treasures.
Lao Tzu 


Notice: This Blog & its contents are intended to be for educational purposes only & not to be construed as trading recommendations in any way. You should not follow anyone blindly. Trading Futures & Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions are subject to change at any time.

Monday, July 15, 2013

ES & NQ TRADE REVIEWS (NO VIDEO TONIGHT)

Normally I would do a detailed trade review but there really is nothing to speak of tonight.  The day was chop city.   If you over traded on the day time frame you probably lost.  Part of discipline is knowing when not to trade and this day embodied that. The winners today did less & found ways to keep themselves entertained without throwing away money.  Tomorrow is a new day.  Opportunities come to the patient hunter.  Goodnight. 








If you would like to learn how to trade as a professional with consistent strategy & profitability I offer an introductory coaching package of 3 one to one session for only $200.  Most traders lose money, but that does not have to be you.  There is a link at the top of the page that goes over what I cover in my coaching session along with a testimonial page. I help traders go from boom bust cycles to consistent profitability & growth. Invest in yourself.  

TRADENPERFORM@GMAIL.COM 

Notice: This Blog & its contents are intended to be for educational purposes only & not to be construed as trading recommendations in any way. You should not follow anyone blindly. Trading Futures & Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions are subject to change at any time.

Sunday, July 14, 2013

ES & NQ TRADE REVIEW FOR 07-12-2013

 ES TRADE PLAN/REVIEW:



NQ TRADE PLAN/REVIEW



VIDEO REVIEW:   http://youtu.be/YRDkRpsmiSc 



If you would like to learn how to trade as a professional with consistent strategy & profitability I offer an introductory coaching package of 3 one to one session for only $200.  Most traders lose money, but that does not have to be you.  There is a link at the top of the page that goes over what I cover in my coaching session along with a testimonial page. I help traders go from boom bust cycles to consistent profitability & growth. Invest in yourself.  

TRADENPERFORM@GMAIL.COM 

Notice: This Blog & its contents are intended to be for educational purposes only & not to be construed as trading recommendations in any way. You should not follow anyone blindly. Trading Futures & Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions are subject to change at any time.

Friday, July 12, 2013

Mid day coaching session.  Focusing on the highest odds trades and letting others trade the hard stuff. 

http://youtu.be/mtpp7GZeQ0M


1. Know that you have an edge.  2.  Have a plan to exploit the edge 3.Develop the desire to follow that plan on good and bad day.  4.  Enjoy trading.



If you would like to learn how to trade as a professional with consistent strategy & profitability I offer an introductory coaching package of 3 one to one session for only $200.  Most traders lose money, but that does not have to be you.  There is a link at the top of the page that goes over what I cover in my coaching session along with a testimonial page. I help traders go from boom bust cycles to consistent profitability & growth. Invest in yourself.  

TRADENPERFORM@GMAIL.COM 


Notice: This Blog & its contents are intended to be for educational purposes only & not to be construed as trading recommendations in any way. You should not follow anyone blindly. Trading Futures & Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions are subject to change at any time.

Thursday, July 11, 2013

ES TRADE REVIEW FOR 07-11-2013

TODAY'S VIDEO REVIEW LINK CAN BE FOUND BELOW THE TRADE PLAN AND POST MARKET CHARTS. 





VIDEO LINK:

http://youtu.be/OrpTJfGuSrA


“When we least expect it, life sets us a challenge to test our courage and willingness to change; at such a moment, there is no point in pretending that nothing has happened or in saying that we are not yet ready. The challenge will not wait. Life does not look back. A week is more than enough time for us to decide whether or not to accept our destiny.” 
― Paulo CoelhoThe Devil and Miss Prym



If you would like to learn how to trade as a professional with consistent strategy & profitability I offer an introductory coaching package of 3 one to one session for only $200.  Most traders lose money, but that does not have to be you.  There is a link at the top of the page that goes over what I cover in my coaching session along with a testimonial page. I help traders go from boom bust cycles to consistent profitability & growth. Invest in yourself.  

TRADENPERFORM@GMAIL.COM 


Notice: This Blog & its contents are intended to be for educational purposes only & not to be construed as trading recommendations in any way. You should not follow anyone blindly. Trading Futures & Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions are subject to change at any time.

Thursday, July 4, 2013

ES TRADE REVIEW FOR 07-02-2013

ES VIDEO TRADE REVIEW: LINK IS BELOW ES CHARTS


link to video review:

http://www.youtube.com/watch?v=lbKgTGL0Djs




The conditions of conquest are always easy. We have but to toil awhile, endure awhile, believe always, and never turn back.
--Seneca

If you would like to learn how to trade as a professional with consistent strategy & profitability I offer an introductory coaching package of 3 one to one session for only $200.  Most traders lose money, but that does not have to be you.  There is a link at the top of the page that goes over what I cover in my coaching session along with a testimonial page. I help traders go from boom bust cycles to consistent profitability & growth. Invest in yourself.  

TRADENPERFORM@GMAIL.COM 


Notice: This Blog & its contents are intended to be for educational purposes only & not to be construed as trading recommendations in any way. You should not follow anyone blindly. Trading Futures & Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions are subject to change at any time.

Wednesday, July 3, 2013

ES, NQ TRADE REVIEW 07-02-2013

ES TRADE REVIEW: LINK IS BELOW ES CHARTS



link to video review:

http://youtu.be/mWnHnEEGkZg


NQ TRADE REVIEW:




“Unfortunately, there seems to be far more opportunity out there than ability.... We should remember that good fortune often happens when opportunity meets with preparation.” 
― Thomas A. Edison


If you would like to learn how to trade as a professional with consistent strategy & profitability I offer an introductory coaching package of 3 one to one session for only $200.  Most traders lose money, but that does not have to be you.  There is a link at the top of the page that goes over what I cover in my coaching session along with a testimonial page. I help traders go from boom bust cycles to consistent profitability & growth. Invest in yourself.  

TRADENPERFORM@GMAIL.COM 


Notice: This Blog & its contents are intended to be for educational purposes only & not to be construed as trading recommendations in any way. You should not follow anyone blindly. Trading Futures & Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions are subject to change at any time.

Monday, July 1, 2013

ES VIDEO REVIEW 07-01-2013

TODAY'S ES TRADE REVIEW VIDEO CAN BE FOUND BELOW THE CHARTS.  



TODAYS VIDEO REVIEW:

 https://vimeo.com/69537650

Winning is habit. Unfortunately, so is losing.
Vince Lombardi 



Notice: This Blog & its contents are intended to be for educational purposes only & not to be construed as trading recommendations in any way. You should not follow anyone blindly. Trading Futures & Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions are subject to change at any time.

5 min coaching tip: Gaps

After receiving multiple questions on how to handle gaps I made this quick coaching video:  As always, I welcome your questions & feedback.

“Competitive sports are played mainly on a five-and-a-half inch court, the space between your ears.”
Bobby Jones

http://screencast.com/t/PqgTVTbtQU

Notice: This Blog & its contents are intended to be for educational purposes only & not to be construed as trading recommendations in any way. You should not follow anyone blindly. Trading Futures & Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions are subject to change at any time.