There are many slick strategies for trading the markets and there are at least 500 different indicators and trading methodologies on the market today. It all gets very confusing and very expensive trying to absorb all of those indicators and trading methods in pursuit of the 'Holy Grail' that will bring fortune and fame from trading the markets. We've discovered four basic truths.
TRUTH # 1; There is no 'Holy Grail' out there. Those that squander their time and money hunting for a pot of gold at the end of the rainbow ( the magic indicator) will eventually end up depleting their capital and walk away in shame, confused and disgusted.
TRUTH # 2; Simple is the best. We can only comprehend a certain amount of information at any point in time and the greater the information overload ... the less likely we are to succeed.
TRUTH # 3; You earn your money from trading. This is not a game of chance like a craps table at a gambling casino or hitting your lucky number in the Lotto drawing. This is all about defining the probabilities of success and targeting only those opportunities that have much greater than average odds at producing a positive outcome.
TRUTH # 4; Trading is a business, not a part time hobby, not a sporting event or an intellectually stimulating form of entertainment. It's a business and like any business, in order to succeed you need to commit 100% of your intellect, time and resources towards becoming a success. 70% of small retail traders fail at this business because they don’t treat it like a business.
In our basic training material we are going to show you how to read 5 Kwik*POP indicators and using those indicators we will target two easy to identify trade set ups. A TWO UP buy signal and a TWO DOWN sell signal. We ask that you sign up for our free newsletter and attend our training sessions in our chat room. On the right of this page are five videos that describe the indicators and the patterns we look for when trading.
INTRODUCTION
- Please read this Training Manual thoroughly and attend our training classes in our HotComm chat room.
- Click HERE
- ON GOING LIVE TRAINING
- Attend our live chat room at RELAY1:KWIKPOP in HotComm on Monday .Tuesday and Wednesday between 11:45 A.m.and 12:30 p.m. When we review, in detail, every pattern that set up .
- These sessions will dramatically shorten the learning curve on targeting buy signals and sell signals.
UNDERSTANDING AND MANAGING RISK
Newer traders tend to dwell on the 'reward' side of the equation while ignoring the 'risk' side. That is a dangerous habit and it's the reason so many small traders fail at this business.
Please review our RISK DISCLOSURE and be certain that you are sufficiently capitalized and can endure potentially significant losses.
You'll be competing with some of the best minds and best traders in the business. They make a very good living off your mistakes. Risk mitigation should be your focal point until you thoroughly understand the market dynamic.
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