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leading trader .com. Special FREE Webinar. Strategies For Trading A Small Account. With Alessio Rastani and Kevin Burton.
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leadingtrader.com Special FREE Webinar Strategies For Trading A Small Account With Alessio Rastani and Kevin Burton
Trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them. Don't trade with money you can't afford to lose. This presentation is neither a solicitation nor an offer to Buy/Sell any trading instrument. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this presentation.The past performance of any trading system or methodology is not necessarily indicative of future results.
Would you drive in OPPOSITE direction to the flow of this traffic?
We Take The Path Of LEAST Resistance This gives you HIGHER PROBABILITY of success
leadingtrader.com What is the path of Least resistance inrelation to trading the markets?
leadingtrader.com WATCH THE HIGHER TIME-FRAMES!
leadingtrader.com 5 min < 15 min < 60 min 15 min and 60 min Chartsare HIGHER TIME-FRAMESRelative to a 5 min chart
leadingtrader.com 5 min < 15 min < 60 min < Daily < Weekly Daily and Weekly Chartsare HIGHER TIME-FRAMESRelative to a 5 min, 15 min & 60 min chart
S&Ps (ES) – 16 Feb 2012 BUY Momentum
S&Ps (ES) – 16 Feb 2012 BUY Momentum MACD
S&Ps (ES) – 16 Feb 2012 10 points (100 spreadtrade points) getETX.com BUY
EURO (EURUSD) – 23 Feb 2012 60 pips (points) BUY
Special Guest: Kevin Burton Kevin Burton
leadingtrader.com But this is very important:
leadingtrader.com There is a MAJOR DIFFERENCEbetween knowing what to do…and actually doing it.
leadingtrader.com “Alessio… My biggest problem is even though I think I have a strategy that works, I just find myself hesitatingto pull the trigger and trade the strategy…”David J.
leadingtrader.com • Why? • Lack of a proven Trading Plan • Insufficient experience • Lack of Guidance
To be successful:Connect your knowledge to IMMEDIATE, FOCUSED ACTION.
Special Guest: Kevin Burton Kevin Burton
Common misconceptions; You have to be sat at your screen 10 hours a day. 100 trades a day? Stressful. You need 10 screens. Burn out. Account size. High intelligence.
How much time? You only need 1-3 trades a day. How much is realistic? Let’s start with 20% a month. Factor in missed trading days, losing days etc.... 10% a month. Half percent a day.
£10,000 account. Don’t focus on the end result, focus on making £50 a day. 3 trades at £3 per point risking £90 per trade. Across the three trades, you would only have to average 16 points or 5.5 points per trade. Does that sound achievable? And you are never risking more than 0.9%.
What about trading at £2 per point but aiming for 10 points per trade? 3 trades is £60. How much do you have to risk per trade? 20 points is just 0.4%.
What about a £1000 account? £5 per day makes 10% a month. Remember 10% a month is over 120% a year compounded. Why don’t most traders achieve this? Because they don’t stick to their plan! What about aiming for 5% a month? £25 a day on a £10,000 account and just £2.50 a day on a £1000 account.
What about if you just want to beat what you make on deposit? Ok, so let’s go for 1% a month. That’s £5 a day on a £10,000 account and 50p and a £1000 account! That’s still 12% a year! Break down goals....
What do consistently profitable traders do that is different? It’s not the strategy.... It’s the application. When buying into a breakout or pullback within a trend, how is the price action? Protecting your trade.... Do I enter one position at £10 a point or 5 increments of £2?
£20 a point with a 20 point stop or £10 a point with a 40 point stop? Trading style depends on the above. Can you get into a position where your trade is paid for? Are you confident in your trades? Testing? I only trade when there’s money laying around.... Have the discipline not to trade...
Taking £32k to £45k in 5 weeks. Solely done on Euro and cable. Could it be luck? Over 920 trade transactions. Lot’s of small gains. No big drawdowns.
You can watch a video of all trades by going to www.leadingtrader.com/live
The live trading course - 29 & 30 March 2012