Friday, November 23, 2012

Dow Scalper


Benefits of Trading Emini Futures With DowScalper Method

1. Trade from home on a professional level.
You can trade with the use of a single desktop monitor or a laptop, without the need to buy expensive muti-screen or multimonitor setups.

2. Trade with a fair opportunity to make money. 
Trading Dow Emini Futures allows you a fair opportunity to be an actual part of the market and trade with other market participants knowing that all orders are matched on a centralised exchange on a 'first come first served' basis .

3. Easy to read/speculate with repeating patterns.
In the first 15 to 30 minutes after the opening bell, the market produces predictable movements which the short term trader can exploit and make money with within minutes.

4. Allows for beginner traders to be a part of the actual market.
Trading the Dow Emini Futures you can start trading small contracts sizes, 1 Emini Contract for the dow equates to $5 per point movement and your broker only requires $500 in margin requirements.

5. No complex theories or use of non-sense indicators.
DowScalper  will teach you how to read the actual market with an understanding of price movement and logic, and not rely on 'hopeful or wishfull' indicators to make your trading decisions. Finally, you will learn how the professionals make money trading financial markets.

6. Allows you to focus and trade with precision.
You will trade one market using one chart on a single timeframe, this will allow you to focus and trade with precision going for just 1 or 2 profitable trades within minutes and finish up for the day.

7. Less prone to news events
Because you will be in the market for such a short time, you will be less worried about sudden spikes caused due to some news event. You will always finish up before any critical economic news hits the market.

8. Trading Skill Development
With the education and tools provided in this program, you will have the opportunity to develop your skills in reading price charts and trade execution. With practice you will develop a feel for the market.

9. Buildup Contract Size & Make More Money
This program is designed to help you achieve a consistency unlike you have experienced before, once your ball gets rolling you can build up your contract size with confidence and make more money in minutes than you ever thought possible.

10. Make Your Trading Second Nature
Our aim with this program is to help you make successful trading second nature to you.

You will have the opportunity to trade with the use of your own discretion, this will allow you to trust yourself in the decision making process, just like how you drive a car or ride a motor bike, and perform other basic stunts in life, you want trading to be one of them.

Mis-Conceptions & Wrong Beliefs
Most folks who get started in financial trading, after losing some money start thinking that 'Complicated' is the way forward but the reality is that those who have ever made any money trading have done so by keeping things simple. I know I made $18,367.94 in just 21 days trading with a really simple method, one that I am about to share with you today.

So, all I am asking you is to follow the instructions here and you won't be disappointed with your investment in my course. With the simple set of tools that you will use along with a trained set of eyes to spot market opportunities, you will know exactly how to make money in your trading.

My aim is to teach you everything from A-Z, you will learn exactly how to spot these money making opportunities which present themselves every single day!

The key principles that you are about to learn can be applied to all financial instruments, however I have found them to work best with the Dow Emini Index Futures.

For those who have been around for a while, please go through everything that you will find here, even if you think you know it already...because the worse thing you can do is blind fold yourself with a 'know it all' attitude.

I assure you there is a fine difference between 'knowing' and 'making' an actual application of the concepts that you will be taught in this course.


Let's Begin..

Fundamental analysis predicts the future, tomorrow, a month or a year from now, what may happen depending on past and currect performance records. This is a much deeper subect and involves reading of financial statements, looking at previous and current records, how economic events have affected or will have an affect in the future and all that you can find related to money income and expense has to be accounted for.
After analysing this data, you come to a conclusion and predict future price valuation of the Stock, Commodity, or the Financial Intrument of your interest.
Now, this type of analysis is not appealing for us because it's simply not something that we can use to make money day trading. 
Because we are speculators who are looking to make money with short term price fluctuations and within minutes, we care less about the price valuation for tomorrow, a month from now or even a year later. 
So, in order to make money with short term speculation we make use of what is called 'Technical Analysis'.
This program is based on market cycles; I will teach you technical trading and give you all the tools that you will need. Technical Analysis requires you to be able to analyse charts, basically read the market and we do this visually by looking at formations and patterns that repeat over and over again.
Tools for Technical Analysis used in DowScalper
Module 1 Covers: Understanding Price Action
  • Understading Price Movements
  • Market Cycles
  • Support & Resistance

Understanding Price Action

As a Technical Analyst we need to be able to read and understand price movements in the market, we do this with the use of price charts. 
We can get four different data from the diagram below.
1. Market Open
2. Range High
3. Range Low
4. Close

Market Cycles
Price movements in a financial market consist of cycles.
These cycles are present in all timeframes, the lower the timeframe the more of these cycles are in play, and with higher timeframes you will find less but bigger cycles.
There are mainly 4 stages of a cycle, these are;
  1. Accumulation
  2. Mark-Up
  3. Distribution
  4. Mark-Down
The market in any timeframe is continually going through this cycle. 
Accumulation is when the investment comes into the market, Mark-up is when the price rises with a further growth of interest and reaches a point where it is stretched or over extended, Distribution is unloading and the first stage towards the reset, Mark-Down is the actual reset of the Cycle.
A very good example of it being a rubber band, when far stretched it wants to be back in it's original shape, so it matters not which direction you pull it, the principle remains the same.

How to Identify the Trend
One of the simplest ways is to read the market with the help of candlestick charts. Another way to identify the direction is with the use of trend lines. 
The correct way of drawing a trend line is by joining the lowest or the highest points on the chart in a straight line, if the outcome is a positive slove or the line is pointing upwards than we have an uptrend, if you have a negative slope of the line points down than the market is in a down trend. And, if the line is flat than the market does'nt have any real direction.
You don't really need to make lines on your chart because this course will train you how to read the market without the use of traditional methods.

Leading Indicators
Most, if not all indicators lag behind price i.e. they alert you when an event has already happened, this is because indicators are calculated with price and volume data, in other words price moves first indicators second.
However, saying that there is only one indicator that I consider leading and that is the Fibonacci Indicator tool, due to it's popularity it is widely available on all charting platforms and used by the traders.
The Fibonacci Ratios most important to us are 38.2% & 50%, also -23.6%
Don't worry for now about how we use them, everything is covered in this course as you will find in later modules.
Drawing or placing a Fibonacci Indicator on your chart is quite simple, all you do is stretch the indicator across between the high and the low of the range and it automatically calculates and displays the variant Fib Ratios.
I want you to know  that there is no magic to this tool, the only reason we are applying it to our trading is because it is widely known among the traders but we actually use it Contrary to them. 
Once you train your eyes, you don't even need to draw Fibonacci lines on your chart because you will just know where these levels exist. 
However, for the sake of simplicity I thought it would be useful to write about it in this program, as it will help you determine your profit target areas, more on this later.

Support & Resistance
Simply put, the most recent high/low levels in the market act as support and resistance.
The only logical reason for that is traders who missed out on the first opportunity are looking for a test of the previous level in the market, and therefore the market has pending orders at these levels, while other traders who are already in are looking to get out should the support/resistance level fail to hold and if they see their position going into negative.
In other words, you will find an increase of supply at resistance levels and a high demand at support levels however, this does'nt mean that support/resistance levels will always hold. For now, I would just like you to understand the concept as you will learn in later chapters we only use them when they work best.
Support & Resistance Levels are simply areas where buyers and sellers join hands buying or selling large number of contracts, so these levels become important to us in our trading as you will learn in the advance modules.
You have now completed Module.1

Video 1: Understanding Price Action/Market Reading

Advance to Module 2 ==>
Contact Support: support [@]

Tuesday, November 20, 2012

Non Directional Trading - Dave Foo 4Jan2014

Dave Foo at TRT Open House on 4Jan2014

He uses ThinkorSwim his live account to illustrate his two live options position on ES (S&P) and NG (Natural Gas)


NDT (Non Directional Trading ) Preview by Dave Foo  on 20 Nov 2012 TRT

use 3 4D tickets to demonstrate Options Contracts expiring worthless
minority 4 who answered never buy 4D in life – given a free DVD worth $247
DVD Contents: Iron Condo and Double Calendar on equity options

Soup of the day:
Trading concepts and stories telling
Trade records: 64% in 2.8years

Main Course:
Sell / Short Strangles to generate income, and Adjustment
between high line and low line and allow expiring worthless
Sell Put at lower strike at low probability
Sell Call at higher strike at low probability
High probability to keep premium
Products 4 out of 7 Futures (CL, ES, ZB, ?, ZC, ZW, ZS, no currency futures too volatile )

Day1: Options principles by Thomas Saw of TRT
Day2: Main Course by Dave Foo
Night1-5: Night Live Trading Demonstrations by Dave Foo
Night1-5: Students trade Demo account only because of lacking adjustment knowledge.

$2488 ( $2288 if skip Day1 )



Non-Directional Trading (NDT), Dave Foo                   Nov-2012

We are happy to announce our brand-new collaboration with Dave Foo of Delta-Neutral Trading.
Dave will be presenting his long-running Delta-Neutral Trading (DNT) event, expanded from the previous 2.5-day course into a 3-month-long programme. The programme is meant for existing Options traders and trades Options on Futures.
You probably want to be keeping your eye on this: Dave's track record over the last 3 years (2010-2012) has been more than 300%!

Previews: 7.30-9.30 pm, Nov 20 and 27 2012
Dates: Theory - 10-5, Dec 8 and 9; Market - 8.30-12.30 pm, Dec 14 and 20; Jan 11 and 24 2013; Feb 21 2013
Cost: $2,488 (on Preview days); $2,688 (until 30 Nov); $2,888 (after 30 Nov)
Link: NDT Registration

============================================================        Oct-2012

"Losing money becomes difficult if you know the rules of the Game" 

Dave Foo

Option trading course - around S$2,500.


Course Content

Day 1 - Basic (9am - 5pm) Saturday

Trading is a War Zone
Why Options Trading
Basic Introduction to the world of Options Trading - Call and Put
Options Greeks - Delta, Theta
Options Volatility - Is Options Volatility really that important?
Stocks Options vs Futures Options
Why Sell Options?
Why not Stocks Options?
Iron Condor - Non Directional Trading
Strategy 1 - Short Strangle - The strategy that make money 95% of the time
Which Strike to Choose? The How and the Why?
Probabilities trading
Rolling and adjusting your Strangle
Day 2 - Advanced (9am - 5.00pm) Sunday

1st day recap follow by Q&A
Time Value and how to calculate how much Options is losing everyday
Strategy 2 - OPM Trade - Other People Money strategy
Which Strike to Choose? The How and the Why?
Probabilities trading
Rolling and adjusting your OPM
Defending your trade
Alert System
Day 3 - Trading Demostration (7pm - 10pm) Monday

More rolling Technique
A Truly Non Directional Market (Strangle + OPM)
Money Management and Margin Control
Trading Demonstration (Education Purpose only) 7.00pm - 10.00pm