TradeTheMarkets - John Carter

John Carter trader from TradeTheMarkets.com

Focus on a variety of time frame but keep longer time frames in mind.

Use limit order (wait for price come to you) not market immediate order. This will force you to plan the trades and not enter impulsively.

Do fewer trades but well planned trades.

Don't lose > 5% of capital on any one trade

If trade doesn't meet your setup, don't chase and take it.

If miss an entry, relax, wait for another opportunity will present itself.

When in doubt, GET OUT.

TTM (TradeTheMarket) Trend - Harkernasih bar:  change only after 6 consecutive bars, not a single engulfing or reversal, to eliminate false signal.

Bolinger band - look for Squeeze via Keltner channel.

In trading, Bulls make money, Bears also make money, but Pigs get slaughter.

Strategy:  Daily chart 21D-EMA
best on Silver.
How far is the TP and SL? Use ATR.
when ATR > 30-35 = extreme
best is ATR +/- 18 pt above and below 21D-EMA

OpusFX Consulting - Eric Lye

Eric Lye - Opus FX Consulting

Hexametry framework

Look for PRZ - Potential Reversal Zone

Identify information from chart

MTF - Multiple Time Frame
       Wave Analysis, Identify Trend using Daily, H4 and H1

Road Map - Swing high and swing low

Setup -  Identify trend, if up trend then look for range to buy at bottom.

Fine tune Trigger zone

Manage Risk

Asia Internet Congress - Fabian Lim

Asia Internet Congress 2012 Event Summary

Date   : 2-4 Nov (Fr-Sun) 2012
Time: 10am to 7pm
Venue  : Resorts World Convention Centre,
Singapore And as a valued ClickEvents subscriber, YOU are entitled to
2 (two) General Seating tickets to this event.

http://www.asiainternetcongress.com/general


Asia Internet Congress 2012 Agenda Highlights

*    Develop a winning online entrepreneur mindset
*    Learn step-by-step how to build an online info publishing empire
*    Discover free and paid traffic generation methods you never knew
*    How to develop a profitable online sales funnel
*    How to develop persuasive and cash-sucking sales copy
*    Effective sales and follow-up automation secrets
*    And much more!

Comprehensive 'Fill-In-The-Blanks' Asia Internet Congress
Workbook Included!

Starting this year, we've committed to significantly enhance the
learning value at Asia Internet Congress by preparing for each
participant, a comprehensive 'fill-in-the-blanks' workbook.

This will help you learn our internet marketing strategies in a
more systematic manner and also increase your knowledge
retention long after this event is over.

Note that our comprehensive workbook is only provided to 'live'
participants at our 3-days at Asia Internet Congress.

EXCLUSIVE For AIC 2012 Only: Click! Book Pre-Launch Book
Signing Ceremony

This year marks exactly 10 years of my online entrepreneurship
journey.

I learnt the fact that in order to succeed as an online entrepreneur,
apart from the knowledge and know-how, it was equally crucial to
have a 'winning mindset', as
well as the need to manage time and
improve productivity.

So I decided to journal my decade of online entrepreneurship
experience and compile them into my first print book:

Click! Work Anytime, Live Anywhere.

This book will be pre-launched during Asia Internet Congress 2012.

AIC participants will be able to get their hands on the pre-launch
edition of Click! at a very special pre-launch price, and have me
personally sign the book during the event.

Asia Internet Congress 2012 Event Summary

Date   : 2-4 Nov (Fr-Sun) 2012
Time: 10am to 7pm
Venue  : Resorts World Convention Centre,
Singapore
(Registration starts 30 minutes earlier)

To register your 2 X Complimentary General Seating Tickets:

http://www.asiainternetcongress.com/general

As you can see, we're putting in a lot of effort for this
event to help you in your journey as an online entrepreneur.

We want your online success to be as 'effortless' as possible.

We've already done all the heavy lifting.

No need for trial-and-error. Just follow what works.

Trading Global Futures Markets - OTA Michelle Volmering

Trading Global Futures Markets

Online Trading Academy (OTA) 2-day workshop 

S$388 (early)  Michelle Volmering & Shamus O'Connor

When:    10–11 November 2012   10:00am – 5:00pm

Location (Day 1):   MND Seminar Room  7 Maxwell Road  Annexe A Singapore, 069111

Location (Day 2):  Raffles City Convention Centre 80 Bras Basah Road (Part of Fairmont Hotel)

If need more information, please call +65 64239788 or email: bennyn@tradingacademy.com

---------------------------------------------------------------------------------------------------------------------------

Professional traders have higher chance of making money with trading a variety of markets. They do not restrict themselves to just trading stocks or forex, but more markets like crude oil, gold, commodities etc.

Would you like to learn more about:

• How to use Supply and Demand strategy to make money?
• What Global Futures are and why trade Global Futures?
• How you can leverage on trading index, crude oil, Gold, financials, meats& grains, softs and currencies?
• How does understanding of the Futures market help you as a stock or forex trader?
• How many financial institutions are making fortunes in buying and selling in these markets?

In Trading Global Futures Markets for Short Term Income & Long Term Wealth, Shamus O'Connor and Michelle Volmering will show you exactly why this is, and how you can learn to think and act like an institution with short term trading and longer term investing.

In 2001, Shamus decided to use his knowledge of trading and the brokerage business to help people. He began touring the country, educating individual investors on how to trade the equity, options and foreign currency markets. He has been a professional lecturer involved with educating people on how to become successful in these markets since 2001.

In 2003, while continuing to trade her own stocks, futures and retirement portfolios, Michelle began her career as an instructor and mentor. Michelle's unique approach and diverse background gives any student with a passion for investing/trading the tools and confidence necessary to increase their consistency and potentially their profitability in the financial markets.

During the Market Timing Class, you'll learn:

• Ways to take advantage of global market correlations with the five major groups of futures markets.
• Never be a victim to gapping stocks again by using futures as a hedge.
• How to use futures to trade as a short term cash flow vehicle.
• Long term capital gains tax treatments for short term trading income with futures.
• How to balance a portfolio using futures correlations to increase leverage and opportunities.
• Simple rule based market timing for short term income and long term wealth
• Core strategy rules to buy and sell exactly where institutions are buying and selling
• Risk management for low risk, high reward trading and investing
• "The 3 Hour Trader" – A low risk, high reward and high probability trading opportunities.
• The two key mistakes of the novice trader
• Charting principles of the master trader
• Core strategy application in trading Equity Index Futures
• Core strategy application in trading Energy and Metal Futures
• Core strategy application in trading Commodity Futures
• Core strategy application in trading Forex Futures

Normal price: $1995
Special price for Singapore: $888
Early bird price by 31st October: $428 (S$388 for Saxobank and early early bird)

===============================================================

The 3 day (actually 2 days plus the 3^rd day a bit of repeat) workshop over the weekend was not bad (especially the food..haha).

I did learn to see a new way to find “support” and “resistences” which they called “demand” and “supply” zones.   That said, I ended up signing up for their 5 day professional futures trading course (next Feb/Mar) for a grand price of $3,612 (with unlimited re-take).  This price is after the $1K discount for signing up a Think or Swim account and deducting the $388 workshop fee).  My aim is to learn to trade futures on a short term (preferably intraday) basis.  I decided to sign up for this instead of the Concept of Price course that I was also tempted earlier as this course content will be more generic and can apply to different markets or time frames whereas for COP, although they claimed high accurately and success rates, it can only apply to Russell 2000 and I suspect some his strategies could be like “black-box”.

Unfortunately at this price, there will be no “handholding” whatsoever after the course.  The handholding (known as XLT – extended learning track) would have cost another $14,375 more (lifetime)!  I was interested to just add the pro-pick which goes for $3K/yr (so that I can get better ideas how trades were selected, to me it is similar to handholding) but unfortunately it is only available to those who sign up for XLT as well.  So I will just go for the plain vanilla Futures course and hopefully learn enough from there to be on my own.  Besides pro-futures, they also have pro-trade (stocks), pro-options, pro-forex classes.  The instructors will be some one from their pool of about 60 mastermind trainers (from US).   Unlimited life-time re-sit of classes allowed at their OTA centres globally.

The basic fees are (from price stated below, you can less $1K if open a TOS a/c and another $388 for workshop participants)

1.       3 day pro-trader (stocks) + 5 day pro-futures course + personal trading plan  - $7,888  (pro-futures alone was $5K)
2.       The above + lifetime extended learning tract (XLT, 1 asset class)) + 1 year pro-picks (1 asset class) = $16,888
3.       The above but with 2 asset classes (eg futures & forex or stock and options etc) for the XLT and pro-picks = $30,888 (!!!)

TOS brokerage rates for OTA students are (USD, 1 leg)

Futures $2

Options $1.25 (no charge for closing options whose price is below 5 cts)

Stocks $5 (per 100 shares, regardless of the value).

Summary of the workshop…

1.       It’s really all about identifying demand and supply zones (not a single level but a zone) in various time frames.  Trade usually in the direction of the bigger trend but will go counter trend if it is going into a “quality” demand (support) or supply (resistence) zones seen on the bigger time frame.  (a lot of time it seem rather counter-trend to me though..).  From I can see, these zones are usually not quite the top nor bottom of our typical support and resistences.. it is identified by area of where there is a few candles in a sideway consolidation and then followed by a big move out of this range (up or down).  There are “quality” and not “quality” dd and ss zones so hopefully in the course we can learn to identify clearly which are the quality ones.
2.       Risk : Reward must be at least 1:2 (usually 1:3) before we enter the trade.  Risk is the zone size plus another few ticks as stop loss will be just below or above the zone.
3.       Once we have identified the setups, we can always automate our trades by placing, (say for a Long trade), a Buy limit order with OCO for target and stop loss.

We were shown examples of the success rates of their strategies (based on their pro-picks signal) which I copied down quickly:

For the period 1/1/11 – 31/10/12 (actually I’m not sure if the results are over a year or 1 yr 10mths as my dates could be wrong)

Stocks (return of 107% of the trading capital of 100K, with Risk:Reward of min 1:2)

Total signals                        – 1072

Pending                               - 11

Profitable trades              - 250

Losing trades                     - 183

Closed, no entry               - 583

Closed, break even         - 30

Futures

% K gain = 146% (over 1 yr or 1y and 10 mths, not sure which)

Ave win = $818

Ave loss = ($406)

Total profit $72,896

Forex

%K  gain = 100%

Ave win = $939

Ave loss = ($418)

If we analyse their success rate for stocks, we realize that out of the number of trades that were closed with either a profit or loss, abt 42% are losing trades and only 58% are wining trades! But bec of their strict min 1:2 risk:reward ratio, they are able to be quite profitable.   Hence the conclusion is that MONEY MANAGEMENT is the single most important criteria…haha..

That’s why they emphasize a fair bit on having a detail personal trading plan.

So at the end of the day, find a strategy that can work at least 50% of the time with a risk:reward of at least 1:2.  This is probably the holy grail J

===========================================================================

OLTA centre around the fundemantal of Supply and Demand , Details and Whole Sales Price, Institution and Details Buying and Selling from charts to suggest Entry and Exit Points to take the trades.

ST take the approach of Spread Trading on Intermarkets (overvalued and undervalued) which is difficult for me to follow. Their students like it and practice his style. I did not try at all. ST and his 15 students make loses on 14/11 T sessions. His approach does not work on that day! 

YCK uses TA to awing trade. One lady I met last night  say YCK's approach is not good.

Leonard Kok's Black Box sculping may be good for some others.

My friend attended Daniel Loh's Options Course $1800 and could not start trading. Good or Bad?

I afraid you may have to attend all the previews yourself to get a feel of it and focus on one approach which fit your style.

Julia has been misled ( coned? ) by me too quick to land on a $5000($3612) 5-Day Course. Same to another lady who sign up a $16000 package. They saw me signing up and jump in also. So sorry about it. I may have to foot half of the bill is Julia PCN at the end.

  

My approach is to hedge my portfolio taking the Long term view and short term views using Futures and Options on Futures. I explore in this direction all avenues that could help me to develop strategies of my own. 

I could be biased if I mix my right and wrong understandings to you. Eventually you have to mix them up and develop your own strategies based on you understandings.

Developing a Trading Strategy - Wong Kon How

Developing a Trading Strategy  S$28    31Oct12 7pm-930pm


Seminar Outline:

Learn to how to devise and implement your trading strategies using:

• Trading fundamentals
• Technical studies
• Trade management

The following will be discussed:


• Futures Products and attributes
• Importance of using technical studies in trading
• Illustration of a classic trading strategy
• How to manage your trading fund

If you are new to Futures Trading, this workshop aims to equip you with knowledge to formulate a trading plan.

If you are already trading, this workshop will help you refine your trading strategies.

Speaker's Profile:

Mr Wong Kon How

Wong KH has more than 16 years of trading experience in the finance industry. He holds a Bachelor in Business from La Trobe University Australia. He has been a floor trader and financial dealer since 1995 and an active practitioner in the Securities and Derivatives market since 1998. He is now working with one of Singapore leading brokering house.


He is currently engaged by an institution to conduct training sessions for Trading Representatives as part of their Continuous Education Program. He gives talks and seminars regularly in Singapore and Malaysia for organizations such as SGX, Bursa, CME as well as for private events and Universities. He is currently endorsed by Singapore Exchange as a “SGX Academy Professional Trainer”

Raffles City Tower, Presentation Room
250 North Bridge Road, Level 6
(nearest MRT Station: City Hall)

Equity Futures Trading Strategies - Samuel Tan UOB Bullion Futures

Equity Futures Trading Strategies [In collaboration with UOB Bullion and Futures]  -  S$3,200

Introduction

SGX Academy Professional Trading Training Programmes are designed for individuals seeking to acquire in-depth trading skills to trade the markets professionally, as well as for existing traders looking to expand and upgrade their trading ability. These programmes are taught by SGX Certified Professional Trainers who are accomplished traders with years of trading experience and highly proficient in advanced trading strategies.

Equity Futures Trading Strategies

Participants will learn multiple short-term trading strategies in equity index futures to help them achieve steady and consistent returns in their trading.

Target Participants 
1. Individuals who are interested to explore trading as a career

2. Traders looking to enhance their trading performance

Expected Results 

Able to

• Trade with multiple trading strategies

• Exploit market inefficiencies

• Identify directional trading opportunities

• Plan and size trades

• Control risks

• Execute trades well

About the Trainer

Samuel Tan has 18 years of successful trading and portfolio management experiences across various asset classes. The main highlight of his career includes 8.5 years as a Senior Fund Manager with Temasek Holdings, where he managed fixed income, currency overlay, asset allocation and fund of hedge fund portfolios.

After Temasek, Samuel worked as a Macro Hedge Fund Manager with 2 established hedge funds; Swordfish Fund (voted 4 times best Asian macro hedge fund) and Tudor Capital (one of the top macro hedge fund in the world).

In Jan 2009, Samuel founded Solitaire Asset Management, a proprietary trading company. The company, currently a SGX Trading Member, has been successful in trading equity index futures and currencies.

Samuel has been involved in financial education and training since early 2000. He taught CFA courses at Financial Perspectives and a hedge funds course at Wealth Management Institute. Samuel currently teaches a futures trading and a fixed income investment course at SGX academy.

Course structure (8 DAYS)

 

3 DAYS LECTURES

Day 1: 9.30 am to 5.30 pm (Sat)

Day 2: 9.30 am to 5.30 pm (Mon)

Day 3: 9.30am to 5.30pm (Tue)

5 DAYS LIVE TRADING SESSIONS

Day 4 & 7: 2.30 pm to 10.00 pm

Day 5, 6 & 8: 8.15 am to 5.15 pm

Course Outline and dates

Session 1 (DAY 1: 3 Nov Morning) – Basics of the Equity Index Futures

•The futures market

•Basics of a futures contract

•Equity Index and equity index futures

•Contract specifications

•Calculating notional

•Calculating profit and loss

Session 2 (DAY 1: 3 Nov Afternoon) - Directional Trading strategy & Valuation

•Pattern recognition

•Trend following

•Consolidation and breakouts

•Market drivers

•Exercise 1 – Pattern recognition

•Mathematical relationship between cash index and index futures

•Premium and discount

•Estimating Fair Market Value of futures

Session 3 (DAY 2: 5 Nov Morning) - Relative Value (RV) and Event Driven (EV) strategies

•Exercise 2: Constructing cash index

•Identifying mispricing

•Pair trading

•Event Driven

Session 4 (DAY 2: 5 Nov Afternoon) – RV and EV strategies exercise cum live trading

•Exercise 3 – identifying RV and EV trading opportunities

•Live trading demostration by the Trainer

Session 5 (DAY 3: 6 Nov Morning) – CQG trading system

•Basic CQG trading features

•Charting and advance CQG trading features

•Data

Session 6 (DAY 3: 6 Nov Early Afternoon) – Trading Technology (TT)

•Setting up of TT Syetem for simulated live trading

•MD Trader

•Auto Spreader

•Auto Trader

Session 7 (DAY 3: 6 Nov Late Afternoon) – System comparison by UOBF

•System Capability

•System Cost

Mentoring (5 sessions of live trading)

DAY 4: 1st Session – Wed (7 Nov)

2.30 pm to 10.00 pm

DAY 5: 2nd Session – Fri (9 Nov)

8.15 am to 5.15 pm

DAY 6: 3rd Session – Mon (12 Nov)

8.15 am to 5.15 pm

DAY 7: 4th Session – Wed (14 Nov)

2.30 pm to 10.00 pm

DAY 8: 5th Session – Fri (16 Nov)

8.15 am to 5.15 pm

Course Fees: S$3200 (Early Bird), S$3500 (Usual Price)

Contact Info: 
Registration email:register@sgxacademy.com   6327-5438
http://www.sgxacademy.com
SGX Academy Secretariat
10 Shenton Way #13-02
MAS Building, Singapore 079117

COP - Concept of Price Rhythm - Marcus Tay

More seminar update at http://www.meetup.com/Singapore-FOREX-Group/

1.       Trades only emini Russell 2000 futures
2.       Aim for only 1 point profit target per trade (1 pt = USD100), profit target of 1 pt entered by default once a trade is initiated, but stop loss is placed manually (usually above resistences or below support)
3.       Risk:reward ratio is typically around 1:3 ( but not fixed as stop loss is dependent on support/resistence levels).
4.       Trade only 2 hrs per night (from 9:30-11:30pm). 
5.       Usually can find between 6-8 trades durng this 2 hr period, each trade lasting an average of 5 – 15mins (but many more lasted only about 1 min+).
6.       Use Volume-based (not time based) charts, ie every bar represent, say 100 contracts. (VXcharts charting software is used, subscription is S$50/m)
7.       5 strategies will be taught but can concentrate on just 1 or 2 if preferred (some of his students trade only 1 strategy and is highly successful).
8.       Accuracy is around 70-80%
9.       Startup fund is USD3000.  Start with only 1 contract and aim for around USD200 profit a day (ie 2  profitable trades a night), however over a one mth (22 trading days) period, expect net profit to be only around $1,500 - $2,000 due to some losing days.  When become consistent, can slowly increase # of contracts traded. (he emphasized it shld be gradual, from 1 to 2, then after a while, 2 to 3 contracts etc).
10.   Course fee $3,500  (Day 1 & 2 on Nov 10-11), then a one day bootcamp session on 24 Nov. 
11.   Class size limited to 25.
12.   There will be live chats and he will also make trading calls (he didn’t say and we forgot to ask if there is a time limit to this hand-holding period).

Marcus “divulged” 2 of the strategies during the course.   

1.       The first (LSD strategy, a counter trend strategy) is based  on divergence (similar to stock divergence but he uses a different indicator (not sure what it is) to spot the divergence between the volume based chart  and the indicator.  There are also 2 volume-frames (compare to multiple “time-frames”  when we use time-based charts, eg daily and weekly charts) involved.  He may be looking at a certain volume based chart for the general direction to trade and then drill up to a lower volume chart to look for divergence to enter the trade. Once entered, decide on the stop loss (based on resistence/supports) while target is pre-fixed at 1 point.
2.       The 2^nd strategy is trend following.  He uses some strange indicator and only take a short trade if that indicator is red, long trade if that indicator is blue.. (a bit like black box..?? ).

COP_INSIDER_SECRETS_REVEALED

Concept Of Price Multiple Trading Signals past weeks

Tuesday 18 Aug : 11 good signals out of 11 = 100%

Monday 17 Aug :  8 good signals out of 9 = 89%

Thursday 13 Aug : 8 good signals out of 9 = 89%

Wednesday 12 Aug : 20 good signals out of 23 = 87%

Monday 10 Aug :  13 good signals out of 16 = 81%

Thursday 6 Aug : 10 good signals out of 11 = 91%

Wednesday 5 Aug : 10 good signals out of 12 = 83%

Tuesday 4 Aug : 8 good signals out of 9 = 89%

Monday 3 Aug :  9 good signals out of 9 = 100%

Check out our Daily Trade Updates @ Facebook or Blog

http://www.facebook.com/conceptofprice

Some feedback from student:
Joined the course 3 or 4 years back. So what I know may be outdated.

He had about 5 different ways of trading the US russell futures.

Broker
Infinity Futures, via the Infinity AT software.

Charting software
Initially used Ensign.
This had some display and latency issues. Later they partnered with a developer and transited to their own proprietary software. The monthly subscription fees were comparable for both.

The charts used are volume based. This means a bar is completed after a particular volume is reached. This is different from most other techniques that use time based charts. This also means you cannot find free charting and data solutions.

They had a realtime chat group that allows the instructors to post images such as a potential trade coming up.

I traded for 1.5 years. On both demo and live accounts, I wasn't profitable.

I ruled out discipline issues

I built up the routines to wake up at night to trade, self-talk to prepare for the intensity ahead, review after each session and practice off-line.

I am pretty sure 90% of my class don't do that. The impatient ones never practiced demo and lost money in live. The lazy ones didn't even sign up with the US broker after the short trial period. I persisted for 1.5 years. It was extremely tiring.

Issues faced

1) My charts and the instructors charts look different.

It is made known during the course that it is normal, and everyone should trade based on what they see on their screens. The trading edge should still exist.

But this makes it hard to compare with the instructor's charts.

2) Can't backtest and practice properly

The trading style is very short term. Trades usually last seconds. So you need to practice to improve your reaction time and do some mental calculations.

But the charts look slightly different each time I load the same period data. It's a frustrating, moving target. If my profitability improves as I practiced, I can't be sure it is due to my improved reaction or the series of trades presented.

It's like trying to improve at a 100m race with a track that randomly change in length every time you run.

Why it didn't work for me

The ultimate issue is that I cannot tell what went wrong because there is no objective reference. Hence I can't even proof to myself the edge is present.