
In this lecture I take you through what to expect, some historical background on the previous course and how it follows on to this one.
Trading time management is one of the most important steps to succeeding as a trader. In this section I show you why this important and the effectiveness of trading time.
In this lecture I will expose you trading centres and their importance in asset class volatility. The student will become conversant with centres and how he/she can start to manipulate these to their advantage.
In this section I bring together the previous lectures into a combined frame work allowing the student to see how trades can be placed optimally to increase probabilities.
The OR concept is one of the most important in trading in general across asset classes, especially those with trading times. If as a student you don't realise this, then increasing R multiple becomes very challenging. Markets are also about speed and I'll show you how to get the first draw.
I cover this a lot more in depth in my Wyckoff cost, however this is a very good foundation that allows for a jump in and go approach. The student will have an important psychological shift, so they can stop buying high looking sell higher. This is an important part to having good trade location.
In this lecture the student will learn about cap flows and activity in their asset class and market, how to determine when is a good time to trade and what should be influencing the trade. At this stage the student is preparing to apply their knowledge practically, these concepts are the foundation for acting.
In this lecture I take you through a actual trade start to finish with deal map visible and my expectations for the next day using all the methods from the previous lecture, a perfect opportunity for the student to see a demonstration of the effectiveness of the concepts.
If you have followed my courses, you would know at this stage that I have very professional outlook to markets and I have zero tolerance for gimmicks, it's the professional way or the highway. Gimmick strategies only lead to failure and can't stand the test of time. Real, tried and tested methodology is exactly what it is... A methodology, something you can rely on for decades, like Einstein's theory of relativity. The Trader Bible Part 2, follows on from Part 1 and designed to get you thinking like a professional trader. Trading is not a game, it is a means of earning a living and should be taken seriously but it must also be fun... A real job.
The Trader Bible 2, will put you through your paces in a good way, you will learn important concepts, practical application and how to start building a constructive path to succeeding in financial markets. I have been in the business professionally for 15 years and my experience and knowledge is based on hard work and willingness to learn If you are willing to learn and clear bad habits, success is not far.
What To Expect
Students will learn how professionals use time to beat the markets every day.
You will learn how to psychologically change your buy high, sell higher mentality.
You will get a practical demonstration plus slide based presentations of concepts in an understandable way.
You will get some good foundational grounding in cap flows and opening ranges and how to use to devastation
And much more...
I hope you enjoy the course. Don't forget to checkout the resource link in the first lecture to the Discord server where you can get extra support with Udemy courses. Enjoy!