you don’t have to rely on intricate trading indicators to make consistent profits
the real way to make consistent profits is to figure out the natural tendencies of how the market trades
this is not one universal strategy.
let me be honest. if you have proper risk management habits, you can make any mediocre strategy work for you
i want to talk about transferring good risk management over to great strategies
to do that we have to discover and exploit the natural tendencies in the market
we all know about the breakout entries, pullback entries, retracement trades, etc
the market is just a series of patterns
listen to a great jazz musician closely and chances are you will notice patterns in their playing. a musicians guide to professionalism really stems from two training practices; tone and technique. both require precise repetition to be able to perform at the highest level.
trading is all about noticing patterns in the markets. you have chart pattern such as flags, pennants, etc that can be transferred between markets and work quite well because humans study and trade them forever and now algorithms are programmed to trade them
what we feel is just as important to becoming a consistent trader is discovering key times of day in which markets tend to move. this is not transferable to all markets, especially when it comes to commoditites
that’s why all of our premium RoadMap trades revolve around key times during the day. if you learn these trades, you will discover the key to trading consistently and profitably with spending all day glued to your computer. understanding time of day is truly the key ingredient to realizing financial freedom