Founder and CEO of NaviTrader.com (www.navitrader.com) Professional Trader and System Designer/Developer www.navitrader.com
Introduction
I run a real time Live Market Trader-Training Room to help Traders improve their skills. I have traded for over 25 years, and concentrate primarily on the currency (FOREX), crude oil, gold, and stock index futures markets, such as the S & P E-mini. In a previous career, I was a practicing C.P.A. in the state of Florida.
Trading is a challenging career and I quickly learned that I needed to have the right tools and skills if I was going to be able to stay in the career for the long haul. Over the years, I fine-tuned my skills and developed a full suite of charts and indicators known as the Trendicators TM and a market analyzer known as the TradeFinderTM, as well as a number of automated trading systems and automated buy, sell and trade management systems to help me.
What follows are the fundamental elements every trader needs to be consistently profitable in the futures markets. I have also included information below that is crucial to your overall success and in managing your risk, which is paramount for remaining in the Trading arena for the long-haul.
Preparation for trading profitably consists of market observation over a period of time so that the trader can build confidence in knowing what usually happens in the market and how to profit from the recurring market behavior that repeats itself every day. To take advantage of cycles in the markets, observe the typical move that a market moves after it moves up or down out of a range contraction pattern.
The real objective is to build knowledge of probabilities of market behavior so as to take consistent profits out of specific trading instruments. The following are observations of market behavior that will help to put the probabilities in your favor.
Esta historia es de la edición July/August/September 2022 de TradersWorld.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición July/August/September 2022 de TradersWorld.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Review of Trading Market Dynamics Using Technical Analysis by Constance M. Brown, CFTE, MFTA
The author, Constance Brown is a well-known experienced trader and technical analyst. She has written several articles for Traders World. She has written a top notch book which you can learn and understand technical analysis from.
WealthCharts Continues to Evolve With New Features and the Champion Trend Pack Indicators
In the April/May/June 2021 edition of TradersWorld magazine, I took my first look at one of the newer trading platforms to come on the market, WealthCharts, and I was impressed by the number of cutting-edge features it contained for active traders and investors.
THE YEAR OF 144, W.D.GANNS BIRTHDAY
Very few people are really doing anything like what Gann was studying, they aren't going back far enough, daily trading isn't what Gann was doing, yet every person in the world is claiming this is Gann's secret, especially all the 24 year olds from India, called 3 books astrologers. Gann was a long term researcher.
Maintaining Emotional Control When the Money is Real
People (including traders) like to believe that they are rational beings who have to deal with emotions.
Quantitative Approach
Being aware of one's surroundings is consciousness. This is what we believe our formula conveys. It presents market movement in the future ahead of market moving events. This also happens as markets approach Fibonacci numbers. We recognize this as a prequel to Fibonacci numbers overall.
Time will tell
The year 2022 was forecasted to take a turn for the better as we have forecasted already in May 2021, based on the Long term Time patterns we have calculated for the future and beyond.
What I Learned Trading Through Four Bear Markets
On Tuesday June 14, CNBC declared the Pandemic Bull dead and announced that a new Bear market has begun. Two questions came to mind.
The Human Factors of Trading and How To Control Them
Let me start by introducing myself. I am a full-time trader, trainer, and software developer in the futures markets.
How to Use Smart Momentum Like a Pro
In our last article of Trader's World (Issue 84), we covered ten key concepts using Momentum for trading. We also covered various definitions of trading Momentum and various general applications.
How Market Timing Gives You The Critical Edge
The Market Timing Report