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Edition 837

 

July 10, 2020

 

trading education

 

Ambush traders rock the Loonie & LAST CHANCE THIS WEEKEND to save over $1,100!
Scroll down to Marco Mayer's article

 

Master Trader Joe Ross shares trading education

Master Trader Joe Ross
Author, Trader, Trading Mentor, and Founder of Trading Educators, Inc.
Developer of Instant Income Guaranteed

Chart Scan with Commentary:  Trading ATR

Last week in my trading article, I explained what ATR is. Naturally, someone wrote to me asking, “Could you please give us an example of trading with ATR?”

Okay! Here is an example of how the ATR looks when added to a chart. I will use the examples from yesterday so you can learn about the indicator and see how we use it at the same time.

Before I go any further, let me give you the rules for the stop loss and profit target so that you can see how it looks visually. The stop loss level is 2 * 10 day ATR and the profit target is 4 * 10 day ATR.

Joe Ross shares trading success with Traders Trick Entry and Ross Hook trading methods example trading education

Make sure you know exactly what the 10-day ATR is before entering an order.

Subtract The ATR from your actual entry level. This will tell you where to place your stop loss.

In this example you can see how I calculated the profit target using the ATR.

The method is identical to calculating your stop loss levels. You simply take the ATR the day you enter the position and multiply it by 4. The best short term trading strategies have profit targets that are at least double the size of your risk.

 © by Joe Ross. Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.

 

 

 

Master Trader Joe Ross shares trading education

Master Trader Joe Ross
Author, Trader, Trading Mentor, and Founder of Trading Educators, Inc.
Developer of Instant Income Guaranteed

Trading Article:  Getting Rid of Ego

Have you ever wondered how to get your ego out of your trading? Have you wanted to be market-centered, but find yourself consistently being self-centered?

One thing I know for sure: your self-concept has to be separate from your trading. You began as an individual long before you ever...read more.

 © by Joe Ross. Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.

 

 

 

Philippe Gautier shares his Instant Income Guaranteed trading education

Philippe Guartier:  Administration and
New Developments of Instant Income Guaranteed

Instant Income Guaranteed - LITE TRADE

On 3rd June 2020 we gave our Instant Income Guaranteed subscribers the following trade on Lumentum Holdings Inc. (LITE). Price insurance could be sold as follows:

  • On 11th and 15th June 2020, we sold to open LITE Jul 17 2020 55P @ 0.85 (average price), with 44 days until expiration and our short strike about 26% below price action.
  • On 19th June 2020, we bought to close LITE Jul 17 2020 55P @ 0.40.

Profit: 45$ per option

Margin: 1000$

Return on Margin annualized: 186.65%

Philippe

Learn More!  Instant Income Guaranteed

Receive daily trade recommendations - we do the research for you.

WEALTH BUILDING FOR YOUR FUTURE

Joe Ross and Philippe Gautier share trading success with Instant Income Guaranteed options selling example trading education

Need more information?  We want to hear from you.
Contact us with questions!

© by Joe Ross and Philippe Gautier. Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.

 

 

Andy Jordan Educator for Futures Trading Strategies on Spreads, Options, Swing/Day Trading, and Editor of Traders Notebook

Professional Trader Andy Jordan
Educator for Spreads, Options, Swing, Day Trading, and 
Editor of Traders Notebook Complete

SNEAK PEEK

Introducing:  Traders Notebook Seasonal Spread Trading (TNsst)

We are proud to present Andy Jordan’s new service...

After 6 months of intensive forward testing, here is a Q&A with Andy Jordan to tell you about his new trading service!

Q: Andy, you have been running Traders Notebook, that also includes seasonal spreads, for over almost 17 years. Why are you coming up with a new spread trading service?

Andy: The spread trading from Traders Notebook, or trading in general, has changed quite a lot over the years. When I started in 2003, all trading was done on the trading pits. We had to call the broker to place the orders or write an email. Everything was much slower and the trading was based mainly on End-of-Day only. My idea was to get back to a very easy and slow way of trading the spreads because not everyone has the time to watch the markets during the day.

Q: Why is it different to what you do in Traders Notebook?

Andy: I’ve reduced the trading strategy to a minimum. It is mainly based on 3 simple factors. Entry, Exit, Stop-Loss level. Of course, I am moving the stop level during the trade, sometimes taking partial profits, but all this happens not very often and everyone is able to follow the trades in detail besides working full-time.

Q: Tell us a little bit about the procedure. How do subscribers get the signals?

Andy: Over the weekend, every subscriber is getting a PDF with closed trades, open trades and of course, all the new upcoming trades for the next trading week. That’s all a trader needs because in this PDF they can find all the details outlined. During the trading week, I will only send out emails or Telegram messages, whenever there are any important changes. As I said, it is very easy to follow all the recommendations.

Q: And the results? How did you do during these difficult times? I can hardly believe markets did move “seasonal” during the last few months.

Andy: Honestly, I thought the same, but the spreads behaved surprisingly seasonal. That’s one of the advantages of seasonal spread trading. While outright Futures react much stronger to events and circumstances seasonal spreads behave much more reliable regarding seasonal tendencies. This is why most seasonal spreads are a hedging position (calendar spreads). We are trading the difference of two contracts and therefore the direction of the underlying market doesn’t matter so much.

Q: Can you show us the results over the last several months?

Andy: Of course, that’s probably what most readers want to know. I’ve started around the 10th of January with a hypothetical account of $100k and a max. risk of 2% - 3%. The reason why I am using a $100k account is, that it makes the calculation easy. And it allows me to trade low risk. This is what I usually prefer no matter what and how I am trading.

Andy Jordan created a new service called Traders Notebook Seasonal Spread Trading

I am tracking all my trades in my SeasonAlgo account. It even calculates commission, which is very comfortable.

Let’s take a closer look.

Andy Jordan created a new service called Traders Notebook Seasonal Spread Trading

Q1 was very quiet because seasonal spread trading is position trading. I try to hold positions for weeks or even months. Today 06/23, not done yet with Q2, it looks like it will turn out very well, especially with all the COVID-19 problems we see worldwide the strategy has performed very well. So far, we are down in June, but keep in mind, that we have an open position of about $1,700 at the moment I am writing these lines (06/23). I am very happy with the results so far to be honest!

Q: When will it be available?

Andy: Right now it is only available for Traders Notebook Complete subscribers. It will stay part of the TN Complete package, but we plan to make it available as a separate product probably in July.

Contact Andy Jordan
Learn more!
Traders Notebook or TN Seasonal Spread Trading

© by Andy Jordan. Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.

 

 

 

Marco Mayer shares trading success with Ambush Trading Method example trading education

Professional Trader Marco Mayer
Educator for Forex, Futures and Systematic Trader
Creator of Ambush Trading MethodAmbush Signals, and Head of AlgoStrats.com

Ambush traders rock the Loonie & LAST CHANCE THIS WEEKEND to save over $1,100!

One of the top markets over the last couple of months for Ambush Traders has been the Canadian Dollar, also known as the Loonie. Doesn't matter if you're trading the regular Canadian Dollar Future, the Micro Future, or the USD/CAD Forex pair, Ambush Traders had real fun in that market!

Here's a daily chart of the Canadian Dollar Future (6C), showing the last couple of months of trading. As you can see this market did what markets do 90% of the time, which is why Ambush is such a great trading method. Markets move in boxes/ranges, break out for a few days and then start moving in the next box. The loonie has been boxing a lot lately and so Ambush Traders had a lot of fun!

Marco Mayer shares trading success with Ambush Trading Method example trading education

Here are the results of these trades, trading one contract:

Marco Mayer shares trading success with Ambush Trading Method example trading education

Yup, that's almost $4k profits with very little drawdowns in between!

Notice that all of these are actually day trades, even though they're based on end-of-day trading decisions. Ambush is exactly that, an easy way to day trade not for a few tiny ticks with a lot of stress but placing your trades once a day, walk away, and go for the big intraday moves.

Ambush eBook Summer Special (LAST CHANCE, ENDS THIS WEEKEND!):

We still have a very rare special for you. You can get the Ambush eBook for just $999 instead of $1799. Yes, that's an $800 saving! But there's more. To get you started off on the right track, you get three months of Ambush Signals Pro on top! That's another $387 saving! Simply use coupon code ambushsummer during the checkout!

This super rare special ENDS THIS WEEKEND! DON'T MISS OUT ON IT - we have no idea if and when such a special will run again!

Happy Trading
Marco

 

The Ambush trading System was created in 2007 by Marco Mayer.  Since then it proved itself in the markets for over a decade and did so with exceptional results. It's the only trading system we're aware of that is still going strong after so many years.  While Ambush is a day trading system, meaning you will always enter and exit on the same trading day - you don't have to sit in front of your trading screen. You simply place your entry orders when the trading session starts and come back at the close!

LEARN MORE - AMBUSH SIGNALS

© by Marco Mayer. Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.

 

 

Joe Ross and Philippe Gautier are offering a 50% discount to sign up for Instant Income Guaranteed

SAVE OVER $1,100 WITH AMBUSH TRADING METHOD AND 3-MONTHS OF AMBUSH SIGNALS PRO FREE!
COUPON CODE: ambushsummer

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Legal Notice and Copyright 2020 Disclaimer - Published by Trading Educators, Inc.
Chart Scan is a complimentary educational newsletter.

© by Trading Educators, Inc. Re-transmission or reproduction of any part of this material is strictly prohibited without prior written consent.

Derivative transactions, including futures, are complex and carry a high degree of risk. They are intended for sophisticated investors and are not suitable for everyone. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results, and all of which can adversely affect actual trading results. For more information, see the Risk Disclosure Statement for Futures and Options.