Edition 871
March 12, 2021
We would like to welcome our newest newsletter subscribers, glad you joined our trading team! In each Chart Scan edition, we provide invaluable trading examples and lessons, so take the time to read and reread the material provided to you. We do not promote holy grail or get rich quick schemes, only examples handed down by our professional traders. Slow and steady wins the trading race so as you begin diving into our material, feel free to send questions and let's learn trading together.
On a more serious note, there could be traders and companies posing as me. If you receive any marketing emails that include my name, Trading Educators or similar products mentioned on our website, please, please send us a quick note to verify. We take pride in not selling, renting or trading your personal information to individuals or organizations. Trust me, we are contacted almost daily with requests to partner and share our database. I am here to tell you, it won't happen, even after I am long gone. Thank you for starting or continuing your learning journey with Trading Educators. ~ Master Trader, Joe Ross
Master Trader Joe Ross
Author, Trader, Trading Mentor, and Founder of Trading Educators, Inc.
Developer of Instant Income Guaranteed
Chart Scan with Commentary: Overlapping 1-2-3s
Here’s another question, one I haven’t received very often: Joe! Is there such a thing as 1-2-3 formations in opposite directions occurring at the same time?
Yes, there is such a thing. I happen to have a chart handy that shows exactly that situation. (By the way, I save charts that have certain situations, so I don’t have to go looking, whenever someone asks the question).
© 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
Author, Trader, Trading Mentor, and Founder of Trading Educators, Inc.
Developer of Instant Income Guaranteed
Trading Article: Look for a Retracement
Once prices have broken out, look for a retracement. Successful retracement trading can lead to very nice short-term profits.
When prices finally do overcome resistance or support, penetrate a...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 Guartier: Administration and
New Developments of Instant Income Guaranteed
Instant Income Guaranteed - ASAN Trade
Selling price insurance ahead of earnings?
We usually avoid selling price insurance on underlying stocks having an earnings announcement before option's expiration. However, for high quality stocks, selling premium far away from price action with 15 days before expiration or less, is a valid and safe strategy.
For instance, for ASAN (Asana Inc Class A Common Stock), we sold ASAN Mar 19 2021 22.5P at 0.25 on 5th March 2021 (on a Friday).
The following Monday on 8th March 2021, we could buy to close this put at 0.10 without even going through earnings scheduled on 10th March 2021 after the market close. (The following day on Tuesday ASAN shot up more than 10%).
Our annualized return on margin was 405.56%, with just 3 days in the trade (a weekend).
Philippe
TRADING SUCCESSES EMAILED TO YOU DAILY!
WE DO THE RESEARCH FOR YOU
CLICK HERE TO Learn More! Instant Income Guaranteed
© 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.
Professional Trader Andy Jordan
Educator for Spreads, Options, Swing, and Day Trading, and Editor for 20+ years with Traders Notebook, daily advisory newsletter.
Trading Article: Overcoming Fear
There are three foes you must overcome in order to become an adequate trader.
The first foe is fear. If a trader runs away out of fear and avoids trading, nothing will happen except that he will never learn.
Fear causes your logic to become fuzzy and unclear. Lack of clarity becomes the...read more.
Andy Jordan wants you to learn trading and highly recommends that you invest in yourself. Private mentoring with Andy is the first step to improving your trading, his students find this very helpful to accelerate their trading successes.
Private Mentoring with Andy Jordan – Sign Up Today
© 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.
Professional Trader Marco Mayer
Educator for Forex, Futures and Systematic Trader
Creator of Ambush Trading Method, Ambush Signals, and Head of AlgoStrats.com
Ambush Performance
Ambush System is a legendary trading system for more than a decade and dominating in so many markets! I simply don't know of any other trading system that has kept on doing its job that well for such a long time. Honestly, most traders are more than happy if their system lasts for a couple of months before they have to come up with something new! Also, while most systems work in just one market, Ambush keeps on pushing to new highs in over 20 markets including a wide range of Futures and Forex markets!
Performance
As they say, a picture says more than a thousand words, so I'll make this short, here's the updated performance graph of the Ambush All Stars Large Portfolio which includes a very well-diversified selection of markets from stock indices and commodities to currencies and interest rate futures.
Check out Ambush Signals Performance to learn about the sample portfolios and performance reports. All of the portfolios look the same though, as all the graphs finish at the top right ;)
As you can see the Ambush did extremely well in almost all of the supported markets. Whether you're trading stock indices, currencies, commodities, or interest rate futures, you don't want to be on the other side of these day trades!
Active subscribers comment how it is so easy and simple to actually take those day trades. They simply had no idea you could actually day trade profitably with so little effort and time! For only a couple of minutes a day, you can day trade while still doing other things throughout the whole day and still have all the benefits day trading offers.
Ambush Signals:
Ambush Signals does all the work for you and simply sends you the Ambush signals for each of the markets that you subscribed to every day.
Ambush eBook:
The Ambush eBook contains all the trading rules of the Ambush System, so if you want to make it your own or know what's behind Ambush Signals this is for you.
Check out both of my products, not sure which one? Email me.
Happy trading,
Marco Mayer
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!
© 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 has been trading and investing since his first trade at the age of 14, and is a well known Master Trader and Investor. He has survived all the up and downs of the markets because of his adaptable trading style, using a low-risk approach that produces consistent profits.
Joe Ross is the creator of the Ross hook™, and has set new standards for low-risk trading with his concepts of "The Law of Charts™" and the "Traders Trick Entry™." Joe was a private trader and investor for much of his life, but a serious health situation in the late 80's caused him to shift his focus, and that is when he decided to share his knowledge. After his recovery, he founded Trading Educators in 1988, to teach aspiring traders how to make profits using his trading approach.
Joe Ross has written twelve major books and countless articles and essays about trading. All his books have become classics, and have been translated into many different languages. His students from around the world number in the thousands. His file of letters containing thanks and appreciation from students on every continent is huge: As one student, a successful trader, wrote: "Your mastery of teaching is even greater than my mastery of trading."
Joe Ross holds a Bachelor of Science degree in Business Administration from the University of California at Los Angeles. He did his Masters work in Computer Sciences at the George Washington University extension in Norfolk, Virginia. He is listed in "Who's Who in America." After 5 decades of trading and investing, Joe Ross still tutors, teaches, writes, and trades regularly. Joe is an active and integral part of Trading Educators. He is the founder and contributor of the company's newsletter Chart Scan™.
Joe's philosophy for helping traders is:
"Teach our students the truth in trading — teach them how to trade."
"Give them a way to earn while they learn — realizing that it takes time to develop a successful trader."
Joe sets forth the mission of Trading Educators as follows:
To show aspiring futures traders the truth in trading by teaching them how to read a chart so that they can successfully trade what they see, and by revealing to them all of the insider knowledge they need in order to understand the markets.
To enable them to trade profitably by training them to properly manage their trades as well as their mindset and self-control.
To accomplish our mission for our students we educate them so that they know and understand:
Benefits for our Clients:
- Where prices are likely to move next.
- Independence from complicated trading methods, magic indicators, and black-box systems.
- Independence from opinion, anyone's opinion, including their own.
- Independence achieved through knowing how to read a chart.
- Independence through having knowledge of insider actions.
- Independence achieved by taking holistic and eclectic approaches.
- Independence coming from knowing how to manage both the trades and themselves.
- Independence because they understand and trade what they see.
- Independence because they have learned how and why prices move as they do, through studying the truth in trading and the truth about markets.
Students learn only proven methods and techniques, which helps them to preserve capital and create more consistent profits; they are offered simple methods that will assist them to earn while they learn.
- They learn to work smarter and more effectively.
- They learn to treat trading as a business; we offer no Holy Grail or magic systems.
- They learn to adapt to changing market conditions.
- They learn a systematic approach to trading rather than a mechanical system for trading.
- Why prices will move there.
- Who and what cause prices to move.
- How far prices are likely to move when they do move.
- Their own role in the movement of prices..
- How to take advantage of the knowledge they receive.
- How to properly manage and exit a trade which they have entered.
- How to manage themselves and acquire the discipline needed to become successful traders.
Read some personal testimonials which Joe has received.
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Note: Unless otherwise noted, all charts used in Chart Scan commentary were created
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