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COMMON FINANCIAL KNOWLEDGE WILL PUT

YOUR RETIREMENT GOALS AT RISK.

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A Few Observations About Capitalism

We are big believers in capitalism with the caveat that it must be open, transparent and fair. The 60+ markets we trade all promote openness, transparency and fair competition.

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As technology entrepreneurs, we have experienced the total opposite when dealing in private market settings and that really pissed us off.

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It is in this spirit of openness, fairness and transparency that we decided to share with the public, the knowledge of auction-based markets that we acquired over the last 20 years. It was the right thing to do. And we feel good about it. Now, retail investors are better equipped to challenge the hegemony of Wall Street. 

Who is this training for?

This training program is for part-time retail investors who wish to significantly improve their risk-adjusted returns with a multi-strategy, diversified global-macro approach

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We call them Super Investors

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All you need is this training program, the live trading room and 5-hours per week to improve. And some passion and commitment that we trust you have.

 

It’s also for those considering making a living out of full-time trading. This is much harder than you think, and a much harder proposition than to become a Super Investor.

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We call them Macro Traders.

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Check out what differentiates a typical retail investor with a Super Investor and a Macro Trader.

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In any event, you should start by acquiring Super Investor skills and feel comfortable with your performance before you consider a full time trading venture.

 

Become a Super Investor part-time for at least one year and then decide if you want and can make the jump to full-time trading. 

A Huge Leap Forward with a Lot Less Pain.

Training as a trader is hard. But what would you expect? You have the opportunity of making millions of dollars a year with only a pc, a broadband internet connection, a mouse and just yourself, without ever dealing again with a difficult client, a narcissistic colleague or a stressful boss. This is the dream job.

 

But there is no guaranteed paycheck and to make it, you’ll need sufficient capital to start with, sweat your whole life, handle the heat of bad streaks, deal with a tremendous amount of conflicting information, take risk, yet not too much risk, and find everyday the motivation to be as disciplined as a professional F1 driver, tennis or poker player.  It’s a true one man and one woman show. You depend on yourself, only yourself, and your Internet connection …

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Watch the video below. Do you think you could reach (after sufficient training) her level of skills? 

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If your answer is no, then you have the wrong mindset. She was not born as an awesome gymnast. She trained many years to reach that level of talent. Nobody was born as a top performer. Do you think trading is easier? Why would it be?  

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To become a top performer, you need determination, commitment and a ton of practice. Ask yourself this question: are you willing to fail and embrace pain?

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In the army, there is a popular saying that goes like this: "Pain is only a sign that you are still alive. Take the pain".

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But how do you get there?

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It took Fred 20 years to get where he is because nobody guided him through this process (other than LBR who gave him basic understanding of technical analysis). So he made all the mistakes you can imagine and violated the most important rule in finance: he put all his eggs in the same basket. He basically gambled all his savings away. He busted twice and it was painful. But he took the pain and moved on with a promise that he would never make these mistakes again.

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For years, Fred had a simplistic view about what it takes to become successful at trading. He read many books but they just didn’t tell him the whole story to make it as an independent professional trader. 

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8X Wealth trading program was built from the ground up with years of pain. For you, it's a huge leap forward. We accelerate your path and will get rid of any bad habits you might have.

The Usual Approach is Really Flawed

The usual path that most newbie retail traders will follow is:

  • either sign up online to join a trading room and try to copy traders without understanding the complexity of the game; or

  • pay for a course that promises easy riches and that will not even discuss the basics of asset correlation, relative performance and risk management.

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This does not work. We can guarantee you that YOU WILL NOT MAKE IT with such an incomplete and shallow training.

 

When (not if) you fail, they will tell you that’s because you don't have the personality to handle the ups and downs of trading! You haven't been able to master the psychology of trading. 

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The point is: you just can't succeed if they don't teach you all the important stuff like we will!

 

Can you find Structure where others only see Chaos ?

With this training you will. But it will take time before you can see it and make sense out of price gyrations. You can’t predict markets but you can consistently anticipate market action. There is a big difference between the two.

 

Economists and politicians make predictions all the time as if they had a crystal ball. Unreliable ones 99% of the time. Traders anticipate market action based on immediate available information and price action and price reaction clues.

 

In this training program, we will cover everything that matters. 

 

Everything that you need to make it and reach your goals 8X faster

 

We will show you what to look for, where to find it, and will focus on a step by step, practical approach to learning Super Investing and Master Trading.

 

We will help you find structure by watching a dashboard that aggregates millions of price oscillations in a given day. Once you have acquired that skill, it will become a powerful one. 

 

And you will be able to trade (or Super Invest in) anything that moves with volume.

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Just like this, on a trend day.

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In the Right Order, Step by Step

But we will do this in the right order:

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1. Practicing First. You will start with a Practice Account and achieve a 20% return first, with a diversified portfolio that you will frequently rebalance. Don’t trade a penny of real money until you know what you are doing. Period. There is no exception to that rule. In the army they don’t send you to war before you complete a thorough training. Why would it be different with trading?

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2. Keeping your Day Job. You will first endeavor to become a Super Investor, while keeping your day to day job with a comfortable paycheck, not looking at intraday market action, just end of day, weekly and monthly stuff, so you can stay focused at work. Most of you will do fine as a Super Investor and significantly improve your overall performance. We’ll mostly work with diversified, relative value strategies.

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3. Preparing for More. Finally, only the very few will make the jump to become full time traders. Maybe you will want to trade when you retire? Time is of the Essence. Don’t rush things. With what you will learn in this training program you can make money in any market conditions so relax. Gain experience first. 

What We Trade

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Here is the list of global macro assets we trade - but feel free to also trade ETFs and some stocks if you feel gifted like Warren Buffet - we will cover ETFs in a section of this training program.

 

These assets are extremely liquid in the sense that you can get in and out of them in a matter of milliseconds with no or very low slippage. Not like real estate ...

 

As you will see in this training program, you are better off trading a diversified basket of indices than trying to stock pick. Go Apple picking instead.

How Long does it Take ?

As soon as you finish this training program you will be making $1 000 a day ! Have you heard this before? Ok, let's not be ridiculous.

 

The no bullshit answer is: you need about 12 months to become a Super Investor, provided you continue to improve your process every week in our live trading room.

 

To become a consistent, full-time trader who can make a living with sufficient capital, it takes 10,000 hours. Some Super Investors will get it faster and eventually beat us at this game (which is fantastic in the spirit of fair competition!), but assume this as a general rule of thumb.

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You will tell us that it didn’t take 10K hours for Sylvester Stallone to become Rambo right !? Of course, it’s a fuckn movie.

 

Don’t believe in fairy tales. Becoming a pro at anything takes 10K hours.

Fred's Atypical Experience

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Fred is our lead macro trader at 8XW. He has an atypical professional pedigree: he was first trained as an infantry platoon commander in the Canadian army, then as a corporate finance lawyer in big Canadian law firms. He went on to start his own corporate finance law firm, and then founded 2 technology startups. But he always obsessed about one thing: financial markets and how to beat the benchmarks. These life experience building blocks contributed in their own way to form his unique character with a well diversified set of strengths, weaknesses and obsessions. 

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This year, Fred his turning 50. That's a Big Deal, at least for his wife and him! It was just the right time for Fred to put all of this experience and knowledge together and launch the 8X Wealth experience.

 

Fred told us that he first did this special training program for himself. The process helped him stay focused and forced him to continuously improve his mindset, strategies, techniques and willingness to be the best at trading the financial markets. It was just time for him to focus his energy on an endeavor that would use his unique skill set to its greatest extent and one that would also make him feel accomplished. 

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Could it be the same for you?

 

It took years for Fred to understand that trading was his professional calling. He wanted to try so many things from a professional standpoint. Now, he's just eager to sit at his desk everyday at 6AM and avoid distractions, zoom meetings, conference calls, and all that BS. It makes him feel accomplished and in control.

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Part of the process is also to figure out, on your own, what is your trading style. Obviously there are many ways you can profit from financial markets. For Fred, he rarely trades with fixed stop loss orders because it leads to very choppy trading, and removes a lot of edge, in his opinion. Fred manages his risk differently and will show you how in Part 2 of this training.

Our Convictions

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We really hope that you will find the courage to challenge common financial knowledge or financial truth that some financial literature and financial advisors have tried to put down your throat for so long. There is no such thing as Financial Truth but we will share a few of our personal convictions:

 

  • If you only trade stocks and bonds, you will be disappointed with your returns and will likely fail to reach your financial goals by a lot. The Great Bull Cycle is ending.

  • If you never go short the market and never profit from a downtrend, you can’t beat the benchmarks and you are not managing your risks adequately.

  • If you approach investing only with a buy & hold mindset, you are gambling your assets away.

  • If you trade bankrupt companies, you are a gambler with bad habits.

  • If you dismiss history and believe that this time is different or that financial assets always go up, you are breaking the golden rule of macro investing and investment cycles.

  • If you believe you cannot time the market, you have been brainwashed by the financial literature and advisors who enjoy to wine and dine rather than trade the markets.

  • You need to get exposure (long or short) to five asset classes, always:

    • Equities

    • Currencies

    • Commodities

    • Bonds

    • Real Estate

  • Limit stock picking to 10% of your portfolio, not more.

  • True diversification reduces your risks by 80% while not impacting your returns, on average.

  • Inflation is your worst nightmare so understand it, track it and hedge against it.

  • Black swans always come, but never when you expect them.

  • Only the skeptics beat the benchmarks, not the optimists.

  • You can’t trade one strategy, you need to trade many strategies on many timeframes. 

  • Macro favors generalists, not specialists.

  • You can beat the benchmarks by investing part-time. Yes you can

A Proven Strategy

We will share with you a ton of additional thoughts, convictions, proven trading techniques and master tips that we think you will find pretty useful. In this training program, we will go through our investment methodology which consists of the following:

 

  • Macro analysis

  • Weighted correlation analysis 

  • Fair value analysis 

  • Relative performance analysis 

  • Narrative sentiment analysis

  • Tactical analysis

  • Position analysis

  • Regular Profit taking

  • Regular Portfolio Rebalancing

 

We will show you a ton of examples. Most of them, we traded or spotted them as they occurred. We don't believe in hindsight bullshit. We thrive to anticipate what's next, always. 

 

We can prove it. See our returns.

What Makes YOU Happy?

Have you ever asked yourself what makes you happy?

 

We don’t find happiness in our sleep nor commuting to work, nor arguing with others (except for narcissistic people) or doing the dishes. A huge part of happiness must find its root in the work we do everyday. That’s how it is. We are all playing this game of monopoly and must show up to work to survive - even drug dealers show up everyday to sell drugs to our kids. How fucked up is this !

 

If you spend 35 hours per week at work, it will add up to about 1,700 hours per year and to over 80,000 hours in a lifetime. But if you want to become better than the average joe at work, you’ll have to spend 2x that number, 70 hours per week, 3,400 hours per year and 160,000 hours in a lifetime. That’s about 40% of your adult life spent at work ! You better like what you do … we hope.

 

If work does not make you happy, then your life journey will be a fuckn long one. Give yourself enough time to try different things in your free time to figure out what motivates you. Kudos to the people who find it right off the bat, but that’s very rare. 

 

The other option is to retire early, and hopefully this training program will make a difference if you choose that path ! 

The HODLers Herd Mentality

Another motivation for making this training program available to the retail investors: at 8XW, we just can’t stand the HODL (Hold On for Dear Life) retail trading mentality. Retail traders who trade (soon to be) bankrupt company stocks hoping to retire one day, by betting the farm on a single, crazy trade. They embrace bubbles and see no end to the price frenzy because they believe “this time is different” (TSLA below). It’s nothing else than a casino. They are gambling their savings away ! That’s why Citadel and Goldman are super rich. They take a cut every time they trade and often take the other side of those trades.

 

This time is different, euh?

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What about asset correlation, diversification, relative performance, risk management, regular profit taking and portfolio rebalancing?

 

These concepts are unknown to them. It is a shame.

No, It’s Not Enough

This training program is a strong foundation to give you better odds at successful investing. But it won’t be enough. You can’t improve if you don’t commit and practice regularly. 

 

That’s why we are bringing to you exclusive market commentary in our private trading room, available for life with this training. Fred ran a live trading room with LBR in 2005-2006, as one of her trading assistants. Fred remembers how valuable it was. He was very good at flagging opportunities but was bad at executing his trade ideas. Like some of you, he feared what he believed to be noisy swings in the markets. Now he has mastered execution and dealing with noisy markets. Now markets fear him !

 

As traders, we deal with contradictory information all the time and we change our mind all the time. The trading room is meant to flag the best opportunities but also flag risks as they arise and help you develop your execution skills, in real time. Sharing thoughts and experience with colleagues who share the same passion is also important.

Yes, It's Just the Beginning

Keep in mind we are at the very beginning of 8X Wealth. This training program will be updated regularly and it will get better with time, by increments.

 

And because you have access to this training program for life, and can provide your feedback, comments and questions, we will endeavor to make this training program better year after year. We will help each other get better at trading the markets. A win-win relationship. That’s awesome. You will be notified when a new section of this training is available. We may also add new training programs about finance and business eventually. 

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Together, we can build a long term, private community that will help retail investors become better, smarter investors, and kick Wall St. ass. And if you like it, one day, you can teach your kids, or your parents and even refer your friends to this training program.

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... by better managing market opportunities and risks. 

How this Training Works

Each section of this training program starts with key takeaways, then we dig deeper into its content, and finish with a feedback and quiz section to make sure you are taking this shit seriously.

 

Please use the feedback section to give us constructive feedback and use the training program forum and live trading room to ask questions that you might have. We will answer you, but sometimes after trading hours. 

 

Finally, there will be quizzes at the end of some key sections. Those of you who can reach a total score of 80% (that is more or less our win rate in the markets) will have an exclusive one on one time with Fred and be given access to special trading features. We believe in meritocracy more than we believe in democracy. So top performers get more perks. 

Video is Overrated

A few words about video: in our humble opinion, you can’t learn how to fly a jet by watching youtube videos. It’s the same with trading. While there will be some videos along the way, this training program is 90% black ink on a white screen. 

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There is a ton of material to cover (see by yourself) with a ton of references and you will want to navigate through different sections back and forth, and read a few sections more than once, at your own pace.

 

The training program is also available on your mobile phone so make use of it. 

Sessions are Short and Sweet

In general, online sessions in this training program will be short and will focus on key takeaways, with further references if you want to learn further. Buckle up, we have a lot to cover. But don’t feel overwhelmed, there is no rush in getting this training program done. Market opportunities are plentiful and will always be. So, don’t be like the impulsive retail trader who jumps in when he or she hears about a tip or two. 

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Start with this training program, make your way up in the Practice Account, follow the live trading room and get your capital up 20% before you commit real capital to macro investing and trading. Follow these steps in order. Don’t fool around. 

 

REJECT GAMBLING HABITS. BE PATIENT. BE RESILIENT. DIVERSIFY. ALWAYS TRADE ON BOTH SIDES. FOLLOW THE STEPS AND RESPECT THE PLAN.

A Few Words about Fair Competition and the Sharing of Knowledge

Fair Competition

 

Open and auction based Capital Markets offer a competitive environment that is remarkably more efficient and inclusive than the walled and opaque gardens that characterize private markets.

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An Efficient Process but an Inefficient Price Distribution

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The auction process of a mature open market is remarkably efficient but the price distribution is not, because of the way humans interpret new information with their own background and own subjective bias. That is why our family reunions are so exciting right?! With the same available information, the subjective bias and unique background of each family member will often result in opposite opinions being formed, sometimes at odds with each other, the same way one investor will see a buying opportunity while another sees a selling opportunity at the exact same moment in time with the exact same information available to them. It is this subjective, and always changing phenomenon that creates the best risk/reward opportunities for the astute investor who abides by the process and by the rules. 

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An Open Market is one of the best instrument of capitalism. It provides a remarkably fair exchange of transactions governed by a transparent auction system. While the system may often be attacked and abused by certain participants, it remains mostly undisturbed because of its efficient process. The auction system is so deep and ubiquitous, with millions of transactions happening per second. There is simply no better form of capitalism. 

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Sharing Knowledge Without Compromising Our Edge

 

That is why we feel we can share our knowledge of capital markets with retail investors without compromising our edge (with the exception of a few trade secrets that are yours to figure out ;-)). We can do good while profiting from inefficient price distribution created by the natural bias of subjective human thinking.

 

That has always been our ultimate goal. Finding the flaws in subjective thinking in a given context while playing 100% by the rules and sharing that knowledge with those who want to learn. We could never achieve that in a private market setting where only a few participants control business opportunities and control the narrative. We have seen this inefficiency and anti-competitive process happen time and time again in private market settings. Just look at Google or Facebook who control more than 80% of the online advertising market. That is ridiculously unfair. But We can’t blame them. We can only blame the system that has let these companies destroy the essence of the fair competition spirit for the greed of management and shareholders. 

PART 1

PART 1 - FOUNDATION

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1. Intro

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2. It Starts with the Right Mindset

a. Do you believe in The Magical Money Machine?

b. You learn valuable lessons by failing not by winning

c. Looking yourself in the mirror

d. Understanding your weaknesses

e. Putting Aside “Certain” Convictions

f. Can you Deal with an Extraordinary Flow of Conflicting Information?

g. What are your obsessions?

h. Observing your day

i. You want to trade because: …?

j. Will you be Committed Enough?

k. Your Mini Me

l. A few things about me

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3. A Healthy Lifestyle

a. Do you have the Drive to Survive Mentality?

b. Gut Psychology and Financial Markets - the short story

c. The Right Amount of Dopamine

d. Get Your Diet Right

e. Your Routine

f. Your source of capital

g. Your mental support

 

4. Some Key Concepts

a. Fair Competition and the Sharing of Knowledge

b. Common financial knowledge is overrated, Common sense is underrated

b. Building Wealth

c. Trading is actually Easy, in theory 

d. It is Easy to be Always Right, “Eventually”

e. Overspecialization is very dangerous

f. What is Global Macro Investing

g. Some Key Definitions

h. Market Basics

i. Forward looking and Discounting mechanism

j. Asset Classes and Diversification

k. Bull, bear markets, bubbles and busts

l. Risk Adjusted Returns

m. Risks Overview

n. Narrative and Sentiment

o. Types of financial instruments

p. Long and short trades

q. Position(Core) Trades, Swing (Scalp) Trades and Spread Trades

r. Types of orders

s. Market Depth

t. Using leverage

u. Understanding Margin requirements

v. Hedging

w. Volatility

x. Normal Distribution and Mean reversion

y. Effect of Compounding

z. The costs of trading

aa. The Big Picture

bb. Leading Indicators

cc. Lagging Indicators

dd. Beating the Benchmarks

ee. Predictions vs Game Plan, Knowledge vs Positioning

ff. Dealing with Cognitive Dissonance - the Big IFs

 

5. Connecting to your Global-Macro Broker

a. Setup the practice account first

b. Alternative: trade ETFs on stock exchanges

c. Video: setup your charts in Oanda

d. My Setup

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6. A Few Recommended Readings

a. Alpha Trader (new)

b. Mind over markets

c. Schwager on Futures : Technical analysis

d. Street smarts by LBR

e. Intermarket Analysis, by John Murphy

f. Alchemy of finance by George Soros

g. The man who solved the markets

h. Changing world order by Ray Dalio

i. Big Cycles by Ray Dalio

j. Who to follow on twitter and Linkedin

k. Macro Research

l. News sites

 

7. Understand Rules and Participants

a. Intro to Capital Markets

b. Participants and their incentives

c. The Rules

d. Who typically wins

e. Who typically loses

f. Can you beat the benchmarks?

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8. Principles of Global-Macro Investing and Trading

a. Where to start

b. History matters (a lot)!

c. Economic Theory

d. Understanding key fundamental economic cycles

e. Surplus and Deficit - the balance of payments

f. Credit and Interest rate Policy

g. Currencies

h. Workforce

i. Understanding Big Debt Cycles and Boom and Bust

j. Quantitative Easing (QE) and Tightening (QT)

k. GDP

l. Recessions

m. Inflation, Deflation, Stagflation and Shrinkflation

n. Globalization and De-Globalization (Protectionism)

o. Price Action vs Fundamentals

p. Earnings Cycles

q. Long-term cycles, short term patterns

r. The Narrative vs True Intentions of Policy Makers

s. Reflexivity or what causes self-fulfilling prophecies

t. A few words about crypto-currencies

u. Why Buy & Hold will not be the right strategy looking ahead

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PART 2 - TRADING TECHNIQUES

 

9. The Utmost Importance of Diversification

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a. The anti-HODLer, Goldbug, doomsayer, anything mindset

b. The Cockroach Portfolio

c. Index investing vs Stock Picking - the positive skew

d. Spread your trades methodically, but don’t overtrade

e. Be aware of alternatives that can disrupt existing methods

f. Example of diversified global macro portfolio

 

10. Portfolio Correlations

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a. Chances are you have all your eggs in the same basket

b. How to measure cross-market correlation

c. Shifting correlations

d. Basics to construct a truly diversified global macro portfolio

 

11. Relative Performance

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a. Performance is always relative to another asset (ex: to USD)

b. Spread Charts

c. Inflation adjusted

d. Seasonal patterns

e. Trading Dashboard

f. The Heat Map

 

12. Mastering Auction Theory, Price Discovery and Technical Analysis to trigger entries and exits

 

a. The Weakness and Strength of Technical Analysis

b. Keeping it simple

c. Multi-Assets, Multi-Strategy, Multi-Timeframes

d. Putting it all together

e. Expected value

f. Thesis vs Short-Term Tactical Outlook

g. The model

h. Big Picture

i. Capital Flows

j. Candlesticks Charts

k. Introducing “Impulse” Charts

l. When Markets Move

m. Trend vs counter-trend trading

n. Type of day and Context

o. Levels

p. Chart Geometry

q. Auction Markets and Market Profile

r. Time is of the essence

s. Trading Logic

t. Moving averages and fair value

u. VWAP

v. Buying and Selling Tails

w. Responsive versus initiative buying or selling

x. Pivots

y. Gaps

z. Momentum

aa. ATR

bb. Volatility

cc. Wide range bars

dd. Measured Moves

ee. Bear Market Rallies

ff. Exhaustion and Climax

gg. Reversals

hh. Piggybacking on Smart Money

ii. Anticipating the next opportunities

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13. Managing Financial Risks

a. Intro

b. Leverage is a two-edged sword

c. Visualizing the Sharpe Ratio

d. Financial Repression, Black Swans and Extremes in Standard Deviation

e. Monopoly and Business Empires

f. Bad Actors

g. Using stops

h. Position size matters (a lot)

i. Timing is (almost) everything

j. Calibrating and Rebalancing your Portfolio

k. Reading the Tape

l. Preparing for drawdowns and Black swan events

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PART 3 - MASTERING MARKETS

 

14. Trading with Data

a. A few words about pattern recognition

b. Analog vs pixelated view

c. Using the OANDA API

d. Using TradingView

e. Exploring and Testing strategies

f. Examples of systematic strategies

g. P&L, win-loss, streaks, drawdowns, sharpe ratios, etc.

h. ATR, correlation, standard deviation

i. Up days, down days

j. Advancing / Declining

k. Regressions and Mean reversion

l. Using Regression Analysis in TradingView

m. Profiting from price swings in non-correlated assets

n. Seasonal Patterns

o. Meta Learning

p. Digital Assets

q. 8X ATP

 

15. News and Calendar Events

a. Relevant and unbiased News vs noise and biased News

b. Where to look

c. Avoid Biased Narrative at all Costs

d. Causes and Effects

 

16. Proven Trading Techniques

a. Embrace fear, spot greed, find value

b. Candlesticks Charts

c. Impulse Charts

d. Ranges and Channels

e. Trends

f. Volume

g. Breakouts

h. Channels

i. wide range Bars

j. Climax and Spikes

k. Conviction vs Trade location

l. Market neutral techniques

m. Macro plays

n. Traps and failed auctions

o. Placing orders

p. Scalping

q. Aiming for Stops

r. Failed patterns matter more

s. Taking profits on a regular basis

 

17. Case Studies

a. The UK confidence crisis

b. The Swiss Franc devaluation

c. The Crude Oil shock

d. The European crisis

e. The USD Milkshake

f. The Covid Boom & Bust in Bonds, then in Stocks

 

18. Forecasting tools

a. The Best Forecasting Tool is a Flexible Game Plan

b. yield curve

c. Leading indicators

d. Open Source Intelligence

 

19. Master Tips

a. My key principles to Success in trading

b. Common Mistakes & How To Avoid Them

c. Do not invest in the present, anticipate the future

d. Focus on what’s in play

e. Write Down the Theme of the Day or of the Week

f. Watch the right timeframes

g. Multi-strategy ALWAYS

h. The 5-DAY SMA for Short Term Trading

i. A Golden Rule: The Higher Low and Lower High

j. Don’t Fade Afternoon Trends

k. Wait for the Next Day

l. Markets are resilient, often wrong and love to test the extremes many times

m. Check and Balance your Discipline and Mental State

n. Trade against your Core Position

o. Spotting the Bubble Top or Burst Low

p. When you feel lost - zoom out, reduce position sizing and take profit often

q. When you feel overwhelmed, just do something else

r. Know your Streaks (hot and cold)

s. Using Linear Regression Analysis

t. Setting up the best RR Trades with Impulse Charts and Tails

u. Know everything about your positions, P&L, win/loss ratios, daily, weekly and monthly drawdowns etc.

v. Keep Challenging your convictions

w. Increase position sizing on higher conviction trades

x. Let your winners run

y. Don’t hesitate to pull the trigger, but in doubt stay out …

z. Leverage is a double edged sword

aa. Leave FOMO to retail traders

bb. Embrace fear, spot greed, find value

cc. The Big Ideas and Crisis for this decade

dd. Yes you can beat your Lazy Broker

 

20. Charts library

a. Our charts library is updated regularly

b. ATR

c. Moving Averages

d. Trends

e. Failed Auctions

f. Consolidation

g. Failed Setups

h. Breakouts

i. Measured Moves

j. Broadening patterns

k. Divergences and Mean Reversals

l. Climax and Tails

m. Crash

n. Gaps

o. Inside bars

p. Levels

q. Noise

r. Relative Performance

s. ROC

t. Tops and Bottoms

u. Value Area

v. Linear Regression Channels

w. Wide Range Reversals

x. Scalps

y. When to be Aggressive

z. Mistakes and Bad Trades

 

21. Doing your homework

a. Annotate your charts

b. Identify key levels and technical events

c. Setup Alerts

d. Know what main factors affect your Market

e. Know the ATR

f. Don’t be reactive: Place most of your orders in advance

g. Note the calendar of events

h. Review correlation and relative performance, often

i. Read, watch, analyze and read again

j. Practice with Tradingview Replays

k. A Trading Sheet template

l. Training your body and mind

 

22. Mastering your Personality

a. Band of Brothers

b. Type of traders

c. Pulling the trigger

d. Managing risks first, Pull the trigger second

e. Taking profits often

f. Trade with Confidence but beware of the Confidence Trap

 

23. Your First Goal: Reaching $120K

a. Start with a practice account

b. Learn to BUY under FMV and SELL SHORT ABOVE FMV

c. Follow us in the Live Trading Room (included in your course package)

d. A very Special Offer if you pass the Course as an Ace

 

24. Putting everything together: Becoming a Super Trader or Master Trader

 

25. Your Next Step: Improving in our live trading room

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26. Apply your new skills to stock trading and crypto-currencies.

 

27. Open your wings!

PART 2
PART 3
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