Dr. Andrew Menaker – Trading Psychology

Trading Psychology That Really Works

Dr. Andrew Menaker, trading psychologist, trader, and coach to some of the top traders in the world, will address the myths in trading psychology and outline what really works. He will present key concepts from recent neuroscience research, behavioral finance, combined with his experience working with top traders, including the psychology of one of his current clients who took a 1.5 million dollar account to 3.4 million in nine months. This is trading psychology that top performers are using.

In this webinar you’ll learn:

• Why traders tend to repeat the same mistakes

• Why its so difficult to follow your plan

• How to use emotions to your advantage

• The mind-set of very successful traders

At some point, most traders realize that psychology plays a large role in their performance. It’s also true that most traders never achieve the level of success they desire. The traders who address thiswith the right approach are the traders who improve. In this webinar, Dr. Menaker goes beyond the usual trading aphorisms such as ‘plan the trade and trade the plan’, and ‘eliminate emotions’ and will show you what works and what doesn’t. Prepare to be enlightened.

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Larry Williams Indicators Explained

Date and time: Monday, March 3, 2014 4:30 pm Eastern Standard Time

Register Here

Market Technologies, LLC has teamed up with world-renowned technical analyst and trader, Larry Williams, to bring customers two Premium indicators only available in VantagePoint Intermarket Analysis Software.

On March 3rd, 2014, TraderPlanet will host a free live webinar where Larry will demonstrate the effectiveness of the Williams Electronic Market Accumulation Index and the Professional Sentiment Index. This is a great opportunity for VantagePoint users to learn how they can incorporate Larry’s indicators into their trading strategies and effectively track the “big money” in the market.

No other futures trader is as accomplished as Larry Williams. He has more trading and investment books on the market than any other futures trader. Larry Williams has taught thousands to correctly trade the markets, won many trading championships, and has been the only futures trader in the world to repeatedly trade $1 million of his own money live at seminars around the globe.

“These indicators are unique and unlike other indicators that I have developed. You can consider these indicators my ‘secret weapons’. This is my private stock and distribution of these indicators will be very limited allowing me and those who have them to reap the benefits. I have decided to keep these indicators from becoming over-used by the masses of traders and am only making them available to VantagePoint customers. The combination when VantagePoint indicators and my indicators are in sync is very powerful.”

~Larry Williams, Trader and Technical Analyst

Register Here
THIS IS AN EDUCATIONAL EVENT WHICH INCLUDES Q&A WITH LARRY

Price Squawk Webinar Q&A

Graham from PriceSquawk is holding a Q&A Webinar for his PriceSquawk and Audible Markets software this Wednesday 4:00pm EST.

He will be sharing his desktop in order to run you through the configuration options of PriceSquawk, taking suggestions for certain instruments, and market conditions that you would like to listen for in the markets.

REGISTER HERE for PriceSquawk Q&A – Wednesday 4:00pm EST

This webinar is purely for you to ask Graham questions on using PriceSquawk and Audible Markets.

Day Trading without charts, part 2

As usual change to Full HD, Full Screen for best results.

To summarize what we have in both part 1 and part 2 of this webinar:

Day trading without charts is all about trying to capitalize on areas where a lot of traders are committed.

After moving out of an area where many traders are committed, we know that some traders on one side will have taken a loss. They are less likely to take the same trade again at the same prices at which they just lost money. Some traders will have watched their trades go offside and breath a sigh of relief when it comes back to their entry area. They exit their trades, helping the market to move back towards the breakout area. Those on the winning side will be more confident and more likely to add more to the trade. And this gives you an imbalance in terms of the people that will buy/sell that area when price moves back there.

When a short term high volume range develops – ultra short term traders will be fading the extremes. That helps fuel any move outside the range.

These high volume areas tend to start off as high volume nodes. Just 1 or 2 prices where high volume occurs. Look for a hold IF it pushes though but you have your eye on how it reacts to that level. If you do suspect that this is turning into a high volume area then give it time to develop. There is no hurry.

Don’t be so fast to take reversal trades, if you do take a reversal trade you can wait for the area to hold first. You don’t need to get in at the high of the day on a short.

In terms of confirmation on trades, both order flow and looking at correlated markets are good ways to confirm trades. These are covered in other webinars on the jigsaw site.

Using volume profile will give you price where entering the market gives you excellent reward relative to risk. The thing is though – you might not get to those prices. Also – you might find that you trade down to your entry price but don’t get a fill on a limit order. If I want to buy 1830, then I’ll watch the offers @ 1830.25, if the offers go from 1000 to 800 to 600 to 400, then I’ll probably just hit a market order buy into 30.25 as I suspect the level is about to break. I’ll do that even if I have a limit order buy @ 1830 and I’ll then cancel the buy @ 1830.

Sometimes though – you just won’t get filled and there will be temptation to chase the trade and get in at poorer prices. The only time I’d do that is if I see momentum going into the top of the range. Other than that. You just have to let some trades go by. That way you do not have to worry about being right all the time.

Number of ticks etc in this webinar is based on the ES. You need to make adjustments for thinner and thicker markets.

Thanks for taking time to listen to our day trading without charts webinar.

http://www.youtube.com/watch?v=4rdT4X6-_wc

Intra-day and swing trading the first 2 hours of the market

In this live webinar Josh Dipietro, the author of “The Truth about Day Trading Stocks” will discuss how he uses both intra-day setups and swing setups to trade the first two hours of the market. He will show the frame work to his system and several current-day actual trade setups to enforce and demonstrate this strategy.

This live presentation, which is part of the Lightspeed Stock Trading webinar series, is a great opportunity for new and existing Lightspeed users to learn useful trading techniques.

http://www.lightspeed.com/webinar/lightspeed-trading-presents-intra-day-and-swing-trading-the-first-two-hours-of-the-market/

NinjaTrader & Jigsaw Tools

On the 28th August, NinjaTrader hosted a webinar where we discussed how many traders believe the depth of market is useless because it is full of fake orders, which is true; however you can learn to read and use fake order to your advantage! The ability to ‘fake’ the market takes very large accounts and risk.

Peter discussed why large accounts cause manipulation, and took a look at the ES market to go through what was happening at the time.

Stacking/Spoofing Orders – why and where it happens.
Hidden Orders – how to spot them, where to look for them.
Index Arbitrage/Non directional positions – when NOT to join in.

We also looked at some profiling techniques so that we could identify areas to be defended that develop through the day.

As usual, switch to Full HD, Full screen for best results:

http://www.youtube.com/watch?v=50yPu3nCumY

Live Webinars

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: Here at Trade Advantage we publish all the best FREE Live Trading Webinars.

Keep informed, learn, adapt and become a better all round Trader by attending frequent up to date Trading Webinars.

Register HERE to keep up to date with all the current trading webinars available around the globe. You will be emailed every-time a new event is recorded, you will also receive a complimentary trial into our live trade room, you can choose to take advantage of this or not.

Read though past webinar events HERE