Key Trading Rules For Survival

2 12 hours of very specific rules Rob uses for trend identification, how he trades them for entries, exits points utilizing accumulation and distribution, Rob’s favorite scaling techniques and requirements, failing trade identification, key thoughts for trade management, and a trading checklist Rob uses prior to the course

There are topics and tips covered.

The No Trade zone is between 20 MA and 50 MA. The moving average is 50 and 200 periods. 60 minute chart with 20 period MA and RSI placement. 60 minute chart is critical to have trend or snapback. Accumulation and distribution. Adrenaline trades are less painful if you wait for proper setup. Before going into a trade, there is a backup plan. It is better to be out of a trade and wish you weren’t. Bordom trading has a counter trend. Business of trading needs to follow the plan. Capital preservation is the first job. Who sees a trade at the Las Vegas trade show? A consolidation or a confluence is what it is. Control freaks can’t control markets. The cost basis is close to major levels. Emotions and trading. Executing a trade and considering the risks. Expectations in trade are not met. Failing trades. Failing trades, 20MA goes flat, savesay savesay savesay savesay savesay savesay savesay savesay savesay goes flat then savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay savesay Lighter on size. High and low probablity trades. The one that got away was a junior trader. Just because you can does not mean you should. The height is 12.75pt, the border-top is windowtext, and the border-right is windowtext. There are news and earnings announcements. No revenge trading. No trading times. Damage and disrepair are caused by pressure to trade. Growing confidence and becoming a professional trader. Random distribution of winning and losing trades. Alpha males and Alpha females should avoid revenge trading. There is a risk assessment. Rule followinng. Where do I scale in levels? Scale only in the direction of a solid trend. Scaling is not comfortable. Calculating distance and resistance levels. Scaling and Trailing stops. Scaling entries have risk assessments nearby. The initial entry is small and far from the 20 MA plan. Do not scale sideways. Scaling into trades with trends. Scaling pyramid has support and resistance. Scalping day trades turn into long term holdings. The number of contracts is the size of entry. 5 and 15 minute charts of the speedline trend continuation trade. Speedlines need to follow the trend. Support and Resistance transition phases are less effective. Swiss cheese. The trade is called TC 20. Time doesn’t count in a failing trade. Don’t take a counter trend trade. The money, contract size and comfort level are traded. Junior and Senior need to have air in bars. The transition process of the trend. Trends and names are in alignment.

You can get the Rob Hoffman – Key Trading Rules For Survival at nextskillup.com.