Jimmy Young – The Banker’s Edge Webinar & Extras

This trading system has been developed within the realities of today’s market place and stands up to the rigors of statistical analysis and on-going superior trade performance. You will learn how to make your own trade decisions and not rely on signal services or trade call/chat rooms to be profitable.

What kind of day will it be today? EURUSDTRADER decides whether it will be a range day or a big day. It tells the trader what kind of trades to look for. On a range day the trader should be looking for the market to stay in a range and should be relatively quick to take profit because the market is not anticipated to go too far.

The trader is told to look for the bigger moves on a big day. Buying support and selling resistance are strategies that are out of sync with the type of day expected. The system quantifies the type of day anticipated and then qualifies the type of day anticipated; sometimes the numbers lie and the system will override the quantified approach and state why it thinks the qualified approach is more logical and more statistically probable than what the numbers indicate.

If the system is wrong, what type of day will it be? The maximum stop loss price is stated on every trade. Under no circumstances should the risk on the trade be increased and traders can use discretion in moving the stop in such a way as to take more of a loss in the event the trade fails.

Is it possible to take profits? The motto of the EURUSDTRADER is profits take care of themselves but losses don’t. The system focuses on providing an intelligent stop on every trade that is close enough to give the trade a chance to succeed. No two trades are exactly the same and securing profits on trades is a case-by-case decision. We will discuss many ways to take profits and traders are expected to adapt the right profit trading strategy that suits the particular trade as well as the individual trader’s trading style and trading plan. Good money management is a must for a successful trading system.