Walter Bressert – Intraday Timing for Low Risk Swing Trading (Audio, WorkBook)

WALTER BRESSERT – INTRADAY TIMING FOR LOW RISK SWING TRADING (AUDIO, WORKBOOK)

It’s 12 MB.

About the author.

Since the 1970s, Walter Bressert has been using market cycles to trade stocks and commodities.

There isn’t much chance for economists to succeed in stock trading. Walter Bressert made such a conclusion. He received a good education in economics. They were starting to make transactions on the trading floor and quickly became discouraged with their theoretical knowledge. The graduates of educational institutions providing economic profession, as a rule, are not well versed in how the world is arranged. They don’t know life and their decisions are based on theory. Loss of capital is a consequence. Walter was devoted to studying the trade. Technical analysis of market conditions was the basis of a correct prediction. Walter was willing to share his experiences with the market participants.

What can be done to replace the lifeless theory?

There is a conflict between those who believe that the stock quotes are moving in line with economic indicators and those who believe that they are moving in a different direction. The fundamental analysis tends economists to work well in the long run. Most stock traders make short trades. Walter Bressert was the master of intraday trading.

Walter realized that he didn’t make the right decisions when he was trading on the stock exchange. Despite the fact that he is not selling exotic instruments, the S & P 500 and the most highly liquid futures, he is still selling them. Back in the 80s of the last century, Bressert tried to improve his skills by looking for materials for further study of trade on the Stock- Market. He was forced to admit that nothing, in fact, does not exist in nature.

The practice has proved that the experience and ability of feeling the market helps traders a hundred times better than any existing theory. Walter was convinced of this by other examples. He came up with the idea to write about their strategies. The textbook The power of a combination of oscillators and cycles was published after a while.

Walter Bresset’s concept can be reduced to two main ideas.

1. In order to properly assess the market situation, a trader needs to develop the ability to sense the time frame – the so-called rhythm, which is inherent in each market and forms a well-defined cycles fluctuations of quotations.

2. You must learn to identify overbought and oversold market. Bresset pointed that this skill is key to making a profit on the Stock-Market. The most reliable way to determine such states Walter considered the ability to use oscillators. In particular, if the position is above 80-90 marks, the price may be considered excessive. If the values are in the range of 30-10, the price can be considered low.

Bresset offers to take the next step if you learn to properly assess. Biographers often talk about an incident that happened at the beginning of Walter Bresset’s career. A senior colleague approached Walter in the stock room and told him how to make money in trading. In a downtrend, it is necessary to sell everything that is in demand. When it becomes a trend upward, buy assets that fall in value. Bresset didn’t pay attention to the advice at first. When he began to think about the rules of successful trading on the stock exchange, he thought of it first.

Walter argued that the knowledge of the trend is the only guarantee of earnings in financial speculation. It’s time to anticipate the reversal. At first glance, this is important when fluctuations occur, apart from the main trend. Bresset advised to be attentive while choosing the instruments if you try to use a intraday strategy. He believed that the S & P 500 and the Swiss Franc futures on Treasury bonds were perfect for transactions within one day. Walter avoided all other assets.

Bresset considered how to cope with emotions after the success of each trader. The accounting time frames and oscillators are perfect for the formation of a mechanical strategy. If you don’t manage to refrain from excessive worry, you can always ruin everything. Walter Bresset said that the market checks the trader’s mind to the test. It seems that someone is trying to distract you. The trader is tempted to close its positions with a minimum profit. He buys or sells in no way related to his own strategy. Bresset admitted that he could not always keep the Olympian calm during the auction, which reduces the efficiency of its business. If you prefer to search for points of entry and exit, and stick to their own forecasts, you can also cope with the emotions.

Walter Bresset had a few rules.

The question of how to achieve success in stock trading is relevant for many decades. He was interested in the new traders who have not been able to create their own strategies to achieve stable and high profits. How should start-up capital be used? Which universities finish? Is it possible for a financial guru to take an example? There are a lot of answers in today’s world. It’s up to you to choose the way in which you go. Walter Bresset called on people to find their own path to financial success and not follow his example.

90 percent of people who start working on the stock exchanges lose their money very quickly, according to Bresset. They are bad do your homework because they refer to the nuances of stock trading, which affects whether you will get profit or donate part of their market status. The main advice by Bresset is to learn and to know what works and what doesn’t.

Bresset advises in his book The Power of a combination of oscillators and cycles in intraday trading. In principle, a trader can use any type of technical analysis, but to the time cycles they must be treated with special care because they play a role of glue that ties together all the events in the market and allows you to experience the rhythm of what is happening It is thanks to the analysis of cycles that you can learn about oversold and overbought tools that you don’t see in a single graph. Walter advises to remember that the daily chart defines the trend week cycle for four hours.

Knowledge of the Bressets trend calls is very important for a trader. You should either follow the trend or clearly define the point of reversal for a successful trade. Many traders go bankrupt because of the errors in this segment of technical analysis. They often make the sale in anticipation of a reversal of the trend. This is a mistake beginners make which leads to huge loss of capital. If you don’t know how to define the pivot point, trade in accordance with the trend.

The ability to accurately predict the situation using their intuition can only be found in a financial genius. One correct solution will be three or four incorrect, which is why an experienced trader is better to push your emotions aside. To make it more difficult than the market is the emotion. Emotions are greater when the volatility is greater. To avoid them, Bresset advised to focus on the cycles. He told them not to be tempted and not to believe their fears. You should only open or close positions if you have primitive signals. The market will be for you less emotional as soon as you are guided by mechanical laws of entry and exit.

The publication of reports, statistics, statements by officials and other economic news can influence the use of intraday trading tools. You won’t have to do business or play the lottery.

Only those tools that are running their strategy should be used for transactions. The fate of the papers will depend on some subjective factors. You could lose the tool at any state of the market if it wasn’t sufficiently liquid. Walter thought it was possible to make deals with futures and the S & P 500. The Swiss Franc was thought to be the least affected by fluctuations due to the release of the next news. He did not rule out the use of its strategy. It is possible to calculate the motion cycles of quotations according to seasonal planting, harvesting, and weather forecasts for the future harvest in the grain trade sector. Predicting what the year will be Harvesting less grain and buying assets for a few months before they rise is not difficult. This is the definition of a trend. It is not happening in trade in the short term.