Post by traderAllen on Oct 25, 2014 15:32:34 GMT -5
Another method I'm very familiar with for anyone that cares to discuss it is Barry Burns top dog trading course foundations one, Precision Trading: Cycle Tops and Bottoms and Foundation course number two, Momentum: catching the big moves.My first impression that I have after reviewing these two courses are the fact that it is the most complete trading method I have seen for sale on the Internet. Most trading methods the authors attempt to teach you one aspect of trading. usually a technical indicator. This method comes complete with a usable trade plan that you can modify to fit your own personality.
This method like the other methods discussed here all have one thing in common. In the hands of experienced trader the methods are profitable. In the hands of an inexperienced trader, they are a losing proposition.
Barry's videos are very easy to watch and he explains things in a very simple way which is needed for the beginner, and advanced trader may think he's kind of slow and his teachings. But that would be the case with any teacher.
This method has a lot of value in understanding the difference between trends and cycles. The fact of the matter is if you want to trade with a high degree of accuracy as I do you not only have to trade with the trend but you also have to trade with the current cycle, they are not the same thing. This method is a trend the following method that you align with the current cycle and then attempt to scalps the pullbacks within the current cycle.
If you are a new trader and you have yet to form a trading methodology of your own or if you don't even understand what a trading methodology is that I recommend this course for you.
This method like the other methods discussed here all have one thing in common. In the hands of experienced trader the methods are profitable. In the hands of an inexperienced trader, they are a losing proposition.
Barry's videos are very easy to watch and he explains things in a very simple way which is needed for the beginner, and advanced trader may think he's kind of slow and his teachings. But that would be the case with any teacher.
This method has a lot of value in understanding the difference between trends and cycles. The fact of the matter is if you want to trade with a high degree of accuracy as I do you not only have to trade with the trend but you also have to trade with the current cycle, they are not the same thing. This method is a trend the following method that you align with the current cycle and then attempt to scalps the pullbacks within the current cycle.
If you are a new trader and you have yet to form a trading methodology of your own or if you don't even understand what a trading methodology is that I recommend this course for you.
