Predicting markets is like predicting the weather, only short-term forecasts are viable. Short-term trading has the advantages of generally lower risk but unfortunately, the profits are limited. The real money is in longer-term trends but the risks are too high, especially since they are so hard to predict. So what’s a trader to do when faced with this dilemma? Simple, it’s not a mutually exclusive decision. Why not trade for both short-term and longer-term gains?
Considering the above, Dave will show you his hybrid approach to trading. He’ll show you how to recognize trends and some simple patterns to get aboard them.
It takes more than just a couple of patterns to be successful. You also need a money management plan and the mindset to follow it. Therefore, Dave will touch upon a basic but robust money management system that will help you to capture both short-term and longer-term moves.
Finally, since the only thing that might be standing between you and your success is yourself, he’ll touch upon the 3 M’s of Trader’s Psychology: Method, Money Management, and Mind.
Obviously, there’s a lot more to trading than can be explained in an hour. However, at the least, attendees should be able walk away with a good grasp of Dave’s approach to the markets and whether or not it is right for you.