Are You Frustrated with your Trading?

Articles written by Bill McCready to help you trade better.


Here are a number of articles written by Bill McCready that can help you learn how to trade better.

Money Management

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Technically, you could make money with any approach to the market if you had good money management. Limit your risk to 1 point on every trade and take profits at 2 points with a system that is correct only 35% of the time and you will make money. You can even show that with a winning percentage below 50% as long as your expectancy ratio of wins to losses is large enough.

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Support & Resistance

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One of the four key elements in the Futures Trading Secrets Setup routine is the use of Support and Resistance for trading targets. While not always reliable, review this chart and see how many points you could have made from this chart of December 15, 2005. We also use special settings for these levels, including the mid point of major Support and Resistance (1-R).

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Twin Time Frames

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One of the key elements in the Futures Trading Secrets Course is the ability to see multiple time frames. Like a surfer waiting for the perfect wave, you need to get multiple time frames in synch. These coincidences give you an 85% confidence factor in the coming move. Most of these moves are for 4-6 points, especially in a trading range.

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Trend Reversal

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Trend reversals are nearly always indicated by divergences on our proprietary Dual Ergodic system that use the Ergodic as a signal. While trading with the trend is a great idea in theory, it is much more profitable to trade the five point trend reversals shown here.

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Charts Of Our Trades

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Here are a few charts of the trading signals. As you can see the signals are very clear and the profits have a three to one reward to risk factor. The indicators work on any time frame. We use short time frames to minimize draw-down. And we use two time frames to confirm coincidence of signals for stronger signals.

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