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CoiledMarkets Spring 2010
Live Online Workshop Event
details here


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Sat Mar 13th, 2010 (25:30 min)
Includes Past Video Editions

 








 





   
...It's often written or said that everything needed to know can be found in books, magazines or on the web. Well, that may be partially true. I can tell you for a fact that some things about charting and trading are not found anywhere in public or print.

   ...The "holy-grail indicator" crowd has it wrong. Buying or selling a market just because one squiggly line crosses another or price and wiggly lines diverge from common direction is not enough information. On its own face, that approach has no profitable edge.

   The "price-only" naked chart crowd has it equally wrong. Buying or selling a market just because higher highs or lower lows have appeared in some form or fashion is not enough information. On its own face, that approach has no profitable edge. 

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PLEASE READ THE FOLLOWING RISK DISCLOSURES
BEFORE ENTERING OUR WEB SITE:

Trading any financial market(s) involves high risk. You can lose a significant amount of money, in some cases more than initial balance of the account. Trading financial markets is not suitable for many investors. Any performance results listed in all marketing materials represents simulated computer results over past historical data, and not the results of an actual account. All opinions expressed anywhere on this website are only opinions of the author. The information contained here was gathered from sources deemed reliable, however, no claim is made as to its accuracy or content. Different testing platforms can produce slightly different results. Our systems are only recommended for well-capitalized and experienced traders.

REQUIRED RISK DISCLOSURE
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.