Macro Ops – Price Action Masterclass
Download Macro Ops – Price Action Masterclass on Avaicourse.com
This course is available immediately. Please contact us at [email protected] with the best service for more detailed advice.
Description:
Becoming successful in trading and investing is not an easy journey.
It’s a rough road — one filled with more twists, turns, potholes, and dead-ends than you can count.
Each leg of the journey has it’s own pitfalls, whether it be learning to read financial statements, sizing your positions correctly, risk management, emotional control, or even building up your capital in the first place.
But the most treacherous portion of the rough road is also the one that seems the simplest — technical analysis.
The story usually starts the same… a brand new investor (we’ll call him Bob) gets drawn into the markets after hearing stories of all of his friends getting rich.
“Yea man, I just bought this new stock indicator that never fails! I’m telling you… this is BIG LEAGUE. I made 200% on my last trade. The way this is going, my wife is about to get that new Lexus real soon!”
Now Bob doesn’t like his wife enough to get her a new Lexus (he’s sick of her nagging), but he’s not opposed to getting one for himself. So he jumps on the web that night to figure out this whole stock trading thing.
A simple Google search brings up a few different results.
One set of links takes him to some complicated definitions on Investopedia relating to things like fundamental analysis and even something wayyy out there called macro (hehe).
Looks tough. Bob sets those options aside for the time being.
The second set of links brings him to some flashing pictures with pretty colored lines drawn all over them. And right next to all the action are clear promises of riches with “just 3 simple steps!”
Well damn, this decision is pretty clear for Bob. He’s gonna go with the action-packed, fun and easy way to supreme riches. He’s gonna go with this magic bullet called technical analysis!
You can probably predict how the story goes from here…
Bob jumps straight into the deep end using “technical analysis” to grab his share of the market pie.
But to his surprise, the first technical indicator he tries doesn’t work. Bob ends up losing money.
No problem though! It must have just been a bad indicator.
This time Bob decides to play it smarter, and instead of just using any old indicator, he buys an entire technical system. There’s a ton of these systems on the web from various experts that have clearly made millions. These systems must work.
Bob then proceeds to pony up 3 grand for his shiny new BIG LEAGUE technical system. 3 grand is nothing in the BIG scheme of things. Especially for soon-to-be-millionaire Bob.
He ends up losing money yet again.
Now after feeling more than a little bit stressed by his continual failure, Bob tries to combine his old indicator with this new system, and throw the Frankenstein creation into a pot with a new signal generator he found yesterday. Pretty soon he has a complex army of indicators being deployed at once in an effort to find the magic combination that will unlock the market safe.
The result?
More losses.
The cycle continues until Bob is thoroughly beaten and bloody. He’s lost thousands upon thousands of dollars. He’s depressed and distraught. At this point, even his wife starts looking good again… because honestly anything is better than this inhumane cruelty called technical analysis!
This is where most traders give up. At this point they’re ready to throw it all away.
“Screw technical analysis! It’s a sham pushed by snake-oil marketers that’s made to lose money. To hell with it!”
We’ve been there.
We’ve dealt with the countless losses that come with the “easy way out” strategy so many of today’s technical analysis systems and indicators claim to provide.
This is why technical analysis is often the most dangerous part of the trading and investing rough road. Everyone and their mother tries to make it seem so simple, when in reality, it’s not!
Not at first anyway…
Bob made the same mistake every new trader does. He went searching for the “Holy Grail”.
He thought he could find the one indicator or signal that would completely change the game. He was looking for a special key to unlock the market’s riches.
This search led to him to combine this indicator, with that signal, with this other special something called a “whammy” line, into nothing more than a complex pile of crap.
Of course this only meant more losses…
There’s no such thing as a Holy Grail in the markets. It doesn’t exist. Chasing it will only lead to failure through complexity. Don’t be a Bob.
As we said, this is where many would-be traders drop off. But if you stand your ground, there’s potential you can reach the other side.
And on the other side of this complexity that was constructed through failed after failed attempt at “technical analysis” is something familiar… simplicity.
Simplicity is the reason you started with technical analysis in the first place. It’s the reason price action caught your eye!
Mastering technical analysis/price action, and we mean truly mastering it, is no different than mastering an
Forex Trading – Foreign Exchange Course
Want to learn about Forex?
Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
More Course: FOREX TRADING
Outstanding Course:Linda Raschke – Trading Techniques 2008 – One Day
Course Features
- Lectures 0
- Quizzes 0
- Duration 50 hours
- Skill level All levels
- Language English
- Students 0
- Assessments Yes