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  1. Z

    25 Rules of Trading Discipline

    Everyone starts at zero when they turn on their screens in the morning.
  2. Z

    The 3-2-1 Approach: A Simplified Method for Trading Any Market

    We've tried to create a rule based methodolgy that is easy to understand and easy to execute once you undertstand basic tenets of Marlet Profile: 3-2-1 = 3 Rules, 2 Formations and 1 Indicator 3 Rules: High Volume areas are support or resistance the first time touched. If not rejected...
  3. Z

    The 3-2-1 Approach: A Simplified Method for Trading Any Market

    I don't know how to be more concise: 1. Buying the bottom of a 'p' formation is a high probability trade 2. Selling the top of a 'b' formation is a high probability trade. 3. Going with the direction of a MOM is a high probability trade. I can't put an exact number on it because I...
  4. Z

    The 3-2-1 Approach: A Simplified Method for Trading Any Market

    Finding proper trade location via Market Profile, volume analysis, or deceleration has little to do with "win %". Good analyis and software will keep you out of lower probability trades too. We don't reccommend "buy" or "sell' NOW at specific prices. As I've said before: there is no black...
  5. Z

    The 3-2-1 Approach: A Simplified Method for Trading Any Market

    Absolutely was a mistake. We will never reccommend another educator.
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    The 3-2-1 Approach: A Simplified Method for Trading Any Market

    For all those interested in experiencing the real time analysis and interpretation of market data we offer ten days in the room for free. Please go to www.trademaven.com and click on the TM Inside Edge link where you can sign up for the free room access. Charlie monitors the room from 7:00...
  7. Z

    The 3-2-1 Approach: A Simplified Method for Trading Any Market

    To be clear: Charlie Cochran's Market Commentary, Analysis and Reccomendations for the NEXT days session are posted in the iiedge.com "Market Edge" page for subscribers. He typically posts the analysis at 4:30 p.m. Central Time. The charts that you see in this Forum are the actual charts...
  8. Z

    25 Rules of Trading Discipline

    Please be assured that I am not Mr. Marketz nor do I have any other aliases. Perhaps there is a way for an Elite Traders administrator to confirm this. Let's be clear: I am a Managing Partner in TradeMaven Group, LLC. TradeMaven Group offers trader education, trading software, electronic...
  9. Z

    25 Rules of Trading Discipline

    Getting back to Rule #9: Earn the right to trade bigger I believe that if you follow this rule and have a set performance goal to enable you to increase your trade size then you will become a more profitable trader while (Rule #3) reducing your exposure to a potential disastrous day. The...
  10. Z

    The 3-2-1 Approach: A Simplified Method for Trading Any Market

    30-Year, 10-Year and 5-Year have a psotive correlation 90% of the time. The yiel curve will flatten or steepen but the correlation is still positive. There are times when the yield curve is inverted and the postive correlation turns negative. Scaling in and out of postions works well for...
  11. Z

    25 Rules of Trading Discipline

    Markets whose participants are 50% Hedgers (producers and users) are easier to trade. They are more consistent and predictable than markets whose participants are primarilly speculators (like the equity indexes). Support and resistance levels (high volume and low volume numbers) typically...
  12. Z

    25 Rules of Trading Discipline

    Fixed expenses will stay the same. Variable expenses, like commissions and exchange fees, will go up with an increase in volume. Assuming $5.00 in commissions and fees per round turn one could expect to incur an additional $12,000+ in variable expenses. On $300,000 in gross income I would...
  13. Z

    The 3-2-1 Approach: A Simplified Method for Trading Any Market

    Market Profile, Auction Market Theory and our approach to volume analysis works equally as well in the 10-Year as the 30-Year. Both markets have a high degree of hedgers. Although most of the time the ES and the 30-Year have an inverse correlation I don't make a trade in the 30-Year based on...
  14. Z

    The 3-2-1 Approach: A Simplified Method for Trading Any Market

    The advantage for me is the 30-Year is more volatile than the 10-Year. The farther out on the yield curve you go then the more volatile the trade. Volatility equals opportunity. On most days the trading range in the 30-Year is twice the range of the 10-Year and the 10-Year is twice the range...
  15. Z

    25 Rules of Trading Discipline

    Enclosed please find my 25 Rules of Trading Discipline. I encourage you to read through them on a daily basis. Ofcourse if you don't feel that you need any discipline reminders from time to time then you can discard them. I'll try to answer your questions in a timely manner, however, please...
  16. Z

    25 Rules of Trading Discipline

    The answer to my question is zero. There are no successful one lot traders (at least that I'm aware of). Trading a one lot is like training wheels for a toddler learning how to ride a bike. It provides one with a certain confidence level that one can achieve the next desired level. Let's...
  17. Z

    25 Rules of Trading Discipline

    A few years ago I wrote an article for SFO Magazine titled, "The 25 Point Mantra - Discipline for Day Trading" Rule #9: Earn the Right to Trade Bigger: "Too many traders think that because they have $25,000 equity in their trading account that they somehow have the right to trade five or...
  18. Z

    The 3-2-1 Approach: A Simplified Method for Trading Any Market

    The free Tuesday webinars, 4 hour paid Friday webinars and the ongoing admittance to the daily education room are all a necessity. A student could not learn the functionality of the software, understand the complexities of an auction market and execute (manage) trade location without the...
  19. Z

    The 3-2-1 Approach: A Simplified Method for Trading Any Market

    The answer is yes, every buyer rquires a seller and every seller requires a buyer. However what you're missing is the agressiveness of a buyer or seller vs. the passive buyer or seller. If I want to sell 1000 Bond Futures at the market then it could take me 4 tics to do it. In other words...
  20. Z

    The 3-2-1 Approach: A Simplified Method for Trading Any Market

    The fact is, there is no such thing as 'get rich trading software'. There is good trading software and bad trading software but no get rich software. As someone correctly pointed out, if I had get rich software I: 1. would not share it with anyone else and 2. would have retired long ago...
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