Secrets of Trading

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How the Open can make or break your day
The signals I use to determine the probable direction within 2 minutes of the open. This technique discloses what I utilize to successfully trade the open. As we all know, starting off with a winning trade at the beginning of the day gives you a confidence level that can help propel you to a very successful trading day. It all starts with the first trade of the day, and this method will show you how I get on the right side of the market minutes after the open!

The Open is actually one of the best times of day to trade if you know the "Secret". Markets open in one of three ways:

Balanced
If the market opens in balance many Traders will stand aside looking for opportunities a little later in the trading session. This is also the type of open many successful off- the- floor traders tend to stay away from also. This sort of open causes nothing but trouble for the average trader who tends to chase trends that may never materialize. The Secrets of an Electronic Futures Trader course teaches you how to identify this type of open immediately. This information has saved me many thousands of dollars or more in unnecessary losses.


Out of balance to the upside
If the market opens out of balance to the upside, traders will look for a way to buy the market as soon as possible. This is the sort of day where real money can be made. The Secrets of an Electronic Futures Trader course teaches you how to identify this type of day within minutes of the open, as well as giving you a precise method for entering and exiting.


Out of balance to the downside
If the market opens out of balance to the downside Floor traders will look for a way to sell the market as soon as possible. The Secrets of an Electronic Futures Trader course will also give you the precise entry and stop points. Within 2 minutes of the open you will now be able to trade with the same "edge" I've been using for years!

The first part of the trading manual covers all of the details of this exciting strategy including exact entry techniques, stop placement and trade management.

If you are part of our mentoring program your trading instructor will take as much time as necessary to insure that you completely understand all of the steps necessary to quickly and confidently identify the different types of opens and how to profit from them. Call now at 888-755-3846 for detailed information.

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How to determine where the "real" support and resistance is everyday

Understanding support and resistance levels is an extremely important skill in any market, and it's absolutely critical if you plan on trading the S&P and Nasdaq E-Mini markets. Professional Floor Traders are aware of an entire range of major and minor support and resistance levels before the market opens each day. They also know how to calculate new levels as the trading day progresses. Knowing where the market may turn gives you an effective road map to guide you through the day.

Most traders calculate support and resistance levels incorrectly, and to make their job even harder, they generally don't know how to trade around them. Many traders will use an old high or an old low and assume they've found support or resistance. That just doesn't work. Think about it for a moment. If the market always stopped at old highs we could never have an up trending market, and if the market always stopped at old lows we couldn't have a down trending market.

The Secrets of an Electronic Futures Trader training course provides you with all of the information you need to correctly calculate support and resistance levels before the open each day. To make your trading even easier, we also have a daily e-mail service which provides what we believe are all of the important price levels each day before the market opens. (Highly recommended for both novice and experienced traders) These are the same numbers I and many other floor traders utilize each morning. Can you imagine the "edge" this information gives you over the average trader?

Let's face it; we all want to catch the big trending days, days when the S&P moves 15 or 20 points without looking back. Unfortunately those big trending days just don't happen that often. Most days the market doesn't trend very much in either direction, instead it will move between known support and resistance levels.

Knowing the location of these price levels is important, but knowing how to trade around them can be the difference between success and failure.

The Secrets of an Electronic Futures Trader course teaches you specific entry and exit techniques, including stop loss points and money management rules to help make your day as profitable as possible. There is even one technique that can help tell you what size profits you should be looking for. I know with a fair degree of certainty whether I should be looking for a 2 to 3 point profit, or if the odds favor 8 to 10 points! Do you know how much to look for? With The Secrets of an Electronic Futures Trader course you can level the playing field.
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One simple technique I've used to pick intraday market direction with an amazing 80% accuracy

Would you like to know if a particular trade has an 80% probability of working? Would you like to know exactly where to enter that trade, and where to exit? Would you like to trade this technique with a 2 point stop loss or less?

Using just two key numbers each day, Floor traders and other professionals can try to pick the direction, entry price, stop loss and target price of a particular trade. It doesn't matter if the market is going up or down, this simple to learn method has a historical accuracy of 80%. In fact it's called the 80% Rule !

Each morning you will know what those two key numbers are. Then, if the set up is correct, simply enter the trade, set your stops, set your target price and sit back knowing the trade has an 80% expectancy of hitting the target. What could be easier?

The Secrets of an Electronic Futures Trader course spells it all out in complete detail. Everything you need to capitalize on one of my favorite secret trades. By the way people are usually amazed at how this one works!
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Would you like to learn a simple technique to determine whether or not the market is really trending? How many times have you been fooled by your Stochastics or RSI indicators? How many times have you sold because your oscillators were screaming overbought. then watched the market dip a little and then continue higher, stopping you out for another loss?

Guess who bought the dip? That's right, the Floor traders and other in- the- know professionals. You see if a market is really trending there will always be reactions against the prevailing trend. Those are the signals Floor traders love. They know the public will fall for the "fade" nearly every time.

The Secrets of an Electronic Futures Trader course provides you with all of the state of the art techniques used to determine the "real" trend. It also provides you with the exact methods used to buy those dips, or sell the pops in a down trending market. And, best of all this powerful method can be traded in two ways. Using another method outlined in the course, you can follow the trend for a "homerun", or combine this method with Secret # 2, which gives precise support and resistance levels. Now you can confidently buy support and sell resistance, all in the direction of the prevailing trend. It just doesn't get any better than that!

If you choose one of our mentoring programs your trading instructor will help you determine which exit method might be most sensible for your style of trading and account size. They'll also spend as much time as necessary making sure you thoroughly understand this powerful "secret". Call for more information at 888-755-3846


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This is an amazingly simple chart pattern that I and many other professional traders have used to try to determine accurate tops and bottoms.

When I started trading on the floor I noticed a lot of floor traders checking their alphanumeric pagers or "beepers" numerous times throughout the day. At first I thought they had other business or personal interests that were trying to contact them. Then I noticed these "beepers" seemed to be going off at the same times through the day. I did some checking and found there are services that issue a "page" whenever a specific chart pattern appears. That pattern often identifies turning points in the market. After doing the homework I found this simple pattern would be easy for the electronic trader to spot and, best of all, the off- the- floor electronic trader would see the pattern before the floor traders beepers went off.

The Secrets of an Electronic Futures Trader course contains all of the latest information regarding this exciting chart pattern. There are even two ways to trade the pattern, an aggressive approach and a conservative approach. The course teaches you how to quickly calculate the exact entry and stop loss price for either approach.

Now you can get the "edge" even before the Floor does.

If you are part of one of our mentoring programs your instructor will take as much time as necessary to make sure you thoroughly understand all of the rules. They will also advise you as to whether you should trade the aggressive or conservative approach based on your risk tolerance, account size and personal preferences. Call us at 888-755-3846 for complete details.
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An extremely easy method Floor Traders and other professionals use to really load the bases.

There is a simple technique many successful traders use to determine whether the odds favor trading a larger position than normal. Let's face it, if you're going to trade more contracts than normal (increasing your risk), you need a good reason, and this is it. The rules are so simple it's hard to describe without giving it away in one sentence. Let's just say it has to do with the normal expansion and contraction of the markets.

The Secrets of an Electronic Futures Trader course gives you all you need to know to take advantage of this special "secret". When you read about this little gem you're going to kick yourself for not thinking of it yourself.


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Setting and accomplishing realistic goals

We've all heard of the famous commodity "guru" who turned $10,000 into over $1,000,000 in one year. It's absolutely true! He did it, and the account statements are there to prove it, but do you really believe you can do it? You've also probably seen numerous ads and websites which claim phenomenal returns with minimal work.

You know the kinds of ads I'm talking about, " 87 winning trades out the last 90", or how about, "fed up Insider tells how he averages $5,000 per day from his mountain top retreat while spending quality time with his family and pets".

I believe promotional material like this does a lot of damage to the average trader. After reading enough of these things it becomes easy to believe, (maybe not consciously), that these sorts of returns are normal, or even worse, expected, not the exceptions or hype that they really are. Because traders want to believe these kinds of returns are not only possible, but also expected, they usually end up making poor trading decisions chasing the dream. Trading with unrealistic goals, or no goal other then "to make a lot of money" is a sure fire way to go broke, and quickly.

The Secrets of an Electronic Futures Trader course, and in particular our mentoring programs, can help teach you how to set realistic and attainable goals based on your experience, account size and risk tolerance. Don't underestimate the importance of realistic goal setting; it really is the difference between success and failure.

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Mental sabotage
We've all heard that 80% or more of all traders ultimately fail. Have you ever wondered why? When asked, most failed traders will tell you it was the system or method they were using. They'll also tell you they had a few bad trades they couldn't recover from, or their dog chewed through the telephone cord just as their computer crashed and they couldn't get out of a losing trade. Everyone has a different reason, but when you hear enough of them, a pattern begins to develop. I believe most traders fail because they sabotage themselves.

You see the markets work very differently than most other things in life. There is more freedom in this business than probably any other business in the world. You can do what you want, whenever you want to do it. You can trade 1 contract or 5, buy the market or sell it, it's up to you. The only thing that holds you back is running out of money. Most people are just not accustomed to that much freedom.

Trading the markets is also much different than most things we normally do. In everyday life we exercise some control over our environment. If the room is too dark we turn the light switch on. If we want to go somewhere we jump in the car and turn the key. In trading you can't control what the market does. No matter how much you want the market to go in a certain direction; there is absolutely nothing you can do to force that to happen. You can't turn a key or flip a switch. Hoping, pleading, negotiating, screaming, --- nothing will make the market do what you want. So, if you can't control the market, the only thing you can control is yourself. Successful traders all understand and embrace this concept. Unsuccessful traders continue to try to make the market conform to their wishes.

The Emotion Free Trading element of the course has 3 sections. The first section is called, "Skills You Do Need", and is made up of all of the skills I believe you must have to be a successful trader. The second section is called, "Skills You Don't Need". Some of the chapter titles are, "Revenge Trading", "Fear, Anger And Greed", and "Wishing, Hoping And Praying". You'll love this section! I bet many of you could have written some of this from past experiences. The third section is called, "How To Improve Yourself", and is the most important of the three sections. It includes numerous step-by-step exercises to teach you how to act in your own best self-interest, and really deal with the emotional side of trading. Without these methods I would not have been a successful trader!

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Over the years I have met hundreds and hundreds of traders. Most of them focus so hard on finding the perfect technical method or mechanical trading system they fail to realize that the perfect system is less than half the battle.

I believe successful traders need a combination of solid technical methods coupled with the proper mental discipline. I also believe it's difficult for some people to implement these tools by just reading about them. They need a real teacher, a mentor who's really "been there and done that" someone who has made many of the same mistakes they have and survived to trade another day.

Larry has been at the Chicago Mercantile Exchange for more than 17 years. Over the last several years, he's traded between 2500-5000 contracts daily at the Exchange. Our staff of trading instructors has an average of 10 years of trading experience. They're specialists who thoroughly understand all of The Secrets of an Electronic Futures Trader methods, but more importantly, they're dedicated to helping you become the trader you know you can be.