Top Dog Trading

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TOP DOG TRADING’S HIGHLY CLASSIFIED, SUPER SECRET, HIGHLY CONFIDENTIAL …

“TOP 20 DAY TRADING RULES FOR SUCCESS.”

Happy New Year to everyone. I’m very excited for 2010 and want to start out the New Year by giving you a gift.

I created a one-hour training program that I was going to charge a few dollars for, but I decided to start the New Year by showing my appreciation to you – my students, subscribers and readers. So here it is for free!

It includes a .pdf document you can download which outlines the training.

Please refer to that outline as you watch the 3 videos that come with it.

You can access the program on my “Podcasts” link above (or just click that link).

Enjoy … and after viewing it, leave a comment at the bottom of that page with your response.

Regardless of your trend trading time frame, whether you’re a day trader, do swing trading, or even investing, the classic definition of an up trend is:

Higher Highs and Higher Lows.

The classic definition of a down trend is:

Lower Highs and Lower Lows.

Every day trader knows this to be true … except for one thing: IT DOESN’T WORK!

There are several problems with this trend trading approach which I address in this video. I’ll also show you how I address these problems in my own trading.

However keep in mind that no matter how you measure trend, it’s only one “energy” on the chart. And I don’t care what indicator or chart pattern you use – one energy is not reliable enough to trade reliably (even if that energy is the venerable trend).

Personally, I won’t put my money at risk without getting the odds on my side with FIVE energies! To learn how I do that, you can view a recording of a 1 hour webinar I did here: The 5-Energies Webinar.

But first, enjoy this brief video on how to do trend trading.

After you watch the video, please leave your comments below.

All good things must come to an end, and this is the last in our series of 5 articles on Floor Traders and what they have to teach us about emini day trading, buying stocks or Forex and trading in general.

The original reason for creating this series was that I received a lot of emails from readers asking me to teach more about how the floor traders are screwing them over, and how they could ever compete with that elite group.

My hope is that while I personally hold pit traders in high esteem (it’s a tough job as I think you can see now), they are not necessarily smarter or better than you, and many of the advantages they used to enjoy are fading away … like the pits themselves.

So respect them, but don’t be intimidated by them … and certainly don’t blame your lack of trading success on them.

Rather than posting another video, I’m going to use this final post in the series to refer you back to a blog article I made back on April 15 of 2007 about my first visit to the CME (Chicago Mercantile Exchange).

I received a lot of great feedback on that post and it’s still one of my old articles that remains firmly in my memory even 2 years later.

The title of this post was simply “ME” and you can read it here:
http://www.topdogtrading.com/?p=18

… and if you are disappointed I didn’t post a video this time, here’s a video of actor Robert Downey Jr. visiting the floor of the NYMEX. At the end of the visit he gives his candid impressions of the experience. I’m just putting a link here rather than embedding the video because (be warned) there is some very, VERY colorful language!

If interested, you can check it out the video here:
http://www.youtube.com/watch?v=Dtc58sTsTpE

Please leave your comments below.

An important part of stock market research, whether you’re day trading Dow futures or you’re buying stocks, is to have at least a rudimentary understanding of how transactions are done at the stock market exchanges.

In the first 3 parts of this series of articles on floor traders we looked at the futures and commodities markets. In today’s video you get a tour of the New York Stock Exchange.

Enjoy and please post your comments below.