Timeless Dollars – Trading Mastery For Financial Freedom
Original Sales Page: https://timelessdollar.teachable.com/
Trading is perhaps the most valuable skill anyone can learn. The thought of making money by sitting at a computer in the comfort of your own home is a dream come true for most people, and that’s why so many try to master the skill. The truth is, trading is a skill that cannot be mastered, BUT, it can be learned. Here’s a fact: trading is not complicated, but it’s also not simple, and here’s why: there are only 6 trade setups that inform a skilled trader when to enter a trade. Is learning 6 setups difficult? Of course not. But along with the setups is gauging the risk. So a skilled trader will determine if a trade is warranted when he/she recognizes a setup and also by knowing the risk. The risk is a point at which the trade will fail and the trader will close the trade with a small loss. Of course, if prices move away from the failure point, the trade succeeds and the trader reaps his/her profit. Simple!
A skilled trader also knows the daily trading zone – the area of the chart where prices are most likely to trade. This is based on a numerical calculation. The course will cover this vitally important piece of information and explain how to make the calculations. Knowing where the market is likely to trade on any given day is like having a crystal ball and will result in your greatest trading profits.
Finally, there are rules to trading. Rules are intended to keep you safe and preventing small losses from becoming large losses. The course teaches 12 rules, 6 of which are suggested as critical and should be memorized so that they are subconsciously active whenever you are in a trade and concentrating on your chart.
Your Instructor: Marv Eisen
It was 2004 when I was drawn to trading, more due to economic necessity than curiosity. You can learn more about that here. My early years trading were less than stellar, but persistence and a willingness to learn paid off. Beginning as a “seat of the pants” trader, over the years I’ve developed a sense of the market by learning all I could about trading and also by studying market price movement. Overall market direction may be driven by underlying market sentiment, knowledge that may benefit swing traders and investors, but this will not help day traders.
Over my 20 years’ of experience, I’ve consolidated the essence of day trading into just five main components:
- Price Setups
- Stochastics
- Taylor Trading Zone
- Rules
- Psychology
By learning the 6 trade setups (how difficult is it to learn six setups?), one indicator, intraday support and resistance, the Taylor Trading Zone, and a few specific trading rules, a day trader can recognize low-risk opportunities that result in a higher percentage of profitable trades and also reduce the causes of overtrading.
Course Curriculum
Introduction
- Welcome To The Course (9:10)
- The Promise: To End Your Fear of Running Out of Money (7:00)
- Overview of The Course (6:26)
- How To Get The Best Results From This Course (9:16)
- Tradingview Tutorial (18:54)
Never Run Out of Money: Timeless Income Through Trading
- E-Minis: Nuts and Bolts (8:21)
- Guidelines for Successful Trading (18:53)
- Rules: Keeping You Safe (16:58)
The Signals: Candles and Technical Analysis
- Anatomy of a Candle (28:23)
- Take What You Can (9:42)
- #1 Reason Novices Fail
Trade Setups and Pattern Recognition
- Finding Trade Opportunities (16:52)
- Trade Set-ups and Pattern Recognition (96:23)
Avoiding Common Mistakes
- Avoid These 13 Common Mistakes (15:41)
Trading By The Numbers
- Buy Envelopes, Sell Envelopes, & Trading Zones (27:28)
Risk Management & Position Sizing
- The Golden Rule of Trading: Cut Your Losses – Let Your Profits Run (7:23)
- Managing Risk – Position Sizing (17:56)
