One advantage a good broker can offer is the benefit of observing many other traders.
Ilan Levy-Mayer of Cannon Trading does exactly that. During a 45 minute presentation, "A Brokers Insight Into Day Trading Mini-Sized Dow Futures," Ilan shares with you what he found out to be the key ingredients for successful day trading of dow futures based on his service and assistance to many different traders over the past seven years.
You will learn about the "life cycle" that can lead into consistent, successful trading starting with education, survival, learning your set ups and getting to the point where you feel confident as a trader. Mistakes that you need to avoid as a beginner trader and as a more advanced trader.
- Simple money management rules and techniques to help you implement these rules.
- Preparing for the trading day
- Using the DMI indicator along with pivot lines for intraday triggers
- How to avoid fighting a trending market
- Filtering out the noise during a choppy session
How it all comes together, examples of successful traders and the techniques they use.