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Published byLora Simmons Modified over 9 years ago
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Exclusive Look on New Alerts and My New Method of Trading
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RISK DISCLAIMER Day trading, short term trading, options trading, and futures trading are extremely risky undertakings. They generally are not appropriate for someone with limited capital, little or no trading experience, and/ or a low tolerance for risk. Never execute a trade unless you can afford to and are prepared to lose your entire investment. All trading operations involve serious risks, and you can lose your entire investment. No trades are recommendations or advice and we cannot be sued for losses of capital. All trades are for educational purposes only. Contact your broker or RAI for execution, margin, and other capital requirements. Everyone watching presentation adheres to ALL disclaimers on and
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Web – The Trader The Old and Boring ME:
Buy & Hold investor since I was 8. Triple Bachelor of Science: Computer Science, Theatre, Photography Masters degree in Directing Theatre Produced Off-Broadway in NYC for 5 years. Won an OBIE for “Hand to God” World Premiere After producing Julie Taymor’s “Midsummer…”, I decided to move away from producing and pursue something calmer. So, I turned back to the market. I wanted the BEST Job in the World: To Trade as a PRO In the first 6 months of being an active trader without ANDREW KEENE, I had lost 50% of my account. (about $90k)
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I am Just like Everyone Here today
My Mistakes? Buying High, Selling Low. Trading with my gut. Listening to others and trusting them without understanding their methods or reasons. The Results? I was trading too large – Potential profits blinded me to actual risk. I didn’t know my exits – I didn’t have targets, I got greedy and didn’t sell when I should have. I was riding the “hope-ium” train that it might turn around. -- I didn’t cut when I should have. How did I fix the problem?: I decided that the money was only “lost” if I didn’t learn from having lost it. I joined a KeeneOnTheMarket.com’s trade room so I wasn’t trading alone anymore and that I could get source for new ideas from a community and Andrew and James. I just NEEDED my own technical tools that I understood, that could give me an edge... WITH THEIR HELP AND MY Trading Style: I started my OWN Trading Plan
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The Exclusive Alerts Never Shared Before
I came across Auction Market Theory, using the value area (70% of the volume weighted trading range) from the previous day as a guide for day-trading the /ES. Trading the market profile, etc. But I didn’t just want to trade the /ES… I wanted to know if it could work on other things, and beyond day trading… Weekly? Monthly? Yearly? Other futures? Equities?? In testing these methods, I noticed that /CL was weakening (breaking below yearly value) in September last year. In October I started shorting around 88.…. I stopped at 45. Break below yearly value Late September 2014
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The Exclusive Alerts Never Shared Before
I had found my way towards recovery. My edge. Value Areas across all time frames: The MarketWebs Method worked for day trading every stock, every future. Method worked in choosing whether I wanted to follow Unusual Option Activity. Method worked for analyzing Earnings and deciding direction. Method worked for swing trading equities and futures. The method even worked for other things, Like buying a car……
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Trading Value (not price!) – A Real World Example
Say I want to buy a new car…. I go on TrueCar.com and I get this chart of all the reported sales, So I know what everyone else has bought it for, what the average price is, etc. A) I find a dealer advertising the car brand new for $33.5k – Great! B) I find all dealers advertising the car brand new for $25k – Wait what? What happened to the value of the car? Something’s changed! Do I still want to buy it? Is $25k the right price?? C) I find all dealers advertising the car brand new for $45k – Wait what? Why is it so expensive now? Do I still want it? If I don’t buy it now, will it cost more later??
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Trading Value (not price!) – A Real World Example
By knowing the car’s “value area”, I know: what everyone else bought it for, what’s a good price, what’s a steal, and at what price I’m the sucker at. But also knowing the value area, I can recognize when the price is outside of range and more actively participate in price discovery: Below value: How low can I buy it for? I’ll wait to find out. Above value: How low can I buy it for? How high will the price go? I can’t wait, but the seller can! Value Area Low Point Of Control Value Area High Price Discovery Zone: Best Trade Price Unknown “Do I hear 30…25…20…15…?” Price Discovery Zone: Best Trade Price Unknown “Do I hear 40…45…50…55…?” Buyer Wins Dealer Wins
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Trading Value (not price!)
Value area on stock charts works the same way. Volume is charted on the X Axis and a profile is created. 70% of the profile is the value area. “Do I hear 60…65…70…75…” Discovery (Auction) Zone Buyers In Control, Sellers Step Away Price Value Area High Sellers In Control Point of Control Fairest Price to Do Business Buyers In Control Value Area Low Sellers In Control, Buyers Step Away Time Discovery (Auction) Zone “Do I hear 50…45…40…35…”
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Trading Value (not price!)
The Trading Plan: Participate in Price Discovery (Auction) Zones B – Buy A – Above S – Sell B – Below O – Or W – Wait W - Within I wait for breaks of the value area, I buy on a break above, I short on a break below. And I am cautiously watching/waiting when inside value. Price Volume Time
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The MarketWebs So after months of work, I created the MarketWebs:
I had found my edge, but I needed a tool that did all this FAST: I need to be able to see in seconds strength or weakness – Where are the auction zones? I need automatic Value Areas on All Time Frames – Daily, Weekly, Monthly, Yearly – no input! I need targets for taking profits in a disciplined manner – Where the auction may end. Dynamic Stop Losses for limiting my risk in a disciplined manner. – If the auction ends early. So after months of work, I created the MarketWebs: Value Area Break above value, still bullish. Value Area
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The MarketWebs for ToS: REGULAR PRICE: $999 Over 80% Discount!
Automatically drawn value areas from the previous time frames.: $299 Value Yearly, Monthly, Weekly, and Daily Value Areas Visual and Auditory Buy/sell signals based on your own trading style: conservative, aggressive, caution-to-the-wind. Long/Short targets for day/swing trades AND dynamic stop loss markers! $299 Value Works for ALL Equities and ALL Futures! BONUS: 2 LIVE Mentoring Sessions with Web: $399 Value Learn the BASBOWW trading system on all time frames. Learn the details of how Value trading works and how to read the charts Learn how to read market profile in addition to value area for proficient day-trading. Learn how to read value areas to predict future price movement. Learn how best to use value areas to your advantage for trading on all time frames. REGULAR PRICE: $999 Over 80% Discount! $197 Or Call
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Trading Value Sellers Win Buyers Win
/ES on the 5min: Trading inside of value all day. How can it be traded? Sellers Win Buyers Win
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Trading Value (not price!)
Example: /ES on the Daily: Jan Value Area Dec Feb Break above value, still bullish. Value Area Bullish break above value
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The MarketWebs for ToS: REGULAR PRICE: $999 Over 80% Discount!
Automatically drawn value areas from the previous time frames.: $299 Value Yearly, Monthly, Weekly, and Daily Value Areas Visual and Auditory Buy/sell signals based on your own trading style: conservative, aggressive, caution-to-the-wind. Long/Short targets for day/swing trades AND dynamic stop loss markers! $299 Value Works for ALL Equities and ALL Futures! BONUS: 2 LIVE Mentoring Sessions with Web: $399 Value Learn the BASBOWW trading system on all time frames. Learn the details of how Value trading works and how to read the charts Learn how to read market profile in addition to value area for proficient day-trading. Learn how to read value areas to predict future price movement. Learn how best to use value areas to your advantage for trading on all time frames. REGULAR PRICE: $999 Over 80% Discount! $197 Or Call
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Introduction to Value Area
Trading /CL short using 5min chart and provided targets… $1,200 profits and counting… In ThinkOrSwim add the study to a 5minute chart and use the following settings: Row Height: TICKSIZE Time per Profile: DAY Multiplier: 1 On Expansion: No Then draw lines from the previous day’s value area into the future so that you can reference it for trading the current day.
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Introduction to Value Area
I closed the /CL short position from at 51.12… $1,680 profits… Why? Weekly Value Daily Value Support at bottom of value for the week
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The MarketWebs for ToS: REGULAR PRICE: $999 Over 80% Discount!
Automatically drawn value areas from the previous time frames.: $299 Value Yearly, Monthly, Weekly, and Daily Value Areas Visual and Auditory Buy/sell signals based on your own trading style: conservative, aggressive, caution-to-the-wind. Long/Short targets for day/swing trades AND dynamic stop loss markers! $299 Value Works for ALL Equities and ALL Futures! BONUS: 2 LIVE Mentoring Sessions with Web: $399 Value Learn the BASBOWW trading system on all time frames. Learn the details of how Value trading works and how to read the charts Learn how to read market profile in addition to value area for proficient day-trading. Learn how to read value areas to predict future price movement. Learn how best to use value areas to your advantage for trading on all time frames. REGULAR PRICE: $999 Over 80% Discount! $197 Or Call
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