SF Veritas Financial Education Services

Trading professionally as a business is difficult and can be very stressful in the beginning. Don't believe anyone who tells you differently. It is a fact that 90% of all day traders fail. Learning to trade successfully will take time and serious study. It takes most new traders 2 or more years of hard work, study and practice before they become consistently profitable. It is a lonely effort. However, the rewards personal and monetary, are great for the person who perseveres to maturity as a professional trader.

If you feel you are up to the challenge, and that your desire to succeed is strong enough, then the links below are to organizations who can help you get started, and advance in your education to become a successful professional trader. These are organizations that we have in depth knowledge of, participated in successfully, and can recommend with confidence.

One of the beginning hurdles is finding the indicator tool set that is right for you as a trader, and finding out what kind of trader you are according to your personality. That is why there are so many indicators and so many trading methods. Not every tool or method will fit every type of trader. You must find the one that is right for you. Unfortunately there is no magic formula just as there is no holy grail tool when it comes to trading. Your initial investment of time, education and research will be crucial in guaranteeing your future success as a trader. Ultimately you must develop your own successful style, or you will fail.

Two of the greatest mistakes new traders make when considering trading as a business is under-funding and a failure to fully understand and accept the risks of trading. Be leery of trading educators that consistently employ words like anticipate, expect and know. The only sure thing is that no one knows where the market will go once you get your entry signal. It is only a probability that a familiar pattern will repeat itself. Keep this in mind while you research the tools and methods for your trading business.

One of the best decisions you can make in your development is to find yourself a teacher, coach or mentor. This is not so easy a thing to do as it sounds. The waters are infested with sharks, charlatans, con's, and hype. You must do thorough research, spend as much time as possible searching, and be willing to spend some money and time until you find one that helps YOU to PRODUCE THE RESULTS YOU WANT. No one will ever do it for you. Do not become dependent, or work with anyone who makes you dependent. Just focus on what is being taught, and whether or not it is realistic and something you can learn. Beware of indicator vendors that say you can gain 10 points a day blindly following their signals. While this may be possible on an isolated signal, the accumulation of losses that you will incur as you're blindly following signal after signal until that 1 out of 10 "moat" arrives will wipe you out faster than you can blink. Here's a hint. The best day traders trade much less than you think.

To trade with ProTrader Ed send an email to t3traders@gmail.com

In the beginning stick to one instrument, one trade setup, two time frames, two charts, one tool set until you have mastered it; then trading becomes a matter of money management and consistency. Just get to first base ... the home runs will come later.

MY TRADE METHOD AND RULES:

THE GOAL IS TO MAKE MONEY, NOT TO PROVE IF YOU ARE RIGHT OR WRONG.

1 - Take every verified valid signal. BE PATIENT.
These things must be present - Pre Con, signal from support/resist, correct side of MA (wait for pullback if signal from wrong side, then enter from correct side of MA)
Clearly marked Stop or trailing stop marker within risk/reward at last pivot hi/lo.

2 - Trade 3 contacts - 6 Tick Initial Stop.
1 off at 2 ticks
1 off at 3 ticks
1 managed exit using trailing stop @ 6 ticks from price until price moves 2 points, then stop at Pre Con or Stop mark or BE or no more than last trades profits.

3 - Lock in Profit at 2 points or best price if subsequent bar opens Above/Below last bar low/hi.

4 - If price opens Below/Above last bar low then move stop to Entry and trail stop behind each subsequent bar Hi/Lo.

5 - If in big profits or daily goal met, then consider using Trailing Stop Marker for longer targets.

6 - Exit a trade if the Blue(red) precon CCi dot appears at or above the 100 trigger line and price is above last bar hi.

7 - If dot appears below the CCi trigger line, then lock in profits with stop or exit trade.

THERE IS ALWAYS ANOTHER TRADE.

Minimum target on trailer is 2 points.

Daily minimum goal is 2 points per contract or $300.

Always trade from key area.

Re-enter or Add only from tap and rejection from Pre Con using 3 bar reversal patterns or flag pennant patterns.
CAUTION - do not feel the need to add or re-enter.

THERE IS ALWAYS ANOTHER TRADE.
Never trade air.
Never take a trade from within the chop zone.
Use Keltner lines for target markers.

FDAX on Ninja using the BWT's. This is my main number one trading tool set.

@ES using the BWT's.

Feb 7-08 using the BWT's with Range charts, Bollinger bands and MA pair on the Ninja trading platform.

Mamamia! @ES MOAT Feb. 5-08 using the BWT's on the Ninja platform.

@YM 1 trade day Jan. 31-08 using the amazing BWT indicators on a 5 min chart.

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In my development, the tools below helped me at different stages and so I list them for you to consider and test. They are not all the indicators or methods I have or know, but in my opinion, they are ones worth taking a serious look at.

We do not teach how to use any of these indicators or methods, we only use them for our trading. Click on each link to purchase and get the information and education directly from the source.

Your Trading Room using YTR Precision Indicators - A complete traders university. Trade all emini's with confidence after a complete trading education. UseYTR's professionally moderated guided trade rooms , training, mentoring and international traders' community. Trade using the YTR Methodology.

Professionally guided trading. Emini S&P, Dax, Eurostoxx50, and FX. Very high probability trading.

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Bluewave Precision Indicators - in my opinion, this is the best trading tool set besides your brain.

BWT - If you want to get up to speed and into profits while you continue your trading education, this tool set will un-complicate the process for you so you can become disciplined quickly. For the experienced trader, this tool will help put you over the top and help you achieve a very high level of accuracy. In my opinion, this is the best trading tool set besides your brain. For continuing traders education please see Your Trading Room.

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My FESX trading charts.

Recommended Reading:

High Probability Trading - Link
Day Trader - Bernstein
Trading in the Zone - Douglas
Trading as a Business - Wright
Bollinger on Bollinger Bands - Bollinger
Mastering the Trade - Carter
Chart Patterns - Bulkowski

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SF Veritas, LLC makes no investment recommendations and does not provide financial, tax or legal advice. Content and tools are provided for educational and informational purposes only. Any stock, futures or options symbols displayed are for illustrative purposes only and are not intended to portray a recommendation to buy or sell a particular investment. Trading Stocks, Options and Futures, involves risk. All of our trades are paper trades for learning experience only.

In an effort to comply with all applicable rules and regulations please be so kind and read the disclaimer below:

IMPORTANT NOTICE: Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. Nothing in our website shall be deemed a solicitation or an offer to Buy/Sell futures and/or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on our site. Also, the past performance of any trading methodology is not necessarily indicative of future results.

DAYTRADING involves high risks and YOU can LOSE a lot of money. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those talked about in our site.