Rapid Trend Gainer Indicator Download Rapid Trend Gainer | Page 5

Overview We will cover two different but close areas that all successful traders have mastered: Section 1 – Trends • The “buy and hold” strategy is dead today. Do market trends exist? • The common approach in all trend following systems • True story: a simple trading system that made a fortune for one famous trader and his investors • One “trick” that will make the difference between losing (or breaking- even) and winning • The common mistake: seemingly “strong uptrend” is followed by a hard fall • How to identify the real trend using pure price action • Which trend is more reliable and how to compute the trend reliability • Another common mistake: Stop Loss not reflecting the current market volatility • Which markets to avoid and how reliable trends increase success rate Section 2 – Patterns • The guidelines to drawing good trend lines. Breaking through a strong trend line results in a massive and profitable move. • Several examples of good and bad trend lines and the common mistakes • “Time bombs” constructed by trend lines • The definite strategy to enter an order, place your Stop Loss and taking a profit • Using the “Projection Method” to determine the “Take Profit” Point • Intelligent software that can recognize strong trend lines and chart patterns 5