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 Tutorial, Lesson: #17
   

Estimated Duration: 1 Day

Notes: This Lesson summarizes the previous lessons.


The Parameters and Market Timing

In the previous lessons you have learned how to identify trading triggers in the Markets, and you have learned how to find trading ideas in the stocks that we follow. You have learned about our strategies and you have learned how to navigate our Website. Soon you will begin to make trades based on what you have learned. However, before you do so, let's review the previous lessons.

Although some of our practices may seem complicated at first, the concepts are very simple: Buy when support levels are tested; short when resistance levels are tested. Protect our trades if Support breaks; protect our trades if resistance breaks. Use the Trading Parameters to guide your decisions to buy, sell, or short.

Our strategy allows us to correlate accurate Market Timing with the same triggers that stem from individual stocks. By finding stocks that correlate with the market when the market is offering us trading signals, we are able to enhance our ability to make profitable trades.

The Parameters that we generate from our Technical Analysis are the foundation for our Market Timing prowess. These Parameters are the basis for our success. Understanding how to read these Parameters is extremely important. Understanding how to use them to guide your trading decisions is equally important. If you do not yet understand how to do so, please review the previous lessons.

Take the time now to review the previous lessons. Re-read sections that may have seemed confusing to you. Take notes so that when you start to trade you can easily review the sections that may have been difficult to understand. Take you time in doing this.

There is no rush!!!

You need to understand the basics before starting to use the system, so please value the time that you spend reviewing these tutorials.

The next step is starting to trade.

 
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