We're calling this a bootcamp because we will be spending roughly 12 hours over 2 weeks discussing what we know to be true about price action and #TheStrat principles. This intensive program is designed to deeply immerse participants in the strategies and techniques that have proven to be effective for many traders.
Trading is difficult. There are no two ways about it. It cannot be pitched as a 'get rich quick' scheme because there is no such thing.
Proverbs 13:11 states, "Wealth from get-rich-quick schemes quickly disappears; wealth from hard work grows over time."
We believe our approach is based on fundamental principles that apply to all asset classes. Understanding them will improve your ability to stay on the right side of trades. As with learning any new skill, patience, practice, and discipline are the keystones to success. Do not expect to make money overnight. Those who are constitutionally incapable of controlling their emotions or following a strict set of rules are likely to fail.
We must approach the stock market like a data scientist. A data scientist only comes to conclusions that are backed by evidence known to be true.
Similarly, we use #TheStrat's 3 Universal Truths as our tools to gather evidence about what we know to be true about current price action.
These are the three universal truths when trading markets.
Using 4 major timeframes we can identify the more aggressive participation group by price and time. If all 4 major timeframes are green, the buyer is more aggressive. If all 4 major timeframes are red, the seller is more aggressive. This is how we gauge which participation group is in control at any given time.
The broadening formation is how we gauge magnitude or where price is going. Given we know the scenario 3 occurs we understand that price trades in a series of higher highs and lower lows in a broadening range. Contrary to traditional trading knowledge, the broadening formation occurs constantly on every timeframe.
Current STAT Premium members will be extended 1 free month on a current subscription. New members will have 1 free month automatically applied at checkout.
Pre-order for the next session coming soon!