About Us
What NOT to expect from TradingZoo
We are not here to sell you more books – how many books have you read in the past?
We are not here to sell you more CD seminars. How many seminars have you listened to in the past?
We are not here to sell you any service dependency. We don’t want to hold on to your monthly subscription. Once you’re a member, you’re a member for life.
We are not here to sell you any ‘proprietary’ indicators that sometimes will work but more often won't.
We are not here to sell you a ‘GURU NEWS LETTER’ where the ‘GURU’ himself doesn’t even apply his own recommendations.
We are not here to sell you on some more seminars that take place on Saturdays and Sundays when the market is closed so that the seminar leaders don’t have to validate their information with real time market data.
We are not going to show you a demo based on past performances that were found to meet our hypotheses.
We are not here to teach you how to read indicators intraday. Trust us when we tell you, professionals in the trading pit do not yell, “Look at the Stochastic, it’s crossing at the 80%- sell 200 contracts! Or the MAC D is diverging- buy 500 contracts! Or the Bollinger bands are contracting, etc…” They are simply looking at price action, nothing more, nothing less. They sell into strength and buy into weakness or go with the flow. Indicators do not work!
We are not here to teach you how to scalp. We have a better use for your money-donate it to the “Save the Children” fund. Scalping is the fastest, surest way to lose money in the futures market. By the time you decide to scalp, we’re already peeling off half of our position to you and moving our stops to break even. Although, we’ll go for profits of one point, from time to time, by no means are we scalpers. That same trade can be also taken as a position trade for a larger profit target.
What to expect from TradingZoo
We are intraday position traders. We look at the market first thing in the morning and look to position ourselves long or short for the rest of the day or until the market tells us otherwise.
We will show you how to devise a business plan. The number one reason why 90% of new businesses fail within the first two years in business is a poor business plan. Most traders don’t even have a business plan. You will learn how to treat this endeavor just like any other conventional business. If you expect trading to produce results, just like any other business, then why don’t you treat it as such? You will write a complete business plan and stick to it!
We will show you how to anticipate the trades in a calm and relaxed manner, rather than impulsively reacting to the market. The ‘Big Guns’ do not react to the market, they move the market and know exactly where to jump in with big size lots, thereby moving price from one point to another. By learning what to look for you will be proactive and, thus, you will be able to anticipate the trade rather than wait for lagging indicators to confirm it.
We will show you an edge and how to ‘work that edge to death.’
We will show you what really moves the market. While you might think technical indicators are a cool way of determining what the market does, they don’t dictate the market moves, but rather react to it, and by default they lag. What really moves the market is supply and demand. If demand is greater than supply then the market will go up, and if supply is greater than demand the market will go down. We know it sounds over simplified, obvious and trite, but it’s the simple truth. Trading done properly is not complicated. Novices make it complicated through false, cumbersome systems and a lack of mental control.
We will show you how to read the tape to determine where the market is off balance and supply is greater than demand or vice versa you will need to learn how to read time and sales correctly. It’s the only ‘indicator’ you will ever need! Learn when sellers or buyers are stepping into the market and capitalize on that. If the market moves higher on light volume and then all of a sudden starts printing a lot of contracts, it means something; you need to know all the tape reading techniques.
We will show you how to simplify trading by learning what to look for. You will learn to concentrate on what’s important and leave the noise alone. Another important factor is to concentrate on the market you trade rather than on multiple markets. While they may sometimes move in tandem, it is not important that you know what the other markets are doing. You are competing against people who are trading your market and not against people who are trading the other markets. For example; if you are the L.A. Lakers playing against the Boston Celtics you will not plan your game-plan based on the division the Boston Celtics are playing in, but rather based on the way the Boston Celtics are playing.
We will show you inside angles to the S&P 500 E-Mini market. Every market has its inside angles based on the professionals trading it. Knowing those angles will give you an advantage over the ‘Sheep Money’ and novice.
We will show you trade management techniques so you’ll know exactly how to place you initial protective stop, where they won’t frequently be touched. You will learn profit taking techniques and how to correctly trail your stop like professionals.
We will show you how to minimize losses. Novice traders concentrate on the profit potential while neglecting the risk factor of the trade. Before you enter a trade, you MUST evaluate the risk at hand, and if it makes sense, you enter the trade, but if it doesn’t, you do nothing. Capital preservation is key. The whole secret to trading successfully is to lose the least amount of money when the trade didn’t workout your way. The profits will be there but you can’t lose sight of what’s at stake.
There are 2 rules in trading
Rule #1; Don’t bust out.
Rule #2; Don’t forget rule #1.
We will show you how to not over trade.
We will show you how to trade without emotion. The number one enemy of a trader (predator) is trading (hunting) with emotion. When you let your emotions dictate your trades, you are susceptible to your own inability to overcome fear. It’s imperative to be mechanical with a set of trading rules to enter, exit or remain flat. We believe that psychology constitutes 90% of trading, and with the right frame of mind you will succeed.
You will learn how to trade with confidence. Confidence is easily tarnished and hardly gained. If you are trusted with the game-winning ball and you don’t trust your ability to make the shot, you will probably miss. If you don’t trust yourself to pick the right trades you will probably pick the wrong ones and get stopped out often.
Learn why traders sabotage themselves and how to stop doing it. If you perceive yourself as a 5 trader out of a 1 to 10 scale, and all of a sudden you start getting results that are in line with an 8 trader, your subconscious will call you to come back to where it feels comfortable. It’s as if you feel comfortable all year round at 70 degrees and all of a sudden the temperature is rising to 80 degrees, you’ll scream, “Turn on the Air Condition!” and bring it back to 70 degrees. The same holds true in our mind. You will learn ways to cope with that very powerful and controlling condition.
We will show you how to develop discipline. Through continuous practice and a rigid implementation of strict rules, discipline will turn into a habit. If you are not disciplined you domed to failure. It’s not a question of if but a question of when. Therefore, discipline should rank as #1 priority.
We will show you how to make money consistently. Proper Risk Control + An Edge + Proper Trade Management + Right Mental Frame of Mind = CONSISTENCY.
