This system trading course is designed to do one thing: let you learn the techniques and psychology needed to make potential millions in all markets across the globe. Our system trading course will help every investor or trader regardless of their background, home country, or net worth. It is for those with no experience and for those with lots of experience. If you want a unique educational offering that teaches the techniques and psychology of the greatest traders of our time, shows how they make their decisions to buy and sell with confidence, shows how they control risk and use it to their advantage to make millions, then this is a system trading course for you. We have researched and assembled some of the most profitable, unique and proprietary trading systems and rules in existence that every trader or investor can apply to their portfolio to try and make above average returns.
What are the lessons (and materials) you will learn from and use to help make above average returns?
FEATURE 1: Trend Following Trading Systems Manual (229 pages) Includes Multiple Trading Systems
The 5 critical questions are answered with step by step rules:
- What market do you buy or sell at any time?
- How much of a market do you buy or sell at any time?
- When do you buy or sell a market?
- When do you get out of a losing position?
- When do you get out of a winning position?
Additionally, the following questions are answered in our Classic System and Trend Trading Course:
- How to enter and exit and why.
- How exiting is as important as your entry.
- How to place stops for each and every position.
- How to adjust stops when trades are winners.
- How to adjust stops when trades are losers.
- How to handle all liquidation and exit strategies.
- How to take a loss to avoid a larger loss.
- Win/loss ratios and explanations of system expectancy.
- Long-term vs. short-term strategies.
- Which technical indicators are useless?
- Learn when to trade in a formulaic way.
- How to trade both long and short positions.
- How to balance long and short positions.
- How to adjust trades for accumulated new profits.
- How much to buy or sell at any time for any market.
- Why money management is absolutely crucial to success.
- Determine your bet size and risk/reward ratios.
- How to account for volatility.
- Understand percent accuracy issues with proper trading.
- How to adjust your portfolio during a winning streak.
- How to adjust your portfolio during a losing streak.
- How to normalize volatility across your system.
- How to maintain constant risk as your money grows.
- How to take profits (or not).
- Profit targets. Pro or con? What do the pros do?
- How to protect against extreme downside moves.
- How to use risk management to ensure no blowouts.
Orders can be placed before the market opens and do not need hourly monitoring. Most top traders don't actually spend the whole day trading. They manage their trades in 10 to 60 minutes per day. Richard Donchian offered these words of advice: "If you trade on a definite trend-following loss limiting-method, you can [trade] without taking a great deal of time from your regular business day. Since action is taken only when certain evidence is registered, you can spend a minute or two per [market] in the evening checking up on whether action-taking evidence is apparent, and then in one telephone call in the morning place or change any orders in accord with what is indicated. [Furthermore] a definite method, which at all times includes precise criteria for closing out one's losing trades promptly, avoids...emotionally unnerving indecision." Complete Donchian trading system is covered. All rules disclosed.
Who are some of the top traders/investors bestselling author Michael Covel has either interviewed or spent time with in person to create this offering? Who are the people who have influenced the curriculum we teach to all of our clients? Boone Pickens, Bill Miller, David Harding, Salem Abraham, Larry Hite, Ed Seykota, John W. Henry, Harry Markowitz, Michael Mauboussin, Kevin Bruce, Toby Crabel, Jerry Parker, Eric Bolling, Jon Sundt + many other top traders have spent time with Michael Covel. This list doesn't mean we promise you their exact techniques, no one can, but we do aim to teach the lessons of their success.
FEATURE 2: Online Self-Testing System: 300 Interactive Questions
Every client is provided access to our online self-testing facility (300 questions covering Trend Following, Systems Trading, Money Management and Order Placement Techniques). Topic self-tests use both true/false questions and multiple choice. Clients may access the correct answers after they complete testing. Example screen-shots of our online testing system:
FEATURE 3: Trading Resource CDROM
Our resources CDROM has numerous resources key to learning trend trading:
- Money Management Practice Guide
- Correlation Studies of Historical Market Data
- EXCEL Trading Spreadsheets: We also include sample EXCEL sheets covering various piece of trend following trading. Sampling of the core issues covered in 20+ separate examples.
- Order Placement Tutorial
FEATURE 4: LEAPS® Options & Single Stock Futures Manual
The LEAPS® Options & Single Stock Futures Trading Module has three core components:
- The LEAPS® Trading Module for Equity Options: LEAPS® module with all examples and instructions is delivered via hard copy manual.
- The Single Stock Futures Trading Module for Single Stock Futures: Single Stock Futures module with all examples and instructions is delivered via hard copy manual.
- Stock Data CDROM: CDROM of historical price data includes end of day data on all stocks that have LEAPS® and end of day data on all indexes that have LEAPS®. It covers the complete history of the stock and or index.
FEATURE 5: Money Management Practice Guide
Money Management is a core component of our Classic System and Trend Trading Course. Traders who do not use money management system risk failure. Our package teaches specific money management techniques and provides examples on how to implement the material:
- Walk through a 100-day period of all trading decisions taken.
- How much to trade at any give time.
- When to increase your position.
- How much can you risk.
- How to evaluate total market risk.
- How to diversify your account.
- How to avoid over exposure among markets or market sectors.
The Money Management Guide is delivered on our resources CDROM. The Money Management guide is 216 pages.
FEATURE 6: Audio CDROM Set (with $1299 course only)
We have designed a 6-CDROM set that teaches the major components of our Classic System and Trend Trading Course.
CDROM 1: Trend trading for beginners. This 45-minute CDROM introduces the basics of Trend Following Trading Systems from its underlying philosophy to the main elements you need to trade for big money opportunities. Structured in FAQ format, this CD covers such questions as:
- How do I get started in this course as a beginner?
- Do markets change?
- What is a breakout?
- How do you log trades?
- How do you know when you are ready to begin trading?
- What are Holy Grails?
- What does follow the price mean?
- Where can I learn about trading commodities?
- Will Trend Following ever lose its effectiveness?
- How important is money management?
CDROMs 2 & 3: The Story Behind Trend Following Trading Systems. These 2 CDROMs (110 minutes total) lift the veil on the great traders, explaining who they are and how they trade. We use historical facts, anecdotes, quotes from biographies, analysis and actual audio clips from seminars. It covers topics such as:
- Get Evenitis - Ace Greenberg on Investors in Mutual Funds.
- Aya Rand's famous excerpt on money from Atlas Shrugged.
- The wisdom of Bill Dunn, billionaire trend follower.
- The Babe Ruth Effect.
- Tom Basso on Market Timing.
- John W. Henry, owner of the Boston Red Sox and one of the greatest trend followers, defining uncertainty and simplicity.
- Meet Richard Donchian, the Father of Trend Following.
- Emotions and Decision-making.
- CNBC analysis and Enron's fake trading floor.
- Losers average losers and Paul Tutor Jones.
- Trend Following for Global Markets.
- What Investors Do Wrong.
- General George Patton on trading.
- Execute!
- Stress.
- The Bet - Dennis versus Eckhardt.
CDROMs 4 & 5: Getting Started with Trend Following Trading Systems. These 2 CDROMs (103 minutes total) take a practical "nuts and bolts" approach to applying the rules of Trend Following systems trading. The CDROMs cover many of the questions you might have. These include topics such as:
- Do you need news and price screens to trade?
- Bet-sizing.
- How many contracts do you trade?
- Adding to a position.
- Performance Fees.
- Heat.
- Technical Indicators.
- Risk Aversion.
- Loss-gain.
- Long or Short.
- Software.
- Price Indicators.
- Learning from Losses.
- Trending Silver Example.
CDROM 6: Trading the Trend Following Trading Systems Way. This 90-Minute CDROM overviews how to apply Trend Following Trading Systems. Topics include:
- Exit Signals.
- Trading Currencies.
- Why Choose High Volatility Trading.
- Time Stops.
- The Long Short Balance Rule.
- How much should you risk?
- The Average True Range.
- Short selling versus Put Options.
- How a Stop Loss indicates Exiting.
- Knowing when to Switch Markets.
- Reducing and Increasing Unit Size.
- Risk versus Volatility.
Our CDROMs can be played on a PC, car stereo, portable player, etc. You can listen to samples of our audio quality here.
FEATURE 7: DVD Video
This instructional DVD teaches the fundamental principles of trend trading and systems trading, as well as other important course content from entry criteria to behavior finance. One of a kind.
FEATURE 8: Our Client Support: Only Educated Traders Survive
Bottom line you can be anywhere and trade today. Beach, office, your bedroom, your bathroom, it doesn't matter. Communication is not a barrier - technology has solved that. Your physical location will have nothing to do with your success in any, way, shape or form. Consider the great traders we have interviewed. Consider their geographic diversity. Our package was designed from the ground up to allow complete novices to "get it". Our dedication to client support has earned us the confidence of our clients since 1996. Each and every client receives personalized support. Why is this so important? In Tom Friedman's book The World is Flat he recounts a conversation with Bill Gates about "free software" and the open source movement: "When I talk to the Chinese, they dream of starting a company. They are not thinking, 'I will be a barber during the day and do free software at night.'...When you have a security crisis in your [software] system, you don't want to say. 'Where is the guy at the barbershop?" Random chat forums filled with anonymous 22-year old males, trying to constantly out do one another to offer their "free advice", is no way to learn the ins and outs. Many clients have told us that our support response time is sometimes as fast as instant messaging. We answer 95 percent of all emailed questions within 24 hours. Support is for 1 year from date of purchase. We accept orders on Sunday, but we usually do not provide support on Sundays.
