Successful traders and investors follow clear guidelines, watch for positional advantages and act on indications for critical price changes.
Why do we bring together trading and a chess strategy?
Beginning chess players act reactive, while experienced players work to reach certain positional advantages from the opening through the middle game into the end game. They are looking for structure and follow success principles.
Successful traders act similarly; they operate with concepts and strategies and wait for the specific moment to gain a positional advantage and then risk their money to yield a return. If you are unfamiliar with chess, think about high-level football, baseball, basketball, or soccer, where pros train to reach pre-defined positions and act.
Concluding the intro question:
- Do you have a trading strategy you follow?
- What is the basis of your decision-making?
- Do you yield returns?
In modern times, when you play online chess, you can decide on the time given to you and your opponent, from three minutes to hour-long games. Similar to trading, you can choose the time of your decision-making:
- Day traders open and close trades the same day and decide on short time frames
- Swing traders keep open positions for a couple of days and mostly decide at the end of the day or intraday for their transactions
- Longer-term investors hold assets for weeks and months and often decide about once a week or month for a change in their holdings
Regardless of how long you want to hold an open position, it would help if you created a positional advantage: an edge that lest you win with a high probability. Trading decisions are chosen under uncertainty and will never be 100% correct. We define high probability when you win 65% or above of your trades. Let us share two simple charts, one for a bit longer-term investment and one for swing trading.
S&P 500 Index Weekly Decisions 2022
We highlighted six situations on the NLT Top-Line chart and want to discuss them with you. First, you see a weekly chart where our indicators spell out price thresholds (Buy > or Sell <) to act when the price of the next candle passes the threshold. The drawn-out horizontal lines indicate system-defined supply levels on reversals.
Situation-1: two strong sell signals called for a bear market in 2022 and came to their expected price move to the downside.
Situation-2: a first reversal to the level of the horizontal NLT Box Lines and another down move
Situation-3: a reversal indication and followed through
Situation-4: a bottom reversal above the expected supply point
Situation-5: strong down move indicated by two NLT signals
Situation-6: the next down move was shown and happened
In essence, six trade situations and our indicators announced the price turning point to target five of the six.
QQQ Swing Trading Chart 2022
Now you see the positional advantage our strategies can bring. On the QQQ chart, we highlighted multiple price-turning points with a solid winning percentage. There are rules to learn, and we teach those in one-on-one sessions. What would it mean to your trading decisions to go long or short in such instances, with a high probability?
If you want to be part of algorithmic-based decision-making, contact us for our yearend special, and we will get together to find out how we can best support you as a day trader, swing trader, or longer-term investor.
contact@NeverLossTrading.com Subj.: Consultation
We wanted to keep the introduction brief; if you want to learn more about our systems, watch this short video where we explain further details. Then, if you prefer to read the details, we send you a copy: contact@NeverLossTrading.com Subj.: PDF 2023.
The financial markets are dynamic and offer an excellent place for retail traders to operate. However, if trading were easy, nobody would ever go to work; however, it is learnable.
How do our indications make a difference?
We measure the market’s pulse by analyzing underlying supply and demand changes. Price moves have a pre-lude and in a multitude of dimensions, and there, our algorithms pick the indication, spell out entry and exit conditions and always stay real-time in tune with the price movement of the observed asset.
With more than ten years in the trading education business, we helped many make fruitful financial decisions. We work one-on-one only.
To succeed in trading, you best work with an experienced coach and learn much about trading. Our #1 competitive advantage is the support and customer service we offer. We work one-on-one with you to specify what we teach to your specific wants and needs; hence, if your knowledge base is not expanding rapidly, you are doing something wrong.
Ongoing education and mentoring are crucial to longevity in this business. Veteran traders have been through more ups and downs than you can imagine. So, experienced pros have probably experienced whatever you’re going through.
If you are ready to make a difference in your trading:
contact@NeverLossTrading.com Subj.: Consultation
It takes multiple dimensions to turn yourself into the trader or investor you want to be, and we support you in acquiring the knowledge and skills needed.
We are happy to share our experiences and help you build your trading business. Trading is not a typical career, and you best learn from those who are long-term in this business to cope with the rollercoaster of the financial markets. We are here to help and provide feedback on what you might be doing right or wrong.
Strive for improved trading results, and we will find out which of our systems suits you best.
The markets changed, and if you do not change your trading strategies with them, it can be a very costly undertaking.
We are looking forward to hearing back from you,
Thomas Barmann (inventor and founder of NeverLossTrading)
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