BetterTrades
coach Ryan Litchfield brings his popular Traders Forge system to a two day intensive
training session. The Traders Forge is a forum for those who already have some
understanding of trading and some experience in the market. It will be fast paced and geared to
get as much trading experience as possible in two days. Ryan has wanted to do this
class for a long time and believes that there are a lot of traders that have enough
experience to just jump in and power trade for two days. Bracket trading will be
the format and stocks as well as options will be traded.
There will be training in Speed Drills (Documented and Non-Documented), End of Day
and Active Intraday trading. There will be plenty of practice in trade setup, candlestick
reading, charting and technical analysis as each trade is set up and then traded.
Ryan's expertise in trade selection and charting will make it worth your time just
to do the trade set ups. This training is fast paced and challenging enough to keep
you on your game however you will feel a calm settle in as the trades fall into
a rhythm.
The
focus will be on lots of repetitions, lots of trade setups and lots of practice
in reacting to the market action and the use of stops. "Repetition is the Mother
of Skill" and you will make plenty of trades. Ryan's contingency stops are a key
part of Bracket Trading and several of them are so unique and cutting edge, they
are not available to traders. GREAT NEWS! These stops are currently being programmed
into the software of a major Options Trading broker. This will be the first time
these contingency stops have ever been available to traders and you will see these
demonstrated in class.
This workshop will be long on work and short on chatter. This could be the most
productive two days in your BetterTrades trading education. It will all be focused on results.
You will monitor your progress and track strengths and weaknesses but your competition
will be yourself and the market, not the other students. The class environment is
actually very supportive and everyone can contribute to the learning process. There will be
no egos to flatter and you will be there to improve, not to compete against others.
By the way, the sooner you own up to your actual skills and limitations, the sooner
you will make real progress. Humility is a virtue, not a weakness and to be humble
means to be teachable. Trading skills do not come easy. You are in great company
when you submit to be trained. One thing about this training, if you show up determined
and humble, and are willing to participate, you will leave a better trader.
You
will have at your disposal, the tools and the coaching needed to improve your skills.
You can be entertained but you can't be trained from the sidelines so when you get
to class, be ready to dig in.
Bracket Trading is a universal approach to trading. Its fun, calming and
powerful. Day traders and long term investors benefit equally from this methodology.
The unique training environment allows the day trader and the investor to train
side by side and each benefits fully from the practice drills.
This
is the refining furnace for traders. A forge to hone and shape their skills. This
is the trader's equivalent to the pilot's Flight Simulator and the soldier's Boot
Camp. Real trading scenarios will be presented to the students with real historical
news and data. Some option trading will be done as well.
The esoteric field of option volatility will be demystified and made easier to comprehend.
Option volatility is the greatest enemy to option traders. It is like an invisible
enemy. You know it is there but can't see it coming, and you don't know why it blesses
you one day and shoots at you the next. It just does. It can be confusing, expensive
and demoralizing. You will gain an insight into option pricing that only a few traders
have ever had. You will see for the first time, a program that quickly paints a
clear picture of a complete options table. The full options table is normally a
confusing page of numbers. This will be like having a decoder for the opposition's
play book to study before the game. You will see the options market makers pricing
and volatility bias before you select your position. The volatility land mines will
become clearly visible.
Day One Schedule (Subject to Adjustment)
7:30 - 8:30 AM
Registration
8:30 AM
Introduction
8:45 AM
Trade selection for live stock - index trading, Charting & Bracketing
9:15 AM
Speed Drills
10:15 AM
Break
10:30 AM
Speed Drills (non doc)
12:00 PM
Lunch
1:00 PM
Speed Drills (full doc)
2:15 PM
Break
2:45 PM
Speed Drills (full doc)
3:45 PM
Break
4:00 PM
Option Volatility Tactical approach to Option strike selection. Learn to select
the right strike price, the right position (in / at / out of the money) and the
right month. Learn to find the 'Sweet Spot' and pick the right strategy.
5:00 PM
End of first Day
The second day will continue with trading and add some strategy instruction for
volatile markets. Options will be added and a full demonstration of the use of the
Option Curve program will be given. During both days, real time trades will be traded
by the whole class with audible contingency stops.
Many Better Trades students ask about bringing computers to class. It can be very helpful if you
have a laptop but it is not necessary. If you choose to do so you will have to deal
with power needs on your own. Bring battery power as plug in power is not guaranteed.
You may also find it handy to bring a straight edge and some colored pens. Lastly,
many folks bring snacks but be advised, the instructor occasionally grazes on the
front rows.
Day Two Schedule (Subject to Adjustment)
7:30 AM
Trade selection for live trades (including option selection). Place bracket trades.
8:30 AM
Speed Drills
10:30 AM
Break
10:45 AM
Volatility Strategies
12:00 PM
Lunch
1:00 PM
Option Volatility Trading demo. Application to strategies.
2:00 PM
Break
2:15 PM
Option Speed Drills
3:30 PM
Break
3:35 PM
Pulling the Pieces together
4:30 PM
Close
Ryan's training events are limited seating for the two
day event. From time to time we offer special limited time discounts for various
events. Special Note: Ryan sometimes offers discounts and specials in his free online
classes. So, if you are looking for a special price, make sure you attend Ryan's free
Online Trading Classes!
Folks, this process gets results. The format is new and powerful. State of the art
investing and trading tools will be unveiled for the first time. So, do this for youself!
Do this for who ever needs the benefit of your ability to navigate the markets confidently
and profitably. Do this so you can get together with other traders anxious to learn
and improve their skills. That kind of energy in a room for two days motivates and
heightens your learning ability. Networking and rubbing elbows with like minded
people pays lots of subtle dividends. Do this and make the season bright as you
polish your trading skills and give yourself a gift that keeps on giving, doesn't
take batteries and won't fade or wear out in the years to come.