Universal Market Trader Trading Blog

We have continued the run of good trading conditions for most of the markets we’re tracking. It’s the ideal mix since we’re seeing very clear set-ups on the buy and sell side, which is the idea with the Simple Plan. It’s quick to learn – which is key. You’ll be trading it successfully much quicker than before.

Even more important, is seeing how it reacts after a losing trade. Sure, we enjoy focusing on the winners, and you’ve seen plenty of them but no trading strategy survives without limiting losses, and without coming back strong from a loss. This is real trading — but, we know with our avg. win/avg. loss ratio above 1.50 and the win/loss ratio coming in strong we’re set-up to handle the wins AND the losses.

For example, on Monday the Russell lost its first trade — after that it had 3 winners and 1 break-even. The Crude markets were choppier on Monday and came in negative for us — today in 30 minutes we were done with 2 winners that swamped the prior day’s losses.

The lesson? It’s the bottom line profits that count. And, it’s how you get there. Avoid the larger drawdowns, quickly recover and have a strategy that is consistent enough and simple enough to execute upon.

Here’s the video for Monday/Tuesday:

http://www.netpicksllc.com/UMTDailyVideos/umtsimple51808.htm

Tomorrow we’ll recap the last five days you’ve been following here in each market. Wait until you see the “bottom lines” — they have been impressive.

If you cannot wait, and judging by the number of new people that is a lot of you – you can go here:

Order Link Coming Soon!