Think you’re pretty sharp but, still can’t catch a break trading the markets?

The reason: Trading is just 20% intellectual and a whopping 80% psychological.

To succeed, you’ve got to sync your trading with your emotions and achieve the inner calm and confidence that translates directly into better decisions and ideally higher profits!

In this very special interview, author of ‘The Inner Voice of Trading,’ Michael Martin will teach you how to find your inner voice as a trader, so you can crisply execute your trading strategies WITHOUT hesitation.

http://netpicks.com/innervoice

Specifically, we’ll cover…

• Traders are humans first: How your trades reflect the human propensity to pursue pleasure and avoid pain
• Choosing strategies you can sustain over time: How to find trading approaches you can tolerate—and consistently execute
• Letting go – You don’t need to be right all the time: Stop seeking validation from your trades—that’s not what they’re for
• Reducing your losses through self-discipline and surrender: How emotionally aware traders improve performance by keeping their losses small

Throw in some great case-studies from some of the world’s foremost traders and you’ll discover how integrating reason *and* emotion can make better trades… and make you a better trader.

http://netpicks.com/innervoice

Please join us on Tuesday, November 8th at 12pm Noon EST (New York Time) / 9am PST / 5pm GMT as Mark and Brian sit down and chat with special guest & author, Michael Martin.

http://netpicks.com/innervoice

…you know the old adage. Diversification is key – not only to sustain your profits but also keep your sanity in the day trading markets.

Be sure to Download this Day Trading Guideto follow along with the presentation.

In this installment of our NetPicks Free Educational Webinar Series, we’re going to tackle this subject head on. We all know as long term traders that diversification is important, and that it is necessary to prevent wild swings in your account size.  Most long term investors employ some form of diversification, but many day traders do not. Specifically, we’re going to cover…

• How even profitable trade plans experience drawdowns and periods of loss, and how this often has the effect of shaking traders out of the plan… and tell you how this situation is AVOIDABLE.
• How the addition of even just one or two additional trade plans can greatly improve your equity curves.
• How to select different trade plans and point to a couple of resources available to assist in selecting different markets.
• How to find the trader’s ‘Holy Grail’ through Diversification.

Our goal is that through learning all of the above will instill a greater confidence in your trading, and help fight the psychological battle that all traders, and in particular day traders, face each day.

So in effort to prep you guys for the coming year, my
next educational webinar is going to be dedicated to
Market Analysis for 2011. Best of all, it’s completely
informational (meaning no sales allowed). I’m doing
this just for my subscribers and you’re invited!

http://netpicks.com/2011

In this webinar, my panel of skilled traders are giving
you the goods on what worked in 2010 (and what
*failed*) as well as let you in on the new ‘heavy-hitter’
markets that you’re going to want to know about before
anyone else.

You’ll also…

==>> Get the down-low on the ‘home-run’ successes of
2010 and the surprising disappointments that none of
us saw coming…

==>> Get our professional take on whether or not the
2010 successes will CONTINUE to work in 2011 (and
which ones will definitely fizzle out)…

http://netpicks.com/2011

==>> Get the full report on which markets, time frames
and time intervals my Experts will be exploring this
year in their own personal trading (and why)…

==>> Plus, get a jump on a handful of hot, hot, hot
markets you’re probably not trading right now (but
should be!).

And like all our educational webinars, there will be
NO sales pitches and no high-pressure tactics. I’ve
got literally NOTHING to sell you – just good, solid
trading analysis from my panel of trading geniuses
that won’t cost you a nickel.

Date: Tuesday, January 11th, 2011
Time: 12pm Noon Eastern / 9am Pacific / 5pm GMT
Where: Online!

Get your logins in advance, right now:

http://netpicks.com/2011

So far in 2010 we have seen a lot of tight ranges and low volume price action. These are phrases that can send day traders running for cover. The nice part about the UMT is that it gives you the flexibility to change your markets so you can go where the action is. Markets that have shown some nice movement over the last few months are the currency futures. You don’t have to be a forex trader to look at these markets. They will look like a spot forex market and trade like a future.

The market I’m going to highlight today is the Euro Currency. Combining this market with the use of range charts has proven to be a really nice combination. One of the nice features about this market is that you can trade it in both the European session and the U.S. session. We track it on a range chart of 5. The range charts do a really nice job of filtering out the chop that we can see in the markets. Over the past few months this market has produced some very nice results. I highlight Monday’s session in the video below.

In today’s environment it’s crucial that you have  a system that gives you the flexibility to move between markets that are showing nice volatility. The UMT is a system that does just that. The system is the same regardless of the market you are looking at which makes any change very straight forward.

If you are getting tired of watching the index futures move sideways all session, take a look at the currency futures. You might be surprised at what you find.

UMT Euro Futures Video

The first trade they had was in heating oil.  Keep in mind, they were not looking at charts on their computers.  Nope.  They were using charts from tabloid sized newspaper and had to update the charts at the end of the trading day.  Nobody knew how the trade would do especially that it would take out the previous years high.  Price rose from $.80 up to a little over $1.05.  For those that followed the system, especially the position size, their account exploded.  How many held full positions?  One.  The others found reasons not to be fully involved and gave reasons such as too risky, gone up too fast, thought the move would not last due to contract expiration.  They were all given strict rules.  Not following them on a whim, a hunch or thinking they could predict the market cost them some decent profits.

What is the point?  It should be obvious.

Unless YOUR trade plan has strict rules for standing aside on a trade…take the trade.  Deciding to risk 2% on each trade? Do it for every trade.  These rules should not be pushed aside because of a subjective whim or hunch you may have.  The trade you decide to not take part in OR use a fraction of your planned risk, will be the winner.  The one you jump in with both feet may win or lose…but you were consistent.  Consistency is one of the four keys that poured from the Turtle lessons.

1.  Trade with an edge
2.  Manage risk
3.  Be consistent
4.  Keep it simple.

Funny how many traders forget these basic four lessons.  It could account for the many many traders that get slammed out of trading every day.  Why traders lose their stake.  Why traders complain a system does not work (especially when others are doing very well with it!!!!).  You do not need to be a scholar, a PhD or a former member of the deans list.  You do have to be smart…and being smart means following the habits of those that have succeeded before you.

Click Here for the Replay!

You know what I mean by ‘time intervals’, right? 1 minute, 5 minute, 15 minute charts, etc.  It seems many trading systems are optimized for time intervals – and depending on your charting platform (like MetaTrader), they may be your *only* option.

But believe it or not, time interval is only one choice among many when it comes to trading!

Specifically, we discuss:

-          Tick Charts

-          Volume Bars

-          Range Bars

Not to mention, who they are best suited for, pros and cons and caveats and caution flags for each. These questions will be answered in detail by my expert team of professional traders.

Forex, futures, stocks and options – we’re going to have some great information for all of you.

Click Here for the Replay!

Click Here for the Replay!

We give you the downlow on the why and how of market analysis, budgets and financial projections for your trading. If you want to turn this trading business into a full-time gig, you’ve got to start taking it seriously! And that means crunching the numbers – yes, all the numbers (and not just wins vs. losses).

Get your head out of the clouds and into the game and watch this awesome presentation right now:

Click Here for the Replay!

]]> http://www.umttrading.com/2010/02/09/capital-growth-educational-webinar-recording/feed/ 0 http://www.umttrading.com/2010/01/13/2010-market-analysis-webinar-replay/ http://www.umttrading.com/2010/01/13/2010-market-analysis-webinar-replay/#comments Wed, 13 Jan 2010 18:29:21 +0000 Mark http://www.umttrading.com/?p=424 In case you couldn’t make the live Market Analysis webinar on Monday, here’s the recording:

**Click to Replay**

Be sure to listen in, take some notes and most importantly, start incorporating them into your 2010 trade plan. As mentioned in Monday’s webinar, this year is going to be one full of changes – and that we hope you can keep up.

This Market Analysis is just the first in a long series of awesome educational (read: NO sales) webinars that we hope to host on a regular-basis.

If you have any topic recommendations, we’re always open to suggestion.

(949) 481-2396
info@netpicks.com