Top Dog Trading

Barry Burns

Learning How To Day Trading and Swing Trade Stocks, Futures and Forex

All Episodes

In this podcast, we're going to answer the age old question: Which is more important? The trading psychology, or the trading strategy that you use? Enjoy! Get One of my Favorite Trade Strategies for Free:“The Rubber Band Trade.” Today you’re going to get 2 Freebies: #1. Get one of my favorite Top Dog Trading strategies called “The Rubber Band Trade” which has an extremely high win/loss ratio. It’s a simple trade you can learn in about 26 short minutes. Get my Rubber Band Trade Strategy absolutely free by simply going to: www.RubberBandTrade.com This trade strategy is so good that I personally use it every day it sets up, and you can try with no obligation, and prove to yourself that it works for you as well. #2. Get my “Cycle Indicator” for Precision Market Entry Triggers. I use this indicator on EVERY trade I take. It works for day trading & swing trading Forex, futures and the stock markets. This is a true “try before you buy” offer, or heck, actually, it’s a try and never buy offer, as my gift to you! Get BOTH of these freebies at the same web page: CLICK HERE NOW: www.RubberBandTrade.com Check out the previous Top Dog Trading Podcast episode at:https://topdogtradingpodcast.com/quant-trading

Sep 2

7 min 49 sec

I'm often asked, "How can we compete against high frequency trading, algos and Quants?" Learn the answer in this podcast episode. Don't be afraid of the Quant trading systems and firms … you may be better than them! Statistics show that Quant trading strategies are under-performing the market going on 3 years now. Learn more in this podcast. Enjoy! Get One of my Favorite Trade Strategies for Free: “The Rubber Band Trade.” Today you’re going to get 2 Freebies: #1. Get one of my favorite Top Dog Trading strategies called “The Rubber Band Trade” which has an extremely high win/loss ratio. It’s a simple trade you can learn in about 26 short minutes. Get my Rubber Band Trade Strategy absolutely free by simply going to: www.RubberBandTrade.com This trade strategy is so good that I personally use it every day it sets up, and you can try with no obligation, and prove to yourself that it works for you as well. #2. Get my “Cycle Indicator” for Precision Market Entry Triggers. I use this indicator on EVERY trade I take. It works for day trading & swing trading Forex, futures and the stock markets. This is a true “try before you buy” offer, or heck, actually, it’s a try and never buy offer, as my gift to you! Get BOTH of these freebies at the same web page: CLICK HERE NOW: www.RubberBandTrade.com Check out the previous Top Dog Trading Podcast episode at: https://topdogtradingpodcast.com/interview-with-option-alpha-head-trader-kirk-du-plessis/

Jun 30

9 min 14 sec

In this Podcast, Option Alpha Founder, Kirk Du Plessis, and Top Dog Trading Founder, Barry Burns discuss Options Trading. Enjoy! Get One of my Favorite Trade Strategies for Free:“The Rubber Band Trade.” Today you’re going to get 2 Freebies: #1. Get one of my favorite Top Dog Trading strategies called “The Rubber Band Trade” which has an extremely high win/loss ratio. It’s a simple trade you can learn in about 26 short minutes. Get my Rubber Band Trade Strategy absolutely free by simply going to: www.RubberBandTrade.com This trade strategy is so good that I personally use it every day it sets up, and you can try with no obligation, and prove to yourself that it works for you as well. #2. Get my “Cycle Indicator” for Precision Market Entry Triggers. I use this indicator on EVERY trade I take. It works for day trading & swing trading Forex, futures and the stock markets. This is a true “try before you buy” offer, or heck, actually, it’s a try and never buy offer, as my gift to you! Get BOTH of these freebies at the same web page: CLICK HERE NOW: www.RubberBandTrade.com Check out the previous Top Dog Trading Podcast episode at:https://topdogtradingpodcast.com/trading-news/

Jun 2020

45 min 51 sec

Trading News In this podcast, we'll answer one of my most frequently asked a questions. QUESTION: Is Day Trading news events for Forex, futures and the stock market profitable? ANSWER: There is a much better way! Learn more in this podcast episode. Enjoy! Get One of my Favorite Trade Strategies for Free:“The Rubber Band Trade.” Today you’re going to get 2 Freebies: #1. Get one of my favorite Top Dog Trading strategies called “The Rubber Band Trade” which has an extremely high win/loss ratio. It’s a simple trade you can learn in about 26 short minutes. Get my Rubber Band Trade Strategy absolutely free by simply going to: www.RubberBandTrade.com This trade strategy is so good that I personally use it every day it sets up, and you can try with no obligation, and prove to yourself that it works for you as well. #2. Get my “Cycle Indicator” for Precision Market Entry Triggers. I use this indicator on EVERY trade I take. It works for day trading & swing trading Forex, futures and the stock markets. This is a true “try before you buy” offer, or heck, actually, it’s a try and never buy offer, as my gift to you! Get BOTH of these freebies at the same web page: CLICK HERE NOW: www.RubberBandTrade.com Check out the previous Top Dog Trading Podcast episode at:https://topdogtradingpodcast.com/stock-market-trading/

Jun 2020

10 min 15 sec

In this podcast, you will learn a successful stock market trading strategy that I use everyday. In today's podcast I share a stock market trading strategy, learned from my mentor. This one, simple, action that I resisted doing, helped me be a more successful stock market trader. Learn more in this podcast episode. Enjoy! Get One of my Favorite Trade Strategies for Free: “The Rubber Band Trade.” Today you’re going to get 2 Freebies: #1. Get one of my favorite Top Dog Trading strategies called “The Rubber Band Trade” which has an extremely high win/loss ratio. It’s a simple trade you can learn in about 26 short minutes. Get my Rubber Band Trade Strategy absolutely free by simply going to: www.RubberBandTrade.com This trade strategy is so good that I personally use it every day it sets up, and you can try with no obligation, and prove to yourself that it works for you as well. #2. Get my “Cycle Indicator” for Precision Market Entry Triggers. I use this indicator on EVERY trade I take. It works for day trading & swing trading Forex, futures and the stock markets. This is a true “try before you buy” offer, or heck, actually, it’s a try and never buy offer, as my gift to you! Get BOTH of these freebies at the same web page: CLICK HERE NOW: www.RubberBandTrade.com Check out the previous Top Dog Trading Podcast episode at: https://topdogtradingpodcast.com/how-much-do-day-traders-make/

May 2020

8 min 42 sec

How much money do day traders really make? How much do Forex, stocks, futures and options traders make in a day? Learn more in this podcast episode. I'm often asked, what is the average income of a day trader and what is the day trading success rate. Listen to this episode of the Top Dog Trading Podcast for a realistic answer. Enjoy! Get One of my Favorite Trade Strategies for Free: “The Rubber Band Trade.” Today you’re going to get 2 Freebies: #1. Get one of my favorite Top Dog Trading strategies called “The Rubber Band Trade” which has an extremely high win/loss ratio. It’s a simple trade you can learn in about 26 short minutes. Get my Rubber Band Trade Strategy absolutely free by simply going to: www.RubberBandTrade.com This trade strategy is so good that I personally use it every day it sets up, and you can try with no obligation, and prove to yourself that it works for you as well. #2. Get my “Cycle Indicator” for Precision Market Entry Triggers. I use this indicator on EVERY trade I take. It works for day trading & swing trading Forex, futures and the stock markets. This is a true “try before you buy” offer, or heck, actually, it’s a try and never buy offer, as my gift to you! Get BOTH of these freebies at the same web page: CLICK HERE NOW: www.RubberBandTrade.com Check out the previous Top Dog Trading Podcast episode at: https://topdogtradingpodcast.com/trading-psychology-tips-part-2/

May 2020

9 min 20 sec

Many traders ask "How Can I Be Disciplined in Trading?" They struggle with the discipline of keeping their rules in trading psychology in Forex, futures and day trading stocks. This episode will help your trading psychology with a very specific tool. Enjoy! Get One of my Favorite Trade Strategies for Free: “The Rubber Band Trade.” Today you’re going to get 2 Freebies: #1. Get one of my favorite trade strategies called “The Rubber Band Trade” which has an extremely high win/loss ratio. It’s a simple trade you can learn in about 26 short minutes. Get my Rubber Band Trade Strategy absolutely free by simply going to: https://www.topdogtrading.com/rubberband/ This trade strategy is so good that I personally use it every day it sets up, and you can try with no obligation, and prove to yourself that it works for you as well. #2. Get my “Cycle Indicator” for Precision Market Entry Triggers. I use this indicator on EVERY trade I take. It works for day trading & swing trading Forex, futures and the stock markets. This is a true “try before you buy” offer, or heck, actually, it’s a try and never buy offer, as my gift to you! Get BOTH of these freebies at the same web page: CLICK HERE NOW: https://www.topdogtrading.com/rubberband/

Apr 2020

14 min 31 sec

Do you know the Counter-Intuitive Way to Make Money Trading? This episode will give it to you! Enjoy! Get One of my Favorite Trade Strategies for Free: “The Rubber Band Trade.” Today you’re going to get 2 Freebies: #1. Get one of my favorite trade strategies called “The Rubber Band Trade” which has an extremely high win/loss ratio. It’s a simple trade you can learn in about 26 short minutes. Get my Rubber Band Trade Strategy absolutely free by simply going to: https://www.topdogtrading.com/rubberband/ This trade strategy is so good that I personally use it every day it sets up, and you can try with no obligation, and prove to yourself that it works for you as well. #2. Get my “Cycle Indicator” for Precision Market Entry Triggers. I use this indicator on EVERY trade I take. It works for day trading & swing trading Forex, futures and the stock markets. This is a true “try before you buy” offer, or heck, actually, it’s a try and never buy offer, as my gift to you! Get BOTH of these freebies at the same web page: CLICK HERE NOW: https://www.topdogtrading.com/rubberband/

Apr 2020

9 min 59 sec

Learning Overbought and Oversold signals for day trading and swing trading with oscillator indicators is a common teaching in technical analysis. They can work with the stock market, Forex, futures, e-minis, or most anything where you can plot price action on a chart. There are actually 3 types of overbought/oversold signals, but only one of them is significant for trading in today's markets. This episode tells you which one! Enjoy! Get One of my Favorite Trade Strategies for Free: “The Rubber Band Trade.” Today you’re going to get 2 Freebies: #1. Get one of my favorite trade strategies called “The Rubber Band Trade” which has an extremely high win/loss ratio. It’s a simple trade you can learn in about 26 short minutes. Get my Rubber Band Trade Strategy absolutely free by simply going to: www.topdogtrading.com/rubberband This trade strategy is so good that I personally use it every day it sets up, and you can try with no obligation, and prove to yourself that it works for you as well. #2. Get my “Cycle Indicator” for Precision Market Entry Triggers. I use this indicator on EVERY trade I take. It works for day trading & swing trading Forex, futures and the stock markets. This is a true “try before you buy” offer, or heck, actually, it’s a try and never buy offer, as my gift to you! Get BOTH of these freebies at the same web page: CLICK HERE NOW: http://www.topdogtrading.com/rubberband

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Jun 2019

10 min 14 sec

Can day trading be profitable? Can it even make you rich, or will it make you broke? The same could be asked for swing trading in any market, whether it's Forex, the stock market, E-minis or futures. Today I answer a question from a frustrated trader who has been trying (unsuccessfully) to be profitable for 10 years! Enjoy! Get One of my Favorite Trade Strategies for Free: “The Rubber Band Trade.” Today you’re going to get 2 Freebies: #1. Get one of my favorite trade strategies called “The Rubber Band Trade” which has an extremely high win/loss ratio. It’s a simple trade you can learn in about 26 short minutes. Get my Rubber Band Trade Strategy absolutely free by simply going to: www.topdogtrading.com/rubberband This trade strategy is so good that I personally use it every day it sets up, and you can try with no obligation, and prove to yourself that it works for you as well. #2. Get my “Cycle Indicator” for Precision Market Entry Triggers. I use this indicator on EVERY trade I take. It works for day trading & swing trading Forex, futures and the stock markets. This is a true “try before you buy” offer, or heck, actually, it’s a try and never buy offer, as my gift to you! Get BOTH of these freebies at the same web page: CLICK HERE NOW: http://www.topdogtrading.com/rubberband

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Feb 2019

22 min 50 sec

This is part 2 of an episode that was recorded as a "flow of consciousness" on my mobile phone while driving home from an event that brought up a lot of thoughts. As you listen to the ideas about money and prosperity I put forth, use this as an exercise, actually a "mirror," to your observe the reactions in your mind. This can provide you with an insight to your own prosperity mentality. Enjoy! Get One of my Favorite Trade Strategies for Free: “The Rubber Band Trade.” Today you’re going to get 2 Freebies: #1. Get one of my favorite trade strategies called “The Rubber Band Trade” which has an extremely high win/loss ratio. It’s a simple trade you can learn in about 26 short minutes. Get my Rubber Band Trade Strategy absolutely free by simply going to: www.topdogtrading.com/rubberband This trade strategy is so good that I personally use it every day it sets up, and you can try with no obligation, and prove to yourself that it works for you as well. #2. Get my "Cycle Indicator" for Precision Market Entry Triggers. I use this indicator on EVERY trade I take. It works for day trading & swing trading Forex, futures and the stock markets. This is a true “try before you buy” offer, or heck, actually, it’s a try and never buy offer, as my gift to you! Get BOTH of these freebies at the same web page: CLICK HERE NOW: http://www.topdogtrading.com/rubberband

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Dec 2018

27 min

Today's episode was recorded as a "flow of consciousness" on my mobile phone while driving home from an event that brought up a lot of thoughts. As you listen to the ideas about money and prosperity I put forth, use this as an exercise, actually a "mirror," to your observe the reactions in your mind. This can provide you with an insight to your own prosperity mentality. Enjoy! Get One of my Favorite Trade Strategies for Free: “The Rubber Band Trade.” Today you’re going to get 2 Freebies: #1. Get one of my favorite trade strategies called “The Rubber Band Trade” which has an extremely high win/loss ratio. It’s a simple trade you can learn in about 26 short minutes. Get my Rubber Band Trade Strategy absolutely free by simply going to: www.topdogtrading.com/rubberband This trade strategy is so good that I personally use it every day it sets up, and you can try with no obligation, and prove to yourself that it works for you as well. #2. Get my "Cycle Indicator" for Precision Market Entry Triggers. I use this indicator on EVERY trade I take. It works for day trading & swing trading Forex, futures and the stock markets. This is a true “try before you buy” offer, or heck, actually, it’s a try and never buy offer, as my gift to you! Get BOTH of these freebies at the same web page: CLICK HERE NOW: http://www.topdogtrading.com/rubberband

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Dec 2018

21 min 46 sec

3 places your orders can reside: Your computer Your broker’s server At the exchange Some advantages/disadvantages of each: Your computer: Good: protect you from trading blind if your computer or internet service goes down for day traders. Bad: slower fill Your broker’s server: Good: Faster than on your computer. You’ll get you filled even if your computer or internet connection goes down. But that may be good or bad! May want this if you’re a swing trader. May not want this if you’re a day trader. Bad: Slower fill than if trade went straight to the exchange. At the exchange: Good: Fastest fill because you’re earliest in the queue of a First-in-first-out type of system. Bad: But may be trading blind if have technology problems on your end, and then you can’t get out quick. Or if market conditions change and you decide you no longer want to get filled. Rules vary depending on your broker, software, the exchange, and the market your trading (stocks, futures or Forex). It will also vary especially depending on the type of order you’re placing. For example, a stop order may be treated differently than a OTO order, which may be treated differently than Touch if Filled Orders, which may be treated differently than a bracket order, which may be different than a market or limit order. To get all the details in YOUR situation, check the website of your broker, and if you don’t find the answers there, call their support team. Get One of my Favorite Trade Strategies for Free: “The Rubber Band Trade.” Today you’re going to get 2 Freebies: #1. Get one of my favorite trade strategies called “The Rubber Band Trade” which has an extremely high win/loss ratio. It’s a simple trade you can learn in about 26 short minutes. Get my Rubber Band Trade Strategy absolutely free by simply going to: www.topdogtrading.com/rubberband This trade strategy is so good that I personally use it every day it sets up, and you can try with no obligation, and prove to yourself that it works for you as well. #2. Get my "Cycle Indicator" for Precision Market Entry Triggers. I use this indicator on EVERY trade I take. It works for day trading & swing trading Forex, futures and the stock markets. This is a true “try before you buy” offer, or heck, actually, it’s a try and never buy offer, as my gift to you! Get BOTH of these freebies at the same web page: CLICK HERE NOW: http://www.topdogtrading.com/rubberband    

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Nov 2018

17 min 44 sec

Can market makers see where you place your orders so they can "run your stops?" The specifics will vary depending on whether you’re trading stocks, futures, Spot Forex or Options. Not only human market makers, but also, and perhaps more importantly, market making algorithms that are programmed to run stops. It's not most accurate to think of them running stops, but rather seeking liquidity. Yes, they may see them if they show up in the order book. One temptation is to work without stops. Another temptation is to use “soft” stops. The difference between hard stops and soft stops. Do major funds cares about your or my small orders? If you place your stop where a lot of other traders obviously will (at major support/resistance), then that could be a problem. Don't treat support/resistance as lines, but as zones. Rules vary depending on your broker, software, market you’re trading, the exchange, and especially the type of order you’re placing. For example, a stop order may be treated differently than an OTO order, which may be treated differently than a bracket order, which may be different than a market order or limit order, etc. Get One of my Favorite Trade Strategies for Free: “The Rubber Band Trade.” Today you’re going to get one of my favorite trade strategies called “The Rubber Band Trade” which has an extremely high win/loss ratio. It’s a simple trade you can learn in about 26 short minutes. Get my Rubber Band Trade Strategy absolutely free by simply going to: www.topdogtrading.com/rubberband This trade strategy is so good that I personally use it every day it sets up, and you can try with no obligation, and prove to yourself that it works for you as well. This is a true “try before you buy” offer, or heck, actually, it’s a try and never buy offer, as my gift to you!

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Nov 2018

12 min 19 sec

This is the part 2 of a long discussion I had with David about his new journey into day trading the stock market. It became a very organic and spontaneous discussion with many unexpected turns including: How techniques for attracting women apply to trading. How an individual’s unique personal history influences their trading success or failure. What you can learn from Bill Belichick about trading stocks. … in fact we ended up talking quite a bit about football (American football that is). In this podcast you’re getting an inside, candid, personal, informal, even voyeuristic experience between David & I. Sit back and enjoy! ABOUT DAVID WYGANT David is a Life Changer, Social Strategist, Dating & Relationship Coach. 1.7 million men & women go to him every month to find the secrets to success. After 20 years of coaching, he’s discovered the golden keys to success in dating, business, health and wellness, and life. He’s helped millions of men and women around the globe achieve success in their dating, social and personal lives. Some say he’s nuts, others say he’s changed their life forever. One thing’s for certain: he’s always candid and real, never sugar coating anything. Visit David’s website and access all his free reports, blog posts and podcast at https://www.davidwygant.com/   Get One of my Favorite Trade Strategies for Free: “The Rubber Band Trade.” Today you’re going to get one of my favorite trade strategies called “The Rubber Band Trade” which has an extremely high win/loss ratio. It’s a simple trade you can learn in about 26 short minutes. Get my Rubber Band Trade Strategy absolutely free by simply going to: www.topdogtrading.com/rubberband This trade strategy is so good that I personally use it every day it sets up, and you can try with no obligation, and prove to yourself that it works for you as well. This is a true “try before you buy” offer, or heck, actually, it’s a try and never buy offer, as my gift to you!

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Nov 2018

38 min 47 sec

David Wygant is a life and relationships coach who reaches over 1.7 million people every month. Recently he set out to master the profession of day trading the stock market. In this episode I talk to David about his new journey and it was a fascinating discussion. It became a very organic and spontaneous discussion with many unexpected turns including: How techniques for attracting women apply to trading. How an individual's unique personal history influences their trading success or failure. What you can learn from Bill Belichick about trading stocks. ... in fact we ended up talking quite a bit about football (American football that is). In this podcast you're getting an inside, candid, personal, informal, even voyeuristic experience between David & I. Sit back and enjoy! ABOUT DAVID WYGANT David is a Life Changer, Social Strategist, Dating & Relationship Coach. 1.7 million men & women go to him every month to find the secrets to success. After 20 years of coaching, he's discovered the golden keys to success in dating, business, health and wellness, and life. He's helped millions of men and women around the globe achieve success in their dating, social and personal lives. Some say he's nuts, others say he's changed their life forever. One thing’s for certain: he’s always candid and real, never sugar coating anything. Visit David's website and access all his free reports, blog posts and podcast at https://www.davidwygant.com/   Get One of my Favorite Trade Strategies for Free: “The Rubber Band Trade.” Today you're going to get one of my favorite trade strategies called "The Rubber Band Trade” which has an extremely high win/loss ratio. It’s a simple trade you can learn in about 26 short minutes. Get my Rubber Band Trade Strategy absolutely free by simply going to: www.topdogtrading.com/rubberband This trade strategy is so good that I personally use it every day it sets up, and you can try with no obligation, and prove to yourself that it works for you as well. This is a true “try before you buy” offer, or heck, actually, it’s a try and never buy offer, as my gift to you!  

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Oct 2018

44 min 57 sec

Rande Howell Interview: Mastering Trading Psychology This interview with Rande Howell from "My Trader's State of Mind" is one of the most insightful and interesting I've ever heard about trading psychology. Rande Howell, Trader Psychologist, has more than 15 years of practice as a licensed therapist and performance psychology coach. His work centers on how to break the fear-based, self limiting patterns to which the brain adapts us for survival and how to reorganize the self to a higher level of functioning. This is accomplished by learning how to manage biological fear (and its impact on thought) and thus access much more empowered parts of the self that shift our capacity for positive performance. Rande’s work teaches you how to change the way you understand and work with your biology; which allows you to succeed in regulating your emotions and breaking out of life-limiting patterns (really important in trading success). His emotional regulation training has been used to treat violent prisoners, break the cycle of domestic violence, and free people from the limitations of fearful thinking. His work has appeared in many venues and he is the author of 3 books, including "Mindful Trading: Mastering Your Emotions and the Inner Game." Visit Rande's website and access all his free e-Book, articles, videos and webinars at https://www.mytradersstateofmind.com  You can also contact Rande directly at rande@mytradersstateofmind.com   Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.

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Sep 2018

1 hr

WHAT'S THE BEST TIME INTERVAL FOR DAY TRADING? THE 5 RULES: The size of your trading account. Can’t risk more than 2% of your trading account on any one given trade. This is from entry to protective stop. If holding overnight, then is risk of your hedge. Keep going smaller in time interval, and find what the risk is on 80% of those trades and if it’s more than 2%, then you have to go to a shorter time interval. Avoid the noise. Make sure your patterns and trade setups are happening consistently and that it’s not too short of a time interval. How much time do you need to see your setup, analyze the setup, and execute the trade with confidence. This may change over time as you get more comfortable with your trading method. Your psychological need for trade frequency. Shorter time intervals give you more trades. Getting bored and distracted is a big problem in trading. The average daily volume of the market you’re trading. The more volume it trades … The more volume it trades … The faster time interval you can use. But with tick charts, if your tick interval is too fast, then the triggers go by before you can enter them. The less volume it trades … There’s more noise on a smaller time interval. On tick charts, you will get more trades if you use faster tick intervals.  Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.

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Jul 2018

19 min 56 sec

The other day, I was asked “How can a little guy like me make money in the markets? Is it even possible?” I understand the question. In a world where power is controlled by: Big government. Big business. Where big money talks and can even buy you justice in the courtroom. It can be hard to believe that people like you and me stand a chance. People root for underdog. David vs. Golliath. Mom and Pop shop vs. Walmart. Rocky Balboa vs. Apollo Creed. In trading perhaps the Institutions vs. the Retail Trader (you). On numerous occasions I’ve had people “How can the little guy make money in the markets?” You feel they have unfair advantages. That the markets are “fixed.” The markets are manipulated by the big money. Bottom line – you’re making excuses for yourself. So we seem to have it in our nature to root for the little guy or the underdog. Study done by Joseph Vandello of the University of South Florida: We tend to assume that the underdog has better personal character. This is why in Presidential elections the candidates FIGHT to be viewed as the underdog! In the most recent presidential election here in the US: Even after a strong performance in Iowa, and he went way up in the polls, CNN anchor Anderson Cooper asked Bernie Sanders if he still considered himself an underdog. Sanders seemed upset and answered “Of course I’m an underdog.” Hillary Clinton, though part of the establishment of Washington insisted she was an underdog because she was a woman. Donald Trump insisted he was an underdog because he wasn’t part of the political establishment. In the 2008 election, both Barack Obama and John McCain referred to themselves as underdogs! Vandello found that between 2/3 to ¾ of people are susceptible to the underdog phenomena. Possible explanations: Our enjoyment of drama and excitement. Our quest for fairness. Do you root for the underdog in sports, biz, etc. because you identify with them yourself as a bit of an underdog in life. Why? RELATE to them. That is YOUR self-identity. Many of us feel under-compensated on the job, in relationships, etc. We feel we’ve worked hard and aren’t rewarded enough. I’m going to challenge you. Crabs in a Barrel Example: When harvesting crabs and putting them into a barrel, the group will pull  back those about to get out. We see this in humans too. People become jealous. Someone else getting out of the barrel takes away our excuses. We’d rather pull others down than to pull ourselves up and then help others get out. Out of spite or envy we try to halt the progress of other so we all stay on the same level, even if it’s to our own destruction. Back to the title of this podcast: “How the Little Guy Can Make Big Money in the Market.” They can’t! The “little guy.” Don’t be that – you want your wife to call you the “Little Guy” in bed? Mr. America: “don’t wish it was easier, with you were better.” This has nothing with how much money you have. It has to do with your self-image. If you have the right self-image, even though you don’t have the money, you’ll get the money. CHANGE YOUR SELF IMAGE NOW!!! Your check will only be as big as you are. So don’t be a frickin piker!!! I understand how this can be challenging specifically in the world of trading. Large firms are allowed to: Rent floor space at the exchanges to put their computers between you and the exchanges computers. Buy and Sell in “Dark Polls” so their price and volume don’t show up on your charts in real-time. Engage in high-frequency trading with mind-numbing computer power and speed using the best of the best mathematical and computer geniuses to create superior algorythms. In addition, they often use microwave technology rather than fiber optics so they gain literally nano-seconds over you and I, and to arbitrage between currencies, countries,

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Jun 2018

21 min 26 sec

The Market Took All My Money! Successful Trading is in Your Control - Learn How Now. "Extreme Ownership" is the opposite of entitlement. Take control. Being in control requires responsibility, so many of us prefer to say that things are outside of our control. Examples of: Scam alert websites. Ripoff report websites. No, your'e not a victim – you participated. You may have been drawn in by a “sounds too good to be true” offer you wanted to believe, even though you already knew, "if it’s too good to be true, it probably is."  STORY OF CHEMISTRY GRADE. Not just indicators. Risk management Money management Trading logs You probably know you should do it but you don’t. STORY OF NOT WARMING UP BEFORE KRAV MAGA CLASS. Printing out charts Good book is “Extreme Ownership by Jocko Willink.” Or see his Ted Talk on Youtube. Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.

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May 2018

23 min

Trading is a business of probability. Every trader will take losses, so we need to use protective stops. Many traders take profits quickly but hold on to losing trades - it's human nature. We take profits because it feels good, and we try to hide from the pain of losses. 3 BAD TYPES OF PROTECTIVE STOPS: Above/below support/resistance. This can be previous highs/lows, pivot levels, Fibonacci, etc. Too obvious: Stop running. S/R aren’t lines but zones. Percentage move against entry. Meaningless with regard to the chart and price action. HOWEVER, #1 rule: Must be within your money management rules: No more than ½ of 1% of your trading account. Volatility stops  ATR Parabolic SAR Some traders use this technique because they say you have to allow room for the “noise of the market. Seems logical, except for one huge problem: It violates one of the most well-known rules of trading: “Cut your losses short and let your winners run.” So how do you keep that rule and still allow for the noise of the market? You don’t! You need a way of identifying the noise of the market and trade when it is removed from price action so you get more low-risk, precise entries. A BETTER ANSWER: Stops go where you’re wrong When the reason for your trade no longer exits, then your trade should no longer exist. The best risk management is an excellent entry. For me, it’s always a Cycle High/Low. Email me to get info on my Cycle indicator at Barry@TopDogTrading.com Gives laser-sharp accuracy so risk is only the range of a bar to a bar and a half on every trade. Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.

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Apr 2018

16 min 25 sec

Many say there’s no such thing as a leading indicator. They even take pride is saying they only use pure price action and volume. I’m not sure why they think that’s so impressive: They say that all indicators are lagging and that they only plot what’s already been done in the market … and that’s true. But that’s also true of price action. And that’s also true of volume. So what is the leading indicator and why is it a leading indicator of what the market is likely to do in the future? The answer: Momentum is a leading indicator. Here’s why: Not magical, but mathematical. Example of you walking North (you could turn around and go South in one footstep) vs train going north (because of its momentum, it can’t turn around in the distance of one human foot step) In Chicago Floor example. What IS momentum? Velocity times mass. Speed of orders and volume of those orders. But volume of individual orders to find the whales. Is momentum always a leading indicator? No, nothing is, and so there are certain signals called “momentum shift signals” that are the only times we have a high probability indication of what the market will do in the future. Many momentum indicators to choose from. Email me at barry@topdogtrading.com and ask for my Cycle Indicator. Make sure you mention that you heard about this on the podcast. I’ll get that info to you for free: Live webinar Video Depending one when you’re listening to this.   Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results.. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.

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Mar 2018

18 min 52 sec

Improving your trading with a New Year's Resolutions, or any other time! Marcus Lemonis, star of CNBC's "The Profit," doesn't wait until the beginning of the year to make resolutions: "I don't know that I make specifically New Year's resolutions. I think I typically make a new resolution when something bad happens or I have a failure or something doesn't go the way I think it should," "I almost have this reset and I don't use the calendar year as a time to do that. I use a mistake that I've made or a decision that I made that didn't go right as a time to do that." According to Psychology Today, New Year’s resolutions can make some people feel depressed, unnecessarily stressed out, or disappointed in themselves. WHY? Because most use New Year's resolutions as “goals” and big ones because they have the target of one year in advance. That's too long to wait for a reward, in order to keep a person motivated Should your goals (resolutions) be "big" or “realistic?” You need BOTH. Your long-term goal is your resolution. Your short-term realistic goals are habits. Long Term: Big goal required for inspiration (not motivation) to fill you with the energy of EXCITEMENT. How excited are you about that goal? Does it get you pumped up with energy? Or are you okay if it doesn’t happen? Short Term: Trading examples: Improve your win/loss ratio. Improve your risk/reward ratio. Cut out a bad trading habit: Over trading. Removing your stops when they’re hit. Taking profits too soon. Best way to do all these things and more is to get my Free “Top Dog Trading’s Top 10 Trading Rules for Success” and work on one rule per month. Go here to get it for FREE: http://www.onlinetradingtowin.com/tenrules Realistic on the day to day basis. Need quick wins – this is what keeps you motivated. Write down all roadblocks that could occur and how you’ll deal with them. Need accountability. Get a partner you report to every day that you did or didn’t do your habit. Make sure it’s someone who will hold you accountable and not just say “that’s okay.” Not a "mommy," but a drill Sergeant!   Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results.. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.

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Feb 2018

24 min 15 sec

Which is better? Day trading or swing trading? Each has advantages and disadvantages. Here's a comparison chart to help you decide which may be a better fit for you: DAY TRADING DEFINITION: In and out during open outcry hours. Use intraday charts. SWING TRADING DEFINITION Hold 2-14 days. Use daily and weekly charts. DAY TRADING ADVANTAGES: No overnight risk. Overnight you have peace of mind. Can compound your money faster. DAY TRADING DISADVANTAGES: Requires a good attention span. May need a larger account if trading stocks. Ask your broker about the pattern day trading rule. May be more stressful while you’re trading. Need to be “quick on the draw” and make decisions fast. Can lose money faster! Can rack up commission costs faster. Can’t do it during your “day job.” Exceptions: Spot Forex. Trading before work. Need better (more expensive) technology. Computer Internet connection Software Execution platform SWING TRADING ADVANTAGES: Can do it whenever it fits into your schedule. Can take time to analyze the charts and other factors and make decisions in a more relaxed manner. May be less stressful during the day. Good attention span not required. Don’t need the best technology so less expensive overhead cost. Can profit big from overnight moves. SWING TRADING DISADVANTAGES: Potentially make less money in the same amount of time (assuming success). Trading options can help you compound your money faster. Exposure to overnight risk. Overnight you may have trouble relaxing when you’re not watching your positions. Smart to hedge with options. May need a larger account because of the larger risk per trade based on the range of daily bars. Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results.. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.

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Dec 2017

22 min 19 sec

In today's episode I interview my friend Fausto Pugliese from CyberTradingUniversity.com Fausto Pugliese was one of the original Day Traders of the early 1990s and one of the first independent traders to take advantage of the Direct Access Trading technology boom in 1987. He acquired a wealth of knowledge from years of hands-on experience, beginning in the trenches, working side by side with some of the most practiced and successful traders in the industry. After spending considerable time mastering the art and discipline of day trading, Fausto chose to start his own company to share some of his highly-sought-after wisdom. Fausto is the 12-time champion at the World Traders Challenge, and is the author of "How To Beat Market Makers At Their Own Game – Uncovering the Mysteries of Level III." Here are just some highlights from the interview: Why he likes day trading. How to get an edge in trading using Level III. The difference between Level II and Level III. It makes a huge difference to have the right type of brokerage firm. Why trades pre-market. Why you must invest in the BEST tools to be successful in trading (hint: not the "free" tools). High Frequency Trading (HFTs). The biggest fallacy is that no one makes money trading, because many people do. Why it's important to be a self-empowered trader and not rely on others for trading signals. Why you need to watch "Iceberg orders."   Fausto's favorite book: "How to Beat Market Makers at Their Own Game" by Fausto Pugliese. "The SOES Bandit" by Harvey Houtkin. Fausto's favorite quote: "Losing money is a good thing because you know you lost it and you won't do that again." Fausto's favorite trading resource: Level III Quotes. Nasdaq Trader. Fausto's Special Offers:  Live Online Trading Course: https://www.cybertradinguniversity.com/student-portal/go/fbc Tape Reading Crash Course: ctu.co/trial   Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results.. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.

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Dec 2017

39 min 33 sec

When learning a new trading method, stick to it exclusively without adding anything else you’ve previously learned. I see this when students send me their charts and there’s lots of other stuff on the charts. Therefore they are not trading my method. They’ve created their own hybrid method and I haven’t tested that. Educated Amateurs Step one is to “unlearn” Beliefs in mind:a. Trade in direction of trend of the longer time frame. b. Overbought and oversold. c. Trend is higher highs and higher lows Habits in Behaviors Common saying told in martial arts circles of people who’ve studied martial arts and then go to a new master. Tea example. Martial arts example.   Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results.. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.

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Dec 2017

21 min 26 sec

Is Bitcoin the Next Big Thing? CLICK HERE FOR THE FREE BITCOIN SPECIAL OFFER In the last episode I invited you to write me with your questions and the #1 question that came in was about cryptocurrencies. When you think of cryptocurrencies, most people think of Bitcoin. But there are 1,000s. I’d say 95% of them are ripoffs, or at least junk. Ethereum and Litecoin and a handful of others may have some future, but the big daddy is Bitcoin and that’s what the world is rallying around. I wasn't an early adapter of Bitcoin years ago, but now my opinion is that Bitcoin is not only here to stay, and we may be at the BEGINNING of a financial revolution: The CME Group, set a date this morning for the start of bitcoin futures trading – Monday, Dec. 18 The Chicago Board Options Exchange plans to launch its own bitcoin derivatives trading early next year. John Deters, chief strategy officer of CBOE told CNBC: "We've really come to the conclusion recently that that cryptocurrencies are here to stay." CBOE Futures Exchange announced it’s filed a product certification with the CFTC to offer its own bitcoin futures trading. It too hopes to be underway by the end of the year. LedgerX won CFTC approval to offer swaps and options on Bitcoin. The New York Stock Exchange began a real-time index that tracks the valuation of bitcoin. In an announcement on Wednesday Nasdaq said it will launch bitcoin derivatives products in the first half of 2018. PayPal cofounder told FOX Business that bitcoin is "very underestimated." PayPal announced a partnership with Coinbase to allow merchants to accept Bitcoin in place of US dollars. Amazon.com has registered at least 4 cryptocurrency-related web domain names, including "AmazonBitcoin.com" Bitcoin is uncorrelated to any other asset. Funds may add some bitcoin as a non-correlated hedge to smooth out volatility in their portfolio. So yes, I'm now personally convinced Bitcoin is not only legitimate, and here to stay, but I believe we're at the very BEGINNING of what could be astronomical growth. BITCOIN SPECIAL OFFER: If you think it’s right for you, then you may be able to earn an EXTRA 10% on Bitcoin! I setup my Bitcoin account through Coinbase because they are the leading Bitcoin platform and the first regulated bitcoin exchange in the United States. Coinbase is also the company that the NYSE uses to base its valuation of the NYSE bitcoin index because of Coinbase's commitments to transparency, security and regulatory compliance. HERE'S HOW YOU GET YOUR 10%: Buy or sell $100 of digital currency (or more) through Coinbase, and you and I each earn $10 of free Bitcoin! (yes I have a financial incentive, but you get the same benefit I do). If you buy or sell more than $100, you still only get the $10 of free Bitcoin, so the "10 percent" is based on a transaction of exactly $100. That’s a high percentage, so as the price of Bitcoin goes up, Coinbase my end this promotion. Also please note this offer is not available in all countries. Bitcoin is VERY speculative and may be very risky. I'm not giving any specific recommendation as to whether you should invest in it or not. If you do want to invest in it, then only use money that you could afford to lose. You also need to know that bitcoin is extremely volatile. It’s made short-term swings of 20 to 30% or more so if you don’t have the stomach for that, it may not be for you. But if you have an extra $100 and you're already thinking about dipping your toe in Bitcoin, then this may be a good extra bonus to get you started. CLICK HERE FOR THE SPECIAL OFFER There are limitations, so please be sure to read those once you get to that page. http://www.onlinetradingtowin.com/bitcoin10    

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Dec 2017

14 min 49 sec

TECHNICAL ANALYSIS HERESY OF THE DAY: Don't trade in the direction of the trend of the higher time frame. What do I mean by multiple time frames? The traditional teaching. Why that isn’t “optimal” Why you could get away with it in the past. Why you can’t get away with it now. My “heretical” teaching. Use momentum instead of trend on the higher time frame to confirm your trade on the lower time frame.   Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results.. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.

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Nov 2017

20 min 17 sec

In today's episode I interview long-time stock trading friend Ken Calhoun from "Trade Mastery." Ken day trades and swing trades, looking for stocks that are breaking out with strong moves. Ken Calhoun is the president of TradeMastery.com and StockTradingSuccess.com (with Steve Nison). Having provided online training to active traders from over 32 countries since 1999, he is an internationally published trader who’s earned industry acclaim for his professional trading systems. Mr. Calhoun has been featured in leading trade publications and events such as Technical Analysis of Stocks and Commodities magazine, Active Trader magazine, Equities.com, TheStreet.com, Equities.com and CBS MarketWatch.com. He is a graduate of UCLA and has traded millions of dollars of stocks, ETFs and more during his active trading career. Here are just some highlights from the interview: The P&L is the best "indicator." How he day trades and swing trades equities. Which days of the week he finds his best trades. The qualities he looks for in a good stock trade. Why "getting paid" is the most important aspect of trading. When he holds a trade overnight and when he doesn't. The ONE trade setup that he would trade if he could only trade one strategy. Why he enters on chart patterns but exits on the "P&L." Ken's favorite book: "Beyond Candlesticks" by Steve Nison. Ken's favorite trading quote: "Trade wide, not deep." Ken's favorite trading resources: eSignal www.Finviz.com Ken's Special Offer: Ken's Free Saturday Trading Webinars: http://TradeMastery.com/free/ Ken's web site: http://trademastery.com/   Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results.. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.

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Nov 2017

29 min 28 sec

My very first guest to be interviewed on this podcast is Etienne Crete from "Desire to Trade." He swing trades the Forex market, watching 15 pairs on multiple time frames, with an emphasis on looking at significant support and resistance zones and Bollinger Bands. His initial interest in trading began as a university student and he shares with us the biggest lessons he learned during his 2 year journey to becoming a successful trader. Here are just a few of the things discussed in this episode: Focus on the process, not just your expectations. How he incorporates his trading style with his lifestyle and love for travel. "The best winning strategy you can write on a napkin!" Why trading on an iPad didn't work well for him. After interviewing nearly 100 traders on his "Desire to Trade Podcast," what he found they all have in common. What pivotal event turned his trading around. Etienne's recommended books: "The Daily Trading Coach" by Brett N. Steenbarger. "Psycho-Cybernetics" by Maxwell Maltz His favorite trading tool: Using Trello.com to post his trading journal. Get more information here: https://www.youtube.com/watch?v=GyeFNCfomOA Special Offer: His Free One-Page Trading Plan Template: https://www.desiretotrade.com/topdogbonus Etienne's web site: https://www.desiretotrade.com Etienne on social media: https://www.youtube.com/c/desiretotrade https://www.facebook.com/groups/desiretotrade https://twitter.com/desiretotrade   Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results.. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.

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Nov 2017

37 min

Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results.. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.   Need a big “WHY” for your trading Example of being in class and asking instructor what value we bring to the world as traders. > Debt Relief: house, car, credit cards, loans. > Retirement Security. > Financial freedom (time, travel). > Pay for your children’s education. > No income cap – true and total prosperity > Mental and Health: stress relief, clear mind peace of mind, happy spirit sense of security SOMETHING BIGGER THAN YOURSELF > Give to your church, favorite charities. > A business you can share with your kids. FOR ME: Seva.org - Write check manually.

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Nov 2017

20 min 57 sec

Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results.. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.   Feedback loops. Need a person outside of yourself. Here are 3 ways to do that: Can be a friend. They hold you accountable, but not necessarily better than you to actually help you. Can be a trading room. You watch their trading, but you really need someone to watch YOUR trading. Makes you dependent. Only security is to have a skill you own. Be self-empowered. Can be a coach. Only way this works well is if they look at YOUR trades and give you the feedback.  

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Oct 2017

21 min 32 sec

Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results.. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.   Trading Logs and log your mistakes. “Trading is simply a business of not making mistakes.” Examples: Look for patterns. Once or twice means nothing. It’s very personal, you have to find YOUR patterns. You normally have a general awareness of these things, but we want to bring them from the back of your mind to the front of your consciousness. Transfer from Daily log – to weekly log – to monthly log.

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Oct 2017

27 min 13 sec

Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They're also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results.. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.   Trading Logs Write down patterns on 2 things: How you felt. Confident. Stressed. Anxious. Mad. Just a little uneasy. What you were thinking. Self talk specific phrases: “This looks good.” “This has to work.” “This looks toppy.” “This can’t go any higher/lower.” “I’m gonna try this.” “Let’s see what happens.” Look for patterns. Once or twice means nothing. It’s very personal, you have to find YOUR patterns. You normally have a general awareness of these things, but we want to bring them from the back of your mind to the front of your consciousness. Friend: Every time he took a trade: “Yeah, this probably won’t work.” Next episode we’ll finish this 3-part series on trading psychology with the most powerful technique I’ve ever found for turning a trader around from being non-profitable to being profitable.  

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Oct 2017

20 min 34 sec

Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They're also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results.. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.   Many traders will tell you that the psychology of trading is more important than the trading method you’re using. WRONG! Others say trading psychology is equally important to the trading method you’re using. AGAIN, WRONG! Your trading method is the most important thing because … Having said that, it’s not either/or, it’s both/and. But it’s isn’t a chicken and egg scenario. You need a statistically viable trading method BEFORE your trading discipline even comes into play. You could be a perfectly disciplined trader, and keep your rules with absolute 100% perfection, but if your trading rules don’t give you a probability scenario over a large number of trades, you’ll be a perfectly disciplined losing trader! My trading room example of watching amateur traders. This is part 1 of a 3 part series.

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Oct 2017

19 min 49 sec

Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They're also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results.. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.   This is a follow up from the last episode where we discussed the fact that OB and OS levels on indicators such as stochastics, RSI, and other bounded indicators are NOT actually OB and OS. In fact they’re the exact opposite! This is also true of Bollinger Bands. Yet I see traders using them as a type of OB, OS signals, essentially using them as Support and Resistance Levels. BB are not S/R levels. Most purely they measure volatility. Here are 3 ways to trade Bollinger Bands correctly: Can be used to look for a directional move. If price bars hit the upper BB that’s a bullish signal, not a resistance level. What’s best is when at the same time the LOWER BB line is angling down. In other words, the 2 BBs are moving away from each other. BB squeezes are good. Volatility Cycles. BB breakouts are good. But wait for a momentum shift against the move. Scalp trades Work because so many traders got in, more are not willing to come in now because they’re “late to the party.” Filter: But only trade them in the direction of momentum on the next higher time interval. Ideally I like a 1:3 ratio between the 2 time intervals. I’ll do a separate episode on how to trade multiple time intervals.

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Oct 2017

16 min 39 sec

Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They're also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.   What do you think of when use the terms “overbought” and “oversold?” Can’t go higher or lower. That’ WRONG. Not only is it wrong, but the truth is exactly the opposite. This is one of the reasons you’re getting stopped out all the time. You think all types of conspiracy theories: Brokers trading against me. Market makers know where my stops are and are taking them out. No, the actual reason is that when you trade OB, and OS signals, you’re actually trading AGAINST the dominant momentum of the market! Common indicator: Most oscillators are bounded. Common examples are RSI and stochastic: Stochastic When the indicator gets below the OS line and crosses above it. Because after gets above OS then, it’s out of the OS territory and into bullish territory. When K crosses above D. The heresy of this: The extreme levels actually are strength signals in that direction. When it gets “OB’ more likely to go up after that. When it gets “OS” more likely to go down after that. Professional traders know about stochastic pops and stochastic poops! WHY is this? These particular indicators, such as RSI and Stochastics have 2 important characteristics: They’re bounded. Remember, indicators are math equations. Mathematically they’re only allowed to go from 0 to 100. They measure “momentum.” Momentum is the strength of the market. So … let’s take stochastic for example. The first time that stochastic goes from the top of its range down to 0, is actually the MOST bearish momentum signal that George mathematically allowed the indicator to map on your charts. BUT what happens in many people’s trading experience is they’ve been taught to BUY, thinking it’s bullish, when actually it’s not only a BEARISH signal, but is the MOST BEARISH signal the indicator can give you. Then the market continues down after they buy, they get stopped out, and then the figure their broker is trading against them or the market makers are hunting their stops. NO! It’s simply that they’re trading against the dominant money flow of the market. Another one to be careful of is Bollinger Bands and on the next episode I’ll give you the inside scoop, and the way most traders trade it exactly wrong too.

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Oct 2017

13 min 45 sec

Because this podcast is brand new, I’m going to be extra generous and give you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These Top 10 Trading Rules came from the street – Wall Street to be exact! These are 10 things I changed in my trading to become successful over the last 50 years. Yep, you heard that right, I’ve been trading for 50 years. These are also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new. Some say don’t use indicators because they’re all lagging. These are the people who usually brag about being purists because they just trade price action and volume. Price is not leading Volume is not leading In trading we’re trading what’s happening NOW – specifically looking for the balance of supply & demand at the moment you take a trade and then continue to monitor that supply demand, bar-by-bar, and when it changes, you exit. Trading with guys in Chicago and traded their method with my indicators. So how could I do that? What advantage did my indicators give me over them. First let’s be clear what they they don’t do: They’re not magical. But they aren’t “Money Makers!” So no one indicator makes you money. They’re not magic, they’re math. So never wrong. They map things on the chart, create easy to identify patterns, that are easier for the average person than reading pure price action or reading the tape. We all get same readings. Software that identifies price patterns are notoriously problematic. Benefit is we can create rule based trading system with them. Trade objectively Take guess work out and stress out. Trade with precision and accuracy. So let’s bottom line this puppy. Money in trading technical analysis is made by watching 5 non-correlated energies. Of money flow. Non-correlated is the key. Not just 5 indicators. What the indicators are mathematically measuring is the Money Flow in the Market in Real Time. We’re not pretending to predict the future. We simply align our positions with the dominant money flow of supply and demand. You’ve heard, the common advice about living our lives: “go with the flow.” Good advice. In trading, we do the same thing, but we “Go with the money flow” of the smart money. I call it “hooking your wagon to the whales.” And indicators give you a mathematical measurement of the dominate direction and strength of the money flow right now – at the time you take your trade. Because it plots or maps the dominant money flow on a chart for easy pattern recognition, it’s easier for beginning and advanced traders to use, reduces the subjectivity of reading pure price action and in turn reduces mental overwhelm and stress.

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Oct 2017

17 min 36 sec

Because this podcast is brand new, I’m going to be extra generous and give for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These Top 10 Trading Rules came from the street – Wall Street to be exact! These are 10 things I changed in my trading to become successful over the last 50 years. Yep, you heard that right, I’ve been trading for 50 years. These are also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.   Welcome my friend to our very first podcast. Sometimes new podcasts begin by introducing themselves and telling their story. Let’s take a different approach and jump right into the meat and potatoes – my apologies to you if you’re a vegetarian. So what’s THE #1 secret to becoming a successful trader? No magic moving average No magic price pattern No magic market No magic time frame No magic indicator So what’s the secret? You’re probably not going to like it, but I’m committing this podcast to sharing with you what you need to hear, not necessarily what you want to hear. Yeah, I’m sure I’ll make less sales than my competitors, but you know what, I’ll have fewer, but more successful traders than them, and that’s my goal. A small group of wildly successful traders. And you know what, you may even decide you don’t want to trade after hearing this. If so, well God bless you and the horse you rode in on. I’ve just saved you a lot of time, money and disappointment. Okay, enough of that, let’s get to it. The secret to successful trading is the same secret to success in anything. I’ve heard this quote from a lot of famous people, so I’m not sure who said it first, but here’s what it is: “Successful people do what unsuccessful people are unwilling to do.” The operative word … In training traders for a couple decades now, I’ve identified 10 mistakes they tend to make over and over. In fact, I used to make these same mistakes, so I recognized them in myself from my early years of trading. But it all comes down to behavior. Behavioral finance if you will. Some people complain that most traders don’t make money, and that’s true. But that’s true of any business. SBA NFL So what are the things that unsuccessful traders aren’t willing to do? Get an REAL trading education. Not free on the internet. Go through the process of mastery “just give me a simple system that can just make me $100/day. Going from $0 to $100/day consistently, it 100x harder than going from $100/day to $1,000/day. Process of mastery: Bruce Lee: Before I learned Kung Fu. In trading I’ve come full circle No proprietary indicators, expensive software, etc. Reduced it all down to just 5 steps. Masters use “feedback loops”  – track your mistakes. I’ve help traders turn their results around by not adding things, but by simplifying things. By subtracting things. Don’t make it harder than it has to be. Trading may not be easy, but it is simple.

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Oct 2017

23 min 51 sec

As the author of "Trend Trading For Dummies" (Wiley), I distilled the principles of trend trading to a simple formula. However day trading, swing trading and investing requires knowledge if you're going to be successful. Here's how trend trading can help you become successful in your trading.

Jun 2015

15 min 25 sec

Day Traders biggest challenge is often trading too many low-probability trades.As day traders we love to trade, so it's hard to hold back and wait for the best, highest probability setups.This second of a two-part series provides you with practical down-to-earth specific techniques (tested on myself and hundreds of other traders) to overcome over-trading once and for all ... leaving you trading only the best, most profitable trade setups.

Jun 2015

17 min 8 sec

Day trading practical down-to-earth specific techniques to stop over-trading once and for all ... helping you take only the most profitable trade setups. Part 1 of a 2 part series.

Jun 2015

14 min 17 sec