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I'm a trader, just like you. I've been trading the markets for 25 years. I've seen traders come and I've seen them go.
But what makes the difference between the ones who are successful, and the ones who throw in the towel? THEIR GAME PLAN!
Over the last two decades, I've developed and honed my trading "game plan",
and I use it myself every day as I trade.
MY GAME PLAN:
For the past 12 years I've been writing a market newsletter each day, "The RBI Trader's Updates", giving my "game plan" for the next trading day. I'm as specific as possible including Support and Resistance levels that I will be buying and selling against, which provides *you* with great trade set ups nearly everyday.
You might be wondering, "If your trading plan is as good as you say it is, then why are you selling it and not trading it?" Well, simply put, my work is 98% discretionary. I'm not a "system" trader, I don't follow a mechanical system. I watch and analyze the market every day. The market is always changing, and I have learned through experience that a computerized system cannot acclimate to changes as quickly as my brain does. I liken myself to the old ticker tape readers, hence my handle, "Tapereeder". Oh, and by the way, I *do* trade, every day.
By now you are probably asking yourself, "If he's not selling a "system", then what is he doing and why? As to why I write the newsletter, well, I don't like to blow my own horn, but I'm really good at what I do, and I like to show other traders what they can do if they just take the time to "listen" to the market...not some system.
Ok, still skeptical ? Are you wondering, "Who is this guy anyway, and
what makes him any different than the average day trading advisor ?". Again,
glad you asked ! Everyone has a story, and here's mine...
In 1979 I was attending a BIG TEN college on a full ride baseball
scholarship, and was being scouted by a number of Major League Baseball
teams. However in the summer of '79, while water skiing with some friends, I
had a diving accident that abruptly ended my chances for a career in
professional baseball.
One day my dad brought me the Wall Street Journal , pointed out the Options
page and said, "You can make a lot of money from a little if you know what
to do with those." My interest was piqued, so I got a book on Options and
how to read a ticker tape. Watching the ticker tape, I began charting on
paper, on 15 minute intervals, plotting prices. It really gave me a "feel"
for price action, thus began my obsession with the market !
In the mid '80's I happened across a mentor, Dick Diamond , an experienced
trader who helped me on my way. After a few years of "following" him on his
"morning market comment", I bought my first PC and some Options pricing
software, and developed a batch of my own indicators and patterns that give
low risk/ high profit potential opportunities.
I continued to trade OEX Options for the next 4-5 years, by the late '80's,
early 90's, I started day trading the big SP Futures and the NYFE ( tracked
NYSE Composite), which at the time was known as the "poor man's futures
contract.
Throughout the 1990's I participated in a number of Investment and Trading
forums, a couple being Prodigy Investment Bulletin Board, and GENIE (General
Electric). The advent of the internet, and the thirst for knowledge
displayed by fellow traders spurred me to put my market observations into
print.
Through perseverance, drive, and hard work, in 1996 I started writing my
daily short term trader update that has since grown to a wide readership.
NO FLUFF, NO FILLERS...JUST CLEAR, CONCISE, EASY TO PUT TO USE
TRADING STRATEGIES
FROM A 25 YEAR VETERAN TRADER !
SIGN ME UP TODAY !
I'm ready to Day Trade with Confidence. Reduce my Risk. I want to take
Advantage of the Emotional Swings of the Market. I'd like to use your
Daily Support and Resistance Levels for Great Trade Locations ! I want
to start each Trading Day with a Game Plan, know the night before my
Trading Strategy for the next day... you've come to the right place !
TradeStalker's RBI Trader's Updates are for YOU !
SIGN UP NOW AND GET
STARTED !
Experience is the greatest of teachers. I made it through the
1987 Crash,
was active during the "Roaring 90's", and was one of the very few who
expected the 2000-2003 bear market. Through research, analysis, trial
and error, and just plain old hard work, I've mastered the tools
required to day trade successfully.
I'm inviting you to track my percentage of accuracy for *free*
for as long as you want with my "delayed" issue. You will receive your
free copy of my day trading newsletter and intra day updates 24 hours
after our members. And you'll also receive an
ADDED FREE BONUS! A PDF of my "Guide to Support and Resistance
Trading"!
Please note: "delayed" issues of my
intra-day updates and day trading newsletters are distributed on a
24 hour delay and are *free*.
After you've had a chance to check out my batting average, contact us
and we'll get you set up on "Real Time" so that you can put my knowledge
to work for you!
Free Unlimited Trial. Get Started Now ! Enter Email Below: To Read our Privacy Policy: Click Here
Sign Up Now and receive my valuable guide to Support and Resistance
Trading! - FREE!
Your privacy is important to us! Under no circumstances will we ever
give out your email address or any other information regarding you or
your account !
Everyday, just after the market closes, my planning for the next trading
day begins (while the "feel" for the market action is still fresh).
After an hour or so of thorough analysis, I put together my plan of
attack for the following day in print.
Get my outlook for the next trading day, along with the Support and
Resistance levels that I may be buying or selling against. These offer
great trade set ups nearly everyday!
In a nutshell, if the "bias" is bullish, then we will be buying
at support, and placing a protective sell stop just beneath the zone. Our
exit(s) are at the listed resistance zones. If the "bias" is bearish, then
we will be shorting at resistance (with a protective buy stop), and taking
profits at support zones. If the "bias" is neutral, then a trading range is
expected, and will use the "numbers" to trade both sides of the market. But
there is plenty of "meat" in each issue, explaining why the market is
expected to go higher, lower, or move sideways - thus allowing new traders
to "think like a pro" while offering more experienced traders added
confidence in their own market analysis.
This is an important point... the
support and resistance zones used are NOT just your standard Fibonacci or
pivot numbers you might be used to. There are other techniques used, and
combining these yields "clusters" of intraday support and resistance that
are both powerful and uncanny in their accuracy!
My subscribers have asked, "On a day to day basis you are so precise, to
what do you attribute your exactness ?" Well, I've studied the market
everyday for the past 25 years. I watch the charts from 1 minute up to the
weekly. I follow the DJIA, SP500, Nasdaq, Value Line, and Russell 2000.
I don't focus on price based indicators like stochastics and RSI much,
instead I study and analyze the charts. I follow the market internals ( Up
volume, down volume, advancing issues, declining issues, new highs, new lows
) very closely and I do use various indicators to follow the internals.
What internals indicators do I use? Several public domain indicators
such as the McClellan Oscillator and 18 day advance decline oscillator, as
well as many proprietary ones (like RBI) that I developed for myself. A few
are price based oscillators, however most are internal based indicators.
RBI = "Reed Buying Index". It is a
proprietary indicator based on the internals. The indicator has two
components - the RBI Signal Strength and the Buy/Sell gate. These two
components are used to generate RBI Buy Signals. When the Signal Strength is
less than 1.00 and the Buy Gate is open, there is an RBI Buy signal for the
next morning. We typically use a 1.5 percent profit target and 1% stop loss
(based on the SP500). We typically get about 4 to 6 of these per year.
I utilize standard Fibonacci methodology, prior tops and bottoms, trend
lines, congestion areas and several proprietary techniques. I watch multiple
time frames and, most importantly, look for "clusters" of support and
resistance.
Now, I'm the first to admit it when I'm wrong, (and that does happen once
in awhile) but I'd like to invite you to see how frequently that I'm right
on target. That's why I'm offering you to check me out for free for as long
as you wish as a "delayed" subscriber, and you'll also receive a
FREE BONUS!
My Guide to Support and Resistance Trading!
When you are satisfied that I'm for real, you'll want to have all the
advantages and BECOME A MEMBER so you'll receive your issues in time to use
the tools I provide each night to map out your trading plan. You'll be
confident each day when the opening bell rings!
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