A message from John Needham…

by John Needham
(01/25/2010)

In Part 2, I am going to show you how to set your risk on entry for each trade and how to manage your stop loss orders once the trade has been elected. Other than trade selection, there is nothing more important than risk and stop loss management in trading. A good stop loss management regime will turn almost all losing trades into winners. Since I released the T.03 program to members 20 months ago, the trade signals have consistently produced an 86% win rate in both futures and forex and the new T.03 PLUS signals have been matching that strike rate even though the new PLUS program generates almost 4 times as many trades.

Much of that success rate comes from the dynamic stops regime that I use, and on Tuesday, I am going to show you this technique and a few others. In addition, I will talk about the high probability targets for the T.03 PLUS trade signals.

Please note that when you register on the link above, the registration page will give you the option of selecting your own time zone. Make use of this feature so you don't miss the webinar.

Part of the webinar will be recorded but if you want it all, make sure that you are there on the day.

Risk and stop loss management may sound boring. When I was a new trader, a quarter of a century ago, I was dismissive of these topics, believing that good enough trade selection would get me there. If you are very good at this game, it will. But knowing how to manage your stops, will eliminate those losers that eat into first your trading account, and then your confidence.

Once you know how to manage risk and stops, your trading world will be a different and beautiful place.

And your equity curve will go parabolic! As an appetiser, take a look at the T.03 forex model account under the Forex tab at left. This account was traded in real time by one of my students and the signals and results were posted contemporaneously for all to see at this website. It is completely accurate other than slippage. That account had no compounding. Put those monthly returns into a compounding table and you will be amazed. And we get the same results in the futures markets.

These are the tools you need to take your trading to the next level.

Try our Free Danielcode Trial and learn how to trade so you can get these resultstoday!