CM Traders

CM RoadMap: typical intraday price reaction


Typical long & short trade entry + pretrade measured price objectives
for CM Trades

=============================

CM Public Videos
Youtube videos page link here

CM RoadMap: YouTube Video link here
CM Dynamic Pivots and TrendBender: YouTube Video link here

============================

Truths About Trading
Years after the day I started trading when it dawned on me that much, maybe most of what is held out to be solid trading info is false. Trading is a simple (but not easy) combined act of the following…

  • believe what you see => trust the system
  • focus on risk/loss control at ALL times
  • minimal trades are always preferred (resist over-trading)
  • determine where/when price direction exists (trend)
  • determine where/when sideways chop exists (avoid)
  • identify key turning points on your chart (resistance and support)
  • develop a method of trade entry around these key S/R zones
  • determine a risk-loss limit balanced between $$ amount and price behavior
  • determine a profit-objective plan based on $$ amount and price behavior
  • set a daily max-loss limit based on $$ amount and price behavior
  • select a daily profit-objective based on $$ amount and price behavior

That’s the equation. Pretty cut and dried. If and when you manage to put all of those pieces together, then you have a long-term winning = profitable approach.

Trading “Systems”
Unfortunately the term “trading system” is misleading and misused in our industry. The literal meaning of that is for a black & white, rigid set of rules for trades entry/stop/exit parameters. For a whole lot of practical and fundamental reasons, bonafide trading “systems” do not work on the retail trader level over a sustained length of time. Period, end of story.

CM Methods Of Trading
The good news is you can have a defined set of structured guidelines and parameters to base your personal choices for trade entry, stops management and chosen profit exits. All of those equal parts to a trade’s execution can be defined in objective fashion. Each and every trader who knows this method of trading will see the exact-same thing while using identical charts.

Of course the reality is that traders will use various charts with various settings for various market symbols. This is what ensures that any method or approach cannot be rendered worthless due to trader “saturation” where too many market orders in the same exact price location would overwhelm said market. The ability for each trader to personalize his or her charts and approach is the fundamental reason why those traders can use the same approach with similar charts for similar results overall.

CM Trading Program
[not available to the public]

Best Trading Wishes,
Austin
austinp@coiledmarkets.com

———————————————————————————————————

U.S. Government Required Disclaimer Commodity Futures Trading Commission: Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options.

No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY, SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

Testimonials appearing on this site are actually received via email submission. They are individual experiences, reflecting real life experiences of those who have used our products and/or services in some way or other. However, they are individual results and results do vary. We do not claim that they are typical results that consumers will generally achieve.

Posted in About Us, Trader Talk | Leave a comment

Today’s Markets

I haven’t kept current on blog posts here for one main reason: apathy. Not mine… I mean the general retail trading industry overall. If you frequent the popular (remaining) trader forums and blogs you have likewise noticed a sharp decrease in posts now compared to years past. There is a simple reason for that: lack of active retail traders.

The fact is there are likely fewer individual traders active in any/all markets right now than any time prior in the history of electronic market access. There are a number of factors=reasons for that but the overall fact remains as stated. Which is why so many blogs went dark, a majority of subscription “live rooms” and free chat rooms are gone. Overall retail-traders contraction.

I still get emails asking me if I run a live-room operation, if I offer “free trials” etc. Must be old habits do actually die hard when it comes to the trading world, too <lol>. The answer is both of those genres are out-dated, dead and gone forever. Not nearly enough active trader participants to support such venture for anybody. And I doubt there ever will be again.

Never again in the history of ever will I attempt any live-room effort. Nothing I’ll ever do in the future will include any sort of “free trials”. Those proverbial ships have sailed and fell off the edges of earth to be lost at sea, forever 🙂

IF (big “if” there) I ever do anything in the trader-education to come, it’ll be geared towards individual mentorships. But as for right now, I’m not offering anything to anyone. In the future I’ll most likely post more real-trades documentation inside here, too. But not for awhile, certainly no sooner than late September or beyond.

For now I’ll idle the updates here as there is no real point in repeating the same things day after week on end. Markets go up or down thru the CM RoadMaps intraday profiles, we work the CM Trades signals in harmony with that, and stick to the program. Simple. But never easy. Because trading is never easy when it comes to self-management and mind games. As you have no doubt discovered long ago on your own.

So with that, I hope you enjoy what’s left of this summer and into the early fall. As Arnold so famously quoted in movie-script past, “I’ll Be Back” 🙂

See You Inside
Austin
austinp@coiledmarkets.com

Posted in Trader Talk | Leave a comment