CM Traders

CM Public Videos
Youtube videos page link here

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

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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 (stop 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.

Trading systems do work very well for $100,000,000+ hedge-fund operations running modern High-Frequency Trading (HFT) algos. But not individual traders sitting at home, trying to compete with those at their own market-making game.

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 $calper Program: $497
Everything needed to know for consistent success.What we profile inside web posts and/or YouTube videos is what we teach. Simple, straightforward and effective for any & all active, liquid financial markets.

  • CM-$calper Interactive (home-study) Program
  • live intraday ES (S&P 500 futures) trading [6/01 thru 7/31/2017]
  • library of videos instruction for most popular financial markets
  • includes member’s only interactive website
  • charts setup for any (members) requested market/symbol
  • daily recaps posted of live trade examples
  • recaps of trade sequences for any market/symbol by membership request
  • unlimited Q&A (filtered) conversations
  • click the Buy Now link below and select payment option as shown
Registration coming soon

[after clicking on “Buy Now” link below, select PayPal payment option (top purple) section OR credit – debit cards, echecks options (bottom blue) section to proceed]

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Thank you for joining us, and I look forward to working with you inside
Austin
austinp@coiledmarkets.com

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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.

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Once In Awhile

From: EA <e1@yahoo.com>
To: Austin Passamonte <austinp@coiledmarkets.com>
Sent: Thursday, June 8, 2017 5:18 PM
Subject: The Truth Is

Hey Austin,

It’s been a long time.  Yes, I am still a trader.  I like your blog … “The Truth Is”.  Actually the truth is … you’re probably the only one out there willing to tell the truth.  There are exceptional days to trade.  The problem … I don’t know when.  And worse, if a trader wants to sit around and try to “wait it out” they will blow up their account or go crazy (probably both).

I have been at this for 17 years.  I have had 2 good years with the CL.  They came and went.  I am lucky to have support for my trading and an account that is still intact.  The CL had a 2 point range yesterday (which will get a lot of traders thinking the next inventory report MUST be a good time to trade).  Today it contracted to .80 or so.  Good luck with that.

I don’t know how many traders pick up on the finer details of your blog, but your thoughts about consistency are spot on.  It is the problem…PERIOD.

I once was a reader of magazines, books, Elite trader, Big Mikes etc.  Now … Coiled Markets and price on my charts … nothing else.  Keep the blog going … I love to read it. [E]

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From: “j@mindspring.com”
To: austinp@coiledmarkets.com
Sent: Friday, June 9, 2017 3:14 PM
Subject: CM-Team Comment

Hi Austin,

I’m simply checking in with my regular bi-monthly THANK YOU note to you for all of your hard work that you put in developing over the years and teaching your CM Strategies.  Thank you.  Your CM Strategies are without equal; far and away significantly above any other available.  Anyone who is unwilling to learn from you is simply a very silly aspiring trader. Thanks again. Hope everything is well for you and yours. Have a great and safe weekend. Best regards, [J]

Friday’s ES pit session was one of those recent “outlier”days. Price behaved technically sound as first the CM-RoadMap 233% up was hit to nearly the exact high tick, followed by volatile downside spills that hit each CM-RoadMap profile zone lower including the trend-ender 780% level.

Notice how price responded at each & every CM-RM level? That’s how normal price action behaves at these intraday profile marks.

But unfortunately, that was merely one out of five sessions for the week. Prior four days were nothing but a range-bound, chopped-up mess.

… which describes CL for once again four of five sessions last week. No range, no trend, no direction. Just whips, spikes and back-chop against every single directional spurt.

Can If You Like
Now I’m not saying all trading is 100% impossible across the board. I am saying that current market conditions offer nothing of any interest at all to me. No interest in trying to trade illiquid commodity symbols. No interest in trying to tick-bang the ES overnight or pit session for three-tick scalps. That’s not even possible without at least having a seat lease on the CME for rock-bottom trade costs. At-home traders paying +/-$4 turn cannot profitably scalp anything after actual trade costs deducted from “results”.

I don’t want to trade stocks, don’t want to trade options, don’t want to hold positions for days or weeks at a time during dead-drift conditions. Nothing exists right now that’s of trading interest to me personally, plain and simple. I’m not compelled to trade, I don’t feel the need to trade and I’m certainly not “addicted” to markets or trading. I could step right back into the action tomorrow or never place another trade and no difference to me either way.

Future market behavior/action in the big futures markets will dictate my future trading plans. For now I see all markets still on summer vacation, four days out of five on average. When three or four days each & every week mirror Friday’s stock market session, it’ll be game on once more 🙂

See You Inside
Austin

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