Question:
Your site looks great and seems very informative. I was wondering what the difference is between
the Jump Start and Launch pad system that costs money? I’m sure there is value in spending the
money on the system, I am just looking for some more details. Also, can you map out an average
day for yourself using the system, times and such?
Answer:
Here are the differences
JUMP START
How to use two confirming indicators
How to trade with indicator signals not price movement
How to do Simulated trading
Learn how to trade with Indicators so you can trade all of the currency pairs.
LAUNCH PAD
How to do demo trading
How to trade in multiple time frames
How to take more profits per trade
Learn where to set a stop loss
Learn How to Identify a trend
Learn how to trade in the present not in the past trying to predict the future
How to spot break out moves and how to trade them
How to trade a side ways market
Get additional entry signals
Get additional Exit signals
How to deal with their emotions, greed, and pocket book
How to trade the NEWS in relation to the trend
Money Management
How many lots to trade with
When to start trading live
How to use multiple signals
Indicators
time Frames
How much information to analyze
Candlestick movement
Learn New trading Patterns
How to create a trade journal that works if you use it.
Get trade journal sheets with instruction of how to fill them out
How to print out the details of the trade
How to spot trading strengths and weaknesses
Do all of the above in small amount of time
Risk Management
How to group currency pairs to save time and find more trades
How to make a trading plan and why
Learn how to do visualization trading
Learn how to trade by spending less time in front of the computer
JS is a strategy to teach people to enter the market using indicators. LP is a complete
trading system for beginners. Some traders say they do not need anything else; others
would like to have our advanced product Nth Degree.
I trade mostly with the 4-hr 1-hr and 30-min time frames. I start looking at the market
at 6:00 am Mountain, 8:00 am Eastern. I will also Iook at the market again around 5 pm
to 6 pm Mountain, 7 pm to 8 pm Eastern.
I look for the trend or a change in anyone of the indicators on the 4-hour charts on 6
to 10 currency pairs. I use our alert program and let it monitor the charts on all the
time frames. When the alerts give me a signal I check the trend or change of an indicator
on the 4-hour and 1-hour charts, then I go to a smaller time frame or the time frame that
I received the alert and look for a 4 or 5 alarm trade
If there is not much happening by 9 - 10 am then I will go do other things away from the
computer. Some days I do not trade other days there are plenty of moves so I trade for
a longer time. While I am waiting for an alert to go off I do emails, write posts and
do correspondents.
By using our alerts I have all the trades I can handle. This makes it possible for me
to spend less time in front of the computer. I can trade when I have time, I don’t
have to waiting for the market to have a big announcement to trade.
Sometimes I trade the smaller time frames if there is nothing happening on the larger
time frames. I use the15-minute time frame to get the short-term trend and enter in
the direction of the trend when I see a 5 alarm trade on the 5-minute charts for a
quick 5 to 20 pips.
The same technique a trader uses on the larger time frames is used on the smaller
time frames. The size of the trade has to be adjusted. For the Larger time frames
expect larger numbers of pips per trade. For the smaller time frames expect smaller
numbers of pips per trade. Just look for the trend on the largest time frame you are
trading with and then enter on a 5-alarm entry signal on the smaller time frame you
are using during each trading session.
Before we developed the alert I would look at the computer every 30 min to see what
was happening.
I hope this helps.
Kirk