We recently received this question and thought that if one was confused then there may be others confused as well. Hopefull this will help clear things up.
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
How to use two confirming indicators |
X |
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How to trade with indicator signals not price movement |
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How to do Simulated trading |
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Learn how to trade with Indicators so you can trade all of the currency pairs. |
X |
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How to do demo trading |
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How to trade in multiple time frames |
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How to take more profits per trade |
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Learn where to set a stop loss |
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Learn How to Identify a trend |
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Learn how to trade in the present not in the past trying to predict the future |
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How to spot break out moves and how to trade them |
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How to trade a side ways market |
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Get additional entry signals |
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Get additional Exit signals |
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How to deal with their emotions, greed, and pocket book |
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How to trade the NEWS in relation to the trend |
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Money Management |
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How many lots to trade with |
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When to start trading live |
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How to use multiple signals |
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Indicators |
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X |
time Frames |
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How much information to analyze |
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Candlestick movement |
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Learn New trading Patterns |
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How to create a trade journal that works if you use it. |
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Get trade journal sheets with instruction of how to fill them out |
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How to print out the details of the trade |
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How to spot trading strengths and weaknesses |
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Do all of the above in small amount of time |
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Risk Management |
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How to group currency pairs to save time and find more trades |
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How to make a trading plan and why |
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Learn how to do visualization trading |
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Learn how to trade by spending less time in front of the computer |
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JS is a little 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 look for the trend on the 4 hour charts on 6 to 10 currency pairs. I have our alert program running then I look at the charts when I have an alert that is signaling that there is a potential trade. When the alert goes off I check to see if the move looks strong enough to take. 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.
The alerts will be released soon for those who would be interested in not staring at their computers for hours at a time.
Before we developed the alert I would look at the computer every 30 min to see what was happening.
Sometimes I trade the smaller time frames for fun and a little quick action so I look for the trend on the 15 minute time frame and enter in the direction of the trend on the 5 minute charts for a quick 5 or 10 pips.
I hope this helps.
Kirk