Who it’s for
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Traders with any size account — whether it’s $5k or $5mm — who trade equities, futures, options, or forex
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Traders who want a simple, proven trading plan to find, enter, and exit higher probability pullbacks without getting caught buying a dip that turns into a crash.
Originally recorded live May 24th – June 9th 2022.
Course outline:
Part 1: Building a reliable foundation
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10 Principles of successful trading
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Defining your edge with Market Pullbacks
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How To Survive Highly Competitive Markets even as a part-time trader
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The Evolving Markets
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Small Edges For Big Results
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How to profit when there is no “free lunch”
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What Matters In Trading
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Position Sizing Principles
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How To Train Your Psychology To Win
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How To Think About Probabilities
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The Secret To Long Term Sustained Success
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What we’re looking for in good pullbacks
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The Anatomy of a Pullback
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How Trends and Pullbacks Relate
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How To Enter A Different Points In A Trend
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Examples of bad pullbacks
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5 Mistakes traders make in pullbacks
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The sweet spot to enter and avoid being too early or late
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Proper sizing for controlling risk
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When to exit and how to avoid holding too long (aka “greed”)
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Taking pullbacks after climaxes (FOMO)
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Ignoring failures on entry
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Current market opportunities from the day/night before. All markets and timeframes.
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Live Q&A
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Day 2: Trends and pullback variations
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Trend structure and pullbacks
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How to navigate the “impulse waves” of the market
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How momentum impacts your pullback trades
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Misconceptions about divergences
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How trends begin and develop
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How trends end and why this matters
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What happens after a pullback?
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Examples of both winning and losing pullback trades
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Current market opportunities/examples
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Homework
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Q&A
Day 3: Sizing and trade selection
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Thoughts and principles for sizing
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A quick look at “the trading questions”
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Quick overview of different approaches to sizing
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How to use fixed fractional sizing
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The connection between risk and stop location
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The lies of the trading community on “low risk”
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Using R to manage trades
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Reviewing the connection between stop location and risk
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Choices for the initial stop
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Choices for exit
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Finding the best pullbacks
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Putting everything we’ve learned into operation
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Screening ideas for stocks
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Intraday triggers
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Homework
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Q&A
Day 4: Entry techniques and using options
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Using options with pullbacks
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Tradeoffs and opportunities
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Managing time decay
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Verticals
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Holding period
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Moneyness
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Entry techniques
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“Go with” entries
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“Countertrend entries”
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Scaling in
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Using indicators to help time entries
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Homework
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Q&A
Day 5: What happens after a pullback trade & management
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Trade management
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Two broad categories: winning and losing trades
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Initial stop location (mostly already covered)
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Initial profit target location (also mostly review)
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Trailing stops vs “all-out”
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Scaling in
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Going from paper to real money
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Putting it all together
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Review of trades that set up and happened since the start of the course
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Q&A
Day 6: Putting it all together
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Recap of all the training
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Live Q&A
Sales Page:_https://www.marketlifetrading.com/pullback
