Monday, June 13, 2011

Adam H. Grimes Seminar on Entry Techniques. $study

Very interesting seminar. This is about one hour long , but took me about two hours or more to listen since its very rich in interesting trading statistics/observations that I had to keep stopping/rewinding so as to write down salient points such as:

- Only 4 types of trades exist really. (5 minutes 30 seconds)
- Difference of and proper use of "TippingPoint" and "Scaling In" entries. (10 minutes 20 seconds)
- Clarification/consistency of your time-frame. (19 minutes 30 seconds)
- Relation between the open and the day´s range. ( 34th minute )




Note that he is a swing trader, not an intra-day trader...trades based on daily bars...but honestly a lot if not all that he says can be "brought down" to a lower time frame.