Theotrade – Passage To Profitability: A Comprehensive Guide To Channel Trading
Learn how to generate consistent returns with this intraday curriculum in our online class
What You’ll Learn In Passage To Profitability: A Comprehensive Guide To Channel Trading
- How to discern the aims and temperaments among the different types of short-term traders
- How to distinguish between Channel Traders and other types of short-term traders
- Define the basics of Channel Trading including time horizon, risks, rewards, positioning and trade execution protocol
- How the market provides predicable or manipulated ranges for every stock, ETF, or index that you can use to generate daily returns
- Learn, apply and obey some of the all-purpose rules of Channel Trading
- Apply and adhere to your own personalized rules as it relates to your Channel Trading strategy
- Decide on a primary Channel technical indicator that will demarcate and drive the construct of your strategy
- Adopt a secondary set of technical indicators that are synergistic with your primary Channel Trading indicator
- Ascertain when and how to make adjustments to your Channel Trading indicator parameters to help optimize your performance results
- Develop trading disciplinary habits that are both financially and psychologically value-added
- Consider integrating Channel Trading as a subset of your overall trading strategy suite, or as a potential replacement to your principal strategy
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