30 Days to Market Mastery

A solid foundation for those looking to succeed in today's market An excellent book for new traders, 30 Days to Market Mastery outlines an easy-to-understand and easy-to-implement approach to learning how to trade. This book covers the fundamentals of how to structure trades in a disciplined fashion, so as to avoid vague decisions and acting on unclear trading signals. It also provides a number of strategies for entering and exiting the market in a way that maximizes the chances of making money and minimizes the potential for losing money. With this book as their guide, readers will learn the proper organizational, analytical, and behavioral skills that are vital to consistent success in trading. In 30 Days to Market Mastery each trading day contains a single lesson, and each lesson contains a quiz to help the reader master the material.

A solid foundation for those looking to succeed in today'smarketAn excellent book for new traders, 30 Days to MarketMastery outlines an easy-to-understand and easy-to-implementapproach to learning how to trade. This book covers thefundamentals of how to structure trades in a disciplined fashion,so as to avoid vague decisions and acting on unclear tradingsignals. It also provides a number of strategies for entering andexiting the market in a way that maximizes the chances of makingmoney and minimizes the potential for losing money. With this bookas their guide, readers will learn the proper organizational,analytical, and behavioral skills that are vital to consistentsuccess in trading. In 30 Days to Market Mastery each trading daycontains a single lesson, and each lesson contains a quiz to helpthe reader master the material.

Preface ix
Acknowledgments xi
Introduction xiii
LESSON 1, DAY 1 The Structure of a Trade 1
LESSON 2, DAY 2 Setup, Trigger, and Follow-through: The Basics9
LESSON 3, DAY 3 Seasonality and High-Odds Seasonal Setups 21
LESSON 4, DAY 4 The Seasonal Trigger 31
LESSON 5, DAY 5 Follow-Through 41
LESSON 6, DAY 6 Trading the Power Momentum Formula (PMF) 51
LESSON 7, DAY 7 Power Momentum Formula (PMF) Trigger 61
LESSON 8, DAY 8 PMF: Follow-through: Part I 69
LESSON 9, DAY 9 PMF: Follow-through: Part II 77
LESSON 10, DAY 10 Using the Moving Average Channel: Part I85
LESSON 11, DAY 11 Using the Moving Average Channel: Part II91
LESSON 12, DAY 12 Three Powerful Price Patterns: Part I 99
LESSON 13, DAY 13 Three Powerful Price Patterns: Part II 109
LESSON 14, DAY 14 Three Powerful Price Patterns: Part III117
LESSON 15, DAY 15 The Eight-Bar Open/Close Pattern and How toUse It 125
LESSON 16, DAYS 16-17 Understanding and Using theCommitment of Traders Report: Part I 133
LESSON 17, DAYS 18-19 Commitment of Traders Report PartII: Triggers 141
LESSON 18, DAYS 20-21 The Advanced 30-Minute Breakout forS&P and E-Mini Trading 151
LESSON 19, DAYS 22-24 How to Structure Your TradingPortfolio for Maximum and Consistent Gains 159
LESSON 20, DAYS 25-27 Diversification 167
LESSON 21, DAY 28 Putting It All Together 173
LESSON 22, DAYS 29-30 The Psychology and Discipline ofTrading 177
Index 195