Description
Top Dog Trading System Momentum As a Leading Indicator | 1.67 GB
This Momentum Trading Course focuses on using momentum as a leading indicator, allowing you to enter trades early, ahead of the crowd. While the first course covered trend trading, it’s important to note that markets only trend about 20% of the time. The saying, “The trend is your friend until the end,” highlights this limited reliability. In contrast, momentum offers a more consistent edge, acting as a potential leading indicator that signals a shift in market energy before it becomes visible in price action. Despite its widespread acceptance, many traders misinterpret momentum indicators.
In this course, you will learn how to accurately read momentum, enabling you to trade in two additional types of markets:
- Contracting Markets: Position yourself before major breakouts occur.
- Trend Reversals: Enter trades before the new trend becomes apparent to other traders.
Building on the “energies” introduced in Course 1, this program adds more layers for greater confirmation and additional trading opportunities:
- Trend
- Cycles
- Momentum
- Support/Resistance
- Fractals
The strategy involves very tight stop losses (only 1-2 bars) to secure quick profits initially, allowing the remaining position to capture larger gains. This approach is versatile and can be used for day trading, swing trading, or investing.
6 Additional Trading Setups
By enrolling in Foundations Course #2, you’ll receive an additional manual and two bonus videos outlining six powerful trading setups, known as Dr. Burns’ “Freedom Trades.” These setups aim to deliver a strong reward-to-risk ratio:
- Trend reversals
- Simple trend retracements
- Complex trend retracements
- Long-term Mega-Trends
- Channel trading techniques
- Ex-Con Trade (detailed below)
Understanding these variations of the fundamental trend patterns taught in Course 1 will enhance your trading flexibility and open up more opportunities.
Introducing the “Ex-Con Trade”
This particular setup offers an exceptional reward-to-risk ratio, far surpassing traditional trend trades. The risk level is identical to that of trend trades, but the potential rewards are significantly higher. With the Ex-Con Trade, risk/reward targets can reach ratios like 1:5, 1:10, or even more, making it an ideal strategy for those seeking high reward-to-risk opportunities. This technique is also great for day traders, enabling them to enter at market open, hold through the day, and exit at close.
Additional Course Benefits
- Live Trading Sessions:
Two live trading videos are now included with this course at no additional charge, showcasing the application of Course 2’s strategies. Watch Dr. Barry Burns trade in real-time, allowing you to observe market dynamics as they unfold, which isn’t possible with static charts. These sessions demonstrate:- Trading reversals
- Entering new trends early to maximize gains
- Navigating consolidation phases
- Entering the market with precise timing
- Setting initial stops within 2 bars from entry
- Utilizing a trailing stop with pinpoint accuracy
- Additional insights not covered in the course videos or manual.
These live trading sessions provide practical examples and real-time analysis, making them invaluable for swing traders as well, given that the same principles apply. Watching these sessions offers numerous examples of trades within a short time frame, enhancing your learning experience.
For more details, visit:
Top Dog Trading Momentum Course