How To Beat The Odds By Using “Momentum”

What if you never had to second-guess yourself again? What if you always knew if you were looking for longs or shorts? Unfortunately, a lot of traders leave a lot to chance… the MAP Trading Strategy takes all of the guess-work out of trading! Check out this trading video to learn how to understand “Momentum” and “direction” in the market.

8 Responses to “How To Beat The Odds By Using “Momentum””

  • Rick L:

    Chris,

    Did you make this video specifically for me? Haha. I’ve really been struggling with this. Counter-trend strategies have really been kicking my butt. I can’t wait to get started with MAP!

    Rick

  • Bob K.:

    Is momentum the direction of the market or the strength of the direction in the market?

    Bob

  • Lee Sing:

    What kind of chart that is?? It look really smotth. I use 15 minute chart but goes very slow…

  • Rafael Machin:

    I know a few traders that trade right when news comes out. They say it’s ok to guess which direction the market is going. Why are you different?

  • admin:

    Thanks for the comment Rick!

    Bob, “momentum” is both the direction and strength of the market. We have very specific ways to gauge both.

    Lee, we use “tick charts” which are plotted by the number of transactions, not time. It could take 10 minutes for our 610 tick chart to plot or 10 seconds… it all depends on the speed of the market.

    Rafael, some traders do VERY well by watching and anticipating how the market is going to react to news. I only lose money when I try to guess… and I’ve found most traders are like me in that way. So, I don’t even bother with it. I just stick to my setups and do what I know… (That’s the REAL secret to trading!)

    Thanks for the comments and questions!

    Chris

  • Gary L:

    Support,

    What markets does your system work best on? I see results for the ES. Is that the only market your system is set up for? I also trade the TF. Will your system work on that market?

    The specific time frame that you utilize your system for any trading is from 9:30 am to 11:00 am? Your main concentration is trading in the morinig until 11:00 and then calling it a day, correct?

    Is there a money back guarantee or is that what the 5 day trial period is for?

    Does your software work on the NinjaTrader Platform? I see you are using TradeStation. Will the charts look the same on a different platform?

    Does your system utilize a trailing stop-loss once entered into a trade or do you manually lock in more profits as the market moves in your favor?

    How does your system pick the profit targets that you are trying to hit once entered into a trade? When you realize a trade is not going to hit your target but is profitable will you close out a trade early to preserve money in your account?

    For a $20,000 account how many contracts are recommended per trade? I know this depends on your confidence level in the system and your ability to pull the trigger???

    Thank you for all your time and help in advance. Sorry to bombard you with a ton of questions but, I’ve been around the block before with systems promising this and that and I’m tired of all the lies. Your 5 day trial period will be the determining factor in whether or not I purchase the MAP Trading system.

  • Chris Dunn:

    Hi Gary and thank you for your quetions… I’ll try to answer them the best I can here. Feel free to call my office or comment back if you have any other questions.

    Q: What markets does your system work best on? I see results for the ES. Is that the only market your system is set up for? I also trade the TF. Will your system work on that market?

    A: The strategy works on all E-mini markets and various other currency/equity markets too. We trade the S&P 500 E-mini because the moves are typically very smooth and predictable. Also, our 3 trade setups are optimized for the way the ES moves. I’ve traded the TF as well, but just prefer the ES now.

    Q: The specific time frame that you utilize your system for any trading is from 9:30 am to 11:00 am? Your main concentration is trading in the morinig until 11:00 and then calling it a day, correct?

    A: Yes, I typically only trade the 9:30 – 11:00 time frame. Sometimes I’ll take a trade in the afternoon if I happen to be sitting at my desk and a trade sets up, but I don’t wait all day for a setup.

    Q: Is there a money back guarantee or is that what the 5 day trial period is for?

    A: I have no control over market conditions, and can’t guarantee you’ll make any specific amount of money because I can’t make you pull the trigger. During the 5 day trial, you’ll get to see the strategy in a live market, see results, and interact with other users.

    Q: Does your software work on the NinjaTrader Platform? I see you are using TradeStation. Will the charts look the same on a different platform?

    A: Yes, you can use the MAP strategy on TradeStation or NinjaTrader. The charts look the same on both platforms.

    Q: Does your system utilize a trailing stop-loss once entered into a trade or do you manually lock in more profits as the market moves in your favor?

    A: We use a maximum of a 5 tick ($62.50) initial stop. In addition to that, we have a “baseline” risk management strategy that allows you to pull in your initial stop and ultimately trail it to lock in profits. We also teach you to create a trading plan that fits your personal trading style and risk tollerance.

    Q: How does your system pick the profit targets that you are trying to hit once entered into a trade?

    A: We use a few different technical areas for our targets. Nothing is based on a set point value. For example, we don’t set automatic profit targets at 3 or 5 points. The profit targets are different on every trade, depending on where our “technical areas” line up.

    Q: When you realize a trade is not going to hit your target but is profitable will you close out a trade early to preserve money in your account?

    A: In our baseline trade management structure, we give you a 4 stop process to determine when to close for profit. There are also advanced management strategies you can incorporate after you’ve mastered the baseline.

    Q: For a $20,000 account how many contracts are recommended per trade? I know this depends on your confidence level in the system and your ability to pull the trigger???

    A: I recommend a MINIMUM of $3000-$5000 in your account per contract traded. So, for $20,000 I would recommend no more than 4-6 contracts. If you average 3 points a day, you can increase the amount of contracts rather quickly.

    Thanks again for your questions and I look forward to seeing you in the trial!

    Best wishes,

    Chris Dunn

  • Maile:

    What kind of time commitment is required to learn your system? Sometimes I have plenty of time dring themornings and other times I just can’t trade.

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