Top Dog Trading System Course Part 2 – Momentum as a Leading Indicator
This course should only be purchased by those who have already purchased our Foundations Course on Cycles and Trends since this course builds on the information in the first course.
This Course on Momentum as a Leading Indicator Teaches You How to Get Into Trades Early, Before the Amateurs!
Our first trading course focused on trend trading, but markets trend less than 20% of the time.
“The trend is your friend until the end” is a well-known phrase among traders. But what kind of friend is only faithful 20% of the time?
Momentum is a commonly accepted potential “LEADING INDICATOR” that can help you find a change in energy before it shows up in price action. Though this is commonly known and widely accepted, most people use momentum indicators incorrectly.
By learning to read momentum reliably, you can begin trading 2 new types of markets:
- Contracting Markets (getting in before huge breakouts).
- Trend Reversals (getting in before the new trend is obvious to amateurs).
In this course we add to the “energies” you learned about in Course 1 for more confirmation and more opportunities:
This approach uses extremely tight stops (only 1-2 bars) and looks to lock in small profits fast, and then let the rest of your position ride for profits. It can be used for Day Trading, Swing Trading or Investing.
6 Additional Trading Setups:
When you order Foundations Course #2, you will receive this extra manual and 2 extra videos that teach you 6 additional powerful trading patterns that Dr. Burns calls his “Freedom Trades.”
These trade setups are specifically designed to produce a potentially excellent reward/risk ratio:
- Simple trend retraces.
- Complex trend retraces.
- Mega-Trends that go on forever.
- Reliable channel trading.
- Ex-Con Trade (see below).
Understanding these variations of the basic trend pattern taught in Course 1 will give you more flexibility in your trading and help you find more trading opportunities.
Most importantly, you’ll receive the complete setup, rules and filters for Dr. Burns’ …
This trade setup has vastly superior risk/reward parameters over trend trades. The risk is exactly the same as trend trades, but the rewards can be much, much greater.
Risk/reward targets for successful Ex-Con Trades can be 1:5, 1:10, and even greater! If you’re looking for trades that a potentially great reward/risk ratio, then you just found it!
This technique can be used by day traders to find days where you can buy at the open, hold all day, and sell at the close.