Tactical Trading

Tactical Trading


Tactical Trading is a combination of a trading chatroom, a member training website, online trading training
sessions, and trading seminars. The Tactical Trading chat room combines text, voice, and 'real time' application
sharing where I can show my trading charts that are being traded and discussed. I also highly recommend that other
traders, especially those who are paper trading, also post their own trades in order that I can try to provide
additional feedback and help with learning the trading method, and making the transition to real money trading.

If you would like to become part of the Tactical Trading Group, click Join Tactical Trading for registration, or
for a 3 day chatroom trial. If you have any questions or want more information, or even want to talk on the phone
- you can let me know this on the form.

Tactical Trading Objectives

I approach emini and futures day trading from the realization that the vast majority of 'traders' are going to
lose, and if you are going to ever become profitable, you will have to 'act' differently from that group. From
my experiences in emini and futures day trading, and working with other day traders, the primary differences are
going to largely be related to the approach taken to learning to trade, along with reasonable expectations
regarding the amount of work and time that is going to be necessary. Although this isn't the kind of thing that
most people want to hear, that learning to emini and futures day trade takes time and hard work AND even with
this, there are no guarantees of success - I will not give you 'hype' and 'promises', and 'to be' assurances that
if you join the group you will be profitable in a couple of months - it's just not going to happen.

My objectives for Tactical Trading are to teach a price continuation-momentum expansion based day trading method;
this is in contrast to a method that attempts to buy-sell market extremes and/or price momentum divergences.
As this is a day trading method, trading is done not as a 'fixed system', but through the development of '
base method' trading setups, which are traded in the context of market conditions and key price specifics,
what I refer to as trading from the left side to the right side using repeatable trading discretion and setup
combinations.


Emini Day Trading - Day Trade Setup Combinations

The emini day trading method has two basic ways to view an emini day trading setup: (1) right side only -

referred to as right side base or minimum base (2) left-right - referred to as selective base, the right
side base setup has become more selective from adding additional setup components that can be seen from left
side price action-price failure.

There are a set of trading indicators that are used as part of the day trade setup combinations BUT I am not
an indicator trader - the indicators are used for chart reading and the information that they provide-especially
with regards to the flow of momentum on a retrace; the indicators are not used as trading signals.


Join Tactical Trading Tactical Trader - Day Trading Journal

The Tactical Trader Day Trading Journal was developed to be a daily teaching lesson where I can discuss some
charts-trades from the day, in order to point out various trading setups and/or trading issues-problems that
I am aware. I also like to use this to specifically answer questions that someone may ask, where it is more
effective to try to answer with a chart-discussion, than it would be to try to answer by text only.

To make this most effective, it is recommended that the charts-questions first be read-answered AND then go
to the discussion page to study what has been written, along with comparing this to your own answers - don’t
simply go to the discussion page and read what has been written.

Day Trading Journal Objectives

Understanding the day trading method, and especially how the trading method setups are related to the strengths
and weaknesses of the base method.

Understanding that discretion is inherent in a trading method BUT that this discretion can be repeatable -vs-
non-random discretion coming from things like market bias or market opinion OR trying to indicator trade as a
trading system.

Understanding how to use indicator information as part of the trading setup -vs- being an indicator only trader.

Understand mixed method [the trading method which will be entering at the same approximated time BUT in the
opposite direction] AND the implications of these 'other' methods on our trading.


Discussion of trading charts-setups, explaining why a setup is method base and comparing to similar setups that
'shouldn't' be traded - setups that could be regard as trading setup misreads.

Discussion of opening emini russell trades and trading setup scenarios using previous price action prices.

Discussion of trading setups related to method strengths and weaknesses AND in relation to market conditions
such as directional-counter or continuation-congestion.

Discussion of directional strength and maximizing the profits of these trading swings with addon trading.