days to market mastery - bernstein 2007

[...]... 27-Jan 28-Jan 27-Jan 27-Jan 27-Jan 27-Jan 29-Jan 28-Jan 27-Jan 27-Jan 27-Jan 27-Jan 29-Jan 27-Jan 27-Jan 27-Jan 27-Jan 29-Jan 28-Jan 27-Jan 27-Jan 29.68 24.86 20.75 18.17 16.58 16.87 21.56 19.51 19.49 19.8 15.46 17.8 17.04 22.98 17.35 12.47 25.58 27.65 20.48 30.49 32.61 2-Feb 4-Feb 29-Jan 2-Feb 2-Feb 2-Feb 2-Feb 4-Feb 3-Feb 2-Feb 2-Feb 2-Feb 2-Feb 3-Feb 2-Feb 2-Feb 2-Feb 2-Feb 4-Feb 3-Feb 2-Feb 29.82... a few follow-through alternatives In other words, we vary the stop-loss and the exit The results shown in this section’s tables use two different stop-losses JWPR00 4-0 2 JWPR004 -Bernstein February 9, 2007 16 20:27 Char Count= 0 30 DAYS TO MARKET MASTERY TABLE 2.3 Reversal-up Pattern with Trigger and $2,500 Stop-loss Summary—Long Trades Report Name: Jake’s Reversal Trades New $2,500 stop-loss Exit on... xiii JWPR004-FM JWPR004 -Bernstein February 21, 2007 xiv 8:6 Char Count= 0 JWPR00 4-0 1 JWPR004 -Bernstein February 16, 2007 20:24 Char Count= 0 L E S S O N 1, D A Y 1 The Structure of a Trade INTRODUCTION The stock and futures markets have several functions In stocks, the market allows corporations to raise funds for expansion of their businesses In futures, the most important function is to provide a... Results of a simple reversal-up buy strategy 142 −$538,950 −$3,795 −$15,025 $10,788 $508 $508 −$3,795 5 1.63 4.77 JWPR00 4-0 2 JWPR004 -Bernstein February 9, 2007 12 Overall Total Net Profit: Total Trades: Average Trade: Avg #of Bars in Trade: Avg #of Trades per Year: Max Closed-out Drawdown: Account Size Required: Open Equity: Current Streak: 20:27 Char Count= 0 30 DAYS TO MARKET MASTERY −$15,175 550 $28... www.GenesisFT.com 07/20/05 JWPR00 4-0 2 JWPR004 -Bernstein February 9, 2007 20:27 14 Char Count= 0 30 DAYS TO MARKET MASTERY TABLE 2.1 Results of Buy Reversal with Trigger Summary—Long Trades Report Name: Jake’s Reversal Trades New Symbol: SP-067 Overall Total Net Profit: $79,513 Total Trades: Average Trade: 101 $787 Avg No of Bars in Trade: Avg No of Trades per Year: Max Closed-out Drawdown: Account Size Required:... follow-through methods designed to limit losses and maximize profits REVIEW In this lesson, you learned the basic structure of each trade The structure of every trade consists of three elements: 1 Setup 2 Trigger 3 Follow-through Some specific examples were given Please take a few minutes to answer the questions below JWPR00 4-0 1 JWPR004 -Bernstein February 16, 2007 6 20:24 Char Count= 0 30 DAYS TO MARKET MASTERY. .. by commercials as a tool for helping farmers 8 Without the proper structure of a trade: A You will take small losses and large profits B You will be forced to use a computer when placing your orders C Traders will have to rely on tips for good trades D You have nothing JWPR00 4-0 1 JWPR004 -Bernstein February 16, 2007 8 20:24 Char Count= 0 JWPR00 4-0 2 JWPR004 -Bernstein February 9, 2007 20:27 Char Count=... JWPR00 4-0 1 JWPR004 -Bernstein February 16, 2007 20:24 4 Char Count= 0 30 DAYS TO MARKET MASTERY TABLE 1.1 Example: A Key Date Seasonal Setup Long May Crude Light Enter: 1/27 Exit: 2/2 Stop %: 4.00 P/L Ratio: 6.0 Trade # 92541921 Contract Year Date In Price In Date Out Price Out Profit/Loss Total 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 27-Jan... using solid tools that I have developed over the last 35 years But the tools presented here are not applicable to futures trading alone Most of them are equally applicable to stocks Hopefully, you will learn tools that will assist you for many years to come whether you’re a commodity or stock investor ORGANIZATION Although the 22 lessons that follow can be completed in 30 days time, you may want to take... the markets This model does not apply to the stock market, where the structure is not as complicated THE PURPOSE OF TRADING OR INVESTING As speculators or traders, we have only one purpose or goal in trading and that is to make money There is no other goal! If you are in the futures markets for any other reason, then you are doing this for the wrong reason 1 JWPR00 4-0 1 JWPR004 -Bernstein February 16, 2007 . siteatwww.WileyFinance.com. ii JWPR004-FM JWPR004 -Bernstein February 21, 2007 8:6 Char Count= 0 30 Days to Market Mastery A Step-by-Step Guide to Profitable Trading JACOB BERNSTEIN iii JWPR004-FM JWPR004 -Bernstein February 21, 2007. class="bi x0 y0 w0 h0" alt="" JWPR004-FM JWPR004 -Bernstein February 21, 2007 8:6 Char Count= 0 30 Days to Market Mastery i JWPR004-FM JWPR004 -Bernstein February 21, 2007 8:6 Char Count= 0 Founded in. Profit/Loss Total 1984 27-Jan 29.68 2-Feb 29.82 0.14 0.14 1985 28-Jan 24.86 4-Feb 25.93 1.07 1.21 1986 27-Jan 20.75 29-Jan 19.79 −0.96 0.25 1987 27-Jan 18.17 2-Feb 18.3 0.13 0.38 1988 27-Jan 16.58 2-Feb