Fixed targets or trail?  You can have the best of both worlds with the HVMM 2010.  Scaling out at one level feeds that greedy devil on your shoulder.  There is satisfaction.  It also can tune your subconscious into believing you are a consistent winner.  What better way to be handle draw downs, losing trades, missed opportunity if deep down you know you are a winner?  Trailing positions you if and when the market breaks out and goes for a run.  Now, not everyone can or should trail.  It takes a little willingness to watch profits evaporate.  Watch full position losers.  Watch break even partials.  For that that can though, it has the ability to give you returns that you won’t ever see at your bank or most managed portfolios.

This video is going to cover a few things to keep in mind if you decide to go down the trail road.  I forgot to mention in the video and there may be questions so Yes, I missed a re-entry setup on the GBPUSD.  By the time I zeroed in on it, I would have been chasing.  Missed opportunity to pad the day but to me, a lesson in discipline.

Live Trading Forex Video

Friday July 16 was a great trading day to highlight some of the topics I cover in many of my member only videos.  Key level adjustments are an important part of my trade plan…especially the HUGE key round numbers.  Trailing my stop is another technique I am a fan of.  We never know how much the market is prepared to give us.  All we really know, is our risk.  If that’s the case, minimizing risk and maximizing payoff is a fundamental strategy for ever increasing account growth.  Yes, there is nothing wrong with taking fixed targets.  In fact, that helps keep your equity curve nice and smooth.  It also feeds the psyche.  We are all different but much the same.  We all gain an “ease” when we bank our profits.  Scale and trail feeds a few things as well.  It feeds the greed factor but with balance.  It feeds the “instant gain” as well.  Not everyone is cut out for it however.  Much like longer term trading, you will have to suffer through some in trade drawdown.  Many can’t.  No problem.  Take your quick targets and move on.  There is money to be made every day with the HVMM 2010.

One final point.  In this video, I show the actual trades as they show on my broker charts.  I wanted to hit home that the coaches at Netpicks, unlike many other companies, actually trade the strategy.

Play Forex Trading Video

If you missed any part of yesterday’s Go-Live Launch Webinar, don’t beat yourself up – we recorded it in full for your viewing pleasure:

Click Here to Watch Part 1 of the Replay

Click Here to Watch Part 2 of the Replay

Just don’t lolly-gag for too long – we still have a few Bonuses left including the extra 2 months in the Owner’s Club, Range Bar Plugin for MetaTrader and the $300.00 Instant Rebate. No gaurantees they’ll stick around through the day because when they’re gone, they’re gone!

Watch the webinar recording now and then grab your HVMM with super sweet bonuses!

*** HVMM System WITH Live, Virtual Training ***

*** HVMM System with NO Live, Virtual Training ***

We received so many awesome responses to the contest. Many of you took the time to submit a sincere and heartfelt story about your struggles as a trader. Thank you for your participation and your openness!

We had to choose only one winner…it was a very tough decision to make!

We want to congratulate him on winning the entire HVMM system…

Congratulations Daniel!

Welcome to the family.

Here’s a copy of the winning post:

——————————————————————————–

Q: Where are you in your trading career and describe your level of success?

A: It has been a dream of mine to be able to work wherever I want to and have plenty of income to enjoy my life. I view trading as a method that can give me the lifestyle I am looking to create. I studied under several systems,bought their courses, studied the material and tried to duplicate what was being taught. After several years,I became a little discouraged because I could not produce the results that the systems were claiming. I look to make +$100 per day,every trading session and being well-capitalized is one important part for creating that success. I cut losses short, let winners run and go with the trend.

Q: How do you think the High Velocity Market Master will help you attain your trading goals?

A: I believe that the HVMM will help me anticipate what market action will be during the trading session by identifying the current trend,momentum,and trading range including high probability intra day patterns that will enable me not only trade in the right direction, but also allow me to optimally size my positions and depending on how strongly the market is trending, avoid exiting too early from strong ,extended moves and projecting the “Probable Range” to nail profit targets with proper trade execution including proper entry, exit and stop order placement.

I believe the HVMM provides the most effective methods found for spotting false signals and breakouts and also how to tell the difference between real opportunities and high risk setups. The importance of repetition and programming my mind to take action based on prediction , until it’s natural, relaxed, and instant I believe that the HVMM is the ideal software platform for transitioning people out of their current work and into a full-time trading career, all the while taking trading to the next level.

Here’s a quick review of this week’s Nasdaq Emini results trading the HVMM for the week, using the 2 point range bar.  Just as a side note, the 1 point range bar was also, gave very strong winning results but we’ll focus on the slower, easier to trade 2 point range bar with this post.

This week ended very nicely on very few trades.  By week’s end, with a power of quitting, two wins and positive goal setting approach, we had 14 total trades, beginning at 8:30 CST (exchange time).  We had 10 winners and a few losers for a great win-loss ratio. We ran into a few data problems with TradeStation on Thursday so we had to quit early but we scooped up one win, so no complaints here. Here are the results (each trade is 7 points):

• Monday; 2 wins and 1 loss
• Tuesday; 2 wins
• Wed; 3 wins and 2 losses
• Thursday; 1 win
• Friday; 2 wins and 1 loss
• +30 points on the week.

Trading the 2 point rangebar chart is a personal favorite because for more advanced traders, it is slow enough to be able to handle another market and for newer traders, it’s great because trading is very controlled and limited.

The beauty of the High Velocity Market Master is that rangebars along with volume and tick are all compatible so as you advance in your proficiency, you can change it up to accommodate different markets. It’s versatile, flexible and allows you to grow as a trader – which is so key if you’re looking to invest in a trading system.

Learn more THIS Tuesday in the HVMM Go-Live Launch Webinar… sign up here:

http://highvelocitymarketmaster.com/golive

If you missed any part of Thursday’s Live HVMM Demo, not to worry – we recorded the entire presentation! Take a look right here:

*** Watch the Live Demo Replay ***

Did you catch what markets Brian traded for that extra contest entry??

Watch it again and pay attention – along with that extra entry, Brian is teaching you potentially PROFITABLE trading tips and showing you just how simple it is using the High Velocity Market Master (a system the *entire* NetPicks Coaching team trades on their personal time, by the way).

We’re serious about the HVMM, as only people who actually trade it can be. So if you’re tired of the ‘other guys’ who promise you the moon and don’t even trade their own system (and trust me, you’d be surprised how many DON’T), it might be time to look into the HVMM.

*** Watch the Live Demo Replay ***

By now, you should be getting the feeling that the HVMM 2010 can tackle just about any liquid market.  Not only can it tackle many markets, it also functions well in many timeframes and market conditions.  Any forex trader knows that right now, the markets are like an ocean full of sharks.  It can be dangerous to enter the water unless you have the proper equipment.  For traders entering the trading ocean, the HVMM can be THE tool to help you navigate what some may argue, is the most challenging endevour they have encountered.

This video is going to jump into probably the most widely traded pair in the market…the EURUSD.  Not only that, I will bump up the interval to 233 tick.  Using tick charts really unleashes the power of “tuning to the market” for your stops and targets.  Watch in this video for some terms that are widely covered in the training……..trade for profit and red rated reports.  Acting on just these two things alone can help bump up your results.

View the video here

This is your chance to receive the entire HVMM system for *no charge*!

Receive this video based training course for day traders and swing traders alike. This system is compatible with any market. It doesn’t matter if you trade Forex, futures, stock or options we’ll show you how to use this methodology, to start seeing the results you’ve always wanted!

The entire package includes a lifetime High Velocity Market Master Indicator Suite, 5 full length in-depth HVMM training CD’s with supplemental walk-throughs, a detailed guide to markets & timeframes, a comprehensive training guide, enrollment into the Owner’s Club – where you’ll receive updates on the latest trades, monthly mastery series invitation – where pressing questions and advanced topics will be explored in detail, a one-hour call with one of the 5 experienced coaches, and ongoing support from traders with 14+ years of trading experience.

All of this delivered to your door for FREE!

“How can you get your hands on it for no cost?” Simple!

Answer the 2 questions below, post your answers and on Tuesday, June 29th we’ll announce the winner of an entire HVMM System.

Where are you in your trading career and describe your level of success? (Just starting out or have you been at this a long time?)

How do you think the High Velocity Market Master will help you attain your trading goals?

*BONUS:* For an extra entry into the contest attend the live demo and answer this question in addition to the ones above.

In the Live Demo on Thursday June 24th, what market(s) did Brian trade?

Be sure you’re registered for the live demo: http://www.highvelocitymarketmaster.com/demo/

The winner of the free system will be announced during the HVMM Red Carpet GO-Live Webinar Event Tuesday June 29th (during both times)!

June 29th, 2010 at 12pm EST U.S. (New York Time) / 9am PST / 5:00 GMT:
http://www.highvelocitymarketmaster.com/golive/

June 29th, 2010 at 6pm EST U.S. (New York Time) / 3pm PST / 11:00 GMT:

http://www.highvelocitymarketmaster.com/golive6/

To have your chance at winning, you must be present at the event June 29th.  Also, be sure to post thoughtful responses – that means no 1-sentence postings! We don’t want a novel but give us something to work with.

Good luck!

How flexible is the HVMM 2010?  Can it handle a trendless market?  My previous video looked at the GBPUSD 6 range bar chart trading the U.S./London overlap. You saw how simple and powerful this strategy is. This video is going to kick off showing you the four hour chart of the EURJPY (can you say sideways and crazy volitility?!?!)  Even the most novice trader will agree that the price action is pure ugly.  Can the HVMM 2010 deal with that?  Also note that the chart is a 144 tick chart and the session is the London session (2-5 a.m. ET).  Will that cause a change in the strategy?

The short answer is no.  The longer answer is the HVMM is a solidly flexible strategy with the unique ability to get you through rough waters with no damage to your account (by keeping you out of the market) or a slight bump or two (that is the power of “early exits”).  We will look at the last three days and while we had a loss or two….every session ended in the positive.  The video is a little longer than I like (15 minutes) but will give you a better insight into the strategy than me just showing you trades.

Play the video!  Click here!

This video will show you a brief demo of how easy it is to trade with our HVMM tools.  Namely, the HVMM calculator.  We use a concept called wysiwyt, or simpley put, ‘what you see is what you trade.’  In other words, the entire trade from start to finish, appears right on your chart, in advance of the market move, allowing you to place your entry order, you target and your protective stop.

Never again take a trade without knowing the precise trade parameters in advance.  This video shows you a live action trade where you can plainly see how easy this concept is.  Once you trade like this, you’ll never wish to trade without it.   The best part is, you won’t have to!  The all powerful HVMM is having its summer release party this month.  Make sure you register for it. 

You can also register for a live demo this Thursday where you can see it in action live, ask your questions live and become fully informed so that you can make the best decision possible for yourself and your trading.  Sign up for the demo now so you don’t miss out, http://highvelocitymarketmaster.com/demo.

Play video

Trading is treacherous.

Trading is treacherous in general but even more so during options and futures contracts expiring.  The simple fact is, without a system to guide you every step of the way, the odds of success plummet.  But as you’ll see in this video, we put the odds in our favor on every trade and just by sticking with our method and trading it as intended, we’re able to quit positive on most sessions and markets.

In this 8 minute video, we cover *4 different markets* and recap the HVMM trades that you could have actually taken (none of this demo account or hypothetical nonsense!). You’ll see how powerful it is to trade a simple method that gives you a winning edge with easy to follow trade set-ups.

Click Here to Watch Full Screen

Want more info? Then get on our HVMM Waiting List: Simple put your name and email into the form on the right side bar and you’ll receive the latest updates and release information for the High Velocity Market Master!

There is something to be said about simplicity.  Do you truly need a chart full of indicators (heck, some traders use several indicators that tell the same story!!!), several time frames and blaring news releases to get you on the road to success?  No.  You need a solid strategy that you are comfortable with, that has a learning curve that you can easily tackle and has proven itself in the live markets over and over again.  The HVMM is that strategy.

There are a few forex pairs I like to trade and one of my top picks, is the GBPUSD which I cover in this video.  A static $/pip and usually some volatility that can help rack up the winners.  You still have to keep in mind certain key levels which are covered in the training.  That’s just smart trading.  The video is going to cover the New York trading session.  Not the entire session as there are certain times to trade that are better than others (covered in the training as well).

Also, remember the mantra…Get in, Get out, Get done.  We also utilize something called Power Of Quitting.  Simply, grab your profits and get on with your day.  The HVMM is designed for that.  It’s also designed, along with the training, to get you on the ground running.  Enjoy the video and make sure you note how we find our entries and targets.  I think you will be impressed!

Click to play the HVMM Forex GBPUSD trading video