Description of Naked Trading Techniques
During Naked Trading Techniques, we will look at the tools that the Naked Trader uses and you’ll learn how the naked trader can decide on market direction without any technical indicators on the chart. You’ll also be shown you how you can get proficient at naked trading, and why naked trading will accelerate your development of “trader intuition.” We will analyze and forecast the market using this approach.
Once you go naked, you may never go back. This 2-DVD set is ideal for the trader who is tired of switching indicators and trading systems.
You will learn how “naked trading” – trading without technical indicators, will help you to avoid the common problems that plague many traders. You will learn how to identify high probability trading opportunities on your charts. You will learn how to jump on and ride strong trends in any market. You will learn how to identify key turning points in the market so that you can profit from reversals. Finally, and most importantly, you will learn how to build confidence with these trading systems before you risk any money.
In Naked Trading Techniques, you will learn how to change your thinking so that consistent trading success can come more easily for you. All of these techniques are extremely simple, exceptionally powerful, and you can start using them today!
What you will learn in Naked Trading Techniques?
- How Walter started to trade after getting his dream job
- What Walter had to do to become a profitable trader
- Walter Peters’ advice on those wanting to leave their jobs
- How to use scalping to your advantage (hint: don’t trade all day)
- How Walter Peters changed his trading style after writing Naked Forex
- What made Walter Peters shift from a focus on systems to psychology
- How to turn your trading into a game (POWERFUL!)
- The biggest mistakes aspiring Naked Forex traders make
- How to see what the majority of traders are doing in the market
- How to deal with swing trading drawdowns (more markets vs. more strategies)
- Walter Peters to trading Forex while traveling
- How often Walter checks his charts & why
- A lesson Walter Peters wanted to pass on to you
About Walter Peters
Walter Peters has a doctorate in Psychology and he is a full time forex trader. Before he began trading forex he worked as a jury consultant, a clown and a smoothie chef. He trades for the DTS Fund and he works with traders through the website FXjake.com.
Walter is a technical trader and takes a unique, “naked” approach to forex trading. Nearly all of the trading systems Walter uses and teaches are systems without technical indicators. Walter believes an understanding of cognitive psychology in general, and in particular cognitive biases, is useful for the forex trader.
In 2011, he released a DVD with FXStreet called “Naked Forex: Indicator-Free Trading Systems by Walter Peters”. Naked Forex trading – trading without indicators – is an often misunderstood trading strategy because it goes against the natural inclination that most traders have.
More courses from the same author: Walter Peters