Why is it important to be able to See the Music of the Market?
Short term trading is all about finding an oscillation in price that might provide a profitable trading opportunity.
If a trader learns to See the Music of the Market they are more likely to be able to spot potentially profitable price oscillations.
It is really very simple – a matter of numbers – we have gone over it often, but it is important enough to say it again – and say it often: A trade must offer a reward to risk of at least two to one in order to make it a viable trade – taking trades worth less potential profit or more risk simply turns the math of trading against the trader.
Even with the ability to See the Music of the Market, a trader will make trades that are not profitable – and yes, they will encounter trades that produce losses.
Successful trading is about probabilities and numbers. The trader that produces a winning percentage of trades that is at least 50% – or more – and maintains a reward to risk ratio of two to one will make a profit. As winning percentage goes up, so does profit. The same goes for reward to risk ratio – the higher it goes above two to one the greater the profit.
In many years of trading, I have never found a better way to increase winning percentage and/or reward to risk ratio than learning to See the Music of the Market.
Selecting the time frame to use for constructing trades is also made easier when you can See the Music of the Market. I simply select the time frames in which the music can be seen the most clearly. It is really easy when you learn to think of price oscillations as music – having a rhythm that repeats from time to time.
All markets are not tradable at all times – learn to See the Music of the Market, and it will help you to know when to trade – and equally important it will help you to know when not to trade.
I think it is so important that I wrote a whole book about it.
Exchange rates table is provided by DailyForex.com - Forex Reviews and News
Live currency cross rates is provided by DailyForex.com - Forex Reviews and News
Live indices widget is provided by DailyForex.com - Forex Reviews and News
Live commodities widget is provided by DailyForex.com - Forex Reviews and News
Author & Trader
the SRV’s are spot on !!Tom CUSA
….very impressed with the whole philosophy – both personal and trading, expressed in the book. I will read and revert !!Richard DUSA
Thanks for the method !! Very solid, very logical entry and exit and genius SRV’s !!Denis DRussia
I trade the US Bond Markets exclusively – amazed at the accuracy of the SRV’s !!George SNew York, NY
“The SRV’s are amazingly accurate”.Tony Texas
Great system – couldn’t trade without it !!Frank YDavid, Panama
- January 2017 (1)
- December 2016 (3)
- September 2016 (2)
- August 2016 (2)
- July 2016 (2)
- June 2016 (5)
- May 2016 (1)
- April 2016 (2)
- March 2016 (1)
- February 2016 (3)
- January 2016 (3)
- December 2015 (1)
- November 2015 (3)
- October 2015 (5)
- September 2015 (5)
- August 2015 (2)
- July 2015 (5)
- May 2015 (1)
- April 2015 (1)
- March 2015 (1)
- January 2015 (1)
- November 2014 (1)
- October 2014 (1)
- August 2014 (1)
- July 2014 (6)
- June 2014 (3)
- May 2014 (5)
- April 2014 (2)
- March 2014 (2)
- February 2014 (2)
- January 2014 (10)
- December 2013 (11)
- November 2013 (20)
- October 2013 (13)
- September 2013 (14)
- August 2013 (10)
- July 2013 (26)
- June 2013 (16)