Pristine – Paul Lange – Seven Steps to a Good Trade & Developing and Implementing a Trading Strategy

This series by Paul Lange covers some of the most important subjects for traders that have previously received little attention. Many traders have received extensive training yet fail to achieve success due to a failure to plan and a lack of dedication. These DVDs are as important to the success of a trader as any technical instruction. Once the fundamentals are mastered, money management, planning, follow-up, and discipline become the pillars of success. Paul Lange is a Pristine Certified Trainer, Private Mentor, and Professional Trader’s Coach.
Creating and Using a Trading Plan with Paul Lange
“If you fail to plan, you plan to fail,” and nowhere is this more true than in trading.
2:23 Course Length

“If you fail to plan, you plan to fail,” and nowhere is this more true than in trading. This DVD will teach you why traders fail, why having a strategy is essential, and how to create one.

2 hours and 23 minutes

The Need for a Trading Strategy
The Psychology of the Average Trader and the Trading Benefits of a Trading Plan
A Trading Plan’s Components
Summary of Follow-Up

Paul Lange’s Seven Steps to a Successful Trade
This DVD teaches a methodical way to starting a trade regardless of the style of play or time period used.
2:05 Course Length

Paul discusses fundamental ideas dealing with some of the statistics of trading, such as reward-to-risk ratios and share size. Understanding these data and applying a methodical strategy to launching trades may make a major difference in your trading.

2 hours and 5 minutes

Having a Trading Strategy
Look for the Technical Illustration.
Examine the Risk-Reward Relationship and Timing
Management of Share Sizing
Following Up

Day trading technical analysis

How to Understand Technical Analysis: Discover Technical Analysis

In finance, technical analysis is a system for anticipating price direction based on prior market data, particularly price and volume.
Many of the instruments used in behavioral economics and quantitative analysis are also used in technical analysis, which, as a part of active management, contradicts much of contemporary portfolio theory.
The efficient-market theory, which claims that stock market prices are inherently unpredictable, challenges the usefulness of both technical and fundamental analysis.