Join us LIVE March 5th-7th for 3 days of intensive chart analysis, strategies and techniques with Dan's most complete trading system ever.
The Next Step Trading System is the most complete course on trading that you will ever take.
You will learn a massive amount of trading analysis, strategies and techniques. But you can learn those by borrowing a bunch of books from the library and paying the late fees. What you are never taught are the methods, exercises and mental conditioning to actually implement what you have learned.
In other words, you know what you're supposed to do, but that knowledge rarely carries over into consistent action.
No longer will you find yourself banging your forehead while saying,
“Dang it! I did it again! I know better. Why do I keep making the same mistakes again and again. Maybe I just suck at trading. Maybe I’m just a loser. I’ll never get this down. Everybody else is making money...except me! I QUIT!”
Does any of this sound familiar to you? Does any of it ring true? If so, then you need to ramp up your trading approach by taking another step forward — the NEXT STEP!
You see, trading is NOT hard. It is not difficult. Yes, there is a lot to know and I am NOT saying that it is simple. There are many facets to successful trading well. But until you know certain things... Well, trading is impossible! But once your eyes are opened up, the magic happens.
And as strange as this sounds — that is where the real work comes in. Knowing how to trade well is not the same as trading well. The “how” is just the prerequisite for even having a chance to trade well.
And this is where other courses fail you. You can learn the methods, but you are then left to your own devices to battle your worst enemy — YOURSELF! In this LIVE 3-Day Workshop, you will learn to integrate specific exercises and psychological approaches to ensure you avoid the pitfalls of greed, fear and hope that relegate most traders to the largest crowd in the business — the quitters.
Seems pretty bleak, right?
Well, not so fast. Of those 90% who fail, how many do you think are actually trading for the right reasons? Virtually none of them!
People trade for many reasons such as:
These 90%ers are destined to fail because none of these reasons lead to success, and it is only a matter of time and lost money before they throw up their hands.
The successful 10% trade for a different reason. The reason is simple: They want to trade well. They don’t focus on the money because they know that the money will come from trading well. They know that consistency is the key to their success and that money is a consequence of trading well.
So, while the 90%ers flail and are on perpetual “snipe hunts,” the 10%ers are:
100% of the 10%ers are successful. They fall into two categories:
(1) Those who are doing all of the above, and (2) those who are in the process of learning to do all of the above. The only difference between the two groups is that some have unrealized potential and some have already realized that potential. They are either doing it, or they are on their way to doing it.
Achieving success is not an event. It is a journey. And that journey to success follows a specific path. Anyone in this 10% group is successful because they are all on the same Path to Success — some are just farther along than others.
There is a reason why I’m calling this course “The Next Step.” This 3-day course will point you in the right direction with all the tools you need to reach your goals. It will literally put you on that Path to Success.
Unlike other trading courses, I won’t just point you in the right direction; I will give you the road map and all the directions you need to get to where you want to be. Think of this like a Road Trip. Your destination is consistent and profitable trading. The Next Step Trading System makes sure you have a full tank of gas, accurate directions, and a sandwich, chips, and soft drink for the road.
The truth is that you need more than desire to succeed. Wanting to trade successfully is not enough. You need a burning desire to succeed! If you have that burning desire, then let me point you in the right direction and show you how to take the first step on your journey. No matter where you are now, let the The Next Step be your first step on a path to trading success.
Be a 10%er and you will be in rare air -- along with the best traders in the world.
Topics covered during day one include:
Topics covered during day two include:
The final day is all about implementation, practical application, and Q&A.
We’ll start a live trading session before the open, and spend the next four hours live trading, and applying what you’ve learned. We'll be looking for new trades, and answering any final questions you have about everything you're learned over the past two sessions.
Day One sets the stage for the entire course. I follow a specific structure and format during the course, with each section building on the last one. We will start the day by examining the universal path to success that every trader takes. There is only one path. But until you understand the process of trading, your development will be slow and sporadic.
You will learn a comprehensive method of finding the best trades. You will learn to separate the wheat from the chaff...by NEVER even seeing the chaff. Trading is not a process of inclusion. It is a process of exclusion. Strip away all the stocks that you should not be looking at and you eliminate temptation.
The entry is everything (but not the only thing). I’ll cover several categories of high probability entries from bases, IPOs, momentum runs, pullbacks, pivots and a few special ones. We’ll also look at the nuances of pullbacks to either take action, or take a pass. This requires a LOT of charts...and I’ve got ‘em.
We will also cover some key indicators that actually work. More is messy; and less is best. I’ll cover the ones that matter.
The essence of Day One is trade initiation. Putting your money to work! At the end of Day One, you will have a very solid and comprehensive understanding of the most important part of the trade.
The “Four Stages of Competency.
How the Four Stages help or hamper your trading results. This is the roadmap from where you are to where you want to be. This is the structure for The Next Step Trading System class. I’ll walk you through these stages and get you where you need to be.
Five Elements of every Trade (“S.M.A.R.T.” ®).
Deep dive into chart patterns.
Few charts are actually tradable. The real money is made by focusing on the patterns that work. I’ll teach you what they are, and how to capitalize on them.
More than 150 charts with detailed analysis.
These charts will be covered in various parts of this two-day course, depending on their applicability.
Trend Assessment
Without an in-depth understanding of the underlying market and stock trends, you are throwing darts with a blindfold.
Understanding the difference between healthy pullbacks and early signs of a stock in distress. If you can’t tell the sick from the strong ones, you’ll never make money.
An under-the-radar indicator that nobody knows about. I originated it.
Entries — Precise and specific for maximum gain and minimal risk.
This will be a very long and detailed section because, frankly, the entry is everything. And there is a LOT to cover. I will cover:
“Add-on” buy points. Know when and how to build a bigger position to increase profits.
We make most of our money in any given year by a small number of trades. The rest are just marking time. Learn how to safely build a huge position in your winners to pack on the gains.
Q&A Session: We’ve covered a lot of ground, so I’ll take some time to answer questions and clarify concepts. I won’t leave you hanging.
After learning the selection and entry part of the trading process. We focus on the rest of the trade during the second day. It’s nice to think about profits...but we’ve got to understand the nature of risk, and how to minimize it (and ultimately eliminate it) during a trade. Stops, position sizing, when/how to sell, and adjusting your trading decisions based on your actual results rather than the “woulda, coulda, shoulda” method that most traders use.
And charts. Lots of charts. If you learn one thing here, it should be how to truly know what the price action is doing...and why. Charts are a reflection of psychology and institutional activity. We will cover how institutions make their decisions, and how they execute their buying (or selling) campaigns. Only when you have a deep understanding of price action will you be in a position to succeed.
By the afternoon of the second day, you will have a complete trading plan that works for you. But we’re not done. You’ll also get a look at my trading app that’s been more than three years in development. You’ll learn how to optimize and adjust your trading behavior to maximize your profits.
I’ll be introducing some unique exercises and psychological methods for maintaining discipline. You won’t get these anywhere else. Without discipline, the best process in the world is a waste of time. You’ll learn some winning techniques and exercises to keep you in a winning mindset with a laser focus on how to trade to win.
Stop Placement.
Contrary to what many say, stops DO work. But there is a specific method of stop placement, and most traders do not know that. You will.
Position Size.
Determining proper position size is essential to finding the balance between reward and risk on each trade. You will learn the essential and often overlooked method of determining YOUR appropriate position size.
When to sell.
The money is never made until the position is closed. You will learn specific techniques for closing positionsKnowing when the trade is complete and selling at the right time maximizes profits.
Putting it all together: Your Complete Trading Plan.
You will develop a precise and individualized trading plan that you can execute, based on your specific approach to trading. This is a Big Deal! Here’s why:
Trade Optimization:
You will learn how to understand and optimize your personal trading decisions in a cutting-edge app that took about three years to build. This app has everything you need, and nothing that you don’t. It is simple and straightforward. The objective is not to dazzle you with noise and numbers. The objective is to make you a better, more consistent and confident trader.
The Psychology of Trading. And the Psychology of YOU!
I will be on camera and giving you straight talk. I will teach you specific and effective strategies and exercises to keep you in The Zone...to keep you focused and consistent. To eliminate discretionary trades and losing streaks. In essence, I will teach you how to stay on that Path to Success. If you can’t stay on track, you’ll never get to where you want to go.
The final day is all about implementation and practical application. We’ll start a live trading session before the open, and spend the next four hours live trading, and applying what you’ve learned.
We'll be looking for new trades, and answering any final questions you have about everything you're learned over the past two sessions.
