RLCO Trading System

[jagankris]

RLCO Trading system
--------------------
http://www.vantharp.com/workshops/day-trading-ken-long.asp

Below is the system description document of RLCO Trading system trained in the Van Tharp workshops by Ken Long.

http://www.google.co.in/url?sa=t&rc...aRLnszDvkiMmhSSww&sig2=_jlDSA_C7GCl1g7V7nLOOw

Enjoy the system and Happy Trading :thumb:

 

[ROCKSTAR55]

Hi, did you used this strategy?how is success rate?

 

[jagankris]

Hi, did you used this strategy?how is success rate?

Say if I say the success rate is good how it is going to be useful for you ?
Or If I say the success rate is bad would lot of people pay several thousand dollars to learn the system from VAN THARP's Institute.

Read the document several times carefully.
It has every important aspects one need to plan/device for day/swing trading.

 

[suri112000]

One thing is clear from the system.

You have to master Price Action/Discretionary rules in order to profit consistently from "Day Trading". If the Van Tharp's Institute sponsored course envisages such prerequisite, I strongly believe that there is no room for mechanical traders in Day Trading.

As per my understanding, to master Day Trading, the trader.......

1. Needs multidimensional understanding and approach of markets.
2. Needs to guage multiple setups and execute trades.
3. Needs razor sharp focus and concentration.
4. Needs extraordinary sharp reflexes to get in and get out trades in a fraction of second just like a super computer.

These unique personalities are very rare to find and this is the reason we find negligible number of consistently successful day traders.

 

[mechtrader]

I strongly believe that there is no room for mechanical traders in Day Trading.

Plz refrain from using such strong statements, these send out a wrong message... which is not the reality. Anything is possible if your approach is correct.

Thanks,
MT

 

[suri112000]

Plz refrain from using such strong statements, these send out a wrong message... which is not the reality. Anything is possible if your approach is correct.

Thanks,
MT

Please read the sentence completely, you have picked up half of it.

 

[Smart_trade]

RLCO Trading system
--------------------
http://www.vantharp.com/workshops/day-trading-ken-long.asp

Below is the system description document of RLCO Trading system trained in the Van Tharp workshops by Ken Long.

http://www.google.co.in/url?sa=t&rc...aRLnszDvkiMmhSSww&sig2=_jlDSA_C7GCl1g7V7nLOOw

Enjoy the system and Happy Trading :thumb:

Finished the first reading of the system. Looks interesting. Found similarity with VWAP bands ststem...but here the main focus is Linear Regression Lines crossover.

Thanks for sharing detailed system description and charts , jagankris.

Smart_trade

 

[Pradeep Narayan]

Thank you for the document... It can serve as a template for those who wish to design their own trading system & as a reference for guys like me who have a system but have missed out certain nuances in it.

Cheers!

 

[nifty trade]

hi

images in 2007 word program are not visible , what else could be used to see this doc file?

 

[VJAY]

RLCO Trading system
--------------------
http://www.vantharp.com/workshops/day-trading-ken-long.asp

Below is the system description document of RLCO Trading system trained in the Van Tharp workshops by Ken Long.

http://www.google.co.in/url?sa=t&rc...aRLnszDvkiMmhSSww&sig2=_jlDSA_C7GCl1g7V7nLOOw

Enjoy the system and Happy Trading :thumb:

good and thanks for sharing valuable document.:thumb:..Need to study after market hours...and am slow lerner so its take time too