Adam Grimes – Pullback Masterclass
Arichive : Adam Grimes – Pullback Masterclass
Who it’s for Traders with any size account – $5k or $5mm — who trade stocks, futures, options, or forex Traders who want a simple, proven trading approach to locate, enter, and exit higher probability pullbacks without purchasing a dip that develops into a crash
Originally captured live between May 24th and June 9th, 2022.
Outline of the course:
Part 1: Laying a solid foundation
10 Trading Success Principles
Using Market Pullbacks to Sharpen Your Edge
Even as a part-time trader, you can survive in highly competitive markets.
Markets in Transition
Small Details, Big Results
When there is no “free lunch,” how can you profit?
What Factors Influence Trading Position Sizing Guidelines
How to Develop a Winning Mentality
How to Consider Probabilities
The Key to Long-Term Sustaining Success
What to look for in a good pullback
The Pullback’s Anatomy
How Trends and Pullbacks Relate How to Enter a Trend at Different Points
Bad pullback examples
5 Trader Mistakes in Pullbacks
The ideal time to enter without being either early or late
Correct sizing for risk management
When to go and how to prevent holding too long (also known as “greed”).
Taking steps back after climaxes (FOMO)
Ignoring entry failures
Current market opportunities from the previous day/night All markets and periods are covered.
Day 2 live Q&A: Trends and pullback variations
Pullbacks and trend structure
How to navigate the market’s “impulse waves”
What effect momentum has on your pullback trading
misunderstandings about divergences
How trends emerge and evolve
Why does it matter how trends end?
What occurs after a reversal?
Examples of both successful and unsuccessful pullback trades
Examples of current market opportunities
Day 3 homework Q&A: Sizing and trade selection
Ideas and concepts for sizing
A cursory examination of “the trading questions”
A brief introduction of several ways to sizing
What is fixed fractional sizing?
The relationship between risk and stop location
The trading community’s “low risk” lies
Managing Trades using R
Examining the relationship between stop position and risk
Options for the first halt
Options for exit
Identifying the finest pullbacks
Putting everything we’ve learnt to use
Stock screening ideas
Intraday catalysts
Homework
Day 4 Q&A: Entry Techniques and Utilization Options
Using pullbacks with options
Opportunities and trade-offs
Managing Time Depreciation
Verticals
Moneyness throughout the holding period
Methods of entry
“Go with” suggestions
“Entries against the trend”
Scaling down
Using indicators to assist with time entries
Homework
Q&A
Day 5: What occurs following a trade pullback and management
Trade administration
There are two broad categories: winning and losing trades
initial stopping point (mostly already covered)
Location of initial profit aim (also mostly review)
Trailing stops versus “all-in”
Scaling down
From paper money to real money
Putting everything together
Review of trades that have set up and occurred since the beginning of the course
Day 6 of Q&A: Putting it All Together
All of the instruction has been summarized.
Q&A in real time
