And the winner for this round of Q&A is…

But before I announce the winners, I’d like to thank everyone for their questions they were all quite thought provoking and made me really think…

Ok, the winner is…

There were actually 2 questions that stood out, they were:

* How can a trader tell when a trend is over and a consolidation is the current market direction?

* I believe the most important attribute that a successful trader needs is to have the ability to quickly identify when a trend turns into congestion and vica versa. I can look like a genius when I follow the trend, but easily give it all back if I can’t see congestion before it’s too late. Are there good rules of thumb or otherwise that could help identify the transition?

These are the two questions that I have chosen as the winners. Because…

1. They are too long to answer in a simple post.
2. They are the topic of my soon to be released product.

It actually took me over 2 hours of video to really get into this and address this question, so I really can’t do it justice in a single post.

Congratulations to Millowena and Dan. (I’ll be emailing you both shortly.)

Both will receive a free copy of my latest course.

There is 1 problem though, the course is missing a name.

So that’s the perfect excuse to have 1 more ‘contest’.

The winner will again receive a copy of this soon to be released course, and will have bragging rights as the ‘Title Namer’ extraordinaire!

But how can you name a course you know nothing about? Good question.

So here’s the gist of it.

It’s a course that shows you how to define both trends and consolidations then gives specific strategies to trade both those market conditions.

It’s designed to be flexible enough to allow you to tailor it to your trading risk tolerance and personal style while adhering to solid market foundations.

I’ve got some rough notes at www.trading202.com/name-it.html that you can take a look (if you like).

To enter, just leave your entry as a comment on this post. You can enter as often as you like, and the winner will be announced either by next Tuesday, or as soon as I get an entry I like. (So it pays to act fast.)

If no entries seem suitable we won’t have a winner and I’ll just have to go with my backup name (unfortunately my first choice was not available as a website address).

Good Luck!

P.S. This course is planned to be released July 1st. But before then I’ll be looking for some beta testers.

If you’d like to get on the list for beta testing, or want to learn more about the course please visit www.trading202.com/name-it.html and sign up at the bottom of the page.

Categories: Trading

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