Jake Bernstein ETS Lucky 13

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1 Jake Bernstein ETS Lucky 13 Profits from Clarity Saturday 29 October 2011 Session 1 of 8 Welcome new Attendees What we will do and how and why Methods and Signals Review of Seasonals for October November Seasonals: Futures, Spreads Friday-Monday Gold Pattern and Trade Euro FX Day of Week Trade Year End Pattern Psychology Corner Bonehead Moves Account Review And more 2011 by Jake Bernstein

2 My mission Has taken me all over the world What I found and why I care The bad news about trading with facts accountability The good news about trading on opinions everyone can find an excuse The bad new about trading on opinions - excuses don t make money The good news about trading on facts facts don t lie and they are somewhat scientific

3 What we will do and WHY? HOW to find your trades daily The Friday - Monday Gold trade continued 2 NEW Day of Week trades - rules and application Fewer markets... but MORE FOCUS The BEST SPREADS - low risk, high potential reviewed each week The DECISION MAKING process: what, when and how COT major changes review... every 2 weeks Seasonal trades for the week and month Position sizing: when to increase - when to decrease Markets and methods Psychology Corner Psychoanalysts Couch Bonehead Moves

5 Goals and Procedures To provide you with a solid, 100% clear and objective rule-based approaches to trading with consistency and reality To avoid anything that requires judgment or interpretation, perception or opinions To show you specific trading methods, systems, risk management procedures, and profit maximizing strategies To do so in a way that assists you in becoming an independent and professional trader or investor To show you my decision-making process and many of my trades based on the rules presented during the sessions

6 To show you that my highly researched and rulebased strategies are effective moneymaking tools that you can use in virtually any market and in virtually any timeframe To answer your questions as best I can within the context of my methodologies To explore and explain the behavioral and/or psychological aspects and limitations of trading To examine and find solutions for specific errors that traders commit which limit profits and increased losses To give you a solid structure within which all trading decisions should be made All of this based on my 43+ years of trading

7 Methods and Systems Here is a synopsis of the methods and systems I will use and teach and review MAC moving average channel for position trades and swing trades in stocks and futures 8 OC: short-term timing method for stocks and futures MD power of momentum for entering trades in any timeframe at or near significant tops or bottoms Seasonal trades in stock futures and spreads Specific day of week patterns such as the Friday Monday gold and Thursday Friday European currency trades

8 I will make specific trades based on these methods in one or several of my trading accounts and I will show you ahead of time (as often as possible) what I plan to do, why, the rules, procedures, the risk, the profit maximizing strategy and more Tuesday through Thursday I will send you a report that updates positions and/or changes in trades again based on what I will teach you I will discuss account equity during the session but my goal is to accept the challenge that faces all traders who seek to be successful in today s volatile markets. In other words my focus will be on accurate trades risk management and profit maximizing

9 There will be no hocus-pocus, looks like, analysis, Fibonacci, Gann, Elliott wave, market geometry, astrology, Mayan calendar, Nostradamus prophecies, Magic numbers, Kabbalah, or other rubbish that is nonspecific and non-testable this includes traditional chart patterns and formations which simply stated just do not work Finally, my job is first and foremost to manage risk. If I am effectively managing my risk I will end up making money by following the profit maximizing strategy.

10 Session ground rules Please be on time for every session. I will usually begin exactly on time Please ask me questions if anything is unclear. Jump in at any time. If I can t answer you at that moment I will get to your question as soon as possible. If the question is too long to answer in the session or if it is not related specifically to the topic I will ask you to me your question I ask you please to not engage in too much chatter with other attendees while I m doing a presentation since this can be distracting to all of us Please do not be afraid to ask questions. These sessions are truly all about you and making you better at what you do

11 All sessions are recorded and available to you usually within 24 hours after we end I ask you please do not share this information with anyone who is not a paid client since this will not only be unfair to me but may also hurt you. This information is protected by copyright and I will aggressively pursue anyone who violates my copyright privileges and rights In the rare event that our Internet connection temporarily fails please wait and I will come back to you as soon as possible If you have any technical questions or need technical assistance with your subscription or connection, login, etc. please send a private message to either Marilyn or Ray who work with me.

12 The accounts

13 A few of my stock accounts

16 The trades I want you to learn how to do

21 The constant rubbish and nonsense we have subjected to all day and sometimes all night long

22 We feel as if the market is top heavy here but if we cross below the 200 day MA* then we might correct to support levels if the risk on trading strategy returns but overall we believe that there is value near current levels if Fed policy remains as is

23 Track Record 200 day MA in S&P

24 200 Day MA IBM

25 SBUX has pricing power which makes it a good candidate in spite of the current rise in coffee prices. We would be buyers on a scale down basis as we enter a period of stronger demand and seasonal strength. Additions to the menu will boost earnings unless of course we enter an economic recession in which case all bets are off (blah blah blah blah bs)

26 What increase?

27 Suddenly Mr Cramer is a chartist (Paraphrase) This is a head-and-shoulders pattern great chart formation used by professional chartists..a big money maker one of the most accurate chart patterns problem - no firm rules no follow through stop no profit maximizing strategy where are the back tests?

28 The Model More Details Patterns + Process + Persistence = Profits SETUP TRIGGER Follow Thru Tested and proven accurate 100% objective and rule based not subject to interpretation No myths or magical mumbo jumbo No looks like Step by step Clear checklist Procedure Implementation Triggers Exact risk based on market behavior Exit strategy Profit maximizing strategy Know your odds Drawdown Max cons loss Max cons profit Max % risk/trade Patience Don t MM! Less is more Limit media Isolation Chat room NO The dead man concept Set a daily goal? ABSURD! Have to be BIG Remove some Diversify Profits create confidence which then will Foster discipline and more profits! Jake Bernstein

29 Platinum - Gold

30 What do you see now?

32 Some of what I did

33 Compare: Fri EuroFX C>O Thurs Buy Fri 2 ticks above Thurs high C<O Thurs Sell Fri 40 ticks below Thurs low Exit FPO or stop loss $ stop on long and short

35 P r o f i t 1 5,0 0 0 B y Y e a r b y P r o f it 1 2, , , , ,

40 Fri Mon Gold Rules Reviewed Setup: Weekly trend in gold up Buy Fri open (Thurs night) Stop largest range bar last 10 Initial target same as stop Exit Fri close 1/3 Exit Mon open 1/3 (Sunday night) Exit or TS Mon close

42 FMG trade WEEKLY TREND +

44 FMG example

45 FMG Trade

47 A few stock trades as examples of methods

48 LIZ 2 Sep

50 My next victim (2 Sep) why? Long down trend Quality stock Excellent earnings power Forefront of trading technology Flash and high frequency trading Let s look at the chart WAIT FOR TRIGGER!

56 Let s take a look at a few situations: MD

57 KC MAC

58 KC followed through

60 NFLX what do you see?

61 Psychology Corner Why do so traders go for the quick profit while they ride their losses until they grown hair on them? 1) Long term pain is easier to adapt to boiling water experiment 2) Ego loss Freudian view 3) Instant gratification 4) Fear that a profit will disappear quickly 5) Need to win to overcome frustration 6) SOLUTIONS:

62 Bonehead moves What s that? My talk at CSTA last week someone approached me after the meeting Here s what he said

63 October futures seasonals

64 Are you ready? For the highest accuracy trade of the year?

65 What s normal?

67 October futures seasonals

71 Friday

73 Nov seasonals

74 Spreads

78 JRCC

87 Mentoring appointment interview ETS sessions are recorded I can be reached at or me if you have questions: jake@trade-futures.com Best of trading Jake Bernstein 2011 by Jake Bernstein *

Jake Bernstein Market Mastery Series III (MMS 3)

Jake Bernstein Market Mastery Series III (MMS 3) www.jakebernstein.com Consistency = Profits Saturday 10 November 2012 Session 4 3 x 3 MA Channel Review: Trade by Trade Example Divergence Setups and Triggers: