Course Alchemy | Digital Download

Course Alchemy

In the medieval times, Alchemy was the science of trying to turn base metals (lead) into noble metals (gold). This was the precursor to what we now know as Chemistry. We are doing the same thing in our Alchemy Trades. Starting with a trade that has risk, you will learn how to add a different spread to end up with a position that is golden. This is how successful floor traders hone down risk in a sophisticated manner to increase profit potential and lower risk/cost.

This course focuses on existing trade’s adjustments. One of the most challenging things a trader goes through is deciding when to close a trade regardless if the trade is working in your favor or going against you. Even a profitable trade is difficult to manage at times because the trader is not sure how far to press his luck, balancing additional profit against giving back some profits.

For both trades working in your favor and going against you, Alchemy teaches many ways to adjust an existing position. Both financially and emotionally knowing how to pare down a trade to harvest profits while at the same time keeping a portion of the trade on in an attempt to make even more profit is the difference between failure and success.

Often in our POT classes, we remind people that in a room of traders can all be given the same position that is losing money, the professional trader will often find a way to break-even or make a profit, while the novice to intermediate traders will take a loss.

$799 price includes:

Class Recordings (~10 hours)
Handout of Class Slides
Alchemy Spreadsheet
Actual 3-Leg Box Example Applicable for Alchemy, Day Trading, Hedging and Closing Positions
Bonus Class Recordings:
Call Spread = Put Spread
Box Spread
BWB and Unbalanced Set-Ups
Moving Positions when Caught in an Unbalanced Condor and Stuck-Alchemy

Get Course Alchemy at Tradersoffer.forex