Edition 280      Thursday, January 7, 2009

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Spread Scan with Commentary


Commentary by Andy Jordan
Trader, Trading Mentor for Spread & Position Trading
Trading Educators, Inc.

Welcome to this week’s issue of the Joe Ross Spread Trading Newsletter. The Spread Scan weekly newsletter is designed to assist you in becoming a better, more complete trader by showing you, within the context of the markets, how to trade spreads.


Weekly Spread Scan Example

Note: Our Spread Scan Editor is still on break until January 10, 2010. Spread Scan issue # 278, issue # 279, and this issue #280 do not include Andy's Spread Scan Example or Previous Trades. These three issues do present you with a Trading Article.

Our next complete Spread Scan edition with commentary and Spread Examples will be sent to all subscribers on January 13, 2010. Please join us next week for the Spread Trading launch for the year 2010.

If you wish to review Spread Scans from the past 3 months, please follow any of the following links to its weekly issue:

October 2009
November 2009
December 2009

Issue 267 - 10/07/2009

Issue 268 - 10/14/2009

Issue 269 - 10/21/2009

Issue 270 - 10/28/2009

 

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Previous Trades

Note: Our Spread Scan Editor is still on break until January 10, 2010. Spread Scan issue # 278, issue # 279, and this issue #280 do not include Andy's Spread Scan Example or Previous Trades. These three issues do present you with a Trading Article.

Our next complete Spread Scan edition with commentary and Spread Examples will be sent to all subscribers on January 13, 2010. Please join us next week for the Spread Trading launch for the year 2010.

 

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Andy's Trading Articles

Don't let your emotions influence your decisions in trading

Trading is nothing more than a long, random statistical run. An experienced trader knows that even if he is in a losing streak right now, as long as he sticks to his already approved trading plan, he will come out a winner in the long run. This is why becoming angry is pointless. In fact, it is worse than pointless, because heated emotions often lead to poor decisions in subsequent trades. In such situations, a cloud of emotions takes possession of the trader, commandeers his brain, and disrupts his trading.

Remain dispassionate. Make it your goal to achieve a cool and calm demeanour. This way you can stay impartial towards your trading without letting your emotions influence your decisions.

© by Trading Educators, Inc
Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.

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A WEALTH OF SPREAD TRADING INFORMATION & EDUCATION:

If you wish to review Spread Scans from the past 3 months,
please follow any of the following links to its weekly issue:

October 2009
November 2009
December 2009

Issue 267 - 10/07/2009

Issue 268 - 10/14/2009

Issue 269 - 10/21/2009

Issue 270 - 10/28/2009

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Trader's Live Chat and Trader's Euro Chat with Joe Ross

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traderschat

NEXT LIVE CHAT SESSIONS WITH JOE ROSS:

Wednesday, January 13, 2010
Wednesday, January 20, 2010
Wednesday, January 27, 2010

We hope you will join us!

Here is where you login to Joe's Wednesday Chat
You can also view our saved weekly Chat Logs in case
you missed any Chats but want to be up-to-date

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eurochat

NEXT EURO CHAT SESSION WITH JOE ROSS:

Wednesday, January 13, 2010

Wednesday, January 20, 2010
Wednesday, January 27, 2010

We hope you will join us!

Here is where you login to Joe's Euro Chat
You can also view our saved weekly Chat Logs in case
you missed any Chats but want to be up-to-date.

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Traders Forum - for Traders with passion and a desire for better knowledge

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We created our Trading Community Forum for the purpose of providing positive, uplifting educational material to traders who want to participate. There is much to be gained from the collective wisdom and experiences of those who choose to participate.

Let's share what we have learned that has been helpful. Let's all push forward to exchange new ideas and interesting concepts.

There is no "one" way to trade correctly. Trading is as individual in its nature as anything in this world can be. The only thing that is right is what works for you.

If you are willing to share what works for you, then we welcome you. Your ideas may help someone else on his/her way to success. In turn, you may pick up an idea or piece of information that will help you to become a better trader.

Joe Ross has been trading the markets, virtually all of them, beginning over five decades ago. He is now in his seventh decade of life, so he has the experiences of many years that he is willing to share, as he is already doing through his books, seminars and newsletters.

We hope you decide to join us in our forum to make your contributions as well.

You can follow this link to our forum now!

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About Spread Scan

The Spread Scan weekly newsletter is designed to assist you in becoming a better, more complete trader by showing you, within the context of the markets, how to trade spreads.

In this newsletter you will see applications of spreading in the futures and commodity markets. Spreads are applicable to all futures markets including currencies, commodities, financial instruments, and stock indexes. It is even possible to trade spreads in the all-electronic intraday market using day trading techniques.

Spreads are based on seasonality, correlation, backwardation, chart patterns, and simple observation. Spreads follow the Law of Charts™ and can be implemented using the Traders Trick™ entry.

In each issue of Spread Scan, you will find an upcoming spread trade for your consideration in the following week. You will also find a review of an existing or closed spread so you can see and learn how spread trades are managed.

Spreads offer you the most efficient use of your margin account of any other way to trade. Many traders find they like them so much that spreading becomes their primary way of trading. 

Each week we present spread trading examples and opportunities to help you become a more professional spread trader, and we provide you with helpful content of interest to traders.

Be sure to "white list" us to receive all your issues of Spread Scan, so that you can continue to enjoy learning through the best free educational trading information available, and so that we can inform you about additional educational services and products to help you grow as a successful and profitable trader.

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About Andy Jordan

Educator for Spread Trading and Editor of Traders Notebook & Spread Scan

Andy Jordan made his first option trade at the age of 18. Since then he has been fascinated by the world of trading. In 2002 he met Joe Ross, and became interested in spread trading. Andy was then intensively tutored by Joe Ross and personnel at Trading Educators. Andy is the founder and president of Jordan Trading, S. A. Even though Andy has shown through live chats and in several trading journals that he is able to day trade today's markets, spread trading has always been his preference. In addition to his own spread trading activities, Andy is the editor of Traders Notebook. For those interested in one-on-one personal coaching, Andy has developed and instructs an online course in spread trading, "Trading Mentoring - Trade with a Pro," during which he demonstrates all aspects of trading from choosing the trades on through how and when to enter the trades, manage the trades, and exit the trades.

Andy Jordan was born 1965 in Germany, but is currently living in the Caribbean. He has studied mathematics and business administration in Regensburg and Hagen, and holds a PhD in mathematics.

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About Joe Ross

Joe Ross has been trading and investing since his first trade at the age of 14, and is a well known Master Trader and Investor. He has survived all the up and downs of the markets because of his adaptable trading style, using a low-risk approach that produces consistent profits.

Joe Ross is the discoverer of the Ross hook™, and has set new standards for low-risk trading with his concepts of "The Law of Charts™ " and the "Traders Trick Entry™." Joe was a private trader and investor for much of his life, but a serious health situation in the late 80's caused him to shift his focus, and that is when he decided to share his knowledge. After his recovery, he founded Trading Educators in 1988, to teach aspiring traders how to make profits using his trading approach.

Joe Ross has written twelve major books and countless articles and essays about trading. All his books have become classics, and have been translated into various languages. His students from around the world number in the thousands. His file of letters containing thanks and appreciation from students on every continent (now including Antarctica!) is huge. As one tutoring student, a successful trader, wrote: "You have no idea how much improvement in my life and in my trading efforts have those three days with you brought to me."

Joe Ross holds a Bachelor of Science degree in Business Administration from the University of California at Los Angeles. He did his Masters work in Computer Sciences at the George Washington University extension in Norfolk, Virginia. He is listed in "Who's Who in America." After 5 decades of trading and investing, Joe Ross still tutors, teaches, writes, and trades regularly. Joe is an active and integral part of Trading Educators. He is the primary author and Editor-in-Chief of the company's newsletters: Chart Scan, Spread Scan™, and Traders Notebook™. He is also the editor of the Traders Money Club and the host of the free Traders Live Chat, the free European Chat for Traders, and the moderator of his popular trading forum.

Joe's philosophy for helping traders is:

"Teach our students the truth in trading — teach them how to trade"

Joe sets forth the mission of Trading Educators as follows:

  • To show aspiring futures traders the truth in trading by teaching them how to read a chart so that they can successfully trade what they see, and by revealing to them all of the insider knowledge they need in order to understand the markets.
  • To enable them to trade profitably by training them to properly manage their trades as well as their mindset and self-control.

For information about Joe Ross and Trading Educators, please follow this link...

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Legal Notice

Joe Ross & Trading Educators, Inc. own all rights, title and interest to this publication. No part of this publication may be reproduced, in whole or in part, or by any means, mechanical or electronic, without permission in writing from the Publisher.You have no rights to resell, reprint, reproduce, or digitize Joe's Spread Scan Newsletter. While all attempts have been made to verify information provided in this publication, neither the author nor the Publisher assumes any responsibility for errors, omissions, or contrary interpretation of the subject matter herein.

This publication is not intended for use as a source of any advice such as legal, medical, or accounting. The Publisher wants to stress that the information contained herein may be subject to varying international, federal, state and/or local laws or regulations. The purchaser or reader of this publication assumes responsibility for the use of these materials and information. Adherence to all applicable laws and regulations, including international, federal, state and local, governing professional licensing, business practices, advertising and all other aspects of doing business in the US, Canada, or any other jurisdiction is the sole responsibility of the purchaser or reader. Neither the author nor the Publisher assumes any responsibility or liability whatsoever on the behalf of any reader of these materials.

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LIVE SEMINAR ANNOUNCEMENT

 

Day Trading Seminar for
E-mini S&P,
Forex, and Stocks

with Joe Ross
in Dallas/Fort Worth, Texas -
March 20/21, 2010

 

 

MORE THAN 30 SEMINAR HIGHLIGHTS, INCLUDING JOE'S FIVE MOST IMPORTANT TRADING SETUPS, WILL DIRECT YOU TOWARDS BECOMING A WINNING TRADER, REGARDLESS OF WHAT YOU DAY TRADE.

 

Can you imagine learning a simple technique that offers you all of the following?

 

- Tells you where to place your stop loss


- Tells you where to set your objective

 

- Tells you which market to be in

 

- Tells you which time frame to be in

 

- Tells you how many contracts to trade in accordance with your risk tolerance

 

No more guessing at where to place your stop loss. You will know which markets and time frames to trade every single day. No more being stuck in one market and one time frame. How could anyone truly believe that he should trade a 5-minute chart in the same market each and every day? You want to go where the money is, but it can be in a different place tomorrow from where it was today!

 

Joe is going to reveal this simple technique at the Dallas seminar.
You will be truly amazed!

 

LEARN from a master trader as he shares with you the very essence of what you need in order to become profitable in day trading today's markets. Follow this link to find out everything you need to know about this day trading seminar.

 

This is what our valued clients said about the October 2009 seminar:

 

“This is by far the best seminar of any type that I have ever attended. Joe is brilliant.”
-- Lance White, USA (TX)

 

“WOW! What can I say? My head is still spinning from the amount of knowledge Joe has instilled in us all in the past two days. I am incredibly happy to meet Joe and have the possibility to learn from him in person. He makes complicated issues seem very easy with his down to earth explanations. Thank you so very much, Joe!”
-- Bruce Scrimshaw, USA (OH)


“The course taught me a whole new way of looking at the market. Joe Ross is an excellent teacher.”
-- Venkat Juvvadi, USA (TX)

 

“As usual, Joe’s teachings are great. He teaches without all of the indicators which tend to only confuse the issue. Just use what you see on the charts. If you can do just that you will be many dollars ahead. I know this is hard to do but trust me, it works.”
-- Richard Frech, USA (TX)

 

 

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"FX-ATM is a perfect hands-on learning tool. I joined FX-ATM in early November 2009, and the first trade more than paid for my 6 month subscription. Thanks Marco!" -- R. Jones, Canada

 

 

"I tested the service for 1 month, that was enough to convince me to sign-up for a 6 months subscription. Marco Mayer is a first class trader. Out of 8 trade recommendations there were 6 winners, there was only 1 loser and 1 break-even trade. Over a period of 3 months he has a hitrate of 86% winning trades. If that is not 1st class, I don't know what else could be."
-- M. Feltham-Moro, Italy

 

 

 

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Spread Scan with Commentary Previous Trades diamond Trading Article diamondTrader's Live Chat diamond About Andy Jordan

1509 Jackson Drive
Cedar Park, TX 78613
Phone: 800-476-7796 or 512-249-6930


Office hours are Monday - Friday, 9 A.M. to 5 P.M., U.S. Central Time
Questions or Comments? Please email us: support@spread-trading.com

Disclaimer:
The Commodity Futures Trading Commission has asked us to advise you that trading futures is complex and carries a high degree of risk. While there is opportunity for incredible wealth building, there is also the risk of losing even more than you invested. Of course, that's not unlike most other businesses. But informed traders are the best traders!