Chris Shea has over 10 years experience as a coach and private trader. He is the author of Licensed to Profit by Trading in Financial Markets (Wright Books) and is a contributor to “The Wiley Trading Guide, volume 2” (Wiley and sons) as well as “Your Trading Edge” magazine. Chris holds a B Ed, MSc and a Diploma of Professional Counselling.
|Posted: 1 March, 2016||Subjects: Trading_Strategies|
|Source: P2016 ADL||Available to: Members|
In this session Chris will outline the probability based Escalator Strategy that has been used by Chris and his clients to achieve Hit Rates of up to 70% and an Edge Ratio around 7. The approach is used by different members of his team in time frames that range from 10 to 60 seconds through to weekly/ monthly. The inherent technical parameters indicating the start and end an Escalator will be reviewed. The benefits and short comings of Escalator trading will be discussed. But importantly Chris will outline the psychological demand required to apply the Escalator Strategy successfully.