__DBZ__
2008-Sep-30, 12:50 AM
Trading To Win Edition 2003
by Bryce Gilmore
A complete Traders Guide to Trading the S&P 500 and E-Mini Futures
Contents
Introduction - Trading to WIN
Close Stops - Basics you need to know to win
Opening Price - High - Low - Closing Price
3 Day Range - Balance Points – 3 day swing
The Cardinal Ratios
Waves of Similar Degree
Retracements in Degree
Projections in Degree
My X-ABCD System and simple Wave Sets
Internal Geometry on the completion of a Wave Series
Examples of Multiple Wave Sets
Odd Ball Retracement Levels and Targets
Price Analysis as a Trading Tool
MOB (Make or Break) Levels
Market Observations May 7th – June 10th, 2002
Reversal Patterns
3 Drives to a Top or Bottom
Continuation Patterns
General Pattern Tools
Reversal Bars
News Events / Reports / Economic Indicators
Short Term Trend Indicators
Medium Term Trend Indicators
Open Interest (Conviction meter)
Continuous 1st Month Futures charts and Rollover Period
S&P - Important periods of the Day
Square of 9 explained
Where to take a TRADE using close stops
Daily Preparations CHECK LIST
Weekly Preparations CHECK LIST
Psychological Aspects of Trading to WIN
Trading in the ZONE
Logic
My Epilogue http://i33.tinypic.com/2jayl3n.jpg
Bryce Gilmore
In 1982 I began trading commodity futures as a full time occupation, I sold my car business at the end of 1982. For the first 3 years I traded a breakout stop and reverse system on 10 varied commodity contracts. I spent endless hours optimizing the system as the system required it held a position in each commodity at all times. The system was extremely profitable in trending markets and with the right money management and a scale up and down approach produced very good returns. Nevertheless when the markets got choppy it was difficult to stop it from making large drawdowns. Drawdowns are the inherent problem with all systems and the more I optimized I found they were impossible to erradicate. The equity swings in my account were unbelievable. Up $35,000 one day and down $30,000 the next. This led me to study Elliott Wave, Gann Theory and Larry Williams methods so I could move to a discretionary trade selection process.
Throughout 1985, 1986 and onwards I designed and programmed my own WaveTrader(c) software to conduct and test my analysis and the ideas I had formulated. Throughout these years I met lots of traders with the same objective and would share ideas with some of the brighter ones. My software became popular with Gann & Elliott oriented trader’s because of its accuracy with the complicated analysis of time and price.
When I found it was possible to identify the exact highs of rallies or the exact lows in declines I knew I was onto something unique. All that was necessary then was to develop a disciplined way to trade with the information.
In 1987 I was invited to enter a public trading contest with real money, the entry fee was $1000 with winner take all on a basis of percentage earned on your own account over the contest period which was originally scheduled for 3 months. It wasn't a bad deal as there were 55 entrants. Unfortunately the contest was closed down after 6 or 7 weeks due to the stock market crash of 1987. Funny thing each week while the contest was in progress, results of leaders were published in the FINANCIAL REVIEW every Friday. At no time were there more than 5 entrants showing profitable results. At the end when the contest was closed out the winner came in with a return of over 1000% due to the fact that he had 3 put contracts on the Australian share market when it crashed 600 points in one day. I knew him well and he used Gann & Elliott methodologies, but over all the years I knew him he would have huge swings in his account because of the way he traded. Myself and 2 others finished with returns above 40% for the 6 weeks as we were trading a more conservative approach but we could have made 300% over a year. Everyone else lost money and some had lost their original stakes and re-entered with a new stake. It was a real genine contest and it brought home the odds of winning consistently as far as I was concerned.Over the next several years I published my initial findings and became well known to an inner circle of technical analysts and traders around the world. This led to invitations to speak at trading seminars and over the years I have conducted seminars for my students World wide, although mostly in Australia and the USA.As the popularity of the internet grew I embraced it as the medium to instruct my students in real time.
I have now written and published 5 ground breaking books on technical analysis and trading metodologies:
Geometry of Markets – 1989
Geometry of Markets II – 1993
Dynamic Time and Price Analysis of Market Trends – 1998 (Superceded by later edition)
Trading with an EDGE - 2001 - 2nd Edition now released 2002 with upgraded material
Dynamic Time and Price Analysis - 2002 - a replacement for the DT&PAMT book written in 1998.
Trading to WIN - 2002 (superceded by later addition)
Trading to WIN Course - One Day at a Time - [c] 2004The information contained in my most recent books are all you need to study because these books are dedicated to trading principles, rules, patterns and trend signals. How to make entries, how to place stop losses, how to control your risk and all the important things a trader needs to know.
One of the failures of most trading books I have read in the past is they leave out the “human element” associated with the day-to-day behavior of most markets. Most want to deal with the past or forecast the future - none that I know of deal with the "now" where the money is made on a day to day basis.
Always remember I have taken the time to document all my knowledge and then use it to proceed along in life. It has taken me endless hours of work to do this but it has probably proven to be the key to my success as when I get off track I can go back and refresh my memory. I have also found that in publishing my work it never made any difference to what the markets eventually did.. The markets would have done what they did anyway. My books are my bible, they may become your bible too if you wish to put in some work. When you understand their contents you will be capable of making a career out of trading.
Bryce T. Gilmore
http://i35.tinypic.com/i3a32f.jpg
Contributor's Notice:
This is the 2003 edition,if you want the newer 2004 edition, please go here:
http://www.friendlytraders.com/forum/3423_60/trading-win-course-one-day-at-time-gilmore-bryce.html
Download/Mirror Linkshttp://www.friendlytraders.com/forum/images/custom/hand.gif
No file, if any, is stored on our servers. Only external download links
are provided by third party file sharing/hosting services like badongo,
divshare, fileden, filefactory, filefront, mediafire, megaupload,
megashares, mihd.net, multiply.com, rapidshare, rapidsharing,
rapidupload, turboupload, sendspace, sexuploader, uploading.com, zshare, zupload etc. <span style="font-size: 100%;">(Disclaimer: The owner of this site is
not responsible for any content made by anyone else in the forum. The owner does not sell or own anything here. The contents are provided "as-is". Please support the developers if you like their products/services. They need your money to support their fine research and work.)</span><br />
[Hidden Content]
by Bryce Gilmore
A complete Traders Guide to Trading the S&P 500 and E-Mini Futures
Contents
Introduction - Trading to WIN
Close Stops - Basics you need to know to win
Opening Price - High - Low - Closing Price
3 Day Range - Balance Points – 3 day swing
The Cardinal Ratios
Waves of Similar Degree
Retracements in Degree
Projections in Degree
My X-ABCD System and simple Wave Sets
Internal Geometry on the completion of a Wave Series
Examples of Multiple Wave Sets
Odd Ball Retracement Levels and Targets
Price Analysis as a Trading Tool
MOB (Make or Break) Levels
Market Observations May 7th – June 10th, 2002
Reversal Patterns
3 Drives to a Top or Bottom
Continuation Patterns
General Pattern Tools
Reversal Bars
News Events / Reports / Economic Indicators
Short Term Trend Indicators
Medium Term Trend Indicators
Open Interest (Conviction meter)
Continuous 1st Month Futures charts and Rollover Period
S&P - Important periods of the Day
Square of 9 explained
Where to take a TRADE using close stops
Daily Preparations CHECK LIST
Weekly Preparations CHECK LIST
Psychological Aspects of Trading to WIN
Trading in the ZONE
Logic
My Epilogue http://i33.tinypic.com/2jayl3n.jpg
Bryce Gilmore
In 1982 I began trading commodity futures as a full time occupation, I sold my car business at the end of 1982. For the first 3 years I traded a breakout stop and reverse system on 10 varied commodity contracts. I spent endless hours optimizing the system as the system required it held a position in each commodity at all times. The system was extremely profitable in trending markets and with the right money management and a scale up and down approach produced very good returns. Nevertheless when the markets got choppy it was difficult to stop it from making large drawdowns. Drawdowns are the inherent problem with all systems and the more I optimized I found they were impossible to erradicate. The equity swings in my account were unbelievable. Up $35,000 one day and down $30,000 the next. This led me to study Elliott Wave, Gann Theory and Larry Williams methods so I could move to a discretionary trade selection process.
Throughout 1985, 1986 and onwards I designed and programmed my own WaveTrader(c) software to conduct and test my analysis and the ideas I had formulated. Throughout these years I met lots of traders with the same objective and would share ideas with some of the brighter ones. My software became popular with Gann & Elliott oriented trader’s because of its accuracy with the complicated analysis of time and price.
When I found it was possible to identify the exact highs of rallies or the exact lows in declines I knew I was onto something unique. All that was necessary then was to develop a disciplined way to trade with the information.
In 1987 I was invited to enter a public trading contest with real money, the entry fee was $1000 with winner take all on a basis of percentage earned on your own account over the contest period which was originally scheduled for 3 months. It wasn't a bad deal as there were 55 entrants. Unfortunately the contest was closed down after 6 or 7 weeks due to the stock market crash of 1987. Funny thing each week while the contest was in progress, results of leaders were published in the FINANCIAL REVIEW every Friday. At no time were there more than 5 entrants showing profitable results. At the end when the contest was closed out the winner came in with a return of over 1000% due to the fact that he had 3 put contracts on the Australian share market when it crashed 600 points in one day. I knew him well and he used Gann & Elliott methodologies, but over all the years I knew him he would have huge swings in his account because of the way he traded. Myself and 2 others finished with returns above 40% for the 6 weeks as we were trading a more conservative approach but we could have made 300% over a year. Everyone else lost money and some had lost their original stakes and re-entered with a new stake. It was a real genine contest and it brought home the odds of winning consistently as far as I was concerned.Over the next several years I published my initial findings and became well known to an inner circle of technical analysts and traders around the world. This led to invitations to speak at trading seminars and over the years I have conducted seminars for my students World wide, although mostly in Australia and the USA.As the popularity of the internet grew I embraced it as the medium to instruct my students in real time.
I have now written and published 5 ground breaking books on technical analysis and trading metodologies:
Geometry of Markets – 1989
Geometry of Markets II – 1993
Dynamic Time and Price Analysis of Market Trends – 1998 (Superceded by later edition)
Trading with an EDGE - 2001 - 2nd Edition now released 2002 with upgraded material
Dynamic Time and Price Analysis - 2002 - a replacement for the DT&PAMT book written in 1998.
Trading to WIN - 2002 (superceded by later addition)
Trading to WIN Course - One Day at a Time - [c] 2004The information contained in my most recent books are all you need to study because these books are dedicated to trading principles, rules, patterns and trend signals. How to make entries, how to place stop losses, how to control your risk and all the important things a trader needs to know.
One of the failures of most trading books I have read in the past is they leave out the “human element” associated with the day-to-day behavior of most markets. Most want to deal with the past or forecast the future - none that I know of deal with the "now" where the money is made on a day to day basis.
Always remember I have taken the time to document all my knowledge and then use it to proceed along in life. It has taken me endless hours of work to do this but it has probably proven to be the key to my success as when I get off track I can go back and refresh my memory. I have also found that in publishing my work it never made any difference to what the markets eventually did.. The markets would have done what they did anyway. My books are my bible, they may become your bible too if you wish to put in some work. When you understand their contents you will be capable of making a career out of trading.
Bryce T. Gilmore
http://i35.tinypic.com/i3a32f.jpg
Contributor's Notice:
This is the 2003 edition,if you want the newer 2004 edition, please go here:
http://www.friendlytraders.com/forum/3423_60/trading-win-course-one-day-at-time-gilmore-bryce.html
Download/Mirror Linkshttp://www.friendlytraders.com/forum/images/custom/hand.gif
No file, if any, is stored on our servers. Only external download links
are provided by third party file sharing/hosting services like badongo,
divshare, fileden, filefactory, filefront, mediafire, megaupload,
megashares, mihd.net, multiply.com, rapidshare, rapidsharing,
rapidupload, turboupload, sendspace, sexuploader, uploading.com, zshare, zupload etc. <span style="font-size: 100%;">(Disclaimer: The owner of this site is
not responsible for any content made by anyone else in the forum. The owner does not sell or own anything here. The contents are provided "as-is". Please support the developers if you like their products/services. They need your money to support their fine research and work.)</span><br />
[Hidden Content]