- Risk and trade management;
- Shows areas to exit the market into potential counter-trend moves;
- Trade with the overall direction of the market;
- Strategy with potential reward greater than 1:1 This is a key consideration, as many traders focus only on a strategies win rate/accuracy however it is essential to view this figure in conjunction with risk/reward; and
- Allows us to be consistent in our application.
The chart type Davin uses in the video is the Renko or “Better Renko” bars.
Indicators used in the presentation include the:
- GTT TMR Signals and GTT TMR Momentum indicators,
- plus the GTT Ultimate Moving Average Cross alert indicator.
Davin Clarke has over 12 years experience trading as a full time professional. He has extensive experience in trading shares, futures, options and foreign exchange markets both in Australia and other worldwide markets. He has developed a keen insight into market structure and understanding of market dynamics.
Davin is a popular and sought after speaker throughout Australia and is featured in a number of books including The Wiley Trading Guide published by John Wiley & Sons, 20 Most Common Trading Mistakes and How You Can Avoid Them published by Wrightbooks and, Real Traders, Real Lives, Real Money published by Wrightbooks.
Davin Clarke has also co-authored his own books:
“Options Made Simple: A Beginner’s Guide to Trading Options for Success” published by John Wiley & Sons; and
“Trading Plans Made Simple: A Beginner’s Guide to Planning for Trading Success” also published by John Wiley & Sons.
If you would like any information please contact us via the contact form.
Thank you and good trading.
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