» » Seven Trading Systems for the S&P Futures: Gap Strategies to Day Trade the Opening Bell

Seven Trading Systems for the S&P Futures: Gap Strategies to Day Trade the Opening Bell download epub

by David Bean


Epub Book: 1261 kb. | Fb2 Book: 1405 kb.

David Bean has been trading the financial markets since 1995.

David Bean has been trading the financial markets since 1995. He started with stocks but quickly moved on to futures in 1996 and began develop automated trading systems in 1997. Does it always work? no, but improving one's probabilities is the goal here.

Start by marking Seven Trading Systems for the S&p Futures: Gap .

Start by marking Seven Trading Systems for the S&p Futures: Gap Strategies to Day Trade the Opening Bell as Want to Read: Want to Read savin. ant to Read. Discover seven new trading strategies for the S&P futures.

Does it always work? no, but improving one's probabilities is the goal here.

Items related to Seven Trading Systems for the S&P Futures: Ga. .David Bean has been trading the financial markets since 1995. He started with stocks but quickly moved on to futures in 1996 and began develop automated trading systems in 1997

Items related to Seven Trading Systems for the S&P Futures: Ga.David Bean Seven Trading Systems for the S&P Futures: Gap Strategies to Day Trade the Opening Bell. ISBN 13: 9781453674765. He is currently registered as a Commodity Trading Advisor and is a National Futures Association member.

Discover seven new trading strategies for the S&P futures We specifically cover the rules on how to systematically day-trade the . SalesPage (more info).

Discover seven new trading strategies for the S&P futures. If you are a beginner or advanced, trading the daily open can be one of the best ways to trade the market. We specifically cover the rules on how to systematically day-trade the E-mini S&P 500 futures. Learn how to distinguish between four different gap trading setups and how to trade a Gap Fill or Gap Continuation. Learn how to combine two strategies into one. Understand the PT/SL Ratio.

Gap Strategies to Day Trade the Opening Bell. Learn how to exit a trade with graphical analysis techniques.

Discover an advanced trading strategy for the futures markets. comWe challenge the Lies of Wall Street that favor your broker more than you with our Trading System Principles.

Automated algorithmic trading strategies for futures traders with . I wrote Seven Trading Systems for the S&P Futures in 2010

Automated algorithmic trading strategies for futures traders with EasyLangugage code. The membership area includes NinjaScript and MultiCharts code. I wrote Seven Trading Systems for the S&P Futures in 2010. The First Thing Every Pro Looks for at the Opening Bell - Do you know what a gap is? If so, do you know how to trade it? Four Different Gap Patterns - The details of the gap are important.

A 2018 video update from the author of how the trading systems have performed since the release of this book with NinjaTrader and MultiCharts code now available. https://capstonetradingsystems.com/products/seven-trading-systems-for-the-s-p-futures-e-book Discover seven new trading strategies for the S&P futures. If you are a beginner or advanced, trading the daily open can be one of the best ways to trade the market. We specifically cover the rules on how to systematically day-trade the E-mini S&P 500 futures. Learn how to distinguish between four different gap trading setups and how to trade a Gap Fill or Gap Continuation. Learn how to combine two strategies into one. Understand the PT/SL Ratio. Learn how to exit a trade with graphical analysis techniques. Discovering both the art and science of trading as well as the secret behind optimization. Use this book to further develop your own strategies to trade the daily open in any market. The rules and Tradestation EasyLanguage code are completely disclosed for all seven systems so that the strategies can be fully automated or traded manually.

Comments: (7)

Rigiot
As we are all aware 95% of all trader lose money in the markets. Why? Because 99% of all trading books and seminars teach systems and techniques that simply just don't work! Most of the authors hide this fact by simply 1) not giving you their system code, 2) not showing you a long term equity curve that proves that the system is either good or worthless, 3) not sharing performance data such as profit ratio, Sharpe number, etc. All you get is a bunch of convoluted trading signal instructions and hype that the untested system is great.

Dave shares his system code, supplies long term equity curves, and uses TradeStation to create the system performance summary data. I've tested his mechanical systems and they work, and work quite well as advertised.

Mr. Bean owes me big-time for endorsing his book, but I believe that he's one of the few honest authors out there whose systems deliver as promised. I suspect that they will also work well for the high-volume ETFs like SPY, DIA, and QQQQ, and perhaps several high volume traded stocks like IBM, INTC, and MSFT. In my opinion this book is more useful than 99% of the +$10,000 trading seminars/courses out there. So grab it before Dave comes to his senses and raises the price.

As for the other 99% authors: Some one once said that "Any trading system can be profitable... as long as you sale enough copies of it."
Orevise
(Reviewed Different Book Below ((book that I use along with Bean's)and Posted It).

Bean's Book of 7 strategies for the opening bell is fabulous, and I use it everyday and observe the banks' traders in the pits, according to live commentary I listen to doing very similar if not the exact same trades (but they retract and change if mkt conditions change in major ways). Does it always work? no, but improving one's probabilities is the goal here. One cautionary note: I can't imagine doing what the author suggests and allowing a computer to automate trades based on gap conditions and hold until the end of the day without seeing the specific contexts of price moves live- unless one wants to avoid carpal tunnel syndrome and just not click around all day actively trading. A reader can take a blank paper and condense the high points of the four or eight types of gap strategies, plus some other tips from the book, onto the page to refer to within the first five minutes of each trading day. Five stars if it were better edited and simplified such that the simplest of readers could could understand all of it, and, in my 4th academic degree, I still don't understand two parts of one of the gap setups after re-reading a lot, although I own the other 7 and use them.
(Other Book I accidentally Reviewed Here):
Gutman writes and excellent work on e-mini trading; I especially like the intermarket divergence and MACD divergence content. Some of his ideas are more applicable to Trade Station, although Think or Swim can be used for most of these ideas (a private scripter's website unaffiliated with Think or Swim has created a Cumulative Ticks and Statistical Z-Score MACD with the apropo standard deviation updates based on this book that can be used on the TOS platform but must be imported). Specifically, as of late, I put the Cumulative Ticks study under a 1-minute chart with $ADVN-$DECN (internals- advancers vs decliners)with a compressed bollinger band percent snapback study with settings from Thomas Carr's, "MicroTrend Trading" underneath the same chart)). I like his core set of basic price patterns, and enjoy his easy use of the 3-minute 20 EMA along with the tick charts. My only critique, if I had to cough one up on a book I've carried around for weeks now, is that its literary form is not perfectly edited, and the page 101 tick chart aggregations that the author states may need to be adjusted do.

The author names the first hour's range the Initial Balance, while the opening range of the first 5-minute bar is now often considered by commentators to be the "opening range," although traders in the past would consider the first hour to be the opening range. Time pivots are great and well-explained, but volume profile content is hard for me to apply/understand, so I am not incorporating all of the book's content (one study can't be on TOS and TOS' volume profile-based value areas are just one more chart I can' fit onto my extensive grid sets; as a proxy, I use Volume Spread Analysis and VWAP studies).

Regardless of one's trading style or skill levels, this book has at least three things to ameliorate almost any trader's repertoire and game.
Anarius
Most all trading books are filled with filler and fluff. Mr. Bean doesn't waste your time with chart patterns, trend lines, or how you should complete your trading journal with honest confessions. Instead, Mr. Bean simply presents his evidence accompanied with statistical output. In short, Mr. Bean is the real deal. The systems presented are the result of hard work and honest effort.

If you are looking for magic, then this is not the book for you. If you want to learn how a professional trader consistently beats the market...this is the book you need.
Oso
A book with no value. It is meant for certain programs and gives very little to someone who does not use those programs.
Karg
More of a pamphlet than a book. 90 pages, big font, pretty skimpy. Haven't read it yet, but hopefully there is $40 worth of useful information in here somewhere.
Moogura
This book is exclusively for Tradestation users, the title should be something like "Seven TRADESTATION Trading Systems For The S&P Futures". I have an equities trading account with another brokerage and use their realtime data and charting for my S&P futures trading also, I do not use Tradestation and therefore cannot use the code or backtesting in this book, the book is dedicated entirely to Tradestation.

I purchased the book thinking that it was an overview of seven unique trading strategies for opening gaps but I was dissapointed. And, the book is very cheaply done, it reminds me of those "print when ordered" books that are sold on the web. I honestly would like to have my money back.
Moswyn
I DON'T BELIEVE THE AUTHOR IS A GOOD TRADER. PROBABLY HE DOES NOT TRADE, HE SIMPLY OBSERVED CHARTS AND WROTE THE BOOK.
I bought this book, since the title caught my eyes, there aren't a lot of S&P futures day-trading books out there that are useful, and this guy is a developer, which is a common point with me. Overall, this books is mediocre at best. It's only 90 pages, and if you take all the pictures away (which aren't that useful), maybe it's about 40. The author slapped the stuff together - that is quite obvious - as there are numerous grammatical and spelling typos throughout. Overall, a disappointment. The author does offer backtesting results, which you don't see in print often, but I need to verify his results on my own. Based on his careless writing skills, I cannot trust his statistics implicitly. He uses Tradestation as his backtesting platform, and I will need to confirm his results with my own platform. If his results confirm accurately, I may come back and give him 3 stars, instead of 2.
Seven Trading Systems for the S&P Futures: Gap Strategies to Day Trade the Opening Bell download epub
Investing
Author: David Bean
ISBN: 1453674764
Category: Business & Money
Subcategory: Investing
Language: English
Publisher: CreateSpace Independent Publishing Platform (July 20, 2010)
Pages: 94 pages