Have a specific question?
Why I don't use Technical Indicators?
Using technical indicators like moving averages, RSI, stochastics, bollingerbands, etc, are by their very design a lagging indicator. Technical indicators focus exclusively on past price action. It looks at what happened to a markets price in the past and uses that history to predict future movements while ignoring the factors that drive those price moves. It’s like driving a car by only looking in the rearview mirror. No matter how hard you stare at what just happened, you’ll get no clues about what’s to come.
The biggest problems with technical indicators:
- they are based on mathematical equations and the right parameters(input values) are never static but constantly changing.
- Technical indicators lag price.
- Technical indicators are not reliable on their own, so they are more subjective.
- Not universal- no one indicator(same input values) works in all markets.
- All of these indicators are “Curve Fitted” to past price behavior.
What are Behavioral Patterns?
Behavioral Patterns are based on the premise that human behavior, on a mass scale, can be predictable under certain conditions with a high degree of accuracy.
Using a process called predictive modeling or predictive analytics, we have identified specific price patterns that precede future outcomes. The goal of predictive modeling is to answer this question: “Based on known past behavior(“Behavioral Patterns”), what is most likely to happen in the future?
What are the advantages of Behavioral Patterns?
Advantages of Behavioral Patterns:
- No lag time.
- Works in all markets and conditions.
- Can be reliably quantified(measured) through historical testing.
What markets can I trade using Behavioral Patterns?
The strongest advantage of using Behavioral Patterns are their universal use.
Unlike traditional technical indicators that have adjustable input values, Behavioral Patterns have no inputs and can be applies to any freely traded market and any time-frame. Plus, they are easy to quantify(measure) with any historical data.
What's the best platform to use with Behavioral Patterns?
Any platform that provides the ability to display price charts in different time-frame, will work(most all do).
I prefer to use and trade through Nadex(North American Derivatives Exchange)
Nadex, which is a USA regulated broker/exchange, allows me to trade a variety of markets from stock indices, commodities, forex currencies and cryptos. Nadex offers many advantages not found on most other exchanges.
What are the hours for the live trading rooms?
On days that the U.S. markets are open, our live trading room is open Sunday nights from 8:00pm–10:00pm EST, Monday-Thursday 9:00am–4:00pm & 8:00pm – 10:00pm EST. Friday’s from 9:00am–4:00pm EST.
How much capital do I need to start trading?
Never trade with real money until you can demonstrate in a simulator or demo account that you can trade profitably over an extended period of time. This depends on many factors, and is different for each trader.
The minimum capital to start trading with, will once again, be based on your experience and risk tolerance. Using a trade simulator or demo account, will give you a better idea for your starting capital.
I wouldn’t start any live trading with less than $500.00 – $1,000.00. Remember, drawdowns or losses are a part of this business and all professional have them. How you contol them, depends on your own trading skills and experience.
Can I apply these Behavioral Patterns to different time-frames?
Yes, you can use these Behavioral Patterns with your prefered time-frame. Day-traders, Swing traders and Position traders can all benefit using these patterns. But, remember, these Patterns are based on human behavior during specific events, so the shorter the predicted outcome, the more accurate is the prediction.
How long does each trade last?
Our Setup Patterns work with all time-frames from 5 minutes to Daily Setups.
Do you have customer support?
Our customer support team is available to assist you at : firstname.lastname@example.org
How do I sign-up for your service?
We offer several packages to get started. Please go to the Trading Education tab for more information.
How do I cancel my monthly Live Trading Room subscription?
To remove yourself from auto renewal and cancel your account, please contact use within 3 business days before your renewal. Your billing expiration date can be found by keeping track of your start date or checking account when you made the last payment. Please remember, if you forget to cancel your monthly subscription within 3 business days before billing recurs, there are no refunds.