Professional Documents
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ELITE STOCK
TRADING COLLEGE
WEEK #2
STOCK
STRATEGY #1
DISCLAIMER
Hypothetical or simulated performance results have
certain inherent limitations unlike actual performance
record: simulated results do no not represent actual
trading. Also, since the trades have not actually been
executed, the results may have under- or
overcompensated of the impact, if any, of certain market
factors, such as lack of liquidity. Simulated trading
programs in general are also subject to the fact that they
are designed with the benefit of hindsight. No
presentation is being made that any account will or is
likely to achieve profits or losses similar to those
predicted or shown.
STOCK COLLEGE
CURRICULUM
Week #1 The Foundation and Building Blocks of Stock Trading
Week #2 Stock Strategy #1
WEEK #1
REVIEW
SIMPLICITY
EQUALS
CONSISTENCY
MY GOAL IS TO TEACH
YOU HOW TO TRADE
WITH THE
SPECIALISTS EDGE
STOCK
STRATEGY #1
Strategy #1 Highlights
STRATEGY #1
INDICATORS
50-period Simple Moving Average (sma)
21-period Donchian Channels
STANDARD
VERSION
All Members (Beginners Advanced)
Pullback Strategy
Traders Who Are Looking To Catch Swing Moves
STEP BY STEP
Step 1
Price must be above the 50-period sma
- AND All 3 Donchian Channels must be headed in
an upward direction.
Step 2
Look to buy when the rising price bar first
begins to decline and eventually touches
the mid-line of the rising channel.
(SET-UP)
Step 3
Enter long position on the first
confirmation of price trading above the
previous bars high.
ENTER
Step 4
Place your protective stop below the
lowest low of the pullback.
ENTER
STOP
Step 5
Sell (exit) when price touches the
highest Donchian Channel.
EXIT
ENTER
STOP
STRATEGY #1
SELL RULES
ENTER
STOP
ENTER
STOP
ENTER
EXIT
MORE
STRATEGY #1
TRADE EXAMPLES
+37.38 pts.
STOP
ENTER
473.24
EXIT
435.86
+0.89 pts.
+12.50 %
EXIT 7.75
ENTER 6.90
STOP
+1.69 pts.
+2.35 pts.
EXIT
84.87
EXIT
85.85
+2.77 pts.
EXIT
82.78
ENTER
84.16
STOP
STOP
STOP
ENTER
80.01
ENTER
82.52
EXIT
196.57
196.58
STOP
STOP
ENTER
195.51
ENTER
195.92
AGGRESSIVE
vs.
CONSERVATIVE
STRATEGY #1
AGGRESSIVE
VERSION
(Shallow Pullback)
+2.02 pts.
EXIT
49.48
STOP
ENTER
47.46
+1.94 pts.
STOP
EXIT
83.05
ENTER
84.99
STRATEGY #1
CONSERVATIVE
VERSION
(Deep Pullback)
STOPPED
OUT
STOPPED
OUT
STOPPED
OUT
STOPPED
OUT
STOPPED
OUT
STOPPED
OUT
STOPPED
OUT
STOPPED
OUT
STOPPED
OUT
STOPPED
OUT
STOPPED
OUT
STOPPED
OUT
STOPPED
OUT
STOPPED
OUT
STOPPED
OUT
STOPPED
OUT
STOPPED
OUT
STOPPED
OUT
STOPPED
OUT
STOPPED
OUT
STOPPED
OUT
STOPPED
OUT
STOPPED
OUT
STOP
+20.96 pts.
EXIT
546.90
STOPPED
OUT
STOPPED
OUT
ENTER
525.94
STOP
STRATEGY #1
MOVING STOP TO
BREAKEVEN
EXIT?
ENTER
STOP
EXIT?
50%
ENTER
STOP
EXIT?
ENTER
STOP
EXIT?
ENTER
100%
STOP
EXIT?
200%
ENTER
100%
STOP
EXIT?
200%
ENTER
100%
STOP
STRATEGY #1
VARIATIONS
Donchian Channel
Settings
(Increments of 7)
CONTINUATION
TRADING WITH
DONCHIAN
CHANNELS
BUY
BUY
BUY
BUY
BUY
BUY
BUY
BUY
BUY
SELL
SELL
SELL
SELL
SELL
SELL
SELL
SELL
SELL
SELL
SELL
STRATEGY #1 REVIEW
HOMEWORK
ASSIGNMENT
IDENTIFY RECENT
STRATEGY #1 TRADE
Time Frame DAILY BAR
1. Buy or Sell?
2. Identify Price of Entry, Stop Placement, and Exit Price.
3. Profit or Loss?
MY GOAL IS TO TEACH
YOU HOW TO TRADE
WITH THE
SPECIALISTS EDGE
ELITE STOCK
TRADING COLLEGE
WEEK #3
STRATEGY #4
QUESTIONS
stevenprimo@specialisttrading.com
brettm@specialisttrading.com
1-310-844-7220
DISCLAIMER
Hypothetical or simulated performance results have
certain inherent limitations unlike actual performance
record: simulated results do no not represent actual
trading. Also, since the trades have not actually been
executed, the results may have under- or
overcompensated of the impact, if any, of certain market
factors, such as lack of liquidity. Simulated trading
programs in general are also subject to the fact that they
are designed with the benefit of hindsight. No
presentation is being made that any account will or is
likely to achieve profits or losses similar to those
predicted or shown.