Archive | March, 2015

High Probability Trade Qualities

A frequently asked question is, “What is a high probability trade?”

When you sit down for a good trading session, finding a trade setup isn’t that hard-but there are trading setups, and then there are high probability trading setups.  In fact, in any given trading session you’ll only have a few setups with that coveted high probability quality that pays so handsomely!

So what are those qualities in a setup that make it high probability?

We’ve identified qualities of a high probability trade: (In order of importance)

1.     Trend.  Does the trend support the direction of the trade?

2.     Momentum.  Is momentum building or slowing?

3.     Support and Resistance.  Is the trigger above or below support?

4.     Pattern.  Is there a pattern to support the trade?

5.     Volatility.  Is there enough volatility to create a profit?

6.     Time.  Are you at the beginning of a time cycle?

7.     Indicators.  Does your favorite indicator support the setup?

Like a good attorney, you can use the qualities listed above to build a solid case for a high probability trade.  If you don’t have everything aligned, then the probability of successful trade drops.  If your trading setup has these qualities in perfect alignment, then there’s a high probability the trade will work to your favor.

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Success on the Field

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Everyone knows that Apiary fund is made of traders, but did you know that we have a professional football player right here in our midst? That’s right. Drafted by the BC Lions in Vancouver, Paul Allen grew up playing ball and decided to play for BYU in 1959.

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In 1961 Paul was a running back and special teams BYU Football player. He holds the record for the longest average punt return yardage. He was a tank whose tenacity and perseverance allowed him to carry the ball an average of 40.1 yards each punt return.

When asked about his success, he said it mainly came because he ran fast-and because he was really scared. Well, we say tongue-in-cheek that it takes a lot more than fear to hold a record like that. He still holds the record, and it has stood for over 50 years. For more information about what the Legacy reward is, click here:http://thejetaward.com/the-jet-award-story/ You can see Paul’s stats at http://byucougars.com/athlete/m-football/paul-allen

 

Paul has brought that same record making tenacity and perseverance that brought him success on the field into his work. He loves helping and developing traders. His patience in seeing the lay of the land both on and off the field has been a great asset to Apiary. Paul has been instrumental in counseling traders, helping them get into funded accounts, and becoming successful in the stock market.

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