Dr. Charles B. Schaap is the author of ADXcellence—Power Trend Strategies,a book which presents a newsystem of trend trading based on the ADX indicator, ground breaking work with ADX/ DMI and the strategies and rules for profit. Now you can introduce yourself to the concepts of the ADXcellence system with this "Intro to ADX DVD".
You have to learn to trade then profit can happen! I get far more requests 'How do I pick' than 'How do I learn to trade.' You will not become skilled at choosing profit opportunities until you are skilled at the ability to trade. And I mean skilled at applying a strategy consistently, not just 'luck'. People must accept that, to do well, they must learn. Why not apply the same concept to using the power of the stock market? Learn how money works for you, learn the tools that will protect and preserve your capital ,and then learn how to grow great wealth!
Acme Packing Inc. (APKT) was a stock selection from the Great Xpecations list published in February of 2010. The list is published monthly in the free Journal for Excellence in Trading newsletter, and it features stocks screened for potential wealth-building opportunities (using Dr. Schaap's power trend model). APKT is an excellent example of Dr. Schaap's 50-50 Strategy featured in his book, Invest with Success--Big Profits for Small Investors. When listed, it was trading for about $13.00 per share, and the price has since risen to over $35.00 per share.
Let’s walk through this trade. In 2008, APKT was declining; you can see the falling 50 EMA, indicative of a downtrend. The RSI (20) was below 50 and this represents price weakness. In early 2009, the stock signaled a 50-50 Strategy BUY ALERT as price crossed above the 50 EMA and RSI (20) crossed above the 50 level. But why buy this stock in a downtrend? Well, you don’t!
Use the 12-bar rule to let the 50 EMA turn up and show that price is moving upward with strength (RSI above 50). Notice how the trend got stronger as the 50 EMA continued to rise, and notice how RSI (20) remained above 50, indicating continued strength in price. This is a great example of a 50-50 Strategy Trade, and granted, they don’t all work out this well; but when they do, let your profits run!
New Rules for Trading created by Dr. Schaap. Anyone who tells you that you can't time your trade, doesn't know how to trade. Dr. Schaap's most recent book," Invest with Success: Big Profits for Small Investors" will take you on a new road to great opportunity.
Opportunity begins with understanding, This book is clearly laid out so that you can use the awesome power of the stock market to grow wealth in your portfolio.
Learn trend hierarchy and be a Trend Master. Pivots - the point of more return$.Read 'Em 'n Reap! Use pivots and trendlines to frame out the areas of profit, get the Trend Master Series Price pivots form on all time frames, are building blocks of trend and provide objective entry and exit points.
Any time frame and any asset class, ADX/ DMI Rules from Dr. Schaap take you to profits. Everything we teach is a trading principle. Don't just trade, profit! learn with Dr. Schaap and Candy - the most famous trading couple in the world.