Traders Helping Traders Big Weekend Edition
 

 E-zine for April 8th, 2007 - Part One


 Traders Helping Traders


If you're a short funded trader with an account of 2-3k, new to futures trading or just struggling with your trading, you should learn to trade using low-risk trading strategies.

Almost every Technical Analysis Pattern is Support and Resistance based...if you don't understand how to "see" a chart, you will continue to struggle!

Let Tom and Erich show you step by step how to dramatically improve your results with highly detailed Daily Trade Alerts and Weekly Live Classes illustrating entries, exits and intensive trade management.

Traders Helping Traders trade the commodities futures marketsYou'll receive Erich's highly regarded eBook on Support and Resistance Trading and you'll also have access to a wealth of helpful information and charts in the Members Area.

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This is only the TEST DRIVE Edition.

Our Subscribers get the whole thing, the evening BEFORE the markets open.
 

Shooting the Breeze!


I hope you had a wonderful Easter Holiday break. Aren't long weekends great? I love them! It seems like there's so much time to goof off when you have an extra day off and I took full advantage of mine.

I managed to go golfing the other day, which was the first time this season if you can believe it. The weather's been pretty crappy this spring so I didn't have a chance to get out earlier. I did play a couple of rounds in Mexico, but vacation golf doesn't count. I spent the rest of the weekend lounging around the new place watching movies and the Master's Tournament on TV. I should have been hanging the remaining pictures and an assortment of other chores, but the pictures seem have made a home for themselves leaning against the wall and I didn't want to disturb them.

I'm anxious to get back at it this week though as we've got a great opportunity for you! If you haven't been to the forum lately then you might not have heard that we're going to launch a live trading room. This one's been on the back burner for a while but Rob has been generous enough to help us staff the room, so we're going for it! Rob and I will start out handling the hosting duties until Tom is well enough to join us, which will hopefully be sooner rather than later.

If you don't already know about him, Rob is a successful, full time trader who has long been a friend and frequent poster at the forum. Rob trades everyday and trades using support and resistance! Having him come on board with this project is an incredible advantage that you should not miss out on!

We've been advertising for Guinea Pigs at the forum (http://www.supportandresistance.com/cgi-bin/webbbs/webbbs_config.pl) to help us work out some of the kinks and tailor the room to your needs, but your should know that this will be a pay service when it gets up and running. Your opinion counts so if you'd like to share yours then file a post at the forum or drop me an email and we'll tell you how to get involved.

As usual we try to keep things as affordable as possible so the room will start out at only $199/month as an introductory offer. Remember these are LIVE real money trades we're doing so don't let the cheap price fool you. I'm not trying to hype you, but I am dead serious when I say: if you're serious about learning how to trade then this is an opportunity you can't afford to miss out on!

I really hope you'll take advantage of it. I wish there was something like this available to me when I started to trade, but I had to learn things the hard (aka "expensive") way! Contact me at erich@tradershelpingtraders.net if you'd like to learn more.

Enjoy this week's issue,

Erich
erich@tradershelpingtraders.net
 

Softs


Softs Overview

To see the video clip covering this week's Softs trades, click the link below:
http://www.youtube.com/watch?v=uIzneoxuZD4

Coffee

SELL May Coffee at 107.70
Exit Order: 110.05
Approximate Risk Exposure: $881 per contract
Profit Target: 100.05
Approximate Potential Profit: $2868 per contract
RRR: 3:1
Degree of Risk: Moderate

Coffee chart

Cotton

SELL May Cotton at 5255
Exit Order: 5330
Approximate Risk Exposure: $375 per contract
Profit Target: 5005
Approximate Potential Profit: $1250 per contract
RRR: 3:1
Degree of Risk: Low to Moderate

cotton chart

Sugar

CONTINUATION of Short May Sugar from 989
Exit Order: 989
Approximate Risk Exposure: $0 per contract
Profit Target: 817
Approximate Potential Profit: $1926 per contract
RRR: n/a
Degree of Risk: Moderate to HIGH

sugar chart

The charts in this publication are all made using Gecko's Track 'n Trade charting software. You can get a demo for free here.

Pick of the Letter


For the Pick of the Letter hot and fresh off the presses, please join us at http://www.supportandresistance.com/subscribe.html
 

Lesson du Jour


To see this week's Lesson du Jour on video, click the link below:

For the archive of hundreds of priceless homework articles and Lessons du Jour, please join us at http://www.supportandresistance.com/subscribe.html

Got a question that needs answering like an itch you can't scratch? Send it along to Erich@supportandresistance.com and I'll be happy to try and clear things up for you.
 

Futures Trading is Risky! Never trade with money you cannot afford to lose!

Nothing in this publication is either a solicitation to trade or a recommendation of any strategy. Always consult your broker or advisor before attempting any trade. Commodity trading involves substantial risk of loss.

THE DATA CONTAINED HERE IN ARE BELIEVED TO BE RELIABLE BUT CANNOT BE GUARANTEED AS TO RELIABILITY, ACCURACY OR COMPLETENESS; AND AS SUCH ARE SUBJECT TO CHANGE WITHOUT NOTICE. TRADERS HELPING TRADERS AND IT'S ASSOCIATES WILL NOT BE RESPONSIBLE FOR ANYTHING WHICH MAY RESULT FROM RELIANCE ON THIS DATA OR THE OPINIONS EXPRESSED HEREIN.

DISCLOSURE OF RISK: THE RISK OF LOSS IN TRADING FUTURES AND OPTIONS CAN BE SUBSTANTIAL; THEREFORE, ONLY GENUINE RISK FUNDS SHOULD BE USED. FUTURES AND OPTIONS MAY NOT BE SUITABLE INVESTMENTS FOR ALL INDIVIDUALS, AND INDIVIDUALS SHOULD CAREFULLY CONSIDER THEIR FINANCIAL CONDITION IN DECIDING WHETHER TO TRADE. OPTION TRADERS SHOULD BE AWARE THAT THE EXERCISE OF A LONG OPTION WOULD RESULT IN A FUTURES POSITION.

NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL, OR IS LIKELY TO, ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW.

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM, IN SPITE OF TRADING LOSSES, ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS, IN GENERAL, OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
 

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