Timon Weller – The Zone Trader Training Series
The Zone Trader Training Series is a training series, which conveys step by step in a multi part video series how to identify what I refer to as important daily zones on the daily chart and how to trade these areas profitably on the 1 hour chart.
In this training I lead the viewer through a series of important trading processes; filtering and identifying important daily zones, dropping down to the 1 hour chart and evaluating price action candlesticks in these areas looking for a particular type of price action retest pattern, evaluating risk to reward to ensure reward potential is much more than the risk before considering a trade and how to manage a trade after entry.
Overall, by the end of the training, a trader will be much more confident with how to identify important trading zones on the daily chart, know how to evaluate a potential entry within this area on the 1 hour chart, know where to place a stop loss, know when to lock in a trade, know where to set a target and know how to make sure reward potential is much more than the risk, what I refer to as evaluating risk to reward before considering a trade.
What You’ll Learn In The Zone Trader Training Series?
Training Itinerary:
How to Identify a Trading Zone – In video Part One of the training I cover how to identify trading zones on the daily chart.
Duration – 27 Minutes
The Zone Trader Trading Method – In video Part Two of the training I cover what is the Zone Trader Method and what constitutes a valid support zone setup and what constitutes a valid resistance zone setup.
Duration – 9 Minutes
Trading the Zone Trader Method – In video Part Three of the training I take multiple trades with the method, 30 trades in total in order to convey how to trade the method long term. Aspects shown include evaluating trade entry, management and long term target with each of the trades taken. In this part I show step by step the complete process with each trade, from identifying a daily trading zone to the 1 hour chart to look for a potential entry. By the end of this part of the training series I take a trading account with a starting balance of $10,000 dollars and grow the account to $26825 dollars, a 168 percent gain.
Also, at the end of this part of the training I evaluate the statistics of the method with the 30 trades taken in this part as well as show the long term statistics of this method.
Duration – 75 Minutes
Evaluating Risk to Reward – In this video part I discuss why evaluating risk to reward before considering a trade is important. This is an important part of the trading method and process I am conveying in this training and an essential part of all forms of profitable price action trading.
Duration – 10 Minutes
Adjusting Position Sizing – In this video part I compare adjusting position sizing with the method conveyed in this training to not adjusting position sizing and reveal why adjusting position sizing before considering a trade is more profitable than using a set risk amount.
Duration – 4 Minutes
Money Management – In this video part I discuss the money management process used with the trading method conveyed in this training series.
Duration – 3 Minutes
The If Then Process – In this video part I discuss the concept of the if then process, the if then sequence leading up to taking a trade in the market.
Duration – 2 Minutes
Book Guide: The Zone Trader Handbook
21 page guide included in the training to assist with learning what is conveyed in training, such as a breakdown of the trading method, management aspects, risk to reward and more.
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