CLASS IS IN SESSION
5 STEPS
FOR A
SEAMLESS TRANSITION TO EDGE
STEP 1
HAVE A
Farewell CeremonyFOR TRADING METHODOLOGIES THAT AREN’T SERVING YOU WELL
FOR TRADING METHODOLOGIES THAT AREN’T SERVING YOU WELL
Say farewell to the psychological stress of trying to pinpoint perfect entries and exits—say goodbye to unplanned trades, missed opportunities & strategies that are incongruent with who you are and the beautiful life you were created to enjoy.
Celebrate your upgrade to Edge.
Fall in love with trading.
Trade for purpose.
STEP 2
GET TO KNOW YOUR
COMMAND CENTER
One independent window with six distinct, synergistic managers.
The Performance Manager Manage your account’s performance with great care and strategy.
The Risk Manager Manage your risk, control losses, and protect capital.
The Trade Manager Manage multiple strategically planned trades concurrently.
The Broadcast Manager Manage various platforms and multiple accounts with a single command—and amplify your results.
The Connection Manager Manage connections for all your accounts.
The Instrument Data Manager Manage your instrument data.
STEP 3
CREATE YOUR
EDGE PLAN
A plan that’s uniquely yours. That’s just right for your goals, your lifestyle, your level of expertise… for your peace of mind. One that you honor.
While Edge enables you to benefit from the general volatility of the markets, without the need to be perfectly targeted with your entries and exits, refined configuration parameters and calculated rules of engagement must be defined, as you learn to engage with Edge for real—consistent—week-in, week-out results.
Edge enables you to plan the trade, and trade the plan;
while The Command Center executes, flawlessly—without emotion an utterly disciplined.
There’s real strategy to Edge.
So to help you create your Edge plan and get you thinking, follow our three steps, and answer our thought provoking questions.
1Define, test, and refine your configuration parameters for each instrument and time of day your trade.
How many orders will I configure above and below my initial entry?
How many ticks will I configure between my orders?
How many ticks will I configure before the first upper and lower orders are activated?
What baskets will I configure—and what instruments will I put into these baskets?
2Solidify your trade management strategy.
When will I take an Edge, basket, or just a single?
When will I take a straddle—and when will I take a straddle basket?
When will I add a trade to my Edge? Will I add a trade to an Edge in drawdown or only an Edge in profit?
When will I take profits within my Edge?
When will I close individual trades within my Edge? Will I close individual trades in drawdown within my Edge?
When will I close an Edge?
When will I scale out of profitable trades within my Edge to protect capital?
When will I exit my trades at break even?
3Determine your risk management rules.
Will I choose my position lot size or let the Command Center calculate as a percentage of my balance?
How much will I risk per trade?
How many ticks will I configure for my stop loss?
How many ticks will I configure for my target profit?
What is my target risk reward ratio?
What is my daily loss limit?
What is my daily profit goal?
What is my maximum daily drawdown?
Do I want to use trade deviation (protects against slippage)? If so, what are my parameters?
TIPS:
Use the Preview feature to help you define and refine configuration parameters.
Set your parameters to keep closed Edge on your chart long enough to help you refine.
As you engage with the system, your Edge plan will undoubtedly evolve as you do. With increased experience and insight, you’ll perfect your configuration parameters—and acquire your own unique strategy for riding your Edge.
STEP 4
ENGAGE LIKE A PRO
Rules of Engagement
CHECKLIST
Review economic calendar for news events… check.
Analyze your charts… check.
Select instrument and timeframe… check.
Define your Edge zone… check.
Select trade style: single | Edge | basket… check.
Select trade type: buy | sell | straddle… check.
Set risk parameters… check.
Configure Edge parameters… check.
Place order… check.
Now, sit back and manage your Edge—according to your trading plan, of course.
STEP 5