The 2023 Year in Review Event was the best we've ever done.  The engagement was fantastic with such great questions and comments, and we really hit the mark with what we shared on how to win and make money in 2024.  Doc's strategy overview and breakdown was awesome!

We also announced multiple new Masterclasses, new strategies, and some very special offers including a Masterclass for FREE - but you will need to act quickly because it all goes away on Sunday, January 28th at Midnight!  Here are answers the questions we received about the specials and offers at the event.  

• First, the FREE $100 a Day Masterclass is only available through Sunday at Midnight using the coupon code provided on the event page at www.12MinuteTrading.com/2024.  So take advantage!
• Second, the special one-time $59 offer for the Campaign Cashflow Masterclass ends on Sunday at Midnight as well.  But, if you sign up for the 12 Minute Trading Live Daily Trading Room service with Doc, you get the Masterclass for free.  All you have to do is sign up by Sunday, or as a current student, upgrade to the annual plan, and our team will add the Masterclass to your portal.  As a reminder, the price of the service is going up on February 1st, so this is your last chance to lock in the lowest price possible for life.  Details on are on the event page for this as well.
• Third, my new 50/50 Strategy is part of my 12 Minute Advisory service.  If you are a student, you will start to get the new trades next week.  If you are not a current student, I am offering 50% your first month giving you the service for under $50 to check it out and try the strategies.  You can find the sign up and coupon code for the offer at the event page.  
• We did have a few people inquiry about the 12 Minute Trading Bundle where you get both Doc and my services at deep discounts.  It is an even better deal right now if you purchase before Doc's service goes up in price next week.  The monthly price is $197/mo and the annual is $1997 which is a 30% savings.  Click on the option the option you prefer below to sign up and take advantage:
  • 12 Minute Trading Bundle Monthly ($197)
  • 12 Minute Trading Bundle Annual ($1997)

Have you heard of the term “Random Walk” as it relates to trading strategies?
 
The author Burton Malkiel wrote the book “A Random Walk Down Wall Street” in 1973, and has served to be kind of a bible to those in the investment community that believe that predicting forward price movement is impossible. 
 
This, of course, flies directly in the face of those that use technical charting studies to analyze price behavior and predict future movement. 
 
So you have two religious “camps” in the investing community:

• The “Random Walkers” who believe that forecasting forward price movement is lunacy, and instead rely on statistical or probabilistic approaches. 
• The “Chartists” who believe that patterns can be discerned in stock charts, which forecast predictable forward behavior. 

 
Which camp do I ascribe to? Actually, both. 
 
I DO believe that price can do whatever it wants, WHENEVER it wants to. Actually predicting the forward movement of price action is a fool’s errand. 
 
But I also believe in the power of analyzing price movement and patterns, and some things repeat over and over again. Range Expansion leads to Range Contraction. Exhaustion leads to Consolidation. Those don’t change. Instead of forecasting future price movement, I will go so far as to give the benefit of the doubt to one direction or another. Strong convictions, loosely held. 
 
I use a somewhat hybrid approach that allows me to see and react to what’s actually happening, instead of forming a bias based on what I think SHOULD happen. 
 
The longer that I have been trading, the more that I admit to myself that I don’t know what’s going to happen in the next five minutes, let alone in the next month. That affords me a sort of freedom in a way, but only if I’m using a strategy designed to work with this “Random Walk” approach. 
 
In general, strategies designed to work with a Random Walk approach are generally better reward-to-risk, and exchange a decreased probability of success for better reward-to-risk. They also have more mechanical entry conditions, instead of waiting for a specific technical signal. 
 
Learning about and using them might make a difference in your trading. Ask us how you can get started. 
 
In your corner……..Doc Severson

There’s a perception that a professional trader is someone who is constantly tossing contracts into the market, going long and short on the tip of a hat, trying to catch a move. 
 
While some could be like that, I like the idea of trading like a sniper, waiting for the right moment to pull the trigger. In some ways, effective trading could be like musical composition. I believe that it was Mozart who said something to the effect of: “The music is not in the notes, but in the silence between.” 
 
So then “trading” could be defined as: “Profitability is not in the trades, but in the pause between.” 
 
Let’s show an example; in August and into Mid-September, we were quite busy with our non-directional trades since the market was in a low-volatility condition and nicely range-bound. But two problems started to emerge: 

• The price was starting to converge into the apex of a triangle
• The daily chart “energy” was spiking, showing the potential for a big move. 

 
We closed down all of our trades and waited for the Market to make the next move, and “move” it did! Over two hundred S&P points to the downside, and counting in just a few days. 

​In this chart, the red circle shows the energy peak, and the yellow arrow shows the triangle apex; while we’re not in the business of predicting the future, we know from experience that this is a condition that likely brings about big moves that we’d prefer to avoid if we’re trading non-directional strategies. 
 
Had we just kept trading those strategies, undoubtedly a number of them would have been closed for a full loss. 
 
While you’ll miss 100% of the shots that you don’t take (Wayne Gretzky) sometimes it’s better to let the silence between the notes (or your trades) play out. Know when to wait vs. when to act. 
 
In your corner……..Doc Severson