Discover what covered in the course Impulse Trading System of Base Camp Trading
When a large price gain occurs in the context of a particular asset’s primary trend, this is referred to as an impulse wave pattern in technical trading terms, a phrase that is frequently heard when discussing Elliott Wave theory. Impulse waves are responsible for the formation of uptrends and downtrends. It is required to place an impulsive order in order to gain from a directional trending move in an underlying stock that lasts between 20 and 40 minutes.
Using short time frame charts, the Impulse Trading Method is an efficient intraday trading system that allows us to capture intraday trending swings that last 20 to 40 minutes. This provides us the opportunity to see 2 – 4 directional trades every day, depending on the market. Delta 50 at-the-money options are used to provide leverage and liquidity to the system. Both bullish and bearish swings use the same strategy for impulse trading, which is the same in both cases. The following are the topics covered in the Base Camp Trading course Impulse Trading System:
- Introduction to Impulse Trading
- The Impulse Charts
- The Impulse Trade
- The Impulse Trade : Entry
- The Impulse Trade : Management
- The Impulse Trade : Exit
- The Intraday Impulse Plan
- The Impulse Trade – Bearish Example
The author of Impulse Trading System: Dave Aquino
With more than two decades of real-world trading and portfolio management experience, Dave Aquino is a talented trader with a diverse range of skills. He began his career at Merrill Lynch and then went on to manage over $650 million in assets for Vanguard Asset Management, where he specialized in option income strategies. He currently serves on the board of directors for Vanguard Asset Management. Moreover, Dave Aquino earned a bachelor’s degree from Vanderbilt University. In addition to being a partner at Base Camp Trading, Dave Aquino is a specialist in training consumers on how to earn from option trading. David also has a strong interest in the world of private equity and venture capital.
What is Base Camp Trading?
Base Camp Trading was created to teach folks like you who are not professional Wall Street traders and do not have millions of dollars to risk how to trade properly and make consistent profits. As a Base Camp Trading member, you’ll understand why hitting singles and doubles is preferable to attempting home runs. You’ll meet other traders who joined our group after experiencing this lesson the hard way, individuals who have lost a significant amount of money trading but are now routinely profitable. Base Camp Trading develops incredible trading tools and instruction and will not accept anything less than the best. Each new tool/software/training is the direct consequence of listening to and caring about their customers’ challenges, wants, and desires. While everyone struggles and things do not always go as planned, Base Camp Trading approaches each difficulty with a can-do attitude in order to accomplish great things for our clients. Each daily, weekly, monthly, quarterly, and yearly aim is geared on assisting traders in their endeavors.