Why Don’t Floor Traders Use Stops? What Do They Know That “Off the Floor” Traders Might Not?
Floor Traders may be going the way of the dinosaurs, but they still have gained a store of knowledge from their years of floor experience about order flow and risk control that “off the floor” traders would do well to observe and emulate. Join John Bougearel for this live webinar event presenting the question – why don’t floor traders use stops?
View Presentation Full Screen
Among the topics attendees will learn:
- How to read the order flow like a floor trader using opening price direction, breaking news, key moving averages, pattern recognition and bar signals
- Anticipate where the buy and sell stops are to be found for each day
- Think ahead and anticipate key reversal signals forming around support and resistances or pivot points
- Play aggressive defense and control risk without stops, read the mkts for potential price misbehavior around your entries
- Develop an anticipatory and fluid trading style keeping you in sync with the market
John Bougearel began his career as a financial market consultant and Commodity Trading Advisor at the Chicago Mercantile Exchange in 1994. John’s company Financial Futures Analysis consults with professional traders, hedge funds, wealth management companies. In addition, John launched the financial newsletter Structural Logic in 2000 providing clients with research and insights they need to complement their own risk management strategies and investment goals. John is also a professional speaker educating financial professionals, investors and traders on the markets and his research has been published in Barron’s among other financial publications.
This website is for educational purposes only. Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.