#857 September 27, 2017
  • Feature: What Learning Type Are You? by Gabriel Grammatidis
  • Workshops: Early Enrollment Discount Ends Next Week for October Workshops!
  • Tips: September Sector Reversals — Bearish or Bullish? by D. R. Barton, Jr.
  • FREE BOOK!: Trading Beyond the Matrix
$700 Early Bird Discounts Expire Next Week on
London, England Workshops
October Workshops
Attend all three London workshops to qualify for a $900 discount
in addition to the Early Enrollment discount!

$700 Early Enrollment Discount ends next week!

In just a few weeks, we'll be gathering at the Radisson Blu Edwardian Bloomsbury Street Hotel in London! Traders from across globe will come together and be immersed in workshops that will change their lives. This may seem dramatic, but we just finished a round of workshops here in the US, and have heard from many of the students already. We know our students come in with high expectations, and it's so exciting to get feedback such as "Wow, this is life changing!" and, "I thought it would be good,but I never expected it to be this good." We want each of you to have this experience, too!

If traveling to Europe is closer to you than traveling to the US, we urge you to take action now and register.

Register before next Wednesday (October 4) and you'll get $700 off each workshop. Plus, if you attend two workshops take another $500 off, or attend all three and take another $900 off (in addition to the early bird discounts).

Feature Article

What Learning Type Are You?
by Gabriel Grammatidis
One thing I have learned from teaching Forex workshops over the last six years is that attendees seek out training for different reasons. And, after the workshop they trade with different results — depending on what they do when they get home. Having observed many cases, I can categorize people at my workshops into several groups. These categories probably apply to any person who is trying to learn from any format — workshops, reading books, going through online courses, etc. I have written this article with workshop attendees in mind, but these ideas probably apply to anyone trying to learn anything. Depending on the category you fall in, your personal benefits might vary a lot from someone else who is learning the same topic.

Workshop Participant Categories

Some traders attend workshops but they never even try to trade the systems once they get back home. Others try trading them at home, but don’t really follow the rules. Some follow the rules, but get easily frustrated by hurdles whether those are mental or physical. Some will follow the rules almost exactly — until they develop enough experience as a trader to adjust the rules to custom-fit the system to themselves. As you might guess, the trading results among these groups are very different.

I think I can differentiate 8 categories of people who attend workshops. The further down on the list you find yourself, the higher the probability that you will be able to trade the systems profitably after your attendance. Here are my eight types —

  1. The Window Shopper
  2. The Fine Tuner
  3. The Rule Tweaker
  4. Lost In Space
  5. Stuck in Frustration
  6. The U Turner
  7. The Clinger
  8. The Novice

The first 3 categories account for probably about 20% of attendees while the last one, the Novice, makes up around 15% alone. Most of the people though — maybe 65% — fall into categories 4, 5, 6 and 7. My experience has shown that categories 4-8 benefit most from additional support after the workshop (so I offer it). Usually I do not hear much from attendees in the first three categories after the workshop has ended.

Let’s have a look at each of those categories.

Category 1: The Window Shopper

This person likes attending different workshops a lot in order to learn various systems. Often this is a Novice trader who is searching for a system that fits him. This is generally a good idea, except when it turns into a years-long exhaustive search that costs a considerate amount of funds. This person risks becoming identified with his search and remaining in a state of confusion and frustration. “Nothing really seems to fit” — so the search continues and maybe the Holy Grail system will be found just around the corner at the next workshop.

Recommendation: Be aware of the drawbacks involved and prepare mentally to choose a system that resonates with you, sooner better than later. Once the decision is made, you should focus your attention fully on becoming an expert in that system.

Category 2: The Fine Tuner

I always have at least one person of this type in my workshop. Usually this is trader who is already profitable or someone who has a nearly complete trading system designed. I was this type of trader myself for some time and like the last category, there is nothing bad about this state (that is true with every category). Once I was in the later stages of my system design and business development, I still attended trading workshops. I benefited a lot meeting other traders who taught their systems and against whom I could compare myself, my systems and my thoughts. All of these observations and evaluations gave me confidence in my own capabilities as I began to know that “I was on the right track.” Most of all, I learned something of tangible value from every workshop I attended (including various technical workshops at the Van Tharp Institute). Regularly, I was able to incorporate improvements in my systems’ rule-sets. For example, I remember one workshop where I was able to optimize and fine-tune my exit algorithm after hearing about exit rules that worked well with a similar trading strategy.

Recommendation: Once you trade a system with an edge, then you can focus your search on certain areas of value at a workshop — be it the trading process, the pre-trade preparation, the setup rules and indicators used or the exit algorithm. Be clear about what you want to learn and be open to lessons you might not have considered.

Category 3: The Rule Tweaker

The Rule Tweaker comes to a workshop having either attended many other workshops or having done extensive prior research. This person comes with an already firm set of beliefs of what works and what does not. Obviously the rules I teach (or any other trading instructor teaches) can never fully match the belief set of the Rule Tweaker. Although he might be fully convinced of the edges of the systems taught, his own set of beliefs will overwrite some beliefs. This results in the person changing the rule-set in many possible forms - replacing indicators, changing the parameter set, altering entries or exits, etc. Changes will affect the systems’ performance but this kind of trader always reminds me of Van’s saying — “You can only trade your beliefs!”

Recommendation: The Rule Tweaker benefits most if he comes with an open mind. The systems only work profitably if the underlying belief-set is accepted. There is nothing wrong in trading several systems with different belief-sets so keep that in mind as you learn. The Rule Tweaker might want to enjoy the journey of developing his own system.

Category 4: Lost In Space

This is a typical phase in the early stages of a trader’s development. There is so much trading information available on the internet that it is very easy to get confused and over-loaded. In addition, you do not know who just wants your money and who is a marketing genius instead of a great trader. Often people in this category become Window Shoppers. I know this feeling of “being lost” myself and I thoroughly enjoy helping traders get out of this state. Trading does not have to be very difficult — what can be difficult is finding the right path early on and properly understanding the major impact of your mental state on your trading results.

Recommendation: If you find yourself in this unpleasant state, do yourself a favor and move out of it quickly. To trade well, you need to be confident in the system you trade. Even more, you will need to develop confidence in yourself that you can trade a system profitably.

Category 5: Stuck in Frustration

This can be a typical “intermediate stage” of trader development. You might believe that you have found a system with inherent edges but you are not yet in the position to reap its benefits. You might understand that you need to work on yourself, your psychology, the trading process or just custom-fit the system more to your needs and abilities. Frustration with a system has led some to drop a system prematurely — a system that they have been trading for as long as 6 months. Traders in this category risk becoming a Window Shopper — looking out for a Holy Grail system. Finding a group of like-minded and competent traders that are, or have gone through, the same phase can be very helpful at this point.

Recommendation: Be aware that once you commit yourself to master a certain system, you will probably still need to endure some frustration at times. That’s naturally part of how a human brain learns and grows. You are going through a phase where the ego has to let go so you can move towards more useful states of Self-reliance and Satisfaction. Be aware that the Holy Grail is not “out there”. Instead, it is inside — right between your ears.

Category 6: The U Turner

This kind of workshop attendee is rather rare. Often, he is very motivated and puts a lot of effort in developing himself into an excellent trader. Some Clingers (below) can develop into U Turners if they are not careful. Finding a U Turner for the very first time was a stunning experience for me. For a year after the workshop, he was working very hard on studying the Forex market, following the systems’ rules and developing beautifully as a trader. Maybe 3 more months and he would have become a consistently profitable trader. With the finish line in sight, however, he decided to drop the systems and try out something else.

Some sports coaches have seen something similar — competitors can develop an unconscious fear of actually winning an event at the finish line. Allowing yourself to win might be a condition that’s hard to overcome. Surely, winning will change things. While I can understand this happening, it leaves me with some regret.

Recommendation: Look at other experiences in your life to become aware if you tend to be a U Turner. Have a clear set of goals — including what you will do if you start wanting to deviate from your plan. Have a set of rules beforehand specifically for conditions in which you might want to make a “U Turn”. What will allow you to actually make a U Turn and what conditions will prevent that? Making a U Turn is not bad and needs to be done at times, however, if it becomes a habit and hinders your success, then it limits your potential.

Category 7: The Clinger

People who are very goal oriented and efficient in their approach fit in this category. Without any resistance, this kind of person readily accepts system beliefs, system rules, as well the trading process suggested by the instructor. Without struggle he can move forward quickly. One can say that he is driving on the left lane of the Autobahn — the fast lane. Often, this is someone relatively new in trading who shows a lot of trust. He unconsciously understands that searching for the Holy Grail is a search in vain. He is open to suggestions and learns & grows quickly by receiving outside guidance.

Recommendation: This person will benefit most from guided education. You are very good in accepting and implementing good advice. Play to your strengths. You might move faster than any person in the other categories.

Category 8: The Novice

I like having Novice traders in my workshop. They are very special to me because they have the biggest potential of learning & growth. They do not need to go through some of the traps laid out for them by the trading education industry. Even still, in full learning mode, the Novice may tend to struggle during the first day or so of a workshop.
Recommendation: Communicate that you are a novice to your instructor well in advance. There are always additional preparations you can make prior to a course that will bring you up to speed. Enjoy the learning and growth. If there is any live trading event related to a trading workshop, try to attend so you can learn how to put your learnings into practice in the live markets. Usually a Novice will feel that he is not yet ready for a live event but go for it as otherwise you might risk getting stuck at home.

If you have attended a workshop or are considering it, in which category do you think you fit? If you want to be in another category, where do you want to be? How can you achieve this? Come mentally prepared to any workshop and plan accordingly! Knowing about yourself and coming with the right mindset can lead you to great success.

Looking forward meeting you soon in person,
Gabriel Grammatidis

PS — I teach the next Forex Trading Systems Workshop in November. Part of my personal mission is to help others, provide information, and transfer knowledge so that your path of trader development becomes as smooth as possible. As more experienced traders will tell you, everybody needs to transition through certain learning stages and I enjoy helping new and experienced traders make those transitions. With every workshop, I too am learning from you. I like to stay in touch with attendees once the workshop has ended and I offer various degrees of support after each event.
In the first 7 minute video, Gabriel updates us on the multi-year downtrend in the EURUSD pair. The Euro has been strong against the USD in 2017 but it is about to run into a channel trendline, a big number, and a 200 period moving average. Gabriel identifies likely scenarios for the coming year.
In the second video (5 minutes long), Gabriel highlights the recent favorable Forex environment for his S3 system. Gabriel uses the S3 system in an overall strong and smooth trend to build a position over several successive entries. Here, he provides an in-depth analysis of recent S3 signals in the EURAUD pair using charts with multiple timeframes.

Workshop Schedule

October 2017 LONDON, ENGLAND
Early enrollment discount ends next week, October 4th.
Peak Performance 101 is Dr. Tharp's core psychological workshop, and his most transformative course for over 25 years. If you want to know how great traders think, behave and act so you can achieve consistent and profitable results, without stress, then this workshop is for you.
Workshop Objectives
Check out this brief overview video about our Peak Performance 101 Workshop from Van.
We'll teach you one of the real secrets of success — how to use all the system building blocks to design a trading system in such a way that it fits your personality and style of trading. In the process of learning how to do this, you'll probably come up with dozens of winning systems that will work because they'll be based on criteria that fit your situation.
Workshop Objectives
Instructor RJ Hixson expains what this course will cover in this five minute video.
Van shares years of knowledge about wealth concepts, wealth creation modeling, being wealthy inside, and the infinite wealth processes. Attend this workshop and completely reshape your attitudes toward money, work, paychecks, income, wealth, scarcity, and abundance. Your paradigm shifts in just three days will amaze you and release you from your current beliefs about wealth that have been running in your unconscious and holding you back.
Infinite Wealth
Watch this brief 2 minute video to get an insider's look on attending this workshop.
November 2017
Learn to Trade Three Forex Trading Systems with an Edge

Gabriel will be teaching three robust Forex systems based on trend-following. Each system is based on similar “ingredients,” but each has a different recipe to capture a different part of the trend. Consequently, the systems are complementary to each other and together offer several trading setups nearly every day of the year.

Join us for this three-day workshop and leave prepared to trade the systems right away. Plus, join us for 2 days of live Forex trading so you can trade the systems live for even more hands on experience!

Special price offers:

  • Start your study early. Order the Forex Home Study Course now and walk through the door with a thorough understanding of the Busted Breakout (System 1). Home study buyers get $600 off the price of the live workshop!
  • Combo discount: We have never before offered a combo discount on the live portion of the Forex training. But now, for a limited time, when you register for both November events you'll get an extra $500 off on live trading. Learn More...

More about Forex
Learn more about what it's like to attend Gabriel's Forex workshop by watching this brief video featuring some of our past students.

The Super Trader Summit is in December.

Trading Tip

September Sector Reversals — Bearish or Bullish?
by D. R. Barton, Jr.
A short and sweet tip today with an interesting chart about an important sector rotation.

Most of you who follow U.S. markets know that tech has dominated the market in 2017. There’s also been a resurgence in health care with utilities and materials also showing strong. In September, however, tech in general and the FANGMA stocks in particular have been underwater. FANGMA are those monster tech stocks that have dominated the stock market and dominated their respective marketplaces: Facebook, Amazon, Netflix, Google (Alphabet), Microsoft and Apple. Of those six, only Netflix is in the green for the month of September (as of the 26th).

In September, something interesting developed among the market sectors. The four worst performing sectors for the year out of the eleven in Bloomberg’s list have been energy, telecom, consumer staples, and financials. In September, three of those four sectors had a turnaround. Let’s look at this interesting if somewhat busy chart:
DR Chart 1
There’s a lot of information here. The blue bars are 2017 sector returns through the end of August. The red bars are September returns through 9/26. You can see that the previously struggling energy and telecom sectors had a strong September along with financials, materials, and industrials. The former top performers — tech, health care, and utilities - have been struggling this month.

So What?

When the market leaders wane, that could be a “look out below” moment — but instead, the S&P 500 posted seven new all-time highs this month.

Despite what my bearish friends would try to have us all believe, this is nothing but a bullish sign. When market leaders falter and other sectors strongly advance to take their place, it means that investors aren’t jumping out of the market, they’re just moving their money to sectors that have been underperforming. Of course, continued weakness in tech, healthcare, and utilities could eventually pull the market down. The fact is, however, the first chink in the “strong sector armor” has been more than capably filled by other sectors. This grinding bull remains alive and well.

While lots of analysts would like to “call the top” of the market, I vote for letting the market tell us when it’s ready for a pullback. As long as we can’t break below even the closest and weakest support levels, why talk about anything else?

Your thoughts and comments are always welcome — please send them to drbarton “at” vantharp.com

Great Trading,
D. R.
NEW E-learning Course!
Forex Trading Systems: The Busted Breakout System
Click on the image below to watch a brief 1 minute video that hightlights this new course.
Gabriel developed and refined his Busted Breakout system on the concept of trend-following while he was still enrolled in the Super Trader program.

The system has a high win rate (about 65%) and it takes advantage of a price pattern that happens again and again in the charts — breakout failures. The main advantage of this is that it benefits from running for other peoples’ stops. This is a unique edge of the system making the trade break-even early on. Watching 15-minute charts for 4-6 hours a day and trading only the biggest, most liquid currency pairs, the system finds easily more than 150 trades per year. The pattern works equally well on 5min, 60min and 240min charts so the trade opportunity per year can be much higher depending how you trade. Gabriel is confident that someone with the programming skills could turn the system into a well-performing automated trading system.

The three-day workshop cost is $3,995 but the cost of the home study program is $1,295. As a special introduction price for early responders you can get this new home study for just $995.
Plus, buy the home study now and if you decide to join us at the 3-day Forex Trading workshop in November (or for any Forex workshop in the future), you can deduct $600 off of your course payment for the workshop.
This is win-win for all! If you are among the group of clients who simply cannot come to one of our workshops this home study offers you the benefit of still gaining access to a robust and premium forex trading system. Gabriel has traded it himself in several timeframes for many years now offering a persistent edge in the market.
But, if you have already been considering attending the workshop this is a great way for you to get a full-steam head-start and walk through the workshop door already understanding the system well. You will then have the opportunity to ask Gabriel anything you need. And in addition, learn two new Forex trading systems. The three systems taught in the workshop all offer unique advantages. They complement each other giving you the opportunity to reap various stages in a trend.

Learn More About This Course...or Buy Now!

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The Red Pill for Traders and Investors

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Cary, NC Workshop Information
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