Remek! Premium user guide

Part One

DAILY VIDEO EXAMPLE - REMEK! PREMIUM 2020 04 07 - Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

first things first

  • Do not risk more than a pre-set portion, usually between 1-3 %, of your account at any one time. Streaks of losers are a statistical reality even when the best trading system (see this calculator) is executed with perfect discipline. On smaller accounts, it’s better to trade the micro contracts (or, for currencies, forex) and be successful, rather than risk blowing the account and create unnecessary psychological problems for ourselves. By doing so, you can stay on a timeframe that works while building confidence in your method, rather than get lost in the increased randomness (aka noise) of smaller charts.

  • Successful traders are often wrong and they’re okay with it, because they have verified their edge. They see losing trades as the cost of doing business. For that to be true for you, do not violate your risk management rules at any time. Learning to risk no more than the pre-defined percentage of your account size is the first step towards profitability. Success in trading is not a wild ride but a slow, steady (and somewhat boring) grind. The good news is: growth can be exponential. (These calculators will help.)

  • When trading currencies, setups on various major pairs are often driven by the USD. Consequently, trades on various currencies are often essentially the same trade. (Same goes for GC and SI, or ZB and ZN.) Do not pile up correlated risk. And needless to say, always be mindful of the fact that correlation does not mean causation.

Introduction

Remek! Premium is a forward-looking value-added service primarily for users of our Remek! Momentum Pro Standalones products, although the service can be used effectively by all technically motivated directional traders on any trading platform. As part of the service we make trade opportunities generated by our momentum-based methodology available to subscribers, as filtered by our analyses based on our decade-long daily experience on the markets. The service aims to help developing traders to grow into consistently profitable professionals by providing access to

Figure 1 Remek! Premium at work

Figure 1 Remek! Premium at work

  • our in-house trading methodology and analyses, honed over a decade of daily participation in the markets,

  • the trades generated by our methodology

  • and the robust intellectual and psychological framework required to operate on the markets profitably

  • our Premium workshops and trade room sessions

Remek! Premium is based on our momentum-based methodology (the backbone of both of our products, The Remek! System and Remek! Momentum). This technically motivated methodology is rooted in observed market behaviour, is based on decades of price data, and can be verified independently.

With regular, members-only access to our method, Remek! Premium helps you to

  • change your non-productive behaviours by making you deploy a method that actually works

  • build a positive mindset by making you trade with a positive edge (aka positive reinforcement)

  • think for yourself, do your own risk and money management calculations (something nobody can do for you since only you have the data),

  • take responsibility for your trading decisions, which ability is a crucial part of becoming a self-directed professional trader.