Hi everyone,
Over the past few months I’ve gotten the unique opportunity to interview Stan Weinstein for his upcoming Masterclass with TraderLion.
Stan is the author of Secrets for Profiting in Bull and Bear Markets and advises institutions, hedge funds, and high net worth individuals through Global Trend Alert.
In this article I wanted to share with you some of my key takeaways as well as what you can expect from the masterclass.
As a reader of Trading Engineered, I’m excited to offer you an exclusive discount (jump to the bottom to unlock.)
With that said let’s dive into the 5 key lessons I’ve learned during my interviews with Stan.
1. Keep it simple
Throughout the interviews this was a message that Stan constantly stressed. Keep your charts clean with just a few indicators as references.
Too much information both on your chart as well as through social media or news will degrade your decision making ability. Keep it simple and focus on what truly matters: price and volume.
2. Process over Performance
To succeed with investing and trading over decades you need to have a rules based system founded from careful study of what works in the market. Focus your attention on building this system and process over achieving short term results.
We can’t force the market to do what we want. However, with discipline and by executing properly on high probability trades, we will outperform well over time.
3. Group Strength
Group strength and performance has become increasingly important for Stan over the years.
Two equally strong chart patterns will result in quite different performance depending on the strength of their respective groups and sectors. Focus your buys on the 2-3 strongest groups.
Always look for themes and focus on the best stocks in the best groups in the best sectors.
4. Preparation and Mindset
This was an area that Stan focused quite a bit on. You need a consistent routine to achieve consistent results. We discussed his routines for stock selection, market prep, entries, position management, exercise, and health.
In addition, we discussed trading psychology and the proper mentality traders and investors need to become successful.
5. The Tape Tells All
Finally, Stan’s mantra: The Tape Tells All was at the core of all of his explanations. The idea is that the only information we need is price action which reflects known news, fundamentals, and the expectation of future growth.
Through careful study of price and volume action we can determine how the largest institutions are interpreting this information and positioning accordingly.
The Stan Weinstein Stage Analysis Masterclass
During the Masterclass Stan expands and explains the nuances of these key lessons and more!
Included in the course are 10 comprehensive Modules covering his entire system, 5+ hours of videos with Stan explaining the concepts, as well as bonus materials such as guides, challenges, and 100+ chart examples to cement the ideas.
The course will be released in just 96 hours and as a reader of this newsletter you have secured a $200 discount off the Pre-Launch special price.
This discount will expire once the course is released.
To unlock this discount use the code STAN200OFF at checkout: https://traderlion.com/stan-weinstein-stage-analysis/
Here is a message from Stan describing the course and the impact he hopes to have on students who take it.
This is the opportune time to be investing in yourself and preparing for the next bull market.
This course will help you develop specific rules and routines to identify the next batch of True Market Leaders as well as identify changing market conditions.
You can find more details about the course and modules by clicking the button below.
Remember, your discount expires in just a few days so do not hesitate and lock in your savings!
I hope you found this article helpful! If you have any questions about the masterclass let me know in the comments below.
Here is what you can do to help make them possible and support my work.
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Cheers!
Richard
Really looking forward to this class in preparation I am rereading his book, there is a ton, of great stuff which I had glanced over previously, great stuff looking forward to it
Hey I already paid for the prelaunch, do I get the $200 discount still?