Course Outline
Jake Bernstein Legacy Mentor Program is designed to help you become a totally independent trader by guiding you through the most important elements that contribute to lasting success in the futures and stock markets. These elements are as follows:
• Trade SelectionTiming
• Market Patterns
• Trend Determination
• Systematic Application of Methods
• Risk Management and
• Trader Discipline, Self-Confidence and Psychology
Description of Program
Everything you will learn from Jake is highly specific and clearly illustrated with examples, history and rules. Before beginning the course, which is individually designed for you, Jake will discuss with you the following:
• Your goals as a trader
• Your time frame (i.e. short term, intermediate term, long term, day-trade, seasonal, etc.)
• What you consider to be your strong and weak points
• What your experience has been and how it has served you, and
• How you can realistically develop your trading plans
Jake will design a course individually tailored to your needs and then the work will begin.
Sessions are conducted one on one with Jake and you via telephone. Jake will supply charts, graphs, rules, notes, certain books and software as part of the training (no additional cost). You will get well over $7500 in trading systems, software and books as part of the training. Sessions are 40 minutes in length twice weekly. Jake will give you assignments as well as follow up questions to make certain you understand the work.
Times for the sessions can be adjusted to suit your needs - weekends and evenings included.
Topics
Jake can help guide you in the following areas of trading
• Short term trading
• Position trading
• Day trading
• Spread trading
• Seasonal trading and timing
• System trading
• Risk management and follow up stops
• Position allocation
• Timing indicators
• Trend determination
• Support and resistance methods
• Divergence indicators
• How to select high odds trades
• Knowing when to buy at support and sell at resistance
• Trader discipline and psychology
• Effective application of traditional indicators
• How to develop your own trading systems and method• s
• System testing and optimization
• "Scalping" stocks
• Seasonal spread trading
• Bullish and bearish sentiment indicators
• The Daily Sentiment Index
• How to compete with professional traders
• How to trade stocks and futures on-line
• Gap methods
• On Balance volume methods
• Accumulation / Distribution
• How to Avoid the Danger of Stochastic timing
• Short term high odds seasonals
• Combining seasonality with timing
• Ratio methods
• Cycles and cycle projections
• Ultra short term timing
• The 30 minute and one hour breakout methods
• The MOM/MA indicator
• The Power Momentum Formula
• How to evaluate the effectiveness of a system
• Momentum indicators
• Traditional Chart analysis
• Price and indicator patterns
• How to Avoid Popular Indicators that don't work!
• How to use the news to your advantage
• Analysis of open interest and trading volume
• Breakout timing methods
• Trend following methods, and much more
If you have a particular need Jake can most likely help you develop your skills in the given area or areas that you wish to improve upon.
Length of Program
The program runs 12 weeks from start to end. You will likely realize progress after the first two lessons because the information is so highly specific and tailor made to your needs.
Remember that Jake will not trade for you. Rather he will show you how to trade on your own. His goal is not to foster dependency but to help you develop your own winning skills.
