Many approaches have a finite half-life in trading. They work for a while, but then can no longer be used successfully. In the trading seminar, Ren Wolfram, a full-time trader for 25 years, showed why this is the case and presents an approach that has performed steadily and consistently profitably for over 5 decades. The third place winner of the 2013 World Trading Championship explained what two factors are relevant here and why this is the first approach, which from his experience contains all the beneficial elements, such as the structure of the strategy. He showed current trades from the recent past, but will also present a specific new order.
Did you miss the online seminar? That’s no problem at all, you can watch the recording here!
In the trading seminar, the third place winner of the official trading world championship 2013 presented his breakout methodology and shows practical examples, as well as performance data of some of his setups.
Since 1970, the approach has earned $6.1 million and had just one year ending with a minimal loss of -$110. Ren Wolfram showed you the equity chart and trade history. “We look together at the statistical investigations of market behavior and in this trading seminar from 6 p.m. we develop an awareness of the essence of the ‘WHEN’ in a trend and breakout approach. Time-saving implementation is an element, especially for retail traders, which makes the implementation of an approach possible or not. I’ll show you how you too can trade part-time with simple rules and only 3 hours of time per month. Helpful functions of the Nanotrader from WH Selfinvest are also used, which make trading plannable and efficient in the executive,” says the professional in the preliminary discussion.
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your expert
Ren tungsten has been an active trader for 22 years and has been trading since 2003. It follows a statistically based approach using both breakout and countertrend methods. The strategies are implemented with futures. However, most techniques can also be implemented with CFD. In 2013 he was the first German to take third place at the official world championship in futures trading, the Robbins Worldcup Trading Championship.
Image Sources: Rene Wolfram / Robbins Trading