As you've seen, in this book there are over a hundred rules and procedures. With that said, virtually every trade setup can go horribly wrong if you neglect even one of the rules or don't follow proper procedures. This is not only true for you. This is true for all Wall Street day traders and for traders at all private equity firms all around the world.
In the professional world of day trading, you don't just lose capital when you make a big mistake. You get fired. You take the proverbial walk of shame off the trading floor. In the interest of not losing your money, you need to approach my Fusion Trading system with exactly the same caution and prevention that the pros use to keep their jobs.
I can't tell you how many times I've been contacted by graduates who tell me the horror stories about their bad trades. They all have one thing in common. They all admit that they knowingly made a mistake.
As a trainer my main objective is to coach you to the point where you can back-test your trades at any time and know exactly where you should have entered and exited, or whether you should have entered at all. After learning my system beside me, one-on-one, you should have the ability to make, on your own, the proper decisions in real time while trading.
For instance, if you know that the swing trade you just placed was not actually a swing level (meaning the daily level never held for 10 days), then you should ...