Index, Forex and Diversified Trading

using simple mechancial solutions


Brent Penfold trading since 1983
and helping others since 2001!

International Best Seller! Now translated into;
German, Polish, Japanese, Korean and Simplified Chinese.

Workshop



Workshop

Learn to trade global indices.

A Strategy Master Class with Idx24

Includes 90 days of live trading.


Learn to trade global indices.

European Indices: Ftse, Stoxx50, Dax.
Asian Indices: Spi, Nikkei, Taiwan, Hang Seng.
North American Indices: E-Mini Nasdaq, E-Mini SP500.

Learn a 100% mechanical short-term approach to trading global indices.

Sydney Saturday 24th June, 2017 (9:00am to 5:00pm).

Attendence: AUD5,500 (Inc GST)
Confidentiality Agreement with Payment Instructions
[Note: International Traders are exempted from Australia's 10% GST. Cost AUD5,000.]



Financial Services Guide

INTERNATIONAL and INTERSTATE TRADERS
Traders who are unable to travel to Sydney can still be involved via Skype Video Conferencing. Traders will need to have Skype installed. Just download the Confidentiality Agreement from above and follow the enclosed instructions. Then drop me an email with your preferred mailing address.
I'll attempt to post the Workshop manuals out before the 24th June, 2017.


HOWEVER, for traders who cannot travel to Sydney and who are unable to join the Workshop Video Conference they can can still be involved by ordering the Workshop Manuals and participating in the 90 days of live trading. Just download the Confidentiality Agreement from above and follow the enclosed instructions.
Then drop me an email with your preferred mailing address. I'll post the Workshop manuals out before the 24th June, 2017.


Attend this Workshop and learn;

  • A 100% mechanical rule & evidence based short-term trend and counter-trend index trading methodology.
  • A methodology that is the model behind my daily newsletter IndexALERT which I have been publishing since 2004.
  • A methodology containing 9 strategies that can be traded individually or collectively depending on risk tolerance.
  • A methodology that consistently beats the indices despite changing times and conditions.
  • A methodology that performs consistently across geographical portfolios.
  • A methodology discretionary traders can use to over lay on their own analysis.
  • A methodology mechanical traders can have confidence in despite the inevitable drawdowns.
  • A methodology that traders can watch being traded live for 90 days with real money in real markets.

 

Hi it's Brent Penfold here.

Many thanks for dropping by and taking the time to consider my 2017 Workshop.

This Workshop will be the first time I'll be sharing my Idx24 methodology, the model behind my daily newsletter IndexALERT that I have been publishing since 2004. Idx24 is a 100% mechanical short-term trend and counter-trend (mean reversion) trading methodology designed to trade world index markets. Trades last on average between 1-2 days.

But first up please let me be frank.

As I say before all my Workshops, I can't guarantee you will earn any profits trading Idx24. Although IndexALERT has been profitable since 2004 I cannot guarantee the model behind it, Idx24, will continue to be profitable into the future.

Not me, or anyone for that matter, knows what the markets will hold for us in the future and no one knows how strategies that have performed well in the past will perform into the future, no one. Although Idx24 has historically performed well in the past there are no guarantees Idx24 will continue to perform well into the future. I can give you insights below that I hope will give you the confidence to believe Idx24 is robust and will continue to perform well. But I cannot give you any guarantees. I wish I could. But I can't. The markets aren't a Hollywood fiction where the good guy always wins. No, the markets are the furthest you can get from the Hollywood dream factory. It's tough. It's unsavory. It's the killing field of failed dreams and unfulfilled ambitions. So please have your head up and mind clear as you consider whether or not to attend my Workshop.

Now although I cannot guarantee you any profits if you attend, what I can guarantee you is this.

Firstly, its an unfortunate guarantee, however I have to give it to you. If you attend my Workshop you will experience pain.

I say this as I do lose on plenty of my Idx24 trades and I do suffer drawdowns. If you can't understand or accept this fact that trading involves loses, or if you can't see yourself experiencing the pain and surviving the loses then my Workshop is not for you.

I can't stress this enough as the only real secret to successful trading is that the best loser is the long-term winner. Surviving and prospering in trading is all about how you handle loses and risk, its not about the profits. Handling loses and risk is all about handling pain. If you're strong enough to accept, embrace, process and handle the pain of trading then my Workshop is for you.

Secondly, I can guarantee you that I will personally be trading Idx24 for 90 days while you watch. Attendees will see all my trades, whether they will be loses or profits.

And lastly, I can guarantee you that what I will be teaching is real. There is no fudging or airbrushing with Idx24. Yes Idx24 is painful at times to trade, but at least it is objective and has a verifiable edge. An edge that generates a positive expectancy.

So if you're not too precious or too sensitive when it comes to the inevitable loses trading will incur then I hope you do consider attending my Workshop. If you do I'll look forward to meeting you and sharing with you Idx24's robust methodology, the model behind my daily newsletter IndexALERT.

Please find below additional information about my Workshop that I hope will help you make an informed decision about whether or not to attend. If I haven't answered all your questions please feel free to e-mail me at bpenfold@tpg.com.au.

Yours sincerely
Brent Penfold
Futures Trader
May 2017



What's Ahead - Get Comfortable
At this point if you don't already have a cup of coffee or tea, you might like to get yourself one before you continue reading below. I say this because there is a lot to read! So you might as well get comfortable and settled in.

I'm about to launch into a detailed discussion about Idx24 and why you should consider attending my Workshop. I will concentrate on giving you some insights into why I believe Idx24 is a robust methodology.

I hope you will enjoy these insights I'm about to share with you.

And I hope my insights will not only help convince you to attend my Workshop but also give you valuable insights into general strategy review and development. Although you may have absolutely no interest in attending I feel you will still gain something from the effort. So please get comfortable before you start and please soldier on to the end.

By the end of my "insights" I hope you will understand that traders who attend my Workshop will be learning an effective methodology.

A robust methodology.

A methodology;

  • That simplifies the trading process.
  • That is short-term where trades on average last between 1 - 2 days.
  • That is relatively easier to trade compared to longer term systems since trades are exited much earlier.
  • That trades a geographical diverse portfolio of index markets that is free of data mining.
  • That is 100% rule and evidence based.
  • That is 100% objective and requires no interpretation, personal opinion or judgment.
  • That has minimal curve fitting (note every strategy has a degree of curve fitting) due to;
    • The individual Idx24 strategies being predominantly single and multiple timeframe price and pattern based.
    • The absent of traditional variable dependent indicators (apart from a (20)ATR and (200)DMA).
  • That is robust due to it;
    • Being free of data mining.
    • Being free of substantive curve fitting.
    • Being out-of-sample.
      • Five of strategies have been released since 2001 and continue to enjoy rising equity curves.
      • IDXE has been released since 2008 and continues to enjoy a rising equity curve.
      • IDXB has been released since 2009 and continues to enjoy a rising equity curve.
      • IDXR has been released since 2014 and despite a dip is experiencing a recovery in its equity curve.
      • IDXW has been released since 2016 and continues to enjoy a rising equity curve.
    • Being flexible. Idx24 can be;
      • Traded on various portfolios/individual markets of varying sizes.
      • Traded with one or more of the individual nine strategies.
      • Traded by most people with varying account sizes, varying risk tolerances and varying objectives.
  • That doesn't require software to find set-ups.
  • That will be traded live for 90 days in real markets with real money.
  • That costs the price of one bad losing trade.


Actually, you may like to grab two cups of coffee or tea, there will be a lot to cover!

Good luck. :o)

Regards
Brent Penfold

Sydney Saturday 24th June, 2017 (9:00am to 5:00pm).
Attendence: AUD5,500 (Inc GST)

Confidentiality Agreement with Payment Instructions
[Note: International Traders are exempted from Australia's 10% GST. Cost AUD5,000.]

 

Workshop Insights
Snap Shot - Recent Idx24 Trades
Snap Shot - Idx24 Performance

Trader Education - An Opportunity to Reduce its Cost
Trader Education - Why Futures?

Appeal of Mechanical Trading - Simplifies the Trading Process and Removes the Psychological Burden

Portfolio - Avoid Data Mining
Portfolio - Scalability to fit Varying Account Sizes and Risk Tolerances

Methodology - 100% Mechanical
Methodology - Robustness, Few Traditional Indicators
Methodology - Robustness, Out-of-Sample
Methodology - Is Software Required, Yes or No?

90 Days of Live Trading - An Opportunity to Create New Trading Habits
90 Days of Live Trading - How it will Work

Workshop - Heads Up, Here Comes the Selling Pitch
Workshop - A Strategy Master Class
Workshop - The Objective is to Become Successful
Workshop - No Need to Give up Your Day Job
Workshop - Take Aways
Workshop - Flexible to Suit Most Traders
Workshop - Simple Works Best
Workshop - Summary




Snap Shot - Recent Idx24 Trades
Here are the recent Idx24 signals across the Asian, European and North American markets that Idx24 (and IndexALERT) trades. I hope this gives you a feel of what attendees will be learning. Note red markers are for sell trades while green markers are for buy trades.


















Snap Shot - Idx24 Performance
And here's a quick look at Idx24's performance.




For a more detailed summary of Idx24's performance you can go to the following link. Idx24

Now that you have a better idea of Idx24's historical performance lets move onto some other areas.

Lets start with viewing the Workshop as merely the cost of your education. A cost that you can choose to pay by attending the Workshop or choose to keep paying in mounting market losses by continuing to trade without a robust positive expectancy strategy.



Trader Education - An Opportunity to Reduce its Cost
Generally it costs money to be educated.

And unfortunately with trading it costs a lot of money, and don't we all know it. :o(

So if you would like to learn a sound short-term index trading methodology that has been behind my daily newsletter IndexALERT since 2004 (and where I first discovered 5 of the patterns and have been trading them since 1998) that is generally free of traditional indicators (I do use a 20 day Average True Range and a 200 day Moving Average), while at the same time reducing the cost of your trading education (by trading right and not wrong, which is usually always paid in the form of trading losses), then read on.

Attending this Workshop will be an opportunity for you to learn an effective short-term index trading methodology that will help you navigate your way through the exciting, but at times volatile world, of global index markets.

For the price of one bad trade you can accelerate your market education by attending and later watching me trade Idx24 live for 90-days. Trading live for 90 days with real money in real markets.

Really this Workshop is not a bad deal.

For the price of one bad, aggravating trade, you'll not only receive a thorough education into the explanation of a robust methodology Idx24, but you will also be able to reinforce your understanding and knowledge of Idx24 for 90 days as you watch me trade it live.

If you're serious about both your trading education and trading career then this is a Workshop you should seriously consider attending.



Trader Education - Why Futures?
The simple answer is because I'm a futures trader, I trade futures!

A more considered answer may point to my origins as a trader with Bank America in 1983 where I was responsible for trading the 90-day Bank Bill futures. Precedence has seen me remain with futures ever since.

In truth I suppose that is exactly how I became interested in and traded futures.

However, as luck has it, I believe futures, in my opinion, are possibly the most superior instrument to actively trade for the professional trader. I say this for the following reasons.


Liquidity
Did you know that there is every possibility that your country's main sharemarket index futures contract is the largest equity instruments in your market? In Australia our sharemarket index futures contract is called the ASX SPI200, or SPI for short. I actually wrote a book called Trading The SPI (Wright/Wiley Books 2005). As of writing the market has closed with the SPI trading over 25,000 contracts. With the SPI closing at 5771, and one index point is worth AUD25, that makes the value of SPI futures contract traded today being over AUD3.6 billion (5771 * 25 * 25,000).Today's top share on the Australian stock exchange by value was the ANZ bank which traded over AUD146 mllion in shares. This makes the SPI futures contract the largest equity instrument by far traded in Australia!

In a professional traders world liquidity in numero uno. Its not so much about getting into a trade, its all about getting out. Liquidity is king and index futures are usually wearing the crown!


Ability to be Symmetrical in Trading - Buying and Selling
Futures allow traders to buy and sell.

It's an intrinsic requirement of futures as a principle risk management tool for the primary participants like fund managers.

To my knowledge no futures exchange has ever imposed a temporary ban on selling futures.

I can't say the same for global sharemarkets around the world.

When sharemakets are under pressure regulators are known to step in to banned short-selling. Do a google search and you'll see how often it happens.

Banning short-selling is like tying one hand of a trader behind their back. They can only do half their job.

Professional traders like to use both hands so to speak, so futures are by far the superior trading security when they don't experience any banning or interruption to their trading, particularly when they want to sell-short!


24-Hour Protection
Most stock exchanges are open only during their respective daily business hours leaving share traders exposed to volatile overnight moves.

Not so with futures.

Most futures exchanges allow traders multiple sessions (day and night) to trade their index futures contracts. Multiple, or continuous sessions offers traders stop protection which is essential to survive in trading. Similar protection is not offered to share traders.


No Counter-Party Risk
Futures are traded on a regulated exchange where through novation the exchange guarantees the outcome of each trade. If you trade and win, you'll be paid your profits.

The same cannot be said for shares.

A dirty little secret of sharemarkets are the number of company shares that go off the board due to bankruptcy or administration. The exchanges don't promote it but just because a share is listed on a public exchange does not guarantee it will remain in existence!


Low Transaction Costs
Being a competitive market futures brokerage is very low. For the price of say AUD50 I can buy one SPI futures contract. For the brokerage price of AUD50 I can have an exposure of AUD146,775 (5871 x AUD25). If I wanted to buy the equivalent in shares and my brokerage rate was 0.001% I would have to pay AUD$147!


Plenty of Historical Data
There are not too many companies that have been listed for say over 30 years on their respective exchanges. With futures there are plenty providing enough historical data for research and testing. Just as there is a clique in management that says if you can't measure it you can't manage it, the same goes with trading. If you can't measure it you shouldn't trade it. With futures you can do plenty of measuring!


So hands down, for the active trader, due to their;

- liquidity,
- abillty to buy and sell,
- 24-hour protection,
- zero counter-party risk,
- low transaction costs and
- plentiful historical data

futures are superior to shares for active trading.



Appeal of Mechanical Trading - Simplifies the Trading Process and Removes the Psychological Burden
A great appeal of mechanical trading is that it simplifies the trading process.

There are no decisions to make except to follow the rules.

A mechanical positive expectancy strategy like Idx24 removes the psychological stress of having to make decisions each day. You will no longer have to decide which market/s you should trade? You will no longer have to decide where you should enter, place your stop and exit? No. Your only job is to follow the rules of your mechancial strategy.

Following a mechanical strategy makes trading simple.



Portfolio - Avoid Data Mining
The biggest risk traders face when they attend any Workshop or purchase a strategy is whether or not the methodology or technique taught/sold actually works going forward?

It's an unfortunate fact that not many ideas or strategies in technical analysis works.

Strategies face two risks.

The first is the methodology is simply not robust. That it has suffered from being "curve fitted" to the data. Where the developer has either deliberately, or inadvertently used too many variable dependent indicators. The truth is every strategy to some degree is curved fitted to data. Winning strategies have minimal curve fitting while the majority indulge.

The second risk is that a reasonable looking strategy has been applied to the best markets to boosts its shine. That is the system vendor has "mined" the data looking for the best individual markets to run their methodology over.

So a huge risk traders face when considering a new strategy is that unbeknown to them the strategy has been viewed on the best available markets. The system vendor has "mined" the data to fit the strategy.

The vendor has "subjectively" selected the portfolio.

"Data mining" is the twin evil of "curve fitting".

For Idx24's portfolio I have simply picked the most liquid global index markets that are easily accessed by the private trader across Asia (Spi, Nikkei, Taiwan and Hang Seng), Europe (Stoxx50, Dax and Ftse) and North America (E-Mini Nasdaq and E-Mini SP500).

Just take a look at the world map above with the three equity curves below it to see how well Idx24 trades cross three geographical diverse portfolio of index markets. And look below at Idx24's performance over individual index markets.

I have not restricted Idx24 to only the best index markets it trades on.

Idx24's portfolio has not been "data mined" to fit its strategy.



Portfolio - Scalability to fit Varying Account Sizes and Risk Tolerances
In utopia all private traders would have institutional size accounts allowing them to trade a global sized portfolio of diversified markets.

Unfortunately we don't live in utopia. :o(

The rule of thumb for trading is that the larger the portfolio the better. With a larger portfolio you are more likely to catch a couple of good size trades.

The smaller a portfolio the greater the risk a trader will miss out on some good trades.

Depending on each attendee's individual account size and risk tolerance Idx24 is very flexible and scalable.

If they prefer attendees can consider just trading the Asian portfolio.


Alternatively they could consider just trading the European portfolio.


Alternatively they may choose to focus on trading the North American portfolio.


Or maybe a northern hemisphere combined European and North American portfolio.


Or like me, the Global Portfolio.


Depending on your individual account size, risk tolerance and trading objectives Idx24 has enough flexibility and scalability to suit your needs.

With these alternative portfolios I hope that most private traders with varying account sizes who attend the Workshop will find one that will fit within their risk profile and risk capital constraints.


Well so far so good. At this point I hope I've convinced you of a number of important ideas;

  • Idx24 has performed historically in the past.
  • Attending the Workshop will help reduce the cost of your market education.
  • Trading with a mechanical strategy has great appeal;
    • It simplifies the trading process.
    • It removes the need to worry about individual sharemarkets/indices.
  • Portfolio selection is important to avoid "data mining". Idx24 works across geographically portfolios.

 

Lets now delve into Idx24's methodology.

This is where I hope to give you confidence about how robust Idx24 is.

 

Sydney Saturday 24th June, 2017 (9:00am to 5:00pm).
Attendence: AUD5,500 (Inc GST)
Confidentiality Agreement with Payment Instructions
[Note: International Traders are exempted from Australia's 10% GST. Cost AUD5,000.]




Methodology - 100% Mechanical

Naturally Idx24 will be fully disclosed during the Workshop. There is nothing "black box" about it.

I will be fully revealing how my daily newsletter IndexALERT uses Idx24 to create its daily recommendations.

Idx24 is a 100% mechanical short-term trend trading and counter-trend (mean reversion) methodology.

"Mechanical" means Idx24 is all rule based and 100% objective. There is no requirement for any subjective, judgmental interpretation. Either a set-up will exist or it won't. When a set-up exists there are exact rules for where to enter, where to place an initial stop and where to exit. There is no doubt about what to do. Being "mechanical" means it is 100% structured.



Methodology - Robustness, Few Traditional Indicators
Although Idx24 does use a 20 day Average True Range and a 200 day Moving Average it is generally free of most traditional indicators you see in the majority of trading books, charting programs and trading systems.

In my opinion traditional indicators are generally too vulnerable to "variable" manipulation.

This is because different variable values can give different indicator interpretations. The more variables an indicator has the more scope for variability. The more variability, the more wiggle room and the more unreliable the indicator interpretation is.

Traditional indicators make it too easy for designers/developers to tweak a variable here and there to produce a wonderfully smooth and upward sloping equity curve.

Traditional indicators make it too "tempting" for traders to "curve fit" their methodology to the market/s.

Traditional indicators can lure traders into a false sense of security, and like the Greek mythical Sirens who lured sailors to shipwreck their boats, can lead traders to shipwreck their accounts!

As I've said most strategies to some degree are "curve fitted" to data. The trick is to minimise it.

It's best not to be tempted to "curve fit" a strategy too much to fit a market.

"Curve fitted" strategies usually always fail in live trading.

Idx24's individual strategies are generally 100% price pattern based over single and/or multiple timeframes.

They generally do not use traditional indicators (apart from a 20 day Average True Range and a 200 day Moving Average).



Methodology - Robustness, Out-of-Sample
As I've mentioned above a big risk attendees face when they attend a Workshop is whether or not the methodology or technique taught actually works going forward?

Many strategies suffer from being "curve fitted" to past data.

"Curve fitted" strategies usually always fail in real time trading.

I myself have strategies that I question regularly when I'm suffering the inevitable drawdowns. I question myself whether or not I've in advertently "curve fitted" my strategy too much to the data? Obviously I'm well aware of the perils of "curve fitting". But it still doesn't stop me from asking the "mirror" if at times I haven't fallen into the trap?

So the first question any trader needs to ask themselves, and satisfy themselves, is whether or not a methodology being taught or sold (like Idx24), is "robust" and free of "curve fitting"?

A tradable robustness should be the Holy Grail objective of all methodologies.

A simple definition of robustness is an upward sloping equity curve on out-of-sample data. That is, does a methodology or technique continue to work after it was first discussed/released?



An equity curve that continues to move upward on out-of-sample data is robust. The more out-of-sample data the more robust the equity curve. More TIME means more ROBUST.

Now that I've defined what I mean by robust let me give you some insight into Idx24.

As I stated above I cannot give you any guarantees about how well Idx24 will perform into the future. However I can give you some insights into its methodology which I hope will give you some confidence about its robustness.

Without giving too much away what I can share with you about Idx24 is this.

Although I did not formally name my preferred collection of index trading strategies "Idx24" until 2015, the models existence and continuing evolution commenced in 2001 with my model IndexTrader (although back then I called it SpiTrader). However I was trading these patterns before I released them publicly in 2001. I first discovered and have been trading five of these patterns since 1998. That is almost 20 years! The most recent evolution and addition to Idx24 was a new strategy IDXW in 2016.

As I've mentioned Idx24 is the model behind IndexALERT's daily signal newsletter service. A daily newsletter that I have been publishing since 2004. It's been trading for 13 years during a time of almost unprecedented volatility.

Idx24's methodology includes the following nine strategies with their release dates;

- Strategy # 1: Released 2001. IAR - (IdxTrader modified) Breakout trend trading, asymmetrical, buy only.
- Strategy # 2: Released 2001. IAS - (IdxTrader modified) Mean reversion, asymmetrical, buy only.
- Strategy # 3: Released 2001. IAM - (IdxTrader modified) Mean reversion, asymmetrical, sell only.
- Strategy # 4: Released 2001. IAD - (IdxTrader modified) Mean reversion, asymmetrical, sell only.
- Strategy # 5: Released 2001: IAB - Mean reversion, symmetrical, buy and sell.
- Strategy # 6: Released 2008. IDXE - Retracement trend trading, symmetrical, buy and sell.
- Strategy # 7: Released 2009: IDXB - Breakout trend trading, symmetrical, buy and sell.
- Strategy # 8: Released 2014. IDXR - Mean reversion trend trading, symmetrical, buy and sell.
- Strategy # 9: Released 2016: IDXW - Breakout trend trading, symmetrical, buy and sell.

As you can see in the following chart most of the strategies have been in the market for some time now.




Idx24 is not a strategy that has just materialized out of thin air.

Although Idx24 will be new to you, please understand that five of the strategies are now into their seventeenth year since their release, one into its ninth year, one into its eighth year, another its third year and the most recent its second year.

In other words, Idx24 is out-of-sample.

Idx24 is also not reliant on a super performance by one or two individual index markets. As you can see below Idx24 performs consistently across all geographic and individual index markets.




While individual markets have been extremely volatile Idx24's individual equity curves keep marching upward and is not reliant on an "out-performance" by one or two indices..

In addition to being robust across individual markets, Idx24 is also robust across individual strategies.

Take a look.

As they say a picture paints a thousand words.

Although I cannot give a guarantee Idx24 will continue to perform well into the future it's out-of-sample robustness goes a long way to fostering confidence that it may continue to perform well into the future. But remember it is not a guarantee.



Methodology - Is Software Required, Yes or No?
You do not need software to trade Idx24.

To find Idx24 setups all you need is the following;

  1. Idx24's Methodology (Workshop Manual).
  2. Access to a reasonable internet site offering data and charts. A chart site similar to BarCharts.com; http://www.barchart.com/commodityfutures/All
  3. A spreadsheet.
  4. A calculator.

To manage open positions all you need is;

  1. Idx24's Methodology (Workshop Manual).
  2. Access to a reasonable internet site offering data and charts. A chart site similar to BarCharts.com; http://www.barchart.com/commodityfutures/All
  3. A spreadsheet.
  4. A calculator.

 

However it would be very helpful to have software to backtest and verify Idx24's historical performance.

To do it manually would be time consuming and take a month of Sundays.

[ Sidebar: Now although you do not need software to find Idx24 set-ups I would encourage all traders to consider learning appropriate trading software if they haven't already.

Yes, I know I've said that you don't need software to find Idx24 set-ups, and you still don't. However having the skills and software to backtest Idx24's historical performance will not only speed up your independent verification of Idx24, but it will also equip you with invaluable skills to help you continue along your path toward trading success. Viewing an historical equity curve is one of the best early indications I use on deciding whether or not an idea deserves my continuing interest. The best way to build historical equity curves is software. End of Sidebar. :o)]

Are you still with me?

Good and well done.

Up to this point I hope I've given you enough insight into Idx24 to understand how robust it is.

Next I'll discuss the 90-day live trading component and then I'll start selling a little harder as I move onto the Workshop generally.

 

Sydney Saturday 24th June, 2017 (9:00am to 5:00pm).
Attendence: AUD5,500 (Inc GST)
Confidentiality Agreement with Payment Instructions
[Note: International Traders are exempted from Australia's 10% GST. Cost AUD5,000.]



90 Days of Live Trading - An Opportunity to Create new Trading Habits
Following the Workshop attendees will have 90 days to watch me trade Idx24 in real markets with real money. They will see their teacher walk his talk. They will watch their teacher trade. To my knowledge, I am the only trader who will not only teach you the theory and techniques, but who will also allow his/her Workshop attendees to watch them personally trade live for 90 days executing the strategies with real money, in real time and in real markets. Some Workshops will provide live trading over a weekend but I'm not aware of any who will do so for 90 days.

Attendees will learn how I treat my trading as a business without the emotion that usually sabotages most traders. Attendees will see how Idx24's nine rule based strategies are 100% objective and do not require any subjective interpretation and or judgment on my behalf. The live trading will re-enforce attendee's knowledge and application of Idx24. Attendee's will learn how one hour of preparation each day will prepare them for succeed in trading. Attendees will learn how repetition over 90 days of live trading will reinforce their new knowledge, create new powerful trading habits and create new confidence to set them on the path towards trading success.



90 Days of Live Trading - How it will Work

This is what I do every morning.

The last US futures markets finish at 4:15pm Chicago time (6:15am Sydney time).

Between 6:15am and 7:30am Sydney time I complete my data collection (daily open, high, low, close and volume) for all the futures markets I trade. I then identify any set-ups that exist and prepare my orders for the next 24-hours. If I have any open position/s I'll review and adjust my trade management instructions where required.

Once I've completed my own trading requirements I switch my focus to preparing and publishing my daily newsletters.

Once I've sent my last newsletter out I'll switch my focus to helping the attendees.

I will prepare and send out a daily Idx24 e-mail to the Workshop attendees.

The e-mail will contain any daily Idx24 setups, orders and trade management instructions.

I intend completing all this by 9:00am each morning.

Attendees will be able to print out my morning emails to firstly reconcile they have correctly understood Idx24. And secondly to watch how I'm going during the day as they can watch delayed intra day prices via the internet.

For example attendees could monitor the following link;

http://www.barchart.com/commodityfutures/All?view=9660


They'll be able to see how my orders are developing, see where they are being triggered and watch how they're progressing. They'll see where I get stopped out and they'll see where I'll take my profits. They'll know all of this off my morning emails. They'll be able to print it off and then watch along as they see my orders being triggered and being "live" in the markets. They'll see how the trading Gods will treat my position/s. They'll see how I manage my positions.

Now the whole point of my daily emails is not for me to do all the work but to allow attendees to check their own daily analysis and order preparation against mine. If there are any discrepancies attendees can e-mail me with their question/s.

During the day I expect to receive attendee emails with various questions about my orders, Idx24 etc. I will answer those in a group e-mail so everyone benefits. Those emails will include illustrative charts where appropriate since I will have more time.

The whole purpose of the 90 days of live trading is to reinforce attendees understanding and educational knowledge of Idx24.

I believe it's only through daily repetition that we as traders can really learn and really create new and sustainable trading habits.

This is how the 90 days of live trading will work.



Workshop - Heads Up, Here Comes the Selling Pitch
Phew.

If you're still with me, then many thanks for persisting.

I hope what I've covered has given you some good insights into Idx24. I hope it was informative and I hope it has help you.

Now I hope you can continue to read on, however I have to warn you I'm about to go into full scale selling mode. So if you're not considering attending my Workshop then it's best you click out of here now and save yourself the aggravation of hearing my sales voice. If you keep going there is always the risk I may sell you some steak knives!!!

If you're happy to continue then please do.

 

Sydney Saturday 24th June, 2017 (9:00am to 5:00pm).
Attendence: AUD5,500 (Inc GST)
Confidentiality Agreement with Payment Instructions
[Note: International Traders are exempted from Australia's 10% GST. Cost AUD5,000.]

 


Workshop - A Strategy Master Class
It's my intention to spend the whole Workshop focusing on the nine strategies. Although I will touch upon money management and psychology, they will not be my focus, the nine strategies will be.

This Workshop will be a rare opportunity to learn the model behind my daily newsletter IndexALERT. I've never done it before so I'm excited to share my preferred collection of index strategies, Idx24.



Workshop - The Objective is to Become Successful
Attendees will learn a robust 100% mechanical short-term trend and counter-trend (mean reversion) trading methodology. By watching me trade live for 90 days attendees will learn how to eliminate fear and hesitation from their trading. They will learn how to establish the discipline necessary to follow Idx24 and they will learn how to develop good trading habits. They will learn how to gain the strength to take their losses without wavering. They will learn how to eliminate fear, doubt and hesitation. They will learn how to avoid over-confidence and the dangers associated with it. They will learn how to maintain discipline and consistency. They will learn how to live within the reality of Idx24. They will learn how to become a successful trader.



Workshop - No Need to Give up Your Day Job
Attendees will learn how to trade like a professional while still maintaining their day job. They'll learn how to trade without having to sit in front of their trading screen 24 hours a day. They'll learn how one hour a day will allow then to identify their trading opportunities. They will learn how to prepare trade orders with entry, stop and exit instructions.

They'll learn how to "enter, set and forget" their orders.

They'll learn how to trade smart, like I do.



Workshop - Take Aways
Attendees will learn the complete rules for all nine Idx24 strategies, all 100% mechanical short-term trading strategies.

- Strategy 1: IAR
- Strategy 2: IAS
- Strategy 3: IAM
- Strategy 4: IAD
- Strategy 5: IAB
- Strategy 6: IDXE
- Strategy 7: IDXB
- Strategy 8: IDXR
- Strategy 9: IDXW

From the strategies attendees will learn;

- which market to trade
- when to trade
- where to enter
- where to place stops
- where to take profits


Attendees will enjoy 90 days watching me trade Idx24 live in real markets with real money. After 90 days of live trading attendees will learn how to trade;

- without fear
- without doubt
- without hesitation
- without mistakes
- with confidence
- with discipline
- with rules
- with purpose


Attendees will receive the Workshop's comprehensive manual.

Attendees will receive a complete trade history file for Idx24's nine strategies over the entire nine index portfolio.



Workshop - Flexible to Suit Most Traders
Attendees will learn the nine 100% objective and mechanical rule based short-term index trading strategies that make up Idx24.

Attendees will essentially receive nine strategies for the price of one (see I'm selling!!).

The strategies do not require any interpretation or judgment. A set-up will either exist or it won't.

Attendees will receive various portfolio combinations (Asian, European and North American) that should satisfy most trading accounts.

Attendees will have the flexibility, depending on their individual account sizes, risk tolerance and trading objectives, to either trade just one, two, three, four, five, six, seven, eight or like me, all nine of Idx24's strategies.

The ability to choose either a single, or multiple Idx24 strategy and combining them with one of the numerous portfolios makes Idx24 both flexible and scalable, making Idx24 appealing to most traders.

Attendees will walk away from the Workshop with a portfolio of nine strategies to begin trading a diverse portfolio of index futures with both purpose and confidence.



Workshop - Simple Works Best
Attendees will learn the Idx24 strategies are both simple and effective and do not require any sophisticated software to trade. Attendees will learn how these strategies can easily be traded with just an excel spreadsheet and access to internet sites offering basic charting.

As I said these strategies are simple.

Being simple makes them 100% objective.

Being simple means they do not require any subjective interpretation or judgment from the trader.

Being simple means they are robust.

Being simple means less can go wrong.

Being simple means these results are easily verifiable by those traders who are prepared to do the work to independently backtest the strategies and verify their individual expectancies.

But being simple doesn't make them perfect or easy to trade.

But then for those who have been trading long enough know there is no such thing as "perfect" or "painless" in trading.

Although my Idx24 strategies are simple to understand and learn, they're not easy or painless to trade. They do lose and they will bruise you. But at least they are real. And being real makes them verifiable. Verifiable, real and simple strategies. Strategies that have not been curve fitted to historical data using a multitude of traditional variable dependent indicators. They are all real, verifiable and simple strategies that have an edge. Attendees will learn one secret to successful trading is to keep strategies simple. Simple makes it real. Real engenders robustness. Robustness engenders longevity. Longevity engenders trading success!

[See, I'm selling hard now. :o) ]



Workshop - Summary
For the price of one bad trade you can accelerate your market education.

By attending the Workshop attendees will commence the establishment of their own trading business. They'll walk away with not just one or two trading methodologies but nine. They will have a ring side seat as they watch me trade live. They will enjoy a live trading program where they can engage in dialogue with a professional trader. They will commence their ascent to becoming a successful trader.

Really this Workshop is good value.

For the price of one bad trade, you'll not only receive a thorough explanation of a robust methodology Idx24, but you will also be able to reinforce your understanding and knowledge of Idx24 for 90 days as you watch me trade it live.

If you're serious about both your trading education and trading career then this is a Workshop you should seriously consider attending.

To attend you'll need to print, sign and have witness the Confidentiality Agreement and e-mail me a scanned copy. Your payment will then confirm your place.

If you decide to attend I'll look forward to helping you achieve your trading goals by showing you how I trade Idx24 and then allowing you to watch and trade with me lived for 90 days!



Thank You
If you're still with me then congratulations.

That was a marathon effort.

I hope you now have a better understanding of what attendees will learn during my Workshop.

I hope you now have a reasonable insight into Idx24.

I hope I've done a good enough job to have you understand that Idx24 is robust methodology.

A methodology;

  • That simplifies the trading process.
  • That is short-term where trades on average last between 1 - 2 days.
  • That is relatively easier to trade compared to longer term systems since trades are exited much earlier.
  • That trades a geographical diverse portfolio of index markets that is free of data mining.
  • That is 100% rule and evidence based.
  • That is 100% objective and requires no interpretation, personal opinion or judgment.
  • That has minimal curve fitting (remember every strategy has a degree of curve fitting) due to;
    • The individual Idx24 strategies being predominantly single and multiple timeframe price and pattern based.
    • The absent of traditional variable dependent indicators (apart from a (20)ATR and (200)DMA).
  • That is robust due to it;
    • Being free of data mining.
    • Being free of substantive curve fitting.
    • Being out-of-sample.
      • Five of strategies have been released since 2001 and continue to enjoy rising equity curves.
      • IDXE has been released since 2008 and continues to enjoy a rising equity curve.
      • IDXB has been released since 2009 and continues to enjoy a rising equity curve.
      • IDXR has been released since 2014 and despite a dip is experiencing a recovery in its equity curve.
      • IDXW has been released since 2016 and continues to enjoy a rising equity curve.
    • Being flexible. Idx24 can be;
    • Being flexible. Idx24 can be;
      • Traded on various portfolios/individual markets of varying sizes.
      • Traded with one or more of the individual nine strategies.
      • Traded by most people with varying account sizes, varying risk tolerances and varying objectives.
  • That doesn't require software to find set-ups.
  • That will be traded live for 90 days in real markets with real money.
  • That costs the price of one bad losing trade.

 

It's now over to you.

If you have any questions please do not hesitate to e-mail at bpenfold@tpg.com.au.

And I look forward to seeing you soon.

 

Sydney Saturday 24th June, 2017 (9:00am to 5:00pm).
Attendence: AUD5,500 (Inc GST)
Confidentiality Agreement with Payment Instructions
[Note: International Traders are exempted from Australia's 10% GST. Cost AUD5,000.]

 

Yours sincerely,

 

Note: All performance results are hypothetical only, showing the results of trading 1 futures contract per signal (apart from when money management is applied). Please be aware hypothetical results DO NOT indicate future success. Hypothetical results may under, or over compensate, for the impact, if any, of certain market conditions, such as but not limited to, poor liquidity, poor execution, competitive or expensive brokerage etc. Traders need to be very aware there is RISK OF LOSS in futures trading. Hypothetical, historic or actual results do not indicate future success. 




Disclaimer: Active trading carries a high level of risk and may not be suitable for all people. The high degree of leverage provided by futures can work against you as well as work for you. Before deciding to trade you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your risk capital and therefore you should not trade money that you cannot afford to lose. You should be aware of all the risks associated with active trading and seek advice from an independent financial adviser if you have any doubts. Past performance is no assurance of future performance.

Under Chapters 6D and 7 of Australia’s Corporations Act 2001 I am authorised to carry on a financial services business to provide general advice on futures to Australian wholesale clients. Accordingly any opinions, conclusions and or other information expressed by myself do not contain personal advice. Visitors will need to with, or without the assistant of a person licensed to give personal advice, to determine whether any general advice expressed by myself is appropriate for them given their particular needs, financial situation and investment objectives.