How Do I Get Started?
David Bowden, the founder of Safety in the Market, bought a house from a single week of trading in 1988. It’s one of the things he is famous for. And while hearing this story inspires many to get into trading, what they don’t realise is that David had been learning his craft for 2 years by that point and had put in the hard yards… without a mentor to guide him. Luckily for us, David took the time to document how he became a successful trader, and we can now all benefit from this knowledge. Through Safety in the Market, we can teach you how to trade, but we can’t make you do the work. If you’re excited by the idea of what trading can bring to your life and you’re ready to put in some time to hone your skills in this new profession, then you’ve come to the right place.
When you learn to trade with Safety in the Market, you’ll start with the Active Trader Program, which is in fact three courses in one! To begin with, we’ll start by ensuring you have a solid foundation to build your knowledge on, so don’t worry if you are new to trading. Even if you’ve been trading for some time, you’re likely to find the initial chapters a great form of revision and we often find even experienced traders comment that it’s a great reminder of the basics. Our benchmark for all students who undertake the Active Trader Program is to give you the ability to identify and take trades with a 10 to 1 Reward to Risk Ratio. That is, for every $1 risked on the trade, you receive $10 on a winning trade. Forget about the 2 to 1 and 3 to 1 Reward to Risk Ratio that many traders talk about – our traders aim for, and achieve this using the tools they’ve learnt through this program.
I just got out of a 10:1 trade on the SPI200 on the 31/05/2022… The Wheels within Wheels spreadsheet is great at keeping you on track…
In the Active Trader Program, you’ll learn about:
Following The Trend of the Market so that you’re trading with the flow and not against it. You’ll learn about choosing your market, your time frames and constructing and reading the charts needed to do the analysis. We’ll teach you about common formations in the charts that allow you to identify the trend of the market and take you step by step through the process of confirming the direction of the trend.
Finding the Turning Points in the Market. It’s great to be able to recognise the trend, it’s not hard – when you know how, but finding where the trend will end, can be a little trickier. By being able to identify likely turning points in the market based on pressure points, you can have an unfair advantage of knowing what do next when it comes to deciding whether to take a long or short trade, or whether it’s best to sit on the sidelines for the time being.
Our Lead Trainer Mat Barnes gives a very important tip to finding turning points in the market: “The first secret to calling turning points, like the 1989 market where David Bowden predicted the high of the year, correct to the point, 12 months in advance, is that it MUST be combined with trend analysis. Price Forecasting is not difficult, and anyone can do it with a bit of practice, but without Trend Mastery you’re just having a stab in the dark. Learn the trend first, and Price Forecasting often happens naturally as a result.”
The ATP program is like the missing link I was always searching for. I can’t trade without it, I don’t think anyone can trade without it.
As a result of using only the ATP, I was able to enter a trade on the Dow Jones “US30”, 4 March 2021 low, using 1hr, 4hr ranges. I brought the Dow the next day, 5 March 2021 @ 30718. My risk was $166 AUD…
My reward to risk was exceptional, (18.26 to 1) I could not have achieved this previously, I attribute this purely to the Active Trader Program.
The Importance of a Trading Plan. You wouldn’t build a house without a plan, or start a new business without one, yet we find so many traders will place trades without any real plan behind them. Shooting from the hip can be great in some circumstances, but trading certainly isn’t one of them.
We’ll show you why it’s critical for you to have a plan. We’ll give you one to work with that’s been tried and tested by our most successful traders and we’ll then work through it with you, step by step to complete it and make it your own.
If you’re interested in learning more about the importance of your Trading Plan, click here to access our Trading Plan Tune Up short course.
After over 30 years of working with students and helping them become successful traders, we believe it helps if you have the following.
A clear goal in mind as to ‘why’ you want to learn to trade
As the old saying goes, when the why is big enough, the how takes care of itself. In the initial stages you will need to put in consistent study to work through the course material. Most new students will put in 4 – 6 hours a week.
That may sound like a lot, but once you start working through the courses, you’ll soon discover that David has an easy-to-read writing style – you’ll find you will actually enjoy the time reading the course and even have a few chuckles along the way.
At times you might find the work tedious, you’ll want to cut corners or skim over content. Remember your why and stay focused, it will serve you well in the end. This leads to our next point…
The discipline to do the work
It’s very tempting to read through a course and not do the exercises. However, like everything in life, the more you put in, the more you get out, and this rings true for your trading studies.
If there was ever a ‘secret’ to succeeding as a Safety in the Market student, it’s this… do the work, be curious and work through the examples as though they are your own trades, with real money on the line. The more examples you work through the more confident you will become.
The ability to take action
You’ve done your analysis, you’ve completed your trading plan – it’s now time to place the trade.
Being able to take action when necessary is an important trait of all good traders. Seeing an opportunity and being ready to act rather than second guessing yourself is critical. If you’re confident in your trading plan, that certainly makes this step easier.
Once you’ve done the work, and back tested it to prove to yourself that it works, you’ll find that confidence and ability to act when necessary.
In the Active Trader Program, you have two full written courses and over 20 hours of video content broken down into a series of easily digestible modules. You’ll find all of the video content is available online through your members login, along with online versions of the physical manuals.
That’s a lot of content, however it’s very thorough and written in a very easy to read format. We’ve done that to ensure we’ve given you our absolute best right from the start.
This course is designed to be complete in its entirety. Although we do run other webinars and offer other courses, we want you to know that should you stop at this level, you have all you need to be able to confidently trade using Price Analysis.
Ready to get started? Then click the button and we look forward to welcoming you to the Safety in the Market family.
