Our September 11th guest speaker is Dr. Gary Dayton. Whether you use indicators or not, or are a swing, day, or position trader, Dr. Gary Dayton will introduce to you how to read the market by its own action as first demonstrated by Richard D. Wyckoff in the early part of the 20th Century. Using classic methods of chart analysis, you will learn how to read supply and demand bar-by-bar, as it unfolds on the chart. Dr. Gary will show you several classic principles of the Wyckoff Method in the modern markets, including climactic action, tests, absorption, retracements indicating continuation of the trend, and the tell-tale signs that the trend is changing – all with only the price bars and volume. He will also explain where choice trade setups occur within the overall structure of the market, and will detail high odds trade setups you can include in your trading plan.
Dr. Gary Dayton will also talk to the group about the psychology of trading with a focus on how traders tend to unknowingly 'throw rocks in their own pathway' and create difficulties in their trading. He will focus on why traders come to fear the market and how they can develop the strong and frustrating tendency to cut winning trades short. Through fun and illuminating experiences, Dr. Gary will also demonstrate how you can use cutting-edge psychological tools not only to overcome the common challenges in trading, but also to improve our trading results.
Dr. Gary Dayton is one of the few trading educators who have integrated technical trading skills with trading psychology. Dr. Dayton is a Wyckoff expert and teaches the Wyckoff Method of classic chart reading. He is also a psychologist and has introduced the practice of mindfulness and high-value trading actions to help traders overcome the emotional challenges associated with trading. Known by his students as 'Dr. Gary,' he is an engaging speaker at trading events and webinars covering topics on technical chart reading and trading psychology.
As a trading educator, Dr. Gary has taught many traders how to use the Wyckoff Method of chart analysis in his 'Chart Reading Mastery' course where students learn to read and trade the market by its own action. He has run weekly live trading events for TradeGuider's VSA Club trading the S&P e-mini futures contract and has taught the Wyckoff Method of trading via various seminars, workshops, webinars, and the VSA Club education programs.
In his thought-leader article, Fear Not: A Mindful Perspective for Traders published in Stocks, Futures, and Options Magazine (December, 2009), Dr. Dayton introduced traders to the practice of mindfulness to help them deal with the psychological side of trading. In the June 2010 issue of SFO Magazine, Dr. Dayton published, Take Control of Your Trading: Focus on High-Value Actions. In this article, he shows traders how to stay focused on critical trading actions rather than succumb to 'emotional hijackings' while trading.
Dr. Gary has developed several free trading-related exercises of high utility for traders. Traders can visit TradingPsychologyEdge.com and download a free mindfulness skill builder exercise to help them with focus and concentration, a free 7-part e-course on trading psychology, and a free introduction to chart reading where Dr. Gary takes the trader through the steps of reading the market by its own action. Dr. Gary has also published many trading and trading psychology articles via Ezine, T2W, the Money Show and other trading related websites and blogs, as well as webinars for SFO Magazine, eSignal, TradeGuider, LTG-Trading, and TradingPsychologyEdge.com.
For more information on this presentation contact:
Dr. Gary Dayton
drgary@tradingpsychologyedge.com
www.TradingPsychologyEdge.com
(917) 806-8470
(860) 432-0561 (US Office)