Brian P Anderson - The 1 Hour Trade: Make Money With One Simple Strategy, One Hour Daily

The 1 Hour Trade

Make Money with

One Simple Strategy,

One Hour Daily

By Brian Anderson

Http://www.LanghamTrading.com

Copyright 2014 by Brian Anderson

All rights reserved.

No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section107 or 108 of the 1976 United States Copyright Act, without the prior written permission of the author.

Limit of Liability/Disclaimer of Warranty:

While every effort has been made in preparing this book and representing this method and its potential, the author makes no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaims any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. The author shall not be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.

Free Membership

As a way of saying thanks for your purchase, Im giving you access to a 30 day Membership at www.langhamtrading.com/memberships for free.

Simply forward amazons order confirmation email for this book to: and I will send you a promo code for the free month membership.

Table of Contents

Introduction

There are very few worthwhile skills in this world, if any at all, that are easily mastered. Painstakingly difficult skills, like golf or surfing, for instance (At least for me; Im terrible at both.), take years of regular practice just to become good; to become an expert takes decades.

Trading the markets is no different than these and other hard-earned skills. After years of grinding away in practice of these pursuits, the subconscious takes on an increasing role. One day you wake up, and what was once so difficult for so long now seems simple, fluid, even easy.

With almost no exceptions, there are no short cuts.

Heres the good news... with trading, it is possible to fast-track your skill. You can become a successful trader, creating income for yourself, in a very short period of time.

In order to fast-track your trading skill, you need to adopt a laser beam focus on one specific setup, follow detailed rules and parameters, and ignore all other potential trading activity until youve mastered your one setup. It doesnt have to be the one I provide in this book, but whatever setup you end up choosing, it must remain your singular focus until you have become great at it. After that, you can expand into others, one by one, mastering each before the next.

Ive been trading full-time for several years. 90% of that time, I was losing money or just scraping by with marginal gains. Ive made every mistake and bad decision one can make in the market. The goal of this book is to save you from as much of that as possible and get you started on a profitable setup from which you can generate an income.

During the first several years of my trading career, I studied every book I could get my hands on. I studied value investing, day trading, technical analysis, fundamental analysis, chart patterns, trader psychology, and risk managementeverything and anything I thought might give me an edge.

My charts had a dozen indicators on them; I had several scanners alerting me to a number of ideal setups in real-time. I knew exactly what to look for and how to execute on many patterns and setups. I was eager and excited to make my millions in the market. Despite having all the theoretical knowledge and a firm grasp of it all, I continued to make mistake after mistake and lose money.

I suspect at least some of you have had similar experiences.

So what changed for me?

Theres a saying, something to the effect of, A dog chasing two rabbits catches neither. After reviewing my trading history, I realized I was chasing about a dozen rabbits, and I wasnt catching any of them.

I reflected on all the books I had invested in, rereading sections, reviewing notes, trying to find whatever it might be that would help me find the missing piece to success and consistent profit. During this reflection, something occurred to me.

In examining the practices of several of the most successful investors and traders, both alive and in generations past, they all have two things in common with regard to their strategies:

1. They have an extremely limited playbook, only a handful of setups they search for and commit capital to. Many have only one.

1. They have very specific rules and parameters, which their potential setup must meet.

I had overlooked this important fact and, instead, was trying to incorporate too many strategies into one plan. After this realization, I stopped trying to be a master of every trade. I stopped chasing a dozen different rabbits. I simplified. I decided, Im going to focus on one specific setup and become an expert at it.

My goal, formerly to become a successful trader, became to master three or four high reward, low risk setups, and build my success around them. With this new focused goal, I went to work. I became consistently profitable, all because I adopted a hyper-focus on only a single setup.

This book is the product of years of experience, failure, success, and education. It will teach you to create a second source of income, or significantly grow your account balance, by trading that first setup on which I built my consistency.

If youre familiar with trading, this book should be easy for you to grasp. If youre new to trading, I do my best to give you the foundational knowledge you need, but depending on how new you are, the material may be a little advanced. If you find this to be the case after youre through reading, please email me and I will answer any questions you have to get you up to speed and successful with this strategy. My contact information is at the end of the book.

The setup Ive chosen for you is one I believe offers the best combination of high reward and simple implementation. It is possible to execute if you, like most people, cant spend the entire day watching the market (It only takes about an hour each morning around the markets open at 9:30am EST.) to identify the setup and execute an entry.

With that being said, you will need to have access to your account to monitor and manage your exit order throughout the day and especially before the market closes. Nearly every brokerage offers smartphone apps to manage your account, so this shouldnt be a problem.

Now please understand, simple DOES NOT mean easy . Successfully implementing this strategy and creating consistent income takes discipline and patience. These two skills can be harder to manage than every other single component of trading combined. And, unfortunately, theyre impossible to gain from a book, but I try to help a bit.

I will give you a formula to succeed with step-by-step instructions, and I will outline the full range of decision making required to appropriately identify solid opportunities and capitalize on them for profits.

It is my goal to bring you to consistent income, while saving you from the high cost of trader tuition and the years of unprofitability most have to endure before becoming successful, if ever. As long as you bring patience and discipline to the table, this can be the start of a beautiful relationship, and you will make money.

If you cant bring the mental side, your account balance will not end well.

Lets be successful.

A quick note: I realize that some of the charts in the eBook version will be hard to see on some devices. There is a link below each chart routing to a larger online view if necessary. The full gallery of chart images can be found here: http://langhamtrading.com/chart-gallery