Austin, TX / ACCESSWIRE / October 16, 2014 / Austin-based company Rockwell Trading announced a 9-week personal coaching program for new and experienced day traders. The program is designed to move investors beyond basic trading strategies through the development of a comprehensive trading plan tailored to individual risk and money management strategies and prevailing market conditions.
Founder Markus Heitkoetter said Rockwell's coaching program addresses the disconnect between investors' goals and the strategies and methods they use in pursuit of those goals. It provides more intensive training than the company's one-time courses on day trading, which focus on specific strategies. "Knowing different strategies is a starting point, but investors need to combine that knowledge with a fully developed plan for when and how to apply them under live market conditions," he said.
Heitkoetter added that even those who have developed full trading plans sometimes fail in the market, not because the plan is flawed but because they deviate from it too quickly. "Often traders make the mistake of developing a solid trading plan only to abandon it in favor of emotional reactions to the market. They lack the discipline to follow their plan, in part because they do not have the confidence needed to understand how their trading strategies are designed to work over the long term and under different market conditions. That's why our program also focuses on giving investors the confidence to apply the strategies in their plan consistently. Disciplined investing is critical."
The coaching program starts with the basics of developing the trading plan, which outlines when to enter and exit a trade and when to stay out of the market. It specifies the markets and time frames in which to trade and defines the risk and money management strategies to be used. "A trading plan is an essential blueprint," said Heitkoetter. "By its nature, trading is a high risk activity, and traders who do not have a solid plan are taking an even greater risk when they enter the markets."
Heitkoetter said Rockwell's coaching program is designed for both beginning traders and those whose strategies are not producing the desired outcomes. "It is not a program promising huge returns or no risk investment strategies," he said. "Investors should be more than wary of anything that does. This is a proven method for making sound decisions under different market conditions, making decisions consistently based on the individualized plan, and improving overall return within the context of each investor's acceptable risk management zone."
About Rockwell Trading Services, LLC
Rockwell Trading Services, LLC is based in Austin, Texas. It was founded in 2005 by Markus Heitkoetter with the goal of simplifying the complex process of trading and helping clients achieve their investment goals. Rockwell provides courses focused on trading strategies aligned to different market conditions as well as a comprehensive 9-week coaching program. For more information, see Markus Heitkoetter last press release or visit Rockwell Trading.
Contact
Markus Heitkoetter
Rockwell Trading Services LLC
Frost Bank Tower
401 Congress Avenue, Suite 1540
Austin, TX 78701
[email protected]
(512) 553-0835
SOURCE: Rockwell Trading Services LLC