In addition to providing some of the best trading tools for active traders, we strive to continually engage our users with useful, educational content that helps them become more efficient and effective in their professional lives. As part of this effort, we invited Greg Capra of MasterTrader.com to host a webinar based on his innovative trading concepts.
Over the past 30 years, Mr. Capra has served as a luminary for swing and day traders. For the last 23 years, he has shared his trading strategies and revelations with traders as an educator in the industry. He continues to offer trading insights and lessons through MasterTrader.com.
His session, titled “Trading the 5-Minute Time Frame with Precision,” aims to encourage simplicity and clarity in trading strategies. Through his presentation, Mr. Capra sought to provide a few foundational concepts that form Master Trader Technical Strategies (MTS) in a direct and pragmatic manner. The webinar can be viewed in full here.
Mr. Capra commenced the webinar by discussing what he considers to be the essential components of successful technical investing and trading.
Beyond these foundations, Mr. Capra discussed the importance of pattern recognition. Although traders should be careful not to fixate on finding exact matches for textbook patterns, facility with these models greatly aids trend analysis.
Mr. Capra especially focused on the concept of the void, which he formulated himself over the course of his career. When prices move rapidly, seemingly without any support or resistance, the potential exists for dramatic price movement back in the opposite direction after an indeterminate amount of time. The latter movement seemingly pays little heed to previous areas of support or resistance. Through the analysis of moving averages over multiple time frames, traders may be able to assess the volatility of such stocks in such a way as to predict this movement with a high degree of success.
At the end of the webinar, Mr. Capra took questions from participants and described the informative courses available on his site. MasterTrader.com provides both free and paid content that aims to provide traders with valuable lessons and resources to help strengthen their knowledge and expand their repertoire of trading strategies.
Whether you’re a veteran trader or just getting started, Lightspeed offers some of the lowest trading fees in the industry to help you maximize your profits in your chosen strategy. To learn more about our trading tools or to try a demo, call us at 1.888.577.3123.
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