Description
Pitbull Economics – Forex Trading Course | 19,4 GB
The Pitbull Economics Forex Trading Course + Daily Treasury Statement is a comprehensive trading program designed by Mike Norman, the founder of Pitbull Economics. This course offers an in-depth look into his proprietary trading system, which combines Market Composition, Modern Monetary Theory (MMT), and a strong focus on the Mental Game of trading.
Below is a breakdown of what the course promises, key highlights, and insights into the Daily Treasury Statement:
Forex Trading Course Overview:
This five-day course aims to teach Norman’s unique approach to forex trading, based on his experience and success. The strategy is designed to help traders identify market opportunities, minimize risks, and build long-term confidence.
Core Components of the Course:
- Market Composition:
This refers to understanding the positions and strategies of other traders, which can give you an edge by allowing you to predict market movements based on the actions of large institutional players. Essentially, the course promises to teach you how to “pick the pockets” of other traders by analyzing their positions. - Modern Monetary Theory (MMT):
MMT is a school of thought that emphasizes the government’s role in controlling money supply and fiscal policies. The course leverages MMT to help traders understand broader economic forces that influence currency markets. By understanding how the government and central banks manage money, traders can make more informed decisions about currency trades and market movements. - Mental Game:
Norman emphasizes that the mental aspect of trading is crucial to success. The course promises to teach you how to trade with confidence, manage stress, and avoid the emotional pitfalls that can lead to impulsive or irrational decisions. A large part of this involves risk management, but not through traditional methods like stop losses.
Key Lessons You Will Learn:
- Identify Other Traders’ Positions:
The course offers strategies for analyzing the market to discover what positions other traders have, giving you the ability to take advantage of these insights and profit from their moves. - Stress-Free Trading:
Through a focus on proper mindset and strategy, the course teaches you how to trade without stress, ensuring you remain calm and confident, regardless of market volatility. - Avoiding Arbitrary Stops:
One of the key selling points is the ability to trade without arbitrary stop-loss orders, a traditional method of risk management. Instead, the course provides alternative risk management techniques that are claimed to be more effective. - Buying and Selling at Highs and Lows:
The system is designed to help you accurately time your trades, aiming to buy at lows and sell at highs with precise accuracy. - Turning Losing Trades Into Winners:
Norman promises to teach techniques for managing losing trades effectively and turning them into profits, which can help minimize the impact of bad trades on your overall portfolio. - Using the Oanda Trading Platform:
The course includes a detailed tutorial on using Oanda, an online forex trading platform that Norman has been using for over 14 years. According to him, Oanda offers the best tools, resources, and spreads for traders.
Daily Treasury Statement Insights:
In addition to the trading course, the program offers a unique focus on the Daily Treasury Statement (DTS)—a detailed record of the U.S. government’s financial activities. This daily report provides critical insights into government spending, receipts, and balances that can be useful for traders and investors across all markets.
Key Insights from the DTS:
- Massive Government Transactions:
Norman highlights that the U.S. government paid back $99 trillion to investors last year, demonstrating how the U.S. Treasury is constantly managing vast sums of money, which could have major implications for the economy and markets. - Leading Economic Flows:
The DTS can show where government spending is strongest and where it’s lagging, offering clues about upcoming shifts in economic growth that may not be apparent in the GDP reports. - Comparison of Spending:
The course teaches how to compare different government expenditures—like how much more is spent on public debt interest than on social welfare programs like food stamps. This information can help you understand the economic priorities of the government and how they may impact the market. - Seasonal Stock Market Effects:
Insights from the DTS can help explain why certain seasonal effects, such as the “Sell in May and walk away” stock market adage, are so consistent and predictable. By analyzing patterns in government spending and tax refunds, traders can anticipate these effects before the general market does. - Economic Forecasting:
Norman claims that his in-depth analysis of the DTS has allowed him to create accurate economic forecasts and models for a wide range of asset classes, including stocks, currencies, commodities, and bonds.
Who Is This Course For?
The Pitbull Economics Forex Trading Course seems to be tailored for serious traders who are looking for a deep understanding of the macroeconomic forces at play in forex markets. It’s especially appealing for those who want to trade based on MMT principles and who are looking for a system that does not rely on traditional risk management techniques like stop-losses.
The course also seems suitable for traders who are interested in using the Daily Treasury Statement as a tool to predict economic trends and market movements. Those interested in technical platforms like Oanda will benefit from the detailed tutorials included.
Things to Consider:
While the course offers a promising system based on Norman’s past success, it’s essential to approach any forex trading strategy with caution. Forex markets can be highly volatile, and no system is foolproof. Additionally, traders should ensure that they are comfortable with the principles of MMT and the unique strategies Norman advocates, as they diverge from more conventional trading wisdom.
Conclusion:
The Pitbull Economics Forex Trading Course is a specialized program that combines a unique trading system with insights from the Daily Treasury Statement. The course is designed for traders who want to leverage macroeconomic knowledge to make more informed and confident trades, using a strategy that deviates from traditional forex risk management methods.
Homepage:
https://www.pitbulleconomics.com/special-offer-forex-course-videosHomepage2:
https://www.pitbulleconomics.com/daily-treasury-statement/
