How YTC Price Action Trader Can Help You Become a Better Trader - A Review by Lance Beggs
YTC Price Action Trading PDF 23: A Comprehensive Guide
If you are looking for a way to improve your trading skills and results, you might have heard of YTC Price Action Trader, a series of ebooks by Lance Beggs that teaches you how to trade the markets using price action analysis. But what exactly is YTC Price Action Trader? Who is Lance Beggs? And how can you access the ebooks? In this article, we will answer these questions and more, so that you can decide if YTC Price Action Trader is right for you.
ytc price action trading pdf 23
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What is YTC Price Action Trader?
YTC Price Action Trader is a comprehensive trading course that covers everything you need to know about trading the markets using price action. Price action is the study of how prices move and react to various factors, such as supply and demand, news events, emotions, etc. By understanding how prices behave, you can identify high-probability trading opportunities and execute them with confidence.
Price action trading does not rely on any indicators, formulas, or systems. Instead, it focuses on reading the raw price data on the charts and interpreting what it means in terms of market sentiment, structure, and trend. Price action traders use tools such as candlestick patterns, support and resistance levels, trend lines, channels, breakouts, pullbacks, etc., to analyze the market and find optimal entry and exit points.
Some examples of price action trading are shown below:
Chart
Description
This is a daily chart of EUR/USD. The price action trader would notice that the market is in a downtrend, as indicated by the lower highs and lower lows. The trader would also notice that there is a strong support level at around 1.1300, which has been tested several times. The trader would look for a bearish candlestick pattern or a breakout below the support level to enter a short trade.
This is a 15-minute chart of GBP/USD. The price action trader would notice that the market is in an uptrend, as indicated by the higher highs and higher lows. The trader would also notice that there is a rising trend line that acts as a dynamic support level. The trader would look for a bullish candlestick pattern or a pullback to the trend line to enter a long trade.
Price action trading has many benefits, such as:
It is simple and intuitive. You don't need to clutter your charts with indicators or calculations. You just need to observe the price movements and understand what they mean.
It is flexible and adaptable. You can apply price action trading to any market, timeframe, or style. You can trade stocks, forex, futures, options, etc. You can trade intraday, swing, or position. You can trade with the trend, against the trend, or in a range.
It is effective and profitable. Price action trading allows you to capture the essence of the market and exploit its inefficiencies. You can identify the best trading opportunities and avoid the noise and confusion.
However, price action trading also has some challenges, such as:
It requires a lot of practice and experience. You need to develop your skills and intuition to read the price action correctly and consistently. You need to learn from your mistakes and refine your methods.
It requires a lot of discipline and patience. You need to follow your trading plan and rules without hesitation or emotion. You need to wait for the right setups and signals without chasing or forcing trades.
It requires a lot of confidence and courage. You need to trust your analysis and execution without doubt or fear. You need to accept the risk and responsibility of your trades without blaming or regretting.
What are the main concepts of YTC Price Action Trader?
YTC Price Action Trader is a trading course that teaches you how to master price action trading in a systematic and comprehensive way. The course consists of six volumes of ebooks that cover the following topics:
The six principles of price movement. These are the fundamental concepts that explain how and why prices move in the markets. They are based on the interaction between buyers and sellers, and how they create imbalances in supply and demand.
The three stages of a trading session. These are the phases that every market goes through during a trading day. They are based on the changes in market sentiment, volatility, and liquidity.
The market structure and trend analysis. These are the techniques that help you identify the current state of the market and its direction. They are based on the patterns and relationships between price swings, such as higher highs, lower lows, etc.
The setup, trigger and entry techniques. These are the methods that help you find and enter high-probability trades using price action signals. They are based on the criteria and conditions that indicate a potential trade opportunity, such as candlestick patterns, breakouts, pullbacks, etc.
The trade management and exit strategies. These are the rules that help you manage and exit your trades effectively using price action clues. They are based on the objectives and outcomes that you want to achieve from your trades, such as risk-reward ratio, trailing stops, profit targets, etc.
The trader performance improvement process. This is the process that helps you improve your trading skills and results using feedback and review. It is based on the steps and actions that you need to take to analyze your performance, identify your strengths and weaknesses, and implement your improvements.
The course also includes hundreds of charts, examples, exercises, quizzes, checklists, templates, etc., to help you learn and apply the concepts in practice.
How to access the YTC Price Action Trader ebooks?
If you are interested in learning more about YTC Price Action Trader, you can access the ebooks by visiting this link: https://yourtradingcoach.com/course/ytcpriceactiontrader/. The ebooks are available for download in PDF format for a one-time payment of $197 USD.
The ebooks are divided into six volumes as follows:
Volume 1: Introduction
Volume 2: Markets & Market Analysis
Volume 3: Trading Strategy
Volume 4: Your Trading Business
Volume 5: Trader Development
Volume 6: Conclusion
The total number of pages is 590 (excluding front matter). The ebooks are written in English with clear and concise language. The ebooks are compatible with any device that can read PDF files.
In addition to the ebooks, you will also get access to some bonus materials and support services, such as:
A free copy of The Greatest Trading Book Ever! ebook by Lance Beggs
Conclusion
YTC Price Action Trader is a comprehensive trading course that teaches you how to trade the markets using price action analysis. It covers everything you need to know about price action trading, from the basic principles of price movement to the advanced techniques of trade management and exit strategies. It also provides you with a systematic and practical approach to improve your trading skills and results.
If you are looking for a simple, flexible, and effective way to trade the markets, YTC Price Action Trader might be the perfect solution for you. You can access the ebooks by visiting this link: https://yourtradingcoach.com/course/ytcpriceactiontrader/. The ebooks are available for download in PDF format for a one-time payment of $197 USD.
By reading and applying the concepts and methods in the ebooks, you will be able to master price action trading and achieve your trading goals. You will also be able to enjoy the benefits of trading with confidence, discipline, and patience.
So what are you waiting for? Grab your copy of YTC Price Action Trader today and start your journey to becoming a better trader!
FAQs
Here are some frequently asked questions about YTC Price Action Trader:
What is the difference between YTC Price Action Trader and other price action courses?
YTC Price Action Trader is different from other price action courses in several ways. First, it is based on the personal experience and insights of Lance Beggs, a professional trader who has been trading for over 20 years. Second, it is not just a collection of price action patterns or setups, but a complete trading system that covers every aspect of trading, from market analysis to trade execution. Third, it is not a one-size-fits-all method, but a flexible and adaptable framework that allows you to customize your trading style and preferences.
How long does it take to learn and apply the YTC Price Action Trader method?
The answer to this question depends on your current level of trading knowledge and experience, as well as your learning style and pace. However, as a general guideline, you can expect to spend at least a few weeks to read and understand the ebooks, and then another few months to practice and apply the method in live trading. Of course, learning is an ongoing process, and you will always find new things to learn and improve as you trade.
What markets and timeframes can I trade with YTC Price Action Trader?
You can trade any market and timeframe with YTC Price Action Trader, as long as there is sufficient liquidity and volatility. The method works best in markets that have clear trends and swings, such as forex, futures, stocks, etc. The method also works well in any timeframe, from 1-minute to daily charts. However, you should choose the market and timeframe that suit your personality, risk tolerance, and availability.
Do I need any special software or indicators to use YTC Price Action Trader?
No, you don't need any special software or indicators to use YTC Price Action Trader. All you need is a basic charting platform that can display candlestick charts and draw horizontal lines. You can use any platform that you are comfortable with, such as MetaTrader 4/5, TradingView, NinjaTrader, etc.
Can I get a refund if I am not satisfied with YTC Price Action Trader?
Yes, you can get a refund if you are not satisfied with YTC Price Action Trader. The course comes with a 30-day money-back guarantee. If you are not happy with the course for any reason, you can contact Lance Beggs at support@yourtradingcoach.com and request a full refund within 30 days of purchase. No questions asked.
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