Mastering the Trade

John Carter

John Carter

Founder of Simpler Trading®

John's trading strategy combines expert technical analysis with an overall macro, fundamental view. John is the trading expert everyone turns to when the markets go awry.

Table of Contents

Ch. 2 - Psychology 101

Ch. 3 - Market Ebbs

Ch. 4.1 - Options 101

Ch. 4.2 - Options Trade Alerts

Ch. 4.3 - Platforms

Ch. 5 - Market Internals

Ch. 7 - Part 2 Opening Gap

Ch. 8 - Pivots

Ch. 9 - Tick Fades

Ch. 10 - Reverting Back to the Mean

Ch. 11 - The Squeeze

Ch. 12 - Catching the Wave

Ch. 13 - TTM Trend

Ch. 14 - Scalper Alerts

Ch. 15 - Brick Plays

Ch. 16 - 3:52 Play

Ch. 17 - HOLP and LOHP

Ch. 18 - Propulsion Plays

Ch. 20 - Gold

Ch. 24 - Mastering the Trade

Ch. 26 - Book

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Ch. 2 - Psychology 101

Well done! You’ve just finished the most important part of the book for any discretionary trader. Here John expands on how as a discretionary trader, if you get the psychology right, you can beat the mechanics every time. Remember whether it be a losing day or a winning day -- psychology will always come into play.

Ch. 3 - Market Ebbs

Well done! You’ve finished the chapter on how to read market internals via live data. John uses this video to explain through data that when you get a market day with consistently low $TICK readings, you should use the pop ups as opportunities to fade out. Remember $TICKs can tell you when it’s safe to buy pullbacks in an upward trending market.

Ch. 4.1 - Options 101

Well done! You’ve finished the chapter on how to read market internals via live data. John uses this video to explain through data that when you get a market day with consistently low $TICK readings, you should use the pop ups as opportunities to fade out. Remember $TICKs can tell you when it’s safe to buy pullbacks in an upward trending market.

Ch. 4.2 - Options Trade Alerts

Well done! You’ve finished the chapter on how to read market internals via live data. John uses this video to explain through data that when you get a market day with consistently low $TICK readings, you should use the pop ups as opportunities to fade out. Remember $TICKs can tell you when it’s safe to buy pullbacks in an upward trending market.

Ch. 4.3 - Platforms

Well done! You’ve just finished the most important part of the book for any discretionary trader. Here John expands on how as a discretionary trader, if you get the psychology right, you can beat the mechanics every time. Remember whether it be a losing day or a winning day -- psychology will always come into play.

Ch. 5 - Market Internals

Well done! You’ve finished the chapter on how to read market internals via live data. John uses this video to explain through data that when you get a market day with consistently low $TICK readings, you should use the pop ups as opportunities to fade out. Remember $TICKs can tell you when it’s safe to buy pullbacks in an upward trending market.

Ch. 7 - Part 2 Opening Gap

As you wrap up this chapter about everything gaps, John answers several common questions, like pre-market volume. With pre-market volume when there’s a gap down, you can use that knowledge to understand whether or not to buy -- you can see this in the above video.

Ch. 8 - Pivots

As you wrap up this chapter about everything, gaps, John answers several common questions, like pre-market volume. With pre-market volume when there’s a gap down, you can use that knowledge to understand whether or not to buy – you can see this in the above video.

Ch. 9 - Tick Fades

This chapter is so important because now you know how to read $TICKs, why they’re important, and what they mean for buying and selling. John shows you in the above video an example of a day where if you watch nothing else on your chart -- watch the $TICKs (to solidify their importance).

Ch. 10 - Reverting Back to the Mean

Now that you’ve finished this chapter, you read a basic overview of “reversion to the mean”. This video elaborates on this by showing you an example of why if there’s a squeeze, you won’t do a reversion to the mean. But when the squeeze is over, John will add an RSI, and it’s time to play a reversion to the mean.

Ch. 11 - The Squeeze

Congrats on finishing this chapter all about John’s go-to indicator! There are essentially three types of indicators: trending, oscillators, and volatility-based indicators. The Squeeze is a volatility-based indicator that tells you when the market is switching from a trending market to oscillating and visa versa. You can pick up the Squeeze HERE.

Ch. 12 - Catching the Wave

Now that you’ve finished both the chapter prior on the Squeeze Indicator and now this chapter on the Waves Indicator, give yourself a pat on the back! John elaborates in the video above on how to combine both the Squeeze and Wave. If you haven’t already, go HERE to get the ABC Waves Indicator for Tradestation.

Ch. 13 - TTM Trend

You just got done reading all about the TTM Trend Indicator, so follow up with this video where John shows you all about the indicator -- and how he uses it mainly for exits and not entries. Grab your own Trend Indicator HERE so you can better time your exits too!

Ch. 14 - Scalper Alerts

Congrats on continuing to tackle another chapter on indicators! As you know, the Scalper is perfect for when you get a market that flushes, and it’s FREE on ThinkorSwim. If you want an indicator with more bells and whistles, or if you don’t use TOS, check out the Layup Indicator HERE. It works similarly.

Ch. 15 - Brick Plays

As you continue to move through the indicator portion of Mastering the Trade, don’t forget about older indicators -- like the Bricks. It’s incredibly useful for catching trend reversal, and John definitely still uses it as an indicator. Remember every indicator has value given certain market conditions!

Ch. 16 - 3:52 Play

Now that you’ve finished the chapter on the 3:52 Play, watch this video above. John explains why, in hindsight, it was difficult to include this chapter in the book. He also takes the time to show you how it actually works.

Ch. 17 - HOLP and LOHP

Congratulations you’re almost to Chapter 20! Now you know that many of these tools, like HOLP and LOHP, are best used with other tools. You can use them alone, but they’re much stronger together. Try pairing the HOLP/LOHP Indicator HERE with some of your other favorites -- like the Box Play from the previous chapter.

Ch. 18 - Propulsion Plays

Well done! Now you know one of John's favorite plays out there! It's a very clean setup and works really well in conjunction with other indicators... and it's FREE.

Ch. 20 - Gold

Ch. 24 - Mastering the Trade

Well done! You’ve finished the chapter on how to read market internals via live data. John uses this video to explain through data that when you get a market day with consistently low $TICK readings, you should use the pop ups as opportunities to fade out. Remember $TICKs can tell you when it’s safe to buy pullbacks in an upward trending market.

Ch. 26 - Book

Well done! You’ve just finished the most important part of the book for any discretionary trader. Here John expands on how as a discretionary trader, if you get the psychology right, you can beat the mechanics every time. Remember whether it be a losing day or a winning day -- psychology will always come into play.

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