Who do the stock market advisiors turn to when they are looking for advice? It none other than the creator of the under ground stock market trading system The Decision Bar Trader, Les Schwartz. This is my all time favorite method of trading.
The Decision Bar Trader created by Les Schwartz is a very simple to use yet highly effective piece of software for trading just about every kind of market. Raw beginners can use the Decision Bar Trader and become successful in short order.
Les has been trading since 1988 and really knows his stuff. Les’ theory is everything comes down to price. You can only make money by buying lower than you sell. (Or, if you’re selling short, selling higher than you buy.) Les has built his system to take advantage of the natural entry points for almost any trading instrument. His method make perfect sense.
If you are looking for a simple yet effective method of trading, the Decision Bar Trader may be for you. There is a warning I can give you. Because it is very easy to use you may be inclined to not follow the system as Les teaches and go off on a tangent. Follow the Decision Bar Trader signals and you’ll obtain better results than you’ve ever experienced. With the Decision Bar Trader you can trade long term, short term, (day trade), swing trade, and even trade options effectively.
Learning the Decision Bar Trader signals, entry and exit points is a breeze. You can expect to actually use the system the day as you receive the software and training manual.
Les is so sure that the Decision Bar Trader will work for you that he offers a 30 money back guarantee. As mentioned previously, Decision Bar Trader is applicable to all types of trading instruments which includes the Forex markets, stocks, and commodity futures.
As a review, Decision Bar Trader is effective for short term traders, long term traders, and even those of you that trade options.
One thing that you need to be aware of is that Decision Bar Trader requires that you use a live data source if you plan on day trading. Les advises traders to use real time data even if you are a longer term trader. Of course the final decision is yours. You are given sources of real time data that offer a free 30 trail so you can check out the system.
The decision to pass on a trade or make a trade is left up to you. This is not a “black box” system and you will need to think for yourself before entering a trade. However, your decision should be very as you become familiar with the way the system works.
There is a low monthly fee associated with the system, however it’s well worth it if you are a somewhat active trader. Bottom Line:
You really have nothing to lose by giving Decision Bar Trader a try because on the month long, no cost trial. Paper trade and see for yourself. Les Schwartz and Decision Bar trader are the cream of the crop in the sea of market gurus.
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* For an example where payoffs are costs please see:
Decision Making Without Probabilities Part 1.
This brief video explains the components of the Payoff Table and the systematic approaches involved in making decisions under uncertainty:
Maximin (Pessimistic or Conservative)
Decision Analysis 1.1 (Costs): Maximax, Maximin, Minimax Regret
Decision Analysis 2.1: Equally Likely (Laplace) and Realism (Hurwicz)
Decision Analysis 2: EMV & EVPI – Expected Value & Perfect Information
Decision Analysis 3: Decision Trees 1
Decision Analysis 4: EVSI – Expected Value of Sample Information
Decision Analysis 5: Posterior Probability Calculations
Decision Analysis 1: Maximax, Maximin, Minimax Regret