David Bean – Cobra (aka Viper Crude)

Description

David Bean – Cobra (aka Viper Crude) download , David Bean – Cobra (aka Viper Crude) review , David Bean – Cobra (aka Viper Crude) free

David Bean – Cobra (aka Viper Crude)

Cobra (originally Viper with a name change on October 17, 2011) is a trend following day-trade strategy that trades stock index futures, euro currency, bonds, and crude oil. This original strategy was designed at the end of 2005 for stock index futures using market internals. A modified version also trades Bonds, Euro Currency, Crude Oil, and the SPY ETF.

I consider Cobra my flagship trading system based on the fact that it works so well over a broad range of markets with very little change in the trading system for the different market sectors. It trades the following markets: E-mini S&P, E-mini Russell, E-mini Midcap, Crude Oil, E-mini Crude Oil, Euro Currency futures and forex, 30 Year T-bonds, and the SPY ETF.

How does Cobra work? The details of the strategy are proprietary. In general, I combine my own pattern based entry technique as well as my own trend indicator. If the trend is up, then we take long trades if the long pattern setup is there. If the trend is down, then we take short trades if the short pattern setup is there. The goal is to trade the trend and get in before the trend accelerates but to also ensure that we have the trend correct. We are not looking to call tops and bottoms but could be described as a “middle trend finder” and to get a piece of the trend somewhere in the middle. It is a day trade strategy.

What is the history? When was it designed?

I designed the Cobra trading system in 2005 (originally called Viper) for the stock indexes with the creation of Cobra I stock indexes. In 2008, I decided to reduce the daily risk for traders looking to quantify daily risk within a system by limiting the system to one trade. I made the modification of limiting it to one trade in Cobra II and also added a profit target. Cobra and Cobra II have the same entry criteria.

In 2009, I added Cobra III which has a more selective entry criteria than Cobra I and Cobra II but like Cobra II, in that it has one entry per day and a profit target.

In 2008 and 2009 I also added other markets such as Crude Oil, Euro Currency futures and forex, and 30 Year Bonds.

The trend indicator for non stock index markets is different since the stock index market use New York Stock Exchange market internals such as $TICK, $ADV, $DECL, etc. This is the main difference. The trend indicator between non stock index markets is the same.

Frequently Asked Questions:

1. Innovative Business Model:
   • Embrace the reality of a genuine business! Our approach involves forming a group buy, where we collectively share the costs among members. Using these funds, we purchase sought-after courses from sale pages and make them accessible to individuals facing financial constraints. Despite potential reservations from the authors, our customers appreciate the affordability and accessibility we provide.
2. The Legal Landscape: Yes and No:
   • The legality of our operations falls into a gray area. While we lack explicit approval from the course authors for resale, there’s a technicality at play. When procuring the course, the author didn’t specify any restrictions on resale. This legal nuance presents both an opportunity for us and a boon for those seeking budget-friendly access.
3. Quality Assurance: Unveiling the Real Deal:
   • Delving into the heart of the matter – quality. Acquiring the course directly from the sale page ensures that all documents and materials are identical to those obtained through conventional means. However, our differentiator lies in going beyond personal study; we take an extra step by reselling. It’s important to note that we are not the official course providers, meaning certain premium services aren’t included in our package:
     • No coaching calls or scheduled sessions with the author.
     • No access to the author’s private Facebook group or web portal.
     • No entry to the author’s exclusive membership forum.
     • No direct email support from the author or their team.

   We operate independently, aiming to bridge the affordability gap without the additional services offered by official course channels. Your understanding of our unique approach is greatly appreciated.

Refund is acceptable:

• Firstly, item is not as explained
• Secondly, Item do not work the way it should.
• Thirdly, and most importantly, support extension can not be used.

Thank you for choosing us! We’re so happy that you feel comfortable enough with us to forward your business here.