BetterTrades coach Ryan Litchfield brings a very diverse background to the table. A former high school track star, Ryan enjoys playing musical instruments, singing, snow skiing and fast cars. He jokes that if it has an engine, he's interested. Ryan is also a black belt in the martial art form of Akido and was formerly a luxury home builder in the Pacific Northwest. Somehow he manages to meld all these experiences into his teaching style when he brings information to BetterTrades students who want to make money in the stock market.
Ryan Litchfield believes in helping students become profitable traders by showing them how to remove emotions from their trades. When a trader is emotionally involved with a trade or enters a trade without an emotion-free plan, they run the risk of making a poor decision when the market begins to move in the wrong direction. Ryan likes to say that trading is counter-intuitive, meaning a trader must often perform moves that run contrary to logic. He equates it to a pilot's need to learn the appropriate time to allow their aircraft to leave the ground; if it takes off too soon it will crash.
Known as "The Mind Coach," Ryan Litchfield helps students by walking them through a series of "if-then" scenarios in order to set up bracket trades. Ryan establishes a target for an upside trade and a target for a downside trade, which enables the trader to have specific parameters regardless of the market direction. Ryan teaches these methods that can be quite profitable and puts students through a simulator that leaves them with the equivalent of ten months of stock market experience.
Ryan also teaches the moves and countermoves needed to profit in the market, the power that comes with the ability to interpret candlesticks, and how to find the most profitable patterns, entries and exits for trading.
A voice of experience withcandlestick charts, Ryan is co-author of the book "Candlestick Charting Explained." He researched more than 14 million days worth of candlesticks while doing the research for the book.