There are some legal issues with calling trades that prevent us from doing so really. I’m am not licensed to do that, and while there are probably some ways around it, I prefer to be honest and legal in my business dealings, so for that reason, we are not doing any of that at the moment.
Mack
No, no live trading or trading room. The member section simply has additional video lessons that compliment the price action manual. It’s not necessary, but it helps and the feedback on the membership has been good.
We assume you know and understand trading basics. In other words, you know what a chart is, you know that you can sell and buy back later, or buy and sell back later, meaning you don’t just buy and then sell like most do with stocks. Read up on some basics of futures, but price action works for stocks too. It is just easier to day trade futures than stocks for several reasons that I do not have enough room to go into it here.
Nate
Right. I understand the basic principles behind why futures make sense due to things such as PDT doesn’t apply and capitalizing on short squeezes. I’ve just never personally executed any trades like that. I’ve been practicing paper trading, though, and while I do okay, I think your manual would probably help me understand and develop more my intuition. Still, I am a relative novice so I wanted to make sure I wasn’t completely missing anything first. Let me know if you do have any further thoughts, and if not, then thanks for all your help!
Mack
We are simply trading the chart based on what prices tell us. We do not listen to the news or pay any attention to anything other than the chart. The chart will tell you where prices are likely going if you understand the language. It’s like learning any non native language and becoming fluent in it. It is difficult, time consuming, takes hard work and requires immersion into the culture. Trading works just like that. Until you become fluent, you will always be somewhere between a slight disadvantage to a huge disadvantage depending on how well you understand the chart language.
Nate
Last comment I’ll leave since I don’t want to take up too much space here or time, but I find your quick and honest responses not geared at all towards selling but simply informing really awesome. I will probably pull the trigger here soon. Finals week is in a few days which is unfortunate because I can feel this kind of really calling me. As someone who has spent the past 5 years picking up the language of programming, it’ll be nice to experience that strong progression from noobie status to pro again. I mean hopefully hah. Having you to consult and your daily videos will surely be a great service in aiding my journey, though. Glad to have somehow stumbled upon all this.
There are some legal issues with calling trades that prevent us from doing so really. I’m am not licensed to do that, and while there are probably some ways around it, I prefer to be honest and legal in my business dealings, so for that reason, we are not doing any of that at the moment.
No, no live trading or trading room. The member section simply has additional video lessons that compliment the price action manual. It’s not necessary, but it helps and the feedback on the membership has been good.
Nyc
We assume you know and understand trading basics. In other words, you know what a chart is, you know that you can sell and buy back later, or buy and sell back later, meaning you don’t just buy and then sell like most do with stocks. Read up on some basics of futures, but price action works for stocks too. It is just easier to day trade futures than stocks for several reasons that I do not have enough room to go into it here.
Right. I understand the basic principles behind why futures make sense due to things such as PDT doesn’t apply and capitalizing on short squeezes. I’ve just never personally executed any trades like that. I’ve been practicing paper trading, though, and while I do okay, I think your manual would probably help me understand and develop more my intuition. Still, I am a relative novice so I wanted to make sure I wasn’t completely missing anything first. Let me know if you do have any further thoughts, and if not, then thanks for all your help!
We are simply trading the chart based on what prices tell us. We do not listen to the news or pay any attention to anything other than the chart. The chart will tell you where prices are likely going if you understand the language. It’s like learning any non native language and becoming fluent in it. It is difficult, time consuming, takes hard work and requires immersion into the culture. Trading works just like that. Until you become fluent, you will always be somewhere between a slight disadvantage to a huge disadvantage depending on how well you understand the chart language.
Last comment I’ll leave since I don’t want to take up too much space here or time, but I find your quick and honest responses not geared at all towards selling but simply informing really awesome. I will probably pull the trigger here soon. Finals week is in a few days which is unfortunate because I can feel this kind of really calling me. As someone who has spent the past 5 years picking up the language of programming, it’ll be nice to experience that strong progression from noobie status to pro again. I mean hopefully hah. Having you to consult and your daily videos will surely be a great service in aiding my journey, though. Glad to have somehow stumbled upon all this.