jwhtrades

Anyone have any experience, good or bad with The Target Trader LLC "T3" training program? I attended a webinar yesterday sponsored by AMP and would like any feedback you care to share. Thanks,

Sorry to display my ignorance but I use NinjaTrader and am a bit confused when you say 30 tick range bars. I can use a tick chart with a setting of 30 or a range chart with a setting of 30. Could you clarify for my sake, Thanks, jwhtrades QUOTE=phantom;124453]I've found good success in CL trading 30 tic range bars consolidation breakouts with a 20sma trend filter. (Thus, I don't ever add to a loser). Risk per trade is $320 but very easy to get profitable in this environment. Check it out! Luv, Phantom

Phantom, it seems to me the value of a hammer is at the bottom of a trend. Your example is showing the hammer as the prices are rolling over to the downside. A hammer, by definintion (Nison) would occur at the end of trend to qualify as a hammer. Even then, it would need confirmation to be of any value.

Iris, I want to thank you for your post here and the others that you've made. I'm 10 months into my education on stocks/options and now daytrading futures. I'm passionate about learning to trade spending up to 10 hours a day 7 days a week for the most part. I know that sounds excessive, even obsessive but for me this is like a foreign language and the immersion approach seems to be what I need. Your advice on trading in general and futures in particular is very valuable to me. I have just started trading last week with the Mirus/NT platform and am working through the 6E, CL, GC, NQ, TF. I'm sim trading and have had some success and experimented with horrible results. I purchased the boomerang indicator, risk manager combo from IW and have been using their trailing stop. I have noticed good results but nothing that JohnnyCakes talks about. I don't have his background or penchant for translating economic news into entries and exits so I'm following the system I mentioned above. I have learned that you are totally correct when you talk about "what the market gives you" and that not every day brings a nice large, easy to follow trend. Thanks again for your wisdom and sharing with "newbies" like me. jwhtrades

I am probably not the one to give advice as I'm 8 months into my trading education and new career. May I suggest a couple things, 1) take some time out, get away from trading, not for good but for a period of time that will allow you to reflect, 2) consider getting some professional coaching. Perhaps having someone looking over your shoulder providing immediate feedback on your strategies, trading techniques, entries, exits, etc. would help. In addition, commit to writing down your trading strategy(ies) and keep a trading journal. There is "power in the telling." By that I mean, that when you take the time to write down your trades, the why, how, when, and your emotions before and after, you'll get in touch with "you." Again, take this for what it's worth and what it cost you, nada mas. All the best, jwhtrades

Hi javakitty, I went through all the videos. I can't justify paying someone I've never heard of $1,997 for his training course. It might be well worth it but without any background investigation I'm reluctant to invest. I'm currently taking the free training mentioned in another thread from Newsletter Sites and More for free. not an endorsement just what I'm doing. I'm also enrolled in the InvestView training and it's pretty good but will cost you $99 per month after the 10 day look see that costs you $9.95. I guess at this point my feeling is to keep investing in another options trading course is like buying another set of golf clubs hoping will improve your game. I need dedicated time to digest what I've got so far and then lots of practice with my virtual account on select option strategies that I can relate to to prove to myself that options trading is for me. Again, I'm not endorsing any of the above but the 21st century site is free and has great detail. You have to put in the time, takes lots of notes and master those modules and exams. For what it's worth, jwhtrades

Hello, Wondering if anyone has heard of, or had experience with "Doc Severson" OptionsMD. He's offering his options trading course for $1,997. Seems a bit steep to me and I can't find any reference to him anywhere. He's associated with Trading Concepts, Todd Mitchel who I also don't know. Appreciate any feedback. jwhtrades

I posted a reply several weeks ago but it apparently did not make the cut. Let me strongly suggest you use Replay Video Capture from Applian software. I use this to record all streaming video, especially the webinars and classes I take. It's about $79 for the entire suite and the video is available immediately, it does NOT require rendering. Camtasia is fine for those who want to go through the learning curve and lengthy rendering process but the Applican product is the best I've found. It's cheap and it works great with NO rendering. jwhtrades