Thanks Avery, I will start with the Anthony Robbins stuff on Monday. I will be busy on Sunday watching the Philadelphia Eagles lose. GOOG was amazing, lots of easy trades. It would have been hard to screw those trades up! I used the trapline method on those trades.
In order to avoid so many PM's and repitition of replies, here are the tools I use every single day to make good money. None of these alone will make you a great trader. I am not a great trader. However, by using these tools, and staring at the screen long enough, every single day, my profits really started compounding----fast.
1) My broker is
www.directaccesselite.com . This is just a personal choice. They are very cheap, very fast, and very reliable. It is simple to use, so that even I cannot screw it up, and that is saying something! It was recommened by Dr. Mel Raiman of PTS, and I have no complaints thus far.
2) I use PTS,
www.precisiontradingsystem.com , for my charting. You have never seen charts like this before. I would highly recommend that you sign up for their free two stock picks each week. They are totally free, and they won't bug you, or try to sell you stuff. The picks speak for themselves. I paid my entire airfare, hotel, and PTS course, all expenses, just by trading those free picks for two weeks. I have opened a Trade Station account. I have not been able to figure it out yet, but my appointment with the tech rep is 11/1, so I am hopeful. If I like TS, and trading with candles, and their exceution, etc. I will probably close the DAE account, and just use TS. The good thing is that TS will also run PTS charts if I decide to keep using them, as will e-signal, as will DAE, my current broker. Unless you do not like candles for some reason, just learn them. With Avery's methods, I think that would be the sensible choice. I know PTS from screen time, that is the only reason I use it.
3) I highly recommend this free e-book by Avery.
www.daytradeformoney.com/fade-the-gap , I continue to use this every single day to make .12-.15 cents on AAPL, or RIMM, or .50 cents on GOOG. It works on many stocks like SHLD, WYNN, and BIDU. I have even used it on AMLN. I was short AMLN one day while scalping, and was up about .30 cents. They announced that AMLN was being added to some Russell index, and the stock spiked up huge! I lost big money, really fast, before I could get out. It is never a good idea to revenge trade, but I have been pissed off at AMLN ever since then! I have gotten back most of my money on this stock by using the above method. Follow the rules exactly as Avery explains them. I have only lost good money once. AAPL was upgraded that moring and I did not know it. I was short, and AAPL spiked up fast, I took a nice loss. Now I check my stocks every moring for news, upgrades, downgrades, etc. I simply will not trade these stocks that day. Example: AAPL announced earnings (I believe it was Monday). I did not fade the gap on AAPL that day. As it was, the fade would have worked well, I just chose to avoid it. I faded RIMM, because Microsoft had just announced cell phone software that will compete with RIMM. It was the logical choice
4) Avery's buy zone metod. I use it every single day. It works and is simple to use. No explanation needed, plenty of posts here already about that.
5)
www.daytradeformoney.com/averysupermethod.html , this is the "trapline" e-book by Avery. I paid for the book twice over the very next day after getting it. It is the easiest and best trading strategy I have ever personally seen. It is easier to use then any of the above methods, in my opinion. For me personally, it is more profitable also. It has become my favorite method to date. Even if you are a bonehead, it would be hard to screw this up. I only wish that I had gotten it sooner.
Any other questions, please post them here. I am not an expert, or particularly great trader. I just use simple tools that are easy for me to understand and execute. It has made a massive difference to me. Hope that helps.
