Just for the record. I will always have kind words for GW, he offers a lot of solid information at a price that is affordable to most and without this I would not have started this journey that I truly am passionate about; wort's and all. He definitely had an influence in my life, as aggravating as his rhetoric was, it has and continues to be a very positive one. I took my first class in Septby Work In Progress - Trading Discussion
Not my business but I can't help myself and since TOS is down, probably due to the Schwab switch over, I have some free time on my schedule. StockTraderman007 - I'm not sure why you believe selling someone else's work to profit yourself is helping them? Also, if you are a seasoned trader you would understand there are unlimited ways to trade the market and you would not criticize someone eby Work In Progress - Trading Discussion
Grateful, looks like and interesting book I might add to my list. Thanks! Reading, a habit once remised by me, I honestly don’t believe I had read more than a dozen books cover to cover at the age of 43, but thanks to Gary Williams power of suggestion I made a commitment to read one book a month. Now I love to read and it’s true that knowledge is liberating. I have read most of Gary’by Work In Progress - Trading Discussion
mikeandy, you can take this as constructive criticism, or you can just lash back as you have already done to RichieRich and myself. I can at least say I sincerely had good intentions in the time and effort I made in my contribution to this thread; though based on your response to me it was perceived as derogatory and that was certainly not my intent. I am not sorry for good intentions; and I doby Work In Progress - Trading Discussion
mikeandy said: "While I know it was covered in the 90's, I just don't recall it in the sv1-3 or RTP. just wanted a refresher." IMHO, getting basic information on a signal of Gary's does not qualify as a refresher. To me it is like saying I took a carpentry class from Gary years ago, then asking someone what's the difference between a circular saw and reciprocating saw; when they anby Work In Progress - Trading Discussion
Welcome ncptech Just below the pivot low made on 5/16/18. I have found that an adverse reaction in the market can pull a stock down to retest a recent low or support area while the reason for getting into the trade is still sound; for this reason I go below a recent pivot point or other support area. After reviewing several trades I figured out that by adjusting the number of shares or contraby Work In Progress - Trading Discussion
You may have taken the perfect signal, SLI with additional supporting criteria, but other factors would affect whether I would have personally taken the trade, and of course it still might not work; that said, please understand this is not criticism but just observations I make before entering a trade. FYI I have taken everything that Gary has ever offered though I will not be referring to the mby Work In Progress - Trading Discussion
Since November 21, 2017 there have been huge opportunities to make easy money; so I am sure Trader made back his money, with dividends, in spades. The VIX is still low but has drifted higher on average over the last 5-6 days while the market went straight up, which I see as professionals possibly adding a little extra hedge to their positions. My current status: 4 positions total, all withby Work In Progress - Trading Discussion
Market momentum may push the indices higher before some type of pull back, but weeks ago I documented potential measured moves on my charts as follows; the DJI @ 23400, Nasdaq @ 6441 and 2579 on the S&P. As of the close Friday, we are closing in on all of these numbers; just be aware. I did close a very nice trade Thursday 10/19/17 on SAM that I entered 9/5/17. That said I am still inby Work In Progress - Trading Discussion
The VIX went below yesterday’s 20-year record this morning and volatility began to show up in the Nasdaq and S&P this afternoon. It always seems weird when you see something about to happen in the charts then it seems that something happens in the world to accommodate the chart. Hope nobody was surprised!by Work In Progress - Trading Discussion
Traders beware! The VIX hit a 20-year record low this morning which would be an extreme. The probability of a change is high, therefore higher volatility in the market is probability not far away and should not be a surprise. Depending on your level of skill in this craft, I would suggest you consider taking one of the following actions; getting out of the market with real money, decrease theby Work In Progress - Trading Discussion
Thanks Trader. Confirmed lower highs and made lower lows on the daily market charts today. I am a little surprised by the less than expected reaction in the VIX, but the market makers will be adding some cushion to the option pricing causing it to rise. There are never any absolutes in the market but the daily charts LH / LL confirmation usually leads to more short term down with increaseby Work In Progress - Trading Discussion
Trader - I agree with your last couple of post; backed by the fact I was in long trades that reflected your commentary, my long trade stops were hit this morning. Swing trading is almost impossible in the current market chop of the last couple of weeks, though I have been trading with some success using the inverse ETA, SPXU for the quick market pull backs and I stay with my watch list for my loby Work In Progress - Trading Discussion
As others have already expressed, I have enjoyed your analysis and thank you for taking the time to post it. With ten plus years of studying the market myself, I understand how unpredictable it can be, but we are in the business of making money on probabilities. BTW, I did read your 9/10/16 market post on your thoughts through late Oct. to early Nov., KUDOS on that one. I see the VIX hit a lby Work In Progress - Trading Discussion
Decided to post this, since the tread is still here. Writing it keeps me aware of my greatest weakness in trading and maybe someone will gleam something positive from it. About 6 years ago I personally attended a OTA Stock Trading Class in Charlotte, NC, Russ Allen was the instructor. I had a close friend who wanted to take the class but due to medical reasons he could not physically make theby Work In Progress - Trading Discussion
Just another opinion. MisterB I have been doing this every day for about the same time frame you mentioned since you took the original classes and unfortunately my first goal of mastering my emotions has not been obtained yet. I say this because when I print and review my trades I have done, some are done 100% correctly that result in a profit, or minor loss, while at other times I seem to gby Work In Progress - Trading Discussion
Kars, If you still have or can find your WSB Advanced Class workbook, pages 4 - 9 are specifically on Selling Calls Against Leaps. Complete with details of the Setup, Risk, a Generic Example and Worst Case Scenario. WIPby Work In Progress - Trading Discussion
I have been given a date of 8/20/15 for the next charting webinar, but registration has not started yet. If this is still the plan an email should be coming out real soon.by Work In Progress - Trading Discussion
Just email Brandi at: wsbrandic@gmail.com. She should get you accurately up to date with the cost and schedule of classes.by Work In Progress - Trading Discussion
mtut wrote: I only trade when all signals HAVE fired. I did not capture a screen shot at entry but scrolling back you can see the blue dots (indicated by white arrows). These dots indicate when a signal was true for that chart. I entered trade at 9:37 so you should see blue dots on all charts around that time. I ran OnDemand which is a great way to practice (hint), I used it to see mtut’sby Work In Progress - Trading Discussion
Does Gary advertise? NO! Somebody had to tell you about WSB or the Survival classes. So I have to believe that Gary’s being an occasional Prick, extremist, expressing his religious beliefs, a devout student of TFT and many other comments about the way Gary presents his material does not change the fact that we were all told about his class via word of mouth and probably by someone who actuaby Work In Progress - Trading Discussion