Some Exciting Plans For 2003…
Trade is thin and narrow on this
Christmas Eve, although the S&P market is probing south of its hourly trend
supports. Early breaks of the 13-minute
support with the 1 & 3 as guides have led to a few short opportunities, albeit
with limited follow-through. At this end, I used the 11:15am ET three-minute
reversal to close any remaining short positions in order to shift my own focus
to some last-minute shopping. At a minimum, the 13-minute trendline can serve as
a trail on any morning short positions still open.
As we approach the end of the year, I wanted to briefly mention that we’re
gearing up for some very exciting plans for 2003 that will further enhance and
reinforce the methods discussed in the column and taught in the current
online and
video courses. Much of the positive feedback of the video and
mentor programs
has centered on the sharing of live trades as they occur using the methods. Many
of you know one of my pet peeves in this industry is the “smoke and mirrors” and
focus on the theoretical and conceptual rather than reality, which is why I
insisted on including a segment of unedited live trading in the latest video and
is why I share actual trade logs with my mentor students.
Along these lines, we’ll be working diligently to plan some virtual seminars and
consider some other mechanisms to in the spirit of continuing to develop trader
skills using actual trade sequences. If this idea appeals to you, feel free to
drop me an email at donm@tradingmarkets.com, which will help us gauge interest.
ES (S&P)Â Â Â Â Â
Tuesday December 24, 2002 11:40 A.M. ET       NQ
(Nasdaq)
Moving Avg Legend:
5MA
15MA 60-Min 15MA
See
School and
Video for Setups and Methodologies
Charts ©
2002 Quote LLC
From the Student
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I am trading real time with a simulated trading account. Yesterday I made
$625 using your methodology and their simulated trading platform …. what a
great way to practice without risking capital. –C.T.
I want to thank Don and TradingMarkets for the opportunity to be Don’s student
for the past four weeks. I have been trading the markets successfully for 30
years, but have reached a new level of consistency and profitability since I
experience hands-on training from Don. His tools helped me focus on the fact
that I was not taking profits as quickly as I should. I have Don the ultimate
compliment. “this is the best trading investment that I ever made”, and highly
recommend his tutorials and personalized training. –J.B.
Good Trading and Have a Joyous Christmas and Holiday Season!
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