Mentor Mike’s S&P Emini Video Course and Live Trading Room Package consists of three distinct and inter-related elements. Each is designed to help you become a successful, self-sufficient day trader over a period of six months.
First, there are the eight video lessons that allow you to learn technical analysis and money management concepts and techniques at your own pace and schedule. Breeze over the familiar and repeat as needed the new or complex.
Next, apply what you have learned in real-time trading in the Trading Room. As the price moves between the daily HI-LO turning points and across the “trend-definer,” we look for alignments of the red, white and blue moving averages. After entry, we apply a “peeling off” strategy to our trades with the assistance of Ninja Trader’s Automated Trade Management function. Read the chat comments and questions of your fellow players and hear the mentor’s answers and rationales. Follow the mentor or take your own trades. Use demo mode or trade live. The choices are yours.
Then at the end of trading, move to the Education Room for an accelerated replay of the whole day’s market movement. Watch and hear a full “post mortem” on every trade. The mentor gives his interpretation of the signals and invites input from the room. With losing trades, we first ask, “How might we have filtered out the false signals?” If we agree that the entry signals appeared genuine, we next ask, “What would have been the best Damage Control strategy – exit or reversal? And, when should it have been applied?” Even the winners are thoroughly reviewed. Could the results have been improved by a quicker entry? Could we have avoided some “sweating” time by a later entry? You can contribute to the Room’s collective decisions, or just listen and observe. Again, the choice is yours.
We cannot guarantee your ultimate success. Only you can do that. But for the cost of an average 8-hour weekend seminar, Pacific Trading will provide you well over 650 hours of trading education and experience.
