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Some member feedback

As the timeline has quieted down, I just wanted to post a few thoughts. I was first introduced to EG at a Joe Fahmy NYC presentation back in 2012.

 Had no clue who this "stockbee' guy was but people were buzzing about him that were in the know(pun intended). I joined the site soon after. 

It's been very interesting watching EG's progression over the years with the website and especially where we are these last few years. I hope that people on here truly appreciate what he is teaching and giving us for the minimal amount we pay. Its a tough slog but he does it daily! 

Boot camps are good but these zoom calls of late have been so good it's scary. I'm on as many as I can make even though I have 20 years of market experience. I always find a nugget of wisdom regardless of the topic. 

There are many out there that charge BIG $$$ for what EG gives us. I would say without a doubt his material surpasses anything that others charge thousands of dollars for via seminars, chat rooms etc! I've dabbled with most of them more out of curiosity, so trust me on this. 

Anyways, sorry for the long blurb, but just wanted to say a big thanks to Pradeep for doing what he does.....

Larry

Pradeep, today's morning Webinar on Mental Training was really FANTASTIC. Thank you for doing it. It is so refreshing and helps to take away the cobwebs in your head. Tells you what to focus on and more importantly how to focus on important things. 

I have mentioned it before, you daily webinar are also very good. 

Just wanted to thank you. 

Venky


Yesterdays newsletter

Posted on 1/30/2020


01/29/2020





Bootcamp: April 4 and April 5 in New Brunswick NJ $589 per head for confirmation and payment by February 15 th. $789 per head after that.Email: easyguru@gmail.com


Zoom Meeting Registration URL For Jan 30 : How to grow your 401k
Step by step details to grow your 401k aggressively with several examples. 2 hours
https://zoom.us/meeting/( for members only)


Situational Awareness:

Bounce ran in to selling. Based on stocks showing up in 4% , $ b/d, LTB, and Weak Structure scan , it is clear we are likely to have more selling.

SOXL TQQQ TNA SPXL LABU all are on my short watchlist to establish short for possible swing. A 5% correction in index would mean around 15% moves in them to downside. Some like SOXL are very volatile .

As of now not heavily focused on anticipation, or long unless it has A grade setup or big catalyst. Will look at selective reversal candidates once market corrects more. 

Main focus is shorts, earnings moves, 9 million plus b/o, and intraday moves.


Daily Money makers for tomorrow : AAPL BYND TSLA TNDM SOXL TQQQ 

Long Ideas: No A grade long or must buy long . some other decent b/o DXCM
PAR
SDC
KRNT
GORO
Long Anticipation:ULTA
Short Ideas: SOXL TNA SPXL RRC EQT AM CLR COG VIAC CVS CVX DO EOG PTEN NOV WTI LNG DK CXO ARWR REZI GLOG REAL GBT
Short Anticipation: TQQQ VFC NKTR 
Weekend warrior Long  
Weekend Warrior Short

401 k:Cash 1/22/20

Member Feedback

Hi Pradeep, 

Really enjoying your newsletters and videos - because I am Australian, I examined your 4% BO on all Australian stocks going back 20 years. It's just as you say - the 4% BO is highly effective in capturing most major swing moves, and 4% moves can work from just about any position. 

Paying attention to the set up can really improve results. It's nice to see the system works on markets outside of the US.


Thanks again Pradeep - you give so much to the members and it's really appreciated. 

I plan to join one of your boot camps at a future date. 

Best wishes, 

Stewart

Stockbee Swing Trading Bootcamp April 4 and 5 , 2020

Posted on 1/27/2020

Only 2 seats available now 


Stockbee Swing Trading Bootcamp

 April 4 and 5 , 2020 

Rutgers Inn New Brunswick NJ 


Bootcamp Agenda

Saturday and Sunday

Saturday

8:30 to 10.30 Extracting money out of market using breakouts 9 4 $ LTB
10.30 to 11 Break
11 to 12 How to improve win rates in breakouts
12 to 1 Lunch break
1 to 2.30 Adapting breakouts for working people
2.30 to 3 break
3 to 4 Breakouts with catalyst.

Sunday

8:30 am to 10.30 Extracting money out of market using anticipation reversals and Top 25 stocks
10.30 to 11 Break
11 to 12 How to enter and exit anticipation for maximum profits
12 to 12.30 Lunch break
12.30 to 2 Developing bullet proof process to Double Money using breakouts and anticipation. Developing traders mindset.



$589 per head for confirmation and payment by February 15th
$789 per head after that.

How to build your own trading method




If you want to make money trading then you have to develop an edge. You have to find things that work in market and build your trading methods around that structural tendency.

That kind of process requires good understanding of how markets operate and what works and why. If you base your methods on structural tendency of the market then you are likely to be profitable.

What makes some of this process difficult is that you have to figure out everything for yourself. There are many resources you can tap but ultimately the responsibility of making it work is your own.

You have to figure out how markets work on different timeframes and why. You have to figure out how different types of stocks behave over their lifetime. You have to figure out how IPO behave. You have to figure out how value and growth stocks behave. You have to figure out how momentum stocks behave. You have to figure out what factors drive stock returns.

You need to figure out how overall market direction affects the growth, value, and momentum stocks and how to adjust your style.

You have to figure out how to manage risk. You need to figure out how to determine safe periods for your strategy and how to avoid unsafe periods.You have to figure out how to control per trade risk as well as overall risk so that your drawdowns remain very low and you can quickly recover from any setbacks.

You have to design your own method, devise your own rules and have enough confidence to trust your own method.

Unless you start your career in a big bracket investment bank or in a hedge fund, this is the reality of trading success. All individual traders who are profitable over the years have done this and each one has taken a different route to get there and has spent different time frame to arrive at profitability.

Moses is not going to give you 10 commandments on how to trade, perfectly wrapped in a gift box.

The ability to learn trading on your own is going to determine your success. Some people persist at it for years and then they find success. Some try it for a few days or months and that is the end of it.

Even if you find a ready made profitable strategy you may not find success with it till you customise it for your own needs and beliefs and personality.

So much of trading is about individualization of methods to your own unique way of thinking and style. There are no standard methods. There are approaches. If you are smart, you would be able to build a method after studying some of the well known public domain approaches.

One of the big problems for many people is that they are waiting for Moses to give them detailed rules, guidelines and every single nuances. I have bad news for them. It is unlikely to happen. God is too busy handling other big problems in the world than to offer you get rich scheme.

From studying the history of the market you can find profitable approaches. When you study history you will see in spite of market changes, trading technology changes, market participants changes, rules and laws changes, some approaches have survived for hundreds of years.

Find those enduring approaches. Growth investing has been around since 1600 when first stock markets started. It still is around. Value investing has been around since then, so is momentum investing and contrarian investing.

Approaches of trading time frames of day trading, swing trading, position trading, and long term investing have been around since the start of the markets. Technology today has allowed high frequency trading but the other approaches still remain valid.

As a trader you have to choose your timeframe based on your personality, psychological makeup, life styles, need to for regular returns and above all your skill level.

From a concept like breadth , you have to develop your own timing model. At best you can learn from others who have done it before. Will the method and model be perfect? No. Will it be written in stone? No. Will it evolve over a period of time? Yes. But unless you make an effort you will not even reach anywhere.

Due to great dissatisfaction with 401k , I set out a way to develop a method to trade mutual funds. After hundreds of failed approaches and thousands of hours of effort, finally I married two concepts breadth and momentum to create my method for trading mutual funds in 401k.

Over several years I perfected it and fine tuned it. Is it perfect? No. Does it work? Yes. For me it works. I have avoided all bearish periods using it and have had great success beating the averages. It is an approach which I have detailed in many posts for many years. Does it have every rule spelled out? No. Does it have flexibility, yes. The challenge for anyone trying to make it work is to make it work for themselves.

That is the critical challenge . In ability to do that is a source of frustration to most people. It is true of any method. Does Top 25 method work, yes. For me. Does buying breakout works. Yes for me.

Can it work for you?

The answer depends on your own self efficacy beliefs. The most important element in your success is self efficacy beliefs. Self efficacy belief is your judgement about your own capacity to organize and execute a course of action required to attain a designated performance.

In the past I have written extensively on self efficacy beliefs and how you can enhance them. If you run a search for "self efficacy" you will find many posts explaining self efficacy in detail and how self efficacy beliefs are acquired.

How does this concept of self efficacy becomes important to trading? If you understand it you will focus your energy on making following concepts work for you:

  • Swing trading. For hundreds of years traders have been trading some form of swing trading method. All of them arrived at that decision after several trials and errors. Different people use different terminology to describe swing trading. But whether it was Livermore, Darvas, Baruch, O'Neil, Zweig, Wyckoff, or most traders profiled in Market Wizard, one thing is common, they are basically swing traders. Swing traders primarily focus on capturing a part of the move or a swing in stock moves. No one book or website or article or training course will explain to you swing trading. But if you make an effort and spend 1000 hours finding out and thinking about everything related to swing trading you will understand the basic elements of swing trading methods. If you do that you will be able to design your own swing method, you will be able to dissect any method and have enormous confidence in your own ability to swing trade. Moses is not going to give you ready made 10 commandments of swing trading.
  • Entry methods. If you understand swing trading you will understand that basic elements of any swing trading method are entry techniques, exit techniques, stop techniques, risk management techniques. Various traders use various entry techniques. But if you spend 1000 hours studying entry techniques and thinking about it you will find great commonalities. And if you do that you will be able to design your own entry methods for your swing trading. Moses is not going to give you ready made 10 commandments for entry methods.
  • Exit Methods. Various traders use various exit techniques. But if you spend 1000 hours studying exit techniques and thinking about it you will find great commonalities. And if you do that you will be able to design your own exit methods for your swing trading. Charles LeBeau has in fact spent years studying exit strategies and if you spend 1000 hours on exit or entry strategies, you would anyway come across his excellent work on entries and exits. Moses is not going to give you ready made 10 commandments for exit methods.
  • Risk management. Like you thousands of traders have grappled with the issue of how to manage risk and at the same time maximise profits. Again a few basic approaches to risk management has evolved and are widely used. If you spend 1000 hours studying risk management , you would be an expert in risk management. You would also understand the need for market timing. Market timing methods evolved as a result of people's desire to manage risk and maximise returns. And once you start devoting time to market timing, you will invariably stumbleupon market breadth. Thousands have attempted market timing before and based on their studies, few approaches have become cornerstone of timing models. Breadth is one of them. Moses is not going to give you ten commandments of risk management.
  • Vehicle Selection. Once you understand swing trading and the nuances of it , you will also discover that selecting the right stock or instrument to swing trading can greatly enhance or magnify your returns. If you spend 1000 hours researching and thinking about vehicle selection then sooner or later you will stumble upon basic ways to select vehicles using momentum, mean reversion, growth, or value. And then if you spend 1000 hours on each of them, you might conclude momentum and mean reversion might be best ways to select stock for short term swing trading. Growth and value might be good ways to select stocks for longer duration swing trading methods. Moses is not going to give you ten commandments of vehicle selection.

The primary challenge in trading is about expertise development. All studies about the process involved in building expertise show that expertise is built through immersion and thousands of hours of practice. Trading edge is a procedural memory edge. Procedural memory can only be developed by practice and thousands of hours of deliberate practice.

Your self efficacy beliefs will determine if you would even attempt building your own trading expertise.

But your task is simple if you are a member of Stockbee. A Turn key ready made setup and method solution is given to you. You just need to make it work for you. Not only that you have access to several very successful traders approaches and methods. You can interact with them and learn from them.

Over the years thousands of traders have used these methods and made them work for them. And every week you will see some members making progress by adopting these methods to their own trading and being successful.

This allows you to significantly reduce your learning curve and not lose money during the learning curve.

How to make money using analyst upgrade: CTXS

Posted on 1/23/2020
When analyst raise a stocks price target the stock often makes big move. When large number of analyst do it at same time , it is very high probability setup.
CTXS is an example of that. It had 5 analyst raising its price target before market open. Buying it on open was very big winner .



This information was available before market open .

If you want to make money trading , make this setup part of your daily plan.

Hot to be a profitable trader webinar notes

This week I did a webinar for Stockbee members on what it takes to be consistently profitable and role of procedural memory , self efficacy beliefs , and creativity in improving your profitability.

These are my notes used for presentation:



Select  feedback from participants:

Your talk yesterday was amazing and mind blowing! It's was one of your finest webinar till date.
As a result I will be making changes not just to my trading, but life in general.
Really wish it was recorded for posterity!

Jay 

Hey EG
Thanks you very much for the Procedural memory , self efficacy talk, and creativity webinar.
You made me think long and hard last night about many things and why I have not progressed in my trading , career, and life.
Now I know what are the issues that are holding me back and how to tackle them.
I wish I knew these things few years back.
Thanks again for making me think and it is nice to get kicked and jolted in to action .
I am now more optimistic about my life and trading.
PS: and I took your advice to be at least 5% more creative daily and my coworkers asked me why I am so happy today.

Mike

Yesterday's webinars were amazing. 

Carolyn

If you want to improve your trading and become profitable learn the role of procedural memory in becoming better trader. All successful traders have developed a procedural memory to trade a specific setup and it is implicit memory and once developed becomes permanent part of you . This is the key to profitability. 

Stockbee Swing Trading Bootcamp April 2020

Posted on 1/21/2020


Stockbee Swing Trading Bootcamp

 April 4 and 5 , 2020 

Rutgers Inn New Brunswick NJ 



Bootcamp Agenda

Saturday and Sunday

Saturday

8:30 to 10.30 Extracting money out of market using breakouts 9 4 $ LTB
10.30 to 11 Break
11 to 12 How to improve win rates in breakouts
12 to 1 Lunch break
1 to 2.30 Adapting breakouts for working people
2.30 to 3 break
3 to 4 Breakouts with catalyst.

Sunday

8:30 am to 10.30 Extracting money out of market using anticipation reversals and Top 25 stocks
10.30 to 11 Break
11 to 12 How to enter and exit anticipation for maximum profits
12 to 12.30 Lunch break
12.30 to 2 Developing bullet proof process to Double Money using breakouts and anticipation. Developing traders mindset.




$589 per head for confirmation and payment by February 15th
$789 per head after that.


Previous Bootcamp Feedbacks


nyos8:36 AM Jan 20th 2020

Weekend Bootcamp was excellent. Every time we learn new things. Thank you EG for sharing your knowledge and expertise.




jaybm8:22 PM Jan 19th 2020

Thanks a lot again for an amazing bootcamp. I am so thankful for deciding to joining this online one. As usual, there is always something new to learn in every bootcamp. Reinforced a lot of the concepts. The last session on the mind games topic in particular was great! So inspirational and motivational.




Masmiguel3:20 PM Jan 19th 2020

What an incredible weekend in the Bootcamp. Astounding work what you do for us. Thank you so much Pradeep!!



Thank you, Pradeep for the amazing two days Bootcamp. I am sure it will help me in improving my results over next few months. You would be happy to note that although I am member of your Stockbee site for past 1 year, I started using the information on the site more actively for last 3 months and over that period my trading account (though small) has grown over 40%.I am looking to build on the knowledge gained in last two days to further smoothen the equity curve. One of the basic thing that I got conviction on in this Bootcamp is the need to enter the stop-loss in the system soon after entering the opening trade.Will be in touch and keep you posted on the progress over next weeks and months! Thank you for all your guidance.

Thanks,Arun

Terrific bootcamp; really found it useful. Sasha


Venky on email

Just wanted to thank you for another very nice Bootcamp.



Although I must listened your videos/webinars/timeline, seems like there is always something new to learn. Also, seems like, at least for me, that it takes a while for the process to get ingrained into your system.

Even my trading has improved a lot in the past 6 weeks, and I have made nearly 20% in during this period



Medioindio10:11 AM Nov 18th 2019

Terrific boot camp. Changed my mindset completely!!


stockcatcha7:56 PM Apr 8th 2019

@Eg Thank you so much for the awesome Bootcamp you put on this weekend. This was my second time and I learned so much. I have pages and pages of notes to go through and lots to implement. Thank you for your time, knowledge and generosity. Also, nice meeting my fellow boot campers.


hamme8:33 AM Apr 8th 2019

@Pardeep: Can't Thank you enough for such an informative session. You always go above and beyond to ensure our learning. Beside being a successful businessman, you are a born teacher. Its a blessing to know people who are so generous in spending their time and wealth of knowledge.


SM9201517:02 PM Apr 7th 2019

@Pradeep- Thank you for a great bootcamp, and all the information you shared with us. Your simple and down-to-earth approach helped keep the focus on learning. Wish I had become a member and learnt your setups /tactics 10 years ago. I'll be Marie Kondo-ing a lot of other stuff I have picked up over the years.

For any new trader on the timeline- the most important and easiest thing for making money consistently is to master a setup that has 1) a good expectancy and 2) also is available in abundance. 3LYNCH ticks both those boxes!


Treyder4:34 PM Apr 7th 2019

@EG — Thank you for an incredible bootcamp. I’ve been wanting to go since I joined the site last year and it exceeded all expectations. Thank you for your time and patience. I enjoyed meeting other stockbee members and look forward to seeing everyone’s growth as traders.


ARao4:28 PM Apr 7th 2019

Guru thank u for the fantastic Boot camp, always new some thing to new ...thanks pal...:-) Formula, Process and Execution... Thank u thank u...



roboticinvest2:24 PM Oct 29th 2018

Still digesting but key learnings from Bootcamp:


Focus on core methods: $ b/o 4% b/o, ANTs, LTB, EP, NTRT


The best trades make hundreds of trades in a year. They turn over their capital a lot.


With proper trade management and a lot of trades, the good trades will earn you substantially more than the small losers. See #2.


Structurally, only two things really work in the market: momentum and post-earnings announcement.


$ b/o is a good way to capture larger gains with limited risk; can take on bigger size and make more


Approx 50% of ants will be swing trades, and 50% will fail, give or take. See #2


The biggest advantage to $ b/o and ants is you can put your stop very close to entry. If it work is works great, if not, you only lose a little.


Stop ignoring the NTRT post EG posts daily - there is money there if you focus on it.


Stop looking for the shiny new things; focus on the core methods and perfect those.


Trade analysis is important to get better: setup, process, market, or trader learnings.


Momentum is key - the top momentum stocks are strong stocks to trade


3LYNCH and MAGNA5 works so use them


Use stops, use stops, use stops, use stops. (No regret if it stops out)


cpmcknight2:05 PM Oct 29th 2018

EG, Bootcamp was awesome, my favorite was not any one thing by itself. I think it was your answers to questions that filled in the small gaps in what I learned from all your videos etc. Aggressively managing trades, the how to do it and NtRT left the biggest impressions. You were absolutely correct, it completed the learning loop. Thanks again for holding the training last minute!


morrow1101:46 PM Oct 29th 2018

This was my 2nd time of attending, and this was the best bootcamp. Thank you EG for your passion in the teachings and the market!

SleekTrader11:02 AM Oct 29th 2018

@EG - Thanks for the fantastic bootcamp, it always helps to get a reaffirmation of beliefs/methods, especially after having taken an extended break from the markets. Great turnout, and the detailed discussions re: various processes help cement the strategies. Bootcamp setting helped in refreshing & absorbing/assimilating a large amount of information in a short timeframe as well.


Just want to drop a note thanking you for putting on the boot camp. Was really valuable to speak to you directly about trading these methods and confirming my learning over the past few months. Now to go and make some money....

JM

bizfix8:11 PM Oct 28th 2018

i loved bootcamp it was my second and once again walked away with confirmation that the key to success is money management and stops.



ddash4:45 PM Oct 28th 2018

EG: Glad I made it to the bootcamp; thanks as always for another outstanding bootcamp; Lots of homework to do; Appreciate all your patience with many questions I asked. Have a profitable week ahead.

Anon
EG thanks for the excellent bootcamp. It has opened my eyes to how these simple methods make so much money in such short period of time. You explanation of how to manage trade was very eye opening . It has made me examine my beliefs and trading .

So many times I have just sat and let open profit go in hope of catching more gains. Your “half Whiskey” stop blew my mind away and I went back last night and analysed all my trades, If I had followed the approach you discussed I would have made 10 times more money than what I made in same trades. I also like your idea of using half of the days move stop on entry.

Last 2 days opened my eyes to how these simple and well thought out strategies like 4%, $ breakout and SLTB find almost every trade in the market. Your simplification of these methods and discussion of process was very useful to me and developing my own process.

Thank you for providing such a detailed roadmap on every setup and more than that explaining the logic behind everything.

I have attended seminars by many other well known traders , some costing more than 5000 dollars , but your 2 day bootcamp beats all that. I plan to attend many more in future.

Thank you again for your passion and effort.

You can post this on Timeline but do not put my name.


chiefmojorisin9:37 AM Sep 17th 2018

Bootcamp was great. I now am going to start to implement NTRT into my trading flower. This simple strategy is money making machine and EG explained it very well during Bootcamp. I recommend every trader who is serious about your trading journey to attend the Bootcamp. Thanks Pradeep.

Petethedog8:39 AM Sep 17th 2018
Many thanks for your boot camp EG. Words can not describe how helpful it was to me. It is a must for any trader to attend at least once.

mika8:38 AM Sep 17th 2018

Thank you Pradeep for drilling down the point of structural methods for 4% Breakout, Anticipation and NTRT. Appreciate all your help.


jaybm8:27 AM Sep 17th 2018

Thanks EG for another great boot camp. There's always some thing new to learn in each and every boot camp. Your detailed reviews of your trades where eye opening and was a window into your trading and trade management. Appreciate your generosity and selflessness in sharing your complete knowledge!


LB8:50 PM Sep 16th 2018

Another great boot camp in the books. This was also my third. I gain insights and knowledge every time. Pradeep is very generous sharing his methods and his personal evolution as a trader. Highly recommend regardless of experience level. Thanks to EG and to all of those who participated.


ram7:46 PM Sep 16th 2018

Thank you Pradeep for conducting the boot camp. This is my third boot camp. The main thing I got out of this boot camp is trade management, where I had been struggling. The simplified 3LYNCH and MAGNA5 are easy to execute. Thanks to all the attendees for asking questions. Learnt a lot from Pradeep's answers to the questions.

markhike7:23 PM Sep 16th 2018

Words are hard to describe the two-day Bootcamp experience. Thank you Guru for sharing your priceless knowledge, battle field experience and infectious passion for trading! It was mind-blowing and I completely filled up my notebook with valuable information which will take me a few weeks to absorb and put into use. I hope when looking back in the future, it was a turning point of massively profitable trading for me and many other attendees. Go 3LYNCH and MAGNA5!

magu0077:20 PM Sep 16th 2018

Thank you Pradeep for all the time you invested in the bootcamp, all the teaching and sharing tips ,info and experience. Surely it makes a big difference to participate, for me it was worth the trip. Thanks a lot. Marina

maxtrading856:59 PM Sep 16th 2018

Thank you Pradeep for sharing the vast amount of knowledge with us during the bootcamp. You clarified so many doubts in my mind regarding so many concepts that were blurry before this. I am sure that this will help me in taking my trading/investing to the next level. You are one gem of a person for creating this community and providing the knowledge that you have gained over long period of time and beautifully packaging it in two days. The way you clarified the concepts on setups, risk management, trade management and process with such simplicity was just amazing. I will forever be grateful to you for the time you took to teach us at the Bootcamp. You are the best.


pateldip845:53 PM Sep 16th 2018

Thank you Pradeep for the valuable time and knowledge you have shared with us these two days of Bootcamp.


I wanted to thank you for your dedication to aspiring traders and a great learning experience this weekend, Ive been a member for awhile now and I regret not coming to bootcamp sooner.

Anthony

Hi EG,

Thanks so much for the incredible learning opportunity at the bootcamp this weekend. I feel more confident that I can trade successfully after spending two days with one of the best in the business!! I also enjoyed meeting the other attendees. I plan on attending another bootcamp in the future.

Greg

morrow1101:49 PM Feb 19th 2018

@eg, The boot camp filled in the gaps for me in terms of which strategies to concentrate based on setups different characteristics. It is highly recommended to those who recently joined or never been to the camp (like myself). Just reading and watching the videos will not give you solid footing unless one knows which set ups are right for one's life style. It was time well worth spent. Thanks again.

ARao12:16 PM Feb 19th 2018

@eg thank you for the super Bootcamp.. :) it was good learning...

prem19649:47 AM Feb 19th 2018

@easyguru, the bootcamp was excellent. I learned so much. thanks for taking the time to teach us.

shareade6:58 AM Feb 19th 2018

@easyguru , Thanks for your dedication and Passion to teach us the Methods at the Bootcamp. It was two days of intense focus and learning. Many gaps in my knowledge were filled. As someone new to this, I went home feeling more assured and confident that I can make this system work for me.

iqs10:29 PM Feb 18th 2018

@eg thank you so much for such great teaching at the bootcamp. you are truly a passionate and dedicated instructor.

jaybm9:08 PM Feb 18th 2018

Yet another amazing boot camp in the books. Thoroughly enjoyed interacting with all the attendees and learned a ton of stuff. Greatly appreciate Pradeep's generosity and willingness to share his knowledge.


tradeowl1:40 PM Mar 3rd 2017

I went to eg's bootcamp last year and I recommend it!


LB1:12 PM Mar 3rd 2017

Boot camp is very worth while. If you are serious and a beginner, the scales will start to fall off of your eyes at boot camp!


pmac12:48 PM Mar 3rd 2017

Agree with @bearing, bootcamp is well worth it, especially for newer traders

Bearing00111:23 AM Mar 3rd 2017

@All - bootcamp well worth you time if you can get there!


ssbiz5:56 AM Mar 27th 2017

Thanks Pradeep, it was an enriching experience and I appreciate your time and efforts in helping us reach our goals. It is really takes a 'Giving soul' to do what you do. I can confidently say that attending the camp gave me the clarity on what my next steps are, apart from imparting me the know-how on how to execute those steps. Thanks again.

jaybm7:57 PM Mar 26th 2017

Thanks EG for great 2 days of intense knowledge transfer. It was a real boot-camp in every sense of the of the word. Very innovative and literal use of the Carrot (lunch) and stick approach to drilling the core concepts of what to look for in breakouts and exit rules. Many Aha moments for me. Greatly appreciate your generosity.

mk6:02 PM Mar 28th 2017

Dear Pradeep:

Thank you for the excellent boot camp. It was worth my effort to travel 8 hours each way, by automobile and listen to your presentation on 2 days. Hopefully, it will make a better trader out of me. While most experts on investing pay lip service in being transparent, you go out of the way to make your methods easily accessible and can be reproduced. Your generosity to fellow traders can only be described in superlatives. Many thanks. MK


vadim5:54 PM Mar 28th 2017

Dear Pradeep! Thank you for well-organized boot camp, thank you for your time and effort to share your knowledge with other traders. Sincerely, Vadim.

agramtb12:48 AM Jun 26th 2017

@EG thanks for the great bootcamp.


ptab11:46 PM Jun 25th 2017

@eg thanks for a great bootcamp! It was refreshing to go through the fundamentals and be reminded to ignore all of the trading noise and distractions.

LB9:30 PM Jun 25th 2017

Another awesome Boot Camp. Great reinforcement of all the concepts taught here. Its not often you get to spend an entire weekend with a market wizard all for the fraction of the price of your average losing trade. What a bargain. Thank you Pradeep.

comito11:16 AM Apr 7th 2017

Still seats left for bootcamp! My goodness. Anyone newer to this site . . . . or just plain struggling . .. or someone who has never been to a boot camp should go. How many times do you get to pick a market guru's brain in person in your lifetime? In most cases in life I believe you get what you pay for but in this case it is so much more. I have never heard anyone come back from any type of bootcamp and say they regret it. Ok, I am done. Just don't want people to waste that opportunity as it does not come around very often.

mike19627:31 AM Jun 26th 2017

@eg. I am very grateful to you for all the hard work and knowledge that you shared with us at Bootcamp.

dfly7:49 AM Jun 26th 2017

Thanks-- e g--for the great boot camp--you changed my thinking in a couple of key areas--your willingness to spend your weekend teaching and sharing your knowledge--is not a common trait in today's world-----from the oldest guy there--who can still learn---dfly

mrm9:09 AM Jun 26th 2017

@eg Thank you for great weekend This was my 4th time and I always learn something new thank you for your time, dedication and willingness to share your knowledge with us

ddash10:25 AM Jun 26th 2017

@EG thank you from my bottom of my heart for all the help you provide to little guys like me. Bootcamp is definitely a game changer. Please do plan on having a bootcamp for west coast. I will handle the logistics. You are welcome to stay at my house :-) Btw: Who won the prize (books)?

ram11:10 AM Jun 26th 2017

@eg, thanks for your effort and time for conducting the bootcamp. The setup exercises were very helpful.

fredericf3:22 AM Aug 30th 2017

@eg Thank you for the great bootcamp in London last weekend. I am new to this game and I suspected these 2 days were going to be a blast. I was not disappointed!




Pradeep,

I want to thank you again for a great bootcamp. I am very excited to implement all I have learnt from you and look forward to it. Thanks for your generosity in sharing your hard won knowledge and experience with us.

Many thanks,




Elvis.

How to become a profitable trader Part 3







Stocks exhibit reversals multiple times in a year. Some of these reversals can lead to big swing start.

Some swing last only few days. But the biggest advantage of reversal swings is it gives you very low risk entry and instant confirmation.

This kind of reversal is caused by either major or minor seller exhaustion. When selling exhausts stocks bounce back.

For swing traders this is a very good setup. It happens all the time on large capitalisation stocks and the risk reward is great.

You can find 1000 plus trades like these in a year.

If you want to be a profitable trader in 2020 build your trading around some of these kind of enduring and structural edges in market. 

How to become a profitable trader Part 2

Posted on 1/15/2020
In part 1 of this post we looked at how you can become profitable by using some of the structural tendencies of stocks to extract money from the market. Specifically we looked at momentum and volatility cycles to make money. Today we will look at another very powerful structural tendency of stocks.

Surprising news leads to big moves.  Any surprise that leads to change in market participants views about the stock leads to big moves.
Let us look at ICHR from yesterday. It made a 28% plus move yesterday. It was possible to identify this stock ahead of time and buy at open.


These kind of news based moves happen daily. You will see FLNT today was up almost 30% plus . again stock had a surprising news last night. Based on that buying at open was easy money.

These kind of surprising news can lead to stocks making very big one day moves. And in most cases you can find these stocks before market open.

After studying thousands of such moves over the years I have figured out which kind of news has potential to make big moves in stocks. Earnings surprises is the most likely culprit. In biotech stocks it is the release of drug studies.

Based on our studies I use a methodology called NTRT and MTRT for finding such explosive moves stocks and enter them with market on open orders. NTRT and MTRT involves just 15 minutes of work after the close and before the open.

If you want to make lots of money trading stocks master these structural tendencies of stocks and you will find it easy to make money.

In part 3 we will look at some more structural tendencies of stocks.