Excellent trading ideas, with perfect levels
The idea of a Technical Analysis Course & Mentoring Programme with the opportunity to learn from a leading Professional Technical Analyst, after following the Day Trade Ideas reports for 2 months, was an opportunity not to be disregarded. I wanted to learn more, to have a better understanding of technical analysis of the market and to trade successfully, so I signed up and a week after the course - still impressed.
The 2 day course managed to cover all the important areas of Day Trading, starting with very basic principles of support resistance, price action, predicted turning points in the market, etc. along with some basic technical principles that follow chart patterns, interesting insights on how to use stochastic, better understanding of how to use Fibonacci (and get it right) and understanding the 'Head and Shoulders' Chart Pattern and more importantly - seeing it!
His golden rules and secret of getting a winning psychology are especially helpful when you have "head games" going on with your trading.
On Sunday the practical examples and how he analyses his charts (any chart!) were really insightful and you start to see how the technical analysis can back up your trading strategy and intra-day levels.
Despite the abundance of information supplied it was easy to understand and follow.
So anyone who is serious, or rather, anyone who is looking to take up trading seriously, who wants to learn the basic principles of technical analysis would be highly recommended to take this course to learn from Jason - a Professional Trader who is an internationally recognised award winning Technical Analyst.
In the last week since starting the course, all the bits and pieces I've picked up learning to trade over the last 18 months have started to consolidate and finally make sense, the course has helped bring those pieces of the puzzle together.
To really succeed you need to find a mentor who has already successfully done what you wish to do.
Quoting Jason's words from his video about the mentoring programme - "I will take you right through to being a successful trader" (he's trained many traders who have become professional traders). His absolute goal is to make you a successful trader and the topics covered make this course simply one of the best I've taken.
All the world's best investors have had a mentor (Warren Buffett learned from his mentor Ben Graham) and as an investment in your trading future, Jason's Mentorship and Course is tremendous value for money!
His levels always good and helpful for everyone
Have been using Jason's FTSE 100 futures service since May 14 now and am very pleased. I can only comment on the FTSE report as thats all I trade and all I subscribe to however based on my experience of it I expect the other positive reviews are accurate too.
Providing you are clear that you are the trader, no one else, and therefore understand that you are paying (a reasonable price) for a technical service here, you can then objectively decide whether this is worthwhile, perhaps after test driving it for a while first. If by contrast, and with no experience, you expect to pay a small amount each month to be immediately spoon fed individual trades which never fail to do anything but work for loads of points every day, and you don't want to or are unable to learn how to trade yourself, then its not so much that this service is not for you, its more a case of realising that no such service exists. That's not to say that you don't get suggested trades here every day. You do. And you could do alot worse elsewhere. But in my view if you ignore all the levels you are given and only wait for and then follow those trades, if and when they arise, you are at best not using this service to its full potential and at worst will lose money (which will be no ones fault but yours). Instead, to use an analogy, use this in the same way you would use a set of advanced charts. If you are brand new to trading you may not even realise that you need advanced charts. But for anyone else, would you trade without advanced charts? No. Do you blame the advanced charts if your trade doesn't work? No. Does using advanced charts mean that every (or even any) trade you do will work? No. But have you got more of an edge and are you stacking the odds more in your favour if you use advanced chats? Yes. You can get them for free, but you sort of get what you pay for don't you, so you will probably pay for good advanced charts because they are a necessary part of your trading arsenal. If you think of this service in the same way then you may start to find it useful.
What you are subscribing to here is a set of technical levels = support, resistance and profit target levels for the day, (as well as a one line steer to the possible days action plus the materials on the website). That doesn't mean you shouldn't work out your own levels as well. But if you want a helping hand while you learn, don't have time initially, or want a (good) second opinion, then in my view this is worth the price, because the quality of the levels you are given is where this really shines. You get roughly 3-5 levels both sides of where you are each morning, and sure, of course it is not going to hit all of them, or work on all of them. And sometimes they don't work at all (it doesn't make sense to say they are 'wrong' as this is trading probabilities not seeing into the future). But I agree with other reviewers that it is uncanny how well these do work when they work, and the hit rate generally is good enough for me to want this as part of my trading arsenal.
You get these in a very short concise report (which you need to access each day) and it is there well before the markets open in the morning. At first I wanted more than just a few lines but now I actually prefer how concise this is. It doesn't dwell on endless speculation and repeat everything you can read in the FT etc, just gives the days levels and perhaps a couple of 'ideas' of what might work. Equally Jason doesnt try to trade the news, but sticks to the technical analysis. And that is the way you want it. This is only my view, but in my admittedly early to intermediate experience, trading the news on index futures requires you to be in exactly the right place when it breaks and then make the right interpretation of it. Quite do-able, but you can get that right (or wrong) yourself, and dont need help with that, and if you get it right and on time it may certainly upstage any technical trade. But fundamentals only drive the markets maybe 20-30% of the time, depending on whats happening out there? Technicals flip the market around all day every day for the remainder.
But remember, the trade is up to you at the end of the day. If you are a new or intermediate trader or even a seasoned pro wanting a second opinion then DayTradeIdeas may help give you an edge, until such time as you can plot your own levels better (assuming that time comes of course). Dont be afraid to take advice from others until then, provided you choose carefully. The more edges you get, the more chance there is your trading will work. Its not the holy grail, or the genie out of the bottle, or as amazing as its own promotion makes it sound, but, for me, at the price this comes at, this has given me a powerful addition to my trading arsenal and has in my view shifted the odds a bit more in my favour.
Richard.