I have taken the tutorial, and would really appreciate it if
when you review the trades in the nightly newsletters, rather than
saying that "people who haven't, need to take a tutorial to
understand the targets and triggers", that you could say what the
targets might be. I know I would certainly benefit from any
reiteration of what we learn in the tutorials, and hope that others
might agree. I find repetition of concepts very helpful.
Happy Thanksgiving to you all! And Happy Hanukah too.
We are considering a student section next year that will provide
setups, triggers, stops, targets, etc. relating to tutorial
type setups.
In the meantime, if you have a specific stock, etc just send me
an email or private message and I would be happy to answer since
I'm not sure as to what you're referencing as I haven't really
discussed many such specific setups.
Oh, no separate sections please. I hate those for all sorts of
reasons, and you don't get to have the full BPT community. Maybe
you could just put an asterisk on any trade ideas that might
require a tutorial to fully understand. There are all sorts of
trade ideas that are discussed and reviewed on the website that I
would hate to miss out on by being in a section that is only doing
the "big candle" trade technique. Maybe you could have a link for
the people that haven't taken the tutorial to watch one of the
webinars if they are interested in learning it. They will
understand that it is a 4 hour commitment.
Sara - First of all, the tutorial discussed much more that
simply a big candle so I suggest you review your notes. A section
to share setups (not necessarily for much discussion) as the setup
parameters (trigger price, stops, targets) will be written down
ahead of time and adjusted with price movement. You would
select such setups in accordance with your style and objectives in
conjunction with the guidance we would provide. Thus, you won't
miss out on anything and it's not wise to run out and buy something
posted on blog without taking some time to examine and make sure it
coincides with your objectives.
In addition, Matt and I plan to do a webinar relating to various
trade setups (flags, breakouts, bounce plays, wedges, etc.
including setting up your own watchlist and alerts properly. The
goal would be to provide tips or suggestions relating to trading
the setups.
This sounds promising indeed. Categories and attributes of/for
trades can help a member to sort easily for something suited to
his/her specific needs and preferences. Good idea Steve.
Steve, I know the tutorial discusses so much more than a "big
candle", but since it seems to start with that, thats what I call
it. I know it involves the RSIs, and included symmetry, the moving
averages, establishing price targets, and seeing patterns, and so
much more. That's why I thought is might be helpful to continue to
reiterate these concepts that we have learned as often as possible.
There are so many little things that you guys see that would be
nice to be pointed out, and reminded of.
I like the idea of including trigger price, targets and stops,
but why would it need to be in a separate section. Maybe it could
it be incorporated into the trade ideas section?
Steve, I have a request
Posted by sbwoman on 27th of Nov 2013 at 02:10 pm
I have taken the tutorial, and would really appreciate it if when you review the trades in the nightly newsletters, rather than saying that "people who haven't, need to take a tutorial to understand the targets and triggers", that you could say what the targets might be. I know I would certainly benefit from any reiteration of what we learn in the tutorials, and hope that others might agree. I find repetition of concepts very helpful.
Happy Thanksgiving to you all! And Happy Hanukah too.
We are considering a student
Posted by steve on 27th of Nov 2013 at 02:19 pm
We are considering a student section next year that will provide setups, triggers, stops, targets, etc. relating to tutorial type setups.
In the meantime, if you have a specific stock, etc just send me an email or private message and I would be happy to answer since I'm not sure as to what you're referencing as I haven't really discussed many such specific setups.
Oh, no separate sections please.
Posted by sbwoman on 27th of Nov 2013 at 02:34 pm
Oh, no separate sections please. I hate those for all sorts of reasons, and you don't get to have the full BPT community. Maybe you could just put an asterisk on any trade ideas that might require a tutorial to fully understand. There are all sorts of trade ideas that are discussed and reviewed on the website that I would hate to miss out on by being in a section that is only doing the "big candle" trade technique. Maybe you could have a link for the people that haven't taken the tutorial to watch one of the webinars if they are interested in learning it. They will understand that it is a 4 hour commitment.
Sara - First of all,
Posted by steve on 27th of Nov 2013 at 03:09 pm
Sara - First of all, the tutorial discussed much more that simply a big candle so I suggest you review your notes. A section to share setups (not necessarily for much discussion) as the setup parameters (trigger price, stops, targets) will be written down ahead of time and adjusted with price movement. You would select such setups in accordance with your style and objectives in conjunction with the guidance we would provide. Thus, you won't miss out on anything and it's not wise to run out and buy something posted on blog without taking some time to examine and make sure it coincides with your objectives.
In addition, Matt and I plan to do a webinar relating to various trade setups (flags, breakouts, bounce plays, wedges, etc. including setting up your own watchlist and alerts properly. The goal would be to provide tips or suggestions relating to trading the setups.
webinar relating to various trade setups (flags, breakouts, bounce plays, wedges, etc.
Posted by cubby on 27th of Nov 2013 at 03:56 pm
This sounds promising indeed. Categories and attributes of/for trades can help a member to sort easily for something suited to his/her specific needs and preferences. Good idea Steve.
Steve, I know the tutorial
Posted by sbwoman on 27th of Nov 2013 at 03:49 pm
Steve, I know the tutorial discusses so much more than a "big candle", but since it seems to start with that, thats what I call it. I know it involves the RSIs, and included symmetry, the moving averages, establishing price targets, and seeing patterns, and so much more. That's why I thought is might be helpful to continue to reiterate these concepts that we have learned as often as possible. There are so many little things that you guys see that would be nice to be pointed out, and reminded of.
I like the idea of including trigger price, targets and stops, but why would it need to be in a separate section. Maybe it could it be incorporated into the trade ideas section?
Great idea! It would help
Posted by hirahara on 27th of Nov 2013 at 06:44 pm
Great idea! It would help me for sure.
New section on set ups
Posted by sonofrebel on 27th of Nov 2013 at 08:17 pm
I vote against a separate section - prefer to have it in one stream.
I agree Sara...I will continue
Posted by steve on 27th of Nov 2013 at 04:00 pm
I agree Sara...I will continue to try my best as part of continuing the education process. Thanks.
And thank YOU for continuing
Posted by sbwoman on 27th of Nov 2013 at 04:14 pm
And thank YOU for continuing to educate us.
Ditto that. The triggers on
Posted by cubby on 27th of Nov 2013 at 02:19 pm
Ditto that. The triggers on the charts would be nice combined with a target.
Creates no issues, as it is not personalized nor is it any recommendation. Just a setup to review and consider.
Great idea!
I agree sbwoman, that would
Posted by tad51 on 27th of Nov 2013 at 02:14 pm
I agree sbwoman, that would be most helpful and reiteration and repetition are key concepts in any learning process.