Day Trading S&P E-Mini Futures DVD

Anyone bought this DVD from the TTW shop?

http://www.trade2win.com/store/customer/product.php?productid=16210

The example charts look a bit like simple candlestick chart setups. I just wondered if there was any other useful information.

I had a look at this... I found it was a bit simplistic.. buy on support, sell on resistance etc. That was about it.. However, the trader in question believes in KISS (Keep It Simple Stupid) so it may appeal to some. It's just that he makes it seem too easy. I know his form of trading would not suit myself.
Regards
BD

Buy support and sell resistance is far too simple an approach for intra-day trading in my view. This is because you also have to consider whether the trading day is trending or range bound and the most appropriate strategy will differ depending on which we are having.


Paul

He claims to tell you "how to make 1750 a day."

This turns out to be: make 5 trades a day, it should be possible to win on 3 of them and
it should be possible that the amount won on the winners should be twice as much (£900 each) as the amount lost on the 2 losers (£400 each). Take a bit off for commisions and
Voila you get your 1750, not bad for a days work!

That made me laugh, if only trading was that simple!

In repost!

My trading ideas are 'simple', but that is how I like them. Given the choice between a simple strategy and a complex one I would go for the profitable one. I share my trading ideas for a modest fee and these ideas are heavily influenced by my experiences as a floor trader. On the floor you learn to trade by reading price and volume, it is simple, but it ain't easy. I know quite a few floor traders who have made many millions and I know quite a few traders who are expert technical analysts, but they aren't very wealthy.

Support and Resistance usually refers to the expectation that the market will find resistance at previous highs and support at previous lows. I certainly don't trade off such ideas, nor do I teach them. Perhaps bottom dollar you should watch again.

My example about making $1750 a day is to demonstrate that successful trading is about having an edge and applying that edge again and again. Small improvements in your edge make significant improvements in your profits.

Below I will copy a couple of emails from customers who have found my presentation very valuable (to even the argument). But in parting I would like to say that I don't claim to turn all customers of mine into successful traders, how could I? I am much more modestly offering my ideas and insights into trading (for an equally modest fee) and if that helps expand my clients awareness and perspective of markets and trading then that is a very worthy result.

"Malcolm,
hello again, I just wanted you to know that I am very impressed with your strategy especially after watching it now for a week or 2 . it is amazing and once you recognize the signs they are so obvious. I can't believe that I haven't noticed it before and I have been looking at charts for 13 years. I have also added a (deleted to protect privacy of author) as a filter , looking for crossover in OB/OS area and divergence/convergence to help eliminate false signals. what is even more amazing to me is your profit projection , often times to the tick.

Everything else I have been looking at gets you in after the run is well under way and with way too much risk. I have often times said to myself that I wish I could read the market to get me in at the tops and bottoms. That is exactly what your strategy does. thanks again for sharing this knowledge.
Thanks,
Dennis"

"hey
just took 14pts in 5mins in YM market this am using
5min bar ******* formed from the AM drop.
--Jerry"
"took 3 pts from NQ long from after *******.
Exited too soon....

I like taking profits...
--Jerry"