Recent content by Jack_J

Well, he's consistent, anyway. Another live "trading" webinar yesterday, and after an hour and 20 minutes he finally took a trade, and was in it for less than a minute. It went his way 3 ticks (on TF) and he started trailing his stop 1-2 ticks behind it! Got stopped out for 3 ticks/$30 profit...

Just one question: is there any validity to the book's methodology? What's been your experience with it? Sorry, that's two questions :)

To borrow from The Princess Bride, re: DOM, "I do not believe that word means what you think it means". Not sure of the source of the decent DOM to which you refer - perhaps it's actually T&S, but with a cumulative feature? But you say it's better than T&S... DOM = Depth of Market; showing...

What's the old saying, that a little bit of knowledge is dangerous? So, we have the old statement that moving averages (at least for scalping) are useless, as they're a derivative (and lagging), and also that one must watch the DOM, which shows what went off at what price. Oh, and that Al Brooks...

Thanks for that "great" feedback, pcann! I just hope people google and come across this, and hope even more that there's some retribution for this scum!! That's not just bad or misleading trading and business practices, that's criminal!

Re: "Trade Tech Institute"

As my previous posts in this thread have reflected, I tend to agree with most of suprattkk's assessments of Regan and trading in general, with the caveat that I've not personally tried the system. But rather are based on his webinars and other comments from his people/traders. However, I don't...

Thanks for the follow-up, Mary. I'm glad it's working out for you. I haven't had the "pleasure" of seeing those other businesses! That is quite funny. FWIW, I did a bit more checking and found the following, for anyone to make of it what they will: Rick Critser (figured out that's the correct...

Here's a blog entry by Brett Steenbarger, an excellent trader/psychologist, on Prop FIrms. It may be helpful. Read through the comments section, too. http://traderfeed.blogspot.com/2009/01/jobs-with-proprietary-trading-firms.html I just sat through a webinar - or sales pitch - with Regan. Many...

Let me chime in with one more "got a call from..." :) What I was able to glean from the caller (Nancy, didn't seem knowledgable to be a rep that others spoke with) was their system averages $2,500 per month, based on a $15k account size. Minimum to start is $5k, though. I asked about draw-down...

PLEASE take the above-linked review with a grain of salt. I highly doubt that it's objective, given that the only negative is a lack of a track record. That's ALL. So, how can they say it's so effective? FWIW, one guy in another thread said their other system was just a bunch of stoch settings...