March 20, 2009
"Uncle Mike,
Just wanted to give you an update on my trading results for the
week. First I want to vigorously thank you for your
trading guidance and wisdom regarding how to be a trader for the
long haul. I traded live this week with a 2
contract trade size and a 5 tic target per contract for the day.
Against an account size of about $6,600 I am trying to get about
$105 net per day. This week I finished essentially one day
ahead, six days of trading profits in five days. When I
hit my daily target I would cut my trade size in half and
continue taking trades until I got my first loser.
On Friday, I took one successful trade then stopped.
No point in risking anymore when I was ahead of plan for the
week. (By the way, I would have never done this before but your
advice about preserving my profit made real sense to me.) None
of this would have been possible without your guidance and trade
selection. Not only am I becoming a better trader, but I’m
becoming a better
trading account manager and that is an important
difference that I’m learning from you. You are making a huge
positive difference in my trading and my account balance and I’m
definitely in for the
long haul.
Thank You."
DN –
San Diego
“Essentially, the chat room gives me a
direct line of communication to an expert systems
developer/trader throughout the trading day and gives me the
opportunity to interact with others that are committed to this
style of trading. This, combined with the materials available
on the website has made me a much better trader.”
Dave B.
“Never have I learned so much while
laughing so hard. Thanks Uncle Mike for opening my eyes to
different approaches to trading. Your mechanical “swing”
trading methods take away the stress that comes with trading.
You’ve simplified trading so that even dummies like me can
understand what they are doing. You give us your honest opinion
every time, no matter what the general public may be thinking.
Here’s an umbrella drink on me. “
Jason W.
“The depth of the knowledge and the
background of trading that Uncle Mike brings to the room is the
main factor that creates the atmosphere of learning that we all
share.”
Fred L.
“It’s a rare treat to sit in a trading room with people that deliver far more content than is anticipated, respect other’s privacy, and can enjoy a good laugh now and then. Many, many thanks for your sharing and professionalism. Keep up the good work!”
Kevin M.
“The room is one of a kind –
1. provides viewpoints of stocks, futures, bonds
and any other market someone might want to take a look at
2. allows for everyone’s
questions and opinions
3. provides a real time learning experience
4. no one method is extolled as the “holy grail”
5. is open to anyone willing to abide by very loose rules
6. provides a few laughs along the way
7. offers the benefit of experience of a very competent
trader
Thank you so much for your contributions
to this most excellent chat room.”
Belinda T.
“Uncle Mike's excellent commentary on the market is very much appreciated. I learn something every day! All day! Uncle Steve answers each and every question in a way we all can understand.”
John A.
“No BS, just experienced traders sharing their knowledge with people that have a desire to learn proven trading techniques.”
Sidney K.
“I would like to thank you for your continued support for the Teach Talk Trade educational chat room. The room has allowed for the flow of stimulating dialogue and the exchange of important information. “
George P.