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It appears by looking at The Day Trading Academy's terms and conditions they are part of the
day trade to win marketing group. I did not realize this so may be another thing to consider before
spending $$.
Thanks for sharing your concerns Welly192. Sorry you were had. I know someone else who had signed up too who proved the recaps did not match up with the blog result reports. Amazingly small effort in presentation for the $2k-$3k initial tuition cost, in their earlier incarnation and very 'fuzzy' rules and terms "like funny yellow line" for an "academy". A year earlier the bio info said he had traded 10 years. Now the bio says 8 years. Looks like DTA has gone affiliate central more like John Carter and the Busby's. More access to marketing refinement and help in "polishing" up the website.
Thanks for sharing, apparently this guy is still trying to sell his junk. He contacted me in a chatroom under username jh, pretended to be new to trading CL and asking questions for help on it, and I spent time answering his beginner questions. Then he asked for my email for more, and emails me from <[email protected]> saying his name is eddie, sends a couple 'OMG, CL' emails, then signs me up for his trading room/webinars without asking, which came from dave torry/marcello arrambide.
The worst part was his sales pitch, it's so bad it's hilarious. He asked for my entries/exits earlier in the week, when I sold 93.70s, scaling in on the way down, covered this morning at 91s. Then he tells me made 20 ticks today, and he's going to invite me to a room where they "PREDICT THE MARKET LIVE!".....lol.
After I did about 6 months of simulated trading there was not something clicking with his trading style. I can't put my exact finger on it but it seemed like I was getting worse instead of better. The way he taught how to read …
If you want momentum... why would you enter at equilibrium? You have significantly better odds of profit by paying attention to your MACD and price pattern divergences and getting in on the confirmed failure of mini trend off the MACDBB's. The physics of mathematics, man!!!... and psychology... Overexuberance will seek rest at equilibrium! Zero line is exhaustion of trend as is the midline
I saw the main man at a natural food/coffee shop in Medellin last week... still sporting the dopey ponytail... So wanted to do the "top bun clip"!
This to get your basic about MACD (watch all 3 parts)
I mean look up more, I spent like 2 days reading and watching and testing, just for BB's and MACD. But all the indicators that the DTA uses should really be good to master rather than looking at your 200 MA, 89 EMA, and the Zero line on the MACDBB. Their material pretty much says if one line crosses another, or your price is at MA, and you are at zero line take trade. Nothing in terms of understanding the hows and the whys.