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I signed up for your $4.99 trial. I enjoyed your commentary/knowledge and even made some $ selling nq. My issue was that I never got responses to any emails that I sent, other than the one that contained my phone number so I could receive text messages. My welcome email (hours after I signed up) stated " Our goal is to have excellent customer service, so please don't hesitate to ask me anything."
I'm wondering what the best email to use is to get questions answered?
Also, what do you get when you sign up to "earn while you earn"? Is there a chat room, chart images, training videos, or what? Felt left in the dark.
Although I'm following up a few days later, I want to mention that I did get immediate answers to my questions. It turns out that most of the issue was with my road runner email. thanks
Hey guys,
I just wanted to give everyone a heads up on trading with Matt and the MissTrade trading service. I followed them for over two months and tracked their performance pretty well over that time. They are profitable over a period but beware about the amount of risk you must be willing to accept. I would not recommend trading a live cash account with their ideas of less than $150,000.00, minimum. They tout "1 lot trader" all the time, but to have the same average fill you would need to scale sometimes up to 6 or 8 lots. When they send out the email about "1 lot trader netted xxx.00 dollars today" you have to understand they are taking their 4, 6, or 8 lot position, and dividing it down to the 'per contract' profit amount. So, somewhat deceptive there. If you're not prepared to take 30-40 points of heat on the NQ, or 250 ticks on the CL, then I would do what I did and track them with a sim account. All in all it's not a bad deal if you don't mind being spoon fed. My advice, learn to trade your own style with what your risk tolerance is according to your trade plan.
NARRATIVE For 7-16-13
July 16, 2013 · by Matt Davio
Even though the markets acted like they were closed we crept up and tagged the 1680 target area today. Today’s $ES volume couldn’t get over $1 million contracts (829K today). Regardless we keep floating up. A pullback would be welcome and we could see one in a couple of days. However, do not chase the market up at these levels. A nice pullback will give you a chance to hop on board. If you are long then stay the course, you could have taken some off at the 1680 area. Pull up stops and lock some in. CPI is released in the AM but the real fireworks will come Wednesday and Thursday when Uncle Ben testifies on the Hill. It will be interesting to see what the puppet master has in store for us. Have a great Tuesday. Trade well.
If you have any questions about the products or services provided, please send me a Private Message or use the BMT " Ask Me Anything" thread
Don’t let the small break fool you. A small double top lead to the small dip today. The volume was still very low (just over a millions contracts traded on the $ES). Today was most likely a few people unwinding some positions in front of Uncle Ben talking tomorrow and Thursday. I don’t blame them…I am not a big fan of holding into a puppet masters speech. No telling what that guy will say…so best to cover some and lock in profits. Also, if you are a newbie trader best to sit out the next two days. The market will most likely have some crazy swings before finding a direction. Up in this area a pull is needed but 1700 is calling the name of many a trader. There is nothing wrong with waiting for a better day to trade. Remember, successful trading doesn’t mean you have to trade every day. Have a great Wednesday…trade well.
If you have any questions about the products or services provided, please send me a Private Message or use the BMT " Ask Me Anything" thread
What a love fest…I usually don’t watch Uncle Ben testify on the Hill but today, for some reason, I was drawn to his testimony. This will be the last time I probably tune in…it was a slobber fest of appreciation and gratitude rather than a true testimony. There was no real shockers out of today’s party. Uncle Ben finishes his “testimony” tomorrow and we will sit and see if the “buy ben” indicator kicks in and takes us over the 1680 area. Nothing to do in this area. Summer volumes have shown up. Alot of wait and see. If you are over trading in this junk or trying to scalp your way to riches…please stop before you empty your account. There will be better days ahead. This is “keep your powder dry” territory (unless you have been long from the last buy area). Have a great Thursday. Trade well.
If you have any questions about the products or services provided, please send me a Private Message or use the BMT " Ask Me Anything" thread
Uncle Ben got his indicator working early in the day but it took Google all of 3 minutes to kill it. The market bounced above the 1680 level and ran to 1688…but the google earnings announcement erased a good portion of that move…in about 3 minutes! So, was this a blow off top? Could be, but I am cautious because volume was low on the move up. Usually blow off tops max out volume before getting people stuck. Today’s move actually closed above the 1380 level and it took an earnings event to pull the market down. One company usually isn’t strong enough to reverse a market on a dime…however we have seen crazier things over the years. I am all for a pullback. We will be looking for areas to re-enter long with targets around the 1700 level. Sit tight and wait for it. Tomorrow is options expiration…so be cautious. Lots of weird moves usually happen on these Fridays. Also, volumes are seriously low so be extra picky about setups. Have a great weekend. Trade well.
If you have any questions about the products or services provided, please send me a Private Message or use the BMT " Ask Me Anything" thread