Testimonials,
Stories, and Letters - 1997 to 2005
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Hello traders.
My name is Greg Murciak, aka “gregm' in the chatroom. My interest
in trading began back in the spring of 2000, but I guess you could
say I have had an interest in it all of my life. Back when I was
very little I use to look in the newspaper and pretend that I
knew what all of those crazy numbers meant, lol. But,it wasn't
until May of 2000 that I finally jumped into trading, knowing
absolutely nothing, only the crazy stories about the wild market
that I was hearing on television every night.
Long before jumping into trading tho, I started a family with
my wife Debbie at a very young age, and as a result, never went
on to college. My family urged me to go, they were even willing
to pay for it, but with having a child, and my wife and I having
to make the monthly bills, I could never envision enough time
for that. As a result, I meandered my way through various, unskilled
factory jobs, all of which were miserable. “Putting my time in”
was all it felt like to me, BUT, I was very happy with my son
and wife.
Shortly before I began trading, I had taken a test to work for
the United States Postal Service, which for a guy with no college
degree, is a pretty good paying job. To make a long story short,
I got a pretty decent grade on the postal exam, and as a result,
got an offer to deliver mail pretty close to where I live. This
offer coincidentally came around the same time that I was jumping
into trading. Now it was decision time. Either take the sure thing,
or follow my heart. As good as a job as it might be, I did not
want to deliver mail for the rest of my life, living for the weekends.
So, I went with my heart, chose trading, and passed up the offer.
Living on credit cards and enough money to open a trading account,
I began my journey. All I had was a tiny laptop computer, no desk,
an awful broker with delayed quotes, a 28k connection, and a dream.
I used to sit on the floor in my bedroom and watch CNBC, sending
a buy for any stock that they might be talking about, knowing
absolutely nothing about what I was doing, lol. I was quickly
making money, blindly. No stops, heck, didn't even know what a
stop was. The luck ran out quickly, and I was now losing money
even more blindly than I was making it.
Anyone who is reading this, that has ever had a dream, a desire
to do something, knows exactly what I am talking about. I KNEW
that there was more to this, that this was my niche in life. It's
funny, because never even once from the very beginning did I start
trading thinking that I was going to be an instant millionaire.
I just felt a calling to the numbers, and I TRULY enjoyed trading,
from deep in my heart, even tho I knew absolutely nothing about
what I was doing, and the fact that I was going about it in all
the wrong ways, lol. Natural progression I guess, lol.
To say the least, I was now very confused, and downright horrified.
I felt like I was jumping off of a cliff with no parachute. Having
a wife and child, time was running out. I KNEW there was more
to this, but at this point, I was now second guessing my decision
to trade, almost wishing I had taken the easy path. I was at a
stumbling point, and as fate would have it, I looked up and saw
an ad on CNBC for “Mtrader”. The rest is history, and by no means
has it been easy. But, with the support from my wife Debbie, my
son Ryan, and other family members, I have continued to pursue
this dream of mine.
I have come miles from sitting on the floor with a laptop, lol.
The wins, the losses, the heartaches and good times, I have had
in trading are what keep me coming back every day. I cannot even
begin to think of a job that provides more freedom than this one.
I would have to say, that the freedom is what I enjoy the most,
it's a feeling that is almost too complex to put to words. But
like I have said, I could not have done it without my family.
Every day is a challenge, and through all of the heartache at
times, I am still glad I followed my dream, but I am constantly
learning, and on some of my WORST days, my son unknowingly has
eased my thoughts. He is twelve, almost thirteen years old now,
and watching him grow up has kept me going.
For other hobbies besides trading, I enjoy walking, either by
myself to sort out my thoughts after a day of trading, or with
my wife and son. I also enjoy relaxing at night by watching some
television. My favorite shows would include, The Sopranos, CSI
Miami, and many others. For movies, I would have to say my two
favorites are “Goodfellas” and “Casino”. That's about it everyone.
Trade smart, and if at all possible, FOLLOW YOUR DREAMS! ;-)
Greg Murciak
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My name
is Paul Coady and I use the nick cchpgc. I retired in January,
2001 after 25 years in commercial real estate management. It was
a great career but I was ready at age 49 to start a new chapter
in my life. After 18 years in Chicago my wife and I built a new
house in Tucson. I had played around with trading stocks and watching
the market when I could find the time while working. Not the best
way to trade but I was learning. I found Mtrader about 4 years
ago and was impressed with what I saw but at that time was not
subscribing to any services. Prior to my retirement I researched
a lot of sites and was trying to determine how I would develop
a trading system. I kept Mtrader in mind and after all my research
determined that it would be beneficial to become a full time member.
That was over 2 years ago now and the room has continued to improve.
I think the help that you see each day in here and Phil's room
are a great benefit to all the members.
I have learned quite a lot during this time and continue to evolve
with my trading style. It is not perfect but this year is much
better than last year and I am hoping to improve.
I really enjoy the help we give each other and think that the
trading system sharing that goes on between the traders is very
helpful. There are always people that are willing to help new
traders with their concerns and to provide helpful advice.
Paul Coady
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My nickname
in the room is ‘docneuro'. I have been in the field of neuroscience
for over 15 years specializing in olfactory disorders. Over 10
years ago, while I was doing research on kinetic properties of
neurotransmitter receptors, I realized that the same method could
be used in predicting the movement of equities. Armed with my
‘secret weapon' and limited capital, I started to trade stocks.
After my beginner's luck ran out, I suffered significant losses,
even during the early phase of the bull market in 1990s. One of
the reasons was that I overlooked one important factor: psychology
of market participants, a variable that couldn't be described
by numbers. After a trade went the opposite way, I would search
for proof that other people were wrong. I refused to admit mistakes.
How could I be wrong? Soon I lost almost 80% of my trading capital
and was forced to stop. I decided to get educated in finance and
market mechanism by reading as many books as I could in basic
financial concept, stock pricing and market psychology. I also
spent lots of time with a master trader, watching him to enter
and exit trades and act as a market maker for several stocks.
These helped me to climb the learning curve quickly.
In 1996, I, along with three partners, started a venture capital
firm, Millennium Capital Partners, as part of the Biotech Corridor
Initiative in Los Angeles. It gave me deeper understanding of
the biotech industry. With some unused venture capital and profits,
we opened a trading account in the summer of 1998. Several months
later, US market was hit hard by the Asian financial crisis. I
was fully prepared by that time and took great advantage of it.
In late 1999, we separated the trading account from the venture
capital operation and started LYPS Investment Partners, an actively
managed investment fund focusing solely on the biotech sector.
While I was flying high, pressure started to build. I had too
many duties and each demanded more and more time: professional
activities, general partners for the venture and trading fund,
teaching and research positions at Caltech, managing my own accounts…
In early 2002, I basically reached my limits, both in time and
energy.
Early last year I decided to start short term technical trading
as a way to reduce my time spent in market research. The first
thing I did was to find a team of mentors to put me on the right
track. A friend recommended this chat room and it's been a wonderful
experience for me. This is such a unique place for traders at
all levels; a place to relax, learn, share your joy and seek comfort.
I found many friends here from all over the world. In late last
year there was significant turbulence in my life. I discovered
a brain tumor about the size of a golf ball during a routine physical
checkup. It was a devastating psychological blow to me. Again,
friends in this room helped me to go through the difficult times.
I didn't give up. I will never forget the moment when I first
logged back in the room two weeks after a complicated surgery.
This chat room is like my second family. I will share my experience
and information with fellow members and make this room a magnet
for momentum traders worldwide.
Beside my professional duty, I am a general partner of Millennium
Capital and co-manager of LYPS Partners. I trade stocks and options
from my home and office. I have a very supportive family. My wife
Bo is a mission specialist at JPL and we have a 10 yr old son
Allan and a 5 yr old daughter Mindy.
Steven
Zhang
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Hi Gimmie,
Just a few words to thank you for the course you have given over
the past 8 months or so. Reading last nights class about how after
6 months you think you know a lot, then another 6 you look back
and think "no I didn't" is so true! I will be enrolling
in the new class when it starts.
I know my trading both paper and live has improved thanks to yours
and Ken's teachings and now that I am tracking (honest), every
day I feel I am learning so much more about the market. Personally
I still have a way to go to reach my goal of a consistent 1/2
point profit per day but it will come, I am in no rush as this
is rightly as you have said a business and long term. I have in
the past made money from this market fast and lost it faster,
so I am a safety player, if it takes time so be it!
Enough of my ramblings, but just to let you know we all appreciate
you, even if some like me do not say very much in the room. I
like to listen and learn, I am not qualified to comment on any
trading in the room so I leave it to the experts. One day I will
be!
Kevin (miltus) & Michelle
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I just want to take a few moments to express my appreciation to
you without having to detract from the trading day. Much like
your father, I have been in small business for a long time, and
much like him I became very fed-up and frustrated as it has become
harder and harder and less and less enjoyable to run a business.
I have fussed with investing for a long time, did some commodities,
but was never very serious. About a year and a half ago I decided
that the time had come for me to get serious about being a trader.
So, I bought a bunch of books of books, read 'em, opened me an
account with a direct access broker and jumped in. Looking back,
I must have been out of my mind, and I was lucky to survive! What
a babe in the woods! But, I did survive, and I slowly learned
on my own for a little over a year. Then, quite by accident I
stumbled onto Momentum Trader. I was actually hooked by the daily
trader postings, but after I checked out the site, I knew there
was a lot here for me. It has been a great experience, Gimmie,
and I owe a vast debt to all here. You, however, I owe the most
to. You are a really fine teacher, maybe even a great teacher.
You have the tact to handle big egos, and the patience to spoon
feed us idiots. I am deeply grateful to you. I truly love trading,
I have never had so much fun in my life. I can hardly wait to
get to the office in the mornings to get started, and those feelings
do not change even when I am losing. Because of this site, and
especially you, I now KNOW that I eventually be very successful
as a trader.
Warmest regards,
Catman
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I joined MTrader in November 1999 after daytrading for about 4
months. I had struggled to that point, initially losing about
30% of my trading capital and fighting back to the break even
point. Up to that point, my trading was inconsistent and I lacked
the ability to recognize good set-ups, let alone have a trading
plan going into each day. I went from chat room to chat room,
trying to find somewhere to learn actual strategies and not just
following someone's "trading calls". When I first found
MTrader, I stayed up all night reading Ken Wolff's trading workbook
and was amazed at what I read. Using Ken's "dumper"
and "gainer" trading stategies, I immediately began
realizing consistent profits in my account.
I'm proud to say my account has risen over 200% since joining
MTrader, but more importantly it has risen consistently with very
few down days. My biggest trade ever was 2 points on 1000 shares
which goes to show that by following the MTrader strategies and
taking small profits along the way, it is possible to make a great
living daytrading.
MTrader has directly helped my trading ability, but indirectly
they've helped me earn a lifestyle I've always wanted: to be able
to work for myself, on my own terms, with all the rewards of my
hard work being paid to me.
Thank You,
Greg Windom
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I want to tell you that you have turned my Day trading career
around. I have gone in the past four days, from 8 months of intermittent
profits to constant profits....... In four days , 50 round trips.......
44 profitable
after all broker commissions!!!!! 6 losses..... and only modest
ones........I HAVE NEVER EXPERIENCED SUCH A GOOD RATIO ..... Net
result $4750 net, using $25,000 capital. No overnight holds. No
worries. Watch for me in the trading chat room under "roblat".
Your system is not brain surgery ....it is better.....and painless.....Many
thanks
Robin H. Latham
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I would like to say something about my own experience with Mtrader
from the heart . I have only been a member here about a month.
I have tried and trialed several other services for aspiring daytraders.
I was initially attracted to this one because of the focus on
discipline and education. But I had been burned a bit by some
of the other places I had tried so I was a bit cynical when I
first came aboard here.
In fact, I got into a couple of trades that I should not have
been in, looking for the 'new traders' were clearly told to 'stay
out of this one'. But I didn't know how to handle what I was undertaking
and I paid the price. That humbling experience made me focus on
the Class Room and what Ken and Gimmie are trying to share with
us. Then I began to understand what they are providing for me
here, and I began to become a much more discerning trader because
of it. I am still a new trader, no matter how much I think I may
know. But I must honestly admit that this is by far the best fo
far the best forum that I have ever experienced.
I believe that Ken really wants us to make it. I believe that
the potential is there. If you want to be successful, I would
tell you to go nowhere else, but I also must tell you this:
1. Study the materials.
2. Listen to what you are being told.
3. Do not follow trades that you don't understand just because
you want to make a lot of money, these people know what they are
talking about.
4. Take it slow and easy, start small and any losses will small.
Nowhere else, to my knowledge, will you find what is available
here. The people, both owners, pros, and students, are all sincere
and the most helpful I have ever seen. I have nothing but praise
for them and the patience they have taken with me. I made what
to me seemed like a fortune in the last 3 weeks, all because of
good guidance and teaching day to day from these people who I
have grown to admire and respect. Then I strayed from the path
and teachings, held some stuff overni Then I strayed from the
path and teachings, held some stuff overnight, and took a hit
that I would never wish on anybody. It was nobody's fault but
mine. I have been dealing with this all this week. And I have
honestly admitted it to my teachers. Teachers and other students
have shared their horrer stories with me, have shown me compassion
and understanding unlike I have seen anywhere else. They have
also busted my chops for doing what I did. And they have clearly
told me that if I persist in this behavior that I will not survive
as a trader. THEY ARE RIGHT!
If I can give you anything at all that may help you this would
be it. The path and the intent and the possibilites here are for
real. But ultimately it will be up to you to become trully successful.
Theycan provide the tools, but you must learn and achieve what
it takes to know how to use them effectively. It is the hardest
work you will ever undertake, but it also could be the most rewarding.
If you don't listen to what you are being taught, if you don't
make it part of your life, you will fail. Its that simple. Gimmie
is your guide to your future if you decide to stay here. Listen
to her and you will become a 'graduate', you will attain the skills
required for survival. Never forget, trading is like war, you
are taking money from someone else whom you outsmarted And they
are trying to take money from you. It is not like Poker, if you
think it is then you will lose more often than you will win. You
cannot play poker with the market. But, on the war theme, you
can choose which 'hill' to take, when to take it, and when to
give it up.
If you can learn to do this you will become a good trader. I hope
I can learn to become a good (successful) trader. But don't let
your mind or your friends tell you it is easy. Again I say, it
is the hardest thing you will ever undertake to do. If you have
searched for a place that best offers you the potential to accomplish
this, then search no further. This is my conviction at this point..
After 1 month And I still cannot guarantee I will 'graduate'.
Thankyou, I am done.
"nochoice"
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I found
out about MTrader from two very satisfied MTrader customers at
the DayTraders Expo in Ontario, CA in September 1999. There was
a lot of hype at the Expo. But not at MTrader. I was impressed
with the sincerity of Ken and his two associates, and his trading
style really appealed to me. It seemed to me that Ken had systematized
much of what I had sensed about the market into his scheme of
gainers and dumpers. I spent probably 25% of my time at the MTrader
booth and I'm sure Ken was pretty sick of me by the time the Expo
was over! I bought the MTrader interactive CD/ROM course, studied
it, and it made a lot of sense. Then I signed up for the one-week
free trial. I was hooked.
It was much better than I had imagined. You get not just Ken,
but Gimmie too. And there's more. Classes every day in the daytrading
room. The atmosphere is like a family and I think we all have
fun. The MTrader people are not just traders, but TEACHERS, and
they care. And they are VERY talented.
I've been a member now for about two months, and am learning a
lot. Although I have a ways to go, I have stopped consistently
losing (which was the case before I joined MTrader) and am now
profitable most of the time (and I'm writing this on a losing
day). It's also heartening to see how well the more seasoned traders
like whale (whale recently made $100K in a day, a--WOW!). I regularly
see traders making thousands of dollars in a morning. I learned
first hand this week the possibilities in trading when I risked
$1800 for about 30 minutes and pocketed $600 trading VONE. I could
easily have risked 10 times this much, but am not confident enough
yet. One day in the not too distant future my confidence will
allow me to make that $6K trade. ;-)
In short, I looked for a trading system and environment for nearly
six months before stumbling upon MTrader. Trading isn't an easy
business, but it's fun, the potential is unlimited, and I think
MTrader is the best place to learn how to get there.
Shane, Cambria CA, December 1, 1999
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MTrader
is by far, if not the best, definitely one of the best training
programs for traders around that I have come across so far. And
I have seen
many of them. I like the fact that the methods used here are not
black box type of
signals. This method requires you to learn what the market is
actually doing, Right Now!!! By learning to trade this way, you're
not just simply following calls, you're actually learning how
to trade. I have been short term and day trading for almost 4
yrs now. and one of the biggest problems that I have is my anaylsis
of the market conditions, not being able to read the mkt correctly.
and this is probably due to the fact that I cannot seem to stay
with one method long enough for it to work, or that I am confident
enough to stick with it long enough. By seeing the actual real
time calls
and then dicussing it further with the staff helps a great deal.
wallst
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I've recently
joined and I wanted you all to know what a fantastic job you're
doing. I've been trading on my own for almost a year, and have
lost almost as much as I've
made because my vocabulary lacked words such as "keeping
stops" and "changing
market". Not only am I gaining a deeper understanding of
the market while perfecting my trading skills, but I'm trading
more stocks with less stress because you're all there to confirm
the possibilities I identify. And although there are excess chatter
from time to time, the humor adds enjoyment to days that would
have bored me into submission if I was alone. It's very rare to
find people who are truly knowledgeable, can convert their knowledge
into action, and are willing to help others learn and profit.
I really didn't expect you to live up to your promises, but I'm
happy to say that the benefits of membership go way beyond what
your website advertises.
Thank You.
Oh, and one more thing, did I mention I made a whole lot of money
today?
Thanks Again,
Michael T. Corbin
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Hi Ken,
You will no doubt be flooded with email due to today's commentary
in the chat room. I am two weeks new to the chat room and am incredibly
impressed with the professionalism of the people that subscribe.
I can not tell you how surprised I was that so many people are
so willing to help each other learn and share information.
I gave up my day job (online sales manager) so I could travel
with my
husband on his business trips and to start a new career trading
stocks. I
was initially concerned about getting bored and lonely working
from home until I found the MTrader Chat Room.
The service that you have set up is a tremendous credit to yourself
and your staff and I am very grateful to be able to be a part
of it.
Cheers
Meags, San Francisco, CA
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After 6 months of day trading I have finally been taught how to
do it right! I joined MTrader this February and was quickly pointed
to their on-line training class let by Gimmie. In the training
room I have learned how to accurately trade Ken Wolf's methodology.
Gimmie has shown me how to best predict the most likely candidates
for long and short positions. Best of all, she has imparted discipline
and patience into my trading style. After 3 weeks of live trading
in the training room I am averaging over 1 point gain per day
and have a 70%+ success ratio.
Thanks
Dave Winters (aka RTC)
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Ken,
I just wanted to say thanks. The five months I spent as a mtrader
member
turned around my trading career. It's as simple as that.
Doug Boitz
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Dear MTrader,
I started daytrading in September of 1998. It was so easy (or
so I thought)... I made good money for three months. Unfortunately
I realized I was having a beginners lucky streak. I started losing
money the fourth month. Decided to read as many books as I could,
and tried to find a method that worked for me. December of 1998
was my first month of losses. January I did a little better, but
was still a losing month. February started lousy, and I realized
I was on my way to the worst month ever. My trading account dwindled
down to almost nothing. I decided to join Ken's room in the middle
of February.
I have since learned discipline and the value of (and how to spot)
low risk, high percentage plays. I did not immediately see a difference
in my account, and in fact continued to lose money that month
(February). March started out ok, but it was obvious I was headed
south again for the month. In mid March, things began to turn
around. I really started using the discipline I knew I had to
use (knowing it and using it are two different things), and I
finally ended a month positively (with good sound trading, not
beginners luck). Even had to come from a pretty good deficit to
do so.
I realize I have a long ways to go. And there are a few areas
where I need more discipline. But I feel with this discipline
and the methods Ken teaches, along with the support of other members,
I am on my way to recovering my daytrading losses. And then, of
course turning them into a profitable venture.
To me, the biggest value of Ken's room, besides learning these
great methods are the many people that support and help you not
only technically, but emotionally. This room is all about helping
fellow traders out. There is no feeling of competition, or pressure
that you have to battle it out with everyone else present. Good
luck finding that in other trading chatrooms.
Thanks Ken and MTrader!!!
-Rick (Task)
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I started with Mtrader about six months ago and was the best thing
I ever did. I paper traded with Ken's methods for about a month
before trading real money. Started with about 15,000 and doubled
my money in three months. Learning to keep stops and spot bottoms
has been most successful for me.
The great thing about Mtrader is always learning new methods.
About a month ago Ken sent an email on position trading. I applied
his methods to AMZN . Bought at 87 7/8 held for six days, longer
than any trade I have ever done, for a profit of 40+ points.
Being in a trading room with 300+ people makes trading so much
more enjoyable and profitable. Thanks everyone at Mtrader.
"Hooked" Austin, TX
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I started trading with MTrader in early November, 1998. At that
time, I had a total of 3 mos. experience as a day trader, and
a most unfortunate experience it had been. I was down $34,000
. I discovered Ken through his ad on my broker's web site ( Cyber
Trader ). I tried the free one week offer, and at end of day two,
I sent in my subscription....... I may be a little slow to catch
on to day trading.......but I can surely spot a winner in people!
The book came,and I devoured it, couldn't believe that day
traders actually sold stocks when they were doing sooooo well,
and bought them when they appeared hopeless. And who ever heard
of shorting a stock at the open.......or buying a stock at the
close for the "gap play" ?
Well, I decided to try these methods, no matter how absurd they
seemed to be. My first trade was an open short on CIEN for 2 1/4
points.......I was astounded, surely this was a fluke,......no,
it actually worked repeatedly.
Happily, I moved on to gainers,dumpers,gappers, and news stories.
Then came position plays.....I'll never forget that first short
on YHOO, it was trading around the high 180's, Ken recommeded
a short with a stop @ 198. In my wildest dreams, I never believed
Yhoo would test 198,........but it did...........and who would
have believed it, 198 held !
I latter discovered in class,why it held.....the big 200 barrier.
Happily for me YHOO traded back down in a few days to a profitable
level.
I can't stress enough how important the classes have been to me.
It's comforting to know that in the future, this knowledge will
be mine........forever. I'm so thankful Ken has been willing to
share his infinite knowledge acquired over the years, thus making
it possible to shortcut the school of "hard knocks"
! Gimmie seems to be able to teach
Ken's methods even better than Ken can teach them. All in all,
this organization is an unbelievable Bonanza for folks like me.
The comraderie in this room is an added bonus..... there is always
support when you are struggling, something we all experience from
day to day.
A final thought, No one I have ever met in this world is perfect........not
even Ken........but the greatest thing about this guy is his honesty!
Even on the very rare ocassions when he is wrong.......Ken is
always faithful to admit it ! A great attribute this day and age,
when good character is so hard to find. And by the way............that
$34,000 I was missing when I found this room...............It
came back home, and I believe that many times over will follow.
A Happy Trader,
Bob B. Thomas
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I began my pursuit of daytrading in the spring of 1998 when I
first joined Ken's room. I had a few initial successes, but frankly
struggled early due mainly to my impatience and not completely
following Ken's teachings. Having been successful in many walks
of life, I basically thought I could short-cut my way to success,
which cost me dearly during
the late summer and early fall market volatility, and all but
destroyed my capital and confidence.
I then decided to take a few months off to reflect on my errors,
during which time I realized the substance behind Ken's teachings.
I decided to return to my MTrader roots in November, and was determined
to follow Ken's formal learning program including initially trading
small lots to boost confidence, eliminating low-percentage plays
and times, taking his daily lessons to heart, and tracking gainer
patterns in painstaking
detail every night.
As a result, I found myself immediately correcting my errors and
netted $12K in six weeks at a 75% success rate ? all on only 300-500
share lots! In less than two months, Ken and his team were able
to instill a newfound confidence and discipline in me, and I now
find myself actually anticipating Ken's calls with surprising
clarity, occasionally placing the trade before he calls it.
I owe the turnaround and current success to Ken and his team,
whom I consider to be among the finest and hard-working professionals
I've ever met. I will no doubt continue to look to them for guidance
as I seek to increase my lot sizes and profits, and look forward
to a long term relationship with the MTrader family.
"badger"
Madison, WI
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Dear Ken,
Before I first started with you, I was in another room that almost
had me on the verge of quitting trading. I had lost almost all
the money I started with. The first thing i noticed in your room
was your willingness to have an open forum. You actually taught
classes. This made a world of difference since I had no idea of
a methodology for trading. In fact, after having such a bad experience
previously I was totally confused on what to do. I read your book
and studied the class notes and watched for a short time.
Quite honestly I did not immediately start making a comeback.
I slowly had to learn what patterns you were looking for and the
timing of the trade. After learning to keep stops (which is an
never ending education) and learning how to execute my trades
through different routes, I started to make progress. You taught
me patience which quite frankly is not one of my greatest virtues!
I am a Doctor so I cannot always catch the first hour or last
hour of trading. But I do the trades that I can during my down
time at the office. I know I could be more successful with more
flexibility in my schedule.
I want to thank you for your complete honesty. You are someone
who can be trusted. I know you truely care that each trader has
a successful experience. In the past year I have gone from almost
quitting to now my Portfolio is up 93% for the year! Next year
I look forward to making even greater strides! You are the Best!
Sincerely,
Dr. S. Willen....(Hootie)
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I've been in three other chatooms and after only 2 days in MTrader,
I must say that it is the most professional, and successful chat
room I've ever seen. While other rooms are claiming that their
leader knows all and can call stock prices perfectly (which I
can assure you is not true), Ken focuses on real recommendations.
What I like is that there is always a concrete reason for any
given trade, not just a hunch. In addition, Ken has absolutely
no ego and by limiting losses to 1/8 point or so instead of covering
them up, we all focus on hugh gains. I am already a better trader
and by using techniques such as conentrating on first day gainers,
dumpers, etc... (which you will all learn about after you sign
up), you too will become a better trader. This room is not for
people who want to blindly "follow the leader". You
will lose out in the long run that way. This room is for serious
traders that want to sharpen their skills, learn new techniques,
and be able to consistenly profit from the fluctuations in the
stock market. I urge everyone to give it a try. I am averaging
about $300 profit per day consistently trading 500 shares and
I expect this to increase dramatically as I become more comfortable
with Ken's techniques.
Good luck all!
Marshall Taplits
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Dear MTrader,
I am 32 years old and my wife and I have been self-employed for
5 years. I have a flexible schedule which allows me to trade from
my home-office. I opened an on-line trading account in October
1997 the week of the Black Monday anniversary. Since that time
approximately 1 year ago, I have read many books and have made
many trades. I didn't start out undercapitalized, but I've come
very close to $0.00 on several occasions.
I traded part-time on my own for about 8 months and eventually
found my way into chat rooms for day-traders. It was fun to find
more people trading like I was... Hehehe, we all look exactly
like that guy in the "Fox Brothers" commercial. Most
recently, a little over two months ago, I signed up for a 2 week
trial in the chat-room sponsored by Ken Wolff at mtrader.com.
This chat-room was totally different than the others because it
was led by a professional trader. I was only able to visit the
room
about three times before the trial period expired; however, the
trade logs kept coming by email. My wife was already paying the
real-time quote invoices for $300.00 per month and I kept wondering
aloud about two things: 1) "When am I going to keep a $300
profit to cover the rt quotes?" and 2) "How will my
wife respond if I introduce additional fees for a chat-room?"
(I was executing 75-100 trades/month and constantly breaking even...
profits left as fast as they came in. My broker was the only one
with more money at the end of the month.)
My wife and I agreed to 1 month in the MTrader chat-room. I read
Ken's materials and took $2,500 off the table on the first day.
Needless to say, the room paid for itself, the real-time quotes,
and our mortgage.
Here is what Ken Wolff at MTrader helped me understand:
1) Pull the trigger on trades that have the highest percentage
of moving in your favor. Previously I was chasing stocks.
2) Pull the trigger on the stops. Sometimes the stocks I chased
turned to be profitable, but I would fall in love with the trade
and bail out after it had turned into a loss.
It has been 2 weeks now and after 5 trading sessions I have increased
my trading capital by 83%. Thanks for a great 2 weeks MTrader.
Sincerely,
"Fluke" - Schaumburg, IL
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Dear Ken:
I have been a member of mtrader for about six months now. My screen
name is birdhuntr. I wanted to take this opportunity to thank
you and your staff for verything that you do for us, your members.
Ken, your calls are excellent, high percentage trades.
Over the past six months I have been doing
a lot of paper trading of your calls and playing the OEX. I still
have problems with my hesitation, as, in the past, I have lost
a significant amount of money by following someone blindly, without
knowing what I was doing. You have educated me to the point where
I am going to start trading with
small number of shares. Without the educational aspects of your
service this would not be possible. I am 39 years old (about to
be 40), married with twin 5 year old daughters. I have been living
off of accumulated savings for the past year and would have enough
for the next six months to 1 year if I needed it. Trading is what
I want to do for a living.
Ken, I thank you for the time you put into your service, your
emphasis on the educational part of your service, and the way
you treat each trader (with respect). I hope to be with you for
a long time. It is an honor to be in the company of such a professional
and personable group of people.
Sincerely,
Robert K. Brown, PEARLAND , TX
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Ken offers a rational, reality-based approach to consistently
taking dollars
out of the market by daytrading. Ken identifies patterns that
recur in the market and shows how to identify when those patterns
are strong enough to yield high percentage success. Ken is also
able to identify tops and bottoms in the normal daily flow of
prices is simply icing on the cake. I recommend MTrader without
any reservations.
Dan Lind (Samatar),
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Dear Ken,
I've been trading with Mtraders now for about four weeks. After
losing money in "other" trading rooms where calls were
made, I found MTraders. Your approach to trading suits me well,
since you explain "why" and "how" on every
call you make. The first few weeks were a little tough as I had
to get used to your methods. (I would suggest paper trading with
Ken a few weeks, until one feels comfortable with his calls and
methods.) Last week, the Thanksgiving holiday week, I consistantly
made money every day (even in a thinly traded "holiday"
market). I have started this week with two winning trades, one
short and one long.
Trading is a tough business and I have found that many variables
come into play; your method of trading, your broker, and your
individual tolerance for risk. For myself, I have found that trading
really fast moving stocks is not my "cup of tea" since
I am unable to get in and out quickly enough for a fast mover,
so I avoid those kinds of trades. I also never enter into more
than two trades at a time as I have found that it is too hard
to follow as closely as I prefer.
Trading can also be a lonely profession but the group in MTraders
provides mutual support and helps lighten up the day. The MTraders
group is a serious, professional group but we do make trading
fun too.
Thanks, Ken, your MTrader group is just what I've been looking
for.
Regards,
Don Auderer (Quick), Texas
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"Ken's ability to call the bottoms, and the tops can only
be summed up this way: He must have a psychic friend!"
Buck Macklin, Winnipeg Canada,
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"About six months ago I began trading. Knowing that I had
much to learn, I entered chat rooms and tried to listen and gather
as much information as possible. Although I planned to simply
be a bystander until I gained some experience, I succumbed to
the hype. Yes, I bought stocks that were "Flying" and
"Going to the moon", only to end up with losses. The
learning process had proven to be very expensive.
Blame if any, must be shared equally between my ignorance and
naivete. I was in well over my head and did not know it. Disillusioned,
I was ready to quit when I received an invitation to Ken's room.
Now I am being patiently taught the proven methods of an experienced
Professional Day Trader and making money in the process. It is
very different in Ken's room, there is no hype of any kind. Members
are advised as to when to buy a particular stock and, at the same
time, the sell criteria or exit price is given. Ken is a teacher,
a guide, and continues to amaze everyone with the accuracy of
his calls."
John Pagano, Fl
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"Since trading with Ken I have made 109 trades, with only
11 losers"
Ricardo Girona , McClure, OH
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"I have daytraded for 3 years and have never seen anyone
more successful picking entrance/exit points then Ken. His knack
for calling the tops and bottoms is astounding. It is almost like
a sixth sense. He combines this talent with a little humor but
adds no ego to spoil the mixture. This is the place to be if you
are interested in learning the methods and theory behind day trading."
Mack Hils, Moberly, MO
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