Hot Comm Room
WaveTrader HOT COMM MEMBERS ROOM
Learn the nuts and bolts behind our Price Action Trading Method
"See it to believe it!"
WaveTrader Members fee is only A$250 pa. Join now and start learning our method.
Our members are seriously dedicated to day trading the S&P
Bryce Gilmore regularly attends to provide recaps and current S&P set ups prior to RTH market hours.
additional HC subscription fees will apply but they are your responsibility (see below)
Members will need to additionally subscribe to either HC Lite US$ 189.95 p.a or the HC Standard US$ 239.95 p.a. (this is a better option) - they also have monthly rates. http://www.hotcomm.com:80/order.asp
The PRICE ACTION METHOD will teach you rules to follow to determine the market direction as well as anticipate potential corrections or intraday reversals to within 3 ticks of where they will occur. Learn to trade counter trend and with the trend as the day progresses.
Our Hot Comm Internet room provides us with a medium for
Live presentations using Voice, Text and streaming live charts.
HC instantly reaches worldwide without the necessity for travel; our training program can be conducted on a regular basis without ever leaving the comfort of your own office.
For your information the WAVETRADER2007 room is on RELAY 2. It has a password which will be released to paid up members.
Some comments I received back from our students:
Bryce,
I just wanted to thank you and let you know I really got a lot out of the seminar and your books. Your method compared to any other is like the difference between shadow boxing and an all out cage fight. Like comparing someone trained in a flight simulator to a true seasoned IFR pilot. There is no substitute for experience, trading your plan as you go and the REALITY of the whole situation. You called the market real time - no hind sight! Right in front of everyone's eyes. Now that's impressive.
I read some of Pesavento and Miner and am glad I finally made it straight to the horse's mouth so to speak. I know a lot of the trading authorities out there learned from you. I wish I started with your books sooner. It would have shortened the learning curve. No worries though, I'm here to learn now and glad to be part of the WT room.
Price Action is for me.
Also, the software really is a work of art, a true masterpiece!
Thanks again,
CL
Bryce,
What a treat is has been to have Aaron today. He is really excellent in every respect. One thing I am sure he has given all of your student/seminar attendees today is confidence that your material really works and can be learned and used successfully. Only a successful student of yours could do that, and I feel quite certain he was more than successful. I think it is somewhat like a parent telling a child something and the child not really believing – then when some third party tells the child exactly the same thing the child becomes a believer in what the parents have been saying.
Congratulations on a great seminar!!
Rick
Hello, Bryce!
I saw your trip photos and it was obvious the both Helen and you had a terrific time. Glad you got some rest and relaxation.
Upon reviewing your web site, you wrote that there could be another seminar in February. If so, once you have time and cost firmed up, let me know as I will certainly attend.
Have a great weekend!!
CSS
BBG - BTW CSS did attend the October seminar.
Hi BBG!
Here are Christoffer (Deaf)! FANTASTIC!!! I trader ten on two day and
did all 10 win and 0 loser, I make profit 17.75 point two days!!!
Thannnk!
From Christoffer!
Hi Bryce,
I wanted to thank you for setting me on the right course to trading
success. This year was my best ever, and next year will be phenomenal.
Happy New Year!
Chris.
Dr K,
You wouldn't believe unless we sit side by side for a day or two.
Others,
HotComm room is the only place where you can learn the method from Bryce. Or you waste your time and money going anywhere else.
Richard (HK)
09:27:27 {BBG} It's anyones guess where we go today until we see the form guide
09:28:17 {Mickey} Boss , great charts and analysis from you as always...great calls
09:29:08 {Mickey} time and time after the fact is proven that YOU ARE THE VERY BEST IN THE WHOLE WORLD...Thanks !
09:29:12 {BBG} Thanks Mickey just lucky again
09:29:29 {Mickey} no ...I disagree on this one
09:29:41 {Mickey} YOU ARE SIMPLY THE BEST
15:29:17 {Rainer<DE>} have a nice weekend
15:29:20 {Martin<EN>} Word to that....my best day EVER!
15:29:28 {Jim_S.} and the same to all you
15:34:05 {Rainer<DE>} nice - they could do that every day...
15:34:13 {Wayne_R<EN>} y
15:34:19 {Martin<EN>} Yep!!
15:35:41 {Rainer<DE>} we are sitting here hours over hours to see a range of 20 pts. But as one can see they can do it in just a few minutes. THAT is productive!
15:37:36 {Martin<EN>} Finally, all my learnings over the past few months came together over this past week. Today, I still got a few trades wrong, but at a nett +19 points for the day, I'm happy
ONE THING YOU SHOULD UNDERSTAND CLEARLY:
Is that my approach to trading intraday is a METHOD and not necessarily a system, because it is a method it allows for flexibility.
I have all the situations covered that come along that create the intraday opportunity fully explained in my PRICE ACTION manual. All you need to do is read PA and study the market each day to confirm it to yourself.
90% and even more of the daily volume today is generated by day traders.
The trading ranges these days allow you to take advantage of minor events without the need to hang into forecasts that may or may not let the systems work as they think they should.
I do not give investment advice to anyone, anything I have to say is about the moment and where you should focus in the short term.
Our PRICE ACTION method let's you take control during the intra day and does not promote the holding of any positions overnite; although for those who wish to trade longer term, the PRICE ACTION method is a great way to enter positions at the right time and with the least risk.
In a normal trading week using my method you should be able to identify 100 potential trades that have a high probability of becoming winners. Using my method even if 50 of them do not perform as you anticipated my stop loss approach will get you out with a minimum of loss (6 ticks maximum per contract). Now if you can manage the winners in a sensible way you can become a goal kicker and a winner.
PS:
You should also know as time goes by I see people who come and go. Some make a good success of the TRADING TO WIN and the PRICE ACTION trading method.
Nevertheless many do not and it is always a dilemna for me wondering why they cannot get the message of how simple the whole approach is.
All I can put it down to is they do not work at it or stop and think about what the winning method is all about.
Over the years I have sold software and books to 100's of people and during the same time provided mentoring to them if they wanted to get help.
I still see many failures from people who wish to wander off to some other mentor who they think offers a better package that does not require any work commitment. Usually their new mentor does not insist they have to control losses with tight stops and that is the reason that their trading account gets out of control. It can be the only reason.
A trade is a trade and and I can find at least 10 good reasons for any potential trade on any day the market is trading.
So why is it so difficult for the people to follow rules? Basically the only reason is that they do not think about why they are in a position to win! If they did they would be winners.
The only thing easier than winning is losing and it all comes back to a work ethic and concentration on the signals the market is giving you. If you just guess then you will find it hard to win.
If you wait for the right set ups and only play them you can win. If they are not working you exit and wait for the next best opportunity.
It's always a waiting game and you need patience. If you go to the casino and play everything in sight you will lose in the long run.
BBG
