"This One Goes to 11"
I have been investing on my own since 1997, when loading a chart on your screen via the Internet (or "World Wide Web", as we used to articulate it back then) would take one full minute or more. I have subscribed to numerous newsletters, services, and market timing accessories that left me with a bewildering array of excuses for why trades did not work out, and how the future would be different.
After several years of enlisting the help of a stockbroker, I decided to give one of these devices one last shot and take back the reins. I reasoned that there is now a plethora of information on the Internet, connections are lightening fast, and I am a much more skilled trader. During my quest, I heard a quirky Frenchman on Youtube, his voice overflowing with enthusiasm for his proven way "to beat ze options mar-ket". I had met Marc Nicolas.
Marc developed DTZ trading zones that show high probability support/resistance areas on liquid options such as AAPL, GOOGL, PCLN, SPY, etc. I subscribe to what he calls the "Full Pro Tool", which allows the user to chart any stock with his levels.
It is my impression, as a psychiatrist myself in private practice since 1997, that Marc truly cares for his students and their success in the options market. He teaches, coaxes, and pushes DTZ students to adopt his own replicable procedures to profit from options, using directional but mainly out-of-the-money spread strategies that let you sleep peacefully at night. Indeed, most persons, were they to develop software that predicts market moves with uncanny accuracy would simply trade on his or her own, and ask big shots to help finance him. Instead, he engages in in-depth analysis and LIVE TRADING with everyday people. (It's pretty hard to hide behind the "well-this-is-what-I-would-have-done-in-that-situation" excuse when one can view his daily P/L live!).
Interestingly, I initially intended to simply design profitable credit spreads and avoid the live trading he offers on Thursday mornings. However, after making $1,200 on a single morning on GOOGL calls, I decided to free up my schedule on Thursday mornings and not see patients during that time, since trading alongside Marc is the most profitable use of 4 hours that I know of. This has given me the freedom to get off all insurance panels, and be comfortable in doing more pro bono work.
One need not be a day trader to profit handsomely from Day Trading Zones. In fact, I might suggest he change the name to "Profit Trading Zones" or something like that. You may keep your full time job and watch as the membership fee, which includes access to an intelligent and thoughtful community of like-minded DTZ traders via a Facebook group, pays for itself many times over.
Now for the negatives. Monsieur Nicolas has a thick French accent, and can get very excited, making him periodically hard to understand (Hell, maybe I should break down and just learn French. Naaah... I 'm American.). If you want to trade alongside him, since he wants you to be an informed trader, you'll have to do some study and homework. Moreover, he will challenge you to "take the microphone" during live trade days, in an attempt to expose your trading weaknesses, and, should you choose to accept, this can be unnerving. But, don't worry if you are shy...this is optional (no pun intended).
So if you are serious about making money in the options market, I suggest you give serious consideration to DTZ. And, as I tip my hat to Nigel Tufnel of Spinal Tap fame, I declare:
DTZ GOES TO ELEVEN.
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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