I got started in day and swing trading learning a bit here and there on the internet and reading books. In the past I did a bit of long term trading, using a buy and hold approach because I didn't know anything else.
I had always been interested in day trading in particular and so I decided to try paper trading for a couple of weeks, after that I started using real money. I only lasted about 3 weeks using real money until I realized I needed some serious help. It was a very emotional three weeks(to say the least) that I hope anyone reading this will not have to endure. However, my losses were relatively small compared to some other stories I've heard.
The thing is, it took me having to go through those three weeks to realize I needed an education and some guidance. So if anyone new to trading is reading this then I would like you to know that getting some instruction is very important and will save you money and a big headache.
So once I realized that I needed an education the question became, what type, with who and how? The best type of education I can think of would be if you knew a professional(and successful) trader who is willing to sit with you every day and critique you as you trade. Basically one on one, face to face mentoring. Chances are that is not possible so the second option for me was training through the internet.
So if you are with me so far you agree that you need an education and you think getting it on the internet is the most applicable option and so the question becomes which service do you use, and this is where my recommendation comes in.
I believe that Grok Trade Mentoring will help anyone who wants to learn day, swing or position trading. It's a 3 day course full of great material and afterward life long mentoring through e-mail where they actually critique your trading plan(you have to write one based on what you learned in the course) and have regular group meetings, also they supply you with a trade log spreadsheet which you can regularly send in and they will critique that for you to make sure your on the right track. The fact that they have ongoing training showed me that they really want their students to learn how to trade properly. And in my opinion, it is just as important as the 3 day mentoring itself if not more so.
Also, if you want specifically day trading, I recommend doing the Mentoring first and then afterward joining the Grok Star chat room. Don't do the chat room using real money before you do the mentoring(like me =)
So all in all I recommend this service without reservation to anyone wanting to learn day, swing or position trading.
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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I wanted to take the time to re-review this product and to help save other people from wasting their money...After some significant time spent learning to trade I have to say that these people are charging way too much for this course...Most of the information in this course can be found on the internet for free or you could buy a book on trading for less than $100 and learn just as much...If you take part in one of their webinars you will hear a lot about how Des is a great teacher....He may very well be, but he does not take part in the teaching process...I truly don't know how they can charge people $3500-$4000 for a course of such little value...I say all this now because I have been trading for some time now and I know that it is a difficult challenge to learn to trade...I just recommend that you do not fall for the "You need a trading education" line...Really what you need to do is learn to read the markets and I honestly think you would be better off paper trading alone for 6 months to a year with no teacher, than to waste your money on this course...I think that most of these online courses are just taking advantage of the naive newbie that can be persuaded with a bit of trading jargon...I don't doubt that these people are profitable...I just doubt that it is through their trading =)
"So many people are focusing on set ups...When in fact they are the ones being set up"
This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.