Love it for Day Trading Large caps
Was thrown off by the name thinking it was a penny stock site, but I signed up to their free alerts. Did not get any alerts, but there were some decent educational videos and good information about how they were handling the market.
Decided to give them a stab and I am glad I did. Large caps were not really my specialty, but I do have a larger account so I figured I would give it a stab as they seemed pretty transparent. Not disappointed at all with the transparency here. Everything is called exactly as they take it and Kavan is good about posting his P&L and updating on trades throughout the position.
I have had 3 red days since October 5th when I signed up. I am only able to be in for the first 4 hours of trading so I am not able to comment on afternoon trading, but there is no reason for me to think it would be any different. The trades are easy to follow since he is usually only in one trade at a time. I think today might have been the first time since I have been a member there were 2 trades open at the same time. He mentioned he does not like doing that, so I suppose it is rare that more than one trade is open.
It is a very systematic approach to day trading and their technique has really changed the way I viewed day trading. Everyday starts with a watch list and a strategy to handle each name on the list and at what levels. Any warnings or things to be aware of on a particular name are thrown out as well. I love the morning review becasue I often take things they don't off the pre-market planning and make money off them. KERX yesterday and WFM long today both come to mind, but that is besides the point.
I feel extremely ready for the bell when the fireworks begin and I can whole heartidly recommend them if you are trading large cap stocks. JSTrader does some of the small caps and he will sometimes throw out exactly what he is in and at what price too. The breaking news on its own is worth the cost of the membership.
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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