Wanted to see if anyone was using or has used Larry Levin (former floor trader at the CME). I bought his book How I made $1,900,386.82 a while back and it is decent. Prolly need to reread it to get a better feel for it all. I ignore most of the email solicitations I get from his site as there is just to much to read and everything can't be "that" important.
So yesterday I get a call which I happened to be home so I answered, and it was someone from his sales crew selling mentorships. It's 4 weeks 1 hour daily web cast, archived if you miss it (M-Th) and Friday you are in the trading room where they feed you trades. $1500 for a stack of reading material and the web stuff.
1) I don't like the idea of being fed trades as I want to be able to see them for myself and act upon it.
2) I really don't want another thing to read that will teach me to be a great trader.
3) Has anyone else done this course? I don't mind paying for services but I prefer ones with warranty's or $$ back if... and I'd prefer not to get a refresher education for $1500 when I could drop that $1500 on a cruise instead...
thoughts?
Hello I am a student of Larry's and his Trading Advantage crew. I have been there for about 5 months and am enjoying the classes tremendously. I was especially impressed by the level of instruction and the dedication of their instructors. Due to popularity the course has grown in leaps and bounds with new students added monthly. We are taught all the basics that are required and the course is on going for anyone wanting to repeat the course. All students are given free reign to enter any of the trading or classrooms (classes being in session) at will.
At first it seemed overwhelming with the amount of stuff I got, a duffel bag full of books...these are to be used in conjunction with the class. But they have overcome that by streaming beginners into the beginner's level sessions and they have come out with a new book, all in one volume to help us remember all the trades.
They use two systems: scalping and swing. Beginners learn the swing method employing Market Profile techniques and their priority charts (copyrighted) with parameters that are just right to get best results. There is nothing like it. Moderators are in the rooms instruction us how to trade, when to trade and when to NOT enter into a "losing" trade.
What I enjoy best about Trading Advantage is the chat room. I have made many friends there and if I don't understand anything type in the question and it will be answered promptly by either other students or the instructor or their moderator assistants.
We are given strict guidelines as to our graduating from trading off of simulators and into real trade with real dollars. Our trades follow previously tested and tried methods, so you really cannot go wrong!
By the way trades are called in an indirect way....all support and resistance levels are announced and we are taught to make our own trades....We are reminded about trading rules with the intent of saving our money ...it may be a liability issue but anyways personally I am learning to recognize good trades from the poor ones and learning to be self-sufficient at it.
Join it, you won't regret it. Or at least give them a try. I think there's a deal on right now (March 15, 2011) for joining. See their website
www.TradingAdvantage.com And, by the way I am not related to Larry Levin or anyone on staff there, nor do I own shares or work for Trading Advantage nor was I paid to endorse. Let it be on the record that I love every minute of it! Instruction is from Mon-Thurs much more than you'd get in a regular course that offers only once a week lectures! All classes are recorded and archived so missed classes can be accessed at any time. This is MUCH more than I expected. They present a very professional front and they are accountable, which is more than I can say for other places of learning. I used to teach watercolour painting at a local university and classes there were not archived, nor was I as an instructor expected to "support" students to the level that is exercised at Trading Advantage. When I joined them I didn't realize I was joining the TA family. A welcome plus, these days!
Try it for a day, you won't regret it! Hope to see you there. By the way my screen name there is Carol C. One day I will be permitted to use my real money! It's coming soon! See ya!