Micheal Storm– Is the lead trader for Winners Edge Trading. He hosts the NY session Monday through Friday at 8 am. Click here to join Michael and trade with him live.
Hi Fellow Traders, it’s that time once again for me to “chat” with you all about something that has really been on my mind.
Many new traders (lets face it) do NOT know what they are doing or why. This is understandable. As a “newbie” how is someone supposed to “know” what to do, or what they are really looking at on charts? This only comes after many months and maybe even years for some. I am convinced this is why so many go “bouncing” around looking for the grail. Folks are looking for this indicator to tell them what to do, or that indicator to tell them when to get in or out. It seems a lot of folks rapidly bounce around looking for “what works” something that will make them a lot of money without having to work to much or think to much. Kinda sad really ( imho.). I am a strong believer in Price action, price and bar patterns. As we know, the charts are the “footprints” of money. They don’t lie ( if you take the time to learn how to read them).
Many people in the room pass me some compliments each day (I appreciate that, but don’t want it going to my head). Sometimes I hear people say they are amazed at how accurate my predictions of price can be. There are times price goes to Exactly where I say it will. Then, there are other times I get close, but miss by a few pips or so. Then there are the times I am dead wrong. Its not that I am saying this to brag or try and impress someone, that is Not it. My point is that in order to thrive you have to survive and the longer you sit in front of charts the more you will “get it”. Only reason I am so accurate, is because I have been doing it for 10 years.
What is our goal here? We here at winners edge have this slogan “together we win”. We have a goal we want to achieve. A room of professionally trained traders that KNOW what to look for and WHY. A whole bunch of eyeballs, stalking this market to not only reap personal gains, but to HELP each other to walk away with a really great amount of money each day. I actually achieve a great sense of satisfaction helping people. I LOVE hearing that people are making money each day. Each time someone compliments me on a call I made and tells me of how many pips they get it give me joy. But what is EVEN better, is when I start to see traders calling out there OWN entries and targets to the benefit of the whole room. Several folks are getting extremely good at this!
So, my question is this…. What are you looking for? If you just want to watch my charts and desktop and watch me place entries and exits and ride my coattails (so to speak) that is fine. I realize some people are like this and its ok for now, I don’t mind, Tim doesn’t mind and I am sure Sophia doesn’t mind. We want you making money. Maybe some folks just want a system that WORKS. We teach a price action system that gives consistent results. This has been an incredible 3 weeks. My memory doesn’t even see a day where we have not made at least a hundred pips a day or more. Are you just searching for something that works? Why not commit to the room for 3 months or 6 months and “Just DO it”. If your a fast learner, after this time… you will not even need us anymore. BUT, we hope you’ll stay! If you break it down to the ridiculous, the cost for the room per day is less than the price of lunch. But can make you 100 or more pips per day. Is that worth it? Its not just the money, we want of room of fellow traders, a community of folks. A bunch of Friends! That can talk and share TRADING together. (ever try to talk with your spouse or friends about this??? OH, if I only had a pip, for every blank look I get ! lol. My “circle” of friends doesn’t have a clue).
I LOVE my job! I get up every day with JOY and excitement! I cannot think of a greater job on earth than to work just a few hours, and make a weeks pay DAILY. Folks, this truly is the greatest profession on earth. A laptop and an internet connection and you can live anywhere in the world and take money out of this market. (Disclaimer: You’ve got to be sharp, patient, focused and disciplined though!) So, if you have already had your bouncing around, why not stop, come on in and join us and see a better way? Let us show you how to trade, manage risk and best of all understand the WHY of what we are doing. Looking forward to trading with you !
