. |
TTW Course - One day at a time .......
Contents: Trading to WIN Course - One day at a time |
| Subject: |
| Introduction
- 1 |
Section 1:Practical Trading to WIN Tools - 116
pages
|
|
1.
Close Stops - 9 |
| Section 2:
Dynamic Price Geometry trading tools you need to understand to WIN. - 98 pages |
|
1.
Sacred Geometry and the Cardinal Ratios |
| Section 3: Day to Day and Week to Week - 42 pages |
|
1.
Daily Check List - 1 2.
Weekly Check List - 14 3. Contract Rollover – 1st
Month - Things to consider - 26 |
| Section 4: Summaries - 86 pages |
|
1. The
Psychological Aspects of Trading to Win - 1 2. My
thoughts on how to beat the market - 42 |
| 4.
APPENDIX - 54 |
| Total text pages with
introductions 320 |
See what they have to say…………………………
Bryce,
First off, let me say I wish I met you 20 years earlier. As I told you when I first met you 6 months ago, I have been trading and in the industry for the last 20 years. I have been on a quest to perfect my trading skills, buying books on trading, going to trading seminars and seeking out a personal mentor that fit my needs. Until I met you my appetite was not filled. I have on a regular basis thanked you for sharing your knowledge of the markets you have. To put it in a nutshell I have learned more from you in past 6 months than my past 20 years of studying the markets from all those books, seminars and other so called guru's.
You are the best! Thankyou for sharing and bringing out the best in me.
Steve Rifkin
Chicago USA
-----------------------------------------------------------------------------------------------
This is from a long-term friend.
During my forty years of trading I was fortunate to meet many market wizards and famous traders. My studies enabled me to amass a huge library of market related material.
In 1988 I met Bryce Gilmore and in one hour I learned more from him than most of the books on my book shelf in total.
Bryce truly made me a better trader from that first meeting and I've continued to learn from him over the years. The market technicians association should erect a statue in his honour!
Signed: Larry Pesavento
We all know where Larry comes from. "Who Luvs Ya"
This one is from a student I think is getting to know the market as well as I do, Sandy is a professional and drives a 5000hp Tug boat for a living right now. In his time off he trades the E-Mini successfully now I might add.
Although I may not be as experienced as some of the major traders who endorse this latest book by Bryce Gilmore, I am forever grateful for having met him and privileged to have been tutored by him.
From what I have found, in the business of trading, it is half the battle to find somebody who will teach you the truth, before you can hope to be successful at using it to win.
Bryce is such a man, and I would encourage anybody with an interest in making profits from trading commodities and stocks to study this and other books by him so they too can use the truth to advantage.
I believe Bryce's books, and in particular this one, are the closest thing you can find to the mythical Holy Grail of trading strategies.
I can rest and be assured I have been given the knowledge to win trading the markets when and if I choose.
Thank you Bryce.
Sandy Featch
PERTH
Western Australia
-----------------------------------------------------------------------------------------------
Now here is one I particularly like. Steve is a tough guy who
works for the customs on patrol boats at times. He won’t take any shit
from anyone the same as I won’t. He is now trading profitably.
Having studied Bryce's techniques, the turnaround in my trading has amazed me. I was about to give trading away until I was introduced to Bryce's methods and advice.
He has a switched on analyst's mind, together with a rare trading talent. Not only that, he is a brilliant teacher and you can watch him trade the markets in real time, which makes all the difference in terms of credibility and a realistic view of this career choice.
His passion for the markets has definitely rubbed off on me.
Steve Fitzsimmons
New Farm, Queensland, Australia.
-----------------------------------------------------------------------------------------------
I don’t hear from Claude very often but I know he watches everything
I say and do this is what he says…
Bryce,
I started studying the stock and commodity markets in 1965. Went the
usual route of Gann, Elliott, and others. When the Apple Computer came
out I used it with 5 minute charts to study patterns in the market with
the idea big money could not move without leaving tracks. Worked out a
lot of the math with a calculator. Then somehow I ran into Scott and
thru
him to you. Using the ratios in a more expanded way gave a better
picture
of where to expect to enter, together with the patterns of my own gave
me the edge. Your methods of close stops, going with the flow, and
especially
taking out small bites at a time has added to my success as a trader.
Your comments to Club 144 as the market unfolds allows one to learn
a philosophy of trading that contains risk and protects capital.
Thanks for your time and effort.
Claude Eckert
Retired School Administrator
Now this is encouraging…
Bryce,
I found your old Wave Trader site by chance back in late 1999 and attended my first seminar on the Gold Coast in June 2000. I heard and saw a lot of things in this first twelve months but found it hard to dispense with my “old ways” thanks to a number of previous tutors. The real message about how to trade the futures market did not materialize until the formation of Club 144. Enlisting as a foundation member, was I consider, the best decision regarding trading that I have made. It has been a hard slog working a ”normal” job and studying at the same time these last 18 months. However looking back now I feel the last 4 months have been my greatest period of enlightenment, I suppose the old saying “the penny finally dropped” would best describe it. Your approach to trading is I believe second to none and I like the many other members look to the closing 6 months of our Club to further develop and enhance our trading knowledge. By the way I now have the confidence, knowledge and trading plan to put all of this into practice. I intend to start trading this coming July. Thank you for sharing all of your knowledge with us, it has been a tremendous experience.
John Hunt , Sydney, Australia
This one is a little unusual because it comes from a Chinese student of mine. He is now seeing the light but it took years for him to realise. Now he is doing fine.
Hi Bryce,
Since I bought the WaveTrader software in '92, it took me 8 years to re-examine and realize the importance of time and price analysis.
When I joined the group two years ago and through the teachings of Bryce, I can understand what makes up a successful trader.
Through the real time teachings of Bryce and comments of other
members,
I can learn how to trade and how to prepare a trade plan and learn how
to trade without risking for more than 15 points (3 ticks) of HSI
futures.
Just like running a business, before I can make profits I have to
control
the cost of running this business.
Without this group, I cannot reach a day trader's vision.
Thank you Bryce to share your experiences and other members' contributions.
Warmest regards,
Edmund Tsang
Now Matt is a new student of mine but his progress and understanding of what I am doing puts him 30 years ahead in life.
Bryce,
My introduction to the futures markets was back in 1999 at the age of 22. I studied different courses and read various books, but any success I had trading those strategies was purely LUCK (which lacked consistency)! Every year my trading statements showed a loss but my enthusiasm never ceased due to the great potential the markets offered.
I purchased your books and joined Club144 in November 2001 hoping to get an introduction to the geometrical applications to the market, but encountered much more. Everything took awhile to sink in, but in the past couple months I have realized the market is not totally random and an aggressive, consistent, and profitable trading approach with tight stops is possible. The important thing is to recognize the signs and trade them with a tight stop.
I feel extremely fortunate for getting set in the right direction early and intend to make trading my career. Your efforts have definitely made a lasting impact!
Thanks Bryce,
Matthew J. Sobieck
Green Bay, WI. USA
Bryce,
I'd like to offer my recommendation. I hardly ever post to Club144,
but I have definitely learnt something. Thanks for sharing what u know.
I came to Club144 with some scepticism and distrust. I wanted to learn more about trading but wasn’t sure if Bryce was just another “make money from teaching traders” person. I now see that he is the “real deal” and is a VERY GOOD TRADER.
Marketing people thrash testimonials to “death”. Many people don’t believe them anymore. But, even so, I’ve been moved to write this.
I think his latest book is going to be very, very good. A real “traders Manual”
The markets are a battle between buyers and sellers. This shows in the price patterns on a chart. But it is not quite as simple as that. Bryce showed me that there is also a battle between trader’s who trade in the different time frames, i.e., floor traders, day traders, intra-day swing traders, position traders, funds, commercials etc..
All these traders have different decision making points, which all together is the “flow of the market”. To me, this is the “psychology of trading” as opposed to “technical analysis”.
If you know where these different “decision making points” are, then you can see the logic and order in the markets. How the market behaves at these points tells us much.
Bryce’s new book shows all this and more, and how to trade from it. And just as important, he shows what it takes to be a “consistent” trader.
I’ll be recommending it to my friends.
Regards,
Roelof Kampen
NZ.
Bryce,
I've spent too much time trying to sum up my experience with your material and your e-groups, so I will just say the following:
Thank you for your brutally honest and accurate assessment of the Truth and Realities of trading.
Thank you for your generosity in truly sharing all that you know.
Sincerely,
Paul Bonanno
USA
Subject: I MIGHT ALSO ADD THIS
Date: Wed, 26 Jun 2002
23:10:35
EDT
You are the most straight up, tell it like it is, what you see is what you get personality I have ever come across. You will always have the last laugh on your enemies because they have no choice but to respect your honesty.
Paul Bonanno
Bryce,
Been away on vacation and just getting caught up on all the farm work
and with the emails. Sorry I missed the chance to respond in your
book.
I want to thank you for Club 144 and all that it has done for me. As you know, I am a farmer and have learned to adapt - thanks to you. I am planning on trading the mini as soon as harvest ends as my source of income through the winter. When I can, I love watching the real time action here in the group.
I can't wait for your new book and I plan on purchasing a few more of your other books as gifts to some of my friends who trade.
Your no-nonsense, straight forward approach has really got me on the right track.
Thanks again Bryce!
Eternally grateful,
Dan Meyer, USA
Bryce,
Things are finally slowing down here on the farm to where I'm doing
a little trading and watching the e-mini with the group. As far as
testimonies
go I've learned a lot since joining Club 144 and the one thing to me
that
is the absolute most important is using tight stops. Whether one is a
beginner
with little experience or someone with a lot of knowledge if they stick
to low risk trading there won't be any of these horror stories of
losing
tens of thousands of dollars. Another thing that has impressed me is
your
level of integrity. When you say something that is the way it is...no
mind
games. You also are out to help people without having any self-serving
ulterior motives. That fact is made clear by the low membership fee and
your Club144 seminars that you do at cost.
Thanks for everything.
Steve Gosselink, USA
Tom Hougaard wrote:
If you looked up the word "market wizard" in the dictionary it
should
say "Bryce Gilmore". Believe me,
I am no fan of Bryce from a personal point of view but
honesty prevents me from bad-mouthing his trading skills. However, I am
not in the trading business to make friends, but to make money and
Bryce
will teach you that better than ANYONE in a business that
is
littered with wanna-be traders that claim to sell you the holy grail.
If
your aim is to make money in the markets and not belong to the 90%++
who
are consistent losers, then you better get Bryce's book(s). He is
the Gann of the new Millennium. He has got something to say, and you
know
he means business. He is a no bullshit man, for better or worse.
Tom
London, UK.
Subject: Testimonial
Date: Thu, 27
Jun 2002 09:44:48 +0530
From: "gaba"
<gaba@powersurfer.net>
To:
"Bryce Gilmore" <gilmore@qldnet.com.au>
It was the November 2000 Los Angeles Seminar that brought me face to face with Bryce Gilmore and that changed my life forever…It is here that I learnt what trading is all about… It is here that I learnt that Trading is an art form and that Trading could be simple and as long as we keep it simple…He exposed me to…trade what you see and not what you think… He drilled in…trade the market not the forecast…He made me aware that trading is all about making money and nothing else…I came to think in terms of…did the money come into the pocket or did the money go out of it…the focus shifted from forecasting to making money…I was a nobody and he made a somebody out of me…he gave me an identity…If I am what I am in the field of Technical Analysis and Trading in India then its because of the influence of just one man and my guru…. Bryce Gilmore…Thank you BBG...
Prakash Gaba
Prakash Gaba MSTA
Technical Analyst
Have a vision...a clear vision...and stay focused...
http://www.prakashgaba.com/
I have a comment to make on this one because Prakash came all the way from India at a great cost to himself in Indian monetary terms. We were doing a simulated trading day session on a Friday and it was a choppy day. After a series of small losses I said to the guys that the market was not working for me and the only opportunity I could see was to sell a support if it broke it later in the day. Well it took until 3:35pm EST and then it came. The S&P500 fell 15 points going into the close and the trade was worth over $5000 which got back all the small losses and left the day profitable by about $3700. When the trade did arrive everyone was bored to death and expected me to just forget about it. When I was triggered into the trade I banged the table and yelled out and nearly scared poor Prakash to death as he was half asleep at the time. J))
There was a guy from Florida there who admitted to me he had a portfolio of stock worth $21 million and he had owned Qualcom at $400. As I was yelling at the market to fall down he went into a panic fit. To make it worse I said you could have held this short because it will continue down on Monday. Which it did.
Note:
In India it is important to have a guru a bit like in our society we
always look for a mentor. I have hero’s myself but they are not people
I can talk to, I can only attempt to do what I think they would have
done.
I think the lesson Prakash learnt that day was to never give up
until
the market is closed.
They are still coming in:
Hello Bryce here's mine for what it's worth.
I have been following the trading of Bryce Gilmore for four years and I have found his practical and realistic approach to trading the markets to be excellent. If you cannot trade and make money using his methods then you simply do not understand what he is doing, go back and do more study until you understand.
Every serious trader with an open mind that I have seen come to Bryce over the 4 years has become a better trader after some coaching from Bryce.
Bryce is one of the most honest guys in the business,
Regards, Roger Gillespie, Queensland, Australia.
Subject: Re: [WaveTraderDigest]
Date: Thu, 27 Jun 2002 15:20:59 +1000
From: “Moradi The Great"
To: "Bryce Gilmore"
<gilmore@qldnet.com.au>
Bryce,
I have been a part of your group for about 6 month now. Prior to joining this group I thought I knew how to trade but how wrong I was, although I was trading profitably, I hardly ever used intra-day charts for any type of analysis and some times it used to take me two days to get out of a position, now I'm out in five minutes and changing position on a dime. You know my profitable trades are still the same but dollar wise my loses have gone down 80%, It’s not how many losing trades you have it's how much you lose that counts.
Watching you trade and write about it in real time (along with your books) was the missing link. There are two types of people in this industry, Real Traders and impostors who try to teach people how to trade, Bryce you’re are out and out a trader.
Regards
Dan Moradi
Melbourne, Australia
Subject: Re: [WaveTraderDigest] testimonals
Date: Thu, 27 Jun 2002
15:21:23
+1000
From: Chris Miller
I discovered Bryce's analysis on the web one day and was blown away. I was very fortunate that he started a group. There is no doubt that Bryce is the best analyst in the market, but for me his skills as a trader made the impact. I now have the confidence to look at a market and know:-
a) whether I want to participate or not, and
b) where I can enter with the least risk to my capital. These are
choices
I never had before, and they are critical to survival.
Bryce consistently delivered many patterns and techniques that work - and he did it online, real time, at all market stages. In June 2002 global markets are all plunging and the papers are full of headlines about the inadequacy of fund managers to look after your capital. Bryce has taught me to do it myself, he stopped me losing money, that allowed me to stay in the game, the rest is all experience and hard work.
Chris Miller,
Sydney, Australia.
Subject: Testimonial
Date: Thu, 27 Jun 2002 01:29:58
-0400
From: Bob Becket
Bryce,
Being a part of WTD has been a priceless experience for me. I used
to think that successful trading was a matter of finding the "Holy
Grail",
sitting back and watching the money roll in. Not only have you and WTD
thoroughly disabused me of that idea, you have replaced it with an
understanding
of what it really takes to win: knowledge, discipline, hard work and
for
God's sake, common sense!
It's so clear to me now that one cannot learn to trade overnight because there are so many nuances to know, but that's exactly why the educational format of WTD has been so effective. By drilling in the basics while covering the unfolding of the markets in real-time, you have compressed what would have taken me years, if not decades to learn into a few short months. I'm amazed at how good I've gotten at "reading the SIGNS" these days and I attribute this directly to all of your real-time commentary, lessons and interaction with the rest of us in WTD.
Bryce, you're the real deal.
Thanks for everything,
Bob Becket
Winston-Salem, NC, USA
Helen : (My moderator)
Just to give you an idea of how serious I am on trading, I'll be
giving
up my full-time consulting job in mid-July to dedicate myself
entirely
to trading .
I've learned quite a bit from Bryce and from this trading group and
I'm finally becoming profitable. There is no doubt in my mind that this
is what I'm meant to do.
Due to my limited time right now, I haven't been able to contribute to club144 as I 'd like, but that should change within the next month.
Hope this answers your questions.
Regards.
Julio.
----------------------------------------------------------------------------------------------------------------------------
Bryce,
Like most traders, I was in search of the elusive "Holy Grail" for
cracking the markets since I first starting following the markets
almost
30 years ago as a Finance Major in College. Since then I've read and
seen
just about ever major "technical analysis" technique presented by
all the self-proclaimed "gurus". As my Dad used to say " ... if it
sounds
too good to be true, it probably is ". Unfortunately, like most
people,
I wanted to believe there was a easy ticket to making money.
After years of frustration, I was VERY FORTUNATE indeed, to come across your work. You've helped me realize there is no "HOLY GRAIL", just a lot of hard work, and some amazing geometry. I consider your work to be the "Rosetta Stone" for understanding the markets. With it, a student has a "map" to "reading the signs " the market gives us every day. As you like to say, "trade what you see". Until I discovered your work, I wasn't understanding what I was seeing. You’re the only person I know, who writes their books in "real-time", allowing a reader to get inside your head as the market unfolds. You "put your money where your mouth is" day after day! Watching you trade in Club 144 and through your books, has truly been a wonderful learning experience. Your generosity in sharing a lifetime of knowledge through your books and software will always be greatly appreciated.
Thank you for teaching me how to "Trade to Win".
Raymond Joseph
Jacksonville, FL
(Raymond is a Lawyer and he must know what he is talking about)
Hi Bryce,
It may be too late for the epilogue, but here goes:
I "met" Bryce indirectly through a forum. One poster made a few
disparaging remarks about Bryce and since I thought the poster was an
arrogant
pompous ass, I figured Bryce might be an "OK" guy. And, oh how he
is! The only definition of Bryce is "Bryce". Those who know
him know exactly what I mean!!!
Bryce has helped teach this old dog new tricks. Old habits are
hard to break, but with constant pounding on the head, old habits are
broken
and new ones are incorporated. Sometimes it just takes a bigger
stick.
I am successfully day trading thanks to Bryce.
If we are saying nice things about you now, just wait for your obituary!!!!
Dave K, USA
I first found Bryce’s early work about two years ago and was impressed with his extensive work on the fascinating ways in which markets follow consistent geometric and ratio-based patterns. What was not clear to me, however, was exactly how to use these insights in day-to-day trading. I remained stuck in a traditional mindset of counting Elliot Waves and combining technical indicators into my “trading system”.
It was not till I joined Club 144 that I began to appreciate how much Bryce’s trading style had moved beyond the foundations laid out in his earlier work. Club 144 and his recent books focus on the art of reading the chart and trading what you see. Bryce is unique in generously providing the opportunity to learn from a master through hands-on, real-time trading examples. It takes work, lot’s of work. But eventually you begin to look at a chart differently, to listen to what it is telling you, and to consider and limit risk at all times. Perhaps most importantly, Bryce relentlessly teaches his students to let go of the ego traps that can keep us trading yesterday’s hopes and opinions rather than what the market is telling us today.
Bryce Gilmore has a style all his own, always interesting, often outrageous, but always worthwhile.
Mark Berg
Ann Arbor, Michigan
USA
Bryce,
I was lucky enough to be here in Club 144.
What can be more open and candid than the author trade the e-mini day after day, in real time, on the net, in front of a group of experienced and learner would be traders, and with a passion at times close to violence explain in detail the how and why he is being successful. Nothing is more convincing that his methods work. Nothing more is needed than to put it all together in a book so we can go back time and again to take advantage of this knowledge.
Philip Spilsbury,
Victor Harbor,
SA.
Bryce,
Well, I'm grateful that we are given the opportunity to express our feelings about your method of teaching how to trade.
As I said before, I'm very thankful to you to share with us your
discoveries
(geometric ratios, etc.) and knowledge about the markets.
I have read a lot of books on trading and your books are the most
informative.
They may not be the easiest books to read though.
I have used your software (CycleTrader/WaveTrader)and I am very
excited.
I'll be subscribing to Q-Charts soon when I get used to my increased
assignments
at work.
The information I'm learning from your posts (archives and current) is immeasurable. And the amount we are paying is not much. I believe I'm getting a great bargain. Thank you!
Particular enlightenments that I have learned from you are: (1) the price & time ratios of the waves of same degree, (2) the support & resistance levels (where to buy and where to sell), (3) close stop loss, (4) continuation patterns (rectangle, triangles, etc.), (5) trend (lower Highs) & (higher Lows).
Because I have a full time job, I can't do much day trading. Your indicators work very well in the daily charts too. I subscribe to paper price charts and did the analysis using your method. I'm pleased with the outcome!
With your methods added to my basic knowledge of market analysis
(COT,
Elliott waves, O/I, etc.) gives me the "feeling of David" to face the
"giant
Goliath" markets. I feel being blessed to have known
you and I look forward to own one of your Trade to Win books.
Thanks again,
Advoquita
I have been a member of the Club 144 for ~2 months now (6/28/02).
And
I have been trading on & off for a number of years. It's only
now that I feel more prepared to face the markets because of the
knowledge
& wisdom I'm learning from Bryce Gilmore. I wished that I had
known him before. One of his super methods of teaching is that he
is analysing the markets as they unfold. Isn't that amazing? He
is
guiding us where to buy or where to sell before the points are
hit.
And this is how the Trade To Win (his 6th book) is written. I
have
enjoyed reading his drafts. I can't wait to have a copy once it is
published.
What an opportunity for me to learn how to face the market as it is
happening!
Surely, the name Bryce Gilmore will always be associated with the name
of William Gann, the legendary trader and Ralph Elliott, who gave us
the
Elliott waves.
Sincerely,
Kate Stude
Phoenix, AZ
I've known Bryce for approx. 4 years now and once you can get past his personality you will find a person that is genuinely out trying to help people. If you are looking for an easy way to make money put this book down now!! there is no easy way, but Bryce's methods are the closest thing to a money machine that I have seen. The 2 Greatest principles that Bryce has taught me is " keep a tight stop loss" and "Never get a fixed opinion of market direction".
I will always call Bryce a good friend, love him or hate him this
guy
can trade and teach. Now it's up to "YOU" to learn.
J Matthews ( Cairns Australia)
As a member of Club144 I can say with confidence that you have just purchased the best text available in regards to trading. The trading examples in this book were real time trades Bryce was executing as part of the teaching program to Club144 members.
As Bryce say’s "see it, believe it, trade it"
Thank You Bryce
Garry Simmons
Bryce ,
I was wondering what to say about the last year and a half.
Something like...
...This tough as nails Aussie Bryce has been the best teacher I have
ever had. His classroom is a real time trading pit via Club 144.
His wealth of information is priceless . Bryce teaches a trade that
a fine living could be found. No more breaking my back for a few
sheckles.
Bryce is down to earth. All his teaching is for real. No star gazing here. I have learned to believe what I see because the chart is shouting at me. I have giving up predicting where the market is going, it's a new day every day and the traders via the intra-day charts are going to tell me what to do , so long as my head is screwed on right . The last year and a half has been roll up your sleeves, close stops, poker playing type trading for me.
Bryce has willingly shared his knowledge for mere pennies. No $5,000
fees here.
I have to add that Bryce has written two books during this time period
with us and freely shared each chapter with all Club 144 members once
he
finished them. Bryce wrote these two books on trading in real time as
the
market dictated. Bryce taught me how to analyse the market over the
daily
and weekly charts in his first three books, but these last two books
have
taught me how to make a living.
Thanks Bryce,
Well this picture says lost. Took my days pay and am taking the wife and kids to the park.
This has been a profitable week.
Scott Many
New York NY
What I think:
Dear Bryce
In the time that I have been involved with you, I have been reminded that there is an extreme amount of bullshit out here in the traders world. This is not the case with Gilmore. You have written or spoken the honest to GOD facts on most issues in the trading arena and in the personality traits of a trader. I know it jacks you up that I'm not actively involved, but my education is not complete as yet on this subject matter.
A shame that you’re retiring from this endeavour, that sucks!
With Great Respect
Hal Denton, USA
This one is from a friend of mine – I have 9 or 10 paintings of his adorning my office and bedroom walls. I have put a lot of effort into Richard but it has worked. He is a great artist maybe now he can make some money.
I have known Bryce Gilmore for 4 years and consider him a good friend. Since the beginning of Club 144, I realized that although I had achieved a reasonable standard of technical analysis using time, price, pattern and trend, I wasn't a trader. And I wanted to be a trader. The 18 months that Club 144 has been operational has seen Bryce trading live and posting as he traded (no mean feat.) He followed this up with summaries of the day including illustrated charts and worksheet commentary. Such real-time education has been priceless as far as I am concerned. I arrived at studying technical analysis at a mature age and, given my accounting background, it has been difficult for me to loosen up and let my mind be flexible to what the market was saying.
I am now trading profitably full-time and this is purely because of the no-bullshit, lay-it-on-the-line approach to trading and, in fact, to life that Bryce has brought to this site.
The fact that the current book is being written as we trade with Bryce during the e-mini sessions is a tribute to his masterful trading and teaching skills.
I feel privileged to have been a member of Club 144 and to know Bryce. It has also been a pleasure to meet and make lasting friendships with other members of the Club.
Regards
Richard Lane, Kelso, Queensland.
Thankyou very much for teaching us Bryce. I was like a lost blind man before Club144 and TWAE. We are enjoying life so much more now – very little stress – all because I listen to you.
I am looking forward to your new book – the excerpts were tremendous.
Mark Ruaro and Secilia Mechin
Sydney, Australia.
1st July 2002
I have been studying under the tuition of Bryce Gilmore for the last three years, after spending a considerable amount of money with another so called trading educator (SITM).
Bryce provides a what you see is what you get approach to try to educate his followers in becoming successful traders without doing their dough.
I for one have only become successful as a trader for no other reason than the teachings of Bryce.
If you would like to discuss any of the above matters personally please feel free to contact me.
Best Regards
Mark Stanley
0429 183848 (Australia)
Bryce,
A good coach saves us a lot of time and money, and leads us to the road of success. Thank you Bryce for sharing your knowledge with us and pointing us to the right road. Joining the Club 144 was a short cut to success by following your thinking and feeling about the market in a real time manner and to learn how to trade with limited risk. But I know that we have to do our own work and exercise the tools you teach until we master the concepts and can use them at will. A good coach is one who will get angry when we are lazy, but does not leave us alone helplessly even though we are behind, but at least we should show that we are eager to learn and ask for help. Thank you Bryce. Thank you very much.
Richard To.
Foreign Exchange Trader.
Hong Kong.
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I really appreciate this one because Andrew had been studying technical
analysis and Gann work for years before I met him.
I came to meet Bryce knowing a good bit about the way markets work but having trouble making money with my knowledge, but what Bryce has been able to do for me is build a usable frame work around what I've already learnt and added some new important points into what is now a comprehensive and powerful platform which can be used in any market and any time frame.
The real beauty of this knowledge is it gives you confidence to keep at it until you make a success and for that I'm very grateful.
Andrew Thompson
Builder and Investor.
Sydney Australia.
Bryce,
As you probably know, I went through a few different mentors while supposedly learning to trade, and spending a small fortune on courses, lectures, books and software.
Fortunately a couple of years ago I was introduced to your methods of analysis and trading, and have not looked back since.
I sincerely thank you for the time, effort and knowledge that you have given me over the years through your books, seminars and Wavetrader/Cycletrader software.
I still have my losses while trading obviously, BUT at least they now are a minute percentage (dollar-wise) of what they used to be.
If anyone had to ask for advice on where to get knowledge or information because they wanted to start trading, I would tell them :
Forget the rest - just go to the "BBG" he’s the BEST.
Kind regards,
Tony Fletcher.
Mega Restaurateur.
Melbourne. Australia.
Thanks Tony I know you are a bit part time with everything else you
have going on, but I suppose you don’t really need the money.
I have another one here that deserves being included because I have
met Marcus and he only needs a bit of confidence to succeed. Personally
I think he has made too much of a big deal out of trading and that has
held him back. Now I think my message of keep it simple is getting
through.
In the early 90’s I experienced a few trades that I would rather
someone
else had. The results were shocking. This caused me to look for a
mentor
who:
· knew how to trade and derived most of his income from trading
and
· was prepared to share that knowledge.
Bryce Gilmore has helped me immeasurably with my trading and
understanding
of the markets. Some of the many things from Bryce include:
· trade with tight stops
· trade what you see not the forecast
· trade set ups with confirmation
· how to read a chart in real time
· the relationships between hard work, faith in your methods,
confidence, ability to act and consistent results.
The trading wisdom in Bryce’s books is all you need to know to become
a consistently profitable trader and analyst of market trends.
Marcus Seehofer
Melbourne, Australia
This one came in from a student in Sydney who I have never met and it was a little over whelming.
From Mark Ruaro:
Imagine your mate knows more about technical analysis than Gann or
Elliott. What if he was also a very successful commodity trader who has
written numerous texts on analysis and trading and written his own
computer
program to test his theories. Imagine he has traded one thing or
another
for his entire working life.
Then, imagine if you will, that this mate will email you every day with his daily preparation and tell you exactly what he is thinking and doing as the market moves along in real time, he shows you entries based on logic, he uses tight entry stops, he chases his profits with running stops and he makes money.
Because he is a mate, he doesn’t want anything from you but to see you succeed and become a winner. By teaching you his mind stays focused on the job at hand, as a result his overall trading improves, everyone benefits.
Bryce Gilmore is the bloke I’m talking about. He is the 100% genuine article, listen to him, follow his methods, you will be a success.
Thankyou Bryce yours sincerely,
Mark Ruaro, Sydney, Australia.
ruaromechin@dingoblue.net.au
Bryce,
I originally traded in the eighties on the advice of "others" and I
new nothing and was flying blind. Of course I lost what was for me a
lot
of money. I no longer trust brokers or "Money Managers".
I am now trading by doing my own analysis and putting in long hard hours of study.
After over three years of hard work I feel that am still just learning the trade. Being exposed to Bryce's work has opened up an inside run for me "one out one back" and I would like to thank Bryce for his generosity in sharing years of hard work.
He has a tough outlook that can also be fun and that’s a rare mixture. My experience tells me that his no nonsense approach is the right approach because we are actually playing in a tough game that tramples the unwary and the unprepared quicker than you can blink so he is actually being kind when he is being tough and I appreciate that.
Many thanks,
Kieren Turner, Australia.
More....
I HAVE TO INCLUDE THIS ONE - IT IS FROM A FRIEND I MET ON TWO OCCASIONS AT SEMINARS IN LA.
I met Rod who is a very successful large farm owner from Nebraska – he runs a family business and a good one. He is also one of the best guys I have ever met.
Bryce:
Thanks a million for the examples. I have been struggling with
several of the routines (I had not upgraded when the XABCD discussion
was
taking place) and this sets me straight. This is a powerful tool
and I appreciate the opportunity to be able to have it. The last
3 years since owning your books and Cycle-Trader and now with the
ability
to analyse intra day, brings all of the study and experience into focus
from the last 25 years. My hat is off to you. The internet
has brought me information, but one of the things that I value most
today
is the relationship with you, and this site.
You are one great Australian.
I do not post often, but I read every word. Your lessons in real time in the last six weeks in the E-Mini have been invaluable as well as the excerpts you share from TTW.
Weather has been warm and the wind has been blowing here. We
are
about a week away from soybean harvest in Nebraska and for that matter
I am sure in many other parts of the corn - soybean belt as well.
Corn harvest will also begin in our area in the next 10 days. My
guess is that our crop will be some under our 10 year average.
Won't know until we get the combine in the field. (Rod’s 10 year
Soybean
average is just over 60 bushels per acre),
Best regards,
Rod (Gangwish), Nebraska, USA
Another recent one…
Bryce,
Thank you for all your commentary and tutoring. I read everything
you post and my way of thinking has come more and more over to what you
are teaching.
Yours Sincerely,
Gerald Lee Mathai
Kew, VIC.
Australia.
Gerald has been a steadfast member of the Club144 group and
religiously
for months he has provided us with updated charts, COT, and volume and
open interest reports for the COFFEE complex. A job well done Gerald.
Last one….
Bryce,
I want to thankyou again for taking the time to teach people, I have
learned a lot about how and what to focus on, and what kind of attitude
to have.
Hope you enjoy your newfound time, I can’t thank you enough for the
experience of Club 144.
Best regards,
Don Thompson.
NY. USA
I have many more testimonials from other students and professional traders who have benefited from my teaching, but it is not necessary to publish anymore here.
These guys have spoken and they are all genuine people. I didn’t invent them, I appreciate that they have benefited that is all.
I am a hard taskmaster at the best of times, and it takes someone with the guts to be a trader to get past my personality of intolerance for stupidity. These guys could all get into the 10% who win because they are working at it or already have done it.
I wish them every success in the future for
having
the intelligence to listen, the Club 144 experience has been a good one
overall and these guys have had to put up with my rantings and ravings
for a long time. Sometimes I have abused the living daylights out of
some
of them – just to make them learn – but they have learnt. And nothing
succeeds
like success – you only have to read what they say to understand my
profound
effect on them.
This communication has been prepared by:
Bryce Gilmore [C] 2002
It is illegal to transmit, copy, print or pass any portion of
this book to any party without the
permission of the author. - please read all of our disclaimers
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DISCLAIMER : Edited by Bryce Gilmore (C) 2002
Conditions of supply : read this
This communication has not been prepared by taking into account the financial circumstances and investment needs of any particular investor; and investors using this book as advice should therefore assess whether it is really suitable to their own circumstances and investment plans; and before acting on any educational investment advice contained in this book, you should contact your own licensed investment adviser to consider whether the advice is appropriate in light of your particular investment needs.
Technical education is a hypothetical study of markets and because it may have worked in the past there is no guarantee it will work in the future. You must understand that trading approaches using technical analysis is a matter of probabilities, as is every avenue of speculation.
The author is not a Broker or registered Investment Adviser and
therefore
is not licensed to give trading advice of any sort or make
specific
trading recommendations.
All charts and comments are offered for educational purposes and are
the personal opinion of the author. The author's opinion is not meant
to
be construed as an invitation or solicitation to trade, for trading
advice
consult your broker or licensed investment advisor.
Notice read this - To comply with the ASIC IDS guidelines
(Internet
Communication of security information)
ASIC recommends before acting on the basis of what is said in this
communication you should review:-
(1) Asic's web site at www.asic.gov.au has a list of licensed advisors.
(2) Visit Asic's consumer website www.watchdog.asic.gov.au for general
guidance about investing.
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