| |
| |
| User
Comments: |
Congratulations
on doing a great job on the course! Good
organization, short and to the point, well
illustrated, and excellent exercises. I
especially like the way you incorporated
flow from the very beginning.
--Curtis Byford |
|
Words of advice to a trader considering
taking the course...
"One other thing, and maybe the most
important...I'm convinced Charlie is "the
real thing," meaning that rare individual
who is a very successful trader and also
likes to teach others...and that Ted has
worked very hard for two years to put this
package together. I think it's excellent."
--Curtis Byford |
|
I
thought your statement was very good in
that it gave a very organized, concise,
approach to trading...and it reflected very
closely how I am approaching trading at
the current time.
-K.C., Chicago |
| |
|
I,
too, have studied Elliott, Gann, Fibonacci,
Delta, the rest of Wilder's work, Williams
and a host of other stuff. P&L differs from
all of them because it is much more of a
leading method, as opposed to a lagging
one. And it quickly enables one to switch
from trend to congestion mode. ...P&L is
the best for determining what is currently
happening and therefore what is likely to
happen.
The best thing I ever did was to stop trading
long enough to focus on absorbing the P&L
theory and then to objectively observe the
market action in the context of P&L.Most
trading methods are like driving a car while
looking in the rear view mirror. Conversely,
P&L is one that actually looks forward to
the potential turns up ahead. Then it is
simply a matter of seeing whether the car
starts to turn.
--W. Bhame, Georgia |
| |
|
I
appreciate the time you spent with me last
week overviewing the efforts you have put
forth developing the P&L School. You have
accomplished a great deal. This is fine
work. Congratulations!
--R. Anton, Tennessee |
|
Thank
you for the wonderful time we spent the
other evening. It was very interesting and
I am ready to resume my journey to a better
understanding of the P&L methodology. You
were very precise in explaining your efforts
and intentions.
--E. Messmer, Illinois |
|
From
a Singapore trader . . .
I have received your dispatch containing
the DG indicators and the descriptive booklet.
Thanks. "About the indicators, I have
added the envelopes to my own trading. The
envelopes are very helpful, good fun, and
I use them to great advantage. They have
helped me tremendously in my trading. I
avoided at least one disaster in the S&P....
Through my other methodology I sold the
index at 1245, then went to sleep. I awoke
with a rude shock to find that I was in
deep draw-down. Normal market wisdom dictates
that I should take the loss and exit at
once, even in the Globex session. Not this
time. I decided to take a peek at the DG
indicators and found a couple of strong
resistance points that might stop the upswing
in its track, in the extreme, the weekly
ET. I stood my ground confidently. Whatever
my level of Drummondacy I seemed to call
it correctly and as I have said, the market
made a full-scale retreat. Without the DG
tools I would have surely exited the market
for a big loss.
-- W.C. Chan, Singapore
|
| |
"Thanks for staying on top of things.
I am day-trading bonds and doing quite
well, thank you. I find something useful
in the Lessons every day.... Good job
formatting the "questions to ask"
in congestion type trading. Everyone wants
a "set of rules" but I would
much rather have a set of questions to
ask under certain circumstances and have
the answers lead the way."
-- A California Trader
|
|
|
|
|
|
about
us | support | contact
us | affiliates | disclaimer
| privacy policy | training
and education | downloads | links
| site map