I really am very grateful to you for what you do and it is hard to put this into words. What really matters is you are giving the people that want it, the ticket to a whole new lifestyle and in my case a whole new purpose in life, which is truly a gift.
Hey Mack, just wanted to say Thank you for posting your videos online they have helped me a lot because they help me to see what the manual is say and putting it into action. I noticed in some of your videos that I never paid attention to until recently and the past couple of days I have been making 1100 a day following your rules with just 2 contract with no doubling down or any think like that and I do trade to the close though but its been a vast improvement. I can see myself quitting my job soon and trading full time now.
Currently I am working on our farm family business in Argentina. I first started to become interested in trading, when I realized that survival in farming had not only to do with achieving high yields, but moreover with marketing the grain as best as possible. So a few years ago I started my quest to find a logic behind the jungle called markets. In the past 5 years I read a lot of books, tried different aproaches and traded our grain at the local Buenos Aires exchange (MATBA) with more or less success. I also traded classical chart patterns on a simulator for one year. Now I am trying to slowly become an independent trader and trade for a living together with my brother.
Since I was born in Germany, I also read some books of german traders Erdal Cene and Michael Voigt, who have a kind of similar aproach to price action called Markttechnik (market technique). They explain you the basic framework of the market and how market participants act at certain points, e.g: new highs. Based on this I finally arrived to price action. Then my brother Gustavo discovered your website and bought your manual. Shortly after I bought the manual to. I have to sincerly commend you on all your hard work. You have the ability to explain things in a clear and straightforward manner. To make complicated things easier to understand. Thank you very much! We really apreciate it, because out there in the internet you have to filter out so much scams or just information that might be true, but not really usefull and aplicable to day to day trading. With your teaching you focus on what really matters and with the you tube video lessons one can feel as if there was a capable teacher guiding one trough the process! We feel very fortunate to have stumbled upon your website and video lessons!
By the way you manage your website and conduct your work, one can really tell that you are good person trying to really help others instead of just wanting to make money. This is becoming a rare trait nowadays and probably has also to do with you being a person that respects the bible, which I do to.
It is hard to explain but it is a bit like a light has gone on in the last few weeks. I see setups in advance, I know exactly where and how I will be entering, the discipline to be patient but then the confidence to place orders quickly. If I miss a trade now I just shrug my shoulders and move onto the next
I am the wrong side of 50, a very logical thinker and averse to taking risk so I probably have a lot of challenges trading, but through hard work, following PATS rules, changing my thinking and a lot of time studying charts I am eradicating doubts and developing my self confidence, belief and experiencing regular success.
Anyway I just want to make the point that I traded (SIM, unfortunately) and the results where incredible. Attached is an Excel worksheet with the results and also an image of the chart with entry points. Any comments would be highly appreciate it. Regards, FH
Welcome to the Price Action Trading System Home Page. Our main goal here at PATs is to offer you trading information and trading strategies that are based on price action entries, best known as Price Action Trading. Everything you need to know about where prices are headed can be found directly in the prices found on your chart. There is NO better way to trade, guaranteed!
If you learn to read and understand the language of price action, there is no need for fancy indicators. You will soon learn to trade with confidence using nothing more than a single, uncluttered chart.
With our trading strategies, all you need is a single chart, a simple moving average and a few trend lines. Anything more than this and you will only make trading more difficult. Take the time to explore our site and evaluate some of our trading strategies.
Your first step should be to check out our e-book manual on learning to read a price chart. It is easily worth many times the cost we charge. Best of all, you can download it instantly, so you can get started quickly. It will introduce you to all of our price action trading strategies.
Our price action trading manual and all of our strategies were developed and written by our own traders here at PATs. We are full time day traders who have many years of experience day trading in the markets. We use all of these techniques in our own trading accounts every single day. We know and understand the edge you get when you trade with our proven trading strategy.
Why would you want to base your trades on past information when the most important factor in trading is what prices are doing right now, and what they are most likely to do in the very near future? Using our strategies, we can help you to learn what prices are most likely going to do in the near term, rather than trying to guess using lagging and misleading indicator tools. There are some traders and some large institutions that actually fade the indicator movements for the sole reason that so many losing traders use them to base their trade decisions. That alone should tell you that they are a losing game in most cases.
The market can actually only do three things. It can trend up, it can trend down, or it can chop around in a trading range. Our price action trading manual can show you how to easily determine which of these things the market is doing. We will show you how to determine what the market is doing, which way it is currently going, and where it is most likely to go in the near term using nothing more than a single trading chart and a few simple lines. Honestly, once you learn our techniques, nothing more is needed. Get started today by purchasing our price action trading course.
Take a look at chart one below. It is a snap shot of my actual trading chart at the end of the trading day. Notice how clean it is and how easy it is to see which way prices were going at any one time. This can be easily learned, but more importantly, we can teach you when to enter the market at the most opportune times.
Now take a look at chart two. It is the same chart except it has blue and red arrows added to indicate the entry points for profitable trades. Blue arrows indicate long entries, and red arrows indicate short entries. By learning our price action methods, you can learn to actually enter at these points when trading.
Day Trading is not easy, and it will not make you rich over night. However, if you are armed with the right tools, and if you put in the proper time to learn how to use them, you can improve your trading. The information that you will find here on our site will give you a great opportunity to learn the most important and basic keys that are needed to make a living day trading any market that is liquid and that can be charted. We prefer to trade the index futures, but you can use our strategies to trade stocks, futures, Forex and any other market that can be charted. These price action trading strategies work in all markets because they use the footprints of other traders to determine where the market has been, and where it is likely to go in the future. Our premier course allows you to follow the money and that will also allow you better trading opportunities.
I wanted to put this up to clear the air on Micheal Chin, Riley Coleman and the Dayonetraders.com website. I continue to get questions as to their affiliation to PATs and our website. I am going to use this as an opportunity to clear the air.
I had my in house lawyer, who represents me for any of my legal needs, but who is not in practice as a copyright lawyer, send them a cease and desist order. However, they basically ignored that request, questioned its authenticity and dared me to sue them.
Most people do not even know what a tick chart is, and I would bet these two had never heard of them either until they recently took our course. Even if they knew about tick charts, what are the odds that they would choose a 2000 tick chart? About a million to one maybe, but obviously since they were students here, we know exactly where they got the idea for using a 2000 tick chart, second entries and the measured move strategy, along with all of the other ideas they are selling on their Dayonetraders.com website.
We introduced these terms to the public, along with their exact trading strategy many years ago, and you can go back and verify that by looking at some of our very early YouTube videos. You can also look at the copyright notices and dates in our manual if you have a copy of one. Nobody else was using those terms, along with many of the other terms they are using prior to us making them public with our materials over ten years ago. The scalp and run strategy is copied straight from the pages of our PATs manual. See our legal notice and the copyright dates below. The page below was pulled directly from our manual.
At this point, I am not sure what my next move will be legally, but for now, I wanted to clear the air and make people aware of why these guys materials look so much like our materials. Honestly, they have lofted me a softball with this. You can clearly see that they are taking our copyrighted materials, repackaging them and selling them as their own ideas and trading strategy. What they are doing is very much illegal and downright dirty plagiarism if nothing else.
7fc3f7cf58