QUESTION AND ANSWERs

Yes. But not what you might expect - day trading simply means that you do not maintain positions overnight. This technique cuts out the stress and virtually eliminates risk. It is not intended to replace your current job - but, with experience, it could.  With a $25,000 account, 2% per day ($500) at a minimum is certainly achievable every trading day.  I would tell you the expected profit each day is significantly better than that, but each trader operates differently and responds uniquely to prevailing conditions.  Sure , you say - "big claims, disappointing results".  I'll prove to you that my claims are conservative.

Not at all - it is extremely simple to learn and execute.  But it requires a calm and disciplined demeaner,  which can be embraced if it does not come naturally to you (I speak from experience).  All you need to do before training with me is to set up a trading account and subscribe to a charting service. I will advise you on these needs.  You must become familiar with the trade platform and charting service before utilizing the Pullback Trading technique - the mechanics of those essential tools must become rote before trading with real money.  The methodology is simple but not easy - because the parameters that I set forth must be adhered to without deviation . . . instinct and impulse get in the way of doing that.

No.  But I trade Exchange Traded Funds (ETF's) more than individual stocks.

Actually, hands-on, one-on-one training is how I teach you this methodology. I do not have a course, videos, books, podcasts, or manuals.  I do not even give you any handouts - your notes are your textbook.  I ask for no money up front . . . I start out with a Zoom call to get to know you and so that you can vet me and Pullback Trading.  If you are interested in pursuing, you will need to get yourself to Seattle (I will pick you up at SeaTac Airport).  You will need to secure a hotel room near my home.  I will spend three hours (5:30 to 8:30 am Pacific Time) with you the following morning  - free of charge.  If you want to proceed with the training you can determine how much one-on-one time you want.  I will spend up to four days with you  from 6:00 am to 1:00 pm Pacific Time.  We will meet at my home.  I charge $2,500 per day.  The first full day is due and payable at the end of that day; subsequent days will be due and payable at the end of your personal training (one to three additional days).  Follow-up calls for consultation will be available from 8:00 am (I trade the first hour and a half after the market opens) to 5:00 pm Pacific time - as I am able - for $300 per hour.

The Pullback Trading technique mandates trading with small positions (100 shares per order) . The Pattern Day Trader (PDT) minimum of $25,000 is required because positions are held for only a few minutes in most cases (sometimes up to a half hour, but rarely longer than that) and the methodology dictates that no more than twelve prospective symbols are traded - which implies any one symbol will trade more than once per day.

Yes and no. The symbol should have a 'Beta'  of at least 2.0 and trade a minimum of ten million shares per day; it must also be available for short-selling (except in the case of ETF's).  Ideally, the share price should be limited to between ten and thirty dollars. This technique is not to be used for penny stocks (less than $1.00/share) under any circumstances.  Aside from paying commission on these stocks - their volatility is excessive and positions are subject to dramatic moves (usually the wrong way).  The next highest daily volume stocks (typically between $1.00 and $5.00 market price at the open) - that rocket higher overnight - must also unequivocally be avoided since they typically sell off as trading proceeds through the morning.  Highly volatile, high-priced stocks (such as FAANG pedigree) will always be avoided - they are too expensive, too volatile, and subject to institutional buying and selling which causes dramatic moves.

I do - every trading day.  On most days I make at least thirty trades with better than a 95% win rate. Often I profit on 100% of my trades (I know that sounds impossible but it's true).  Seeing is believing and I will willing to show you costing only your transportation to Seattle.  My average trade yields more than $25.00 profit on an average position size of about $15,000.  A Pattern Day Trading (PDT) account provides 4X your overnight balance in buying power.   

But I have labored through this process for several years and developed the parameters and experience after seemingly endless trial and error . . . and losses. I have watched thousands of active charts - I have a good idea of where opportunities exist and where I want to keep my hand off the mouse.  I trade for about two hours a day - unless I am sitting at my desk anyway  (in which case I can place trades throughout normal trading hours).  There is not enough volume to support post or pre-market trading.  On most days it is not worth trading beyond the first hour of the opening bell but relatively small gains ($5.00 - $7.00 per trade) are typically achievable throughout the entire trading day.  $100 to $150 per hour in net profits is definitely realistic.

It is true that hardly anyone succeeds - because most day-traders risk too much and try to ride the wave of momentum, . . .which works (with some luck) on occasion but crushes profits ten times faster than it creates them.  The greatest deterrent to success is emotion.  I explain how to work through that (it won't happen overnight, but some folks are naturally inclined to exercise the patience and discipline required to succeed).  Day trading is gambling for those who don't know what they are doing and who execute trades based on reacting to what they see  - and what they believe.  You simply cannot  allow impulse and intuition to govern your decision-making.  A freshly licensed medical school graduate is gambling on a patient's life if she/he takes a crack at performing neurosurgery.  Same concept here. In order to reliably and consistently profit from short-term trading the participant must undertake focused relevant training followed by many hours of practice and experience.  One must possess or develop the right mindset, which includes - but is not limited to - eliminating ALL emotion.  Profitable short-term trading is accomplished as an art - not the luck that characterizes gambling. 

The Pullback Trading technique is a mechanically rote, mathematically-based technique . . .not conditioned upon anticipation, prediction, expectation or hope.  The methodology does not rely upon  technical analysis, indicators, or riding the wave of momentum. This technique identifies the proper time to enter a trade using limit orders strategically  positioned with appropriate share and position sizing . . . then responding  based on pre-determined parameters to what occurs when the trade is in place. It's easier done than said.  When the trader becomes adept and can remain confident, cool, and resolute the methodology is extremely effective.   Often I've attained my daily goal within the first fifteen minutes of the opening bell. 

For all I know this methodology has been utilized for a long time and is commonplace. It is predicated on cost averaging - maintaining a close correlation between average price paid and market price . . . and also on buying when others are selling and selling when others are buying (thus "pullback").  Perhaps I am the first to explain it in a format that is practical for the non-professional trader.  I have also determined the algorithm that is essential to effective execution of this methodology. The action sequence is based upon the only two constants that the stock market offers:  the facts that prices oscillate continually and  that for every buyer there is a seller and vice versa.  Leveraging those realities do not allow for predicting price movement . . . the technique uses mathematical modeling , probability, and sequential analysis to prepare for (not predict) the next price movement. 

A few weeks to many months.  For a seasoned trader that is set up with a charting service and trading platform and has experience using both, the learning curve is brief. Practice must be conducted with a simulated account until the user becomes completely comfortable placing and exiting trades.  A trader needs to become familiar with the charting service and trading platform before gaining experience in a simulated account.

I do - I trade daily.  I would have appreciated having this resource available to me prior to  riding a very difficult, exhaustive, and costly learning curve.  I look forward to recouping my investment in time.  I am not entirely altruistic but I would be encouraged by helping others to avoid the anxiety , asset depletion, and adverse relational consequences that I have endured. The best way to accomplish that is not to teach you how to "buy fish",  but rather to teach you "how to fish".  Further, I can make money by helping others to do the same.

No.  I will not dangle a carrot in front of you nor will I beguile you by disclosing my results;  I am not you and you are not me. - every trader has their unique style predicated on their personality and risk tolerance. You could do better or worse than me.  I cannot trade for you or present you with a foolproof  design.   I will not mislead you by articulating your potential results when I have no control over your decisions . . . I would much rather keep the expectations conservative and have you exceed them.  I will  attract your interest only through demonstration - not by words or an appealing marketing campaign. You will witness real-time trading during the three hours I will spend with you one-on-one at my home . . . for no charge.  I will also send you as many daily reports as you want from my simulated trading account.  Though simulator trading does not always represent live trading (because emotion and risk are not at play and because all positions - regardless of size - will be filled instantly at market; this may or may not mimic live trading), I simulate my trading with the precise parameters that I do with live trading  . . . therefore, my results correlate very closely.

- How and where to obtain your trading account

- How to set up a workspace

- How to choose your portfolio of stocks, and why

- What news and talking heads to pay attention to (simply stated: none)

- How to evaluate post and pre-market action to help to develop your morning playbook

- What chart service to use and how to set up your platform

- When - and when not - to trade 

- How to interpret price action

- How to know what to look for, how to  explicate the information, and how to avoid being misdirected  to appearances that would lead to devastating mistakes

- What rules are relevant to short-term trading and why they matter

- How to utilize the trading  simulator 

- Why I believe trading success derives from 10% knowledge, 30% experience, and 60% mental attitude and behavioral disposition

- How to set up your trading "cockpit" (workspace) . . . practically arranged from countless hours of trial and error and from my commercial-instrument pilot training

- Why self-control, patience, calm demeanor, elimination of impulsiveness, and avoiding predicting or anticipating or acting-on-impulse will assure success

- How to avoid the unprovoked, careless, mindless, emotional, downright stupid, and irresponsible mistakes I have made.

- In addition to hands-on trading, I will review dozens of charts with you to provide you with an understanding of what to look for and how to respond

Trading before you are ready,  for one.  As much as I will cover the mistakes you might make, it is essential to use the trading simulator until you become relaxed as well as confident that you will not deviate from the Pullback Trading parameters. You must also be patient and avoid reacting to fear . . . the trade will unfold in your favor if you stick with the teaching, monitor the trade closely and let the algorithm play out.  Further - and most importantly - you must be extremely focused whenever you have a trade in place - you must not be distracted.  You can trade as little or as much as you want and can walk away at any time as long as your positions and orders are closed.  Your confidence can be built by trading live very small positions - even one share at a time . . . you risk pennies but learn how price action works and  how the Pullback Trading algorithm takes advantage of price action.

You trade only when the time is right - I make sure you understand the criteria.  You could be making as many as two trades inside of five minutes and you may also go for a half hour without making a trade.  You may be in a trade for just a couple of minutes or in excess of an hour. You do not need nerves of steel but you must be disciplined.