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July 2008

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July 03, 2008

Bid ask paint bar

As most of you know, I have experimenting with the bid ask indicator for a while now. It has become available to EOTPRO clients now and I think its pretty cool. As it is right now, it only works on Multicharts with E-signal data.

The bid ask looks at how many orders go off at the ask and how many go off at the bid. If more orders are going off at the ask the indicator moves up. More orders at the bid and the indicator moves down

Recently I changed it to a paint bar. I think it looks pretty cool on a 5 minute chart

the two moving averages are the 90 and 200 sma's

Also in the chart is the End of trend indicator with GVALU

Bid_ask_paint_bar

June 26, 2008

Indicator Lesson school recording on June 26

http://eotpro.acrobat.com/p39925409/

Indicator Class Tonight

This evening
Indicator Class is on again... in the trading room ...

6:45 Central / 7:45 Eastern / and 4:45 Pacific / elsewhere please check the world clock here -

http://www.timeanddate.com/worldclock/

EVERYONE IS WELCOME to come in and learn!

www.eotpro.com then click on trading room
read our disclosure in FULL and then Press I AGREE
select Thursday and then enter...

Look Forward to your questions!
Shelly

Previous Page

Review on ES this week so far

Download review_on_the_day_es_june_26_final.wmv

June 20, 2008

Review on the day ES June 20

Download review_on_the_day_es_june_20.wmv

June 19, 2008

Indicator Class Tonight

Just a Reminder!

Indicator Class is... This evening in the trading room ...

6:45 Central / 7:45 Eastern / and 4:45 Pacific / elsewhere please check the world clock here -

http://www.timeanddate.com/worldclock/


EVERYONE IS WELCOME to come in and learn!

www.eotpro.com then click on trading room
read our disclosure in FULL and then Press I AGREE
select Thursday and then enter...

Look Forward to your questions!
Shelly

Review on the day ES June 19

Download review_on_the_day_es_june_19_final.wmv

June 18, 2008

Review on the day es June 16,17,18

Download review_on_the_day_es_june_161718_final.wmv

June 13, 2008

Richard talks about how to set up the arrows on a TS chart

http://eotpro.acrobat.com/p65085584/

June 12, 2008

Indicator Class Tonight - is CANCELLED

FYI:

Indicator Class will be Cancelled today June 12th 2008.
Classes will resume again next week at there regular scheduled time!

June 11, 2008

Review on the day ES June 11

Download review_on_the_day_es_june_11_final.wmv

June 06, 2008

Indicator lesson school recording

http://eotpro.acrobat.com/p59675992/

June 05, 2008

Indicator Class Tonight

Indicator Class  & Trading Questions ... Tonight in the trading room ...

6:45 Central / 7:45 Eastern / and 4:45 Pacific / elsewhere please check the world clock here -

http://www.timeanddate.com/worldclock/


EVERYONE IS WELCOME to come in and learn!

www.eotpro.com then click on trading room
read our disclosure in FULL and then Press I AGREE
select Thursday and then enter...

Look Forward to your questions!
Shelly

June 04, 2008

Review on the day ES June 04

Download review_on_the_day_es_june_4_final.wmv

June 03, 2008

Review on the day ES May 3

Download review_on_the_day_es_june_3_final.wmv

June 02, 2008

Review on the day ES June 2

Download review_on_the_day_es_june_2.wmv

May 30, 2008

Recording of Indicator lesson school thursday

http://eotpro.acrobat.com/p74111176/

May 28, 2008

OPEN HOUSE - May 29th THURSDAY!!

BIG CHANGES....

OPEN HOUSE FRIDAYS ARE NOW GOING TO BE ON THURSDAYS!

REASON: For at least the summer... EOTPRO will be shutting down early on Fridays!!

So please come and join us TOMORROW in the trading room for OPEN HOUSE!
EVERYONE IS WELCOME Please come in and Visit!

www.eotpro.com then click on trading room
read our disclosure in FULL and then Press I AGREE
select FRIDAY and select guest, enter your name in the guest field and then click ENTER ROOM link

Look Forward to having you visit!
Shelly

May 27, 2008

Review on the day ES May 27

Download review_on_the_day_es_may_27_final.wmv

May 23, 2008

Indicator lesson school recorded May 22

http://eotpro.acrobat.com/p12998668/

Review on the day ES May 23

Download review_on_the_day_es_may_23_final.wmv

May 22, 2008

Indicator lesson class tonight 6:45 central

Just click on this link and enter you name in the guest box

http://eotpro.acrobat.com/r80066480/

Review on the day ES May 22

Download review_on_the_day_es_may22_final.wmv

Bid ask indicator picture

Did it tell us anything today? Perhaps that the bias was down?

Screenshot001

The Biggest Problems with Traders...

I received an email from an EOTPRO Client who was courteous enough to share some of his hard earned lessons over time...

Now this trader implemented some of his own ideas, using some of Bill's creativity and had Richard code up some custom Indicator chart that like Bill's but rather what specific indicators he watched. This is what we are trying to share with everyone. This is a perfect example of someone who did not blindly follow our lead, but took some of our ideas, added his own, and then did due diligence and research until he had a trading plan that was right for HIM. For this I commend him and would like to add that I am proud of him for taking the lessons we try to teach and share with everyone and actually putting it all together! Great JOB!!

This is portion I copied from the email I received for everyone's benefit...

The newbie's have no idea that come into this room how much time and money you all will save them if they just listen and watch for a few weeks to a month. 

The biggest problems with most traders which were mine are:

1 - Playing with scared money -  I think this is the biggest one of them all.   They do not have the money to risk and when they do put on a trade they are looking for the first sign of profit and take it.   Richard has said this many times now.  If you keep taking 1-2 tic profits it will slowly bleed your account even if you do not loose for a week.  All it takes is one or 2 big losses and entire week of profit is gone and a metal scared is in their head.  I think sim is good, but I see traders using sim account with 10 contracts and making all that money.   If they are not going to trade everyday with 10 contacts then they are doing more harm then good.  Its entire different story when its your real money.  If a trader is going to practice with sim they should only use 1 contact.   I really like what you and Bill tell them.   When you start with real money only use 1 contact until you get 1000.00 or more.  I would even go as far as 2000.00 profit before upping the contracts.

2 - No plan you say all the time -  This is just as bad as scared money because if you do not have a plan you are done before you start.

3 - Switching from different trading style to style and changing indicators as Bill says all the time.

4 - Many trades get board and want to trade for something to do.   This used to get me all the time.  I would see a setup and think in my mind what would happen and it would happen.  I would then start seeing things in the market and get in and bam, get hammered.

5 - Getting down by stupid mistakes ( # 4 example above ) and getting mad at the market.  Now you think I am going to get my money back and then your losses double or triple and by the end of the day you are screwed.  The worst part is you are metal damaged and prolly done as a trader mentally and monetarily.

Thank you for sharing!

Indicator Class Tonight

Indicator Class ... Tonight in the trading room ...

6:45 Central / 7:45 Eastern / and 4:45 Pacific / elsewhere please check the world clock here -

http://www.timeanddate.com/worldclock/


EVERYONE IS WELCOME to come in and learn!

www.eotpro.com then click on trading room
read our disclosure in FULL and then Press I AGREE
select Thursday and then enter...

Look Forward to your questions!
Shelly

May 21, 2008

Review on the day ES May 21

Download review_on_the_day_es_may_21_final.wmv

May 20, 2008

Review on the day ES May 20

Download review_on_the_day_es_may_20_final.wmv

May 19, 2008

Review on the day ES May 19

Download review_on_the_day_es_may_19_final.wmv

May 09, 2008

Trading Room Closed... May 12 - May 16

OOPS... Incorrect Dates...

The Trading Room will be closed for the Full week of trading next week. May 12th to May 16th!

The EOTPRO Team will be in Las Vegas checking out the Money Show and sharing a little R&R

Anyone who is due for Renewal or is having any issues with their Indicators... please have your orders in today - as Indicator Packages will not be sent out after today.
Indicator Orders will be available again May 18th.
The Trading Room will resume as regular on Monday May 19th

Have an awesome week of trading next week.... I know I will have an awesome week of R&R!

Indicator lesson class on May 8th

http://eotpro.acrobat.com/p27832528/

May 08, 2008

Review on the day ES May 08

Download review_on_the_day_es_may_8th.wmv

Indicator Lesson class link for tonight

ALL WELCOME  6:45 Central time

http://eotpro.acrobat.com/r80066480/

Indicator Class Tonight

Indicator Class ... Tonight in the trading room ...

6:45 Central / 7:45 Eastern / and 4:45 Pacific / elsewhere please check the world clock here -

http://www.timeanddate.com/worldclock/


EVERYONE IS WELCOME to come in and learn!

www.eotpro.com then click on trading room
read our disclosure in FULL and then Press I AGREE
select Thursday and then enter...

Look Forward to your questions!
Shelly

May 07, 2008

Review on the day ES May 7

Download review_on_the_day_es_may_7th.wmv

May 06, 2008

Review on the day ES May 6

Download review_on_the_day_es_may_6.wmv

Greenspan likes this kind of comedy

http://view.break.com/428454 - Watch more free videos

May 05, 2008

Trading Room Closed... May 11 - May 15

Just a heads up to all EOTPRO users.... The Trading Room will be closed from May 11 - May 15

The EOTPRO Team will be in Las Vegas checking out The Money Show at the Mandalay!
As we were unsure if we were able to offer the Trading Room from Vegas we were sure to add extra time into everyone's subscription due to the few days we would be down.

If you have any questions or concerns please check in with Shelly at shelly@eotpro.com

May 03, 2008

I would buy it

Indicator lesson class on May 1

http://eotpro.acrobat.com/p46479316/

April 30, 2008

Review on the day ES April 30

Download review_on_the_day_es_april_30_final.wmv

April 29, 2008

Review on the day ES April 29

Download review_on_the_day_es_april_29th_final.wmv

Oh YA!!!

April 28, 2008

Review on the day ES April 28

Download review_on_the_day_es_april_28th.wmv

April 25, 2008

OPEN HOUSE - April 25

TODAY...
The last Friday of the month, we are having our OPEN HOUSE... EVERYONE IS WELCOME Please come in and Visit!

www.eotpro.com then click on trading room
read our disclosure in FULL and then Press I AGREE
select FRIDAY and select guest, enter your name in the guest field and then click ENTER ROOM link

Look Forward to having you visit!
Shelly
Previous Page

Indicator lesson school April 24

http://eotpro.acrobat.com/p89754835/

April 24, 2008

Tradeing results for last 10 weeks

Daily gross profit for 10 weeks in a rowTrading_results

As far as we are concerned this is a demo account

Review on the day ES Aril 24

Download review_on_the_day_es_april_24.wmv

April 22, 2008

Review on the day ES April 22

Download review_on_the_day_es_april_22_wmv.wmv

April 17, 2008

Indicator lesson class April 17

http://eotpro.acrobat.com/p78032922/