I subscribed to your service based on reading some of your books. I have been trading professionally for 9 months and was trying to buy breakouts. I watched this video over the weekend and your strategy makes much more sense. It is actually pretty brilliant when you think, "what effect do the algos have on the market."
Yesterday Gil did an incredibly thorough and detailed overview regarding some of the challenges that I was having on the 620 chart in relation to an ETF that I was trading last week
I was under the impression this would be covered over maybe 1 - 2 minutes, however the in depth analsyst was of great value to me for 3 primary reasons.
1. To take the time to review this over 10 minutes and really go into detail shows the level of commitment Gil has to his members success.
2. Gil's insight into what i was doing wrong both technically on the charts, and what my risk tolerance levels probably should have been on this particular trade, will save me headaches, time, and money. (He also explained specifically where i most likely went wrong in the trade.)
3. The value of this type of feedback in conjunction with the interaction on the video report in my opinion is a 10 out of 10.
I wish that I had some challenging feedback to strive "improve" upon, but really after watching the video twice now, none currently come to mind. I'll watch it again and if something does arise I will send a follow up email promptly.
P.S. What a call on Roku last week!!!
Q: In addition to a follow-through day and individual stock leadership, what are your primary indicators for analyzing market bottoms?
G: I focus primarily on price/volume action in the indexes and leading... [more]
Q: I am looking for direction in the market. Is the Gilmo Report for me?
G: The way I make “recommendations” is to discuss an idea I like and under what conditions I would move to buy the stock. So readers... [more]
Q: What were some of your biggest biases or problems that you had to overcome when employing the CANSLIM strategy? After reading O’Neil’s book I wrongly assumed I could trade successfully within 6 months, but it wasn’t until... [more]