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From: Mark Crisp and Mr. Horton
31st August 2006
I have been receiving emails from potential customers of The Trapline Trading Method for a few weeks now and I feel now is the time to address some of those.
Qn. So are you a day trader now Mark?
Ans. No I am not. But I get many emails asking me about day trading every day and I struck up a deal with the best day trader I know.
Day trading is not for everyone. I still prefer to trade my weekly momentum system. I have dabbled with day trading and can see how lucrative a "JOB" it is but it isn't for me. But, it is another method for those thinking about day trading. In fact it's probably the best method you will trade for day trading in stocks and FOREX. It's as simple as that.
Qn. Will Avery offer support?
Ans. Of course. Any questions will be answered until we have a FAQ page that covers all questions. Then anything out of that will be addressed. We are toying with the idea of offering a forum for buyers of this method as well. BUT, I have not had great experiences with forums before. But it is something we might do.
Qn. Can the method be used to swing trade stocks?
Ans. Yes.Avery tells me this method is just as successful trading the 3-5 day swings as it is in day trading. But he prefers day trading and that is what the course focuses on but he will describe how to swing trade with it as well.
Qn. Can you show me some kind of track record?
Ans. We are still finalising a lot of things right now and this is something I will be working on. But here are some of Avery's recent emails describing the daily profits he is making:
IT CAN'T BE THAT SIMPLE!
So let me get this straight... all I have to do is trade "*****************" and I can trade ONE stock and make $500 or $1000 a day, everyday ?
What's the catch?
Will people ask for their money back because this is so simple?
Mark:
I am getting excited about writing TRAPLINE TRADING.
I just created an indicator that clearly shows how profitable this is.
You can see how green follows green and red follows red.
I used this trading the euro yesterday and just scalped it to death.
The first 1000 customers are going to be very, very happy!!
Avery
It's been a while since I wrote my first book, but I am excited about this one.
I know, if it's done properly, it's going to be a best seller!
AAPL: EASY $1 OR MORE PER SHARE TODAY!!
That's the take from the last trapline signal.
And AAPL, just so simple...
Like I said, and I am NOT joking, I want this to be the best trading book EVER!!
The reader should be able to make money day 1.
Someone who got the FADEGAP freebie, made money day 1.
We need to find if there are more.
And we need to find those who are struggling... they can show us what we need to improve.
Remember, we are only selling 1,000 copies. So think about if this is a wise $500 investment. we have had a few sales. Not many. But a few. No rush.
7th September 2006
So for the month of August you could have made over $9 a share trading AAPL.
So at 1000 shares, that's over $9,000!!
If you traded every signal, and took profit, even if you only made 50% of the potential, that's over $4,500.
Losing days...LOL!!
Mark, you are cracking me up... I have been sending you SSDD charts for weeks...
WHERE ARE THE LOSERS??
Mark:
Most people would be happy with these result but, in reality, they are not that great.
If all I did was trade, those would be DAILY RESULTS!!
I AM NOT JOKING!!
Plus, it's to prove the point that it CAN BE DONE.
My attention has been split... not focused. Like yesterday, I was short the Euro and covered for $330 gross profit. Then it went back up into the sell zone and I had a chance to short again at 1.286x. I didn't take the trade... I was up over $800 for the day, it was a holiday, blah, blah, blah, ... Had I just shorted 10 minilots, I could cover right now for a $500 profit!!
Sept should be better.
Mark Crisp
How long have you been trading?
Started trading in 1977. Started day trading in 2001.
How did you start?
Buying shares of the company I worked for.
What do you trade now?
Currencies and stocks.
What time frame?
I don't use time frames per say. I look at the price.
Have you traded any other time frame? Why did you switch to day trading?
Started daytrading because I can make more in a day than the interest banks pay in a year.
Where do you live? I have a ranch in Oregon, a house in Arizona and a RV in Mexico.
How is your typical trading day? Up early to catch the FOREX moves then trade the open of the stock market.
Do you use any other services?
I use eSignal for charts, QuoteTracker front-end to Ameritrade for bulk trading, and www.efxgroup for FOREX.
What indicators do you use? I don't use indicators when I trade. It is ALL PRICE.
Why do you think most traders fail to realize their dreams in trading?
The reason is most people are taught to chase the price all over the chart with indicators. I let the price come to me. It's the difference between hunting and trapping. Hunters sometimes come home empty handed. Trappers almost always have meat in the bag. What are the most common mistakes most traders make? Chasing the price.
Do you think anyone can trade given the correct education?
Yes.
Name the top three books you have ever read on stock trading?
THE 21 IRREFUTABLE TRUTHS OF TRADING by John Hayden TRADING IN THE ZONE, Mark Douglas WHY SMART PEOPLE MAKE BIG MONEY MISTAKES AND HOW TO CORRECT THEM, GARY BELSKY & THOMAS GILOVICH
Why these books? What was your biggest lesson from each book?
These books deal with your MIND. Trading is simple. But your mind can play tricks on you. The lessons are all the same, you have to train your mind.
Do you make money every : day/week/month/year?
Yes, have to pay the bills.
Do you trade your own money only or manage other peoples money?
My money. And a couple of friends' accounts.
How do you manage risk? Risk?
Every trade is a risk. You manage the risk but following your entry/exit rules.
How long do you typically hold a stock? Minutes. Unless it's a special situation.
Do you trade every day?
Just about.
Do you take vacations?
As often as I can. I can day trade on vacation or take time off.
What's the best thing about trading stocks for a living?
You make more money in minutes than most do all day/week/month. You can trade any-where that has an Internet connection.
Is day trading for everyone?
NO. Some people are too afraid. Some people have no desire to "work" in the stock market for a living. They must decide this
What are the advantages of day trading over longer-term trading/investing?
You are not subject to overnight disasters. As long as you are willing to go long and short I can profit almost every day. Most trend followers can only make money in bull markets.
How much of your wealth have you got in day trading?
About 20%
How many positions do you trade at any one time?
Manually, only one open trade. That's all I need.
Go long and short? Margin? Options? Forex?
Yes, long/short. Yes, margin. I haven't traded options in years. Yes, FOREX.
What's your way of managing risk?
Taking profit too soon.
What's the biggest misconception about trading? (Diversify? Invest for the long term? When it goes down buy more? etc.…)
That someone actually knows and/or controls the market. It's just a guessing game. That's all it is.
Do you think if you tell people how to trade i.e give them your method, they will actually FOLLOW IT?
If they watch it long enough, they'll kick themselves if they don't.
How long did you trade until you found your "niche"?
About 3 years. I quit listening to others. A friend had told me FIND THE PATTERN. Once I found my first pattern, that was it! I don't care what anyone else says, does, makes, etc… it is NOT my concern. My account is my concern.
Have you spent much on your education? Aprox.?
About $1,000.
Why are you willing to let others trade your method now?
I have always been willing to let others trade how I trade. If I am buying, I want more buyers not less. Buyers drive the price up. If I am shorting, I want more sellers not less. Sellers drive the price down. Most people have it backwards. They don't want others to do what they do when they do it. They forget the simple law of supply and demand.
Does it go long and short?
Yes.
What makes it so good?
It doesn't chase the price.
How many trades a day/week?
Usually, one or more per day.
How did you come across this method?
Looking at charts for years.
What services do you use to trade this method?
Any charting service that allows you to program your own indicators.
I use eSignal. Aprox.
What is your typical monthly R.O.E with this method?
I don't look at it that way. I have a daily goal. Either I hit it or I don't.
I may trade 1000 shares of AAPL at $60 a share or 100 of GOOG at $400 a share. If I make $100 each, I don't care about the "return". Just the cash.
All I care about is hitting my goal.
Is it solely intra- day or can it be used to Swing trade? If so, how long is the typical holding period?
You can use it for day or swing trades. You hold until the next signal if you are swing trading.
What indicators does it use?
There are no indicators involved. Just a simple calculation.
Sum up why you like this style of trading so much.
It is simple and profitable of course.
Does it mean watching the quote machine all day?
You don't have to, if you don't want to. You can stop in and stop out of the trade.
Book mark this page. Mr. H. is going to sell 1,000 copies of his X-over trading method on the 1st November 2006. Once 1,000 are sold this product will be taken off the market. It's going to consist of a hard booklet and a CD-ROM with plenty of examples delivered to your address. The method will be fully explained with plenty of examples. 1,000 copies. Goes live on 1st November 2006. You can pre-order a copy now or wait. BUT this is not some marketing ploy. Mr.H. told me he is only willing to sell 1,000 copies and then wants it closed. How fast that goes is anyone's guess.
PRE ORDER RIGHT HERE, RIGHT NOW for $500 ( LOWEST IN THE WORLD TODAY!)
Thank you Mr. H.
Mark Crisp