Well, its been a few months since I last posted. I did complete everything and did trade in this rather tight market. I did very well with their methods and made back everything I had spent on the course and more
Until the August flash crash and then made a rookie mistake and feel away from my...
I have been quite happy with Alpha 7 for the last few months. The chat room has helped me solidify better trade strategies and allow me the freedom to gain experience from more experienced traders live. People will 'call out' trades and be advised of if their thesis as to why they are looking at...
You are in one of the tightest / least liquid markets in a long time. Look at how tight the S&P has been since roughly mid-Feb / March until now.
This leads to a lot of whipsawing around. Which in turns means that reversion occurs easily and head fakes come fast and furious.
I trade my own...
I did end up going through them and found the courses informative. The trade structures and processes are very good. The chat room is great because you can trade your own account or a paper ThinkOrSwim acct and be in the chat room with an experienced trader. Usually there are 10 or so students...
So if they are a hedge fund... what makes that worse or better than going through a BD / prop firm?
Sorry for the newbie questions, but I'd like to understand.
Thanks in advance
So, I am starting to get a flavor of these different firms. I am very familiar with Jea Yu and his strategies. They seem to be good and his association with Alpha 7 seems real as opposed to other firms which i see more as 'prop trader propaganda'. The one thing that seems different with Alpha 7...