Have you heard of Deliberate Practice in Trading Before?

[jbt]

“Deliberate practice” sounds good but it all depends on what you’re practicing.

Most people in this game practice failure. - Spot the f on!

“Deliberate practice” sounds good but it all depends on what you’re practicing.

Most people in this game practice failure. It used to be that we were on our own to do that indeliberately. Now there’s a whole industry set up to help people do it deliberately.

Well isn’t that special.

 

[TradingDrills]

The skill you practice is decision making. After all that's the skill that will end up determining if you are successful.

If you run through different charts one bar at a time you can look a a lot of charts in a short period of time. You can spend a couple hours a day watching a chart in real time or you can spend a couple hours running thought a lot of charts with deliberate practice.

Hi deaddog,
I agree with you and what you said is a very important part of our coaching that we call "Forward Test". The LMS system force all Drills to be taken in the right order but will not allow students access to the next workshop without spending a week and Forward Test the training bar by bar with real data. We will create free training lessons on how to do the Forward Test with popular trading software soon.

 

[TradingDrills]

Thanks for the response.

I'm actually quite expert at Technical Analysis... and was considering running through your course if I could do it on a "fast forward" basis.... and with the notion that if I recognize the value of your work I'd support it to other ETers. (Sooo many of us struggle and could really use some quality help.)

I saw one of your posts (which I haven't been able to relocate) about (1) fading counters to the trend and (2) fading big support/resistance against possible trend change. Both concepts are exactly correct... I just wanted to get a glimpse of how well you do it.

Hi Scataphagos,
Thanks for your supports and glad that you have become an expert in technical Analysis!
We do not teach the counter-trend setups in the PAAT course as that is an advanced skill that needs a separate course/drills. We have developed all our drills around a simple trend-following setup that includes 5 Algo conditions. This forces students to trade only high probability areas. There are psychological and Money management reasons behind this decision as this high win rate fits the psychology of most aspiring traders.
After PAAT, I will create the counter-trend course with Drills and use order flow and NYSE TICK to get confirmation of turning points.

 

[QTrader20]

I thought for few hundred $$$ that I'm willing to spend, I'd be able to have access to an ALGO TRADING SYSTEM for free to trade HIGH PROBABILITY SETUPS where I can max out leverages.

After reading this part of FAQs, I see why it's so cheap

 

[DiceAreCast]

That is not the truth and you know it. A sponsor who just appears here and then 8 or 9 completely fresh accounts show up? What a coincidence. Would you please post your offices' addresses and phone numbers and also profiles of all your "teachers" and trainers. We would love to know more about their pedigree and backgrounds.

Hi DiceAreCast,

We started our marketing as an ET sponsor a few weeks ago. I have a personal account in ET that I created ~ a decade ago and never posted anything here or in other forums before. The people who you mentioned are real people with fake names like you, to keep their privacy. I asked my trader instructors (my students who became consistently profitable and love helping others as a coach) to join the ET and participate in fruitful discussions. If they seem new to the ET site and never posted anything, that does not mean they do not know how to trade and should not like my posts.

We are operating our website and LSM system and trading servers from the US, Canada, and Singapore and have successful students all around the world who are not part of any public forum.

 

[fan27]

Hi Fan27,

Check out my IB statement when I was trading with a 30K account in 2008, which shows I am scalping YM with many trades (not just one trade by chance) and I had ~66% winning rate and R/R of 1.6 at that time.

That is like agreeing to go on a date with a 45 year old woman based on her high school prom picture. You have to do better than that mate.

 

[ph1l]

PS. : Regarding the claims of who operates this business, address in Beverly Hills (no specific address given) and all traders/coaches/assistants (most likely nonexistent) anonymous. No names, no backgrounds, no track record, nothing.

https://tradingdrills.com/pages/about-trading-drills-academy has

https://tradingdrills.com/pages/faq has

But the PAAT Product Page, https://tradingdrills.com/products/price-action-algo-trading-premium, has

And a google search for "Trading Drills Academy" shows

So Trading Drills Academy appears to be a new business which would explain the lack of information.

 

[DiceAreCast]

Which does not explain whether it is a legit business and whether anything of value is sold. Would you not agree that it's hard to believe a course or class is of value when you know nothing about the teacher? Would you not find it suspect that a self-proclaimed coach provides days of performance metrics from years ago? If not then you are a very trusting and optimistic individual. I am not posting to badmouth a business, but I think I/we have a right to ask questions.

https://tradingdrills.com/pages/about-trading-drills-academy has
View attachment 251197

https://tradingdrills.com/pages/faq has
View attachment 251199

But the PAAT Product Page, https://tradingdrills.com/products/price-action-algo-trading-premium, has
View attachment 251200

And a google search for "Trading Drills Academy" shows
View attachment 251201

So Trading Drills Academy appears to be a new business which would explain the lack of information.

 

[ph1l]

Which does not explain whether it is a legit business and whether anything of value is sold. Would you not agree that it's hard to believe a course or class is of value when you know nothing about the teacher? Would you not find it suspect that a self-proclaimed coach provides days of performance metrics from years ago? If not then you are a very trusting and optimistic individual. I am not posting to badmouth a business, but I think I/we have a right to ask questions.

I agree with what you wrote. The point of my post was Trading Drills has very little online presence (e.g., product page is not found), so the claim of "worked with over 500 students" seems suspect.

 

[TradingDrills]

https://tradingdrills.com/pages/about-trading-drills-academy has
View attachment 251197

https://tradingdrills.com/pages/faq has
View attachment 251199

But the PAAT Product Page, https://tradingdrills.com/products/price-action-algo-trading-premium, has
View attachment 251200

And a google search for "Trading Drills Academy" shows
View attachment 251201

So Trading Drills Academy appears to be a new business which would explain the lack of information.

Hi Pph1l,

Thanks for informing us and this has been fixed