To: SE who wrote (44003 ) 2/27/2001 11:24:35 AM From: SE Read Replies (2) | Respond to of 44573 Hi all. Thought I would poke my head back in and let you all know about what I have been doing the last couple weeks.patterntrading.com I just recently completed the distance learning course offered from the pattern trading website. First off, let me tell you what it is not. Regardless of the site’s name and the daily posting of the patterns, it is NOT a pattern course. The patterns are mentioned, but it is not a study of patterns, or even how to find the daily pattern. What it is is exactly as advertised. It is a unique course geared toward you the trader. And I don’t mean you as a trader, as in the class or group of people called traders. I mean you the trader. The course identifies your weaknesses and strengths through the MBTI test that Don gives you and then discusses the results with you and from a database of information he has garnered over the years plays specific models to your strengths. Nonsense you say? Take the free self belief quiz and see if off of 70 or so questions Don cannot identify some very pertinent facts about you specifically. In a couple p-mails I exchanged with another trader I was told that in the space of those 70 questions and 20 minutes on the phone Don identified the two strengths or weaknesses (I cannot recall which way it went) that it took him, the trader, 6 YEARS to discover.patterntrading.com Once he has done that, imagine what the full blown course will identify and be able to show you how to take advantage of those facts. If you are not interested in knowing what makes you tick, then don’t take the course. But everything I have read about trader tells me that one of, if not the most important aspect of being successful, is to know oneself. The course goes through about 6 to 8 specific indicators, many of the standard ones, moving averages, MACD, STO and so on. He shows you on a chart how to read them. I have read numerous trading books. I figured I knew how to read an MACD and a STO. I have learned techniques for reading both in this course I never saw before. Those specific techniques alone were worth the price of admission. Seriously. He taught me four models. The models were built after observing over 250 traders and personality types. The models specifically work for different personality types. For example, Nemer has identified himself on the FUPS board as an ENTP. The model I would pick for Nemer is Model A. I am an ISTJ as Nemer also guessed on the FUPS some five months ago. My makeup suggests that I am a Model C trader. Given some personality traits specific to me, my best trading will come from Model C, but using Model B for entries, at this point. The models are very fungible. I might set up a model B and since certain indicators made more sense to me in the way I read the market using them, I would use those specific indicators on that model. Someone else might use another set. Doesn’t matter, whatever works specifically for you, or in Don’s terms, “whatever melts your butter.” The course is set up around five one hour phone sessions. Don is not a punch the clock kind of a guy and will take extra time to make sure you know and understand the material. He has a specific outline of what needs to be accomplished, but to move him into a direction of something important to you is not hard and he wants to cover what is important to the person he is talking with, and less so his specific agenda. That material will be covered anyway, so he deals with the important matters as they come up and then moves forward. He helped me understand my limitations. He told me where my trouble spots either have been or will be. He showed me methods that make it clear to me that pulling points out of this market consistently should not be a problem. This is not esoteric stuff. This is nuts and bolts stuff. This is the stuff entries and exits are made of. Not the stuff of theory like so much out there. I don’t care if you like Ewave, Forks, Gann or Patterns, that stuff is simply a frame to the market. Gives you a road map. That stuff rarely tells you the market conditions have changed and the market is long right now, or short right now. It is almost more a step of faith. “Here is the mid line on the fork, guess it is time to buy.” Or “we hit 1317.65 on the cash, time to buy.” Nonsense. His stuff will give anyone, even the accomplished trader more specific rules to look for once your picture has been fulfilled. Imagine hitting a fork tine and then seeing on the chart specific signals that say yes, now it is time to be long. You just increased your odds of a winning trade 100 fold. I guess what I am saying, and no I am not getting anything back for saying this, is in my humble opinion, this course is unlike any other in that it is geared specifically to you. Your distance learning course with Don will be different than mine. I am also saying that based on what I have seen and learned, this course can help anyone, even someone who is tremendously successful already. You all know that I am not a sucker for educational courses. Most of the stuff out there is bogus. This guy is not. You get the real deal. Good Luck to all. Scott