Chartsky’s LIVE! Trading Room . . .
Join us in a LIVE! Trading Room where we day trade some of the most volatile and profitable futures markets: Crude Oil, Gold (when there’s enough interest), the E-Mini S&P (ES), the E-Mini NASDAQ (NQ) and the EuroFX.
And . . . YES! I’m still here and still calling trades in real-time, as they set-up and develop, every morning in the LIVE! Trading Room! If you see this page, I’m still calling trades in the LIVE! Trading Room . . . I just don’t post videos every day like many others (and that’s explained on the FAQ page).
As far as what I do: You can see the entry, the protective stops and the profit targets on the screen — for each and every trade in the LIVE! Trading Room.
We shoot for a $300-$400 per position Daily Profit Target and then stop to enjoy the rest of our day.
I firmly believe that trading is a LIFESTYLE choice and you should enjoy the result of your efforts and reward yourself.
It’s perfect for those who want or need a second income to make ends meet in these difficult times; or those who want a new career entirely.
It’s perfect for those who want or need to build-up their savings for college tuition or retirement; or need to recover from unexpected financial hits.
But if you want to spend 6-8 hours (or more) staring at a computer screen, you might want to go work for some corporation or maybe try starting your own small business. If you already work for someone else or imagine what it would be like to live the lifestyle of a successful professional day trader, read on because . . .
2018 Has Seen Increased Volatility
And That Has Meant Bigger Profits For Us!
2018 began with corporate profit repatriation — which we knew (in advance) would result in massive stock buy-backs and a market that went up-up-UP! But then the LONG overdue correction hit and markets stalled and finally started coming down.
That’s great! It entices institutions and other deep pockets into the markets when they can move up OR down — and, except for a rough few weeks in February 2018, we’ve enjoyed the increased volatility for all of 2018 so far!
In fact, the volatility stayed so nice, for the first time I can ever remember, we never went to my normal Summer Scalps this year.
But why not take a look at some recent days from September 2018?
September 13, 2018:
September 12, 2018:
September 11, 2018:
September 10, 2018:
Some FLASHBACK! Videos from earlier in September and days from the Summer:
September 4, 2018:
And more coming soon.
In case you haven’t already heard . . .this LIVE! Trading Room is different than every other Trading Room I know of.
It’s set-up so I can call out real live, actual trades as they happen!
It’s set up so you can see the trades before they’ve been entered and as they are managed!
It’s set-up so you can hear me discuss market structure, price action and order flow (my “recipe” for profitable trading) as it develops!
It’s set-up so you can see strong levels of support and resistance (which I call S-R Levels and Stealth S-R Zones) — which are good for at least the rest of the day and often for several days!
It’s set-up so you can see with your own eyes that trading can be profitable!
If you’ve watched any of the videos above, or any of the nearly 100 others on my YouTube Channel, you know what I mean. If you haven’t, I urge you to watch at least one because they contain live trades — ALL called in advance — and managed right on the screen where you can see them . . . and could have traded right along with us.
How does my LIVE! Trading Room compare to others you’ve seen or heard of (or maybe even tried)?
First, I always clearly call out our entry, our stop, and our profit target for each and every trade — in advance!
Not like so many that tell you they’re already “in” after-the-fact . . .
Or are “taking profits now” when you didn’t even know to enter . . .
Or those who give “consider buying ES” calls that can’t be traded . . .
Or those who suddenly “punch out” near an entry in a trade that turns bad . . .
Or those who give free trials but use special indicators you have to buy . . .
Or those who use special code (Like, “Here’s a B2B coming up.”) . . .
Or those who use “students” to call trades for their own “practice!”
I hope none of that sounds familiar, but it might.
Since I don’t advertise, I’m usually not the first Trading Room folks find or try. And I’ll bet you didn’t find me first either . . . right? But I believe all things happen for a reason and you found me for a reason! I’m often told about other popular Trading Rooms when a new Member joins. I’ve been told about every single example above and heard (more than once) one of the most popular — one closely associated with a funded trader program — talks so fast and uses such confusing language, it’s hard to know when (or why) they enter a trade until it’s already done and you may never have gotten that entry price. You see stops, but they’re often moved — that’s right, stops are extended to avoid being hit — then sometimes the trades just disappear off the screen. That’s what I’ve been told so please don’t misunderstand: I’m not accusing that Trading Room of anything except being different than mine.
With that said, if moving their stops works for that Room, then fine. I just think it’s a VERY bad habit — and I try to teach only good habits since most folks that join us in the LIVE! Trading Room are either new or struggling traders.
And with that said, if another trading room’s fast talk of “market maker levels” and “daily supply zones” and “point of control” and “settlement” and “fair value zones,” and VWAP, etc. helps them understand price and trade well, then fine again. I’d love to see everybody making money — although that’s not realistic. I think most new or struggling traders just need to know where to get in, where to place their stop and how to manage a trade. You can teach all of the rest (and much, much more) — and I do — to one-on-one students.
But if you’ve seen anything like any of this, it’s enough to know that I bend over backwards to be different! I try to be totally transparent!
I believe in simplicity and so we call out the entry, a protective stop and profit target levels only. You see FIVE simple, naked price charts — just like the charts in the videos shown above (one for each market we trade) — all easy to read — not 6-7-8 different-sized confusing windows crushed together.
Like I said, I believe in transparency, and so we mark-up the winning trades, all the losing trades and all the break-even trades. ALL of them! Right there on the charts. Right when they happen.
We also add significant support-resistance levels sometimes (my S-R Levels referenced above) and, when appropriate, my Line In The Sand and the Key Decision levels. Those are good for at least the rest of that day . . . in case you want to keep practicing. And, by the way, the S-R Levels, the Stealth S-R Zones, The Line In The Sand and The Key Decision Level (and more) are not placed according to what is widely accepted or taught or discussed in any of the popular “blind leading the blind” forums. Mine are differently colored for different strength and the ones designed to be are usually good to-the-tick. Folks are often amazed at their uncanny accuracy!
And not to beat a dead horse, but every single entry, stop and profit target in my LIVE! Trading Room is called out in advance . . . and usually repeated.
We NEVER extend stops!
That’s right. Never. If they’re placed properly, there’s no need to! And ours are what I call catastrophic stops — stops that are designed not to be hit unless something unexpected happens . . . like a price spike. We usually can get out of a trade that doesn’t work at break-even, or with a small loss. In fact, I try very hard to keep any losses so small that multiple losses can be recovered with a single profitable trade! Now we do go to break-even as soon as price tells me that’s best. We do lock-in profits with a trailing stop on occasion — but not usually — and never so we can “get something, get anything” from a trade. However, extending a stop just to avoid a loss? Not us!
But we sometimes DO extend Profit Targets . . .
Often our entries are so precise we catch a Pivot as it’s forming! When we do, and at other times, especially based on market structure and what price action is doing while we’re in a trade, I will occasionally try to maximize that great Entry, or take advantage of what price action is telling us , by extending our regular Profit Targets. Even though we could take a much more certain (but lesser) Profit Target — giving the FULL Daily Profit Target — I still try to help members out as much as I can.
We may tighten-up Profit Targets . . .
Now, as opposed to the less than helpful mentality of “Gosh . . . let’s get something, get anything” from a trade, if I see price doesn’t want to go to the full initial Profit Target, because there are times when the the NASDAQ won’t run 80-100 ticks but will give 40-50 — or the E-Mini S&P (ES) won’t go a full 5-points but will go 3-points — or maybe another market (like Crude Oil — CL) just won’t go, say, 25-ticks but it will give you 20-ticks or 15-ticks or just 10-ticks — we could take less than the full initial Profit Target. Why be stubborn over a few ticks?
And we sometimes use what I call Add-On Trades.
These are trades with a second available entry — either above or below the initial entry — depending on price action. But you don’t have to take the add-on and I manage these trades from the initial position in case someone isn’t yet comfortable (or doesn’t have the account size needed yet) — unless I know everyone is taking the Add-On . . . or taking it from the back side. I am also happy to speak with Members and suggest different ways to trade Add-Ons — including the more conservative approach of entering from the back — risking 1/2 and getting around 25% more [which gives about a 3:1].
Just trade your Written Trading Plan.
I help every single new Member — and older Members if they want to change things — develop a written Trading Plan. We do this anywhere from after a few days to a few weeks of watching only and before you take your first live trade. Everyone is different and moves at different speeds. I do NOT suggest trading any particular number of contracts or positions for any specific account size, but I do help you decide if you want to take only the most conservative trades, regular daily trades, more aggressive trades, add-on trades, or any combination. We spend as much time on this as necessary until you’re comfortable and I strongly support you sticking to the Plan . . . until you change/update it. I remind members every day to “follow your plan!”
So . . . how long do we trade?
The LIVE! Trading Room is open from about 9:15 a.m. (EST) — beginning with an overview of the current state of our markets including overnight, the European Session and long-term price movement — what I call our Top-Down Analysis & Review ending with a daily Game Plan — then moving into the U.S. Session and continuing until we reach our Daily Profit Target of $300-$400 per position, sometimes more. Then we stop trading and enjoy the rest of our day! We stop at about 11:30 a.m. regardless.
Not bad for a part-time “job” is it?
But sometimes we’ve had to come back for an Afternoon Session which can last into 3:00 p.m. (EST) . . . sometimes we trade Morning and Afternoon and still can’t hit the Daily Profit Target (while sometimes we have Add-On Days which exceed, or greatly exceed the Daily Profit Target) . . . and sometimes we’ll still have losing days.
Note: I try to save the Pre-Market, the Lunchtime Scalping Sessions and the Afternoons for One-On-One students.
Regardless, it’s very important that you’re ready on time. You don’t want to come in late only to find we’re packing up and going home with the full Daily Profit Target — and we sometimes get it, literally, in less than 5-minutes!
OK . . . what does this cost?
Well, not (yet) the $500 a month one room charges . . . and not the $400 a month another highly-marketed room charges.
In fact, many trading rooms I’ve heard about don’t even let you sign-up for simply a monthly subscription — with no strings, no long-term commitment (unless you want one) and no “special” indicators or templates to buy or “lease” (and no eBook with explanations of what a “B2B” is).
And, to be fair, with the results we’ve enjoyed, I might not keep doing it much longer like this either. Did you watch the videos? I hope so.
But I’m still offering subscriptions to our LIVE! Trading Room — on a limited basis — for only $299.00 a month. That’s under $10.00 a day! One single CL tick! LESS than one single ES tick! You probably already spend that much on your lunch. Lock your price in now and never worry about an increase — and never worry about not having a spot!
Why a limited number of Members? Is this just a marketing gimmick like you’ve probably seen? No! It’s because we can throw whatever volume we want at the S&P for sure and probably the EuroFX as well — but too many trying to use the same price in Crude Oil or Gold (and especially the NASDAQ) could cause partial fills on limit orders and slippage on stops. As soon as our fills start getting affected, the LIVE! Trading Room will be closed to new Members.
And One-On-One students receive lifetime access to the LIVE! Trading Room.
So, after the last spots are gone, I’ll put your name on a waiting list.
However, our LIVE! Trading Room isn’t for everyone. I’m serious. If you lack discipline to wait on the best, most high-percentage set-ups; or if you lack the patience required sometimes to wait for price to hit our Profit Target; or if you are down to your last $1,000.00 and need to cherry-pick trades to try avoiding that final loser which will take you out of the business; then you’ll probably want to go elsewhere. Also, if you’re unrealistic about trading for a living: If you think you can make $20,000 a month from a $2,000 Account — or think a “good” trader never has losses, or never has losing days — or think you can pass a Top Step Combine by taking just a cherry-picked few of my trades but mostly yours — or think you can come whenever you choose and money will just magically pour out of your computer — maybe we’re not a good fit. But if you want high-percentage profitable trades, if you want steady account growth or steady monthly income and if you want a chance to maybe learn One-On-One how to trade for a living from anywhere in the world with broadband Internet . . . we’ll be happy to have you join us!
So I strongly encourage you to join us in the LIVE! Trading Room as a first step and then pursue One-On-One training if it’s still available. Unlike others, I don’t take just anyone who wants to pay for One-On-One training. But I discuss that and more over in the FAQs.
What about free trials?
I don’t do those any more,
except by special arrangement. They were a big hassle and regardless of what we did live that day for everyone to see, most just wanted more free trail days. Besides, I post videos that you can watch over-and-over where I call and manage trades live and you can have what amounts to a free trial that way and at your leisure. After watching my videos, if you’re still clamoring for a free trial, you can have them every day for months at dozens of other places — and still find yourself no closer to being profitable. We’re here for serious traders that want to make money . . . and, instead of trials, for the last couple of years, I’ve given Subscribers a guarantee.
What about your guarantee?
It’s simple: If I don’t call trades worth at least DOUBLE your subscription cost, your next month is on me! I did that — multiple times — in several of the videos above!
And remember, a percentage of every subscription goes to the ChildFund International.