PureTick – High Probability Futures Trading

Trading Results for 2010!

February 8th, 2010

We are really starting off a great year!!

So far here are PureTick’s trading results:

We have called 256 trades
224 have been winners
That = 87.5% success rate.

Our model account is up $29,130.00 so far.

Good job Alex and all of our traders!!

Alex Wasilewski, of PureTick.com will be presenting a LIVE four hour seminar at the Online Trading Expo Feb 15th, 2010. Special guest Jea Yu will also be presenting! Sign up at the link below as seating is limited and early bird discount in effect until January 28th, 2010.

Information LINK: http://tinyurl.com/y8jplue or http://www.moneyshow.com/nyot/workshopDetails.asp?wkspID=E5D19E4FA5F14A7C969C077D49E774A4&scode=016272

For all of you who wanted to meet Alex, this is finally your chance!. Newbiews, as well as current and former members of PureTick.com are all invited.

Alex will deliver his trading weapons along with instructions on handling them so every attendee can implement them immediately, with most charting packages.

The seminar will be on Mon., Feb. 15, 1:00 pm-5:00 pm, free beverages and snacks provided.

Each attendee will also receive a free ten-calendar-day trial to the trading alerts service at PureTick.com.

*********************
Geoffrey Lay
Co-Founder & Trader
Pure Tick Inc
geoff@puretick.com
http://www.puretick.com – Learn to Day Trade While Generating Income

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Trade for a living ASAP!

December 1st, 2009

Hi Guys,

For those of you who really really truly want to learn to trade in 1-2 months then please check out this video PGB brought to my attention. It will definitely put things in to perspective for you and it’s pretty funny as well.

VIDEO LINK: http://www.youtube.com/watch?v=cSRu6CaJd_g

Geoff

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List of Excuses for Qutting Trading

November 11th, 2009

Here is a recent list of excuses traders have used to quit trading room.

I need to make some home improvements.
We need to help our son select a college.
My wife lost her job.
We are taking a two week vacation.
I am not a good trader; I will return when I have learned how to trade successfully.
A personal situation has come up.
My mother has gotten ill.
I need knee surgery and can not move about
My father died.
I have to leave the country.
We are thinking of getting a pet.
My computer broke.
A friend told me that trading is not a profitable business.
My wife does not like me home all day.
There are too many distractions.
My boss discovered my trading on company time and wanted to fire me.
I assumed that you would call the trades so I would not have to learn how to trade.
I signed into the trading room for a whole month and only made $375.00. This is not worth it.
I made $5,000.00 in my first month of trading, but I got called back at my job where I was laid off.

Is your goal to become a professional trader? If so, we can’t just give up at the drop of a hat. This is what seperates some of us from WORLD CLASS competition. Here is a video that really conveys this idea even more: http://www.youtube.com/watch?v=cSRu6CaJd_g

Thanks to PGB for posting!

Successfully,

Alex L. Wasilewski
Co-Founder & Head Trader
Trades That Work
www.puretick.com
1-877-GOLONG1 (1-877-465-6641)

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Faaaaaaaaaaaast Data!

October 16th, 2009

Hi Guys,

One of our users in the room (Duke) spent all night testing tick data from CME/CBOT from Zenfire / eSignal / DTN IQ / OEC…….

Guess what…!

Zenfire sends fast and the cleanest CBOT data among these…

Keep that inmind when grabbing your data feeds!

—- CajunDragon

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PureTick Track Record Analysis

October 8th, 2009

From user: HJ

I was looking at the data from the “Track Record” page on your web site for 2009. As we head into the 2nd half of 2009 I just wanted to pass on to you some stats I discovered based on the official calls. Maybe you already know all of this but I found it interesting and impressive.
(Based on 125 trading days in 2009)

Did you know there is a 34.4% (1 in 3) chance that on any given trading day Alex will NOT call a single losing play. (in 125 trading days 43 of these days registered “0″ losing plays!!)
Did you know there is a 86.6% chance that Alex will NOT call back to back (2) or more losing trades in a row on any given day. (43 days with NO losing trades + 65 days where a single losing trade was then followed by a winning trade on the same day – NO consecutive losing trades on the same day).
Did you know there is only a 4.0% chance that Alex will call back to back to back (3) or more losing trades in a row on any given day. (in 125 trading days, Alex called 3 losing trades in a row on a given day on 3 of the 125 days, and 4 losing trades in a row on 2 of the 125 days!!!!)
Did you know there is only a 1.6% chance that Alex will call 4 losing trades in a row on any given day. (in 125 trading days this only happened on 2 of the 125 days!!!! – Never did Alex call 5 losing trades in a row.)
Did you know Alex’s risk reward ratio on scalps is approx 3.2:1 (swing trades were not factored in)

Anyway, still learning and as always trying to wrangle up some capital to get in this game. When looking at the results in this light it can really get a person excited!

Thanks,
hj

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Alex On Radio Show Oct 10th

October 6th, 2009

Alex will be on the RADIO…a financial show.

Saturday the 10th of October

around 5pm PST

Online: www.ktsa.comOn Air: 550 AM San Antonio

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Skips setups, experience in Puretick and hot tips!

October 6th, 2009

You guys asked for my setups, here they are…..very simple

Two setups……
on both setups I use 4 contracts with a 30 tick stop and take 1/2 off at 10, 1/4 off at 15 and final 1/4 target at 30. The final target is totally discetionary for more or less than the 30.
When the first target is hit I move the stop from -30 to -10 and when second target is hit move stop to break even.

set up 1)
RSI Divergence
have 50 Tick YM chart with an RSI indicator set to 80 and 20…(stock TS indicator set at 30 + 70) to detect real extreme. Put alert on the 20 and 80 lines Let RSI hit the extreme line and note price. Let price bounce and wait for it to press back lower/higher noting position of RSI. If RSI doesn’t reach the extreme but price goes beyond original extreme you have divergence. Use in conjunction with $TICK extreme. Always better with support or resistance.

set up 2)
Pivots
use daily and weekly……use Woodies from mypivot.com or calculate yourself
do not bother with mid pivots or monthly pivots
place limit order 5 ticks in front of pivot
will take second stab at any pivot if ticks at extreme and rsi pegged

couple notes:

these two setups work for me, every trader is different and is successful in different setups and styles……test your setups, there are thousands of combos, make sure they work…..if you think you can do this by feel…..forget it……that is reserved for only the very best and even then only with years of screen time.

test these setups on sim for 2 wks minimum……I firmly believe you can only trade with confidence if you are confident ( I mean you absolutely know) your setup has a positive profit expectation…that means test it.

Alex is the man but I do not have his expertise particularly with tape reading or mkt presence/feel so I take very few of his calls. That being said, I only take calls I am absolutley comfortable with that fit my trading profile and I see coming. Many times our thoughts coincide. Other times I fade his calls when they press into my setups…this does happen frequently. We are not competing….he would be cashing out of a trade and I will be taking his contracts at what I consider an exhaustion point with support/resistance..

Like Alex have had numerous gurus and have learned something from all of them. Alex helped me put the piece of the puzzle together that made me profitable. He helped me with getting a feel for the market direction with his charts, time frames, and MAs that I never had. Also even more importantly the concept of PANIC and where to look for it.

I am working hard to incorporate Alex trades in my repertoire as I see how well he does every day.

Been futures trading for 26 months now…..16 months abjectly RED, 6 with nose at water line and the last 4, since joining Puretick room, GREEN. First 3 months of 2009 had only 3 RED days…March 100% GREEN. an absolute miracle. Editors note….unfortunately April already have 3 RED days but doing well, still a miracle in my book.

I now only trade 9:45 to noon, get away from computer for DZ, come back refreshed for 2 to 3:30. If I am green I shut down at 3:30. no question….too important for me to be psychologically strong at end of day looking forward to next days adventure. I have been averaging approx $600-$700 net per day and even with a $100 positive at 3:30 I am out. Have spent way too many late afternoons chasing, reversing and damaging my psyche.

Couple nuggets learned hard way:
No chasinge
First 15 minutes, DZ and last 1/2 hr are psyche trashers and indicators are worthless
Know your stop before entering trade
Take your stop…..every time
Know your trade….if you don’t know why you are taking it….don’t
Learn to trade one thing before you try to trade everything
MOST IMPORTANT OF ALL
Sim till you know you have a good setup and can execute it profitably

good luck,
Skip

Thomas ‘Skip’ Kelley
603-860-1664

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Massive Trading Video List!

October 3rd, 2009

Greetings,

By popular request, here is an UPDATED (10/3/2009) recent list of recent videos on-line on the PureTick site. . . .

The topic/content is listed as well as a direct link to the video below the description.

Psychology and learning to trade:

How to deal with 10 trading losses in a row:

VIDEO: http://www.puretick.com/video/losses

Importance of evaluating your own trading. How do you set trading goals? What are your objectives? Do you have a check list?

VIDEO: http://www.puretick.com/video/eval

VIDEO: http://www.puretick.com/video/eval2 (part 2)

The danger of having a trading bias and not being flexable:

VIDEO: http://www.puretick.com/video/cure

Dealing with intra-day distractions that effect your trading:

VIDEO: http://www.puretick.com/video/notreally

Get a clear grasp of how to become a professional trader in about 2 minutes! No books to read, no studying. See video link below and we will follow it up with a brief discussion in the trading room:

VIDEO: http://www.puretick.com/video/success

Getting up to speed to become a professional trader as quickly as possibile!

VIDEO: http://www.puretick.com/video/fast

The Brutal Truth about Learning to Trade

VIDEO LINK: http://www.puretick.com/video/thetruth

How to use a trading coach to become a professional trader:

VIDEO LINK: http://www.puretick.com/video/coach

Why we prefer to trade the DOW over the S&P:

VIDEO LINK: http://www.puretick.com/video/dow

Are you a professional or still a newbie? Here’s how you can tell:

VIDEO LINK: http://www.puretick.com/video/itstrue

The vertical dolphin does not work!!

VIDEO LINK: http://www.puretick.com/video/dolphin

When is it OK to break the rules!?

VIDEO LINK: http://www.puretick.com/video/rules

Top and bottom picking:

VIDEO LINK: http://www.puretick.com/video/bottomy

“Bad driver with a sweet car”. Well, what the heck do we mean by that, and how does this relate to trading.

VIDEO LINK: http://www.puretick.com/video/theroad

New Years Eve Video. Notes on becomming a professional trader for the new year:

VIDEO LINK: http://www.puretick.com/video/checkmate/

What makes 90% of traders fail?

http://www.puretick.com/video/traders

This video was inspired by trader “Obazz”. Hey your famous now!! There is always something that will keep you from trading. Lets check it out.

VIDEO LINK: http://www.puretick.com/video/some/

Morning trading notes from Alex:

VIDEO: http://www.puretick.com/video/best

Alex has produced a trading video for Sunday Feb 1st 2009. Today we’ll watch some football teams kick butt in the Super Bowl, then tomorrow we’ll do a little butt kicking of our own on the digital trading battlefield. Click on the link below to view. Motivational.

VIDEO LINK: http://www.puretick.com/video/buttkick/

Cleaning Up Your Attitude and Placing Trades

http://www.puretick.com/video/clean

How do crawl back from a string of losses:

VIDEO LINK: http://www.puretick.com/video/crawl/

Various trading issues:

VIDEO LINK: http://www.puretick.com/video/revenge

Alex’s morning pre-market preparation rules

VIDEO LINK: http://www.puretick.com/video/routine

Trading based on a setup and not your price level:

VIDEO LINK: http://www.puretick.com/video/price

How to properly pick a top in the market:

VIDEO LINK: http://www.puretick.com/video/pikatop

Here is a video Alex has just created entitled “Bad Trades. What do you do after you take one?” Also included is commentary on spiky day trading.

VIDEO LINK: http://www.puretick.com/video/bad/

How to reenter a trade that just got

stopped out, without it becoming a revenge trade

VIDEO LINK: http://www.puretick.com/video/stopped

Pulling the trigger after a losing trade”

VIDEO LINK: http://www.puretick.com/video/wow

Talking yourself in and out of trades.

VIDEO: http://www.puretick.com/video/badtalk

Letting other traders influence your trading plan:

http://www.puretick.com/video/change

*Tonight’s trading video is entitled “Dumb and Smarter”. It deals a little bit with heard psychology. Alex speaks about taking advantage of people who trade purely from their emotions.

VIDEO LINK: http://www.puretick.com/video/dummy

Fathers day thrills:

VIDEO LINK: http://www.puretick.com/video/boring

How you can emulate Alex’s track record:

VIDEO LINK: http://www.puretick.com/video/profits

Computers, chart set-up and pit audio:

How to install HotComm Lite properly so you can connect to PureTick:

VIDEO LINK: http://www.puretick.com/install

Speed up your execution platform/PC:

VIDEO LINK: http://www.puretick.com/video/cleanup/

Alex’s screen and charting layout:

VIDEO LINK: http://www.puretick.com/video/layouta/

The Standard layout we use to trade the e-mini dow YM:

VIDEO LINK: http://www.puretick.com/video/layoutg/

Alex speaking about his layout and settings:

VIDEO LINK: http://www.puretick.com/video/ma/

What types of charts are appropriate for different market conditions?:

VIDEO LINK: http://www.puretick.com/video/kind/

Cherry picking trades out of your plan. HotCommCL install info. Free journal. Trade setups

VIDEO LINK: http://www.puretick.com/video/sunday/

How to gain access to member forum. Sticking to setups. Max span play:

VIDEO LINK: http://www.puretick.com/video/021107/

Catastrophic exchange crash! How to handle this. How to hedge your open positions:

VIDEO LINK: http://www.puretick.com/video/hedge/

How the heck to trade with pit audio??!

VIDEO LINK: http://www.puretick.com/video/trapped/

Risk Management:

Scale up selling. When to do it and how to do it.

VIDEO LINK: http://www.puretick.com/video/scaleup

Good valid vs. non-valid stops!

VIDEO: http://www.puretick.com/video/valid

Dynamic vs static stops and when to use each:

VIDEO LINK: http://www.puretick.com/video/dynamic

Knowing where to place stops. Here is a short video from Alex on stop loss selection. This video is especially useful for newer traders.

VIDEO LINK: http://www.puretick.com/video/stopit

What happens when you don’t stick with the major trend. Disaster!

VIDEO LINK: http://www.puretick.com/video/rumble

When do you trail your stops or when do you get all out at your first target:

VIDEO LINK: http://www.puretick.com/video/hitthetrail

Today’s video discusses the nature of a chart or ‘picture’ of the market. Alex also goes over the importance of trading with multiple time frames in mind.

VIDEO LINK: http://www.puretick.com/video/this

Stay on Target”. In this video Alex goes over target areas and stops. This will be helpful to new and seasoned traders. Click on to the link below to view the video and become enlightened.

VIDEO LINK: http://www.puretick.com/video/target/

What’s the best futures market for a newbie to trade?:

http://www.puretick.com/video/bestindex

The psychology of trading and how it relates to risk:

VIDEO LINK: http://www.puretick.com/video/1car

Stops? What are those. Where should I place them?

VIDEO LINK: http://www.puretick.com/video/stopman

How To Pick Your Stops via Volatility:

VIDEO LINK: http://www.puretick.com/video/stops

Stop Placement and General Information

VIDEO LINK: http://www.puretick.com/video/ea

The Shortest Trading Video Ever

VIDEO LINK: http://www.puretick.com/video/short

Alex Speaking about contract sizing:

VIDEO LINK: http://www.puretick.com/video/contract

How many contracts do you use when trading? One?

http://www.puretick.com/video/many

How to avoid ‘The Chop Zone’ while trading:

VIDEO: http://www.puretick.com/video/choppy

Follow up to Chop Zone video:

VIDEO: http://www.puretick.com/video/respect

Position sizing management and chop recognition:

VIDEO: http://www.puretick.com/position

How to lower your commissions substantially:

http://www.puretick.com/video/idem.wmv

Broad market indicators and time cycles:

What to look for when starting the trading day:

http://www.puretick.com/video/look

Market internals, charts, and scanning order in which Alex looks at before putting on a trade.

VIDEO LINK: http://www.puretick.com/video/scanners

Time Frame Analysis:

VIDEO LINK: http://www.puretick.com/video/clock/

As you know markets do not go straight down and up. They contain

waves or cycles. Tonight’s video focuses on the nature of a cycle,

how markets change direction… Click on to the video link below if

The nature of a cycle how markets change direction.

VIDEO LINK: http://www.puretick.com/video/cycle

Break out trading instructional VIDEO:

VIDEO LINK: http://www.puretick.com/video/break/

‘When to Scalp and when to sit on your hands’. Check out the link below for the video (flash required). See everyone in the room. Yesterday was choppy but we made some good trades.

VIDEO LINK: http://www.puretick.com/video/when

Sneaky lunch time buying phenomeum:

VIDEO LINK: http://www.puretick.com/video/sneaky

Alex talks a bit about the longer term aspects of scalping. You need to know when its ok to switch modes! Being able to hit a home run can make or break your account. Pick the right time to trail your stops for greater profit instead of just getting all in or all out at your first target.

VIDEO LINK: http://www.puretick.com/video/homer/

This video from Alex is entitled “Panic Predictors!” and can be viewed by clicking on the link below.

VIDEO LINK: http://www.puretick.com/video/predict/

How to identify panic and know if your on the right side of it:

VIDEO LINK: http://www.puretick.com/video/wait4it

This trading video from Alex is all about trading the future when you have no time machine and can be viewed by clicking on the link below.

VIDEO LINK: http://www.puretick.com/video/future/

After lunch time maddness:

VIDEO: http://www.puretick.com/video/zoneofdeath/

Using multiple time frames for T S&R

http://www.puretick.com/video/multi

What are pivots? Why do they work?

http://www.puretick.com/video/pivot

How to get the advance/declines & pivots on to Trade Station:

http://www.puretick.com/video/advdecl

Tug of War . When Market Internals are Mixed

VIDEO LINK: http://www.puretick.com/video/tugowar

Alex’s Thought’s on Longer Term Trades:

http://www.puretick.com/video/long

Entering SWING trades with the TTW methods:

VIDEO: http://www.puretick.com/video/swingit

Narrow Range Trading Days and NR7:

http://www.puretick.com/video/nr7

Market Profile. Brief explanation of Market Profile:

http://www.puretick.com/video/mp/

Set-ups and Timing entries and exits on a trade:

BEAT THE BUZZER:

VIDEO: http://www.puretick.com/video/beatit/

Market entry techniques. Market? Limit? Adds? Stops?

VIDEO: http://www.puretick.com/video/doit

Important factors when getting in to a trade:

VIDEO LINK: http://www.puretick.com/video/entry

How to enter a multiple contract trade:

VIDEO LINK: http://www.puretick.com/video/mirage/

More effective ways you can enter a trade:

VIDEO: http://www.puretick.com/video/continue

The stages of a trade setup or ‘big picture’ if you will.

VIDEO LINK: http://www.puretick.com/video/biggie

Trailing a stop methods:

VIDEO LINK: http://www.puretick.com/video/trail

“Premature Execution” focuses on rushing in to a trade

before knowing your risk/reward ratio. Alex uses a trigger short

example from the trading room as an example.

VIDEO LINK: http://www.puretick.com/video/premature/

Double bottoms or break downs. How can you tell?

VIDEO LINK: http://www.puretick.com/video/double

We take a look at divergence and how to enter a position based on the relative strength oscillator.

VIDEO LINK: http://www.puretick.com/video/divergence/

What is a flush out? Flush out volume or a flush out candle?

VIDEO LINK: http://www.puretick.com/video/flush

How to trail your stops when your in a good trade. Maximize your profit!

VIDEO LINK: http://www.puretick.com/video/happytrails

What to do once a trend becomes ‘old’ or too apparent.

VIDEO LINK: http://www.puretick.com/video/marzipan

Adding to a position or going all in at one swoop.

VIDEO LINK: http://www.puretick.com/video/allinoradd

All about ‘The Continuation Pattern’. How do you get in it? What is it? What are your objectives? This video covers those questions. I hope everyone is gearing up for a magical new years eve celebration. 2009 looks to be a good year for PureTick. We are introducing a program which I currently can’t talk about but will be announced very soon. Thanks Alex for all the great trades we did in 2008!

VIDEO LINK: http://www.puretick.com/video/continue

This video was inspired by Chipper in the trading. It discusses how to use the 89 tick chart to enter a retracement trade. Double click on the link below to view the video.

VIDEO: http://www.puretick.com/video/89t/

The 2 ways you can trade the 89 tick bar chart:

VIDEO: http://www.puretick.com/video/2x

There is a very important but basic subject. It deals with entering a trade when your hear the PureTick buzzer or when one of your own trading setups unfolds. No one likes to get in a trade and take 15 ticks of heat. Alex discusses a tactic you can use to reduce your heat and enter the trade with more accuracy.

VIDEO LINK: http://www.puretick.com/video/three/

Super Bowl Sunday Trading Lesson (Timing entry on a breakout trade)

VIDEO LINK: http://www.puretick.com/video/goodbad

Alex has just produced a video on the 3 waves or impulses that you often times see in a market movement.

VIDEO LINK: http://www.puretick.com/video/3wave/

“The difference between pullback vs pullback and reversal trades”

VIDEO LINK: http://www.puretick.com/video/peanuts/

How to identify panic

http://www.puretick.com/video/panic

All about the break out trade, and questions we received in the room. When do you take it? What should you

look for? What type of risk will you be taking? Click on the link below to access this video:

VIDEO LINK: http://www.puretick.com/video/dance/

One of the worst situations you can get in to trading is the “Follow The Leader Trade”. Watch this video to find out more about this scenario and how to not fall in to that pit.

VIDEO LINK: http://www.puretick.com/video/follow

Chasing is Like Drinking and Driving:

http://www.puretick.com/video/blast

How do you determine when to wait and do a pullback trade or jump in right away with the momentum?

VIDEO LINK: http://www.puretick.com/video/pully

*How do you know when a retracement trade is breaking back or breaking up?

This video will explain how Alex looks at break out trades in context with the trend.

VIDEO LINK: http://www.puretick.com/video/breakbackmountain/

Alex Talking about the Goldilocks trading setup:

http://www.puretick.com/video/golden

When is it time to get the heck out?

http://www.puretick.com/video/getout

Trend lines, trends, triangles, reversals and bounce points:

All about triangles! Not the musical instrument but the chart formation. We get tons of questions on this formation. Hopefully this video will clarify a few issues.

VIDEO LINK: http://www.puretick.com/video/trifecta/

When to expect a trend to continue or not:

VIDEO LINK: http://www.puretick.com/video/expect

How to get in to a trend move without getting left behind:

VIDEO LINK: http://www.puretick.com/video/itsinthere

Finding prior support and resistance areas:

VIDEO LINK: http://www.puretick.com/video/supportme

The elements of a trend and what to do with those counter trend moves within a trending market:

VIDEO LINK: http://www.puretick.com/video/watch

Alex picks apart the he old axiom ‘the trend is your friend’

VIDEO LINK: http://www.puretick.com/video/friends

Alex has just done a grand video on how catch the train on days when the market is trending in a big way.