Gan W.
TPT Review (From an Elite Member)
I'm an Elite Member of Mark's Pattern Trader community, and I joined him since Oct 2020. Pros: - Daily emails including reasons for entering trades (5 times per week before market opens the next day) - Weekly webinars for long term outlook of the market - Able to email trade related questions prior to weekly webinars - Live Q&A sessions during webinars - Polite and responsive support team - Watchlist includes Crypto, Currencies, Stocks, Commodities, Indices etc. - Teaches risk management and how to size your positions to prevent busting your account - Market outlook is almost always right long-term Cons: - Only daily emails. There isn't updates on his intraday actions / decisions - He's usually too early to enter - His stop loss may be considered tight if looking to go long term trades - He does go through rough patches as well (his trades aren't always right) - Waiting for Mark to answer trade related questions during weekly are usually too late if trading on any timeframe lower than weekly (market would have moved by then) - Even as an Elite, he tends to overlook/miss out on questions asked on weekly webinars (there's just that many questions which floods him and he might not be familiar with every single name of his Elite list) - You can't chat with other people/see other people's questions in his weekly webinars Overall, Mark's weekly webinars are really useful as knowledge and skills for trading. However, he does make mistakes but he is brutally honest about it. He is straightforward and gets to the point quickly. Highly recommend joining Mark, but his outlook is always for the longer term (days/weeks/months). The decision to take up his Elite/Accelerator/Advisory membership should still be up to your own risk appetite, frequency of your trades and ability to afford his programs.
Response from The Pattern Trader (Mark Shawzin)Apr 3, 2021
Hi Gan, sorry we didn't reply earlier. Your review has been so helpful. We've actually tried implementing some of your suggestions. - Only daily emails. There isn't updates on his intraday actions / decisions: You can now join me on daily Q&As on YouTube at 11am Mon-Thurs to check in on his trades and any other decisions I've made. - He's usually too early to enter: Yes, I take a lot of small losses to get the big win every now and then. That's just the strategy unfortunately. - His stop loss may be considered tight if looking to go long term trades: True. This is something you can adjust for yourself though. Perhaps double the stop loss, adjust your risk, and see if that suits your style of trading more. - He does go through rough patches as well (his trades aren't always right): Absolutely! - - Even as an Elite, he tends to overlook/miss out on questions asked on weekly webinars (there's just that many questions which floods him and he might not be familiar with every single name of his Elite list): We have tried to rectify this with 4 additional Q&A sessions per week. I'll keep trying to get better at answering questions. - You can't chat with other people/see other people's questions in his weekly webinars: We have now switched platforms so that you can chat with other participants. Thanks again Gan. If you have any other recommendations then please contact us.