Ed P.
Good course but you need to know more....
I took the trading template course and went through the videos several times. The principles are straight forward and it did seem like you were in the same room with Mike and his nieces. Laid back and informative for sure. I did talk to Mike on the phone prior to paying for the course and there was no sales pitch. He seemed genuinely interested in whether or not I thought it was right for me. Three things you should know that are NOT covered in the videos: 1. There is a minimum balance required in order to day trade. Know what it is before you start. I did practice trading on Trade View and was able to better hone my tactics. The real eye opener though was when I started live trading. I used Mike's recommended platform after trying a few others. What surprised me was in order to day trade, you need a MINIMUM of $25000 in your account (average daily balance) or the platform will lock you out if you make more than 4 or 5 trades in a day. When that happens, you can sell but not buy stocks until your days and trades per day go below the maximum number (if you have less than $25,000 in your account). 2. Short selling trades are not always processed by the platform. Short selling is not as easy as he makes out. Several times I tried to short sell the platform would not let me because they did not have a counter "Buy" offer to offset my sell. Granted that it could be the timing of my trade or the stock that I chose. So.............. although I had the right idea and I could make $$ short selling in practice, it was often impossible to do so in reality (in my experience). 3. Pay careful attention to what stocks Mike trades in the videos. He makes the kind of money advertised BUT he is dealing with high dollar stocks (Amazon, Google, Netflix, etc.) and he has HUNDREDS of shares. One hundred shares of Google is about $160,000! Food for thought if you are starting with five or ten thousand........ Bottom Line: 1. Mike's course gave me the confidence to trade and helped me build up lose tolerance. 2. It taught me how to look at and watch stocks of interest and how to better get in and out of trades so that I can make money. 3. There is no high pressure sales and I felt that Mike was genuine in his review and advice before I purchased the course. 4. Personally, I do not feel I would be trading if I had not taken the course. 5. In order for me to trade, I have had to experiment with different stocks and techniques in order to meet the demands of the market and the trade platform rules and limitations. Overall, 4/5 stars. I don't believe that you will get rich over night but Mike will tell you that too. Happy Trading!



