It is all BS

Hi Mike,

I am writing this letter to tell you how an ordinary trader can see things from a totally different perspective after reading the “The Playbook”. I appreciate your firm for the information it disseminates to the aspiring trader community. I tried to catalog my trades (for eight months—my trading life) as suggested in the book.

Results:

1) I make 5% trades with winnings greater than 30 cents/share

2) All these trades come from stocks trading with unusual volume a.k.a STOCKS IN PLAY

3) All these trades are either GMAN’s pullback on 3-minute chart or THE REVERSAL TRADE suggested to TO in the book (I call Read more […]
SMB Capital – Trading Education

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