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Got questions? Simply click here to send in a support ticket. We'll answer courteously and professionally within 12-24 hours.

Gotowebinar help page with links:
http://www.DaytradingUniversity.com/webinarhelp/

       
 
 
 
       
      


(last updated June, 2015 — Press F5/Refresh for latest FAQ page)

Q: What type of trader is "Trading the Open" for?
A: It's designed for a variety of traders, and includes alerts for both day and swing trading Stocks, ETFs, Forex and E-minis. Training is designed for a variety of styles; with a majority focus being on day trading stocks, then eminis, then Forex. In terms of time spent on each market, I'd estimate 80% of the time is on stocks, 10% or so on eminis, and 10% on Forex. It's a great way to get alerts for all three markets.
 

       

Q: What's in the Trading the Open MEMBERS' Area? How Do I Use It?
See this handy video tutorial:


                   


Q: How Do I Get Started? How Does It Work?
Watch these new 'Legendary' Professional Trading Videos for Day and Swing Trading Tips:
See this handy video tutorial created April 30, 2013
:

                                                                                         note be sure to click the gear icon and choose a high video quality (720/1080)  ^^^ 

Q: Do you have any free or low-cost trial?
A: Usually not, though we do have an occasional rare "open house" day every couple months or so (get on our email list, below, for notifications). Or if you want, just join for a month; you can cancel anytime before your monthly renewal date, there's no longterm obligation. If you want to just join for a month to give it a try, see our ordering page to register for the monthly subscription plan. If at anytime prior to the end of the first month you don't want to continue, just cancel (from within Paypal), and it won't renew your subscription and it'll be over at the end of your first month. To continue, do nothing and it'll automatically renew at the end of each month.

I'd recommend you watch recordings of recent sessions to get an idea as to how well the room works, and the professionalism of the alerts and training:


Q: How long have you ran Trading The Open™?
A: I first offered my live "Trading The Open" sessions starting way back in the year 2000; it's my trademark live room. Traders have trusted my live room training for many years; here's the domain whois registry proof to show how long I've had the site active:



Preview video from 3 actual live sessions held in May 14/15/16, 2013
Watch how well these LIVE interactive alerts worked (price-action day trading at it's best, explained and shown with live alerts throughout the opening hour):


 

Preview video from actual live session held April 18th, 2013
Watch how well these LIVE interactive alerts worked (price-action day trading at it's best, explained and shown with live alerts throughout the opening hour):


Preview video from actual live session held April 10th, 2013
Watch how professional the alerts were, and how well they worked (price-action day trading at it's best, explained and shown with live alerts throughout the opening hour):


note be sure to click the gear icon and choose a high video quality (720/1080)  ^^^     

Preview video from actual live session held March 19th, 2013
See how well the alerts worked out (stocks like UAL, plus more - price-action day trading at it's best, explained and shown with live alerts throughout the opening hour):



https://s3.amazonaws.com/tto2013at/TradingTheOpenVIPOpenHouse2013Preview3of3.wmv

https://s3.amazonaws.com/tto2013at/TradingTheOpenVIPOpenHouse2013Preview2of3.wmv


https://s3.amazonaws.com/tto2013at/TradingTheOpenVIPOpenHouse2013Preview1of3.wmv

Preview video from actual live session held Feb. 28th, 2013 —
See how well the alerts worked out:


Right click on each video download link and choose File/Save as to keep them on your hard drive. Then watch each one using windows media player or similar. I recommend that you watch them in fullscreen mode, as they're in high resolution and very sharp at any resolution. They are large files, over 400Mb each, so you may want to use a download manager (I recommend using either internetdownloadmanager.com or speedbit.com).

Q: Are there video downloads or replay links if I miss a session?
Yes, partially... we now have a private member's area in which we archive the most-recent two week's worth of 9:30-10am segments of each session to download. The video recordings are in high resolution 1920x1080 clear .wmv video that you can download and keep. We run the full sessions Tue/Wed/Thur from 9:15-10:30am, and record the most important part of each session, from 9:30am-10am for you to keep. This is new and we just started recording these effective April 24th, 2013.

This is ideal for swingtraders who can't be there live for our morning events, and for all traders who either miss a session or simply want to download professional trading videos to learn from how swing and day trading alerts are set. This is an exceptional bonus, as it's a total of 6 hours of video (12 x 30-minute recordings) each month that you'll get as a member.
 

Q: Is this for new traders, or should I learn from your other courses/videos first?
A: Remember, Trading the Open is advanced, and designed for real-time learning of concepts I've taught in my other courses. It's like "graduate school" for traders who've already learned from me in my other courses, articles and/or videos.

New member: Before asking questions (particularly related to how to trade/trading patterns), please be sure to a) watch at least 8-10 videos from my http://www.youtube.com/tradingtelevision/ channel, and b) read all of my Equities.com articles
and c) carefully study this FAQ/help page. It's best if you're familiar with my basic strategies before joining.

Trading the Open™ is Highly Advanced, Professional Trader Level Training

So Read This Before Joining: Who this is Not For

Note: This is advanced, fast-paced world-class professional day trading, from one of the world's foremost authorities. It is not basic nor slow. We do explain patterns used to identify entries as time permits. You are expected to have become familiar with Ken's strategies (articles, courses, videos) Before joining, and understand that this is not a basic-level training service for newbies. Traders of all experience levels are welcome, but if you're new to trading, you will have to study harder, and do not trouble us with amateur-level questions nor requests during the room.

Watch sample videos on this page Before enrolling, to see how Ken's precision advanced style works, and to determine for yourself Before joining, if what you see in the sample videos is appropriate for your skill and knowledge level.

Also be sure to very carefully read and agree to all the terms of service below and see the tips on this Help page Before joining. Note that if you are a slow learner, or a brand-new trader, or have English as your second language, or are not particularly smart, then please do not join, as we do not have patience for newbie-level chat posts.

The reason I added this text is, on occasion I'll get a newbie trader or someone who doesn't understand English well, or hasn't studied any of my training before and joined here 'out of the blue' and it's not a good fit for either of us, because I talk fast and deliver a Wall-Street quality "Squawk Box" format in training and alerts calls. Not handholding
or patient slow-paced dimwitted amateur training like other rooms.


Q: How do I use the swing trading alerts?
A: During the sessions, I will post tickers (only) of swing trading candidates to follow. I will also verbally tell you likely entry areas, a specific price, to use as you papertrade/learn from the alert. If it's hit later in the day, and you are watching the recorded video, simple add .35 to above the nearest whole number above the day's high, for an entry signal. For example if a stock's high-of-day is 32.7, the swing trading entry trigger would be (33.0 + .35) = 33.35.

For stop losses, I like to use no more than 1.5 points maximum for any swing trade. I may also on occasion note a tighter exit stop level during the live session, if I see one that's more conservative and makes sense.
 
 
Q: How should I prepare for each day's session?
A: You'll get complete information once you register. It's easy to get started, you simply log into the Gotowebinar interface and see the charts, hear the audio and pay attention and learn during the open.
 

Q: Do you have an example of the types of alerts you post each day?
A: Yes, here's a screencap of recent alerts, from May 23, 2013: TTO23May2013.gif


Q: How long does it take to get my live room access once I've registered?
A: Allow a minimum of 24 hours after you place your order, to get your live room access information email. Do not join the hour before the market opens Tuesday and expect an instant email within a couple of hours with your access, for example. If 24 hours have elapsed after the time you ordered and you don't see your welcome email, check your spam and trash email folders. If you still don't see it, contact us with your full name and we'll re-send it to you.


Q: I don't want to use Paypal, is there an alternative?
A: I prefer that you use Paypal if possible, since it makes it easy to register and/or cancel yourself. However if you don't want to use Paypal, just contact us and we'll send you an alternate registration link using Visa/MC with our regular 1shoppingcart registration merchant account.


Q: Do I need to buy any special indicators or proprietary software?
A: No -- I use 1-minute candlestick charts to train day and swing traders myself. You do not need to buy any proprietary "magic indicators" or other software, unlike competitors make you do. You can follow along and learn via the gotowebinar interface. No special software is needed. And I don't sell any software of any kind. I teach traders how to trade. I'm a real trader.

To learn how to trade, you simply need to know how to trade momentum price action with the strategies I teach, including candlestick charts, tape reading, micro-cup patterns, gaps and other core trading tactics, like any professional trader uses. For more on candlestick charts for momentum trading, with western technicals, get the StockTradingSuccess.com system I co-produced with my colleague Steve Nison.
 
 
Q: How is "Trading The Open" different from other chatrooms?
A: There are several important valuable differences. Some trading rooms have text-only; Trading the Open includes both our "Squawk Box" audio educational trader training alerts, plus our chart patterns to watch. Also it's moderated by myself, Ken Calhoun, personally; I'm one of the industry's top known day and swing trading professionals (featured in many trade publications, expos and more), and I'll teach you how to trade.

Other chatrooms may deliver little or no actual training; only doing alerts. Trading the Open is like getting a "live market seminar each day" because of the specific training strategies that you'll be learning.

Plus, seeing the "how" and "why here?" to enter alerts from a veteran, seasoned real trader can be one of the most valuable trading experiences you'll get. You get that with Trading the Open™.
 
 
Q: Why can't I actually make real trades based on what you present in Trading The Open?
A: There's several reasons we require that you use the information presented solely to learn from (and not actually trade from). One is regulatory compliance laws: since we are not a registered investment advisor, we cannot by law (and do not) make buy, sell or hold recommendations. Instead, we teach you specific breakout chart patterns, including how to identify key support and resistance levels, in each day's session.

So by registering, I require that you agree to not make actual live real-money trades based on any information presented (nor do I), due to SEC/CFTC regulatory requirements. All information is for educational use only. I want you to focus on learning the timing and pattern recognition skills, so you can use these independent trading skills for yourself.

Also it's not good to make trading decisions based on what people say in live rooms anyways. It's better for you to focus instead on learning and personal trader education, so that you learn practical day and swing trading skills for yourself. Look at the Trading the Open sessions as live-market online seminar-style training, to learn pattern recognition and timing skills.


Q: Do you do actual live trading during the room?
A: No, it's all interactive training, alerts, chart patterns and teaching, for educational use only. This is to avoid 'front running' orders or having unrealistic expectations or implied performance/profitability claims. All information is for educational use only and no warranties of suitability nor performance nor profitability claims of any kind are made.


Q: How is "Trading The Open" different from your premium evening webinar series, such as Breakout Mastery, Price Action Mastery, Trade Mastery, Stock Trading Success and others?  (all courses/services sold separately)
A: The morning "Trading the Open" sessions are designed primarily for day traders who want to see world-class alerts and training for each of the morning opens that we train traders in. The alerts are also good for swing trading. The main focus of Trading the Open is to post realtime alerts of what's moving, and explain how to trade it. There is very limited time for Q&A, as it's mostly live-market commentary and alerts.

In contrast, the evening sessions are for in-depth training, with lots of Q&A time and interactive immersion coaching and activities. The evening sessions in my various courses are designed to teach you the mechanics of how to trade, in detail, with advanced precision entry and exit strategies. Also the evening webinar series provide much more time for interactive Q&A time plus detailed in-depth training.

The live room is fast-paced "what to look for now" for day (and swing) trades, without as much time for training in the various techniques to use. The best way to learn is to initially register for one or more of my evening webinar courses, to learn strategies, then register for the live room to see fast-paced alerts in action.

Discount rate available: if you've bought one of our premium webinar series within the past two years, contact us for a special quarterly "Trader Loyalty" discount rate link.
 
 
Q: Will you ever run "Trading The Open" during every day, all day long?
A: No ... I offer the sessions Tue-Wed-Thursdays from 9:15-10:30am ET,as that's the "prime time", midweek opening hours, for best volatility and price action. Also unlike many of my competitors, I am an actual trader and do not want to give up all my live trading days and hours myself to run a chatroom. I can't effectively trade my accounts and teach everyone at the same time. I'm a trader. I don't just run educational sites, I'm also trading my live accounts.

Current schedule: Tuesdays, Wednesdays, Thursdays 9:15 am - 10:30am ET.

Also, I don't believe it's healthy for traders to become overly dependent on a live fulltime chatroom: I've seen it all, since 1999 — traders mindlessly log in and post meaningless chit-chat text (politics, offtopic comments) all day long, which consumes too much time and is not, in my opinion, how to become a successful actual working trader.

My philosphy with Trading the Open is that by delivering practical focused live opening-hour Tue-Wed-Thursday trading sessions, it's a much better way to get you to actually learn and FOCUS during selected market opens, so you can see how to actually trade much faster and potentially more successfully, than other approaches you may have seen.


Q: What are the rules and guidelines? Why a 3-post/question limit?
A: You agree to not make live actual trades based on this; it's all for educational use only. And there's a limit of 3 questions/posts per trader per session. This is an alerts service, not interactive coaching and training (my premium courses offer that). This is for listening to live-market commentary and alerts with me, not for asking a lot of questions or posting comments. And you agree to not post "how to trade" type questions every single day, that's too much.

The reason for the guidelines is so that I can focus my energy on scanning through the markets, live, which is very time-consuming and demanding on my energy and time. If people logged in and posted continuous comments or personal trading questions, I would not be able to use my time for the advantage of all traders. This is for alerts and listening to me, not for asking lots of questions every day.

If I ever did offer a personal live-markets coaching program with unlimited questions, the pricing would be substantially higher, with fewer traders allowed to enroll. The way I have Trading the Open structured, I can accomodate a lot of traders, with a max. 3-question or post per session limit, at the current low pricing I am able to offer. Thanks for respecting my professional guidelines. Here's an excerpt of an actual "stop asking so many questions" email support ticket I had to send to a trader who was asking daily how-to trade type of questions, which is not what this service is designed for.
 
Types of questions or posts that are okay would be: eg "SBUX near high of day, is there a cup breakout here yet?", or "market looks quiet here, I'm just waiting for now" or "gap up in SNDK, how does it look to you?" or similar.

Questions that are not ok would be like "please explain how to enter and exit NFLX here, what are all the signals you're looking for?" or "can you tell me how to use tape reading for entering EBAY right now and show how it works?", or "Please explain all the rules for how you set entries and exits" or "what's a cup breakout pattern and how do I trade those?" etc, since those are detailed questions that would take a lot of time to answer.
 
Q: Can I send you personal emails or support tickets with my trading questions?
A: No, due to the volume of emails I get, I cannot answer individual trading questions. Save any questions to ask during the live sessions; you can ask up to 3 questions during any one session.
 

Q: Where do I go to see my account information, such as payment history and/or renewal date information?
A: All our payments are handled via Paypal, so just login to your Paypal account to see your payment history and renewal information. You can also unsubscribe from within Paypal if you wish to do so at anytime. Paypal accepts Visa/MC and others, so you can enroll using Paypal and it automatically handles renewals for your subscription, and maintains records of your payment history.


Q: What type of trader is "Trading the Open" Not for?
A: This is not designed to be a place where people mindlessly login all day and post chatter for each other, like a social club. It's not for traders who want to post an endless stream of posts and questions (there's a limit of 3 posts/question comments per trader, per session, plus you agree to not ask trading how-to questions every session). It's not for people who are needy and dependent and clingy and want someone to take them by the hand and do all their thinking for them. It's not for amateurs who want to have a place to talk with other people because they're bored.

Trading the Open (tm) is a professional place where traders come to hear my personal alerts and narrative on the market during the times we're running the room. Hundreds of traders have joined in prior years, and it's been exceptionally popular for a reason: the professional FOCUS we have on realtime entry and exit calls, narrated by myself. It's also not for rude, demanding, foolish nor childish people. If you are honest, thoughtful, mature, professional and want to learn how to trade, then this can be ideal for you.
  
 
Q: Does access to "Trading the Open" include other bonuses or services?
A: No; all our courses and services are each sold separately. Access to the Trading the Open live room includes live-room access as described here in the site; no other courses or services are included.
 

Q: Do you trade a live or demo account personally for us to watch?
A: No; all information is for educational use only; what you'll see are live alerts to teach you chart patterns. The main benefit of the room is to learn a) what types of momentum patterns are good to follow, b) how to set entries and exits, c) the timing skills to use in learning how to trade, and d) live realtime interactive learning.
  
 
Q: How do I cancel my subscription?
A: We use Paypal, so all you do is login to your paypal account and cancel it yourself. Alternatively, you can send us a support ticket (using the email address you used when ordering; include your name as well), with at least 48 hours notice prior to your renewal date and we can do it for you. It's best for you to manage your subscription yourself, however; as it's very easy to login to your paypal account and click cancel if you wish. Many of my traders stay with me for many years in my various educational programs because of the professionalism and value they represent.


Q: Do I need to use level 2/ totalview to day trade stocks?
A: Absolutely not. That's an outdated technique that us old-time day traders used back in the dot-com days of daytrading. It no longer works since most order flow is automated by software, not manually done by market makers/specialists in a way that can be exploited. I used to teach how back in my historical VHS/DVD called "Advanced Day Trading" (video clips here); though since that technique is no longer as effective, I no longer teach how to do it.

Instead, we use1-minute candlestick charts, tape reading, and other easy-to-follow breakout and pivot strategies, illustrated live in the markets.


Q: How will I learn to become a trader using what you teach me in your live "Trading The Open" sessions?
A: As a former corporate trainer, as well as trader, I will make sure that we do interactive "you make the call" type training, in addition to showing you new pattern recognition skills.

Each session is exceptionally educational, fast-paced and focused, so that you're learning while you see the live trading alerts. The interactive commentary about "how to trade, specific entry patterns to look for, and how to spot breakouts?" during live markets is the best feature, in addition to all the live training you'll be getting.

Trading the Open is designed to be world-class, unlike any other live trading room experience you've had. When I ran my live Trading the Open room back during 2000-2005, it was extremely popular, for good reason. Compare me to anyone in the industry. I think you'll be impressed, and hopefully become a much more knowledgeable, confident trader as well!
 
 
Q: What is your recommended charting software and broker?
Personally I use eSignal for my charts. I'm also in the process of working with other chart providers, like NinjaTrader and MetaStock. It's very important to have the right tools for trading; I like use professional trading charts because of the depth, usability and flexibility the charting platform offers to active traders.

I use InteractiveBrokers.com as my broker, because their commissions are inexpensive (for example, they charge just $1/commission for most stock trades) and they've worked well for my trades. The trading interface is easy to use and order execution is extremely fast.
 
 
Q: Can you answer individual questions by email, or handle special requests?
A: No; you may post up to 3 brief posts per session, live, during each webinar event; these are often things like traders posting a ticker of something that's moving they want me to look at (though no questions related to detailed "how to trade" or other questions can be answered). And you can't ask 'how to trade' type questions every single session, that's too much. Due to the volume of emails I get, I cannot answer individual trading-related questions (read this), nor handle special requests for things outside the scope of what's described here on the site. That's true for all my courses and webinar events; I can answer questions during events, but not via email nor can I do other training/support (like how to set up your charts or enter demo-account orders in your brokers' software or other detailed support).
 
 
Q: Do I need any special software or anything else?
No — since Trading the Open live sessions are shown using our Gotowebinar interface, you do not need anything beyond a typical computer setup to view the events. If you have a regular PC you should be able to log in via our Gotowebinar interface to follow along.

Here's the PC system requirements, from the GotoWebinar FAQ page:

  • Internet Explorer® 7.0 or newer, Mozilla® Firefox® 3.0 (JavaScript™ and Java™ enabled)
  • Windows® 7, Vista, XP or 2003 Server
  • Cable modem, DSL, or better Internet connection
  • Dual-core 2.4GHz CPU or faster with 2GB of RAM (recommended)
    (Mac users: see the Gotowebinar FAQ page for system requirements)

For .wmv video files for Mac/iMac users:
Macintosh/iMac/Apple users: Before joining, be sure you can properly download and view .wmv video files
like this one, before you enroll: https://s3.amazonaws.com/dtu/TradingTheOpen06Feb2014EpicWinners.wmv
If you can't figure out how to right-click to download and view .wmv video files (see forum Mac thread here), do not join.


Be sure to turn up your computer speakers so you can hear the presentation, live trading alerts and training as well, once you log in.

 
Q: I have trouble logging in, what should I do?
Make sure you're logging in from just one computer. If you have any technical questions about gotowebinar, you can see their FAQ/help area here. You can also contact them directly for tech support if you need it.


Q: What forms of payment do you take?
We take Visa/MC via Paypal.


Q: What's the limit for IP addresses for? How does it work?
To guard against illegal/unauthorized password sharing, we use a very advanced IP logging program that tracks every single login (including IP address and geographic location/geolocation lookup). By using this service, you agree to not login to the download area from more than 2 unique IP addresses (if you have to travel or login from different locations, do Not join). For the live gotowebinar sessions, you are limited to a single computer/single login per event.

Here's what it looks like, from our admin screen: login security -- as you can see it's very accurate. It's ok to have a dynamic IP address with your ISP, since the first two octets remain the same (only the last two would change); but if all 4 are different, it knows that a different ISP/location has been used, and locks out the password.

This is okay: (person has IP with dynamic ip, ok as long as first two octets remain the same)
210.14.216.xx
210.14.208.xx
210.14.199.xx

this is not ok (person is using multiple locations and/or password sharing):
210.18.216.xx
198.22.290.xx
207.44.395.xx

We reserve the right to turn over suspected password-sharing IP data logs to law enforcement personnel for criminal investigation of 'theft of service' charges. We have a zero-tolerance policy for attempted theft or password sharing.
  

Q: Can I park my membership or put it on hold if I go on vacation? Or makeups if I miss one or more days?
Sorry, no -- we can't keep track of that type of information; so there are no 'holds' or 'parking'; your room subscription is like cable tv, it's something that's there for you during scheduled times; we can't put your time on hold and then reactivate. And no there's no makeup sessions if you miss a day, it's a continuous subscription (like any pay site, or cable tv service), so if you miss any time that's your responsibility and no make-up or other time is provided. .
 
     
 
Q: Do you have a refund policy?
No, all sales are final and there are no refunds nor partial/prorated refunds. This is to protect us from dishonest people. You are welcome to look at the preview videos to see an example of the type of training I deliver (links are at the top of this page), to help you make your decision.
 
 
Q: Do you have any performance records or statistics?
No, because this is all for educational use only, we do not make any performance nor profitability claims of any kind, per SEC/CFTC regulatory compliance requirements. You can join for a month or so as a new paid member to see for yourself how well our alerts perform, plus get answers to trading questions.



Q: Will my rate I joined at stay the same, even if you raise rates after I join?
Yes, your rate will stay the same as long as you stay continuously subscribed with no cancellations/rejoining/lapses in membership. So if you join at one price and stay subscribed, that's your rate for as long as you stay a member in good standing and continuously subscribed. Your rate will not increase. If however you join, cancel, then rejoin later, you will need to pay whatever the then-prevailing current rate is.
 
 
Q: I joined at one price earlier, now your rate is higher; can I rejoin at my original rate I had?
Sorry, no -- if we offer a special price for joining, you must stay continuously subscribed to be eligible for that rate. Otherwise people would join for a few months, quit, and rejoin, and that's a hassle for us to manage. Once you join, you must stay subscribed with no lapses in membership to be able to stay in at the low rate you originally subscribed at. Our rates go up over time.


Q: How do you set up your orders for entering, during papertrading? Market or limit orders?
To minimize the impact of spreads (or bad trade fills), I personally like to use buy-stop (or sell-stop) limit orders. For example if a trade alert is long 30.2, a typical buy-stop limit order would be Buy 30.2 limit 30.25, meaning the order will fill once it gets above 30.2, as high as 30.25, but not higher than 30.25.

If you just use market orders (especially on odd-lot, non-100 share increment trades), then you might get filled further away from the inside bid-ask spread than is optimal. Spreads and trade execution speed varies significantly among brokers. Personally I use interactivebrokers.com for my own trading accounts. Check with your broker for details on order routing options and trade entry/exit choices, to help you learn how that works.


Q: How do you follow many alerts at once?
In my own trading, I have done as many as 300+ trades in a single day (real trades, see tradingtalk.com for examples). The way I personally keep track of all of that is to use automated buy-stop orders that are set up before the market opens, so that I get filled automatically at prices I've predetermined. This is an important professional approach, compared to the reactive "wait til I see something moving in-market" approach that amateurs use.

That's one reason I set up many trade alerts before the opening bell together, during the 9:15-9:30 timeframe in Trading the Open, so you can see examples of the strongest charts and alerts before the bell, in addition to following up during the live market session.


Q: What are your standard stop-loss settings?
Once an alert is triggered, I will often call very close exits, with as tight as .05 to .10 (five or ten cents) trailing stop. The starting default levels are .40 for stocks/ETFs, 6 ticks for ES e-minis, and 30 pips for Forex alerts. Good professional traders use tight stops to minimize risk. Once it’s moved in our favor by >.2 (twenty cents) or more, exit ½ the (papertrading) position to lock in a gain and trail at breakeven (initial entry price) stop on the rest.


Q: Why do you use candlesticks instead of bar charts?
Because candlestick charts deliver much more information than simplistic bar charts. I'm an expert at momentum day trading using 1-minute candlestick charts, combined with Western technicals like tape reading, sector strength and micro-cup patterns. Trading off bar charts is like watching television in black and white vs color.

The world's top expert in candlestick charts is my longtime colleague Steve Nison; we've co produced the bestselling, critically acclaimed Stock Trading Success System together (highly recommended if you haven't ordered it yet).

For more on candlestick chart training, be sure to visit Steve Nison's Candlecharts.com site — he's the world's foremost authority and genuine expert on using candlestick charts.

Q: What's your eSignal setup, subscriptions you personally use?
This is what I have in my eSignal account:

New York Stock Exchange
NYSE (Bid/Ask)
NYSE MKT LLC (fka AMEX) (Bid/Ask)
NASDAQ Level I
500 Symbols
CME Group Globex Data
North American Stock Indices
NYSE Euronext Global Index Feed (GIF)
S & P Cash Indexes (CME sourced)


Q: How is "Trading The Open" different from your other training?
A: The focus on Trading the Open is primarily on timing, pattern recognition and trading entry and exit skills using LIVE realtime markets. So it's faster paced, and more targeted towards showing you how to react to signals that are happening in live markets.

I recommend that you buy my other training first (webinar series, online courses, DVD systems), to learn the core trading strategies and specific advanced tactics. Then, see for yourself "how it works in live markets" by enrolling in Trading the Open live room training sessions. Or at least review this recent archive of 21+ recent Equities.com articles I've written.

And of course questions are welcome (up to 3 per session), so you'll learn during live markets, exactly how to trade.

         



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Disclaimer: Site visitors are advised that all trading is a highly speculative activity and that average customer/trader results are that all traders will incur some trading losses, regardless of the training they may receive. No profitability nor performance claims of any kind are being made. None of the information presented constitutes a recommendation of Trading the Open to buy, sell or hold any security, financial product or instrument discussed or to engage in any specific investment strategy. Active trading is not suitable for most people and entails significant risk of loss of capital. All information provided herein is for informational purposes only. We are not an investment advisor, financial planner or registered broker. We provide educational services for active traders. You accept all liability resulting from your trading decisions. Active trading is a speculative, high risk activity. No offers to buy nor sell any security are being made on this site. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site and no overall nor specific performance nor profitability claims of any kind are being made, nor should be inferred. Trading involves high risks and you can lose a lot of money. All information is for educational use only, no actual trades are being taken by presenter(s) nor should be taken by participants. Commission Rule 4.41(b)(1)(I) hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE IS RISK OF LOSS IN ALL TRADING. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. ALL RESULTS ARE HYPOTHETICAL. NO IMPLICATION IF BEING MADE THAT ANYONE UTILIZING ANY OF THE SERVICES OF THIS SITE HAS OR CAN OBTAIN SUCH PROFITS AND RESULTS. THIS INFORMATION IS NOT A RECOMMENDATION TO BUY OR SELL AT THIS TIME, BUT MERELY A PRESENTATION OF TRADES STRATEGIES. THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FROM SOURCES BELIEVED RELIABLE, BUT IS NOT GUARANTEED AS TO ACCURACY, COMPLETENESS OR SUITABILITY FOR ANY INDIVIDUAL. This information is not a recommendation or solicitation to buy or sell any securities. All sales are final for all products and services sold and no refunds are offered. Subscribers to our services, and customers of our products, do not receive investment reporting, investment supervisory or investment management services, nor the ongoing review or monitoring of the subscriber's individual investment portfolio. By posting your comment here you hereby agree to give me permission to reprint it here on the site. By posting your comment you give us permission to reprint it on the site here as shown above. Traders agree to not make actual trades based on the information contained herein, since all content is published for educational use only, and is not to be construed as trading recommendations nor advice. No individual advice nor trading management services of any kind are provided, therefore no member nor subscriber should assume that their participation in the services provided herein serves, nor is suitable as, a substitute for ongoing individual personalized investment advice from an investment professional chosen by the member/subscriber. Trading the Open and Ken Calhoun do not accept any reponsibility or liability for individual participants' actions, uses or applications of information provided, and participants indemnify us from any such liability. 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Every visitor to this site, and subscriber (or prospective subscriber or customer) acknowledges and accepts the limitations of the services provided, and agrees, as a condition precedent to his/her/its access to our sites, to release and hold harmless Daytrading University, its officers, directors, owners, employees and agents from any and all liability of any kind (including but not limited to his/her viewing of this sites' content, emails, subscription to services and/or purchase of any trader training product or service herein). Trade smart, and best wishes for success!

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