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For Price Action Lectures Course Users

Posted: Thu Nov 17, 2022 5:20 am
by Taylor
For individuals who have purchased the course, please post course or trading related questions in The Price Action Lectures Section. That section is exclusive for course owners, and we want to offer support to you in that exclusive area. Thank you!

Re: For Price Action Lectures Course Users

Posted: Sun Oct 08, 2023 3:01 pm
by mahirali
Hi,

Course content is very dry with no real or enhanced value which Mack itself provide in his Manual or Paid Video content.

Course can be enhanced, instead of just providing the static chart, doing play back of past chart with trades and on the go explanation of what kind of trend or range we are experiencing and what mindset we need to move to in order to trade this.

To me course doesn't worth the money has been asked for.

Bar by bar review in play back with marking the chart with channels and all the marking which a PAT student should do, when to delete the previous channel or range to less clutter the chart, going through the counts or use a indicator for 2nd entry count than taking the trades in playback for demonstration purposes.

Above are the suggestion that will make the training much interesting and worth while. Giving the basic of Trends/Ranges and Channel and bit explanation of Strong and weak and than moving to Playbacks with actually going through that would be much comprehensive than what has been taught here.

The Free Youtube Videos of TopPickTrading are much better than this course.

Regards,
Mahir

Re: For Price Action Lectures Course Users

Posted: Sun Oct 08, 2023 7:53 pm
by eric-pal
Thank you very much for your review which actually helps to outline a few aspects:

First, the market shouldn't be viewed as entertainment. That is what casinos are for, and they have negative expectancy. Still a bunch of fun though, for those that play. Education of serious topics. . . well, why tell jokes, when the market is a story. Learn to read the story and afterwards, after "work", then have some fun. Gathering enough experience from reading charts that what you see is familiar "even without seeing the next bar", yeah - that skill is exciting. Most of what you reference is included in the lecture training series, and perhaps I'm a little dry. I supposed a bit of a compliment too though, because one of the best traders in the world also hears the same thing. His name is Al Brooks.

Mack is a friend, and I'm thankful to him for sharing what he has and we correspond back and forth. If you have worked through his material and understood it, and how market analysis should be performed, then you are close to the door of profitability and this is wonderful news. The volumes of charts and overviews are not for entertainment, and simply to help understand the great variety that the market moves. Why, because it is fractal. This is great news for everyone because understanding this, then history can be applied forward when probabilities are understood!!!

In fact, last Friday, 10/6 - - - a nobrainer. No really!!! That 10:30 bar, and 10:35 . . . If one understood what was happening there. . . . Well, that person would have a smile on their face. In fact, in a conversation thread I pointed out some specific aspects directly applying to this specific situation using a chart from. . . . 2008 and 2012! In fact, a common chart from 2019 was mentioned in the forum with highly correlative criteria too. Not as close as the 2008 or 2012 charts but 85%!

Feedback from that:
Thank you for the reference that outlined the following topics:
patterns related to yesterday
breakouts - failed breakouts
breakout pullbacks from swing highs & lows
large flags,
trend lines
or trading ranges being reliable patterns in the first hour.

Bar-by-Bar analysis, which is offered on the Top Pick Trading youtube channel for free - - - I LOVE IT!!!! The team does an exceptional job, and the emphasis is where it should be. Note, this is a stepping stone skill and signs that the fractal nature has been absorbed to a degree. When what comes next has a probabilistic outcome that you understand, that is exactly what Mark Douglas, Van Tharp, and Al Brooks are all taking about!!!! "There isn't a thought needed. Put on the trade [Mark Douglas]!!"

Understanding the basics is enough, yet often overlooked. There are plenty of "theories" and complexities that do not work.
Thank you for that emphasis.

Wishing you much success & good trades to you!!