I just wanted to thank you all for following and taking your precious time to read my ramblings or watch the videos. It is my best hope that it has been time well spent for you. I have big things planned for Alpha Wolf Trading in the new year and I hope some of you will come along for the journey.
I wish the very best to all of you and would have written my own holiday wish but the one above said everything I wanted to convey.
As always be safe and have fun.
I will be back Monday 8 AM Vegas time with next weeks stocks to watch live on Ticker TV
This weeks video
Alpha Wolf Trading Jan 3-6th 2017 Stocks to watch
http://ticker.tv/vegastrader66/586a80aaf722613406049ca5
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Last market Wrap and sector watch for 2016 from Alpha Wolf Trading on Vimeo.
I started this blog and my journey of doing something I never would have thought possible when I was a much younger man. I set out to live my dream and make my passion for the stock market my full-time career. I have always loved the market and my first experiences as an investor made me realize how profitable it could be but the amount of time to see those profits could sometimes take a long time to achieve. Nearly 5 years ago, I set out to becoming a full-time trader and investor. I took courses, read books, watched DVD programs and searched the web for as much free information and material as I could get my hands on. I literally spent thousands of dollars and thousands of hours building my education in technical analysis and styles for short term trading.
It wasn't an easy road. I lost over 100 grand through the school of hard knocks. Even after all the courses, chatrooms, dvd programs and trying to ride the coattails of other traders. My education continued and I was desperately trying to find that silver bullet.
It was my fault, I was trying to find the easy way to be a profitable short term trader and I thought I could do that by just following people into their trades. I was wrong!! I had to learn what kind of trader I was best suited for. I had to understand my strengths and weaknesses and most importantly, I had to have my own clearly defined trading plan for every trade I take. I had to understand what type of trade it was going to be and what I was expecting from the trade. I needed to know why I was taking the trade, how much time I wanted to give the trade, what my expected return could be and most importantly how much I was willing to lose. Once I figured that all out, things really changed for me and the reality of being able to do what I love for a living was no longer a dream but reality.
I am so blessed to be where I am in my life and I give thanks every day. My new goal is to help others shorten that learning curve and potentially reduce the cost from the school of hard knocks by teaching the valuable lessons I have learned.
Over the years, I have had countless people ask for my guidance and advice. I was continually encouraged to start some sort of service and help others. I have been posting the blog and doing videos for free for years with the goal of helping others. Someone convinced me to take it to the next level, build a website and start a service and I agreed to do it on one condition.
I wanted the service to be ridiculously inexpensive.
My goal was to help hundreds, maybe even thousands of people achieve their goals and dreams!!!
I thought I was going to be able to do that because I was not going to sell somebody a bunch of false promises and bullshit that they are guaranteed success in a profession that 90 percent of people fail at. I thought that because I was going to be genuine and try to teach people everything that I have learned over 30 years of being in the market, sharing the education that I personally spent tens of thousands of dollars on and that by practically giving away my time - the response would be overwhelming.
I spent the time and the money to start https://www.alphawolftrading.com/ and learned once again that reality is often far different from what one might envision. I don't have hundreds or thousands of members. I have a very small group of genuine good people with a true desire to learn. Not a group of people that just want to ride my coattails and follow me into my trades but a group of people that want to become their own independent Alpha Wolf Traders. I love the group we have put together and it has taught me once again the valuable lesson that it's not about quantity, it's about quality.
I don't care that we don't have hundreds of members but I do care about the members more than anyone else out there.
Most people that are in chatrooms want alerts to day trades and I don't provide them. It was my experience in day trading that minutes matter and I learned firsthand that trying to follow someone into day trades can be a very painful experience.
I wanted a chatroom for sharing news events and to build a community for idea generation for day trades as well as longer term potential swing trades or investments. A place where people could have some laughs and learn at the same time.
Everything in life is a learning experience. The pro members @ Alpha Wolf Trading are my priority! The free chat room has been taken advantage of by some undesirable people that have competing chat rooms or services and it has allowed for other individuals to come in and ruin the experience for some of the pro members.
With all that being said, after feedback from several of the pro members, next year things are going to change.
The annual "Pro Alpha" membership is going up in price to $499 a year from $365.
The monthly "Pro" plan is going up in price to $59 a month from $45
There will no longer be a free chatroom. If you only want to be in the chatroom and receive email and text alerts of my swing trades, it will be $20 dollars a month.
Current PRO members will remain at the price levels that you originally signed up for for as long as you are members! All monthly and annual menbers will continue to have free access to the chatroom.
If you are considering joining Alpha Wolf Trading the time to act is now before the price increases next year!
Alpha Wolf Trading is adding new services and functionality with plans to do more. We recently added email and text alerts for swings and long term holds. We have also added live webinar and screen share functionality. We have plans to add much more to the service as we move forward. I am excited about the plans we have for the member service and some of the unique ideas we have planned. Details for the service and what you can expect from each individual plan will be posted on the sites membership plan page soon.
I want to thank all the pro members for becoming part of the Alpha Wolf family.
I hope everyone understands why we are making the changes and I want to wish you all a very happy holiday season and a very prosperous new year to you and yours.