The Philosophy
Pristine
is well known for its educational services to educate
traders in the financial markets. Pristine’s
existing Real Time Trading Rooms are how Pristine
takes the Pristine
Method® and puts it to use in
the real time market place. Due to popular demand,
Pristine has added another Real Time Room for the
purpose of trading the E-minis. Trading the E-minis
has become more and more popular. Why? Because
they offer several advantages over conventional
stock trading:
- No market makers, specialists, or level II games
- Superior and consistent liquidity which means little slippage on average
- No up-tick rules when shorting
- No day-trader rules, which means you do not have to maintain a $25k account to trade actively
- E-minis require pure technical trading, based on chart analysis, which is perfect for the Pristine Method®
The
E-mini Trading Room will focus primarily on trading
the mini Dow (YM), but trades may occur in the S&P
E-mini (ES), the NASDAQ E-mini (NQ) or the Russell
2000 E-mini (ER2). Rather than scanning hundreds
of stocks each day to find trading opportunities,
the focus is narrowed down to only a few vehicles
to trade each day, the E-minis.
Of
course, E-mini Trading has its its drawbacks as well.
For instance, if a stock trader misses an opportunity,
the odds are very high that another opportunity will
be quickly found, either in a stock within the same
sector or by just looking at another sector of the
market. With E-mini trading, if you miss the opportunity
that presents itself, you may have missed the boat
completely for that day. For this reason, this style
of trading often requires a laser like focus to avoid
missing those opportunities, and that is what we
will provide in Pristine's E-mini Trading Room. While
trading opportunities will tend to be less frequent
than with stocks, E-minis do offer excellent, low-risk
opportunities. If you believe this style of trading
may suit you, then join us in the E-mini Trading
Room.
The Method
The
E-mini Trading Room will focus on providing trades
and education to support the reasoning behind each
trade. The rationale will be found for each trade
based on the Pristine Method® as taught in our
acclaimed Trading the Pristine Method® Seminars
and Greg Capra's E-mini Trading Lab.
This will include strategies to handle time frames ranging
from swing trades to intra-day scalps, all following
a bias that will be determined by analyzing price
patterns and market internals in those time frames.
The
main goal of all Pristine chat rooms is to educate
its members throughout the trading day. By assisting
traders to find their own niche and developing their
own trading plans, the odds of them become successful
self-directed traders increase dramatically.
For
that reason the educational process will start each
day prior to the market open with a discussion for
developing a bias for the market's direction. This
will be followed by explaining strategies based on
that bias. This view will be updated continuously
and/or changed as the market environment dictates.
There
is no pre-requisite to being in the E-mini Trading
Room, and much information will be available to help
newer traders who want to be active in the E-minis.
However, experience should be considered a must before
trading live, and we do recommend completing the Trading
the Pristine Method® seminars to
fully understand the knowledge that is being imparted.
Learning and internalizing the information available,
before placing live trades, increases the odds of
becoming a successful trader.
Software
is an important source of information to the well-informed
day trader. Members should have a real time trading
system and chart analysis package available to them.
While we will show our charts at times on your screen
via the application sharing tool in the chat room
for educational purposes, your trading software should
be largely used to provide you with the view of the
analysis and trades provided in the trading room.
A real time trading system is necessary for scalps
and day trades. However, an on-line broker system
can be acceptable for swing and core trades.
Rates:
$350 Monthly
$950 Quarterly
$3000 Yearly
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