Each week in Deep Practice we spend time reviewing the US Stock market and what to expect – both near term and intermediate term. Last night, we discussed in detail how weakness had come into the market over the past few days and what that means. We also talked about today and the strong likelihood of downside follow-through from yesterday’s sell-off — both why it was likely to occur and what that would look like. Traders in Deep Practice were well-prepared for today’s down trend action.
A Serious Group of Traders
What is Deep Practice? Deep Practice is a group of traders who meet on my desktop (i.e., I share my screen with everyone) to seriously study and practice the Wyckoff Method of reading the market by its own action through price bars and volume. We usually look at the current market and then walk-forward a previous market, assessing the market action, identifying Wyckoff principles as they are unfolding on the chart, and initiating and managing trades.
It’s a serious group and everyone has a chance to participate, offer comments, and ask questions. We also usually address a challenge one of the members is having (e.g., a situation that is frequently challenging for the trader or even just a trade that didn’t work out). It’s done anonymously and in the spirit of: ‘How can we best learn from this?’ Its a practice that all members find of high value. There is no other group like it.
Details
Interested? We meet once a week for 60-90-minutes. All sessions are recorded, and many members view the recordings later because of time zone differences and find it of high value (and, many send in questions and comments that are addressed the following week). We cover swing trading stocks, day trading ES and currencies, and other markets by request (not all markets every week, of course – this is very focused). We keep the costs low, so that isn’t a barrier to entry.
You are invited to learn more here: Deep Practice. Oh, almost forgot! You will get access to the last four weeks’ worth of Deep Practice recordings immediately, so you can start right in.
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