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- Steve F
I started trading back in 1999. I took a trading course but the rules were so confusing I never really knew what to do.
I’d think… This looks right so I'd place a trade, but then it would start going against me and I’d get out. And it would end up turning around and going my way.
Or maybe I’d stay in a losing trade too long. Until I’d decide, you know this is stupid. Then I’d end up getting out with a bigger loss than I should have.
The whole thing was just insane. And I lost money.
Then about five years ago I took Chuck’s GRIP course. I read the entire thing, and it made good sense. And I knew it was something I could do.
The trades are fairly long-term-- generally a few months or more-- unless they go against you and then you get out quick.
You have your rules of the trade and you just follow them. If it’s time to get out, you get out. And if you should stay in and keep going, then you do that.
Overall I’m probably getting about 75%-80% winners, with a risk/reward of at least 3-to-1. It’s very good.
One thing I’d like to say is that I really like Chuck. I met him at one of his seminars and he’s a down to earth kind of guy. Not pretentious at all. I email him 3 or 4 times a month and I always get a response right back. I’ve never had a problem with being in contact with Chuck. He is really good about that.
I think getting together with Chuck and fellow traders, by invitation, to share stories and ideas would be fun. Sounds like a party-- a celebration with people on the same wave length, who have found something that works!