An Actual Forum Post by a Successful Pro Trader Member

I enjoyed the Sydney workshop. It was great to catch up with Frank and to finally meet Dave, Sandy and of course the technical wizard, Peter1.
I'm currently scanning and saving my Darvas shorts to monitor their performance. The program just keeps on getting better.

I've had several PMs from members asking me to share my trading secrets.
I gave this information in the previous forum, but it can't be retrieved, so I'll have another go on this forum instead of writing individually.

History:

1999 - Didn't really know what a share was.
2000 - Purchased a black box program & made handsome profits during the tech boom. Then came the dot com crash. Stuck with several dead dogs.
2001 - Watched the market due to lack of trading funds.
2002 - Purchased a trading book on the net. The author notified me one month later that he had found a program that found rising stocks - PROTRADER. He had tried just about everything else and nothing matched this program. I purchased PROTRADER on his recommendation in August 2002.
2003 - Learned to use the software. Studied the books, attended courses etc.
Darvas program released. Studied Darvas thoroughly; experimented with different scans. Didn't make any substantial profits with PROTRADER until something clicked in mid 2003. I felt most comfortable with Darvas (the no-think trading system).
2004 - Subscribed to an Options SMS alert company. Studied options. Soon began to make substantially higher returns than the company charging $200 per month. Cancelled subscription.
2005 - Trading shares and options. In almost 20 months of trading (from 1st July 2003) I've achieved a realised profit of $237,300.00 from a starting bank of $50,000.00 (374.6% profit in 19.8 months, or 18.9% per month).
My win ratio is currently 84.27%.

PROTRADER ROCKS ! I would still be going under with my first black box if I hadn't been introduced to the best money generating tool on the planet.

My secrets for trading success:

1. PROTRADER
2. Reading educational books eg. "Exploding the Myths" "Secrets of Candlestick Charting" "Profiting in Bull & Bear Markets" "Options" "How I made $2,000,000"
3. Attending courses, lectures, seminars.
4. Reading and listening to the education notes on the PT website.
5. Listening religiously to Frank's Friday broadcasts.
6. Formulating a plan (Darvas is a plan in a box).
7. Hours upon hours of scans and analyses.
8. Analysing failed trades.
9. Keeping meticulous records of all trades including reasons for buying & selling.

My trading techniques:

I use Darvas - it works for me.
I run several scans: 5, 9, 21, 55, 100, 250 & 500 days.
I also run weekly Darvas scans.
Any of these scans can return a winner.
I favour the 5 day scans because of my view of the market:
Short term = 1 hour
Medium term = 2 days
Long term = 1 week or more
I trade for cash flow, not for investment.

I will also do a key reversal up and down scan.
I love the combo scan, although it's not a buy signal on its own.
I also do custom scans for breaks of long term resistance.

Confirmation tools:

30 day and 30 week moving averages and
Multiple moving average crossovers: 3, 5, 8, 10, 12, 15, 30, 35, 40, 45, 50, 60.
OBV
Bollinger Bands
Fibonacci retracement levels

Trading Instruments:

Shares (long only)
Options (Long and short)

Warning: Do NOT attempt to trade options until you are completely comfortable with share trading and have access to a live platform.

As you can see from the above, there is nothing supernatural about my trading methods - it's all there in PROTRADER.

If you are prepared to put as much time and effort into the market as I do, then the profits will be knocking on your door.

No two people trade in exactly the same way, so we each have to find our own method by trial and error.

Good luck traders ! Go forth and multiply your profits.

Chris