MBoxWave Apprenticeship & Training
"The first rule of a good trader is to ASK for help."
Overview of Training
Below you will find answers on how we structure the MBoxWave Apprenticeship & Training for new traders. We use both a Private Chat Room for text chat with image / file sharing and Screen Sharing with FULL Voice conversation because it allows us to share a screen during live market hours and trading early in the session. We cover all of the MBoxWave setups in detail especially the Algorithmic Buy / Sell Signals and strategies such as Fatty Momentum Strategy and Buy / Sell Imbalances Strategy. You will learn the most important aspects of trade management and trading psychology including entries, exits, stops, position sizing, risk management, profit taking, maximizing gains, minimizing losses, while maintaining minimal emotional exertion and reducing self doubt. The end result is you will be trading with a plan that can be followed, while maintaining self discipline.
Some Details on the Trading Room: The room is open from 9:00 am EST until 12:00 pm EST. This allows members to see the markets during the first two hours of trading. The first two hours (which are the busiest times of the day) because you have the large speculators, Funds, Market Makers and HFT players at their optimal times… as the day goes on after the London close… these traders start to peel off and thus produces choppy trading after the London close (11:30 am EST).
Many traders who are excited to learn or eager to make winning trades forget something about Day Trading versus Swing Trading... you have to deal with diminishing energy returns (most traders are completely clueless about this). Read this to better understand why you have a 2 to 3 hour ZONE where you will have your best trading results
Since the Training room is structured like a Mastermind Group, this has several benefits as it allows new traders to learn and follow the experienced traders in the morning. We have Ex-Floor traders, Fund Managers and Market Makers who have our product. So what we do is blend this information into the Live Trading room and we use trading tools that allow you to see the Passive and Aggressive game live... we can see where orders are sitting in the book and therefore use this information for our advantage... and we share it with you.
What happens is we will focus this time of the day to look for trades setups. In the morning its busy so you need to concentrate on setups, but once traders are finished then you will find them talking and helping those who are looking for setups. This works out best for the experienced traders because once they have finished trading they can direct their attention to helping new traders or traders that want to learn and go over what trades they see and can learn from other members (this is where the apprenticeship learning really helps the trader accelerate the new traders learning curve).
- How long does it take to go through the training? Weeks? Months?
Here is another advantage... go at the pace YOU want not what is spoon fed to you. There is no rush to learn anything, the markets will be there tomorrow, so take your time. We have new people joining the room all the time, so we repeat and cover the same material numerous times. What's interesting is people tell us, the repetition of hearing the material many times allows them to solidify the concepts.
Instructor: Matt Bowen
Bio: Veteran trader with 30+ years of experience. Full time trader using MBoxWave Wyckoff Trading System
NEW CUSTOMER BUNDLE - $1999
EXISTING CUSTOMER - $998
LIFETIME MBOXWAVE Training