bryan:

feedback:

one of my challenges as a trader is staying interested / focused on trading – it isn’t much fun sitting in front of a computer trying to trade if you aren’t making any money and don’t understand why – in the past, I would get excited about trading, trade for a few days or weeks, lose a few thousand dollars and then put trading on the shelf for a few months or years – I’ve repeated that pattern several times

the morning and group mentoring sessions keep me focused on trading – every morning I get to see how professional traders think and how they analyze their charts – every Wednesday afternoon I get to share my charts and trades in group mentoring, receive feedback on my work and see how other traders apply the market geometry techniques in their trading

in the few months I have been involved at Market Geometry I have learned a tremendous amount about what it takes to be a consistently profitable trader: recognizing market structure, analyzing price action bar-by-bar, money management, developing a trading plan, framing a trade, dynamic risk/reward – oh, yeah, and pitchforks too

so, do I have any results to show for several months of hanging out here? January was my first profitable month ever – $509 profit on 22 trades – sounds like peanuts but for the first time ever I feel like I am on my way to being a consistently profitable trader

thank you Tim, Paul, Catalin, Mary, Scott, Shane, Carl and all the Market Geometry members – you’ve made a difference in my life and I appreciate it

Bryan

Peter:

Hi

I began my trading career at the start of 2007. For the first couple of years I spent a lot of time trying different systems and indicators, each with the promise of trading success. Not surprisingly, as with most retail traders, I was just going around-and-around in circles, sustained and propelled by the hope that the next system or indicator would be “the one”. But it never was.

At a-cross-roads with my trading, and for the first time doubting that I was capable of success, I decided to google “Tim Morge, median lines”. I had been told about Tim and median lines by another trader at a forum, a trader who was having good success, but whose approach to the market I had previously neglected because I didn’t understand what they were doing or how they used their median lines.

My google search lead to Tim’s Market Geometry website and at the favourable time of March 2009, just as Tim was starting his morning videos and stocking his website with numerous learning resources.

“Terrific!”, I thought. I’m going to start watching these videos and reading about median lines and see if this was the way for me. I recall declaring at the time that this would be my final port, if I couldn’t work the median line, I decided, then I wasn’t capable of being a trader. I had had enough.

Today, 12 months later, I am still trading. And the median line is my primary charting tool, alongside crayon drawing, or simple lines drawn on a chart

Tim’s Market Geometry website, and the great bunch of traders he has surrounded himself with, have taught me to analyse and understand the market, something that indicators and trading systems never did. Tim has also shown me how to make sense of a naked chart, free of any indicator and even median lines.

Utilising Tim’s video and written resources (many of which are free!), I am developing an eye for price action and market structure, seeing changes in behaviour, and probable price trajectories; all of this overlayed with the powerful median line. And this has been a significant learning for me, the median line isn’t an indicator that you simply throw on a chart and there you go, all the work is done for you. Rather it is interpreted within the context of market structure, price action and behaviour.

And this for me is at the heart of the transition from bumbling novice, to skilled trader, the capacity to understand and interpret the market using your own two eyes and intelligence, not relying on some magical indicator to tell you when to buy or sell.

And that’s what market Geometry does for any one who sincerely applies themselves to the task, facilitates the transition from bumbling novice to skilled trader.

So where does that leave me? Today I have all the tools and resources I’ll ever need in median lines and Tim’s Market Geometry. The rest is up to me. I must master myself now, as Tim’s signature ever reminds me.

Yes, high praise for Tim’s Market Geometry.

Sincerely,

Peter Elliott.