A little new year motivation

I believe we can all use a little motivation from time to time especially when starting something new. In my case I've decided 2014 will be the year that I create a liveable income online (4k per month). I've been trying at this for many years with no luck but I know this year will be different. Over the first 2 months of 2014 i've met several successful internet marketers, Several successful traders and several online business owners and they all have something in common, each of them has the freedom im trying hard to achieve. I believe watching them achieve success online is helping to push me towards my own success. I came across this video and I got a lot from it so I figured i'd share it here. It talks about new years resolutions and how a person can achieve massive success. Very good video.

2/21/2014 +$200 (Canadian core cpi-Trap Trade)

Well I've decided to start testing the trap trade method that jobb has introduced recently and my first test went extremely well so hopefully this is a sign of things to come. I'm going to do some back testing of this particular release and see how its done in the past. In hindsight it was a mistake for me to cancel the buy orders but like I said this was my first real test. Keep an eye out for more of these types of trades in the future. (To test JOBB for yourself CLICK HERE)

2/20/14 +$125 (Philly Fed Man. Index)

 

This has been a slow week for news trading, not many large movers but I decided to try out this one as it rarely gives us any whipsaw action and today was no exception. It doesn't usually give us a huge move but there's often enough to take a couple ticks out. I was able to get 4 ticks easily. (To test JOBB for yourself CLICK HERE)

Traders Resource Center Review

 

Since I believe its important to report the good with the bad I decided to create this video to warn you about this service. Today was supposed to be the start of my passive income journey and I was hoping to add it to my site as the next service I test. Sadly several things went wrong and I decided to cancel my subscription so its back to the drawing board to find a real source of passive income. The video shows the details of why I chose to pass on this even after setting up my brokerage account and signing up for the trade copier service. If your having luck creating passive income let me know where as i'd be happy to test it out. I've already found one system I plan on testing next week so look out for that. 

Progressive Trading Group Review

CLICK HERE FOR YOUR FREE DEMO OR LIVE ACCOUNT

 

Ive been planning this review for some time now and I finally have enough information to do it properly. One thing I didnt mention in the video is that progressive also offers forex accounts thru mt4 and also ninja trader so if your interested in forex that will be a plus for you.

Margins: Progressive has the lowest margins I've seen of any broker and I have checked with several. Some of the highlights are Corn-$283, 30 Year bonds- $454, Emini s & p- $525, Emini nasdaq- $300 etc. You'll be able to view the complete margin list in the video review but this gives you an idea of what im talking about.

Customer Support: I have to say progressive really does customer service the right way. I generally get a reply to my emails in 5 minutes or less. Peter is the primary at progressive and I usually ask my questions to him directly. You can also contact him at peter@progressivetg.com and he's proven himself very knowledgeable and helpful. There is also the option to simply call in to have your questions answered immediately, 1-888-240-7099 is their number. Phone support is available from 6:30am pst- 3:00pm pst. Lastly they have online chat support which is the method I use 90% of the time and can be found directly on the top right hand corner of their homepage.

Withdrawals: So far i've only done 1 withdrawal and as usual it was thru check. They also offer wire transfers for a $30 fee, the good thing about wire transfers is its faster than having a check sent. I simply don't mind waiting to save a few bucks.  Also if you submit for a withdrawal before 2pm eastern your withdrawal request will be completed same day. This is great as I dont like waiting 3 or more days for a company to process my withdrawals.

Opening Account: It only took 2 days to get my account opened with progressive. The first day to complete the application and get approved and the second day to wire in my money. The minimum to open an account with progressive is $2500 and I recommend you use Dorman as your clearing firm as you will get the margins I mentioned above and your data provider will be Rithmic.

 

Final Review: Based on my experience with progressive I can honestly say they have been wonderful to me and I highly recommend them to anyone interested in trading the futures market, News traders specifically as I get good fills and my stops and take profits are filled faster than any other broker i've tested. Their great customer support and super low margins are an added bonus. I hope you enjoyed this review of progressive trading group. Click below to get your free demo account.  

CLICK HERE FOR YOUR FREE DEMO OR LIVE ACCOUNT

2/10/2014 -$12.50 (WASDE *LIVE*)

This was a very interesting release. There was very slow movement once the news came out and my stop was moved to break even almost instantly. Everything worked as it was supposed to and the market came back down and touched my stop so I ended up with a 1 tick loss. Most traders in the chat room were able to make 3-10 ticks in profit on this one. I didn't because I chose to use a Break Even trigger. The reason im not too upset is because this trade has been very good to me in the past and we have to expect to give some back to the market. I generally only lose 1 tick on this trade when it goes bad and my take profit is 20 ticks. With those figures you can see why this is one of my favorites. Anyway Ill see you guys on the next one. (To test JOBB for yourself CLICK HERE)

2/7/2014 -$156.25 (Non Farm Payroll *LIVE*)

Well today was a bit of an odd day for NFP. The market gave a nice push down then almost immediately reversed. It looked like the first move came around :59 seconds which filled me then the real move took over in the opposite direction. The good news is my stop held up and I only lost 5 ticks. Its important to remember that eventually you will take a loss, that's part of trading. The key is to make sure your winners are much bigger than your losers. Once you understand giving some back to the market is a part of trading it removes a lot of the stress. In general I use a 20 TP and a 5 Stop which is a great risk/reward ratio and so my losers are small and my winners are big. (To test JOBB for yourself CLICK HERE)

2/3/2014 +$281.25 ( ISM Manufacturing PMI)

This trade is an average mover that gives profits of 7-12 ticks when there's a decent deviation. Today we had a great move which gives me a bit more confidence in this particular release. I also decided to do a trade setup walk thru so anyone new can see the process I go thru. Any questions dont hesitate to ask me. (To test JOBB for yourself CLICK HERE)