Tim is certainly funny in this DVD and there is a lot of entertainment value. This DVD gives you basic information about trading and lots of charts and examples from the past of what Tim has traded.
You'll also find a lot of random educational content about trading if you really pay attention to what Tim is saying when he goes a little off-topic.
I think overall this DVD is "fun". That's the best word to describe it in my opinion.
But here is the REAL problem with this DVD and some other of Tim's DVDs:
It shows you the ideal patterns from the past but does NOT give you the steps you will have to take in order to identify similar setups in the future and take advantage of them.
You can look at charts from the past all you want, but you aren't going to be able to play these setups without:
1. being able to create a watchlist
2. manage your watchlist everyday adding higher-probability setups and excluding lower-probability setups.
3. being able to setup alerts when stocks on your watch list are approaching key price levels
4. have a set of specific rules related to intraday price action and volume before you enter a trade
And even after you've done that, you still need to have money management rules in place. define your risk, position size, and profit targets.
This is really what I think would make this DVD golden. If Tim could build up on his concepts of knowing key support/resistance areas AND give a defined strategy with rules - it would be very valuable. A beginner isn't going to understand how to find these plays and how to profit from them consistently without filling all the informational gaps that are missing in this DVD. You really have to watch 100s of hours of all Tims DVDs and lessons and then put it all together yourself to come up with a complete trading strategy.
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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