Facebook Twitter
Now With Over 23,000 Reviews!
Sign up now

Fast Money Trading Team

www.fastmoneytrading..
Category: Websites
With the guidance of Fast Money Trading Team Leader, Bruce “Bill” Brents our trading team offers the opportunity for members to be in and out of the market in 60 minutes or less with no overnight positions. We offer an ability to make enough money the first 60 minutes of trading to take off for the rest of the day. Please visit the About page to read the full story of how I met Bruce “Bill” Brents and how it has changed my life.
Filter reviews by
Page:   1
Displaying 1-9 of 9 Total Reviews
he is very very helpful and wants you to succeed
1. Brents announces his trades via voice rather than typing, this is excellent and fast. This is great because you are more likely to match his entries or get close to them.

2. Buying/selling gaps out of the open. He does occasionally trade with momentum as well, but he guides you. This may be why he's successful, as most trading days are range-bound when you're talking about high volume stocks like F, BBY or RIMM. However, while he's very consistent, he will occasionally have a big losing day if the market trends strongly out of the open and he's playing for a reversal.

3. He guies you with setting up you charts and how to read them daily referring to a traders notebook and other things to teach you to be consistent.

4. Some me said that Brents is an old school trader in that he uses intraday RSI, Vol and FIB levels to guide his entries and exits. He has guided me when I have asked on how he uses Vol and RSI and when to use Fib. and what he is looking for. I find very helpful and a good teacher.

5. Most of the time Brents announces his trades on cue, but occasionally he'll announce it too late for me to match. I think I was not ready. I have gotten better entries than he has and he said that will happen the better I understand his methods..

6. 30 min before the market open, Brents announces 2 high and 2 low numbers on each stock he calls momentum number. He recommend and buying and selling at those levels. I have found it amazing how many days he is right on the numbers. Yes he misses but not often.

7. Bill's style was quite a bit different from what I've done, and I found myself missing trade opportunities in my own strategies as I was very focused on what he was doing. I address that issue with him his answer, " I dont recommend using multi strategies to trade and I find that you cant master you trading style. I would first start out with a written business plan and then establish a rules book. Is is just like running a business. So lets start treating it like a business."

8. Brents stabe of stocks he trades are RIMM, F, AIG, C, SLW,and BBY.

9. $99 per month is what he charges for this service. I feel he is not making much money for his service and clearly could be charging much more. He has an added bonus included in the Fast Money service that he calls Slow Money Options. I don't trade options so I really can not comment about it. It appears he has a much larger following on options since he emails the subscribers his recommendations and a weekly blog report. He will have some loosing days but but not many. I feel if he would promote his site he could have hundreds of subscribers or maybe sign on to a publisher who would promote him like so many other had done. Brents could make a small fortune on subscriptions

While his results definitely are real and he has published it daily, weekly and monthly for past several yrs. Replicating those results yourself are another story you may get a little more or a little less or not trade as often. I have since bot his book and given it to my sons to learn also. You would really have a hard time finding a mentor better in my opinion. For now I will continue being a happy subscriber

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
1 of 1 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Education
Entertainment
Value



Extremely good and informative
I had had little success in trading until I discovered Fast Money trading and Bruce Brents. To me he seemed very caring about each subscriber and really trying to teach the subscribers how to trade using what he calls Fast Money Trading. His theme is keep it simple and he goes into details why and what he does. I bought his book then joined his fastmoneytradingteam.com site and I am glad I did. It was an easy read and easier learning experience. He is like a clock you know what to expect and when every day. He preaches consistency and boy does he deliver. I was skepital reading some of his reviews but he offered me a free trail and said don't trade until I felt confortable. I have learned his style and now call him my friend and mentor. I wish him continued success and health.

Penny

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
1 of 1 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
1 Comment on this Review
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
PennyL souix city, iowa

User’s Review Ratings
Overall
Education
Entertainment
Value



I like these guys.
You cannot complain - they do give solid information. It must be tough coming up with different info every single day, so I give them credit. I just wish for once they would say "Now is the time to Buy, or Sell" instead they are very wishy-washy, saying "maybe" its time to buy, etc.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
2 of 2 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Education
Entertainment
Value



Interesting concept, hard to replicate
I would echo Yngvai's review. I took the free trial, but I could not replicate the results. Trading in high volume stocks allows for a good chance of getting close fills to Bill, but even still I could not always get in and out like he could, and I was confused with his system and some of his calls as well.

Yes, you need a fast entry order system, as well as be able to trade well above the PDT rule (to take advantage of all the trades and R/R would not be worth it unless you have position sizes greater than 10k, at least to my estimations).

Anyone who offers a free trial obviously has confidence in their system, and I would suggest if you find it interesting to go ahead and take a look; the room is very receptive to new people.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
1 of 1 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Education
Entertainment
Value



Your Mileage May Vary
I took the free trial of Fast Money Trading Team, but decided to cancel before my trial expired. Here was my experience:

1. Bruce announces his trades via voice rather than typing, so you need to have your computer speakers on. But this is good because you are more likely to match his entries or get close to them.

2. Bruce is primarily a contrarian trader, selling spikes or buying dips out of the open. He does occasionally trade with momentum as well, but this is rare. This may be why he's successful, as most trading days are range-bound when you're talking about high volume stocks like BAC or RIMM. However, while he's very consistent, he will occasionally have a big losing day if the market trends strongly out of the open and he's playing for a reversal.

3. Bruce is primarily "old school" in that he uses intraday RSI and fib levels to guide his entries and exits. However, it isn't always clear how he's using RSI as there were times where I saw him enter a trade when the RSI hadn't touched the 20 or 80 levels as he often talks about. Regarding fib levels, it isn't clear how he's establishing those; you have to be a paid member to find that out. I'm not much of a believer in fib anyway, but he does use them.

3. Most of the time Bruce announces his trades on cue, but occasionally he'll announce it too late and you won't have a chance to get in near his entry.

4. Before the market open, Bruce announces the high and low fib levels that he feels are important, and recommends buying or selling at those levels. Not all the stocks will even touch those levels during the first hour of trading, however. And occasionally they'll go right through them if it's a strong trend day.

5. I think a beginning trader might have a tough time. I've been trading for 2 years now and I had a tough time following him at first. I got better as time went on, though.

6. Bill's style was quite a bit different from what I've done, and I found myself missing trade opportunities in my own strategies as I was very focused on what he was doing.

7. Bill right now trades F, BAC, RIMM, AIG, BBY, and C. If you're using a broker with a per share commission, following him on C and F can cost you a lot in commissions as you need to use larger position sizes with those (he uses a flat $25K per position).

7. $195 per month is a lot of money for the service. I just didn't feel I was getting that much benefit out of it to move onto the paid subscription. Of course, I caught Bruce in the past few weeks when he had a bunch of poor trading days which he usually doesn't have. But still, I found it too difficult to consistently match him to make me want to pay that.



While Bill's results definitely are real, replicating those results yourself are another story. I found it too difficult, but your mileage may vary. You would really need to spend a lot of time learning his style to get benefit out of it, but I simply couldn't justify spending $195/month to continue to try to learn it.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
3 of 3 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
1 Comment on this Review
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
Yngvai Redmond, WA

User’s Review Ratings
Overall
Education
Value



Great for part time traders
This is great for traders who don't have enough time to follow the markets from open to close. In and out of the markets in around 60 minutes or less with no overnight positions. The trade quality is good too. Have followed them more and more as the good trades continue.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
6 of 6 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
Angelajk Ellicott City, MD

User’s Review Ratings
Overall
Education
Entertainment
Value



Consistent Profits
Ideal for individuals who don't have time to stay in market all day especially for individuals who have a second job! In and out of the markets in 60 minutes or less with no overnight positions.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
3 of 3 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.
Stocknewbie Odessa, FL

User’s Review Ratings
Overall
Education
Entertainment
Value



Great ROI.
Quick, accurate entry and exit points for making 1% per day on your investment account. Fun, too.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
1 of 1 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
1 Comment on this Review
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Education
Entertainment
Value



The First 60 Minutes Of Trading
Great Book

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
2 of 3 people have found this review helpful.
Embed Permalink Report
Was this review helpful?   Yes   No
1 Comment on this Review
Review Updated


This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

User’s Review Ratings
Overall
Education
Value



Page:   1
Displaying 1-9 of 9 Total Reviews
Recommended For
 
Investimonials Sponsors
 
Similar Products to Review
 
Featured Investing Products
  
  
  
  
  
  
  
  
 
Users of Fast Money Trading Team