Real Time Trading Alerts: The Problem With Being Spoon Fed

[Brendan Egan]

I can't even count the number of people who have asked me to provide a real time trade alert subscription service. Well for those of you interested in this service I have great news -- after much thought about providing this type of service, the answer is still absolutely not! Why is this good news? Because trust me--I am only doing this to protect you from yourself. There was a point in my trading that I signed up for several different real time trade alerts and even though I was spoon fed positions I still wasn't able to properly manage them the way the pros can.

In private coaching we often look at live positions and call them out in real time--the vast majority of these positions end up being winners and our analysis was correct. You may be thinking this sounds great and you would love to take advantage of my analysis, however my reason for not providing a real time trade alert service is simply because it really does not help with your trading education.

If you are truly interested in learning more about how I trade with price action, you would check out the Price Action Trading Course which is 6+ hours of instructional videos. However those looking for real time trade alerts generally don't want to learn my strategies but rather they want to piggy back my trades--which I have said time and time again doesn't end up working so well.

In the near future I am going to start calling out more positions that I spot on the 123LearnToTrade Twitter Account, so be sure to follow us on Twitter to receive these tweets, however there are no plans for any sort of live position calling subscription anytime in the near future. Far too many people will use these alerts the wrong way and end up not only hurting themselves from an educational and trading standpoint, but also end up hurting themselves financially.

If you truly are interested in real time position analysis, I would much rather do this in a more controlled and one-on-one environment so we can make sure you understand the purpose of this type of analysis and actually learn from it. Sign up for a free coaching consultation so we can talk more about this opportunity. And remember before you run off to sign up for some other real time trade alert ask yourself this simple question: Would you rather be given a few fish and maybe survive for a few days, or would you rather learn how to fish and be able to survive for life? For me, the choice is crystal clear.