Shairafzal Khan asked 3 years ago
Hello, Patrick walker, why did’nt you buy stocks like Gfs, Trtn, rmbs. Thanks.
Owen Staff answered 3 years ago
The Key List is for members (along with Pat and myself). But Pat can’t buy everything that triggers. When you are getting started, you may very well only take trades Pat is taking. That’s fine. But, at some point you are going to want to venture beyond and begin taking your own trades. Even if it’s only one trade. You’ll want to get into the habit of scanning the charts (maybe along with Pat in the Key List Coaching video) to decide whether or not to place either an alert or a Buy Stop on a particular product.
Pat is far more concerned about VIP Members than he is about catching/missing a trade. Things are very busy in the Twitter feed with questions coming in much of the time. Pat will admit that he has missed opportunities as a result. But… then he’ll quickly say, that’s OK; the members are my priority.
You guys are all our priority. But, we do want you to “own” this. To that end, you will have to expand beyond what Pat is ‘alerting’ on his personal account.
Begin by picking one stock. Pick one stock every couple of days or even one per week. Own the trade. Own the process. We want that for you.
Daoud Edris answered 3 years ago
Hi there,
I think I understand the question; yes, they were on the key list, but it doesn’t look like Pat bought them because there was no official notification that usually comes through on discord/twitter when Pat buys and sells.
I may be wrong, but my take on that is the key list is made for our benefit and it’s up to us to make decisions on what to enter or not.
And when Pat does buy, you get the official “buy filled” notification… and if he doesn’t then you don’t.
I hope that helps?
cheers,
Dodi
OwenOh… absolutely. The Key List is for members (along with Pat and myself). But Pat can’t buy everything that triggers. When you are getting started, you may very well only take trades Pat is taking. That’s fine. But, at some point you are going to want to venture beyond and begin taking your own trades. Even if it’s only one trade. You’ll want to get into the habit of scanning the charts (maybe along with Pat in the Key List Coaching video) to decide whether or not to place either an alert or a Buy Stop on a particular product.
Pat is far more concerned about VIP Members than he is about catching/missing a trade. Things are very busy in the Twitter feed with questions coming in much of the time. Pat will admit that he has missed opportunities as a result. But… then he’ll quickly say, that’s OK; the members are my priority.
You guys are all our priority. But, we do want you to “own” this. To that end, you will have to expand beyond what Pat is ‘alerting’ on his personal account.
Begin by picking one stock. Pick one stock every couple of days or even one per week. Own the trade. Own the process. We want that for you.
Daoud Edris
replied 3 years ago Spot on Owen! I couldn’t agree more.
Pat and you guys do an amazing job. I couldn’t be more impressed. And I love the way the keylist is delivered to us, and that we then own our own decision making (with Pat and you folks helping us learn the best practices along the way).
I’ve traded on and off for years, trying different strategies and tactics along the way, and I can honestly say that in the time I’ve been a VIP, I have learnt more than in all my previous years combined… and I love the clarity and simplicity of what you do. Simple rules, great risk management, and a clear head.
This is arguably the toughest market I’ve ever encountered, and yet I’m investing better than I ever have. I put that down to Pat and the team at MW, thank you!
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