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Hammer

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  1. I have been a member of several chat rooms including a previous tour with this chat group prior to the name change. I left this group originally because I was a new trader and found Andrew's style was not working for me (My issues, not Andrew's). I had read Andrew's first book and was drawn to day trading but was not finding success with the opening range type plays. At the time, I was still uncertain about my preferred style and markets. I had my journey through the wilderness, and eventually started to become more consistent, utilizing both swing and day trades. I started watching BearBull Trader videos on YouTube again, and found a lot of content that resonated with me and so I decided to join up again. While I still trade opening ABCD and ORB type patterns, I have a preference for reversal/reversion patterns. For myself, the most beneficial parts of the membership are: 1. Educational content: The educational content on YouTube was a big reason why I decided to join the group again. I was impressed by how the contributor list had grown since I first tried the group, and the contributors were knowledgeable and professional. I especially like the emphasis on building your own style and paying close attention to risk management. Also, shout out to Robert H and his rants series. Very well done and something that all newer traders should watch. 2. Pre-Market Analysis: The current pre-market show is excellent, and I like that it starts an hour before the open. Too many rooms only start in the last half hour, and that makes everything feel more rushed. I build my own lists as I am listening, and then compare my list with the presenters. 3. Real-Time Pattern Alerts: While I do not follow trades that others will call out, I do try to listen as the presenter calls out indications that stock XYZ is starting to set-up in a particular pattern. This allows me time to investigate for myself. 4. Forums: I think there is a lot to gain by having structured forums for traders to ask categorized questions, rather than expecting the questions to be answered in chat. A lot of rooms do not have forums (or they are under utilized). I was happy to see the BearBull forums are getting used. 5. It is rare to find a room where members are so encouraged to engage and instruct. I have only been a member for a short time, but find the recaps and educational content presented by other members to be very good. It is great to hear about their personal journey's, styles, and strategies. I think BearBull Traders is doing a great job of building community. Many groups try to incorporate more markets (e.g. futures and options) and trading styles to the mix in order to gain members, but I would not personally advocate for that. I like that the group has a shared focus and find that groups which try to serve to many trading styles often do not serve any of them very well.
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