I think if you’re serious about trading and have no idea where or how to begin, then Textbook Trading is a must see. Even if you’re already a veteran of sorts, the Textbook Trading DVD can serve as a refreshing reminder and perhaps add to your repertoire. Nathan Michaud’s explanation on how to profit from morning emotions is what has helped me the most with my trading, most of the time I make my profit within the first 90 minutes and I’m done for the day.
I have seen many other trading dvds but Nathan’s is probably the one that has given me the best bottom line return on my investment. A lot of things clicked for me after watching Nate’s DVD, heck Textbook Trading even convinced me to start a day trading blog to help with one of the worst things you could do as a trader, which is… OVER trading.
I sat straight through the entire dvd the first time I watched it, then watched it again and took notes the second time around. I still go back to it from time to time if I feel like I need to brush back up on something or if I mess up terribly on a trade, I guess you can say that it has served as a backbone for my current trading style. But before I get any weird comments, let me just say that this is the definitely not the end all be all for learning how to trade, being a trader takes years of cultivating your craft and gaining that market intuition/experience, and none of that can be taught to you, you have to earn it.
What to Expect
The Textbook Trading DVD provides 8 solid hours of trading content. You do not have to know one thing about trading before watching, since Nathan pretty much goes over all of the basics in the first two chapters. Textbook Trading has a total of 11 chapters and below is my rating for each chapter.