This is My Stock Trading Journey

John Quinn

All of the posts under the "John Quinn" tag.

Top 10 Things to Know Before Attending NVOWS Seminar 1 (Now known as TRADEway Step 1)

It appears that many people who check out my blog do so after hearing about Neuventure on Wall Street on the radio and a quick Google search leads them to my Seminar 1 review so I thought it might be helpful to put together a quick list of 10 things to know before attending a NVOWS Seminar 1.

  1. Overall people dress pretty casually. You’ll see plenty of blue jeans.
  2. Be prepared for A LOT of selling. There is almost as much time spent listening to sales pitches as actual stock trading content.
  3. What NVOWS teaches about trading is not a big secret. It’s not some kind of special information that only they have and the rest of the world is oblivious to.  (Yikes…I was actually naïve enough to think this on some level…)
  4. Google ‘swing trading’ before you go and read up on it. That’s basically what they will teach you.  I recently stumbled across this article and think it’s worth the quick read.  It’s entitled, “Is Making Money From  Swing Trading Too Good to be True.”
  5. There are many breaks and use them wisely. By wisely I mean network, talk to people, learn everything you can from the person sitting on either side of you.  Ask them how long they’ve been trading, what mistakes they’ve made, which coach do they like to talk to, are the home study courses, webinars and Insiders worth the money, are they profitable.  You get the idea and if you find someone who has been consistently profitable, I beg you to please send them my way.  I have only met 1 and would like to increase those numbers.
  6. Take a look around, you never know which other student sitting around you might one day be your coach. Happened to me.  I met a super nice guy in the row in front of me at a seminar.  I had been trading a couple years and he had just started a couple months ago and had never actually placed a real money trade yet.  So, I was walking him through how to use TeleChart and some of the different things I had learned over the years.  Within months I called into NVOWS and he answered.  He wasn’t a coach and speaker yet but within a year he was.  You can’t make this stuff up.  So just a heads up your presenter or coach may have very little actual trading experience.  This is one reason I’ve always enjoyed learning from and listening to NVOWS speaker John Quinn.  This guy learned trading inside and out and became good at it even before being hired by NVOWS.  He knows what it’s like to flounder and struggle and scrape to learn trading and he strikes me as a bit of a genius.
  7. Try to stay calm and prayerful. A lot of big numbers will be thrown at you and you will see dollar signs and visions of all your financial dreams coming true but try to stay calm and prayerful.  There is no rush.  They will make you think there is a rush and this is the best price and deal you will ever get, but it’s probably not and you can always retake the Seminar 1 again sometime where similar deals will be offered.  Just take your time to really count the cost and decide if this is what God wants you to devote your time and energy to.  Check out my post here for questions to ask yourself when considering trading.
  8. NVOWS teaches waaaay more than just trading. They teach people how to think outside the box of 9-5.  They spur on the entrepreneurial spirit.  They teach about politics, the Bible and risk.  My husband and I are thankful for the many ways our eyes were opened.
  9. It’s not a scam. The NVOWS corporate team seem to really love people and think they are helping people.  (I’m still personally trying to figure out if they actually are helping people financially but that’s not what this post is about.)  They are just a great group of people teaching others how to trade stocks and option, etc.
  10. Please check back into the blog after you go and share your experiences and thoughts. There just isn’t a lot about NVOWS on the internet and we students need to stick together and learn from each other.

Trader April 15, 2016 5 Comments Permalink

Neuventure on Wall Street (now known as TRADEway) Seminar 2 Review

In the past 3 years I have attended NVOWS Seminar 2 on options 3 times with 3 different instructors. My first was David Mitchell, the second was Chris Johanson and the third was a couple of weeks ago with John Quinn so obviously that one will be the freshest on my mind.

Naturally seminar 2 starts with a review of Seminar 1, once again going over rolling stocks and learning a little more about trending stocks. We then covered some of the most common patterns and bases. Then it was time to dive into options, starting with basic definitions and just the buying of puts and calls. I later learned on my own you can also sell (to open) puts and calls. I’ll admit my first Seminar 2 was a bit overwhelming as I tried to memorize and grab onto every last piece of option information taught. I felt as though if I didn’t grasp even one small piece that it would all fall down around me and I’d never grasp options. This isn’t the case. Even though there are still some concepts to this day within options that make my head spin I was able to learn a simple way to buy puts and calls. So simple I might add that I was a little surprised to pay $6400 to learn something that simple. But, having never stock traded before and being so new (at the time) to stock trading I had no idea that all this information was out there for the taking and even if I had, I don’t know where I would have even begun to look. Now that I’ve been trading for a few years though I would at this point feel a lot more comfortable navigating the stock/option trading information overload to find the bits of information needed to use such a simple strategy in my trading.

And what NVOWS seminar would be complete without the many long, relationship building breaks built-in as well as a good dose of selling. At this one I once again had the opportunity to buy the approximately 15k Hawaiian 3 day Practice in Paradise and the 10 Trade Options Webinar for about $2,500. Then there’s the $11,000 cruise I can take to learn new gap and news plays. Of course there is a whole new set of home study courses I could also buy on candlesticks, gaps and stock splits. One thing I would like to note here is that a thorough and complete stock trading training program will need to cover things like candlesticks, gaps, bases, indicators, etc. With NVOWS these things are only covered on the most BASIC level at their seminars if they are covered at all so if you want a more holistic view of trading you must buy these Home Study Courses or study up on them on your own or choose a stock trading training program that includes these in the upfront cost.

All 3 of my instructors were excellent and I learned some different tidbits from each of them. In addition to options this seminar also teaches the David Mitchell Advanced Stop Out Rule. The Seminar wraps up with looking through some real-time charts for great patterns and buy points and learning how to actually go into Eoption, (the brokerage NVOWS uses) pick out the correct option from the option chain and place a trade.  I was comfortable buying calls and puts after taking the seminar just once but my husband appreciated attending the Seminar 2 again. Everyone is different and learns differently.

There are definite advantages and disadvantages to choosing a stock training program that is live. One huge advantage is getting to meet so many like-minded people and learn from them and be encouraged. Another advantage is it forces you to take some time out of your life to learn this new skill on a particular date and time. The drawbacks however include not being able to review the seminars at home as a refresher especially if you need more than just 2 days to understand the concept. You may have to wait months until another one comes to your area as opposed to other stock training courses that are all online and can be watched and rewatched on demand. Everyone has to decide what will work best for them.

 

How ‘bout you? What were your thoughts on NVOWS Seminar 2?

 

 

Trader August 4, 2014 14 Comments Permalink

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