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"You don’t get into a trade because you like it, you get into the trade because of Risk / Reward."
A Premium Community for $50k+ Accounts
A process driven community for building better traders. The community wins as each member wins. We aren't about copy trades, but about identifying, planning, and sharing trades with outsized reward to risk. Have an idea, but need help planning, we got you.
Trade Just 2 Hours a Day
Work smarter not harder. Keep your day job, supplement income, or possibly make more in a day than you do at your job in a week by trading just 2 hours a day.
Leverage Spectre's Experience and Knowledge
How would you like to have Spectre's experience working for you? He regularly drops knowledge bombs while talking through thinking on trades live on voice.
Community & Teamwork
Imagine trading with members who have learned Spectre's process, where one can share in idea, and Spectre or another member might help you plan out the trade. We believe in team effort.
Join Our Team
We’re looking for awesome people to work with us.
Trading with Spectre has been a very rewarding experience and has led to my immense growth as a trader in multiple ways. Few aspects of trading which lot of newbies don’t appreciate are patience, discipline, risk/reward and the overall big picture of the overarching trend. Here are my thoughts on how Spectre helped me understand these areas better:
Patience- Spectre taught me to wait for the right entry, not jump in on impulses as I would do so previously. In the heat of moment, we forget that retracements do occur, and we need to wait for them instead of entering trades impulsively. If you miss your initial entry, you can wait for a retracement to support/resistance area to enter or wait for reversal to occur to trade the other direction.
Discipline - Spectre taught me to only trade the best set ups and only at certain time frames as opposed to over trading for 8 hours of the day. One needs discipline not to jump in every trade out of boredom or trade during low volume time frames, such as lunch time.
Risk/Reward - Everyone buying calls at High of Day or puts at Low of Day should really consider what their risk/reward is before clicking the buy button. Is a reward of 10 cents worth it against risk of $1? Definitely not, and this is another area where traders need to build good habits and try to quantify what they tend to make vs what they can lose if the trade goes against them.
Big Picture - I used to trade solely off of 1 min chart and chase candles, where as the key is to look at bigger time-frames such as hourly or daily to get a feel for the bigger trend. You don’t want to be fighting the overall trend for mini scalps, you want to join the trend at opportune times for the bigger gains. You want to trade for dollars, not cents. These are my genuine thoughts on my trading journey with Spectre and I am confident you too will find value added to your trading strategies if you choose to learn from him.My account is climbing high.
- Moe of New Jersey
After trading with various trading groups over the last 2 years and being disappointed, I was at a point where I had decided that I would just trade on my own. It seemed that the only one doing well in those groups were the people running them. I finally realized that blindly copying someone else’s trades was NOT the way to trade…. And would only lead to losses.
Why? Because how can you follow a trade when you don’t understand the reason you entered into it?When a friend of mine suggested we try Edumomo, I believed it would be a complete waste of time (based on experiences in other groups). I was already a profitable trader, though not making the money that I knew I should. My trading had become stagnant and I was no longer growing. And to be completely honest, I had to make a lot of little gains to make up for the big losses I tended to make. It’s a very sloppy way to trade and I knew it.
So yes, I was profitable. But, barely. I tried Spectre’s group and in a short time, I knew I had finally found a place where I could grow my skills as a trader. Though I had the ability to find good trade setups and knew how to trade somewhat profitably, I had developed some really bad habits. My worst habit was entering too many trades for quick scalps for 5% gains without evaluating a longer term goal. Spectre asks us all the time – what is the risk/reward of that trade? If the risk/reward is not right, we don’t take the trade.
We want to focus on high quality trades – quality over quantity.I have gone from scalping for 5-10% gains to taking trades that have made over 100% and beyond. I frequently see Spectre and other members taking 200%-1000% gains – and yes, these trades are alerted to the room. And you know what’s crazy? They do this by trading only a few hours a day, taking only a small number of trades.
In fact, Spectre does not want us trading outside of the first 2 hours of the trading day since risk typically goes up while reward typically goes down. The Edumomo group is centered in a way that focuses on education. It’s not an alert service, though you do get alerts from Spectre and other members. Their goal is develop traders who don't blindly follow trades, but learn to trade profitably on their own - and Spectre puts a lot of time into the group to make that happen. This group has a lot to offer for anyone that is willing to put in the effort to become a better trader.
- Erin of Texas