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@Slippage Did you find value in TG's checklist that he provides in the training?
@Slippage I didn't renew my Moxie Mastery, I believe we joined at the same time this year. Terrible time to join, his overall returns were negative, and he doesn't go short. Overall the Gold room provides what I need and better return. TG going for those low cap mid-cap stocks in this type of market never works. Of course, he did well when the market was ripping.
Raghee is a very impressive trader. Not sure if you were ever in the Option Gold when Taylor Horton arrived. Taylor only focuses on selling premium and at extended ATR ranges or at the 21. He's very consistent, and a good addition instead of those chasing direction with these bloated premiums.I don't think it's a small/mid cap vs large cap issue. I've been through a lot of charts lately while tweaking scripts for a strategy and I saw a lot of small/mid caps that ran. He just wasn't looking at them. I think the problem is he clung onto the stocks that did well in the months prior instead of looking at which sectors are actually moving.
Another member in there who I have contact with elsewhere says TG's still mainly watching those same stocks and talking about how "our old friends are starting to come to life". It seems he expects now that these stocks have pulled back almost to where they started they're going to shoot to the moon again. When they ran before it was because Dems took the Whitehouse. There's no catalyst for those stocks now until some of them benefit from the infrastructure bill and whatever it provides for EV charging and such.
Near the end of my time in mastery I copied TG's entire trade spreadsheet and ran some calculations on it. Taken as a whole the % gain is very impressive. Remove Apr 2020 through Jan 2021 and it's a lot less impressive. In a normal market he's profitable but nothing special. At the time my interest in Moxie started I was also looking at Raghee's Sector Secrets stuff. I should have signed up for that instead. She has a much better handle on the big picture and moved her trades into the right sectors and commodities when the market started to shift. I guess that's her 30+ years experience vs his 5 or 6. I have no plans to give Simpler any more money, though.
Raghee is a very impressive trader. Not sure if you were ever in the Option Gold when Taylor Horton arrived. Taylor only focuses on selling premium and at extended ATR ranges or at the 21. He's very consistent, and a good addition instead of those chasing direction with these bloated premiums.
Ok. His youtube is all you need then. He's active there and on his twitter.I've never paid ST for anything except Moxie training and Moxie Mastery so I've never been in the other rooms. I'm familiar with Taylor from his Focused Trades youtube channel, though. I subscribed when I was considering trading squeezes. I found that channel before I realized Taylor joined ST.
Thank you for taking the time to share. I appreciate it.At this point my opinion is there's a little bit of knowledge in the class and in Mastery content beyond what's on YouTube but not much. The class is structured better for learning and I feel I have a firmer grasp on the content after watching the class videos. Between that and having the checklist the strategy feels more actionable. But a big part of that is because before taking the class I wasn't sure how much knowledge/criteria he was holding back for YouTube. Now I know the YouTube videos really aren't missing much.
If you're going to pay for anything, since you already have the indicator from this thread, I'd say skip the classes, including whatever live class events come up, and just get the Moxie Mastery subscription. Mastery has 20 short (8 minutes to 38 minutes for the ones I watched) videos covering almost all of the same concepts as the class and some things not covered in class. Be sure to watch all of the videos in the Mastery Learning Center. The order in which they list those videos is less than ideal, though.
One caveat... the videos in Mastery, based on their titles, don't seem to cover divergence at all which is more important than you might guess. It may be covered in the live trading videos I haven't watched yet but, if not, you can find it discussed in many of his YouTube videos. You can save the money you would otherwise spend on the class by watching the YouTube videos until you understand not just what divergence is and what it looks like but also what it communicates and why it's important. Divergence isn't just a Moxie thing but is also common with RSI and other indicators so if you feel like you're not getting a firm understanding from Moxie videos, try researching RSI divergence or whatever other trading-related divergence stuff you can find on YouTube.
I think of it like this... if you pay for the class it's 7.5 hours of training and 9 hours of live trading videos. That's 16.5 hours. If you watch 16.5 hours of his YouTube videos instead, only the ones where he's showing stock after stock, you'll have probably 97% of the same knowledge for the same time invested and no money spent. Moxie Mastery gives you another 2% of that knowledge, plus some other stuff, and now you're just missing 1% of what the class would have taught you. Whatever that 1% is, it's not the secret sauce and it's not worth the price of the class. I think most people (this isn't directed at anyone in this discussion) don't have the self discipline to watch 16.5 hours of videos whether they paid for them or not.
Mastery includes a PDF labeled as a Glossary. It's the same one provided in the class. Glossary sounds unimportant and I almost didn't bother to look at it. The glossary is only the first page of the PDF. It also has the checklist of criteria for taking trades.
If, after watching everything in the Mastery Learning Center and at least some of the recorded live trading sessions or YouTube videos, you feel like you're still missing something then you have the chatroom members and TG himself you can ask for help. If all else fails, maybe the class would be beneficial for you since it does spend more time on each concept.
I'm not sure yet if the chatroom is useful beyond being able to get answers from Watkins directly and in near-real-time. If you're imagining an army of well-trained Moxie soldiers scouting the market and calling out a steady stream of good setups you're way, way off. Maybe it's because the market has been down and a little crazy since I joined but there's very little Moxie talk so I haven't been paying too much attention. I've noticed 5 main things in chat.
1. Q: Where is the recording from the class last weekend. A: Did you look in the F-ing dashboard? (F-ing is really my addition. The people there, including TG Watkins, are nice and have a lot more patience for stupidity and laziness than I do.)
2. @TG how about $XYZ? (which meets literally zero of the criteria) Answer from TG: "It's not ready yet". My answer would be something more like "GTFO out of this room and don't come back until you've watched all of my videos at least 3 more times each"
3. Some members are day trading together and it's not clear to me if they're using Moxie at all in those trades but I'm guessing not. Their chatroom software doesn't support direct messaging so it's all tagged @ each other in the chatroom.
4. Discussions about market cycles and a tool named Sentient Trader.
5. Other Simpler Trading stuff.
I posted a list of 5 symbols the other day asking for anyone with experienced Moxie eyes to tell me if they wouldn't be good trades and no one responded. I'm sure TG would have responded if I tagged him in the question, though he's on a ski trip for a few days and not available the entire day right now.
Thank you for taking the time to share. I appreciate it.
https://usethinkscript.com/threads/moxie-indicator-for-thinkorswim.369/page-11#post-54662Can someone post the code for AA_moxie_norepaint?
tThanks very much. Do you also have the code for moxieslippage. In you opinion which one works better?
tThanks very much. Do you also have the code for moxieslippage. In you opinion which one works better?
Hi @Slippage, thanks for sharing your work. Can you explain why the divergence here on the 5min chart between price and the moxie line? And how should we read into the divergence? and @J007RMChttps://usethinkscript.com/threads/moxie-indicator-for-thinkorswim.369/post-53789
This version of Moxie is an exact clone of the real Moxie. Mathematically the result is exactly the same as the real thing. This one is better than the official Moxie code because this one is a single script that works on all standard timeframes. If you buy Moxie they give you a different script for every timeframe TG Watkins uses. He's the one who created Moxie. He's not a programmer type and he didn't know how to handle the timeframes.
This version also handles what TG Watkins calls the trampoline setup, which the official Moxie doesn't, and this one has SqueezePro also built in.
The difference between the two links I've now given you is the smooth version doesn't repaint. The official Moxie and the clone linked in this message can give you a signal today and when you look tomorrow today's signal can be gone. That makes it harder to accurately back test and it makes Moxie look smarter than it is. The smooth one doesn't do that. The smooth one also performs better when you change symbols in your charts because it's not accessing a second timeframe like the real Moxie and the clone do. However, the smooth one's result is mathematically slightly different and can sometimes be slower to give you a signal.
@Slippage I read somewhere in this thread on your venture to auto trade. I'm in the midst of developing a Python based BOT and wanted to bounce some ideas on what strategy is the most efficient that your would recommend as a BOT. As Always Many Thanks
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