(click on
screenshot to review trading results)
https://www.thestrategylab.com/images/thestrategylab-review-032807-wrbtrader-live-screen-sharing.png
Archive
Chat Log @
https://www.thestrategylab.com/032807FuturesTrades.htm
Verification
of Price Action Trade
Performance @
https://www.thestrategylab.com/tsl/forum/viewforum.php?f=383
TheStrategyLab Reviews
@
https://www.thestrategylab.com/thestrategylab-reviews.htm
Image
on the above/left represents what many users in
the private chat room were able to see via live
screen sharing...
I
took a quick screenshot for marketing purposes within
minutes after I completed my last trade
for the day. The redacted screenshots are for my
own private trade journal documentation (other
two monitors not shown) and for verification that I traded on that
specific trading day I posted real-time trades
in the chat room for those that were not in the chat room or not allowed in the live
screen sharing for whatever reason with
others that were allowed.
In
addition, I use these redacted screenshots as
verification of which members were in the free
chat room on that specific trading day just in
case I no longer have access to the archived
chat room text logs.
- In
fact, I have many images like this of
different trading days (not every trading
day)...distributed on different webpages and
at forum pages along with the archived chat
room logs here @ TheStrategyLab. These
are redacted screenshots of live screen
sharing of my main monitor with my
broker trade execution platform in front of
members of TheStrategyLab just in case someone
says they didn't see any
verification.
This redacted screenshot was then placed in my
public chat room log, daily
performance record for that particular trading
day although I have a private
trade journal with other redacted
screenshots from my other two monitors (not
shown above)...complete trade fill window,
complete audit trail window, broker statement,
charts of Key WRB Zones, quantitative
statistical analysis from professional trade
journal software, public archive chat logs of
members real time trades, private chat log
conversations with other members using WRB
Analysis and other private financial data), my
exercise / nutrition stats for the same trading
day because I have a fixation
on documentation of my trading day, and admin
logs about redacted screenshots posted by users
of WRB Analysis...it is my
personal diary.
Serious, do you know any other vendor that
documents real time trades and redacted
screenshots of his trade performance and the
same by the members vendor's services ?
In
fact, today, a trader can not gain access to my
free chat room until they've posted the
verification of understanding the WRB Analysis
Free Study Guide and posted redacted screenshots
of timestamp trade fills in their broker trade
execution platform...a policy (verification
requirement) I've strictly enforced since
2014.
Thus, many of our members that uses WRB Analysis
post their redacted screenshots of trade
performance, some post real-time trades, some
use a 3rd part professional trade journal
software for their quantitative statistical
analysis of their trade performance...all posted
in their private trade journal /
private threads.
I strongly believe TheStrategyLab is the only
vendor that ask users of its services to verify
their trade performance.
-------------------
(click
on image to review redacted broker trade
execution platform with trading results)
https://www.thestrategylab.com/images/wrbtrader-thestrategylab-trade-performance-redacted-screenshot.png
Archive
Chat Log @
https://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=191&t=3063
My
name is M.A. Perry, retail
trader
(trading via my own money), educator and
vendor that uses the alias wrbtrader
(formerly known as NihabaAshi) at many trader
social networks. The name of my trade method
is called WRB Analysis.
I reside in Canada, province of
Québec. I have +25 years trading experience
with most of it as a full time trader. I'm the
sole owner of TheStrategyLab.com although I do
get an occasional help from other traders
which is why you may see me use the word "we"
sometimes at my website. I'm a discretionary trader that uses a rule
base objective trade method. I use several
different trade strategies that are
specifically designed for different types of
market conditions.
Rules of my
trade methods are well defined and very strict
although there's aspects of my trading that's
involved in my consistent profits that most
traders underestimate their importance. Those
aspects involves behavior finance, trader
psychology, cognitive decision making and
trading experience. These aspects are
important in my trading due to the fact I do
not use automation nor am I involved in any
algorithm trading.
Trading to me is
part art,
part psychology and
part science.
Definition of a Discretionary
Trader (rule base or intuition) - Anyone not
using automation
TheStrategyLab is primary an education
website
and a research/development
website
for market analysis and trade strategies. Hence
the phrase "Lab" in the name TheStrategyLab. Simply, I'm
constantly researching, designing and testing
price action concepts whenever market conditions
change or when I think a component of my trade
method can be improved. I then use these price
action concepts in my own trading prior to
helping others use them in their trading.
My trading performance
involves part science, part
psychology, part art
and those using TheStrategyLab trade methodology
only have access to the part science aspect that
consist of many different trade strategies. To
be up front, I do not believe
you can be a profitable trader via technical
analysis (science) alone and nothing else.
Just as importantly, the part psychology and
part art can not be taught in an online
trading course...it can only be learned via
experience and high self awareness of yourself
as a trader.
Reality, most traders should be learning on
their own. This does not imply that you should
stare at charts all day and something magical
will pop out for you. Instead, it implies you
should be using any free resource you can find
to develop their own trading plan. Yet, it does
not
imply that just because its free...its going to
help your trading. That's why most of my
services are free and any trader can
contact me to get free support with any of their
trading problems.
Further, when you ask questions about problems
in your trading...I will not mention our
fee-base services to you nor will TheStrategyLab
share with anyone any information you have
shared with us. Hopefully, my WRB Analysis price
action concepts, views about behavior finance,
trader psychology, cognitive decision making and
trade experience will help you develop your own
approach to trading that results in consistent
profits as it has for TheStrategyLab.
If you then exhaust the free
resources involving self-learning...that's when
you should consider fee-base resources.
We make no
guarantees
and no promises you'll be
profitable. In
contrast, trading is difficult and only a small
percentage of traders will be consistently
profitable and even a smaller percentage of
traders will be able to trade for a living.
fact, if we meet a trader we believe is not suitable for
trading...we'll be direct and tell the trader
that trading is something they should not be
doing.
There are two types of traders that mainly
contact us and want to use WRB Analysis. I refer
to them as trader A and
trader B.
Trader A
is a trader that uses price action concepts of
WRB Analysis to improve the performance of
his/her own trade strategies.
Trader B
is a trader that does not have a trade strategy
and then uses WRB Analysis to design his/her own
trade strategies or uses our trade
strategies that's already embedded with WRB
Analysis.
Most users of WRB Analysis are price action only
traders. Yet, we do have some users of WRB
Analysis that are using traditional indicators
or their own proprietary trading systems.
TheStrategyLab does not use indicators and we
do not
use programs or codes to trade. We help traders
to embed WRB Analysis with their trade methods
regardless if their price action only traders or
traders using indicators or proprietary trading
systems after the trader explains to us the
problematic areas in their trading. Traders that
use our resources but does not communicate with
us will most likely have difficulties in using
WRB Analysis.
TheStrategyLab
does not
offer a signal calling trade room service...never
has and never will but we have a free chat room for any
trader to use and talk to other traders about
the markets, discuss their trading problems or
discuss WRB Analysis. The largest group of WRB
Analysis users in the free chat room are using
WRB Analysis merged with their own trade signal
strategies. The next largest group of WRB
Analysis users in the free chat room are
designing their own trade signal strategies via
using price action concepts from WRB Analysis.
My responsibility in the free chat room is to moderate (keep the peace
between members). I do this very well via using
my past experience as a
moderator
at a popular trading forum. Thus, I make a big
effort in keeping out spammers, trolls, keeping
out traders not using WRB Analysis,
keeping out traders trying to use the free chat
room as a signal calling trade room and keeping
out drive-by curiosity seekers.
Unfortunately, a few of these types of traders
sneak into the chat room and cause problems for
other members. I then ban those types of trouble
makers and some of them decides to retaliate via
posting negative commentary about
TheStrategyLab.
TheStrategyLab
does not
offer a mentoring (coaching) program...never
has. Thus, we do not teach you how to trade.
Yet, due to many requests for a mentoring
program, I've decided to maintain a waiting
list. If/when there is a mentoring (coaching)
program, I will use the business model discussed
@
https://www.thestrategylab.com/trader-mentor.htm
(click on image
to view trading results)
https://www.thestrategylab.com/images/thestrategylab-review-041107-wrbtrader-trade-performance.png
Archive
Chat Log @
https://www.thestrategylab.com/041107FuturesTrades.htm
To
gain access to the free chat room, a trader must
learn the WRB Analysis free study guide (see
link below). This requirement helps ensure users
of the chat room understands any WRB Analysis
conversation in the chat room (e.g. WRB
interval, WRB Hidden GAP interval, WRB Zone, Key
WRB Zones, R area of Zone, S area of Zone, first
WRB Hidden GAP interval, reaction high/low,
volatility spike, contracting volatility, key
market event).
This
process also ensures that members are not disturbing other
members in the middle of their trades with
questions like what's a WRB Hidden GAP
interval. The free chat room is used as a
supplemental trade journal of market
analysis and real-time trades. There are no guru
traders in the room telling other traders what
to trade, when to buy or when to sell and that's
because its not a signal calling
trading room nor is there any mentoring
(teach how to trade) anywhere @ TheStrategyLab.
In
contrast, I do freely share my WRB Analysis Free Study Guide,
sell my WRB Analysis Advance Tutorial
Chapters and Volatility Trading Report
(VTR) trade signal strategies for a fee.
Yet, these resources do not involve any
mentoring. Thus, they are self-serve although I
do require users to post verification of their
understanding and application of the resources.
WRB Analysis free study guide
@
http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=119&t=718
(registration not required to download
the free study guide)
Instructions to gain access to the free chat
room @
http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164 (you're required
to understand the WRB Analysis free study guide
to gain access to the free chat room)
Archive Chat Logs @
http://www.thestrategylab.com/ftchat/forum/
(registration not required to read the
chat log...archived since 2002)
Also,
I do not need to generate income via allowing
sponsors to post advertisements at my website
nor do I need to use Google adsense or any other
like services for income. In addition, I do get
several offers per month by websites that want
to pay me a generous monthly fee to advertise
their products at my website. I've always stated
in my replies I'm not interested. I do have
affiliation accounts with Amazon because I'm a
big fan of their services but I've never made a
penny via the affiliation although I do have
several Amazon affiliation links posted at my
website. Its possible the links are no longer
valid but I'm too lazy to post updated links.
My main source of income are
trading, photography business in a European
country that I'm a part owner although I'm no
longer involved in the management of the
company. Yet, I do still give a generous
financial support to the company and employees.
As for this TheStrategyLab website, as stated,
I'm the sole owner. It generates about $3,200 dollars per year
since since 2009
(prior years more clients but the fee per client
was LESS). Another reason why I get very little
interest is that I do not market myself outside
of my own resources. Instead, as a
trader/vendor, my marketing is in house via
selling access to my rule base
advance methods
called Advance
WRB Analysis Tutorial Chapters and the Volatility
Trading Report (VTR). In addition, I have
a referral
program that use to be popular until 2010
when I notified all traders in my referral
program about my new referral rules that
essentially prevented them from looking for new
clients at discussion forums I'm a member (e.g.
Elitetrader.com).
I
myself do not spam, do not use multiple aliases,
do not bait traders into conversations about my
trade methodology and I do not defend my website
when someone talks bad about me. The reason why
I do not defend my website is because to do such
is to give attention to those (mostly trolls)
what they want...attention seeking. It's
simple...ignore the trolls. In addition, I've
always been upfront with forum owners about my
vendor status the first day I arrived at their
forum and all of them are OK with my status just
as long as I do not advertise at their forum.
Simply, there's no deceit, no secret
advertising, no hidden agendas...we post like
any other forum user and we prefer to talk about
"trader psychology" and "behavior finance"
topics at forums. In contrast, at my own forum,
I
help traders with their due
diligence
via offering free access to many
services and that includes free access to my WRB
Analysis study guide so that they can use it to
determine the merits of WRB Analysis prior to purchase of any of
my advance services. Registration not required and you can
download it @
http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=119&t=718
There are three big misconceptions
about my website.
Many come to my website because they're looking
to be mentored after someone misled them with
information (good or bad) about my website.
As
stated, my resources do not teach someone how
to trade although I often get asked to
offer services that teach how to trade.
Instead, to teach how to trade, I strongly
believe such can only be done in
person
and in front of the student eyes while trading
from the mentor's own trading account in live
trades. I also believe a mentor should give a
full refund if the mentor is not profitable during the
mentoring session. Mentor/Student relationships
is a two way street. Thus, its the mentor's
responsibility to ensure the trader has an
adequate at home trading environment, properly
capitalized, test the student on issues
involving proper risk management, monitors the
student live real-time trades in a chat room and
many other things prior to in person mentor
and prior
to any payments. Regardless to my beliefs about
the business model of mentoring, I do understand
many are upset at my opinions about mentoring
and some have actually harassed me for such
views because it greatly contrast their own
beliefs.
Most
users of my website are free users and many have
stated my WRB Analysis free study guide and
other free content is very helpful to their
trading. In fact, I document a lot of these
conversations with traders that find WRB
Analysis useful to testimonials. Next, I give
support in understanding and applying the WRB
Analysis especially for those traders that are
using the price action concepts from WRB
Analysis to design their own trade methods.
Most of our services
are geared to helping users with their trade
signal strategies or help them design their
own trade signal strategies via traders using
concepts from WRB Analysis. Unfortunately,
most of the trolls out there that are bashing
TheStrategyLab are those using their own
personal trade signal strategies or are
traders that were banned from your resources
because they were harassing other users that
are outperforming them. Some of our clients
post brokerage statements and/or performance
metrics in their private threads. This is
private information that we do not share with any one
because it involves our clients custom
(proprietary) trade signal strategies.
Many think I'm living
the multi-millionaire lifestyle. I pay a lot
of taxes in my country. I financially support
another business with employees that has
nothing to do with trading, a
lot of my income is absorbed in the support of
my family and a sick love one. This is the
reality of my trading life that the naive and
jealous do not want to talk about. Further, they
do not want to talk about the costs involved in
treating trading like a business, private
health/medical insurances for traders like me
that trade for a living, long term financial
cost of taking care of a sick love one and many
other realities of life. The only thing they
care about is that you had a 400k year and you
must be a multi-millionaire by now and living
the lifestyle of a millionaire.
These
are misinformation told by a few trying to get
others to believe this is my persona...a persona
I've never projected about myself. If you want a
more accurate persona about me and my
beliefs...go to forums like Elitetrader.com and
read my message posts involving the realities
of trading.
Simply, a multi-millionaire lifestyle is not my reality. I often
talk about the financial burdens in life as a
trader. In fact, some traders get personal with
me and I do tell them to keep their jobs because
it has health/medical benefits and that they
should only trade before work, after work, leave
of absence or on vacation that's setup for
trading.
All
new traders in today's markets of global
financial uncertainty need to be financially
stable while learning how to trade on their own
and it helps with the psychological aspects of
trading via having a job that provides security
for them and their family. Simply, do not quit
your job. Instead, make changes in your schedule
so that you can trade when you're not working at
your job.
In fact, if you hang out at the
forums I hang out at like Elitetrader.com, you
know who those traders are that have views about
trading that contrast me. They are in plain
view
and many of them I've debated about in
topics involving technical analysis (I don't
believe such works by itself), debates about
psychology (many have deep psychological
problems), debates about their hypocritical
views about the markets while living a
different lifestyle, debated, and debated
with those about topics not related to
trading (e.g. politics, healthcare)...the
latter creates the most trolling by these
individuals.
(click on image to view
trading results)
https://www.thestrategylab.com/images/thestrategylab-review-050407-wrbtrader-trade-performance.png
Archive
Chat Log @
https://www.thestrategylab.com/050407FuturesTrades.htm
As
of 2010, all fee base clients are
require to post DOKs to verify they
understand the WRB Analysis Free Study
Guide and post redacted screenshots of
timestamp trade fills in broker trade
execution platform with brief
explanation of the trades via key
concepts from the WRB Analysis Free
Study Guide to verify the
understanding/application of WRB
Analysis prior to purchase of
any of our fee-based education content.
If they did not see an improvement in
their trading via the WRB Analysis Free
Study Guide prior to purchase or
they purchase our education content
without posting the verification of
understanding/application
information...they are not given access
to the fee base resources and they are
then immediately refunded. This is part
of a vetting process to weed out
potential clients that refuse to do the
work required to give them a chance for
success. I may later add other
requirements in the vetting process
if the current requirements are not
suitable to weed out lazy
traders not willing to put in
the screen time with WRB Analysis.
I
then explain to them that they can
purchase my advance trade methods at a
later date whenever they are confident
they understand the WRB Analysis free
study guide and only when they see an
improvement in their trading via the WRB
Analysis free study guide. Thus, process
itself is another reason why I only get
a few clients every three
months. In contrast, if someone lies in
the questionnaire process, they are
not
eligible for any refund. Also,
you will not find anonymous
testimonials at my website because I
show the actual
conversations (unedited).
I'm from a family of
traders although I'm the only retail trader in the family.
Therefore, those I hang out with that
are traders, they are mainly
professional traders working for a firm
or private traders that begin their
trading career working on Wall Street,
London financial district or Hong Kong
financial district. I'm very cautious
about my online interaction and I put an
enormous effort in maintaining my
privacy and security of my family. This
is the primary reason why I'm vague
about details involving myself when
interacting with strangers, people with
a criminal background, drive-by
curiosity seekers and with anyone that
does not have a sincere interest to get
to know me. Anyone that uses today's
social media should understand my
caution. In contrast, if someone takes
the time
to
consistently interact with me online
along with showing a sincere interest,
I do meet with people in
person
and allow them access to my trading
environment.
I
have a free chat room for anyone to use
that wants to learn about WRB Analysis.
More information about the free chat
room @
http://www.thestrategylab.com/tsl/forum/viewforum.php?f=164
Further, in
the free chat room, I post my live
trades in real-time (entry to
exit) every trading day along with
market commentaries from one trade to
the next trade since November of 2002
in the free chat room. In addition,
I've been posting my broker
profit/loss blotter
since September 26th 2006 to show that
there are real traders making a living
at trading along with allowing in
person meetings (appointment only) to
let traders watch me trade in front of
their own two eyes. Yet, I'm realistic
and know that in today's market
conditions, its best for traders to
first begin as a part-time trader with
a secure job to support them until
market conditions change when they
have shown consistent profits to
verify they are ready for full time
trading.
Once again, I'm
a discretionary trader that uses a
rule base trade method. Rules are well
defined and very strict. Thus, I don't
use automation nor am I involved in
any algorithm trading although I enjoy
discussions about algorithms in the
financial markets.
With
that said, I'm not a guest
speaker on financial networks,
authoring books, magazine articles,
giving hindsight seminars nor managing
funds...all of which I have not
done. Yet, TheStrategyLab is mentioned
in several books, magazine articles,
blogs in several different languages.
I'm very proud that we've helped many
traders around the world while only
having one negative review. I have a
strong belief that profitable trading
involves more than just trade signals
and you can see this in my discussions
at forums like Elitetrader.com
although I do not discuss my trade
methods at these forums.
In
fact, you can read anything I've stated
at the below resources but do not contact me at
the below resources to ask me questions
about my website because I'm not a
sponsor at those online locations.
Therefore, if you have questions about
my website, you can contact me
via email or at my own forum @
http://www.thestrategylab.com/tsl/forum/
wrbtrader
@ Twitter (I primarily
communicate via private message)
wrbtrader
@ Stocktwits (I primarily
communicate via private message)
wrbtrader
@ ForexFactory
wrbtrader
@ Futures.io
wrbtrader
@ TradingView
wrbtrader @
Traderslaboratory.com
(I'm mainly inactive at the forum)
wrbtrader
@ EliteTrader.com (I'm very
active and I mainly discuss psychology
of trading or debate with traders that
are hypocrites in their own personal
use of technical analysis. It's a
forum that I have close personal
friends that I use to trade with in an
office...they were the ones that
invited me to join Elitetrader.com
along with an invitation from an
assistant manager of the forum name
Joe that use to visit my free chat
room)
wrbtrader
@ BabyPips.com (I'm mainly
inactive at the forum)
NihabaAshi
@ EliteTrader.com (My old user
name that I changed to wrbtrader with
the approval of the forum owner
Baron...most traders change user names
without notification to the owner or
most denied )
All the above
listed forums, the forum
owners are aware
of my vendor status because I notified
them myself. They know I do not market
or promote myself at the forum and
they know that I have no interests in
being a sponsor of their forum due to
the fact I do not want to advertise my
services at their forum. They also
know I'm very professional and that I
only discuss topics that are
not
specific to any of my services.
The
above information may seem vague or
different in comparison to other
vendors but it's intentionally vague
due to some website visitors not
having good intentions. Therefore, if
you want more detailed information
about any of the above
information...please send me an email
with telephone number to request a
phone conversation and I will
determine from the conversation and
your background if I want to continue
to get to know you.
In
addition, please read the disclaimer
statement very carefully and by being
on this website you agree to the terms
it explains. If you don't agree with
our disclaimer statement, it's
strongly recommended you do not use
any resources of TheStrategyLab.com
Further,
TheStrategyLab.com strongly believes
that constant
R&D (research and development) is
required to remain profitable, avoid
drawdown periods and our website helps
us to accomplish these goals for
ourselves and our clients (hence the
name TheStrategyLab).
Analysis of wide range
body or bar (WRB) is the most efficient way to
exploit changes in supply/demand or changes in
volatility for profits.
Thus,
we provide you with
strategies and resource tools that not
only improves your entry/exit technique
but also maximizes your profits while
minimizing your losses for current
market environments. 
@
