Learn the process live, in real market conditions.
A daily trading room for traders who want to plan before the open, define risk in dollars, and follow price instead of predicting it. Open every market day, with Doug live on the mic.
The free 14 day trial includes 2 weeks of full room access, the full 3/8 Trap class, and a one-on-one call with Doug. No charge to your card during the trial. After the trial, $112.27 per month unless a special offer applies. Cancel any time by sending a note through the website.
What the room is
Education first
A place to watch a repeatable process applied live, and to ask why a trade was taken or skipped. Doug trades on thinkorswim, charts in TC2000, and teaches both.
Alerts only on trades Doug is in
Alerts go out only on trades Doug has his own money in. Members make their own decisions and are responsible for their own results.
The room runs in Pro Trading Room.
A session, step by step
9:00 AM ET: Before the open
Pre-market broadcast. Mark structure and key levels. If there is no plan, there is no trade.
At the open
Wait for confirmation. Watch for 3/8 Trap structure. Most of the work is waiting.
During the session
Entries, stops, and exits are talked through as they happen, including trades not taken.
After the bell
About 15 to 20 minutes past the 4:00 PM ET close for earnings reactions.
Risk is set before the entry
The stop and the size are decided first. Example: a $300 account risk on a $1.50 stop is 200 shares. The number is decided before the trade, not during it.
Schedule
All times are Eastern Time. Open every market day except market holidays.
| Time (ET) | What happens |
|---|---|
| 9:00 AM to the open | Pre-market broadcast (shared with Hit and Run Candlesticks) |
| 9:30 to 10:30 AM | Live on the mic from the open |
| 10:30 to 11:00 AM | Off mic |
| 11:00 AM to 1:00 PM | Live on the mic (sometimes runs a little long) |
| 1:00 to 3:00 PM | Off mic: recording and one-on-one coaching |
| 3:00 to 4:00 PM | Live on the mic through the close |
| 4:00 to about 4:20 PM | After the bell: earnings reactions |
The alerts policy
For about 15 years, I have only sent alerts on trades I have my own money in. Never on a trade I am not in.
Win, lose, or draw, you see it
Every alert stays in the Pro Trading Room alerts window. Nothing is ever deleted.
Ideas are not alerts
When members ask, I will lay out trade ideas. No alert goes out unless I am in the trade.
Members make their own decisions and are responsible for their own results.
Membership plans
Monthly
$112.27
per month
Quarterly
$108.22
per month
Semi-annual
$106.01
per month
Annual
$88.75
per month
Three-year membership: $2,130 (pay for two years, the third is included).
Every plan includes the daily trading room, e-learning sessions, the trade alert app, and the full strategy course library.
Membership and billing are handled by our partner site, Hit and Run Candlesticks.
See a sample
This is an unedited segment of a session. It shows the process, including the waiting. It is not a representation of results.
Who it fits
Good fit
- You want a written plan before you trade.
- You are willing to take small, defined losses.
- You would rather skip a trade than force one.
Not a fit
- You want someone to tell you what to buy.
- You are trading money you cannot afford to lose.
Markets covered
US stocks and ETFs, including long and short ETFs, and every option strategy. Anything charted in TC2000. Dow E-mini futures are sometimes shown intraday for context, but futures are not taught because of the risk.
Room rules
- Respect the room and its members.
- No trade calls or pumping of tickers.
- No sharing of P&L screenshots as bragging.
- Ask questions about process at any time.
- What is said in the room stays in the room.
Meet Doug
I spent my early years chasing price and trying to predict direction, and nearly blew up an account doing it. The room is where I show the process that replaced that habit.
Questions
Do you send trade alerts?
Yes, but only on trades I have my own money in. Every alert stays in the alerts window, win, lose, or draw. Members make their own decisions.
What platform is the room on, and what do I need?
The room runs in Pro Trading Room. I trade on thinkorswim and chart in TC2000, and I teach both.
Is the room open every day?
Every market day except market holidays. See the schedule above for live times in ET.
How much does it cost after the trial, and how do I cancel?
The free 14 day trial includes 2 weeks of full room access, the full 3/8 Trap class, and a one-on-one call with me. No charge to the card during the trial. After that it is $112.27 per month unless a special offer applies. To cancel, send a note through the website.
Are sessions recorded?
There are no replays. Sessions run about two hours, and storing them is not practical. Members are welcome to record sessions with their own software for personal use.
Can I start with free tools first?
Yes. The pre-trade checklist and the AI Trading Prompt Guide are on the Free Tools page.
Watch the process before you commit to it.
START A 14 DAY FREE TRIALGET THE FREE CHECKLIST
Education first. Alerts only on trades Doug has his own money in. Members make their own decisions and are responsible for their own results. Trading options involves risk of loss and is not suitable for all investors. Past results do not guarantee future outcomes. Only risk capital you can afford to lose.