Alla Peters’s Story
My Life Prior to 2008
I grew up in Ukraine, studying classical music, playing piano, singing opera and dancing ballet.
Coming to the USA in 1989 had given me a new lease on life and opened my eyes to a world I had never imagined.
In US, I became an RN and worked at the world renowned John Hopkins Hospital. I worked in Behavioral Psychiatry, which later became relevant to my later success in the trading world.
From there, I started my first investments within a few months of coming to the USA and it worked. Being clueless was paying off and that made me very ignorant of the value of money. I honestly thought money was growing on the trees and took everything for granted!
For over 15 years, I had a great time investing and position trading, based on the P/E ratio and other indicators of the stock market.
In 2008, position trading was not fun anymore. My ignorance and arrogance was slowly deflating. With market swings of 700+ points, stocks with excellent ratios were collapsing, I was losing sleep. I could not understand how a stock with fantastic earnings reports and great P/E ratios could collapse? Why was the market rallying when news was bad and collapsing when news was great? Nothing was making sense any more.
I had to do something. I had to find answers. The world of business and finance was changing and staying in a trade for weeks or months was no longer an option.
I decided to enter The World of Day Trading! I was so passionate about trading that since I achieved success in all my prior business ventures, I was convinced that if I could spend enough time studying technical trading, I would succeed.
I assumed that if only I read the right book, took the right course, listened to the right teacher, and studied hard enough…I would become a great trader! After spending a fortune on Trading Education, spending close to $30,000 on course after course, where I learned very little of value–I gave up!
Next, I dived into the world of Trading Software! This is where the fun began: Green and Red lights and exciting colors! Semi-automatic and even fully automated! How can I fail? After all, all I had to do was push a button!
But somehow I was still losing money day after day after day..…I switched to indicators: it was still not happening: I was still losing money!
The Turning Point That Changed My Life
The following may sound preposterous to many people. But it is 100% the truth.
The day came when I had very little left in my trading account. I removed everything from my charts, disposed of all the software and indicators, and simply said a prayer to God.
I asked him to give me the vision to see price in a way I had not been able to see it before. Magic happened: God answered my prayers! I started seeing unique patterns in price waves that I had never seen before!
I discovered a simple way that I could read, interpret and accurately predict price action with nothing on my charts! Is it possible? Is this really happening? Yes and my trading had changed forever: I was able to read pure price action and was able to ride price waves day after day, week after week, and month after month.
Today, I don’t see trading and spending time with Price and Markets as a chore. I am incredibly fascinated by Pure Price Action and always, even now, spend endless hours mesmerized by this most mysterious puzzle of all: Price Waves. I spend many thousands of hours analyzing Price Waves and the more time I spend with Pure Price, the more I realize that:
Pure Price Is Really The World’s Best Puzzle, that simply keeps evolving from Small Price Waves into Larger Price Waves. Its simplicity and complexity never cease to amaze me. And each and every day I learn more by simply having nothing, but Pure Price Waves in front of me.
Being able to share my knowledge with others has been an incredible journey: I truly love teaching and sharing my knowledge with others. My experiences as pianist , educator and nurse had been an incredible benefit to my trading career, as I witness time and time again that key to success in trading is combination of two factors: Discipline and Simplicity. And this is what I share with my students. Seeing my students succeed has been one of the most rewarding feelings in the world!
Whether you believe my story or are skeptical, I invite you to watch me trade. You will see with your own eyes that everything I have said is true.
And just as my life has changed, yours can too!