MEMBERSHIP OPTIONS

I must thank you immensely for teaching me how to daytrade. I have been at this about 1 1/4 years, lost a lot of money at another chat room in the first 3 months -- 60% of my capital. Then you began the pit and I have steadily improved. You have taught us how to trade on our own and I realized last week while you were gone and I was still making money that all your efforts were successful. The pit offers camaraderie and many different perspectives so there is constant room for growth. The 'No Hype' policy is a very welcome change. You have provided me with a second career that I really enjoy. I gives me the flexibility to spend time with my 2 and 3 yr old boys whenever I choose. Your dedication to each of us is really something special Thanks so much!

Rho - www.undergroundtrader.com

Here's my story - It's sad but true. I have traded stocks and options for 6 years now. I always did well. I primarily did swing trading and figured that instant level II access would only improve my results. I had no idea how to day trade! I couldn't read a chart, had tremendous capital - a chippie through and through. At any rate, after repeated margin calls, etc., I realized I was in serious financial straits. I buckled down, paper traded, took a chart course, bought every book I could find and took the small capital left and began to make money. I had heard of the Underground Trader and I spent the free week. That week I consistently made 5% a day. I increased my capital and the last two weeks have consistently made 10% of capital (or better!) a day. I have had one losing day in the pit in three weeks. I know this is not a long term experience but I have learned more from you and the other traders in 3 weeks than I could have possibly imagined. Your reminders of discipline are invaluable and I have found small lot scalping to be lucrative, intense and importantly, very little downside risk. At any rate, if for no other reason, I wanted to e-mail you and thank you. Have a terrific vacation and I'll see you in the pit. Warm regards,

Cathy Silver (kt4) - www.undergroundtrader.com

I wanted to thank you and your team for the wonderful service the site has provided to me. After spending the last year and a half trading with very little success, I became frustrated, totally lost my enthusiasm for trading and just wanted to quit. Upon getting your new book and reading it cover-to-cover in one sitting, I signed up for the free trial. In the first hour I knew this was EXACTLY what I was looking for. I could hardly contain my new enthusiasm but I just watched and papertraded for five days and listened to the aftermarket commentary, printed out all the great training materials and spent the weekend reading them all. It’s scary to realize how blindly I was trading just two weeks ago without charts, a system or support group. I have attempted to follow your methods and disciplines and am happy to say I have had 10 straight days of $500-1000. I'm passionate about trading again and so fired up about having a way to make consistent profits. Sincerely,

Tim Sullivan "Sully" - www.undergroundtrader.com

I just wanted to say thank you for your teaching, honesty, and great calls. I've been a member since September, and cannot imagine trying to daytrade without your and the pit's support. I have a little 2 1/2 year old and find the thought of leaving the house to go to a 9-5 job almost unimaginable at this point. I am perusing trading as a full time job now. I lost quite a bit early on due to loose stops, stops at precisely the wrong time, and just general over-trading. But with your and Ral's help, and lots of studying, I have turned the corner and on my way back up. Today was my best day since starting. I ended with +$3200. My daily goal is 300. I caught VRTY for 1 1/2 on 1000s, but the rest was made on 2-400 share orders of mostly your calls + a couple of good shorts on BEOS. I am very excited to be a part of the Underground, and am looking forward to a very good new year. Thank you again, and I wish you and yours a very happy holiday and new year. Also, please have a safe and relaxing vacation. Warm Regards,

David Mutal (davidm) - www.undergroundtrader.com

Jea taught me how to day trade. I lost a ton of money in the past. Needed someone to keep me tuned in to a strategy without getting greedy. Highly recommend his Trading room.

Breakouttrader4581 - www.undergroundtrader.com

I have some good news to share with you.... We spoke in Ontario and I thanked you for not only putting me on the profitable road to trading, but also for making a positive financial lifestyle change in my personal life... Through my consistent daily trading profits from following your methods, my wife and I have been able to pay off the mortgage on our house.. We made the last triple payment yesterday, 8 years earlier than planned... This would not have been possible without your no nonsense approach to trading and the Pit atmosphere... I have been a member of the Pit for over a year.. ( My original nick was TraderDog.. I changed it cause it was too hard to type fast...lol ) Even though I have been trading full time for 3 years, I have never been this profitable for so long. Regardless of the market conditions... Jay, my family and I can't thank you enough.. You should be proud of how you have helped not only traders like me, but our families... Thanks so much...

Reed Donelli - www.undergroundtrader.com

The first day I signed on to the trading pit under a free trial, I made profitable trades following Jay's methods...Profitable enough that first day to more than pay for the trading pit's first month's fee. But more important than making a few bucks was finding a mentor in Jay...Someone who could not just make good calls on momentum stocks, but someone who could instruct me in what precisely to look for in a chart when considering entering a trade. Jay's advice is more than just having another set of eyes on the market, although that too is valuable. His experience, which he's happy to share every day, is priceless in learning how to determine traders' behavior and how to read the market's psychology. In short, Jay's ongoing coaching has made me more than just serious money...Even more importantly, it's made me a better, more self-reliant trader.

rrazman - www.undergroundtrader.com

I have been a member of the pit for about 2 months including the free trial. In that time on a $40,000 account I have made about $25,000 in realized profit. This is ENTIRELY due to your ability to recognize stocks with some momentum potential, or with short term holding potential. Before I found your site I traded like what I have come to know as a chippie. Consistently loosing money and only very occasionally profitably. Your coaching ability is as important as the calls that you make, and I, for one, am exceedingly grateful to you and your team. Jay, enjoy your well-deserved vacation, and have a merry Christmas. With warmest personal regards, I remain, Sincerely yours,

Dan - www.undergroundtrader.com

I am quite new to your site, having only been a member for about a week. However, in that time I literally feel as though several LIFETIMES have transpired, thanks to the sheer volume of "bushiban"-style (intense) learning I have been exposed to. Simply put, IMHO The Pit is God. Well, maybe not God, but close -- certainly a major manifestation. I learned about the Pit via discovering your most recent book a couple of months back, and the rest, as they say, is history. My wife (a native of Taiwan) is learning about daytrading too, and she is a big fan of your book, site, and methods as well. Ral and his techniques have been terrific also. I want to say I think your "Jay After Hours" live session alone is worth the price of the monthly fee. To read your material is one thing, but to have that "in your face" approach which you brandish with such glee (yes, that's a compliment) is essential & invaluable encouragement and support for a novice like myself. I am strictly on paper for now, but I have my basket and I am watching, correlating, analyzing, collating, etc. Thanks for EVERYTHING, Jay, you are truly an amazing person and I wish you and your family the best.

Paul Sakran - www.undergroundtrader.com

The Underground Trading Pit for me has made the difference between quitting and success. I started at the beginning of 1999 with huge losses...Stabled and in a few months was making profits. The Trading Pit for me is not only a place where calls are made but more important a learning tool. The wealth of information is just incredible, from Jay's and Ral's teachings to all the very successful traders giving their insights, opinions and ideas. There is a family atmosphere which lightens the sometimes boring and stressful work of daytrading. I cannot imagine trading without it. Thank you Jay, Ral, and all operators for a class act!

Carlo Lombardo - www.undergroundtrader.com

As a charter member of the Pit I'm happy to provide you with the following: I had prepared a long detailed response to you query re: feedback, however I decided to shorten it for now and to compliment you on what you and your staff have done. Personally I have grown tremendously. I consider myself much improved, and I expect to 'breakout this year'. In 1998 I lost about 430k, in 1999 it has been reduced to just over 188k. I know this is still a lot to lose but it is a considerable improvement. My circumstance places a large handicap on trading which has required a lot of tuning (work in progress), but I am confident the "PIT" will be instrumental in my ultimate mastery of trading. Again, thank you and your staff. God Bless You.

Morgan11 - www.undergroundtrader.com

I'm not too sure how much good my testimonial will be for you, but, here it is 🙂 Most potential traders want to see testimonials of experienced traders making a virtual killing in the market, as proof of what they, themselves, might be capable of. However, the fact that I'm still around to trade is testimonial enough to those who have experienced the wrong associations as a new trader. The combination of enthusiasm, trust, and ignorance, along with the advice from "that other trading desk" relieved me of over $250,000 in a little less than one year. Thankfully, I "re-located" [to Undergroundtrader] and with the expert training provided at the Pit, have managed a slow, but consistent, recovery. Considering the amount of my losses, that is nothing short of amazing! Sincerely,

Elaine Lee (bailey) - www.undergroundtrader.com

Excellent trader and methodology.

Fade Them - www.undergroundtrader.com

Just a quick note to say thank you for all your efforts over the past few months while I have been a member of the pit. It has really inspired confidence in me, and from this confidence I hope to become a full time successful trader in 2000. Without you and the rest of the team, this would not have been possible. I will not be in the pit today, so I'll take this opportunity to wish you and the 'Purple People' a happy and prosperous new year for 2000. Once again, thank you very much,

Steve Cooper - www.undergroundtrader.com

Clarity,High Probability,Sure Success formula of yours are great ! Working live with you gives confidence to nervous traders like me! Kudos to your program! Now I feel I can surely not be worried about what will happen after the Market closes!

SR - www.undergroundtrader.com

I wanted to take a moment to thank you for your help and update you on my progress. So far this year I have made profits of $235,000 (and have taken about 10 weeks vacation). About half of it was from your calls the other half from applying what I have learned from you to my basket stocks. I have made some money writing covered calls but abandoned that approach when the market weakened and entered a number of long term swings. The swings are doing great but I don’t count them as profit until I sell them. I am gaining confidence as a trader and most days it seems like I can easily exceed $2,000 ( I don’t have a daily goal as I believe in taking only what the market can give me). I am improving on taking my stops and have greatly improved my decisions on trades that I should enter (which goes a long way to reduce the number of stops one needs to take.) Most days I do 4 or 5 trades and a busy day for me is 10 trades. I hope that level of activity is normal. I hear of some in the pit that do up to 100 in a day! I have attached an Excel spreadsheet I use to keep track of my trading activity. I have entered dummy trades to illustrate how it works. (Yes I am a retired CFO and have an urge to track pennies) If you like it feel free to give it to traders that may need something like that to keep track of their trades. Just my thoughts on giving something back to the pit. Again, thanks for your help and please keep up the great work!!!

Ralph [a.k.a "the ALBATROSS"] - www.undergroundtrader.com

Joined the Underground about 2 weeks ago. First trade was CSCO @ 75.00. Tried 400 shares & worked beautifully...This was my first full 'active' week with you -- pared my shares way down and ended up +$6,800. Was thrilled with a crappy market and all 🙂 I've been position trading for about 18 months and do just fine; however, your system is the first I've come across that puts the nuts & bolts together superbly. I'm not a scalper by nature but the swings have worked very well for me. I hooked up Qcharts, watch the ndoos all day long with you and have learned a ton in 10 days. The best part is that I can now actively trade during the cruddy and sideways markets that I needed to sit out between market cycles in the past. And, of course, being difficult to stay out at times, I would try and trade some and get burned. Ordered RAL's new manual, have everything going and wanted to tell you all what a terrific job you do. The teaching is wonderful and it really shines through that you love it. Also want to say what a pleasure the pit is all day long -- NOT a bunch of idiots saying stupid things all day long! A rather intelligent group that works pretty well together and led by a great, supportive teacher.... Thankfully,

AKA Joanne Giardini - www.undergroundtrader.com

I want to thank you and Ral for continuously pounding the training into our heads at the pit. The proverbial "Light bulb" went off in my head this week. I'm still a little cautious though because I have thought this in the past and it turned out that the light was just starting to flicker but it has never felt like this before. You truly are a unique individual with tremendous skills in so many areas. I am truly thankful for the day you started the pit which by the way was my birthday. A good omen for sure. Thanks again and I'll see you in the Pit,

Jay Turner AKA - shimjun - www.undergroundtrader.com

Without the Pit I would have been out of the game long ago. You've taught me what to look for and consequently my trading has improved greatly! How does the saying go? "You've taught me how to fish" - now I can confidently locate and make good trades on my own. Thanks again and look forward to a great New Year!

Steve Brandt (farsouth) - www.undergroundtrader.com

My trading has become disciplined and moving toward controlled emotion since trading with the underground. Before becoming a Jay Trader my success was not shabby; however, after applying the tools of trading my portfolios have at least doubled and some have multipled 4 or 5 times. A few of my trading friends are appalled at the idea of a pit leader and favor the more traditional investment approach. However, the bottom line keeps me here. Even when I get into a trade that goes against me, I know what I have to do. Before trading here, I would stay in positions until the value was embarrassing and I resorted to message boards for the strength to stay while praying for recovery. The one area I still need to work on is realistic goal setting - my goals are still too low. To Jay I salute you for your little lectures to remind us this is our chosen profession.

Roofus - www.undergroundtrader.com