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Comments on "Market Picks", and Approach

 

This represents the thoughts from those that have tried and used the method of trading from, as we know him on the forum, USCoralSea.

Coral (Mike) was asking me if he should publish some of the comments that have come to him from those that have used his approach to the market.

After reading through them thoughts came to mind of all the testimony we have read on websites about a preson or service that are clearly made to promote the person or service. The difference is impressive. Here are people expressing their graditude, and most are folks just like you and me. So rather than say use this one over an other I placed them on one Webpage, and that will give those interested in Coral's approach to the market can decide for themselves which they prefer to read.

You can reach Coral: USCORALSEA@aol.com

Me? I think they are all good.



Subj: Re: Market Pick, What You think?
Date: 10/1/00 9:21:30 AM EST
From:
To: USCORALSEA

I have read the course but have not began trading again. I was one of the many that use to trade using Ken Roberts method and lose money. It seems you have the answer to trading but I am winding down a business in the next three years and I am going to use your methods to trade at home.


Subj: Re: Market Pick, What You think?
Date: 10/1/00 9:04:42 AM EST
From:
To: USCORALSEA

Mike--a little feedback---overall I think your appproach to trading is excellent as it is a grind it out approach with a reasonable risk and a potential for a big winner--the only problem I have is one I am sure is common among traders--patience and discipline to stick to the trade and not "fine tune" it-------Dave


Subj: Re: Market Pick, What You think?
Date: 10/1/00 2:22:04 PM EST
From:
To: USCORALSEA

I enjoy you updates. I have learned a lot from your information. I usually try Paper trading on your recommendations. This allows me to participate and learn, where I would other wise not be able to. So, Thank you and please keep up the good work.

(I try to follow the Lumber and Grains the most.)

Brad


Subj: Re: Market Pick, What You think?
Date: 10/1/00 8:34:09 PM EST
From:
To: USCORALSEA@aol.com

Just this short note to thank you for sending the emails as you do....I am not a student of yours, and I am not trading the commodities at this time, however, I enjoy watching your trades and seeing your profitability each month.....keep up the good work.....

We are currently trading a few options in the securities...as soon as we make some $$$$ we intend to take your course..... your track record is right on course where we want to be....we started out thinking we would trade commodities, then go side tracked with stock options...it has taken me about 9 months to get a feel for trading....there are so many stocks and who knows where the stock will be in the future....I m better at short term trading....but we've piled all our available cash into the stock option thing and need to follow through with that at least for now.....

so thank you for keeping me on your email list....hopefully we will start seeing a profit in the very near future....

Good trading to you, my friend,

Sheila Dale


Subj: YOUR COURSE
Date: 10/1/00 9:42:21 PM EST
From:
To: USCORALSEA

Hello,

I have been enjoying your daily market picks for just about a year now. I just want to take the opportunity to thank you for your efforts. Your recommendations are very insightful and I think I would like to seriously consider getting your course. I have traded futures in the past unsuccessfully for the most part. Mostly by my dumb mistakes and by listening to full service brokers who never gave a s*#t whether I mj DE'v ,.made a dime or not. I know people trade futures every day and make money for the most part. I have a strong desire to learn this method and need to supplement my income. I have a retail business in a shopping mall that is literally sucking the life out of me, not to mention the crazy overhead and downright obscene taxation that I am enduring on a daily basis.

If you would let me know what your course will cost me, and how to go about getting it. Thanks again.,

Jeff Cloud


Subj: Re: Market Pick, What You think?
Date: 10/1/00 9:45:22 PM EST
From:
To: USCORALSEA

I APPRECIATE YOUR E-MAILS...I LOST MY CASE....A--........I AM TRADING STOCKS NOW, AND DOING WELL. I STILL MIGHT JUMP BACK TO FUTURES IF I FEEL COMFORTABLE WITH THEM......I APPRECIATE YOUR INSIGHT

AL PENTON
thank you again


Subj: RE: Market Pick, What You think?
Date: 10/1/00 10:09:45 PM EST
From:
To: USCORALSEA@aol.com

REPLY:

I will be communicating with you later on your program.

Thanks.

Subj: Re: Market Pick, What You think?
Date: 10/1/00 10:36:01 PM EST
From:
To: USCORALSEA

I am thinking feeder cattle it has made some nice moves recently but I think it will still drop into the 80.00-75.00 Thanks for the picks. Please send me information on how I can order your course, I need help as I believe your trading course will turn my account around to the winning side.

matt

Subj: Re: Market Pick, What You think?
Date: 10/2/00 10:26:08 AM EST
From:
To: USCORALSEA@aol.com

Mike, I find the reccs helpful and useful. My only porblem is that because of risk capital restraints, I cannot actually trade all of your Market Picks. Inevitably, I seem to miss the big winners. How can this be? It's beyond coincidence. JC (I took your course, as you should recall.)


Subj: Re: Market Pick, What You think?
Date: 10/2/00 12:31:36 PM EST
From:
To: USCORALSEA

Its been remarkably good for me - it gives me varying opinions on trades that I consider.

thanks


Subj: Re: Market Pick, What I think?
Date: 10/3/00 0:45:07 AM EST
From:
To: USCORALSEA

I AM PAPERTRADING AND THIS SITE HELPS ME TO JUDGE WHAT I WOULD HAVE DONE IN THE MARKETS TO WHAT I SHOULD HAVE DONE TO BE PROFITABLE. I GET TO LEARN FROM MISTAKES THAT I WOULD HAVE MADE WITH REAL MONEY. THANKS.


Subj: Re: Market Pick, What You think?
Date: 10/3/00 7:20:18 PM EST
From:
To: USCORALSEA

I have been receiving your market pick e-mails, I have this program gecko chart book 2000. I have been paper trading with the simulator using your picks, and I have to say your recommendations have been doing good, keep up the good work.

Jesse.

PS. I would like some info on your course you offer.


Subj: Re: Market Pick 10/03 B/Pound
Date: 10/4/00 2:53:12 PM EST
From:
To: USCORALSEA

hey mike,

please send me ordering info as soon as possible. also is there any way form me to expedite payment to you? thanks

ramon


Subj: Re: Reply - Market Pick 10/04 Copper
Date: 10/5/00 12:41:59 PM EST
From:
To: USCORALSEA@aol.com

Mike,


I would like to know how much your course is?

I'm not trading at this time but plan on starting again in a few months. I use to day trade the Mini S&P. I'm still a beginning trader. I'm going to start with $5,000.00. I know that $10,000.00 is what I should start with but I don't have that much to risk.

Do I need DTN service if I'm going to be trading on a part-time basis? If I use the service I will definitely use your name.

I look forward to hearing from you. Thank you very much.

Regards,

Bob Thompson


Subj: Re: Market Pick, What Do You Think / What you said
Date: 10/8/00 10:14:53 PM EST
From:
To: USCORALSEA

I like recieving your picks. We often are watching the same markets and I agree with many of your strategies, but not all. I started about 3 years ago w/ Ken Roberts and lost $, but I credit him for introducing the markets to me and getting me excited about them. Its taken me about 3 years to learn discipline and risk management. I am up about 300% in the last 4 weeks. I finally caught some big moves. Send me info about your course. My account size wont let me trade as much as you but I am excited to have my first $10,000 profit month. Keep those picks comming.

Josh


Subj: Re: Market Pick, What You think?
Date: 10/7/00 11:36:53 AM EST
From:
To: USCORALSEA

Mike

I think you are the greatest. You rank as the only real guru out there in my opinion. Do you actually trade these markets yourself? Keep up the good work.

Aubrey


Subj: Re: Market Pick 10/20 Soybean Meal
Date: 10/21/00 9:00:49 AM EST
From:
To: USCORALSEA

Hi,

I have really enjoyed your market letters. I'm planning to order your course soon when I get some things straightened out. Can you email me the cost and ordering details?

Also, there used to be a futures related market discussion board on AOL, but since they created the new personal finance section, I can't find it any more. Do you know where it went, and how to access it?

Thanks again for your insight!

TJ


Subj: Re: Market Pick 10/31 October Monthly Summary
Date: 10/31/00 2:26:14 PM EST
From:
To: USCORALSEA

i'm impressed...proud to know you...thanks much...jerry k


Subj: Way to GO MIKE!!!
Date: 10/31/00 3:46:29 PM EST
From:
To: USCORALSEA

Mike,

Darn man you simply impress me every month!!! I am working through your system diligently understanding your trading methods...it's starting to clear the mud...lol.

Anyway...can I ask you a personal question...your returns...what balance is that tied to...looks like at least $25K...to do your system properly...thanks in advance for any information you are willing to share.

David


Subj: Re: Market Pick 11/14 Corn and my trading strategies?
Date: 11/15/00 12:45:36 PM EST
From:
To: USCORALSEA

You are absolutely correct on corn. I sold two options when the corn reached the 38% retracement, but I felt that corn would go up. Your strategies are very sound.


Subj: The Course
Date: 11/17/00 3:58:47 PM EST
From:
To: USCoralSea@aol.com

Mike,

I have the usual tale of woe as last year, after taking two trading courses and spending hundreds of dollars on software, data service, and market research, I still managed to lose about 15 grand. I stopped trading in May to rest my frazzled emotions and I would like to start over again soon. I do not want to keep doing what I did the first time and I have been receiving your emails and watching the results with great interest. I want to find out more about your course. Please send the phone number and any additional information I require.

Thanks,

Barry Westervelt


<< Subj: 1 Question Sir >>
Date: 12/3/00 8:23:04 PM EST
From: afj@sfcm.edu (Alden Jenks)
To: USCORALSEA@aol.com

Mike,

I am very impressed by your results. My one question is, when you report your closed positions, is the date you give the date you entered the transaction or the date you exited it? I'm trying to get a handle on your way of gauging a good time to get out.

Thanks!

Alden Jenks


Subj: RE: Market Pick, Special Merry Christmas Course Offer
Date: 12/19/00 3:58:07 PM EST
From:
To: USCORALSEA@aol.com

Hi Mike. Thanks for the season's greetings. My trading has been on the profitable side. Not big money but some good pocket change. I've been going through a divorce after a year and a half of voluntary separation. It's been amicable but very emotionally draining. The smoke is clearing though and I'll be back in the swing of things.

Although I did win a world karate championship in Paris this past July. I'm still competing but, I'm retiring next year. It's been a good vehicle to vent my frustrations.

My Dad passed away 3 days before Thanksgiving. So you see, it's been a real roller coaster ride for me this year.

Thanks for allowing me to be a recipient of Market Pick. It's the best trading investment I've ever made. Once again, Merry Christmas and a Happy New Year to you and yours.

Bye for now,

LeRoi


Subj: Re: Market Pick 12/27 I Need Information / Special Course Price !
Date: 1/2/01 8:28:59 PM EST
From:
To: USCORALSEA

Mike.

I would like to take your course, and was wondering if you take credit cards, for connivance and speed, but if not I will go through the snail mail and I will send you a check.

Thank you,

Jesse Davis.

PS I have been receiving your e-mails, and have been following the markets on your recommendations, and you have a high accuracy. They say proof is in the pudding, and you have the proof. This is why I will take your course. I tried the Ken Roberts course and lost money, I have tried a few other course's and well you know the story, I have been studying the markets, reading what I can on the business, going to different web pages and getting all the free stuff on the business I can, I don't even remember how I came about your e-mails, but I can say its the best thing I have come across so far.

Thank you again.

Jesse

PPS I live in MI, ( EST) and was wondering if I wanted to call you just to talk about the markets, what would be a good time, I work at a ( J.O.B.) right now from 7:30am-5:00pm EST


Subj: Re: Hi Mike
Date: 3/16/01 2:35:12 PM EST
From:
To: USCORALSEA

Mike,

Thanks .. I definitely appreciate all your hard work. It is starting to payoff for me ... but I am still not totally confident in myself ... but I am almost there now. Things start to make sense I guess the more you keep doing them.

Nice Cocoa and Gold trade ... btw.

David


Subj: D.T.N.....
Date: 5/29/01 3:30:35 PM EST
From:
To: USCORALSEA

Hey Mike, hope all is well @ your home front. You should be getting something from DTN because i sign-up with them today!! When you get a chance, give Maryann a call and confirm..... My last 6 trades have been winners, and it looks like I got my MOJO back.LOL. Enjoy your days off from the trading business and will be talk'en to you next week sometime......

Al


Subj: course
Date: 8/14/01 10:49:15 PM EST
From: James
To: USCORALSEA@aol.com

I really like your course and thank you for discounting so I could take it,what goes around comes around, sir.

I trade the 1,2,3, but don't have the system that you do, to make it work (love it). I have read the first 6 pages,and now going to read again and again, I will make notes to get with you about questions that I don 't understand, so far I am with you and understand the reasoning and agree with you totally.

I have never been nervous about too much, as I use to be in gambling for 25 years and played a lot of poker, know when to hold'em and when to fold'em, don't bother me to have losses that's part of any business, but with your method cost management is good, I think discipline is going to by my worse enemy,until I adhere to the program completely, of course,one must have some common sense about this. If this gets any better, wow.Sorry about taking up your time.

You will have to excuse me for rambling on, but don't know how to say this but this is what I have been looking for. TY,TY,TY. Jim


Subj: course
Date: 9/30/01 11:09 PM EST
From: DJnodak
To: USCORALSEA@aol.com

You are right firedog. It is outstanding. I am not a subscriber but I watch him constantly put his hooties on the line & post his trades. No hype, no magic, no spam!

Just good solid trades.

Congratulations USCoralSea

Later:DJ


Subj: Re:market pick
Date: 12/23/01 9:12:23 AM EST
From:
To: USCORALSEA

I was wondering if you are still doing your market pick? I would like to subscribe if you are Mike. I watched it for a couple of years and you seem to be the best that I have found. Thanks.

Allen


From: Aub.
To: USCORALSEA@aol.com
Sent from the Internet (Details)

Finally making money Mike (after many years of losses). Thanks to you. It is amazing. It is hard to believe the change.

I follow all your bean trades. I started to do the wheat trade you recommended, but was a little nervous about that one. That was a great call you made on the beans that we caught last month.

I am thinking about following you on the T Bond trades in about another month. I'll paper trade for about a month first, then do one contract.

Keep up the good work. Hope you and your family had a good Easter

Your pal

Aub


Subj: RE: Market Pick / For June 2002 Reports
Date: 5/29/02 9:03:38 AM Mountain Daylight Time
From:
To: USCORALSEA@aol.com
Sent from the Internet (Details)

Yes, I did make money from a few markets you called. I made money on Soybeans last week. I re-entered again yesterday, on your recommendation, but I know beans have been selling off on Tuesdays for the last few weeks. I expect hold this position even if it breaks down below the 9-Day MA. I am also long the Swiss Franc yesterday on your recommendation. I went long Gold yesterday as well, which is up I believe. I am long the C$ from over a week ago, based on your recommendation. That is way up.

I tried to do the S&P credit spread for the last couple months, but have not had much luck in getting it executed. I think I will be able to participate next month. I have missed some of the Bond trades that I liked recently.

Actually, I have been watching your trades for several years. Most of the time I thought I understood what you were doing, but you always traded different markets than I. Later on I realized that I really did not understand.

I am practicing risk control and money management, because I have a very small account. I tell my wife and friends about you all the time. They are all amazed by your monthly performance. Even the months that are not as big, seem to gain their respect; because you are not afraid to publish things the way they are. I am really hoping to follow all the trades soon. That is my goal.

That is why I keep saying "Keep up the good work" :)


Hi Mike

I did take your bean numbers and I am doing well. Thanks!!! :) I knew you were watching. I told my wife about the commentary on CBOT stating beans were going the other way. I know my mom was convinced by the CBOT commentary, but I told her that I was following your trade. She did not mention anything to me and I found out late that she decided to do the same.

I also tried to dabble in the mini Dow today, but not much success.

Thanks for the great trade. I needed it :)

Thanks Mike. I received it tonight. Didn't know how long the snail mail would take. My trading is going good. I'm up about 40% in my account. Still learning. I wanted to make sure I entered the bonds at the right point. That market can be brutal.

Take care and have a great fall. The leaves are starting to turn here. I love fall, the cooler days. It seems each season is special in its own way. When I look at all the devastation in New Orleans, I think how lucky I am to live where I live.
Happy Trading Mike

Connie H


6/14/2006 6:11:54 A.M. Central Daylight Time
From: Edgar
Reply To:
To: USCORALSEA@aol.com

I am gaining confidence with your system mainly studying charts and looking for trends and 2,3 patterns. I have made some profits the last two days trading the channel that CD6M and CD6U is currently in by riding it up and then down. I am beginning to understand what you mean when you say the "charts will tell you" and not worrying about why something happens. I am sure I will get better. I also am learning to accept that losses occur as well as profits and you keep the losses small. I have spent many dollars over the last 15 years buying systems but you have given me the best deal and the most straightforward approach to trading. Inclosed is a post I made about your trading course on a trading forum. Thank you again.

Edgar

Posted comments on a trading forum:

I read all these posts and for over 15 years I tried all the complicated systems and software from Trading Station to Elliot wave and others I don't even remember, all at great cost. As I near age 60 I decided to try one more system and luckily it was Coral's. His system is so simple and I can see why it works. What moves these markets depends a lot on what I like to think of as the " herd mentality" with everybody trying to figure out "why" and reacting. Hurricane in the Gulf so OJ must go up. Wrong.

His approach is so simple and it is so wonderful to not agonize over "why". I spend about 30 minutes a day reading charts in my Metastock software and make my trades. The success is amazing but the more I do it the more I realize just how simple it can be. Most people like myself think it can't be that simple but clearly it is if you study the charts. I don't win them all but in two weeks of following his chart reading advice it is obvious to me you can make money at trading commodities. The famous K.I.S.S principle works, So if you have figured out how to make money already go for it. If you are looking for some help which is not too complicated try Coral. I am an MD and that only means I have done lots of studying. The chart readers have a "map" which if followed unlocks the secret to the 'mass psychology" driving these markets. This is not a paid advertisement and I don't know Coral from the man in the moon, nor have I ever spoken to him. I think I have found a foundation to build some retirement income and I look forward to getting even better at it. Have a good weekend.

Edgar


Best Wishes on a Successful Stress Free Life.

 

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