Trading Coach Profile: Will Feibel

When you’re taking advice and direction from a more
advanced trader, you’ve got to know who that expert is
(and mostly, what makes him an expert!).

Meet our Coach, Will Feibel.

Hi Will, thanks for sitting down with us today. Let’s
kick this off with some basic Q&A…

Firstly, what do you trade (market/timeframes)?

I trade futures, specifically the 144 tick TY (10 year
treasury notes) and the 89 tick S (soybeans). I’ve
also traded the Dow, S&P, Nasdaq, and Russell 2000
eminis in the past. At this point I’m considering
adding the TF (Russell 2000 emini) to my trade plan.

Ok, great. And where are you from? Where do you
currently live?

I’m German, grew up mostly in South America, and have
lived in the US since my freshman year in college. I
live in Princeton, New Jersey and have resided in this
area for the past quarter century or 25 years,
whichever sounds lower.

Why did you become a trader?
[wpsociallock title=”Click here to read the full story.”]
I started trading stocks a little over ten years ago,
swing trading using the CAN SLIM strategy popularized
by Investor’s Business Daily. I was laid off from my
banking job a few years later and decided to give full
time trading a shot. The idea of working from home
appealed to me, and trading is a business that
requires relatively small upfront investment and low
operating costs. I consider myself a fortunate man
because this decision allowed me to be with my
children as they grew up, instead of stuck on a late
commuter train from New York City.

How did you become a NetPicks coach? What inspired you
to get involved?

I was a customer of NetPicks’ previous release, the
UTM (Ultimate Trading Machine). Th is was my
introduction to futures and day trading. I jumped on
the Universal Market Trader (UMT) as soon as it was
released because I’d been happy with the UTM’s
performance and had a great deal of respect for the
NetPicks team. I felt they were upfront with us
customers and committed to our success. We old timers
became very active in the UMT members’ forum,
discussing setups, backtests and performance. It was
through the forums that I got to know Troy Noonan and
Mike Rykse. As time went on a core of us devoted alot
of time to helping newer members through the forums.
Later on Brian started his semi weekly online live
training room and we all migrated to that. I felt I
had alot to contribute to the membership because of my
experience with the system, and once Troy became
active with the Net- Picks team he suggested to Brian
that I become a coach for the mentorship program. I
jumped at the opportunity. I enjoy working with people
and get a great deal of satisfaction from helping
others succeed in trading, that’s why I’m thrilled to
be a NetPicks mentor and coach. Finally, I have great
respect for everyone involved with the NetPicks
systems, starting with Brian and Mark, the coaches,
Cheryl, everyone. They are all committed to the system
and to the membership.

Why do you like the NetPicks systems (HVMM, UST, UMT)?

Because it works. I’ve traded it on several
instruments and backtested it on more, and with rare
exceptions the system has shown robust performance. It
seems no matter where I apply it, I always get 60% to
65% win rates and equity curves that sawtooth from the
bottom left to the top right of the chart. Like any
system it has its drawdowns, it’s not the holy grail,
but for something so simple and straightforward it is
remarkably successful.

How many other courses, strategies, etc. did you try
before you found what works for you?

Not many really. The only other system I followed
seriously was the CAN SLIM as stated earlier. Other
than that I’d sub- scribed to several online trading
sites but none of them had anything as powerful,
flexible and robust as the NetPicks systems.

What are the top benefits you think members have
gotten from the mentor classes and/or live training
rooms? Why do you think the mentor class is so
successful?

The mentorship programs helps students gain confidence
in the system and in themselves. Th rough a
combination of backtesting and both group and
one-on-one instruction they learn the three key
elements to trading success: a methodology, effective
money management, and mental discipline. You need all
three to succeed in trading and I believe that we
deliver that through the mentorship program. I should
add, if the student puts his time and effort into it.
The daily live training further reinforces what
students learn in the mentorship program, and I feel
that the mentorship students get more out of the live
training than those members who haven’t participated
in it. They experience first- hand and in real-time
the principles that they learned, they see how
experienced traders put the NetPicks systems into
action every day, they learn the subtleties of our
money management techniques, and perhaps more
importantly they witness the moderators’ mental
attitude and discipline once they’ve entered a trade,
whether that trade results in a win or a loss. And
it’s that mental attitude and discipline that will, in
the end, make or break a new trader.

Is there anything else you’d like to share with
traders that are considering the UST, HVMM or another
NetPicks system?

Yes. First of all, it is not the holy grail. Every
trade is not a winner and there will be drawdown
periods. Second, do not expect to start with a $5,000
account and make a million in six months, or $10,000 a
month right off the bat. What the system will do for
the committed trader is allow him or her to gradually
build their account, and as the account grows they can
increase the number of contracts and/or instruments
they trade until they eventually build their account
to a size that makes full-time trading possible.You can look for the                                                                                                                                             best value stocks to invest in long term. The system is incredibly flexible and robust, and has the
best support I’ve seen anywhere in this business.

Will is just one of the many qualified Coaches on the
NetPicks staff. He’s available to answer any of your
questions and is here to help you along on your
journey to trading success.



Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.