About Greg Capra – The Pristine Method – Pristine Trading

 

Greg Capra founded Pristine Trading and is the creator of The Pristine Method of trading and investing.  He was President and CEO of Pristine Trading for over 22 years and is known as a pioneer of the online trading and investing industry.

From his early years of self-education, he created The Pristine Method of education, trading and investing.

In the late 1980s, he immersed himself into learning what moved the markets – and why.  Through what was mostly trial and error at the time, Mr. Capra realized that the widely accepted indicator-based mythology of technical analysis, which is still taught by the majority of education firms today, simply did not work.

Mr. Capra realized that trying to determine the direction of prices from a derivative of the actual prices (indicators) made no sense.  His approach to the markets is based on technical analysis, rather than a fundamental based one.

However, he uses what he calls a “Techno-Fundamental” one that combines Market Internals, Inter-market Analysis and Technical Analysis.

Mr. Capra has taught and consulted for money managers, institutional traders, specialists, market makers and proprietary traders. There are also a growing number of Greg’s students that own education firms or work for one.

Here is a just a partial list of Companies that you have likely heard of, but were unaware they are Mr.Capra’s students.

  • Online Trading Academy (OTA)
  • Ingresarios Trading
  • Affinity Trading
  • Fierce Trading
  • Live Traders
  • Major League Trading
  • Revolutionary Trading
  • T3 Live –  “As a young trader and pristine student in the late 90’s, Pristine’s education provided me with many of the core principles that I still employ in my trading today. We are excited to offer this high quality training to our loyal traders and our customer base.”Scott Redler – Chief Strategic Officer of T3 Live, LLC.
  • Gap Edge Trading
  • Title Trading

Many students attribute the knowledge they acquired under Greg’s tutelage as a main reason for their success. A true testament to Mr. Capra’s teaching and his method that they use to teach.

Mr. Capra has won numerous real-money, real-time trading challenges using his Pristine Method. McGraw-Hill Publishing and Wiley Publishing each commissioned Greg to author several books and DVDs on the subject of technical trading and investing.

Greg Capra – The Pristine Day Trader

In 1995, the first FAX trading letter was sent – The Pristine Day Trader . The letter provided market direction, stock trades and education. The first and only subscriber at the time was a stockbroker, Mr. Capra’s.

Through small advertising efforts and mostly word-of-mouth Mr. Capra grew Pristine Trading.

The Pristine Day Trader letter became the most widely followed educational, stock selection letter with the development of the first website.

Greg Capra – Trading the Pristine Method

Readers of The Pristine Day Trader letter asked for more education. As a result, Trading the Pristine Method (TPM) seminar was created in 1995 – 1996. After 22-years, some of this information has become dated as markets have changed considerably, but the foundational material is not.

Like any profession, education of technical chart based trading and investing has several levels of advancement of that education.

The Pristine Method part 2 – Advanced Technical Strategies

The second level of education Greg created was Trading the Pristine Method part 2 or TPM2.

TPM2 was renamed Advanced Technical Strategies or ATS to provide a more detailed title of its content.

This advanced class detailed an in-depth understanding of price movement. The how, where and why stock market prices move as they do.

Mr. Capra created the technical analysis concepts, Tradable Void, Breakout Bar Failure (BBF), Shakeout (SO), Creating Support or Resistance, Bar by Bar Analysis, The 3-Bar Rule, The Pristine Buy Setup (PBS), The Pristine Sell Setup (PSS), Climatic Buy Setup (CBS), Climactic Sell Setup (CSS), How to Trade Pattern Failures and others.

Advance Management Strategies (AMS) taught Money management and position management of The Pristine Method. Professional day traders, swing traders, institutional traders and investors use AMS to maximize gains.

Advance Gap Strategies (AGS ) taught day traders how to generate income from the markets in the first hour or two of trading. Traders learn to buy or short stocks that have gaped at the open of trading with an objective, systematic approach. The Majority of educational firms that teach gap trading have taken AGS or base a class they teach on Mr Capra’s Gap class

Classes based on the Method were also created to trade Index Futures, the Forex market and for the Professional Proprietary or Prop traders.

Greg Capra – Pristine – MasterTrader

After ending Pristine, Mr. Capra partnered with Dan Gibby to create MasterTrader.

Many large changes in the markets have occurred over the last 25 years. The T3 Method or concept of Trading-Training and Technology that Mr.Capra taught since the late 90s have changed too.

Mr. Capra saw the need for updates and changes to his method to better aligned it with current times to create Master Traders.

Master Trader Trained Traders successfully apply the Updated Method Mr. Capra developed to all three time frames:

  • Trading for Daily Income
  • Swing Trading (2-5 day holding period)
  • Core Trading (holding period greater than 5 days)
  • Options Trading and Investing for Income and Wealth

Below is Greg Capra at the first ever Traders’ Expo that occurred in 1999.

Those attending that inaugural expo learned about his T3 concept of Trading – Training – Technology to invest and trade in the Markets.  Mr. Capra’s concepts and method are often Imitated – but Never Matched

Please enjoy and learn from the posts here. E-mail Greg your comments or questions and of course share this site with friends.

Greg Capra
greg@mastertrader.com