RULES & Terms of Service: You must read and agree to these before ordering. Violation of any will result in termination of your membership/subscription:

Per CFTC / SEC regulations:

+ Do not make live trades; all information is for papertrading use only.
+ We do not provide individual trading advice nor do we make trading recommendations of any kind.
+ Alerts are not buy/sell signals; they are published as impersonal, general educational content only to illustrate chart patterns.
+ We do not make any performance nor profitability claims of any kind.
+ This is not an advisory service, it is an educational content service.
+ This presentation is for educational purposes only and the opinions expressed are those of the presenter only.
+ All services & courses sold separately; live room membership does not include access to our other services or courses.


1. You agree to not make actual trades based on the information presented, as all information is for educational / information use only (per regulatory requirements). No posting nor emails about real-money trading is allowed (or implied real-money trading); doing so is grounds for instant termination.
2. You will keep all information completely private for your own personal use only
3. All plans are recurring subscriptions.
4. No posting chat about your specific stops or wins; all info is for educational use only.
5. No refunds nor prorated/partial refunds are offered; all sales final.
6. There is no “parking” nor putting memberships on hold allowed (eg while you travel, or for any other reason); like a cable tv subscription your membership is continuous, whether or not you login every session. Do not contact us asking to put time on ‘hold’.
7. Limit 3 brief posts per trader per session (or rare/occasional general questions). This is an alerts service, not interactive coaching and training (my premium courses offer that). This is for listening to live-market commentary and alerts with Ken, so that you can watch and learn how to trade; do not ask about tickers not being covered. This live room is a daily alert service designed to have me scan for and narrate entry/exit educational alerts. I cannot answer individual advice-related questions; all Q&A must be limited to general questions related to general impersonal topics I’ve already posted about. I do not give individual advice related to trading, per regulatory requirenments.
8. You agree to maintain a positive, professional tone when in the room.
9. You have read the FAQ/help page in its entirety and understand/agree with what’s there. Most commonly asked questions and answers are there (updated regularly).
10. Use the support ticket system not email to contact us.
11. Maximum one login per trader; no duplicate/double logins allowed. If we see multiple logins we reserve the right to terminate your membership immediately.
12. Maintain a professional demeanor in the room.
13. No joining, leaving, and re-subscribing a short time later. If you join and quit after a few months, you must wait a minimum of six (6) months prior to re-enrolling. We do not want added administrative paperwork from indecisive traders who go back and forth with memberships. For example if you join in June, then quit in October, you can’t rejoin until the following (October + 6 months) = April of the following year.
14. No sending in personal trading questions via email/support ticket. Due to the volume of email I get, I do not have time to answer individual questions; save occasional questions for the live room sessions.
15. Before joining, you agree to test out gotowebinar first, either at one of my free live
Saturday “Trading Week Ahead” webinars, or others, to make sure gotowebinar works on your computer. You agree to contact gotowebinar‘s tech support (not me personally) if you have any technical support questions.
16. Do not unsubscribe from my main email list, unless you do not want to receive updates and live room access information. If you click ‘unsubscribe’ or ‘do not contact’ for any of my emails, it removes you from my email system (by law, due to can-spam compliance regulations). You can still contact me via support ticket at least 24 hours prior to any live room session if you need to get access, however, as an alternative.
17. Allow a minimum of 24 hours after you place your order, to get your live room access information email. Do not join the hour before the market opens Tuesday and expect an instant email within a couple of hours with your access, for example. If 24 hours have elapsed after the time you ordered and you don’t see your welcome email, check your spam and trash email folders. If you still don’t see it, contact us with your full name at least 24 hours prior to any session you don’t have access for and we’ll re-send it to you.
18. Failure to follow the rules is grounds for immediate termination of your membership.  Limit login for live room sessions to 1 single computer per session, limit posts to 3 per session maximum, and contact gotowebinar’s tech support not us for webinar-related technical support issues.
19. In the event that Ken has to be absent from running the room on rare occasion (estimated to be no more than 2-3 weeks each year) due to travel, technical issues or other reasons we will temporarily suspend the room and will extend your access time by an equivalent number of days upon our return. So if for example you are a member who joined in February and we need to travel during one week in November (eg to speak at a Traders’ Expo, or for other reasons) we will extend your trading room access time by a week upon our return.
20. To cancel:  One big advantage to Paypal subscriptions like this is that you can login to your Paypal account and cancel anytime yourself, without needing to contact me (though if you wish for me to do that for you, use the support tab at bottom left of the site or click here, at least 24 hours before your renewal date.) Note you cannot cancel by just unsubscribing from webinars in gotowebinar emails; you must send in a support ticket (or cancel yourself if you use paypal).  Unlike some others out there, we make it simple to cancel without any hassle.  How to cancel a subscription in Paypal.
21. If you request a refund during your 30-day trial, your access to the member area & webinars will be terminated within 24 hours of your refund request, since you cancelled/refunded it.

Disclaimer: Site visitors are advised that all trading is a highly speculative activity and that average customer/trader results are that all traders will incur some trading losses, regardless of the training they may receive. No profitability nor performance claims of any kind are being made. None of the information presented constitutes a recommendation of Trading the Open to buy, sell or hold any security, financial product or instrument discussed or to engage in any specific investment strategy. Active trading is not suitable for most people and entails significant risk of loss of capital. All information provided herein is for informational purposes only. We are not an investment advisor, financial planner or registered broker. We provide educational services for active traders. You accept all liability resulting from your trading decisions. Active trading is a speculative, high risk activity. No offers to buy nor sell any security are being made on this site. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site and no overall nor specific performance nor profitability claims of any kind are being made, nor should be inferred. Trading involves high risks and you can lose a lot of money. All information is for educational use only, no actual trades are being taken by presenter(s) nor should be taken by participants. Commission Rule 4.41(b)(1)(I) hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE IS RISK OF LOSS IN ALL TRADING. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. ALL RESULTS ARE HYPOTHETICAL. NO IMPLICATION IF BEING MADE THAT ANYONE UTILIZING ANY OF THE SERVICES OF THIS SITE HAS OR CAN OBTAIN SUCH PROFITS AND RESULTS. THIS INFORMATION IS NOT A RECOMMENDATION TO BUY OR SELL AT THIS TIME, BUT MERELY A PRESENTATION OF TRADES STRATEGIES. THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FROM SOURCES BELIEVED RELIABLE, BUT IS NOT GUARANTEED AS TO ACCURACY, COMPLETENESS OR SUITABILITY FOR ANY INDIVIDUAL. This information is not a recommendation or solicitation to buy or sell any securities. All sales are final for all products and services sold and no refunds are offered. Subscribers to our services, and customers of our products, do not receive investment reporting, investment supervisory or investment management services, nor the ongoing review or monitoring of the subscriber’s individual investment portfolio. By posting your comment here you hereby agree to give me permission to reprint it here on the site. By posting your comment you give us permission to reprint it on the site here as shown above. By posting commentary in the room, you agree this is your own original content and has not been adapted nor copied from any other source. You agree that all comments and/or posting become the property of and you make such commentary/posting with no renumeration nor compensation of any kind. Traders agree to not make actual trades based on the information contained herein, since all content is published for educational use only, and is not to be construed as trading recommendations nor advice. No individual advice nor trading management services of any kind are provided, therefore no member nor subscriber should assume that their participation in the services provided herein serves, nor is suitable as, a substitute for ongoing individual personalized investment advice from an investment professional chosen by the member/subscriber. Trading the Open and Ken Calhoun do not accept any reponsibility or liability for individual participants’ actions, uses or applications of information provided, and participants indemnify us from any such liability. You agree to keep all information provided completely confidential, for your own private use only and to not ever redistribute nor otherwise make this content available to any other person via any means. Personal noncommercial use only. Site visitors, email subscribers and customers hereby agree to all terms found in our complete disclaimer, terms of use and privacy policy pages. Daytrading University and its’ subsidiary sites are designed as advanced educational publications for active traders. Every visitor to this site, and subscriber (or prospective subscriber or customer) acknowledges and accepts the limitations of the services provided, and agrees, as a condition precedent to his/her/its access to our sites, to release and hold harmless Daytrading University, its officers, directors, owners, employees and agents from any and all liability of any kind (including but not limited to his/her viewing of this sites’ content, emails, subscription to services and/or purchase of any trader training product or service herein). Trade smart, and best wishes for success!

By participating / enrolling, site visitors & subscbribers also hereby agree to all terms in our disclaimer and terms of service, and indemnify/hold us free from any liability of any kind. All information is for entertainment and educational use only and is not to be used for making actual trades.  Best wishes for success!

Never Trade with Live Money In Any Room: Learn First!

For educational use only: all information is for training/educational use only. No performance nor profitability claims nor trading recommendations are made.

By participating you agree to not make actual trades; use a demo (papertrading) account, to Learn the patterns as they are explained in each educational session. No individual advice nor recommendations are being made; all information is impersonal and generally published in nature, per regulations. See our complete rules/terms of service and help/FAQ pages.

It is Ken’s opinion that live training rooms should be focused on education and training, Not to make actual trades in. Look at it as a safe learning environment.