So what are the relevant skills? I know some basic coding from trying to code indicators its pretty neat and could be an interesting project...
as far as useful content I dont see much difference between the two BMT has less riff raff but that doesnt mean the content is better...
I remember there was a journal thread on another forum (BM) that went on for over a year. It was a popular journal, and the OP was posting to...
I see the Al Brooks house thread has disappeared. guess we need a new place to bitch about vendors. :) The problem with most...
I tried ma stuff like that too..... only buy when ma is sloping up, etc maybe that could be one part of a good trading system but I dont...
Remember motivational speaker James Ray? guru seminar leader who talked about "The Secret" was sued because customers at his retreats had...
realistically...... 99% of vendors probably fall into 1 of 2 catagories............ 1.) failed traders (this is most of them I'm sure) or...
The guru business is cyclical. Back when indicators were the cool, "in thing" for retail traders....... Woodie was really popular. Now...
I remember when I thought indicator divergences (MACD, etc) were "it". But like you said, after a while I could look a chart and tell when...
I get the impression that indicators were the "in thing" back in 2005 and there abouts. I see a lot of old threads on various forums where...
I think most trading is probably like that in one way or another. You either have a lot of scratches/losses and occasional big wins to keep you...
I just put a 300ma on a 5 minute NQ chart. This morning price stopped and reversed right on the ma. Holy shit! The 300ma was support! I...
I don't think retail trading is a path to riches, unless the trader already had some wealth to begin with. Maybe a way to make a living for...
I don't get the joke. I opened the pic attachment and it's a 1 minute chart. What's so amusing about that? From this comment: I was...
I don't think undercapitalization will prevent one from trading profitably, but it will probably mean that they won't survive the learning curve....
I agree with the original assessment. Aspiring traders fail because they don't have a profitable method. This is why I think aspiring...
Things can't be going well for him. He provides the money and 95% of his traders are losing. But trading is getting harder and harder so they...
This is getting interesting. If 99% of active traders lose, then how can the chart patterns they create offer any opportunity to profit? I...
Trend following is old news. I hear Al Brooks Price Action is the latest craze. Maybe someone should send those guys a copy..... :cool:
You need to make a lot to be a trader. IMO trading for a living is sort of a rich man's passtime. If you're an average joe - where's the...
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