Here is my best shot today; if you can identify a traderâs style, it can be copied profitably, maybe not to the same level as the originator, but to a level high enough to average 6 figures. Is that more profound?
we each grab our mouse in the same fashion, the rest is all in our heads. happily, we are in agreement then.
ah, BUT it is NOT easier to create a michael jorden than it is to make a "metooxx" is it? what i am saying is trading is a head game, and the head is malleable, but the body is fixed.
Actually, it is easy to do what we do. I had a new trader start on Monday, we are up about $5K on his trades; and he doesn't even understand what he is trading or what trading is. It is all in the systems.
this what i have been trying to tell all here but they won't believe it! SUCCESSFUL TRADING CAN BE MODELLED! successful methods exist OUTSIDE & INDEPENDENT of the particular trader. as long as the trader does not corrupt and sabotage the system, anyone can do it! i would even go one step further, go out on a limb here and say that the trader is really a nonessential element if you can automate the system. (as you would "automate", ie train, the trader) oh yes!!
Here is what we do: 1) identify an instrument you can buy cheaper @ X and sell for more @ Y; 2) hit it fast; 3) hit it again and harder if it doesn't move; 4) repeat steps 1 -3 as many times as you can, in as many set-ups as you can find. Anyone can do it.