Easy to trade backward. Lot of losers not taken. So there is either more to his "Simple buy & sell signals", Or he bullshit (which is the tradition) or I am plain stupid & wrong.
This is why you must spend sime time reading charts - as the signal is but one step in the process - TST, remember! Of course it is not as simple, as no chart is the same - it just can not be - although many think, just because a "pattern" is recognizable, it will keep repeating in exactly the same way - BIG mistake! However, overall, he is spot on - and more importantly, his 2 charts make perfect sense, if you stop and think about it. Add in a few more little things, and, you have a robust trading approach, that WILL, enable you to make more money than you lose - as you will have losers as sure as night turns to day - and, KEEP IT! Believe me, this fella is no ordinary Gobshite J_S
2 bars back working fine today, so far Mentors me arse - just cop the fuk on and start trading small size till you Get It - no better way to wake you up than to lose a few quid J_S
Let's check - yep, 2 bars back working fine - told you he is no ordinary Gobshite - I will look at his other 2 books and let you know if I see anything worth noting J_S
What I meant was, why not now? Why wait - things are going to be exactly the same - ABC =123 - and you appear to know the true value of risk management, so, just pull the trigger and start counting up the sample lot. Me, I have no interest at this time to sit in front of 4 monitors from 14:30 to 16:00 GMT - but I will when the winter comes, and am fully prepared. The only way to make money is to trade, but, as trading involves losers, then unless you have learned to accept the losers, as soon as is required, then it is all just a pure waste of time and effort. Any good mentor, will tell you, the secret to making money is to learn how to lose "correctly" - and, he also needs to show you. The first thing you ask a mentor to show you, is, his losing trades - as it shows all he knows - if he refuses, or makes excuses, then tell him to "fuk off and don't be annoying me", as he is nothing but another Gobshite. A real mentor will be happy you asked, as it shows him you already know what it is you have to master, with his help. J_S