but you refusing to do what you accusing other of. You were asked straight question about your trading profits.
LOL, how big is that antelope? To me, "Scataphagos" really knows his Price Action, there are really few traders on this site I exchange PMs or know they trade well. If I was a new trader though, I go with spread trading that @bone has. There are price action courses and there is Price Action that readers will never read on ET or youtube, there is only one Mona Lisa original painting, same with nuances of price action. After I won U.S. Trading Championship in 1992 beating all the best with 214%, I went into hiding, didn't know at time I had Asperger's, my father didn't know either most of his life, before head accident he was very gifted intelligence in science and math. I grew up without many emotions most people take for granted, I don't have fears, don't know what is love or have a conscious. I have formulated many rules to try to "fit in". Most of times I been insulted, don't have clue as it don't compute, chalk it up egotistic deranged individual. In 1994 after father died, thought of teaching, did it very different, traders would come to live in my home and trade my $25k till they doubled it and in couple months they go home, did that till someone ruined it and in middle of night he reached goal then intentionally lost 25k, left me a note saying I lived too good and didn't deserve to be paid, and he left. I went back into hiding. After handful of years select people based on criteria based on what they were willing to give up in their lives to work with me for two years. My fees generally came out of profits, students were successful 40%, some would never be able to understand my concepts. I have one student left, he gave up drinking/smoking and most days profitable day trading, and 25 of 25 profitable option selling, am sure is a fluke but he has become very good at price action. Trading a matter of memory, when not to take trades thereby leaving very low risk and better reward. Once done with last student, no more, spending few years chatting nearly each day, checking charts, overcoming psychological differences, am just too old, losing memory. Don't PM asking for help. I am very careful of what I post though, see certain phrases show up on you tube, LOL Starbucks time.
It helps but sometimes incredible players can’t teach. I played A level and tried so dam hard to get to Open. My coach was the top 50 year old player on the West Coast. His skills were good, one day I was playing near Solvang after a lesson. Alone hitting the ball against the wall was another player. He asked if I wanted to hit, never in my life was I destroyed by a forty something year old. He said his “teaching skills were not great” after I asked for a lesson. It was not until his hat and scarf was removed I knew why a twenty year old was crushed by a forty. I got to play a former 1 player!
I trade live every day and help others for free. I’ve never understood why educators do t show their actual accounts and feel they must paper trade.
Good Evening Handle123, Great post and thanks for sharing. Your post have helped me over the years. Very sorry about your bad experience. You are a good man. Thanks.
%% Good points. Except all those you mentioned have helped some with their teaching[in the form of books/interviews......... ] NOT an ad for penny stocks/LOL. ''His '' trading record was not quite as good with his hedge fund, its in his American Hedge Fund book. IBD founder knows how to trade/teach + invest. I've proved that myself, not with small caps so much, as he did. Thanks
(Bolding is mine). Do you follow your own belief? I do not see it on your website anywhere. Can you send me a PM with your 1099-B statements that proves you are a real trader with "at least 1 profitable year"?
Timothy Sykes actually, ran a hedge fund worth $10 million then, with most of the monies from one of his friends. After substantial losses, he ended up liquidating the hedge fund. He was also, interviewed by a fund manager to handle funds in the millions at the time. The fund manager passed after the interview. Timothy Sykes was in the series Wall Street Warriors if you catch it anywhere it is available. William O'Neill created the Canslim trading system which IBD subscribers use even today.