Ok, I do have another question. Are those results simulated or real money? Only 12 losing days since Jan 2013 seems miraculous---- I guess the Price Action Warriors expect this type of performance. surf
Are you done editing your post? Or should I wait about 30 mins until you have had time to perfect your post to answer?
Miraculous? Hardly. Daytrading allows you to keep risk minimal and, for a trader with a robust intraday approach, it's not surprising at all to have minimal # of down days. Obviously if you hold overnights that's a completely different ballgame.
Are the results real or simulated on that site? It's a yes or no question. No need to pontificate, obfuscate or speak in riddles. surf
Yes, real money. "In addition, as soon as I reach my profit goal of the trading day, I go into profit protection mode and reduce my position size down to 1 - 2 contracts for the remainder of the trading day. Further, it's important to understand that posting real money trades in real-time is a difficult task especially when things get hectic, fast moving or frustrating. I've been doing such since late 1990's and it's taken many years to get comfortable with doing such. " http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=205&t=1773
And while trading he also runs a `referral program'? http://www.thestrategylab.com/ReferralProgram.htm Earned Commissions (free cash): You'll receive commission (free cash in your country currency) on any sales you send our way or having the option of applying the referral dollar amount to any of the our fee-based services. This is an excellent method of supplementing your trading income and/or to make residual income with very little effort via posting charts online as shown in the examples above. In addition, you will increase your odds of gaining free access to new fee-based services we plan to add in the future... This is an excellent way of supplementing your trading income and/or to make residual income. When are the commissions sent to you? First of all, we'll transfer your commission to you...via either PayPal or wire transfer...within 24 hrs after the referred client has been using our services for 90 days. Once again, contact us to join our referral affiliation program. Best Regards, M.A. Perry Trader and Founder of WRB Analysis (wide range body analysis or wide range bar analysis)
Im sure he leaps to the computer like a crazed Russain dog in search of vodka leaving his trades in the dust every time it pings...
Perhaps it would best to focus on the 8 years of real money daily trading results that he's posted. That would make more sense, don't you think?
Yes - -more sense for him! Why futz with small-dollar vending / 'mentoring' / referral etc etc schemes if you can make money almost every day trading?