The fact of the matter is, every person is different - one person can look at a 5 sec chart and enter a trade in the right direction at or near a recent low/high..while another person will look at the same chart and do the exact opposite! Who will make money on the trade, and more importantly, why? J_S
No disrespect to Mr Brooks, as i don't know the man personaly, but after many years of winning and losing - having bought and tried a god few "courses" years ago - the conclusion I have come to is, Trading is as simple as ABC - but - the majority will take it to XYZ! When you get to the stage where you really understand what this means, then I think you will agree with me 100% and kick yourself in the ass for wasting so many years and so much money! A fool learns from his own mistakes - A wise man learns from the mistakes of fools! J_S
Should def exit on 3rd chart, but I would imagine your stop was moved automatically to keep the dollar sign green as the charts progressed - if not you have a bit of explaining to do For an oldtimer you are very good at coloring, but the main color is right, and that is all that matters - nice trade. J_S
NT, I don't think I ever "followed" anyone, but I have clicked on your name, and for others, here is the reason why - as I think it is important! Not because you posted a nice color picture Not because you posted a trade showing a profit - actually, I prefer to see losing trades! Not because you ride a harley and probably have a big long beard I decided to follow us as you stated you are an old timer, and I truly believe you can always learn something of value from a person older than you - there is no substitute for real experience, and as i said previously - btw, I am not young myself, but not as old as you I think A fool learns from his own mistakes - A wise man learns from a fools mistakes I believe that you were once a fool J_S
What if I show you something simple that can make you money and you can not make use of what I show you - what does that say about me, and more importantly, about you? J_S
If you can simplify your English so that is understandable, now that would be the first thing to do. I think you are saying that you could show me something simple to make me money, but i will not be able to make use of it...is that correct?
LF, as VA has put it up to me, here is a section of what can be used to extract money from the market - show it to your friend as I think he might be interested? I am obviously not going to show too much as I am not charging any money, but if anyone makes money from what I show then please feel free to PM me and I will gladly accept a voucher (or bank transfer ) to buy myself a new pair of trousers, car, house, or even a small jet - depends on how well you understand simplicity and how much money you have to trade with! What this is not. It is not a standard chart. It is not a futures contract. It is not a complex combination of several instruments. What this is. It is a bar chart - a section of a layout for assisting with decision making as to when to buy/sell and when to sell/buy, with a pre-defined stop loss level in case it does not work out, which of course will happen some of the time, but not all of the time It is a stock symbol - go figure as it is very easy! It is as simple as it gets. J_S Oh yeh - I will accept a harley as well as I might take NT up on his offer