I love noobs :D

failed_trad3r · Apr 1, 2010

Hi, I have sent you emails a few times pobably don't remember, asking very basic questions haha...

I have been studying everything I can about trading for 5months now, and lucky for me I happen to run into your blog about 4months ago, printed out every chart you have ever posted, read through every post and comments below, studied, analyzed and finally started practicing in simulation about 2 and a half months ago.

For about a half a month, I ended up loosing, I could not understand what you were trying to tell me, then looking farther into and studying more specifically how you enter your trades, what similarities I see and marking 2-3 requirements per trade, I went back to your charts to confirm that the same situation happened when the same type of trades were made. I than went to my historical data for 5months, and started looking for the same entry criteria and started marking winner/looser, and why it won, and why it lost.

After loosing 15k, on 3 contracts for 3weeks, (mainly from trading too much at every turn), I decided to do as you say, and follow the exact setups I have marked in my plan. I have written down a Continuation setup that I felt was the same as yours, as well as a reversal setup I felt you followed. After 2months, I am now finally in profit at +3k, which is simply amazing and I have nothing but gratitude for all your help.

Looking through today's post you posted a single trade, with a chart. Looking at that chart made me excited since the criteria, the way you read the order flow, all matched up exactly to how my reversal setup was marked in my plan, and could not help but send this long over due thank you email.

You have taken me from someone who knew absolutely nothing about day trading, to a CP in a matter of 4months, and have given me courage to finally choose to switch over to daytrading full time. I will forever be greatful for all your hard work and generosity. Thank you again. SC
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http://electroniclocal.blogspot.com/2010/03/sim-trading-is-boring-and-trading-plans.html

They fall so easily for these guru's, now we need TraderZones to call him out on his brokerage statements

Fireplace · Apr 1, 2010

Same here!

Quote from failed_trad3r:

I love boobs

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I love noobs :D

failed_trad3r

Fireplace