I m looking for a mentor

Discussion in 'Hook Up' started by Doncharles2020, Apr 8, 2020.

  1. Sekiyo

    Sekiyo

    IMO the theory should be simple.
    A break out can be explained in less than 10min.

    But to recognize the pattern in real life,
    To master all the repetitions and the differences,
    This is ultimately what’s going to take time to learn.

    To Master a setup takes time.
    Even if it’s simple like ABC.

    You won’t be mastering till’ 100s + of iterations.
     
    Last edited: Jun 4, 2020
    #271     Jun 4, 2020
    jl1575 and SimpleMeLike like this.
  2. ironchef

    ironchef

    I thought you said 20 years at one time.

    Wait, at another time you said 30 years?o_O
     
    #272     Jun 4, 2020
    Spooz Top 2 likes this.
  3. ironchef

    ironchef

    Correction, he said 13, not 30.
     
    #273     Jun 4, 2020
  4. deaddog

    deaddog

    You mean; when price does this; the next bar will always do this; except when it doesn't.o_O
     
    #274     Jun 4, 2020
    a_c likes this.
  5. p0box4

    p0box4

    He said so many things in the past ...

    He said 30 multiple times and 13 multiple times.
     
    #275     Jun 4, 2020
  6. ironchef

    ironchef

    I am in the same boat as OP, learning, trying to improve. Besides, OP wants to trade futures. I have no clue how to trade future, I only trade options.

    ET, all of you including @padutrader, who I like to poke fun at sometimes, are my mentors. Something @padutrader said makes sense: Mostly, you learn from you mentor what NOT to do. What you do you need to figure that out yourself, no one can teach you because trading is so personal. What works depends so much on personal situation and personality.
     
    #276     Jun 4, 2020
    JesseJamesFinn1 likes this.
  7. Sekiyo

    Sekiyo

    When it doesn’t is part of the plan.
    No setup is 100% successful of course.
     
    #277     Jun 4, 2020
  8. deaddog

    deaddog

    :thumbsup:
    Always comes back to the plan!!
     
    #278     Jun 4, 2020
  9. a_c

    a_c

    I agree 100%. fake training coaches , unprofitable boasters & those who don't want to share their method often say it takes years to learn & you need to find a method that suits your personality - this is just to dodge questions & fool around. A profitable method will be profitable for anyone if followed correctly, it will not check personality of the person. It may take years to find a profitable strategy but it does not take years to learn a profitable strategy.
     
    #279     Jun 4, 2020
    Thor likes this.
  10. ironchef

    ironchef

    Two questions: How long have you been trading profitably and are your trades on autopilot without your intervention?

    Very few of us newbies can strictly adhere to a set of rules and how we trade depends on our situation, whether we have a day job, need the profit to put food on the table, willingness and ability to take risks... will affect our trading method, affect our results. Trading is a probabilistic game not a deterministic game.

    Even with auto-trade, most algorithms need periodic adjustments, it is a probability game and the probability keeps changing, hard to pin down.

    Imagine in Mid March, how many had the nerve to kept buying when everyone was dumping? It is easy to pontificate, hard to execute.
     
    #280     Jun 4, 2020