%% WON, William O' Neil has some great understandable principles+ color charts now= CAN SLIM. Early books/Newspaper have black + grey charts, not near as clear, as modern color charts[ red ,white, blue or red ,white + black]
%% YOU must be a spender/ T30, more than a saver+ thats fine/OK. Being a spender, you might as well go to one of those expensive IBD seminars. Me i enjoy his books especially, the newer ones with color charts= bigger bang for the buck$. Bear[changing market] markets \Bear rallies can be harder profits than orderly uptrends; as defined+ measured by 200 day moving average. The good news bottom line= is most millionaires in the market are specialists, market makers + investors/ not traders. This is business also.
%% Good points. Not sure the get rich quick 0o.1% is that hi?/ But the 99% , in USa or Israel= most likely right . Trader 30 should send me $200 + you $200 for that. $40 to Elite management if that's the going rate. I know he offered $100, but price moved up today, as of 11:53.777 CST. USa + Israel has an advantage> almost all are rich from 18 or 21 years old get go
Wouldn't this be easier to just automate? I mean if you teach the guy to just "go long here when this happens", or short here, then aren't you almost giving your edge away?
op you eat what you kill - you bring in a wildebeest, you get to keep a leg. that's the way it works when you're not king of the lion den. you are not in a position to ask for the lambo keys junior, take the hoopie and let's see how you do with that first. defend yourself tell us why you of all people deserve someone wasting their time with you? m
i don't think anyone would ever be able to figure out or replicate my entries, but it's not impossible i know. know this from my experience you can tell a guy exactly what you do and how you do it but everyone will change something to make it better and their own lol. besides if someone can out do me i would love to be their client. i am the automation king but so many of my orders are server side, i have had catastrophic failures occasionally. when i traded with large draw-downs automation is not so hard when you're always in the market long or short. but for years now i have gone back to very short term trading with much leveraging and little draw down. entries can be automated no problems but as the trade progresses things change where the expectations become different. so i have a framework of what i know will happen with 75% confidence. when things look better or worst i am changing exit strategies and position sizes on the fly. true i need to automate it. toby crabel gives his traders the entry and then pays a bonus according to how they handle the trade. there is a base expectation and within boundaries they have freedom to finesse exits. i have been thinking of doing the exact same thing. m
I guess I'm just trying to figure out what it is that you are looking for. If you want the trader to execute based on the Dom, you would have to tell them what to look for, so now you are teaching them your strategy. And if all you need is a monkey, then an automated/digital monkey seems like they would be a better slave
My edge is forex day trading, swing trading in particular. I rely on machine learning(70/30 split), AI if you will, to minimize the human psychology element in trading. It's a statistics heavy mechanism, with supervision required during market news. Would love to hear from you if you're still looking. Mike
I have an edge to share ( not so much mentor) if you are an experienced programmer willing to build out. I have historical examples to show.