Is there anyone here who is self-taught, consistently profitable and confident of continued success?

Discussion in 'Trading' started by with interest, Apr 13, 2019.

  1. I'm certain that this pussy wanted to be like Dest. so others can respect him, but he is no Dest. cause he can't trade profitably. All he has is some knowledge and a loud mouth, but no trading skill lol........ That's why he is lurking on this site for over 15-year.... LMFAO
     
    #111     May 22, 2019
    SimpleMeLike likes this.
  2. humbletrader2016,

    I love it, I love it , I love it , I love it. I love it , I love it. Damn I love it. And this is how it suppose to be.
     
    #112     May 22, 2019
  3. This post should have more Likes.
     
    #113     May 22, 2019
    TommyR and padutrader like this.
  4. padutrader

    padutrader

    just stick to what you want to do...it deos not matter if someone else is the best trader in the world.. do not compete with anyone
     
    #114     May 22, 2019
    Overnight likes this.
  5. padutrader

    padutrader

    just sharing my experiences ..it should not be taken as advice or endorsement of a strategy
     
    Last edited: May 22, 2019
    #115     May 22, 2019
  6. padutrader,

    Question for you. I am studying Al Brooks as well. Yes he goes deep in to detail, but I am still learning and practicing.

    I am curious why took you 12 years to comprehend and make money consistently with his price action content? Was it the material was too complex, not enough practice in sim, no back test, wrong chart time frame?

    Thanks
     
    #116     May 22, 2019
  7. Of course everybody will love it if they can make a couple of hundred $$$ a day, but how many people can do it? It requires long hours of baiting patiently and tons of analysis to follow trading plans. Unless I travel, my trading day always begin from midnight until 4pm to bait setups, which means I work 16-hour a day. I bet most of you are in bed now in order to get ready for next trading day, but not for me lol. Well, I do take naps in between and sometimes, I missed a setup when I overslept.
     
    #117     May 23, 2019
    SimpleMeLike likes this.
  8. padutrader

    padutrader

    very good question....one that no one else asked ..but they only made fun of me.
    and that is why I recognize that you are special just like I recognized Al Brooks was so special that I devoted 12 years and 100000 usd to his passionate ramblings when the majority of traders dismissed him as a nut case

    there are many levels to his training: one is entry; entry bar stop and target 2 times risk or whatever.

    that is elementary.. like learning ABCD....but with just ABCD you cannot write or understand poetry.
    there is the next level you have to go to:that level is evaluating the entry bar; is it a good entry bar.

    next: is the context good for a swing or just a scalp.

    next: understanding legs.....which leg is the entry bar in. this is critical for both kinds of trades with trend and counter trend.

    material is not complex, it is disorderly.

    it is a like a girl taking off her clothes....she does not remove all.....Brooks is like that.

    next:a market will test anything, like a trend line, twice.

    this a simple statement but a powerful tool:

    just like it is simple to assemble a nuclear bomb but the effect is just mind boggling just as it is surprising.

    Brooks mentions it very casually but it is extremely powerful for trading.if you know what is your hand...

    a nuclear bomb is just a box to those who do not understand it's power.

    if you want to know it's power: draw a trend line, in a location in the market where the market touches the line and moves off it rapidly....extend the trend line and you will see the market comes back to it....

    this happens to all trend lines....that are drawable ...and to take advantage of this phenomenon and incorporate it into a trading strategy in trading, is practically very difficult or well nigh impossible.

    I think he suspected it was impossible to explain it in writing. I know I cannot explain in writing...but in person to person it would talk ten minutes to explain...even then,.how long it will take the trader to see it and trade it in live trading conditions is literally a [million] dollars question

    I wanted this power badly so badly that i did not give up for years...now after 12 years i have got it in the palm of my hand
     
    Last edited: May 23, 2019
    #118     May 23, 2019
    SimpleMeLike likes this.
  9. padutrader

    padutrader

    it is 1% inspiration 99% perspiration.

    I perspired for 12 years, without a reward trying to catch that pot under the rainbow
     
    #119     May 23, 2019
  10. padutrader

    padutrader

    "just sharing my experiences ..it should be taken as advice or endorsement of a strategy"

    that should read: 'just sharing my experiences ..it should be NOT taken as advice or endorsement of a strategy.'

    sorry for the omission / typo
     
    #120     May 23, 2019