I learned more watching that vid than a decade of reading the best of et. That guy is a genius. He'll make back the loss in 2 weeks EPrado, suggest you watch that vid a few more times so you can benefit from the very impressive insight
I hear everyone on this forum and others saying how nice he is and what a good guy he is; I will be a good nice guy to you also for $300 a month.
these guys are just great. they provide service of immense value to clients: hard, pain-in-the-ass education. TTM probably educated more than 10,000 traders how NOT to trade. they deserve every million dollars earned on these poor, greedy, lazy and ignorant people- clients. but still, thousands more wannabe traders gamblers want to be rich the next weekend. this is exactly what people want: marketing sh!t. CNBC logos, smiling faces, colorful dynamic charts with lotsa indicators and that kind of horsecrap. who cares whether their strategies have inner edge? no'freakin;body.
trained more than 10K people, they make at least $3 million based on $300 subscription per month. Wow!!!
i've seen people losing hundreds of thousands of $ to some churning snake oil scamsters. many times in a row. the same clients who were given a chance to trade with profitable signals (no averaging down, lots of small losses, letting profits run) could not decide to try it. conclusion: honest signal providers or online chat room operators who make money will never ever offer the service, simply because there is ... yeah, you bet.... no demand for such trading.
even after 50 scamsters are exposed, busted... revealing that they've used the same method: averaging down, without the stoploss.... still, none of these thousands of losers will get a clue what happened, why, and how to avoid it next time.
whether they do or do not place stops, they are here to scam small traders. Small Traders are easy to scam vs successful traders. Small Traders are born to lose.
hell no, i dont care! the more scam trading teachers, the better for me. margin calls and 1000s of traders playing against the trend actually create long trends and price spikes on which i make money. i wish someday, all other traders will scalp for 3 ticks and average down without the stop, except me...