IMO if you can't invest time in reading a book, you're spending FAR too much time trading. Trading per se shouldn't take up much of your time at all. You'll understand when you get a good trend following system
That is not the point, people interested and novice in the subject will buy the book and I have no problem with that, but when someone asks a few questions and ALWAYS gets the same, robotic answer "buy my book", means that the author is just after selling his book and not a real discourse about the subject. A more savvy promoter would be nice enough to engage in a conversation, for example mr. Faith (a REAL ex-turtle) WAS such a person, but because he saw Covell what he was, he was FORCED off ET from pressure by mr. Covell. This is the real travesty with this crap! Muzzle people who are nice and keep assholes who help paying the bills. Besides, sparky, I HAVE A LIFE. A job, a family and a business on top of that...I cannot spend as much time reading as perhaps you are , unemployed, and lonely....
Monroe trout? His guru niederhoffer was an original turtle. But soros turned him against the concept. Wonder what could have happened?
sounds like you in the wrong business. Business is to give you time not take it. Might as well have a job. By the way. How was faith forced off site by covel?
Well, you did mention lack of time, so I thought I'd make a helpful suggestion. Logically, if most of the answers you need are to be found in specific books (I've read MC's books and can tell you they will answer most of what you're asking, with a fair bit of propaganda to boot) it might be worth reading them. Duplicating the contents of a book in a thread is pretty futile. "Unemployed" is a curious term since it automatically suggests relative poverty due to lack of a job.. and therefore is generally used in a derogatory way, as you just did. You may be interested to know that going to work to pay the bills is what the (lower) middle classes do. Living on unearned income is what richer folk prefer.
he pretty much gave Dennis the idea of turtles experiment. Do the research. This is a little known fact mist in the business don't know
My business takes very little time (maybe 5 hrs a week) but as I have said I have a life. I follow the markets, read (what I find of value) and have a daughter. But that is besides the point... Covell (the fake turtle, but sponsor) made Barron banish Faith ( a real turtle) from ET. Oh, the irony... it was All about GREED (a pun)
He gets a big mention in New Market Wizards and tells a lot especially about stops Monroe Trout had a superb record of success in trading - over a 5 year period he averaged 67% per year. Interesting to know if he is still trading etc. ????? Anyone know ??