6 months dream on, I have been doing this for 7 years and still get frustrated, make bad decision, chase markets, get stopped out and never re-enter just to watch in horror as the original trade zoomed higher. Their are pros out their who have been in this business for 20 years who still can blow out an account. 6 months ha! Stone cold discipline is what required, an emotionless robot.
Well i guess no one can be right You just have to put your stop loss The future market is very uncertain and play,s with your mind a lot u really need to have a lot of patience. And if a lossing trader learns from some one and make,s a little money while trading futures it is not bad.then to be loosing ever day
I agree, they grab tiny profits using leverage, this is so the track record remains positive. Your not going to get subscribers with out that track record. That track record is their key to success. IMO I see nothing wrong with this service, I trade from home all alone and I tell you its hard to stay focused, its so easy to get distracted. i have been following YM tick by tick for 4 years now. This past week was not so great, even tough YM was up 300+, psychology is the key to success in trading. Just focus on what is happing right NOW. I looked at my daily charts last weekend and saw a market getting overbought RSI 14 65+ and thought this market cant go much higher. HAHAHA boy did I set myself up or what. Had I just focused on my intraday trading method, I would have bagged some serious profits. The whole time all last week I kept thinking about how overbought the market was and ever little decling was going to be the start of something big weeeeeee was I wrong. FOCUS ON THE NOW MOMENT!!!!!! trust me
Hey Myminitrading I guess u r really right IT feel very alone to trade from the house and u can easily get distracted and carried away watching each and every tick thinking u r going to make a trade. usually when i trade the ES i do ok But with the YM i have had 5 loosing day ( making all newbie mistake ) I am thinking for trying their service to see what going on and i also see they have a lot of video for free and good information i wll try their 10 day trial and see what is going on.
If it helps you with staying focused, and maintaing some discipline the try it. I thought of doing something like this, but with a live video so you could actually see what was going on and trade along. Big problem! to have say 100 users with 200 kbps dedicated upload each for live streaming video I would have need 20 megs of up stream bandwidth, I would have to charge a minium $ 100.00 and need a min of 100 users just to break even. The number just did not work, bandwidth need to get cheaper. I guess that is why PT uses just audio, and they use an outside source. With just streaming audio you dont need near as much bandwidth, just look at all the internet radio stations. I knew someone would eventually do this.
Yeah, and I knew someone would eventually do this, too: Puretick has no respect for their students JJ
Most of the chat sites I used to frequent would use text mostly then every now and then audio. We use text, audio and streaming graphics (from time to time). Ie: If a user asks Alex what he's looking at he'll throw a snap up of his charts or I may throw my T&S ticker up for the day if someone doesn't have theirs setup. Yes it does cost a lot more to use live streaming video all the time. Also there is a 4-7 second delay so If your serious about trading, you really need to have your own charting platform. CajunSniper / Puretick.com Administrator-Trader