I don't have any "$50 snake oil" indicators. Interesting claim you make... "doing the opposite [of the herd] won't make you profitable either". Let me get this straight... 1) the herd goes long and loses 2) if I were to go short when the herd went long, I would not be able to exit with a profit?!?!??!! Please elaborate.
haha, you really do lack any sort of trading experience don't you! Two inexperienced novice traders can both trade in the correct direction and still both lose money. Two experienced traders can trade in opposite directions and both make money. Trading in the opposite direction to the losing majority isn't going to automatically make you profitable. And yes, you're trying to sell your indicators for $50. You call it a 'minimum $50 contribution' but it amounts to the same thing, you're selling, period.
You are trying to convince me and others, that if one trader goes long and the other goes short at the exact same time, and price moves that neither trader will have an opportunity to take profit? Who is the one lacking trading experience? Are you claiming the Sierra Club is selling backpacks because the only way you can get one of their backpacks is if you make a donation? Just another OFF TOPIC post by cabletrader. The topic is "Six Steps to Better Trading". Please stay ON TOPIC.
Avery Horton aka 'TheRumpledOne' you are a snake oil salesman and a liar. You tout your indicators around the forums and have been banned from all but a couple of trading forums for promoting your wares and promoting the broker you work for as an IB. You offer your indicators in exchange for a minimum 'donation' of $50 which amounts to the same thing as selling, and you only do it that way so you can avoid having to write any supporting documentation or user manuals, and as a 'gift' people can't send them back for a refund when they find out they've been ripped off. Avery Horton you are a liar and a thief! Don't like the truth? Sue me!
I read your previous post and you have failed to answer my question. If one trader goes long, the other goes short and price moves, are you saying that neither trader will have an opportunity to make a profit, YES or NO? If your answer is YES, then please show an example of how this would be possible.
Here's another potential Trader Trick entry on the 7.5 pt. Range Bar chart. The Top of the potential signal bar has been taken out and you could have gone long at that point. However, to reduce potential losses (but possibly miss the move), you could wait until prices retract back to 1049.0 where you have a Buy Limit Order sitting. Your would be the low of the signal bar or 1046.0. http://www.sierrachart.com/userimages/upload_2/1257363618_46_UploadImage.png
Trade on. Long @ 1049.0; Stop: 1046.0. This is an overnight trade that I expect to continue into the 1080's. Stop will be adjusted as bars are completed. http://www.sierrachart.com/userimages/upload_2/1257366973_32_UploadImage.png