Hey Fred, What about fib puts you off? I personally cant get it to give me a hint,apart from 50% which is not sacred to fib obviously.
It’s a bit too mystical for my taste. I don’t think Fibonacci himself ever thought his number sequence would be used to “predict” human behaviour. My guess is he probably would have had a good laugh. The other thing is that there are apparently so many different fib “levels” that price can’t help but eventually trip on one of them, thereby convincing aficionados of their efficacy. (About as useful as highlighting just about every passage in a book.)
Exactly. Those "grab them while you can" limited offers really sets of every single alarm bell and snake oil seller alerts I can think of... No. As far as I can tell, they're not really selling anything. FWIW, I don't follow them, though, and haven't looked into them in detail.
Yes. If I recall correctly from the interview I heard - she had a windfall profit from selling her business or some other business deal? So, retiring at 30 not from trading profits for sure. Now, it's possible she's the real deal and actually makes money from her trading operations and/or have good things to teach. I'm just saying that when I see someone who's obviously also a vendor charging really high prices with cheesy sales tactics I'm really, really skeptical.
She said she makes 2K on average per day and she is happy with 500K a year. I think she has a huge drive to be active and do something during the day, thus the trading, books and mentorship, etc. My criticism would be this: If you have a programable strategy (I think she does) and you are a software engineer, why not just let the program trade for you, and you can do something else instead of looking at the screen for hours? You would think after 4 decades, that is getting old. Also, printing out charts at the end of day is so 90s....But whatever makes her happy. And I think her Sunny Bands are pretty much just Bollinger Bands. I was surprised she didn't get the psychological problems of trading. It is nice that she doesn't have such problems, but she wasn't even getting that for others it can be a huge deal.