Support and Resistance Gurus

Discussion in 'Technical Analysis' started by Darc, Sep 18, 2022.

  1. SunTrader

    SunTrader

    I referred to what Sam paid because that is who mentioned in my original post.

    This is all besides the point of whether or not what he talks about works.

    Elon tweet pumps and dumps cryptos, and even his own stock, but does that mean he doesn't know how to run an EV manufacturer? And a Rocket company? And ... Also paid SEC some money.
     
    #11     Sep 18, 2022
  2. taowave

    taowave

    I believe in innocent till proven guilty...They were found guilty

    You want to listen to a bunch of scam artists who were shut down for defrauding their customers while admitting their bogus claims of profitability were a figment of their imagination????

    These are BAD guys,who sucked at their craft

    Your analogy is awful......

    Elon pumping dumping Crypto has ZERO to do with being brillaint in the EV world..

    I think the analogy you are looking for is Elisabeth Holmes..

    Lied to investors,lied to the world and was a complete fraud...







     
    #12     Sep 18, 2022
  3. easymon1

    easymon1

    #13     Sep 18, 2022
    Darc likes this.
  4. SunTrader

    SunTrader

    I'm not listening to anyone. I referred someone to the OP.

    They can decide for themselves if there is anything of value in Seiden's version of support and resistance. (Which it appears they are doing just that by liking a post of mine above, can you move on). Whether or not he is a fraud or not is besides the point of lllllearning something.
     
    #14     Sep 18, 2022
    taowave likes this.
  5. taowave

    taowave

    Sorry if I came on too strong :)
     
    #15     Sep 18, 2022
    SunTrader likes this.
  6. Everyone is literally a Support/Resistance Guru.

    All across social media, forums, and Disneyland and Denny's and Costco and Gas stations and Hotel seminars and anywhere else....all traders talk about following and tracing past lines and ranges.
    Ride that roller coaster up and down....just follow the lines to make money. It's so easy, yet everyone is still so broke,
     
    #16     Sep 18, 2022
  7. easymon1

    easymon1

    +1
     
    #17     Sep 18, 2022
  8. The method taught by Sam Seiden is what finally helped me to become consistently profitable and find lower-risk, higher reward trades. I didn’t learn it from Seiden/OTA, however. Some I had already figured out on my own, the rest came from simply browsing the web.
     
    #18     Sep 18, 2022
    Darc likes this.
  9. SunTrader

    SunTrader

    Yup. :thumbsup: What I got from Seiden, that I use, was from a trio of Futures Magazine articles from 2005 - which BTW was a free subscription.
     
    #19     Sep 18, 2022
    Money Trust and Darc like this.
  10. I remember asking the guy who introduced me to trading how does he know when a market is about to move. He only said "supply and demand." At the time, this guy was 23 years old and had $2.5M the year before trading commodities and currencies. Because he used to keep up with the news a lot and studied government reports, I thought he meant supply and demand from a fundamental/economic perspective. It wasn't until a couple of years later that I realized he was talking about Sam Seiden.
     
    #20     Sep 19, 2022