It will never work. You have to craft your own understanding of the market. Copying signals from a vendor is a sales business. A rather useless business that yields low refinement. If it were that easy to make money from the market everyone would quit their jobs and just print magical money all day and have sex and buy things.
I suspect a LOT of traders were copying Kullamagi's trades during his heyday circa 2019-2021. Or trying to anyway. These days I cant think of anyone worth trying that with.
Exactly this. If all of those "gurus" had an actual edge they would just constantly scale up their trades. Instead they would have you believe the cherry picked trades they present as their "profitable system" is the holy grail. This is why they spend every single minute of their day building a following on social media, creating videos, paying experts to edit them for platforms, and selling/ giving away a system that would certainly decay from market saturation until it no longer exist. Obviously this makes more sense than refining their current system and scaling up 5 to 10 ES emini contracts.
Good Morning Bugsy, Exactly. This trading industry is full of the following: 1. Full of LIARS 2. Full of PIMPS 3. Full of CONMEN 4. Full of SHIT 5. Full of excellent Scammers on earth 6. Full of Thieves 7. Full of Salesmen 8. Full of Marketers 9. Full of anyone who Say or Do anything to TAKE money from ANYONE with the sole purpose of teaching them how to make money. 10. Full of YouTubers LIARS 11. Full of trading books authors LIARS. What kind of an idot would spend time writing a trading book on how to trade, he would actually go trade. Reading trading books is dumb. 12. Full of dumb lying webinars about Gurus on a panel telling other trader secrets. NOONE on this planet will EVER tell someone how to make millions of dollars. EVER!!!!. I do everything by myself and for myself when it pertains to trading. I only network with ET members if I need help with something or share my help on ET website. Anything outside of ET website as it pertains to trading is a Lie.
Good Morning Bugsy, NOONE on this Planet will EVER EVER EVER in a MILLIONS YEARS show or tell or explain to ANYONE an trading edge or how to make millions dollars in the investment world or trading world. ANYONE teaching another person how to make money trading for a fee is a SCAMMER. If you need help ask questions on ET forum for free. If you see help outside of ET for a fee, i promise you, you will be Scam and lose money.
Good morning. For me trading is like Call of Duty and Fallout to gamers. I enjoy it for the sheer challenge. Anyone in it for the money probably will not be as successful—if successful at all—as someone who is passionate about it. You kind of need to be for the amount of hours dedicated to studying charts, refining systems, and back/ forward testing theories. Elitetrader falls into that category. A shared love of an activity with others of that mindset. Reddit is a shithole. True traders and investors are on ET.
glad to see someone else recognizes the two separate classes on et "investors" and "traders" there is one more class on et and that would be "asses" @demoncore
Hello MarkBrown, I agree. Investor is VERY different different then Trader. It is better to be both an Investor and Trader. I honestly do not see how any average person will get rich in the country before the age 55 years old without being a Day Trader and Investor. There is NO way to get legally rich in America besides day trading and investing.