Trader-Dale reviews?

Discussion in 'Technical Analysis' started by Tylerweitz11, Jul 26, 2023.

  1. maxinger

    maxinger


    Professional traders don't like to teach.
    They find teaching very distracting and annoying.


    They prefer to earn $$$$ from trading.
    They prefer to just focus on trading.



    Anyway, you don't have much choice but to learn from
    the professional writers / talkers.
    There are millions of professional writers / talkers for you to choose from.



    Every time I watch youtube,
    I can see thousands and thousands of
    professional writers / talkers writing / talking about
    investment/trading and those things.

    Most likely Google has spyware on my computer.
    And they know
    that my charting s/w is on, and my trading platforms are on.
    Very annoying.
    Anyway, my point is
    There are millions of professional writers / talkers for you to choose from.

    You have to :
    learn
    unlearn / decontaminate your mind
    then self-learn
     
    Last edited: Jul 26, 2023
    #11     Jul 26, 2023
    TVIS and Tylerweitz11 like this.
  2. by definition trader Dale is not a trader but a salesman. He has no trade room, no track record and no performance data. His entire site is devoted to selling strategies and education. That is why we struggle to figure out his actual value because he has no definitive performance with which to work with . It probably best to call him Salesman Dale and there is literally 2000+ sites just like him: all vendor/no trader.
     
    Last edited: Jul 27, 2023
    #12     Jul 27, 2023
    chillibean likes this.
  3. hilmy83

    hilmy83

    The reality is if you're good at trading you do one of two things:
    1. trade for yourself
    2. leverage your talent and manage OPM

    No way in the world someone will teach you a specific edge. What they will teach you is generalities that some people have mentioned already that you can get for FREE with simple google (now chatgpt) search!

    I say don't waste time taking these useless courses. Just read bunch of books, backtest/demo, then trade live.
     
    #13     Jul 27, 2023
    TVIS and Tylerweitz11 like this.
  4. Dollardogs

    Dollardogs

    This guy's prolly a paid shill, right? Doubt we'll hear from him again.
     
    #14     Jul 28, 2023
  5. Which guy?
     
    #15     Jul 28, 2023
  6. Dollardogs

    Dollardogs

    The other guy.
     
    #16     Jul 28, 2023
  7. I purchased his book "Order Flow: Trading Setups" for Kindle (relatively inexpensive) to find out it was free at his website. Oh well, live and learn. After reading the book, you will find that it's a disguised pitch to buy his order flow indicator for the awful trading charting software Ninjatrader, and his "training courses." This type of marketing approach is well known, and gives you a clue as to the type of information (or lack of) in his training courses.
     
    #17     Oct 22, 2023
  8. good call, books are generally considered obsolete as soon as the ink dries on the page.
     
    #18     Oct 24, 2023
    TraderTango likes this.
  9. Dollardogs

    Dollardogs

    Not surprised, but his book on Volume Profile was decent, introductory, lots of typos and broken english in the writing, but clear enough and got me started on how to use VP.
     
    #19     Nov 8, 2023

  10. Reading his book on volume profile shows he probably doesn't know math well.

    On page 143 he talks about red coming out 32 times in a row on roulette as being the "world record" (it is insinuated this is a fair wheel).

    Now he probably just googled this, as I got the same stat as number one result. But wait!!! When I read this I immediately called bullshit.

    Then I did the math and it would take 1.183x10^10 seconds longer than the universe has existed for red to come out 32 times in a row on a fair roulette wheel, assuming a spin every second.

    This just shows you he is a salesman selling a course, not a trader with a mathematical edge.

    By the way, he assumes a win rate of 60% with 1:1rr

    Not likely.
     
    #20     Jan 3, 2024