Quote from jack hershey: And while you are at it, Jack, GET LOST. He is serving overseas and is on limited income. He has a small account and cannot deal with you screwing with his mind with your snake oil methods. He is hoping to find some useful help. But you have confused enough new traders with your constant drivel. Specialist Lowe, do not listen to ANYTHING from Jack Hershey, SpyderTrader or their SCT. If you are not convinced, do some reading about what many people here on elitetrader say about him. He is a lonely old man who constantly seeks the attention and adoration of others. He has formed his own trading cult basically founded on his own mysticism. He will cost you many months and a lot of losses before you realize what a fool he makes out of new traders.
I am not going to participate here. I simply stated an explanation to you of something you typed that you didn't know: L2. L2 is a significant part of trading PA as we all know. L2 shows nicely in the DOM and it easy to see where (in time and price) a turn is coming up in advance. You introduced my name to this thread, if you recall. I feel the survey sp lowe is going to do is his approach to spending time available to him. As he assesses more and more his focus will shift. Why don't you take the step susanaDT has done and put me on ignore. Also take the time to learn how to read T&S and the DOM as part of getting to advanced beginner. Google "Tape reading". Good luck, sp lowe.
speak for yourself only you obviously have no clue what you're talking about and if anybody had any doubt about that, all they need to do is search the posts under your previous alias: rcanfiel you offer no substance your advice at all personal attacks are just a sign of who you really are i seriously doubt that you have the guts to say anything like that face-to-face to anybody so stick to your Aronson bullshit, and selling trading systems for 250K in the classified section
in case you missed it i typed all that with one finger because thats all that a nincompoop like you deserves
I think we should all take the free advice of trader zones. Yes the world famous trader zones a legend in his/her own mind. When mommy and daddy take away your internet what will you use to advise the world on price action, price action, price action. Wow that is heavy. Price action. Hmmm. Yeah, yeah. Go to Kmart. yeah yeah. OK great movie. I believe Dustin did a great job with you. Why speak your mind on this site if you do not have any valuable advice at all about trading? You certainly do not have a web site where I can check out your expertise. Are you a bit jealous of real traders? Why? Why not just learn a bit? Just telling someone out of the blue from your internet hideaway, price action, price action may impress someone who has never opened a trading acct in his/her life, but for everyone else it rings kind of empty. That is like someone asking what it takes to learn to be an Olympic Gymnast and some idiot yelling out, good results, good results. Meanwhile check out the Puretick site and view the dozens of videos and learn the setups and psychology we use so one does not have to come off so stupid and say: They only want 7 and 12 ticks of profit and always use 20 pt stops. It is a lot more than that, mistman. Actually if you do our numbers starting with 7 and 12 ticks of profit with a 20 point stop is a very viable method. Do the math people. Take 100 trades. Take 2 contracts. 18 get stopped out for a 20 tick loss. 82 have 1 contract take off with +7 and another +12. See if these simple numbers yield a small profit. Make sure though that not one single trade out of 100 catches a real strong move. Because that would add to your gains. Remember assume a trader is like you Traderzonedout and could not recognize even once if a trade is likely to accelerate in a trend. That is our method. And I am extremely proud of it. Any comments from the peanut gallery? Successfully, Alex L. Wasilewski Co-Founder & Head Trader Trades That Work www.puretick.com 1-877-GOLONG1 (1-877-465-6641)