Think your confused not the 1 doing that, not my thing. RN doesnt actually trade, yet he pretends to be a pro sad times ( imho awaiting proof otherwise which i suspect will never come )
I have never seen it done, at least not by anyone who is half-convincing that he knows what he's doing, and I'd like to see. You are not comfortable doing it because you are worried about giving people a free edge ? Are your edges as fragile as those belonging to the clueless ?
You folks are worrying about the wrong issue...its old news. Of course most traders fail regardless if they're using fundamentals, news, algos, TA, black box, swing trade, day trade, scalping, horoscope or grandma dinner advice. Stop debating about the obvious facts. Instead, you should be wondering if there are any commonalities amongst the few that are profitable. Everybody can't be profitable...so get over it. Also, not intended towards you, seems kind'uv odd a few saying PA doesn't work but they have talked about elsewhere here at ET forum about their method...a method that's also PA and they say they are profitable...so much contradiction at this forum by the same person(s). :eek: Same old junk debate by those that change their user name...PA doesn't work and then elsewhere they say...I use it and I'm profitable...and then elsewhere they say...its a waste of time. Happy Safe Holidays/Hope all do well when markets are back to full swing on Monday.
I don't think it's a contradiction but rather that people define PA differently, the joy of the english language. Cheers John
Hi EJ, I don't doubt that you have never seen it done, because like me, most/all people wouldn't be prepared to post this information online. It's not about an edge as my whole approach could be described as my edge, but rather that it is private propriatry information and no business will share this information. As I said previously, we all have our own journey, and there are no free rides,. Cheers John
So someone asking to see you call a trade is getting a free ride ? What is the free rider supposed to do then ? Do a copy trade and get rich ? I know of no free rider that stupid. You said your method took 15 years to make. Just 1 call out will give it all away ?
That's why I defined my view regarding what PA is to me. Most people simply don't get the idea to throw everything away and look at the action unfolding in front of them. What is even harder is to then act confidently, laying large sums of money down, even though you don't know what is going to happen next. For me I don't think in terms of money but rather in terms of striving for excellence, although in the back of your mind always lurks the fear of catestropic loss. I've been busted out a couple of times, it's very hard to come back.lol Cheers John