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Old 02-19-2007, 10:00 AM
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Re: John Carter's Setups: Legit or Lame?

I think it's difficult to teach someone all you learned and know. He may have simplified it into indicators as a start. I tested the Squeeze myself and not that great. Virtually all his indicators are in the TS forum (if they make them, TS has 'em, it's why I consider TS one of the best platforms around, not the company itself but the user group is very strong). If it were a winner, everyone in TS forum would rich by now (we're talking in thousands here). It's how I started with my mentor, using simple indicator while explaining to me the price action. It's like a baby-walking toy to aid walking upright. Little by little, I moved away from indicator and see the value in price itself. It might what he's doing to simplify market structure. I don't negate he's a great trader, just passing the torch is much more difficult in this game than any other (2 yrs with my mentor and I'm still learning). So a weekend or week with might not be sufficient.

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