Traders Laboratory - View Single Post - John Carter's Setups: Legit or Lame?
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Old 02-27-2007, 05:24 PM
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Join Date: Feb 2007
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Re: John Carter's Setups: Legit or Lame?

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GCB - Why don't you swing by and give John a shout out? Your home city is a favored spot of mine. I'm a Longhorn and my son's name is Austin, if that lends any insight. Good trading to you both, minetoo and GCB.
Neal,

Thanks. I actually took the 2-week trial at TTM. But Carter was never there, at least not for long. I actually did send him a message. I have thought about doing the mentoring program with him since we live in the same city, but I have a mentor now who is very good and reasonably priced.

(Another thing Carter doesn't tell us is how he decides which signals to take. Although he is very rigid in his rules, he doesn't give us his rules for why he might, say, favor pivot plays over squeeze plays. But I'm sure that's just discretion on his part. But he doesn't tell us how he decides.)

Basically, this thread has verified what I figured: that the indicators are just ways of getting signals that you can get in other ways. The real meat of trading is being able to read the market pulse and go with it, and be able to jump back in after being stopped out, even in the opposite direction.

Good trading to you, too!


Last edited by GCB; 02-27-2007 at 05:28 PM.
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