franandtaylor

I don't need to convince anyone of anything. I know how much I make, I know how little time I spend making it. I don't care about sales pitches or other "propaganda", it was it is. If you chose not to believe me, it's no sweat off my nose, I'm not the one busting my ass for making an employer rich. I'm taking the summer off from trading (the S&P 500 gets very quite during this period), but what I'll do is when I resume trading again, I'll record my trading sessions and put them on youtube, just to make my statement about what I do, and how I do it (not that anyone could care less anyway)(I'll even give you my trading plan as well).....and it won't cost you a damn thing.

Say what u want about TI. I make money from it (I trade independantly). I only trade 2 hours a day, anymore than that is a waste of time. Yes, I do wait for the right signal to come up, but it beats working 8 hours plus per day. Quit moaning about companies u don't know and don't give a shit about. It took me a long time to come up with my trading plan as well, and I paid$7500 AUS for the course....in my own personal opinion, money well spent, as I don' need to work for a boss anymore. U can all argue all you like about who is better and who is worse, arguing about it ain't gonna make u money. Find a professional who is already trading and copy them, otherwise GET A LIFE. Over and out.!! PS. On that note, I ain't coming back to this forum, cause all you hear is complaining and whinging about one thing or another. I'm outta here. PPS. Trading is not supposed to be complicated. I trade with two indicators, and I'm make a damn good living from it.

The trading strategy(s) you utilize is completely up to you. Traders International may seem expensive, but you are buying into a BUSINESS. Most businesses cost upward of $100,000 (AUS) to set up (how much do u think it costs to start a simple corner store). On top of that, it is completely liquid, meaning, u can sell it in a short space of time (providing u can find a buyer), something you can't do with a physical business. Not every systems works for everyone. I have tried many other systems and been sorely disappointed, but Traders International works for me (have been with them for over 18 months), but it may not be for you. It is up to you what you decide on. Trading will take time and money, there is no easy way about it. You will have losses and gains, this is fact. If you don't treat trading as a business, don't waste your time, money and effort as you will be sorely disappointed. Find someone who trades for a living (and I don't mean someone who spends every waking moment on a forum or chat room talking about what works and what doesn't) ask them what use, try it out and see if it WORKS FOR YOU. This will take trial and error. I love TI (traders international) and my trading plan based on their system works for me very comfortably, but this took MONTHS of paper trading to get it right. Maybe a good idea to get hold of a copy of Trading in the Zone (Mark Douglas), the information contained therein is priceless. Enough from me, I have money to make and a holiday to take. Good luck and happy trading.

Just two questions for you. 1. Do you still use TI 2. What method do you use I'm not quite there yet, but hoping to soon make trading my living.

Thanks edabreu, I couldn't have said that any better.

Without starting up a slandering war, a few things about TI. Their indicator settings are not something you find plastered all over the internet (I know, I've tried), they certainly do not claim them to be magic, and they improve their indicator(s) on a regular basis. Results always speak for themselves. Checkout http://aus.tradersinternational.com/content/category/10/20/73/ This is their live signal results page. It does cost a bit to join (but hey, you are buying into a BUSINESS to set yourself up financially) but it also depends on how much your willing to invest in your education. As I mentioned in my previous post, the 24/5 room is great. If you want to learn about price action as well, then the pro room can help you out. They have been around for over a decade, and won many awards for their education (They are an educator, not a magic bullet). There are two things we all need to learn before setting out to make money. 1. Your mindset. Without the correct mindset, you'll go no where. 2. Education. Learn what the market is all about. Find someone who trades for a living, and learn from them. There are thousands of free indicators out there, yes, but they aren't going to help you unless you know how to use them in a way that works FOR YOU. I recommend a book called In The Zone by Mark Douglas. This will help with your mindset to begin with. As a final note (because I spend more time learning from a few professionals than I do on a forum), Nothing is ever going to be the "perfect system". What may work for one person, won't necessarily work for another. You need to find out what works for you. I use TI and pulseline trader as these both work for me (2-4 points on the S&P is all I need). A quote from someone I respect in the trading world "It's not what you trade, it's how you trade it".

I know Traders International's system extremely well, I've used it for nearly a year. If you join, I recommend the 24/5 room, I find the moderator a lot more accurate than the pro room moderator, and a lot more enjoyable too. You will find after a good six months of studying and "paper trading" you will be spotting entry signals without even thinking (I can look at a chart and tell you where entry signals are withing seconds.)

Thanks for the indicator. Been after this for some time. By the way, it does work on candlesticks. I had no problem applying it (well, in back testing offline anyway. live will be another story).