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sillykiddo

Feltontrading Method

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Roger Felton was the original room moderator at Trader's international. I looked at his new Felton trading and it appears a improved upon the Trader's International system. Roger is a pretty good teacher, very pleasant and helpful. A few folks became successful traders using the TI method, as far as I could determine, but most drifted away to other methods (me) or dropped out altogether. I suppose that is not so much a commentary on that one particular system, but trading in general.

 

Cybrbrdr

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I sat in his real time trading room for a few days and was impressed with his trading. His system I can't say was that great or maybe I did not completely understand it. But, he would call out trades in real time that were generally very good. The problem is he seemed to be calling out trades based on his experience as a trader and not based 100% on his rules. So he does have skill as a trader. He would call out a trade and the market would often do what he said it would do, so I was impressed with his trading skill. I took the TI course with Roger 5 or 6 years ago when he was a teacher for TI. I left TI very quickly because even as a newbie I could see it was BS. They always had a little nuance as to why this did not work. TI is crap, they would have to show me 10 days of real time trading, making real time calls before I would believe it has become something of value. To bad for me, it cost me lots of money for nothing. Felton left TI and started his own gig and I just learned about this in the past 6 months and that is when I sat in his room on his one week free trial. I did not sign up for his course because it is expensive and I don't have the money at this time. Five years ago I might have paid it, but I am no longer a newbie and I also know about TL now. Way back when I did not know about these forums where you could ask people about their advice and it has cost me money. I am in no way associated with Felton, I am just a unsuccessful trader who has tried various methods over the past 6 years in the quest of becoming a consistent $100 per day profit trader. If you PM me I can tell you other methods I have tried unsuccessfully. Everyone always says look at the charts. Well I would love to find a real time trading room with voice and charts where the trader calls out trades in real time based on the chart and walks you through the logic of what the chart is telling you at that time and why you are going long or short. I understand not every trade will work, it would just be a great educational experience. I would not be in the room to piggy back tdes or fish. But, I would be there to learn how to fish. I teach tennis and most tennis players are hackers(bad players) because they never paid an instructor to teach them the basics of how to hit the ball. All good tennis players took lessons from a teaching pro. There is not one professional tennis player on the tour who is self taught. They all took tennis lessons from a pro as a kid. I am not sure why trading does not have any legitimate educational sites taught by seasoned pro's. My tennis student's watch me hit the tennis ball and right away they can see that I am a very good player and know what I am talking about. Not sure if this helps, still searching! Best of luck and if you end up taking a course come back and tell us the truth about it. We can eliminate the fraud people by exposing them.

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Hello GCGecko,

 

Google Shay Horowitz. He has begining and advanced trading rooms, live during the market. The beginning room teaches and calls out trades live for a small monthly fee.

 

I personally attended Online Trading Academy and have access to their mentors. Kind of pricey, but so is blowing up your account.

 

For a very good trading course and techniques, I recommend Top Dog Trading, with Dr. Barry Burns. He's having a 50% off sale on right now. Both of his courses for $300. Well worth it.

 

I'm also using a software tool called Trendline Trader. First two months are free, then $99 a month after that. Obey the rules, and it works very well.

 

If you want some killer position trades, I recommend you go to Delta Society and subscribe to Dick Wiszotsky's stock service. $30 per month and you'll not find a better service anywhere. Welles Wilder founded Delta Society.

 

Hope this helps.

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Hello GCGecko,

 

Google Shay Horowitz. He has begining and advanced trading rooms, live during the market. The beginning room teaches and calls out trades live for a small monthly fee.

 

I personally attended Online Trading Academy and have access to their mentors. Kind of pricey, but so is blowing up your account.

 

For a very good trading course and techniques, I recommend Top Dog Trading, with Dr. Barry Burns. He's having a 50% off sale on right now. Both of his courses for $300. Well worth it.

 

I'm also using a software tool called Trendline Trader. First two months are free, then $99 a month after that. Obey the rules, and it works very well.

 

If you want some killer position trades, I recommend you go to Delta Society and subscribe to Dick Wiszotsky's stock service. $30 per month and you'll not find a better service anywhere. Welles Wilder founded Delta Society.

 

Hope this helps.

 

Do you use the default settings on Trendline Trader or have you tweaked them?

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GCGecko,

I appreciate your commentary. An associate of mine pointed me to felton trading, but he has very deep pockets. I, like you, do not. I have taken many courses in trading (stocks, options, not futures). My results have been horrible in the past, but I haven't given up. I believe you have to discover your weakness, then work on it, always have a plan. Money mgmt is key. I have gone from being a consistent loser to making minimal gains. Painful lessons, but we all go through it.

I have tried a new technique. Only works with low commissions (under $5 per round trip).

Just look for relative tops (off 1 min) and bottoms and try to grab just 1/2 pt (e-mini just $25). You should hit almost 100%, but risk reward has to be at least 1:1, maybe 1:2.

Do it enough times per day and you can make a pretty good living. My theory that it will almost always move a 1/2 pt in your direction when it reaches a consolidation point.

I use the MACD histogram with the charts, and keep in simple.

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GCGecko,

I appreciate your commentary. An associate of mine pointed me to felton trading, but he has very deep pockets. I, like you, do not. I have taken many courses in trading (stocks, options, not futures). My results have been horrible in the past, but I haven't given up. I believe you have to discover your weakness, then work on it, always have a plan. Money mgmt is key. I have gone from being a consistent loser to making minimal gains. Painful lessons, but we all go through it.

I have tried a new technique. Only works with low commissions (under $5 per round trip).

Just look for relative tops (off 1 min) and bottoms and try to grab just 1/2 pt (e-mini just $25). You should hit almost 100%, but risk reward has to be at least 1:1, maybe 1:2.

Do it enough times per day and you can make a pretty good living. My theory that it will almost always move a 1/2 pt in your direction when it reaches a consolidation point.

I use the MACD histogram with the charts, and keep in simple.

 

hi can u explain your method a little bit?

thanks

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Hi Sillykiddo

Yes, happy to explain as best I can. I use the 1 minute chart with volume, and the MACD histogram. I wait till at least 10AM (or till the markets settle), then start watching the action of the chart. Let's say the markets start down (dow, nasdaq, S&P). I look to go short. I am then looking for relative resistance. As the chart (I use OHLC bars) ascends, and the MACD histogram climbs (like scaling a mountain), I wait for it to top out (2-3 bars going to highest pt, 3rd a little lower). I look at the chart of ES - it has, at the same time, reached a high. Usually it has bounced a couple times off a top and opened the next bar slightly lower. I look to place a limit order at or just below the top of that 3rd bar. Set a target of 1/2 point (25), and a stop just above the top of the first two bars.

If it picks up the order, it will usually hit a 1/2 pt quickly before it retraces to take out your stop.

Remember, it's all in the percentage winners vs losers. I am now paying (with my current broker) $21 per round trip - this strategy won't work to give you any meaningful income.

Hope that was clear - if you have any ideas or suggestions of your own, please share.

THanks

Bob

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My 2 cents on the original question about Felton Trading.

 

Traders International - somebody here says Roger Felton was a former moderator there. Googling Traders International reveals a rather LARGE amount of scam warnings. Could be wannabe traders who didn't make it and blame everyone else, but I'd much more believe it's pure snake oil. They are charging $7000 per member.

 

To me, a former employee going and creating a company on his own, doing the same things, means one thing only - he saw how easy is to make a sheetload of money while not knowing how to trade, just putting in some swings, some EMAs and talking about it all day long. He saw how easy this is and became greedy because he didn't want to see all the money go into the TI's head's pockets. So he created his own firm doing just the same, asking about the same amount of money (around $6500 I believe). This is not unusual for employees of ANY company - doesn't have to be trading related.

 

To me, because of the reasons stated, Felton sounds like a heck of a snake oil and thus I'd rather stay away from it.

 

Somebody mentioned here - there's no shortcuts, you've got to spend time with the charts (a LOT OF TIME). While there's so much more behind this one sentence, that by just reading it it won't help anyone, I believe it's true.

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I sat in his real time trading room for a few days and was impressed with his trading. His system I can't say was that great or maybe I did not completely understand it. But, he would call out trades in real time that were generally very good. The problem is he seemed to be calling out trades based on his experience as a trader and not based 100% on his rules. So he does have skill as a trader. He would call out a trade and the market would often do what he said it would do, so I was impressed with his trading skill. I took the TI course with Roger 5 or 6 years ago when he was a teacher for TI. I left TI very quickly because even as a newbie I could see it was BS. They always had a little nuance as to why this did not work. TI is crap, they would have to show me 10 days of real time trading, making real time calls before I would believe it has become something of value. To bad for me, it cost me lots of money for nothing. Felton left TI and started his own gig and I just learned about this in the past 6 months and that is when I sat in his room on his one week free trial. I did not sign up for his course because it is expensive and I don't have the money at this time. Five years ago I might have paid it, but I am no longer a newbie and I also know about TL now. Way back when I did not know about these forums where you could ask people about their advice and it has cost me money. I am in no way associated with Felton, I am just a unsuccessful trader who has tried various methods over the past 6 years in the quest of becoming a consistent $100 per day profit trader. If you PM me I can tell you other methods I have tried unsuccessfully. Everyone always says look at the charts. Well I would love to find a real time trading room with voice and charts where the trader calls out trades in real time based on the chart and walks you through the logic of what the chart is telling you at that time and why you are going long or short. I understand not every trade will work, it would just be a great educational experience. I would not be in the room to piggy back tdes or fish. But, I would be there to learn how to fish. I teach tennis and most tennis players are hackers(bad players) because they never paid an instructor to teach them the basics of how to hit the ball. All good tennis players took lessons from a teaching pro. There is not one professional tennis player on the tour who is self taught. They all took tennis lessons from a pro as a kid. I am not sure why trading does not have any legitimate educational sites taught by seasoned pro's. My tennis student's watch me hit the tennis ball and right away they can see that I am a very good player and know what I am talking about. Not sure if this helps, still searching! Best of luck and if you end up taking a course come back and tell us the truth about it. We can eliminate the fraud people by exposing them.

 

Progress in sports is measurable. You can break down the elements of play and develop each piece to perfection. If you are willing to put the time into it, you can achieve expert level. The average for reaching "expert level" is 10 years. Trading is not completely different, but it is different.

 

Not all great tennis players are good coaches and not all great coaches were good tennis players. Great coaches know how to get you to achieve your potential. They don't necessarily have to be able to play the game well themselves. The same is true in anything you do. Your coach should be a person you trust who can get inside of you and help you achieve the goals you want to achieve.

 

Not to say that there aren't hucksters out there. There probably are. But I wouldn't judge someone simply by if he made money while you were there for a free trial. No one can help you turn the market into an ATM. Trading doesn't work that way.

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I took his trial to his trading room. What was very intriguing to me was his goal of making $1000 trading two contracts. From the little I have been in the room, he appears to hit that target, which I find pretty extraordinary compared to other rooms I have visited or briefly joined.

 

Without taking his course, I did not understand the trade signals he was following but left pretty impressed that he and his partner moderator could get the kind of profits that they did. Felton is easy to listen to and pretty entertaining with his Texas mannerisms and colloquialism.

 

Felton appears to have developed a winning system, at least from the little I have observed.

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My 2 cents on the original question about Felton Trading.

 

Traders International - somebody here says Roger Felton was a former moderator there. Googling Traders International reveals a rather LARGE amount of scam warnings. Could be wannabe traders who didn't make it and blame everyone else, but I'd much more believe it's pure snake oil. They are charging $7000 per member.

 

To me, a former employee going and creating a company on his own, doing the same things, means one thing only - he saw how easy is to make a sheetload of money while not knowing how to trade, just putting in some swings, some EMAs and talking about it all day long. He saw how easy this is and became greedy because he didn't want to see all the money go into the TI's head's pockets. So he created his own firm doing just the same, asking about the same amount of money (around $6500 I believe). This is not unusual for employees of ANY company - doesn't have to be trading related.

 

To me, because of the reasons stated, Felton sounds like a heck of a snake oil and thus I'd rather stay away from it.

 

Somebody mentioned here - there's no shortcuts, you've got to spend time with the charts (a LOT OF TIME). While there's so much more behind this one sentence, that by just reading it it won't help anyone, I believe it's true.

 

It seems no matter how many times I try to correct the record, people still choose to believe what they want to believe and let the facts be damned. Practically everything you have stated is factually incorrect except the last paragraph.

 

I was contracted to work for Traders International from it's inception for a period of 5 years. I was never an employee at any time. I built their method according to what they wanted and all of their training materials. They only wanted divergence, thus it was a counter-trend system only. When the contract expired, I left TI when they were well respected and enjoyed an impeccable reputation. What's wrong with that?

 

After I left, they changed everything and not necessarily for the best, in my opinion. All of the problems and complaints that happened at TI happened after I left many years ago. Why am I responsible for any decisions they made after I was no longer associated with them?

 

I started my own company because I wanted to teach a robust system that worked in any market condition and was coded into a software program that identified the exact trades that I would choose if I were standing there calling them out. I only taught that which I discovered or was already public domain. Nothing was done that wasn't agreed to from the very beginning.

 

So, from this, you people decide that I'm selling snake oil when none of you have the slightest idea of what I do? So you simply make stuff up. Making a sheetload of money, am I? Well not from teaching, I can assure you. Our student base is very limited by design and pays the salaries of my programmer, Trading Psychologist (Trader Coach) and my co-moderator. That's it. Nothing left. In return I sacrifice most of my evenings and many of my weekends helping other traders. Easy, huh? You wouldn't do it unless you loved helping others more than just about anything. Can't trade, huh? How the heck do you think I pay the bills?

 

I know none of this is anyone's business but mine. I also know it will not change anybody's mind about me. It appears doubtful that I'll ever meet a friendly soul in this cesspool of jealousy and resentment. You will continue to take out your frustrations on me and people like me. So, why do I take the time to set the record straight? I wish the hell I knew.

Edited by Roger Felton

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I took his trial to his trading room. What was very intriguing to me was his goal of making $1000 trading two contracts. From the little I have been in the room, he appears to hit that target, which I find pretty extraordinary compared to other rooms I have visited or briefly joined.

 

Without taking his course, I did not understand the trade signals he was following but left pretty impressed that he and his partner moderator could get the kind of profits that they did. Felton is easy to listen to and pretty entertaining with his Texas mannerisms and colloquialism.

 

Felton appears to have developed a winning system, at least from the little I have observed.

 

Thanks mbhsi. Although I don't recognize who you are, I appreciate any honest feedback ,positive or negative, from traders who know at least a little about me before passing judgment. The trading room is open to anyone who cares to visit. If you wish to understand the trade signals I have created, just PM me and we can get together and go over the charts. It's not complicated and you'll learn a lot.

 

I must caution you that many here are very closed-minded so be prepared to be called a shill (they like to use that word a lot). But your honest sentiments are appreciated.

Edited by Roger Felton

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I sat in his real time trading room for a few days and was impressed with his trading. His system I can't say was that great or maybe I did not completely understand it. But, he would call out trades in real time that were generally very good. The problem is he seemed to be calling out trades based on his experience as a trader and not based 100% on his rules. So he does have skill as a trader. He would call out a trade and the market would often do what he said it would do, so I was impressed with his trading skill. I took the TI course with Roger 5 or 6 years ago when he was a teacher for TI. I left TI very quickly because even as a newbie I could see it was BS. They always had a little nuance as to why this did not work. TI is crap, they would have to show me 10 days of real time trading, making real time calls before I would believe it has become something of value. To bad for me, it cost me lots of money for nothing. Felton left TI and started his own gig and I just learned about this in the past 6 months and that is when I sat in his room on his one week free trial. I did not sign up for his course because it is expensive and I don't have the money at this time. Five years ago I might have paid it, but I am no longer a newbie and I also know about TL now. Way back when I did not know about these forums where you could ask people about their advice and it has cost me money. I am in no way associated with Felton, I am just a unsuccessful trader who has tried various methods over the past 6 years in the quest of becoming a consistent $100 per day profit trader. If you PM me I can tell you other methods I have tried unsuccessfully. Everyone always says look at the charts. Well I would love to find a real time trading room with voice and charts where the trader calls out trades in real time based on the chart and walks you through the logic of what the chart is telling you at that time and why you are going long or short. I understand not every trade will work, it would just be a great educational experience. I would not be in the room to piggy back tdes or fish. But, I would be there to learn how to fish. I teach tennis and most tennis players are hackers(bad players) because they never paid an instructor to teach them the basics of how to hit the ball. All good tennis players took lessons from a teaching pro. There is not one professional tennis player on the tour who is self taught. They all took tennis lessons from a pro as a kid. I am not sure why trading does not have any legitimate educational sites taught by seasoned pro's. My tennis student's watch me hit the tennis ball and right away they can see that I am a very good player and know what I am talking about. Not sure if this helps, still searching! Best of luck and if you end up taking a course come back and tell us the truth about it. We can eliminate the fraud people by exposing them.

 

This is a really good post. You understand trading for what it is and I have no doubt that you will do well if you keep at it and find a good dedicated mentor to help you along the way.

 

It's unfortunate that you did not ask me to spend some time with you to understand how I trade and teach. Believe me, if I ever took trades or did anything for that matter that was not completely in line with what I teach, my students would have screamed at me. Instructors can't teach one thing and then do another or they won't be teaching very long.

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This is a really good post. You understand trading for what it is and I have no doubt that you will do well if you keep at it and find a good dedicated mentor to help you along the way.

 

It's unfortunate that you did not ask me to spend some time with you to understand how I trade and teach. Believe me, if I ever took trades or did anything for that matter that was not completely in line with what I teach, my students would have screamed at me. Instructors can't teach one thing and then do another or they won't be teaching very long.

 

History has proven the reverse is true.

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My 2 cents on the original question about Felton Trading.

 

Traders International - somebody here says Roger Felton was a former moderator there. Googling Traders International reveals a rather LARGE amount of scam warnings. Could be wannabe traders who didn't make it and blame everyone else, but I'd much more believe it's pure snake oil. They are charging $7000 per member.

 

To me, a former employee going and creating a company on his own, doing the same things, means one thing only - he saw how easy is to make a sheetload of money while not knowing how to trade, just putting in some swings, some EMAs and talking about it all day long. He saw how easy this is and became greedy because he didn't want to see all the money go into the TI's head's pockets. So he created his own firm doing just the same, asking about the same amount of money (around $6500 I believe). This is not unusual for employees of ANY company - doesn't have to be trading related.

 

To me, because of the reasons stated, Felton sounds like a heck of a snake oil and thus I'd rather stay away from it.

 

Somebody mentioned here - there's no shortcuts, you've got to spend time with the charts (a LOT OF TIME). While there's so much more behind this one sentence, that by just reading it it won't help anyone, I believe it's true.

 

No,you got it all wrong..Roger wants to help you for free..said it himself.and personally speaking,i would tend to believe every word that comes out of his mouth even though,as he says,we don't know a thing about him...:roll eyes:

Edited by MadMarketScientist
no personal attacks

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If you want profitable strats you have to work out their logic on your own. If you're unable to get started or totally lost for where to begin then it's worthwhile perusing message boards but the best ideas are freely offered and it does not take much of an idea to get started. The quality of ideas is secondary to the success of the formulas you write. Success depends on your ability to work through logic and understand the edge your components offer over anything else you could use in their respective place. It is better to go down the list of everything than to emphasize something associated with your favorite traders.

 

Purchased mentoring goes against success. It sets up a cycle of looking outside your chart. A valuable filter of the worth of external ideas is the simple ability to differentiate what is sold or taught from someone casually sharing trades. Trading is not taught, it is leaked. Stuff that's leaked isn't enough on it's own because strats adapt to leaks or they're turned off. If you find reasonably good traders sharing ideas it is at best just seeds to explore. Their value on their own is just about worthless.

 

Avoid the huckster. Trading is not taught.

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If you want profitable strats you have to work out their logic on your own. If you're unable to get started or totally lost for where to begin then it's worthwhile perusing message boards but the best ideas are freely offered and it does not take much of an idea to get started. The quality of ideas is secondary to the success of the formulas you write. Success depends on your ability to work through logic and understand the edge your components offer over anything else you could use in their respective place. It is better to go down the list of everything than to emphasize something associated with your favorite traders.

 

Purchased mentoring goes against success. It sets up a cycle of looking outside your chart. A valuable filter of the worth of external ideas is the simple ability to differentiate what is sold or taught from someone casually sharing trades. Trading is not taught, it is leaked. Stuff that's leaked isn't enough on it's own because strats adapt to leaks or they're turned off. If you find reasonably good traders sharing ideas it is at best just seeds to explore. Their value on their own is just about worthless.

 

Avoid the huckster. Trading is not taught.

 

Interesting philosophy. Perhaps one of these days someone will explain why, of all the learned skills one can choose as a career, trading is the only one that can't be taught. And, while they're at it, explain why it's ok for instructors in every other field from welding to engineers to pilots and doctors can charge a fee, but trading educators who can and do produce successful students should be vilified if they charge anything for their talent and teaching skill. Sorry, but your argument makes no sense.

 

Good traders sharing ideas, the "seeds" you speak of, generally serve only to confuse those who are struggling to find the best path to follow. They get the "seeds" but no soil or water (instruction). They are hit with Fibonacci one day and Elliot Wave the next. Then it's Murrey Math and Market Profile. Of course we cannot complete our "self-taught education" without an in-depth study of Gann and Astrology Trading and a thousand other worthless loads of crap and nonsense. How many of these well-meaning "good traders" playing Johnny Appleseed will spend hours with these struggling traders practically every night and give up most of their weekends to make these "seeds" take root into something that will work for them? The answer is "NONE". No wonder traders come to me with their accounts in shambles and their confidence in shreds.

 

Any teacher worth their mouse pointer won't try to peddle one single cookie cutter way to trade. Every trader is different. A trend trader isn't going to do very well with scalping tactics and vice versa. There are 200 ways to win and 20,000 ways to lose in this game and what works for one trader will nearly always require tweaking to work for another. Where do you start? What do you tweak and why? That's the job of a mentor. To open paths that won't dead end and help traders sort out their bad habits and toss the useless junk they are trying to use just because they paid for it. A mentor's job is to help trader's get where they want to go in the shortest period of time and suffer the least amount of losses in the process.

 

To say that trading cannot be taught is absurd. It most definitely can. But not one single method and not one single way. And certainly not every trader is qualified to handle the job. Any teacher/mentor that can't save a trader at least 10 times what they would lose in the market doing what they've been doing should get out of the business.

Edited by Roger Felton

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* * *

 

To say that trading cannot be taught is absurd. It most definitely can. But not one single method and not one single way. And certainly not every trader is qualified to handle the job. Any teacher/mentor that can't save a trader at least 10 times what they would lose in the market doing what they've been doing should get out of the business.

 

Can trading be taught? Probably.

 

Can everyone be taught to trade? Nope.

 

Can anyone who doesn't know how to trade teach trading? Nope.

 

Can everyone who does know how to trade teach trading? Nope.

 

Does a person who can trade need money from fees or sales? NOPE.

 

Does a person who can trade waste time teaching knuckleheads all day for free or some piddling fee? HELL NO.

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Interesting philosophy. Perhaps one of these days someone will explain why, of all the learned skills one can choose as a career, trading is the only one that can't be taught.And, while they're at it, explain why it's ok for instructors in every other field from welding to engineers to pilots and doctors can charge a fee, but trading educators who can and do produce successful students should be vilified if they charge anything for their talent and teaching skill. Sorry, but your argument makes no sense.

 

Good traders sharing ideas, the "seeds" you speak of, generally serve only to confuse those who are struggling to find the best path to follow. They get the "seeds" but no soil or water (instruction). They are hit with Fibonacci one day and Elliot Wave the next. Then it's Murrey Math and Market Profile. Of course we cannot complete our "self-taught education" without an in-depth study of Gann and Astrology Trading and a thousand other worthless loads of crap and nonsense. How many of these well-meaning "good traders" playing Johnny Appleseed will spend hours with these struggling traders practically every night and give up most of their weekends to make these "seeds" take root into something that will work for them? The answer is "NONE". No wonder traders come to me with their accounts in shambles and their confidence in shreds.

 

Any teacher worth their mouse pointer won't try to peddle one single cookie cutter way to trade. Every trader is different. A trend trader isn't going to do very well with scalping tactics and vice versa. There are 200 ways to win and 20,000 ways to lose in this game and what works for one trader will nearly always require tweaking to work for another. Where do you start? What do you tweak and why? That's the job of a mentor. To open paths that won't dead end and help traders sort out their bad habits and toss the useless junk they are trying to use just because they paid for it. A mentor's job is to help trader's get where they want to go in the shortest period of time and suffer the least amount of losses in the process.

 

To say that trading cannot be taught is absurd. It most definitely can. But not one single method and not one single way. And certainly not every trader is qualified to handle the job. Any teacher/mentor that can't save a trader at least 10 times what they would lose in the market doing what they've been doing should get out of the business.

 

Is this some kind of magic act? You appear to be Rande.Are you a trader,a mentor a psychologist,all of them or none of them?

Typically with smoke and mirrors,there's just enough semi believable words and phrases in the above post to fool the beginner ,,,but of course,you know that don't you?

I'll bet the million dollars you don't have that you never made one cent trading a market.

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Odds favor random study of anything instead of paid mentoring. By their nature, viable methods are excluded from all sets, everywhere, at all times. And especially excluded from paid mentoring. Insight into priceless trading skills is logically distant from anything with a fee. Giving time to any vendor is likely limiting yourself to non-viable methods. Participating in free trials is just as much misplaced effort.

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Wow,what can i say Onesmith? you really appear to be yet another "narrow minded","know it all" "bitter individual" In future i suggest you suspend your natural tendency to call a spade a spade,because it upsets Roger.You see,Roger thinks he's entitled to promote his business under the guise of giving his time free without any comment from morons like you and me.It's not personal,it's just business,vendor business,don't worry,nothing to do with trading,gotta let a guy earn an "honest" crust.

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  • Topics

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    • Date : 25th April 2018.

      MACRO EVENTS & NEWS OF 25th April 2018.



      FX News Today

      European Outlook: 10-year Bund yields are down -0.4 bp at 0.623% in early trade, the 2-year is down -0.5 bp at -0.5685. 10-year Treasury yields pierced the 3% mark overnight, but have fallen back slightly to currently 2.998%, while yields moved broadly higher in Asia with the 10-year JGB up 1.2 bp at 0.054%. Stock markets headed south in Asia, following a weak close in the U.S. with concerns about the earnings outlook amid warnings on profit outlooks hit sentiment. With a lack of key data releases in Europe today the focus is on the ECB meeting tomorrow, where Draghi will likely see through the recent run of weak confidence data to keep the ECB on course to end net asset purchases by the end of the year, but repeat once again that inflation is not yet on a sustainable path higher, which means the ECB is not ready to commit just yet.

      FX Update: USDJPY lifted back above 109.00 from yesterday’s correction low at 108.54, but has so far left yesterday’s 10-week peak at 109.20 untroubled. Ditto for EURJPY. Stock markets in Asia have been broadly lower following declines on Wall Street, with investors digesting higher yields — the 10-year T-note finally touched the 3.0% level (and first time here since early 2017) — and doubts about earnings growth. The USA500 closed out yesterday with a 1.3% loss, while the Nikkie 225 was showing a 0.3% loss in the late PM Tokyo session. This backdrop has likely curtailed yen selling, according to market narratives. In data, Japan’s February industry activity index came in with 0.4% m/m growth, slightly below the median forecast for 0.5%. USDJPY has been trending higher for a month now, from sub-105.00 levels. The dynamic has been concomitant with rising U.S. yields, with looser fiscal policy having given added underpinning to Fed tightening expectations. This comes with the BoJ continuing to peg JGB 10-year yields near 0.0%. Demand for foreign assets by Japanese life insurers has been a factor propping USDJPY up so far in the new fiscal year, while an abatement in concerns about trade tensions and cooling relations on the Korean peninsular have also been in the mix. Overall, we advise following the trend in USDJPY for now. Support comes in at 108.40-42.

      Charts of the Day



      Main Macro Events Today
        Credit Suisse Economic Expectations Crude Oil Inventories – Expectations – -2.043M Barrels from -1.1M last week BOC Gov Poloz & Wilkins speech – Poloz and Wilkins appear before the Senate Standing Committee on Banking, Trade and Commerce on Wednesday. Support & Resistance Levels



      Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

      Please note that times displayed based on local time zone and are from time of writing this report.

      Click HERE to access the full HotForex Economic calendar.

      Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!

      Click HERE to READ more Market news. 


      Stuart Cowell
      Senior Market Analyst
      HotForex


      Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • $DXCM (DXCM) DexCom stock top of range breakout watch above 75.61,



      analysis http://chart.st/DXCM
       
    • Date : 24th April 2018.

      MACRO EVENTS & NEWS OF 24th April 2018.



      FX News Today

      European Outlook: Asian markets moved mostly higher overnight, following on from a positive session on Wall Street and amid ongoing USD strength with a weaker Yen underpinning a 0.75% rise in the Nikkei. The Hang Seng is up 0.94%, the CSI 300 rallied 1.75% amid speculation that the government is considering easing some policies put in to limit the credit boom. The absence of any negative news on the trade front seems to have given stock markets some breathing space and U.S. futures are also up in tandem with U.K. futures. Oil prices are also up and the front end Nymex future is trading at USD 69.14 per barrel. For now though bonds are getting a boost and stock markets are also higher, with most European futures posting gains in tandem with U.S. futures and after a positive session in Asia. Today’s calendar focuses on confidence data out of France, Germany and the U.K.. The U.K. also has public finance data and Germany auctions 2-year Schatz notes.

      FX Update: The dollar posted fresh highs against the euro and yen, and many other currencies after a bout of demand in Asia, which extending a broad rally the greenback has been seeing against for over a week now. The narrow trade-weighted USD index (DXY) posted its highest level since the first week of January, at 91.07. EURUSD logged a 10-week low at 1.2184, though euro demand has subsequently fuelled a rebound to the 1.2220 area. USDJPY lifted for a sixth consecutive session, making a 10-week high at 108.87. EURJPY is also firmer, though has so far remained below the two-month high it saw last week. The gains in USDJPY have been concomitant with the U.S. T-note yield nearing the 3.0% level, which has been generating headlines, which comes with the BoJ continuing to peg JGB 10-year yields near 0.0%. The Nikkei 225 closed 0.86% for the better, more than reversing the moderate loss seen yesterday. North Korea’s Kim said that he would be willing to accept IAEA inspections of nuclear facilities.

      Charts of the Day



      Main Macro Events Today
        German IFO – The German Ifo business confidence indicator, due Tuesday, comes in a new format this month, which includes the services sector now. For the new indicator a dip is expected to 102.8 from 103.2, and a decline in the expectations reading to 99.5 from 100.1 in the previous month. However, after the better than expected PMI readings there is a bias to the upside to the numbers. In any case, we don’t expect the April round of survey indicators to really change the outlook for the ECB, which is seen on hold this week, with officials seeing scope to leave the final decision on the future of the QE program open until July, when the risks to the global outlook may have become a bit clearer and the decision is becoming urgent. UK Public Borrowing – Expectations – at 1.6B pounds from -0.272B pounds last month. US Consumer confidence – likely declined to 126.0 in April, from March’s 127.7. US New home sales – expected to rise to 0.630 mln in April from 0.618 mln in February. Support & Resistance Levels



      Always trade with strict risk management. Your capital is the single most important aspect of your trading business.

      Please note that times displayed based on local time zone and are from time of writing this report.

      Click HERE to access the full HotForex Economic calendar.

      Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!

      Click HERE to READ more Market news. 


      Andria Pichidi
      Market Analyst
      HotForex


      Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • Addendum:
      http://www.thedailybell.com/news-analysis/if-you-limit-any-free-speech-this-is-what-you-get/  
      ...
      Anar  Chicagoans, etc, etc, -  wake up !
      This -> https://www.mintpressnews.com/cheran-mexicos-indigenous-community-that-rebelled-against-narcos-thieves-and-politicians-and-won/240979/
      instead of this -> http://massprivatei.blogspot.com/2018/04/smart-city-projects-are-really-police.html
       
    • $WD (WD) Walker & Dunlop stock nice bull flag breakout watch,



      analysis http://chart.st/WD
       
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