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Old 02-22-2008, 05:53 AM   #97

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Re: [VSA] Volume Spread Analysis Part II

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Originally Posted by Bearbull »
I sincerely hope, SoulTrader that your trust is not misplaced. The question of discipline etc is relevant when realtime trading with realmoney involving emotions is taking place, hope that is what you observed.
Anyhow the proof of pudding will come when some of the folks from here enroll into the program and emerge to narrate their experiences of whether they were truly enlightened or led up the garden path.

It does not appear to be so from a post by Nick (aka Blowfish) a former mentee elitetrader and Sebastian's comments.
Sure I understand. I have had Joel do 2 webinars for us here. I have not taken his course and mentorship program so do not have a credible review regarding his services.

However, whether a trader seeks mentorship or joins a trading room.... the bottom line is, "The holy grail is YOU." I have found analyzing myself and mistakes & working on my own methods far more helpful than studying other traders.
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Old 02-22-2008, 06:05 AM   #98

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Re: [VSA] Volume Spread Analysis Part II

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Originally Posted by Soultrader »
Sure I understand. I have had Joel do 2 webinars for us here. I have not taken his course and mentorship program so do not have a credible review regarding his services.

However, whether a trader seeks mentorship or joins a trading room.... the bottom line is, "The holy grail is YOU." I have found analyzing myself and mistakes & working on my own methods far more helpful than studying other traders.
Glad you appreciate my point of view, I have no axe to grind, merely making an observation based on the evidence in front of me.

A couple of promotional webinars do not reflect the ability of the presentor/mentor to trade in realtime with realmoney from his own account, and that also not even from a SIMULATED ACCOUNT. There are very few out there who can do that. However for the sum being charged for this program, one would expect that, wouldn't you agree????
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Old 02-22-2008, 06:21 AM   #99

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Re: [VSA] Volume Spread Analysis Part II

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Originally Posted by erierambler »
No chance to change the avatar, but no worries , I don't post that much. The avatar represents my style of trading and is an emotional support to remind me to only take trades when the opportunity arises and not overtrade.
Real spiders kinda give me the shivers too, but I can assure you I don't bite.
good trading
erie
I'm also reminded of Robert the Bruce and the spider. Try try and try again.
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Old 02-22-2008, 06:49 AM   #100

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Re: [VSA] Volume Spread Analysis Part II

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Originally Posted by Soultrader »

However, whether a trader seeks mentorship or joins a trading room.... the bottom line is, "The holy grail is YOU." I have found analyzing myself and mistakes & working on my own methods far more helpful than studying other traders.
Amen Amen Amen. Its quite easy to find the path but following it can be very hard. Seems to me we erect our own barriers, guess its some misplaced protection mechanism. Can a mentor help ? I think so but they need to be focused on this side of things rather than the 'technicals'. Again firstly you must be accountable to yourself however having someone else hold you to account might be valuable for some. Actually a good trading room can perform a similar function a "peer review" type thing. Actually I could just do with someone to kick my arse when I behave foolishly.

You know sometimes I enrol on courses or sign up for study as an excuse not to deal with what needs dealing with. That's a sobering thought.
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Old 02-22-2008, 06:52 AM   #101

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Re: [VSA] Volume Spread Analysis Part II

Quote:
No chance to change the avatar, but no worries , I don't post that much. The avatar represents my style of trading and is an emotional support to remind me to only take trades when the opportunity arises and not overtrade.
Real spiders kinda give me the shivers too, but I can assure you I don't bite.
good trading
erie
Hey no probs, erie. I suppose it's good to be afraid, just like in the mkts.

Start everyday with the fear of having your account wiped out and then trade accordingly to prevent that ever happening.

You never know, one day your spider may decide it's bored and go for a stroll around TLab, if it goes any where near my dog it would most probably be eaten, she is disgusting in what she finds and eats.

Quote:
I'm also reminded of Robert the Bruce and the spider. Try try and try again
Blowish - I also like the Robert the Bruce story. If nothing else, perseverance is definitely required in this game.

Regards
Tawe
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Old 02-22-2008, 08:15 AM   #102

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Re: [VSA] Volume Spread Analysis Part II

Quote:
Originally Posted by BlowFish »
Amen Amen Amen. Its quite easy to find the path but following it can be very hard. Seems to me we erect our own barriers, guess its some misplaced protection mechanism. Can a mentor help ? I think so but they need to be focused on this side of things rather than the 'technicals'. Again firstly you must be accountable to yourself however having someone else hold you to account might be valuable for some.
You know sometimes I enrol on courses or sign up for study as an excuse not to deal with what needs dealing with. That's a sobering thought.
There is no question of seeking for The Holy Grail, mentorship is sought with the trust and belief that the mentor has practical expertise to guide you through both psychological and technical issues, to teach how to identify signals based on price/vol, then how to trade (crucial, crucial, crucial) strategy and tactics of entry, trade management,

If you come out of the program not having learnt how to trade what has that achieved, you find the same in TG Bootcamp and TG customer webinars,

"How you trade is up to you" What if similar teachings were offerred in other fields of uncertainty, diving, flying, even driving, would you take training from somebody who has no proven practical experience and has no ability to show you how it done. Then when being told now it is upto you, would you take off in the plane, or dive into the middle of atlantic, ofcourse not.

As for learning with mistakes, in diving, flying, the first mistake would be the last.
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Old 02-22-2008, 08:23 AM   #103

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Re: [VSA] Volume Spread Analysis Part II

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Originally Posted by thrunner »
Thanks for the video, I think However, we really didn't needed to hear "next slide please" and waited 30 seconds and then "Gavin, did you hear me, next slide please" I don't think we needed to hear "you will make obscenely amount of money" either. There is some truth to what he presented, but this video really has zero technical content as to setups until about 35 minutes into this 41 minute video, and all of that was about following the Tom Williams' Trade Guider indicator.
Thrunner, the video wasn't for 'experts' such as yourself. New people join this thread everyday and are totally new to VSA. I figured it had something of value for them.
But if you've got more advanced material to share we'd love your contribution.
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Old 02-22-2008, 08:44 AM   #104

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Re: [VSA] Volume Spread Analysis Part II

Hi Folks,
I'm new here and am a market student keenly interested in VSA and the Wyckoff method. I trade the ES, and just wanted to say hi (I hope that's OK).

I am reading through VSA Part I - a great thread. I notice that some of Seb Manby's audio links no longer seem to work. Do you all have them stored somewhere here, by chance?
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