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Their videos teach nothing because they have nothing of value to teach. To a newcomer they might look educational but then again how does the newcomer know that the video really has any real substance? The newcomer can't tell the difference. In there lies the true heart of the snake oil...

I assume by people you don't mean trader because a trader should be shorting resistance during downtrends and buying support during uptrends. Depending on one's chart fractal, this could be as close as to 50/50. Daniel

Ive seen plenty of blotters from Black, he does not do 5k net a day regularly with 1 car. He had a great day on Monday, but come on, 7-8% market downtrend, anyone who did not does not understand trading or uses a system that does poorly on trending days, not the case with SCT. Makes me hard...

Wow, this coming from a so called experienced trader is like telling someone to wipe that wound with acid. Terrible advice. I say he takes a loss and learns from the mistake so it does not happen again. Daniel

No one can, the market is composed of millions and millions of bulls and bears anything can happen at any time. Best you can do is establish trends within trends and look for low risk opportunities to ride them. That's why those in the know laugh at those predicting and claim it is only...

This is false, 300 SPY alone is greater than 1 NQ future. 500 SPY = 1 ES so forgive me for working my way up, except than I have scale out options. Mocking someone's trading size speaks volume of your character. What's next, making fun of my humble residence ? Daniel

This is odd, I use IB to trade SPY and I get instant fills and zero hassles. Confused. Daniel

Incredible, you making fun because I trade small size and not the future what are we doing next, comparing penises ? Daniel

I got my shit together, I know what I do and do it quite well, yes using 200-300 Spys (Not even 1 car), so what, but at least I know what Im doing. SCT sparked curiosity, one that ends today. Just because Im curious about something does not mean I need it. Daniel

Every Hershey thread ends the same way. In the end the guy shows up, presents his verbal diarrhea nothing factual is presented, random insults, no conclusion and so it fades until a new one is born. I think I had enough of the SCT attackers and defenders. Waste of time. Daniel

Good advice here. Trading and hoping are two different things. When things go wrong cut the oxygen supply on the position. Daniel

Sorry to hear about your problem. At least you know what to do, I remember the time I could not accept the loss and the red kept growing as I was fully aware of my losing position. Now, that's the real sin. Daniel

I'll show a very simple scalping system that a great trader (Anek) once taught me, takes a bit of preparation in the mornings but it's solid and requires no indicators Don't give in to oscillators, instead learn how to spot key areas of support and resistance and mark them in your charts...

Nkhoi, Because it takes no effort and serves great purpose, incites honesty, accuracy and fairness. It eliminates the possibility of being selective, accentuates the traders pros and cons. Daniel

Exactly, but instead of conveniently selecting them, making it the norm. Daniel

If you use indicators you are going to be very slow and for scalping you need to be fast. Why not just price? Daniel

I'm no expert but it seems the market just wants a test of Dow 10000. Not necessarily that it will hold but after a fight I'm sure it will scare and end up rebounding from there. Unfortunately, probably only temporary. Daniel

Inspirational Neke while posting evidence of returns and all, could not ask for more from your journal. Seen you struggle and seen you succeed and in the end you worked it all out. Congratulations. Daniel

Have you discussed your system anywhere ? Thank you Daniel