Search results

Back in the day the great traders drew their own charts. They traded off the tape.

Ken has a money back guarantee;

How do you define price action?

Take some time to just watch price. Not charts, look at time and sales.

Or a week; You gotta start somewhere and most won't take a week of their time to watch the markets. Just observe, don't try and come up with a strategy, don't guess where price will be next, just watch and see what happens. I'm guessing you never took a week and wrote the price down every 5...

You mean you were not able to do it in a week. Gotta be someone out there that can figure it out in a week.

It's hard not to look forward when you know where the market is today. I guess it depends on what you are back testing. If you have a strategy where you define a set-up and exit criteria you can back test over a known time period to see if the strategy is profitable. I don't see the value in...

The only problem I see with back testing is you already know where the market is when you start. Leads to a bias. The OP asked for a reliable source to learn price action. The best way is to observe price action.

Everyone will eventually have prostate cancer. The only question is will you die with it or from it.

Flash crash. It's happened before.

Spend time watching charts and price as it unfolds. pay attention to where price changes direction. Write down the price every 5 minutes. Don't try to guess where price will go next, just observe what price does and how it reacts to different levels. Do that for a week and then see if you can...

Looks like you're sticking your head in the sand.:D:D

Well I don't really want for anything and I'm grateful for what I have. As I heard in a song somewhere; "The days my gratitude is higher than my expectations, I have really good days."

A way to fund my lifestyle

I'm surprised at so little feedback.

Billions is probably an unreasonable expectation. Do you know anyone with a trading program that isn't making money? We are all concerned about trading against algos and bots, I wonder why?

Or is it possible that everyone isn't billionaires because they can't or won't follow simple rules.

Fear ,Greed and other emotions get in the way. The market plays games with you. Take out stops and reverses; runs away from you when you are looking for an entry; keeps dropping when you give it a little more wiggle room then reverses when you can't stand the pain anymore. Unrealistic...

:thumbsup::thumbsup::thumbsup:

Level two has been like that for years, Before algos the market makers played games. I used tick data when I was daytrading futures. Eventually found that swing trading stocks gave me about the same returns and a lot more time to enjoy life. If I was interested in a trading room like Kens I...