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Mark, I wish you'd stop being so reasonable. You're setting a good example. :)

And how were they to know that you didn't make it all up? And yet your first response was to ask for it. You may want to think about that.

If he's not selling anything and you're not looking for someone to follow, why not just say Good for you? Well done? Hope you enjoy continued success? It never even occurred to me to call for proof of anything from MarketAddict, much less demand that he provide a "P&L". Instead I thought How...

New to what? The protocol for testing is the same regardless of what he's testing. If he doesn't know the protocol, then, yes, it can take a while. Actually, you haven't, or you wouldn't go on and on with this. You might ask yourself exactly what is the purpose of a trading forum? If it is to...

No, I'm saying that it doesn't take long to evaluate a trading plan. However you spin it, you can either let those experiences go or you can allow them to color the rest of your life. Up to you.

If one is "making claims" and doesn't provide a trading plan, then I'd be inclined to agree with you.

Actually, if one knows how to test, it needn't take more than a few weeks, particularly with replay. You lost a ton of money on a "mentor" who didn't know what he was doing. Your take-away from this has been to demand that anyone who claims any sort of success produce "proof" of his claims. But...

Or provide a trading plan so that anyone who is interested can determine whether or not the approach is worth taking.

I'd rather learn from the market. But then I'm not much of a follower, and the successful millionaire trader is not likely to give me my money back if I follow him and lose money. On the other hand, if he were to provide a written guarantee . . .

And how exactly does knowing someone else's trading results improve one's own unless one knows the trading plan? And if one knows the trading plan, what difference does it make whether someone else or no one else had success with it as one is perfectly capable of finding out for himself?

Niederhoffer blew up twice. What does that prove?

I think about this when reading posts from those who want to know EXACTLY where to enter. Where one enters is largely irrelevant. What matters more is whether or not one wants to be in the trade at all. And determining whether or not one wants to be in the trade entails a bit more thought and...

Trading Messages From Mars

some ancient published promoter/trader named Wyckoff.

If this is a matter of importance to you, I suggest you read this journal beginning with post #77.

A good example of opportunity/time risk.

Was it high enough to trigger yours?

A 2-tick entry is outside my risk tolerance.

Correct. Raschke made the same mistake (though I doubt she sees it that way) as I made a dozen years ago, employing indicators as a translation device to enable interested traders to understand price action. But the result was that readers became so obsessed with the indicators and the settings...

What an enticing prospect.