Anyone have any experience with "Landshark Capital"

Let me save you some time and money. When scalping, you are competing against powerful machines and an army of quants. There is absolutely no way for an individual like you to be successful at scalping.
Have you looked at position trading? Realistically that is the only way individuals can make a lot of money.
 
maxinger said:
I have attended about 10 paid trading courses.

Out of these 10 trading coaches, 7 of them were
unsuccessful hopeless failed traders.
Of course, during those times, I couldn't tell whether
they were successful or con traders.
They are now hiding in don't-know-where.
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Why do failed traders teach? Don't they have any integrity? Is it incompetence or are they all just robber barons? I don't know if I could stomach knowingly selling someone else shit. Aren't they worried people will come after them? I would like to think they are just so moronic that they don't know they're unsuccessful.
 
Jack1960 said:
Let me save you some time and money. When scalping, you are competing against powerful machines and an army of quants. There is absolutely no way for an individual like you to be successful at scalping.
Have you looked at position trading? Realistically that is the only way individuals can make a lot of money.
More...

What exactly do you mean by scalping? Are we talking the next few ticks, points, or the next 15 minutes to the next hour?

If I'm trading ES are we talking 4 ticks, 4 points, or 12 points? I'm the guy trying to aim for 12 on some sort of large intraday swing between major areas of liquidity.

By position do you mean holding for multiple days?
 
BartSimpson said:
What exactly do you mean by scalping? Are we talking the next few ticks, points, or the next 15 minutes to the next hour?

If I'm trading ES are we talking 4 ticks, 4 points, or 12 points? I'm the guy trying to aim for 12 on some sort of large intraday swing between major areas of liquidity.

By position do you mean holding for multiple days?
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Those parameters are always based on the market's volatility. If you set your limits on stone they will not work as you are expecting. 4 points might be ok for a slow market but try to scalp with that during the rush hour on ES, you will be stopped most of the time.

You said that you got down most of the fundamentals of trading and now you are asking what a position is?
Do not even try scalping, that is not for you.
 
ANYONE who's selling services with possibly a very, very select few exceptions (I don't know anyone except say a few successful traders who wanted to write a book) is only out to TAKE YOUR MONEY and will never make you a successful trader.

Maybe check out Tom Hougaard (not an endorsement as I have not checked him out myself in detail) who's actually making a living from trading and runs a trading room for FREE.
 
I do not understand this concept "If they are selling courses, they are not making money trading". Probably is true for plenty of scammers, but if that is your logic, you will never find a good course - the one actually worth paying for. Also with such courses - the value is in the forums/communities.

Once you have an edge, a profitable strategy, why on the earth would you be more credible if you are giving it out for free? The more people that hear about it, the more likely it is that you will lose the edge.

Implies to me that trading knowledge is worth less than other knowledges?
 
Tradess0610 said:
I do not understand this concept "If they are selling courses, they are not making money trading". Probably is true for plenty of scammers, but if that is your logic, you will never find a good course - the one actually worth paying for. Also with such courses - the value is in the forums/communities.
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Show us one such course and prove us wrong.
 
Tradess0610 said:
What is your alternative apart from paying for a course?
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Learning from the market, i.e., back-testing/back-checking price history both past and present and continuously studying how the market actually works and moves as opposed to a cherry picked bogus course.

Tradess0610 said:
How is your learning process going?
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Very well, thank you. I have nothing to learn from false gurus selling courses online.
 
Laissez Faire said:
Learning from the market, i.e., back-testing/back-checking price history both past and present and continuously studying how the market actually works and moves as opposed to a cherry picked bogus course.



Very well, thank you. I have nothing to learn from false gurus selling courses online.
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Ok I was talking about a beginner. Once you have a strategy (where did you learn it?) you can backtest and draw conclusions obviously.

Did you just read books on support and resistance?

I am truly curious.

I took two courses in my life (similar ones) and I learnt a lot from both (am not going to name them here lol). Took my trading hobby to a totally new level. Maybe I was just lucky with my choices...
 
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