Quote from henry76:
Dear Elite,
Well I agree with you of course ,the trading arena is full of muddled less than honest thoughts , which is why I wrote about people muddling up different things into a sort of hotchpotch, your point about sellers of systems ,books etc doesn't helping another .I've written in another post about a book I bought early in my career written by Toby Crabel which he pulled , the truth is it's extremely unlikely that someone who's making millions from his method is going to sell them in a book , and if one did it would be close to impossible for the novice trader to know which( amongst all those snake oil sellers). In my opinion your on your own , get on with it!!
Exactly Henry,
It is logical to deduce that those who know, will not easily share their knowledge with those that dont know, after all, why should they ?
However, there are many succesful traders, that we all know, as to the extent of their success, well, I would imagine that only those whom are very close will know that. It is all relevant.
Look at the ridicilious amounts of money that analyists are paid, some of them earn several million $ per year !
Ask one of them to show you how to scalp the open, and I bet you they would be running for the exit, pronto.
I do know of one very successful trader that has sold his own private method to about 500 > 600 traders over a few years. But, I also know that out of that 500 to 600 traders, there are only 3 that it has clicked with, and out of that 3, there is only one who has mastered it and made it his own. He is even now better than the person who taught him, in relation to the methods taught, but he still, and will probabaly never, make as much money as the person who taught him, for many reasons, and most of those reasons are to do with the title of this forum !
Being on your own is not the answer, believe me, I have being do this for many years. Us plebs, and a pleb in relation to trading, is someone who is not working in one of the big dealing houses like G Sachs, etc, are really being dealt the short hand, all of the time, and in order to change that, one must be prepared to accept that there are those out there that are just plain darn better than we will ever be at this game, and if you should stumble across such a trader, then it will be very obvious, believe me.
It is never easy to deal with such people, as they are very set in their ways, but one thing that always shines true, is persistance and the ability to show that one is not afraid of hard work.
Trading for real profits, then, just becomes a matter of time !
