Quote from comfut:
How true this is.
Thanks for the link to that video. It's pretty simple to see how Don trades. Most successful traders have a simple methodology.
It was pretty generous of him to make the video considering he is charging for the information.
What it seems that many of the people that are commenting are missing is that Don is not teaching anything groundbreaking. It looks like he is just coaching some people to help them put some methods together and work on concentration and discipline. That's pretty much a recipe for profitable trading.
BTW: It looks like that MATD trade was good for 4 handles. Nice.
ALL HYPOTHETICAL FLUFF
Yeah, how nice that MATD trade !
4
hypothetical handles , what are you gonna buy with that ? LOL
Tell your hypothetical Don to take away his hypothetical disclaimer if he wants to be taken seriously ...
" HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.
ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS."
http://donmillereducation.com/6322.html
I have never driven a hypothetical car , maybe Don can share with us how that feels LMAO
P.S. Comfut, very impressive post after 1 year of silence...looking forward to your next post somewhere around this time next year...