Shorteee,
I understand your confusion. However, I have been to the trading course and I fully understand what Don is saying. I know that doesn't help you, as to you it sounds like a bunch of gibberish.
FWIW, I have modified what I learned at the course, doing my own resarch, but taking at face value what was said there and modifying it . The result - I am astonished. It is almost as if I am witnessing the buidling blocks of market movements in a statistical sense. A kind of fundamental building principle, a kind of String Theory or a Quantum Mechanics of the markets.
Am I recommending the course? Only if you get what I got out of it! It is funny, but I saw people confused _AT_THE_COURSE_ the way you are here!
If you want to take the course, how can you prepare? Simple ways are learn to play poker for a living, bridge for a living, etc. Don't want to do that? Learn some basic statistics, maybe by playing liars poker and winning at it consistently - I can only tell you that you will come away with what you came with. Did this make me into a profitable trader?
__YES__BUT_IT_IS_NOT_ENOUGH_IN_ORDER_FOR_METO_MAKE_A_LIVING_DOING_IT.
It is amazing to me, but knowing all this, seeing it happen, still does not necessarily make me a profitable trader. I need at least two other skills, 1) good tape reading, and 2) something that I have not being able to put into words, yet I know I lack it at this point. I would like to say experience, but then that would be too vague...I have read Hitman's post elsewhere, and one can sense that he has it - a kind of experience that only being in the trenches fighting for your life can give you...Not indicators, not strategies, nohing but pure INSTINCT.
Finally, I do not trade at Bright, or Echo, Worldco, etc., I trade with IB. But rest assured, as soon as my situtation changes, it's off to one of them.
Regarsds,
nitro
I understand your confusion. However, I have been to the trading course and I fully understand what Don is saying. I know that doesn't help you, as to you it sounds like a bunch of gibberish.
FWIW, I have modified what I learned at the course, doing my own resarch, but taking at face value what was said there and modifying it . The result - I am astonished. It is almost as if I am witnessing the buidling blocks of market movements in a statistical sense. A kind of fundamental building principle, a kind of String Theory or a Quantum Mechanics of the markets.
Am I recommending the course? Only if you get what I got out of it! It is funny, but I saw people confused _AT_THE_COURSE_ the way you are here!
If you want to take the course, how can you prepare? Simple ways are learn to play poker for a living, bridge for a living, etc. Don't want to do that? Learn some basic statistics, maybe by playing liars poker and winning at it consistently - I can only tell you that you will come away with what you came with. Did this make me into a profitable trader?
__YES__BUT_IT_IS_NOT_ENOUGH_IN_ORDER_FOR_METO_MAKE_A_LIVING_DOING_IT.
It is amazing to me, but knowing all this, seeing it happen, still does not necessarily make me a profitable trader. I need at least two other skills, 1) good tape reading, and 2) something that I have not being able to put into words, yet I know I lack it at this point. I would like to say experience, but then that would be too vague...I have read Hitman's post elsewhere, and one can sense that he has it - a kind of experience that only being in the trenches fighting for your life can give you...Not indicators, not strategies, nohing but pure INSTINCT.
Finally, I do not trade at Bright, or Echo, Worldco, etc., I trade with IB. But rest assured, as soon as my situtation changes, it's off to one of them.
Regarsds,
nitro
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