Is manual day trading dead?

[4pipsSake]

Don't you guys think , it is possible to make 50 points a week average , day trading on dax futures?It can also be done using weekly options ???

How easy or difficult would it be?

You defiantly portray yourself as a successful trader. I would love to make an EASY 50 points a week on dax futures. But before i commit to learning a new system from you or anyone else I request verified broker statements. Can you supply them? Are you selling a method? or is it free?

Reading your thread and comments is somewhat concerning. Here you are promoting yourself without any factual evidence of your trades,statements etc.. I'm already a successful trader with almost 30yrs experience and with that experience comes knowledge , knowledge that helps me see who is writing BS and who isn't.

Instead of posting your tick +/- why don't you post tick $ value and point $ value in your results, atleast then people who don't know this and how to calculate their metrics would benefit, rather than just posting ticks/pips.

 

[justrading]

I went to set and forget strategies and options .I stopped forex.

technical analysis dax signal

Let me tell you a little story from a few years back.

I was actively trading options spreads. I had about 6 positions in my portfolio. Every day I would remodel based on latest underlying price and IV, for each trade, and the overall portfolio.

Everything was good and under control.

Then I noted in the options forum that Bernanke was going to make a speech. We agreed it wasn't terribly significant, it wasn't testimony to a Senate committee or a policy announcement, it was just a speech.

By the time Bernanke was done, I had my arse handed to me on a plate.

 

[Mtrader]

You defiantly portray yourself as a successful trader. I would love to make an EASY 50 points a week on dax futures. But before i commit to learning a new system from you or anyone else I request verified broker statements. Can you supply them? Are you selling a method? or is it free?

Reading your thread and comments is somewhat concerning. Here you are promoting yourself without any factual evidence of your trades,statements etc.. I'm already a successful trader with almost 30yrs experience and with that experience comes knowledge , knowledge that helps me see who is writing BS and who isn't.

You exposed the fake trader!

 

[galvinlee888]

You exposed the fake trader!

Too many people with different motivations in ET this day, really a sad thing.

This guy is either an amateur trader that try to get attention and coaching from other experience trader (unfortunately he is using a wrong approach), or even worst is he is trying to market himself in ET as profitable trader and to attract more followers. The next step will be get his followers to the Social Media, open his own paid subscription/teaching or even ask people to invest in this BS proprietary trading method. Shame to those people as all their followers will loss money eventually.

See below his response in one of the previous post, this make my day.

I know everything , I know it all , I can teach you ,you can have endless discussions with me on trading .

 

[justrading]

Too many people with different motivations in ET this day, really a sad thing.

This guy is either an amateur trader that try to get attention and coaching from other experience trader (unfortunately he is using a wrong approach), or even worst is he is trying to market himself in ET as profitable trader and to attract more followers. The next step will be get his followers to the Social Media, open his own paid subscription/teaching or even ask people to invest in this BS proprietary trading method. Shame to those people as all their followers will loss money eventually.

See below his response in one of the previous post, this make my day.

I think you are quite right in your first premise. Given that he has finally become a little more transparent, and is inviting comments, he has come off his high horse.

And yes, if he was fishing for coaching, it was a horrible approach. We've got some pretty good folks on here, some with tremendous experience and knowledge. Saying he knows more than all of them is a bad joke at best.

 

[Trading Education Buyer]

Too many people with different motivations in ET this day, really a sad thing.

This guy is either an amateur trader that try to get attention and coaching from other experience trader (unfortunately he is using a wrong approach), or even worst is he is trying to market himself in ET as profitable trader and to attract more followers. The next step will be get his followers to the Social Media, open his own paid subscription/teaching or even ask people to invest in this BS proprietary trading method. Shame to those people as all their followers will loss money eventually.

See below his response in one of the previous post, this make my day.

I hear that in my sleep I know it all , I know everything
That phrase I was repeating for fun , I learnt it from a narcisstic trading educator described here:

I need help in finding a trading educator

I know it all , I know everything
I know it all , I know everything
I know it all , I know everything
I know it all , I know everything

I was just repeating what this trading educator was telling me , just for a laugh.

so let the hounds loose


THE ADVERTISEMENT
trading education required
To sell trading education on forums
The applicant must be able to make all sorts of impressive claims like I know everything , I know it all and I can teach you more advanced stuff than you will ever know.It is the ability to hide non existent skills which is more important , than an ability to trade .

 

[4pipsSake]

Too many people with different motivations in ET this day, really a sad thing.

This guy is either an amateur trader that try to get attention and coaching from other experience trader (unfortunately he is using a wrong approach), or even worst is he is trying to market himself in ET as profitable trader and to attract more followers. The next step will be get his followers to the Social Media, open his own paid subscription/teaching or even ask people to invest in this BS proprietary trading method. Shame to those people as all their followers will loss money eventually.

See below his response in one of the previous post, this make my day.

The most important thing is to make sure the “master” is actually a MASTER and that you can actually replicate what he does (good trading like fine art is systematic and a collection of techniques) and after you learn what he does then you must learn WHY he does it. Too many of these guys out there are educators and not traders. You learn to swim by jumping in the water, or being pushed. If you don’t drown you will swim. Really sick of these “educators” that can’t trade, and are just here to plug themselves without any evidence that they are even a real human, let alone a trader.

Point is – if I’m following BAD information, MISINFORMATION, and people who don’t know what they’re talking about then it seriously hurts me! Instead of filling my mental reserves of good information I’m learning garbage and to add insult to injury…. Paying for it. That’s the real scam, not the money lost.

@ Trading Education Buyer. Can you please post verified broker statements. Validate yourself as at this point your words mean nothing.

Also to other participants, I think its best to move this conversation to TED's thread.

 

[Mtrader]

Also to other participants, I think its best to move this conversation to TED's thread.

Or put TED on ignore as he adds no value at all to ET.

 

[4pipsSake]

Or put TED on ignore as he adds no value at all to ET.

That's an even better idea. Should just place a warning to other traders on TED's thread. Until he proves himself anyway.

 

[justrading]

I've said this before, life repeats, I'll say it again. Some will of course say trading is not the same, I differ. Say it anyway, I'm repeating myself, no harm in your saying the same thing again.

This business of brokerage statements rests on the premise that those who can, do, those who can't, teach, and we only can and should learn from those who can.

That is pure unadulterated bullshit.

Firstly, almost everyone who can do won't waste their time teaching. Very few do, and the few you see here who offer advice regularly, and aren't trying to sell anything, are the exception. Pick the stars in any field of endeavour, how many spend time teaching? Satisfaction for them comes from achievement, not teaching.

Nobody who has coached Tiger Woods has been even close to his achievements. Similarly for Federer and Phelps. Sports different? Pick pretty much every Nobel Prize winner in economics, the sciences, medicine. They all started learning from primary school teachers, secondary school teachers, university professors, none of whom ever won a Nobel.

This business of you can only learn from someone who has achieved all that is being taught is a logical fallacy that fails at the point of proof. It is an appeal to ignorance not supported by the reality you see all around you.