BTW, I NEVER claimed that my winning strategy is 100% profitable. I don't know why you are attacking my integrity from my above post.
Is there anyone here who is self-taught, consistently profitable and confident of continued success?
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Maybe because your demo BS with no dollar figures attached was taken with a hint of skepticism.
I think he thinks we need to see the profit per trade. Could be 6.25 or 100.00. So, which is it? How about a chart showing entries and exit by platform?
i, even when when i used to blow live accounts one every month, have always steadfastly believed that profitable retail trading is possible.
However,it also depends on what level of trading expertise you would like to achieve:it is possible to be profitable, without understanding every movement of the market,by money and risk management.
i never liked this: i wanted to know and understand market movements.
i came across Al Brooks book 12 years ago and was impressed by it:intuitively. I knew his ideas were unique.
But i just could not understand or see it in live markets.I lost money for years.
His view or contention that the markets would try to do something twice -go up or down.
after that it would try to do the opposite twice.
It took me along time almost 12 years before i could see it on the .charts and then actually trade it .
if he had sat beside me and shown and explaining face to face i would have got it immediately.
so while it is possible to trade successfully it would be much easier if some successful trader would explain the basics face to face.
the question is why on earth would a really successful trader, who is making money hand over fist,even bother to dedicate time to such a project.
Al wrote the book.....but even by his own admission it is a hard read.
just how hard a read it was i found out at a huge monetary and time cost.
trading is a fantastic journey to those who have the temperament and the strong will to withstand a lot of pain:both financial and emotional.
like the markets many 'traders' try to do it twice and then give up.
I have tried to give a personal account of my experience: if it seems trading is a daunting task ,that it is.
that said the benefits you receive financially emotionally makes it all worth it.
If you decide to take the long road of trading, that leads to a paradise do try to follow it to the end.
I will be waiting for you there.
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boy are you telling me....i would have never guessed that it would cost me a loss of 12 years and 100000 usd to get close to understanding trading
You told/showed yourself that you made 3 ticks from a 100 points move. But also pretend to make profits every day (millions probably) ... LOL.
And you are sure that we all lose money to you. LOL.
What is really "humble" is your posting saying "the last leg up was thanks to a trick and years of experience, not luck." You clearly missed luck in the way down after your leg up.
I thought you were leaving?
Maybe he developed the skill only for up legs and not down legs? If so, then maybe what he makes from us on 3 tick up legs we promptly take back from him on multiple POINT down legs? Or maybe he doesn’t short? Gets confusing. Could be sour grapes as he suggested? I wonder if he has only been humble since 2016 as his name might be suggesting? I have a hard time being humble for 24 hours...much less 3 years. LOL
i was sure it was possible to be always correct and i believed it.
but it has taken me 12 years to get close.
i read Al brooks book 12 years ago and tried to trade what he said market was doing...i lost 100000usd ....
just now i was able to put all his chapters together and now i am making money.
it is the most difficult way to trade, to scalp
the past 12 years have been loss
past 12 hours i have made 30 trades,made one loosing trade,which was smaller than all the profits making ones, got a return of 400 %.
so not 100%. correct but a dream is coming true
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i think they say that the probability remains the same no matter how many coin tosses you make..it is always 50%...the outcome may be heads or tails