Is there anyone here who is self-taught, consistently profitable and confident of continued success?

Van_der_Voort_4 said:
LOL

schweiz,resident bs artist under various aliases for last 15 years.a.k.a. Mtrader, i am nobody,pitchblack

https://www.elitetrader.com/et/threads/making-one-point-a-day.53363/page-8#post-809541
https://www.elitetrader.com/et/threads/day-trading-and-sharpe-ratio.322726/page-5#post-4689200

https://www.elitetrader.com/et/threads/malicious-multinicks-stalking.323223/page-31#post-4699033

https://www.elitetrader.com/et/threads/malicious-trolling-and-stalking.323122/page-16#post-4693647
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I'm certain that this pussy wanted to be like Dest. so others can respect him, but he is no Dest. cause he can't trade profitably. All he has is some knowledge and a loud mouth, but no trading skill lol........ That's why he is lurking on this site for over 15-year.... LMFAO
 
humbletrader2016 said:
Most average traders can tell from my screenshots that I'm either a scalper or a day trader since I take a couple of trades per day. This is how I generate a couple hundred $$$ a day. You are TOO DUMB to figure that out. Period.

Here is the screenshot from this week trading. I trade less due to busy travelling and look, another great week of profiting.

Here is a chance that I can offer you to take money directly from me. Why don't we setup a trading challenge between you and me for one month to trade only YM, NQ or ES by using REAL ACCOUNT money. We can use 1, 2 or up to 5-lot per trade. The prize will be $5000 usd to the person who makes the most. If you win, you will get my $5000 and I will donate another $2000 to this website since we need a moderator here as a judge, or third party to verify our account statement which I'll cover the fees. If you lose, I'll take your $2000 to donate to this website and another $3000 of your to donate to a charity which I shall show the receipt on here.

If you want to go ahead with this challenge, reply to this thread or pm me and I'll setup a new thread with full details of how we can proceed from there. The purpose of this thread is to see whether you are a pussy or a real pro trader. Likewise, you can use this chance to proof what you think is right about me. Period.

View attachment 202841
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humbletrader2016,

I love it, I love it , I love it , I love it. I love it , I love it. Damn I love it. And this is how it suppose to be.
 
padutrader said:
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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This post should have more Likes.
 
padutrader said:
just sharing my experiences ..it should be taken as advice or endorsement of a strategy
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padutrader,

Question for you. I am studying Al Brooks as well. Yes he goes deep in to detail, but I am still learning and practicing.

I am curious why took you 12 years to comprehend and make money consistently with his price action content? Was it the material was too complex, not enough practice in sim, no back test, wrong chart time frame?

Thanks
 
SimpleMeLike said:
humbletrader2016,

I love it, I love it , I love it , I love it. I love it , I love it. Damn I love it. And this is how it suppose to be.
More...

Of course everybody will love it if they can make a couple of hundred $$$ a day, but how many people can do it? It requires long hours of baiting patiently and tons of analysis to follow trading plans. Unless I travel, my trading day always begin from midnight until 4pm to bait setups, which means I work 16-hour a day. I bet most of you are in bed now in order to get ready for next trading day, but not for me lol. Well, I do take naps in between and sometimes, I missed a setup when I overslept.
 
SimpleMeLike said:
padutrader,

Question for you. I am studying Al Brooks as well. Yes he goes deep in to detail, but I am still learning and practicing.

I am curious why took you 12 years to comprehend and make money consistently with his price action content? Was it the material was too complex, not enough practice in sim, no back test, wrong chart time frame?

Thanks
More...
very good question....one that no one else asked ..but they only made fun of me.
and that is why I recognize that you are special just like I recognized Al Brooks was so special that I devoted 12 years and 100000 usd to his passionate ramblings when the majority of traders dismissed him as a nut case

there are many levels to his training: one is entry; entry bar stop and target 2 times risk or whatever.

that is elementary.. like learning ABCD....but with just ABCD you cannot write or understand poetry.
there is the next level you have to go to:that level is evaluating the entry bar; is it a good entry bar.

next: is the context good for a swing or just a scalp.

next: understanding legs.....which leg is the entry bar in. this is critical for both kinds of trades with trend and counter trend.

material is not complex, it is disorderly.

it is a like a girl taking off her clothes....she does not remove all.....Brooks is like that.

next:a market will test anything, like a trend line, twice.

this a simple statement but a powerful tool:

just like it is simple to assemble a nuclear bomb but the effect is just mind boggling just as it is surprising.

Brooks mentions it very casually but it is extremely powerful for trading.if you know what is your hand...

a nuclear bomb is just a box to those who do not understand it's power.

if you want to know it's power: draw a trend line, in a location in the market where the market touches the line and moves off it rapidly....extend the trend line and you will see the market comes back to it....

this happens to all trend lines....that are drawable ...and to take advantage of this phenomenon and incorporate it into a trading strategy in trading, is practically very difficult or well nigh impossible.

I think he suspected it was impossible to explain it in writing. I know I cannot explain in writing...but in person to person it would talk ten minutes to explain...even then,.how long it will take the trader to see it and trade it in live trading conditions is literally a [million] dollars question

I wanted this power badly so badly that i did not give up for years...now after 12 years i have got it in the palm of my hand
 
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humbletrader2016 said:
Of course everybody will love it if they can make a couple of hundred $$$ a day, but how many people can do it? It requires long hours of baiting patiently and tons of analysis to follow trading plans. Unless I travel, my trading day always begin from midnight until 4pm to bait setups, which means I work 16-hour a day. I bet most of you are in bed now in order to get ready for next trading day, but not for me lol. Well, I do take naps in between and sometimes, I missed a setup when I overslept.
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it is 1% inspiration 99% perspiration.

I perspired for 12 years, without a reward trying to catch that pot under the rainbow
 
SimpleMeLike said:
padutrader,

Question for you. I am studying Al Brooks as well. Yes he goes deep in to detail, but I am still learning and practicing.

I am curious why took you 12 years to comprehend and make money consistently with his price action content? Was it the material was too complex, not enough practice in sim, no back test, wrong chart time frame?

Thanks
More...
"just sharing my experiences ..it should be taken as advice or endorsement of a strategy"

that should read: 'just sharing my experiences ..it should be NOT taken as advice or endorsement of a strategy.'

sorry for the omission / typo
 
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