John Carter from Trade the Markets

piezoe · Apr 6, 2008

How did you guys know i wrote all those reviews for my book myself? You guys are geniuses! I knew i should have toned it done some just to sound legit.

Come on guys don't be ridiculous. Read the book first, then if you disagree, fine.

And just for the record, i don't know Carr, i never wrote a review for his book other than my brief mention of it here on ET. And it does have correct trading advice clearly set forth, and it is up to date. It is not advanced, but it would be an excellent book for any neophyte to read.

MandelbrotSet · Apr 6, 2008

Quote from ssbc19:

Sweet! Thanks for the recommendation bro!

I totally forgot to mention in my post that I was looking to buy a new book about trading. Thanks for reminding me and giving me that AWESOME recommendation!!!

And, like, the book has a SH!TTON of 5 STAR reviews on Amazon! Nearly all of them are by people who have only written 1 review, for that book, so it must be EXCELLENT.

Thanks SO MUCH for helping me out. Dude, instead of having me to go to Amazon to buy this KICKA$$ BOOK, how 'bout you just post a referral link right here so EVERYONE can buy the book.

Thanks dude!

LMAO

snowhite · Apr 6, 2008

Carter John is a pro and used to run money for me. I made a little over 10x my investment(1mln) in three years with his service.

MandelbrotSet · Apr 6, 2008

Quote from snowhite:

Carter John is a pro and used to run money for me. I made a little over 10x my investment(1mln) in three years with his service.

Wow, that's quite a story.

Please feel free to prove it.

sogodo · Dec 8, 2008

For the record, I read John Carter's book, and watched some free videos of his live trades on his web site.

My opinion --
1) he has a system, and it works for him, in general, pretty good.
2) honest guy, he does not hide occasional losses

I did not buy anything from him, and use totally different approach in trading myself, still, some technical elements are similar.

I have no doubt that he is capable to support his existance without any courses/sales etc. The same with Lynda Raschke.

But I was surprised to find that a lot of his critics on this forums use very general accusations, and, actually never ever drill into any particular detail(s)/example(s).

You have 1K free links to his videos and his book. Show me the page or snapshot of the video you don't understand and/or especially dislike.

Absolutely clear, there is always room for improvements as in any system(s). But show at least the most illustrative omissions. Plus, desirably, how you, the better traders, do it right in the same circumstances.

Thanks.

Quote from MandelbrotSet:
Wow, that's quite a story.
Please feel free to prove it.

MandelbrotSet · Dec 8, 2008

First and foremost, videos are useless.

Once you figure-out why, we might be able to have a discussion.

SuperVolatility · Dec 8, 2008

Quote from MandelbrotSet:

First and foremost, videos are useless.

Once you figure-out why, we might be able to have a discussion.

Some videos are good and of value. Not all vidoes - obviously tries to sell something in the end but at least they don't mind doing a free work, day after day.

sogodo · Dec 11, 2008

Quote from MandelbrotSet:

First and foremost, videos are useless.

Once you figure-out why, we might be able to have a discussion.

life could be useless for some very patronizing individuals, too

i was able to figure out that this particular post of yours was pretty useless.

why? again -- too generic.
convenient? yes.
to the point? no.

i did not read all your posts in other topics/forums where you possibly made your point more clear. so, apologies for that. but we're in this particular topic, right?

again, i don't use Carter's system, but just for fun i had spent some time to put his approach thru amibroker's optimizations.
even when we got some delay in used signals it's mostly profitable on many instruments and on different history, without any curve-fitting.
i especially like that his charts look very clean.

my system is more "dirty" -- multistochs, channels/divergencies over micro-MACDs, pivots/fibos consolidation areas on multiple timeframes -- that's why sometimes, it's even hard to see all candles

I could make some integrated signal and keep my charts clean too, but I am discretionary trader, and don't use autopilot. as far as i know John does the same. he looks for setups and put them on autopilot only after he entered positions. so, it's not totally automated systems.

to keep your style, i would not attach any videos/snapshots.
after all, they are all useless, anyways, right?