I'm not sure who emailed me about this at the time, but Infinity Brokerage have just been having a trader Vs trader live competition at
www.livetradingchallenge.com
Two of the first round competitors were Hubert Senters (from Trade The Markets) and John Carter (from Trade The Markets)
Guess what happened to them? They both lost - lost with negative balances. BEfor ethe competition start each were making pre-fail excuses in their video blogs by saying things such as "90% of traders fail, so i think i twould be good if i dont trade, and then i'll win! But because it's a competition i will just force trades."
and... "I don't trade until much later than the start time, so i'll say i have tech problems etc"
Hubert Senters got -$260 (Yes that's minus) Vs Colin Archuleta who got +$737.50
John Carter got -$435 (Yes that's minus) Vs Tim Racette who got -$25 (minus 25)
What went wrong expert traders, who teach and charge new people how to be great traders?? It must have been bad trading conditions and the pretty indicators you rely on didn't work and you were forced to take trades you didn't want to make i assume?
If that is the case, why, after so many years of being in the market, are you unable to read the market and price? Your competitors obviously can.
Oh yes, or it was because you normally don't trade until later in the day and you were tired... of course.