Keeping It Simple
- Thread starter dbphoenix
- Start date
Brilliant...appropos of nothing.
If Banker makes money with his method, then all the critics 'wise' words are just hot air. Who knows if it will work long term. If it doesn't we probably won't hear from Banker about it. But if it works for him then all the worthless advice is just that...worthless.
gs
if his method doesn't "work" then the advice is not worthless, now is it? this is the question that is posed NOW - is it a good idea to blind yourself to basic info that most traders trade from because you can't steel your nerves watching the little candles jump up and down?
and what is "works". if he makes X now not 1.5X, is it "working"?
the goal is to hone your trading to a fine sharp edge not dull your blade.
Quote from LongShot:
i don't doubt it, afterall you do have a full day's results to lean on.
Yes, I just started trading today. It was all beginner's luck. I flipped a coin every once in a while and bet short on tails and long on heads. Yes, that's what I did. Tomorrow I will probably blow out my account and never be seen again on this message board.
Banker
Quote from LongShot:
today was easy as pie .. nice long trends.
you're gonna wish you could see those jumping candles when the chop begins cause you're little squiggly line will be about five minutes too late.
5 minutes too late for what? To enter the chop? What will the jumping candles tell you exactly? I bet you have a much better way to trade, but you are not willing to disclose it. Is that right?
Banker
There are countless ways to skin this cat. Too much information can be a problem, too. I think Banker's idea is an interesting one. Not a method I'd choose, but it wouldn't surprise me one bit if he didn't beat a whole lot of other traders who have all the best tools and all the best data and can't see the forest for the trees.
gs
Thanks Gs,
I know what I have shown people is definitely out of the ordinary. A vague set of rules, and a chart that seems just as vague. To me they match each other fairly well.
Now if I were trying to be a swing trader, or a scalper, I would dismiss this whole idea as nonsense. For trading trends though, it makes sense to me.
Banker
I know what I have shown people is definitely out of the ordinary. A vague set of rules, and a chart that seems just as vague. To me they match each other fairly well.
Now if I were trying to be a swing trader, or a scalper, I would dismiss this whole idea as nonsense. For trading trends though, it makes sense to me.
Banker