Manage your capital or face the death in trading

[ninZa.co]

Trading's most crucial aspect lies in risk and capital management. Mastery of this element can turn a basic trading approach into a profitable one.

Watch the live trading prowess of James Buchman, a part of our elite 1% of successful traders, as he earns real profits in the showcased video.

You can check out more of his LIVE trading here:
→ https://www.youtube.com/@ninzaco/videos

 

[PPC]

Trading's most crucial aspect lies in risk and capital management. Mastery of this element can turn a basic trading approach into a profitable one.
/QUOTE]

Yes traders, risk and capital management are crucial!!!

Therefore traders, as a general rule of thumb, do NOT risk your capital on buying courses, systems and indicators from people who are not traders themselves.

Do you agree, or disagree?

 

[murray t turtle]

%%
Sounds like great a general rule;
but a good book may haVe good system with discretion, but maybe thats why you did not take a shot @ books LOL
Dr Tony Evans said the wolf howls scared some;
but state of AK put a $50 bounty on wolves + then he said ''we're rich''

 

[mason macgregorson]

Trading's most crucial aspect lies in risk and capital management. Mastery of this element can turn a basic trading approach into a profitable one.

Watch the live trading prowess of James Buchman, a part of our elite 1% of successful traders, as he earns real profits in the showcased video.

You can check out more of his LIVE trading here:
→ https://www.youtube.com/@ninzaco/videos

showing only a few good trades is known as cherry picking so unless you have a track record please don't post those anymore, they are misleading and designed to sell

 

[Redneck]

Therefore traders, as a general rule of thumb, do NOT risk your capital on buying courses, systems and indicators from people who are not traders themselves.

Do you agree, or disagree?

View attachment 321137

I have mixed thoughts

Aspiring traders don't know..., what they don't know


I think people should be very selective with their purchases..., knowing some purchases are necessary

Unfortunately the internet / bookstore are filled with bullshit promising all sorts of returns / secrets / "holy grails"

If one does sign up for a class / training..., do not hesitate to request you see their brokerage statements over whatever period of time you deem acceptable (everyone and their dog can trade a bull market..., and bear takes a little more skill..., a sideways take a lot of skill)

And if they refuse / make excuses why they can't produce them - call bullshit and walk away


========================

This shit takes work / sacrifice / and time

Hardest way to make easy money there is - so the saying goes

RN

 

[RRD1]

Has anyone traded live with James Buchman and had success? Specifically net positive results for more than just a few days?

 

[ironchef]

There is a natural skepticism here. Most long time ET'er are battle harden and developed a healthy skepticism towards sellers of courses on how to make money trading.

There is a middle ground.

Professors who teach you the how to design, may not be good designers themselves but they should understand and teach you the path to get there.

A good basketball coach need not be a good player as long as he knows how to mould you into a good player.

Unfortunately trading is a field with lots of unscrupulous players out for our money and few good players. I know sponsors like ORTS, Lightspeed are great at providing the relevant services.

I hope by being on ET means ninZa.co will eventually pass your tests and providing good services to ER'er.

 

[ironchef]

Trading's most crucial aspect lies in risk and capital management. Mastery of this element can turn a basic trading approach into a profitable one.

Watch the live trading prowess of James Buchman, a part of our elite 1% of successful traders, as he earns real profits in the showcased video.

You can check out more of his LIVE trading here:
→ https://www.youtube.com/@ninzaco/videos

Thanks for the video link.

I watched 3 of his YouTube videos. This Friday, 8-21 and 8-22.

He didn't give a tally of his trades so it is hard to assess if he is legit and the outcome valid except the banner said $xxx profit. From the real time charts displayed in his videos, my entry and exit points would be quite different.

But he is a pro and I am just an amateur retail.