Puretick or Trade the markets??

Quote from myminitrading:

Dont waste your money, spend the time in front of the screens thats the only way to learn.


Hand holding is not advised if your looking to do this for a living.

Buy some books, learn technical analisys and watch the market tick by tick everyday, you will learn.
More...

most TA is worthless. That is not how to learn. Supp/Res & trend yes, but most of the rest is garbage.

There is nothing wrong with starting with a profitable service to learn.
 
I agree with mymini... get yourself a bloomberg terminal and trade one lots on YM. Alternatively, subscribe to Hershey's thread and draw a finite, but large number of trendlines until one fits with your bias, and start swinging!
 
Quote from rcanfiel:

most TA is worthless. That is not how to learn. Supp/Res & trend yes, but most of the rest is garbage.

There is nothing wrong with starting with a profitable service to learn.
More...

Support/ rest is TA.
 
I would think sitting in front of tradestation and trading one lots while drawing trendlines and s/r is the way to go, as opposed to Bloomberg. I think you are spoiled lol. TS is free with 10 roundtrips and $5.00 RT commissions compared to a couple grand for Bloomie.

But point is made :D

Quote from atticus:

I agree with mymini... get yourself a bloomberg terminal and trade one lots on YM. Alternatively, subscribe to Hershey's thread and draw a finite, but large number of trendlines until one fits with your bias, and start swinging!
More...
 
Quote from atticus:

I agree with mymini... get yourself a bloomberg terminal and trade one lots on YM. Alternatively, subscribe to Hershey's thread and draw a finite, but large number of trendlines until one fits with your bias, and start swinging!
More...


Well hum!
 
Quote from optioncoach:

I would think sitting in front of tradestation and trading one lots while drawing trendlines and s/r is the way to go, as opposed to Bloomberg. I think you are spoiled lol. TS is free with 10 roundtrips and $5.00 RT commissions compared to a couple grand for Bloomie.

But point is made :D
More...


Bloomberg is overrated, their charts suck. I love charts!
 
Agreed...some $$, IB, QT, some books and you're set.

Quote from Surdo:

Learning to trade profitably should not cost more than your time and a charting service, and maybe a few books. Anybody that pays $2500 for a DVD is foolish. Why not do a $10 trial of PureTick and find out for yourself?

el surdo
More...
 
I've tried both rooms and I think PureTick is much better. I have become a much more disciplined trader since joining PureTick and my equity curve has improved a lot. Plus, the head trader is there EVERY day mentoring/teaching.

Carter's book is good and their setups are decent, but, the TTM guys spend most of their time traveling and selling these days. I think you can learn everything they do in their room on your own.
 
Most of the trading books are available used or new on Half.com - sometimes for fractions of the published price and one can resell them for about the same price as one bought them. Basically the cost of checking out a book is the cost of media mail.

Occasionally some of the TTM products come up on Ebay for fractions.
I actually bought a system and got lucky and re sold it for more.

GC
 
You must log in or register to reply here.
Back
Top