Support and Resistance Gurus

Not entirely accurate..

Yes,SEIDEN only paid 158,000(probably all he had after accounting for trading losses),but others paid substantially more.True,they didn't pay 370 mill,because they didn't have that money,as they didn't make money from trading.It was a giant SCAM..

It's right here in black and white...
I referred to what Sam paid because that is who mentioned in my original post.

This is all besides the point of whether or not what he talks about works.

Elon tweet pumps and dumps cryptos, and even his own stock, but does that mean he doesn't know how to run an EV manufacturer? And a Rocket company? And ... Also paid SEC some money.
 
I believe in innocent till proven guilty...They were found guilty

You want to listen to a bunch of scam artists who were shut down for defrauding their customers while admitting their bogus claims of profitability were a figment of their imagination????

These are BAD guys,who sucked at their craft

Your analogy is awful......

Elon pumping dumping Crypto has ZERO to do with being brillaint in the EV world..

I think the analogy you are looking for is Elisabeth Holmes..

Lied to investors,lied to the world and was a complete fraud...







I referred to what Sam paid because that is who mentioned in my original post.

This is all besides the point of whether or not what he talks about works.

Elon tweet pumps and dumps cryptos, and even his own stock, but does that mean he doesn't know how to run an EV manufacturer? And a Rocket company? And ... Also paid SEC some money.
 
I believe in innocent till proven guilty...They were found guilty

You want to listen to a bunch of scam artists ...
I'm not listening to anyone. I referred someone to the OP.

They can decide for themselves if there is anything of value in Seiden's version of support and resistance. (Which it appears they are doing just that by liking a post of mine above, can you move on). Whether or not he is a fraud or not is besides the point of lllllearning something.
 
Sorry if I came on too strong :)
I'm not listening to anyone. I referred someone to the OP.

They can decide for themselves if there is anything of value in Seiden's version of support and resistance. (Which it appears they are doing just that by liking a post of mine above, can you move on). Whether or not he is a fraud or not is besides the point of lllllearning something.
 
Everyone is literally a Support/Resistance Guru.

All across social media, forums, and Disneyland and Denny's and Costco and Gas stations and Hotel seminars and anywhere else....all traders talk about following and tracing past lines and ranges.
Ride that roller coaster up and down....just follow the lines to make money. It's so easy, yet everyone is still so broke,
 
And what was the outcome of $370 million case, Seiden paid $158,000 fine.

Whether or not there was fraud is the gubmint's job to prove.

Whether or not the TA they taught (much of it out there free on the web) is worth anything is the job of a trader to decide.
The method taught by Sam Seiden is what finally helped me to become consistently profitable and find lower-risk, higher reward trades. I didn’t learn it from Seiden/OTA, however. Some I had already figured out on my own, the rest came from simply browsing the web.
 
The method taught by Sam Seiden is what finally helped me to become consistently profitable and find lower-risk, higher reward trades. I didn’t learn it from Seiden/OTA, however. Some I had already figured out on my own, the rest came from simply browsing the web.
Yup. :thumbsup: What I got from Seiden, that I use, was from a trio of Futures Magazine articles from 2005 - which BTW was a free subscription.
 
Yup. :thumbsup: What I got from Seiden, that I use, was from a trio of Futures Magazine articles from 2005 - which BTW was a free subscription.
I remember asking the guy who introduced me to trading how does he know when a market is about to move. He only said "supply and demand." At the time, this guy was 23 years old and had $2.5M the year before trading commodities and currencies. Because he used to keep up with the news a lot and studied government reports, I thought he meant supply and demand from a fundamental/economic perspective. It wasn't until a couple of years later that I realized he was talking about Sam Seiden.
 
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