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The 3-2-1 Approach: A Simplified Method for Trading Any Market
- Thread starter bthomas
- Start date
Quote from Reaver:
...........If you have inherited a few hundred grand or just sold your business for a large sum of money and have absolutely nothing else to do, then hey go spend $400/mo on chat rooms to have someone teach you THEIR way (not YOUR way) to trade......
I was in the room for a few days until I simply couldn't take it anymore. I had to scream "uncle".
The moderator Charles Cochran simply refuses to call any real trades in real time. All his shit is "woulda coulda shoulda"...He's a woulda coulda shoulda TEACHER, just like all the others. I was expecting to at least see him demonstrate his system with his REAL money on the line. I would be willing to bet my ass that he can't trade the system profitably.
Quote from bluebolt:
There is no conflict, successful methods are kept secret for obvious reasons and unsuccessful ones are hawked for equally obvious reasons
Your statement can't be any further from the truth. Market Profile was purchased by the Chicago Board of Trade from Peter Steidlymayer to provide the global trading community a proven and successful methodology.
Peter Steidlymayer did just the opposite of what you state. He offered a 'secret' successful methodology to benefit many, many traders.
BTW......I clerked for Pete Steidymayer in the late '70's. I know first hand how successful he was. He is the most unselfish person I know. He'd like every small independent trader to succeed.
Some of you think that the sharing of ideas is hawkish. We think the sharing of ideas (for a fee) is a noble and just enterprise.
It is up to the marketplace to determine the value of our ideas.
Quote from ZAL:
Your statement can't be any further from the truth. Market Profile was purchased by the Chicago Board of Trade from Peter Steidlymayer to provide the global trading community a proven and successful methodology.
Peter Steidlymayer did just the opposite of what you state. He offered a 'secret' successful methodology to benefit many, many traders.
BTW......I clerked for Pete Steidymayer in the late '70's. I know first hand how successful he was. He is the most unselfish person I know. He'd like every small independent trader to succeed.
Some of you think that the sharing of ideas is hawkish. We think the sharing of ideas (for a fee) is a noble and just enterprise.
It is up to the marketplace to determine the value of our ideas.
Any more new vocabulary words you would like to grace us with for the day?
Quote from ZAL:
It is up to the marketplace to determine the value of our ideas.
Nup.. none of you guys will ever be able to answer the question "Why don't you trade it yourself? why do you need my money if it is successful?"
And before you bother I've heard em all.. and none of them can circumvent that very simple truth
Quote from Billybob543:
I was in the room for a few days until I simply couldn't take it anymore. I had to scream "uncle".
The moderator Charles Cochran simply refuses to call any real trades in real time. All his shit is "woulda coulda shoulda"...He's a woulda coulda shoulda TEACHER, just like all the others. I was expecting to at least see him demonstrate his system with his REAL money on the line. I would be willing to bet my ass that he can't trade the system profitably.
We do reveal proper trade location all throughout the day. I doubt you were in the traders room for a few days because typically in "a few days" there would have been at least 10 or 12 trades to execute, if not more.
There is no 'follow the leader' methodology in our trader room. Just wonderring: do any of you know of a successful follow the leader program?
We teach you to trade. We help you to learn.
Quote from ZAL:
.....do any of you know of a successful follow the leader program?....
And vice versa, all the unsuccesful traders and chatrooms that I know also refuse to demonstrate that they can, themselves, trade the shit their pushing.
Hell, trade on a simulator for all I care, but at least demonstrate that you can trade your own system.
Quote from Billybob543:
And vice versa, all the unsuccesful traders and chatrooms that I know also refuse to demonstrate that they can, themselves, trade the shit their pushing.
Hell, trade on a simulator for all I care, but at least demonstrate that you can trade your own system.
Once again, there is no such thing as a successful 'system'. There are good methodologies and bad methodologies.
Communicating trade ideas, market concepts, execution methodologies and trade management is a far cry from "pushing' a system" as you so elequently state.
Quote from ZAL:
Once again, there is no such thing as a successful 'system'. There are good methodologies and bad methodologies.
Communicating trade ideas, market concepts, execution methodologies and trade management is a far cry from "pushing' a system" as you so elequently state.
Call it a system, methodology, or Winnebago for all I care...you know the point I was trying to drive home.
Why should I fork over $400 per month to you if you can't demonstrate that you can 'trade'?