TL...is that the VSA method commercial.....LOL!Quote from chainsawtrader:
Looks like TradersLab is getting ready to sink into the abyss. New members have to have all posts screened and approved by the mods before it goes live. This was the same protocol mypivots used which immediately resulted in the vaporizing of new members and the irrelevancy of the site.
James Lee can thank brownsfan and Reaver for using ET as a proxy to ruin the reputation of TL since the rules there don't allow public urinating or defecating.
But it's unlikely he'll take action against them despite their destructive ways. After all, the are the most prolific posters there and if they left, the place would have to be shuttered for lack of activity. I mean, how many posts can one read about Market Profile or candlesticks in one day?
Quote from chainsawtrader:
You are confused and mistaken.
TradersLab appears to be a cultlike community where the members worship James Lee (Soultrader) as if he were a god. Why, I don't know, but I think it may have something to do with letting insecure people feel important by allowing them to promote their trading theories to newbies without fear of serious scrutiny or challenge from those of us who know better. At TradersLab, anyone can be a big fish in a small pond and have a lot more than 15 minutes of fame, all for free.
James Lee claims to be a prop trader with access to large sums of capital (he allegedly works for BNP Paribas). Maybe yes, maybe no. If you look at the videos he published, it looks like he's scalping the YM with a very small amount of contracts. Does Paribas really allow its traders to play for pocket change, videotape their trades and then post them in a chatroom? Sounds like grounds for dismissal to me.
Ask yourself why someone like that would create a message board to promulgate bogus trading ideas to newbies. Does it make sense?
Oh well. Here's the latest effort to keep this so-called community like Jonestown under the svengali-like control of Lee. Hey, maybe they should rename it "Jamestown." If you must visit there, stay away from the koolaid!
http://www.traderslaboratory.com/forums/f17/time-for-the-lurkers-to-go-2639.html
Quote from Jamestlab:
I trade the big Nikkei. I dont think any trader in Japan for a securities firm will trade the YM during night hours. I did that on my own.
Apparently you are not aware of the difference between a retail vs insitutional trader. You also seem to be fairly immature and guessing you are probably within the range of 16-18 years old. Which now makes sense seeing how you conduct business.
I am done here as I find no value in this thread.