Why does no one here give detailed trading advice?

Romanus,

Thank you for the civil response, appreciate it.

My question still holds though, howcome you rarely see a blog or auto chart annotated trades from traders using SCT?

Howcome not even Spyder provides them ?

In this business, I can't help being a skeptic.

Daniel
 
Well if you want I can show many setups that I lost money on, which is probably the best advice anyone could give you because once you learn how to avoid the mistakes, you're on the road to success.
 
Quote from FightTheFuture:

Or Aps11 is a marginal trader goading everyone here and provoking guilt to divulge something substantial.
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Good point, I hadn't thought of that angle! Offer a scrap of bait like buy support sell resistance, then goad others with a guilt trip to be equally generous with advice in the hope of getting some useful trading information. Or, as a beginner himself, start a beginners thread offering some bland advice in the hope others contribute like you say something substantial! Then add the icing on the cake and call everyone non-traders and just wait for them to prove him wrong.

If he applied just half of that ingenuity to trading he could probably make himself a few bucks :)
 
try this,if u don't have charts go to bigcharts .com and use theirs,start with a 20 yr chart of spy,use the monthly ,use the candlesticks chart,connect the 4/1994 low and the 9/2002 and the 4/2003 lows,connecting the lows of the body of the candles,not the tails,with that line drawn,u will notice that its been tested a lot and held on the way up,shorten your chart to 6 months and to daily and you will see it was broken on 6/26 /08 and has been retested a few times,it comes in around 130.35 for monday,this rally may carry into the opening on monday,it may not,if it does ,that is a strong trendline and may be a good spot too reverse your longs,the fact that it held from 94 to 2008 means that it should be respectedthe fact that it's an election year is a wild card ,this and other trendlines are something concrete a noob can learn and use for entry and exit points,this is the simplest ,most commonly used technical tool used in trading and has been around forever,funny that 15 years ago most of the trading community laughed at charts and now no one can live without them
 
Quote from margo_trader:

Can someone please provide a link to "SCT" that I keep seeing? I would appreciate any help.

Regards,

T
http://actionpointsta.blogspot.com/
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It looks something like this:

dynamite.jpg
 
Quote from romanus:

Personally, I came to conclusion that people bashing the (SCT) methodology generally fall into one of two groups:
- the majority of plain dumb ass nincompoops that have no clue whether or not and how the methodology works,
and
- the minority of eloquent evil motherf*ckers that have a pretty good idea how things work, who insist on creating all kinds of proof to the contrary for their own selfish or entertainment reasons
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Funny, there are a few types of people who follow the SCT methodology:


the lemmings:

Lemmings%20jumping%20off%20a%20cliff%20while%20one%20is%20stopped.gif



the hopeless

naive-benchmarks.png



the hapless

stupid_cat.jpg



the desperate

fsbo-desperate.jpg



and those who hope to get rich off of others' efforts

Stupid_Funny_Video_Clips.jpg



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BUT THIS IS HOW NEW TRADERS LOOK TO JACK AND SPYDERTRADER

istockphoto_1434081_motivation_via_carrot_and_stick.jpg


 
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