Making Money Trading

This is a discussion on Making Money Trading within the First Steps forums, part of the Reception category; Originally Posted by trader_dante I have done a lot of reading in that time. Some of the key books which ...

View Poll Results: Which market do you want to learn to trade?
Indices 43 42.57%
Foreign Exchange 38 37.62%
Bonds/Interest Rates 5 4.95%
Commodities 15 14.85%
Voters: 101. You may not vote on this poll

Closed Thread
 
LinkBack Thread Tools Search this Thread
Old Oct 27, 2007, 6:09pm   #51
 
rathcoole_exile's Avatar
Joined Jun 2007
Quote:
Originally Posted by trader_dante View Post

I have done a lot of reading in that time. Some of the key books which have given me ideas / beliefs (and perhaps most importantly the peseverance to pursue this despite years of difficulty) are, in no particular order:

How I made $2,000,000 in the stock market - Nicolas Darvas
Market Wizards - Jack D. Schwager
The New Market Wizards - Jack D. Schwager
Stock Market Wizards - Jack D. Schwager
Bulls, Bears, & Brains - Adam Leitzes and Joshua Solan
Trend Following: How great traders make millions in up or down markets - Michael W. Covel
Technical Trading Online - Jerold Roth
High Probability Trading - Marcel Link
Reminiscences Of A Stock Operator - Edwin Lefevre
Jesse Livermore: World's Greatest Stock Trader - Richard Smitten
How To Trade In Stocks - Jesse Livermore
Extraordinary Popular Delusions And The Madness Of Crowds - Charles Mackay

I would recommend these to all traders from amateur to highly experienced. I am a strong believer in keeping things simple and as a result I still read books that teach the basics even though I have now been doing this a long time.

I have found that most books, even if they are aimed at the beginner will often teach you something new. It may be that little piece of information or thought process that it sets off, that will take you down a new path that could lead to profitability.
As you don't mention the only 3 authors of whom any notice should be taken whatsoever, Dr. Alexander Elder, Daryl Guppy and John Murphy, I can only conclude, along with your continual postponement of anything concrete or of substance, that You Sir are a Charlatan. or in other words, enough already, post something of value or get off the pot.

Last edited by Lightning McQueen; Oct 27, 2007 at 7:39pm. Reason: removed swearing
rathcoole_exile is offline  
Thanks! The following members like this post: black bear
Old Oct 27, 2007, 6:20pm   #52
 
rathcoole_exile's Avatar
Joined Jun 2007
Quote:
Originally Posted by trader_dante View Post
I want to show you how to make money trading the markets.
trade a 21 RSI-ema x-over of the 21 RSI, coupled with a 8/15 EMA x-over, Stop Buys above last high for the next opening. that's all anyone ever needs to know.
enough already of this mystic danteism
there you go, the only money making system you'll ever need.

Last edited by Lightning McQueen; Oct 27, 2007 at 6:25pm. Reason: removed the swearing
rathcoole_exile is offline  
Old Oct 27, 2007, 6:41pm   #53
 
new_trader's Avatar
Joined Jan 2006
Quote:
Originally Posted by Magic Moo View Post
Being very much a rookie here I am looking forward to hearing more on this! One question re your returns, are this based largely on one market or a good mixture?
I'd say a good imagination. But you won't believe me because you are a rookie. There are no shortcuts. OK? But you still won't be able to keep away from this thread. It has been very interesting to see who has expressed an interest in it. Hard to determine whether it is genuine or not....can't be genuine....surely....
__________________
"It always pays a man to be right at the right time."
-Jesse Livermore


CLICK - My Trading Journal | SEARCH: soundmoneyproject.org |
new_trader is offline  
Old Oct 27, 2007, 6:54pm   #54
 
trader_dante's Avatar
Joined Aug 2005
trader_dante started this thread
Quote:
Originally Posted by new_trader View Post
I'd say a good imagination. But you won't believe me because you are a rookie. There are no shortcuts. OK?
I beg to differ. It depends what you mean by a shortcut. If anyone thinks they can learn this overnight then I think they are sincerely mistaken. However, if you don't think that someone with a good few years experience can impart some wisdom that it would take others a much longer time to naturally find out for themselves, then I think you are the one that is mistaken. Send me a PM with your email address and I will send you my account history.
__________________
Lessons from successful traders: http://www.trade2win.com/boards/firs...l-traders.html

Increasing trader performance: http://www.trade2win.com/boards/firs...rformance.html

Advice for getting a job in trading: http://www.trade2win.com/boards/gene...b-trading.html
trader_dante is offline Coach/Trainer  
Old Oct 27, 2007, 6:59pm   #55
 
trader_dante's Avatar
Joined Aug 2005
trader_dante started this thread
Quote:
Originally Posted by rathcoole_exile View Post
trade a 21 RSI-ema x-over of the 21 RSI, coupled with a 8/15 EMA x-over, Stop Buys above last high for the next opening. that's all anyone ever needs to know.
enough already of this mystic danteism
there you go, the only money making system you'll ever need.
You heard him people. No need to read on!

Sounds good. Perhaps you'd be so good as to extoll your systems virtues - maybe by way of your account performance? We can compare
__________________
Lessons from successful traders: http://www.trade2win.com/boards/firs...l-traders.html

Increasing trader performance: http://www.trade2win.com/boards/firs...rformance.html

Advice for getting a job in trading: http://www.trade2win.com/boards/gene...b-trading.html
trader_dante is offline Coach/Trainer  
Thanks! The following members like this post: bizmanny
Old Oct 27, 2007, 7:05pm   #56
 
new_trader's Avatar
Joined Jan 2006
Quote:
Originally Posted by trader_dante View Post
I beg to differ. It depends what you mean by a shortcut. If anyone thinks they can learn this overnight then I think they are sincerely mistaken. However, if you don't think that someone with a good few years experience can impart some wisdom that it would take others a much longer time to naturally find out for themselves, then I think you are the one that is mistaken. Send me a PM with your email address and I will send you my account history.
I'm not interested in your account HISTORY. Make some LIVE CHARITY trades on your own account here on T2W. THAT will give you some credibility. Let me guess, this is the sort of system that makes it impossible to do that....

Live trade calls...nothing else matters...

At least OSCAR does that to a degree

http://www.futurestraders.com/
__________________
"It always pays a man to be right at the right time."
-Jesse Livermore


CLICK - My Trading Journal | SEARCH: soundmoneyproject.org |
new_trader is offline  
Old Oct 27, 2007, 7:05pm   #57
 
rathcoole_exile's Avatar
Joined Jun 2007
Quote:
Originally Posted by trader_dante View Post
You heard him people. No need to read on!

Sounds good. Perhaps you'd be so good as to extoll your systems virtues - maybe by way of your account performance? We can compare
I don't want to compare anything, i just want you to ****e or get off the pot after several pages of BS. But at least I openly state my methodology.

Poll ? Just do something ! Nobody cares if its EURUSD, Crude or Google. it'll be crap anyway so just get on with it.
rathcoole_exile is offline  
Thanks! The following members like this post: TheBramble , chump , SHR , spanish89 , price777999 , trader_dante
Old Oct 27, 2007, 7:07pm   #58
 
rols's Avatar
Joined Sep 2004
Surprising it took as many as 50 posts before the hecklers appeared.

Now here's a guy - dante - who has opened up to us all and sincerely (though IMO foolishly) offered to pass on some of his hard earned knowledge.

Does he have to get on his knees and beg to show a little generosity or are we all so battle weary and cynical that we wouldn't recognize a genuine offer if it smacked us in the nose?

He should consider (if he wants to continue) side stepping the messy bit where insults and flaming abound and go straight to private forum.

Plus ca change......
__________________
The future ainít what it used to be. Yogi Berra.
rols is offline  
Thanks! The following members like this post: lurkerlurker , bizmanny , TheBramble , spanish89 , RubenE
Old Oct 27, 2007, 7:08pm   #59
Joined Jan 2007
Thumbs up He Wrote It Down

Quote:
Originally Posted by rathcoole_exile View Post
trade a 21 RSI-ema x-over of the 21 RSI, coupled with a 8/15 EMA x-over, Stop Buys above last high for the next opening. that's all anyone ever needs to know.
enough already of this mystic danteism
there you go, the only money making system you'll ever need.
Hi Rathcoole,

Great post, a method wrote down and complete" ish

awards in the post

Post a couple of chart examples and I"ll award some more points to somebody else so I can give you some more

If you can"t write your method down you have"nt got one what's his name
black bear is offline  
Thanks! The following members like this post: bizmanny
Old Oct 27, 2007, 7:08pm   #60
 
bbmac's Avatar
Joined Jan 2003
Thank you for wanting to share your system/methodology. Although I have a trading edge that I am comfortable with, I for one will follow this thread with interest and an open mind, cause you never stop learning. Good luck.
__________________
I can stand the despair - it's the hope I can't manage (John Cleese - Clockwork.)
bbmac is offline  
Closed Thread

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
A new way of Making Money Online Jetheat The Foyer 24 Dec 5, 2014 6:26pm
If It's All About making Money? RUDEBOY The Foyer 252 Oct 14, 2009 11:55am
Making money with spreads? UKUK Commodities & Money Markets 3 Mar 23, 2007 9:27pm
Spreadbetting: Anyone making money ? ivorm Spread Betting & CFDs 33 Feb 21, 2005 8:37pm
Bloomberg 'Making Money' FatCanary Educational Resources 31 Aug 1, 2003 5:45pm

LinkBacks (?)
LinkBack to this Thread: http://www.trade2win.com/boards/first-steps/26947-making-money-trading.html
Posted By For Type Date
Ideas for Struggling Traders - Page 9 - Traders Laboratory This thread Refback Sep 28, 2008 1:19am
Making Money Trading on First Steps - Page 10 | BoardReader This thread Refback Sep 14, 2008 11:54am
Trend Trading / Carry Trade - Page 8 - DailyFX Forum This thread Refback May 20, 2008 10:15am
Forex: playing with currencies = profit? - The Something Awful Forums This thread Refback May 20, 2008 1:26am
Making Money Trading on First Steps - Page 7 | BoardReader This thread Refback May 19, 2008 11:57am
Trend Trading / Carry Trade - Page 7 - DailyFX Forum This thread Refback May 17, 2008 5:54am
Svenskt forum om valutahandel :: Lser mne - En bra strategi This thread Refback May 4, 2008 8:48am
TMF: Re: Is short term trading worth the effort? / Day Trading - The Devil's Den This thread Refback Apr 28, 2008 11:47am
Svenskt forum om valutahandel :: Lser mne - En bra strategi This thread Refback Apr 24, 2008 11:31am
Message formatted for printing This thread Refback Apr 18, 2008 9:08pm
leedpayne's bookmarks tagged with "Scratch" on del.icio.us This thread Refback Apr 13, 2008 3:52pm
leedpayne's bookmarks on del.icio.us This thread Refback Apr 9, 2008 7:42pm
KD Finanna toka This thread Refback Mar 31, 2008 9:16pm
TMF: Re: Is short term trading worth the effort? / Day Trading - The Devil's Den This thread Refback Mar 12, 2008 2:50am
TMF: Is short term trading worth the effort? / Day Trading - The Devil's Den This thread Refback Mar 10, 2008 10:31pm
TMF: Re: Is short term trading worth the effort? / Day Trading - The Devil's Den This thread Refback Mar 10, 2008 4:23pm
Making Money Trading - Page 159 - T2W Day Trading & Forex Forums This thread Refback Feb 7, 2008 9:29pm
Making Money Trading - Page 153 - T2W Day Trading & Forex Forums This thread Refback Feb 5, 2008 8:59am
2007 Members’ Choice Awards This thread Refback Jan 17, 2008 8:57pm
"Making Money Trading" - thread profile :: BoardReader This thread Refback Dec 14, 2007 5:08pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)