Hi,
What??? My post or my site??? LOL!!!
Seriously though: I'm eternally grateful for all the help and guidance that I've received from others over the past few years from members of forums such as this but but they've grown to the point where I even I would now have a hard time finding a trading system or methodology that works on any of them i.e. if you started at the beginning of any one of the bigger messages boards and tried every trading system that was being discussed, and assuming you were unlucky enough that the first few you tried didn't work for you, you'd run out of capital before reaching the end of the first page!!! So my intention really is just to present five trading systems that I trade and now trade ONLY (I also did my fair share of jumping from trading sytem to trading system for the first year or two and it only led to tears in my case). The trading systems are not proprietary or of my own design. As a matter of fact: all five are in the public domain really (well at least three of them of pretty well known anyway let me put it that way). They're by no means the only trading systems in the world and they may or may not be the best trading systems in the world but they work for me and the same goes for my broker i.e. Deltastock. They may or may not be the best broker in the world but they've been good to me and I can vouch for them and the combination of the trading systems presented on my site, the indicators that I've coded for them, and my broker, simply work. Alright: without a decent amount of capital you're not going to be able to retire next week with these trading systems that's for sure but you'll be able to build up your trading capital slowly and steadily and that, to me, is what it's all about really (scalping and short-term trading and stuff like that has never worked for me). I guess you could say that my intention is to provide a total 'package' or 'recipe' and as long as you are able to follow the said trading systems you should be alright i.e. the only thing I cannot help anybody with (but will try of course) is their 'trading psychology' which is the most difficult part of trading I believe. One or two of those systems that I present didn't work for me three years ago but they work now (without changes or tweaks of any kind). Why??? Because it took me a long while and cost me a lot of money to reliase that without strict money management and without being able to control your emotions it doees not matter HOW good your trading systems are or how good and honest and honourable your broker is you will STILL not make money in this business.
Yes: I could (and was going to do the same thing of all of the major message boards such as this) but I tried that before. The problem is that the threads always end up going off-topic and the same questions get asked over and over and over again (I think that if anyone posts on my board asking 'which broker is best' or 'how do I make 100% profit per day' I'll personally hunt them down and kill them)!!! LOL!!!
Anyway: just as long as doing this does not COST me any money I'm only too happy to try to help. Most people don't have the privilege that I've had of being able to simply give up their day job (in my case my IT business that I had for sixteen years or more) and sit with this stuff day in and day out, seven days per week, and twenty five hours per day (that's twenty four hours per day plus my lunch hour!!! LOL!!!) so I've been able to accelerate the learning process I guess. I also don't believe that it's possible to get to know and understand the fundamentals of the market (any market) when starting out. That takes years and years and unless you were born into this business I doubt that you're ever going to have the knowledge required to trade fundamentally and anybody that thinks differently I honestly believe are fooling themselves. Even in the relativley short space of time that I've been at this (five years going on six if I'm not mistaken) I myself have seen a change in behaviour of the market insofar as fundamentals are concerned and all of those supposed fundamental rules have been turned on their head as it were. Reactions to news data releases are today totally different and in most cases totally opposite to what they used to be a few years ago (not that I trade the news but I do notice the impact that it has on open trades).
And yes I know: everybody and anybody that goes to my site is going to think 'yeh yeh: here's just another IB trying to make some commissions'. Well: that's their choice and if I may be so sold bold as to say their loss. Trust me (and I think I noted this somewhere before): not unless you have a LOT of clients and they have HUGE accounts is IB commission worth anything on a monthly basis but if it pays for my cigarettes (I smoke a lot) and if it pays for the upkeep of the site then why not. At the moment registration and membership is free as it costs me nothing more than time and $7 a month (to ensure that it's free of Google Adwords) (I trade only the daily charts so I have the time believe me). But who knows??? If I get the members and they're making money is anybody going to have an issue paying $120 per annum to be a member (eventually, maybe)??? And if so would you turn down $120 000 per annum (assuming only 1 000 traders at $10 per month) for mainting a message board and helping others??? I think not.
Anyway: if my ramblings and my trading systems and my site helps others then I've accomplished something in life. If not, well, I'll always have my own trading and my broker!!! LOL!!!
By the way: I dont' know what those pictures are supposed to be at the bottom of your post (signature) i.e. they only appear as 'blank blocks' (I think the links are broken or something like that). I just thought you'd like to know.
Regards.
Dale.
