The last three posts have imo, clearly outlined the most important things you should be looking at with this method. You've got your stock scanned, youve got your chart set up and now Richard has just given the entry trigger. Bingo. Just keep on looking at time and sales and level2 depth and...
I thought I'd come on here to give my view to all the doubters.
Mr c's method uses level 2 for his trigger, once the chart has set up. It takes a lot of time to get used to reading the tape, some give up after a little while as they can't be bothered. If you were a member to his private site...
Eh! Please explain why he is not honest. Coming on here to lure potential customers? He has better things to do with his time and it was people like you that drove away one of T2W's long standing true professionals before. Without Richard and people like Naz, T2W would be a sadder place. So...
So not true. Trading for a living can be a lonely existance and I believe he gets utmost pleasure from helping people, even coming on these boards and providing FREE information. Of course he charges for his time as it's lost income from trading. I know he makes more money from trading than...
You're right, but what Richard has done is to package up something that really works. He talks the talk and walks the walk. So many newbies search far and wide to make them successful. Shorten the learning curve and see Richard. It's up to you, but I know what I would do and I made that jump...
Couldn't of said it better myself Dave. To reiterate, method discipline and patience is key in this game. Richards methods work to the tee, it just takes lots of practice and bundles of humility. I genuinely hope you on the road to recovery Dave.
Best wishes to you and Pete
What was yesterdays trade? Talking Dow cash, 8088 to 8178, 90 points, were gapping up 50 odd points, what Dow behaviour has just occurred on the futures, 8190, what chart pattern has just occurred, a H&S...so we assume YT is finished at the open.
This has been a lively debate! Welll, I am still using Stuart's method and raking in the points every week. Some days the Dow conforms wonderfully, like yesterday after a pretty choppy morning, some days it doesn't. You can't expect to get monster trades every day, but yesterday was an exception...