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From my own experience and those around me, if you have a mentor who is successful it will save a LOT of time. Most of the courses out here will teach you just the analytics, the real work is in understanding and working on your self. There is no greater challenge in trading or life in general...

Could be any or all of the reasons mentioned. Traders are either already prepared with strategies that work under different conditions, or the main reason is usually a clarity on what we are doing. I have met traders that read the markets very clearly at any time, so for them the strategy is...

Thank you for your reply Android24, I understand what you are saying. From my own experience over the last 14 years or so with programmers, I find that most ofthe mare very good programmers but very very few also good traders. There is an edge they can develop as programmers which makes some of...

Hello Mcquant, Thank you that is great. I will see how I get on. Much appreciated. (y)(y)(y)

Some interesting comments about auto trading. I completly understand the views expressed. But i am stil not sure why one would not trade it on auto completly. I understand the slippage etc and market price changing quickly, but I am sure these can be coded. Wth regards to entries and exits...

Hello Mcquant, Thank you for your message. Not negative at all and very helpful. I am not a prgrammer so advice from expereinced people is always welcome. I undertand what you mean about custome built systems. I have looked ath Lean just now and it looks good, but makes very little sense to me...

Thank you CavaliereVerde...I have looked further into that Zorro Trader....looks like a good piece of software and has the tools to create the additional functions I need. I will try it and see how I get on.

Had a brief look. They have an extensive range of tools that one can use. But i dont see what I need yet, will look into a bit more. They have a lot of custom indicators, I need to create my own 'indicator' as it were and the way to implement it in the stratgey. It is probably just my limited...

Thank you CavalierreVerde. I will check it out.

I agree. Most traders that trade successfully are doing it in away that is almost normal to them in another area of their life. They are not entirely conscious of the inner working of the mind or how they are doing it, to explain it to another. There is that saying that those that can trade and...

Hello CavalierreVerde....no I dont know Zorro-trader. Ie he one of the members on here?

The course was run by Chuck Mellon just organised by Anthony Robbins.

Oh yes, Alan Rich, I remember now. I visited him once also for a day course. Cant remember it or its effect. No disrepect to him.

I did a private course back in 1998. I found the approach at the time an eye opener as I had little experience of trading. I followed the rules diligently and within a few months I could read the charts and was making very good analysis of the markets. It was a private trader so I won’t name...

Thanks iq200. Yes a fair bit to do. And the handholding is the vital part, I dont mind paying but it is the the most important part. Until I find the right working partner with whom I can share the sytem with I would have to code it myself. I have had a few bad experiences where I had shared...