That's a pretty narrow generalization. :confused:
There are top professionals in any field who take on apprentices, teaches newbies and make efforts to spread out their skills. Then why not in trading? They don't do this because they need the money. They may want more employees, or seek fame and...
Lol! I think he's just repeating what we've all heard many times before. It's nothing new. The 'goldman sachs-rule-the-world' comment was a bit silly and overdone, I think.
By the way, I think one article mentioned that he already has a mentoring site :)
Well, some investment banks do badly because they use a bull market strategy in the bear market. Maybe they have too many 20-year olds on their trading floors. Or maybe they are able to write off profits somehow and make more money on losses. Who knows. But tons of other investors and traders...
I personally don't agree that you learn to trade by surfing the internet for materials. I mean, how will you even know where to begin and what to select?? It's an endless pit of contradictory information out there. You'd be wasting tons of money, effort and time making mistakes you could avoid...
But what's really untrue with what he said? He is simply stating facts. Recession is great for day traders but bad for long term investors.
The profits in finanace is greater than ever during the financial crisis.
You must be kidding me? That internet troll and marketing pro???
Timothy Sykes is a total conn artist. I got a marketing campaign claiming this charlatan made over $30 million from trading, signed by his "accountant". Total crock and bull. This joker is not only making smaller and smaller...
Zanger seems like a cool trader, but don't follow his advice on shorts. He just doesn't succeed with shorts and if you stick to his advice on shorts, you'd have major losses.
Sykes is an a**hole and a total conn artist. He's got the worse reputation around and is known more as an infectuous internet troll than a trader. That's why he got banned from Trader Monthly and other trading magazines who won't touch this attention seeking crapper. Everyone who has dealt with...
I have trader friends who do well even to this day by really old systems, while they don't do well by new systems. So, dating back 25 years doesn't mean it has to be obsolete or bad.
Anyone has experience with the GANN system? I'm keen to hear feedback from anyone who has experience in the Gann system:
How long have you used the GANN system?
Which system did you use: the one by Gann himself, or by a follower/interpreter of Gann?
And how did it work for you?
Thanks! :)