Exceptional Free Info

[Doomberg]

We're all aware that there are many vendors out there who like to charge 1000's for info that you could probably find for free somewhere else. I have been looking at James16's free stuff this week and i must say that it's the best i've found yet, here's the link... i found the rants and charts vid exceptionally good for a free vid although he is a slow talker lol!

Traders Links at The James 16 Group

What other gems of info have you found?

p.s thanks MajorDutch for that link

 

[DionysusToast]

FT71 stuff is good in my opinion. His webinars are not free but the very small amount of $$$ goes to charity.

dbPheonix free book is an interesting read and will have you thinking outside of the TA box.

Phantom of the Pits is also a very interesting read.

 

[Doomberg]

Cheers DT, will look in to it

Wow what a day today 11 wins 0 losses, anyone else shorting today?

 

[lerix]

thanks will watch it later today

 

[pboyles]

We're all aware that there are many vendors out there who like to charge 1000's for info that you could probably find for free somewhere else. I have been looking at James16's free stuff this week and i must say that it's the best i've found yet, here's the link... i found the rants and charts vid exceptionally good for a free vid although he is a slow talker lol!

Traders Links at The James 16 Group

What other gems of info have you found?

p.s thanks MajorDutch for that link

That stuff is the best I've come across, I havnt looked at it in a few years but the free stuff was more than enough to get you started back then. The only thing I would say is that trading every PIN bar or BEOB or whatever will not be profitable, some discretion is still required.

 

[brettus]

We're all aware that there are many vendors out there who like to charge 1000's for info that you could probably find for free somewhere else. I have been looking at James16's free stuff this week and i must say that it's the best i've found yet, here's the link... i found the rants and charts vid exceptionally good for a free vid although he is a slow talker lol!

Traders Links at The James 16 Group

What other gems of info have you found?

p.s thanks MajorDutch for that link

Yea this stuff is great. I've learn't a lot of the guys who teach what he does. The best way to become profitable is trading off the higher time frames.

 

[Doomberg]

Good input guys, i'm really enjoying his work... the best free stuff i've seen up to now

 

[Hotch]

You may want to sit down for this, but I never got the whole fascination with J16/Donkey/PA. I mean, wtf is this bull****?

100 Pips Per Month

All he's really saying is "make 20R a month at 3% risk and you'll be rich in no time", well if you needed someone to point that out to you, I don't understand how you survive life on a day to day basis.

 

[MajorDutch]

So you don't believe in price action? What u sayin? Doesn't work for everyone. James16 material often does state the obvious as its aimed at noobs. I don't disagree with anything he said in that link even if it is obvious.

 

[Hotch]

I'm only saying I don't understand why people get moist in their pants when J16 is mentioned. Let's face it, price action is just a meaningless term, it's very useful to trading coaches because they can get away without defining anything, as opposed to actually giving entry and exit criteria which can be judged quantitatively.

I disagree that you should only take A+ setups, it's incomprehensible why anybody would not want to hedge their risk across all setups which have positive expectancy. Of course though, A+ setups aren't defined, surprise surprise.

 

[JRP2891]

I'm only saying I don't understand why people get moist in their pants when J16 is mentioned. Let's face it, price action is just a meaningless term, it's very useful to trading coaches because they can get away without defining anything, as opposed to actually giving entry and exit criteria which can be judged quantitatively.

I disagree that you should only take A+ setups, it's incomprehensible why anybody would not want to hedge their risk across all setups which have positive expectancy. Of course though, A+ setups aren't defined, surprise surprise.

Agree with you on that one. The fact is, J16 and other "only take the best set-ups" groups, appeal to the biases of the majority who don't want to lose any money. Ironically though, that's the first thing you need to learn to do, to make any money.

 

[MajorDutch]

I'm only saying I don't understand why people get moist in their pants when J16 is mentioned. Let's face it, price action is just a meaningless term, it's very useful to trading coaches because they can get away without defining anything, as opposed to actually giving entry and exit criteria which can be judged quantitatively.

I disagree that you should only take A+ setups, it's incomprehensible why anybody would not want to hedge their risk across all setups which have positive expectancy. Of course though, A+ setups aren't defined, surprise surprise.

good discussion points. Isn't price action just the study of past price to try and work out the probability of price doing something else in the future? I agree price action is mainly misused by trading coaches as a blanket coverage term but price action isn't meaningless. Surely because some people interpret it's meaning in the wrong way doesn't make it 'meaningless'. I am sure Mr Toast will be along in a minute to say anyone using PA should be beheaded.

I agree J16 doesn't give you specific entry criteria, nor is it an alert service. nothings perfect but I do rate J16 as one of the few vendors out there that can produce genuine results. can you name any others? I haven't found any others yet?

 

[MajorDutch]

Agree with you on that one. The fact is, J16 and other "only take the best set-ups" groups, appeal to the biases of the majority who don't want to lose any money. Ironically though, that's the first thing you need to learn to do, to make any money.

'the majority who dont want to lose money' - let me guess you are part of the minority that want's to lose money

prob one of the strangest comments I have ever read on T2W. troll denied lol.

 

[forker]

nobrainertrades.com is also not a bad resource

 

[Hotch]

good discussion points. Isn't price action just the study of past price to try and work out the probability of price doing something else in the future? I agree price action is mainly misused by trading coaches as a blanket coverage term but price action isn't meaningless. Surely because some people interpret it's meaning in the wrong way doesn't make it 'meaningless'. I am sure Mr Toast will be along in a minute to say anyone using PA should be beheaded.

I agree J16 doesn't give you specific entry criteria, nor is it an alert service. nothings perfect but I do rate J16 as one of the few vendors out there that can produce genuine results. can you name any others? I haven't found any others yet?

Investopedia defines it as "The movement of a security's price.", so just movement. AFAIK it's just looking at the chart with some candlestick analysis. I'm not saying there's nothing to the method.

Jacko got genuine results until very recently, without a set system, how can you judge a method, if could just be luck/multiple accounts etc. Fear not, I'll start selling a system!

 

[JRP2891]

'the majority who dont want to lose money' - let me guess you are part of the minority that want's to lose money

prob one of the strangest comments I have ever read on T2W. troll denied lol.

I'm not surprised it went over your head.

 

[VendorExterminator]

Agree with you on that one. The fact is, J16 and other "only take the best set-ups" groups, appeal to the biases of the majority who don't want to lose any money. Ironically though, that's the first thing you need to learn to do, to make any money.

This is very true.

Losses are an integral part of trading which most retail participants are looking to avoid at all costs. As a result they go down the 1 trade a day route, or the mentioned high probability trading nonsense. However, if they really want to progress, they need to get their head around accepting losses and losing money regularly, as part of a strategy with a positive expectancy.

 

[new_trader]

I'm only saying I don't understand why people get moist in their pants when J16 is mentioned. Let's face it, price action is just a meaningless term, it's very useful to trading coaches because they can get away without defining anything, as opposed to actually giving entry and exit criteria which can be judged quantitatively.

I disagree that you should only take A+ setups, it's incomprehensible why anybody would not want to hedge their risk across all setups which have positive expectancy. Of course though, A+ setups aren't defined, surprise surprise.

I'm not surprised it is incomprehensible to you. It is incomprehensible to the overwhelming majority of people in this forum who trade 'mechanical' hit-and-miss, take a stab in the dark trading 'systems'.

Stick with your A+ setups MajorDutch, trust me when I say that you will make real progress when you ignore the majority in this forum.

 

[VendorExterminator]

I'm not surprised it is incomprehensible to you. It is incomprehensible to the overwhelming majority of people in this forum who trade 'mechanical' hit-and-miss, take a stab in the dark trading 'systems'.

Stick with your A+ setups MajorDutch, trust me when I say that you will make real progress when you ignore the majority in this forum.

New trader, the majority are trading pins and being really, really, really selective.

 

[Hotch]

I'm not surprised it is incomprehensible to you. It is incomprehensible to the overwhelming majority of people in this forum who trade 'mechanical' hit-and-miss, take a stab in the dark trading 'systems'.

Stick with your A+ setups MajorDutch, trust me when I say that you will make real progress when you ignore the majority in this forum.

Because why have a large edge when you can have a small one.