Hi all,
I'd like to say that i'm still disappointed but yet not surprised. This happens all too often, someone asks a very valid question, for one that will help this forum and those many others that read it and yet it quickly falls into arguments, difference of opinions and becomes edging on personal. This benefits no one.
More often than not (and one can usually tell) there are posts by those new traders who have had it 'lucky' for a few months or days posting that they know all and this is the way to do it etc. Others will have a bad negative attitude as they have had loss after loss and cant understand it, their perception very quickly becomes 'if I cant do it then you cant either, if you can prove it to me'. This is all very destructive to all and would solve nor prove anything.
The whole part of this forum is a for like minded people, new or old,rich or poor and successful or not - the main ingredient is smart work and effort. Surely everyone would do far better teaming up with those that really want to learn and do the basics first, ie paper trade systems, trading abilities, graphs, trendlines....the list goes on....until that moment where you find something that works for you and your team.
Lets understand for a moment that trading houses, big firms, banks and insurance brokerages, in fact every man and his dog that has a hand in the market has major influence. The big players alone have scores of people constantly researching to build a bigger picture for their fat bonus's. So....How would an individual expect to compete. This is more prudent if one has other commitments during the day. So a team is a big help to research the major important stuff that one person could not manage, It also provides much needed support.
As many people (long term including the mods) on here will know (and those that know of me and have met me in person) that I operate in a small close knit team and we research trades, momentum, fundamentals and technicals. We are all trained in all but we are certainly not jack of all trades. We will take in turns to research different (and quite often the same) instruments to look for the same result, that is the market direction. If we all agree then the only discussion is risk management, entry and exit points and a working strategy for the planned trade, all the work goes into the trade before hand, not after. Clicking the mouse is the easy part.
It only ever goes one of 2 ways, it should be 50-50 (minus the spread/commissions) so keeping just a little behind the big guys and a few steps in front of the guy on the streets shouldn't prove too difficult, it doesn't have to be nor should it be this way. Naturally this is evident in ones own bank at the end of each month.
I am calling out for anyone that wants to join me/us in our constant and ongoing strive to keep succeeding.
PLEASE NOTE:
I am not a vendor nor propose to become one.
I do not charge
I do however expect:
Hard work and commitment, even if its only a few hours per day that one could spare.
That you have a certain basic understanding of the markets - ie, we don't wish to train newbies or allow anyone to purposely 'piggy back' our trades.
We don't wish for people that have bad habits nor those that wont listen nor willing to change - we've had this many times in the past and those people disappear never to be heard of again (or pop up under a different name).
The trades must be Uk equities, FTSE 100, DJIA, S&P500, DAX 30 only.
I am who I say I am and remain to this day extremely transparent in what I do. If you wish to trade with me and help me with research as well as paper trading, live trading , it doesn't matter to me - then I can be contacted on my skype address lee.shepherd30 or see my profile page. Please note that you must have a mic, we don't type whilst in trades as it takes too long and errors can be plentiful this way.
If you've bothered to read this post in full then your closer than you think to making money. It takes a lot of screen time in this game.
Have a great weekend,
Lee Shepherd
