My God! Is this some big wind-up? Bad luck: Because you're failed. To succeed in a market that can throw anything at you, you have to have the right kind of psychology and not get emotional. The ridiculous content of some of the previous posts here on this thread is just laughable.
Perhaps we should deal with some
FACTS here. Both you LevII and TheBramble have a quite obvious agenda to attack Richard. This is evident not only now, but in your historical posts. A lot of the older T2W members realise that, the newbies perhaps unfortunately do not.
On most occassions you might attempt to word it in an innocent-sounding way, but deep down poison is running through your words.
*IF* I was Richard, I would request the mods remove your (and mine, in order to clear this thread) posts because the points raised have no basis whatsoever.
I did not actually realise, when posting those links it went to an individual post instead of just to the post within the thread. Here's a link to the thread, in case people missed it/didn't click on it from a post. I'd LOVE for anyone to read it and come out with the same opinions you seem to have:
http://www.trade2win.com/boards/showthread.php?t=10214
LevII, I failed to read further - and realise *you* were an active participant in the thread!! How fascinating! It also has at *least* one person (I read it yesterday, not going to re-read right now) saying they're making money! It has even more saying the course was good. So goodbye to your credibility in this matter. Your attacks in Richard's credibility are nothing short of deliberate and ill-intentioned. Are you merely pissed off that he wouldn't/won't train you, and you can't gain the knowledge so easily and his great help?
As far as martinwalker, I know not who he is. As I said, even the previous quoted thread was before my time here and got buried such that I had not found it until yesterday. I've now reviewed all of his 26 posts - and actually it appears that he was someone like me. He received coaching, and went on to find success? Is this not true?
He then disappeared, and I don't blame him - if people like you keep posting such ridiculous stuff I might give up wasting my time! In fact, I HAD planned on giving up posting here - but then I just wanted to give a little bit of help to newbies in one of my posts here and congratulate Richard on his trades. When I saw the posts come through attacking him however, I could not let it rest. Those intelligent enough to have read the previous posts and understood them will clearly see through you guys.
There are people who make billions on the markets, there are people who make hundreds, tens of millions. There are people who only make millions, there are people who make hundreds of thousands. You patently don't, and will not unless you can change your attitudes ever fit into one of these categories.
You seem envious that martinwalker states he flies a Cessna? What exactly is so laughable about that? I know some pilots, who when learning to fly had a lot less money than it is possible to earn from trading when you have the right mindset and plan.
I think perhaps if you reviewed posts more, you would realise that you are jumping to a conclusion in saying
HOT stocks will leave you burned. In fact, you are! Perhaps you're the kind of guys (or ladies, I know not which) who when younger (or even now) wouldn't go for the
HOT women (or men, whoever you are) because you were afraid of being burned. You never realised, that in the same way the terminolgy applies to that scenario: That you would never get "burned" you might just get rebuffed as with anyone.. but I guess you never saw it like that? A word can have multiple definitions. In this case, a hot stock is a stock which has the potential to MOVE. Just because a stock has this potential, what precisely makes it a higher-risk that could get me burned? Ignorance shows here in your post, because if you have the right knowledge of stocks and Level II Yes, if you want to get into positions and have a very very high probability of controlling your losses to a few cents -
you need Level II. If you're pairs trading, or doing another type of trading that can possibly offset losses against winners then so long as you have the right edge you might be able to get away without it. However, I prefer to have tiny losers and let my winners run! Sure suits me better! But again, I repeat I have not dismissed the trading methodologies of anyone else. If something works - it works!
Ultimately
trading comes down to the individual. As has been stated many times, you only need look at something like the Turtle Traders to see how very true this is. You could give a great system to a bad trader, and they'd lose money. You could give a fairly poor system to a great trader, they'd make money. Note, by system here I mean one posessing an edge.
TheBramble: For a "brilliant technical analyst" you truly make me laugh. I am having a lot of fun here. I quote you:
You have been highly selective in my view of those who have had the 'experience'. And jonnyt would no doubt like to update his comments were he around, but that's understandable.
JonnyT, I feel sorry for him. Didn't see him making bad words or insulting people the way you to. He traded Forex, not US stocks. Unfortunately it seems as a full-time profession he wasn't able to succeed. I hope he's able to come back and try again one day, it seemed he didn't get the support from his family that would form a central and important psychological role. You might like to retract your comments, or find JonnyT to comment. He's stopped posting here, but one of his final posts says:
Well the short answer is I' ve traded Forex full time for four months and have made a loss. I've had to bite the bullet and take a job.
Several years ago I did take the Mr Charts course and on the day paper traded over £1000 profits. At the time I had a secure job etc and with family committments decided to continue working. Having been made redundant I gave trading a go, but with Forex. My interest with Forex had always been mechanical and some systems worked great for 18 months then stopped working. One system doubled my money in 4 weeks, then stopped dead despite a years backtesting showing how good it could be!
I now think Forex is saturated, everyones there and the market dynamics have changed. I now agree with Mr Charts that stock trading is the easiest and the one most likely to make you suceed.
I highlighted that bold, because you evidently missed that!
Bramble, my central thrust here is that you deliberately attack Mr Charts, and that you mis-lead those who don't have the balanced information to come to the correct conclusion. How the hell would a poll be relevant to the issue I raised? It would not and could not. Read my previous posts again. The ball has never even left your court on this issue - I gave you a challenge in one of my first posts yesterday and you wouldn't accept it.
You've picked the wrong advocate, my fellow posters. Support for Mr C is all over these boards and most people will, quite rightly feel that they have no need to post here - because they already have in the past.
Right, enough of my time used up! Back to enjoying my weekend. That's not to say I am not enjoying showing some of you up for who you truly are!
