Jon Adams
GBThe six figures from Scratch book… The six figures from Scratch book states it gives information on 65 Chart patterns, 61 stop loss methods , 46 scaling , 47 indicators. In reality you only need to find a formation of a few of these but what makes this extremely difficult is it takes many, many years to find what could work for the individual. I'll give you an analogy for an example. Imagine a secret Italian sauce recipe that's been a family secret for many years. It took them years too perfect with many trials including sampling 1000's of different ingredients at different times and many different amounts and temperatures. they eventually found the right amount to make it a huge success. Trading is the same. Unless you have been given the secret recipe or taken the time to see if you can make the secret sauce , you must expect to go through years of experiments , which will involve trying 100's of different methods and 1000's of ways to lose. if you have the stomach to go through all the trials and tribulations, you might just find a way.
Douglas Miller
GBSIMPLE BUT VERY EFFECTIVE I recently embarked on sifting through the multitude of youtube videos (most claiming they have the edge in order for you to become a successful trader). Some are very good, however just reading the content (and not all of the 6 figure from scratch pdf file, and being honest I have skipped through to the section I wanted to read), I decided to trade Simon Pullen's double M pattern, and hey presto traded a modest win. What was interesting was that I placed my SELL STOP trade and followed the simple guidelines re: risk reward with no emotional concern as to whether the trade would be successful or not. The simplicity of the trade was a calming experience for me emotionally. Only time will tell whether my experience will be similar for all my trades. I work 9-5 Mon-Fri so this strategy appealed to me. The content on the pdf file is descriptive but not heavy. This has simplified my understanding, the trick now is to stay disciplined and have more wins than losses.
Anonymous
IEGenuine traders teaching trading the right way Genuine, no show off people trying to help people learn trading the right way. They teach proven scientific strategies and have a student progression plan that emphasises on backtesting first, then paper trading for 5 months and finally starting with a very small capital and targeting just 3% per month. I wish there were more genuine people like this community unlike people who post click bait videos like I made $1-5k in 5 mins, don’t fall for these videos and focus on learning first - something you would hardly find in this group, they don’t have click bait or flashy content like expensive cars, etc. they are here to help people genuinely.
durshak shingadia
AU"Trading Cafe: Where Diversity Drives Success" At the Trading Cafe, people of all backgrounds come together. Experienced traders and beginners alike share advice and help each other out. It's a lively place where everyone works together to succeed in trading.
Hugh O'Byrne
IETrading like an idiot for the last few years I've been trading for 5 years and have survived it. I'm reading the book and it is life changing. I have lots of questions on my ability to recognise the patterns, practise them, build strategies and above all else stick to the plan. The next few months are going to be very interesting. Thanks you all for the advice freely given :)