bill mcdowell | Trading Reviews and Vendors - futures trading strategies, market news, trading charts and platforms

Trading Reviews and Vendors

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bill mcdowell

  #51 (permalink)

Elite Member
Trading Experience: Intermediate
Platform: MT4, StrategyRunner
Favorite Futures: ES,EUR/USD,Oil
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Posts: 123 since Dec 2010
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cunparis View Post

Be careful of "setups". That implies a mechanical way of looking at the market, which is dynamic. Each situation is unique.

I learn a lot from FT71, in a more conceptual nature. He often tweets things before they happen rather than commenting in hindsight. And it's free. I can't see any reason to pay someone to comment in hindsight when you can follow FT71 for free.

You cannot apply setups/patterns mechanically but in the end, you are always looking for a reocurring pattern, theme or whatever you might call it.

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