Shadowtraders system. Scam or real? (www.shadowtraders.com) | Trading Reviews and Vendors


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Shadowtraders system. Scam or real? (www.shadowtraders.com)

  #86 (permalink)

Elite Member
Philly, Pa
 
Futures Experience: Master
Platform: NinjaTrader
Favorite Futures: ES, ZB
 
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heywally View Post
That's a good one of his, hadn't heard it. I oversimplify of course but with the right time frame and conservative position sizing, you can cobble together a pretty simple and good -- generally, non day-trading -- system using support and resistance levels for buying and selling. Most people here though, are looking for more frequent day trading profits ... I am mostly moving away from that, largely because my entries and trading vehicles are pretty decent but I take profits too quickly.


Roger, that. My "average time in the market" is up to 290.00 minutes this year.

From a previous post of mine...

A classic - Father Guido Sarducci's Five Minute University - YouTube


Father Guido Sarducci's Five Minute Trading University

All you really need to learn to become a successful trader...

master the 4m’s
markets- price action
mental- emotional discipline
methodology - cut you losses, let your profits run
money management - risk less than you expect to make

direction
higher
lower
sideways

participants
short-time-frame
long- time-frame
smart money
dumb money

day structure
range day
trend day

trading set-ups
reversal
breakout
continuation

strategy
buy low, sell high
sell high, buy low
buy high, sell higher
sell low, buy lower

benchmarks
VWAP
pivots
support & resistance
trendlines and channels
fibs
value
50EMA


Last edited by tigertrader; February 17th, 2012 at 01:50 PM.
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