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Has anyone ever heard of Felton Trading? (www.feltontrading.com)

  #356 (permalink)

Bala, PA, USA
 
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Mirus, IB
Favorite Futures: SPY, Oil, Euro
 
monpere's Avatar
 
Posts: 1,858 since Jul 2010
Thanks: 300 given, 3,321 received


DionysusToast View Post
When I read something like this, it really makes me sad....

Partly because people still put their faith in mathematical derivatives of price as opposed to understanding market dynamics.

Partly because when I say this, I will be branded a negative a$$hole by saying so.



trendisyourfriend View Post
Curious you mention that, i was thinking along the same lines myself. Why not trying to learn from known masters like James Dalton to name one person for a start and build your own system around that. It takes time but at least you'd start correctly.

I think as traders we benefit from learning about every approach to the markets. For instance, I am not a market profile trader, or an order flow trader, but I thought it was important to at least learn the basics of these approaches, and determine their worth for me personally, and if/how they would fit with my trading personality. Although I determined that I didn't particularly believe in them, or that they did not fit my trading style, I still think it was important to learn about them. That helps me as a trader by broadening my trading views, and by getting insight on how other groups of traders think, and what decisions they might make at various places. Having insight into the plan of traders you might be trading against, may potentially be exploitable and be a viable trading approach in and of itself.

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