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He's just sucking money out of people that badly want to learn how to trade well. Don't waste your time even watching his videos, it may even be that he set up an elaborate way to show him trading replay markets as if they are in real time. Maybe he has some sort of inferiority complex and wants everyone to believe he's some sort of guru. I remember when I first started watching him he was trading 10 packs on the FDAX and making anything from Euros 5000 to 25000 in a session every single day, no losing trades. Making all this money and moved to a mortgaged property close to the airport hmmmmmm. If those aren't enough red flags??
thank you for your answer. Is it possible that you write me an E-Mail, I have additional questions and dont want to discuss in public? "Mandrini @ women-at-work. org"
He's just another one of these pathetic fraudulent educators on the web. Trader from Amsterdam (Rolan Agra Diapari) is a fake, a SIM trader. Don't waste any money on him. More to come on him within short .
Yes Trader from Amsterdam is the real deal. He is a more a "short term" trader than a true scalper, but many people would simply term him a scalper. Anyone who knows anything about short term trading knows the hit rate is very high, so one might think him a trading god if not clued up. But he is not a god. He has losing trades, several each week. Last week he had a loss of 42 ticks on a single FDAX trade. That is why I say he is not a true scalper, those Jigsaw guy would*never let a position go south by that much. And the wall clock in his room does not work, so I wouldn't bother forming any massive conclusions from the time it displays!
What he does well is "plan your trade and trade your plan", the No1 rule for a trader. And if he loses, he will AIM to increase the number of contracts, or perhaps shoot for a few more ticks, for the next trade to try and recover his loss. Of course this is not always possible as the market does not care if you have lost etc. Then he drops back to his regular qty of 5-6 contacts (not a massive amount) but very often he is only trading 3 contracts. He regularly does not yet filled, and has slippage when using market orders like we all do.
His strategy is VERY simple, like many scalpers, identify key levels and watch how the market reacts*at those levels. If the market shows signs of momentum enter quickly. He has a fixed profit target for the majority of his position, and he leaves 1 contract open as a runner. He is only looking for 5 or 6 ticks and then he is out.
It is not rocket science. Just Google scalping strategies. He watches what everyone else is watching (otherwise what would be the point given the self fulfilling nature/prophecy of the markets), e.g. prior OHLC, round numbers, volume profile, etc. All his techniques are on his YouTube channel stretching back 5+ years and over 100s of videos. He doesn't bother updating YouTube these days but everything is on there, no secrets.*
I trade the FDAX*and it has a personality all of it's own. If you put in the screen time, you will be able to spot when momentum is shifting as price behaves very differently and it is obvious when you watch the DOM. If you are brand new I would learn trading using crude oil futures as FDAX can rip your face off. But if you are 100% disciplined then maybe you can start with FDAX.
In my trading experience, executing a wining trade, and therefore making money was not difficult. However what I always found VERY difficult was keeping hold of the money. For years I just gave it straight back and then some. I found it very hard to just sit on my hands and wait for high probability trades to play out, ignore*FOMO etc.
Over the years I traded every strategy under the sun, before ending up with scalping and yes I am consistently profitable. Speaking personally my issues were 99% psychology, and took years to resolve, mostly because I was following an incorrect approach otherwise would have learnt the ropes much sooner. I don't mind helping some people on here, there are no secrets, but what you 100% have to do it is COMPLETE the exercises. Otherwise you will not form the habits which are at the core of being consistent.
Most retail traders have got it upside down. They think reading more books and increasing knowledge is the answer, or perhaps finding a new strategy/indicator will solve their problems. THIS IS WRONG. You need to increase your actual trading time, when you are executing your plan/rules. This will re-write your brain (neural pathways). Do this for 30 days and your problems are solved. But most traders can not follow their rules for 2 days (let alone 30 days), or they won't even bother trying as they will refuse to believe such massive problems can be solved so easily. So they self sabotage their trading and continue searching for the holy grail which does not exist!
I have to go to bed now and read my book (John Grisham fiction, not trading!). But I can post something tomorrow if you like, a few rules to becoming profitable.*
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