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You notice that the Discord group you entered got partially blanked out. We can't permit Discord groups on the forum, because of the potential for unscrupulous vendors using them as a way to make a pitch to our members outside of our rules. I know that's not you, but we had to make this a general rule. The system now automatically recognizes Discord groups and inactivates their id.
Again, sorry, and I know this doesn't apply to you, but we needed to put this in place after many abuses, and it affects everyone now.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote
I enjoy watching Mack, but I have yet to understand his system. I purchased an indicator from TDU that helps a trader understand his 2 legged trading system, and also purchased his indicator, but they dont work very well if you dont understand the system. What I wish I could find is a channel trendline indicator that can discern the price channel. I have about ten trendline indicators, but none of them are able to follow the channels he provides.
Yep, TL's are definitely part of the system. I never seemed to get them quite right either so I now use a dynamic channel called Linear regression Hi-Lo. It plots in real time the number of bars back you want. It doesn't give you the big overall channels but it keeps current with the PA so it works for me.
I still draw a few manually, and for the bigger channels I have HTF chart with the same indi running which gives me the larger channels.
Keep working it and watching his videos, Mack says it takes time but it's "learnable". Good Luck!
Example from pre-open yesterday.
Just saw this thread, so I thought I'd throw in my 2 cents.
I highly recommend the SMB Capital. They trade mostly stocks, but many concepts apply to futures as well.
They will try to sell you their expensive courses... however their free stuff is more than enough and beats 95%+ of commercial trading materials out there. Nuff said.
You are never in the wrong place... but sometimes you are in the right place looking at things in the wrong way.
I also would refer others to Alex. Especially if they are trying to follow the Strat and use options. I dont trade options, but he does cover many stocks. I am trying to learn the strat, but remain confused. His monthly fee is 15 bucks a month which isnt too bad. I sure would like to see someone who could create a broadening formation indicator. (Which they use in the strat) I found something from PatternSmart, but having purchased an indicator from them once before, I am leery of a second helping when the first was bad.
Some time ago I listened to the interview with Scott Welsh on the Better Systems Trader podcast. Entertainment and motivational value mostly, though I am running one of his free systems live. The channel is called Scott Welsh Trading Systems.
Also Tom Hougaard's channel. He is discretionary, and therefore not very useful to me, but he has great insights into trading psychology.
@faithdefender What went wrong with your first experience with PatternSmart? I was looking at the indicator too but 80 is steep for a product that might not work.
