Hi all,
My trading journey begin when I bought Bitcoin at 18000 at the end of 2017...
Overtrading, disinformation and fake courses, huge leverage, be tilted, stick to charts only.
Trade cryptocurrency -> Russian Market -> US stocks -> Russian market scalping -> Russian market at a prop firm. -> Learning the methodology of No Bs Day Trading of John Grady

My key realization:
1. The most part of traders are fail due to disinformation and fake courses. 99 % of information and courses about trading - is trash.
2. You can learn a lot at a prop firm.
2. Order book is the Holy Grail. But not always and not in all tickers.
3. Charts is only supplement element. Order book is important. But charts can work well in big timeframes like daily.
4. Investing is the Holy Grail also. Just wait for selloff, then buy good fundamental companies without margin. Then patience and pray. No stop losses, just wait and averaging on it way down.

In regards to investing - for me the Holy Grail is the opposite.

I don't believe in good fundamentals (in fundamentals at all), mostly because I cannot compete with professional accountants in terms of figuring out the numbers.

Totally agree with you.

There are examples of simple mathematical riddles where I can confuse you with two digit numbers; imagine what an accountant can do to change the picture from bad to bright. On the other hand, the price tells a lot about the flow of money: if the stock price is going down it is probably because big guys - banks, mutual funds - know something that makes them sell these shares in volume, sufficient to drive the price down.

There has been sufficient research showing that stocks that made new lows are more likely to do the same for the next year. And vice versa, new highs indicate up move for the next year. Momentum investing. Same about the stops. Should you hold on to the share if the price goes down 50%? What about 70 or 90%? Still a chance it will make good gains?

Enron is a good example of my argument. They kept producing amazing statements and balance sheets while losing money hand over fist, and many investors got burned buying "good fundamentals". At the same time their price share was steadily going down.

All this is personal, of course, and I am sure someone could make a good argument for the opposite. (please don't quote Warren Buffet though). For investing I like the idea of ETFs, for their built in diversification.

I agree with your thoughts.
Actually I used a wrong word - "good fundamental".
Actually I mean - a stock in play.

For example, TSLA. it is not a good fundamental stock, but definitely it a stock in play for month and maybe years. I mean, many eyes will always loot at it and new money will come. Brokers will always tell to new customer - Mr. X we suggest you to buy TSLA. There will be always news and hype around it.
So, even if you buy and it goes down, you still have a hope, that some day, it will come back and give a profit. Because it is a stock in play.
The same for AMD. It is the high volume traded stocks, famous company, people will buy it.
But if you bought a some non-liquid low float stock, and it go down, well, probably it can hold here forever, because nobody look at it.

The point here - it is much more safer and reasonable to buy sell-off on stocks in play than on no-name stocks.

And yep, it should be in a global up trend. Definitely.

If TSLA goes down for 50 % in the next week. I will allocate a small part of my capital, like 1/10 and buy it.
And then, if it goes further down after my buy price.... I will not sell it. Even if goes the next -50%))) just pray and hold )) Most of the time - market going up. So, I allocated only small part of my capital, I bought a right stock. I have done everything I can. Now, only patience. Maybe martinagle, averaging without leverage of course, only my own funds.

But this is only investing style. If I trade short-term, of course it will be stop losses and take profits.

Good Day
Thank you Mike for this forum, I am not computer savvy, But with the events that have gone on today I am thankful for this forum. Also like to that johnnyboy for his posts.
I bought into a course in February and i have not had the Success i would have like. The scam i bought into is the Daytrading coach from Calgary, Alberta.

I guess I was not fulling on board with the program but today i started researching the posts here and am thankful for exposing the fraud as it is Daytrading.coach. Johnnyboy has been breaking down this Jovans youtube videos and has exposed Jovan for what he is ,A fake.
Since this happened on here, i would like people to know some of what i learnt today so they don't lose money to people like this. Jovan got a following out of Calgary and started a day trading classes, we joined and followed as best as we could and not long after joining Jovan offered to double our money for us if we gave him any amount by the end of the year he will pay us double in return. to secure the debt would be an IOU. We never gave him any! whew! Everything was fine and we traded off and on.
Than today we hear he had a stroke and has packed up the family and skipped town, not a thing left at the ranch and all contractors unpaid.
so I learnt the coaches confronted him regarding what they have been learning on this forum and researching this Jovan. They all resigned by Friday i believe.

At the end of the day this forum has help so many and thanks to R Jay for posting and clearing some questions about our indicators
Sad part about this story is Jovan has done this before using different Alias Henry Roche, Shane Silver and more
Real name from court documents Fernando Fagundes. 2010-2011 did the same thing in Ontario taking 1.3 million of promissory debt and leaving.
So I 'd like to thank this forum and Johnnyboy and all those who exposed this for what it was , yes a lot of people are out a lot of money and hope he will be brought to justice soon,
Reports are that Day trading.coach and all that firm is in his sons name Jacob again I do not know all the details.

I did not know that new member can not find or read any post article in this forum, Thanks

Thank you for your post! When you are able, please post this message in the DTC thread.

If you can't right now due to number of post restrictions, I will snag it in the morning and post it for others to see.

Thank you so much for reaching out. I know it's hard to digest but I have had my eye on this guy for months....as you can probably tell. :-)