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what day traders do you follow and who keeps the best updates?
its not going to work as there is a delay at times with his twits,make your own setup or join a trading room with repute. I have been to a few over the years, WOT- waste of time.
Learn a good setup and stick to it.
Can you help answer these questions from other members on NexusFi?
1) If any such 'expert' existed we would all follow him.
2) Asking to follow an 'expert' is like deciding you are going to take up golf and have Tiger Woods do your golfing for you.
Becoming a successful trader is just like starting a new career in a specialized profession that requires years of education and hard work. If you don't believe that then just ask the 90+% of new traders that fail.
And that is fine. Most people aren't cut out to be traders, the sooner you realize it the better off you will be.
You would be far better off spending your time and energy finding the best retirement advisors and hedge fund managers, etc, to manage your portfolio. Don't try to trade it yourself if you are the type of person who "would rather have experts think for me".
It's about psychology. Richard Dennis once said he could post in the WSJ his exact trades, and people would still find a way to lose money. That is because even though his calls were profitable, people cannot follow others. They will always try to improve on the trade, and then they will fail.
Trying to follow someone else is a losing battle.
And trying to convince someone not to follow someone else is futile. Just know, I will be on the other side of your trades, taking your money. One day you will either learn, or you will blow up your account. Either way, the world needs people like this. I appreciate you helping me reach my retirement goals sooner.
I appreciate you helping me reach my retirement goals sooner.
