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what day traders do you follow and who keeps the best updates?


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what day traders do you follow and who keeps the best updates?

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  #1 (permalink)
T888
Portchester NY/ USA
 
 
Posts: 5 since Jun 2012
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what day traders do you follow and who keeps the best updates? alot of lame drifters on twitter anyone know any good ones?

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  #3 (permalink)
 Sunil P 
los angeles
 
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Suri Duddela is sehr gut.. he twits his trades asap. He trades the ES.

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  #4 (permalink)
T888
Portchester NY/ USA
 
 
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Sunil P View Post
Suri Duddela is sehr gut.. he twits his trades asap. He trades the ES.



i searched his name is twitter he dsnt show up?

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  #5 (permalink)
 Sunil P 
los angeles
 
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Posts: 292 since Jan 2012

Go through his website Surinotes.com....He is Surinotes.

Excellent trader as you can tell from his webinars,I also have talked with him on numerous times on TS.

ps. I dont trade the ES,so I dont follow him. Good luck

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  #6 (permalink)
 mrphr 
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What are you looking for? Entries and Exits?

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  #7 (permalink)
 Fadi 
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  #8 (permalink)
T888
Portchester NY/ USA
 
 
Posts: 5 since Jun 2012
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mrphr View Post
What are you looking for? Entries and Exits?




that would be nice im looking for a twitterer that i can follow to make some cheese, a blogger, someone

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  #9 (permalink)
 Big Mike 
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T888 View Post
that would be nice im looking for a twitterer that i can follow to make some cheese, a blogger, someone

I think the point is that if you want to be a trader, then stop following others and think for yourself. As has been discussed a million times, it is not possible to copy someone else and expect the same results.

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  #10 (permalink)
T888
Portchester NY/ USA
 
 
Posts: 5 since Jun 2012
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mrphr View Post
What are you looking for? Entries and Exits?


Big Mike View Post
I think the point is that if you want to be a trader, then stop following others and think for yourself. As has been discussed a million times, it is not possible to copy someone else and expect the same results.

Mike

i rather have the xperts think 4 me

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  #11 (permalink)
 Sunil P 
los angeles
 
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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.

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  #12 (permalink)
 gcaldridge 
port charlotte, florida
 
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T888 View Post
i rather have the xperts think 4 me

Big Mike's answer is simply right.

Also:

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.

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  #13 (permalink)
 kbit 
Aurora, Il USA
 
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This is what I use:.. MysticalBall.com - The Magical Crystal Ball

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  #14 (permalink)
 Sunil P 
los angeles
 
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Even a monkey can trade this,who needs signals???!!.

I think I need to start my own trading room,but the headaches are too much!!

And listen to some triplets by Bonham on a Fool inthe Rain while trading....

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  #15 (permalink)
 Big Mike 
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T888 View Post
i rather have the xperts think 4 me

Then you aren't a trader.

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".

Mike

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  #16 (permalink)
 SeeTrader 
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I follow myself

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  #17 (permalink)
 Big Mike 
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Sunil P View Post
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.

It's not about the delay.

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.

Mike

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  #18 (permalink)
T888
Portchester NY/ USA
 
 
Posts: 5 since Jun 2012
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Big Mike View Post
It's not about the delay.

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.

Mike


I think ill be on the winning side of the trade your talking about

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  #19 (permalink)
 mrphr 
London
 
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T888 View Post
that would be nice im looking for a twitterer that i can follow to make some cheese, a blogger, someone


T888 View Post
i rather have the xperts think 4 me


T888 View Post
I think ill be on the winning side of the trade your talking about

If you are looking for fantasy and romance, then you will find it somewhere on the internet such as Twitter, as you suggested.

If you are looking for results, then you better off change your atittude from now on.

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  #20 (permalink)
 Fat Tails 
Berlin, Europe
 
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T888 View Post
i rather have the xperts think 4 me

That is the earlieset stage of a trader, typically you pay for that attitude.

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  #21 (permalink)
 GFIs1 
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Fat Tails View Post
That is the earlieset stage of a trader...

Luckily @T888 has found all the way to @ futures.io (formerly BMT) at this early stage -
to be guided by some experienced traders without doing any trade first.

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  #22 (permalink)
 wldman 
Chicago Illinois USA
 
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the logic of that.

@T888

I've told this story for years...even seen it published in books...not to say someone else did not come up with the same hallucination.

The Goose that Lays Golden Eggs:

If you where a farmer that raised a product that every other farmer also raised and one day you noticed that through a special combination of food water and natural elements one of your geese began to lay golden eggs. Would you run to the farmer next door with the details? The feed combination, how much water and sunlight, the proper hay for bedding, how many hours of sleep and what exercise you provided your special goose? Would you tell the guy next door what music you play in the animals enclosure? NO!

Would you erect a giant neon billboard at the highway exit, "Here lies the goose that lays golden eggs" Goose pen tours one dollar? Would it be cool for others interested in a goose that shits gold to see the the goose and the quick way off your farm? For fifty cents extra you could even introduce your dogs so they don't bark when trouble calls.

If you are tracking with me, you have your answer. If you are not following along with the jist of the idea, or if you are offended by the inference, then please do not give up the day job anytime soon.

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  #23 (permalink)
 Fat Tails 
Berlin, Europe
 
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Which one would you follow?


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  #24 (permalink)
 mrphr 
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Fat Tails View Post
Which one would you follow?



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  #25 (permalink)
 Fat Tails 
Berlin, Europe
 
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It is the famous painting by William Hogarth describing the crowding of soldiers of fortune during the famous London South Sea Bubble in 1720 ....

See here ye Causes why in London,
So many Men are made, & undone,
That Arts, & honest Trading drop,
To Swarm about ye Devils shop, (A)
Who Cuts out (B) Fortunes Golden Haunches,
Trapping their Souls with Lotts and Chances,
Shareing em from Blue Garters down
To all Blue Aprons in the Town.
Here all Religions flock together,
Like Tame and Wild Fowl of a Feather,
Leaving their strife Religious bustle,
Kneel down to play at pitch and Hussle; (C)
Thus when the Sheepherds are at play,
Their flocks must surely go Astray;
The woeful Cause yt in these Times
(E) Honour, & (D) honesty, are Crimes,
That publickly are punish'd by
(G) Self Interest, and (F) Vilany;
So much for monys magick power
Guess at the Rest you find out more.



Traders following each other engaging in a happy merry-go-round. Which of those traders would you have followed?

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  #26 (permalink)
 Eric j 
NY
 
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Big Mike View Post
Then you aren't a trader.

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".

Mike

Heres an expert that did the thinking for others -- Bernard Madoff - Wikipedia, the free encyclopedia . In my experience so far as a trader and participating on online forums / trading groups I've found a couple things to be true .

1. Most would be traders dont think for themselves .
2. Most would be traders dont recognize useful advice .
3. Most would be traders dont know what they really want .
4. Most would be traders are under the impression "signals" > interpreting price behavior .

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  #27 (permalink)
 dario1 
Ontario, Canada
 
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Big Mike View Post
stop following others and think for yourself.
Mike

100% true -- you'll probably follow the follower -- because you don't even know who the leader may be.

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  #28 (permalink)
 gcaldridge 
port charlotte, florida
 
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dario1 View Post
100% true -- you'll probably follow the follower -- because you don't even know who the leader may be.

I find this whole thread to be both fascinating and confusing. In an earlier post, I supported the concept of not following others and I still do but context for that statement is so important.

When starting to learn to trade, just like learning to be any professional, you have to take direction. As you progress you start to swing towards doing things yourself initially with a monkey-see monkey-do approach and moving on towards supervised action. Finally, you 'graduate' and you get to do it yourself. In trading that line that says you have 'graduated' in not easily defined.

In addition, many graduates of any profession still attend advanced learning where once again they follow the instruction and procedures of other 'experts'. At some point they then act independently with this new learning.

The important thing here is to know there is a time for 'book learning', practice, supervised real world action, independent action and further learning as you go through the loop again. Know where you are in this cycle and make sure you keep moving through it again and again and .....

Whether or not this message reaches anyone I may never know but just writing it, reminds me of two old cliches:

Physician heal thyself.
To thine own self be true.

Since I love quotations and cliches so much, I thought I would look for some about "following". Here's what I found:

“The only man who makes money following the races is one who does it with a broom and shovel”
Elbert Hubbard

You don't learn to walk by following rules. You learn by doing, and by falling over.
Richard Branson

“Discoveries are often made by not following instructions, by going off the main road, by trying the untried.”
Frank Tyger

The river is constantly turning and bending and you never know where it's going to go and where you'll wind up. Following the bend in the river and staying on your own path means that you are on the right track. Don't let anyone deter you from that.
Eartha Kitt

Read more at Following Quotes Page 2 - BrainyQuote

“If you think you're leading and no one is following you, then you're only taking a walk.”
jose Afghan Proverb quotes

“Bush said today he is being stalked. He said wherever he goes, people are following him. Finally, someone told him, 'Psst. That's the Secret Service.'”
Jay Leno quotes

and so many more.

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  #29 (permalink)
FinTrader1
Fort Myers, Florida / USA
 
 
Posts: 7 since Mar 2021
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gcaldridge View Post
Big Mike's answer is simply right.

Also:

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.


Facts I almost view it like baseball nobody has the same batting stance. But as long as your getting on base hits that's all that matters.

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