Favorite Futures: ES ,Currency Futures, Oil , Gold
Posts: 40 since Nov 2011
Thanks: 95 given,
I enjoyed the webinar and the anecdotal evidence about the practices that once exposed, few would doubt occurred. Thank you Peter for having him on and Big Mike too for hosting. This guy knows his stuff, it's always great to hear from highly skilled and experienced traders. I always find some valuable insights in these webinars, and am grateful for the high quality people you find here at futures.io (formerly BMT).
On the topic of indicators, charts etc, I choose not to be intimidated by someone who does not believe in them, there is too much empirical evidence on my platform and many many other's, that shows there are recurring patterns in the market, and market movements aren't completely random events that need a few second scalp to be a trusted trade and setup. I believe there are many ways to trade and make money, even in the era of hft and algo competition. My sense is the greatest obstacle to a successful career, lies between the ears of the traders heads. Because Gary does not think one can chart their way to a profitable business, certainly does not make it so. Leonard Mlodinow addresses this head on in his book Subliminal.
I depend on my Jigsaw Tools platform to leave a solid trail of evidence of what happened, where and when. Why would a scalper not take advantage of such forward thinking and modern day tools, instead of sticking with old, outdated and expensive technology? My answer? Cause it works for them.
The following 2 users say Thank You to Shamal for this post: