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Shadowtraders system. Scam or real? (www.shadowtraders.com)


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Shadowtraders system. Scam or real? (www.shadowtraders.com)

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  #81 (permalink)
Legendary Market Wizard
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Silvester17 View Post
someone would like to say hi:



bluemele View Post
If only this was awarded because of profits gained.


I stand by what I said.

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  #82 (permalink)
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DionysusToast View Post
Well....

I worked with an Aussie company once - they were in the financial area, can't remember what any more as it was so long ago and I was just consulting..

Anyway - the name they chose for themselves was "Plan B"

I believe their competitor "Plan A" cornered the market....

I went with Plan 9 instead .....

This thread is getting long in the tooth, isn't it?

With 'day trading' I follow this free and simple system .... see how price reacts around significant support and resistance areas -- and look for higher highs/higher lows, etc -- and then go with the short term trend, with a stop just far enough above/below resistance/support to not get shaken out too quickly. You may want to get more than 3 ticks -- or whatever -- out of the trade though.

I have a similar effective and free system for losing weight - eat less, exercise more.

"The Future Ain't what it used to be"
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  #83 (permalink)
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heywally View Post
I went with Plan 9 instead .....

This thread is getting long in the tooth, isn't it?

With 'day trading' I follow this free and simple system .... see how price reacts around significant support and resistance areas -- and look for higher highs/higher lows, etc -- and then go with the short term trend, with a stop just far enough above/below resistance/support to not get shaken out too quickly. You may want to get more than 3 ticks -- or whatever -- out of the trade though.

I have a similar effective and free system for losing weight - eat less, exercise more.


Yes, in theory, that may seem to be enough. But in practice, (especially if you are going to take your trading to the next level) it requires just a little broader skill set in reference to market knowledge, emotional discipline, methodology and money management.

As the wise man (you have chosen to be your avatar), once said,

"In theory there is no difference between theory and practice. In practice there is."

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  #84 (permalink)
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tigertrader View Post
Yes, in theory, that may seem to be enough. But in practice, (especially if you are going to take your trading to the next level) it requires just a little broader skill set in reference to market knowledge, emotional discipline, methodology and money management.

As the wise man (you have chosen to be your avatar), once said,

"In theory there is no difference between theory and practice. In practice there is."

That's a good one of his, hadn't heard it. I oversimplify of course but with the right time frame and conservative position sizing, you can cobble together a pretty simple and good -- generally, non day-trading -- system using support and resistance levels for buying and selling. Most people here though, are looking for more frequent day trading profits ... I am mostly moving away from that, largely because my entries and trading vehicles are pretty decent but I take profits too quickly.

"The Future Ain't what it used to be"
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  #85 (permalink)
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I like your diplomatic reply so let me say Hi to the elite on this board.


Silvester17 View Post
someone would like to say hi:


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  #86 (permalink)
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heywally View Post
That's a good one of his, hadn't heard it. I oversimplify of course but with the right time frame and conservative position sizing, you can cobble together a pretty simple and good -- generally, non day-trading -- system using support and resistance levels for buying and selling. Most people here though, are looking for more frequent day trading profits ... I am mostly moving away from that, largely because my entries and trading vehicles are pretty decent but I take profits too quickly.


Roger, that. My "average time in the market" is up to 290.00 minutes this year.

From a previous post of mine...

A classic - Father Guido Sarducci's Five Minute University - YouTube


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  #87 (permalink)
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tigertrader View Post
Roger, that. My "average time in the market" is up to 290.00 minutes this year.

From a previous post of mine...

A classic - Father Guido Sarducci's Five Minute University - YouTube


Father Guido Sarducci's Five Minute Trading University

All you really need to learn to become a successful trader...

....

Thanks for the Father Guido! - he helped me survive the disco era.

"The Future Ain't what it used to be"
 
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  #88 (permalink)
Berlin,Berlin
 
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@jmont 1

An exemple of a "gap trade"

a bit risky

trade bounces from a barrier, in this case a pivot.
The box is a Ninja Indicator st MASlope BoxMulti for the 13 EMA, shadow coded it a bit better than the default.
it has to be 45 degrees or lower. look at the bigger chart, that is the updated version
blue or beige in the backgroung (from fractals, that means possible change of direction)
V in the brown LinReg 4 is not so nice, it should be sharper, a real V
MACD should not go through the centerline against the trade
BuySellVolume should have a spike
candle should have a tail or wick (not so perfect on that trade, there was an additional fakeout to the north)
enough ticks to the 13 EMA, more than 3


sorry again that chart is so small

you see that you have to train that kind of trade
so track record depends on your own risk appetite

the "LAST" is yesterdays close
NET is difference from actual price to yesterday close

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  #89 (permalink)
Berlin,Berlin
 
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sorry, you cannot see very much...
just an impression.

 
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  #90 (permalink)
Berlin,Berlin
 
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if you have Ninja

put on it
BuySellVolume
MACD 19-38-9
1 minute candlestick
LinReg4 and 9
the 5 MA`s
watch for an angle on the 13 EMA, it should flatten out a bit

look for every barrier that you know
pivots, yesterday high low close, double top and bottom

see if that speaks to you

trade sim first!!!!!!!!!!!!!!!!


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