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Uncle Mikes


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Updated by researcher247
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Uncle Mikes

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  #21 (permalink)
Taipei Taiwan
 
Experience: Advanced
Platform: NinjaTrader
Broker: AMP Clearing
Trading: TW
 
Posts: 693 since Jun 2009
Thanks: 433 given, 455 received


bobbyacim View Post
Please define "made it" My 6 year quest for trading success is to achieve enough consistant profitability to be able to support myself solely on my trading. That is also what I have been trying to discover along the way, whether any retail daytrader out there in the universe has been able to solely support him/her self only from their trading.

Look, don't we ask for proof in any other performance based endeavour; for baseball players we demand to know their batting average; football, number of touchdowns, hockey, number of fieldgoals, etc.
This is one of the few performance based endeavors that requires nothing more than a mire mention of profitability for credibility.

Hey the famous trader Gary Smith once said in an interview that consistanlty profitable daytraders were so few that they were the exception to the rule. I am sure you will agree, that only a fool would base a rule only on an exception!

Made it as in supporting yourself trading.

I wish you all the best in your trading......

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  #22 (permalink)
FRANCE
 
 
Posts: 3 since Nov 2009
Thanks: 3 given, 1 received

Bobbyacim,

I would like you to thank you for your post, I'm just like you, very skeptical.
I bought some techniques, without illusions, to see and take some ideas ... lol
I tried some live room, no luck, when I was there, the results were in the best case bad and most often false on the report.
About the training, I systematically ask for a real statement (for training of several thousand dollars, it is a minimum) ; never received 0 nothing nada nichts !

I am not looking at all for holy grail from guru but just a way to increase my capital by myself a little more than what the banks offer.
I am still convinced 3-4% per month with a 50k account is possible.

Difficult but exciting journey ... still far away ?

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  #23 (permalink)
Lake Michigan (Summer), N. Miami Beach (Winter)
 
Experience: Advanced
Platform: TOS, Ninjatrader
Broker: Tradeovate, TOS, Dorman
Trading: indices/currencies/interest rates/energies/metals/grains
 
Posts: 425 since Oct 2009
Thanks: 248 given, 748 received


Check out an advertisement I got in my email today.

Looking for a method or indicator that can help produce consistent winners? See the price action line with no other chart indicators working. It will help you reduce the number of trades taken each day as well.
-------------------------------------------
I sent him the following reply...

"It's a 'tweaked' supertrend.

Why do you charge for it?"

peace

Hedvig
-----------
See attachment he sent for 4 minute CL. He is basically selling 1st or 2nd retrace to the Supertrend.

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  #24 (permalink)
Lake Michigan (Summer), N. Miami Beach (Winter)
 
Experience: Advanced
Platform: TOS, Ninjatrader
Broker: Tradeovate, TOS, Dorman
Trading: indices/currencies/interest rates/energies/metals/grains
 
Posts: 425 since Oct 2009
Thanks: 248 given, 748 received

Attachment now included.

peace

Hedvig

Attached Thumbnails
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Size:	61.9 KB
ID:	69420  
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