I just had to respond even if the thread is closed. (millionaire in 10 weeks & conversation with broker).
First off. It was obvious that the thread starter was unexperienced and was quite the douchebag when it came to criticism. But that being said.a lot of the posts were pretty rude criticism. Some coming from what seem to be successful traders in the business. And the post back and forth between Big Mike and Dan about whether to ban or not? So not the way to handle the situation. JMHO! But then again, its your forum Big Mike.
Futures.io is a place for all traders. I would rather see new traders crash and burn within a thread, than to go out somewhere else and spend 1,000s doing so. If you dont like the thread or the person in the thread, dont post. Right.
And this post? Really. Criticize the man and say this. What?
Moving averages dont have to be predictive. They are technical, not fundamental? Moving averages, like any other technical indicator, can be used with statistical analysis, and some price action to produce a profitable trading system. Millionaire in 10 weeks? No. Profitable? Yes. If you dont believe thiswell you are strictly a fundamental trader or unsuccessful. I really hope the folks thanking this post where thanking for other reasons.
All that being saidI do appreciate that Big Mike has done a great job of not over censoring or giving in to all the political correctness, but man this thread rubbed me the wrong way. Mostly from the futures.io side? I dont think Im alone either! The Thread starter was doomed to go anyways, but man that wasnt the way to do it. Just saying.