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This thread is interesting. Not only becoz John has turned 5k into 40k in 4 months time.
I have gine thru his video presentation a couple of times and I think he is very successful not becoz of his indicators but becoz of his trading plan . He plans every trade and trades every plan, keeps a traders log to identify his bad trades. What I have learnt most from the video is that a trading plan is necessary and managing the trades. I wouldnt really use his kinda leverage tho. Thanks for the webinar anyway. BTW I was trying to take a trade as per his trading system yesterday on the cable and got a good entry. Soon enough it was up about 65pips. I will exit on 4 hr chart and hopefully cash in more pips. We will see. Sometimes he uses one timeframe for entry /exit and sometimes he enters on lower time frame and exits on higher time frame. I think the latter will give more chance of a bigger move. |
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If the guy could make money consistently he would not have all the trouble to go and sell his indicators and turn into yet another trading guru writing books, giving webinars, etc.
Just read one of the good old trading books (Mark Douglas, Alexander Elder, Jesse Livermore) and you will not need to spend $ paying attention to anything else The rest of the job is up to you and believe me, it's lots of hard work
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Yea, all the books are available and for free. Including the indicators he is trying to sell.. LOL. That has not made any great difference to my trading though. I am looking for something to learn all the time and improve.Maybe I can learn something from him. You mentioned Dr.Elder, Mark douglas... arent they doing the same thing? Selling to other people? No different from him. Nothing in trading is for free,, except ofcourse if you are a member in these kinds of forums. Last edited by radicalmoses; 02-01-2006 at 12:47 PM. |
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Bollinger
another form of squeeze. I have it programmed in the VT Trader.
Beluck can you translate it please? Here the code: PHP Code:
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You hit it on the nose, me thinks! |
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LinkBack to this Thread: http://www.forex-tsd.com/suggestions-trading-systems/912-he-turn-5k-into-40k-less-than-4-months.html
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| Posted By | For | Type | Date | |
| He turn $5K into $40K (less than 4 months) - Page 5 - Forex Trading | This thread | Refback | 11-26-2007 12:29 AM | |
| Forex para torpes (Me incluyo...) :: View topic - el ttm y el squeeze...tachán! | This thread | Refback | 11-06-2007 01:55 AM | |
| MoneyMakerGroup Forum > FOREX FOR DUMMIES | This thread | Refback | 10-02-2007 08:12 PM | |
| He Turn $5k Into $40k In Forex (less Than 4 Months) - Talkgold HYIP, Investment & Money Forum | This thread | Refback | 08-10-2007 01:44 AM | |
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