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I have owned Metastock ProFx which I no longer use (about $2500 with data costs)
Trade now with Ninja which cost me $995 (data is free with PDF)
I have purchased indicators and even system and then when I became a futures.io (formerly BMT) member I realized that so many of what I bought or almost bought is already available here. Go figure.
I would guess I have spent $5-$6k. I wouldn't say its all wasted, but I sure could have saved a bunch knowing what I know now (I wonder what I will know later...)
Long ago:
Wizetrade was the first <==== pretty embarrassing
Mel Raiman's Precision Trading System
Optionetics
MarketGauge Hotscans
Shogun Trading (day trade room)
Fibonacci Trader
Hawkeye (room only. got the indies free from another site)
Trading the Markets (room and indies)
More Recently:
Jason Stapleton's Forex Boot Camp NinjaTrader
The Intentional Trader (room and indies)
OFA class (just purchased this week. have not purchased software yet)
ok my turn lol,i wasnt born a trader i had to learn the hard way also
Net picks (junk)
Jurik (junk)
EOTpro (soso)
Blue wave (gave me some ideas)
Kellys indicators (junk)
Felton trading (gave me some good ideas)
Rjay (love the renko hybrid bars)
Schools, OTA. if you didnt know anything about trading then it is a good scool to learn the basics but you will pay 5 grand for a week,i think you could learn for free the same stuff off the internet.
learned from Sam Sieden
learned some from Richard from Move the markets
learned some from different guys at futures.io (formerly BMT)
learned the most from just watching pro's trade and asking alot of questions.
methods that have helped me the most, s/r,pa and learning to see trends and consolidation...sharky
oh i forgot another thing that taught me alot about market behaviour was spending hr's curve fitting indicators to my charts,it never made the indicators work right but taught my eye what to look for to make a good entry into a trade.
I have bought none, attended well know classroom 7 mths ago, you know where speaker yes speaker not trader tells you how and why you need this. I got tired of here him go on and on about stuff in real world conditions that wouldnt WORK. He kept on saying you have to be open minded to learn, I kept calling BS, So I stopped him told him if one of his classroom traders(speaker was the owner too how ironic is that!) would show me live Id sign up this was a $7500 class1 of 3 total =$22500....He declined. Also I pissed him off because I ran a quick PNL on him just to prove his business model wasnt trading it was teaching.too funny
I did read my first book ever, it was on trading dont even remember the name of it.
So I paid all my money to the School of Hard Knocks and the market showed me its moves, I have learned from so many threads and applied to what the market had shown me. Im still learning to improve my style. Now!!!!!!!!!!!!!!!!!!!!!!I WANT TO THANK EVERYONE HERE SO MUCH FOR ALL YOUR LITTLE SUGGESTIONS,SELECT COMMENTS, AND OVERALL HELP>>Thanks so much guys
If I named all the programs and indicators I've bought or rooms I've been part of, I'd need my own page. So I'll just stop here and say, the only method you need is the one you adopt as your own.
BUT, you must be sure it works and follow it!
It was an expensive hard lesson to learn. Should have used all the money I spent instead for trading capital.
Agreed. I've seen too much of the same pattern. The use of the "open minded" bait. Vendor spends too much time and effort promoting instead of actual trading if they do or did any successful trading ever. I would have more confidence in the vendor if there were student testimonials and proof and records of trading success, or evidence of a team member who does actual trading and not just aggressive sales in the vendor organization even though there's little to go on. A hedge fund or private equity firm trader would be the best mentor-educator, but they are actually trading and would rather trade my funds instead of selling education.
For example, one time I signed up with Preston James' website services based on his radio ad. His stock and option calls weren't any better than Cramer's. For every "winner" there were two or three major losers. then after a few months, almost every two months a different person kept calling me asking me if I wanted a "mentor service" $6k for the basic, and $10k for the "master" program. (which was nothing when I asked but a "program" with a lot of "homework" to do for the client, and maybe 4 weeks or so of "telephone" mentoring) At least 5 different people called me throughout the year. Even annoyingly called me at work hours. Now I think it's all a big telemarketing sales affiliate program. Luckily I had moved and changed my number. But I still get the idiotic emails ads as Preston tries to promote a young early 20's something "wizkid" options trader "Karson Keith" with his own new scam business. I even got one postcard. But I guess they couldn't afford sending me anymore snail mail and I was finally out of their reach.
Charles requested the thread be closed but you can read his basic method before it gets diluted by others "trying" to improve it.
"My 6E trading Strategy"
Rockwell Trading
Joe Ross- Law of Charts
EminiJunkie.com
Eminiaddict.com
Joe Ross- Day trading Book
Joe Ross- Trading By The Book
Joe Ross- Trading Opture and Fusions
Joe Ross= Trading Spreads and Seasonals
FAP Turbo
fxalertpro.com
realtimefutures.com
Tradingeducators.com-Traders Notebook
Tradingeducators.com- Ambush trade method
Ken Calhoun and Steve Nison workshop