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Student of Masters Palace --> NFT a.k.a. Henry Roche.
We had the same 'coach'.
Henry Roche is currently evading the authorities, but in my mind he is an expert trader as I have sat with the guy and watched him. But, for some reason he has an immense amount of self-sabotage embedded in his sub-conscious and has decided that being a wanna-be criminal is best for him.
Horst is one of Henry's oldest students, but he also has years of experience beyond that. He is a good guy and has helped me a lot for free and on his own time and asks nothing in return except for me to turn to consistent profitability.
so next question, what mental barrier do you think is separating you from Horst and you consistent success as you are attacking from the same point of view. Do you think it is the exp he has over you as a trader?
I see on a site Horst if offering 6 places at $4g a pop to have 26 lessions. Do you believe he can turn people consistant?
I personally struggle with paying any 'pro' to 'turn' you into a trader. I personally do not believe that someone can point and you will listen or run. It is really up to you and my beliefs are that it takes time and confidence among many other things.
Will Horst's program be better than others. I would think not and the reason is because it is really up to the people, not JUST the teacher. (I hope I am wrong)
However, I do believe Horst is a better person than most vendors by far, but I struggle with why he is doing the whole vendor thing, but that is really his business. Big Mike is doing this as a business to make $, Horst is doing his thing to make money, who am I to judge why others must find a source of income off of traders, but I see a great many doing it.
I have always been a purist of sorts. If was a professional surfer, I would do that and nothing else. I would not sell lessons to newbie surfers for a fee... If I was not good enough to make it then I would not be on the tour.
HOWEVER, if a trader could be consistent and show entries and let traders follow or trade others accounts, than I would definitely jump on board that machine as I believe that is helping others make money. Teaching them to fish on their own is such a long journey and it takes so much of the student that it isn't as sure of a 'thing'.
Would you be kind enough to share with us Horst teachings and opinions
And as of you last post, i think your 100% right. I think once you train you mind to stay focused on your system and probabilities and manage to get rid of all negative fear and emotion that comes with taking stops and winning trades. then you will be on the path to success
I believe I couldn't. If you watch enough of my video's you will see what the general rules are...
Not a fan of teaching something that I am not already practicing in a way that others would deem 'profitable'. That be, trading live again with the method as well as very profitable.
Really it is mostly MACDBB + Price Action + Fibs... Sometimes you lean more on others and I tended to lean more on Fibs and MACDBB as those are the easier to understand when you start technical trading. Now, I am focusing more on PA than the others and hopefully end up smoothed out.
Can completely appreciate that, i understand from watching yours and Horst vids that you the method is find a trend use using fib retracements and extension with pure price action ect
could you go into more detail about the MACDBB indicator and how you using it, it looks like a MCAD indicator showing over sold/over bought, are you playing attention to the expansion of the DOTS (BANDS)? The Direction of the MACADBB and if its above or below the ZERO line ect?
are you watching for divergence and convergence patters?