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the guru told you what was the holy grail...
work..
for him it was teaching people what they wanted to learn
money is made by making OTHER people happy
the more happy you give them, the more they pay
it doesn't matter if the thing that makes them happy is real or not
your giving them what they want..
the socialists do NOT get this..
they look and would say that he he is cheating them
is he? no. he is making them happy providing to them what they want
A actor makes millions...
because they are able to make millions happy for a couple of hours
we are not paid in proportion to some arbitrary moral scale
we are paid in proportion to how others have need and how we can fulfill that need
i am unemployed..
sadly, right now, i can make no one happy
It makes no sense to share it for free. Because like in poker when there's a bad player at the table his money is divided up between players who can play good poker, so this money is limited. (I've played professional poker for 7 years).
The same happens in markets, good trades are limited in volume and this money has to be divided up by those who know how to trade and on the opposite side of the trade you have people who don't know how to trade.
Like I said $250k and you're profitable a 100% and you will make this money back after a year or two. What I do has worked in the last 40+ years
Response
On the one hand we have Renaissance Technologies who have demonstrated that in order to maintain your edge you CANNOT SHARE your trading strategies.
On the other hand we have LTCM whose strategies got copied leading to their eventual downfall.
So clearly the answer is that Holy Grail systems cannot be shared or sold, etc.
But on the other hand there are lots of systems that can be used to generate profits that are not quite Holy Grail but are good enough.
So when we are discussing gurus who teach trading, it's these kind of systems that we are alluding to.
These systems require a combination of the trading strategy, the market environment and the psychology of the trader as in the Turtle system.
The problem then becomes differentiating between gurus with positive expected value systems that fit you.
If you find one of these then you have found YOUR HOLY GRAIL which is great because then someone else can also trade the system but if it doesn't fit then they won't make money. It also means that you could trade the system better than the guru teaching it because your trading performance is on partially dependent on the system itself.
TH...th...that's all folks
A
That guy is being disingenuous and is trading in hindsight. He’s essentially using a variation of Renko, which is incredibly difficult to trade on NQ because of the fast price action. His first entry would’ve been a stop out and his second entry would’ve likely been missed because.... you had anywhere from less than a 1 second to under a minute to take that trade and would likely get slippage. Look at the timescale on the bottom. Every system looks like a holy grail in hindsight when you can see the result and don’t have to factor in time for analysis. Hence why he’s not flexing about making $10k, but trying to sell you the potential of $10k.
The only thing legit about that video is his use of the higher timeframe Renko variation because he’s identifying the major swing high or low and then taking trend trades off that using a simplified fib restatement. The entry chart is pure BS.