Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- discounts are available after registering.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Trading: 6C (Low Margin,) 6E, CL, GC, ES and Maybe DX for smaller tick value
Posts: 1,418 since May 2011
Thanks Given: 1,728
Thanks Received: 1,023
@thoughtful, Sounds like you would share your not holy grail. May I request you expand on the technique you use? Would also be nice if you would share those improved indicators. Thanks in advance.
The way to trade the market is not by looking at indicators. All these indicators are given FREELY in every trading platform specifically of the reason that they don't work. No SANE person/trader will give something so that you can take money out of his/hers pocket. NO ONE!!!
In my trading after all these years using indicators and paying my trading tuition (like every body else does when he starts trading), I just use price levels for support/resistance AND using options to initiate my trade. Options are more, way more, flexible than straight long or short positions and WITH experience in using them, a trader can adjust the trade to his advantage. Anything else is really waste of.......money.
There is only one approach that I have found in the last couple of years that gives some INSIGHT to price action. It has been developed by Rob Smith and he has made available many videos on You Tube. One video that is worth seeing is called "The Greater Story ever Sold" (I Think).
Hope the above helps a little, especially new, aspiring traders. Wishing you the best success.
Those "freely" available videos they say NOTHING about indicators. As a mild/kind suggestion, please, watch and see for yourself if it makes sense the explanation of price action. It could turn out an experience that would prevent blowing up a (yours?) trading account. Wishing you all the best in you trading.........
If you are going to reply, take the time to do it right. Don't be a smartass please. Even if I were to agree with your cynicism, you have to communicate why -- not make remarks like yours. This is not ET.
If you think he is wrong, then tell him why based on your experience. Educate him. Discuss.
If that doesn't work and you are somehow upset, stop viewing the thread.
That's a big striking difference between this site and ET. The posts here are more quality and I don't really see trolls. However the business model here, charging for everyone's free discussion in certain sub-forums rubs me the wrong way.
@qopl everyone has their view but over several years I have learnt quite a bit, seen different ideas, strategies which are more focused and can be adapted, utilized... downloads that can Actually be adopted etc... the elite fee is minuscule for what u get and kudos to Big Mike for this... I would pay the fee for just the hours I have spent filling my time and here it’s time well spent
Don't you think Big Mike's time to set this all up and the infrastructure needed is worth ANYTHING? I think $100 for life for all this place offers is the deal of the century.
