I just say the name…What comes to mind?
For me, either one on the best sales people I have ever came across, or he may one of the best day traders to walk the planet.
I have “acquired” all of his training material and find it impressive. I am currently forward testing his “surefire” method and it seems to be working.
Just curious if anyone else has an opinion about this guy or his work.
I’ve got it all.
I’ve learn more from the free e-mails he sends out on random techniques than any of his courses.
Moneys Worth (6/10) for me.
Regards,
E. Lang
I purchased his “surefire” system early on in my journey into forex,all hype and BS.He is just another snake oil salesman,most of the e-book consists of information that can be obtained anywhere for free and as for his system, it’s just another indicator based piece of crap.He cherry picks a few successful trades and briefly mentions that it doesn’t always work all the time.You will blow your account if you try to use it.I’m only 14mths into this FX thing but I’ve learnt the hard way that $99,$119 or $129 e-books are a waste of money.This site has everything you need to educate yourself and there are some good contributors when it comes to methods e.g" James 16 group",Elang’s threads etc.
believe me, I haven’t and will not pay for anything he has to offer. I am a heavy torrent user.
I have however listen to a few of his interviews and read a few things. He does seem to know his stuff. I just question if he actually practices what he preaches.
Just curious, what’s “a heavy torrent user”? All these guys seem to know what they are talking about but in reality they just verbalize what can be found for free on the internet.The facts are “Elliot”, “Gann” etc ended up destitute when they ran ran out of people to con because they couldn’t actually trade themselves.A more recent example is “Williams” the man that has invented indicators and turned a 10k account into a million bucks over night. He was due to attend a seminar in Aust… last year but couldn’t front because the US authorities wouldn’t let him out of the country due to some tax evasion problem. Now if you really want to get me going lets talk about Fibonacci! Does the Nautilus snail know that the spiral of it’s shell conforms to a Fibonacci ratio I think not.For goodness sake it doesn’t even know it’s a snail.
All true but if enough people believe these things and use them then there is a certain self fulfilling prophesy embedded within them. There is no substitute however to being able to read a chart yourself
You are dead right Tony and I suppose that is why TA has such a following.I’ve always wondered though,do the big players subscribe to these methods and actually make the market move or are they in the same boat as us small timers?
I have had the pleasure of listening to the head of the trading desk for one of the major banks here in Perth, a very savvy man. They use these things although obviously have their own favourites (which in his case was tweezers). Thats what convinced me to check all these things out even if they were from the stars or apparently off the planet!! My personal favourites though are a little more down to earth and which work are the breakout from the asian high/low at the start of the european session for GY and GU which has a win:loss of about 56% with a 1R trade based on 60 SMA stop for GU and slightly better going for a 50 pip win with a 50 pip stop for GY (i have traded this since sept last year) and the behaviour of GU around the ‘100s’. There are a number of versions of this strategy although James’ is probably the easiest to follow and has about a 62% win:loss. These edges are more than sufficient to make a reasonable return from. Its also a current feature of the market that news is doing very badly and if it comes out against the trend moves only a certain distance before the trend reasserts itself. For a great example (which I failed to trade) look at the shooting star after retails x autos on friday. Hence I keep an open mind, regularly search babypips and offered links but thoroughly check out everything I am told (which must have some sort of rationale that makes sense) and then dont commit a cent to it until I have thoroughly tested it and worked out how it might fit with my general trading strategy. Its all good fun - mostly!!!
torrent…as in Bittorrent, meaning I rip, pirate, don’t pay, steal, etc all of the trading methods that so many people pay for.
Bittorrent is a type of file sharing format that is widely used by the underground to share copyrighted movies, music ,games, and of course ebooks on forex.
:rolleyes: