I found a picture of the all powerful MM.
Market Making Myths & Truths -
Straight from the horse's mouth
Maybe he is just a small fry claiming to be MM.
Or a self-professed MM trading for No Net worth investors.
There must be a higher order that is able to play with that 2 price points of each spot forex pair.
Goooooooooood Aussie morning all ,,
WAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAW ! ! ! !
What an amazingly ENTERTAINING BREAKFAST TIME FOR GEORGE THIS MORNING ! ! ! !
A HUGE THANK YOU ,,, to all participants ! ! !
Seriously, even if I could I wouldn't without @George's permission. I know your kidding, but that would be deceitful, dishonest, disrespectful and unprofessional. I hate to fail and want very much to succeed at forex -- just like everyone else here -- but I don't want to succeed at any cost. "The end does NOT justify the means".
The younger ones here don't realize the toll it takes on you when you are dishonest with others (and yourself). The price you end up paying is much greater than the few extra bucks you might earn or being "right" a few extra times. Unfortunately that's a lesson no one learns until it is too late -- and then you get to live with the regrets.
WHAT AN AMAZING SUMMARY STEVE ,,,
THANK YOU SIR ,,,
YOU SUMMED IT UP 1005 PERFECTLY ,,,
HERE IS THE BREAKDOWN ! ! ! !
well, first you have to put up with 10 to 15 minutes of being lectured what a noob you are. And then @George goes into information overload mode showing you many examples.
That is the BEST DESCRIPTION I HAVE SEEN FROM ANYONE SO FAR SIR
George does that for one reason ,, AND ONE REASON ONLY ,,,,
You see ,,,,
All the IGNORANTS out there that BITCH about GEORGE ,,
LIKE A BUNCH OF OLD BAGS AT A SUNDAY AFTERNOON OLD MOTHERS MEETING MEETING ,,
BARKING FROM THE OTHER SIDE OF THE ROAD ,,,,
DO IT WITH NO GROUND TO STAND ON ,,,
SO THAT TENDS TO ILLUMINATE THEIR IGNORANCE FURTHER ,,,,
GEORGE FEELS SORRY FOR THOSE POOR SOULS ,,,,
SO HE DOES WHAT YOU DESCRIBED ABOVE FOR THEIR BENEFIT ,,,,
TO GIVE THEM A TRUE REASON TO BITCH ABOUT HIM ! ! ! !
He judges your level of trading experience and then tailors what he'll talk about based on that.
THAT IS HOW PROFESSIONALS ALWAYS DO IT ! ! ! !
he has stated many times he does not show people explicit details of how he trades. He'll point things out, but then leave it to you to figure what to do with them.
SO THE LAZY IGNORANTS CAN LEARN ,,,
THIS IS THE ONLY LANGUAGE THEY UNDERSTAND ,,,,
PROFESSIONAL ACTIVE TRADERS ARE TREATED DIFFERENTLY ! ! !
As for what was going through my head? I was hoping @George would slow down as I was scribbling notes.
SLOWLY YOU WILL ALSO SEE THE TRUTH ,,, THE REALITY ,,, AND THE LIGHT STEVE,,,,
IF YOU ARE PREPARED TO FOLLOW AND DO THE WORK REQUIRED ! ! ! !
During the conversation you will only hold onto things you understand, but later your knowledge will develop, so when you play back the recording (in say a weeks time) many more things make sense.
@BlackStack -- that man may be a "professional" -- whatever that means. And he can refer to himself however he likes -- I mean, if he claims to be a "Market Maker" on some obscure YouTube video posted to the Internet then, I guess that must be true, right? Hmmm -- maybe I'll post a video and tell y'all about the time I beat Michael Jordan one-on-one.
I know -- you or someone will say "show me the proof". Do you think a really smart manipulator is going to leave proof behind? Of course not -- that would impact their ability to manipulate. So, the proof comes in the form of circumstantial evidence. By virtue of the fact the price manipulations are so precise the only reasonable conclusion is there must be an algorithm at work -- i.e. a MM. The connection between "precise price movements" performed by an algorithm is arrived at by deduction. Deduction is defined as:
"a process of reasoning in which a conclusion follows necessarily from the premises presented, so that the conclusion cannot be false if the premises are true".
The MM is not some clumsy criminal who leaves fingerprints behind. The only "proof" we have is the precision @George has demonstrated and attempted to share. If you want to believe the precision is simply due to coincidence then fine -- I don't have any problem with that. But then you would be wasting yours, mine and others time by repeatedly asking @George for proof.
YOU WERE SHOWN THIS ,,, PRIMARY SCHOOL EXAMPLE ,,, BY GEORGE ON TEAMVIEWER ,,,
ALSO SHOWN TO MANY TRADERS WHO HAVE SAT WITH GEORGE ,,,
THE PSYCHOLOGY IN THIS GAME APPLIED ! ! ! !
PLEASE DO NOT ANSWER THE QUESTIONS ON THE CHART ,,,,
I JUST WANT TO DEMONSTRATE TO THE IGNORANTS BITCHING OLD BAGS OUT THERE ,,,,
KNOCKING GEORGE ,,,
THAT ARE SPEAKING FROM A NO KNOWLEDGE BASE ABOUT THIS GAME ,,,
THEY KEEP DISMISSING WHAT IS REALITY THAT THEY ARE BLINDED TO ...
NO PSYCHOLOGY ,,,,,,,,,
IN THIS GAME APPLIED TO THE PRICE BY THE MM ??
NO PRECISION IN THIS GAME ?????
IF YOU HAVE EYES ,,,,
OPEN YOUR EYES AND ANSWER THE QUESTIONS ON THE CHART ,,,, FOR YOURSELF ,,,
I DO NOT NEED TO HEAR YOUR ANSWER ,,,
DO YOURSELF A FAVOR ,,,, AND ,,,,,
WAKE UP FOR ONCE IN YOUR LIVES ! ! ! !
GEORGE IS ONLY TRYING TO WAKE UP ALL OF THE IGNORANTS TO THE TRUTH ,,,
AND ARE ,,,, LIVING IN DENIAL ! ! !
GEORGE IS ,,,,
A REALISTIC BOUNDLESS HUMAN BEING ,,, AND ,,,
A VERY ARTICULATE MASTER TRADER ,,,
THAT IS ALL HE IS ,,,,
A NORMAL HUMAN BEING ,,, LIKE EVERYONE ELSE ! ! ! !
HE IS NO SPECIAL GENIUS ,,,, BUT ,,,,
DOES THINGS IN AN EXTRA ORDINARY MANNER ! ! ! !
What is it when George talks about professional then? Someone who works in the industry maybe?
If you are interested in what a session looks like then it's really, really simple -- arrange one with @George.
@Robot Trader -- by bringing up this recording issue you may have thrown a wrench into things. Someone who has ill intentions may contact @George for a session, record it deceitfully, then make it public. I don't know whether @George has already considered that risk. It hadn't occurred to me before.
"If you are interested in what a session looks like then it's really, really simple -- arrange one with @George."
Not totally clear what you mean by this comment, but the recording i suggested was only ever for your benefit not to share with others, I do not want to see it
With regards to "professional" -- I can't speak for @George but I can speak for myself. Calling oneself professional does not make one professional. Professional is a label one earns. And, of course, it is a very broad label. In the context of forex, I would say a professional is someone who is passionate about trading, who is always looking to improve, wishes to interact with other professional traders and, most importantly, would never attempt to publicly embarrass another trader -- regardless whether they agreed or disagreed on methodology. Professional not only refers to your skill level, but also how you carry yourself as a person.
The MM is not someone who can be interviewed on some obscure YouTube station and who is going to reveal all the machinations that go on behind the scenes.
the MM is some entity at the highest level that has access to ALL orders, not just from one brokerage or one bank -- ALL orders. Also, the MM has sufficient resources to move the market price to any value it wishes. A single brokerage or bank could not do that.
So, the proof comes in the form of circumstantial evidence. By virtue of the fact the price manipulations are so precise
The MM is not some clumsy criminal who leaves fingerprints behind. The only "proof" we have is the precision @George has demonstrated and attempted to share
Thank you Steve ,,,
Come on, @BlackStack -- there's no need to go down that route. There's no harm in disagreeing -- just do it in a respectful, non-condescending manner. That is, the same way you would want someone to express their disagreement with you. Also, you can leave out the sarcasm, like I do
I agree with you about knowledge of trading . I love George method but I can not understand because drawing ,drawing back from week to month and day ,I am new in this trading no way I can catch up with George ,that why I dont even dream about Skype or team viewer with George , just wait his time , I rather save that time for some one understand and have experience .I have to know my level and let it go. I like your indicator a lot and download but no glue how to use it ,useless ,if you have experience even you met George or not just listen to him and just let him talk little you can know every secret from George . If George talk to me easy way , no way I can catch up with him. When you open your journal and saw us RSI and MA plus center band TMA ,that with me I can easy to understand your trading method. I hope I can learn form you little by little , even I fail I still happy because old man say failure is mother of success. Have a nice week Nih98.
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