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Sam Seiden Goes DOWN

  • #81
  • Apr 10, 2020 12:02pm Apr 10, 2020 12:02pm
I have said on FF many times that more is made on teaching newbies how to trade than actually trading itself!

Everything you need to know is avaliable for free on the internet, you don't need to pay for any training at all!!
  • #82
  • Apr 10, 2020 12:11pm Apr 10, 2020 12:11pm
Quoting C-12
{quote} Why would any full time trader post their account on a public forum unless they have something to sell or a major ego that needs attention? I am totally done with this place. Every time I logon I find myself involved in a cesspool of fail...
Just to proof that what they have been talking about for years is actually reliable. Also you probably don't know but when you upload TE you put account number and Investor pass, not real pass..

I know people who are profitable with big accounts uploading TE just to show they are not talking bullshit...

Its not about EGO.. its about honesty bro.

Anways. Have a good time trading S&D everybody. Go read some Sam Seiden shit.. that is pure gold info!! lol
  • #83
  • Apr 10, 2020 12:12pm Apr 10, 2020 12:12pm
Quoting rover99x
I have said on FF many times that more is made on teaching newbies how to trade than actually trading itself! Everything you need to know is avaliable for free on the internet, you don't need to pay for any training at all!!
People prefer to learn to hard way...by paying idiots to teach you how to lose money

It's sad

People should come and check the forums here, plenty of valuable informations to learn how to trade
COT: The precious data ignored
  • #84
  • Apr 10, 2020 12:13pm Apr 10, 2020 12:13pm
Quoting GMD
{quote} Just to proof that what they have been talking about for years is actually reliable. Also you probably don't know but when you upload TE you put account number and Investor pass, not real pass.. I know people who are profitable with big accounts uploading TE just to show they are not talking bullshit... Its not about EGO.. its about honesty bro. Anways. Have a good time trading S&D everybody. Go read some Sam Seiden shit.. that is pure gold info!! lol
I never read Sam Seiden strategy and never will. TE is not reliable as there has been traders that claimed to trade live but it turned out to be fake demo. So we are all even. So from what I've been talking about, the best way to prove is to take a trade and post a live chart picture right away here.
  • #85
  • Edited 12:40pm Apr 10, 2020 12:13pm | Edited 12:40pm
Supply and demand concept in economics.

Supply and demand seen from the ohlc candles on a Forex chart.

They both mean different things, their point of reference is completely different.

This Sam Seiden Forex "supply and demand" jargon refers to interpreting it from the ohlc candles on a chart.

It's one thing saying supply and demand moves price.

It's another thing saying ohlc candles on our brokers chart show supply and demand.

Remember, there's no information of even a single order or transaction from our brokers chart. None.

Without any metrics about actual orders and transactions on the inter-bankfx market how is it possible to extract any interpretation that's about this "supply and demand" jargon ?

Ofc we are entitled to our belief and free to use whatever words as we like. Fact is Sam Seiden sells "supply and demand", Nial Fuller sells "support and resistance" courses. They are both marketers.

The trading world bought into their bs.

Traders have to defend both these ideas else they have nothing. So no surprise there's passionate defence from believers.
Know what you trade
  • #86
  • Apr 10, 2020 12:14pm Apr 10, 2020 12:14pm
Quoting GMD
{quote}....Sure... All I am saying.. S&D works for you people?? Prove it.... "oooh noo but I dont need to prove you anything" bla bla bla bla
First of all, C-12 is under no obligation to prove anything (nor is anybody else for that matter). He puts his own money at risk, not yours.

Secondly, while his thread is a "study guide" for those who put in the time and effort, it is really a window into the long tireless journey he walked to find what works for him. His thread is littered with gold nuggets, but he has never intimated that his way is the only way.

Thirdly, not everyone that charges a fee is a charlatan (not saying C-12 charges a fee for anything). People trade their own belief systems. This is why a method that works for one person, does not necessarily work for another.

And lastly, Supply & Demand is the essence of all markets. Whether one use S&D Zones or not.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #87
  • Apr 10, 2020 12:15pm Apr 10, 2020 12:15pm
Quoting BWilliam
Supply and demand concept in economics. Supply and demand seen from the ohlc candles on a Forex chart. They both mean different things, their point of reference is completely different. This Sam Seiden Forex "supply and demand" jargon refers to interpreting it from the ohlc candles on a chart. Remember, there's no information of even a single order or transaction from our brokers chart. None.
Exactly my point mate!

Thanks for simplifying it.
  • #88
  • Apr 10, 2020 12:16pm Apr 10, 2020 12:16pm
Please when you talk about supply demand being real or not. Please state of you mean Sam seiden sd method or supply and demand itself. Because one is most definitely real, the other is not.
// Jim Ęgirson https://discord.gg/Dkm3demYsx
  • #89
  • Apr 10, 2020 12:18pm Apr 10, 2020 12:18pm
I also do not understand, why many people would give $5,000, $15,000 or even $50,000 throughout years to Sam company to learn how to trade. I mean come on where is the logic there. If after investing $5,000 into education and you did not get it, maybe go back to the same notes, go online, search, try it on demo, open a live account and trade micro lots until you are profitable on a monthly basis. I do not understand people sometimes at all.
  • #90
  • Apr 10, 2020 12:20pm Apr 10, 2020 12:20pm
Quoting HiddenGap
{quote} First of all, C-12 is under no obligation to prove anything (nor is anybody else for that matter). He puts his own money at risk, not yours. Secondly, while his thread is a "study guide" for those who put in the time and effort, it is really a window into the long tireless journey he walked to find what works for him. His thread is littered with gold nuggets, but he has never intimated that his way is the only way. Thirdly, not everyone that charges a fee is a charlatan (not saying C-12 charges a fee for anything). People trade their own...
Supply and demand is the essence of the market... But as BWilliam just said.. its about S/D in economics, while Sam Saiden claims there is a way to identify this in OHLC form..

Like my friend BWilliam just said.. there is no info of orders or transactions volume in your brokers charts in Forex to identify a metrics of supply or demand in a chart.

The whole point here is that Sam Seiden made a massive fortune out of this theory.. and now he is being charged for it... Why is it so hard to believe he was full of bullshit??
  • #91
  • Apr 10, 2020 12:20pm Apr 10, 2020 12:20pm
When someone says supply demand isn't real... They sound stupid as fuck.

Equally as stupid as when someone say supply demand works .. of course it works. It how the market works.

But drawing a zone based on Sam seiden principles isn't necessarily how true supply and demand in the markets shows it's hand.

Supply and demand is what drives the market. Sam seidens teachings might have been wrong. It was a marketing trick. And he called it supply demand trading , supply demand zones etc.
// Jim Ęgirson https://discord.gg/Dkm3demYsx
  • #92
  • Apr 10, 2020 12:20pm Apr 10, 2020 12:20pm
Quoting BWilliam
Supply and demand concept in economics. Supply and demand seen from the ohlc candles on a Forex chart. They both mean different things, their point of reference is completely different. This Sam Seiden Forex "supply and demand" jargon refers to interpreting it from the ohlc candles on a chart. Remember, there's no information of even a single order or transaction from our brokers chart. None. Without any metrics about actual orders and transactions on the inter-bankfx market how is it possible to extract any interpretation that's about this "supply...
This is not entirely true.

You can in fact at times see these zones on a chart. You just have to know what you are looking at.
  • #93
  • Apr 10, 2020 12:22pm Apr 10, 2020 12:22pm
Quoting GMD
{quote} Supply and demand is the essence of the market... But as BWilliam just said.. its about S/D in economics, while Sam Saiden claims there is a way to identify this in OHLC form.. Like my friend BWilliam just said.. there is not info or orders or transactions volume in your brokers charts in Forex.. The whole point here is that Sam Seiden made a massive fortune out of this theory.. and now he is being charged for it... Why is it so hard to believe he was full of bullshit??
You are right. Sam and his company are scammers and made millions based on a lie. But a strategy S&D that has been there way before us does work. Let's not blame the strategy but a scammer that made millions selling something that it was not invented by him, never proven that it works the way he trades. S&D works but one has to understand it and learn it yourself.
  • #94
  • Apr 10, 2020 12:25pm Apr 10, 2020 12:25pm
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Do you see what I see?
  • #95
  • Apr 10, 2020 12:27pm Apr 10, 2020 12:27pm
Quoting viptrading
{quote} This is not entirely true. You can in fact at times see these zones on a chart. You just have to know what you are looking at.
But you see... this is the whole point of Sam Seiden being charged buddy...

"You need to know how to identify the zones".... I have read that line a millions times... If all the people saying that exact same line are great pro Supply and Demand traders.. then they all must be making good money.

That's why I ask for proof.. not trying to offend anyone... But asking for proof since Sam Saiden has been charged of scamming.
  • #96
  • Apr 10, 2020 12:29pm Apr 10, 2020 12:29pm
See, the problem here is lack of understanding. I really did not want to have to spoon feed you guys a chart, because it wont help you. Until you actually take the time to understand why the market moves (which includes areas of supply and demand). You will not see it.

A lot of people here think they can trade off 15 minute charts and it has to do with supply and demand. LOL. You really think banks trade those levels?

Most of the times these levels are visible on higher time frames. Sometimes they are not there at all because the market maybe trending away from a zone.

If you zoom out enough though you will always find them.

Past zones do not guarantee to hold, that is up to the data. It is up to what traders will do in the now, and you can only know that if you understand the other pieces.
  • #97
  • Apr 10, 2020 12:29pm Apr 10, 2020 12:29pm
Quoting GMD
{quote} But you see... this is the whole point of Sam Seiden being charged buddy... "You need to know how to identify the zones".... I have read that line a millions times... If all the people saying that exact same line are great pro Supply and Demand traders.. then they all must be making good money. That's why I ask for proof.. not trying to offend anyone... But asking for proof since Sam Saiden has been charged of scamming.
No one here is trading Sam Seiden scam strategy. We trade S&D strategy, using COT reports, paying attention to fundamentals, looking at trend and drawing trend lines, to see the reaction. I don't know how many times did I repeat this to you buddy. Get it already or give up. You do not know how to trade S&D and you probably never will. Stop stressing and trying to prove that S&D does not work when it does. As for saying Sam Seiden strategy is a scam I do agree with you.
  • #98
  • Apr 10, 2020 12:30pm Apr 10, 2020 12:30pm
GMD

Do you understand why prices move? It is the market forces of demand and supply at play. Where demand and supply become equal is known as the equilibrium or simply known as balance. When price leaves the equilibrium or the intersection of demand and supply an imbalance has set in. How you exploit this knowledge to make profit is totally up to you but this has got nothing to do with Sam Seiden or any other SD forex tutor.

You keep asking for proof as if it would validate this common knowledge of supply and demand. Techanalyst, Shabs19, viptrader have tried to make you understand how practicable and viable the concept is as well as its timeless application to the market but you pass it off as crap. There are losses and will always be losses when trading using supply and demand zones but how you manage your equity is one of the biggest factors of consistent winning ratio. It is not the holy grail by any means but it is a concept worth mastering. Like many, my source of knowledge of SD trading does not include Sam's tutorials. Once, I studied Sam's method but decided almost immediately not to incorporate his style of trading. It just doesn't suit my personality. If you think supply and demand trading is a hoax it doesn't change the fact that it is the prime mover of markets in any free market economy.
Fred
  • #99
  • Apr 10, 2020 12:31pm Apr 10, 2020 12:31pm
Quoting Techanalyst
{quote} You are right. Sam and his company are scammers and made millions based on a lie. But a strategy S&D that has been there way before us does work. Let's not blame the strategy but a scammer that made millions selling something that it was not invented by him, never proven that it works the way he trades. S&D works but one has to understand it and learn it yourself.
But what do you mean it has been there before?? Of course Supply and demand concept has been there since the begining of economy.. since the begining of times..

As far as I know.. The concept of S&D zones IN CHARTS has been popularized by Sam Saiden..

Perhaps there is people who have been trading Supply and demand in charts before Sam?? probably... But this guy has made a fortune scamming people on a theory without any reliability.

And if you check all threads in here talking about Supply and Demand.. they all refer to Sam Seiden theory.
  • #100
  • Apr 10, 2020 12:33pm Apr 10, 2020 12:33pm
Quoting GMD
{quote} But what do you mean it has been there before?? Of course Supply and demand concept has been there since the begining of economy.. since the begining of times.. As far as I know.. The concept of S&D zones IN CHARTS has been popularized by Sam Saiden.. Perhaps there is people who have been trading Supply and demand in charts before Sam?? probably... But this guy has made a fortune scamming people on a theory without any reliability. And if you check all threads in here talking about Supply and Demand.. they all refer to Sam Seiden theory....
Not all. I never trade S&D based on scammer Sam. I never will. I trade based on what i studied for 1000 hrs of S&D and also applying COT reports, and looking at fundamentals, economics worldwide to know what is going on.
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