Disliked{quote} Good afternoon! I have been following this thread for a while and I think there is a lot of valuable information for traders of all skill levels . However , claims of such enormous profits are usually seen in the marketing of fake EAs , online courses etc. , but it is clear that this is not your intention and I truly believe you just want to share your knowledge which I respect. The reason I'm writing this is because I'm at an earlier stage of my journey and I'm looking for some clarification. If you continue with these profits ,by next...Ignored
There are just 137 subscribers to this thread, let's guess that a whopping 50% comprehend and practice it. So we are looking at a possible 60/70 people so I think making the strategy redundant is highly unlikely amidst the millions who trade alternative methods. I never set out to make my fortune but rather a steady income I can live on and this to will differ from person to person, this thread is simply an explanation of what I do to achieve this and have done for a long time.
What prompts me to write this stuff is that I see people making the same mistakes over and over and losing their hard eared money, as you pointed out there are a lot of people out there selling notions and potions and probably make a better living from that than they do trading. Then there are the so called professional traders in institutions trading billions, my question would be 'if they are so good then why do they work for somebody else?'.
I don't understand what you mean by how do I achieve such profits, haven't I gone to a great deal of trouble explain this aspect.
The methods of chart plotting you mentioned, harmonics etc are price based whereas I trade the average swings and the various structures that happen within these swings to make the swings happen at a time when it is most likely to make it efficient in terms of time.
I could write about this stuff all day but it has nothing to do with the actual practice of trading so I will leave the philosophy and psychology for others more expert in the field.
I am not here to change your opinion, if it works for you then stick to it. If it doesn't then maybe you can take something from this thread and profit from it. I am always happy to discuss stuff because I to learn from discussion.
Thanks for the query Andy
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