Just checking the thread and saw this recent post. . .
Steve 56 "Hate seeing people ripped off needlessly when stuff is free."
Nice of you to share a free indicator, and I agree, it is certainly not worth $2K.
But really – there are people on this thread still trying to figure out a pullback candle and you’re giving them an advanced pattern indicator and discussing Gartley patterns? I'm not sure those are part of this trading system.
Just one more distraction and another shiny object creating the perception of a short cut – and free, of course. If one doesn’t know how to recognize a Gartley, Butterfly, Bat or Crab pattern without an indicator, how on earth can we expect them to benefit from an indicator that shows these patterns?
You can give away 100 indicators and 99% of the traders who download them will never use them properly, back test them, or do any research as to how they work. They’ll just be added to the list of other downloaded indicators in the folder marked “free crap I will never learn to use.”
I’m glad there are those that continue to scour the internet for free stuff, while they’re doing that, some of us are making a lot of money by actually trading.
Not picking a fight here, just stating some facts about why so many traders never make it. No attention span, no discipline and no investment in education. But give them something to download for free, and they are easily distracted and thrown off track.
A real challenge might be to start a thread or a blog teaching people how to ratio trade or recognize and actually use advanced patterns.
Stay tuned. I’m working on it.
Time for bed until the London open.
All the best.
dcginc
Steve 56 "Hate seeing people ripped off needlessly when stuff is free."
Nice of you to share a free indicator, and I agree, it is certainly not worth $2K.
But really – there are people on this thread still trying to figure out a pullback candle and you’re giving them an advanced pattern indicator and discussing Gartley patterns? I'm not sure those are part of this trading system.
Just one more distraction and another shiny object creating the perception of a short cut – and free, of course. If one doesn’t know how to recognize a Gartley, Butterfly, Bat or Crab pattern without an indicator, how on earth can we expect them to benefit from an indicator that shows these patterns?
You can give away 100 indicators and 99% of the traders who download them will never use them properly, back test them, or do any research as to how they work. They’ll just be added to the list of other downloaded indicators in the folder marked “free crap I will never learn to use.”
I’m glad there are those that continue to scour the internet for free stuff, while they’re doing that, some of us are making a lot of money by actually trading.
Not picking a fight here, just stating some facts about why so many traders never make it. No attention span, no discipline and no investment in education. But give them something to download for free, and they are easily distracted and thrown off track.
A real challenge might be to start a thread or a blog teaching people how to ratio trade or recognize and actually use advanced patterns.
Stay tuned. I’m working on it.
Time for bed until the London open.
All the best.
dcginc
