plese, is it correct or there is something wrong ?
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ReadtheMarket - Supply and Demand with Price Action
- #1,643
- Dec 23, 2014 7:55am Dec 23, 2014 7:55am
- Joined Dec 2006 | Status: Backtest is meaningless (to me) | 2,176 Posts
- #1,647
- Dec 26, 2014 4:05am Dec 26, 2014 4:05am
- | Membership Revoked | Joined Nov 2010 | 3,072 Posts
Hi all
Due to a silly set of circumstances, RTM is down, and will definitely remain down for at least another twenty six hours.
Please use this time to spend with your families, as they are far more important than study at this time of year
Due to a silly set of circumstances, RTM is down, and will definitely remain down for at least another twenty six hours.
Please use this time to spend with your families, as they are far more important than study at this time of year
- #1,650
- Dec 27, 2014 7:29am Dec 27, 2014 7:29am
- | Membership Revoked | Joined Nov 2010 | 3,072 Posts
That definitely looks like a place I'd sell
Hi IF, thanks so much for letting us on the holy grail 
I'm an avid RTM learner now, reading through other pro trader's journals as of now. But I wanna ask, as traders get more and more successful, more people are bound to also learn to be successful too (through RTM 
). Hence the amount of winners in forex woud shoot through the roof (maybe in a couple of years from now?). But then the ITs won't like this, as they only gain money from losers out there, so naturally won't they change the rules of the game? Won't everything learned today be useless then? I'm just worried 
I'm an avid RTM learner now, reading through other pro trader's journals as of now. But I wanna ask, as traders get more and more successful, more people are bound to also learn to be successful too (through RTM ). Hence the amount of winners in forex woud shoot through the roof (maybe in a couple of years from now?). But then the ITs won't like this, as they only gain money from losers out there, so naturally won't they change the rules of the game? Won't everything learned today be useless then? I'm just worried Detach yourself from the value of money - Mr. Pip
- #1,655
- Dec 28, 2014 11:31am Dec 28, 2014 11:31am
- | Membership Revoked | Joined Nov 2010 | 3,072 Posts
Hiya
that's something which has worried me for some time now, and I've already seen the ITs change one significant target over the last year for that very reason.
This is why I've never explicitly taught in public a system of trading what we know.
This is also why I'm very reluctant nowadays to post any more. I've taught all of the pieces, but if I say more, I just know I'll quickly put all the pieces together, and then the puzzle MUST change!
But, not everybody who knows how the market works ends up being a winner. We each have our own demons and angels within, who dictate how we handle ourselves in the market. Knowledge of the holy grail is useless without the ability to use it wisely!
But yes, my students are learning to be the bane of the IT. Instead of getting in after the move has been made, they're getting right in there at the very tops and bottoms, eating away at the orders that were once the sole property of the big guys. But they are also learning to read the changes the ITs are making to their plays, enabling them to remain on top.
I once naively thought that having a massive trading academy, and learning centres across the globe, would enhance countless lives, but your post explains exactly why that would've been a fool's errand
that's something which has worried me for some time now, and I've already seen the ITs change one significant target over the last year for that very reason.
This is why I've never explicitly taught in public a system of trading what we know.
This is also why I'm very reluctant nowadays to post any more. I've taught all of the pieces, but if I say more, I just know I'll quickly put all the pieces together, and then the puzzle MUST change!
But, not everybody who knows how the market works ends up being a winner. We each have our own demons and angels within, who dictate how we handle ourselves in the market. Knowledge of the holy grail is useless without the ability to use it wisely!
But yes, my students are learning to be the bane of the IT. Instead of getting in after the move has been made, they're getting right in there at the very tops and bottoms, eating away at the orders that were once the sole property of the big guys. But they are also learning to read the changes the ITs are making to their plays, enabling them to remain on top.
I once naively thought that having a massive trading academy, and learning centres across the globe, would enhance countless lives, but your post explains exactly why that would've been a fool's errand
So is this the sign RTM is gonna go out the window? I mean clearly people won't be interested to teach others if it indirectly affects their rice bowl right?
Detach yourself from the value of money - Mr. Pip
