Lee Shepherd
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never fart when you are in a spacesuit!!
There's a joke thread adequately titled.
never fart when you are in a spacesuit!!
It never fails to amaze me that when credible traders dismiss this way of trading, newbies still persist in the hope that the dream could be real. A dream is all it is.
hi there guys,
i am currently in the middle of trying to put together a sort of "road map" for beginner traders.
most of the posts i see on here carry an underlying doubt as to whether it is possible to make money from trading. what i have is not a "holy grail system" it is simply a trading style and money management blueprint whereby someone who is very new to trading can start with very little capital (£250-£500) and consistently make money and build over time up to a point where they can choose to take a small regular income for their trading or compound their profits and trade on a much, much larger scale.
i am just throwing this out there to see if there is any interest. if there is i will compile it into a book for circulation.
the main reason for doing this is that there are no "hand holding" Guides out there. this is simply a method of start with very very small stakes and growing consistently.
please let me know if this is for you.
I for one would be interested in this if and when you compile it.
gerty
right then,
i am going to get it finished in the nex fortnight, i want to make sure that it is correct and concise. as soon as it is finished in a PDF format, and has a name. i will post a link on here.
many thanks for all the response, albeit with a degree of caution.
-=VK=-
Hi,
Just wondering when your book will be finished??
I for one would be interested in this if and when you compile it.
gerty
At the stage I am in, I am hungry for anything that will provide me a means to make consistent gains. Also, I am interested in automatic trading.
Sapien
this thread should be deleted. ... you can learn more watching the screen and looking for low risk high reward entries; e.g. on ym, er2, etc.. watch for Sup/Res on say 30 min time frame, perhaps a pull back, but trade also with pullback on 8 min chart and enter as close as possible to S/R. use a 1 handle/point stop. Look for at least a point profit. You might want to inch up or down your stop--minimize losses. Take a b/e, small loss or profit. Watch book for order flow (also Time&Sales)---enter again. try trading 2 and take profit on first at 1 pt.; ratchet up SL to be +1 tick. Try for 2 pts or better on second... Step 2-be patient. sometimes trades will jump in your face, really.
it's not all there but the skeleton is. i hope this helps someone who is completely new. it can be as simple or sophisticated as you want, but you have to teach yourself.
the point is the thread is dead. The OP ****ed off without coming back, and telling us what their plan was.
in the unlikely event that someone else identifies a strat that makes 600 pips a month on the ftse with a 100% win ratio, and they feel like sharing it with us, I'm sure they will.
In the meantime, wouldn't it save us all time to end yet another dead debate.
In the meantime, wouldn't it save us all time to end yet another dead debate.
the point is the thread is dead. The OP ****ed off without coming back, and telling us what their plan was.
in the unlikely event that someone else identifies a strat that makes 600 pips a month on the ftse with a 100% win ratio, and they feel like sharing it with us, I'm sure they will.
In the meantime, wouldn't it save us all time to end yet another dead debate.