Hi Pilotpat,
I agree with you and your purpose. You are a student of the markets, and I wish you well and success in your pursuit of knowledge. As you understand well, there is a lot more to trading than very basic classical technical analysis, or you would not be continuing to explore other lesser-known material. This is the wrong forum for such a post. Unfortunately, many who post here regularly still don’t even understand the classic basics, this is very obvious from their posts. Yet they are self-proclaimed experts. Almost anything posted here deviating slightly from basic classical technical analysis is criticized or condemned. Actually, this is sad. Those criticizing and condemning are really hurting themselves. Some of the best stuff I have come across has been anything but mainstream. Taking the time to learn, explore, and experiment is invaluable when it comes to trading. Those who post here with unique, or just different ideas or styles are ridiculed, resulting in a discontinuation of their posts, a big loss to the forum, since these are frequently the most experienced and knowledgeable traders.
Schrader has an entire suite of tools that can be added, at an additional cost, to some software packages. Below is a sample of those tools from one charting package. Just because an author is lesser known, does not mean his information is less valuable. And I am sure there is information in Schrader’s course which many here are not familiar with, regardless of how much they studied Fibonacci. Is it worth 5,000? Maybe, maybe not, but it is the authors prerogative to sell the information at what he believes it is worth.
The Sacred Science Institute carries complete courses from Jerome Baumring, in addition to Schrader’s course. Robert Miner mentions Baumring in his writings. Constance Brown also references Baumring's course set: The Law of Vibrations. Miner and Brown are much more knowledgeable than any of the posters in this thread. Baumring mentored many top traders, teaching advanced trading courses based on the works of Gann, yet I would bet few here ever heard of him, but many here would not hesitate to criticize him. The unflattering remark against the Sacred Science Institute, which contains Baumrings works, is the perfect example of this short sightedness and ignorance.
Kevtherev is correct. This thread is useless and does not address your very legitimate initial post. Pilotpat, I cannot help you concerning your initial post. I am just tired of the metastatic posts that followed. The purpose of this forum is to be helpful and constructive, and I know this post does not fall into this category, but something needs to be said. We do not need to agree on this forum, but input should be based on principles shown to be successful, firsthand knowledge, and on actual experience. Posts should be helpful and civil. This is the exception rather than the rule on this forum. Mistakes are made, no one is perfect, but those who comment out of ignorance, show the whole world how ignorant they really are, such posters really stand out.
Pilotpat, if you come across any good material or references on Shrader, please private message me. I would be interested in what you have discovered.
“D”
Advanced Fibonacci Tools - Shrader Group 1
Fibonacci Price Projections
High Low Marker
Shrader Bar Counts
Shrader Clusters
Shrader Moving Averages
Shrader Price Projections
Advanced Andrews Tools - Shrader Group 2
Andrews Divided Trend Line
Andrews Geometric Fan
Andrews Intervals
Shrader Price Retracements
Shrader Time Projections
