i cannot beleive how simple greys methods were yesterday when i was trading with him. Ok we do have to be aware of news at all times with his methods but they are amazing and so simple and if you can read the market and know when its gone non techical just stay out but even for me this will take time to get. No trendlines, no fibs, no volume, no bs basically, just pure cycle analysis.
Perhaps its futher confirmation that as traders we do like to over complicate and ive been guilty of this for too long now. It works, keep stops tight, run profits and move up stops to breakeven then +10, it works i tell yer.
The post above by market wizard and my own thoughts on yesterday are it can be done but its all down to the trader, their personality, their ability to do money management and their ability to strickly follow the rules..............you cannot trade greys way unless you are truely disciplned which something i currently have issues with.
TA now more than ever is of high importance in trading due to the expansion of the internet and many home traders doing it, also some feel the level 2 game is being manipulated and can no longer be realied upon, well ive been around the blocks and grey as everyone knows is the only genuine guy out there maybe apart from newton bomb as he does post live calls which every mentor should do imo as its all bs otherwise. Grey is the real deal i have to say.
Im well aware it was a one off experience for me trading with grey and it came from months and months of hounding him, so im grateful for his time and i learnt more yesterday than i ever thought possible........I think it can be best said like this: you cannot learn to drive a car by reading a book.
Perhaps its futher confirmation that as traders we do like to over complicate and ive been guilty of this for too long now. It works, keep stops tight, run profits and move up stops to breakeven then +10, it works i tell yer.
The post above by market wizard and my own thoughts on yesterday are it can be done but its all down to the trader, their personality, their ability to do money management and their ability to strickly follow the rules..............you cannot trade greys way unless you are truely disciplned which something i currently have issues with.
TA now more than ever is of high importance in trading due to the expansion of the internet and many home traders doing it, also some feel the level 2 game is being manipulated and can no longer be realied upon, well ive been around the blocks and grey as everyone knows is the only genuine guy out there maybe apart from newton bomb as he does post live calls which every mentor should do imo as its all bs otherwise. Grey is the real deal i have to say.
Im well aware it was a one off experience for me trading with grey and it came from months and months of hounding him, so im grateful for his time and i learnt more yesterday than i ever thought possible........I think it can be best said like this: you cannot learn to drive a car by reading a book.