Cworthy

We can speed that up for you I totally agree about the human brain -- far better than any black box priced under $20k !

Yes and no. For example, we have trained over 800 traders using the MAX Trading System. We know it is a highly profitable approach to trading the markets. However, it takes much more than great trading methods to make a great trader. The psychological elements of self-discipline, greed, fear, hope, confidence, etc are at least as important as your trading methods. So, you may indeed have a profitable strategy, and yet be a losing trader. This is a big part of why we ask our students to achieve the 3 consecutive weeks of profitable demo trading using the money simulation approach. You absolutely must have some way of feeling the stresses that are generated when you trade "real money." As KalixMOR said, the markets are hard. It is a very unfriendly environment, and without a good money simulation to experience the pain of losing, demo trading is of limited value. The issue of the difference in demo and live fills does not affect our MAX traders, but the psychological issues cannot be avoided. If you walk into the live markets unprepared, you will exit the markets wishing you had invested more time and money in preparing yourself for the battle...only now you may not have any money!

Hi Chem -- just a couple of comments. First, never trade without a stop...never. Secondly, at MAX Trading System we highly recommend that you stay away from any live trading until you have traded demo for at least 3 consecutive weeks--without a losing week! To skip this exercise is to invite account disaster!!! There is no hurry--the markets are not leaving--they will be there when you are ready. While trading demo, it is very important to begin to get the feeling of "live" by creating a "money simulation" to help you regret losing--and stick to it. This will help to prepare you for the psychological battlefield of live trading. For example, for every tick you lose trading the demo account, donate $1 (or whatever size amount works for you to make it feel "live") to a favorite charity--but it must be a large enough amount to hurt a bit! For every tick gained, place the same amount in savings toward a treat for yourself or your family. At the end of each day, disburse the funds so that you feel the pain or gain of the day's results. After a minimum of 3 consecutive winning weeks, go live, but go small----discipline yourself to stick with very small trades (risking perhaps 1/2 percent of your account) until once again you have 3 consecutive winning weeks. Then begin small advances toward larger trades. You will never regret taking the time and effort to trade safely!