daytrader50

NICE FIND......and like most things we find here and everywhere else....some weeks they hold up, others they dont. I can tell you as a guy who has used anabolic steroids and given lots of thought to the behavior of criminals and how it relates to test. I will say this, if people with higher levels of testosterone have a better week than others, its simply because aggressive trading is what is called for....for THAT week! I will also say that no one is asking how a traders testosterone gets higher on monday than on friday for example. Well, I believe, if you have 2 or 3 losing days in a row, your confidence thus your testosterone goes down, and if you had even one big day on friday, youll have all weekend to anticipate crushing the markets on monday and your testosterone should be a bit higher...but do we really win any more money? Sometimes yes....sometimes no. Dont go out and start injecting steroids yet. I did, and it isnt helping or hurting me either way over 4 months. But I injected for bodybuilding reasons. Id never put foreign hormones into my system on the hope I will trade better.

We'd like to believe trading is 805 mindset so it makes the thought of being a pro easier to believe. I am telling you now as a 15yr+ veteran. Its BS. It sells a looooot of books and courses. Ever notice all the software and courses they sell all tell you "Once you have the mindset down" the rest comes with time>" More BS! Does that mean if we all meditate and take lessons in zen we can become pro sports players not in our chosen sport...but in ANY sport? Of course not. Still think its true? You can PM me and if I have time I can tell you more.

Ok guys, I just got an invite from shadowtraders to join tomorrows free webinar. They for the first time since Ive been skeptically following them thru the freebies, they had sent this out about having a paid student call you. Maybe if several of us leave our number and see if the same guy calls us back or not, that will tell us if this is a scam, or the real deal. Here is what they sent me. You can ask them questions at:support@shadowtraders.com Remember...Im as skeptical as most of you are!!! Maybe if we all check out the free webinar tomorrow, we can come back here and intelligently compare notes. This co. does scare me. Excerpt from their email to me: Here's the key...Many of you have been burned by expensive vaporware (trading software that doesn't work), expensive courses, expensive seminars. We know, we get lots of students who tell us about their experiences. Because we would like to get you going in the right direction, here's what we want to do. We have students who are willing to talk to you one-on-one about Shadowtraders. They will tell you the honest truth, no sugar coating...we made sure of that. These are students who took the leap of faith. Most of our students are referrals from other students, family members, etc. So they are willing to share their experiences with you. If you are thinking of doing Shadowtraders seminar this weekend but want to hear the truth from existing students, email back your telephone number, best time to call, and your time zone. One of our students will call you back and give you their honest opinion. Again, this is not some sugar coated, greatest thing since sliced bread. They will tell you their honest experiences with Shadowtraders. That's what you want to hear. --

I too am intrigued by shadowtraders. However there are some red flags: #1-When you sign up for their free webinar they have just about every week, they are always trading in sim mode. Why cant they show us a real account? (In fact doesnt almost every software or chat room vendor never show you his p/l statements??? I wonder why?) #2-When you watch some of their you tube videos, the minutes that pass in the video is always much less time that in real life. In other words when an 8 min video starts it might show the last trade at 10:35am and 8 min later on a 1 min chart you see 25 or 30 bars have gone by and it shows on the chart it is 11:05am. ****This last one is the one that really bothers me! I hope to hear from more of you who took the shadowtraders course and can tell us more about it. But the gentleman who said he was trading 8.5 years and thinks if it works they would just give it to a hedge fund has got a point. Also, if they are scalping just a few ticks at a time, they would have to be buying on the bid and selling on the ask all the time. What happens if they dont get filled? They never mentioned in 3 free webinars I watched what their max risk is. Hmmmmmm.......... Yet for a co, in biz so many years, they dont seem to have that many complaints.

Room, First of all i hope this guys name doesnt start with the word "king". If so you have I would say a 99% chance of being scammed. Second of all. I am interested in something unique like that myself. Hell, Im sure even us diehard traders get sick of watching for patterns to set up or candles to leave the right tail or whatever we are looking for. Chart watching is also a very lonely isolated experience because after your day is done, you cant even really describe what made you take a trade even if its another trader you are talking to because you 'have to be there." And to the guy who keeps busting your chops about wanting to promote someone, does this mean if I ask questions about how good so and so's system is I will get bounced for soliciting? I sure hope this board isnt that kind of anal.lol Anyway, please keep us posted on this. I myself was actually thinking of experimenting with strictly using charts but no moving averages or indicators in demo for a month just to sharpen my skills. Anyone here ever do that? And about Jesse Livermore not using charts, I dont disagree. But me thinks there are little "edges" he had just by being in the time period he was in we will never know about as he likely never told anyone!