Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Sidhartha

Jim Dalton's "Field of Vision"

Recommended Posts

Hi All,

 

I have decided to finally sell my original copy of Jim Dalton's "Field of Vision" - after watching it so many times that I know it off by heart!

 

Less than half price... currently on my Ebay page here,

 

eBay - The UK's Online Marketplace

 

Many Thanks

 

I bought a monitor which had a shorter base than the other 2 that I had. I used Jim Dalton's book, "Mind Over Markets", to even out the monitors. It is now so useful, I would never sell it. I will keep your Field of vision in mind if I decide to get another monitor that I need to even out. Would you mind telling me how thick it is? I think the book would be appropriately named too.

Share this post


Link to post
Share on other sites

Funny, because I rate Jim's books as 2 of about 8 books I'd ever want to keep. Go figure. Different strokers I guess.

 

For example, I think VSA is largely complete nonsense. You don't.

Edited by Sidhartha

Share this post


Link to post
Share on other sites
Funny, because I rate Jim's books as 2 of about 8 books I'd ever want to keep. Go figure. Different strokers I guess.

 

For example, I think VSA is largely complete nonsense. You don't.

 

Not sure where you got the notion that I support VSA.

Share this post


Link to post
Share on other sites
I bought a monitor which had a shorter base than the other 2 that I had. I used Jim Dalton's book, "Mind Over Markets", to even out the monitors. It is now so useful, I would never sell it. I will keep your Field of vision in mind if I decide to get another monitor that I need to even out. Would you mind telling me how thick it is? I think the book would be appropriately named too.

 

I almost passed out when I read this... now I know what I should have done with all the trading books I donated to the book fairs.. :doh:

Share this post


Link to post
Share on other sites
I almost passed out when I read this... now I know what I should have done with all the trading books I donated to the book fairs.. :doh:

 

BTW, nothing against MP, which has its place in trading. Dalton simply tried to make more of it than he should have and wrote about topics that he really wasn't qualified to write about.

Share this post


Link to post
Share on other sites

At the end of the day, that's just opinion.

 

Every trader has to find their own narrative to explain why the markets do what they do, and to justify their trading decisions. No educator will give you your complete narrative any more than anyone posting at a forum will.

 

Whether you agree or disagree with some of things Jim says is irrelevant frankly. The questions to answer are, is there value in what Jim is teaching as a whole, and is he a good educator. I would personally, resoundingly, answer yes to those questions. For me he's one of the two best educators I have come across.

 

You may be working out that you're not talking to some newbie despite my lack of posts here. I was trading for 12 years institutionally and now 6 years trading my own money.

 

I don't know about you guys, but I'm generally too busy, and little inclined, to post on threads that really have no direct relevance to me.

Share this post


Link to post
Share on other sites
At the end of the day, that's just opinion.

 

Every trader has to find their own narrative to explain why the markets do what they do, and to justify their trading decisions. No educator will give you your complete narrative any more than anyone posting at a forum will.

 

Whether you agree or disagree with some of things Jim says is irrelevant frankly. The questions to answer are, is there value in what Jim is teaching as a whole, and is he a good educator. I would personally, resoundingly, answer yes to those questions. For me he's one of the two best educators I have come across.

 

You may be working out that you're not talking to some newbie despite my lack of posts here. I was trading for 12 years institutionally and now 6 years trading my own money.

 

I don't know about you guys, but I'm generally too busy, and little inclined, to post on threads that really have no direct relevance to me.

 

I took part in a series of weekly webinars hosted by Jim. It was the last time I wasted money on an educator. His track record was 100% on the trades that he took that he reported after the fact to the group. But, he would never go on the hook by leaving us with a trade idea to use. Every time we asked what to expect for the coming week, he would always be vague and uncertain. However, the chart he would post of his trade showed pin point accuracy at the high or low, but it was all after the fact. It was obvious that he was afraid that he would be wrong and lose credibility with the group. His goal was not to teach us anything; instead, he needed to keep us beielving that he was good so that we would buy his next product or service.

 

Each webinar meeting he would put up a bar chart and locate a gap that may have been left from prior trading activity and he would suggest that no matter how small the gap, traders would move the market to that gap to fill it. This was, of course, all after the fact information. it was odd that virtually nothing we covered had anything to do with MP. He would spend a lot of time advertising his next up and coming seminar product. I was irritated that I spent money so that he could advertise to me.

 

His sidekick then called and called to try to get me to attend a much more expensive trading event. To the tune of $10,000 for one week.

 

The above is not my opinion. It is fact. If you wish to not learn from my experience that is your prerogative. A lot of people invest large sums of money on trading education and then continue to justify the expense because admitting that it was a complete waste of time and money would mean that they would have to admit that they were scammed and that would be a blow to their psyche.

 

With your 12 years of experience, it is my opinion that, you should have learned to tell the difference between and educator and a bullshitting con man. I will agree that he is one of the 2 biggest bullshitters and will agree that you will learn nothing that you could not have learned here on these threads. But I suppose some learn at different paces than others.

Share this post


Link to post
Share on other sites

The best educators are most often not the best traders. That's one thing most people in the trading community struggle to get their heads around. How many times have I heard "yeah well buddy, if you know so much how come you are not trading for yourself and making millions!!!". Typical retail trader mentality. I personally believe the two are very different skills.

 

Anyway, sorry you didn't get anything from it. I do agree with you that education has it's limits though. I have paid for very few & very selective pieces of eduction in the past - but you have to be darn sure what you are getting suits your style of trading, and does have some basis or narrative that you believe.

 

Anyway, case closed. End of thread.

 

Happy Easter!

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date: 21st February 2025.   European PMI Disappoint, Weighing on Euro Before German Elections   The Euro is the first currency to witness the volatility on this month’s PMI reports. The French, German and British PMI data have resulted in the Euro being the worst-performing currency of the European Session so far. However, will the Euro continue to decline throughout the day? European Purchasing Managers’ Indexes The French Purchasing Managers Index was the first European index to be made public. The release resulted in the Euro instantly declining 0.24%. The main concern from the French data was the Services PMI which fell from 48.2 to 44.5. Previously the market was expecting the data to remain more or less unchanged. The weak data triggered the decline which came to a halt after Germany’s PMI was released.     The German Manufacturing PMI read 0.5 points higher than previous expectations and the Services PMI was 0.2 points lower. The data from Germany was a relief for Euro investors and the price rose 0.12% higher. However, traders should note that the price of the EURUSD continues to remain 0.20% lower than yesterday’s close. The price of the EURUSD will now depend on the PMI data from the US. The value of the US Dollar will depend on its PMI release this afternoon and the Consumer Sentiment Index. Analysts expect both the US Services and Manufacturing PMI data to remain above the 50.00 level in the expansion zone. German Elections 2 Days Away Germany is set to hold a general election this Sunday, February 23rd, following the collapse of the coalition of social democrats, liberals, and greens. Given the country's highly proportional electoral system, German polls provide a strong indication of potential government formations post-election. The main concern for Germany is the AFD party who are Far-Right Nationalists. Currently, ahead in the polls are CDU (centre-right), and AFD (far right), followed by the SPD (centre-left). Traders should note that the results of the elections are likely to trigger strong volatility on Monday, but also influence volatility today. Economists may become further concerned if the far-right gains power for the first time due to uncertainty. If the government, similar to France, is unable to form a coalition, this would also be a concern for the Eurozone. Furthermore, the Euro this week is also under pressure from comments from members of the European Central Bank. ECB Governing Council member Fabio Panetta said to journalists that officials need not slow interest rate cuts, as January's 2.5% inflation is still expected to reach the 2.0% target this year. He also advised the European economy is weaker than previously expected. EURUSD - Technical Analysis and Indicators The EURUSD is trading above the 75-bar Exponential Moving Average and 100-bar Simple Moving Average on the 2-hour chart. However, the price is moving away from the key resistance level at 1.05058 indicating the price is losing momentum. The short-term volatility is indicating the price is retracing downwards. On the 5-minute timeframe, the price is trading below the 200-bar SMA and is also forming clear lower lows and highs. Simultaneously, the US Dollar Index is trading above the 200-bar SMA on the 5-minute chart confirming no current conflicts. Currently, the US Dollar is the best-performing currency of the day attempting to regain losses from the past 2 weeks. Watch today’s Live Analysis Session for more signals as they develop!   Key Takeaway Points: Weak French Services PMI triggered an initial Euro decline, but German PMI provide a slight relief. However, EURUSD remains lower than yesterday’s close. The Euro’s direction now depends on the US PMI reports, with analysts expecting US data to stay in expansion territory. Sunday's German election could drive volatility, especially if the far-right AFD gains power or if coalition formation proves difficult. ECB official Fabio Panetta suggested no need to slow rate cuts, citing weaker-than-expected economic performance and expected inflation decline. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • BE Bloom Energy stock, watch for a range breakout, target 34 area at https://stockconsultant.com/?BE
    • APLD Applied Digital stock. nice rally, watch for a top of range breakout at https://stockconsultant.com/?APLD
    • UAL United Airlines stock, watch for a narrow range breakout, target 122 area at https://stockconsultant.com/?UAL
    • WBD Warner Bros Discovery stock, watch for a range breakout at https://stockconsultant.com/?WBD
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.