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magister

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  1. Like
    magister got a reaction from ianf0ster in Market Makers Thread Aftermath   
    Seem the method is based on fading, and the market is rangebound a higher proportion of the time than it when it trends in a momo/breakout/flow.
     
    The real expertise comes in deducing which of these 2 states the market is in at the time and taking the appropriate action. This is something
    which comes from experience and the psychological aspect of being able to cut your losses and not average in, or giving the trade the time
    to work. This is not something I feel you can pay for to acquire.
     
    Still if a newbie spent 5k and found a system that works for them, then I guess they did better than me ultimately. I also spent about 5k as
    a newbie and didn't find what I paid for to really be that helpful ultimately. Only time in the market and gaining knowledge of free systems
    which I tried and modified into my own ultimately lead to success.
  2. Like
    magister got a reaction from alansim in Market Makers Thread Aftermath   
    Seem the method is based on fading, and the market is rangebound a higher proportion of the time than it when it trends in a momo/breakout/flow.
     
    The real expertise comes in deducing which of these 2 states the market is in at the time and taking the appropriate action. This is something
    which comes from experience and the psychological aspect of being able to cut your losses and not average in, or giving the trade the time
    to work. This is not something I feel you can pay for to acquire.
     
    Still if a newbie spent 5k and found a system that works for them, then I guess they did better than me ultimately. I also spent about 5k as
    a newbie and didn't find what I paid for to really be that helpful ultimately. Only time in the market and gaining knowledge of free systems
    which I tried and modified into my own ultimately lead to success.
  3. Like
    magister got a reaction from jeannette1713006619 in Market Makers Thread Aftermath   
    Seem the method is based on fading, and the market is rangebound a higher proportion of the time than it when it trends in a momo/breakout/flow.
     
    The real expertise comes in deducing which of these 2 states the market is in at the time and taking the appropriate action. This is something
    which comes from experience and the psychological aspect of being able to cut your losses and not average in, or giving the trade the time
    to work. This is not something I feel you can pay for to acquire.
     
    Still if a newbie spent 5k and found a system that works for them, then I guess they did better than me ultimately. I also spent about 5k as
    a newbie and didn't find what I paid for to really be that helpful ultimately. Only time in the market and gaining knowledge of free systems
    which I tried and modified into my own ultimately lead to success.
  4. Like
    magister got a reaction from ianf0ster in Market Makers Thread Aftermath   
    I added a few more comments to the last image, with some candlestick/price action analysis.
     
    This can guide the trader were to take profit or whether to expect another test of the highs.
     
    http://i.imgur.com/UQcKg.jpg
  5. Like
    magister got a reaction from ⭐ kapitansb in Market Makers Thread Aftermath   
    I added a few more comments to the last image, with some candlestick/price action analysis.
     
    This can guide the trader were to take profit or whether to expect another test of the highs.
     
    http://i.imgur.com/UQcKg.jpg
  6. Like
    magister got a reaction from alten91 in Market Makers Thread Aftermath   
    I added a few more comments to the last image, with some candlestick/price action analysis.
     
    This can guide the trader were to take profit or whether to expect another test of the highs.
     
    http://i.imgur.com/UQcKg.jpg
  7. Like
    magister got a reaction from ataata in Market Makers Thread Aftermath   
    I added a few more comments to the last image, with some candlestick/price action analysis.
     
    This can guide the trader were to take profit or whether to expect another test of the highs.
     
    http://i.imgur.com/UQcKg.jpg
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