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kapitansb

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Posts posted by kapitansb

  1. I found it somewhere :

     

     

    "It is important to understand that the market-makers do not control the market. They are responding to market conditions and taking advantage of opportunities presented to them. Where there is a window of opportunity provided by market conditions - panic selling or thin trading - they may see the potential to increase profits through price manipulation, but they can only do so if the market allows them to. You must not therefore assume that market-makers control the markets. No individual trader or organisation can control any but the most thinly traded of markets for any substantial period of time."

     

    Your boss states that they manipulate even first hours of London session .ROTFL

     

    Last Saturday I had a chance to ask full time trader with over 30 years experience .He just laughed .I felt like an ***** asking about that .

     

    Its very funny that people decide to pay 5000 $ to the person without trading record .

  2. There is still a one year whole thread at ForexFactory, since Jan 18, 2011. I was just wondering if they will also delete that thread if we continue to post links to download MMM stuff here, and attract people to come here to request these links.

     

    On fx factory a lot of people simply recognized very quickly true value of this "strategy" .

     

    Topic is dead .

     

    Stop making PR ,its rubbish .

  3. From some time I'm fascinated in his style of trading .

    He has 21 rules of trading ,and it is a lot of his free stuff on fxstreet as well as on Training Traders website .

    Using his methodology you can be in trade ahead of MMM traders or prop traders .

    Because I still didn't make a decision to turn into full time trader and I have profitable job so there is still no decision to go to his course which I think is now one of the best .As I know it includes 4 months of mentoring and in these are two daily trading rooms -London and NY sessions(about 2 hours each ?) .They show their trades on live account and explain why -no question that they wanna loose money .

    I start this topic in hope that we can identify these 21 rules .

    From what I watched already ,I can say that the most important and probably first five are :

     

    1.Momentum precedes price

     

    2.MH (momentum high ) are meant to be bought ,ML (momentum low ) are meant to be sold .

     

    3.As soon as MH or ML is taken out this point automatically becomes your exit

     

    4.What gets you in the trade gets you out of the trade and gets you in the trade again ,etc,etc.

     

    5.minimize your risk maximize your size

     

    Does anybody know something more ?

     

    I hope there is a lot of people who know more than me .

  4. I see in this topic there are PR guys from Steve "WHY???!!!" Mauro .

     

    I expect to see your mentor in this competition http://www.robbinstrading.com/worldcup/ and making the kind of money Larry Williams did .

     

    For me this method is completely BS ,its trading the false breakout .

     

    Just read some books ,some trading floors used it as the main strategy in the past .

     

    Main money is going through London ,then New York and Asia is at the very end ,so usually is consolidation during this time and always will be.

     

    Prices have to go out of this consolidation ,sometimes they continue ,sometimes it is false breakout .

     

    If you are unable to trade false breakout then you can pay 5 grand to learn .

     

    By the way you will shout WHY??!!! at least one month after the course .

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