Trading What I see !?

[Euler]

I think it actually would show you the state of mind of people on social media. Popular content needs to be somewhat clickbaity, it seems most people just want simple answers to complex problems. There are plenty of people willing to produce that to profit from people's naivety.

Thanks to the 'AI' that social media deploys, it becomes an echo chamber of terrible ideas and people ready to fulfil them. It's not something I can do, just from an ethical perspective. I have to make content appealing, but there is a line I just can't cross.

If you look at how some people use social media, they are really playing that angle hard. Really stoking emotional responses to get clicks. It's a very common tactic nowadays and why I just stick to using it for my our purpose. As soon as you get sucked into the rabbit hole, it's hard to escape if you engage on like for like terms.

It's quite revealing though as over time that sort of behaviour revealed to me where I should be in the market. You learn that a statistical approach is OK, but use a bit of psychology to look deep into the market to understand where opportunities are most likely to be. Things like the gamblers fallacy sit astride this concept well.

[Euler]

The (now free) pre-off course on sportstradingexposed by Tomas is similar to the mentioned paid ones but I just looked and it seems to have been taken down.

I liked a lot of what Thomas did. You could tell he actually did it from the way he presented the videos and his contant. So it's a shame it's been pulled.

I did a quick search this morning and everything has gone. His site, YouTube channel, social media accounts etc.

[Kai]

Jack Birkhead

https://www.youtube.com/watch?v=kGZ24x72d9g

Did you know that Caan's first venture was teaming up with Jack?

Proof that you learn something new every day!

Come to think of it from the few videos I've seen of Jack's they seem to have a similiar trading style

Never bothered to look at their long-winded collab sessions but have them stored somewhere. In fairness CB did have some good scalping videos and covered that area well but don't recall a single proper swing trade video.

I thought that video Peter did earlier this year was a bit strange, sounded like a deliberate diss of CB and his trading style, kept saying how easy it was to do and how no skill whatsoever was involved etc : https://www.youtube.com/watch?v=i0tzkuq ... l=BetAngel

But from the racing courses out there I actually rated Tomas so have to agree with that one, looks a good order flow trader. Trading material usually doesn't last long online, for one reason or another.

[Emmson]

Who is this guy taking shots at and is he justified?

https://www.youtube.com/watch?v=s-f8MVpbt5M&t=3590s

[Kai]

Who is this guy taking shots at and is he justified?

https://www.youtube.com/watch?v=s-f8MVpbt5M&t=3590s

Wasn't there a thread about it earlier this year : viewtopic.php?f=2&t=23042

[Emmson]

I missed that Kai but will persuse that thread and then dip into the vid.

[Euler]

I thought that video Peter did earlier this year was a bit strange, sounded like a deliberate diss of CB and his trading style, kept saying how easy it was to do and how no skill whatsoever was involved etc : https://www.youtube.com/watch?v=i0tzkuq ... l=BetAngel

Not sure how you thought that? It was an explanation of a trading style, that's all.

[Kai]

I thought that video Peter did earlier this year was a bit strange, sounded like a deliberate diss of CB and his trading style, kept saying how easy it was to do and how no skill whatsoever was involved etc : https://www.youtube.com/watch?v=i0tzkuq ... l=BetAngel

Not sure how you thought that? It was an explanation of a trading style, that's all.

Probably because that was his bread and butter approach apparently Placing exits first on either side and waiting for the price to reach them, no speculation whatsoever on price direction.

[Euler]

That's interesting, I never knew that. That used to be the core strategy I demonstrated at my courses way back when they started, but I expanded onwards and upwards from there. I've thought that strategy was common knowledge for years now.

[adryan87]

I think this sums up the quality of advice on offer...

Question: How much money do I need as a bank?

Answer: As the money is never at risk, the bank size is up to you.

So,this is not true? If my bank is 100u and i trade with 10% or 5% or 2%,prerace,and i set a stop-loss let's at 10 or 20% ,how could be my bank at a risk??? But of course,some guys from here are think they are smartest on the Earth.. And ok,here are free stuff,but are general..

[Trader Pat]

I think this sums up the quality of advice on offer...

Question: How much money do I need as a bank?

Answer: As the money is never at risk, the bank size is up to you.

So,this is not true? If my bank is 100u and i trade with 10% or 5% or 2%,prerace,and i set a stop-loss let's at 10 or 20% ,how could be my bank at a risk??? But of course,some guys from here are think they are smartest on the Earth.. And ok,here are free stuff,but are general..

My comment is more focused on the "As the money is never at risk" part of the answer. There's no such thing as a risk free trade so there's always some money at risk.

That answer makes it sound like trading is risk free, which I suppose is why so many people get sucked into buying this kind of rubbish.

[ShaunWhite]

My comment is more focused on the "As the money is never at risk" part of the answer.

It's just poor commication skills, Re banks I think he's just trying to say that money isn't at risk.......and fails to say "....although a smaller amount is". ie just calling it "the" money rather than distinguishing between your bank and your risk. Not defending the guy but you can go through anyones vids with a fine toothed comb and find something or other that's a bit ify especially with none of them being trained educators.

[Trader Pat]

My comment is more focused on the "As the money is never at risk" part of the answer.

It's just poor commication skills, Re banks I think he's just trying to say that money isn't at risk.......and fails to say "....although a smaller amount is". ie just calling it "the" money rather than distinguishing between your bank and your risk. Not defending the guy but you can go through anyones vids with a fine toothed comb and find something or other that's a bit ify especially with none of them being trained educators.

If you took that comment in isolation then you could be right but looking through his entire website makes me believe its just the usual BS.

[ShaunWhite]

If you took that comment in isolation then you could be right but looking through his entire website makes me believe its just the usual BS.

Fair enough. Life's too short and I don't care enough to check if you're right.

[Trader Pat]

If you took that comment in isolation then you could be right but looking through his entire website makes me believe its just the usual BS.

Fair enough. Life's too short and I don't care enough to check if you're right.

A good motto to live life by