C4onthego17 Apr 2019 17:31
I have been fascinated in the extreme with trading using technical analysis since 1999. I have spent thousands of hours on it.
I`ve back tested it, dummy traded it, and then went on to use it regularly with my own hard earned, with a % of success and a % of failure, but the majority of trades that failed I got out with a small stop loss.
About 10 years ago I went to a 3 day seminar at the Online Trading Academy in St Albans, I didn`t sign up to the full £4500 course but I did buy a library of 16 x 45 minute training discs for £250 covering every aspect of trading markets, including the macro fundamentals like Vix Index, Chicago Board Options Exchange etc. They helped me massively to understand how things work.
About 7 years ago I bought, and read, a book called `Come Into My Trading Room` by Dr Alexander Elder, a legend of the trading world, and often interviewed on the main business channels in the USA.
In the book he explains in finite forensic detail every single aspect of trading in layman's terms as well as in professional terms...the most fascinating book I have ever read and he will be my guru for as long as I trade.
I have also bought some of his discs on certain aspects that I thought I needed to understand better.
I wrote every trade down so kept a diary of my reasons for my entry price, my target, my stop loss and my results so that I could go back and analyse where I went right or wrong.
Up until earlier this year I was running a Sharescope trading program where you can largely draw lines, indicators,arrows, text boxes etc etc so didn`t need to write down everything anymore because it was all there to see in `picture form`.
I now use Trading View for my charts, LSE for my trading terminal and a Barclays S&S ISA as well as recently a SIPP pension account for my trades/investments.
I can assure you that the Online Trading Academy are not `some two bit trading course`, in fact I would go as far as to say they are `one` of the best there is.
And Dr Alexander Elder is definitely no fake either, you can Google either to see how highly regarded they both are.
So now that you have a better outline of my background you might want to re-judge me as not being a weekend google hopper trying to sound more knowledgeable than I actually am.