Poor old Matt got a lot of crap this week for some mistakes in
the systems. But I'd like to make this point. I've been trading for
20+ years and have only found success when I rely on indicators and
work that I do myself. My own system, if you will, which is
entirely discretionary and has taken years to understand and know.
I am not saying anything negative against auto systems but IMO, a
trader, even if he is using an auto trade system, especially
someone else's, has to be doing his own work to have confidence in
his trades and know what he is doing. He has to do the work!
Well said, Brophy! I'd like to add my 2 cents' worth:
1. To err is human, and Matt certainly doesn't make very many
mistakes considering his massive output for the
benefit of his subscribers.
2. If you had followed Matt's systems over time, you would
have made pots of money, so stop whining on the
odd Occasion when it doesn't work out.
3. If one little glitch caused you such a
big loss that it seriously damaged your trading
account, you are evidently not practicing proper money
management; so stop whingeing, as you have only yourself to
blame.
I for one do not know of anyone else who puts in even half
as much effort for their subscribers as Matt and Steve do, and at
an extremely reasonable price at that. Go guys, you deliver a
superb service. Thanks!
Posted by landgreen on 22nd of Oct 2014 at 10:34 am
Exactly!!!
Every trader has to take responsibility for his/her own trades.
If one puts 100% faith in a system by someone else, then you have
to accept the mistakes with the victories without complaint.
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Thought
Posted by brophy on 22nd of Oct 2014 at 10:24 am
Since it's slow thought I'd share this.
Poor old Matt got a lot of crap this week for some mistakes in the systems. But I'd like to make this point. I've been trading for 20+ years and have only found success when I rely on indicators and work that I do myself. My own system, if you will, which is entirely discretionary and has taken years to understand and know. I am not saying anything negative against auto systems but IMO, a trader, even if he is using an auto trade system, especially someone else's, has to be doing his own work to have confidence in his trades and know what he is doing. He has to do the work!
Well said, Brophy! I'd like
Posted by isplat on 22nd of Oct 2014 at 10:42 am
Well said, Brophy! I'd like to add my 2 cents' worth:
1. To err is human, and Matt certainly doesn't make very many mistakes considering his massive output for the benefit of his subscribers.
2. If you had followed Matt's systems over time, you would have made pots of money, so stop whining on the odd Occasion when it doesn't work out.
3. If one little glitch caused you such a big loss that it seriously damaged your trading account, you are evidently not practicing proper money management; so stop whingeing, as you have only yourself to blame.
I for one do not know of anyone else who puts in even half as much effort for their subscribers as Matt and Steve do, and at an extremely reasonable price at that. Go guys, you deliver a superb service. Thanks!
re Thoughts
Posted by landgreen on 22nd of Oct 2014 at 10:34 am
Exactly!!!
Every trader has to take responsibility for his/her own trades. If one puts 100% faith in a system by someone else, then you have to accept the mistakes with the victories without complaint.