Attention new & aspiring futures traders
Some think that having a large account (e.g., $50k or $100k or more) is necessary to be successful - WRONG
If you cannot at least break even for a year or two with a small account ($5k or $10k) then you don't stand a chance with more
Some think that having many computer screens is the key to profits. WRONG AGAIN!!!!
If you cannot break even over two years with just one screen, then you will not succeed with a room full of screens
Above all others, this is the trading book that has most molded me as a career commodity futures (real futures, real money, mine)
Published first in 1934 as courses Richard W Schabacker https://t.co/EbydzNtkEW
Over the last 18 months, I bought almost every trading course and tested a boatload of communities.
Most of them are a rip off... However, these 5 are absolutely amazing - ranked in no particular order but emphasizing what I love about them:
@PradeepBonde - Paid Membership Site - This is the foundation for trading and learning how to trade, and I think this is the best place to get started.
@RealSimpleAriel - Market Pulse Discord - Love how Ariel puts together the pieces of the puzzle and analyzes markets, groups, and builds his action plan top down, in real-time.
@Braczyy & @TSDR_Trading - Uncharted Territory Discord - These guys read price charts and combine multi-timeframe analysis better than everything I've ever seen, and incorporate some advanced techniques like options, while focused on the smaller timeframes.
@peoplewish - Day Trader Rehab Discord - High momentum swing trading, reminds me a lot of Qullamaggies' style, and has a very systematic approach to trading while also doing other setups.
@OliverKell_ & @traderlion - Swing Trading Masterclass - Cycle of Price Action + timeless proven swing/position trading system, if it helped Oliver set the USIC record, it's probably worth learning about.
Novice traders!
Trading is not about secret technicals and squiggly lines. It is supply and demand that is based on economics and math.
Want to learn? Follow and see my pinned post for edu.
Please repost friends.
@stockmom