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Front Page > Forum Central (F1) > David's Corner > Lesson of the Day

 
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Old 11-03-2008, 12:07 PM   #1 (permalink)
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Default Lesson of the Day: How to Trade Trends in Any Market

The next lesson in my video series where I share what I am learning from the video seminars I am watching at INOTV.

--Dave
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Disclaimer: Trading is risky and can result in substantial financial loss. As always my posts are simply one traders opinion and should not be taken as trading advice. I am not a financial adviser so everyone please do their own analysis and take responsibility for their own trades.
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Old 11-03-2008, 12:21 PM   #2 (permalink)
 
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David,

I still can not figure out why you love this TVINO stuff, I watched the seminar I'm a turtle and liked it, but as per the conducter he admit it that no one will apply this strategy in real live.

Other seminars I found them very boring and old dated, you know what, I've access to their site, just tell me which seminar you like and I'll watch.

I'm sure 1000% that any of your videos out here on informedtrades.com is better than all their videos.

Sorry for the attack but I don't want any one to spend money for something no worthy, if you recommend these videos a lot of audiance will subscripe.

Thanks N Regards,
Millionaire
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Old 11-03-2008, 02:19 PM   #3 (permalink)
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Hi themillionaire08,

Glad to hear from you and don't worry about me seeing posts like this as an attack. I encourage the community to share their views on whatever I or anyone else posts and that doesn't just apply when you are in agreement with me;-)

To recap what I replied to you in my response here, I like this product because for $100 a get access to 500 recorded seminars which comes out to 20 cents a seminar. On top of this many of the presenters are people that I know are very respected in the trading community, and while I am flattered that you like my videos (I think they are good too;-), I think of many of the presenters as being on a slightly higher level than myself in terms of trading experience and ability, so I want to hear what they have to say.

With this being said I am in agreement with you that the quality of many of the recordings could be better and a lot of the presentations are old, however in my opinion most of the material presented is still very relevant, and I am willing to let the recording quality slide because of the quality of the presenters and quantity of seminars included.

To answer your questions about which videos to watch, for those people that are newer to the markets I would recommend starting with the beginner seminars, which I am reviewing currently and each time I review a video I will post my thoughts at the link below:

InformedTrades.com Product Review: Ino TV

For more experienced traders, I would recommend starting with the videos by the presenters who are the most famous and well thought of in most trading circles which would include Charles Le Beau, Larry Williams, Linda Raschke. Jack Schwager. Larry Connors and John Murphy.

As for the video above, unless I am mistaken, he did not say that no one would use this type of strategy on a live account, but rather that the large majority of people are not able to follow it because of the psychological difficulties of suffering through the large drawdowns that trend traders experience. What I got out of it was that one of the main points of the seminar was this, that this type of strategy can be very profitable, but you have to have the psychological strength to stick with it which most people are not able to.

Best Regards,
Dave
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My Free Courses: Forex Course - Stock Course - Futures Course - Basics of Trading - Subprime Crisis - Prorealtime Charts

Disclaimer: Trading is risky and can result in substantial financial loss. As always my posts are simply one traders opinion and should not be taken as trading advice. I am not a financial adviser so everyone please do their own analysis and take responsibility for their own trades.
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