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Realchartist.com ... going going gone ??

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It's done a 180 ... Nothing happening there ? Chat room is dead
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18 REPLIES 18
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actually 32 people active at present (live)
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Fredsed
Super Contributor
Did they go broke or become megarich? Now let me count the odds...
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well - one example - 30 k to 300 K plus and counting in less than 6 months...lets see if we extrapolate that...
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in case you are in any doubt about this its very well documented from start to present. All the trial and tribulations for anyone to learn from.
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Electrox
Super Contributor
sound like a case where the student took over the master.. nothing prouder in my eyes.. well done. but did he/she trade your methods or their own?
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he devised his own set ups (based on some of the stuff he learnt) ...but essentially he was encouraged to find his own...very simple support and resistance. The key though was money and risk management. Also understanding concepts like risk and reward. This person had tried numerous numerous times before and he will tell you that the absolute key was understanding money management and the preservation of capital.
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right now he has been "indoctrinated" to such a degree that he believes his next step is wipe out. (which it will be if he goes from trading 3 contracts to trading 15). The next challenge is to create the mindset which will enble him deal with trading slightly larger lot sizes but providing him with the emotional and risk management tools to deal with this.
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a practical tip which i will share is the importance to on a regular (weekly for this person) transfer all profits out of the trading account. Right now this person still only has around 60K in his account - the rest is sitting in a money market account. If he makes a loss he does not "top it up". He has to earn the right to trade his lot size every week. Slowly but surely we will increase the lot size but the basic priciples stay the same. I can further add that every single person who has tried this has reproted a total turnaround in their trading success.
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Electrox
Super Contributor
i understand. and can relate. firing a handgun and a machine gun is 2 different things.. so has this trader lost that 300k back to 60k again and what indoctrinations are you speaking of?
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Rams
Super Contributor
why did you disturb him...he was having a good old chat to himself!
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no he has the 300K. when i say indoctrination I say it jokingly. Collectively we communicated the danger of using a high calibre weapon untill you are ready.
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sk_1
Super Contributor
hey Hennie , how are u? havent chatted for ages!
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Hi hdk ... been a while, all good this side man. How you keeping ? Hear them kids made some cash trading ? good for them man !
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sk_1
Super Contributor
Ja, Hennie, their portfolios are in tact and in the money, they have proved themselves and I now leave them to their own devices. They have shown enough maturity even in a bear market so all good.
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oh i see the problem now Hennie! - you have been denied access. If you need help you know where to contact me - [email protected]
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To what might that be ? bright spark
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the thing you refer to in the subject heading. The reason for you creating this post. To feign ignorrance now is really funny.
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just trying to help ... you see there at least 2 people on chat this morning ( free chat instead of the one) so by posting this i have contributed some of my time to advertising the site. So please some respect here !! You obtuse ... arrogant kid !!
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