I could ask you if you have taken Andrew's course. Have you?The above discussion shows very well why I´ve decided not to post my trades any more on Forums : You can be right 7 out of 10 times, people will condem you for the 3 days you didn´t get it right, the remaining 7 days matter only for a few traders (if at all).
Everyone should make his own trading-plan and not rely 100 % on others.
I agree completely with ahmer, it´s all about psychology, but there are more emotions involved , not only fear and greed, but envy too......
I don't get the psychology angle. Nothing about this forum has anything to do with psychology. As for 7 out of 10. I get the point. Andrew in fact never claims to be even that good but through risk management such as always risking no more than 1/2% of your account on a trade you ultimately avoid ruin. It is like crossing the street halfway at a time. You never get to the other side. If the envy comment is subtly meant for me it is misdirected. If I am envious it is for those clients who purchased Andrew's course and followed his trades at a time when he was actually giving out profitable trades. I am not envious of Andrew. It's a false paradigm. When I was in the 90 day course period his track record was far, far worse than any of you can imagine. If I told you he had a 50 trade stretch in which he had 46 losing trades I know it would be hard to believe. But it is true. And if I told you that he actually boasted on this forum to have had winning trades when in fact his clientele took those same trades and they resulted in losses you would think this is a lie. But it's not.
Look, there's an infinite supply of trading advice out there. It's all the same.
I harbor no hard feelings against Andrew. But I've been around the block. More than once. I traded for a living, for 37 years. And made money every single year. Trust me when I tell you, you need an edge to make out in this business and fib retracements and Bollinger midbands isn't really edge. And oscillators are bull**** totally.
I maintain, if you make money following these suggestions you don't need them.