BITSTAMP:LTCUSD   Litecoin
LTCUSD PART 3 You should listen to all three parts in order from 1 to 3. I'm completely aware that some of my discussion seems random and circuitous, and I'm aware that I make mistakes when I misidentify " tops and bottoms". I cannot control that and if I get a chance and can remember to comment, I will tell you some interesting things ABOUT NEUROPHYSIOLOGY as it pertains to the brain. Of course it will not have anything to do with trading, but that's my prerogative. I chose to use an example from a follower WHO IS TAKING my videos seriously, and I know he has what it takes to be very successful at this. However, I will leave his name anonymous, and I will critique his chart so that he can make changes that are fundamental... based on the way that I look at markets. If I were mentoring him, this is how I would do it with one-on-one interaction. One of the reasons I don't mentor is because I can use my time much more profitably doing other things, plus I would probably end up hating you, AND YOU WOULD HATE ME... if we worked one on one. His chart showed that he's taking this seriously, but he hasn't made certain connections, and I am making those connections through these three videos, especially the last video. Everything you put on your chart is a reflection OF HOW YOU THINK, even if you don't do it intentionally, and especially when you do it intentionally. Your chart will affect the way you perceive the market and trade the market, it is that simple. I am showing you things with a high level of certainty that you will not find elsewhere, although none of us lives in a vacuum and we are all are influenced in many ways, and most of our thinking is not totally unique. However, when we trade WE WANT TO MAKE VERY CERTAIN, to be as scrupulous with the content of our charts as much as we can. Because I've been doing this a long time, it's very easy for me, it's really not complicated at all. In fact most of it I can see without drawing the lines, and that's actually very important. I have no doubts for people who are tenaciously working at this, that they will do this and instead of of taking 5 to 10 years to get to this level, they can do this in a much shorter period of time as long as they are taking a chance, realizing that they don't know WHAT THEY NEED TO KNOW, and that there will ready to put the "pedal to the metal" for a couple of months. If I were actually mentoring on- on-one, what I would do is be an online with my student, I would actually asked that student at a strategic moment... about why he or she is using certain indicators, OR DRAWING PATTERNS ON THE CHART... when they actually look nonproductive, or even worse, counterproductive. And, we can agree to disagree, but in my own way of thinking I see this problem when viewing charts of other people. If I could make my living based on the odds of whether Chartists are actually traders or not, I believe I would make a fortune. I really do believe there are traders who are lousy Chartists, but they make a boatload of money. On the other hand I'm sure there are Chartists... because of the way they chart, absolutely do not trade. it is well-known that most people who teach trading, make their money teaching, not trading. It is much easier to teach than it is to trade. Of course if your values, and your temperament are a certain way, in that case it might be harder to teach than to trade. I am telling you how I look at the market as honestly and openly, and with as much detail as I can muster. The results of your life are up to you, it is your responsibility.
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