Dear Smart_Trade,
I am sorry to ask you this question on this thread, but I know for sure that this thread is alive and I have a good chance of getting a reply.
I was going through the "Sticky" threads, the thread started by Pride about Profit everyday. The thread made a lot of sense, my confidence gained when I also read your comment on why the strategy will work etc.
As I came to the end of the thread, there were many arguments and later I found that even Pride has stopped using the strategy and the thread is closed too.
Take the case of the thread started by Saint, its closed, no posts since 2008, I wonder whether I should even start reading it if I am anyway going to find out in the end that NO ONE is trading with this strategy.
I am not comfortable with the fact that markets change and strategies stop from working and I highly appreciate you for the fact that you dont prefer changing the indicator settings. I prefer to work on a strategy and stick to it, if market has changed I will be stopped out which is ok.
My questions are as follows:-
1. What all topics have you found useful and have passed the test of time?
2. Why have saint and pride completely disappeared?
3. Should we really have those threads in "sticky" section which even the authors have stopped trading?
4. It happens so many times that the thread starts with something and ends will something entirely different as if you have mistakenly skipped to some other thread.
5. There are so many posts on traderji and I am really confused which ones to read and follow, only to find out later that the thread is dead and no one follows it, like a city where no one lives anymore.
I request you to help me out.
Regards
Dear ptk,
There are many threads in this forum which contain very valuable information which is still very much valid. But the thread starter may have stopped posting in that thread. But that does not mean that the strategy no longer works or the thread starter does not trade that strategy any more.
Regarding Pride's thread I remember posting a post initially when he started the thread to encourage him.I was not following that thread not because the strategy does not work but I was following some other strategy which I like more. About the Pride's strategy, Pride himself or someone else who traded that method for a long time will be able to give more inputs. That thread was made sticky because many were following that thread and when you have many members following a thread, that thread generally has some valuable trading information. But as you pointed out, removing any thread from being "sticky" can be considered if the thread is left halfway and now not many are following it.
About Saint , he has not disappeared, he has some excellent threads like "Teach a Man to fish.........and he is not posting on this forum regularly because he along with few trader friends has started a new forum and he is very active there. All the methods which he trades have basics which were shared in his threads here....though now these methods have undergone changes/ have become more advanced with many advanced trading concepts incorporated. We all are continuously evolving as traders and in our methods also , a method I was trading 5 years ago has undergone lots of changes as we incorporate new concepts. All good traders always have a collection of few methods which have undergone changes over time.....some they may not be trading at the moment because they are trading a better method which they like more.....but the methods still work, they can take any method and trade profitably on that method anytime as they know the nuances of that method as they have traded it themselves.....
Trading requires lots of knowledge about trends,fractals,timeframes, oscillators and their behaviour,price action, risk control,position sizing and many many more things. It is not that you have a chart, see the arrows and take your trades......if that was so simple, why are good traders paid very handsomely by the hedge funds/institutions ? They can always have good softwares/codes/AFLs but still good traders are in very high demand all over the world.
So trader acquires all this knowledge , experiments, improve,incorporate newer concepts and this process is ongoing.....I keep looking at newer trading ideas which I can incorporate in my methods but the basic template of the methods remain same. It takes time and that is why we say that it takes minimum 3 years for a trader to mature into a good trader. It is unlikely that you will get all the trading knowledge in just 2-3 threads......it is a lot of work .
I see that you have already started on the right path and I can assure you that though it is a long and at times frustrating journey....at the end of it all it will be highly satisfying and rewarding experience.
Good luck in your journey.
Smart_trade
