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Shadowtraders system. Scam or real? (www.shadowtraders.com)
They do not have a fixed amount for stoploss. They get out of the trade when the setup is "broken".
They have a rule that says if they are short and the low of the candle is 2 ticks above resistance they consider resistance as broken (vice versa for support). They want traders to have the discipline to get out.
So this is really discretionaire.
And yes, the areas with bigger volume are plotted on the chart. They count every single trade.
You can also use cumulative delta to watch that, but her trendlines look a bit different to what cumulative delta shows to you. Go to their webinar on tuesday evening and they might show you a chart with their fractals.
Barbara says that she likes to make some extramoney, and why not?
Why do great musicians like Segiu Celibidache and others give mastercourses to young conductors?
Aren`t they not well enough paid or their own concerts? Don`t they have enough concerts?
Same thing for famous sports people.
And: I do not care if she trades or not.
I trade. That is important for me. And I use what she teaches.
She does only simtrading for some hours when she does her 4 day seminar.
It runs under "education", and I am not sure if she is allowed to show sim trades, but she does not care.
As she had so many winning trades in a row I guess that she wanted to show what works for her. She did not want to show "bad trades" just for education as Melanie does sometimes.
Her trading partner Melanie shows sim trades and she shows good and bad trades, for education. She always tells people. "Do not follow me, I might show you trades that do not work as I want to show you the most common mistakes." That is her education style. Traders should not follow another trader, they should learn the method and trade alone with the rules shadowtraders gives you.
it's very fuzzy area subject to interpretation. The way to side step this gray area all together is just label what you do as 'education' only. CFTC, [AUTOLINK]NFA[/AUTOLINK] Performance Results Blues | Turnkey Trading Partners
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just receive this, Cater is CTA I think
Hubert, Rob, and I (Cater) will trade our live accounts sharing with you
our favorite trading strategies in the stock, options, futures &
forex markets that will take your trading to next level in 2012.
During this free (and ultra-timely) live class you will learn:
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or you can give your webinare from Canada
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Really? I also passed Series 3, but don't recall anything saying that a SIM account can't be traded in public? That is why I asked as it would be news to me which I am not saying is real or not, but just curious. Personally I don't believe there is any such limitation of being a registered CTA and sounds like a pile of S*#T that Vendors tell people..... (please don't take offense to you, but aimed at bullshit vendors..)
I can't count how many mortgage brokers have told me that they lose money on every loan they have done for me. haha... I love that line too...
I agree with TT, but this is a debate for so long. "Extra Money"?
How much extra money do you need to make if you are truly a successful trader? I could see opening up your own brokerage and growing an empire, but not sure teaching is the easiest or highest $ per hour return. Of course it is the way to 'give back' but that could also be done for free, but it is an eternal debate and I think for me personally it is impossible for me to understand why they do it unless they are not doing well enough.
I have heard that it could sharpen your trading as well, which I think is a possibly legit reason, but I don't see how teaching 1,000 people makes sense if that is the purpose?
dont believe anything you hear and only half of what you see 
I like your post!!!!!!
I love that line too...