Do you want ME to help YOU with your trading?
Join one of my Volume Profile Educational courses and get my private trading levels, 15 hours of video content, my custom made Volume Profile indicators, and more!
Risk Disclosure
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical Performance Disclosure
Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
Testimonials
Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.
Live Trades
This presentation is for educational purposes only and the opinions expressed are those of the presenter only. All trades presented are NOT TRADED IN A LIVE ACCOUNT and should be considered hypothetical.
Very inspirational video,Thank you Sir
I downloaded the Mt4 Trade Manager…. but it freezes my Mt4 🙁
Hello DAN,
Please email on contact@trader-dale.com. My Support Team will take care of this!!!
Thanks
At first look the main elements pointed are logical and common sense but in the reality of daily trenches that every trader faces is the adaptability of both risk mgmt and strategy that will make or brake. Let’s face it, trading is not about survival, just read any disclaimer related to trading….”Only trade with funds that you can afford to loose”, “Past performance is not guarantee of future results”. Both statements addresses any risk mgmt and strategy implementation. Remembering the trader that a worst case scenario is always present whatever his security measures or high performant setup.
We are in the financial instruments trading field to make money, huge amounts of it, not a wage complement, exactly because the risk stakes are abnormally higher than any other business ventures, so our goals are proportional to the risk and stress embedded.
No risk mgmt will save as from the risk of ruin as retail traders, all the academic and institutional studies published since 1986 are unanimous about it. The only known and verified exceptions relied on the right strategy at the right time applied with full commitment of funds. From Richard Dennis to George Soros, the pattern is always the same and let’s not talk about luck assincronous distribution…Leave this to Taleb’s work on the subject of convexity applied to financial markets.
This to say that the strategy at the right time is by far the most important factor to the retail trader to make or brake. Unfortunately very rarely it will be possible to the trader to have the two for a repeatable period of time. Is exactly the opposite for Renascence Technologies for example, since its inception Jim Simons, accordingly to his own words, concentrate in the developments of high performant strategies using higher maths and physics to the point that his unmatched success turn the funds closed to any investors….So, they do not sell any service to the financial industry, they just trade their own capital. That’s what we can call an edge…
In conclusion, the video is a good, honest and fair proposition to anyone that experienced a serious drawdown but have no illusion, if you embraced this activity to make serious money you will face several drawdowns and if the Gods permits for a certain period and if you have a really good strategy, you will see several digits in your account. Then most certainly you will take a long vacation just as Michael Burry did after the glorious big short week of 2008 and dedicated yourself to philanthropy….But if you are here to complement your salary or have another income stream, please try the sell side of this industry instead, from educational services to affiliated programs you will find a low risk, high predictable source of income and prevent white hairs…