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Mr. Covel,
I have listened to your to books on audio. I maybe should actually buy a copy maybe I can get the info I am really look for in there.
Let me tell you my trading journey. In 2020 during COVID I started following markets all my friends at work were saying get in now it is low. Buy now. I was skeptical about it so I just looked at it made and account. Did one trade on an oil EFT made a quick $500. Then I witness the fall of crude oil to the negatives. I got into another oil trade made $15,000 from that. I thought this shit is easy. And of the story always repeats after that all the winning gone going negative. Realizing this is not easy, but there has to be away.
I see people make money. I mean there are professionals out there making money. Surely I can make money doing this. So I looked in to learning. I got some more gains from the market on some lucky trades so I put that towards my education. I consider myself a Trend Following trader. I have spent money on education of the markets. I did not just but anyone’s course I followed them looked them up trying to determine for myself they are who they are.
I have learned about all sorts of ways to use fib ratio, elliot wave analysis, support and resistance, supply and demand wyckoff theory. All of these have improved my understanding of markets but not to the point to get me in profit. I am tired of hearing my friends just getting into trades not knowing why they do it like assholes and just make money. I mean what the fuck am I doing wrong. I did back test and realized if I trade like an asshole I make money but I would have to endure I huge draw down of more than 60% of my capital or more who knows what markets will do in the future. I cannot fathom trading without a stop loss. But a lot of people do it. Every time I hear my friends telling they are in a trade I say where is your stop loss they always say ‘What is that?’ Then I proceed to ask ‘How much you down?’ They tell me. I say ‘What is your initial account size?’ I always tell them they are crazy. But they make money. Am I just too scared?
I just want to know are you gaining in these current market conditions. I do not remember anything in your books about how to determine trends I feel like it was just a huge plug for your system to get me to pay for it. Are you real? I look up google trying to get any info on your system and nothing, somehow you are keeping it a secret very well. I am not looking for rich quick I am just wanting to be profitable and take one trade at a time. I have visited your site. I am looking at your Flagship program. All the mentors always say you will make your money back but I have yet to do that. I am not looking for a promise from you … I really want to make this work for me. I am trying but I am failing. I hope you will respond to me. Thank you for your time.
Respectfully,
Gregory C.
Unfortunately, “fib ratio, elliot wave analysis, support and resistance, supply and demand wyckoff theory” are all useless. Jump into one of my books first. Those will set you on the right path.
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