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It's so weird to see a ladder with no full-market depth and actually not even that much information.
There's no matched volume, no market overview, or any big graphs for that matter ...
I don't see myself being successful at trading that way ... but hey maybe it's just me ...
And his trading style is quite different from the many videos I have seen. Taking one really big/strong position and then closing piece by piece.
Sounds quite good actually but since I'm a scalper I can't see myself doing the same.
By the way, either I missed something or we can't edit our own posts here?!
That's the problem I have with this "strategy". I'm a scalper and I usually trade on 10+ odd's horses so I can't really look at something long-term which makes it hard to take a big position ...
Last edited by Mr Moderator; 27 January 2011, 07:49 PM.
Reason: Skit IS a scalper, although he is in denial when posting :)
You have to remember that Mike had a lot of experience when he did those videos (maybe 4/5 years?) so he knew exactly when to get involved. These videos can be great but the trouble is although you see what the trader does you dont see WHY they dont it and you dont really see their 'strategy' at all
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