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Registered User
Joined: 9/2/2007
Posts: 2
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Hey guys I bought Technitrader a year or so back and now that I finally bought Telecharts, I can't find my floppy disk which has the formulas on it. If someone could please tell me what these formulas are or PM them to me, I'd appreciate it greatly.
Thanks,
Brandon
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Registered User
Joined: 3/21/2006
Posts: 4,308
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Go to there website, get their phone #, call them and they will e-mail the setings to you.
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Registered User
Joined: 4/18/2005
Posts: 4,090
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The settings have recently changed... I'm still using the older settings with my own modifications and they work well for me...
so don't expect the charts to look like they did in the videos... nothing major but some changes. Also there are now more scans than originaly sent out... so they may send you a disk
also they have ocasional workshops.. right now is "Trendlines and their affect on suprot and Resistance" or somethign like that... havent taken it yet. I'ts free for Technitrader students (current)
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Registered User
Joined: 7/28/2007
Posts: 118
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On Technitrader, is it worth the 1,000k for a newbie? Has it really helped your understanding of the market and ultimately helped you take money out of the market? I have been kicking the tires on Technitrader for a month and a half now, and am just not sure....
G
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Registered User
Joined: 3/21/2006
Posts: 4,308
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It is without a doubt, (IMO) the best of the best for learning the tecnical side of trading using candlesticks and indicators.
If you follow their techings then you will make back the money you spend on the tuition very quickly.
I am an example of a successful graduate. I was already a successful tecnical trader before I took their many different classes, but they teach you also how the market works, and also to know when to sit on the sidelines (All Cash) and wait for the next market trend.
You also have to be patient and wait for the set-ups to unfold before you enter a stock.
(IMO)
Apsll.
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Registered User
Joined: 4/18/2005
Posts: 4,090
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I am Example number two. I had a proffitable first year and posted 30% to my trading capital in my first year.
they teach good solid basics. IMO at some point you'll want to suplement that education... or at least I did. BUT it would have taken me years to get where I am now with out them... and probably thousands of dollars in losses.
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Registered User
Joined: 7/28/2007
Posts: 118
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Thanks for the feedback....After I replace my failed AC unit (a must have in AL) and recover in a couple weeks I will jump in to the training. You both appear to be good examples of where I would like to be in a year or so...
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Registered User
Joined: 5/2/2007
Posts: 59
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I like Technitrader, thats how i came to know of Worden's BUT they don't touch options at all.We all know whats on the options side.Their methodology?? fantastic,now if you add on options(whole 9 yd including spreads,leaps....everything optionable)on that, superb.
That brings me to Teach me to trade, they sure teach you not a Techni's price plus their charting software you can't play about with this PCF stuff you got on here(last time i checked) they give you the Buys and the Sells and you do the Risk, management.....Period.
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Registered User
Joined: 5/2/2007
Posts: 59
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Bigblock, did you mean (URL removed by Moderator)? im miami?
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Registered User
Joined: 4/18/2005
Posts: 4,090
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There is another company.. I cant remeber the name but they will teach options for $7K and give tradeable picks. Still beats $30 K and suposedly they try to get you trading to and proffitable enough to pay for their course quickly. I wish I could think of the name.
Technitrader has an options course I think. Its a seperate DVD afair that was a videotaped workshop for advanced students... I could be wrong. i know they have dodged most of my Options questions unless they were yes or no answer. Their whole stance is learn to trade proffitably and options will fall into place for you .. but if you cant trade then options will end your career quick. They teach them as higher risk than stocks becasue to of the leverage and the expirations. It see it as a mater of philosophy the R?R is better ... BUT you generaly have more $ at risk in an options trade. So what ever you can sleep with.
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