Kanzler I completely get where you're coming from, I'm just gonna play the other side here and fill you in on some info you might not know. I have been around these forums for a while although I don't post much.
First: 99% of the info in this thread is nothing new and the senior members here readily acknowledge it. There is no "secret". Everything is plain jane and in your face and can be found for free all over the web and even in books. There is no "primary system" developed by Beau Diamond that you claimed J16 is promoting. This is simply not true. I was a member of the paid site for 1 month years ago and they do offer some mechanical systems, but that is seen as more of a bonus and something to try on the side. This thread and the private forum teach 100% discretionary price action trading. Support and resistance combined with candlestick patterns at its core. Again, nothing new.
Second: This thread has created some very profitable, professional traders. "Scant evidence" of profitability is again simply not true. One trader comes to mind who was borrowing money from family, losing constantly, and now trades professionally for a prop firm. I think his name was wizard. I'm sure he would acknowledge this thread as the main contribution to his eventual success. Another trader, raczekfx, has posted numerous equity curves and detailed account information backing up his trades. Mike who basically runs this thread now has posted plenty of live trades often as they are entered. Is there a ton of evidence of profitability? No. Is there in any thread? If there is I'd like to see it. I don't think so. Does that make all threads invalid?
Again I'm not trying to come at you here and I understand your concern, but I think in this case it may be uncalled for.
First: 99% of the info in this thread is nothing new and the senior members here readily acknowledge it. There is no "secret". Everything is plain jane and in your face and can be found for free all over the web and even in books. There is no "primary system" developed by Beau Diamond that you claimed J16 is promoting. This is simply not true. I was a member of the paid site for 1 month years ago and they do offer some mechanical systems, but that is seen as more of a bonus and something to try on the side. This thread and the private forum teach 100% discretionary price action trading. Support and resistance combined with candlestick patterns at its core. Again, nothing new.
Second: This thread has created some very profitable, professional traders. "Scant evidence" of profitability is again simply not true. One trader comes to mind who was borrowing money from family, losing constantly, and now trades professionally for a prop firm. I think his name was wizard. I'm sure he would acknowledge this thread as the main contribution to his eventual success. Another trader, raczekfx, has posted numerous equity curves and detailed account information backing up his trades. Mike who basically runs this thread now has posted plenty of live trades often as they are entered. Is there a ton of evidence of profitability? No. Is there in any thread? If there is I'd like to see it. I don't think so. Does that make all threads invalid?
Again I'm not trying to come at you here and I understand your concern, but I think in this case it may be uncalled for.