I have traded years ago, using technical analysis, and was stunned, back then, that the system which seemed to make so much sense on paper, actually lost me money when I actually traded!
I put it behind me, vowing never to even consider trading the markets.
Five months ago, something lured me back, and I spent thousands of dollars on courses, trying to give myself an edge.
They didnt work.
Fortunately, my background and experience from having traded before gave me an instinct about these various courses: they reminded me too much of my losing experiences in the past, and I never left the paper trading stage.
The paper trading bore out my suspicions: I kept losing paper money.
However, not very long ago, I read the BWILC book, and, still paper trading, started to make money! And, this happened, with just a cursory understanding of the BWILC concepts.
I could be long-winded about why I think this occured; but, suffice it to say, that it addressed and answered all the warning bells that went off in my head about those other courses.
I will dilute what I see as the gold in BWILC into two words: REAL TIME.
Applying the techniques revealed in BWILC, helps us to trade in real time, which beats all the technical analysis systems out there hands down.
