Comment on Mr Consistent returning incredible returns

Madan commented on 21 Jan 2014, 03:36 PM

Machonitti,

1. Not necessary. I have never studied candlestick patterns but i have studied lot of indicators. But, later decided, that i just falling prey to ‘paralysis of analysis’ when i study more of indicators. Slowly took indicators off my screen and currently, i have none.

2. I don’t advocate options buying at all. If you really interested in just ‘buying’ options, you could try deep ITM of atleast delta = 70 (but their premium would be high which invalidates your need to pledge less money). Its pretty equivalent to buying futures.

3. Nope..i did not take his mentorship program but i used to connect with him a lot when i was trading US markets. I don’t speak with him much often nowadays(as i trade only India mks and have also moved out of US) except for being in touch via Facebook 🙂

Hope it helps.

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