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A Little Bit of History Early in 1997 a trader calling himself Mikey appeared on the old Commodity Talk discussion forum. He stood out immediately, partly because of a sharp tongue that spared nobody and an outrageous sense of humor...you either hated him or loved him, he just wasn't a middle ground kinda guy. But love him or hate him, you had to admit he also had an uncanny knack of calling the markets in advance almost to the penny, a streak that persisted through 2000. This certainly made folks sit up and take notice at the time, and also helped imbue a broad group of traders with a healthy respect for support and resistance as a technical analysis tool. Mikey's Methods and Reversal Thingy became well known around the futures trading world as a logical, simplified set of rules by which to learn to trade support and resistance. Controversial as he was and although his career as a futures trading guru was short lived after losing an altercation with the CFTC and leaving the commodity futures business for good, probably the greatest talent Mikey had was his ability as a writer...to take a known concept and explain it in ordinary, everyday terms that anyone could relate to and understand. His humorously quirky writing style took a dry subject and and often turned it into side splitting commentary in the nightly emails that kept subscribers thoroughly entertained and coming back for more. Fast forward to the end of 2004, Erich Senft, CTA and his partner Tom Loge', CTA, took over the reins. Both Erich and Tom were well known and respected support and resistance strategists in their own right, both familiar with the original Methods. Tom and Erich have since parted ways, and Erich is now the main trader at SupportandResistance.com.
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U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. |
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for a simple, sensible low stress method
for making consistent profits in the stock market.
"...I have taken
commodity trading courses from Ken Roberts, Larry Williams, Lee Gettes, Tom
Demark and Don Fishback. I have also spent probably over a thousand dollars on books by various other "market gurus".
Just recently I bought Mikey's Methods. Although using all the other knowledge I paid for I WAS actually able to make money in this tough business, in the short time since I received Mikey's Methods I have made more money...than I ever did using anyone else ' s methods.."