Is the Median Line method
The Holy Grail of Trading?
The holy grail of trading - don't we wish! Andrews Median Line method is meant to be learned by DOING. If you are looking for the get-rich-quick, holy grail of trading, you best look elsewhere. I am sure you will have no problem finding the latest and greatest offerings out there full of empty promises. However, if you are interested in learning a time-tested method and are willing to put some chart time into learning it, the Median Line method may be right for you.
The method was developed over 100 years ago by
Roger Babson,
and fine-tuned and taught over 40 years ago by
Dr. Alan Andrews, who developed the Median Line method.
Both used it to make millions. If it still applies to today’s markets, wouldn’t that be a powerful thing to know?!
Get Rich Quick with Little Effort?!
I don’t know about you, but I get tired of reading the get-rich-quick headlines associated with trading and investing… “How I made $34,000,000 in 24 hours”… or … “Become a Master Trader in 30 minutes”. Guess what? It just doesn’t work that way. There are NO secrets. It takes work!
I must admit, however, I have found some good stuff hidden behind a bunch of sales fluff. I guess that is what gets people interested in buying. A quality offering does not need the sales fluff, but apparently to get many interested it has to be convincing. On the other hand, I have found stuff with a lot of sales fluff that isn't worth the paper it is printed on.
Becoming a Pro
Do you suppose professional golfers get to where they are by purchasing a how-to-golf video, watching it a few times, and then hitting the pro tour? Of course not. If often takes a ridiculous amount of practice to be good at anything – let alone be one of the best. Yes, there are those with a natural talent. But, for most of us it takes work.
We are a society seeking instant gratification. We fall for the get-what-you-want-quick schemes all the time.
Traders can fall into the same trap. In search of trading holy grail, they pick an indicator based on hype-filled advertisements and set out with high expectations. The indicator works – great! Now it doesn’t work – time for a new indicator! The indicator may work well in some conditions and not so well in others. Stupid indicator! Well, not really. Perhaps the trader should work to understand when and where the indicator works well and use it accordingly.
Merely Tools
Indicators are merely tools. A hammer in the hand of a skilled carpenter builds a house. A hammer in the do-it-yourselfer’s hands often results in bruised appendages and a call to a skilled carpenter to undo the damage!
But…The skilled carpenter had to start somewhere.
If you want to get a feel for what the Median Line is…and start somewhere –
put it to the test!
The Median Line method may not be for you, but there is only one way to find out! There are no promises here that you will master the method in a few days and become rich beyond your wildest dreams, but anything is possible with the will to work and the willingness to get a few bruises along the way!
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