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(4th year still not profitable) Wow, 2300 views on the first day! Looks like you might have a lot of company out there!! So don't feel pregnant. Work at it just that much harder to make your 5th year the start of your new and successful trading life.

True. And I thought I did just that in the first post in an effort to show what I meant, as follows: Additionally I gave another example in reply to a reader's question as follows: Let's say that from your study, research or from what you learned somewhere you know that 86% of the time the...

Perhaps it would have been clearer and better to have said context instead of parameters. I didn't grow up in an English speaking market environment, so my usage of the word may be incorrect. If so, i'm sorry for any inconvenience it may have caused you.

Yes I could do that showing the 20 or 30 parameters that I and other traders I know use daily. However, my intention was to encourage study and research by some readers regarding what I have found to be an overlooked and important factor when using TA that would be extremely valuable to improve...

Yes, I think he did. And I didn't start the thread hoping that someone would buy me a dozen donuts!! But I guess that having not used much English in the last 50 years that my written presentation was so unclear that I received a lot of flak. Oh, well that's that!

On the contrary! In fact he had me repeat everything so he could take notes, and even bought me another coffee and donut!!

I provided as simple an example as I could think of in a reply to Simples' post above.. This is no well guarded secret, but simply one of the very basics found in the study of price movement, and the importance of which I had hoped an inexperienced TA trader would find informative, just as the...

No, not specifically Elliot or Dow theory so much as just one of the basics of price movement. That was just the simplest example I could think of at the moment.

Not really sure what I mean anymore as nobody, except for the guy in Starbucks, seems to understand. So I'll try again with another example. Let's say that from your study, research or from what you learned somewhere you know that 86% of the time the price movement in an advance/decline will be...

By no means! You teach and I'll learn!

Yeah, only been at this for 2 days now. Looking forward to your valuable teachings! I'd love to continue this oh so intellectual conversation, but it's time for me to put on my Mickey Mouse pajamas and go to bed.

You're not, not your not. Yeah, I guess you saw me down at the soup kitchen!!

Yes, but too many automatically attach the title of Pro to any bank, broker or hedge fund just because they trade in size. Do all such traders constantly make profits to where they could be called Pro? Is somebody's Granny who makes a living by trading not a Pro? Hard to learn how to do, and...

OK, I'll try to get through the rest of my life while not knowing what I'm talking about as you so kindly pointed out.

I don't know if it's a good thing or not, as what you said has encouraged me to shoot myself!

OK, thanks for letting me know that.

Below is what I said in reply to a similar point in another thread. IMHO the most significant point is the price movement itself, and not who's buying/selling. And the point of my previous reply was simply that within the herd that buys at/near tops and sells at/near bottoms you can find GS...

Yeah, you're right. Shouldn't have started the thread. Been away from English so long that nothing I say makes sense anymore. Will ask Baron to delete the thread, and swear never to start a thread again!

Sorry, maybe I was not clear when using the words technical indications. I'm not referring to indicators such as RSI, MACD etc. I never use indicators. There seems to be so many who have acquired a so-so knowledge of TA. But they do not take into consideration the various parameters that can...

The parameters that one discovers or learns must, of course, be those that have an effect on supply and demand and the success of the technical indication in question in the vast majority of cases. So the trader would be using parameters that are based on computed probability, and in addition to...