Search results

You have to be creative when identifying patterns. Classic patterns CAN work but understanding what built them or how they were built will give one a good idea as to whether the classic pattern will succeed or fail. Keep in mind that the market doesn't consistently reward those who aren't...

Sounds like a bad trade to me. I won't take it :D

How does this affect my bottom line? What do I get out of this?

Why can't you realize that traders keep their proprietary methods secret? When something is not shared with the world, it doesn't get tested or evaluated. Therefore, YOU do not see it. Why does this concept continually allude you?

Why are you still attempting to trade? Shouldn't you move on to another venture?

Surf said trading has been very kind to him over the years yet also said he used to trade using TA.....:confused: Either he's lying about having done well or he just really enjoys disliking TA. Something is definitely not adding up.

He never said he was any good at it :D

Geez, if it's not hard enough to discuss TA with these people, it's going to be even harder for them to accept/believe that their eyes and brain wiring are inferior :D

Yeah man, paying taxes sucks. Especially when the more you make the more you pay. You're better off being marketsurfer or oilfxpro who perpetually lose. That way, no tax liability!! :D

Not to mention I'm sure there are some systems who's odds are less than 50/50 BUT the upside trades FAR outweigh the losers.

There is a flaw in your thinking. If you develop a profitable system using T/A, you aren't a casino gambler. Casino gambler odds are less than 50/50. My odds are definitely higher and my system is 100% objective. And has been for over a decade.

Surf was at least honest about it: "We are marketers for several funds. Correct, I look for other people's edges that work. surf" http://www.elitetrader.com/vb/showthread.php?s=&postid=3603552&highlight=funds#post3603552

When talking with Surf about trading you MUST keep in mind that he is a marketer for funds and his JOB is to find other people's systems/edges, learn them well or at least be informed enough to describe them, and then pass those systems/methods along to his clients. Don't get tricked or...

Ok, I was using a definition of chronic stress differently. You mean chronic in the sense that it's always there and is part of the profession of trading. I can understand that, that makes a lot of sense. I wonder how many traders have died of a heart attack while at their desk? There's gotta...

Of course, the presence of stress to some degree is inevitable. I was just trying to differentiate that from chronic stress. Chronic stress can be debilitating while low to normal stress keeps one alert and focused as it pertains to trading. And, of course, winning traders should have far...

Some stress and chronic stress are two different things. "chronic stress: A state of prolonged tension from internal or external stressors, which may cause various physical manifestions–eg, asthma, back pain, arrhythmias, fatigue, headaches, HTN, irritable bowel syndrome, ulcers, and...

Correct, if you have a method that has shown to be profitable over time, no need to get concerned on a trade by trade basis, so long as the trader is trading the method correctly and not shooting from the hip.

I don't have a lick of chronic stress. I just look for my setups and then trade them. Pretty straightforward.

Did you ever consider that maybe trading isn't for you? Maybe you lack the emotional or cognitive abilities that successful trading requires? Not trying to put you down as trading is a very tough business, just wondering if you considered it.

Nice job Hoodoo. So when are you going to meet with Surf and his quant team to discuss the details of your method? :D