Why does it even matter? There is almost no chance of you being able to trade his system or my system or anyone else's daytrading proprietary TA system. That's the whole point, each persons method of viewing and trading the mkt will be slightly to greatly different from one another. Unless...
He gave himself the moniker the other day.
http://www.elitetrader.com/vb/showthread.php?s=&postid=3215120&highlight=hobby#post3215120
I just don't understand how someone who is so involved in the industry, with access to so many bright minds can't come up with a successful...
Yeah...weird. He says he's had access to the best and brightest yet can't get past the 'hobby' trader stage. I feel for the guy...no wonder he's so cynical.
Bro, been fulltime trader since 1998. If you started earlier then you win. Been self sufficient from profits via daytrading since 2000.
http://www.elitetrader.com/vb/showthread.php?s=&postid=2977608&highlight=1998#post2977608...
I've traded way more trades, way bigger size and have a ton more experience than you. Just trying to help you out son, if you want to beat your chest every time you get one right, then you haven't learned all that much.
Good luck.
Your ego will be your down fall. You still haven't figured out how to keep a cool head when things are going well. If you can't evolve as a person as you gain experience in the mkts, your chances of success go down greatly IMO.
Good luck with your trading career.
I didn't mean to say or imply you haven't been around mkts and haven't known people who have been around mkts for awhile and who have a good knowledge base, I meant that you don't have the intricate knowledge of intraday mkt dynamics, the very detailed stuff (nitty gritty if you will). Most...
Hey Surf, as a self proclaimed 'hobby' trader, perhaps you just aren't adept enough to understand the intricacies that some of us delve in to on a daily basis? I know if I did something as just a 'hobby' I would be less inclined to make definitive statements on what does or does not work or...
Guys, why are you arguing amongst yourselves? You both believe that TA works, but different 'concoctions'...the argument (if it's even worth it) is with the malcontents who demand it never works. :)