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    WHY is Elliott Wave supposed to work?

    Why the hostility Kiwi trader, had a bad trading day? And what are you, the local spell check ombudsman? Amazing what nonsense some people here waste their energy and time on. The originator of the theory has already spoken as to why it is supposed to be an accurate/predictive model. RN...
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    WHY is Elliott Wave supposed to work?

    Ok, we all know what the problem is with Elliott Wave. There's really no need to pontificate for paragraph after paragraph as to why it's such an awful method, for those that don't believe in it or feel it is pseudo-science. Wonderful, all the power to you. Although of course, you are free to...
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    WHY is Elliott Wave supposed to work?

    It doesn't. Which is why I started the thread. Amazingly, this seems to have whizzed by a number of posters. Saying that EW works because it represents mass psychology or because it's based on fib ratios means nothing to me. I was hoping for more original insight but I'm prob asking for too...
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    WHY is Elliott Wave supposed to work?

    "Foreword to Mark Fisher's Book Paul Tudor Jones Chairman and CEO of Tudor Investment Corp. My first face-to-face encounter with Mark Fisher occurred in the silver pit in the early '80s on the COMEX in New York where he often resided. An occasional visitor to that club of gentlemanly...
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    WHY is Elliott Wave supposed to work?

    Market Surfer I've since some of the contents of the book, and it looks like pseudo-science to me. None of that stuff is testable, so why believe it? Neely says that EW represents market psychology. Why? Because he says so? What evidence is there that EW does represent mass psychology? I...
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    WHY is Elliott Wave supposed to work?

    Paul Tudor Jones credits EW to a lot of his success in his Market Wizard interview. I also know someone who worked with Stevie Cohen and he told me that the man also used all manner of technical input, including EW. But regardless, once again, this thread wasn't intended to be a referendum...
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    WHY is Elliott Wave supposed to work?

    Was just wondering; a question for the wave experts out there What is behind the elliott wave's recurring themes, impulse and corrective waves? Is this question conceptually the same as asking why does gravity exist? Is it that the waves just ARE, like gravity just IS? Skeptics or...
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    How to never get an account wiped out?

    Very interested, and I think this is tangentially related to the following post I had on a different thread to which no one has ventured an answer yet: From Acrary: "How often should you hit a new equity high? It can be calculated by using the % losing trades. Here's how, take the % of losing...
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    Money Management Question - Need Help

    From Acrary: "How often should you hit a new equity high? It can be calculated by using the % losing trades. Here's how, take the % of losing trades and multiply it by itself until the number is approx. .01 (meaning 99% chance of seeing a run of however many times you do the mutiplication). For...
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    Acrary's Strategy Formation

    From Acrary: "How often should you hit a new equity high? It can be calculated by using the % losing trades. Here's how, take the % of losing trades and multiply it by itself until the number is approx. .01 (meaning 99% chance of seeing a run of however many times you do the mutiplication). For...
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    ESignal vs Qcharts Intraday Historical Cash/Futures Data

    I'll call them tomorrow to find out, but was this deal done recently in late Sep? How long do you think it will take for them to do the above?
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    ESignal vs Qcharts Intraday Historical Cash/Futures Data

    Hi Was wondering if anyone knows why ESignal only goes back about 8 months for historical intraday data (for ex, 5min charts) whereas QCharts goes back as far as 1998 for the NDX/NQ contract. Do I have to pay up to get that or does ESignal just not have that data that goes back that far...
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    Trading questions

    I wonder if the guy who featured Schroeder on his website will come out or do anything about this...seems like he's still got him mentioned on his site.
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    Ramblings on emotions and trading ...

    BCE, Both guys you mention above are legit, without a shadow of doubt. I'm not interested in naming the clowns, but you should be able to recognize them instantly, they've got 'phony' written on their foreheads and tend to associate with crap publications/software sold on late night infomercials.
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    Ramblings on emotions and trading ...

    Couldn't agree more. I can't believe what passes as 'trading psychology' these days... what a crock of you know what. It seems like these trading 'coaches' spring up out of nowhere, with nothing but a bunch of tired cliches and empty words to offer traders who really either need a real trading...
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    Money Management

    Cnms2 Thank you for a great thread on the kelly formula. I think we have looked at it from many different angles and find some solace in the help that this thread (even if it is a starting point for further research) has provided. ET hasn't completely gone to the dogs yet, there are still a...
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    Money Management

    In case you missed this on the thread, opinions are like assholes, everyone's got one. I stated this earlier and never argued that your statement isn't true. But if arrogant folks like nononsense think they can get away with nonsense, they are wrong, and will be corrected, as he has on this...
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    Money Management

    Is that the best you can come up with? LOL You sound like a broken record and your repeating the same stupid line for the umpteenth time means you aint got it what it takes to see the truth. Yeah don't respond until you have something worthwhile to say. You are not privy to my trading and...
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    Money Management

    Your inability to distinguish sarcasm from straightforward talk seems to indicate that you are in dear need of assistance of some kind. Maybe all that nonsense you post has been getting at you lately. Your posting here on ET is as enlightening as a torch with dead batteries. In other words...
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