Search results

It really isn't. As you suggest, it's very straightforward. Trading is very difficult. It requires a certain intelligence and some personal qualities you have to develop that just don't come easy to people. I don't think trading is special. Most people fail at difficult things. End of story. For...

General, why do you spend your time posting all this? I can't find any real insights in your many posts. It's just banalities and diatribe mixed with oddball metaphors and invalid similies. The original poster put up for debate if these boards are bad for a career trader. We only need this...

Seriously guys ... hairdresser not only said the credit crisis is over. He put the word "over" in capital letters and he didn't put it in the post but in the headline. Each of these alone makes it double true, so now it's at least like quadruple true. Everybody knows that. Also he said he's...

Because once you see your bar reacting off some S/R or whatever, the movement - by definition - is already under way. Just as it is already under way when your just as constantly updating indicator says there's a counter-movement. If you trade before the bar is complete, then you may as well...

I was sorta around this question in my first two posts; that charts are lagging indicators of price action as well and as much representations as the hated indicators. However, S/R and TLs are mainstays of PA trading and you kinda need charts for it. As I understand it some drawing tools are...

Hey Forexgreenland All trends from the monthly to the 5m timeframe are down. Why do you see an up-gap coming? In other words, on what do you base your decision? Cheers, Smurf

"Showing long-term viability" is kinda funny too - in a sad way.

Hey Bmwhendrix I did buy his stuff and followed the group for a while, but in the end I tweaked it to my own liking. I made it mine so to speak. But Watts is one of the good guys I think. They're few and far between. :) Smurf

I bet you loved having to sit down on a Sunday and write this :(

Hey AlmostGotIt I wrote you a long answer, but then I kinda thought it looked more like an autobiography of my trading life, and it would interest no one. Basically, I use three indicators found in most charting packages: An EMA, Keltner channels and MACD. I also use standard candlesticks...

You know you're in trouble when the slothful vote themselves a handout. It has an almost haiku quality to it. I'm not really convinced it's the slothful who borrow money from the Chinese to buy oil from the Arabs and consumer goods from Korea. I'm not convinced it's the slothful who start...

So, basically, IB has liquidity problems and are going under, and in their final spasms they randomly pick out a couple of accounts and place them under review for weeks for no reason whatsoever - completely out of the blue - and this group of unfortunate customers happen to be friends by some...

Forex Factory certainly is a bonanza of indicators and EA construction. I don't know if anybody is profitable except the ones that get a following and start subscription services or sell EAs. Most of it is bad, some of it is bizarre (like the thread with two completely different indicators with...

Hey Kiwi You don't know me, but you're the only person I recognise from at least four different places. Our trading paths seem to follow exactly the same trajectory, but you're two years ahead of me. However, all these sweeping statements are what baffles me. Allow me to mark them up in...

I was exposed to this early in my trading career and at the time it made little sense to me. I recall wondering if what they did wasn't a way of really complicating some simpler tools like your standard channel drawing tools (Raff regression etc.). Later I got to generally deeply suspect books...

Woodie's CCI Club is evil incarnated. Stay away :(

Hey Greg I know which book you're talking about. I never could make heads or tails of how to actually trade those bad boys at the time. Luckily, I didn't actually pay for the book but checked it out from the library. Older and wiser now, I realise it's all vintage snake oil. This...

I found your post really interesting Fearless9. I've argued vehemently elsewhere that there's little reason to chase around after the Awesomest Oscillator Ever and you'd be better served by learning how basic indicators are constructed so you know what they will do and not do in various market...

Mmmmm ... huh?

Hey Anek Good to hear from you. You always have something substantial to say. I couldn't disagree more with a lot of the things you say, but I agree with the most important part: it's the trader, not the indicators. However, indicators simplify market data and unless you work from tick...