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So you're a gambler, not a trader. Duly noted. No wonder you think successful TA traders are just "lucky". Being lucky is clearly your only game plan. :D

kut2k2 : "Where are your stock picks publiished?" marketsurfer : "Please reread the post." the post : "My calls are tracked by tipranks.com and i am in the top 3% of all published stock pickers on the planet." No mention of where he is published. Maybe surf is ashamed to be associated...

What are you trading? Also, is that 10 completed trades per month or 10 transactions per month? Two transactions required for a complete trade.

And here we have more marketsurfer bullshit. Tipranks doesn't "publish" your market calls. They get your market calls from your blog at Street Authority and they review them and publish their results. You publish your calls in a blog at Street Authority. That's all you had to say. Why lie...

Is your published track record anything like this? :

I was thinking you published some place besides tip ranks.

Where are your stock picks publiished? Also, nobody (or almost nobody) is saying TA is the only way to pick stocks. I hear monkeys do fairly well with darts.

Who says he's even trying? The guy has made it. He's probably doing what I'd be doing: enjoying life. Not every successful person is some bottomless pit that needs more and more money to be happy. Not everybody needs billions to be satisfied. Millions is plenty if you grew up poor.

Because unlike you, I actually know some mathematics. Have smurfette calculate for you the odds that Zanger was on a multi-year lucky streak.

OMG! The lotteries are regularly scheduled events that have been around for decades. Of course there are many winners. All based on dumb luck. Not as many Dan Zangers but definitely more than one. Not every successful trader likes the spotlight. Looks like your anti-TA spiel is as empty as...

So is Zanger your role model?

That's one of the most pathetic analogies ever presented on this website. You're comparing a trader's consistent day-to-day, week-to-week, month-to-month performance to a one-off event like getting the golden lotto ticket. Yeah, surf, real convincing. Hard to see how your fund blew up with...

Probability exists wherever there is uncertainty. Probability is the science of uncertainty. Just because you don't know the probability, that doesn't mean it isn't there, or that it doesn't matter. You completely ignored my points about relative probabilities to hammer on one word.

Ah, semantics. I'll grant you there are few or perhaps even no known probabilities in trading. But there are relative probabilities. We can say that sometimes event A is more likely than event B. If we can accumulate sufficient relative probabilities and know under what conditions they occur...

:confused: If you don't believe in probabilities, then what is the truth? Thanks.

The Kelly Formula https://en.m.wikipedia.org/wiki/Kelly_criterion http://www.elitetrader.com/et/index.php?threads/a-new-kelly-formula.291307/

Fortunately the article is not about Elliott Waves. Of course I'll concede his reason to reject them as "too gaudy" shows a fundamental misunderstanding for why they should be rejected. The question is whether the author's mathematical illiteracy extends to his exposition of the main topic...

Technical traders provide liquidity to the markets. Beyond that they rarely act in concert against some "natural" fundamental move. Technical traders disagree with each other as often as economists disagree. I'm a trend follower, which means I can only do what the market is already doing. It is...

The fact that you find reading entrails useful at all means your name should be MuchVoodooHere. :p