Search results

  1. A

    The Best TA Book Ever Published!!

    <i>"please proof me wrong, if you dare.....post your trades live, p&L included, and then we talk.... up to that point....is all smoke and mirrors..."</i> It would be nice to see any of the trade parameters from this book taken real-time and posted for scrutiny. Who will be the one to take...
  2. A

    The Best TA Book Ever Published!!

    <i>"WOW!! Three trades and we can declare that TA works? Try repeating this a thousand times in all market conditions and see what happens. . . . this doesn't even qualify as being Fooled by Randomness."</i> Was it ass-u-me-d that these three sessions (Monday not shown due to space) were the...
  3. A

    The Best TA Book Ever Published!!

    <i>"Unlike traditional technical analysis, EBTA is restricted to objective methods whose historical profitability can be quantified and then rigorously scrutinized. The author provides a new statistical methodology specifically designed for evaluating the performance of rules that are discovered...
  4. A

    The Best TA Book Ever Published!!

    <i>"Thus classical chart patterns, Fibonacci based analysis, Elliott Waves and a host of other ill defined methods are rejected by EBTA. Yet there are numerous practitioners who believe strongly that these methods are not only real but effective. How can this be?"</i> So, the non-trader...
  5. A

    The Best TA Book Ever Published!!

    <i>"From Wikipedia, the free encyclopedia Jump to: navigation, search Technical analysis, also known as charting, is the study of the trading history (the price and volume over time) of any type of traded security (stocks, commodities, etc.) to attempt to predict future prices."</i> Thank...
  6. A

    The Best TA Book Ever Published!!

    I often see traders or aspiring traders dismissing technical analysis as invalid or at the very least an unproven path to take. That said, is there some valid way to trade short-term, i.e. intraday other than by using technical analysis? Define TA:<i> "the use of charts and/or chart tools...
  7. A

    ES 1380 by October?

    Forget about the call... they come & go all the time. A massive congrats on holding the trade for two months thru all the market noise. Calling tops & bottoms off weekly charts is far easier than taking the trades <b>and holding them with fearlessness</b> Lots of traders can call the big...
  8. A

    ET Posters As Contrarian Indicators

    <b>BDGBDG</b>, I apologize profusely if my posts seemed the least bit hostile to you. That was an assumption of mine which interpreted your question as being meant to incite. After all, can you imagine a response post being, "I fade John Smith all the time... works great for me!" If that...
  9. A

    Retrospectively, what is the worst trading book you ever read?

    <b>Thunder</b>, there are no books I'm aware of priced at $500 or greater. Value of real nuts & bolts info starts above there. Not to give a public plug in violation of spam policy here, but I know of several successful emini traders who bought info priced around $4,000 from someone in Texas...
  10. A

    ET Posters As Contrarian Indicators

    <i>"I think my OP got misconstrued. I simply meant to ask has anyone used an ET poster (or the ET posts in general) as a contrarian indicator. If the majority of the ET board is bullish on US equites, has anyone used that as a sign to go short? Also, if someone has a propensity to make losing...
  11. A

    Retrospectively, what is the worst trading book you ever read?

    <i>"From the Pit to the PC by Borsellino"</i> Sorry, can I change my vote on worst book ever? Thanks for the reminder, <b>BearBelly</b>! I had high hopes for this title, knowing Louis' reputation as one of the biggest S&P players in his day. Figured there'd be lots of gold nuggets & gems...
  12. A

    Retrospectively, what is the worst trading book you ever read?

    <i>"Far and away, The Master Swing Trader by Alan Farley."</i> To be honest, that is one book I couldn't even finish. It may have plenty of merit inside, but I found it so muddy to read that it lost my (admittedly short) attention span over and over again. Farley might be an excellent...
  13. A

    Retrospectively, what is the worst trading book you ever read?

    Any how-to book on trading sold for less than $500 (with lone exception of Thomas N. Bulkowski chart patterns editions) are worthless outside of very general knowledge and amusement. I've bought and read 100s of titles, and cannot think of a single exception other than those noted above. Hey...
  14. A

    ET Posters As Contrarian Indicators

    <i>"Well, you always hear stories from successful floor traders about how they faded certain traders (see Swagger's trilogy)."</i> I'd presume those stories are nothing more than pure crap. What's the strategy there? Fade one guy until he goes bust, sit idle until the next losing trader...
  15. A

    ET Posters As Contrarian Indicators

    What logical sense would that make? Can you base a long-term, successful trading career on fading some other trader?
  16. A

    Disillusioned

    <i>"I simply dont have a big enough account. Even with 8 tick stop...win rate still 80%...would be a shame to walk away."</i> <b>spinn</b>. there are 100s of traders right here in this forum that would raise $2,000 doing whatever it legally takes to scrape such a sum together. Then they...
  17. A

    "Scaling out" is inferior behavior

    <i>"I'm actually quite surprised by those results. You must have some pretty solid techniques for determining entry points and keeping your system out of chop periods."</i> I rely on a filter chart setup (13min or similar) to show when price action is probable to go higher, lower or currently...
  18. A

    Disillusioned

    <i>"Yup...my stop is too tight <u>but I have no choice</u>. This happens a few time a week. Other times, I take a 4 tick profit only to watch the market move 50 ticks in my favor."</i> Why is it that you have no choice but to take a -$40 stoploss on YM contract? What prevents you from using a...
  19. A

    "Scaling out" is inferior behavior

    <i>"In times where volatility is limited you might do better depending on the exit criteria for the scaling technique. Some sort of volatility switch between the two techniques might optimize the results a bit. In any event, as long as you get direction more right than wrong there should be...
  20. A

    "Scaling out" is inferior behavior

    Wow... y'all covered a lot of ground here while I slogged thru the wetlands around the U.S. Army's 10th Mountain Division playground last weekend. Permit me to add some tidbits specific to emini futures trading and trade management there, using a live example from today: I bought the ES at...
Back
Top