Search results

And how did this jagoff miss getting profiled in CNBC's American Greed series?

Notice how all the rightards here want to make this about free speech while telling only half the story. Let's inject some facts: • Phil Robinson is not The Star of Duck Dynasty. It's an ensemble cast but if anybody is the star, it's Phil's son Willie. Willie's brother Jase and Uncle...

Except noise. :p Which is real btw, not imaginary. But if your point is that no timeframe (e.g., 1 minute) is entirely composed of noise, I'm in total agreement.

I swear I get deja vu reading this post. My journey almost exactly. Only difference is, I could never trade my system manually and I've burned out my old computer developing it. Past time to get a new one anyway. 2014 is going to be a very interesting year. :)

What makes you ASSume "everybody else" has the same pattern finding ability as RR, surf?

He asked about a "huge majority", not our individual situations. There's no possible way for anybody to know about whether is a ''huge majority", so I just poked fun at his time here as a member.

"Huge majority of you here are losers?" Only those who've been here less than a month. :p

I'm all ears. Do tell! :)

+10 Scataphagos is a to-the-bone racist who'll look for any excuse to blame "minorities.". The fact is that White American kids aren't doing so great compared to Whites in other countries. Here's the bottom line: In France, for example, the Ministry of Education actually runs the school...

When you post inside the quote of another poster, you make it extremely difficult to respond. Perhaps that was the point. In any event, the ACD thread is very popular. If nobody there is making money, one has to wonder what the attraction there is.

The same as with straight-line analysis: an attempt to understand the nature of supply and demand. Indicators are attempts to use recent prices to discern what the underlying price action currently is or soon will be. They often fail because there is little transfer of knowledge from those...

If you're asking why more people don't use straight lines, my guess is that they realize intuitively that price seldom moves in straight lines. The principle behind technical indicators makes sense on a gut level. But it's like medicine in the pre-scientific days for most technical traders...

+1

Price never lies but TA often misrepresents what price is saying. Otherwise we'd all be rich. The issue is that price doesn't speak English ... or any other human language. So a trader has to use a translator (e.g., technical indicators) or expend the 10,000 hours necessary to learn to read...

:D :cool:

+1 On a related note, have you noticed how some people will bash TA in part for using past data, then they advocate something like tape reading which is just as stuck in the past? :D All these "lag" critics have yet to advocate something that analyzes future data. :D :D

Thanks, everybody, for all the great feedback. Much tasty food for thought here. :) I am especially drawn to the example of Handle123's father. I think that post nailed it for me. Mastery of a craft is first and foremost about love for the craft IMHO. Either you bring love in as an...

Great P&L? Getting written up in one of Jack Schwager's books? Writing a book oneself, even if one has no real-world track record of trading success? What do you think?

+1 Maybe it's time to put xelite777 on my ignore list as well.

That's crap. If somebody is a waste of time or worse more often than not, just put him on ignore and be done with it. The chance that he may say something worthwhile every hundredth post or so isn't worth the intervening aggravation. It's a percentage game just like trading. You know you...