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Any thing about investing by Darvas or Wyckoff

I thought my answers had some validity. I explained why I valued gold. Of course it is my opinion, the value of anything is based on opinion. What you value deeply may have no value to me. You on the other hand didn't answer my question of what is the fundamental value of anything? Give me an...

What is the fundamental value of anything? The value of gold to me is that I can hold it. It will have a market value and I can use it to exchange for goods and services if the internet goes down. I can keep a supply of gold under my bed. It is shiny and easily recognised. An ounce of gold...

You can drop gold on your foot. It's real and rare.

What do you want to see? Examples of someone using price action. Look no further than the YouTube "Chat with Traders". I could show you my trading record but you wouldn't believe me.

If you don't know what price will do next it is a lagging indicator.

Indicators are nothing more than price action manipulated to be visually pleasing. Price has to move before the indicator moves.

If it doesn't work for you, you shouldn't use it. I believe it works for me if we are defining PA the same way. "The plotting of past price over time". What price has done in the past gives me an idea of what it might do in the future.

If you have tried it and it didn't work for you then focus on why it didn't work. Every trader is different. It's up to you to find something that works for you. It's not up to the rest of the world to prove that something you don't believe works. Good luck in your search.

Well it probably won't work for you. :D:D

The best is to build your own. I know it sounds like a Bullshit answer but you have to have spent some time watching whatever market you want to trade. You come up with a strategy to trade that market. Spend the time testing your strategy. Spend some time trying to prove it won't work. Back...

Just my opinion but it was way more interesting than the rest of the weekend.

The bigger story was Players kid getting banned for showing a sleeve of golf balls.

I do manage to outperform most years. I might lag in the up years but haven't had a down year since 2002. My performance is nowhere close to yours. With a 29% annual return you'll probably be in Schwaeger's next "Market Wizards" offering. You have my permission to keep trading :D:D:D

Have a detailed written trading plan. A business plan you would take to a lender to show how you plan to make money and convince them to back you.

That's your reasons why you would trade a strategy that won't outperform buy and hold? I assume then that the investing goal is to be comfortable. I see that as quite reasonable for an investor. And for a little excitement make a few trades knowing you'll probably do worse than the market...

I suppose you have to look at your reason for being in the market. Given that a buy and hold strategy has in the past produced an inflation beating return why would you risk your capital on strategies that won't give you the same return? I suppose if you're trading for the thrill and...

To the point of the thread, and who am I to argue with Peter Lynch, you don't lose money when you are not in the market. I can be argued that you lose spending power but you don't lose money. If you have $100 in cash and you keep it in your pocket at the end of the year you'll have $100.

You're right. To each his own. I was a big fan of Lynch when I started investing. He made perfect sense to me at the time. Buy what you know, diversify and hold on, some will go to zero and some will be ten baggers, in the long run you'll come out ahead. The tech wreck changed my mind. I...

I would ask why? Why ride the roller coaster and why post that to a trading forum?