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That's your opinion and nothing more.

With this noise thing...the same can be said for any time frame. You may have a position trader who says that the daily chart is just noise. You may have a long-term value investor who says that anything less than a weekly chart is noise. We can go on and on about what qualifies as noise. What...

It's hilarious when people say that a certain time frame is just noise. If you can make or lose money by trading that time frame, apparently it isn't just noise.

I've used TA to anticipate the reversal of multi-year trends. One who understands how prices move understands that prices move the same on a 5-minute chart as it does on a weekly chart. It's the imbalance of buying and selling pressure that you're looking for, not "patterns."

Me and people like me are the exceptions. Overall though, blacks are inferior to other groups. The IQ tests don't lie. Blacks have an average IQ of 78, which qualifies as retarded. It's no coincidence that every other group is able to do just fine in American society, not only academically and...

Crap like this will remain an issue until we admit the genetic differences between the races.

A high win rate doesn't mean much if the winners aren't several times bigger than the losses.

Why waste your time with OTA when there are lots of good books and free resources that teaches you the same things? As for your initial question. It's possible to make good returns on $3k a day, granted that your strategy is one that minimizes risk and maximizes profit potential. In my own...

All forms of analysis is subjective.

Why does one have to be lazy because they prefer the charts over a mathematical approach? If charting works for said person, then what's the problem? Are we trading to make money or to attain intellectual bragging rights?

Gotta love stuff like this that tries to debunk what we actually do on a daily basis. I couldn't care less what statisticians say...I know what happens in actual trading.

If you have a technical method, what else do you need?

I understand not taking someone at their word but to turn ET into a battleground for "my method is better than yours" and/or threads pushing the narrative "your chances of making money trading is abysmal" was pushing it.

A lot of the profitable traders who were once active on here have left. I remember being in a private thread with a few of them and we were discussing setting up a way for us to chat amongst one another outside of ET because the forums have turned into a place of extreme pessimism. Guys who were...

I took a look at that as well and it's interesting. The excess capital rule makes firms like Ironbeam and AMP look suspect.

You should tell your brokers that because I'm relaying only what I was told.

They told me that those rates didn't apply to everyone and that specific commissions were tailored specifically to that person's account.

Oh my. Apex has pretty high day trading margins. I've dealt with AMP, Cannon and Ninja. With AMP and Cannon, I don't like the fact that they'd never put any pertinent information in writing. For instance, I received a verbal quote of their commissions but never anything written. No good, IMO...

For me, the rationale would be that it works. That's all I need to know.

I would think that the runaway inflation of the 70's had something to do with it. The market went only up back then and for much longer. Keep in mind that while you pointed out Richard Dennis' inability to adjust to changing markets, the other guys who came up during that era went on to become...