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How many are stuffed into the clown car by now?

So killing gays, women, negroes, Muslims, etc is not violent?

It's not consistently profitable? It works sometimes? This is what you keep boasting about?

All one has to do is read it and trade it. If he's too afraid to take the trades, that's not the plan's fault. Of course, one does have to know how to recognize a range. One also has to know how to recognize a trend. If he thinks ranges and trends are nonsense, the approach is not for him. But...

If you want to call your program a trading plan, fine. But you can provide no evidence that it is consistently profitable. Riskarb busted you on that long ago.

Price movement [price action]: the continuous tick-by-tick (transaction-by-transaction) movement of price as shown on the tape [or on a corresponding chart]. This is what I mean by "price action". What others may mean is unknowable unless they define their terms. Price moves in ways that are...

*crickets*

Claims is about all you do make. Where is your trading plan?

One could also challenge MS to do the same. Unfortunately, he has no rules. And no plan. He just posts what somebody in his office tells him to post. Which is why his "report" is so full of entries without exits and exits without entries. Price Drivers. :rolleyes: As far as personal attacks...

Arguing with "marketsurfer" is like playing chess with a pigeon: it's just going to crap all over everything and act like it's won anyway.

Unfortunately they are so thin on the ground as to be virtually non-existent. Just read what's posted by the P&R faithful.

There's a hell of a lot of religious intolerance in this country as well. Read the paper. Any paper. Any day.

To the OP: Just out of curiosity, you've been at this for at least three years and appear to have been trading -- successfully -- the TF during that time. Are you no longer trading profitably?

So many traders who aren't prepared . . .

True. But at least the understanding provides one with a framework for beginning to develop a robust trading plan. Using your example of chef school, those who successfully complete the course, assuming the school is a good one, understand that cooking is not about recipes but about formulas...

Psychiatrists seem to have more issues with egotism than psychologists do, unless the psychologist happens to be clinical, in which case the same applies. Outside of clinical, though, psychologists tend to be more students of behavior. In that regard, education in psychology is far more likely...

I don't know that quantifying subjectivity is possible, or desirable. Regarding your example, it's enough to note that the ON was 07. The OR reached 6.5 (the last swing high was on the 4th, at 3.5). Therefore, there are two choices: short a failure or buy a breakout. Shorting the failure meant...

The hinge can be called a triangle or it can be called a coil, but what it's called is irrelevant. What is important is that wide disagreements among buyers and sellers as to the value of whatever it is become ever-narrower over time, which may last for minutes or weeks. This narrowing is...

If by "pattern" you mean all price movement, arguably. But when people refer to patterns, they generally mean geometric shapes: flags, pennants, triangles, wedges, cups, horns, and so on. Which carry about the same weight as the big and little dippers and Orion's belt.

I didn't say it couldn't be quantified; I said it probably could not. People have after all been trying for decades to quantify it and have yet to be able to do so. In the meantime . . .