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no, you're the pathetic one criticizing something you can't substantiate.

can we please ban Traderzombie ? He's really annoying, and gives no +EV to ET whatsoever. Uh oh. I'm gonna get flamed !

I'm just curious what you are trying to prove or point out to us ? I could care less what their trading strategies are. how does this affect me as a trader ? How does this "show what i'm up against" ?

Ahhh, children and their immature personal attacks. If you do not agree with anything I say, I would appreciate a reason rather than just a rude comment. This is a discussion, lets leave it at that please.

thats why I make sure to sell options when I'm fully clothed :p

perhaps my title should have read "Novice Traders Listen" Indeed I am probably still considered a 'newbie' to some traders that have been in this biz for 10 years +, but I feel I have gotten past the 'probabtionary status' that the term 'novice' implies.

I personally enjoyed the OP's posts. I hope he continues despite the fights these other traders are having. They are basically debating religion here. There's no right or wrong answer to the stops question. And you telling another person he's an idiot for not believing in your idea of how...

Seems to me like you already have your mind made up, so why are you worried about the success of discretionary traders and the ability to backtest their setups ? I am assuming you are not a discretionary trader. Are you a fulltime, profitable trader ?

well no shit man. If candles by themselves were great signals, everyone would be rich. Candles are just another indicator among the likes of MA's, stoch's, Bolingers, etc. They are all useful in their own way, but alone they are worthless. Hence why that test in that book failed.

I use EMA's and volume as 'helpers'. I trade using japanese candlesticks, while using price action patterns in relation to the EMA's (with volume mixed in..... its only reliable a small fraction of the time) to help guide me as to what candles are reliable, and which aren't. Please note, the...

Once again we have fighting and bickering back and forth with other traders calling each other paper traders. Do u people ever learn ? Can we ever have a civil thread w/o fighting ? This is why there's not much good info on this site anymore. too many people fighting means a lot of the...

This is what he means: you are assuming that if you traded somebody else's money, you would do a lot better. Well, I think I can speak for 99% of traders when I say all of us would do a lot better if we don't have any blood into it. So he asks, what do u bring to the table ? Your situation...

Excellent question, I have no advice on that one. lol

If you jump into trading as a career, relying on it as your sole source of income, without a mentor already in place, then the odds are REALLY stacked against you, IMO. Shit I dropped close to $25k before I started slowly grinding a profit. Can you survive a drawdown like that ? B/c odds are...

mentor was sheer dumb luck poking around chat rooms.

For all you newbies that want to get into a career in trading, listen up. This was my personal experience so far. Read my story, and then read the points I will make. You've heard them before, but you don't want to listen b/c you think you are different, and it doesnt apply to you...

You know, when i first started reading this thread, I gave Piker the benefit of the doubt. I thought to myself, yah, maybe he knows what he's doing. 90% returns is phenomenal, I dont care if its a massive bull market this year. SnP 500 is up like what, 23% this year so far ? and he's done 4x...

ziiiiiinnnnng !

2 ticks ? lol so you're a tick fucker eh ? Macd and RSI are about as worthless as it gets. If you can't read what they are telling you without them up, then you better learn. Thats part of reading pa

yah, that is price action, but you are making generalized statements here that are simply not true. There are a lot of contributing factors that come into play in a scenario like that. For you to make statements like this shows you still need a lot more screen time but you are indeed on...