Quote from Epiphany:
Your 'call' even if it turns out to be profitable serves absolutely no purpose except to serve your narcissim
Ok, so someone who piggybacks on your call makes money, how does that help them? They still know nothing about trading and are completely reliant on you
Post ANALYSIS and the THOUGHT-PROCESS behind your calls
I will start where I agree with you, and then I will respond to where I disagree.
1. It is true that I did not post the thought process behind the calls. You are not the first to raise this point, and i have already responded to it probably in the other threads (please check the latest thread I started ("How to kill Bulls: Watch me do it in real time" or something like that). I might have provided some of my analysis, but if some people post insults and ridicule, do not recognize market facts, do you think that a sane individual should post his analysis to obtain the calls especially when they are deadly accurate? In addition, if calls are very accurate do not you think that it is a strategic asset that I should consider as such?
Now the disagreements:
2. The calls are very useful to others (but the major point why I posted them is in point 3)
1. Make money from them
2. Take profits on a long position (when I issue a short), and take profits on a short when I issue a long call.
3. Posting them has shown that the majority of people will not believe the calls anyway. My calls are against the trend (but at the end), and it goes against the feeling and profits they may have when the market is going up. Remember the market shows the vote of the majority and rewards the minority. This thread is no different.
3. Now the major point: These calls consitute an experiment to show that one can pick tops and bottoms way beyond what is permitted by probability laws describing the market.
To demonstrate it, I had to generate market calls here at ET in a sufficiently large number to build a sample, to proof whether it is possible, and if yes whether it is due to luck or skill.
So there is a point in these calls (in addition to money making for others for free), and it is to ascertain whether it is humanly possible to time the tops and the bottoms of markets even at the 1-minute level, starting at the first time the top (bottom) is achieved. I do not know if you realize how difficult that is from a probabilitic sense (not only the top in price, but the top at the earliest time it is achieved). This problem is way more difficult that people even realize.
In addition this timing is not what one would expect (picking some indictors and following them). It is an analysis that took me years to develop, and reading a 1000 books of knowledge just in area of trading. (How many people have ever read 1000 books in all their life/).
My calls come at a point in time and price where the market has only one degree of freedom according to the analysis.
Any reader of my posts who follows logic, scientific analysis, and interested in making money or to discuss this further beyond what can be discussed in a public forum can send me a PM.
