I don't trade ETF. I used YOUR symbol example to throw it right back in your face lol and the best you came up with is I don't have a tool that is 100% accurate.
LMAO
Talk about fallacious.
A message to some day traders.
- Thread starter Amahrix
- Start date
LMAO
Talk about fallacious.
It’s clear Amahrix has his mind absolutely set on the matter - If you’re a traditional day trader using technical analysis (not sure what else a day trader would use), it doesn’t matter how long you’ve been “successful”, its just luck and your days til failure are numbered. He’s explained his views in several different ways, and nobody on this forum is going to change his mind on the matter.
So what’s the point of all the back and forth. All this effort to change one man's opinion.
If you’re adamant that he’s wrong, continue to trade. If his expressed views cause you to waver in your resolve to trade using TA, he’s probably saving you some time cuz most people will quit or lose anyways. No biggie.
So what’s the point of all the back and forth. All this effort to change one man's opinion.
If you’re adamant that he’s wrong, continue to trade. If his expressed views cause you to waver in your resolve to trade using TA, he’s probably saving you some time cuz most people will quit or lose anyways. No biggie.
One can learn A LOT if you put away your ego and read something useful that you may think you don't agree with. In fact, you should have every reason to read this because if you're right, it will only strengthen your points and weaken mine.
https://www.edge.org/3rd_culture/taleb04/taleb_indexx.html
https://www.edge.org/3rd_culture/taleb04/taleb_indexx.html
If ruin is hedged, you can fool yourself all you want and you won't get ruined. Keep this in mind, otherwise if your exposed to ruin via a unpredictable event or a statistical expectation that is negative; yes, sheer 99.9% luck. And 99.9% of the time they are fooled because it's these very same tools that convince them they otherwise. Question your f*cking tools. Again, EVEN if these type of people claim to have 90% win rate over 3 years, don't be FOOLED. It's an illusion!
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Are you painting me the intolerant one?!
I'm down to be convinced otherwise but I cannot accept a strategy that is based only on inductive reasoning because there's solid empirical evidence to the contrary(not saying it shouldn't have any induction at all), as well as accept strategies based around statistically negative expectation (i.e. martingale betting systems used in day trading Forex), etc etc.
Imagine deploying something so stupid like martingale betting system on forex and having some wins and crediting my skill for such wins.... I'm not deluded! I'm told some people on this forum deployed and continue to deploy such a reckless strategy.
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Would you mind sharing your thoughts?
I never said "you don't have a tool that is 100% accurate" now did I?(Strawman Fallacy).
You are a victim of hindsight bias.
You continue to double down on your stupidity every post you make towards me. (Sunk-cost fallacy).
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"Why are you not a billionaire already?"
Talk about sunk-cost fallacyyyyyyy.
Though keep the insults coming. The one thing you are "good" at.
Nowadays that makes you presidential material.
You're painting this rosy picture that the "black swan" is predictable using elementary TA tools with the benefit of hindsight. You also believe "experts" when they say black swans are supposed to not even happen.... LOL?! (Actually it's not even funny, this is serious cognitive mistakes...you really need to wake tf up if you want any chance of survival in the markets)
Do you know the properties of a black swan as it relates to markets?
You have a lot of learning to do. Pick up Incerto by Nassim Taleb.. You can find free PDFs online. Put your disgust away, and if you're right, this will only solidify your arguments further.
& you have yet to give me a real life example of a "successful" trade you've deployed with your "probabilities" of a yes/no of the event that I've asked twice or three times for and you've ignored.
Blocked. Reason: Useless to discussion. Provides nothing of substance. Time-vampire.
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Please stop ignoring and blocking people. You may think it is a helpful handy tool for you, but it kills the communal nature of threads. If you ever get into a thread where the folks you have blocked/ignored (or who have ignored/blocked you)are having a long meaningful discussion, you will understand why.
It be frustrating. Helpful handy tip for you there.