Cornix's TA Performance

[wrbtrader]

Quote from tobbe:

Cornix has repeatedly stated that this thread is about his PnL resulting from TA trading and not about the actual signals/patterns themselves.

Maybe you and cornix don't understand. I completely understand this thread is not the TA discussion thread. No problems about that.

Therefore, I'll say it differently. He stated there's another thread that contains the TA correlating to this thread involving the trades taken or that there will be TA discussed at a later date in another thread containing TA correlating to trades posted in this thread.

What is the link to that other thread ?

Hopefully the reply isn't the link @ http://www.elitetrader.com/vb/showthread.php?threadid=273468 because that thread does not contain any TA strategy that correlates to any trade performance posted in this thread nor are there any TA strategy discussed in that thread...so far.

What's wrong with posting the TA now in the other thread that correlates to the trades in this thread to prove that TA works ?

I stand by my observation, if the TA is discussed at the end in another thread without proof that the trades posted in this thread are via the TA in the other thread...

He will have only proven that he is a profitable trader and not that he uses TA profitably.

P.S. Cornix, if you're gonna say I'm not going to discuss any details of the TA strategy and I'm not going to correlate the TA strategy in the other thread to the performance record in this thread...I'm lost about how you will prove "TA works".

 

[justrading]

If we are looking for transparency and clarity, then nothing beats;

This is what I did, these are the results.

 

[cornix]

Quote from wrbtrader:

Out of curiosity, how many trades or what's the duration of the results before you begin discussing the "details" of the TA.

For example, you saying if will be about 6 months of performance before any TA details are discussed.

Should the reader than be require to review every one of your history of posted trades in this journal to see the TA correlated or you're going to review all trades and the TA behind each or you'll just explain the TA and then let the reader "assume" your posted performance in this journal was via that TA. ?

My point, you're going to have to post charts of some of your trades that correlates with the TA discussed on your charts or else your goal to prove TA works will have failed big time.

Would it just be easier to just post your "past" broker statements going back a few months and then just discuss the TA now that correlates with your already existing trade history.

I'm asking the above questions because the way you're doing this reminds me of a new trader or of someone with a new trade method to explain why you're not using any existing trade history.

Last of all, why not discuss the specific details of the TA now in that other thread instead of later.

I'll say this again. You're approach to trying to prove TA is wrong primarily because there's NO technical analysis discussion under the facade the TA will be discussed later in another thread.

It will be tied to the number of trades, not time period. Let's say when we have 100+ trades which I believe most people unlikely consider a "lucky streak", then this TA question is welcome to be raised again.

P. S. I may well be wrong in my style of the thread chosen, but it's chosen, bets are placed so let it develop naturally as it does.

 

[wrbtrader]

Quote from cornix:

It will be tied to the number of trades, not time period. Let's say when we have 100+ trades which I believe most people unlikely consider a "lucky streak", then this TA question is welcome to be raised again.

P. S. I may well be wrong in my style of the thread chosen, but it's chosen, bets are placed so let it develop naturally as it does.

cornix,

I'm not talking about this thread but this thread is the only place to TRY to get you to answer the question.

You said there's another thread where the TA will be discussed or is being discussed.

What is the link to that other thread ?

Hopefully the reply isn't the link @ http://www.elitetrader.com/vb/showthread.php?threadid=273468 because that thread does not contain any TA strategy that correlates to any trade performance posted in this thread. In fact, there's no TA strategy of any kind being discussed in the above linked thread by you.

I mention the above thread because its the only thread I know that you recently started as some sort'uv relationship to this thread although the other thread only involves the usual past TA arguments you've been involved in the past under the facade of objectivity...without any objective TA strategy details.

Once again, the issue is not this thread. The issue is the other thread that's suppose to contain TA details to correlate to the performance results of this thread...

Another way to look at my question if you're still confused. You saying you're going to post general performance stats at the end at the above mentioned link that's already polluted with the typical arguments or you're going to start a new TA strategy thread in which your going to discuss the details of the TA strategy (generalities is ok too) that correlates to the performance of this "Cornix TA Performance" thread.

So far, you're doing exactly what surf & gang thought you would do as in "talk about the performance without the TA" or "talk about the TA without the performance". I'm just extremely surprised there's no objective TA being discussed anywhere here at ET by you that's linked to the performance in this thread while you continue saying the goal of this thread is the prove that TA works.

There's been other "TA works" threads here at ET where the general details of the TA strategy were discussed without revealing the so called edge and it was tied to the threads performance results. The issue with those threads was that they only lasted a few weeks and there barely were any replies...one thread in particular had live videos of each trade as the trader discussed the generalities of the TA in the video. I never saw any surf like comments in those threads...they were oddly not popular in comparison to threads like yours that contains no TA related to the performance results...just the usual the performance will be posted without any TA or the TA will be posted without an performance.

Hopefully, the above question is clear and gets answered about the thread location of the objective TA strategy.

P.S. The above thread link you say in your opening statement the thread is for "debating" to keep the commentary out of this thread. in contrast, you now seem to imply in this thread that same other thread is for objective TA details...do you not see why some of us are confused about this so called objective connection to this thread. ???

 

[marketsurfer]

WRBTRADER---

as a long time member here, I have never seen nor ever heard mentioned of a thread with live videos of TA set ups. Link please

With that said, WRBs points about this thread are correct. However, It does demonstrate the mind of someone deluded by TA and who really wants to believe in it based on being fed hogwash by Internet mentors. Corn is very sincere, just mislead about the market.




surf

 

[tobbe]

Quote from marketsurfer:

It does demonstrate the mind of someone deluded by TA and who really wants to believe in it based on being fed hogwash by Internet mentors. Corn is very sincere, just mislead about the market.

surf

Surf, you yourself have a site that push RSI as the "miracle indicator" and tout bollinger bands for the timing of entries and the usefulness of moving averages for trend following. Why isn't that hogwash, and by the way, isn't that stealth vendoring tactics from your side?

 

[R. Raskolnikov]

Is this true??

Quote from tobbe:

Surf, you yourself have a site that push RSI as the "miracle indicator" and tout bollinger bands for the timing of entries and the usefulness of moving averages for trend following. Why isn't that hogwash, and by the way, isn't that stealth vendoring tactics from your side?

 

[temuco]

Quote from atticus:

Why don't you both measure yourselves by joining collective2 and posting the quarterly results here? Cornix, one trade last week in NQ, so it wouldn't be a problem of signal frequency.

This sounds like a good idea. There seems to be a good amount od disagreement as to what would consitute a passing demonstration of the efficacy of trading based upon technical analysis.

It seems as though some here are hoping to get a "TA System" demonstrated and handed to them. This should not be necessary to demonstrate Cornix's, or any other trader's TA approach yields positive results or not. However, it does not seem unreasonable to have some means of showing precisely when entries and exits were made - and so much the better if such means invoves an independent and impartial third party.

I'm enjoying this Cornix vs. Marketsurfer back and forth. Carry on, Gentlemen!

 

[cornix]

Quote from wrbtrader:

cornix,

I'm not talking about this thread but this thread is the only place to TRY to get you to answer the question.

You said there's another thread where the TA will be discussed or is being discussed.

What is the link to that other thread ?

Hopefully the reply isn't the link @ http://www.elitetrader.com/vb/showthread.php?threadid=273468 because that thread does not contain any TA strategy that correlates to any trade performance posted in this thread. In fact, there's no TA strategy of any kind being discussed in the above linked thread by you.

I mention the above thread because its the only thread I know that you recently started as some sort'uv relationship to this thread although the other thread only involves the usual past TA arguments you've been involved in the past under the facade of objectivity...without any objective TA strategy details.

Once again, the issue is not this thread. The issue is the other thread that's suppose to contain TA details to correlate to the performance results of this thread...

Another way to look at my question if you're still confused. You saying you're going to post general performance stats at the end at the above mentioned link that's already polluted with the typical arguments or you're going to start a new TA strategy thread in which your going to discuss the details of the TA strategy (generalities is ok too) that correlates to the performance of this "Cornix TA Performance" thread.

So far, you're doing exactly what surf & gang thought you would do as in "talk about the performance without the TA" or "talk about the TA without the performance". I'm just extremely surprised there's no objective TA being discussed anywhere here at ET by you that's linked to the performance in this thread while you continue saying the goal of this thread is the prove that TA works.

There's been other "TA works" threads here at ET where the general details of the TA strategy were discussed without revealing the so called edge and it was tied to the threads performance results. The issue with those threads was that they only lasted a few weeks and there barely were any replies...one thread in particular had live videos of each trade as the trader discussed the generalities of the TA in the video. I never saw any surf like comments in those threads...they were oddly not popular in comparison to threads like yours that contains no TA related to the performance results...just the usual the performance will be posted without any TA or the TA will be posted without an performance.

Hopefully, the above question is clear and gets answered about the thread location of the objective TA strategy.

P.S. The above thread link you say in your opening statement the thread is for "debating" to keep the commentary out of this thread. in contrast, you now seem to imply in this thread that same other thread is for objective TA details...do you not see why some of us are confused about this so called objective connection to this thread. ???

I appreciate your feedback and criticism, Wrbtrader and will consider that when find the right time came.

 

[cornix]

Quote from marketsurfer:

WRBTRADER---

as a long time member here, I have never seen nor ever heard mentioned of a thread with live videos of TA set ups. Link please

With that said, WRBs points about this thread are correct. However, It does demonstrate the mind of someone deluded by TA and who really wants to believe in it based on being fed hogwash by Internet mentors. Corn is very sincere, just mislead about the market.




surf

Thanks for supportive words, Surf. I will continue the journal so that we all see what happens, when total number of trades reaches significant sample size to make conclusions.