Did DB and the Price Action Scribblers Throw in the Towel?

I think you guys have them on ignore. If you did not, you'll know they've posted almost every day here at ET.

Db posted today at ET, two others posted today at ET, today I saw 15 price action traders (not Wyckoff) post live calls on stocktwits...most usually profitable, today two others posted at ForexFactory.com

Also, today, I saw 5 Wyckoff/AMT traders post live calls on stocktwits. Some of them mixes in fundamentals and good money management...once in awhile I see them talking about those other things they use in their trading with the price action analysis.

By the way, the next Salon du Trading competition is around the corner in September...a few price action traders in that tournament. The Forex competition completed in Juin. One of the top 3 finishers is a price action trader.

Competition is a real money audited trading with live judges in front of a live audience...trading platforms put on a big screen for every one in the audience to see and ask live questions even when trades are open.

I've never seen...

Don't believe the myth. It's a big world out there online. Surely you haven't met everyone. :cool:
 
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The markets are very liquid and offer endless opportunities every single day. If these PA folks were really successfull, they would per definition be millionaires a long time ago and they would certainly not be selling e-books or spend their time "teaching" on a forum day after day.

Are they profitable? Do they make a buck?

That may very well be. I just don't think they're making it big time and I'm not even sure they're beating the market. :)

Of course, that's not to say I don't believe in TA, which I obviously do.
 
I've also noticed a fluctuation in both the posting quality and quantity of users here on ET. It seems like there is a big influx of new traders every autumn.

Would be nice to see some charts of aggregated posting frequency, and overlay the VIX.
 
stillgrinding said:
I would join the PB boat club if I didn't have my own dock. You can use a variety of different boats which, I think, is a plus. I have a friend who is a member of a local club and he seems very happy.
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Thanks! I was on my way there to join several months ago, then got nervous about getting ripped off, and turned around. I appreciate the insight--- have fun in the islands! surf
 
Tavurth said:
I've also noticed a fluctuation in both the posting quality and quantity of users here on ET. It seems like there is a big influx of new traders every autumn.

Would be nice to see some charts of aggregated posting frequency, and overlay the VIX.
More...

Great observation and idea-- the VIX overlay would be very interesting
 
marketsurfer said:
For people who claim to be skilled traders, they sure have thin skin and the weakest ones are the most verbal.

surf
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They need to show results in real time so their veracity can be ascertained. They don't like these questions to be put forth.
 
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