http://www.elitetrader.com/et/index.php?threads/when-indicators-dont-lag.290422/page-29#post-4106955
He told he will NEVER post realtime trades anymore. For obvious reasons. The fact that he does not post them does not mean they don't exist.
Does Technical Trading Really Work?
- Thread starter Lloyd W. Coutee
- Start date
http://www.elitetrader.com/et/index.php?threads/when-indicators-dont-lag.290422/page-29#post-4106955
He told he will NEVER post realtime trades anymore. For obvious reasons. The fact that he does not post them does not mean they don't exist.
Yeah, i can relate to this----I built my business to run by itself when I had a full time job-- soon the biz made much more than the job so I quit the job, and had tons of free time to study the markets--- it works-- keep at it! But believe nothing you read on here-- lots of folks living fantasy lives on this site--- isn't it obvious?
surf
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I don't mean objective in that way. I mean it in the sense that temperature can be measured on multiple scales and similarly miles and kilometers are both objective scales.
Every variation of any TA technique has it's own unique objective definition. It's objective definition stands as being objective simply by it measuring something using whatever scale it chooses whether the scale makes sense or not the ta is objective when it follows it's own unique but consistent flow. If it's flow or logical sequences contradicts itself then this would disqualify it from being objective ta but this disqualification is unrelated to whether the ta successfully exploits inefficiencies. And disqualification doesn't make it subjective, nor does the fact it has an error where part of the instruction set contradicts another part of it's rules. That only makes that analaysis flawed and thus it can no longer be considered a member of the set we call ta because it's not ta, it's some flawed algo that needs to be corrected before it fits the definition.
In case it's not clear 100 different variations of anything including MACD qualify as 100 different forms of objective ta, regardless of whether any of them have an edge.
ES trading:
That's great but it also describes many of the others trying just as hard and often harder. It's not unique.
For 6 years?! Maybe you're right. I assumed others couldn't put life on hold for as long, but I could be wrong.
Regards.
Like when he went Long in August without a stop and markets collapsed?
August 24th 2015
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Schizo's weak spot is his arrogance, but that's a flaw that market puts in check one day.
His strategy is based on flip trading that Jack Hershey used to advocate, to profit from a market one needs to be in it all the time philosophy. What IAN does is, some bloody how, establish length of a daily swing. That's scientific art!
His strategy is based on flip trading that Jack Hershey used to advocate, to profit from a market one needs to be in it all the time philosophy. What IAN does is, some bloody how, establish length of a daily swing. That's scientific art!
Nice!