Quote from bigbadbaz:
Nope, I merely propose any simple profitable method.. doesn't have to be mine.. it wont suit everyone.. we are all different
In truth mine isn't even a method.. I merely reminded people how to use the MACD correctly because it had become fashionable to forget the zero line represented momentum and quite a few traders were wondering why some signals failed
You see here's the thing.. you make money in this game primarily through money management and good trading psychology.. the method is a bit of a joke because it represents a very small percentage in determining success.
My best trades (when MACD looks best) merely reflect price action, forget method, it will bog you down.. the brain is faster than any system, any method and any computer.. you will know when to trade if you have the confidence and money management.. MACD is like my security blanket.. I shouldn't even have it on the chart but like all guys I still enjoy sucking at a teat.
Thats why you need a simple method, complicated merely takes up resources that must be spent on MM and psych
Jack is leading the blind to ruin because he wants to be a guru.. but he has never made a cent and is forced to live off his girlfriend who actually works
He has put his ego before the interests of those who follow him..
It's the classic ego inflation of the talentless and insecure elder man who has failed in life and is trying to redeem himself at the expense of others
