Fortunately, being the man of integrity that you are, you wrote two reviews. After reading the book, of course.
Film Reviews: "Broke: The New American Dream"
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Great, I look forward to these opinions. Which will never be provided, obviously, from unbiased sources. well, even biased sources have never shown up to defend this supposed research and multi hundred dollar handbooks/seminars. I will believe it when I see it.
surf
where are your trading picks? the wizard can't come out from behind the curtain?
you would do well by listening to a real pro trader talk about things like TA and by default your claims of trading perfection:
http://elitetrader.com/vb/showthread.php?s=&postid=2577665#post2577665
regards,
surf
and while your reading the article, buy a copy of the film. I think you will enjoy it!
http://edge.affiliateshop.com/public/AIDLink?AID=103735&BID=13213
Funny how everyone is afraid of market crashes and promoting movies about being broke while the market in the last six months went nowhere but up. By the way I was expecting this movie to make it to the kind of theaters that show documentaries, but it did not. I have to go my way out to see it, not going to happen. I like Michael Covel and bought his books, but maybe this time he should have talked to Michael Moore to make a better documentary.
Quote from marketsurfer:
where are your trading picks? the wizard can't come out from behind the curtain?
I've never turned down a challenge.
Allow me to post my trades in "Surf Report" and I'll be more than glad to show some of my swing and intraday trades for a month.
You keep the riffraff out and all I want is a 1/16 page personal apology from you in the NY Times after 30 days trading. I will even let you deem whether the trades were worth an apology. I know you will be fair because if you aren't you won't be able to show your face in here again.
Of course you will be expected to scan a copy of the apology for all of ET to view.
Ready to put your EGO where your mouth is?
The problem with your "pros" are that they are all lazy like you are. They trade from a volume standpoint . . . period. Half of them throw money at something until it is bound to move in their direction for a bit. Just long enough to take a profit. The other half beat themselves up digging up fundimental analysis so they can catch a nice move or two in a market or a stock.
The are totally incapable of original thought . . . just like you. They trade based on the premise that the bulk of the rest of the individuals participating in these markets are clueless and they are correct but there are a handful of us that have broken out of the sterotype of mindless idiots like you are stuck in. You are a sheep that still believes that these "pros" have a better way to trade than anyone else can ever be expected to come up with.
The average joe trader doesn't have those volume advantages like your lazy "pros". One, he doesn't have the capital to throw around to move something enough in his direction to earn a daily living and they don't have the time, patience or resources to handle the fundimental analysis to stay on top of things. That leaves using their brain to try to figure out a consistent way to pull a living out of the trenches each day, week or month.
Some of have done just that and done quite well. The problem with that is that it pisses the shit out of you because you can't catch a decent trade to save your life. You keep a death grip on those old dead methods. Well you keep on hold in on to them while the rest of us move into the 21st century.
The problem is you are so scared to death to test anything yourself for fear you will see that your were wrong. Dead wrong. Your fragile world would come crashing down around you and you just couldn't deal with it. It is an absolute shame you are such a lemming.
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