hmm.no edges in the markets

[R. Raskolnikov]

Do you want to talk trading or do you plan to continue demanding things?

How do you trade?

Quote from galvinlee888:

This is the answer that i expected from those "TA expert"

 

[galvinlee888]

Quote from sheda:

http://www.2shared.com/photo/3WPo7db-/OVTI.html


So you are admitting here that there was no way you could have made money, more money than you lost, with the above chart? You do not see a single thing on that chart that could have been acted upon as it was Developing, the only possible use you can make of it, is not to trade, but to describe, after the fact?

Story teller on the chart after the fact..

 

[Tonkadad]

Quote from marketsurfer:



Understand, if the quants could see them, the patterns would quickly vanish as they would be arbed out of existence---

surf

Are you serious about seeing the patterns? Can you see them after the fact on a chart?

If you don't think there are patterns then I guess this next part won't make much of a difference to you, but how do you know that the "quants" aren't the ones that influence the direction of a security at those potential PA/TA hot spots? Support/resistance, doubletops/bottoms, triangles, flags, trendline touches, etc.....

When you think about it, the quants want people to believe in patterns and its to there advantage to keep the patterns going. If when a potential double top starts to form and some of the traders that are long decide to take profits and countertrend traders decide to get short and other traders on the sideline are just about ready to pick a side, seems like a lot of potential to make money, for quants big boys, institutions, etc....

What if the market is so big and with so many different players on different time frames and different investing objectives that no one group can for any amount of time control a liquid security. So when price reaches a potential support area instead of price holding it keeps dropping, maybe that time the quants were in control.

Maybe the patterns can't be arbed out of existence or because they are the perfect place to make money they aren't going to kill the goose.

What if the PA/TA trader is the pilot fish (PF) to the shark, the PF doesn't tell the shark where to go, it just follows them around and eats the scraps.

 

[sheda]

Uh yea, the question was do you as an individual see any thing that would have allowed you to take part in that story as it was developing?

I take it the answer is no, so you are the third member of elite trader to admit they can not trade a simple moving average in a clear trending market, today alone.

Quote from galvinlee888:

Story teller on the chart after the fact..

 

[R. Raskolnikov]

It's easier for people like GalvinLee to criticize rather than doing any sort of analysis. I guess we should be thankful most of these clowns are lazy.

Quote from sheda:

Uh yea, the question was do you as an individual see any thing that would have allowed you to take part in that story as it was developing?

I take it the answer is no, so you are the third member of elite trader to admit they can not trade a simple moving average in a clear trending market, today alone.

 

[galvinlee888]

Quote from sheda:

Uh yea, the question was do you as an individual see any thing that would have allowed you to take part in that story as it was developing?

I take it the answer is no, so you are the third member of elite trader to admit they can not trade a simple moving average in a clear trending market, today alone.

Make live calls to show that you can make REAL money using the SMA.

After the fact story teller don't count and don't have any credit.

 

[sheda]

I dont want credit with you, I asked if You could trade it, the answer is no, so off to the surf camp you go. Sorry kid.

Quote from galvinlee888:
Make live calls to show that you can make REAL money using the SMA.

After the fact story teller don't count and don't have any credit.

 

[jack hershey]

Quote from galvinlee888:

Make live calls to show that you can make REAL money using the SMA.

After the fact story teller don't count and don't have any credit.

Many people have made live calls for years on ET. After the calls they posted their prints.

If you wish you can do searches to answer your present dilemma.

MS saw all those threads, invited those traders to his parties, talked to those traders at the parties and did not understand a thing they said to him.

Others at the parties did talk to those traders who made calls and posted prints and got to discuss the merits of an assortment of trading methods.

 

[galvinlee888]

Quote from sheda:

I dont want credit with you, I asked if You could trade it, the answer is no, so off to the surf camp you go. Sorry kid.

I make money in trading, but not TA. I learn the the "real" skills from my previous firm, and none of them using TA. We look at chart but never trade on them.

What I hate most is over years those "TA experts" are bringing false hope to the newbies that TA works without any proof.

Everyone can talk and be the story teller on any chart after the fact. Live call is the only way to proof you speak on what you do. Not empty talk

 

[R. Raskolnikov]

"Real" skills from your previous firm? Prove it.....otherwise it's sounds like empty talk. Does this sound familiar?

Quote from galvinlee888:

I make money in trading, but not TA. I learn the the "real" skills from my previous firm, and none of them using TA. We look at chart but never trade on them.

What I hate most is over years those "TA experts" are bringing false hope to the newbies that TA works without any proof.

Everyone can talk and be the story teller on any chart after the fact. Live call is the only way to proof you speak on what you do. Not empty talk