If you want to fail as a trader, study TA

[The Expert]

Quote from HiF trader:

You said nothing here that isn't the most basic and well known,

OF COURSE

 

[The Expert]

Quote from HiF trader:

I learned nothing from you how to trade

YOU SAID NOTHING HERE

OF COURSE

 

[The Expert]

Quote from Bolimomo:

I don't know if you, Mark, cited the OP's statement by agreeing with him (presumed) "The Expert" or you just said it sarcastically.

I find these kinds of blanket statements all bull craps.

If you have read "Fooled By Randomness"... this is like saying without qualification, that "All swans are white". All one needs to prove the statement wrong is to find one black swan even though millions of swans are observed to be white.

I myself am one exception to your blanket statement.

I use TA alone. Not only charts. Whatever your original intent was. I use all kinds of indicators as well. I like indicators.

I don't read any fundamental. z z z.
I don't watch any TV in real time. z z z.
I don't subscribe to any news feed.
I don't join any chatroom.
I am not a Wall Street professional and I sure don't have access to see order flows.

Yes am what they called a screen monkey and I stare at price charts all day in front of many monitors to trade.

I have been trading for a living full time for the past 4 years by reading charts and indicators alone. Say what "The Expert" say all you want. I know who I am.

I found that what "The Expert" said (and I highly suspect that you The Expert *ARE* The General) has some merits. But blasting people like myself who uses charts and indicators alone to trade is simply annoying - no less than those who kept saying *nobody can succeed in day trading* or *1-minute charts are nothing but noise* kind of childish generalizations.

 

[The Expert]

Quote from Gubinec:

Why does this monkey not even make an effort to conceal that he is the same person who started that other thread named "obvious not so obvious"?

Why change your nick, monkey?

It's as obvious as day that you don't know jack shit more about trading than any parasitic troll here.

Feel free to prove me wrong by posting a prediction for any stock you want.

Until then, you are just a good ball-buster and all advice you shelled out thus far under ALL your nicks is worthless as much as it is obvious.

TOMORROW, THE S&P 500 INDEX WILL MOVE

 

[The Expert]

Quote from odlareg:

Something about the baby in a warm place and the butterfly. Even the fingerprint (egg shape) and the golden egg. Narrow expanded narrow(egg shape). Is the baby (bird) in the egg? Waiting till time tells to fly/move away?

Childs play: is it kids skip (jump over)?

The Generals start to operate. They need stocks. The MM starts the hoover to swallow stocks/stops outside the range. It widens till all is hoovered. Then it narrows. No more stocks in the egg range/box. This leaves a footprint at the chart.

AR + BE + Price Exit = GM?

We need the monthly and weekly ranges to find the pattern? Months and weeks are random time periods. So with looking at more/both we have more chance of recognizing?

Yes MK, now i understand. I thought TE had asked you in the social group to watch some video or something. As i did not entered the Social group due to language problems i thought i was behind in knowledge.

At last, a SERIOUS post

PE = PATIENCE

Shortly, we will start to LOOK at what The Generals look at

Wait and see all the TA Gurus surfacing

 

[The Expert]

Quote from Pekelo:

And there are no black swans either.

By the way let's say 37% is still a probability. Not a good one (well, depends on the event), but you said by any probability, so you are clearly wrong...

Can we close this thread now?

The Expert's thread is ONLY STARTING

 

[The Expert]

Quote from goldboy:

wow. This is one strong cult. The ta cult is quite humorous.

tHe facts are that no succesful money manager uses TA.deciet and trickery are mainstays of these predators. It's unreal that some believe what they say!!

if you think a money manager is going to tell anyone the truth about how they trade. You really have no clue and are more naive than your post lets on

once again. Why isn't ta taught as a prime method in prop shops?

However is taught by those who profit from your losses? Such as fx dealers.

As a retail trader. The truth is all you have is money management and luck. Keep on plunging ,some of you will make it!!

YOU were doing fine until you mentioned the "luck" word:eek:

 

[The Expert]

Quote from Traduk:

That stock is Becton,Dickinson & co. (BDX) and the wide range day was due to the report of 2nd qtr results. They were a mixed bag and initially caused an up move to strong resistance at a prior gap closing high. The inside day that followed is indecision but as the longer term chart shows a down-trend I would favour a continuation.

TE you are continuing with your cherry picking of stocks as you showed on the UK site. You claimed to screen for large range low cost stocks but for examples show one off special situation stocks that could not have met your screen criteria and in this case a high value stock that will limit gearing. 76 Dollars is not really going to give stock numbers that give much leverage to many because I cannot see large numbers of daytraders lining up to buy\sell 2000 lots. Actually the volume numbers do not show much day trading activity which probably reflects the lack of cost efficiency.

Inconsistency was the only consistent factor in your posts on the UK site and as your position moved further and further towards self ego enhancement without any substance in giving, you goaded the moderators into banning you. You are easily recognisable as the general in a previous incarnation on this site and have been recognised on another site.

Again you have chosen the psychology section which I think is somewhat more than a Freudian slip on your part.

I AM "THE EXPERT"

 

[The Expert]

Quote from Blotto:

Why do you think you are entitled to be given calls?

The other week I was "challenged" to give calls to prove to others I knew what I was talking about. Ironically I had already given several correct live calls in another thread on another market, because I can, however this was not enough. The individual in question wanted calls on the market he likes to trade. You really can't please everyone.

I could post twenty correct trades in a row, with entries and targets posted in advance, on ES or CL or anything else. People would still give the same crap. It would achieve nothing. At the end I would be "challenged" to do another twenty, to prove it was not a fluke and so on.

What is funny is that you people think that truly expert traders are somehow required to demonstrate to you their proficiency. Actually it is you lot who have not shown any capacity for independent thought who are required to prove to us that you are worthy to be shown anything of value.

Give not that which is holy unto the dogs, neither cast
ye your pearls before swine, lest they trample them
under their feet, and turn again and rend you.
-- Matthew 7:6

ONLY

"those who are willing to help themselves, and others"

 

[The Expert]

Quote from trackstar:

I can see you are trying to help others see the "obvious". (which I cannot see) Lets go back to the chart of BDX. The wide range bar didnt encounter sellers until the swing high of a few days back. It also opened with buying at the low. The narrow range bar started back down toward the low of the WRB and has also made the highest low in 3 bars. Another observation of this narrow bar is that the range is so narrow but the volume or interest in the stock at this level was relatively high for such a small range.

What would you have done if I had decided to tell you that there was a 90% chance BDX would test the low of the WRB

Would you have 5000 shares ready to go Long, or, would you be waiting to Short it:eek: