If you want to fail as a trader, study TA
- Thread starter The Expert
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Quote from marketnerfer:
The mistrade in PG triggered selling just proved my point that your charts, and TA is meaningless in the face of the real market.
You never know what is going to happen, regardless of the kind of box you try to squeeze the market into.
Informational arbitrage is one of the only edges left...
nerf
I called the Swing Trade short for the S&P and NASDAQ (only ones I prefer to follow) in my Newsletter for Monday and the entry was between 1197.00 & 1192.00. The Swing trade is still short. That when out to over 400 verifiable people on Saturday. Intraday our charts triggered the first short at 1:36:36 EST today, exited at 2:25:45 EST today, re-entered at 2:28:55 EST today, exited again at 2:38:04 EST today, re-entered short the last time at 2:39:04 pm EST with a final exit at 2:46:42 PM EST.
Hows that Euro Long doing for you. Let's see you shorted it at 1.3666 and its now 1.2635 . . . .
over 1000 pips upside down . . . what a loser!!!
Quote from Pekelo:
Are you talking to MarketNerfer I mean Surfer?
I think we're talking about most of the major poster-posers here!
Quote from marketnerfer:
more ridiculous claims of hindsight grandeur.
too bad:
<i>
Pursuant to rule 11890(b), NASDAQ, on its own motion, will cancel all trades executed between 14:40:00 and 15:00:00 greater than or less than 60% away from the consolidated last print in that security at 14:40:00 or immediately prior. This decision cannot be appealed. NASDAQ has coordinated this decision with all other UTP Exchanges. NASDAQ will be canceling trades on the participantâs behalf. The stocks affected and the break points will be disseminated shortly.</i>
Ridiculous claim?
The swing trade was called almost 2 days in advance moron.
The NASDAQ is canceling STOCK trades not FUTURES trades moron and even IF they rescinded the FUTURES trades, by your own post the only trade I triggered that would be recalled is the last one.
As stated earlier . . . every time you post your complete lack of intelligence shines though. IMHO, it had to be a complete moron, like yourself that hired you to trade for their hedge fund.
Quote from marketnerfer:
more ridiculous claims of hindsight grandeur.
too bad:
<i>
Pursuant to rule 11890(b), NASDAQ, on its own motion, will cancel all trades executed between 14:40:00 and 15:00:00 greater than or less than 60% away from the consolidated last print in that security at 14:40:00 or immediately prior. This decision cannot be appealed. NASDAQ has coordinated this decision with all other UTP Exchanges. NASDAQ will be canceling trades on the participantâs behalf. The stocks affected and the break points will be disseminated shortly.</i>
Yo butt munch . . . ES just broke back through 1100 and my swing trade is still short. My Intraday re-executed short as well 10 minutes ago at 10:17 EST & I just covered at 1097.00 on the intraday.
OK then, a few words are required, as this thread is getting a bit stupid:eek:
1. The longer your money is in the market, the longer your money is at risk.
2. Never believe what ANYONE says until you have PROVEN it to yourself.
3. ALWAYS be prepared for when the opportunity arises, and TAKE the GOOD money off the table when YOU have it.
4. WRB's are always followed by NRB's
5. NRB's are always followed by WRB's
6. TIME = MONEY
7. In FAST moving markets MAKE SURE you have fast moving FINGERS
8. ALWAYS think BEFORE YOU ACT
Summary:
Most people try and justify the unjustifiable, either because they are ignorant, or they are trying to make some money out of it.
Trading IS gambling, and, if you learn HOW TO gamble CORRECTLY you can, and WILL, make some GOOD money.
TA is nothing more than the opinions of some people put into a re-usable form for others, and, as such, needs to be treated in the same way as everything else - i.e - No. 2 above.
If you find it is not making you any money, then, YOU MUST ignore it and move on.
The Expert will re-gain control of this thread, and deal with the silly posters as soon as he has some time, but, for now, there is plenty of fast finger movements to carry out
Remember, when the opportunity arises for making GOOD money, then you concentrate on that alone, and forget everything else, as 99.99% of it is bull s.h.i.t. anyway
TE
1. The longer your money is in the market, the longer your money is at risk.
2. Never believe what ANYONE says until you have PROVEN it to yourself.
3. ALWAYS be prepared for when the opportunity arises, and TAKE the GOOD money off the table when YOU have it.
4. WRB's are always followed by NRB's
5. NRB's are always followed by WRB's
6. TIME = MONEY
7. In FAST moving markets MAKE SURE you have fast moving FINGERS
8. ALWAYS think BEFORE YOU ACT
Summary:
Most people try and justify the unjustifiable, either because they are ignorant, or they are trying to make some money out of it.
Trading IS gambling, and, if you learn HOW TO gamble CORRECTLY you can, and WILL, make some GOOD money.
TA is nothing more than the opinions of some people put into a re-usable form for others, and, as such, needs to be treated in the same way as everything else - i.e - No. 2 above.
If you find it is not making you any money, then, YOU MUST ignore it and move on.
The Expert will re-gain control of this thread, and deal with the silly posters as soon as he has some time, but, for now, there is plenty of fast finger movements to carry out
Remember, when the opportunity arises for making GOOD money, then you concentrate on that alone, and forget everything else, as 99.99% of it is bull s.h.i.t. anyway
TE
Quote from The Expert:
OK then, a few words are required, as this thread is getting a bit stupid:eek:
1. The longer your money is in the market, the longer your money is at risk.
2. Never believe what ANYONE says until you have PROVEN it to yourself.
3. ALWAYS be prepared for when the opportunity arises, and TAKE the GOOD money off the table when YOU have it.
4. WRB's are always followed by NRB's
5. NRB's are always followed by WRB's
6. TIME = MONEY
7. In FAST moving markets MAKE SURE you have fast moving FINGERS
8. ALWAYS think BEFORE YOU ACT
Summary:
Most people try and justify the unjustifiable, either because they are ignorant, or they are trying to make some money out of it.
Trading IS gambling, and, if you learn HOW TO gamble CORRECTLY you can, and WILL, make some GOOD money.
TA is nothing more than the opinions of some people put into a re-usable form for others, and, as such, needs to be treated in the same way as everything else - i.e - No. 2 above.
If you find it is not making you any money, then, YOU MUST ignore it and move on.
The Expert will re-gain control of this thread, and deal with the silly posters as soon as he has some time, but, for now, there is plenty of fast finger movements to carry out
Remember, when the opportunity arises for making GOOD money, then you concentrate on that alone, and forget everything else, as 99.99% of it is bull s.h.i.t. anyway
TE
My apologizes in being a part of disrupting your psychosis. Your lack of participation has added to the neurosis though. I will depart and wish you well toward getting your medication stabilized.
I do not know, or care, who you are, or what you do, for, it is obvious by your silly posts that you know very little about trading, but, being as YOU are, YOU can not even see how how stupid you look
Now, go away and sell some more newspapers, and when you are at it, bring the dead dog with you, for he is starting to smell, and any other decaying organisms
You and your like are SO PREDICTABLE
TE - Status