If you want to fail as a trader, study TA

[schizo]

This thread is akin to a free trading workshop. Same shit, different morons (or gurus for that matter).

These gurus never explicitly tell you how to make money since they don't know. If they did, they surely wouldn't be offering it for free. But they'll go out of their ways to rehash the same old outworn examples from Trading 101. Should the student lose money, however, they're reminded that the fault lies with the student's lack of understanding.

So here's a little tip for you gullible traders. Always ask for a verifiable track record that proves these gurus really know what the hell they're talking about. Same thing here as well. Why should you take everything TE says at face value? He's done enough talking. Isn't it about time you find out whether he can walk the walk?

 

[Mysteron]

Quote from ProfLogic:

So it's acceptable for TE to revert to name calling, belittling comments and being just plain rude but it's not acceptable for me to make a simple snide remark?....

You responded emotionally with a personal attack which was not "a simple snide remark".

You've taken up a position now as if ready for battle. Frankly, I'm not interested in arguing. I gave an opinion - so take it or leave it.

 

[The Expert]

Quote from Mysteron:

You responded emotionally with a personal attack which was not "a simple snide remark".

You've taken up a position now as if ready for battle. Frankly, I'm not interested in arguing. I gave an opinion - so take it or leave it.

MN, as TE has mentioned many times over, it pays to be able to quickly distinguish between those that know what they are talking about, and those that do not

If anyone cares to read what has been written, then the contradictions are very clear indeed

It was easy to PREDICT that the psyco would jump in, for that is how the losers act all of the time

BTW, your interpretation of TFF is indeed correct, for, TE has said it many times, but, as usual, most do not read between the lines, as they KNOW IT ALL already

There are very few traders that KNOW the best and fastest way to making GOOD money, and we are indeed strange, loving every little minute of it

Who ever approaches the trading game with the mindset of learning from their own mistakes, well, lets just say they are in for a very long and painful journey, a road with no real end in sight, but, we say, LET THEM AT IT

BTW, did you notice how habitual the psycos are

TE

 

[The Expert]

Quote from LEAPup:

So everything Gann did was useless?

Who gives a shite what gann did, or did not do

If you draw enough lines on a chart, the price is BOUND to hit one of them

As we keep saying, those that NEED a reason do not know the answer to the riddle of the markets

 

[The Expert]

Quote from Fibbin-Archie:

funnily enough, as I left my charts open from earlier, I noticed exactly such a spike on EURUSD and managed to sell at the top (fingers crossed I'm not tempting fate by saying that). I have a 5 point risk and an openISH objective, any kind of pull back into the range will be a nice little earner.

I just happened to log back on by chance exactly as it was happening.

You should be out by now, automatically, and back in below the lower spike, with a small stop.

 

[Fibbin-Archie]

Quote from The Expert:

You should be out by now, automatically, and back in below the lower spike, with a small stop.

Mate, that spike was like lightning seriously, I saw the price move down to 2682, took my eyes off the screen for a second coz there was a pesky moth in the room, looked back and it had already spiked back up (a tut and a head shake and needless to say the moth is now history).

It's congesting but still showing a down trend. My stop is now at BE. I've got SMS alerts set (as I've placed the limit at 2625, and I'm not 100% sure it'll reach that).

I'll take a wild stab that it'll run down overnight, but I reckon we'll be making a new high going into the weekend.

Technically speaking, now it's closed over 2675 on the dailys (broken TL) short to mid term bias has changed slightly and the next key inflection level is 3000.

PS. (you'll love this bit TE) it touched the 50% fibo right to the tick...

PPS. exits for me are the most challenging aspect of trading.

 

[ProfLogic]

Quote from Mysteron:

You responded emotionally with a personal attack which was not "a simple snide remark".

You've taken up a position now as if ready for battle. Frankly, I'm not interested in arguing. I gave an opinion - so take it or leave it.

If you think that was an emotional personal attack then you have never read many of my posts.

I asked TE civil, honest, direct questions when this thread began and got snide remarks, silly statements or no answer at all from the very beginning so you need to regroup.

In regards to your closing statement . . . my comment was directed at TE in the first place so if you don't wish a response don't jump into something that wasn't directed toward you in the first place.

 

[ProfLogic]

Quote from The Expert:

MN, as TE has mentioned many times over, it pays to be able to quickly distinguish between those that know what they are talking about, and those that do not
If anyone cares to read what has been written, then the contradictions are very clear indeed
It was easy to PREDICT that the psyco would jump in, for that is how the losers act all of the time
BTW, your interpretation of TFF is indeed correct, for, TE has said it many times, but, as usual, most do not read between the lines, as they KNOW IT ALL already
There are very few traders that KNOW the best and fastest way to making GOOD money, and we are indeed strange, loving every little minute of it
Who ever approaches the trading game with the mindset of learning from their own mistakes, well, lets just say they are in for a very long and painful journey, a road with no real end in sight, but, we say, LET THEM AT IT
BTW, did you notice how habitual the psycos are
TE

You are absolutely correct. It is obvious from your sidestepping every direct question asked of you where you stand in the knowledge pool . . . the shallow end, close to the drain.

No respectable person, instructor or not of any kind would ever addresses themselves, even when representing a group, in the 3rd person.

Please continue to enlighten these brilliant young minds with your vast experience, mind games and non descriptive price charts. Those of us that actually trade for a living and have done so for many years can always use the influx of new money you generate from your followers taking positions opposite our winning trades.

If you are going to insult someone, at least come up with something unique and get the spelling correct. Remember, you are suppose to be perfect and infallible right.

 

[amplituda]

TE,
Finally, after 200 pages there is some indication of trade examples and thinking. Aren't you proud of yourself? If not, you should be. It's a big step for you.
Keep it up!!!
amp.

 

[Fibbin-Archie]

eurusd short closed +35 pips