Is this TA?

Eddiemorra said:
How do you know who to listen too, though?
On trade2win, you know who the good traders are, because they post lots of realtime calls most days, but on elitetrader, the ones who claim to be experts never demonstrate it.
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Most (not all) of ET experts have demonstrated in the past via real-time calls and/or brokerage statements. The problem is that most of them stop posting here at ET several years back or they've changed their user names and no longer post real-time calls and brokerage statements via the new user name...a lot of them were stock traders (e.g. lescor).

Note: Future traders didn't show up on these threads until the latter years after being challenge by the stock traders. Many of the futures traders back in those days stayed within their own "journals" instead of participating in the "Trader P/L" threads.

Just go and check out the old threads here called "Trader PnL" threads (e.g. 2014) and "Trader P/L" threads (e.g. 2013, 2012, 2011, 2010, 2009, 2008, 2007, 2006, 2005) and the old "ES Journal" threads. You'll see many names from those threads that contain real-time calls and broker statements...those names show up again in recent threads about whom are ET's top traders.

Funny thing is this. Most of those being labeled as gurus here at ET today...they didn't post real-time calls and brokerage statements in those threads mentioned above except for a few. In contrast, its the controversial members (the ones always debated about) that get that "guru" label.

Note: I think there's a problem here that an ET member is not called a guru here at this forum unless they've been controversial about your content or you used the TA/PA word. In contrast, those of the past that posted live calls and statements...they didn't use the TA/PA word like many today even though they were using TA/PA...seems weird but that's how it is here at ET.

To much focus at this forum on the TA/PA and not enough focus on other educational content that has more impact on one's trading...my favorite types of education content (e.g. discipline, psychology, risk management)...many of these topics were discussed here by those that posted real-time calls and brokerage statements in the past...a lot of them really didn't discuss specific details of their trade signal strategies. I'm ok with that because I was more interested in info about discipline, psychology and risk management beyond generalities.

The other problem is that most of the old timers from the past do not post here anymore. Yet, their posts and education content remains here at ET.

Thus, I think the mistake being made by new members like you is that you're trying to learn or view new content here at ET or you're having conversations with active members of today that are controversial when most of the good content has already been posted many years ago by many members that are no longer active here.

Simply, you really have a choice...you can view today's content by controversial members that were labeled gurus or view yester-years content by folks that did not get labeled as gurus. Easy to know whom they are via visiting the old threads by those that consistently posted real-time calls and brokerage statements. You can then click on their user name and view the education content they posted in other threads outside of those journal threads.

Its a strong opinion I have that if you're trying to learn from others, you really got to read the old content and get good at using ET search button.
 
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oil3.png
 
I'm guessing the idea is that price will very likely at some point return to the blue line.
During the red bar traders large enough to stop and reverse price got long looking for higher prices. Since the red bar oil initially went higher and then fell to put those that didn't bank underwater. So the traders who can move price will likely now push the price up to the blue line to allow them to sell and net out the position.
 
wrbtrader said:
Most (not all) of ET experts have demonstrated in the past via real-time calls and/or brokerage statements. The problem is that most of them stop posting here at ET several years back or they've changed their user names and no longer post real-time calls and brokerage statements via the new user name...a lot of them were stock traders (e.g. lescor).

Note: Future traders didn't show up on these threads until the latter years after being challenge by the stock traders. Many of the futures traders back in those days stayed within their own "journals" instead of participating in the "Trader P/L" threads.

Just go and check out the old threads here called "Trader PnL" threads (e.g. 2014) and "Trader P/L" threads (e.g. 2013, 2012, 2011, 2010, 2009, 2008, 2007, 2006, 2005) and the old "ES Journal" threads. You'll see many names from those threads that contain real-time calls and broker statements...those names show up again in recent threads about whom are ET's top traders.

Funny thing is this. Most of those being labeled as gurus here at ET today...they didn't post real-time calls and brokerage statements in those threads mentioned above except for a few. In contrast, its the controversial members (the ones always debated about) that get that "guru" label.

Note: I think there's a problem here that an ET member is not called a guru here at this forum unless they've been controversial about your content or you used the TA/PA word. In contrast, those of the past that posted live calls and statements...they didn't use the TA/PA word like many today even though they were using TA/PA...seems weird but that's how it is here at ET.

To much focus at this forum on the TA/PA and not enough focus on other educational content that has more impact on one's trading...my favorite types of education content (e.g. discipline, psychology, risk management)...many of these topics were discussed here by those that posted real-time calls and brokerage statements in the past...a lot of them really didn't discuss specific details of their trade signal strategies. I'm ok with that because I was more interested in info about discipline, psychology and risk management beyond generalities.

The other problem is that most of the old timers from the past do not post here anymore. Yet, their posts and education content remains here at ET.

Thus, I think the mistake being made by new members like you is that you're trying to learn or view new content here at ET or you're having conversations with active members of today that are controversial when most of the good content has already been posted many years ago by many members that are no longer active here.

Simply, you really have a choice...you can view today's content by controversial members that were labeled gurus or view yester-years content by folks that did not get labeled as gurus. Easy to know whom they are via visiting the old threads by those that consistently posted real-time calls and brokerage statements. You can then click on their user name and view the education content they posted in other threads outside of those journal threads.

Its a strong opinion I have that if you're trying to learn from others, you really got to read the old content and get good at using ET search button.
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Have you considered the possibilities that they either A: are no longer profitable due to computer-based institutional trading or B. are no longer profitable due to other factors?

It's quite odd you'd be an apologist for Al Brooks if you "was more interested in info about discipline, psychology and risk management beyond generalities".
 
Eddiemorra said:
I'm guessing the idea is that price will very likely at some point return to the blue line.
During the red bar traders large enough to stop and reverse price got long looking for higher prices. Since the red bar oil initially went higher and then fell to put those that didn't bank underwater. So the traders who can move price will likely now push the price up to the blue line to allow them to sell and net out the position.
More...

if that is the case Eddie then anyone who shorted in the last 16 or so hours will have been sold a dummy.
 
Q3D said:
Have you considered the possibilities that they either A: are no longer profitable due to computer-based institutional trading or B. are no longer profitable due to other factors?

It's quite odd you'd be an apologist for Al Brooks if you "was more interested in info about discipline, psychology and risk management beyond generalities".
More...

I think you're a little confused because you've choosen to only look at a piece of the puzzle intentionally. For example, if you know my post history...I do not support Al Brooks. Just the opposite but you would have only known that had you read more than just a few weeks of info. In contrast, I have an issue with traders that don't understand TA or believe they can learn TA only and ignore all other aspects of the trading plan...traders that think they will be profitable if they learn someone's trade method (including Mr. Brooks) and then trade without a complete trading plan as if the trade method will compensate for all the other missing pieces from a trading plan. :cool:

Therefore, you should re-read very carefully the concepts I was talking about because they have nothing to do with Al Brooks...very similar to my most recent post in this thread. Nothing to do with Al Brooks and I don't even think Al Brooks is a member of ET.

With that said, answering your questions, past ET members (e.g. lescor) involving the specific threads I've outlined in my prior post in this thread...some members have moved on to other forums, some have moved on to stocktwits.com, some called it quits because of changes in regulations and exchange rules, some blew up, some have died, some moved to jobs in other areas of the industry (e.g. hedge fund manager), some changed user names and then became inactive, and others just vanish with no particular reason what so ever.

They are the ones that posted real-time calls and/or brokerage statements along with consider as ET's top traders. They are the ones that have posted in my opinion some of the best education content at this forum. Yet, it seems like members prefer to only look at "most recent" content.

Now getting back to Al Brooks that had absolutely NOTHING to do with my prior message, I use TA but I have a strong interest in discipline, psychology and risk management and many other aspects of a trading plan. Simply, I can (have) discuss just about anything involving trading as noted in my posting history (e.g. TA, PA, discipline, psychology, risk management, stress management, capitalization, economics, tax, institutional trading, Universities with trading programs, business of trading, trolls, sports analogies to trading, volatility, Bloomberg, CNBC, Japanese Candlesticks)...

Many of which I've had more discussions than the discussions I've had about Al Brooks.

Further, the fact you immediately thought about Al Brooks in your reply to my discussion about another topic proves my point...new members seem to be content on what has been posted most recently instead of reviewing the past for proper context.

Last of all, as a reminder from my prior post that you overlooked, all the education content I'm interested in has already been posted by past members involving discipline, psychology and risk management. I haven't read it all but I have read a lot of it and will continue doing so.

I'm a strong believer that successful trading involves more than just trade signals.
 
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