Michael J Parsons -- Author of Channel Surfing/Balance Dynamics/Reversal Dynamics

Lol. No need to get into any deeper discussion of epistemology.

My point is for all our thinking objectivity vs subjectivity the picture is not so clear. How many times has science declared something to be so and a fact and later had to change it's opinion?

In trading we often "think" our system is scientific and objective when it really is less objective than we think.

My point is that regardless of how objective we think our trading systems are they are all somewhat subjective. To some degree, because we all have prior knowledge and any interpretation of data is going to have to be filtered through our present knowledge ...wv..experiences..bias concious, and unconcious. Science has often changed it's opinion. Nearly all forms of interpretation is subject to some sort of subjectivity.

Trading by it's very nature is subjective and cannot be 100% mathmatical or all that we would need is the correct equation or formula and presto we would all be highly successful traders.

I have never read thru parsons book or books and in fact don't recall ever hearing of him until on ET so I don't know about his "surfing" but we once had a dude on here that went by market surfer. I think he wrote a book calked "Beat the Machines." If I recall correctly he like to say market is going to do this and that etc "guaranteed". He often referred to "market drivers" He finally left. In defeat I think.
The book"
Beat The Machines: An Investor's Guide To Winning In Today's Financial Markets - by marketsurfer on Booklaunch.io | Booklaunch.io

The man (from 2019)"
David Goodboy’s Palm Beach Hedge Fund Association Hosts Evening with Virgin Group (yahoo.com)

Not a bad gig...if you can't do well in the markets, start some association to "connect hedge funds, private equity firms, investment bankers, and academics." I guess if you network enough over the years, you can do that. Live the good life on Palm Beach and rub shoulders with the rich and famous. He's probably doing better than 99% of ET.
 
The book"
Beat The Machines: An Investor's Guide To Winning In Today's Financial Markets - by marketsurfer on Booklaunch.io | Booklaunch.io

The man (from 2019)"
David Goodboy’s Palm Beach Hedge Fund Association Hosts Evening with Virgin Group (yahoo.com)

Not a bad gig...if you can't do well in the markets, start some association to "connect hedge funds, private equity firms, investment bankers, and academics." I guess if you network enough over the years, you can do that. Live the good life on Palm Beach and rub shoulders with the rich and famous. He's probably doing better than 99% of ET.
I remember he used to like like to show off his fishing skiff. He seemed to be quite proud of that boat. I remember poking fun of it. I actually kinda liked the dude. He caught so much grief on ET I guess he just swoosh ….scuttled away figuring us to be useless and unredeemable cases??

He might actually have become quite successful trading and investing. I do not know. I hope he did. And I hope he has a prosperous trading year in 2022. Maybe we were all too dense to follow his thinking?
 
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I remember he used to like like to show off his fishing skiff. He seemed to be quite proud of that boat. I remember poking fun of it. I actually kinda liked the dude. He caught so much grief on ET I guess he just swoosh ….scuttled away figuring us to be useless and unredeemable cases??

He might actually have become quite successful trading and investing. I do not know. I hope he did. And I hope he has a prosperous trading year in 2022. Maybe we were all too dense to follow his thinking?
There were some holes in his trading ideas, but did the peanut gallery at ET who constantly attacked him have more trading succes than Surf? Doubtful, at least in most cases. Being a real person who puts your name and content out there vs. an anonymous online troll/critic is almost always a losing battle. I once saw someone joke on a mixed martial arts forum that "everyone here is 6'10", 320 pounds with 5% bodyfat and only dates 10s." The same is true of ET. Every ET anon is an underground multimillionaire trader who could be managing the world's best hedge fund...but they have better things to do (like critique Surf).
 
There were some holes in his trading ideas, but did the peanut gallery at ET who constantly attacked him have more trading succes than Surf?

Maybe not, but ...
https://www.tipranks.com/experts/bloggers/dave-goodboy
upload_2022-1-2_16-0-59.png
 
Trading by it's very nature is subjective and cannot be 100% mathematical...

Of course it can.

If you trade a mechanical system there is by definition no subjectivity after the system is completed.

...or all that we would need is the correct equation or formula and presto we would all be highly successful traders.

Those who are highly successful traders using such an approach do not share that equation or formula with the public. Check out Jim Simons and similar.
 
Of course it can.

If you trade a mechanical system there is by definition no subjectivity after the system is completed.



Those who are highly successful traders using such an approach do not share that equation or formula with the public. Check out Jim Simons and similar.


Hi Good Morning . Bumping this thread. Can anyone put me in touch with Mr. Michael J. Parsons. Thank you SAS.
 
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