MurreyMath
- Thread starter traderbambu
- Start date
Also, his trading rules and analysis rules are written from different perspectives.
His trading rules are for trading. That's what he sticks to.
His analysis rules are for analysis. He goes into the nature of the market and you should approach them separately initially going into it.
You've read the books so I'm sure you know but, he actually only explains the signals to trade with like breakout, double bottoms, % retracement and so forth. He doesn't really get into figuring out trends in the market even though he's a trend-follower. His trading log is presented in that way too. "Trend is this, this signal came out so I bought."
Analysis part is where he got his trend. Geometric Angles are actually in between. It's both a trading rule and analysis rule, in a way, it's the "link" between the trade and analysis.
Master Charts and Time Cycles are complete analysis. It's the expansion but a separated from trading rules. After the course, get into his recommended reading list.
His trading rules are for trading. That's what he sticks to.
His analysis rules are for analysis. He goes into the nature of the market and you should approach them separately initially going into it.
You've read the books so I'm sure you know but, he actually only explains the signals to trade with like breakout, double bottoms, % retracement and so forth. He doesn't really get into figuring out trends in the market even though he's a trend-follower. His trading log is presented in that way too. "Trend is this, this signal came out so I bought."
Analysis part is where he got his trend. Geometric Angles are actually in between. It's both a trading rule and analysis rule, in a way, it's the "link" between the trade and analysis.
Master Charts and Time Cycles are complete analysis. It's the expansion but a separated from trading rules. After the course, get into his recommended reading list.
These are the books that I have.
How to make Profit in Commidities
45 years on Wall Street
Wall Street Stock Selector
Truth of the Stock Tape
Shortly after that, I tripped over Murrey Math about 2 yrs ago. The success rate from that was sufficiently high that I stopped my research.
The biggest reason I come to these boards is to read something different. I enjoy trading just that much. I read and respond now just for the fun of it. My trading system is set, and it is, and shall remain MM. I really would like to know more about Gann though.
What other books would you recommend?
For trading,
Van Tharp's Peak Performance...
Just a great material to keep myself in perspective with trading.
For Gann,
I guess Baumring's Courses. He's symbolic like Gann but he's Course material (not the student's notes) are good background knowledge, even though, it's a repetition of Gann's recommended reading list.
I haven't got into Ferrarra from the same site but I haven't purchased it. I agree with his Hex Chart interpretation so I'm planning on buying it in the near future...
Van Tharp's Peak Performance...
Just a great material to keep myself in perspective with trading.
For Gann,
I guess Baumring's Courses. He's symbolic like Gann but he's Course material (not the student's notes) are good background knowledge, even though, it's a repetition of Gann's recommended reading list.
I haven't got into Ferrarra from the same site but I haven't purchased it. I agree with his Hex Chart interpretation so I'm planning on buying it in the near future...
Why would you even bring up private email as some defense of your opinion if you can't prove it?
Why claim you don't paper trade when you can't prove that either?
You make a lot of claims, that aren't proven.....and can't be proven.
You feel the need to prove something, start a journal and post your daily trades if you want recognition.
If you feel some need to prove you are a better trader than others, man that is sick.
I do have to agree with some points with 777. Claiming something they can't prove and never be able to is plain ignorant. I'm a trader but what if I'm just neurotic paper trader?
Marketsurfer just might be a paper trader
Optional777 just might be a paper trader
Sarasota just might be a paper trader
J-Commisso(I hope he comes back) just might be a paper trader....
Who knows...
Only thing we can do is just judge by the context of the text. At least that's what I do.
Now, I agree with Oddman that MM works. Ultimately the truth is that you don't have know "why" something works or not. Why does a resistance levels work? Who knows... even though we can go into (mass-)psychological theories... I remember Ed Seykota writing about surfing and fluid wave mechanics... you don't need to know as long as you can surf well...
Still, the question from darkhorse was asking for why.... so I went in. Oddman comes in with some Galileo stuff, which had conflicted my rational thinking and I went up for it.
PS. Fun thread...
Marketsurfer just might be a paper trader
Optional777 just might be a paper trader
Sarasota just might be a paper trader
J-Commisso(I hope he comes back) just might be a paper trader....
Who knows...
Only thing we can do is just judge by the context of the text. At least that's what I do.
Now, I agree with Oddman that MM works. Ultimately the truth is that you don't have know "why" something works or not. Why does a resistance levels work? Who knows... even though we can go into (mass-)psychological theories... I remember Ed Seykota writing about surfing and fluid wave mechanics... you don't need to know as long as you can surf well...
Still, the question from darkhorse was asking for why.... so I went in. Oddman comes in with some Galileo stuff, which had conflicted my rational thinking and I went up for it.
PS. Fun thread...
when all is said and done, marketsurfer called the bottom in MSFT by one cent. he did this on this thread responding to your challenge. YOU by using murrey math were 100% wrong in your call. marketsurfer proved, beyond a shawdow of a doubt, that he can do it, murrey and his followers just claim to do it. you or murrey need to call a stock within one cent and post it here. i then will listen--untill then, it is all BS
jack
Let he who among us who did not castigate, cast the first stone.
You came on like some schmuck from the very beginning, with some competitive, caustic, and agressive attitudes. I have only been responding to your nonsense.
Remember these comments?
Ahhh, yes, the legendary marketsurfer.
I can think of no one better to make an example out of.
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I await your parameters. Do not run away.
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Besides, making real time market calls sharpens everyone's skills, don't you agree?
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I think friendly competition is good.
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Perhaps you could post a legitimate issue that you have with MM, and stop trying to persuade others to engage in your cowardice.
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It is my understanding that is what this board is about, traders pushing one another.
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Well, whiners, if trading is that hard of work to you, then you are doing it WRONG.
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Show up on Friday, and learn something.
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And quit all that cryin' will ya?? You sound jealous!! LOL
You are the one who is afraid.
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I doubt seriously you are even a trader, or if you are, you are a relic from the 2000 era, sitting hunched over your pc all day.
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In other words, you are still chained to a 9-5, aren't you?
A glorified wage slave.
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Just because you aren't smart enough to simply your work, doesn't mean everyone else should work at your level of inefficiency.
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Trading is easy, unless you are just too dumb to make it otherwise.
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But I am a generous man, one less idiot in the world would benefit all mankind, so show up Monday, and get re-educated.
Me, I am more than good enough to make my own money grow.
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