MurreyMath
- Thread starter traderbambu
- Start date
Quote from oddiduro:
I said in an earlier post that this was MY APPLICATION OF MM, you are quite free to use your own.
I gave my explation pal, take it or leave it.
OK, you pretty well have proved all the people right who thought you to just be a paper trader jerking off.
You sidestep two important issues:
1. "It's my application of MM" - forget it, that's ridiculous. Either you're using MM or you're not. You can't preach about how MM is the most wonderful thing on the planet (the "perfect system" you said) and Murray is a freaking genius BUT then say that you're using your "application" of it because you've been found to not be computing the numbers correctly.
If Murray's such a genius as you claim and MM is a perfect system, but you're not doing things exactly like him, then presumably you must be an even bigger genius (well, a bigger something anyway) than Murray and have an even more perfect system??
Please - you blow more smoke than Murray does.
2. When challenged about your BS about "shorting the S&P at XXX", you completely ignore it because you were caught spewing crap.
Even if you are actually trading ERTS, IBM, etc. (which seems highly unlikely at this point), no one will bother to give you the benefit of the doubt - you've pretty much removed all doubt at this point.
There are some useful aspects of the Gann principles involved with Murray (not Murray's hype and BS mind you, just Gann's ideas that he's using). But unfortunately there are too many bozos like oddball and they lower the overall credibility of the principles.
