POLL - Futures: How do you determine the trend?

[steve035]

Charlie, Have you ever noticed that any thread you or proflogic get involved in turns into a worthless pissing match that basically you take over until a moderator steps in and closes the thread. Without taking any sides it appears to me that this thread has degraded into childish dribble and anyone that continues the dialog just enjoys being in the muck. I don't know who the majority of the participants are in this thread but if you'd show some maturity and not engage the childish banter, threads like this might have a chance to be something other than a discusion of Bill Schamp.

But then if you're as consumed by your ego as I suspect you are that's the reason you cannot walk away.

 

[Charlie Dow]

The answer: CLOSED or a derivative of that. It makes no difference the type of restaurant, city where it is located, day of the week or holiday that day followed.

The part most important to the teacher was following instructions. The largest piece of paper in the book was one of the pages, all were bigger than the two smaller pieces tucked inside the pages.

Some students didn't try to answer the question. They gave up without trying, called the teacher a loon and signed up for another course.
Some students tried there best and turned in an answer on the larger of the two pieces of paper tucked inside the book.
Some answered the question and tore a page out of the book, others answered and handed in the whole book, letting the teacher know what page their answer was on.

The teacher called all of the students back to take the class except those that refused to TRY to answer the riddle. Of those that attempted to answer the riddle 27 got it correct and followed the instructions satisfactorily. There ended up being 74 in the class. Imagine, 26 that gave up without even trying. About the same number that succeeded.

Pretty close cross section of society.

 

[Cheese]

This mother has the skin of a rhinoceros. He declares he is leaving a thread but, oh no, back he comes.

This was a good thread with a lot of varied 'takes' on 'trend'. Well done all the others for their contributions.

 

[Charlie Dow]

Quote from steve035:

Charlie, Have you ever noticed that any thread you or proflogic get involved in turns into a worthless pissing match that basically you take over until a moderator steps in and closes the thread. Without taking any sides it appears to me that this thread has degraded into childish dribble and anyone that continues the dialog just enjoys being in the muck. I don't know who the majority of the participants are in this thread but if you'd show some maturity and not engage the childish banter, threads like this might have a chance to be something other than a discusion of Bill Schamp.

But then if you're as consumed by your ego as I suspect you are that's the reason you cannot walk away.

That wasn't the case Steve until Magna outed me on November 6th, this year in the "Predicting randomness" thread based on his personal bias & breaking the privacy rules of this site. [Use of Your Personal and Non-Personal Information Except as disclosed in this policy, we do not sell or disclose information that identifies our guests personally or makes it possible for other parties to contact them directly without our guests' consent.]

Up to that point I never made a single reference as Charlie Dow to anything I do outside this site. That is verifiable by searching the threads here. So your comment about ego is way off base.

I hate pissing contests as much as anyone but I have a right to defend myself. Bottom line is that we wouldn't be having this conversation if Magna wouldn't have broken the Privacy Rules of this site. I've asked Baron to look into it, both in an email and in a PM but haven't gotten a response. The problem I have is that anyone's personal information isn't safe as long as a moderator can put any information out there that compromises an individuals privacy.

 

[makosgu]

Let's be honest about the whole situation. No one here ever wants to take the effort to figure out what's what. Sherlock said what he wanted to say for whatever reasons. I expected better from Equal. And cheese...

Skeptics are everywhere. Then, out of nowhere, start demanding answers to questions they feel obligated to get answers to... HUH? FOR THE RECORD. I HAVE BEEN BOTH TO THE SEMINAR AND SITE, ETC... All the information is FREEly scattered all across ET. It just takes EFFORT to piece the puzzle together.

Skeptics remain a consistent group. They turn the tables of burden to the opposition. Another person in these parts turned me to COHOMOLOGY and trading. I didn't think they were even remotely related... But, I read everything with a very open mind and keep things that way. I didn't go bashing the person because COMMUNICATION immediately ceases at such points and it NEVER accomplishes anything. As we can see, this happened several pages ago. Nobody makes an attempt to side their skepticism to discuss/probe furthur, just to post their own selfish questions and demand answers to their skepticism...

Why can't posters just let things go? If anyone had anything to say? Why can't it be me, I have been to both, SEMINAR, SITE, ETC... And I am telling you ET and that which is being complained about is redundant. It is a redundancy of complete information.

SO WHAT IF WARREN BUFFET offered to teach a trading course. How much would someone be willing to pay? The argument about how Dow must be a failing trader because if he weren't he wouldn't offer his services is such a nonsensical argument. Who is anyone to say that what they charge for their time is not a fair deal. When I consult, I bill $150/hr, and companies happily pay for my services. On a several occasions, they offered more than what I charge. I told them the money really didn't mean anything to me and that the rate was just the "going rate" which was insignificant to me. BUT THAT'S JUST ME! How much is your time worth? The point is only you can say how much your time is worth. MOVE ON and find someone with which you can agree with. Alot of these detractors add no value themselves across a wide spectrum of threads... If information is not valuable to what you do, than so be it. No one here is a moderator and therefore should not take it upon themselves to do so...

WHY!!!

MAK!

 

[acronym]

Normally with this-hope the attachment works.

 

[hans37]

Quote from Charlie Dow:

The shame is when asked a specific question you never are able to answer it.

Hmm Isn't that what victorBS did to my specific question? Yet you seem to agree my mind is closed because I repeatedly ask one simple question. "how close were those 'pinpoint' market turns? LOL

Quote from Charlie Dow: You simple change the direction of the conversation to more unfounded accusations. And then you think there are intelligent people here on ET that can't see that.

Whoa charlie! you sound kinda hypocritical, since you seem unable to resist strawman arguments, Don't you remember this whopper?

Quote from Charlie Dow:

I agree with Victor. .. No one cares if you don't believe that a trader can be consistently successful but if you are unwilling to rule out the possibility ...

Poor lil charlie a newby trader, armed with common sense and logic puts him to shame on a message board.

 

[makosgu]

Quote from hans37:

Hmm Isn't that what victorBS did to my specific question? Yet you seem to agree my mind is closed because I repeatedly ask one simple question. "how close were those 'pinpoint' market turns? LOL



Whoa charlie! you sound kinda hypocritical, since you seem unable to resist strawman arguments, Don't you remember this whopper?




Poor lil charlie a newby trader, armed with common sense and logic puts him to shame on a message board.

CASE AND POINT! What authority do you have such that you are required an answer. The proximity of market turns is IRRELEVANT. But in your mindset, you deam this to be an IMPORTANT Q when for Dow et al it is the least important aspect.

The key to great trading is consistency. Being conservative, what if you could consistently pull 25% out of every trend that you can SPECIFICALLY identify. A pinpoint would be 100% of the trend. The difference between 100% and 25% every time is a growth factor. But if you could do either percentage consistently and everytime that a trend is identified, who cares??? CONSISTENCY and FREQUENCY are what are important. Not a PINPOINT!!! The former is what immensely gets rid of the fear when you're a noob.

MAK!

 

[cosmic]

Quote from makosgu:

CASE AND POINT! What authority do you have such that you are required an answer. The proximity of market turns is IRRELEVANT. But in your mindset, you deam this to be an IMPORTANT Q when for Dow et al it is the least important aspect.

The key to great trading is consistency. Being conservative, what if you could consistently pull 25% out of every trend that you can SPECIFICALLY identify. A pinpoint would be 100% of the trend. The difference between 100% and 25% every time is a growth factor. But if you could do either percentage consistently and everytime that a trend is identified, who cares??? CONSISTENCY and FREQUENCY are what are important. Not a PINPOINT!!! The former is what immensely gets rid of the fear when you're a noob.

MAK!

exactly - if you want to become a winner, consistency should be the first thing on your mind

then the next big freedom comes from reading consolidation at a glance & spending the time more productive.

best,
cosmic

 

[Charlie Dow]

Quote from hans37:

Hmm Isn't that what victorBS did to my specific question? Yet you seem to agree my mind is closed because I repeatedly ask one simple question. "how close were those 'pinpoint' market turns? LOL

Whoa charlie! you sound kinda hypocritical, since you seem unable to resist strawman arguments, Don't you remember this whopper?

Poor lil charlie a newby trader, armed with common sense and logic puts him to shame on a message board.

Let's put thing into perspective. Here is a transcript of the conversatin between you and Victor:

VictorS statement:

This is exactly what happened with me. So, in private messages I asked him his thoughts on the e-minis on three different occasions. He pinpointed where the market was headed and what the market would do when it reached those price levels.Three freaking times he nailed them with price reversals. I had to investigate. Never paid for any service yet he helps me with better understanding his system. He never solicited me. Why? Heck if I know.

Just investigate what he is saying. I promise you'll learn to read price better even if u dont trade the way he does. Reading the market instead of predicting the market will save you bundles.
By the way, its not easy to learn his trading method.

This is my last post ever on this subject defending him. Your loss not mine.

Hans37 response & question:

Good , So you are telling me he called the exact price of each reversal 3 times in a row for you?

If not the exact price , how far was he from the high or low?

Do you have dates and prices accurate enough for verification?(that would really be nice, but I understand if you don't, it just helps eliminate the selective memory tendencies traders have.)


Seriously I am trying to keep an open mind, and I am not slamming you, for all I know is you have made a legit generalized claim all i am asking for is more specifics.

VictorS answer:

first of all stupid a__ I was ignoring you. Secondly, do as Charlie has suggested... do your own homework. Hint...check my dialouge with Charlie under my posts on 8/24/05.
__________________________________________________

Victor gave you the date to where the conversation took place so that you could check it out for yourself and you decided to be lazy and make Victor out like he was hiding something. Again skewing a conversation to make yourself look good but again, the people reading this thread can see for themselves the focus of your tactics.