Prove to me that Technical Analysis Works.

[Illini Trader]

ILlin' Relax, have a homebrew.

easymon, it looks to me like you have been having a bit much weekend homebrew as you keep making the same comment over and over.

 

[guest_trader_1]

Easymon is a day trader. Interesting. I still need to match behaviours with names. Slowly slowly

 

[guest_trader_1]

The only way to make money, or real money, in the market is with precise timing with options. Stock trading is training wheels day, it's steady and cute....but won't get you anywhere serious.

Understanding, hypothesis, assumptions, expectations, and process are all vital for a successful trade.
So many traders trade blindly off of basic past support/resistance levels, and useless surface indicators. None of them are successful.


The best things take considerable time, devotion, observation and understanding, questioning and dissecting to learn. If some process is "easy", and common...it's useless and unreliable in the actual, every day, real world.

The most productive thing is expertise and wisdom and common intelligence.... not someone who is guessing, gambling, spinning their wheels getting nowhere looking for an instant handout.

Safe.....what's that? If you want safe....invest in a sleepy senior citizen mutual fund, or certificate of deposits, bonds.
Risk, or high risk, usually is a dirty word. But it doesn't necessarily have to be, in the right hands.


I wish I could actually be more specific, detailed, precise and actionable -- but I am not giving away my Holy Grail of how to trade the S&P daily/intraday successfully, reasonably.

I never traded options and still post shit memes everyday. There are other ways to be profitable.

 

[easymon1]

easymon, it looks to me like you have been having a bit much weekend homebrew as you keep making the same comment over and over.

If you would go troll elsewhere for a bit, friend, maybe MaxBoo could respond, ILLin.

For all we know he may be dest in drag and an expert seasoned Options operator. Let's go see... ILLIN, down boy, sit. lol

---

if someone can reasonably trade and understand the S&P daily....they can become a multi-millionaire in the market in under a year, with options/leverage of course.

MacBookProHo said:
All of those classical, textbook, common, generic, traditional, typical trading strategies are Completely meaningless and will deliver no profit....if the trader absolutely knows nothing about the future
Yes, we know, but what if he does?

MaxBoo? Respond please or must we conclude that we have hit bottom of your claimed 'expertise' by simply asking a generic question which you have never demonstrated a shred of mastery nor knowledge about.

MacBoo, You did not answer the question.
Again:
What would you say are some of the vital options transactions and techniques that
are necessary to accomplish the result you speak of in your post?
1) Which are easiest to learn?
2) Which are the most productive?
3) Which are the 'safest'?

MaxBoo says - "One Million Trading Profit in less than a year is very feasible"
Tell us something we dont already know sweetiepie. lol

But first, just answer the three generic questions above.

https://www.elitetrader.com/et/thre...ou-like-post-it-up.356297/page-6#post-5355388

 

[Overnight]

Seriously, is this Overnight in drag? lol...

What the hell, mon1, how am I getting dragged into this portion of the thread? lol I'm gonna' let you in on a little secret...Illini posted over in another thread that he has never blocked anyone. But there was a short while some years ago when he did! I remember, I was there, because I was the one being blocked! AHAHHA.

Ergo, we are not the same poster.

 

[easymon1]

What the hell, mon1, how am I getting dragged into this portion of the thread? lol I'm gonna' let you in on a little secret...Illini posted over in another thread that he has never blocked anyone. But there was a short while some years ago when he did! I remember, I was there, because I was the one being blocked! AHAHHA.

Ergo, we are not the same poster.

Damn, now we got a mystery on our hands over here. Thank you. Didn't mean to take you off your rounds. BTW while you're here Sarge, This gotta be fine weather for an outdoor shower station. How much trouble is it to hook one of those baby's up to code so's not to startle the neighbors. Nothin' fancy, discreet double capacity showers in the AM hours gotta be fuggin sweet under the stars. Hell yeah. Gretta's on board too. (uh-oh) dammit Gretta Please stop sneakin up behind me.

 

[Overnight]

Damn, now we got a mystery on our hands over here. Thank you. Didn't mean to take you off your rounds. BTW while you're here Sarge, This gotta be fine weather for an outdoor shower station. How much trouble is it to hook one of those baby's up to code so's not to startle the neighbors. Nothin' fancy, discreet double capacity showers in the AM hours gotta be fuggin sweet under the stars. Hell yeah. Gretta's on board too. (uh-oh) dammit Gretta Please stop sneakin up behind me.

Huh, Greta? She would hate me, because outdoor shower lets steam into the atmosphere, which leads to global warming! How dare you!

 

[guest_trader_1]

TA is subject to Data Mining Bias and Subjective Interpretation.

I have to remember this sentence in order to sound clever in front of English speakers.

https://seekingalpha.com/article/4077970-why-technical-analysis-doesnt-work

 

[Illini Trader]

What the hell, mon1, how am I getting dragged into this portion of the thread? lol I'm gonna' let you in on a little secret...Illini posted over in another thread that he has never blocked anyone. But there was a short while some years ago when he did! I remember, I was there, because I was the one being blocked! AHAHHA.

Wow, So you were the one! I had no idea. I forget now why I blocked you for a day but just think of all the fun I would have missed if I kept you blocked. You must have been a really bad boy for such a nice guy like me to block you.

 

[formikatrading]

This is SO true. TA is just a set of tools.

TA is subject to Data Mining Bias and Subjective Interpretation.