Prove to me that Technical Analysis Works.

[MKTrader]

Simply, there have been threads like this (many of them) in the past by thread starters with the hidden agenda of trying to gain access to your trade method

You're flattering yourself too much, chief. Only the dumbest of the dumb think a bunch of millionaire traders post constantly on ET because they have a hidden strategy they came up with in their basements and no longer work day jobs. Besides, that's the worst possible way to ask people to give proprietary information.

 

[MKTrader]

Buffy is one of a kind, he is a second generation of professional traders, his father was a fund manager. Look into famous people lifes and you will see how 80% of them are following their parents knowledge. They had it solved once they were born.

As per if I consider proof that famous traders use TA and become successful, I'd say that such proof is weak, since they don't reveal their entire process. I am sure that TA is a small part of their success and the majority of them make it because of a strong risk management knowledge.

TA is just a way to generate signals and those signals can be completely ignored if your position sizing techniques are on point. What makes the trade successful is not the entry, it is the exit.

As I've already mentioned, Buffett did well when fund managers had a bit of an edge by doing serious fundamental analysis when retail traders couldn't easily do the same thing for free (or with very inexpensive software). He lost his edge at least 20 years ago--despite crafting legislation that personally benefited him during the Obama administration. And he learned his craft from people like Graham before him.

 

[guest_trader_1]

You're flattering yourself too much, chief. Only the dumbest of the dumb think a bunch of millionaire traders post constantly on ET because they have a hidden strategy they came up with in their basements and no longer work day jobs. Besides, that's the worst possible way to ask people to give proprietary information.

Enlighten us: What's the best possible way to ask people to give proprietary information?

You seem confident about yourself, sure you must have something to say.

 

[MKTrader]

Enlighten us: What's the best possible way to ask people to give proprietary information?

You seem confident about yourself, sure you must have something to say.

Start here and keep reading and learning.

 

[guest_trader_1]

Start here and keep reading and learning.

I can ask Google or look for a book, I wanted to see how you would put your confidence into words.

Let me ask the question again:
What's the best possible way to ask people to give proprietary information?

Sure you can say something, since you are that confident.

 

[MKTrader]

I can ask Google or look for a book, I wanted to see how you would put your confidence into words.

Let me ask the question again:
What's the best possible way to ask people to give proprietary information?

Sure you can say something, since you are that confident.

You're either trying to bait me in a very obvious trap...or are unknowingly (and hilariously) doing the same thing others complained about. It's a clown move either way.

You can find out my secrets of proprietary information seeking along with my Gann-Fib-Ultra TA Market Discombobulator System for only $997...but hurry... prices go up tomorrow! Otherwise, do the work.

 

[guest_trader_1]

You're either trying to bait me in a very obvious trap...or are unknowingly (and hilariously) doing the same thing others complained about. It's a clown move either way.

You can find out my secrets of proprietary information seeking along with my Gann-Fib-Ultra TA Market Discombobulator System for only $997...but hurry... prices go up tomorrow! Otherwise, do the work.

Thank you, I can see your own words on the "solution". It is all I wanted to see

 

[wrbtrader]

You're flattering yourself too much, chief. Only the dumbest of the dumb think a bunch of millionaire traders post constantly on ET because they have a hidden strategy they came up with in their basements and no longer work day jobs. Besides, that's the worst possible way to ask people to give proprietary information.

Actually, I never said they were millionaire traders nor did I say or imply they came up with their TA strategy in their basements nor did I say they no longer work day jobs. Thus, that's your projection or just snark commentary that required no reply.

Yet, I did say they shared their TA trade method although I have no info if they actually used it...no way to verify that their profits was in fact from the same TA trade method that they had shared. Further, I haven't seen them post here at ET again after they shared or provided proof that TA works for them. I believe I stated some "live-streamed their trading" and only mentioned generalities.

Further, considering I know very little about the birth of their TA strategy...it doesn't matter to me how they designed it, what inspired them, or when they did design their trade strategy although it's obvious that such seems to be important to some at this forum.

The only four commonalities that I noticed are that they did not hang out at Elitetrader.com although one openly stated he was leaving the forum and the others simply stop posting without explanation.

Also, they had very low post counts as if they were only posting to irritate the naysayers about TA and that seemed to bug the hell out of marketsurfer. In addition, they made it clear they did not only use technical analysis although they didn't mention what else they used nor was I interested in asking.

• They could have also been rolling dice or throwing darts at a board in combo with their TA...I wouldn't know nor care.

Last of all, they seemed to not like this forum too much...maybe that's why they didn't hang around too long.

wrbtrader

 

[wmwmw]

Buffy is one of a kind, he is a second generation of professional traders, his father was a fund manager. Look into famous people lifes and you will see how 80% of them are following their parents knowledge. They had it solved once they were born.

As per if I consider proof that famous traders use TA and become successful, I'd say that such proof is weak, since they don't reveal their entire process. I am sure that TA is a small part of their success and the majority of them make it because of a strong risk management knowledge.

TA is just a way to generate signals and those signals can be completely ignored if your position sizing techniques are on point. What makes the trade successful is not the entry, it is the exit.

This is beyong layman.
This is illogic and lacking common sense.
"What makes the trade successful is not the entry, it is exit"
You get on a bus from near your home and get off the bus at near your friend's home. Then you tell your friend," I can come to you not because I get on the right bus, but because I get off the bus at the right stop."

You made my day.


angrytrader: Stephen Curry is the best 3 points shooter in NBA not because he shoots the right angle, but because he uses the right power.
Stephen Curry: so if I use the right power, even I shoot the opposite direction, I can still hit the basket?

 

[guest_trader_1]

You made my day.

You must be full of joy if that made your day.