Quote from Ol' Yella:
surfer enters the combine. a move that no other naysayer or yaysayer has dared make.....
surfer squashes the dreams of wannabe traders with depressing rhetoric. wish someone would prove him wrong. to give hope to us poor wanna-bee's.
trader forums are filled with those who can talk the talk....
but how many can walk the walk?
the combine will give the answer.
hint: it's probably not the answer anyone wants to hear.
Let us not forget that even legendary internet TA god Anek was exposed as a fraud earlier this year. Truly a shocking revelation. I too wanted to believe.......
Excellent points, Old Yella. However, my mission is not to discourage trading or anyone's dreams-- quite the contrary. I love the markets and the opportunity there. My mission is to make sure Noobs and others don't go down the wrong road, like i did, with technical analysis. There are many ways to make money from the market, TA makes no sense common or otherwise. TA makes trading look super easy, what could be easier than following a line or an indicator? It's the lazy man's way to riches! Just look at the chart! TRUTH is TA does not work, its based on illusions that build delusions. Obviously, I am not talking about TA as an illustrative tool, for which it is excellent. I am talking about objective TA as a complete and strict way to make trading decisions--- that doesn't work. I WANT SOMEONE TO PROVE ME WRONG and ALL I GET ARE EXCUSES< THREATS< REASONS WHY NOT TO DO IT.
Now, there is a chance for the TA god's themselves to prove me wrong about their method, in a fully transparent and public trading challenge known as the combine. See info here:www.topsteptrader.com and the various threads on elite trader about it. I am participating, I may blow out, I don't know that's trading. However, the TA gods like NoDoji, Xspurt, and the others have excuse after excuse why they can't do it. One even wants to get PAID to do it!! How sad is that? Can't take a break from trading, things are soooo tight! OR Can't trade simultaneously on both platforms only the best set ups in 10 out of 30 days. They, the TA brigade, doesn't even have the confidence to try to prove me wrong. I want to believe, I want TA to make money. Unfortunately, and sadly it doesn't. Looks like these guys took a lesson from ANEK and dicided its best just to keep the rhetoric up rather than risk it in a contest surf
