Surf's Special Situation Journal
- Thread starter marketsurfer
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This is absolutely correct.
Most businesses fail in the 1st 3 years - only the ones who do it right succeed. The problem is you have to plough your own furrow or get a franchise.
Most people who try TA fail in the 1st 3 years - only the ones who do it right succeed. The problem is you have to plough your own furrow or be mentored.
If you think TA is the problem, then you're already in the failure group where denial of personal responsibility is the standard cop out.
It's a bit like your price drivers, which are firmly in the failure group at the moment. Time will tell if you can get them to figure out the difference between up and down in the market, but you'll have to plough your own furrow. If you fail it's not the price drivers that are at fault - it's the person who put the formula together.
Same with TA.
Same with all business.
You failed in TA because you relied on someone else to do the job for you and they used astrology. Now you don't even know basic candle signals.
Constant denial diminishes your chances but perhaps you'll make it this time - good luck.
(PS: Wanna see really, really crap TA - look at Oilfxpro's examples
)Seems Mav is not to keen in this Combine thingy...
Maverick74
Registered: Mar 2002
Posts: 16190
New Post 09-28-12 08:39 PM
Quote from ammo:
that discipline takes years years of releasing the ego,denial, developing discipline around your person,and trading style,risk averse,risk monster,these things take time to figure out ,as you know,to set up a carrot in the air,50k funding,come one ,come all,and to bend the gun barrel so only the marksmen will notice ,is a scam, if you have trade 10 years as you say, and i don't doubt that,you are aware of this, so come clean ,why are you adamantly promoting topstep and ignoring that which is obvious to even the mildly seasoned trader that this one size fits all is a pipedream,only for the top 1% of the sniper school
Are you actually READING my posts? Serious question. Are you? Because I actually advised people AGAINST accepting funding from TOPSTEP in lie of opening an account at Velocity where I actually know the founder Jay Earnest.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=249489&perpage=6&pagenumber=103
Maverick74
Registered: Mar 2002
Posts: 16190
New Post 09-28-12 08:39 PM
Quote from ammo:
that discipline takes years years of releasing the ego,denial, developing discipline around your person,and trading style,risk averse,risk monster,these things take time to figure out ,as you know,to set up a carrot in the air,50k funding,come one ,come all,and to bend the gun barrel so only the marksmen will notice ,is a scam, if you have trade 10 years as you say, and i don't doubt that,you are aware of this, so come clean ,why are you adamantly promoting topstep and ignoring that which is obvious to even the mildly seasoned trader that this one size fits all is a pipedream,only for the top 1% of the sniper school
Are you actually READING my posts? Serious question. Are you? Because I actually advised people AGAINST accepting funding from TOPSTEP in lie of opening an account at Velocity where I actually know the founder Jay Earnest.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=249489&perpage=6&pagenumber=103
Keep reading dude, you aren't getting it. Mav is participating and supports the combine 100%, which is different than taking funding if you don't need it. Best, surf
Larry blows with the wind. When it was popular, he "believed" in interplanetary forces on market behavior, aligning himself with Welles Wilder at the time, when Wilder had arguably gone insane. (Prescient surname, don't you think?) You, however, declared your man love for Larry well before he fashionably distanced himself from TA. Larry will do and say whatever Larry has to do and say to part you and your money. And you gush...
Quote from cornixforex:
Completely. Fear and greed are completely gone, only what drives the markets nowadays is Price Drivers.
Yes, computers feel neither fear or greed---nor do the quant army who cares for them. You folks are really living in the dark ages.
surf
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