Quote from cornix:
Here are results of my live real-time experiment of applying simple TA patterns (very limited number of them, basically it were two so far) for trading my own and accounts of several clients (some of whom I know for sure read this thread and can always correct me if I'm not objective about anything). Too small sample size of course, but I will keep doing it to achieve mathematical significance.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=271186
Be very careful, ET members like Xspurt and many others have been banned for marketing themselves when they start using words like "my clients". Simply, don't mention such because it makes no sense to mention such unless you're a sponsor or someone trying to get free advertising without being a sponsor. Even surf himself has gotten into trouble in the past for doing such.
I never understand folks why they need to mention such under the facade of defending themselves, defending their trade methods and so on. Why give the anti-TA folks tools to get rid of you.
With that said, as stated before about the mechanics of your mentioned other thread (performance record), it will be
impossible for you to prove that TA works in comparison to other journals here at ET where members do explain basic TA details about their methods without revealing the specific details. Thus, you will only prove if you're a profitable trader because there's no explanation of the "simple TA" you're using in that thread nor anywhere else although I believe you had the
intentions of using this thread for such proof but that too is now impossible based upon its length of not doing such.
Do you plan on starting another thread for the sole purpose of discussing your
simple TA methods that correlate with the performance record mentioned at the above thread.
If not, the agenda of this entire discussion will soon become suspicious.