TA Sucks
- Thread starter RedTankEra
- Start date
Scaleout.Scalper
Guest
+1 to the OP, keep them coming 
All financial markets plot out their own daily roadmaps from the first few minutes of pit-session trading. Objective, statistical odds courses of action.
The toughest part for anyone without exception? Believing what your lying eyes are telling you as price gradually unfolds thru the map, which often directly conflicts with all those "gut instincts" and "logic" and "feel".
The toughest part for anyone without exception? Believing what your lying eyes are telling you as price gradually unfolds thru the map, which often directly conflicts with all those "gut instincts" and "logic" and "feel".
What I showed there is not "my edge". It is a 100% objective, open-range prices projection measure.
If you, me and 998 other traders in here all apply the same grids to the same symbol on its first 5min bar of the pit session open every day, guess what? We all see exactly the same thing, to the precise tick.
Now whatever you, me and those other 998 traders do (or not) with that objective information is the rubber and the road.
It's a Random Walk.
Any proof that you took that trade? Other than a chart? If not, please post some fills during your 24/7 time spent here on ET. Other than this abject BS.
You are a failed gambler attempting to maintain the persona that you know what you're doing. Same goes for the other loser, DBP. We all have charts; none of us need you to point out the obvious, after-the-fact.
Why is it so hard for you (and DBP) to start a trading journal with actual fills?
Here's a six month journal producing a gain of 31% at less than 3% DD. All trades in r/t and all marketable. More than a few guys took these trades, some took all of them.
http://www.elitetrader.com/vb/showthread.php?t=253092&page=129
You're on here all day (NoDoji) and you can't post futures fills? It's a f*ck of a lot easier than posting complex options.
I am not posting this to pat anyone on the back, but to show that there have been long-term profitable journals with all trades vetted. The fact that you refuse to do so simply shows that you're a fraud. You're not profitable which would be quickly borne-out in a r/t journal.
http://www.elitetrader.com/vb/showthread.php?t=253092&page=129
You're on here all day (NoDoji) and you can't post futures fills? It's a f*ck of a lot easier than posting complex options.
I am not posting this to pat anyone on the back, but to show that there have been long-term profitable journals with all trades vetted. The fact that you refuse to do so simply shows that you're a fraud. You're not profitable which would be quickly borne-out in a r/t journal.
I was not referring to your stupid opening range diagram, but stating why traders become vendors in general.
Carry on with your advertisement, VENDOR.
This thread speaks of technical analysis. I posted recent examples of a tech-analysis tactic that's been given to the general public at least a half-dozen times in webinars thru Ninjatrader, TraderKingdom and others which are major site sponsors here at ET. Sponsors that make this site possible for you and others to drivel your freedom of speech, which I hold dear along with all other constitutional rights.
I asked for nothing in exchange in return. If traders out there opt to use that price-action based tactic to their advantage, great. If not, so be it. Freedom of personal choice.
I spent several collective hours putting that info out to the public for free, nothing more. If you think your anonymous alias jabs inside a public message board mean the least little bit to me at all, you'd be sadly mistaken. You are less than meaningless to me.
