Technical analysis :useless junk science

oilfxpro · Sep 10, 2012

Quote from cornixforex:

You didn't answer how exactly you use price if not historical price?

current price /future price plus future entry points

oilfxpro · Sep 10, 2012

Quote from cornixforex:

Considering rich and successful people crooks by default is very typical for poor mentality. Get rid of this complex of fault associated with wealth or you won't make good money ever. It has nothing to do with reality, just with losers rationalizing their inability to succeed.

Most people get rich by some dishonest deeds in their life time , otherwise most men are equal.

and most of you have not got a clue about hedge fund crooks.

https://www.google.co.uk/search?q=1...qf.&fp=6d798b5927b2a9a3&biw=1024&bih=675&bs=1

oilfxpro · Sep 10, 2012

Quote from Xspurt:

Shows how brain dead you really are.The problem is you can't read a chart so it is all a mystery to you. I have over 100 examples over several years posted in ET calling direction in advance of market moves whereas you have nothing you can show but claims of making 40,000 pips PA and scamming people like this...

https://www.google.co.uk/#hl=en&gs_...pw.r_qf.&fp=a580d33dc73e4f57&biw=1680&bih=918

You are such a loser

You are a nut case .You mention the few hedge funds , but you don't talk about 80 % of funds who might have lost money due to t/a.

ltcm used formulas and mathematical models , even they failed .

RCG Trader · Sep 10, 2012

Quote from oilfxpro:

You are a nut case .You mention the few hedge funds , but you don't talk about 80 % of funds who might have lost money due to t/a.

ltcm used formulas and mathematical models , even they failed .

No, actually they did not. They got a Swan. If they had been less leveraged, they would have survived, their models did ultimately prove to be correct.

Xspurt · Sep 10, 2012

Quote from oilfxpro:

You are a nut case .You mention the few hedge funds , but you don't talk about 80 % of funds who might have lost money due to t/a.

ltcm used formulas and mathematical models , even they failed .

So now you are telling me 20% made fantastic money using junk science TA, and 80% might have lost money because they perhaps used TA. You are making progress at least by recognizing some of the biggest money makers use TA successfully.

Don't you think it is time to give up on your wild presumptions on everything from EA's that make 40,000 pips to why a fund lost money?

You and I have a different focus: you want to talk about what loses money when it suits you but I want to talk about what makes money and the effort to develop that skill, and as sure as the sun comes up, it is not the EA's you sell as a get rich quick scam.

https://www.google.co.uk/#hl=en&gs_...pw.r_qf.&fp=a580d33dc73e4f57&biw=1680&bih=918

oilfxpro · Sep 10, 2012

Quote from Xspurt:

You and I have a different focus: you want to talk about what loses money when it suits you but I want to talk about what makes money and the effort to develop that skill, and as sure as the sun comes up, it is not the EA's you sell as a get rich quick scam.

I was trying to become a scammer , but I failed horribly........but then some of them became successful at babypips.

Xspurt · Sep 10, 2012

Quote from oilfxpro:

I was trying to become a scammer , but I failed horribly........but then some of them became successful at babypips.

That is a good observation. Either start at the baby end of the journey of learning or start with the get rich quick EA. After a few years of hard graft there is a chance of understanding what moves the market with the former whereas a few years on EA's leaves you bitter, presumptuous and confused about what works, what doesn't and why.

This is why you are so bewildered about the markets: pages and pages and years of this...

http://www.google.co.uk/#hl=en&gs_n...pw.r_qf.&fp=a580d33dc73e4f57&biw=1680&bih=918

cornix · Sep 10, 2012

Quote from oilfxpro:

current price /future price plus future entry points

There is no such thing as "current price", only past price or future price. But if you speak of future price, it means you claim to know future?

cornix · Sep 10, 2012

Quote from oilfxpro:

Most people get rich by some dishonest deeds in their life time , otherwise most men are equal.

and most of you have not got a clue about hedge fund crooks.

https://www.google.co.uk/search?q=1...qf.&fp=6d798b5927b2a9a3&biw=1024&bih=675&bs=1

Funny... list of scammers and crooks by Oilfxpro is growing.

cornix · Sep 10, 2012

Quote from oilfxpro:

You are a nut case .You mention the few hedge funds , but you don't talk about 80 % of funds who might have lost money due to t/a.

ltcm used formulas and mathematical models , even they failed .

Someone has to lose to provider winner with the winnings. See no problem with 80% or 99.9% losing rate as long you are not in that %.