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The ACD Method
- Thread starter sbrowne126
- Start date
"Can you help me make money?"
Did I ask that? No.
Please, correct your statement.
No one here owes you an explanation...any figures...any numbers....nothing. The forum is for everybody...you take from it whatever you want. No one's going to spoon feed you anything here. Move along.
Did I ask to be spoon fed?
Or is that another one of your assumptions?
My original post was directed to new traders to persuade them to stay away from a place like this. Everything they've taught here is gibberish. It isn't consistent.
Just a heads up, some people actually have done this for a living. Not at home with Bloomberg TV on, but in a bank with bank capital and directors breathing on their neck with every click of a button.
Please, let's just end the conversation here.
Thank you.
Or is that another one of your assumptions?
My original post was directed to new traders to persuade them to stay away from a place like this. Everything they've taught here is gibberish. It isn't consistent.
Just a heads up, some people actually have done this for a living. Not at home with Bloomberg TV on, but in a bank with bank capital and directors breathing on their neck with every click of a button.
Please, let's just end the conversation here.
Thank you.
Did I ask to be spoon fed?
Or is that another one of your assumptions?
My original post was directed to new traders to persuade them to stay away from a place like this. Everything they've taught here is gibberish. It isn't consistent.
Just a heads up, some people actually have done this for a living. Not at home with Bloomberg TV on, but in a bank with bank capital and directors breathing on their neck with every click of a button.
Please, let's just end the conversation here.
Thank you.
But no one asked for your input either. LMAO
also...no one gives sht where you've worked. you're just a stranger online. you're probably typing this in your mom's basement for all we know.
I can only speak for myself. This thread is huge and confusing and it won't spoon feed anything to someone in a day. I am an amateur and have blown out 3 small accounts in my life doing the usual TA type trading, the last blowout was around 10 years ago at which time I learned my lessons and got a good real job and started putting money away into index funds etc. ACD gradually rekindled my interest and over the last 5 years I have slowly shifted money from the index funds to my own management. I have beat the markets in that time period in spite of my many mistakes and flaws and it is 100% due to ACD. You can believe me or not, but I really have no reason to lie here.
As for ACD, I can absolutely agree with you that we are all doing different things here. ACD is just a tool set and a way to look at markets. We all have different levels of capital, experience, technical ability etc... The book is an extremely basic starting point. My personal efforts with ACD have led me down other paths and most of the books I read now are on the curriculum at quant education programs at good schools. They are changing how I use ACD.
Assuming you are not just trolling I don't get why you would have such an attitude towards this thread. I wish to God it had been running circa 2000 when I was just getting in to the markets and was badly mislead by the nonsense on this site and others like it.
As for ACD, I can absolutely agree with you that we are all doing different things here. ACD is just a tool set and a way to look at markets. We all have different levels of capital, experience, technical ability etc... The book is an extremely basic starting point. My personal efforts with ACD have led me down other paths and most of the books I read now are on the curriculum at quant education programs at good schools. They are changing how I use ACD.
Assuming you are not just trolling I don't get why you would have such an attitude towards this thread. I wish to God it had been running circa 2000 when I was just getting in to the markets and was badly mislead by the nonsense on this site and others like it.
In the interest of keeping this thread productive...
Cabelas (CAB) got my attention this morning. I've got retail very bearish right now but CAB confirmed on the thirty day yesterday and is making a nice flag on the intraday chart.
Cabelas (CAB) got my attention this morning. I've got retail very bearish right now but CAB confirmed on the thirty day yesterday and is making a nice flag on the intraday chart.
CAB came up on my potential short screen as well. Went long puts on JCP instead, retail looks weak again.In the interest of keeping this thread productive...
Cabelas (CAB) got my attention this morning. I've got retail very bearish right now but CAB confirmed on the thirty day yesterday and is making a nice flag on the intraday chart.
Did I ask to be spoon fed?
Or is that another one of your assumptions?
My original post was directed to new traders to persuade them to stay away from a place like this. Everything they've taught here is gibberish. It isn't consistent.
Just a heads up, some people actually have done this for a living. Not at home with Bloomberg TV on, but in a bank with bank capital and directors breathing on their neck with every click of a button.
Please, let's just end the conversation here.
Thank you.
Actually this is a pretty good thread for beginners. Unlike most threads who make trading look easy, this thread focuses on the boring hard work. Think about it, just to participate on it you have you to read 100s or 1000s of pages. People come here asking for a one page summary and I joke they can probably get away with just reading the first 1200 pages instead of the whole thing. Of course I'm not really joking.
I think you will find the quality of the content here higher then any other thread on ET and that goes the same for the posters here. There are no get rich quick potions sold here. We cover every market in the world, talk about the big picture, little picture and get down in the weeds doing good old fashioned data analysis. I strongly emphasize data analysis and using statistics to prove your ideas, not to simply to believe them.
There are lots of threads one could come on at ET and your criticism might be valid. But here it is not. There are a lot of hard working people on this thread. No one here will talk about how easy trading is or making 100% returns. Most that stop by for the first time leave shortly soon after once they realize the work that is required to not only read this thread but simply to participate in it. But the quality is second to none and that is why it's been running for 8 years with over 13 thousand posts.
Regarding the Mark Fisher interview. It's funny how he and I think so much alike. One of my biggest concerns going forward is what I call the 1% growth problem. With all asset classes at all time highs, bonds, equities, real estate, forward returns in everything are going to be near zero. All the underfunded pensions in this country are in a world of hurt. Interesting he brought this up because I think about this every day.
I wasn't too excited about his ETFs. That space is way too crowded
I did agree with him on natural gas vs oil. Sooner or later, weather will return and when it does, volatility will return to natural gas.
I wasn't too excited about his ETFs. That space is way too crowded
I did agree with him on natural gas vs oil. Sooner or later, weather will return and when it does, volatility will return to natural gas.
Regarding the Mark Fisher interview. It's funny how he and I think so much alike. One of my biggest concerns going forward is what I call the 1% growth problem. With all asset classes at all time highs, bonds, equities, real estate, forward returns in everything are going to be near zero. All the underfunded pensions in this country are in a world of hurt. Interesting he brought this up because I think about this every day.
Isn't this only a problem if you think we're at the top? I mean if asset classes continue to go up...basically we continue to turn the wheel then everyone is happy. Of course, we'll pay for this greatly down the road but we just don't know when.