the politically incorrect truth why TA can't work (for you)

[luckyluciano]

Quote from oilfxpro:

Your success is not based on t/a but on your own ability, because if everybody could not make profit from it , then it is not t/a.

This is the politically incorrect thread so here goes. No shit Einstein! My own ability and together with the tools I use. A carpenter needs skills to use his hammer but what happens if you take his hammer away.

Everyone can profit, they are just too stubborn not to mention stupid. They trade what they think not what they see. Like all the morons going long on RIMM and FACEBOOK etc.
That's why they remain in the 95% club!

Look at ITP.To! I put my wife's RRSP in there at $6.49 at end of May, 90 days ago. It's up 38%, that's 12% per month! Even my children understand the simplicity.

But how many ET'ers are open minded enough? The mind works like a parachute, only when it is open. How many ET'ers make 12% per month?

They want to remain in the 95% club where it is cozy and comfortable. Everyone gets exactly what they are looking for from the markets. Most traders only want to be right.


Please do yourself a favor and quit while you are ahead..... You make continuous silly statements.

 

[jnbadger]

Quote from Xspurt:

Nah not turned away from trading jnbadger, they just go somewhere constructive. Look at the BigMike stats and compare them with ET. We are averaging down here and in terminal decline, but that's how Baron wants it.

A fatal mistake when two trends are in opposition like this and a few more years will show the obvious end results.

Who the hell is big mike, and why would baron want an averaging down type of a message board. I'm a farm boy turned daytrader, so please type slowly.

 

[Wide Tailz]

Quote from luckyluciano:

You make continuous silly statements.

For the purpose of getting the Gurus to spill their guts. He's not as dumb as he looks. The secrets tend to present themselves in the midst of conflict......

 

[oilfxpro]

Quote from luckyluciano:



Please do yourself a favor and quit while you are ahead..... You make continuous silly statements.

Give a man a map or a revolving/dynamic map and the man gets an edge to win the grand prix or at the least dive from A to B.

 

[Xspurt]

Quote from jnbadger:

Who the hell is big mike, and why would baron want an averaging down type of a message board. I'm a farm boy turned daytrader, so please type slowly.

LOL. Sorry jnbadger. Google bigmiketrading, look at the number of members and guests and compare with ET. Worse than the stats is the membership here is free but they pay there so that threads stay on topic.

Then read the following thread to see Baron's take on ET...

http://www.elitetrader.com/vb/showthread.php?s=&threadid=245108&perpage=6&pagenumber=1

Now as for the "why" question, I think that is like Surf's gold call and thinking all is well when the ship is sinking. Some people see a trend and believe in it - some don't.

If you can beat a free model with a paid model when both have similar content provided by the membership, you're either very clever or competing against ...

 

[jnbadger]

Fair enough, and i appreciate the explanation. But why the hell would i pay to read this shit? I like et, but i wouldn't pay for it.

 

[Xspurt]

Quote from jnbadger:

Fair enough, and i appreciate the explanation. But why the hell would i pay to read this shit? I like et, but i wouldn't pay for it.

Well the pitch is you get better content and no mulit - aliases, trash posting etc.

Personally I don't subscribe to paying to post but it seems to be very popular. Perhaps one day...

 

[luckyluciano]

Quote from oilfxpro:

Give a man a map or a revolving/dynamic map and the man gets an edge to win the grand prix or at the least dive from A to B.

Do you see yourself in this description of ET forum Mr oilfx......

I have a number of possible explanations for that. Real traders exasperated by pretend traders. Outrage at con artists who hustle the gullible. Posters who pose as gurus but speak in the most turbid turgid manner imaginable. Totally ignorate noobs who seek advice and then argue with you about it. Idiot sponsors who post the same announcement in six different fora. Sock puppets talking to themselves. Trading psychologists who don't trade. Non-native speaker spammers who think they're being subtle. That's just for starters.

 

[jnbadger]

Quote from luckyluciano:

Sock puppets talking to themselves.

I hate that.

 

[luckyluciano]

Quote from jnbadger:

I hate that.

I don't recall saying that. And off topic I might add.