The Senescent Trader

Quote from Joe Doaks:

Forgive me, Steve, but I am too drunk to remember how to log off and on again to maintain the thin fiction that I am not Emil, and he is not me, and both of us are not somebody else.

First I am happy that you are well. I, too, looked at hospital beds, but I could not imagine how my lady of the night could contort her body to snuggle into the bed position that is comfortable to me.

Second, you are a prick for recommending that I look at LRCs when you later abandoned them, but hey, if not for you I would not have revisited my decades-old math and started computing the correlation coefficient on various time scales.

Third, your post is perhaps the most eloquent exposition I have ever read describing the rhythm of the market. Astonishingly accurate in a lyrical way! But lest our readers be deceived, VWAP is utterly worthless! What were you thinking to assert that it has utility? The most casual search on ET will show that ET is unaware of WVAP. Hence it cannot have any value. Recant! And in future try not to give ET anything of value.

I repeat, lest ET be deceived, that WVAP is merely a construct designed to make brokers rich, and traders poor. You are well advised to ignore it. Think of those who disparage Steve. That would be virtually all of ET. How can they all be wrong? He is a phalse profit!
More...

LMFAO!!!
 
As regards your comment on the VWAP, I realize the error of my ways. Please forget everything I have said about VWAP. ACTUALLY it is better known as VCRAP and is of absolutely no use for any kind of trading...DO NOT, I REPEAT DO NOT BOTHER WITH VWOP.....Forgive me I was temporarily out of my freaking mind......

Actually I am having great success trading moving average crossovers....yes thats it....lots and lots of moving average crossovers.....and doji's yes many many doji's......I have to go now...it is time for my pills....
 
I love all of this chatter about How-Two’s of trading, if you could all take a moment to step back and look at what you are actually creating even when the market is closed you would realize what makes a market in the first place, differences of opinion, we can not be all in agreement or it would never work, I say up, you say down, this guy stays out, that guy is holding for days, Tom scalps
Tim swing trades it is all good and healthy to vent our opinions
but it is what makes the markets so exciting to trade is our ways
of looking at the markets in the first place.

However we all would be better traders if we just traded what we saw and not our beliefs

Take Care,

Joe Baker
 
No not at all, I am saying that we need to have both sides of
opinion Long, short to have price movement or we would not move at all
 
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