The Trouble With Scribbles

marketsurfer · Apr 12, 2015

These folks are apparently claiming to be some type of market reading intuitive savants based on the last several pages. Is it possible that they are, sure. Is it likely, no. In fact, I would strongly bet against it. Any real intuitive savant would not be posting about in a public forum for obvious reasons. surf

romik · Apr 12, 2015

DB. Why don't you just say a break of a line constitutes direction of trade, stops to be placed above/below current range being traded. You post so many words, when only few are required.

dbphoenix · Apr 12, 2015

romik said:
DB. Why don't you just say a break of a line constitutes direction of trade, stops to be placed above/below current range being traded. You post so many words, when only few are required.

Because it doesn't and they aren't.

If you're not interested, just let it go. It's a waste of my time to keep trying to explain something to somebody who has no idea what I'm talking about.

Autodidact · Apr 12, 2015

romik said:
DB. Why don't you just say a break of a line constitutes direction of trade, stops to be placed above/below current range being traded. You post so many words, when only few are required.

Because in this board, obfuscation is the way of the Guru, somehow Jack Hershey and his Machiavellian dribble faded away, now we getting a new one.

Other day I asked him what constitutes the confirmation of a breakout and I got linked a 70+ document along and "70+" excuses but a real answer.

These characters are better left alone.

romik · Apr 12, 2015

I don't believe over complication of trade decisions makes much sense, the way forward is to simplify data, not the opposite.

dbphoenix · Apr 12, 2015

Autodidact said:
Because in this board, obfuscation is the way of the Guru, somehow Jack Hershey and his Machiavellian dribble faded away, now we getting a new one.

Other day I asked him what constitutes the confirmation of a breakout and I got linked a 70+ document along and "70+" excuses but a real answer.

These characters are better left alone.

Nothing obfuscatory about it.

If price breaks out above a range, go long.

If it breaks out below, short.

Simple.

As for the SLA/AMT, it's only 42 pages, half of which are charts. The rest are appendices.

dbphoenix · Apr 12, 2015

romik said:
I don't believe over complication of trade decisions makes much sense, the way forward is to simplify data, not the opposite.

This is as simple as it gets.

Trending/ranging.

Breakouts, reversals, retracements.

No indicators.

Simple.

dbphoenix · Apr 12, 2015

marketsurfer said:
It proves he took too much risk, nothing more, nothing less. but remember

Niederhoffer was also ranked #1 money manager for a decade after making 100's of millions for his clients.

What price action type fund was ever ranked for anything other than losing money for its clients?

surf

He blew up twice.

Autodidact · Apr 12, 2015

dbphoenix said:
Nothing obfuscatory about it.

If price breaks out above a range, go long.

If it breaks out below, short.

Simple.

As for the SLA/AMT, it's only 42 pages, half of which are charts. The rest are appendices.

If I ask you to define "break" I will get obfuscation.

fortydraws · Apr 12, 2015

romik said:
DB. Why don't you just say a break of a line constitutes direction of trade, stops to be placed above/below current range being traded. You post so many words, when only few are required.

One wonders if it wouldn't be easier on all involved if when someone asks a question and someone else answers it, if the one asking would at least read the answer before asking the same question all over again.