The Trouble With Scribbles

[k p]

My god... will these hindsight charts ever end? I'm all for pointing out levels and waiting to see what price does if it reaches this level again, but every single chart shared by 40D or Db only points out something after it has happened. Only an idiot wouldn't see the range yesterday, so the fact that 40D drew up such a nice chart with thick color coded bars I don't think should impress anyone.

The master trader who is supposedly killing it has only talked about 2 trades in the past two days, both of which were before the open, a time he says he hardly ever trades, and not worth very much in terms of points anyway. Then he calls how superior that 4th breakout was, once again, when anyone could have seen that.

I'm following along, and trying to just mind my own business, but everything posted in the past few weeks by everyone is just such bullshit. About the only person here worth anything based on what they post is BrianHarvery who has been completely transparent.

When 40D posts about 1 trade that works out of many that I'm sure he takes, I don't call this magic. When Db says he never talks about entries because all of that is trader's choice, and comes back later to say how someone could net 60 or 90 points, this is just bullshit. His typical excuse of saying that his trades wouldn't help anyone learn sure does make sense, but at the same time, its also the perfect excuse to avail oneself of having to actually to be firm about a call.

I'm going to add to this bullshit thread with my own chart. Did anyone see this amazing opportunity to go short at the area indicated where previous support turned to resistance? It matched up to the tick. Fuck, I should start my own thread about calling everything after the fact, drawing up all these charts when its obvious what is happening.

EDIT: I shouldn't pick on 40D and Db so much because a lot of what B1S2 posts is bullshit as well.

 

[Buy1Sell2]

need to keep it on point here KP and please avoid the personal attacks. I want to point out that I do have a real time trade posted here and it is the only one that's been posted by anyone. My charts are in hindsight to highlight a method, not to show trades I have made. I trade a longer frame chart. I post the intraday charts to keep in line with what most here are interested in and that is daytrading. --I describe a method with the entries,exits and stops so people can see the method.---Make no mistake though, these are exactly the trades and stops that i would use if daytrading. I use the same system for outraday trading.

 

[fortydraws]

so the fact that 40D drew up such a nice chart with thick color coded bars I don't think should impress anyone ... The master trader who is supposedly killing it has only talked about 2 trades in the past two days

I thought we were here to share ideas. I am not trying to impress anyone. I post what I choose to based on what I think will best illustrate the idea(s) I am trying to convey - not what you wish for me to post.

I see the transformation to full blown troll is complete - you can no longer deny it. Well, we all get what we want from the markets. And, apparently, the internet.

 

[k p]

need to keep it on point here KP and please avoid the personal attacks. I want to point out that I do have a real time trade posted here and it is the only one that's been posted by anyone. My charts are in hindsight to highlight a method, not to show trades I have made. I trade a longer frame chart. I post the intraday charts to keep in line with what most here are interested in and that is daytrading. --I describe a method with the entries,exits and stops so people can see the method.

Yes, I guess everyone is highlighting a method, after the fact, and nobody is actually showing the complete result of that method, with trades marked on a chart, by the platform, not just marked in.

Everyone here follows the motto of "do as I say, not as I do" by showing their "method", but nobody actually showing how they used their method on that day. This leads me to believe that not a single person can actually show how superior their method is because if it was, then their results should backup the superiority of the method.

 

[fortydraws]

I want to point out that I do have a real time trade posted here and it is the only one that's been posted by anyone.

 

[k p]

I thought we were here to share ideas. I am not trying to impress anyone. I post what I choose to based on what I think will best illustrate the idea(s) I am trying to convey - not what you wish for me to post.

I see the transformation to full blown troll is complete - you can no longer deny it. Well, we all get what we want from the markets. And, apparently, the internet.

I'm happy to see I've been taken off your ignore list.

Listen 40D, you're obviously making money or else you wouldn't be here all day, but I do believe that you are actually causing more harm than good. You only show charts of price action on days when things line up beautifully, you only show trades that work out marvelously. Why are you so scared to show us when you get it wrong? Why are you so scared to show us the multiple times you have to scratch? Of course you can choose to show what you want, but anytime someone is only showing what they want, only showing the good trades and not the ones that don't work out, any intelligent person is allowed to question.

 

[k p]

I'm gonna do another bullshit chart, in advance. The levels I am watching are 4419 and 4401 as outlined below. I will come back at the end of the day to let you know if there was an opportunity for a breakout trade, or a reversal trade.

 

[Buy1Sell2]

I'm happy to see I've been taken off your ignore list.

Listen 40D, you're obviously making money or else you wouldn't be here all day, but I do believe that you are actually causing more harm than good. You only show charts of price action on days when things line up beautifully, you only show trades that work out marvelously. Why are you so scared to show us when you get it wrong? Why are you so scared to show us the multiple times you have to scratch? Of course you can choose to show what you want, but anytime someone is only showing what they want, only showing the good trades and not the ones that don't work out, any intelligent person is allowed to question.

Correct. This is a major concern and a large portion of my discussion against the scribble method and the teaching of that method. You'll notice that I post both winning and losing trades and I am not even teaching a method.

 

[k p]

Correct. This is a major concern and a large portion of my discussion against the scribble method and the teaching of that method. You'll notice that I post both winning and losing trades and I am not even teaching a method.

Here is the thing. I'm not following too well what you're doing because the trades are from the ES, but as has been pointed out by the other guys, it seems that you are sometimes both long and short at the same time. I have no desire to go through your posts to verify this, but you don't address it, so I'm not sure what is going on. But when you mark up a chart from yesterday for the NQ, this is pretty much useless because I'm damn good at marking up charts too and saying where the opportunities were to buy or sell.

As far as I'm concerned, if this was my thread, I would make it a rule that a person cannot post a trade unless they show a screenshot of it. I know these can be faked, and I don't even expect it done in real time, but if each person could post a chart at the end of the day with their trades marked, by the platform, this would go a long way to eliminating so much of the bullshit here. Of course these could be SIM trades, and of course these can be faked in Photoshop, but at least we would be dealing with a guy who is passionate about faking it and making him go that extra mile.

 

[Buy1Sell2]

The main focus here is that the scribble method is unremarkable in the realization of superior profits, especially when the main ingredient of successful trading is trade management. This is largely ignored by the educators in favor of a 100% right system.