Quote from Martinghoul:
Firstly, like yourself I don't see any evidence, but neither do I require any. Why would I?
Secondly, I don't know what she is, but I have no reason to believe that she is a maladroit and ne'er-do-well, as you claim, either. And, you know what, frankly I just don't give a damn. She can be Chuck Norris for all I care.
In general, I would suggest that you come to the wrong place seeking a proper scientific debate on relative merits of a given strategy. If you want to conduct an academically sound analysis of a Fib-level driven strategy, pls feel free. There are good academics that have done this (like Lo and others) and published interesting papers on the subject. However, I would suggest that this forum is not the place to discuss these subjects, which is exactly why I don't care what the strategy is, but rather suggest that, judging by her posts, Amy is very good at risk management.
Finally, I would advise that your expectations are in need of a revision. The medium that a public forum like this provides is ill-suited to the sort of discussion you're trying to engage in.
Finally an intelligent post. Well said. Dozens of posts ago when this nonsense first began to rage over nothing. I posted a comment about Fibs presenting great risk reward scenarios to the RIGHT TRADER that believes in them and knows how to use them.
Like everything else in trading it is finding an edge (even if that edge is just chart reading) and applying ruthless risk management principles. I believe I even presented a pic from that day and some random market like the grains to prove the point.
TraderZones does not use fibs nor does he like them. Therefore the whole thread has to be tied up while he argues endless nonsense that has nothing to do with Amy's success.
(and my gut feel is that Amy is not lying or wasting time trying to peddle something ---she is just updating a journal or TRYING TO----Furthermore, my gut feel is that she is a successful trader and yes Risk Management has everything to do with it.)