Trader Girl Forex Trades

Trader,

Appreciate your info. But with all due respect if you disagree with Amy's method, please keep it to yourself. We don't need arguing each other what doesn't work. If it works for Amy, then fine, so be it. There's no need to gain prove from her statement.

Time is money, seriously we don't have time to read arguments. We're here only interested in ideas, whether you're against it or not. Take it or leave it.

Carry on Amy.

Q for you Trader. Are you a freelance trader? Or do you work for hedge fund firm?


Quote from TraderZones:

The point is, they DON'T work. I posted a serious institutional study a couple pages back that strongly proves they are no more useful than any other level.

Speculating on the reasons they do is a cosmic waste of time. Beliefs and opinions mean nothing. Evidence and proof mean everything.

An edge is quantifiable. That there is a longterm uplift in the stock market during the last couple days of a month and first few days of the next month is beyond doubt - it has been working for a good century. It doesn't always work, but year in and year out, it remains.

Fib levels have been shot down multiple times by very smart peiople who subject it to rigorous tests. The fact that people still believe in it is no more interesting than people convinced that a giant dinosaur-era marine reptile exists in Loch Ness, even though the Loch is only some 10,000 years old and marine reptiles disappeared 65 million years ago.
 
From traderzones ebook.

The idea that prices retrace to a Fibonacci ratio or round fraction of the previous trend clearly lacks any scientific rationale. However, this phenomenon is well bedded into the mind of the marketplace, and so may be self-fulfilling.

I have always heard that Fibs work due to the self-fulfilling nature of the marketplace and it seems the ebook agrees with me.
 
Quote from amytrade:

And yet YOU are still reading and posting your garbage. That seals the deal, if it looks like an idiot, sounds like an idiot, SMELLS like an idiot, YOU must be an idiot!

Garbage is your dept. I appeal to solid evidence and you appeal to vapors. If it looks like a newbie and talks like a newbie and knows nothing like a newbie, it is probably Trader Tot. You stare proof in the face, and fight back with statistical BS (Gee, I disproved your major study with a couple of examples!) Then appeal to "OK, call them voodoo levels"

I've posted at least a dozen methods that by themselves they make money. You? You've posted complete and utter bullshit.

Again, POST THE STATEMENTS that prove you "make a ton of money?"

You're not a real trader, you don't make money trading and you're jealous of those who do, probably especially so when its a woman half your age.

A real trader knows someone who is founded on complete garbage. You claim a ton of money made and you think I am jealous of a little girl who thinks anonymous claims has meaning. You claim a ton of money, POST THE STATEMENTS.

I repeat my challenge to YOU. Post your analysis of the NEXT DAY and let's compare what you have to offer. Let's just see who's more accurate in predicting the NEXT DAY's price action. If you're even 1/4 of a MAN you will take my challenge. Anybody want to bet he won't take my challenge? The worst fear he has is to be PROVEN a horrible trader which I hope he allows me to do!

You are accurate? POST THE STATEMENTS. If you are even a 1/4 of a WOMAN, you will not make false claims. You will POST THE STATEMENTS. The worst fear you have, is for others to know you are BS-ing. Why do you keep appealing to woman, man, half the age and other trivial things? Gender, age and other things half nothing to do with trading. Stop appealing to more voodoo and POST THE STATEMENTS TO SHOW YOU MAKE "A TON OF MONEY."
 
Quote from imbiber:

From traderzones ebook.



I have always heard that Fibs work due to the self-fulfilling nature of the marketplace and it seems the ebook agrees with me.

I never wrote an "ebook. And the if Fib levels don't work under rigorous testing, then there is obviously nothing "self-fulfilling" about them.
 
Quote from melb-nyc:

Trader,

Appreciate your info. But with all due respect if you disagree with Amy's method, please keep it to yourself. We don't need arguing each other what doesn't work. If it works for Amy, then fine, so be it. There's no need to gain prove from her statement.

Time is money, seriously we don't have time to read arguments. We're here only interested in ideas, whether you're against it or not. Take it or leave it.

Carry on Amy.

Q for you Trader. Are you a freelance trader? Or do you work for hedge fund firm?

I work in the financial industry, including IBs, electronic trading floor and the trading arm of insurance companies. Stuff like Amy's voodoo levels is roundly chuckled. Well it doesn't work. But she believes in it. So therefore, it must have value. Um, year right.
 
So TraderZones I take it you are NOT going to take my challenge?

I have posted both directional bias and levels I plan to buy/sell the next day for quite awhile. The proof of this is for all to SEE.

All I'm saying is YOU claim to be a professional trader and I'm asking you to post YOUR ANALYSIS for tomorrow!

Again why are you afraid to do this? Stop hemming and hawing and put up or SHUT UP. Stop talking about what does NOT work and why not share some methodology you feel DOES work.
 
Quote from TraderZones:

I work in the financial industry, including IBs, electronic trading floor and the trading arm of insurance companies. Stuff like Amy's voodoo levels is roundly chuckled. Well it doesn't work. But she believes in it. So therefore, it must have value. Um, year right.

Working in the BACK OFFICE of a trading firm or insurance company does NOT MAKE YOU A TRADER.

Just as I thought!

Put up or shut up buddy. Post your analysis for tomorrow TONIGHT!
 
Quote from Martinghoul:

Incorrect and I completely disagree with a whole number of points.

Firstly, the fact that there's an institutional study out there that argues a specific point is irrelevant. I can point you to a whole bunch of rigorous academic research out there that is either completely wrong or impractical to a degree that makes it as good as wrong (PM me for examples).

Secondly, a world where 'evidence and proof' reigns is your dream. Everything is subjective and axioms are simply assumptions. Again, I can point to volumes of research that is deeply flawed because 'evidence and proof' it cites is based on fundamentally flawed assumptions.


institutional study runs a massive 10 year test on an indicator on a major index. Indicator provides no edge. Newbies on a forum disagree with studies and offer opinion and conjecture and belief in return.

Sorry, but your belief to the opposite is of no interest to me. I have seen many people try this and it is pretty much always infantile. I will go with the proof. Religious beliefs in trading methods have no place.

Thirdly, there's a very large difference between edge and market phenomena. Edge can, in fact, exploit mkt inefficiencies (like the example of the behavioural finance result that you have given), but it doesn't have to. My view is that Amy's real edge is actually risk management and has nothing to do with Fibonacci or any other form of witchcraft.

Amy has offered no proof of a edge. I asked her multiple times - you say you make a "ton of money." You offer no proof. Show the statements. Otherwise, you are delusional.
 
Amy, just a question. You discredit others without proof, you have not put up any proof you make any money, no problem, maybe this is really just an idea exchange. But possibly you should put up some evidence yourself first before you ask others to do so. What do you think? (keyword: statements).

Can I seriously ask what the purpose of this thread is for you yourself? Thats an honest question.




Quote from amytrade:

Working in the BACK OFFICE of a trading firm or insurance company does NOT MAKE YOU A TRADER.

Just as I thought!

Put up or shut up buddy. Post your analysis for tomorrow TONIGHT!
 
Quote from TraderZones:
institutional study runs a massive 10 year test on an indicator on a major index. Indicator provides no edge. Newbies on a forum disagree with studies and offer opinion and conjecture and belief in return.

Sorry, but your belief to the opposite is of no interest to me. I have seen many people try this and it is pretty much always infantile. I will go with the proof. Religious beliefs in trading methods have no place.

Amy has offered no proof of a edge. I asked her multiple times - you say you make a "ton of money." You offer no proof. Show the statements. Otherwise, you are delusional.
I would love to see your institutional study. Do you wanna make me a mkt on the probability that I can prove that its reasoning is either wrong or based on unrealistic assumptions? Here's your opportunity to put some money on the table...

So what if it's a 'massive, 10 year test of an indicator'? I have seen bigger academic results that were perceived to be iron-clad crash and burn in a most spectacular fashion. Moreover, if you describe newbies as people who 'offer opinion and conjecture and belief', your blind belief in this fantastical study would classify you as a newbie, no?

Additionally, I never offered any belief, religious, infantile or otherwise, since I have no belief to offer. All I volunteered to you is some healthy skepticism about BOTH your study and the subject of these Fib levels.

Finally, what I am saying is that there is NO strategy out there that works for all people all the time (even things that were perceived as arbitrage turned out to be such only with a whole lot of assumptions, which proved to be incorrect). Amy has some method that seems to work for her. Whether it REALLY does work, I don't care. In this forum, you take everything you read with a pinch of salt. Caveat emptor, and all that, you know.
 
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