trend following delusion shattered
- Thread starter hank rollins
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Prof...I see you're using MultiCharts software for charting. How do you like the program? How does it compare with others?
Quote from ProfLogic:
Hey Spyder . . . nice to see you discovered the Ergodic. What a wonderful indicator. Just don't overuse it. Sometime we will have to meet and compare notes.
Here is the ERG on the Euro FX for today. Again . . . what trend?
I like it but it is definately a professional package. It takes a beefy processor to push it. I have 700 symbols/charts I collect data for so I abuse it more than most. It is one of the few charting packages out there though that does Volume Bar Charts accurately.
It is getting better all of the time. I think it will start running circles around Tradestation in about a year. It is adding a Commercial Portfolio Management package soon too. (I have no need for this but Surf might) They just added a FOREX charting package as well. (I don't use that either)
Quote from Cheese:
If the given list of profits are not real, proven or actual trades, what are they?
Thank you for asking. Since Surf won't admit to purposely deleting the detailed explanation . . . I will post it for you. This is what is written at the top of the page Surf omitted.
"All Trade Set-Ups and results on this page are based on my ______ Methodology and are based on Objective Rules. Trade Set-Ups or Triggers in the CONFIRMED direction or CONFIRMED pull-back direction of the ___ Volume Bar Chart with the Trade Set-Up Entry and Trade Reversal coming from the __ Volume Bar Chart ERG. Prime Physical Failures, Physical Price Failures or Physical Price Failures & Divergence will be used for preparation of the execution of Trades and Prices Failures will be the ultimate executions of Entries & Reversals. All trading scenarios shown here are based on perfect set-ups showing the average number of PIPS that can be extracted from the Market on any given day. Since traders are not perfect or do not trade 24 hours a day, real results will vary due to emotion, trading hours & slippage figured into the trades. Consider each of these Set-Ups as a snap shot of a perfect trading scenario (STRONG) or aggressive trading scenario (WEAK) to use in fine tuning your inter-day or position trading.
This shows an individual continuously in the Market and only reversing position on each set-up. This page is to show what PIPS are available from the Market on a Daily basis NOT what MUST be taken from the Market. I teach that until an individual can clearly "SEE" each set-up to only take the CLEAR set-ups. This will maximize profits during the learning process because the more consistency you see in the Market price action the CLEARER all the set-ups become. These figures also show you the best times of the day to trade based on the highest percentage of trade triggers during those hours. This shows a trader the times when the greatest potential for profit occur. These tables show a grand percentage of accuracy but think about this; Capturing approximately 5% or less of the Daily Available Pips would have gotten your goal in January, March, April & June, approximately 7% in February, approximately 6% in July & approximately 2.5% in May . Are these percentages more than realistic percentages for trading profitably?"
The goal I speak of is 43 Pips per Month.
Bill
<b>"All Trade Set-Ups and results on this page are based on my ______ Methodology and are based on Objective Rules. Trade Set-Ups or Triggers in the CONFIRMED direction or CONFIRMED pull-back direction of the ___ Volume Bar Chart with the Trade Set-Up Entry and Trade Reversal coming from the __ Volume Bar Chart ERG. Prime Physical Failures, Physical Price Failures or Physical Price Failures & Divergence will be used for preparation of the execution of Trades and Prices Failures will be the ultimate executions of Entries & Reversals. All trading scenarios shown here are based on perfect set-ups showing the average number of PIPS that can be extracted from the Market on any given day. Since traders are not perfect or do not trade 24 hours a day, real results will vary due to emotion, trading hours & slippage figured into the trades. Consider each of these Set-Ups as a snap shot of a perfect trading scenario (STRONG) or aggressive trading scenario (WEAK) to use in fine tuning your inter-day or position trading.</b>
can your system be programed, thus eliminating the "human factor"?
surf
can your system be programed, thus eliminating the "human factor"?
surf
Quote from bsmeter:
Are you still short crude?!
yes.
the professor fails to understand that the issue here is not the creative and unusually written disclaimer or his untrue, mean spirited and libelist accusations; but rather the use of psuedo trade results to boast credibility among the naive and true believers.
in no way am i saying that it is impossible that the professor doesn't have a decent system, he may very well---i really have no idea. however, the marketing materials seem to dictate that its a sham.
please refrain from the personal attacks, professor. i have been treating you personally with respect and expect the same in return. answer my challenge rather than diverting the issues.
regards
surf
<i> open up the borders to the rivers running green, cause i got traunches full of dollars to sell you gasoline</i>
ok, has this been done ?
<i> open up the borders to the rivers running green, cause i got traunches full of dollars to sell you gasoline</i>
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