Why do people use Volume, Range and Tic charts?

Vienna · Dec 3, 2006

Quote from marketsurfer:

.

you are defending a person who claims perfection, who posted a nearly perfect track record for several years and sells seminars based on the above. why??

Because I am his secret vending agent.. I get 50% of the seminar fees, and free T-shirts. I am proflogic in disguise. We are really all one person, I am marketsurfer as well trying to attract attention to proflogic's threads and making proflogic look smarter by comparison... I also run the marketsurfer journal exclusively for that purpose... all of the above is meant sarcastically, in case this was missed,

You are mistaken: I am not defending him, I am exposing you...

Why? Because, over time, I slowly started to dislike the way with which you try to divert, confuse, mess with and detract from what I consider interesting threads, without contributing anything of value that I can see. (And I am doing it for my entertainment, too).
That's it. But enough attention given to this subject....

marketsurfer · Dec 3, 2006

Quote from Vienna:

Because I am his secret vending agent.. I get 50% of the seminar fees, and free T-shirts. I am proflogic in disguise. We are really all one person, I am marketsurfer as well trying to attract attention to proflogic's threads and making proflogic look smarter by comparison... I also run the marketsurfer journal exclusively for that purpose... all of the above is meant sarcastically, in case this was missed,

You are mistaken: I am not defending him, I am exposing you...

Why? Because, over time, I slowly started to dislike the way with which you try to divert, confuse, mess with and detract from what I consider interesting threads, without contributing anything of value that I can see. (And I am doing it for my entertainment, too).
That's it. But enough attention given to this subject....

ok. if you truly believe that using odd sized tic charts give you an edge, and/or proflogic has the holy grail--- go for it! you should put me on ignore--that way no one will interfere with your belief system.

the value is trying to get others to think for themselves and not follow gurus or untested methods.

regards,

surf

ProfLogic · Dec 3, 2006

Quote from budha:

I've been creating varying tic and volume charts and comparing them to my usual "time" charts ever since 11-15-06 when fearless invited PL to elucidate on volume charts on this thread.

What I see is that sometimes a tic chart or a volume chart can make price movement appear to have more regularity but not always. Sometimes my time charts make price movement more clear (i.e., more cyclical)

Changing the number of tics or the volume of transactions that constitute a price bar in order to make price action look better seems akin to optimization when developing a trading system. A system that is optimized to perform well in one market condition will probably perform poorly under different market conditions. Likewise, does a volume2401 chart always enable you to "see" the matrix more clearly?

Admittedly, I haven't conducted an indepth analysis.......I never looked at a volume chart before PL mentioned them a few weeks ago.

Thnx....budha

Three weeks of watching anything won't prove its usefulness to you. Patience. I've only got about 12 years over you in viewing this but it won't take you that long to prove this to yourself.

You aren't arbitrarily changing the chart "to make it look better". You are creating an environment of mathematical nesting. It doesn't matter what combination of squares you use but use what you use in sequence. Jimmy hit the nail on the head earlier when he took what I showed him and built his trading environment around what he was comfortable with.

ProfLogic · Dec 3, 2006

Quote from marketsurfer:

Bingo Buddha!

you are on the right track. nice work! appearances in this game can be very deceiving. the claims in this thread have been extensively tested and evaluated by far greater minds than myself resulting in nothing of value. why everyone seems to be falling for this subtle sales pitch is beyond my understanding.

regards,

You're amazing. Your stating that what I have shown here in this thread has been extensively tested and evaluated is curious. Please expound. First, you have absolutely no clue as to applying the particulars of what I do so how on earth could you ever express that to any one to test it.

By the way, what sales pitch? Please post a link to any post I have made here on ET soliciting anything? You follow me around ET like a little pissing puppy. Give it a rest and go find someone else to annoy.

ProfLogic · Dec 3, 2006

Quote from marketsurfer:

yes, all traders have losing streaks--- i am in one now. yes, i found something that tests far better than my old methods--am i going to reveal it here, other than the trades it produces? NO WAY! this does not mean that it never loses, far from it.

however, my record, recorded in public forum since 1999, speaks for itself in both accuracy and acumen.

you are defending a person who claims perfection, who posted a nearly perfect track record for several years and sells seminars based on the above. why??

I'm not going to piss with you. My prostate is just fine. I've never claimed perfection here on ET, all I have done is to offer ideas and then allow traders to test them to see if they will work for them. I've never mentioned my site . . . EVER. You have though, why?

ProfLogic · Dec 3, 2006

Quote from marketsurfer:

. . . the value is trying to get others to think for themselves and not follow gurus or untested methods.

regards,

surf

This is probably the smartest thing you have ever said . . . to bad you don't understand it or believe it.

I teach traders to ONLY think for themselves, to NEVER trust ANYONE BLINDLY and to ONLY utilize what they can VERIFY from their OWN TESTING.

You have never tested a single damn thing I do but yet you follow me around in every thread trying to discredit my ideas. It would be a lot easier to just do the research on your own and then come back with documentation showing the whole world that I am wrong but the problem with that is you can't do the work.

JimmyJam · Dec 4, 2006

OK smurf, you asked for it, you got it.

First of all you attacked ProfLogic on his own thread under the guise of an alias (Hank Rollins, as if).
http://www.elitetrader.com/vb/showt...e=20&highlight=proflogic journal&pagenumber=1

Then, when he showed everyone that he was a better trader than you (using the exact techniques which he has given knowledge of in this thread BTW) ...

http://www.elitetrader.com/vb/showthread.php?threadid=5285&perpage=6&pagenumber=610
http://www.elitetrader.com/vb/showthread.php?threadid=5285&perpage=6&pagenumber=611
http://www.elitetrader.com/vb/showthread.php?threadid=5285&perpage=6&pagenumber=612

Embarrassed, you demanded that ProfLogic leave your thread
http://www.elitetrader.com/vb/showthread.php?threadid=5285&perpage=6&pagenumber=629
http://www.elitetrader.com/vb/showthread.php?threadid=5285&perpage=6&pagenumber=630

And then Magna comes along and tells everyone to stop being mean to smurf (like he's your daddy), and he threatens to kick everyone out of your sandbox with the following statements:
a) if you don't like the thread, well then leave (which I - and everyone else, were happy to do)
b) no more pissing matches. No problem, I personally don't want to discuss anything with you, and from the hits your thread has been getting ever since your EUR/USD paper trade flub, neither does anyone else â¦ except the NOOBS and (Volente_00, who keeps making calls that are better than yours).
http://www.elitetrader.com/vb/showthread.php?threadid=5285&perpage=6&pagenumber=639

and to top it off, smurf the great trader got scared out of his longs ...
http://www.elitetrader.com/vb/showthread.php?threadid=5285&perpage=6&pagenumber=648

when my money says if we get a buy signal tomorrow (see previous chart and setups described by ProfLogic) I'll be taking it.

After all that, you have the nerve to come to this thread (after everyone has been told by the powers-that-be to leave you alone â¦ and we have) starting your trash talking yet again.

Hey Smurf, I supported you all along because I was interested in the TRADING, I thought you had something to add as a TRADER, but you seem to concentrate a lot more attention on attacking ProfLogic than you do in managing your position, and going out of your way to discredit him, when actually it is you who appear to be the attention seeking boor with your "Lunch with Marketsurfer" thread (oh boy, the things they missed!).

Somebody is in serious need of professional help here.

To quote you, "go back to your little pond" smurffet:

Jimmy Jam

fearless9 · Dec 4, 2006

Come on people let us just stick to constructive comment and leave the personal stuff to others.

Life is a smorgasbord.
Just take what suits your palate at the time and leave the rest behind in good condition for others.

I think that I have made it very clear what I have learnt from this thread so far and there will be others who have mined far far more because their trading philosophy is much less defined and therefore more open (susceptible) to different approaches and opinions.

I would suggest that if you disagree with a post, then make your point and move on.
It is then up to other people to call for expansion and clarity if they are sufficiently interested.

FWIW my suggestion to newbies is to develop and refine a trading philosophy as soon as possible. I know that this is not easy to do as you feel that you need a critical mass of knowledge first. But just keep trying and adjusting as you go.
Goodluck

JimmyJam · Dec 4, 2006

Quote from fearless9:

Come on people let us just stick to constructive comment and leave the personal stuff to others.

Actually the information revealed in my post speaks volumes as to why MarketSurfer continues to hound this thread, making undercutting remarks and attempting to discredit any and everything ProfLogic has to say.

Me personally, I'm sick of it, and seeing as how we were told to leave Surf's thread if we didn't want to hear what he has to say, I definitely don't want him polluting this one anymore.

Good Luck to you too,

Jimmy Jam

Charly · Dec 4, 2006

Overlook it - don't read it and keep