Why does TA not work (for you)?

Quote from marketsurfer:

taking a break, brother Sam. :D

Uh, yeah, okay.

I wonder which other of your posts you have just been bullshitting on?
 
Quote from BSAM:

Uh, yeah, okay.

I wonder which other of your posts you have just been bullshitting on?

Huh? I didn't quantify a time I was done for--- I know we are poking holes in deeply held beliefs here, but no need to resort to personal attacks....
 
Quote from BSAM:

Brother Surf...Since you haven't been a day trader since 2005, how is it you can be telling people how they need to trade?
 
Quote from marketsurfer:

Huh? I didn't quantify a time I was done for--- I know we are poking holes in deeply held beliefs here, but no need to resort to personal attacks....

LOL--you like that word "quantify", huh??
You are truly a lot of fun brother Surf, but please don't ask to trade any of my money or take any of your advice to heart.
 
Quote from BSAM:

Brother Surf...Since you haven't been a day trader since 2005, how is it you can be telling people how they need to trade?


I like to think I keep my fingers on the pulse of the market-- I talk to a lot of people in the business, plus trade daily ( not day trade unless a quick exit is required).
 
Quote from macattack:

Do you think a trader who did nothing but watch charts all day long could be an exceptional trader if he said the reason for his success was his money management or his decision-making process after entering a trade, instead of saying that charting was the reason?

It is only the decision making process after entering.

the supurlative trader has an additional "edge" going for him.

He does the same thing before entering as he does after entering, all in terms of decision making.

The goal of this singular type effort is to find ENDS OF TRENDS.

One true and basic characterisitc of the END of a TREND is that it is identical the the begining of a trend BUT IN THE OPPOSITE DIRECTION.

Imagine you know this. Think about how your emotions would be different than they are in your present trading.

Before you find an entry, you could be calm cool and collected. Once you enter everything is based on below your neckline.

you couild change your whole orientation, if all you did was look for entries. Each entry you would be looking for would ACTUALLY be the exit to your present highly emotional hold.
 
Quote from marketsurfer:

...I like to think I keep my fingers on the pulse of the market-- I talk to a lot of people in the business, plus trade daily ( not day trade unless a quick exit is required).

Okay, brother Surf.
Roll on.
You have provided some great entertainment.
 
Quote from jack hershey:

thanks.

I read the chart numbers wrongly. the series is 71 through 75. (a lateral).

i did go short on 67.

OK... makes more sense. When I have a lateral or any internal as a beginner I simply "fold" the price bar and wait. Do I do the same with the volume bars of those internals?
 
Back
Top