Quote from nysestocks:
Bullshite!
Go off and bring me back the data of the last 200 trades from the top 10 journal traders on ET, and I will show you how good the POP story really is![]()
This is more of the same old rubbish - and please stop posting rules, as there are no rules that can be applied to random events!
You can, however, look for signs of stupid and idiotic behaviour, but that is not a rule, it is an observation that should tell you that now the idiots are starting at it again, and so this is now my chance to take some big money from them, to add to my little money that I take each and every day.
90% and 10% - remember!
Ok, time to go and see if I can ring into Cramer to tell him what I think of him![]()
Dammit! I have to agree with nysestocks again!
What is your proof? How do you determine this?
As far as I'm concerned, it's a game of math. Your proof seems awfully subjective so far. If you can do it, then great. But I wouldn't try it at home.