The Trouble With Scribbles

Discussion in 'Technical Analysis' started by Buy1Sell2, Mar 30, 2015.

  1. Buy1Sell2

    Buy1Sell2

    No. The thread is not that. Also Prudent Money Management is never a dinosaur.
     
    #811     Apr 28, 2015
  2. dbphoenix

    dbphoenix

    Except that losses are automatically cut short and profits are allowed to run.
     
    #812     Apr 28, 2015
  3. dbphoenix

    dbphoenix

    Now 813. And the thread goes on . . .
     
    #813     Apr 28, 2015
  4. LMFAO!!! This is great material, you should do stand-up! I can see the skit now.....
     
    #814     Apr 28, 2015
  5. Automatically??
     
    #815     Apr 28, 2015
  6. I normally get paid to promote, so thank your lucky stars i find humour in this material...
     
    #816     Apr 28, 2015
  7. Buy1Sell2

    Buy1Sell2

    Good question as the Scribble method cannot be automated. It's too arbitrary and exceedingly subjective.
     
    #817     Apr 28, 2015
  8. dbphoenix

    dbphoenix

    As is the "grail system". What matters is which makes the most money. Even in hindsight, the "grail system" can't outperform the SLA.
     
    #818     Apr 28, 2015
  9. Yes, funny why they just don't admit this. Makes it clear they really don't even trade it. I have no problem ( or no evidence) of intuitive trading savants that may or may not exist-- If these folks would just admit the subjectivity, no one could argue with them. It is the fact they try to present it as a objective system that is their own self destruction

    When it is automated and tested over multi-years of data, it losses money-- add in the vig and its a disaster.
     
    #819     Apr 28, 2015
    Buy1Sell2 likes this.
  10. Buy1Sell2

    Buy1Sell2

    Are there any other bingos?
     
    #820     Apr 28, 2015