Forums - If Wave and Gann Theories are just joke, why do we believe in other pattern?

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	Forums ›› Technically Speaking ›› Technical Analysis ›› If Wave and Gann Theories are just joke, why do we believe in other pattern?

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cdcaveman

Registered: Aug 2011
Posts: 3517

08-31-12 10:52 AM

Fruity books are a waste... good books help... nothing replaces practice... don't trade other peoples indicators..thats black box trading

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j2ee

Registered: Aug 2012
Posts: 372

09-01-12 03:54 PM

Quote from cdcaveman:

Fruity books are a waste... good books help... nothing replaces practice... don't trade other peoples indicators..thats black box trading

backtest other people indicators or even backtest a lot of indicators combination with your own setting is not blackbox.

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j2ee

Registered: Aug 2012
Posts: 372

09-27-12 10:14 AM

The more I learn and read, the more I feel Wave and Gann theories are just marketing tools at that moment for the advantage of the creator. Gann did earn a lot of money from his speeches and selling "secret numbers and ways". I didn't know what wave theory brought to Elliott but people after him who regularly share their "predication" or "teaching" earn a lot of money in these decades especially very famous icon kind of "wave master".

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j2ee

Registered: Aug 2012
Posts: 372

10-18-12 10:15 AM

Can anyone prove wave theory is not fake and not just a marketing tool for the benefit of the creator/media speaker?

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