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jimmygold
Registered: Dec 2006
Posts: 154 |
07-20-07 04:51 AM
Quote from rcanfiel:
It would be more encouraging if you didn't ignore people's requests for your personal background. Hook. N Sinker asked some very good questions, and you ignored him. You presented your methods as profitable, successful and what we should do.
Without this, all these things you are posting is gibberish, unproven and useless until proven otherwise.
Then to mikeh, you respond about what you think reliable or successful. So why are you the judge of what is profitable? You are a relative unknown here, so there is no evidence you know more than anyone else.
If you are looking to moderate a fruitful thread, you need not to be the expert .
ha rcan,
I can attest to the fact that this guy , Anek, can really trade. A few months ago I was in the Puretick room for a few weeks and saw this guy trade firsthand . He gave insightdul calls and openly discussed his trading in the live room as he was doing it. And he was really, really consistent in making profitable calls. Day in and day out.
Probably, the best I have ever seen.
Anyway, Anek I really appreciate this new thread and look forward to learn and contribute on an ongoing basis !!
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Anekdoten
Registered: Mar 2007
Posts: 2326 |
07-20-07 05:16 AM
Quote from jimmygold:
Anyway, Anek I really appreciate this new thread and look forward to learn and contribute on an ongoing basis !!
Yep, that is what the journal is for. Hopefully we all learn from this project, myself included of course.
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rcanfiel
Registered: Sep 2006
Posts: 2173 |
07-20-07 06:00 AM
Quote from mikehbeck808:
Yikes, that's some serious negativity. I wasn't trying to moderate, just participate. The original post openely invited questions and observations (isn't that what makes a successful thread?), so I decided to stop lurking for a moment and contribute. I didn't realize I had to prove I was an expert before posting... if that were a requirement elitetrader would be a ghost town.
I openly disclosed that my opinions are not based on real-market experience (just observation and simulated trading), which I dare say is more honest than most of the jokers on this site, so I never claimed to be the judge of anything. I just got very excited by a generous post from someone who is disclosing a logical trading methodology which happens to be extremely similar to a method I've been refining and practicing for several months now. To me that's exciting and encouraging. I don't need someone to show me their bank statement to believe a market approach works, especially if it confirms what I've already noted about market behavior.
Until the OP begins asking for money for his insights, he doesn't have to prove anything to us. It's very easy to try out new methods without risking real $$ on a market simulator. I view threads like this and others that have been started by other generous people to be exactly what they are: a rare gift. Take it or leave it.
You weren't the subject. But it was disappointing when someone else ("Hook) brought up valid points, and the OP blows through them. Readers have the right to ask questions like those, before newbie traders who read this start risking their capital on it.
If someone (OP) present a thread based on his methods as if they are profitable and as the solid basis, not even answering someone who asks valid questions is a poor sign.
And it remains so, to this point.
A person with some 30-40 posts saying he is profitable is a suspicious thing to ET netizens. Next thing you know, AHG will become a website, where followers are encouraged to subscribe.
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abaker
Registered: Mar 2006
Posts: 75 |
07-20-07 07:03 AM
Quote from Anekdoten:
Attached please find one of the main reasons as to why my signals switched from shorts to longs today.
The trendline also marks the three tops I spoke about.
Hi Anek,
On your chart you pointed to a possible trend change.
What caused you to see that. Was it the two higher lows and one higher high(between 13:16 and 13:20), together with the strong upcandle that broke the 50% level of the last down swing?
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Anekdoten
Registered: Mar 2007
Posts: 2326 |
07-20-07 04:48 PM
Quote from abaker:
Hi Anek,
On your chart you pointed to a possible trend change.
What caused you to see that. Was it the two higher lows and one higher high(between 13:16 and 13:20), together with the strong upcandle that broke the 50% level of the last down swing?
Trendline pierced with a body that closed (not a wick but body) and nothing but higher lows. Falling knives rarely make higher lows, when they do, it's most possibly a reversal.
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Anekdoten
Registered: Mar 2007
Posts: 2326 |
07-20-07 04:49 PM
Great day today, nothing but lower highs and lower lows. No reversal yet but the YM approaching the 900 support area so congestion to be expected. The morning however, has been nothing but paradise for the system. In fact, today so far is optimal for my style. Due to OEX and 900 support area I might skip the afternoon and keep the profits. Charts to come....
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