I think what you're actually seeing when you say that these things "work" is that they don't NOT work ALL the time. So, you could trade, e.g. Gann, for a few years before you blow out. With very conservative money management, it could take you a half-decade or more, depending on your starting stake, before you lost all your money. I doubt any of them work in the sense of long-term positive expectancy. But, this is only something I suspect and I wouldn't know for sure, since I use something which is not based on anything you've mentioned.
No, the public knowledge is designed to take your money. The public knowledge does not work very well because by the time it becomes public knowledge the stock has been set up to take your money. Its almost advantageous to always do the opposite of public knowlege. Really, to be successful , once you have received the public knowledge you need to reference the chart of the stock and see what has been done beforehand, before the news.For , instance, if the stock has been terribly run down before earnings then its being positioned to run, and vice versa,... If its been run up before earnings then its in positon to turn downwards.
First of all : Welcome to the board. You are absolutly right in your example. My point is that this information you share in your response is 'public knowledge' under traders and investors and that this works to make money in stocks. Like many other thousands of things that is writen about trading and investing... And that it is the people who interpreted the message trough their 'experiences' and 'thoughts' and fail to see how it really works... To all of ET: I see I'm over 200 post in ten years, it is time to start doing something else with the free time I have, then posting here. So good luck to you all, I'm going to stop posting now for a while. (if there is a party because I stop posting, please send me some cake!)
Average per capita income for the US is ~ $41k as of 2011: http://bber.unm.edu/econ/us-pci.htm Interesting to note the highest per capita income (almost $17k more than the next closest state) is in the District of Columbia. Isn't that where the politicians and lobbyists all live?? :eek:
From your comments above and your trading print, a person who is used to mentoring others, can explain a lot to a person like you. Blah blah blah. See if you can keep the blahs I just gave you in mind. They cover the objections you offered of the help I gave you. From my comments you now know more about what your problem is with your erroneous belief system. So now you have another choice to make. Can you can the crap you tell me and begin to do what I say and repeat what I suggest over and over. I looked at forty minutes of your activity in two kinds of CW markets. Cw calls them chop and trending. I was informing you of the difference. And I told you how to operate in each. Lets just let it go at this. You feel it is more important to be correct than to be rich. Look at blowinski avoiding seeing his first practice run on a 60 plus sharpe ratio trading test. He is like you. He has the facts in hand and doesn't know it. There may be a term for what you two have as a common handicap. I have already explained in this thread that what I say is indisputable. Yet you two can't understand what that means and what to do as your next steps.
I know, I know, I would not post for a while. I promise this is the last one: He, Jack, how about todays trade. I'm I getting close???
Jack could you please explain why knowing if the component harmonics are odd or even helps a trader? And then how you do so and which is which (odd vs. even). (I assume the difference is in the relative frequency (3 or 4) of what you term A/D - whatever that really is - again some more explanation might be helpful.) I guess visually it shows up as the difference between price spiking and price "rolling over" more gradually through change (where you have second chances at getting filled) - but as I said that's just guessing. (Maybe this should have its own thread?)
it is useless as well as the DOM Wall.i took some time yesterday to monitor DOM Wall intentionally as i knew it would fall like dead.what i was able to observe was the bunch of Wall builders steamed rolled like pancakes.Too bad for them.'All in all it was all just break in the wall...' So Jacks stuff works when it work and doesn`t when it doesn`t, as any other default indicators.You will just waste your time studying it
i guess from child-wood many of us hear and receive a lot of wrong perception about this world or criticism around us that dispower us. We might unconsciously learn that money is devil which causes conflict with our trading. Well just everyone has a different issue i guess, but i would suggest if anyone who has a reasonable edge in trading but still find themself losing, its a better idea if you can talk to ur innerself, visit some healer to heal ur inner child, may be you will find winning easier. I see people who has a very good edge but still lose, and they will just spend more time in researching. I told them its not ur edge not winning but just u dun wanna win. So if you spend tremendous time in research with a good edge but still lose, may be its time u look at ur spiritual side