Well done for the day Can you just for once mark on minute chart entry and exit bar so I can synchronise time with my chart ?
Traffic was detoured from Surf Journal to Cornix. but now Cornix holds the OP status. Let us see if this phenomenon can last longer than a day.
That's because I am posting here. I have been waiting since 2003 for someone to prove TA, and I am still waiting, but still hopeful. Let us hope he keeps his promise: "After multiple arguments on the matter I decided to bring a bit of objectivity to the field of continuous holy war and demonstrate some of the actual performance achieved with use of a couple simple TA signals. Will I prove TA has some value or the opposite, time will show" surf
Why don't you give him an opportunity to instead of telling him he lives in a fantasy world and how this or that is a red flag or major problem for you. Just shut your trap and let the man's journal progress. Besides, you have your own journal to worry about.
My educated guess is that whatever he presents, you won't be satisfied as you will treat it as non authentic. If it comes to that, and probably will, let ET decide if it's truly authentic or not so a non biased conclusion is reached.
Surf is part of ET's rat pack. That's why journal's like this go quickly into the direction that we now see. He shows up in the beginning BEFORE the journal picks up steam with the trader posting statements, real-time trades, real-time signals or whatever. He really doesn't want to see proof of any kind. Simply, his agenda is to discourage, derail, antagonize, argue before the OP gets a chance to post consistently any proof. You'll also notice while other journals by traders using TA profitable while not mentioning their TA and not posting a journal to prove something...surf and the rest of the rat pack don't show up in those journal or at least I haven't seen them there in those types of journals. Unfortunately, the TA isn't shared nor really mentioned while the trader post consistently profitable trades...allowing surf and gang to say he hasn't seen anyone prove anything. Oddly, surf promotes and defends his friend T. Sykes as a real trader that's profitable. Further, surf is well documented here at ET in saying Sykes provides proof of profitable trading but surf doesn't mention the fact that Sykes uses TA (e.g. You can clearly see in many of Sykes youtube videos his use of charts, talking about technical levels, talking about chart patterns and so on). http://www.youtube.com/watch?v=FmA8Qe6JDmE http://www.youtube.com/watch?v=zBO9GEHi6hA (look at what T. Sykes say about his use of TA beginning at the 1:10 minute of the video) There's dozens more videos of T. Sykes using TA but barely mentioning it. Surf has his proof he seeks underneath his own nose. He knows it and doesn't want to admit it. P.S. Surf does not consider chart analysis, technical price levels, chart patterns and such as TA. That's why folks need to be very specific about what they're defending when they decided to engage an argument with him because his beef is with technical indicators. P.S.S. Profitable traders that uses TA are not using it all by itself and nothing else. The problem is that they don't talk about their other tools (e.g. discipline, money management, trading experience, trade management, proper trading environment, properly capitalization and so on).
You're correct. As has been the case for years, the subject matter of every marketsurfer call or conversation is never about the topic or instrument in question, it's ultimately marketsurfer's need for attention. That's the kernel in every sentence, and ongoing disagreement is needed to feed that. Until he develops genuine self-esteem (which entails actual humility and respect for others) this will be the direct cause of his trading mishaps. Stuff like this gets to the core of why traders lose money.
I agree with you. I don't think he will photoshop but I do think he will convienently leave out losing days by just saying I didn't trade that day. Remember we are dealing with a guy who scoffs at consistent 20% annual returns saying that's poor trading. In addition, the reason he was banned from surf report is I suspect some stealth vendering going on. Remember, he manages money for others, is friends with TAexpert, a proven vendor and makes wild claims. Not to mention is located off shore FAR from any oversight in Siberia. All the ingredients for a vendor. With that said, It doesn't mean he's not an exceptional trader. I'll defer to elite for that conclusion rather than let my bias get in the way. Remember, this thread was created to prove TA, not Cornix skill. So far, it has failed in its stated mission. surf
He said he will try to prove TA has some value, not prove TA works all the time no matter what. Read his opening post. "After multiple arguments on the matter I decided to bring a bit of objectivity to the field of continuous holy war and demonstrate some of the actual performance achieved with use of a couple simple TA signals. Will I prove TA has some value or the opposite, time will show. " This thread was created to show Cornix's TA performance, it says so in the title of the journal. Of course skill is involved, perhaps none is needed in the price driver fantasy world of trading but in real trading that is not 100% automated, a trader must manually enter orders and manage positions, not to mention properly and accurately read trading signals.